SECURE WASTE INFRASTRUCTURE (SES.CA) Stock Fundamental Analysis
TSX:SES - Toronto Stock Exchange - CA8139211038 - Common Stock - Currency: CAD
Overall SES gets a fundamental rating of 7 out of 10. We evaluated SES against 218 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making SES a very profitable company, without any liquidiy or solvency issues. SES is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes SES very considerable for growth and quality investing!
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.
In multiple years SES reported negative net income over the last 5 years.
In the past 5 years SES always reported a positive cash flow from operatings.
1.2 Ratios
SES has a Return On Assets of 44.02%. This is amongst the best in the industry. SES outperforms 100.00% of its industry peers.
SES's Return On Equity of 96.35% is amongst the best of the industry. SES outperforms 100.00% of its industry peers.
With an excellent Return On Invested Capital value of 16.93%, SES belongs to the best of the industry, outperforming 96.79% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SES is significantly above the industry average of 7.29%.
The 3 year average ROIC (12.50%) for SES is below the current ROIC(16.93%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 44.02% | ||
| ROE | 96.35% | ||
| ROIC | 16.93% |
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 better Profit Margin (7.43%) than 62.39% of its industry peers.
SES's Profit Margin has improved in the last couple of years.
SES's Operating Margin of 2.54% is in line compared to the rest of the industry. SES outperforms 48.62% of its industry peers.
SES's Operating Margin has improved in the last couple of years.
SES has a Gross Margin (3.98%) which is in line with its industry peers.
SES's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.54% | ||
| PM (TTM) | 7.43% | ||
| GM | 3.98% |
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 well above the Cost of Capital (WACC), which means it is creating 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 7.94 indicates that SES is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.94, SES belongs to the top of the industry, outperforming 91.74% of the companies in the same industry.
SES has a debt to FCF ratio of 1.25. This is a very positive value and a sign of high solvency as it would only need 1.25 years to pay back of all of its debts.
SES has a better Debt to FCF ratio (1.25) than 91.74% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that SES is not too dependend on debt financing.
SES has a Debt to Equity ratio of 0.41. This is comparable to the rest of the industry: SES outperforms 49.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 1.25 | ||
| Altman-Z | 7.94 |
ROIC/WACC1.88
WACC9.03%
2.3 Liquidity
SES has a Current Ratio of 1.01. This is a normal value and indicates that SES is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.01, SES is doing good in the industry, outperforming 60.55% of the companies in the same industry.
A Quick Ratio of 0.80 indicates that SES may have some problems paying its short term obligations.
SES has a Quick ratio (0.80) which is comparable to the rest of the industry.
SES does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 226.15% over the past year.
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 strong growth in Revenue. In the last year, the Revenue has grown by 64.01%.
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%-30%
Revenue 1Y (TTM)64.01%
Revenue growth 3Y41.51%
Revenue growth 5Y28.44%
Sales Q2Q%-26.39%
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 -13.61% yearly.
Based on estimates for the next years, SES will show a quite strong growth in Revenue. The Revenue will grow by 11.30% on average per year.
EPS Next Y-53.03%
EPS Next 2Y-27.94%
EPS Next 3Y-13.61%
EPS Next 5YN/A
Revenue Next Year7.74%
Revenue Next 2Y6.17%
Revenue Next 3Y6.44%
Revenue Next 5Y11.3%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.20, the valuation of SES can be described as very cheap.
87.61% of the companies in the same industry are more expensive than SES, based on the Price/Earnings ratio.
SES is valuated cheaply when we compare the Price/Earnings ratio to 28.78, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.19, SES is valued correctly.
SES's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.32, SES is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 13.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SES is valued a bit cheaper than the industry average as 74.31% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SES is valued a bit cheaper than 76.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.36 | ||
| EV/EBITDA | 6.7 |
4.3 Compensation for Growth
The excellent 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 -13.61% in the coming years.
PEG (NY)N/A
PEG (5Y)0.05
EPS Next 2Y-27.94%
EPS Next 3Y-13.61%
5. Dividend
5.1 Amount
SES has a Yearly Dividend Yield of 2.98%.
Compared to an average industry Dividend Yield of 7.45, SES pays a bit more dividend than its industry peers.
SES's Dividend Yield is a higher than the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
5.2 History
The dividend of SES is nicely growing with an annual growth rate of 7.92%!
SES has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SES decreased in the last 3 years.
Dividend Growth(5Y)7.92%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
10.36% of the earnings are spent on dividend by SES. This is a low number and sustainable payout ratio.
DP10.36%
EPS Next 2Y-27.94%
EPS Next 3Y-13.61%
TSX:SES (4/25/2025, 7:00:00 PM)
13.14
-0.27 (-2.01%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners39%
Inst Owner ChangeN/A
Ins Owners1.71%
Ins Owner ChangeN/A
Market Cap3.03B
Analysts76.92
Price Target18.19 (38.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
Yearly Dividend0.4
Dividend Growth(5Y)7.92%
DP10.36%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)18.91%
Min EPS beat(2)-37.7%
Max EPS beat(2)75.52%
EPS beat(4)2
Avg EPS beat(4)246.08%
Min EPS beat(4)-37.7%
Max EPS beat(4)958.51%
EPS beat(8)4
Avg EPS beat(8)122.25%
EPS beat(12)7
Avg EPS beat(12)99.44%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.94%
Min Revenue beat(2)-11%
Max Revenue beat(2)7.13%
Revenue beat(4)3
Avg Revenue beat(4)4.7%
Min Revenue beat(4)-11%
Max Revenue beat(4)17.9%
Revenue beat(8)7
Avg Revenue beat(8)47.52%
Revenue beat(12)11
Avg Revenue beat(12)180.69%
Revenue beat(16)15
Avg Revenue beat(16)223.48%
PT rev (1m)-3.75%
PT rev (3m)-1.47%
EPS NQ rev (1m)-9.09%
EPS NQ rev (3m)-9.64%
EPS NY rev (1m)-1%
EPS NY rev (3m)0.44%
Revenue NQ rev (1m)-4.05%
Revenue NQ rev (3m)-0.99%
Revenue NY rev (1m)-0.64%
Revenue NY rev (3m)-0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 13.19 | ||
| P/S | 0.22 | ||
| P/FCF | 8.36 | ||
| P/OCF | 6.1 | ||
| P/B | 2.91 | ||
| P/tB | 4.04 | ||
| EV/EBITDA | 6.7 |
EPS(TTM)2.12
EY16.13%
EPS(NY)1
Fwd EY7.58%
FCF(TTM)1.57
FCFY11.96%
OCF(TTM)2.15
OCFY16.38%
SpS58.56
BVpS4.51
TBVpS3.25
PEG (NY)N/A
PEG (5Y)0.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 44.02% | ||
| ROE | 96.35% | ||
| ROCE | 21.5% | ||
| ROIC | 16.93% | ||
| ROICexc | 17.21% | ||
| ROICexgc | 21.11% | ||
| OM | 2.54% | ||
| PM (TTM) | 7.43% | ||
| GM | 3.98% | ||
| FCFM | 2.68% |
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
ROICexcg growth 3Y64.69%
ROICexcg 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-Score6
Asset Turnover5.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 1.25 | ||
| Debt/EBITDA | 0.83 | ||
| Cap/Depr | 77.46% | ||
| Cap/Sales | 0.99% | ||
| Interest Coverage | 8.39 | ||
| Cash Conversion | 96.13% | ||
| Profit Quality | 36.16% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 7.94 |
F-Score6
WACC9.03%
ROIC/WACC1.88
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%-30%
EPS Next Y-53.03%
EPS Next 2Y-27.94%
EPS Next 3Y-13.61%
EPS Next 5YN/A
Revenue 1Y (TTM)64.01%
Revenue growth 3Y41.51%
Revenue growth 5Y28.44%
Sales Q2Q%-26.39%
Revenue Next Year7.74%
Revenue Next 2Y6.17%
Revenue Next 3Y6.44%
Revenue Next 5Y11.3%
EBIT growth 1Y-6.27%
EBIT growth 3Y40.53%
EBIT growth 5Y62.24%
EBIT Next Year134.39%
EBIT Next 3Y38.49%
EBIT Next 5Y29.12%
FCF growth 1Y59.91%
FCF growth 3Y127.08%
FCF growth 5Y36.82%
OCF growth 1Y15.58%
OCF growth 3Y88.67%
OCF growth 5Y20.38%