Waste Connections Stock Current Valuation
| WCN Stock | USD 167.38 1.24 0.75% |
Valuation analysis of Waste Connections helps investors to measure Waste Connections' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 13th of May 2024, Enterprise Value is likely to grow to about 47.6 B, while Enterprise Value Over EBITDA is likely to drop 10.22. Fundamental drivers impacting Waste Connections' valuation include:
Price Book 5.6053 | Enterprise Value 51.2 B | Enterprise Value Ebitda 22.139 | Price Sales 5.3753 | Forward PE 25.641 |
Fairly Valued
Today
Please note that Waste Connections' price fluctuation is very steady at this time. Calculation of the real value of Waste Connections is based on 3 months time horizon. Increasing Waste Connections' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Waste Connections is useful when determining the fair value of the Waste stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Waste Connections. Since Waste Connections is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Waste Stock. However, Waste Connections' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 167.38 | Real 167.1 | Target 158.65 | Hype 167.38 | Naive 169.55 |
The real value of Waste Stock, also known as its intrinsic value, is the underlying worth of Waste Connections Company, which is reflected in its stock price. It is based on Waste Connections' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Waste Connections' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Waste Connections' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Waste Connections helps investors to forecast how Waste stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Waste Connections more accurately as focusing exclusively on Waste Connections' fundamentals will not take into account other important factors: Waste Connections Company Current Valuation Analysis
Waste Connections' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Waste Connections Current Valuation | 51.17 B |
Most of Waste Connections' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Waste Connections is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Waste Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Waste Connections is extremely important. It helps to project a fair market value of Waste Stock properly, considering its historical fundamentals such as Current Valuation. Since Waste Connections' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Waste Connections' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Waste Connections' interrelated accounts and indicators.
Click cells to compare fundamentals
Waste Current Valuation Historical Pattern
Today, most investors in Waste Connections Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Waste Connections' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Waste Connections current valuation as a starting point in their analysis.
Waste Connections Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Waste Connections has a Current Valuation of 51.17 B. This is much higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is significantly lower than that of the firm.
Waste Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Waste Connections' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Waste Connections could also be used in its relative valuation, which is a method of valuing Waste Connections by comparing valuation metrics of similar companies.Waste Connections is currently under evaluation in current valuation category among related companies.
Waste Connections Current Valuation Drivers
We derive many important indicators used in calculating different scores of Waste Connections from analyzing Waste Connections' financial statements. These drivers represent accounts that assess Waste Connections' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Waste Connections' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.9B | 27.0B | 35.6B | 34.1B | 38.4B | 40.4B | |
| Enterprise Value | 28.2B | 31.3B | 40.7B | 41.1B | 45.4B | 47.6B |
Waste Connections ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Waste Connections' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Waste Connections' managers, analysts, and investors.Environmental | Governance | Social |
Waste Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0482 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 51.17 B | |||
| Shares Outstanding | 257.96 M | |||
| Shares Owned By Insiders | 0.22 % | |||
| Shares Owned By Institutions | 88.08 % | |||
| Number Of Shares Shorted | 1.22 M | |||
| Price To Earning | 166.85 X | |||
| Price To Book | 5.61 X | |||
| Price To Sales | 5.38 X | |||
| Revenue | 8.17 B | |||
| Gross Profit | 2.88 B | |||
| EBITDA | 2.52 B | |||
| Net Income | 776.79 M | |||
| Cash And Equivalents | 78.64 M | |||
| Cash Per Share | 0.86 X | |||
| Total Debt | 7 B | |||
| Debt To Equity | 0.85 % | |||
| Current Ratio | 0.94 X | |||
| Book Value Per Share | 30.19 X | |||
| Cash Flow From Operations | 2.17 B | |||
| Short Ratio | 1.41 X | |||
| Earnings Per Share | 3.06 X | |||
| Price To Earnings To Growth | 2.22 X | |||
| Target Price | 187.2 | |||
| Number Of Employees | 22.54 K | |||
| Beta | 0.67 | |||
| Market Capitalization | 43.19 B | |||
| Total Asset | 17.97 B | |||
| Retained Earnings | 4.12 B | |||
| Working Capital | (546.15 M) | |||
| Current Asset | 784.63 M | |||
| Current Liabilities | 689.25 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.70 % | |||
| Net Asset | 17.97 B | |||
| Last Dividend Paid | 1.08 |
About Waste Connections Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Waste Connections's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Waste Connections using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Waste Connections based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Waste Connections Investors Sentiment
The influence of Waste Connections' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Waste. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Waste Connections' public news can be used to forecast risks associated with an investment in Waste. The trend in average sentiment can be used to explain how an investor holding Waste can time the market purely based on public headlines and social activities around Waste Connections. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Waste Connections' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Waste Connections' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Waste Connections' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Waste Connections.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Waste Connections in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Waste Connections' short interest history, or implied volatility extrapolated from Waste Connections options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Waste Connections offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waste Connections' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waste Connections Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waste Connections Stock:Check out Waste Connections Piotroski F Score and Waste Connections Altman Z Score analysis. To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.Note that the Waste Connections information on this page should be used as a complementary analysis to other Waste Connections' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Waste Stock analysis
When running Waste Connections' price analysis, check to measure Waste Connections' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Connections is operating at the current time. Most of Waste Connections' value examination focuses on studying past and present price action to predict the probability of Waste Connections' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Connections' price. Additionally, you may evaluate how the addition of Waste Connections to your portfolios can decrease your overall portfolio volatility.
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Is Waste Connections' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Connections. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Connections listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.158 | Dividend Share 1.08 | Earnings Share 3.06 | Revenue Per Share 31.802 | Quarterly Revenue Growth 0.091 |
The market value of Waste Connections is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Connections' market value can be influenced by many factors that don't directly affect Waste Connections' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.