Waste Connections Inc
TSX:WCN

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Waste Connections Inc
TSX:WCN
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Price: 248.99 CAD 1.76% Market Closed
Market Cap: 64.3B 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 252.53 CAD. Compared to the current market price of 248.99 CAD, Waste Connections Inc is Undervalued by 1%.

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
252.53 CAD
Undervaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.2
P/S
P/S
Price to Sales
5.2
vs History
46
vs Industry
11
Median 3Y
5.1
Median 5Y
5.1
Industry
1.2
Forward
4.9
More Details
74.8
P/E
P/E
Price to Earnings
74.8
vs History
28
vs Industry
5
Median 3Y
50.5
Median 5Y
53.4
Industry
15.9
Forward
34.2
More Details
20.6
P/OCF
P/OCF
Price to OCF
20.6
vs History
28
vs Industry
13
Median 3Y
19.2
Median 5Y
19.2
Industry
9.6
More Details
27
P/FCFE
P/FCFE
Price to FCFE
27
vs History
34
vs Industry
20
Median 3Y
20.2
Median 5Y
20.6
Industry
16
More Details
5.9
P/B
P/B
Price to Book Value
5.9
vs History
12
vs Industry
7
Median 3Y
5.3
Median 5Y
4.9
Industry
1.6
More Details
6.1
EV/S
EV/S
Enterprise Value to Sales
6.1
vs History
42
vs Industry
10
Median 3Y
5.9
Median 5Y
6
Industry
1.4
Forward
5.7
More Details
14.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
14.5
vs History
55
vs Industry
14
Median 3Y
14.7
Median 5Y
14.7
Industry
4.2
More Details
18.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
18.9
vs History
57
vs Industry
13
Median 3Y
19.2
Median 5Y
19.2
Industry
8.2
Forward
17.3
More Details
31.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
31.8
vs History
76
vs Industry
9
Median 3Y
32.3
Median 5Y
33.1
Industry
11.9
Forward
28.9
More Details
24.3
EV/OCF
EV/OCF
Enterprise Value to OCF
24.3
vs History
26
vs Industry
13
Median 3Y
22.3
Median 5Y
22.3
Industry
10.1
More Details
46.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
46.8
vs History
12
vs Industry
7
Median 3Y
40.2
Median 5Y
40.2
Industry
13.7
More Details
2.8
EV/IC
EV/IC
Enterprise Value to IC
2.8
vs History
22
vs Industry
11
Median 3Y
2.7
Median 5Y
2.7
Industry
1.2
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
64.3B CAD 5.2 74.8 18.9 31.8
US
Waste Management Inc
NYSE:WM
91.3B USD 4 34.1 17.3 27.4
US
Republic Services Inc
NYSE:RSG
75.7B USD 4.7 36.3 17.2 26.9
US
Rollins Inc
NYSE:ROL
27.3B USD 7.9 57.1 35.2 41.3
US
Veralto Corp
NYSE:VLTO
25.4B USD 4.8 29.1 20.5 21.8
CA
GFL Environmental Inc
TSX:GFL
24B CAD 3.2 8.6 15.7 70.8
US
Clean Harbors Inc
NYSE:CLH
12.6B USD 2.1 32.2 13.7 22.5
UK
Rentokil Initial PLC
LSE:RTO
8.8B GBP 1.6 29 9 14.9
US
Tetra Tech Inc
NASDAQ:TTEK
9.6B USD 2.1 51 16.5 18.5
US
Stericycle Inc
NASDAQ:SRCL
7.4B USD 2.8 206.2 20.2 40
US
Casella Waste Systems Inc
NASDAQ:CWST
7.2B USD 4.4 559.9 22.7 79.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Waste Connections Inc
TSX:WCN
Average EV/EBITDA: 18.8
18.9
10%
1.9
US
Waste Management Inc
NYSE:WM
17.3
11%
1.6
US
Republic Services Inc
NYSE:RSG
17.2
7%
2.5
US
Rollins Inc
NYSE:ROL
35.2
12%
2.9
US
Veralto Corp
NYSE:VLTO
20.5
7%
2.9
CA
GFL Environmental Inc
TSX:GFL
15.7
5%
3.1
US
Clean Harbors Inc
NYSE:CLH
13.7
10%
1.4
UK
Rentokil Initial PLC
LSE:RTO
9
8%
1.1
US
Tetra Tech Inc
NASDAQ:TTEK
16.5
8%
2.1
US
Stericycle Inc
NASDAQ:SRCL
20.2
9%
2.2
US
Casella Waste Systems Inc
NASDAQ:CWST
22.7
16%
1.4

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
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