CLEAN HARBORS INC (CLH) Stock Fundamental Analysis
NYSE:CLH - New York Stock Exchange, Inc. - US1844961078 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to CLH. 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
In the past year CLH was profitable.
CLH had a positive operating cash flow in the past year.
In the past 5 years CLH has always been profitable.
In the past 5 years CLH always reported a positive cash flow from operatings.
1.2 Ratios
CLH's Return On Assets of 5.40% is fine compared to the rest of the industry. CLH outperforms 67.47% of its industry peers.
The Return On Equity of CLH (15.21%) is better than 73.49% of its industry peers.
The Return On Invested Capital of CLH (7.88%) is better than 63.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
Looking at the Profit Margin, with a value of 6.58%, CLH is in the better half of the industry, outperforming 72.29% of the companies in the same industry.
CLH's Profit Margin has improved in the last couple of years.
CLH has a better Operating Margin (11.04%) than 74.70% of its industry peers.
CLH's Operating Margin has improved in the last couple of years.
CLH has a Gross Margin of 30.76%. This is comparable to the rest of the industry: CLH outperforms 49.40% of its industry peers.
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
CLH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CLH has about the same amount of shares outstanding.
Compared to 5 years ago, CLH has less shares outstanding
Compared to 1 year ago, CLH has a worse debt to assets ratio.
2.2 Solvency
CLH has an Altman-Z score of 3.42. This indicates that CLH is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.42, CLH is doing good in the industry, outperforming 68.67% of the companies in the same industry.
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.
CLH has a Debt to FCF ratio of 8.22. This is in the better half of the industry: CLH outperforms 61.45% of its industry peers.
CLH has a Debt/Equity ratio of 1.08. This is a high value indicating a heavy dependency on external financing.
CLH has a Debt to Equity ratio of 1.08. This is in the lower half of the industry: CLH underperforms 67.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | 3.42 |
ROIC/WACC0.97
WACC8.15%
2.3 Liquidity
A Current Ratio of 2.37 indicates that CLH has no problem at all paying its short term obligations.
The Current ratio of CLH (2.37) is better than 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.
Looking at the Quick ratio, with a value of 1.98, CLH is in the better half of the industry, outperforming 79.52% of the companies in the same industry.
| 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%.
Measured over the past years, CLH shows a quite strong growth in Revenue. The Revenue has been growing by 11.54% on average per year.
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
Based on estimates for the next years, CLH will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.30% on average per year.
Based on estimates for the next years, CLH will show a small growth in Revenue. The Revenue will grow by 5.21% on average per year.
EPS Next Y3.52%
EPS Next 2Y10.81%
EPS Next 3Y15.96%
EPS Next 5Y12.3%
Revenue Next Year4.15%
Revenue Next 2Y4.61%
Revenue Next 3Y5.35%
Revenue Next 5Y5.21%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 32.43, the valuation of CLH can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of CLH is on the same level as its industry peers.
When comparing the Price/Earnings ratio of CLH to the average of the S&P500 Index (27.45), we can say CLH is valued inline with the index average.
With a Price/Forward Earnings ratio of 25.70, CLH can be considered very expensive at the moment.
CLH's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.89, CLH is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.43 | ||
| Fwd PE | 25.7 |
4.2 Price Multiples
CLH's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as CLH.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.06 | ||
| EV/EBITDA | 13.62 |
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.
A more expensive valuation may be justified as CLH's earnings are expected to grow with 15.96% in the coming years.
PEG (NY)9.2
PEG (5Y)1.03
EPS Next 2Y10.81%
EPS Next 3Y15.96%
5. Dividend
5.1 Amount
CLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
234.15
+3.81 (+1.65%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners93.22%
Inst Owner Change-62.4%
Ins Owners5.57%
Ins Owner Change-0.87%
Market Cap12.55B
Analysts82.35
Price Target257.56 (10%)
Short Float %1.48%
Short Ratio2.22
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%
EPS NQ rev (3m)0.94%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.31%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.43 | ||
| Fwd PE | 25.7 | ||
| P/S | 2.11 | ||
| P/FCF | 37.06 | ||
| P/OCF | 16.49 | ||
| P/B | 4.88 | ||
| P/tB | 30.98 | ||
| EV/EBITDA | 13.62 |
EPS(TTM)7.22
EY3.08%
EPS(NY)9.11
Fwd EY3.89%
FCF(TTM)6.32
FCFY2.7%
OCF(TTM)14.2
OCFY6.06%
SpS110.96
BVpS47.99
TBVpS7.56
PEG (NY)9.2
PEG (5Y)1.03
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 | 3.42 |
F-Score7
WACC8.15%
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)4.34%
EPS 3Y26.79%
EPS 5Y31.46%
EPS Q2Q%-15.5%
EPS Next Y3.52%
EPS Next 2Y10.81%
EPS Next 3Y15.96%
EPS Next 5Y12.3%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.67%
Revenue growth 5Y11.54%
Sales Q2Q%4.01%
Revenue Next Year4.15%
Revenue Next 2Y4.61%
Revenue Next 3Y5.35%
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%