Morningstar

Cleanaway Waste Management Ltd CWY

Morningstar Rating
Unlock
Stock XASX Rating as of
A$2.89 +0.01 (0.35%)
View Full Chart
As of Delayed Price Closed

Company Report

View Archive

Cleanway's Fiscal 2024 Result Strong; Transfer of Coverage to New Analyst

Esther Holloway

Cleanaway has pledged to increase capital investment for approximately 10 years through to 2030 as it completes a variety of circular economy strategies to divert waste from landfills. To date, the Eastern Creek Food and Garden Organics is the largest active project, supporting the federal government’s goal to halve waste sent to landfills by 2030. Where possible, the company seeks to monetize output from these initiatives, such as selling energy and resins recovered in processing.

Read Full Report

Price vs Fair Value

View History
CWY is trading at a 584% premium.
Price
A$2.89
Fair Value
A$2.60
Uncertainty
Medium
1-Star Price
A$5.53
5-Star Price
A$5.53
Economic Moat
Spg
Capital Allocation
Dvcjygp

Bulls Say, Bears Say

Bulls

Waste collection, particularly municipal waste, is relatively noncyclical, providing steady earnings streams through the cycle.

Bears

Given difficulties in building landfills, the firm favors purchasing brownfield assets. However, assets purchased at a premium are unlikely to generate returns in excess of the cost of capital.

Show More

Trading Information

Previous Close Price
A$2.88
Day Range
A$2.85–2.89
52-Week Range
A$2.22–3.01
Bid/Ask
A$2.86 / A$2.90
Market Cap
A$6.44 Bil
Volume/Avg
2.1 Mil / 4.0 Mil

Key Statistics

Price/Earnings (Normalized)
38.40
Price/Sales
1.74
Dividend Yield (Trailing)
1.73%
Dividend Yield (Forward)
1.76%
Total Yield
1.73%

Company Profile

Cleanaway Waste Management is Australia’s largest waste management business with a national footprint in the collection and disposal of waste. It is active in municipal and commercial and industrial waste stream segments and in nonhazardous and hazardous liquid and medical waste. While Cleanaway is allocating greater capital to waste processing and treatment, earnings remain skewed toward waste collection. The company is particularly strong in commercial, industrial, and municipal waste collection with strong market share in all large Australian metro waste collection markets.
Sector
Industrials
Industry
Waste Management
Stock Style Box
Mid Core
Total Number of Employees
6,800
Website
https://www.cleanaway.com.au

Competitors

Valuation

View More
Metric
CWY
VIE
WCN
Price/Earnings (Normalized)
 38.4020.5738.68
Price/Book Value
 2.152.435.70
Price/Sales
 1.740.495.41
Price/Cash Flow
 11.885.0919.95
Price/Earnings
CWY
VIE
WCN

Financial Strength

Metric
CWY
VIE
WCN
Quick Ratio
 0.680.780.59
Current Ratio
 0.780.890.70
Interest Coverage
 2.873.114.63
Quick Ratio
CWY
VIE
WCN

Profitability

Metric
CWY
VIE
WCN
Return on Assets (Normalized)
 2.71%1.96%6.44%
Return on Equity (Normalized)
 5.69%16.51%15.29%
Return on Invested Capital (Normalized)
 5.27%5.99%9.27%
Return on Assets
CWY
VIE
WCN

Waste Management Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Waste Management Inc
WM
MvffvyzqWwy$83.5 Bil
 Republic Services Inc
RSG
LwzgxlxtxKwdy$63.0 Bil
 Waste Connections Inc
WCN
YnzxwwvVgwwy$45.5 Bil
 Veolia Environnement SA
VEOEF
—Cbcxg$23.7 Bil
 Veolia Environnement SA ADR
VEOEY
JcktnqltyFxsff$23.7 Bil
 GFL Environmental Inc
GFL
—Qtkmf$16.0 Bil
 Clean Harbors Inc
CLH
MpkwrdqqDzqss$13.3 Bil
 Casella Waste Systems Inc Class A
CWST
—Jswkxj$6.3 Bil
 Stericycle Inc
SRCL
GzfrdvpgZjxpfj$5.7 Bil
 Cleanaway Waste Management Ltd
TSPCF
—Sgy$4.4 Bil

Sponsor Center