SECURE WASTE INFRASTRUCTURE (SES.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:SES - CA8139211038 - Common Stock
17.46 CAD
+0.19 (+1.1%)
SES gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. SES scores excellent on profitability, but there are some minor concerns on its financial health. SES has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
SES had positive earnings in the past year.
In the past year SES had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: SES reported negative net income in multiple years.
SES had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.09%, SES is in the better half of the industry, outperforming 78.97% of the companies in the same industry.
With an excellent Return On Equity value of 13.40%, SES belongs to the best of the industry, outperforming 90.19% of the companies in the same industry.
SES has a better Return On Invested Capital (10.66%) than 95.79% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SES is significantly above the industry average of 6.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.09% | ||
| ROE | 13.4% | ||
| ROIC | 10.66% |
ROA(3y)12.95%
ROA(5y)5.15%
ROE(3y)28.94%
ROE(5y)11.22%
ROIC(3y)12.5%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 1.02%, SES perfoms like the industry average, outperforming 55.61% of the companies in the same industry.
SES's Profit Margin has improved in the last couple of years.
The Operating Margin of SES (2.63%) is comparable to the rest of the industry.
SES's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 3.99%, SES perfoms like the industry average, outperforming 44.39% of the companies in the same industry.
In the last couple of years the Gross Margin of SES has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.63% | ||
| PM (TTM) | 1.02% | ||
| GM | 3.99% |
OM growth 3Y-0.69%
OM growth 5Y26.32%
PM growth 3YN/A
PM growth 5Y153.2%
GM growth 3Y-10.11%
GM growth 5Y-0.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SES is still creating some value.
Compared to 1 year ago, SES has less shares outstanding
The number of shares outstanding for SES has been increased compared to 5 years ago.
Compared to 1 year ago, SES has an improved debt to assets ratio.
2.2 Solvency
SES has an Altman-Z score of 5.75. This indicates that SES is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of SES (5.75) is better than 86.92% of its industry peers.
The Debt to FCF ratio of SES is 9.95, which is on the high side as it means it would take SES, 9.95 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.95, SES is in the better half of the industry, outperforming 74.77% of the companies in the same industry.
SES has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
SES's Debt to Equity ratio of 1.27 is in line compared to the rest of the industry. SES outperforms 41.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.95 | ||
| Altman-Z | 5.75 |
ROIC/WACC1.46
WACC7.29%
2.3 Liquidity
A Current Ratio of 1.21 indicates that SES should not have too much problems paying its short term obligations.
SES has a better Current ratio (1.21) than 69.16% of its industry peers.
SES has a Quick Ratio of 1.21. This is a bad value and indicates that SES is not financially healthy enough and could expect problems in meeting its short term obligations.
SES has a better Quick ratio (0.92) than 64.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
SES shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -79.82%.
The Earnings Per Share has been growing by 121.24% on average over the past years. This is a very strong growth
SES shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -23.28%.
Measured over the past years, SES shows a very strong growth in Revenue. The Revenue has been growing by 28.44% on average per year.
EPS 1Y (TTM)-79.82%
EPS 3YN/A
EPS 5Y121.24%
EPS Q2Q%-100%
Revenue 1Y (TTM)-23.28%
Revenue growth 3Y41.51%
Revenue growth 5Y28.44%
Sales Q2Q%-2.41%
3.2 Future
SES is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -19.41% yearly.
SES is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -8.27% yearly.
EPS Next Y-71.21%
EPS Next 2Y-31.76%
EPS Next 3Y-19.41%
EPS Next 5YN/A
Revenue Next Year-60.16%
Revenue Next 2Y-34.05%
Revenue Next 3Y-23.11%
Revenue Next 5Y-8.27%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
SES is valuated quite expensively with a Price/Earnings ratio of 39.68.
SES's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of SES to the average of the S&P500 Index (26.60), we can say SES is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 17.69, the valuation of SES can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SES is on the same level as its industry peers.
SES's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.68 | ||
| Fwd PE | 17.69 |
4.2 Price Multiples
SES's Enterprise Value to EBITDA ratio is in line with the industry average.
SES's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.37 | ||
| EV/EBITDA | 10.67 |
4.3 Compensation for Growth
SES has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as SES's earnings are expected to decrease with -19.41% in the coming years.
PEG (NY)N/A
PEG (5Y)0.33
EPS Next 2Y-31.76%
EPS Next 3Y-19.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.32%, SES has a reasonable but not impressive dividend return.
SES's Dividend Yield is a higher than the industry average which is at 2.73.
Compared to an average S&P500 Dividend Yield of 1.94, SES has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
5.2 History
On average, the dividend of SES grows each year by 7.92%, which is quite nice.
SES has paid a dividend for at least 10 years, which is a reliable track record.
SES has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.92%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
SES pays out 91.35% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of SES has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP91.35%
EPS Next 2Y-31.76%
EPS Next 3Y-19.41%
TSX:SES (1/2/2026, 7:00:00 PM)
17.46
+0.19 (+1.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners43.49%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap3.81B
Revenue(TTM)10.20B
Net Income(TTM)104.00M
Analysts74.29
Price Target21 (20.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
Yearly Dividend0.4
Dividend Growth(5Y)7.92%
DP91.35%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-56.68%
Min EPS beat(2)-100%
Max EPS beat(2)-13.37%
EPS beat(4)0
Avg EPS beat(4)-45.91%
Min EPS beat(4)-100%
Max EPS beat(4)-13.37%
EPS beat(8)3
Avg EPS beat(8)105.5%
EPS beat(12)4
Avg EPS beat(12)65.86%
EPS beat(16)7
Avg EPS beat(16)-609.11%
Revenue beat(2)1
Avg Revenue beat(2)-6.93%
Min Revenue beat(2)-13.93%
Max Revenue beat(2)0.07%
Revenue beat(4)2
Avg Revenue beat(4)-5.42%
Min Revenue beat(4)-13.93%
Max Revenue beat(4)3.18%
Revenue beat(8)6
Avg Revenue beat(8)1.81%
Revenue beat(12)10
Avg Revenue beat(12)62.61%
Revenue beat(16)14
Avg Revenue beat(16)154.95%
PT rev (1m)0%
PT rev (3m)15.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.84%
EPS NY rev (1m)0%
EPS NY rev (3m)-26.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.68 | ||
| Fwd PE | 17.69 | ||
| P/S | 0.37 | ||
| P/FCF | 37.37 | ||
| P/OCF | 12.66 | ||
| P/B | 4.91 | ||
| P/tB | 8.57 | ||
| EV/EBITDA | 10.67 |
EPS(TTM)0.44
EY2.52%
EPS(NY)0.99
Fwd EY5.65%
FCF(TTM)0.47
FCFY2.68%
OCF(TTM)1.38
OCFY7.9%
SpS46.74
BVpS3.55
TBVpS2.04
PEG (NY)N/A
PEG (5Y)0.33
Graham Number5.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.09% | ||
| ROE | 13.4% | ||
| ROCE | 13.54% | ||
| ROIC | 10.66% | ||
| ROICexc | 10.8% | ||
| ROICexgc | 13% | ||
| OM | 2.63% | ||
| PM (TTM) | 1.02% | ||
| GM | 3.99% | ||
| FCFM | 1% |
ROA(3y)12.95%
ROA(5y)5.15%
ROE(3y)28.94%
ROE(5y)11.22%
ROIC(3y)12.5%
ROIC(5y)N/A
ROICexc(3y)12.62%
ROICexc(5y)N/A
ROICexgc(3y)15.28%
ROICexgc(5y)N/A
ROCE(3y)15.88%
ROCE(5y)N/A
ROICexgc growth 3Y64.69%
ROICexgc growth 5Y64.56%
ROICexc growth 3Y66%
ROICexc growth 5Y59.12%
OM growth 3Y-0.69%
OM growth 5Y26.32%
PM growth 3YN/A
PM growth 5Y153.2%
GM growth 3Y-10.11%
GM growth 5Y-0.77%
F-Score5
Asset Turnover4.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.95 | ||
| Debt/EBITDA | 2.19 | ||
| Cap/Depr | 109.34% | ||
| Cap/Sales | 1.95% | ||
| Interest Coverage | 5.15 | ||
| Cash Conversion | 66.89% | ||
| Profit Quality | 98.08% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 5.75 |
F-Score5
WACC7.29%
ROIC/WACC1.46
Cap/Depr(3y)77.13%
Cap/Depr(5y)61.14%
Cap/Sales(3y)1.64%
Cap/Sales(5y)1.99%
Profit Quality(3y)116.66%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-79.82%
EPS 3YN/A
EPS 5Y121.24%
EPS Q2Q%-100%
EPS Next Y-71.21%
EPS Next 2Y-31.76%
EPS Next 3Y-19.41%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.28%
Revenue growth 3Y41.51%
Revenue growth 5Y28.44%
Sales Q2Q%-2.41%
Revenue Next Year-60.16%
Revenue Next 2Y-34.05%
Revenue Next 3Y-23.11%
Revenue Next 5Y-8.27%
EBIT growth 1Y-31.98%
EBIT growth 3Y40.53%
EBIT growth 5Y62.24%
EBIT Next Year120.98%
EBIT Next 3Y35.38%
EBIT Next 5Y22.75%
FCF growth 1Y-65.31%
FCF growth 3Y127.08%
FCF growth 5Y36.82%
OCF growth 1Y-39.56%
OCF growth 3Y88.67%
OCF growth 5Y20.38%
SECURE WASTE INFRASTRUCTURE / SES.CA FAQ
What is the fundamental rating for SES stock?
ChartMill assigns a fundamental rating of 5 / 10 to SES.CA.
What is the valuation status of SECURE WASTE INFRASTRUCTURE (SES.CA) stock?
ChartMill assigns a valuation rating of 2 / 10 to SECURE WASTE INFRASTRUCTURE (SES.CA). This can be considered as Overvalued.
What is the profitability of SES stock?
SECURE WASTE INFRASTRUCTURE (SES.CA) has a profitability rating of 7 / 10.
What is the financial health of SECURE WASTE INFRASTRUCTURE (SES.CA) stock?
The financial health rating of SECURE WASTE INFRASTRUCTURE (SES.CA) is 5 / 10.
Is the dividend of SECURE WASTE INFRASTRUCTURE sustainable?
The dividend rating of SECURE WASTE INFRASTRUCTURE (SES.CA) is 4 / 10 and the dividend payout ratio is 91.35%.