Waste Connections Inc
TSX:WCN

Watchlist Manager
Waste Connections Inc Logo
Waste Connections Inc
TSX:WCN
Watchlist
Price: 255.06 CAD -0.13% Market Closed
Market Cap: 65.9B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one WCN stock under the Base Case scenario is 254.41 CAD. Compared to the current market price of 255.06 CAD, Waste Connections Inc is Fairly Valued.

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
254.41 CAD
Fairly Valued
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.3
P/S
P/S
Price to Sales
5.3
vs History
36
vs Industry
11
Median 3Y
5.1
Median 5Y
5.1
Industry
1.1
Forward
5
More Details
76.3
P/E
P/E
Price to Earnings
76.3
vs History
26
vs Industry
5
Median 3Y
50.5
Median 5Y
53.3
Industry
15.5
Forward
34.8
More Details
21
P/OCF
P/OCF
Price to OCF
21
vs History
22
vs Industry
13
Median 3Y
19.2
Median 5Y
19.1
Industry
9.3
More Details
27.6
P/FCFE
P/FCFE
Price to FCFE
27.6
vs History
33
vs Industry
20
Median 3Y
19.7
Median 5Y
20.4
Industry
15.4
More Details
6
P/B
P/B
Price to Book Value
6
vs History
11
vs Industry
7
Median 3Y
5.2
Median 5Y
4.9
Industry
1.6
More Details
6.2
EV/S
EV/S
Enterprise Value to Sales
6.2
vs History
30
vs Industry
10
Median 3Y
5.9
Median 5Y
5.9
Industry
1.4
Forward
5.8
More Details
14.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
14.8
vs History
44
vs Industry
14
Median 3Y
14.7
Median 5Y
14.7
Industry
4.1
More Details
19.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
19.2
vs History
47
vs Industry
13
Median 3Y
19.2
Median 5Y
19.2
Industry
8
Forward
17.6
More Details
32.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
32.4
vs History
57
vs Industry
9
Median 3Y
32.3
Median 5Y
33.1
Industry
11.7
Forward
29.3
More Details
24.7
EV/OCF
EV/OCF
Enterprise Value to OCF
24.7
vs History
15
vs Industry
13
Median 3Y
22.3
Median 5Y
22.3
Industry
10
More Details
47.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
47.6
vs History
6
vs Industry
7
Median 3Y
40.2
Median 5Y
40.2
Industry
13.6
More Details
2.9
EV/IC
EV/IC
Enterprise Value to IC
2.9
vs History
14
vs Industry
11
Median 3Y
2.7
Median 5Y
2.7
Industry
1.1
More Details

Multiples Across Competitors

WCN Competitors Multiples
Waste Connections Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Waste Connections Inc
TSX:WCN
65.9B CAD 5.3 76.3 19.2 32.4
US
Waste Management Inc
NYSE:WM
93.3B USD 4.1 34.9 17.6 27.9
US
Republic Services Inc
NYSE:RSG
77.4B USD 4.8 37.2 17.6 27.4
US
Rollins Inc
NYSE:ROL
27.4B USD 7.9 57.4 35.3 41.4
US
Veralto Corp
NYSE:VLTO
23.9B USD 4.5 27.4 19.3 20.6
CA
GFL Environmental Inc
TSX:GFL
25B CAD 3.3 9 16.2 72.9
US
Clean Harbors Inc
NYSE:CLH
12.1B USD 2 31 13.3 21.8
UK
Rentokil Initial PLC
LSE:RTO
8.8B GBP 1.6 28.8 8.9 14.9
US
Tetra Tech Inc
NASDAQ:TTEK
9.3B USD 2 49.3 16 18
US
Casella Waste Systems Inc
NASDAQ:CWST
7.4B USD 4.5 573.2 23.2 81.2
US
Stericycle Inc
NASDAQ:SRCL
5.8B USD 2.2 159.8 16.4 32.3

See Also

Summary
WCN intrinsic value, competitors valuation, and company profile.
DCF Valuation
WCN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
WCN stock valuation using valuation multiples.
Wall Street Estimates
WCN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
WCN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 262,900+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.