Cleanaway Waste Management
Market Cap
AU$4.2b
Last Updated
2019/10/19 10:32 UTC
Data Sources
Company Financials +
Executive Summary
Cleanaway Waste Management Limited provides waste management, industrial, and environmental services in Australia.
Snowflake
Fundamentals
Excellent 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
Market Performance
7 Day Return
1.5%
CWY
1.5%
AU Commercial Services
0.4%
AU Market
1 Year Return
18.1%
CWY
10.8%
AU Commercial Services
9.8%
AU Market
Return vs Industry: CWY exceeded the Australian Commercial Services industry which returned 10.8% over the past year.
Return vs Market: CWY exceeded the Australian Market which returned 9.8% over the past year.
Shareholder returns
| CWY | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | 1.5% | 0.4% |
| 30 Day | 2.5% | 2.0% | -1.1% |
| 90 Day | -15.9% | -3.9% | -0.6% |
| 1 Year | 20.1%18.1% | 15.4%10.8% | 16.1%9.8% |
| 3 Year | 87.1%75.3% | 27.2%14.4% | 36.1%17.9% |
| 5 Year | 171.1%143.8% | 74.0%47.5% | 49.4%15.7% |
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
Here's What Cleanaway Waste Management Limited's (ASX:CWY) P/E Is Telling Us2 weeks ago | Simply Wall St
Cleanaway Waste Management (ASX:CWY) Has A Pretty Healthy Balance Sheet3 weeks ago | Simply Wall St
Announcing: Cleanaway Waste Management (ASX:CWY) Stock Increased An Energizing 142% In The Last Five YearsValuation
Is Cleanaway Waste Management undervalued compared to its fair value and its price relative to the market?
34.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: CWY (A$2.06) is trading above our estimate of fair value (A$1.29)
Significantly Undervalued: 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 (34.2x) compared to the Commercial Services industry average (19.6x).
PE vs Market: CWY is poor value based on its PE Ratio (34.2x) compared to the Australian market (18.2x).
Price to Earnings Growth Ratio
Low PEG Ratio: CWY is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: CWY is good value based on its PB Ratio (1.6x) compared to the AU Commercial Services industry average (2.2x).
Next Steps
Future Growth
How is Cleanaway Waste Management forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
12.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWY's forecast earnings growth (12.4% per year) is above the savings rate (2.3%).
Earnings vs Market: CWY's earnings (12.4% per year) are forecast to grow faster than the Australian market (10.3% per year).
High Growth Earnings: CWY's earnings are forecast to grow, but not significantly.
Revenue vs Market: CWY's revenue (3.6% per year) is forecast to grow slower than the Australian market (3.6% per year).
High Growth Revenue: CWY's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: CWY's Return on Equity is forecast to be low in 3 years time (7.1%).
Next Steps
Past Performance
How has Cleanaway Waste Management performed over the past 5 years?
68.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CWY has become profitable over the past 5 years, growing earnings by 68.2% per year.
Accelerating Growth: CWY's earnings growth over the past year (18.9%) is below its 5-year average (68.2% per year).
Earnings vs Industry: CWY earnings growth over the past year (18.9%) underperformed the Commercial Services industry 20.4%.
Return on Equity
High ROE: CWY's Return on Equity (4.8%) is considered low.
Return on Assets
ROA vs Industry: CWY's Return on Assets is below or equal to the Commercial Services industry average last year.
Return on Capital Employed
ROCE Improving: CWY has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Cleanaway Waste Management's financial position?
Financial Position Analysis
Short Term Liabilities: CWY's short term assets (A$488.5M) exceeds its short term liabilities (A$477.5M)
Long Term Liabilities: CWY's short term assets (488.5M) do not cover its long term liabilities (1.1B)
Debt to Equity History and Analysis
Debt Level: CWY's debt to equity ratio (22.5%) is considered satisfactory
Reducing Debt: CWY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CWY's debt is well covered by operating cash flow (60.5%).
Interest Coverage: CWY's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
Inventory Level: CWY has a high level of physical assets or inventory.
Debt Coverage by Assets: CWY's debt is not covered by short term assets (assets are 0.8x debt).
Next Steps
Dividend
What is Cleanaway Waste Management's current dividend yield, its reliability and sustainability?
1.84%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: CWY's dividend (1.84%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: CWY's dividend (1.84%) is low compared to the top 25% of dividend payers in the Australian market (5.59%).
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 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.9%), 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 (53.6% payout ratio).
Next Steps
Management
What is the CEO of Cleanaway Waste Management's salary, the management and board of directors tenure and is there insider trading?
5.1yrs
Average management tenure
CEO
Vik Bansal 0
4.2yrs
Tenure
AU$4,374,374
Compensation
Mr. Vikas Bansal, also known as Vik, has been the Chief Executive Officer and Managing Director at Cleanaway Waste Management Limited since August 03, 2015. Mr. Bansal has been an Executive Director at Cle ...
CEO Compensation Analysis
Compensation vs. Market: Vik's total compensation ($USD2.99M) is about average for companies of similar size in the Australian market ($USD2.30M).
Compensation vs Earnings: Vik's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.1yrs
Average Tenure
Experienced Management: CWY's management team is seasoned and experienced (5.1 years average tenure).
Board Age and Tenure
6.6yrs
Average Tenure
64yo
Average Age
Experienced Board: CWY's board of directors are considered experienced (6.6 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 180,512 |
| Max Price | AU$2.33 |
| Entity | Company |
| Shares | 16,647,995 |
| Max Price | AU$2.40 |
| Entity | Company |
| Shares | 95,874 |
| Max Price | AU$2.07 |
| Entity | Company |
| Shares | 16,939,176 |
| Max Price | AU$2.37 |
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| Shares | 1,917,426 |
| Max Price | AU$2.28 |
| Entity | Company |
| Shares | 9,057,775 |
| Max Price | AU$2.47 |
| Entity | Company |
| Shares | 95,536,881 |
| Max Price | AU$2.29 |
| Entity | Company |
| Shares | 53,254,692 |
| Max Price | AU$2.46 |
| Entity | Company |
| Shares | 12,076,813 |
| Max Price | AU$2.25 |
| Entity | Company |
| Shares | 108,506 |
| Max Price | AU$1.61 |
| Entity | Company |
| Shares | 30,429,435 |
| Max Price | AU$2.26 |
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| Shares | 203,819 |
| Max Price | AU$2.16 |
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| Shares | 104,050 |
| Max Price | AU$1.95 |
| Entity | Company |
| Shares | 3,674,319 |
| Max Price | AU$2.27 |
| Entity | Company |
| Shares | 3,123,576 |
| Max Price | AU$2.22 |
| Entity | Company |
| Shares | 7,684 |
| Max Price | AU$2.21 |
| Entity | Individual |
| Role | Chairman of the Board Independent Non-Executive Chairman |
| Shares | 29,000 |
| Max Price | AU$2.11 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 10,000 |
| Max Price | AU$2.14 |
| Entity | Company |
| Shares | 17,939,435 |
| Max Price | AU$2.09 |
| Entity | Company |
| Shares | 1,817,662 |
| Max Price | AU$1.68 |
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| Shares | 23,124,734 |
| Max Price | AU$2.18 |
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| Shares | 2,967,388 |
| Max Price | AU$1.86 |
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| Shares | 3,450 |
| Max Price | AU$1.87 |
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| Shares | 2,000 |
| Max Price | AU$1.83 |
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| Shares | 1,197,238 |
| Max Price | AU$1.83 |
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| Shares | 24,668 |
| Max Price | AU$1.72 |
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| Shares | 153,139 |
| Max Price | AU$1.75 |
| Entity | Company |
| Shares | 7,051,411 |
| Max Price | AU$1.99 |
| Entity | Company |
| Shares | 5,010,481 |
| Max Price | AU$2.02 |
Ownership Breakdown
Management Team
Vik Bansal
CEO, MD & Executive Director
- Tenure: 4.2yrs
- Compensation: AU$4.37m
Brendan Gill
Chief Financial Officer
- Tenure: 5.1yrs
- Compensation: AU$1.50m
Frank Sufferini
Head of Investor Relations & Corporate Affairs
- Tenure: 8yrs
Dan Last
General Counsel & Company Secretary
- Tenure: 5.6yrs
Johanna Birgersson
Executive General Manager of Human Resources
- Tenure: 3.8yrs
Board Members
Mike Harding (70yo)
Independent Non-Executive Director
- Tenure: 6.6yrs
- Compensation: AU$174.50k
Ray Smith (72yo)
Independent Non-Executive Director
- Tenure: 8.5yrs
- Compensation: AU$185.00k
Mark Chellew (62yo)
Independent Non-Executive Chairman
- Tenure: 3.1yrs
- Compensation: AU$330.00k
Emma Stein (58yo)
Independent Non-Executive Director
- Tenure: 8.2yrs
- Compensation: AU$164.00k
Philippe Etienne (64yo)
Independent Non-Executive Director
- Tenure: 5.4yrs
- Compensation: AU$174.50k
Terry Sinclair
Independent Non-Executive Director
- Tenure: 7.5yrs
- Compensation: AU$164.00k
Vik Bansal
CEO, MD & Executive Director
- Tenure: 4.2yrs
- Compensation: AU$4.37m
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$4.226b
- Shares outstanding: 2.05b
- 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 |
| 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 | 2019/10/19 10:32 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.