TSXV:EWS

Stock Analysis Report

Environmental Waste International

Executive Summary

Environmental Waste International Inc., together with its subsidiaries, designs and develops environmental products for waste treatment and disposal in Canada and the United States.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Environmental Waste International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EWS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

EWS

1.0%

CA Commercial Services

0.6%

CA Market


1 Year Return

-18.2%

EWS

31.5%

CA Commercial Services

5.3%

CA Market

Return vs Industry: EWS underperformed the Canadian Commercial Services industry which returned 31.5% over the past year.

Return vs Market: EWS underperformed the Canadian Market which returned 5.3% over the past year.


Shareholder returns

EWSIndustryMarket
7 Day0%1.0%0.6%
30 Day12.5%5.3%1.0%
90 Day-18.2%14.3%4.5%
1 Year-18.2%-18.2%34.5%31.5%8.6%5.3%
3 Year80.0%80.0%55.5%46.2%18.0%7.4%
5 Year0%0%90.5%64.4%34.4%14.9%

Price Volatility Vs. Market

How volatile is Environmental Waste International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Environmental Waste International undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Environmental Waste International is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Environmental Waste International has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of EWS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Environmental Waste International regulatory filings.
  • Explore potentially undervalued companies in the Commercial Services industry.

Future Growth

How is Environmental Waste International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.5%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Environmental Waste International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Environmental Waste International performed over the past 5 years?

22.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EWS is currently unprofitable.

Growing Profit Margin: EWS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EWS is unprofitable, but has reduced losses over the past 5 years at a rate of 22.3% per year.

Accelerating Growth: Unable to compare EWS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EWS is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.1%).


Return on Equity

High ROE: EWS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Environmental Waste International's financial position?


Financial Position Analysis

Short Term Liabilities: EWS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: EWS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: EWS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: EWS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: EWS has a high level of physical assets or inventory.

Debt Coverage by Assets: EWS has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EWS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EWS has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 17.7% each year.


Next Steps

Dividend

What is Environmental Waste International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EWS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EWS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EWS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EWS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EWS's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Bob MacBean 0

5.3yrs

Tenure

CA$162,773

Compensation

Mr. W. H. Robert MacBean, also known as Bob, CPA, CMA, MBA, BA Sc., P.Eng., has been Corporate Secretary at Environmental Waste International Inc. since 2019. He has been the Chief Executive Officer of Env ...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD122.74K) is about average for companies of similar size in the Canadian market ($USD154.33K).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
W. H. MacBean
CEO, President5.3yrsCA$162.77k0.31% CA$29.6k
Steve Kantor
Chief Technology Officer6.8yrsCA$125.00k0.021% CA$2.1k
Karen Rutenberg
Consultant2.7yrsCA$26.50kno data
Michelle McDonald
Corporate Secretary3.8yrsno datano data

4.5yrs

Average Tenure

Experienced Management: EWS's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
W. H. MacBean
CEO, President5.3yrsCA$162.77k0.31% CA$29.6k
Robert Savage
Independent Director2.8yrsno datano data
Emanuel Gerard
Independent Chairman of the Board6.4yrsno data3.3% CA$318.3k
Paul Orlin
Independent Director2.7yrsno data12.79% CA$1.2m
Sam Geist
Independent Director14.3yrsno data2.7% CA$260.3k
Glenn Myers
Independent Director3.8yrsno data0.0047% CA$450.5

4.5yrs

Average Tenure

Experienced Board: EWS's board of directors are considered experienced (4.5 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

Environmental Waste International Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Environmental Waste International Inc.
  • Ticker: EWS
  • Exchange: TSXV
  • Founded: 1992
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: CA$9.646m
  • Shares outstanding: 214.36m
  • Website: https://www.ewi.ca

Location

  • Environmental Waste International Inc.
  • 360 Frankcom Street
  • Ajax
  • Ontario
  • L1S 1R5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EWSTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
YEWT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988
0UUELSE (London Stock Exchange)YesCommon SharesGBCADSep 1988

Biography

Environmental Waste International Inc., together with its subsidiaries, designs and develops environmental products for waste treatment and disposal in Canada and the United States. It researches, designs, develops, sells, and maintains systems based on the patented Reverse Polymerization process and related delivery system. The company offers systems for feed tire reduction, biological wastewater sterilization, shipboard food waste sterilization/dehydration, and batch-based infectious medical waste sterilization. Its tire system breaks the molecular bonds in tires and other rubber products and reduces them to their base components of carbon black, steel, and hydrocarbon vapors. The company also offers FS-6000 and FS-POD biocontainment and wastewater sterilization units; MD-1000, a three-stage, three chamber, medical waste reduction unit that produces a sterilized carbon residue; and AW-1000 to process and reduce animal waste into its constituents. Environmental Waste International Inc. was founded in 1992 and is based in Ajax, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 23:37
End of Day Share Price2020/02/13 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.