SECURE WASTE INFRASTRUCTURE (SES.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:SES - CA8139211038 - Common Stock
17.62 CAD
+0.11 (+0.63%)
Overall SES gets a fundamental rating of 5 out of 10. We evaluated SES against 211 industry peers in the Oil, Gas & Consumable Fuels industry. While SES belongs to the best of the industry regarding profitability, 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
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 better Return On Assets (4.09%) than 78.20% of its industry peers.
SES's Return On Equity of 13.40% is amongst the best of the industry. SES outperforms 89.57% of its industry peers.
SES has a better Return On Invested Capital (10.66%) than 95.73% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SES is significantly above the industry average of 6.57%.
| 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 (1.02%) which is in line with its industry peers.
In the last couple of years the Profit Margin of SES has grown nicely.
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 44.55% 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.
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.
SES has a better debt/assets ratio than last year.
2.2 Solvency
SES has an Altman-Z score of 5.76. This indicates that SES is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 5.76, SES belongs to the best of the industry, outperforming 85.78% of the companies in the same industry.
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.
The Debt to FCF ratio of SES (9.95) is better than 75.36% 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.
SES has a worse Debt to Equity ratio (1.27) than 62.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.95 | ||
| Altman-Z | 5.76 |
ROIC/WACC1.43
WACC7.44%
2.3 Liquidity
A Current Ratio of 1.21 indicates that SES should not have too much problems paying 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 67.77% of the companies in the same industry.
A Quick Ratio of 0.92 indicates that SES may have some problems paying its short term obligations.
SES has a Quick ratio of 0.92. This is in the better half of the industry: SES outperforms 63.03% 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%.
SES shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.44% yearly.
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.
Based on estimates for the next years, SES will show a decrease in Revenue. The Revenue will decrease by -8.27% on average per year.
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
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
SES is valuated quite expensively with a Price/Earnings ratio of 40.05.
SES's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.50, SES is valued quite expensively.
Based on the Price/Forward Earnings ratio of 17.85, the valuation of SES can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as SES.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.93, SES is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.05 | ||
| Fwd PE | 17.85 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SES.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SES indicates a somewhat cheap valuation: SES is cheaper than 61.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.71 | ||
| EV/EBITDA | 10.75 |
4.3 Compensation for Growth
The decent profitability rating of SES 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
SES has a Yearly Dividend Yield of 2.32%.
Compared to an average industry Dividend Yield of 2.90, SES pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, SES pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
5.2 History
The dividend of SES is nicely growing with an annual growth rate of 7.92%!
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-31.76%
EPS Next 3Y-19.41%
TSX:SES (12/23/2025, 7:00:00 PM)
17.62
+0.11 (+0.63%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners42.14%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap3.85B
Revenue(TTM)10.20B
Net Income(TTM)104.00M
Analysts74.29
Price TargetN/A
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-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)2.07%
PT rev (3m)15.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.84%
EPS NY rev (1m)-15.06%
EPS NY rev (3m)-29.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.95%
Revenue NY rev (1m)-2.81%
Revenue NY rev (3m)-4.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.05 | ||
| Fwd PE | 17.85 | ||
| P/S | 0.38 | ||
| P/FCF | 37.71 | ||
| P/OCF | 12.78 | ||
| P/B | 4.96 | ||
| P/tB | 8.64 | ||
| EV/EBITDA | 10.75 |
EPS(TTM)0.44
EY2.5%
EPS(NY)0.99
Fwd EY5.6%
FCF(TTM)0.47
FCFY2.65%
OCF(TTM)1.38
OCFY7.83%
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 | 5.76 |
F-Score5
WACC7.44%
ROIC/WACC1.43
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 Year121.77%
EBIT Next 3Y35.22%
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.
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 40.05 and the Price/Book (PB) ratio is 4.96.
How financially healthy is SECURE WASTE INFRASTRUCTURE?
The financial health rating of SECURE WASTE INFRASTRUCTURE (SES.CA) is 5 / 10.