Loading...
SES logo

SECURE Waste Infrastructure Corp.TSX:SES Stock Report

Market Cap CA$4.4b
Share Price
CA$20.18
n/a
1Y40.5%
7D4.3%
Portfolio Value
View

SECURE Waste Infrastructure Corp.

TSX:SES Stock Report

Market Cap: CA$4.4b

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
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health3/6
Dividends4/6

SES Community Fair Values

Create Narrative

See what 50 others think this stock is worth. Follow their fair value or set your own to get alerts.

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$20.18
52 Week HighCA$21.15
52 Week LowCA$12.04
Beta0.88
1 Month Change6.49%
3 Month Change16.85%
1 Year Change40.53%
3 Year Change229.20%
5 Year Change413.49%
Change since IPO550.97%

Recent News & Updates

SECURE Waste Infrastructure (TSE:SES) Has A Somewhat Strained Balance Sheet

Jan 13
SECURE Waste Infrastructure (TSE:SES) Has A Somewhat Strained Balance Sheet

Recent updates

SECURE Waste Infrastructure (TSE:SES) Has A Somewhat Strained Balance Sheet

Jan 13
SECURE Waste Infrastructure (TSE:SES) Has A Somewhat Strained Balance Sheet

SECURE Waste Infrastructure (TSE:SES) Has Affirmed Its Dividend Of CA$0.10

Dec 19
SECURE Waste Infrastructure (TSE:SES) Has Affirmed Its Dividend Of CA$0.10

Optimistic Investors Push SECURE Waste Infrastructure Corp. (TSE:SES) Shares Up 27% But Growth Is Lacking

Oct 07
Optimistic Investors Push SECURE Waste Infrastructure Corp. (TSE:SES) Shares Up 27% But Growth Is Lacking

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
User avatar

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%

Shareholder Returns

SESCA Oil and GasCA Market
7D4.3%3.0%-1.8%
1Y40.5%46.7%32.6%

Return vs Industry: SES underperformed the Canadian Oil and Gas industry which returned 47.7% over the past year.

Return vs Market: SES exceeded the Canadian Market which returned 35% over the past year.

Price Volatility

Is SES's price volatile compared to industry and market?
SES volatility
SES Average Weekly Movement4.3%
Oil and Gas Industry Average Movement8.8%
Market Average Movement10.8%
10% most volatile stocks in CA Market19.5%
10% least volatile stocks in CA Market3.7%

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 (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20071,937Allen Granschsecure.ca

SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. The company operates through two segments: Waste Management and Energy Infrastructure. The Waste Management segment manages a network of permitted processing, recovery, and disposal infrastructure, optimizing the handling of hazardous and non-hazardous liquids, solids, emulsions, and industrial by-products, enabling recycling of metals and recovered oil, and offering compliant long-term solutions for residual waste; specialty chemical solutions are used to enhance processing efficiency and reduce waste intensity; metal recycling, drilling waste management, water disposal, and landfill disposal; and integrated network includes waste transfer stations, waste processing facilities, produced water pipelines, metals recycling, industrial landfills, generating highly recurring, infrastructure-driven cash flows supported by significant regulatory and capital barriers to entry.

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$4.41b
Earnings (TTM)CA$123.00m
Revenue (TTM)CA$1.47b
35.7x
P/E Ratio
3.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SES income statement (TTM)
RevenueCA$1.47b
Cost of RevenueCA$1.05b
Gross ProfitCA$421.00m
Other ExpensesCA$298.00m
EarningsCA$123.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.56
Gross Margin28.60%
Net Profit Margin8.36%
Debt/Equity Ratio108.5%

How did SES perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
73%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/13 18:40
End of Day Share Price 2026/03/13 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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 18 analysts. 6 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 Cormark
John GibsonBMO Capital Markets Equity Research
Anthony PetrucciCanaccord Genuity