CLEAN HARBORS INC (CLH) Stock Fundamental Analysis
NYSE:CLH - New York Stock Exchange, Inc. - US1844961078 - Common Stock - Currency: USD
Taking everything into account, CLH scores 5 out of 10 in our fundamental rating. CLH was compared to 83 industry peers in the Commercial Services & Supplies industry. CLH has only an average score on both its financial health and profitability. 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.
In the past 5 years CLH has always been profitable.
CLH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CLH (5.40%) is better than 68.67% of its industry peers.
CLH has a better Return On Equity (15.21%) than 74.70% of its industry peers.
With a decent Return On Invested Capital value of 7.88%, CLH is doing good in the industry, outperforming 63.86% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CLH is below the industry average of 11.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.4% | ||
| ROE | 15.21% | ||
| ROIC | 7.88% |
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
CLH has a better Profit Margin (6.58%) than 73.49% of its industry peers.
CLH's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 11.04%, CLH is in the better half of the industry, outperforming 74.70% of the companies in the same industry.
In the last couple of years the Operating Margin of CLH has grown nicely.
CLH has a Gross Margin (30.76%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CLH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.04% | ||
| PM (TTM) | 6.58% | ||
| 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.
CLH has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.38 indicates that CLH is not in any danger for bankruptcy at the moment.
CLH has a better Altman-Z score (3.38) than 67.47% of its industry peers.
CLH has a debt to FCF ratio of 8.22. This is a slightly negative value and a sign of low solvency as CLH would need 8.22 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.22, CLH is in the better half of the industry, outperforming 62.65% of the companies in the same industry.
A Debt/Equity ratio of 1.08 is on the high side and indicates that CLH has dependencies on debt financing.
CLH has a worse Debt to Equity ratio (1.08) than 66.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | 3.38 |
ROIC/WACC0.96
WACC8.23%
2.3 Liquidity
CLH has a Current Ratio of 2.37. This indicates that CLH is financially healthy and has no problem in meeting its short term obligations.
CLH has a Current ratio of 2.37. This is in the better half of the industry: CLH outperforms 78.31% of its industry peers.
CLH has a Quick Ratio of 1.98. This is a normal value and indicates that CLH is financially healthy and should not expect problems in meeting its short term obligations.
CLH has a Quick ratio of 1.98. This is amongst the best in the industry. CLH outperforms 80.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.34% over the past year.
CLH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.46% yearly.
CLH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.52%.
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)4.34%
EPS 3Y26.79%
EPS 5Y31.46%
EPS Q2Q%-15.5%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.67%
Revenue growth 5Y11.54%
Sales Q2Q%4.01%
3.2 Future
The Earnings Per Share is expected to grow by 12.30% 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 5.21% yearly.
EPS Next Y3.3%
EPS Next 2Y10.7%
EPS Next 3Y15.8%
EPS Next 5Y12.3%
Revenue Next Year3.8%
Revenue Next 2Y4.62%
Revenue Next 3Y5.38%
Revenue Next 5Y5.21%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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 31.55.
Compared to the rest of the industry, the Price/Earnings ratio of CLH is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.50. CLH is around the same levels.
Based on the Price/Forward Earnings ratio of 25.05, the valuation of CLH can be described as expensive.
CLH's Price/Forward Earnings is on the same level as the industry average.
CLH's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.55 | ||
| Fwd PE | 25.05 |
4.2 Price Multiples
CLH's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as CLH.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.05 | ||
| EV/EBITDA | 13.35 |
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 15.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)9.56
PEG (5Y)1
EPS Next 2Y10.7%
EPS Next 3Y15.8%
5. Dividend
5.1 Amount
CLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
227.76
-1.09 (-0.48%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners93.22%
Inst Owner Change0.05%
Ins Owners5.57%
Ins Owner Change-0.87%
Market Cap12.20B
Analysts82.35
Price Target257.56 (13.08%)
Short Float %1.4%
Short Ratio2.18
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)2
Avg EPS beat(2)7.06%
Min EPS beat(2)1.24%
Max EPS beat(2)12.88%
EPS beat(4)3
Avg EPS beat(4)4.91%
Min EPS beat(4)-3.86%
Max EPS beat(4)12.88%
EPS beat(8)6
Avg EPS beat(8)2.12%
EPS beat(12)10
Avg EPS beat(12)9.57%
EPS beat(16)14
Avg EPS beat(16)13.49%
Revenue beat(2)0
Avg Revenue beat(2)-1.31%
Min Revenue beat(2)-1.58%
Max Revenue beat(2)-1.03%
Revenue beat(4)2
Avg Revenue beat(4)-0.52%
Min Revenue beat(4)-1.58%
Max Revenue beat(4)0.5%
Revenue beat(8)3
Avg Revenue beat(8)-1.17%
Revenue beat(12)7
Avg Revenue beat(12)0.7%
Revenue beat(16)11
Avg Revenue beat(16)2.34%
PT rev (1m)0%
PT rev (3m)-4.2%
EPS NQ rev (1m)0.2%
EPS NQ rev (3m)1.91%
EPS NY rev (1m)-0.22%
EPS NY rev (3m)-0.34%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-0.25%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.55 | ||
| Fwd PE | 25.05 | ||
| P/S | 2.05 | ||
| P/FCF | 36.05 | ||
| P/OCF | 16.04 | ||
| P/B | 4.75 | ||
| P/tB | 30.13 | ||
| EV/EBITDA | 13.35 |
EPS(TTM)7.22
EY3.17%
EPS(NY)9.09
Fwd EY3.99%
FCF(TTM)6.32
FCFY2.77%
OCF(TTM)14.2
OCFY6.23%
SpS110.96
BVpS47.99
TBVpS7.56
PEG (NY)9.56
PEG (5Y)1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.4% | ||
| ROE | 15.21% | ||
| ROCE | 10.47% | ||
| ROIC | 7.88% | ||
| ROICexc | 8.7% | ||
| ROICexgc | 14.08% | ||
| OM | 11.04% | ||
| PM (TTM) | 6.58% | ||
| GM | 30.76% | ||
| FCFM | 5.69% |
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%
ROICexcg growth 3Y10.92%
ROICexcg 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 Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.22 | ||
| Debt/EBITDA | 2.58 | ||
| Cap/Depr | 101.08% | ||
| Cap/Sales | 7.1% | ||
| Interest Coverage | 4.14 | ||
| Cash Conversion | 70.83% | ||
| Profit Quality | 86.54% | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 1.98 | ||
| Altman-Z | 3.38 |
F-Score7
WACC8.23%
ROIC/WACC0.96
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)4.34%
EPS 3Y26.79%
EPS 5Y31.46%
EPS Q2Q%-15.5%
EPS Next Y3.3%
EPS Next 2Y10.7%
EPS Next 3Y15.8%
EPS Next 5Y12.3%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.67%
Revenue growth 5Y11.54%
Sales Q2Q%4.01%
Revenue Next Year3.8%
Revenue Next 2Y4.62%
Revenue Next 3Y5.38%
Revenue Next 5Y5.21%
EBIT growth 1Y6.39%
EBIT growth 3Y24.78%
EBIT growth 5Y23.92%
EBIT Next Year74.71%
EBIT Next 3Y27.96%
EBIT Next 5Y20.03%
FCF growth 1Y1.22%
FCF growth 3Y3.81%
FCF growth 5Y11.72%
OCF growth 1Y9.82%
OCF growth 3Y12.52%
OCF growth 5Y13.49%