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. Both the profitability and the financial health of CLH get a neutral evaluation. Nothing too spectacular is happening here. CLH is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CLH was profitable.
CLH had a positive operating cash flow in the past year.
Each year in the past 5 years CLH has been profitable.
In the past 5 years CLH always reported a positive cash flow from operatings.
1.2 Ratios
CLH has a better Return On Assets (5.40%) than 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.
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
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.
In the last couple of years the Profit Margin of CLH has grown nicely.
The Operating Margin of CLH (11.04%) is better than 74.70% of its industry peers.
CLH's Operating Margin has improved in the last couple of years.
CLH has a Gross Margin (30.76%) which is in line with 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CLH is still 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.
CLH has a Altman-Z score of 3.42. This is in the better half of the industry: CLH outperforms 69.88% 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.
CLH's Debt to FCF ratio of 8.22 is fine compared to the rest of the industry. CLH outperforms 61.45% of its industry peers.
A Debt/Equity ratio of 1.08 is on the high side and indicates that CLH has dependencies on debt financing.
With a Debt to Equity ratio value of 1.08, CLH is not doing good in the industry: 67.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | 3.42 |
ROIC/WACC0.97
WACC8.15%
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.
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.
With a decent Quick ratio value of 1.98, CLH is doing good in 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
CLH shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.34%.
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.
The Revenue has grown by 8.52% in the past year. This is quite good.
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.
The Revenue is expected to grow by 5.21% on average over the next years.
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.
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
The Price/Earnings ratio is 32.51, which means the current valuation is very expensive for CLH.
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 27.29. CLH is around the same levels.
The Price/Forward Earnings ratio is 25.76, which means the current valuation is very expensive for CLH.
The rest of the industry has a similar Price/Forward Earnings ratio as CLH.
CLH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.51 | ||
| Fwd PE | 25.76 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CLH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.15 | ||
| EV/EBITDA | 13.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CLH does not grow enough to justify the current Price/Earnings ratio.
CLH has a very decent profitability rating, which may justify a higher PE ratio.
CLH's earnings are expected to grow with 15.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)9.22
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 |
234.71
+0.56 (+0.24%)
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 Cap12.58B
Analysts82.35
Price Target257.56 (9.74%)
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 | 32.51 | ||
| Fwd PE | 25.76 | ||
| P/S | 2.12 | ||
| P/FCF | 37.15 | ||
| P/OCF | 16.53 | ||
| P/B | 4.89 | ||
| P/tB | 31.05 | ||
| EV/EBITDA | 13.65 |
EPS(TTM)7.22
EY3.08%
EPS(NY)9.11
Fwd EY3.88%
FCF(TTM)6.32
FCFY2.69%
OCF(TTM)14.2
OCFY6.05%
SpS110.96
BVpS47.99
TBVpS7.56
PEG (NY)9.22
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%