Loading...
CWY logo

Cleanaway Waste Management LimitedASX:CWY Stock Report

Market Cap AU$5.4b
Share Price
AU$2.41
AU$2.99
19.4% undervalued intrinsic discount
1Y-11.7%
7D0.8%
1D
Portfolio Value
View

Cleanaway Waste Management Limited

ASX:CWY Stock Report

Market Cap: AU$5.4b

Cleanaway Waste Management (CWY) Stock Overview

Provides waste management, industrial, and environmental services in Australia. More details

CWY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends3/6

CWY Community Fair Values

Create Narrative

See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

Cleanaway Waste Management Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cleanaway Waste Management
Historical stock prices
Current Share PriceAU$2.41
52 Week HighAU$2.96
52 Week LowAU$2.14
Beta0.54
1 Month Change10.55%
3 Month Change4.33%
1 Year Change-11.72%
3 Year Change-6.95%
5 Year Change-9.40%
Change since IPO-9.74%

Recent News & Updates

Narrative Update Jun 08

CWY: Regulatory Tailwinds And Fully Franked Dividends Will Support Medium Term Appeal

Analysts have trimmed their price target on Cleanaway Waste Management to A$2.99, reflecting slightly lower discount rate and future P/E assumptions, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News Cleanaway Waste Management is highlighted as Australia's largest integrated waste management company, with operations spanning collection, recycling, treatment and landfill services.
Narrative Update May 25

CWY: Upcoming Fully Franked Dividend Will Support Medium Term Share Appeal

Analysts have made only small adjustments to their inputs for Cleanaway Waste Management, with a slightly lower discount rate and marginally different revenue growth, profit margin and future P/E assumptions contributing to a refreshed A$ price target that remains effectively in line with the prior A$ level. What's in the News Cleanaway Waste Management held a 2026 Strategy Refresh Briefing for analysts and investors, providing an update on medium term priorities and initiatives (Key Developments).
Narrative Update May 02

CWY: Upcoming Fully Franked Dividend And 2026 Briefing Will Support Share Appeal

Analysts have trimmed their price target for Cleanaway Waste Management slightly to A$2.99 from A$3.00, citing marginally lower assumptions for fair value, revenue growth and profit margins, alongside a small adjustment to the assumed future P/E multiple. What's in the News Cleanaway Waste Management plans a 2026 Strategy Refresh Briefing for investors and analysts, described as an Analyst/Investor Day event (Key Developments).

Recent updates

Narrative Update Jun 08

CWY: Regulatory Tailwinds And Fully Franked Dividends Will Support Medium Term Appeal

Analysts have trimmed their price target on Cleanaway Waste Management to A$2.99, reflecting slightly lower discount rate and future P/E assumptions, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News Cleanaway Waste Management is highlighted as Australia's largest integrated waste management company, with operations spanning collection, recycling, treatment and landfill services.
Narrative Update May 25

CWY: Upcoming Fully Franked Dividend Will Support Medium Term Share Appeal

Analysts have made only small adjustments to their inputs for Cleanaway Waste Management, with a slightly lower discount rate and marginally different revenue growth, profit margin and future P/E assumptions contributing to a refreshed A$ price target that remains effectively in line with the prior A$ level. What's in the News Cleanaway Waste Management held a 2026 Strategy Refresh Briefing for analysts and investors, providing an update on medium term priorities and initiatives (Key Developments).
Narrative Update May 02

CWY: Upcoming Fully Franked Dividend And 2026 Briefing Will Support Share Appeal

Analysts have trimmed their price target for Cleanaway Waste Management slightly to A$2.99 from A$3.00, citing marginally lower assumptions for fair value, revenue growth and profit margins, alongside a small adjustment to the assumed future P/E multiple. What's in the News Cleanaway Waste Management plans a 2026 Strategy Refresh Briefing for investors and analysts, described as an Analyst/Investor Day event (Key Developments).
Narrative Update Apr 16

CWY: Upcoming Fully Franked Dividend Will Support Future Share Appeal

Analysts have trimmed their price target for Cleanaway Waste Management from A$3.17 to about A$3.00. This reflects updated assumptions around revenue growth, profit margins, discount rate and future P/E multiples.
Analysis Article Dec 07

Cleanaway Waste Management Limited (ASX:CWY) Not Flying Under The Radar

With a price-to-earnings (or "P/E") ratio of 37.8x Cleanaway Waste Management Limited ( ASX:CWY ) may be sending very...
Analysis Article Aug 22

Cleanaway Waste Management's (ASX:CWY) Upcoming Dividend Will Be Larger Than Last Year's

Cleanaway Waste Management Limited ( ASX:CWY ) has announced that it will be increasing its dividend from last year's...
Analysis Article Aug 11

An Intrinsic Calculation For Cleanaway Waste Management Limited (ASX:CWY) Suggests It's 33% Undervalued

ASX:CWY 1 Year Share Price vs Fair Value Explore Cleanaway Waste Management's Fair Values from the Community and select...
Analysis Article Jul 05

Should You Be Adding Cleanaway Waste Management (ASX:CWY) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 28

When Should You Buy Cleanaway Waste Management Limited (ASX:CWY)?

While Cleanaway Waste Management Limited ( ASX:CWY ) might not have the largest market cap around , it saw a decent...
Analysis Article May 08

Investors Interested In Cleanaway Waste Management Limited's (ASX:CWY) Earnings

With a price-to-earnings (or "P/E") ratio of 38.5x Cleanaway Waste Management Limited ( ASX:CWY ) may be sending very...
Analysis Article Apr 15

Estimating The Intrinsic Value Of Cleanaway Waste Management Limited (ASX:CWY)

Key Insights The projected fair value for Cleanaway Waste Management is AU$3.21 based on 2 Stage Free Cash Flow to...
Analysis Article Feb 21

Cleanaway Waste Management's (ASX:CWY) Upcoming Dividend Will Be Larger Than Last Year's

Cleanaway Waste Management Limited ( ASX:CWY ) has announced that it will be increasing its dividend from last year's...
User avatar
New Narrative Feb 09

Blueprint 2030 Will Increase Productivity And Operational Efficiencies

The Blueprint 2030 strategy is driving operational excellence, improving margins, and supporting earnings growth through increased efficiency and productivity.
Analysis Article Feb 03

Is It Too Late To Consider Buying Cleanaway Waste Management Limited (ASX:CWY)?

Cleanaway Waste Management Limited ( ASX:CWY ), is not the largest company out there, but it received a lot of...
Analysis Article Jan 11

A Look At The Fair Value Of Cleanaway Waste Management Limited (ASX:CWY)

Key Insights Cleanaway Waste Management's estimated fair value is AU$3.14 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Dec 25

These 4 Measures Indicate That Cleanaway Waste Management (ASX:CWY) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 23

Is Cleanaway Waste Management Limited (ASX:CWY) Potentially Undervalued?

Cleanaway Waste Management Limited ( ASX:CWY ), might not be a large cap stock, but it saw significant share price...
Analysis Article Oct 07

Investors Appear Satisfied With Cleanaway Waste Management Limited's (ASX:CWY) Prospects

It's not a stretch to say that Cleanaway Waste Management Limited's ( ASX:CWY ) price-to-sales (or "P/S") ratio of 1.7x...
Analysis Article Sep 21

A Look At The Fair Value Of Cleanaway Waste Management Limited (ASX:CWY)

Key Insights Cleanaway Waste Management's estimated fair value is AU$3.25 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Sep 06

Is Cleanaway Waste Management (ASX:CWY) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 13

Should You Think About Buying Cleanaway Waste Management Limited (ASX:CWY) Now?

While Cleanaway Waste Management Limited ( ASX:CWY ) might not have the largest market cap around , it saw significant...
Analysis Article May 22

Estimating The Fair Value Of Cleanaway Waste Management Limited (ASX:CWY)

Key Insights Cleanaway Waste Management's estimated fair value is AU$2.33 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Apr 27

Getting In Cheap On Cleanaway Waste Management Limited (ASX:CWY) Is Unlikely

It's not a stretch to say that Cleanaway Waste Management Limited's ( ASX:CWY ) price-to-sales (or "P/S") ratio of 1.6x...
Analysis Article Apr 12

We Think Cleanaway Waste Management (ASX:CWY) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Feb 18

Cleanaway Waste Management (ASX:CWY) Has Announced A Dividend Of A$0.0245

Cleanaway Waste Management Limited's ( ASX:CWY ) investors are due to receive a payment of A$0.0245 per share on 8th of...
Analysis Article Jan 12

What Is Cleanaway Waste Management Limited's (ASX:CWY) Share Price Doing?

Cleanaway Waste Management Limited ( ASX:CWY ), might not be a large cap stock, but it saw a double-digit share price...
Analysis Article Dec 24

What Cleanaway Waste Management Limited's (ASX:CWY) P/S Is Not Telling You

It's not a stretch to say that Cleanaway Waste Management Limited's ( ASX:CWY ) price-to-sales (or "P/S") ratio of 1.7x...
Analysis Article Nov 04

Estimating The Fair Value Of Cleanaway Waste Management Limited (ASX:CWY)

Key Insights Cleanaway Waste Management's estimated fair value is AU$2.68 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Oct 03

Cleanaway Waste Management (ASX:CWY) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 13

Why Cleanaway Waste Management Limited (ASX:CWY) Could Be Worth Watching

While Cleanaway Waste Management Limited ( ASX:CWY ) might not be the most widely known stock at the moment, it...
Analysis Article Aug 26

Cleanaway Waste Management (ASX:CWY) Has Affirmed Its Dividend Of A$0.0245

Cleanaway Waste Management Limited ( ASX:CWY ) has announced that it will pay a dividend of A$0.0245 per share on the...
Analysis Article Jul 31

Calculating The Fair Value Of Cleanaway Waste Management Limited (ASX:CWY)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Cleanaway Waste Management fair value estimate is AU$2.94 With...
Analysis Article Jun 18

Does Cleanaway Waste Management (ASX:CWY) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 28

When Should You Buy Cleanaway Waste Management Limited (ASX:CWY)?

Cleanaway Waste Management Limited ( ASX:CWY ), might not be a large cap stock, but it saw significant share price...
Analysis Article Apr 06

Is Cleanaway Waste Management Limited (ASX:CWY) Expensive For A Reason? A Look At Its Intrinsic Value

Key Insights Using the 2 Stage Free Cash Flow to Equity, Cleanaway Waste Management fair value estimate is AU$2.00...
Analysis Article Mar 17

Does Cleanaway Waste Management (ASX:CWY) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

CWYAU Commercial ServicesAU Market
7D0.8%2.8%3.7%
1Y-11.7%-11.8%4.4%

Return vs Industry: CWY matched the Australian Commercial Services industry which returned -11.8% over the past year.

Return vs Market: CWY underperformed the Australian Market which returned 4.4% over the past year.

Price Volatility

Is CWY's price volatile compared to industry and market?
CWY volatility
CWY Average Weekly Movement3.8%
Commercial Services Industry Average Movement8.7%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.1%

Stable Share Price: CWY has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: CWY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200210,000Mark Schubertwww.cleanaway.com.au

Cleanaway Waste Management Limited provides waste management, industrial, and environmental services in Australia. It engages in the collection, recovery, and disposal of solid waste, including putrescible waste, inert waste, household waste and recovered waste processed through the resource recovery and recycling facilities, transfer stations, and landfills; and provision of safe treatment and disposal of health-related waste services, including sharps management, medical and pharmaceutical waste, and healthcare hazardous waste and quarantine waste to the health sector. The company also collects, treats, processes, refines, recycles, and destructs hazardous and non-hazardous liquids, hydrocarbons and chemical waste, specialized product destruction, and hazardous waste; and offers various services, such as vacuum loading, high pressure cleaning, pipeline maintenance, and non-destructive digging to the resources, oil and gas, infrastructure, and industrial markets.

Cleanaway Waste Management Limited Fundamentals Summary

How do Cleanaway Waste Management's earnings and revenue compare to its market cap?
CWY fundamental statistics
Market capAU$5.40b
Earnings (TTM)AU$120.90m
Revenue (TTM)AU$4.12b
44.7x
P/E Ratio
1.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CWY income statement (TTM)
RevenueAU$4.12b
Cost of RevenueAU$3.11b
Gross ProfitAU$1.01b
Other ExpensesAU$887.60m
EarningsAU$120.90m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 20, 2026

Earnings per share (EPS)0.054
Gross Margin24.50%
Net Profit Margin2.94%
Debt/Equity Ratio57.4%

How did CWY perform over the long term?

See historical performance and comparison

Dividends

2.8%
Current Dividend Yield
121%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/18 08:34
End of Day Share Price 2026/06/18 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cleanaway Waste Management Limited is covered by 25 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew RyanBarrenjoey Markets Pty Limited
Reinhardt van der WaltBofA Global Research
Miriam PritchardBofA Global Research