GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) Fundamental Analysis & Valuation
TSX:GFL • CA36168Q1046
60.57 CAD
-0.71 (-1.16%)
Last: Mar 6, 2026, 07:00 PM
This GFL.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
GFL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 24 industry peers in the Commercial Services & Supplies industry. GFL has a medium profitability rating, but doesn't score so well on its financial health evaluation. GFL is valied quite expensively at the moment, while it does show a decent growth rate.
1. GFL.CA Profitability Analysis
1.1 Basic Checks
- GFL had positive earnings in the past year.
- In the past year GFL had a positive cash flow from operations.
- GFL had negative earnings in 4 of the past 5 years.
- In the past 5 years GFL always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 18.38%, GFL belongs to the best of the industry, outperforming 95.83% of the companies in the same industry.
- GFL has a Return On Equity of 46.75%. This is amongst the best in the industry. GFL outperforms 100.00% of its industry peers.
- GFL has a Return On Invested Capital (1.79%) which is comparable to the rest of the industry.
- GFL had an Average Return On Invested Capital over the past 3 years of 1.09%. This is below the industry average of 5.85%.
- The last Return On Invested Capital (1.79%) for GFL is above the 3 year average (1.09%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.38% | ||
| ROE | 46.75% | ||
| ROIC | 1.79% |
ROA(3y)-1.87%
ROA(5y)-3.18%
ROE(3y)-5.77%
ROE(5y)-9.45%
ROIC(3y)1.09%
ROIC(5y)N/A
1.3 Margins
- GFL's Profit Margin of 51.46% is amongst the best of the industry. GFL outperforms 100.00% of its industry peers.
- With a decent Operating Margin value of 6.26%, GFL is doing good in the industry, outperforming 62.50% of the companies in the same industry.
- GFL has a Gross Margin of 20.38%. This is in the lower half of the industry: GFL underperforms 62.50% of its industry peers.
- GFL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.26% | ||
| PM (TTM) | 51.46% | ||
| GM | 20.38% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y25.55%
GM growth 5Y15.32%
2. GFL.CA Health Analysis
2.1 Basic Checks
- GFL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, GFL has less shares outstanding
- The number of shares outstanding for GFL has been increased compared to 5 years ago.
- Compared to 1 year ago, GFL has an improved debt to assets ratio.
2.2 Solvency
- GFL has an Altman-Z score of 1.53. This is a bad value and indicates that GFL is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.53, GFL is in line with its industry, outperforming 50.00% of the companies in the same industry.
- GFL has a debt to FCF ratio of 34.89. This is a negative value and a sign of low solvency as GFL would need 34.89 years to pay back of all of its debts.
- GFL has a Debt to FCF ratio of 34.89. This is in the lower half of the industry: GFL underperforms 62.50% of its industry peers.
- GFL has a Debt/Equity ratio of 1.00. This is a high value indicating a heavy dependency on external financing.
- GFL has a Debt to Equity ratio (1.00) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 34.89 | ||
| Altman-Z | 1.53 |
ROIC/WACC0.24
WACC7.39%
2.3 Liquidity
- A Current Ratio of 0.69 indicates that GFL may have some problems paying its short term obligations.
- GFL has a worse Current ratio (0.69) than 62.50% of its industry peers.
- A Quick Ratio of 0.69 indicates that GFL may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.69, GFL is in line with its industry, outperforming 45.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 |
3. GFL.CA Growth Analysis
3.1 Past
- GFL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.54%.
- GFL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 34.92% yearly.
EPS 1Y (TTM)-8.54%
EPS 3Y16.55%
EPS 5Y34.92%
EPS Q2Q%63.64%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-15.08%
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 24.07% on average per year.
- GFL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.21% yearly.
EPS Next Y37.99%
EPS Next 2Y37.49%
EPS Next 3Y33.43%
EPS Next 5Y24.07%
Revenue Next Year6.54%
Revenue Next 2Y7.22%
Revenue Next 3Y7.33%
Revenue Next 5Y8.21%
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.
4. GFL.CA Valuation Analysis
4.1 Price/Earnings Ratio
- GFL is valuated quite expensively with a Price/Earnings ratio of 79.70.
- GFL's Price/Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.29, GFL is valued quite expensively.
- GFL is valuated quite expensively with a Price/Forward Earnings ratio of 57.75.
- The rest of the industry has a similar Price/Forward Earnings ratio as GFL.
- GFL's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 79.7 | ||
| Fwd PE | 57.75 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as GFL.
- GFL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 96.05 | ||
| EV/EBITDA | 16.32 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- GFL has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as GFL's earnings are expected to grow with 33.43% in the coming years.
PEG (NY)2.1
PEG (5Y)2.28
EPS Next 2Y37.49%
EPS Next 3Y33.43%
5. GFL.CA Dividend Analysis
5.1 Amount
- GFL has a yearly dividend return of 0.13%, which is pretty low.
- GFL's Dividend Yield is comparable with the industry average which is at 1.06.
- With a Dividend Yield of 0.13, GFL pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
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.
- GFL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)15.61%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- GFL pays out 0.87% of its income as dividend. This is a sustainable payout ratio.
- GFL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP0.87%
EPS Next 2Y37.49%
EPS Next 3Y33.43%
GFL.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:GFL (3/6/2026, 7:00:00 PM)
60.57
-0.71 (-1.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)02-11 2026-02-11/amc
Earnings (Next)04-28 2026-04-28
Inst Owners101.56%
Inst Owner ChangeN/A
Ins Owners3.01%
Ins Owner ChangeN/A
Market Cap21.71B
Revenue(TTM)N/A
Net Income(TTM)3.56B
Analysts75.56
Price Target73.55 (21.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
Yearly Dividend0.08
Dividend Growth(5Y)15.61%
DP0.87%
Div Incr Years4
Div Non Decr Years4
Ex-Date01-13 2026-01-13 (0.0154)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.4%
Min EPS beat(2)-10.76%
Max EPS beat(2)13.57%
EPS beat(4)2
Avg EPS beat(4)-170.42%
Min EPS beat(4)-694.06%
Max EPS beat(4)13.57%
EPS beat(8)2
Avg EPS beat(8)-98.08%
EPS beat(12)5
Avg EPS beat(12)-42.66%
EPS beat(16)9
Avg EPS beat(16)11.75%
Revenue beat(2)0
Avg Revenue beat(2)-0.81%
Min Revenue beat(2)-0.82%
Max Revenue beat(2)-0.81%
Revenue beat(4)0
Avg Revenue beat(4)-0.93%
Min Revenue beat(4)-1.57%
Max Revenue beat(4)-0.51%
Revenue beat(8)1
Avg Revenue beat(8)-0.9%
Revenue beat(12)3
Avg Revenue beat(12)-0.02%
Revenue beat(16)7
Avg Revenue beat(16)1.24%
PT rev (1m)-0.75%
PT rev (3m)-3.63%
EPS NQ rev (1m)-0.98%
EPS NQ rev (3m)-1.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.8%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)0.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 79.7 | ||
| Fwd PE | 57.75 | ||
| P/S | 3.13 | ||
| P/FCF | 96.05 | ||
| P/OCF | 15.1 | ||
| P/B | 2.85 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.32 |
EPS(TTM)0.76
EY1.25%
EPS(NY)1.05
Fwd EY1.73%
FCF(TTM)0.63
FCFY1.04%
OCF(TTM)4.01
OCFY6.62%
SpS19.32
BVpS21.26
TBVpS-2.51
PEG (NY)2.1
PEG (5Y)2.28
Graham Number19.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.38% | ||
| ROE | 46.75% | ||
| ROCE | 2.49% | ||
| ROIC | 1.79% | ||
| ROICexc | 1.81% | ||
| ROICexgc | 3.59% | ||
| OM | 6.26% | ||
| PM (TTM) | 51.46% | ||
| GM | 20.38% | ||
| FCFM | 3.26% |
ROA(3y)-1.87%
ROA(5y)-3.18%
ROE(3y)-5.77%
ROE(5y)-9.45%
ROIC(3y)1.09%
ROIC(5y)N/A
ROICexc(3y)1.1%
ROICexc(5y)N/A
ROICexgc(3y)2.86%
ROICexgc(5y)N/A
ROCE(3y)1.52%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y25.55%
GM growth 5Y15.32%
F-Score6
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 34.89 | ||
| Debt/EBITDA | 4.21 | ||
| Cap/Depr | 87.58% | ||
| Cap/Sales | 17.5% | ||
| Interest Coverage | 0.9 | ||
| Cash Conversion | 79.13% | ||
| Profit Quality | 6.34% | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.53 |
F-Score6
WACC7.39%
ROIC/WACC0.24
Cap/Depr(3y)66.3%
Cap/Depr(5y)56.37%
Cap/Sales(3y)13.58%
Cap/Sales(5y)12.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.54%
EPS 3Y16.55%
EPS 5Y34.92%
EPS Q2Q%63.64%
EPS Next Y37.99%
EPS Next 2Y37.49%
EPS Next 3Y33.43%
EPS Next 5Y24.07%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-15.08%
Revenue Next Year6.54%
Revenue Next 2Y7.22%
Revenue Next 3Y7.33%
Revenue Next 5Y8.21%
EBIT growth 1Y20.59%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year258.98%
EBIT Next 3Y62.37%
EBIT Next 5Y39.87%
FCF growth 1Y386.06%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y46.23%
OCF growth 3Y19.71%
OCF growth 5Y43.74%
GFL ENVIRONMENTAL INC-SUB VT / GFL.CA FAQ
Can you provide the ChartMill fundamental rating for GFL ENVIRONMENTAL INC-SUB VT?
ChartMill assigns a fundamental rating of 3 / 10 to GFL.CA.
What is the valuation status for GFL stock?
ChartMill assigns a valuation rating of 2 / 10 to GFL ENVIRONMENTAL INC-SUB VT (GFL.CA). This can be considered as Overvalued.
How profitable is GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) stock?
GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) has a profitability rating of 5 / 10.
How financially healthy is GFL ENVIRONMENTAL INC-SUB VT?
The financial health rating of GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) is 1 / 10.
What is the expected EPS growth for GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) stock?
The Earnings per Share (EPS) of GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) is expected to grow by 37.99% in the next year.