GFL Environmental Inc
TSX:GFL

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GFL Environmental Inc
TSX:GFL
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Price: 52.86 CAD -3.01% Market Closed
Market Cap: CA$18.9B

EV/IC

1.5
Current
9%
Cheaper
vs 3-y average of 1.7

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.5
=
Enterprise Value
CA$29.4B
/
Invested Capital
CA$17.3B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.5
=
Enterprise Value
CA$29.4B
/
Invested Capital
CA$17.3B

Valuation Scenarios

GFL Environmental Inc is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.7), the stock would be worth CA$57.86 (9% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-3%
Maximum Upside
+18%
Average Upside
9%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.5 CA$52.86
0%
3-Year Average 1.7 CA$57.86
+9%
5-Year Average 1.5 CA$51.15
-3%
Industry Average 1.8 CA$62.16
+18%
Country Average 1.7 CA$58.44
+11%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

In line with most companies in Canada
Percentile
46th
Based on 3 166 companies
46th percentile
1.5
Low
0 — 1
Typical Range
1 — 3.7
High
3.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1
Median 1.7
70th Percentile 3.7
Max 95 179.6

GFL Environmental Inc
Glance View

In the ever-evolving landscape of waste management, GFL Environmental Inc. has carved a significant niche for itself. Emerging from its Canadian roots, GFL—Green For Life—has rapidly expanded its footprint across North America, establishing itself as a formidable player in the environmental services arena. Founded in 2007 by Patrick Dovigi, GFL has strategically pursued a multi-faceted growth strategy that combines organic expansion with a robust acquisition pipeline. This approach enables the company to offer a wide range of services, including solid and liquid waste collection, transfer, recycling, infrastructure, and soil remediation. By targeting both urban and rural markets, GFL extends its service offerings to a diverse clientele ranging from municipalities and industrial clients to individual households. This segmented approach has been key to maintaining a steady revenue stream while accommodating seasonal and economic fluctuations. At the core of GFL’s operations lies its commitment to sustainability and innovation. Connecting these values with financial imperatives, GFL creates value by transforming waste into useful resources through its recycling and composting initiatives. By doing so, it not only reduces landfill dependency but also taps into potentially lucrative secondary markets for recycled materials. Additionally, GFL’s liquid waste services capture another layer of revenue, processing everything from automotive and industrial liquid waste to hazardous materials, using state-of-the-art treatment facilities. These diverse revenue streams ensure that GFL is well-positioned to capitalize on the growing global emphasis on environmental stewardship, all while maintaining a profitable business model that aligns economic success with ecological responsibility.

GFL Intrinsic Value
40.76 CAD
Overvaluation 23%
Intrinsic Value
Price CA$52.86
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