SECURE WASTE INFRASTRUCTURE (SES.CA) Stock Fundamental Analysis
Canada - TSX:SES - CA8139211038 - Common Stock
17.35 CAD
+0.25 (+1.46%)
Overall SES gets a fundamental rating of 5 out of 10. We evaluated SES against 218 industry peers in the Oil, Gas & Consumable Fuels industry. While SES has a great profitability rating, there are some minor concerns on its financial health. SES has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year SES was profitable.
SES had a positive operating cash flow in the past year.
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 has a Return On Assets of 4.09%. This is in the better half of the industry: SES outperforms 75.69% of its industry peers.
SES's Return On Equity of 13.40% is amongst the best of the industry. SES outperforms 85.32% of its industry peers.
SES's Return On Invested Capital of 10.66% is amongst the best of the industry. SES outperforms 93.58% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SES is significantly above the industry average of 6.89%.
| 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
SES has a Profit Margin of 1.02%. This is comparable to the rest of the industry: SES outperforms 53.67% of its industry peers.
In the last couple of years the Profit Margin of SES has grown nicely.
With a Operating Margin value of 2.63%, SES perfoms like the industry average, outperforming 48.62% of the companies in the same industry.
In the last couple of years the Operating Margin of SES has grown nicely.
With a Gross Margin value of 3.99%, SES perfoms like the industry average, outperforming 43.12% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SES is creating some value.
SES has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SES has more shares outstanding
Compared to 1 year ago, SES has an improved debt to assets ratio.
2.2 Solvency
SES has an Altman-Z score of 5.72. This indicates that SES is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 5.72, SES belongs to the best of the industry, outperforming 85.78% of the companies in the same industry.
SES has a debt to FCF ratio of 9.95. This is a negative value and a sign of low solvency as SES would need 9.95 years to pay back of all of its debts.
SES's Debt to FCF ratio of 9.95 is fine compared to the rest of the industry. SES outperforms 72.94% of its industry peers.
SES has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of SES (1.27) is worse than 61.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.95 | ||
| Altman-Z | 5.72 |
ROIC/WACC1.44
WACC7.39%
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.
SES has a better Current ratio (1.21) than 64.68% of its industry peers.
A Quick Ratio of 0.92 indicates that SES may have some problems paying its short term obligations.
SES's Quick ratio of 0.92 is fine compared to the rest of the industry. SES outperforms 64.68% 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 growth in Earnings Per Share. In the last year, the EPS has been growing by 226.15%, which is quite impressive.
The Earnings Per Share has been growing by 121.24% on average over the past years. This is a very strong growth
Looking at the last year, SES shows a very negative growth in Revenue. The Revenue has decreased by -23.28% in the last year.
The Revenue has been growing by 28.44% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)226.15%
EPS 3YN/A
EPS 5Y121.24%
EPS Q2Q%-98.84%
Revenue 1Y (TTM)-23.28%
Revenue growth 3Y41.51%
Revenue growth 5Y28.44%
Sales Q2Q%561.23%
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 -17.47% yearly.
The Revenue is expected to decrease by -8.27% on average over the next years.
EPS Next Y-60.64%
EPS Next 2Y-31.41%
EPS Next 3Y-17.47%
EPS Next 5YN/A
Revenue Next Year-58.04%
Revenue Next 2Y-33.28%
Revenue Next 3Y-22.62%
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 reasonably with a Price/Earnings ratio of 8.18.
Compared to the rest of the industry, the Price/Earnings ratio of SES indicates a rather cheap valuation: SES is cheaper than 80.28% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SES to the average of the S&P500 Index (25.83), we can say SES is valued rather cheaply.
With a Price/Forward Earnings ratio of 17.40, SES is valued on the expensive side.
SES's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 32.68. SES is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.18 | ||
| Fwd PE | 17.4 |
4.2 Price Multiples
SES's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SES is valued a bit cheaper than 60.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.13 | ||
| EV/EBITDA | 10.5 |
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 -17.47% in the coming years.
PEG (NY)N/A
PEG (5Y)0.07
EPS Next 2Y-31.41%
EPS Next 3Y-17.47%
5. Dividend
5.1 Amount
SES has a Yearly Dividend Yield of 2.34%. Purely for dividend investing, there may be better candidates out there.
SES's Dividend Yield is a higher than the industry average which is at 5.34.
Compared to an average S&P500 Dividend Yield of 2.39, SES has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.34% |
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
91.35% of the earnings are spent on dividend by SES. 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-31.41%
EPS Next 3Y-17.47%
TSX:SES (11/7/2025, 7:00:00 PM)
17.35
+0.25 (+1.46%)
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 Cap3.79B
Revenue(TTM)10.20B
Net Income(TTM)104.00M
Analysts74.29
Price Target20.57 (18.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.34% |
Yearly Dividend0.4
Dividend Growth(5Y)7.92%
DP91.35%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)241.63%
Min Revenue beat(2)0.07%
Max Revenue beat(2)483.19%
Revenue beat(4)3
Avg Revenue beat(4)118.86%
Min Revenue beat(4)-11%
Max Revenue beat(4)483.19%
Revenue beat(8)7
Avg Revenue beat(8)63.95%
Revenue beat(12)11
Avg Revenue beat(12)104.04%
Revenue beat(16)15
Avg Revenue beat(16)186.02%
PT rev (1m)12.73%
PT rev (3m)17.25%
EPS NQ rev (1m)0.55%
EPS NQ rev (3m)2.8%
EPS NY rev (1m)0%
EPS NY rev (3m)-16.2%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)1.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.18 | ||
| Fwd PE | 17.4 | ||
| P/S | 0.37 | ||
| P/FCF | 37.13 | ||
| P/OCF | 12.58 | ||
| P/B | 4.88 | ||
| P/tB | 8.51 | ||
| EV/EBITDA | 10.5 |
EPS(TTM)2.12
EY12.22%
EPS(NY)1
Fwd EY5.75%
FCF(TTM)0.47
FCFY2.69%
OCF(TTM)1.38
OCFY7.95%
SpS46.74
BVpS3.55
TBVpS2.04
PEG (NY)N/A
PEG (5Y)0.07
Graham Number13.02
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 | 5.72 |
F-Score5
WACC7.39%
ROIC/WACC1.44
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)226.15%
EPS 3YN/A
EPS 5Y121.24%
EPS Q2Q%-98.84%
EPS Next Y-60.64%
EPS Next 2Y-31.41%
EPS Next 3Y-17.47%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.28%
Revenue growth 3Y41.51%
Revenue growth 5Y28.44%
Sales Q2Q%561.23%
Revenue Next Year-58.04%
Revenue Next 2Y-33.28%
Revenue Next 3Y-22.62%
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 5Y22.66%
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 5 / 10 to SECURE WASTE INFRASTRUCTURE (SES.CA). This can be considered as Fairly Valued.
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 8.18 and the Price/Book (PB) ratio is 4.88.
How financially healthy is SECURE WASTE INFRASTRUCTURE?
The financial health rating of SECURE WASTE INFRASTRUCTURE (SES.CA) is 5 / 10.