CECO ENVIRONMENTAL CORP (CECO) Stock Fundamental Analysis

NASDAQ:CECO • US1251411013

60.45 USD
-2.87 (-4.53%)
At close: Feb 27, 2026
60.45 USD
0 (0%)
After Hours: 2/27/2026, 8:00:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

CECO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. While CECO is still in line with the averages on profitability rating, there are concerns on its financial health. CECO is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • CECO had positive earnings in the past year.
  • In the past year CECO had a positive cash flow from operations.
  • Each year in the past 5 years CECO has been profitable.
  • In the past 5 years CECO always reported a positive cash flow from operatings.
CECO Yearly Net Income VS EBIT VS OCF VS FCFCECO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M 60M

1.2 Ratios

  • With a decent Return On Assets value of 5.60%, CECO is doing good in the industry, outperforming 63.08% of the companies in the same industry.
  • CECO's Return On Equity of 15.76% is fine compared to the rest of the industry. CECO outperforms 76.15% of its industry peers.
  • With a Return On Invested Capital value of 6.47%, CECO perfoms like the industry average, outperforming 48.46% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for CECO is below the industry average of 10.27%.
Industry RankSector Rank
ROA 5.6%
ROE 15.76%
ROIC 6.47%
ROA(3y)3.15%
ROA(5y)2.65%
ROE(3y)8.85%
ROE(5y)7.08%
ROIC(3y)6.6%
ROIC(5y)5.66%
CECO Yearly ROA, ROE, ROICCECO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20

1.3 Margins

  • With a Profit Margin value of 6.46%, CECO perfoms like the industry average, outperforming 56.15% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CECO has grown nicely.
  • Looking at the Operating Margin, with a value of 6.75%, CECO is in line with its industry, outperforming 41.54% of the companies in the same industry.
  • CECO's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 34.75%, CECO is in the better half of the industry, outperforming 62.31% of the companies in the same industry.
  • CECO's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 6.75%
PM (TTM) 6.46%
GM 34.75%
OM growth 3Y2.27%
OM growth 5Y3.14%
PM growth 3Y16.22%
PM growth 5Y20.02%
GM growth 3Y4.62%
GM growth 5Y0.79%
CECO Yearly Profit, Operating, Gross MarginsCECO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • CECO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, CECO has more shares outstanding
  • The number of shares outstanding for CECO has been increased compared to 5 years ago.
  • The debt/assets ratio for CECO has been reduced compared to a year ago.
CECO Yearly Shares OutstandingCECO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
CECO Yearly Total Debt VS Total AssetsCECO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.2 Solvency

  • An Altman-Z score of 3.53 indicates that CECO is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.53, CECO is in the better half of the industry, outperforming 63.85% of the companies in the same industry.
  • CECO has a Debt/Equity ratio of 0.66. This is a neutral value indicating CECO is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.66, CECO is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF N/A
Altman-Z 3.53
ROIC/WACC0.71
WACC9.13%
CECO Yearly LT Debt VS Equity VS FCFCECO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • CECO has a Current Ratio of 1.34. This is a normal value and indicates that CECO is financially healthy and should not expect problems in meeting its short term obligations.
  • CECO's Current ratio of 1.34 is on the low side compared to the rest of the industry. CECO is outperformed by 80.77% of its industry peers.
  • A Quick Ratio of 0.79 indicates that CECO may have some problems paying its short term obligations.
  • CECO has a Quick ratio of 0.79. This is in the lower half of the industry: CECO underperforms 77.69% of its industry peers.
Industry RankSector Rank
Current Ratio 1.34
Quick Ratio 0.79
CECO Yearly Current Assets VS Current LiabilitesCECO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • CECO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.00%, which is quite impressive.
  • Measured over the past years, CECO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.95% on average per year.
  • Looking at the last year, CECO shows a very strong growth in Revenue. The Revenue has grown by 38.79%.
  • The Revenue has been growing by 19.63% on average over the past years. This is quite good.
EPS 1Y (TTM)25%
EPS 3Y7.23%
EPS 5Y9.95%
EPS Q2Q%11.11%
Revenue 1Y (TTM)38.79%
Revenue growth 3Y22.37%
Revenue growth 5Y19.63%
Sales Q2Q%35.39%

3.2 Future

  • CECO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 51.60% yearly.
  • Based on estimates for the next years, CECO will show a quite strong growth in Revenue. The Revenue will grow by 12.68% on average per year.
EPS Next Y65.69%
EPS Next 2Y51.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year14.6%
Revenue Next 2Y12.68%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
CECO Yearly Revenue VS EstimatesCECO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M
CECO Yearly EPS VS EstimatesCECO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 67.17 indicates a quite expensive valuation of CECO.
  • Based on the Price/Earnings ratio, CECO is valued a bit more expensive than 70.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.10, CECO is valued quite expensively.
  • With a Price/Forward Earnings ratio of 40.54, CECO can be considered very expensive at the moment.
  • Based on the Price/Forward Earnings ratio, CECO is valued a bit more expensive than the industry average as 66.92% of the companies are valued more cheaply.
  • CECO's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 67.17
Fwd PE 40.54
CECO Price Earnings VS Forward Price EarningsCECO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • 70.00% of the companies in the same industry are cheaper than CECO, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 30.26
CECO Per share dataCECO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

  • CECO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • CECO has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as CECO's earnings are expected to grow with 51.60% in the coming years.
PEG (NY)1.02
PEG (5Y)6.75
EPS Next 2Y51.6%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for CECO!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CECO ENVIRONMENTAL CORP

NASDAQ:CECO (2/27/2026, 8:00:00 PM)

After market: 60.45 0 (0%)

60.45

-2.87 (-4.53%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-24
Earnings (Next)04-27
Inst Owners83.04%
Inst Owner Change-99.96%
Ins Owners10.36%
Ins Owner Change0.37%
Market Cap2.15B
Revenue(TTM)774.38M
Net Income(TTM)50.05M
Analysts81.67
Price Target65.28 (7.99%)
Short Float %7.01%
Short Ratio7.29
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.27%
Min EPS beat(2)-24.2%
Max EPS beat(2)-0.35%
EPS beat(4)2
Avg EPS beat(4)5.96%
Min EPS beat(4)-24.2%
Max EPS beat(4)33.06%
EPS beat(8)4
Avg EPS beat(8)2.3%
EPS beat(12)7
Avg EPS beat(12)4.49%
EPS beat(16)11
Avg EPS beat(16)26.13%
Revenue beat(2)2
Avg Revenue beat(2)2.53%
Min Revenue beat(2)1.77%
Max Revenue beat(2)3.29%
Revenue beat(4)4
Avg Revenue beat(4)5.28%
Min Revenue beat(4)1.73%
Max Revenue beat(4)14.32%
Revenue beat(8)4
Avg Revenue beat(8)-1.29%
Revenue beat(12)8
Avg Revenue beat(12)1.15%
Revenue beat(16)12
Avg Revenue beat(16)3.54%
PT rev (1m)1.32%
PT rev (3m)8.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.29%
Valuation
Industry RankSector Rank
PE 67.17
Fwd PE 40.54
P/S 2.78
P/FCF N/A
P/OCF 367.53
P/B 6.79
P/tB N/A
EV/EBITDA 30.26
EPS(TTM)0.9
EY1.49%
EPS(NY)1.49
Fwd EY2.47%
FCF(TTM)-0.15
FCFYN/A
OCF(TTM)0.16
OCFY0.27%
SpS21.73
BVpS8.91
TBVpS-2.17
PEG (NY)1.02
PEG (5Y)6.75
Graham Number13.43
Profitability
Industry RankSector Rank
ROA 5.6%
ROE 15.76%
ROCE 8.88%
ROIC 6.47%
ROICexc 6.85%
ROICexgc 23.78%
OM 6.75%
PM (TTM) 6.46%
GM 34.75%
FCFM N/A
ROA(3y)3.15%
ROA(5y)2.65%
ROE(3y)8.85%
ROE(5y)7.08%
ROIC(3y)6.6%
ROIC(5y)5.66%
ROICexc(3y)7.28%
ROICexc(5y)6.29%
ROICexgc(3y)29.48%
ROICexgc(5y)24.81%
ROCE(3y)9.09%
ROCE(5y)7.79%
ROICexgc growth 3Y1.17%
ROICexgc growth 5Y4.44%
ROICexc growth 3Y3.35%
ROICexc growth 5Y7.14%
OM growth 3Y2.27%
OM growth 5Y3.14%
PM growth 3Y16.22%
PM growth 5Y20.02%
GM growth 3Y4.62%
GM growth 5Y0.79%
F-Score5
Asset Turnover0.87
Health
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF N/A
Debt/EBITDA 2.73
Cap/Depr 45.59%
Cap/Sales 1.46%
Interest Coverage 2.56
Cash Conversion 7.6%
Profit Quality N/A
Current Ratio 1.34
Quick Ratio 0.79
Altman-Z 3.53
F-Score5
WACC9.13%
ROIC/WACC0.71
Cap/Depr(3y)77.4%
Cap/Depr(5y)58.13%
Cap/Sales(3y)2.04%
Cap/Sales(5y)1.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25%
EPS 3Y7.23%
EPS 5Y9.95%
EPS Q2Q%11.11%
EPS Next Y65.69%
EPS Next 2Y51.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)38.79%
Revenue growth 3Y22.37%
Revenue growth 5Y19.63%
Sales Q2Q%35.39%
Revenue Next Year14.6%
Revenue Next 2Y12.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y25.57%
EBIT growth 3Y25.15%
EBIT growth 5Y23.39%
EBIT Next Year88.03%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-173.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-76.39%
OCF growth 3Y-41.74%
OCF growth 5Y5.81%

CECO ENVIRONMENTAL CORP / CECO FAQ

What is the ChartMill fundamental rating of CECO ENVIRONMENTAL CORP (CECO) stock?

ChartMill assigns a fundamental rating of 5 / 10 to CECO.


What is the valuation status for CECO stock?

ChartMill assigns a valuation rating of 2 / 10 to CECO ENVIRONMENTAL CORP (CECO). This can be considered as Overvalued.


What is the profitability of CECO stock?

CECO ENVIRONMENTAL CORP (CECO) has a profitability rating of 6 / 10.


How financially healthy is CECO ENVIRONMENTAL CORP?

The financial health rating of CECO ENVIRONMENTAL CORP (CECO) is 3 / 10.


Can you provide the dividend sustainability for CECO stock?

The dividend rating of CECO ENVIRONMENTAL CORP (CECO) is 0 / 10 and the dividend payout ratio is 0%.