Cleanaway Waste Management
Market Cap
AU$5.0b
Last Updated
2020/12/02 07:01 UTC
Data Sources
Company Financials +
Executive Summary
Cleanaway Waste Management Limited provides waste management, industrial, and environmental services in Australia. More Details
Rewards
Risk Analysis
No risks detected for CWY from our risk checks.
Snowflake Analysis
Mediocre balance sheet with questionable track record.
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Share Price & News
How has Cleanaway Waste Management's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CWY is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CWY's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
5.4%
CWY
1.6%
AU Commercial Services
-1.1%
AU Market
1 Year Return
22.3%
CWY
-10.6%
AU Commercial Services
1.7%
AU Market
Return vs Industry: CWY exceeded the Australian Commercial Services industry which returned -13% over the past year.
Return vs Market: CWY exceeded the Australian Market which returned 0% over the past year.
Shareholder returns
| CWY | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.4% | 1.6% | -1.1% |
| 30 Day | 22.3% | 15.9% | 10.8% |
| 90 Day | -2.7% | 3.2% | 8.1% |
| 1 Year | 24.4%22.3% | -8.3%-10.6% | 5.2%1.7% |
| 3 Year | 86.4%74.4% | 12.0%0.3% | 24.1%8.7% |
| 5 Year | 319.0%278.9% | 42.2%18.8% | 58.8%26.5% |
Long-Term Price Volatility Vs. Market
How volatile is Cleanaway Waste Management's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Cleanaway Waste Management (ASX:CWY) Has Gifted Shareholders With A Fantastic 291% Total Return On Their Investment3 weeks ago | Simply Wall St
Has Cleanaway Waste Management Limited's (ASX:CWY) Impressive Stock Performance Got Anything to Do With Its Fundamentals?1 month ago | Simply Wall St
Estimating The Fair Value Of Cleanaway Waste Management Limited (ASX:CWY)Valuation
Is Cleanaway Waste Management undervalued compared to its fair value and its price relative to the market?
45.77x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CWY (A$2.52) is trading above our estimate of fair value (A$1.75)
Significantly Below Fair Value: CWY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CWY is poor value based on its PE Ratio (45.8x) compared to the AU Commercial Services industry average (19.5x).
PE vs Market: CWY is poor value based on its PE Ratio (45.8x) compared to the Australian market (22.7x).
Price to Earnings Growth Ratio
PEG Ratio: CWY is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: CWY's PB Ratio (2x) is in line with the AU Commercial Services industry average.
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Future Growth
How is Cleanaway Waste Management forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
14.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWY's forecast earnings growth (14.8% per year) is above the savings rate (2.3%).
Earnings vs Market: CWY's earnings (14.8% per year) are forecast to grow slower than the Australian market (17.9% per year).
High Growth Earnings: CWY's earnings are forecast to grow, but not significantly.
Revenue vs Market: CWY's revenue (3.5% per year) is forecast to grow slower than the Australian market (5.1% per year).
High Growth Revenue: CWY's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CWY's Return on Equity is forecast to be low in 3 years time (7.4%).
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Past Performance
How has Cleanaway Waste Management performed over the past 5 years?
30.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWY has high quality earnings.
Growing Profit Margin: CWY's current net profit margins (4.8%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: CWY has become profitable over the past 5 years, growing earnings by 30.5% per year.
Accelerating Growth: CWY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CWY had negative earnings growth (-6.2%) over the past year, making it difficult to compare to the Commercial Services industry average (2.6%).
Return on Equity
High ROE: CWY's Return on Equity (4.4%) is considered low.
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Financial Health
How is Cleanaway Waste Management's financial position?
Financial Position Analysis
Short Term Liabilities: CWY's short term assets (A$470.3M) do not cover its short term liabilities (A$519.9M).
Long Term Liabilities: CWY's short term assets (A$470.3M) do not cover its long term liabilities (A$1.4B).
Debt to Equity History and Analysis
Debt Level: CWY's debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: CWY's debt to equity ratio has increased from 20.1% to 24.4% over the past 5 years.
Debt Coverage: CWY's debt is well covered by operating cash flow (63.9%).
Interest Coverage: CWY's interest payments on its debt are well covered by EBIT (37.4x coverage).
Balance Sheet
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Dividend
What is Cleanaway Waste Management current dividend yield, its reliability and sustainability?
1.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CWY's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.06%).
High Dividend: CWY's dividend (1.67%) is low compared to the top 25% of dividend payers in the Australian market (5.03%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CWY has been paying a dividend for less than 10 years.
Growing Dividend: CWY's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.5%), CWY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CWY's dividends in 3 years are forecast to be covered by earnings (55.8% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Vik Bansal
5.33yrs
Tenure
AU$2,608,128
Compensation
Mr. Vikas Bansal, also known as Vik, has been the Chief Executive Officer and Managing Director at Cleanaway Waste Management Limited since August 03, 2015. Mr. Bansal has been an Executive Director at Cle...
CEO Compensation Analysis
Compensation vs Market: Vik's total compensation ($USD1.92M) is about average for companies of similar size in the Australian market ($USD1.88M).
Compensation vs Earnings: Vik's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 5.33yrs | AU$2.61m | 0.13% A$ 6.4m | |
| Chief Financial Officer | 6.25yrs | AU$986.52k | 0.041% A$ 2.0m | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Company Secretary | 6.75yrs | no data | no data | |
| Executive General Manager of Human Resources | 5yrs | no data | no data |
5.8yrs
Average Tenure
Experienced Management: CWY's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 5.33yrs | AU$2.61m | 0.13% A$ 6.4m | |
| Independent Non-Executive Director | 7.75yrs | AU$192.50k | 0.0014% A$ 71.4k | |
| Independent Non-Executive Director | 9.67yrs | AU$201.50k | 0.0061% A$ 301.0k | |
| Independent Non-Executive Chairman | 4.25yrs | AU$370.00k | 0.0076% A$ 377.4k | |
| Independent Non-Executive Director | 9.33yrs | AU$181.00k | 0.0061% A$ 303.0k | |
| Independent Non-Executive Director | 6.58yrs | AU$192.50k | 0.0040% A$ 199.4k | |
| Independent Non-Executive Director | 8.67yrs | AU$181.00k | 0.0024% A$ 119.0k | |
| Independent Non-Executive Director | 1.08yrs | AU$116.17k | no data |
7.2yrs
Average Tenure
64yo
Average Age
Experienced Board: CWY's board of directors are considered experienced (7.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cleanaway Waste Management Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cleanaway Waste Management Limited
- Ticker: CWY
- Exchange: ASX
- Founded: 2002
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: AU$4.959b
- Shares outstanding: 2.06b
- Website: https://www.cleanaway.com.au
Number of Employees
Location
- Cleanaway Waste Management Limited
- 441 St Kilda Road
- Level 4
- Melbourne
- Victoria
- 3004
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CWY | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | May 2005 |
| TSPC.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 2005 |
| TG9 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 2005 |
| CWY | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | May 2005 |
Biography
Cleanaway Waste Management Limited provides waste management, industrial, and environmental services in Australia. It operates through three segments: Solid Waste Services, Industrial & Waste Services, and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/02 07:01 |
| End of Day Share Price | 2020/12/02 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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 here.