SECURE WASTE INFRASTRUCTURE (SES.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:SES - CA8139211038 - Common Stock
17.96 CAD
-0.02 (-0.11%)
SES gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 215 industry peers in the Oil, Gas & Consumable Fuels industry. SES has an excellent profitability rating, but there are some minor concerns on its financial health. SES is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SES was profitable.
In the past year SES had a positive cash flow from operations.
In multiple years SES reported negative net income over the last 5 years.
Each year in the past 5 years SES had a positive operating cash flow.
1.2 Ratios
SES's Return On Assets of 4.09% is fine compared to the rest of the industry. SES outperforms 77.67% of its industry peers.
SES has a better Return On Equity (13.40%) than 89.77% of its industry peers.
With an excellent Return On Invested Capital value of 10.66%, SES belongs to the best of the industry, outperforming 94.88% of the companies in the same industry.
SES had an Average Return On Invested Capital over the past 3 years of 12.50%. This is significantly above the industry average of 6.62%.
| 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
The Profit Margin of SES (1.02%) is comparable to the rest of the industry.
SES's Profit Margin has improved in the last couple of years.
SES has a Operating Margin of 2.63%. This is comparable to the rest of the industry: SES outperforms 49.30% of its industry peers.
In the last couple of years the Operating Margin of SES has grown nicely.
The Gross Margin of SES (3.99%) is comparable to the rest of the industry.
SES's Gross Margin has been stable in the last couple of years.
| 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
SES has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SES has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SES has been increased compared to 5 years ago.
The debt/assets ratio for SES has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.78 indicates that SES is not in any danger for bankruptcy at the moment.
The Altman-Z score of SES (5.78) is better than 87.91% 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 73.95% of the companies in the same industry.
A Debt/Equity ratio of 1.27 is on the high side and indicates that SES has dependencies on debt financing.
SES has a worse Debt to Equity ratio (1.27) than 61.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.95 | ||
| Altman-Z | 5.78 |
ROIC/WACC1.42
WACC7.49%
2.3 Liquidity
SES has a Current Ratio of 1.21. This is a normal value and indicates that SES is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.21, SES is in the better half of the industry, outperforming 66.98% of the companies in the same industry.
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's Quick ratio of 0.92 is fine compared to the rest of the industry. SES outperforms 66.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
The earnings per share for SES have decreased strongly by -79.82% in the last year.
Measured over the past years, SES shows a very strong growth in Earnings Per Share. The EPS has been growing by 121.24% on average per year.
SES shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -23.28%.
The Revenue has been growing by 28.44% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to decrease by -18.65% on average over the next years. This is quite bad
The Revenue is expected to decrease by -8.27% on average over the next years.
EPS Next Y-66.11%
EPS Next 2Y-30.98%
EPS Next 3Y-18.65%
EPS Next 5YN/A
Revenue Next Year-59%
Revenue Next 2Y-34.27%
Revenue Next 3Y-23.49%
Revenue Next 5Y-8.27%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 40.82, SES can be considered very expensive at the moment.
SES's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.15. SES is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 17.78, the valuation of SES can be described as rather expensive.
SES's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of SES to the average of the S&P500 Index (36.12), we can say SES is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.82 | ||
| Fwd PE | 17.78 |
4.2 Price Multiples
SES's Enterprise Value to EBITDA is on the same level as the industry average.
SES's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.44 | ||
| EV/EBITDA | 10.92 |
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 -18.65% in the coming years.
PEG (NY)N/A
PEG (5Y)0.34
EPS Next 2Y-30.98%
EPS Next 3Y-18.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.22%, SES has a reasonable but not impressive dividend return.
SES's Dividend Yield is a higher than the industry average which is at 5.81.
Compared to an average S&P500 Dividend Yield of 2.41, SES has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
5.2 History
On average, the dividend of SES grows each year by 7.92%, which is quite nice.
SES has been paying a dividend for at least 10 years, so it has 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.
SES's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP91.35%
EPS Next 2Y-30.98%
EPS Next 3Y-18.65%
TSX:SES (11/27/2025, 7:00:00 PM)
17.96
-0.02 (-0.11%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners51.23%
Inst Owner ChangeN/A
Ins Owners1.86%
Ins Owner ChangeN/A
Market Cap3.92B
Revenue(TTM)10.20B
Net Income(TTM)104.00M
Analysts74.29
Price Target21 (16.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
Yearly Dividend0.4
Dividend Growth(5Y)7.92%
DP91.35%
Div Incr Years3
Div Non Decr Years3
Ex-Date
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)15.06%
PT rev (3m)15.06%
EPS NQ rev (1m)-10.33%
EPS NQ rev (3m)-7.82%
EPS NY rev (1m)-13.9%
EPS NY rev (3m)-16.79%
Revenue NQ rev (1m)-8.95%
Revenue NQ rev (3m)-7.46%
Revenue NY rev (1m)-2.3%
Revenue NY rev (3m)-1.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.82 | ||
| Fwd PE | 17.78 | ||
| P/S | 0.38 | ||
| P/FCF | 38.44 | ||
| P/OCF | 13.02 | ||
| P/B | 5.05 | ||
| P/tB | 8.81 | ||
| EV/EBITDA | 10.92 |
EPS(TTM)0.44
EY2.45%
EPS(NY)1.01
Fwd EY5.62%
FCF(TTM)0.47
FCFY2.6%
OCF(TTM)1.38
OCFY7.68%
SpS46.74
BVpS3.55
TBVpS2.04
PEG (NY)N/A
PEG (5Y)0.34
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 | 5.78 |
F-Score5
WACC7.49%
ROIC/WACC1.42
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-66.11%
EPS Next 2Y-30.98%
EPS Next 3Y-18.65%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.28%
Revenue growth 3Y41.51%
Revenue growth 5Y28.44%
Sales Q2Q%-2.41%
Revenue Next Year-59%
Revenue Next 2Y-34.27%
Revenue Next 3Y-23.49%
Revenue Next 5Y-8.27%
EBIT growth 1Y-31.98%
EBIT growth 3Y40.53%
EBIT growth 5Y62.24%
EBIT Next Year123.76%
EBIT Next 3Y34.83%
EBIT Next 5Y22.69%
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.
Can you provide the valuation status for SECURE WASTE INFRASTRUCTURE?
ChartMill assigns a valuation rating of 3 / 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 valuation of SECURE WASTE INFRASTRUCTURE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SECURE WASTE INFRASTRUCTURE (SES.CA) is 40.82 and the Price/Book (PB) ratio is 5.05.
How financially healthy is SECURE WASTE INFRASTRUCTURE?
The financial health rating of SECURE WASTE INFRASTRUCTURE (SES.CA) is 5 / 10.