61.21 USD
+0.25 (+0.41%)
61.28 USD
+0.07 (+0.11%)
We assign a fundamental rating of 4 out of 10 to CECO. CECO was compared to 82 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of CECO while its profitability can be described as average. CECO is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
CECO had positive earnings in the past year.
In the past year CECO has reported a negative cash flow from operations.
In the past 5 years CECO has always been profitable.
Each year in the past 5 years CECO had a positive operating cash flow.
1.2 Ratios
CECO has a Return On Assets of 5.82%. This is in the better half of the industry: CECO outperforms 75.61% of its industry peers.
CECO's Return On Equity of 16.78% is amongst the best of the industry. CECO outperforms 80.49% of its industry peers.
With a Return On Invested Capital value of 5.78%, CECO perfoms like the industry average, outperforming 58.54% 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 10.13%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.82% | ||
| ROE | 16.78% | ||
| ROIC | 5.78% |
ROA(3y)2.43%
ROA(5y)1.92%
ROE(3y)6.31%
ROE(5y)4.73%
ROIC(3y)6.39%
ROIC(5y)5.34%
1.3 Margins
Looking at the Profit Margin, with a value of 7.22%, CECO is in the better half of the industry, outperforming 79.27% of the companies in the same industry.
CECO's Profit Margin has declined in the last couple of years.
CECO has a Operating Margin (6.42%) which is in line with its industry peers.
In the last couple of years the Operating Margin of CECO has grown nicely.
CECO has a Gross Margin of 34.91%. This is comparable to the rest of the industry: CECO outperforms 57.32% of its industry peers.
In the last couple of years the Gross Margin of CECO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.42% | ||
| PM (TTM) | 7.22% | ||
| GM | 34.91% |
OM growth 3Y24.13%
OM growth 5Y5.02%
PM growth 3Y75.18%
PM growth 5Y-14.81%
GM growth 3Y4.29%
GM growth 5Y1.11%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CECO is destroying value.
CECO has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CECO has been reduced compared to 5 years ago.
CECO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.43 indicates that CECO is not in any danger for bankruptcy at the moment.
CECO's Altman-Z score of 3.43 is fine compared to the rest of the industry. CECO outperforms 68.29% of its industry peers.
CECO has a Debt/Equity ratio of 0.71. This is a neutral value indicating CECO is somewhat dependend on debt financing.
CECO has a Debt to Equity ratio of 0.71. This is comparable to the rest of the industry: CECO outperforms 42.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.43 |
ROIC/WACC0.68
WACC8.56%
2.3 Liquidity
CECO has a Current Ratio of 1.33. This is a normal value and indicates that CECO is financially healthy and should not expect problems in meeting its short term obligations.
CECO has a Current ratio (1.33) which is in line with its industry peers.
A Quick Ratio of 0.76 indicates that CECO may have some problems paying its short term obligations.
CECO has a worse Quick ratio (0.76) than 76.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
CECO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.18%, which is quite good.
CECO shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.06% yearly.
The Revenue has grown by 29.86% in the past year. This is a very strong growth!
Measured over the past years, CECO shows a quite strong growth in Revenue. The Revenue has been growing by 10.29% on average per year.
EPS 1Y (TTM)19.18%
EPS 3Y35.41%
EPS 5Y4.06%
EPS Q2Q%85.71%
Revenue 1Y (TTM)29.86%
Revenue growth 3Y19.85%
Revenue growth 5Y10.29%
Sales Q2Q%45.82%
3.2 Future
The Earnings Per Share is expected to grow by 41.74% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 19.78% on average over the next years. This is quite good.
EPS Next Y39.51%
EPS Next 2Y43.92%
EPS Next 3Y41.74%
EPS Next 5YN/A
Revenue Next Year36.55%
Revenue Next 2Y25.1%
Revenue Next 3Y19.78%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 70.36, which means the current valuation is very expensive for CECO.
The rest of the industry has a similar Price/Earnings ratio as CECO.
Compared to an average S&P500 Price/Earnings ratio of 26.55, CECO is valued quite expensively.
A Price/Forward Earnings ratio of 41.05 indicates a quite expensive valuation of CECO.
CECO's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of CECO to the average of the S&P500 Index (23.78), we can say CECO is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.36 | ||
| Fwd PE | 41.05 |
4.2 Price Multiples
CECO's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CECO is more expensive than 62.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 34.54 |
4.3 Compensation for Growth
CECO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as CECO's earnings are expected to grow with 41.74% in the coming years.
PEG (NY)1.78
PEG (5Y)17.32
EPS Next 2Y43.92%
EPS Next 3Y41.74%
5. Dividend
5.1 Amount
No dividends for CECO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
61.21
+0.25 (+0.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners82.74%
Inst Owner Change-99.96%
Ins Owners10.36%
Ins Owner Change-0.69%
Market Cap2.18B
Revenue(TTM)718.25M
Net Income(TTM)51.87M
Analysts81.67
Price Target60.01 (-1.96%)
Short Float %7.53%
Short Ratio4.3
Dividend
| Industry Rank | Sector 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)1
Avg EPS beat(2)16.36%
Min EPS beat(2)-0.35%
Max EPS beat(2)33.06%
EPS beat(4)3
Avg EPS beat(4)12.35%
Min EPS beat(4)-0.35%
Max EPS beat(4)33.06%
EPS beat(8)5
Avg EPS beat(8)7.03%
EPS beat(12)8
Avg EPS beat(12)9.13%
EPS beat(16)12
Avg EPS beat(16)28.78%
Revenue beat(2)2
Avg Revenue beat(2)1.75%
Min Revenue beat(2)1.73%
Max Revenue beat(2)1.77%
Revenue beat(4)3
Avg Revenue beat(4)3.78%
Min Revenue beat(4)-2.69%
Max Revenue beat(4)14.32%
Revenue beat(8)4
Avg Revenue beat(8)-1.36%
Revenue beat(12)8
Avg Revenue beat(12)1.6%
Revenue beat(16)12
Avg Revenue beat(16)3.9%
PT rev (1m)11.01%
PT rev (3m)14.24%
EPS NQ rev (1m)-1.15%
EPS NQ rev (3m)-10.39%
EPS NY rev (1m)-0.51%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.11%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.36 | ||
| Fwd PE | 41.05 | ||
| P/S | 3.04 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 7.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 34.54 |
EPS(TTM)0.87
EY1.42%
EPS(NY)1.49
Fwd EY2.44%
FCF(TTM)-0.49
FCFYN/A
OCF(TTM)-0.06
OCFYN/A
SpS20.15
BVpS8.68
TBVpS-2.63
PEG (NY)1.78
PEG (5Y)17.32
Graham Number13.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.82% | ||
| ROE | 16.78% | ||
| ROCE | 7.76% | ||
| ROIC | 5.78% | ||
| ROICexc | 6.12% | ||
| ROICexgc | 21.74% | ||
| OM | 6.42% | ||
| PM (TTM) | 7.22% | ||
| GM | 34.91% | ||
| FCFM | N/A |
ROA(3y)2.43%
ROA(5y)1.92%
ROE(3y)6.31%
ROE(5y)4.73%
ROIC(3y)6.39%
ROIC(5y)5.34%
ROICexc(3y)7.22%
ROICexc(5y)6.02%
ROICexgc(3y)29.86%
ROICexgc(5y)24.41%
ROCE(3y)8.61%
ROCE(5y)7.19%
ROICexgc growth 3Y24.08%
ROICexgc growth 5Y-0.02%
ROICexc growth 3Y22.84%
ROICexc growth 5Y2.33%
OM growth 3Y24.13%
OM growth 5Y5.02%
PM growth 3Y75.18%
PM growth 5Y-14.81%
GM growth 3Y4.29%
GM growth 5Y1.11%
F-Score4
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.2 | ||
| Cap/Depr | 67.6% | ||
| Cap/Sales | 2.09% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 3.43 |
F-Score4
WACC8.56%
ROIC/WACC0.68
Cap/Depr(3y)72.83%
Cap/Depr(5y)56.98%
Cap/Sales(3y)1.82%
Cap/Sales(5y)1.5%
Profit Quality(3y)163.14%
Profit Quality(5y)251.6%
High Growth Momentum
Growth
EPS 1Y (TTM)19.18%
EPS 3Y35.41%
EPS 5Y4.06%
EPS Q2Q%85.71%
EPS Next Y39.51%
EPS Next 2Y43.92%
EPS Next 3Y41.74%
EPS Next 5YN/A
Revenue 1Y (TTM)29.86%
Revenue growth 3Y19.85%
Revenue growth 5Y10.29%
Sales Q2Q%45.82%
Revenue Next Year36.55%
Revenue Next 2Y25.1%
Revenue Next 3Y19.78%
Revenue Next 5YN/A
EBIT growth 1Y8.66%
EBIT growth 3Y48.77%
EBIT growth 5Y15.83%
EBIT Next Year118.38%
EBIT Next 3Y49.31%
EBIT Next 5YN/A
FCF growth 1Y-152.59%
FCF growth 3Y-11.27%
FCF growth 5Y10.3%
OCF growth 1Y-105.76%
OCF growth 3Y23.13%
OCF growth 5Y19.4%
CECO ENVIRONMENTAL CORP / CECO FAQ
What is the ChartMill fundamental rating of CECO ENVIRONMENTAL CORP (CECO) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CECO.
What is the valuation status of CECO ENVIRONMENTAL CORP (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 5 / 10.
Can you provide the PE and PB ratios for CECO stock?
The Price/Earnings (PE) ratio for CECO ENVIRONMENTAL CORP (CECO) is 70.36 and the Price/Book (PB) ratio is 7.06.
What is the earnings growth outlook for CECO ENVIRONMENTAL CORP?
The Earnings per Share (EPS) of CECO ENVIRONMENTAL CORP (CECO) is expected to grow by 39.51% in the next year.