Heritage-Crystal Clean, Inc

NasdaqGS:HCCI Rapport sur les actions

Capitalisation boursière : US$1.1b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Heritage-Crystal Clean Gestion

Gestion contrôle des critères 4/4

Le PDG Heritage-Crystal Clean est Brian Recatto, nommé en Feb2017, a un mandat de 6.67 ans. La rémunération annuelle totale est $ 1.71M, composée du salaire de 27.7% et des bonus 72.3%, y compris les actions et options de la société. détient directement 3.09% des actions de la société, d'une valeur de $ 34.27M. La durée moyenne de mandat de l'équipe de direction et du conseil d'administration est respectivement 7.8 ans et 15.6 ans.

Informations clés

Brian Recatto

Directeur général

US$1.7m

Rémunération totale

Pourcentage du salaire du PDG27.73%
Durée du mandat du directeur général6.7yrs
Propriété du PDG3.1%
Durée moyenne d'occupation des postes de direction7.8yrs
Durée moyenne du mandat des membres du conseil d'administration15.6yrs

Mises à jour récentes de la gestion

Recent updates

Article d’analyse • Jul 04

Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Shares Could Be 31% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Heritage-Crystal Clean is US$54.99 based on 2 Stage Free Cash Flow to Equity...
Article d’analyse • May 09

Heritage-Crystal Clean (NASDAQ:HCCI) Shareholders Will Want The ROCE Trajectory To Continue

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Article d’analyse • Feb 24

Should You Investigate Heritage-Crystal Clean, Inc (NASDAQ:HCCI) At US$35.96?

Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ), is not the largest company out there, but it led the NASDAQGS gainers with...
Article d’analyse • Dec 21

These 4 Measures Indicate That Heritage-Crystal Clean (NASDAQ:HCCI) Is Using Debt Safely

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Article d’analyse • Nov 24

Calculating The Intrinsic Value Of Heritage-Crystal Clean, Inc (NASDAQ:HCCI)

In this article we are going to estimate the intrinsic value of Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ) by...
Seeking Alpha • Oct 19

Heritage-Crystal Clean Non-GAAP EPS of $1.01 beats by $0.21, revenue of $172.22M beats by $17.23M

Heritage-Crystal Clean press release (NASDAQ:HCCI): Q3 Non-GAAP EPS of $1.01 beats by $0.21. Revenue of $172.22M (+39.8% Y/Y) beats by $17.23M. Shares +1.58%.
Article d’analyse • Oct 19

Is There Now An Opportunity In Heritage-Crystal Clean, Inc (NASDAQ:HCCI)?

Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ), is not the largest company out there, but it saw a double-digit share...
Article d’analyse • Aug 18

Is Now The Time To Put Heritage-Crystal Clean (NASDAQ:HCCI) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Seeking Alpha • Aug 12

Mittleman - Heritage-Crystal Clean: Great Track Record, Not Enough Credit

Mittleman Investment Management bought a 2.5% weighting in Heritage-Crystal Clean Inc. HCCI is a growth/cyclical business whose valuation is penalised too much by the cyclical exposure with not enough credit for the great track record and prospect of continued growth. If energy prices stay somewhat elevated, the better-than-normal spread HCCI’s re-refining business has enjoyed recently might persist for some time. The following segment was excerpted from this fund letter. Heritage-Crystal Clean Inc. (HCCI) Mittleman Investment Management, LLC. (MIM) bought a 2.5% weighting in a leading environmental services company that Chris Mittleman has admired for many years, Heritage-Crystal Clean Inc. (HCCI), at an average cost of $26.77 in the waning days of June, with ~49% upside to MIM’s estimate of fair value at $40. As at 1 August the shares are $34, up recently on a stronger than expected quarterly report announced on 27 July, and a large insider buy of 150,000 shares on that same day at $27.00 ($4.05M), bringing CEO Brian Recatto’s total shares directly held to 820,505 ($28M). MIM’s estimate of fair value for HCCI of $40 is based on a $901M EV = 8.6x EBITDAaL (est. for CY2022) of $105M (17.5% margin on $600M sales) = 18x FCF est. of $50M. Closest competitor, Clean Harbors / Safety-Kleen (CLH $90) trades at 8.5x EBITDA (est. 2022) and 18x FCF (CLH has roughly same EBITDA margin as HCCI, despite being 8x larger). Below a description of the company from the most recent 10-Q: Heritage-Crystal Clean, Inc., a Delaware corporation and its subsidiaries (collectively the “Company”), provide parts cleaning, hazardous and non-hazardous containerized waste, used oil collection, wastewater vacuum, antifreeze recycling and field services primarily to small and mid-sized industrial and vehicle maintenance customers. The Company owns and operates a used oil re-refinery where it re-refines used oils and sells high quality base oil for use in the manufacture of finished lubricants as well as other rerefinery products. The Company also has multiple locations where it dehydrates used oil. The oil processed at these locations is primarily sold as recycled fuel oil. The Company also operates multiple non-hazardous waste processing facilities as well as antifreeze recycling facilities at which it produces virgin-quality antifreeze. The Company’s locations are in the United States and Ontario, Canada. The Company conducts its primary business operations through Heritage-Crystal Clean, LLC, its wholly owned subsidiary, and all intercompany balances have been eliminated in consolidation. The Company has two reportable segments: “Environmental Services” and “Oil Business.” The Environmental Services segment consists of the Company’s parts cleaning, containerized waste management, wastewater vacuum, antifreeze recycling activities, and field services. The Oil Business segment consists of the Company’s used oil collection, recycled fuel oil sales, used oil rerefining activities, and used oil filter removal and disposal services. No customer represented greater than 10% of consolidated revenues for any of the periods presented. There were no intersegment revenues. Both segments operate in the United States and, to an immaterial degree, in Ontario, Canada. As such, the Company is not disclosing operating results by geographic segment. For those seeking more detail, the company’s website is highly informative: www.crystal-clean.com This is a growth/cyclical business, with about 40% of sales from re-refining of used oil, and 60% from less cyclical environmental services. MIM thinks the valuation is penalised too much by the cyclical exposure with not enough credit for the great track record and prospect of continued growth. The oil re-refining business is operating at an all-time high for HCCI recently, so that is likely to flatten out and with the obvious risk that it might more severely revert to the mean. But then again, if energy prices stay somewhat elevated the better than normal spread HCCI’s re-refining business has enjoyed recently might persist for some time. The cost of the used motor oil that HCCI collects from its various customers has risen, but not as much as the re-refined products which HCCI sells, mostly Group 2 Base Oil that goes into various lubricants. Also, IMO 2020 (International Maritime Organization) regulations implemented on 1 January 2020 impose stricter sulfur limits on marine fuel, which increases demand for HCCI’s clean (low sulfur) fuel output. MIM’s willingness to endure the risk that the oil re-refining business is unsustainably over-earning is because the environmental services side of the business (60%) holds a more than offsetting amount of appeal, both from organic growth expectations and from acquisitions, like the $156M purchase of Patriot Environmental Services announced on 30 June 2022. On the 28 July Q2 earnings report conference call, HCCI’s management quantified the valuation paid for Patriot Environmental as 5.5x actual 2021 EBITDA, but 9x normalised 2021 EBITDA (excluding one big unusual contract). But, after cost saving synergies expected in year 1 of $7M, the post-synergies multiple paid drops back to 6.5x. A seemingly smart deal that is a continuation of their 22-year track record of growing organically and with accretive M&A.
Article d’analyse • Jul 21

Returns On Capital Are Showing Encouraging Signs At Heritage-Crystal Clean (NASDAQ:HCCI)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Seeking Alpha • Jun 27

Heritage-Crystal Clean: Not A Bad Prospect Despite Its Issues

Heritage-Crystal Clean has had a mixed operating history over the past few years, but recent financial performance is encouraging. The company is benefiting from a favorable trend, but investors should not expect current trends to last forever. Even in the event that financial performance worsens a great deal, though, the company does not look like a bad prospect.
Seeking Alpha • Apr 13

Heritage-Crystal Clean: Upside Exists But The Easy Money Has Been Made

We advised the subscribers to our research to buy HCCI at $14 per share in September 2020. The business has been running smoothly over the last twelve months while Heritage-Crystal Clean has maintained a rock-solid balance sheet. Sector outlook is positive. Although the easy money has been made, HCCI stock still has upside potential from $28 per share for investors with an investment horizon of 2-5 years.
Seeking Alpha • Jan 11

Heritage-Crystal Clean: Undervalued And Yet Still Outperforming Its Peers

Heritage-Crystal Clean is an under-the-radar company, but its stock performance is notable, beating the S&P 500 for the last five years. Cash flows from operations have more than doubled thanks in part to higher base oil prices and several quarters of record EBITDA. The Company’s growing cash balance and pristine cash balance position the Company well for 2022. I rate Heritage-Crystal Clean as a BUY and explain why it deserves a small position in a prospective investor’s portfolio.
Article d’analyse • Dec 28

Heritage-Crystal Clean's (NASDAQ:HCCI) Returns On Capital Are Heading Higher

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Article d’analyse • Dec 01

Is Now The Time To Put Heritage-Crystal Clean (NASDAQ:HCCI) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Article d’analyse • Oct 19

An Intrinsic Calculation For Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Suggests It's 34% Undervalued

In this article we are going to estimate the intrinsic value of Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ) by taking...
Article d’analyse • Sep 28

At US$30.00, Is It Time To Put Heritage-Crystal Clean, Inc (NASDAQ:HCCI) On Your Watch List?

Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ), might not be a large cap stock, but it saw a double-digit share price rise...
Article d’analyse • Jun 04

Heritage-Crystal Clean (NASDAQ:HCCI) May Have Issues Allocating Its Capital

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Article d’analyse • Apr 06

A Look At The Fair Value Of Heritage-Crystal Clean, Inc (NASDAQ:HCCI)

Today we will run through one way of estimating the intrinsic value of Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ) by...
Article d’analyse • Mar 22

Does Heritage-Crystal Clean (NASDAQ:HCCI) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Article d’analyse • Mar 07

Why Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Could Be Worth Watching

Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ), is not the largest company out there, but it saw a significant share price...
Article d’analyse • Feb 05

Can You Imagine How Jubilant Heritage-Crystal Clean's (NASDAQ:HCCI) Shareholders Feel About Its 197% Share Price Gain?

When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares...
Article d’analyse • Jan 21

Heritage-Crystal Clean, Inc's (NASDAQ:HCCI) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Heritage-Crystal Clean (NASDAQ:HCCI) has had a great run on the share market with its stock up by a significant 42...
Article d’analyse • Jan 06

An Intrinsic Calculation For Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Suggests It's 20% Undervalued

How far off is Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ) from its intrinsic value? Using the most recent financial...
Article d’analyse • Dec 22

Does Heritage-Crystal Clean's (NASDAQ:HCCI) CEO Salary Compare Well With Industry Peers?

Brian Recatto became the CEO of Heritage-Crystal Clean, Inc ( NASDAQ:HCCI ) in 2017, and we think it's a good time to...
Article d’analyse • Dec 09

Here's Why Heritage-Crystal Clean (NASDAQ:HCCI) Can Manage Its Debt Responsibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Article d’analyse • Nov 26

At US$21.11, Is It Time To Put Heritage-Crystal Clean, Inc (NASDAQ:HCCI) On Your Watch List?

Heritage-Crystal Clean, Inc (NASDAQ:HCCI), is not the largest company out there, but it saw a significant share price...

Analyse de la rémunération des PDG

Comment la rémunération de Brian Recatto a-t-elle évolué par rapport aux bénéfices de Heritage-Crystal Clean?
DateRémunération totaleSalaireBénéfices de l'entreprise
Jun 30 2023n/an/a

US$76m

Mar 31 2023n/an/a

US$88m

Dec 31 2022US$2mUS$474k

US$85m

Sep 10 2022n/an/a

US$75m

Jun 18 2022n/an/a

US$71m

Mar 26 2022n/an/a

US$65m

Jan 01 2022US$13mUS$458k

US$61m

Sep 11 2021n/an/a

US$48m

Jun 19 2021n/an/a

US$34m

Mar 27 2021n/an/a

US$16m

Jan 02 2021US$845kUS$413k

US$12m

Sep 05 2020n/an/a

US$4m

Jun 13 2020n/an/a

US$6m

Mar 21 2020n/an/a

US$16m

Dec 28 2019US$2mUS$437k

US$8m

Sep 07 2019n/an/a

US$13m

Jun 15 2019n/an/a

US$13m

Mar 23 2019n/an/a

US$12m

Dec 29 2018US$2mUS$416k

US$15m

Sep 08 2018n/an/a

US$24m

Jun 16 2018n/an/a

US$22m

Mar 24 2018n/an/a

US$23m

Dec 30 2017US$5mUS$319k

US$28m

Sep 09 2017n/an/a

US$20m

Jun 17 2017n/an/a

US$17m

Mar 25 2017n/an/a

US$12m

Dec 31 2016US$161kn/a

US$6m

Rémunération vs marché: La rémunération totale de Brian ($USD 1.71M ) est inférieure à la moyenne des entreprises de taille similaire sur le marché US ($USD 3.54M ).

Rémunération et revenus: La rémunération de Brian a été cohérente avec les performances de l'entreprise au cours de l'année écoulée.

PDG

Brian Recatto (58 yo)

6.7yrs
Titularisation
US$1,709,081
Compensation

Mr. Brian J. Recatto has been the Chief Executive Officer and President of Heritage-Crystal Clean, Inc. since February 01, 2017. Mr. Recatto has served as Chief Executive Officer and President at OMNI Ener...

Équipe de direction

NomPositionTitularisationCompensationPropriété
Brian Recatto
CEO, President & Director6.7yrsUS$1.71m3.09%
$ 34.3m
Mark DeVita
CFO & Executive VP11.8yrsUS$822.77k0.44%
$ 4.9m
Ellie Bruce
Executive Vice President of Business Management & Marketing7.8yrsUS$725.13k0.26%
$ 2.9m
Craig Rose
Chief Information Officerno datapas de donnéespas de données
David Chameli
VP, General Counsel & Secretaryno datapas de donnéespas de données
Matthew Snyder
Corporate Controllerno datapas de donnéespas de données
7.8yrs
Durée moyenne de l'emploi
58yo
Âge moyen

Gestion expérimentée: L'équipe dirigeante de HCCI est chevronnée et expérimentée (7.8 années d'ancienneté moyenne).

Membres du conseil d'administration

NomPositionTitularisationCompensationPropriété
Brian Recatto
CEO, President & Director11.3yrsUS$1.71m3.09%
$ 34.3m
Bruce Bruckmann
Independent Non-Employee Director19.8yrsUS$165.00k0.52%
$ 5.8m
Fred Fehsenfeld
Chairman of the Board24.8yrsUS$160.00k8.18%
$ 90.6m
Charles Schalliol
Independent Non-Employee Director15.6yrsUS$175.00k0.24%
$ 2.6m
Mary Patricia Thompson
Independent Non-Employee Director1.3yrsUS$69.26k0.014%
$ 153.0k
Robert Willmschen
Independent Non-Employee Director15.6yrsUS$175.00k0.21%
$ 2.3m
Paul Schumacher
Director5.8yrsUS$160.00k0.13%
$ 1.5m
15.6yrs
Durée moyenne de l'emploi
70yo
Âge moyen

Conseil d'administration expérimenté: Le conseil d'administration de la HCCI est chevronné et expérimenté ( 15.6 années d'ancienneté moyenne).

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2023/10/18 02:32
Cours de l'action en fin de journée2023/10/16 00:00
Les revenus2023/06/30
Revenus annuels2022/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github ; nous proposons également des guides sur la façon d’utiliser nos rapports et des tutoriels sur YouTube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Heritage-Crystal Clean, Inc est couverte par 12 analystes. 4 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
David MantheyBaird
Alexander ParisBarrington Research Associates, Inc.
Kevin SteinkeBarrington Research Associates, Inc.