Heritage-Crystal Clean, Inc

NasdaqGS:HCCI 주식 리포트

시가총액: 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 경영진

경영진 기준 점검 4/4

Heritage-Crystal Clean CEO는 Brian Recatto, Feb2017 에 임명되었습니다 의 임기는 6.67 년입니다. 총 연간 보상은 $1.71M, 27.7% 급여 및 72.3% 보너스(회사 주식 및 옵션 포함)로 구성됩니다. 는 $34.27M 가치에 해당하는 회사 주식의 3.09% 직접 소유합니다. 경영진과 이사회의 평균 재임 기간은 7.8 년과 15.6 년입니다.

핵심 정보

Brian Recatto

최고경영자

US$1.7m

총 보수

CEO 급여 비율27.73%
CEO 재임 기간6.7yrs
CEO 지분 보유율3.1%
경영진 평균 재임 기간7.8yrs
이사회 평균 재임 기간15.6yrs

최근 경영진 업데이트

Recent updates

분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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%.
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...

CEO 보수 분석

Brian Recatto의 보수는 Heritage-Crystal Clean의 수익에 비해 어떻게 변했나요?
날짜총 보수급여회사 수익
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

보상 대 시장: Brian의 총 보수(USD1.71M)는 US 시장에서 비슷한 규모 기업의 평균(USD3.53M)보다 낮습니다.

보상과 수익: Brian의 보상은 지난 1년 동안 회사 실적과 일치했습니다.

CEO

Brian Recatto (58 yo)

6.7yrs
재임 기간
US$1,709,081
보수

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...

리더십 팀

이름직위재임 기간보수지분
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 data데이터 없음데이터 없음
David Chameli
VP, General Counsel & Secretaryno data데이터 없음데이터 없음
Matthew Snyder
Corporate Controllerno data데이터 없음데이터 없음
7.8yrs
평균 재임 기간
58yo
평균 나이

경험이 풍부한 관리: HCCI의 경영진은 노련하고 경험이 풍부합니다(평균 재임 7.8 년).

이사회 구성원

이름직위재임 기간보수지분
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
평균 재임 기간
70yo
평균 나이

경험이 풍부한 이사회: HCCI의 이사회는 노련하고 경험이 풍부합니다(평균 재임 15.6 년).

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2023/10/18 03:10
종가2023/10/16 00:00
수익2023/06/30
연간 수익2022/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

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분석 모델 및 스노우플레이크

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분석가 소스

Heritage-Crystal Clean, Inc는 12명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

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