Waste Connections Inc
TSX:WCN

Watchlist Manager
Waste Connections Inc Logo
Waste Connections Inc
TSX:WCN
Watchlist
Price: 271.62 CAD -0.24% Market Closed
Market Cap: 70.1B CAD

Relative Value

The Relative Value of one WCN stock under the Base Case scenario is 250.19 CAD. Compared to the current market price of 271.62 CAD, Waste Connections Inc is Overvalued by 8%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

WCN Relative Value
Base Case
250.19 CAD
Overvaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
12
vs Industry
11
Median 3Y
5.1
Median 5Y
5.1
Industry
1.1
Forward
5.3
vs History
19
vs Industry
5
Median 3Y
50.5
Median 5Y
52.6
Industry
15.5
Forward
37
vs History
4
vs Industry
13
Median 3Y
19.1
Median 5Y
18.9
Industry
9
vs History
25
vs Industry
20
Median 3Y
19.7
Median 5Y
20.4
Industry
15.4
vs History
0
vs Industry
7
Median 3Y
5.2
Median 5Y
4.9
Industry
1.5
vs History
6
vs Industry
10
Median 3Y
5.9
Median 5Y
5.9
Industry
1.4
Forward
6.1
vs History
17
vs Industry
14
Median 3Y
14.7
Median 5Y
14.6
Industry
4.1
vs History
19
vs Industry
13
Median 3Y
19.2
Median 5Y
19.2
Industry
8
Forward
18.4
vs History
33
vs Industry
9
Median 3Y
32.3
Median 5Y
33
Industry
11.4
Forward
29.9
vs History
3
vs Industry
13
Median 3Y
22.3
Median 5Y
21.8
Industry
9.5
vs History
0
vs Industry
7
Median 3Y
40.2
Median 5Y
39.8
Industry
12.6
vs History
0
vs Industry
11
Median 3Y
2.7
Median 5Y
2.6
Industry
1.1

Multiples Across Competitors

WCN Competitors Multiples
Waste Connections Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Waste Connections Inc
TSX:WCN
70.2B CAD 5.6 80.9 20.2 34
US
Waste Management Inc
NYSE:WM
93.7B USD 4.3 34.1 18 27.9
US
Republic Services Inc
NYSE:RSG
78B USD 4.8 37.4 17.6 27.5
US
Rollins Inc
NYSE:ROL
27.3B USD 7.9 57.1 35.1 41.1
US
Veralto Corp
NYSE:VLTO
23.4B USD 4.4 26.8 18.9 20.1
CA
GFL Environmental Inc
TSX:GFL
27.2B CAD 3.4 -33.8 18 79.8
US
Clean Harbors Inc
NYSE:CLH
11.8B USD 2 29.3 12.8 20.5
UK
Rentokil Initial PLC
LSE:RTO
8.8B GBP 1.6 28.5 8.8 14.7
US
Tetra Tech Inc
NASDAQ:TTEK
8.4B USD 1.9 32.3 14.9 16.8
US
Stericycle Inc
NASDAQ:SRCL
8.4B USD 3.2 232.8 22.4 44.3
US
Casella Waste Systems Inc
NASDAQ:CWST
7.4B USD 4.8 547.7 23.9 77.9
P/E Multiple
Earnings Growth PEG
CA
Waste Connections Inc
TSX:WCN
Average P/E: 110.7
80.9
43%
1.9
US
Waste Management Inc
NYSE:WM
34.1
13%
2.6
US
Republic Services Inc
NYSE:RSG
37.4
9%
4.2
US
Rollins Inc
NYSE:ROL
57.1
14%
4.1
US
Veralto Corp
NYSE:VLTO
26.8
10%
2.7
CA
GFL Environmental Inc
TSX:GFL
Negative Multiple: -33.8 N/A N/A
US
Clean Harbors Inc
NYSE:CLH
29.3
14%
2.1
UK
Rentokil Initial PLC
LSE:RTO
28.5
-24%
N/A
US
Tetra Tech Inc
NASDAQ:TTEK
32.3
14%
2.3
US
Stericycle Inc
NASDAQ:SRCL
232.8
N/A N/A
US
Casella Waste Systems Inc
NASDAQ:CWST
547.7
104%
5.3