CLEAN HARBORS INC (CLH) Stock Fundamental Analysis
USA - NYSE:CLH - US1844961078 - Common Stock
243.59 USD
+7.15 (+3.02%)
243.9 USD
+0.31 (+0.13%)
We assign a fundamental rating of 5 out of 10 to CLH. CLH was compared to 82 industry peers in the Commercial Services & Supplies industry. CLH scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, CLH is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CLH had positive earnings in the past year.
CLH had a positive operating cash flow in the past year.
CLH had positive earnings in each of the past 5 years.
In the past 5 years CLH always reported a positive cash flow from operatings.
1.2 Ratios
CLH's Return On Assets of 5.17% is fine compared to the rest of the industry. CLH outperforms 70.73% of its industry peers.
With a decent Return On Equity value of 14.18%, CLH is doing good in the industry, outperforming 78.05% of the companies in the same industry.
CLH's Return On Invested Capital of 7.62% is fine compared to the rest of the industry. CLH outperforms 70.73% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CLH is in line with the industry average of 10.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.17% | ||
| ROE | 14.18% | ||
| ROIC | 7.62% |
ROA(3y)6.03%
ROA(5y)4.99%
ROE(3y)17.95%
ROE(5y)15.47%
ROIC(3y)8.67%
ROIC(5y)7.33%
1.3 Margins
The Profit Margin of CLH (6.48%) is better than 74.39% of its industry peers.
In the last couple of years the Profit Margin of CLH has grown nicely.
Looking at the Operating Margin, with a value of 10.96%, CLH is in the better half of the industry, outperforming 73.17% of the companies in the same industry.
In the last couple of years the Operating Margin of CLH has grown nicely.
The Gross Margin of CLH (30.76%) is comparable to the rest of the industry.
CLH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.96% | ||
| PM (TTM) | 6.48% | ||
| GM | 30.76% |
OM growth 3Y7.87%
OM growth 5Y11.1%
PM growth 3Y8.55%
PM growth 5Y18.99%
GM growth 3Y-0.48%
GM growth 5Y0.63%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CLH is still creating some value.
CLH has about the same amout of shares outstanding than it did 1 year ago.
CLH has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CLH is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.41 indicates that CLH is not in any danger for bankruptcy at the moment.
CLH's Altman-Z score of 3.41 is fine compared to the rest of the industry. CLH outperforms 68.29% of its industry peers.
CLH has a debt to FCF ratio of 7.39. This is a slightly negative value and a sign of low solvency as CLH would need 7.39 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 7.39, CLH is doing good in the industry, outperforming 62.20% of the companies in the same industry.
A Debt/Equity ratio of 1.02 is on the high side and indicates that CLH has dependencies on debt financing.
With a Debt to Equity ratio value of 1.02, CLH is not doing good in the industry: 67.07% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 7.39 | ||
| Altman-Z | 3.41 |
ROIC/WACC0.97
WACC7.86%
2.3 Liquidity
A Current Ratio of 2.45 indicates that CLH has no problem at all paying its short term obligations.
CLH has a better Current ratio (2.45) than 78.05% of its industry peers.
A Quick Ratio of 2.07 indicates that CLH has no problem at all paying its short term obligations.
The Quick ratio of CLH (2.07) is better than 82.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
The earnings per share for CLH have decreased by -1.79% in the last year.
Measured over the past years, CLH shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.46% on average per year.
CLH shows a small growth in Revenue. In the last year, the Revenue has grown by 5.49%.
CLH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.54% yearly.
EPS 1Y (TTM)-1.79%
EPS 3Y26.79%
EPS 5Y31.46%
EPS Q2Q%-4.07%
Revenue 1Y (TTM)5.49%
Revenue growth 3Y15.67%
Revenue growth 5Y11.54%
Sales Q2Q%-0.18%
3.2 Future
The Earnings Per Share is expected to grow by 12.25% on average over the next years. This is quite good.
CLH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.88% yearly.
EPS Next Y3.26%
EPS Next 2Y10.81%
EPS Next 3Y15.54%
EPS Next 5Y12.25%
Revenue Next Year2.72%
Revenue Next 2Y4.08%
Revenue Next 3Y5.44%
Revenue Next 5Y4.88%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CLH is valuated quite expensively with a Price/Earnings ratio of 34.21.
CLH's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.67, CLH is valued a bit more expensive.
CLH is valuated quite expensively with a Price/Forward Earnings ratio of 26.74.
The rest of the industry has a similar Price/Forward Earnings ratio as CLH.
CLH's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.21 | ||
| Fwd PE | 26.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CLH is on the same level as its industry peers.
CLH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.71 | ||
| EV/EBITDA | 13.52 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of CLH may justify a higher PE ratio.
CLH's earnings are expected to grow with 15.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)10.5
PEG (5Y)1.09
EPS Next 2Y10.81%
EPS Next 3Y15.54%
5. Dividend
5.1 Amount
CLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
243.59
+7.15 (+3.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners92.69%
Inst Owner Change-0.15%
Ins Owners5.55%
Ins Owner Change-3.87%
Market Cap13.06B
Revenue(TTM)5.94B
Net Income(TTM)384.77M
Analysts81.25
Price Target262.49 (7.76%)
Short Float %2.64%
Short Ratio3.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.54%
Min EPS beat(2)-2.32%
Max EPS beat(2)1.24%
EPS beat(4)2
Avg EPS beat(4)1.98%
Min EPS beat(4)-3.86%
Max EPS beat(4)12.88%
EPS beat(8)5
Avg EPS beat(8)1.75%
EPS beat(12)9
Avg EPS beat(12)4.09%
EPS beat(16)13
Avg EPS beat(16)10.5%
Revenue beat(2)0
Avg Revenue beat(2)-2.66%
Min Revenue beat(2)-3.74%
Max Revenue beat(2)-1.58%
Revenue beat(4)1
Avg Revenue beat(4)-1.58%
Min Revenue beat(4)-3.74%
Max Revenue beat(4)0.03%
Revenue beat(8)3
Avg Revenue beat(8)-1.3%
Revenue beat(12)6
Avg Revenue beat(12)-0.41%
Revenue beat(16)10
Avg Revenue beat(16)1.55%
PT rev (1m)-0.15%
PT rev (3m)0.77%
EPS NQ rev (1m)0.06%
EPS NQ rev (3m)2.89%
EPS NY rev (1m)0.49%
EPS NY rev (3m)-0.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.75%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.21 | ||
| Fwd PE | 26.74 | ||
| P/S | 2.2 | ||
| P/FCF | 34.71 | ||
| P/OCF | 17.35 | ||
| P/B | 4.81 | ||
| P/tB | 23.45 | ||
| EV/EBITDA | 13.52 |
EPS(TTM)7.12
EY2.92%
EPS(NY)9.11
Fwd EY3.74%
FCF(TTM)7.02
FCFY2.88%
OCF(TTM)14.04
OCFY5.76%
SpS110.8
BVpS50.61
TBVpS10.39
PEG (NY)10.5
PEG (5Y)1.09
Graham Number90.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.17% | ||
| ROE | 14.18% | ||
| ROCE | 10.13% | ||
| ROIC | 7.62% | ||
| ROICexc | 8.55% | ||
| ROICexgc | 13.72% | ||
| OM | 10.96% | ||
| PM (TTM) | 6.48% | ||
| GM | 30.76% | ||
| FCFM | 6.33% |
ROA(3y)6.03%
ROA(5y)4.99%
ROE(3y)17.95%
ROE(5y)15.47%
ROIC(3y)8.67%
ROIC(5y)7.33%
ROICexc(3y)9.76%
ROICexc(5y)8.32%
ROICexgc(3y)16.3%
ROICexgc(5y)13.8%
ROCE(3y)11.52%
ROCE(5y)9.73%
ROICexgc growth 3Y10.92%
ROICexgc growth 5Y12.41%
ROICexc growth 3Y14.1%
ROICexc growth 5Y9.64%
OM growth 3Y7.87%
OM growth 5Y11.1%
PM growth 3Y8.55%
PM growth 5Y18.99%
GM growth 3Y-0.48%
GM growth 5Y0.63%
F-Score7
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 7.39 | ||
| Debt/EBITDA | 2.55 | ||
| Cap/Depr | 86.82% | ||
| Cap/Sales | 6.34% | ||
| Interest Coverage | 4.19 | ||
| Cash Conversion | 69.4% | ||
| Profit Quality | 97.81% | ||
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.07 | ||
| Altman-Z | 3.41 |
F-Score7
WACC7.86%
ROIC/WACC0.97
Cap/Depr(3y)108.74%
Cap/Depr(5y)95.27%
Cap/Sales(3y)7.36%
Cap/Sales(5y)6.97%
Profit Quality(3y)77.75%
Profit Quality(5y)110.67%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.79%
EPS 3Y26.79%
EPS 5Y31.46%
EPS Q2Q%-4.07%
EPS Next Y3.26%
EPS Next 2Y10.81%
EPS Next 3Y15.54%
EPS Next 5Y12.25%
Revenue 1Y (TTM)5.49%
Revenue growth 3Y15.67%
Revenue growth 5Y11.54%
Sales Q2Q%-0.18%
Revenue Next Year2.72%
Revenue Next 2Y4.08%
Revenue Next 3Y5.44%
Revenue Next 5Y4.88%
EBIT growth 1Y1.33%
EBIT growth 3Y24.78%
EBIT growth 5Y23.92%
EBIT Next Year74.56%
EBIT Next 3Y28.7%
EBIT Next 5Y19.79%
FCF growth 1Y15.34%
FCF growth 3Y3.81%
FCF growth 5Y11.72%
OCF growth 1Y3.15%
OCF growth 3Y12.52%
OCF growth 5Y13.49%