Cleanaway Waste Management Ltd
CWY: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$7.70 | Xkbj | Ylgphjrl |
Cleanaway: Improved Vehicle Management Expected to Deliver Reduced Capital Expenditure
We are encouraged by no-moat Cleanaway’s plan to reduce capital expenditure by AUD 50 million a year from fiscal 2025. This includes outsourcing ownership of its heavy vehicle fleet, using digital and analytics in fleet pooling decision-making, and hiring specialized project management teams to improve capital efficiency.