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The Top 6 Recycling stocks to own in June 2019

Today I will analyze 6 Recycling isntruments to have in your portfolio in June 2019. I will break down the following equities: Waste Management, Waste Connections, Covanta Holding Corporation, Kurita Water Industries Ltd, Stericycle, and Tomra Systems ASA
Published over a year ago
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Reviewed by Michael Smolkin

This list of potential positions covers Waste management, pollution control, and recycling. West management companies as well as entities specializing in pollution control and recycling in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Waste Management (WM)

The company has Return on Asset (ROA) of 0.0745 % which means that for every $100 of assets, it generated a profit of $0.0745. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.3308 %, which means that it produced $0.3308 on every 100 dollars invested by current stockholders. Waste Management's management efficiency ratios could be used to measure how well Waste Management manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Waste Management's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Equity is likely to grow to 0.35, while Return On Capital Employed is likely to drop 0.12. At this time, Waste Management's Intangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Other Current Assets is likely to grow to about 412.8 M, while Non Current Assets Total are likely to drop about 15.6 B. The entity currently falls under 'Large-Cap' category with a market capitalization of 83.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Waste Management's market, we take the total number of its shares issued and multiply it by Waste Management's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be overvalued. Waste Management maintains a prevalent Real Value of $191.48 per share. The last-minute price of the company is $207.53. Our model calculates the value of Waste Management from examining the company fundamentals such as Return On Asset of 0.0745, profit margin of 0.11 %, and Current Valuation of 99.63 B as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors encourage obtaining undervalued securities and abandoning overvalued securities since, at some point, asset prices and their ongoing real values will grow together.

Waste Connections (WCN)

The company has Return on Asset of 0.0479 % which means that on every $100 spent on assets, it made $0.0479 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.103 %, implying that it generated $0.103 on every 100 dollars invested. Waste Connections' management efficiency ratios could be used to measure how well Waste Connections manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Waste Connections' Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.09. At this time, Waste Connections' Intangibles To Total Assets are very stable compared to the past year. As of the 23rd of April 2024, Debt To Assets is likely to grow to 0.42, while Other Current Assets are likely to drop about 72.7 M. The entity currently falls under 'Large-Cap' category with a total capitalization of 42.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Waste Connections's market, we take the total number of its shares issued and multiply it by Waste Connections's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

7.35 Billion

At this time, Waste Connections' Short and Long Term Debt Total is very stable compared to the past year.

Covanta Holding (CVA)

The company has Return on Asset of 2.03 % which means that on every $100 spent on assets, it made $2.03 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 9.86 %, implying that it generated $9.86 on every 100 dollars invested. Covanta Holding's management efficiency ratios could be used to measure how well Covanta Holding manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Mid-Cap' category with a total capitalization of 2.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Covanta Holding's market, we take the total number of its shares issued and multiply it by Covanta Holding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Kurita Water Industries (KTWIF)

The company has return on total asset (ROA) of 0.0458 % which means that it generated a profit of $0.0458 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0977 %, meaning that it generated $0.0977 on every $100 dollars invested by stockholders. Kurita Water's management efficiency ratios could be used to measure how well Kurita Water manages its routine affairs as well as how well it operates its assets and liabilities. The firm currently falls under 'Mid-Cap' category with a current market capitalization of 5.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kurita Water's market, we take the total number of its shares issued and multiply it by Kurita Water's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Stericycle (SRCL)

The company has return on total asset (ROA) of 0.0216 % which means that it generated a profit of $0.0216 on every $100 spent on assets. This is way below average. Stericycle's management efficiency ratios could be used to measure how well Stericycle manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.01 this year. The value of Return On Capital Employed is expected to slide to 0.04. At this time, Stericycle's Asset Turnover is quite stable compared to the past year. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stericycle's market, we take the total number of its shares issued and multiply it by Stericycle's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be undervalued. Stericycle has a current Real Value of $53.78 per share. The regular price of the company is $50.94. Our model measures the value of Stericycle from inspecting the company fundamentals such as Operating Margin of 0.06 %, return on equity of -0.0086, and Shares Outstanding of 92.78 M as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend picking up undervalued stocks and discarding overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other.

Tomra Systems ASA (TMRAY)

The company has return on total asset (ROA) of 0.0731 % which means that it generated a profit of $0.0731 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1721 %, meaning that it generated $0.1721 on every $100 dollars invested by stockholders. Tomra Systems' management efficiency ratios could be used to measure how well Tomra Systems manages its routine affairs as well as how well it operates its assets and liabilities. The firm currently falls under 'Mid-Cap' category with a current market capitalization of 5.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tomra Systems's market, we take the total number of its shares issued and multiply it by Tomra Systems's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Current Recycling Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
ECCI
Not Available
Not Available
ACTD
Not Available
LNDT
Not Available
SEVT
Not Available
Not Available
WM
TNJIF
Not Available

How important is Macroaxis's Liquidity

Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
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Waste Management (WM)

The company has Return on Asset (ROA) of 0.0745 % which means that for every $100 of assets, it generated a profit of $0.0745. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.3308 %, which means that it produced $0.3308 on every 100 dollars invested by current stockholders. Waste Management's management efficiency ratios could be used to measure how well Waste Management manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Waste Management's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Equity is likely to grow to 0.35, while Return On Capital Employed is likely to drop 0.12. At this time, Waste Management's Intangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Other Current Assets is likely to grow to about 412.8 M, while Non Current Assets Total are likely to drop about 15.6 B. The entity currently falls under 'Large-Cap' category with a market capitalization of 83.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Waste Management's market, we take the total number of its shares issued and multiply it by Waste Management's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be overvalued. Waste Management maintains a prevalent Real Value of $191.48 per share. The last-minute price of the company is $207.53. Our model calculates the value of Waste Management from examining the company fundamentals such as Return On Asset of 0.0745, profit margin of 0.11 %, and Current Valuation of 99.63 B as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors encourage obtaining undervalued securities and abandoning overvalued securities since, at some point, asset prices and their ongoing real values will grow together.

Waste Connections (WCN)

The company has Return on Asset of 0.0479 % which means that on every $100 spent on assets, it made $0.0479 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.103 %, implying that it generated $0.103 on every 100 dollars invested. Waste Connections' management efficiency ratios could be used to measure how well Waste Connections manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Waste Connections' Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.09. At this time, Waste Connections' Intangibles To Total Assets are very stable compared to the past year. As of the 23rd of April 2024, Debt To Assets is likely to grow to 0.42, while Other Current Assets are likely to drop about 72.7 M. The entity currently falls under 'Large-Cap' category with a total capitalization of 42.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Waste Connections's market, we take the total number of its shares issued and multiply it by Waste Connections's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

7.35 Billion

At this time, Waste Connections' Short and Long Term Debt Total is very stable compared to the past year.

Covanta Holding (CVA)

The company has Return on Asset of 2.03 % which means that on every $100 spent on assets, it made $2.03 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 9.86 %, implying that it generated $9.86 on every 100 dollars invested. Covanta Holding's management efficiency ratios could be used to measure how well Covanta Holding manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Mid-Cap' category with a total capitalization of 2.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Covanta Holding's market, we take the total number of its shares issued and multiply it by Covanta Holding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Kurita Water Industries (KTWIF)

The company has return on total asset (ROA) of 0.0458 % which means that it generated a profit of $0.0458 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0977 %, meaning that it generated $0.0977 on every $100 dollars invested by stockholders. Kurita Water's management efficiency ratios could be used to measure how well Kurita Water manages its routine affairs as well as how well it operates its assets and liabilities. The firm currently falls under 'Mid-Cap' category with a current market capitalization of 5.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kurita Water's market, we take the total number of its shares issued and multiply it by Kurita Water's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Stericycle (SRCL)

The company has return on total asset (ROA) of 0.0216 % which means that it generated a profit of $0.0216 on every $100 spent on assets. This is way below average. Stericycle's management efficiency ratios could be used to measure how well Stericycle manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.01 this year. The value of Return On Capital Employed is expected to slide to 0.04. At this time, Stericycle's Asset Turnover is quite stable compared to the past year. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stericycle's market, we take the total number of its shares issued and multiply it by Stericycle's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be undervalued. Stericycle has a current Real Value of $53.78 per share. The regular price of the company is $50.94. Our model measures the value of Stericycle from inspecting the company fundamentals such as Operating Margin of 0.06 %, return on equity of -0.0086, and Shares Outstanding of 92.78 M as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend picking up undervalued stocks and discarding overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other.

Tomra Systems ASA (TMRAY)

The company has return on total asset (ROA) of 0.0731 % which means that it generated a profit of $0.0731 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1721 %, meaning that it generated $0.1721 on every $100 dollars invested by stockholders. Tomra Systems' management efficiency ratios could be used to measure how well Tomra Systems manages its routine affairs as well as how well it operates its assets and liabilities. The firm currently falls under 'Mid-Cap' category with a current market capitalization of 5.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tomra Systems's market, we take the total number of its shares issued and multiply it by Tomra Systems's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Current Recycling Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
ECCI
Not Available
Not Available
ACTD
Not Available
LNDT
Not Available
SEVT
Not Available
Not Available
WM
TNJIF
Not Available

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