GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) Fundamental Analysis & Valuation

TSX:GFL • CA36168Q1046

Current stock price

52.36 CAD
-2.14 (-3.93%)
Last:

This GFL.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. GFL.CA Profitability Analysis

1.1 Basic Checks

  • In the past year GFL was profitable.
  • In the past year GFL had a positive cash flow from operations.
  • GFL had negative earnings in 4 of the past 5 years.
  • Each year in the past 5 years GFL had a positive operating cash flow.
GFL.CA Yearly Net Income VS EBIT VS OCF VS FCFGFL.CA 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 2025 0 1B -1B 2B 3B

1.2 Ratios

  • GFL has a Return On Assets of 19.61%. This is amongst the best in the industry. GFL outperforms 95.65% of its industry peers.
  • With an excellent Return On Equity value of 51.81%, GFL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 1.66%, GFL is in line with its industry, outperforming 52.17% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for GFL is significantly below the industry average of 6.34%.
  • The last Return On Invested Capital (1.66%) for GFL is above the 3 year average (1.30%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 19.61%
ROE 51.81%
ROIC 1.66%
ROA(3y)5.2%
ROA(5y)2.14%
ROE(3y)13.22%
ROE(5y)4.8%
ROIC(3y)1.3%
ROIC(5y)N/A
GFL.CA Yearly ROA, ROE, ROICGFL.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

1.3 Margins

  • Looking at the Profit Margin, with a value of 57.19%, GFL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 6.04%, GFL is in the better half of the industry, outperforming 60.87% of the companies in the same industry.
  • GFL's Operating Margin has improved in the last couple of years.
  • The Gross Margin of GFL (20.67%) is worse than 65.22% of its industry peers.
  • GFL's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 6.04%
PM (TTM) 57.19%
GM 20.67%
OM growth 3Y82.53%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y20.55%
GM growth 5Y35.47%
GFL.CA Yearly Profit, Operating, Gross MarginsGFL.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. GFL.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GFL is destroying value.
  • The number of shares outstanding for GFL has been reduced compared to 1 year ago.
  • The number of shares outstanding for GFL has been increased compared to 5 years ago.
  • The debt/assets ratio for GFL has been reduced compared to a year ago.
GFL.CA Yearly Shares OutstandingGFL.CA Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
GFL.CA Yearly Total Debt VS Total AssetsGFL.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • Based on the Altman-Z score of 1.32, we must say that GFL is in the distress zone and has some risk of bankruptcy.
  • GFL has a Altman-Z score of 1.32. This is comparable to the rest of the industry: GFL outperforms 43.48% of its industry peers.
  • GFL has a debt to FCF ratio of 45.44. This is a negative value and a sign of low solvency as GFL would need 45.44 years to pay back of all of its debts.
  • GFL has a Debt to FCF ratio (45.44) which is in line with its industry peers.
  • A Debt/Equity ratio of 1.08 is on the high side and indicates that GFL has dependencies on debt financing.
  • GFL has a Debt to Equity ratio (1.08) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF 45.44
Altman-Z 1.32
ROIC/WACC0.22
WACC7.52%
GFL.CA Yearly LT Debt VS Equity VS FCFGFL.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 0.58 indicates that GFL may have some problems paying its short term obligations.
  • GFL has a Current ratio of 0.58. This is in the lower half of the industry: GFL underperforms 73.91% of its industry peers.
  • A Quick Ratio of 0.58 indicates that GFL may have some problems paying its short term obligations.
  • GFL has a Quick ratio of 0.58. This is in the lower half of the industry: GFL underperforms 69.57% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.58
GFL.CA Yearly Current Assets VS Current LiabilitesGFL.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. GFL.CA Growth Analysis

3.1 Past

  • GFL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.28%, which is quite impressive.
  • The Earnings Per Share has been growing by 34.92% on average over the past years. This is a very strong growth
  • GFL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.77%.
  • GFL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.53% yearly.
EPS 1Y (TTM)24.28%
EPS 3Y16.55%
EPS 5Y34.92%
EPS Q2Q%191.21%
Revenue 1Y (TTM)7.77%
Revenue growth 3Y-0.72%
Revenue growth 5Y9.53%
Sales Q2Q%5.09%

3.2 Future

  • Based on estimates for the next years, GFL will show a very strong growth in Earnings Per Share. The EPS will grow by 22.72% on average per year.
  • Based on estimates for the next years, GFL will show a quite strong growth in Revenue. The Revenue will grow by 8.05% on average per year.
EPS Next Y24.03%
EPS Next 2Y29.91%
EPS Next 3Y28.05%
EPS Next 5Y22.72%
Revenue Next Year7.54%
Revenue Next 2Y7.37%
Revenue Next 3Y7.61%
Revenue Next 5Y8.05%

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 stable: in the next years the growth will be about the same than in the last years.
GFL.CA Yearly Revenue VS EstimatesGFL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B 8B 10B
GFL.CA Yearly EPS VS EstimatesGFL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5 2

More info and screens

Find the best growth stocksShow best growing peers

2

4. GFL.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 56.30, which means the current valuation is very expensive for GFL.
  • GFL's Price/Earnings is on the same level as the industry average.
  • GFL is valuated expensively when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 40.82, which means the current valuation is very expensive for GFL.
  • GFL's Price/Forward Earnings ratio is in line with the industry average.
  • When comparing the Price/Forward Earnings ratio of GFL to the average of the S&P500 Index (21.41), we can say GFL is valued expensively.
Industry RankSector Rank
PE 56.3
Fwd PE 40.82
GFL.CA Price Earnings VS Forward Price EarningsGFL.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GFL is on the same level as its industry peers.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of GFL is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 108.25
EV/EBITDA 15.59
GFL.CA Per share dataGFL.CA 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 GFL does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of GFL may justify a higher PE ratio.
  • GFL's earnings are expected to grow with 28.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.34
PEG (5Y)1.61
EPS Next 2Y29.91%
EPS Next 3Y28.05%

More info and screens

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

5

5. GFL.CA Dividend Analysis

5.1 Amount

  • GFL has a yearly dividend return of 0.15%, which is pretty low.
  • GFL's Dividend Yield is comparable with the industry average which is at 1.10.
  • Compared to an average S&P500 Dividend Yield of 1.80, GFL's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.15%

5.2 History

  • The dividend of GFL is nicely growing with an annual growth rate of 15.61%!
  • GFL has been paying a dividend for over 5 years, so it has already some track record.
  • As GFL did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)15.61%
Div Incr Years5
Div Non Decr Years5
GFL.CA Yearly Dividends per shareGFL.CA Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 2026 0.02 0.04 0.06

5.3 Sustainability

  • 0.82% of the earnings are spent on dividend by GFL. This is a low number and sustainable payout ratio.
  • The dividend of GFL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP0.82%
EPS Next 2Y29.91%
EPS Next 3Y28.05%
GFL.CA Yearly Income VS Free CF VS DividendGFL.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B 3B
GFL.CA Dividend Payout.GFL.CA Dividend Payout, showing the Payout Ratio.GFL.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

GFL.CA Fundamentals: All Metrics, Ratios and Statistics

GFL ENVIRONMENTAL INC-SUB VT

TSX:GFL (5/1/2026, 7:00:00 PM)

52.36

-2.14 (-3.93%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Industry Strength35.94
Industry Growth52.24
Earnings (Last)04-29
Earnings (Next)07-28
Inst Owners101.48%
Inst Owner ChangeN/A
Ins Owners3.01%
Ins Owner ChangeN/A
Market Cap18.90B
Revenue(TTM)6.62B
Net Income(TTM)3.78B
Analysts76.84
Price Target69.42 (32.58%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.15%
Yearly Dividend0.08
Dividend Growth(5Y)15.61%
DP0.82%
Div Incr Years5
Div Non Decr Years5
Ex-Date04-13
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)36.92%
Min EPS beat(2)-10.76%
Max EPS beat(2)84.61%
EPS beat(4)2
Avg EPS beat(4)-151.66%
Min EPS beat(4)-694.06%
Max EPS beat(4)84.61%
EPS beat(8)3
Avg EPS beat(8)-77.75%
EPS beat(12)6
Avg EPS beat(12)-25.39%
EPS beat(16)9
Avg EPS beat(16)16.87%
Revenue beat(2)1
Avg Revenue beat(2)-0.27%
Min Revenue beat(2)-0.81%
Max Revenue beat(2)0.26%
Revenue beat(4)1
Avg Revenue beat(4)-0.73%
Min Revenue beat(4)-1.57%
Max Revenue beat(4)0.26%
Revenue beat(8)1
Avg Revenue beat(8)-0.95%
Revenue beat(12)3
Avg Revenue beat(12)-0.24%
Revenue beat(16)7
Avg Revenue beat(16)1.08%
PT rev (1m)-5.16%
PT rev (3m)-6.32%
EPS NQ rev (1m)10.08%
EPS NQ rev (3m)-8.97%
EPS NY rev (1m)-3.99%
EPS NY rev (3m)-10.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.66%
Revenue NY rev (1m)0.69%
Revenue NY rev (3m)0.28%
Valuation
Industry RankSector Rank
PE 56.3
Fwd PE 40.82
P/S 2.86
P/FCF 108.25
P/OCF 14.36
P/B 2.59
P/tB N/A
EV/EBITDA 15.59
EPS(TTM)0.93
EY1.78%
EPS(NY)1.28
Fwd EY2.45%
FCF(TTM)0.48
FCFY0.92%
OCF(TTM)3.65
OCFY6.96%
SpS18.33
BVpS20.23
TBVpS-3.74
PEG (NY)2.34
PEG (5Y)1.61
Graham Number20.5751 (-60.7%)
Profitability
Industry RankSector Rank
ROA 19.61%
ROE 51.81%
ROCE 2.31%
ROIC 1.66%
ROICexc 1.67%
ROICexgc 3.36%
OM 6.04%
PM (TTM) 57.19%
GM 20.67%
FCFM 2.64%
ROA(3y)5.2%
ROA(5y)2.14%
ROE(3y)13.22%
ROE(5y)4.8%
ROIC(3y)1.3%
ROIC(5y)N/A
ROICexc(3y)1.31%
ROICexc(5y)N/A
ROICexgc(3y)3.04%
ROICexgc(5y)N/A
ROCE(3y)1.8%
ROCE(5y)N/A
ROICexgc growth 3Y57%
ROICexgc growth 5YN/A
ROICexc growth 3Y80.45%
ROICexc growth 5YN/A
OM growth 3Y82.53%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y20.55%
GM growth 5Y35.47%
F-Score7
Asset Turnover0.34
Health
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF 45.44
Debt/EBITDA 4.59
Cap/Depr 86.73%
Cap/Sales 17.25%
Interest Coverage 0.88
Cash Conversion 76.69%
Profit Quality 4.61%
Current Ratio 0.58
Quick Ratio 0.58
Altman-Z 1.32
F-Score7
WACC7.52%
ROIC/WACC0.22
Cap/Depr(3y)78.07%
Cap/Depr(5y)66.8%
Cap/Sales(3y)16.91%
Cap/Sales(5y)14.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.28%
EPS 3Y16.55%
EPS 5Y34.92%
EPS Q2Q%191.21%
EPS Next Y24.03%
EPS Next 2Y29.91%
EPS Next 3Y28.05%
EPS Next 5Y22.72%
Revenue 1Y (TTM)7.77%
Revenue growth 3Y-0.72%
Revenue growth 5Y9.53%
Sales Q2Q%5.09%
Revenue Next Year7.54%
Revenue Next 2Y7.37%
Revenue Next 3Y7.61%
Revenue Next 5Y8.05%
EBIT growth 1Y-12.4%
EBIT growth 3Y81.22%
EBIT growth 5YN/A
EBIT Next Year190.57%
EBIT Next 3Y52.27%
EBIT Next 5Y34.01%
FCF growth 1Y-49.71%
FCF growth 3Y-17.96%
FCF growth 5Y18.76%
OCF growth 1Y-14.56%
OCF growth 3Y6.28%
OCF growth 5Y21.25%

GFL ENVIRONMENTAL INC-SUB VT / GFL.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for GFL ENVIRONMENTAL INC-SUB VT?

ChartMill assigns a fundamental rating of 4 / 10 to GFL.CA.


Can you provide the valuation status for GFL ENVIRONMENTAL INC-SUB VT?

ChartMill assigns a valuation rating of 2 / 10 to GFL ENVIRONMENTAL INC-SUB VT (GFL.CA). This can be considered as Overvalued.


Can you provide the profitability details for GFL ENVIRONMENTAL INC-SUB VT?

GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) has a profitability rating of 6 / 10.


What is the valuation of GFL ENVIRONMENTAL INC-SUB VT based on its PE and PB ratios?

The Price/Earnings (PE) ratio for GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) is 56.3 and the Price/Book (PB) ratio is 2.59.


Can you provide the dividend sustainability for GFL stock?

The dividend rating of GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) is 5 / 10 and the dividend payout ratio is 0.82%.