Comparison
Company
Score
Quality
Valuation
Financial
Technical
Why is Waste Connections, Inc. ?
1
The company declared very negative results in Dec'24 after positive results in Sep'24
- NET PROFIT(9M) At CAD 493.35 MM has Grown at -52.57%
- INTEREST(9M) At CAD 330.43 MM has Grown at 13.4%
2
With ROE of 8.09%, it has a very expensive valuation with a 5.40 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -1.84%, its profits have fallen by -34.7%
3
Below par performance in long term as well as near term
- Along with generating -1.84% returns in the last 1 year, the stock has also underperformed S&P/TSX 60 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Transport Services)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Waste Connections, Inc. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Waste Connections, Inc.
-10.02%
0.19
17.72%
S&P/TSX 60
19.1%
1.54
14.62%
Quality key factors
Factor
Value
Sales Growth (5y)
12.43%
EBIT Growth (5y)
6.17%
EBIT to Interest (avg)
5.26
Debt to EBITDA (avg)
2.99
Net Debt to Equity (avg)
1.04
Sales to Capital Employed (avg)
0.54
Tax Ratio
20.09%
Dividend Payout Ratio
49.01%
Pledged Shares
0
Institutional Holding
89.02%
ROCE (avg)
8.68%
ROE (avg)
10.78%
Valuation Key Factors 
Factor
Value
P/E Ratio
67
Industry P/E
Price to Book Value
5.40
EV to EBIT
45.12
EV to EBITDA
22.03
EV to Capital Employed
3.21
EV to Sales
5.66
PEG Ratio
NA
Dividend Yield
0.01%
ROCE (Latest)
7.11%
ROE (Latest)
8.09%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
8What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CAD 3,219.26 MM
DIVIDEND PER SHARE(HY)
Highest at CAD 9.46
RAW MATERIAL COST(Y)
Fallen by 0.28% (YoY
NET SALES(Q)
Highest at CAD 3,331.13 MM
OPERATING PROFIT(Q)
Highest at CAD 1,070.97 MM
-6What is not working for the Company
NET PROFIT(9M)
At CAD 493.35 MM has Grown at -52.57%
INTEREST(9M)
At CAD 330.43 MM has Grown at 13.4%
Here's what is working for Waste Connections, Inc.
Operating Cash Flow
Highest at CAD 3,219.26 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CAD MM)
Dividend per share
Highest at CAD 9.46 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (CAD)
Net Sales
Highest at CAD 3,331.13 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CAD MM)
Operating Profit
Highest at CAD 1,070.97 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CAD MM)
Raw Material Cost
Fallen by 0.28% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Waste Connections, Inc.
Net Profit
At CAD 493.35 MM has Grown at -52.57%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CAD MM)
Interest
At CAD 330.43 MM has Grown at 13.4%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CAD MM)






