Cleanaway Waste Management Ltd
ASX:CWY

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Cleanaway Waste Management Ltd
ASX:CWY
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Price: 2.34 AUD -1.68% Market Closed
Market Cap: AU$5.2B

EV/EBIT

20.2
Current
15%
Cheaper
vs 3-y average of 23.6

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
20.2
=
Enterprise Value
AU$7.3B
/
EBIT
AU$366.5m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
20.2
=
Enterprise Value
AU$7.3B
/
EBIT
AU$366.5m

Valuation Scenarios

Cleanaway Waste Management Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (23.6), the stock would be worth AU$2.74 (17% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-17%
Maximum Upside
+33%
Average Upside
4%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 20.2 AU$2.34
0%
3-Year Average 23.6 AU$2.74
+17%
5-Year Average 26.9 AU$3.12
+33%
Industry Average 16.8 AU$1.95
-17%
Country Average 16.8 AU$1.95
-17%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
AU$7.3B
/
Jan 2026
AU$366.5m
=
20.2
Current
AU$7.3B
/
Jun 2026
AU$494.6m
=
14.8
Forward
AU$7.3B
/
Jun 2027
AU$552.8m
=
13.2
Forward
AU$7.3B
/
Jun 2028
AU$597.9m
=
12.2
Forward
AU$7.3B
/
Jun 2029
AU$605.4m
=
12.1
Forward
AU$7.3B
/
Jun 2030
AU$665.7m
=
11
Forward
AU$7.3B
/
Jun 2031
AU$696.7m
=
10.5
Forward
AU$7.3B
/
Jun 2032
AU$737.2m
=
9.9
Forward
AU$7.3B
/
Jun 2033
AU$779.6m
=
9.4
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
AU
Cleanaway Waste Management Ltd
ASX:CWY
5.2B AUD 20.2 43.5
US
Waste Management Inc
NYSE:WM
92.5B USD 24.9 34.2
US
Republic Services Inc
NYSE:RSG
64.6B USD 23.3 30.2
CA
Waste Connections Inc
TSX:WCN
58.8B CAD 25.5 36.9
US
Rollins Inc
NYSE:ROL
27.2B USD 38 51.7
US
Veralto Corp
NYSE:VLTO
22B USD 17 23.4
UK
Rentokil Initial PLC
LSE:RTO
12.6B GBP 23.6 26.8
US
Clean Harbors Inc
NYSE:CLH
16.3B USD 26.3 41.1
CA
GFL Environmental Inc
TSX:GFL
19.8B CAD 67.5 5.1
CN
Spic Yuanda Environmental Protection Co Ltd
SSE:600292
69.3B CNY 975.4 19 123.8
US
Tetra Tech Inc
NASDAQ:TTEK
8.1B USD 14.1 23.2

Market Distribution

In line with most companies in Australia
Percentile
62st
Based on 1 236 companies
62st percentile
20.2
Low
0 — 10.7
Typical Range
10.7 — 24.5
High
24.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 10.7
Median 16.8
70th Percentile 24.5
Max 6 797.5

Cleanaway Waste Management Ltd
Glance View

Cleanaway Waste Management Ltd., an Australian titan in the waste management sector, has engineered a comprehensive network of services that underpin the everyday operations of businesses and municipalities. Tracing its origins back to humble beginnings, Cleanaway has evolved to become a formidable force, seamlessly integrating waste management solutions with environmental sustainability. Their operations span across the collection, recycling, and disposal of general waste, organics, and recyclables, employing cutting-edge technology to ensure an efficient lifecycle of waste. With a firm commitment to sustainability, the company doesn't just haul waste—it transforms it into valuable resources and energy, maximizing recovery and minimizing landfill dependency. The financial engine driving Cleanaway's remarkable growth lies in its diverse revenue streams. Residential, commercial, and industrial clients depend on Cleanaway’s extensive waste solutions, generating robust income. The company captures value through waste collection services, fees from recycling and processing facilities, and by converting waste into energy—a burgeoning area capturing growing interest in the renewable sector. By strategically expanding its geographical footprint and technological capabilities, Cleanaway leverages economies of scale, which positions it favorably to tackle the rising demand for sustainable waste management across Australia. Through its multifaceted approach, Cleanaway not only addresses environmental imperatives but also fortifies its position as a leader in the waste management industry.

CWY Intrinsic Value
2.88 AUD
Undervaluation 19%
Intrinsic Value
Price AU$2.34
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