SECURE Waste Infrastructure Corp.

TSX:SES Stock Report

Market Cap: CA$3.5b

SECURE Waste Infrastructure (SES) Stock Overview

Engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. More details

SES fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health4/6
Dividends5/6

Rewards

Trading at 47.4% below our estimate of its fair value

Earnings are forecast to grow 9.08% per year

Pays a reliable dividend of 2.57%

Risk Analysis

Has a high level of debt

Profit margins (1.9%) are lower than last year (6.1%)


SES Community Fair Values

Create Narrative

See what 44 others think this stock is worth. Follow their fair value or set your own to get alerts.

SES logo
SECURE Waste Infrastructure
AN
AnalystConsensusTarget
Consensus Narrative from 9 Analysts

Metal Recycling Acquisition And Expansions May Offset Revenue Challenges Ahead

Key Takeaways Strategic acquisitions and expansions are expected to create synergies and improve efficiencies, potentially enhancing net margins and revenue growth. A strong balance sheet enables investments in high-return growth projects and shareholder value initiatives, boosting earnings potential and EPS.
View narrative
CA$17.45
FV
10.7% undervalued intrinsic discount
-45.75%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
26users have followed this narrative
3 days ago author updated this narrative
View Stock Community

SECURE Waste Infrastructure Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for SECURE Waste Infrastructure
Historical stock prices
Current Share PriceCA$15.59
52 Week HighCA$17.13
52 Week LowCA$11.13
Beta1.26
1 Month Change4.56%
3 Month Change19.92%
1 Year Change30.68%
3 Year Change169.72%
5 Year Change844.85%
Change since IPO402.90%

Recent News & Updates

Recent updates

SECURE Waste Infrastructure (TSE:SES) Is Due To Pay A Dividend Of CA$0.10

Mar 21
SECURE Waste Infrastructure (TSE:SES) Is Due To Pay A Dividend Of CA$0.10
author-image

Metal Recycling Acquisition And Expansions May Offset Revenue Challenges Ahead

Strategic acquisitions and expansions are expected to create synergies and improve efficiencies, potentially enhancing net margins and revenue growth.

Is There An Opportunity With SECURE Waste Infrastructure Corp.'s (TSE:SES) 26% Undervaluation?

Feb 17
Is There An Opportunity With SECURE Waste Infrastructure Corp.'s (TSE:SES) 26% Undervaluation?

Should You Be Adding SECURE Waste Infrastructure (TSE:SES) To Your Watchlist Today?

Jan 25
Should You Be Adding SECURE Waste Infrastructure (TSE:SES) To Your Watchlist Today?

We Think Shareholders Should Be Aware Of Some Factors Beyond Secure Energy Services' (TSE:SES) Profit

Nov 06
We Think Shareholders Should Be Aware Of Some Factors Beyond Secure Energy Services' (TSE:SES) Profit

Improved Earnings Required Before Secure Energy Services Inc. (TSE:SES) Stock's 31% Jump Looks Justified

Nov 02
Improved Earnings Required Before Secure Energy Services Inc. (TSE:SES) Stock's 31% Jump Looks Justified

Secure Energy Services (TSE:SES) Is Paying Out A Dividend Of CA$0.10

Sep 23
Secure Energy Services (TSE:SES) Is Paying Out A Dividend Of CA$0.10

Is Secure Energy Services (TSE:SES) Using Too Much Debt?

Jul 25
Is Secure Energy Services (TSE:SES) Using Too Much Debt?

Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

Jun 21
Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability

May 03
We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability

A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)

Apr 07
A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)

Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

Mar 21
Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price

Feb 12
There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price

Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)

Jan 05
Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)

Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%

Dec 12
Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%

Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly

Nov 30
Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly

Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking

Oct 30
Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking

Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet

Aug 27
Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet

Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?

Jun 08
Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?

The Return Trends At Secure Energy Services (TSE:SES) Look Promising

Mar 20
The Return Trends At Secure Energy Services (TSE:SES) Look Promising

Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate

Feb 03
Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate

Shareholder Returns

SESCA Oil and GasCA Market
7D1.4%-0.2%1.4%
1Y30.7%5.6%19.9%

Return vs Industry: SES exceeded the Canadian Oil and Gas industry which returned 5.6% over the past year.

Return vs Market: SES exceeded the Canadian Market which returned 19.9% over the past year.

Price Volatility

Is SES's price volatile compared to industry and market?
SES volatility
SES Average Weekly Movement5.8%
Oil and Gas Industry Average Movement8.6%
Market Average Movement9.3%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.6%

Stable Share Price: SES has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: SES's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20071,817Allen Granschsecure.ca

SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through Waste Management and Energy Infrastructure segments. The Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer stations, metal recycling facilities, and specialty chemicals.

SECURE Waste Infrastructure Corp. Fundamentals Summary

How do SECURE Waste Infrastructure's earnings and revenue compare to its market cap?
SES fundamental statistics
Market capCA$3.47b
Earnings (TTM)CA$198.00m
Revenue (TTM)CA$10.50b
17.3x
P/E Ratio
0.3x
P/S Ratio

Is SES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SES income statement (TTM)
RevenueCA$10.50b
Cost of RevenueCA$10.08b
Gross ProfitCA$414.00m
Other ExpensesCA$216.00m
EarningsCA$198.00m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Jul 29, 2025

Earnings per share (EPS)0.90
Gross Margin3.94%
Net Profit Margin1.89%
Debt/Equity Ratio56.4%

How did SES perform over the long term?

See historical performance and comparison

Dividends

2.6%
Current Dividend Yield
49%
Payout Ratio

Does SES pay a reliable dividends?

See SES dividend history and benchmarks
When do you need to buy SES by to receive an upcoming dividend?
SECURE Waste Infrastructure dividend dates
Ex Dividend DateJun 30 2025
Dividend Pay DateJul 15 2025
Days until Ex dividend6 days
Days until Dividend pay date9 days

Does SES pay a reliable dividends?

See SES dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/04 19:54
End of Day Share Price 2025/07/04 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SECURE Waste Infrastructure Corp. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
John GibsonBMO Capital Markets Equity Research
Anthony PetrucciCanaccord Genuity