CECO ENVIRONMENTAL CORP (CECO) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:CECO • US1251411013

68.06 USD
-0.79 (-1.15%)
At close: Feb 5, 2026
68.06 USD
0 (0%)
After Hours: 2/5/2026, 7:14:43 PM
Fundamental Rating

4

Taking everything into account, CECO scores 4 out of 10 in our fundamental rating. CECO was compared to 132 industry peers in the Machinery industry. There are concerns on the financial health of CECO while its profitability can be described as average. CECO is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

5

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.
  • CECO had positive earnings in each of the past 5 years.
  • CECO had a positive operating cash flow in each of the past 5 years.
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 0 20M -20M 40M 60M

1.2 Ratios

  • CECO's Return On Assets of 5.82% is fine compared to the rest of the industry. CECO outperforms 65.15% of its industry peers.
  • CECO's Return On Equity of 16.78% is fine compared to the rest of the industry. CECO outperforms 78.79% of its industry peers.
  • CECO has a Return On Invested Capital (5.78%) which is comparable to the rest of the industry.
  • The Average Return On Invested Capital over the past 3 years for CECO is below the industry average of 10.37%.
Industry RankSector 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%
CECO Yearly ROA, ROE, ROICCECO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 -10 -15 -20

1.3 Margins

  • Looking at the Profit Margin, with a value of 7.22%, CECO is in the better half of the industry, outperforming 62.88% of the companies in the same industry.
  • CECO's Profit Margin has declined in the last couple of years.
  • The Operating Margin of CECO (6.42%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of CECO has grown nicely.
  • Looking at the Gross Margin, with a value of 34.91%, CECO is in the better half of the industry, outperforming 62.88% of the companies in the same industry.
  • In the last couple of years the Gross Margin of CECO has remained more or less at the same level.
Industry RankSector 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%
CECO Yearly Profit, Operating, Gross MarginsCECO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CECO is destroying value.
  • The number of shares outstanding for CECO has been increased compared to 1 year ago.
  • CECO has less shares outstanding than it did 5 years ago.
  • CECO has a worse debt/assets ratio than last year.
CECO Yearly Shares OutstandingCECO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 3.72 indicates that CECO is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.72, CECO is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
  • A Debt/Equity ratio of 0.71 indicates that CECO is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.71, CECO is not doing good in the industry: 68.94% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF N/A
Altman-Z 3.72
ROIC/WACC0.6
WACC9.69%
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 50M 100M 150M 200M

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's Current ratio of 1.33 is on the low side compared to the rest of the industry. CECO is outperformed by 81.82% of its industry peers.
  • CECO has a Quick Ratio of 1.33. This is a bad value and indicates that CECO is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of CECO (0.76) is worse than 80.30% of its industry peers.
Industry RankSector Rank
Current Ratio 1.33
Quick Ratio 0.76
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 100M 200M 300M

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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

  • The Earnings Per Share has grown by an nice 19.18% over the past year.
  • Measured over the past 5 years, CECO shows a small growth in Earnings Per Share. The EPS has been growing by 4.06% on average per year.
  • CECO shows a strong growth in Revenue. In the last year, the Revenue has grown by 29.86%.
  • The Revenue has been growing by 10.29% on average over the past years. This is quite good.
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 42.16% on average over the next years. This is a very strong growth
  • CECO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.13% yearly.
EPS Next Y39.51%
EPS Next 2Y43.92%
EPS Next 3Y42.16%
EPS Next 5YN/A
Revenue Next Year36.55%
Revenue Next 2Y25.1%
Revenue Next 3Y20.13%
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 Revenue growth rate is accelerating: in the next years the growth will be better than in the last 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

1

4. Valuation

4.1 Price/Earnings Ratio

  • CECO is valuated quite expensively with a Price/Earnings ratio of 78.23.
  • 68.94% of the companies in the same industry are cheaper than CECO, based on the Price/Earnings ratio.
  • CECO's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.67.
  • CECO is valuated quite expensively with a Price/Forward Earnings ratio of 45.64.
  • 68.18% of the companies in the same industry are cheaper than CECO, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 27.20. CECO is valued rather expensively when compared to this.
Industry RankSector Rank
PE 78.23
Fwd PE 45.64
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

  • Based on the Enterprise Value to EBITDA ratio, CECO is valued a bit more expensive than 74.24% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 38.66
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

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CECO does not grow enough to justify the current Price/Earnings ratio.
  • CECO's earnings are expected to grow with 42.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.98
PEG (5Y)19.25
EPS Next 2Y43.92%
EPS Next 3Y42.16%

More info and screens

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

0

5. Dividend

5.1 Amount

  • CECO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CECO ENVIRONMENTAL CORP

NASDAQ:CECO (2/5/2026, 7:14:43 PM)

After market: 68.06 0 (0%)

68.06

-0.79 (-1.15%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-28
Earnings (Next)02-23
Inst Owners83.04%
Inst Owner Change-99.96%
Ins Owners10.36%
Ins Owner Change0.29%
Market Cap2.43B
Revenue(TTM)718.25M
Net Income(TTM)51.87M
Analysts81.67
Price Target64.43 (-5.33%)
Short Float %7.45%
Short Ratio7.87
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)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)3.55%
PT rev (3m)19.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.41%
EPS NY rev (1m)0%
EPS NY rev (3m)0.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.72%
Valuation
Industry RankSector Rank
PE 78.23
Fwd PE 45.64
P/S 3.38
P/FCF N/A
P/OCF N/A
P/B 7.84
P/tB N/A
EV/EBITDA 38.66
EPS(TTM)0.87
EY1.28%
EPS(NY)1.49
Fwd EY2.19%
FCF(TTM)-0.49
FCFYN/A
OCF(TTM)-0.06
OCFYN/A
SpS20.15
BVpS8.68
TBVpS-2.63
PEG (NY)1.98
PEG (5Y)19.25
Graham Number13.03
Profitability
Industry RankSector 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 RankSector 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 3.72
F-Score4
WACC9.69%
ROIC/WACC0.6
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 3Y42.16%
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 3Y20.13%
Revenue Next 5YN/A
EBIT growth 1Y8.66%
EBIT growth 3Y48.77%
EBIT growth 5Y15.83%
EBIT Next Year118.38%
EBIT Next 3Y49.62%
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 for CECO stock?

ChartMill assigns a valuation rating of 1 / 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.


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%.