How does TG9's PE Ratio compare to its peers?

TG9 is expensive based on its Price-To-Earnings Ratio (40.9x) compared to the peer average (9.5x).

How does TG9's PE Ratio compare vs other companies in the European Commercial Services Industry?

TG9 is expensive based on its Price-To-Earnings Ratio (40.9x) compared to the European Commercial Services industry average (14.6x).

What is TG9's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TG9 is expensive based on its Price-To-Earnings Ratio (40.9x) compared to the estimated Fair Price-To-Earnings Ratio (14.8x).

What is the Fair Price of TG9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TG9 (€1.72) is trading below our estimate of [[fair value]] (€2.09)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Cleanaway Waste Management (DB:TG9) - Stock Price, News & Analysis

TG9 Stock Overview

Provides waste management, industrial, and environmental services in Australia. More details

TG9 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	4/6
Financial Health	3/6
Dividends	5/6

Rewards

Trading at 17.4% below our estimate of its fair value

Earnings are forecast to grow 15.94% per year

Earnings grew by 625% over the past year

Pays a reliable dividend of 1.78%

Risk Analysis

TG9 passed our risk checks.

Cleanaway Waste Management Limited Competitors

Befesa

XTRA:BFSA

€740.0m

Bilfinger

XTRA:GBF

€1.7b

CEWE Stiftung KGaA

XTRA:CWC

€691.2m

Fomento de Construcciones y Contratas

BME:FCC

€4.2b

Price History & Performance

Summary of all time highs, changes and price drops for Cleanaway Waste Management
Historical stock prices
Current Share Price	AU$1.72
52 Week High	AU$1.84
52 Week Low	AU$1.42
Beta	0.86
11 Month Change	1.98%
3 Month Change	1.68%
1 Year Change	17.98%
33 Year Change	-4.83%
5 Year Change	34.57%
Change since IPO	141.25%

Recent updates

Shareholder Returns

	TG9	DE Commercial Services	DE Market
7D	1.3%	-1.9%	-0.02%
1Y	18.0%	-13.5%	8.2%

Return vs Industry: TG9 exceeded the German Commercial Services industry which returned -13.5% over the past year.

Return vs Market: TG9 exceeded the German Market which returned 8.2% over the past year.

Price Volatility

Is TG9's price volatile compared to industry and market?
TG9 volatility
TG9 Average Weekly Movement	5.7%
Commercial Services Industry Average Movement	4.3%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: TG9 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: TG9's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	7,900	Mark Schubert	www.cleanaway.com.au

Cleanaway Waste Management Limited provides waste management, industrial, and environmental services in Australia. The company operates through three segments: Solid Waste Services, Industrial & Waste Services, and Liquid Waste & Health Services. It offers commercial and industrial, municipal, and residential collection services for various types of solid waste streams, including general waste, recyclables, construction, and demolition waste, as well as medical and washroom services.

Cleanaway Waste Management Limited Fundamentals Summary

How do Cleanaway Waste Management's earnings and revenue compare to its market cap?
TG9 fundamental statistics
Market cap	€4.00b
Earnings (TTM)	€97.73m
Revenue (TTM)	€2.35b

40.9x

P/E Ratio

1.7x

P/S Ratio

Is TG9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TG9 income statement (TTM)
Revenue	AU$3.76b
Cost of Revenue	AU$2.85b
Gross Profit	AU$911.60m
Other Expenses	AU$755.00m
Earnings	AU$156.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.07
Gross Margin	24.26%
Net Profit Margin	4.17%
Debt/Equity Ratio	37.5%

How did TG9 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

71%

Payout Ratio

TG9 Stock Overview

Rewards

Risk Analysis

Cleanaway Waste Management Limited Competitors

XTRA:BFSA

€740.0m

XTRA:GBF

€1.7b

XTRA:CWC

€691.2m

BME:FCC

€4.2b

Price History & Performance

Recent News & Updates

Now 21% undervalued

Upcoming dividend of AU$0.025 per share

Now 20% undervalued after recent price drop

Final dividend of AU$0.025 announced

Full year 2024 earnings released: EPS: AU$0.07 (vs AU$0.01 in FY 2023)

Cleanaway Waste Management Limited, Annual General Meeting, Oct 25, 2024

Recent updates

Now 21% undervalued

Upcoming dividend of AU$0.025 per share

Now 20% undervalued after recent price drop

Final dividend of AU$0.025 announced

Full year 2024 earnings released: EPS: AU$0.07 (vs AU$0.01 in FY 2023)

Cleanaway Waste Management Limited, Annual General Meeting, Oct 25, 2024

Cleanaway Waste Management Limited to Report Fiscal Year 2024 Results on Aug 21, 2024

Cleanaway Waste Management Limited Announces Board Changes

Upcoming dividend of AU$0.025 per share

First half dividend of AU$0.025 announced

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.022 in 1H 2023)

Cleanaway Waste Management Limited to Report Q2, 2024 Results on Feb 16, 2024

Now 20% undervalued after recent price drop

Cleanaway Waste Management Limited Provides Earnings Guidance for the Fiscal Year 2024

Now 21% undervalued after recent price drop

Cleanaway Waste Management Limited Announces Appointment of Chairman and Committee Changes

Upcoming dividend of AU$0.025 per share at 1.9% yield

New major risk - Dividend sustainability

Cleanaway Waste Management Limited Declares Unfranked Dividend for the Six Months Ended June 30, 2023, Payable on 6 October 2023

Full year 2023 earnings released: EPS: AU$0.066 (vs AU$0.038 in FY 2022)

Cleanaway Waste Management Limited, Annual General Meeting, Oct 20, 2023

Cleanaway Waste Management Limited (ASX:CWY) entered into a binding agreement to acquire Australian Eco Oils Pty Limited for AUD 39 million.

Now 21% undervalued

High number of new directors

Cleanaway Waste Management Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

Cleanaway Waste Management Limited Announces Board Changes

Cleanaway Waste Management Limited Announces Executive Changes

Cleanaway Waste Management Limited Appoints Clive Stiff as Independent Non-Executive Director

First half 2023 earnings released: EPS: AU$0.022 (vs AU$0.025 in 1H 2022)

Cleanaway Waste Management Limited Announces Executive Changes

Cleanaway Waste Management Limited to Report First Half, 2023 Results on Feb 23, 2023

High number of new directors

High number of new directors

High number of new directors

Independent Non-Executive Director recently bought €58k worth of stock

Cleanaway Waste Management Limited Announces Ordinary Unfranked Dividend for the Six Months Ended June 30, 2022, Payable on October 7, 2022

Upcoming dividend of AU$0.025 per share

Cleanaway Waste Management Limited Announces Retirement of Mike Harding as Non-Executive Director

Cleanaway Waste Management Limited (ASX:CWY) completed the acquisition of Global Renewables Australia Pty Limited for approximately AUD 170 million.

Cleanaway Waste Management Limited has completed a Follow-on Equity Offering in the amount of AUD 350 million.

Cleanaway Waste Management Limited has completed a Follow-on Equity Offering in the amount of AUD 350 million.

Cleanaway Waste Management Limited Provides Earnings Guidance for the Year 2023

Cleanaway Waste Management Limited, Annual General Meeting, Oct 22, 2022

Cleanaway Reportedly May Be on Macquarie's To-Buy List

Cleanaway Waste Management Limited Announces Appointment of Jackie Mcarthur as Non Executive Director

Cleanaway Waste Management Limited to Report Fiscal Year 2022 Results on Aug 19, 2022

Upcoming dividend of AU$0.025 per share

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Cleanaway Waste Management Limited Declares Interim Dividend for the Six Months Period Ending December 31, 2021, Payable on April 6, 2022

Cleanaway Waste Management Limited Declares Interim Dividend for the Period Ending December 31, 2021, Payable on April 6, 2022

Upcoming dividend of AU$0.024 per share

Full year 2021 earnings released: EPS AU$0.071 (vs AU$0.055 in FY 2020)

Cleanaway Waste Management Limited Appoints Ingrid Anne Player as Director

Cleanaway Considers Bid for Suez's Australian Operations

Executive Director has left the company

New 90-day low: €1.37

First half 2021 earnings released: EPS AU$0.038 (vs AU$0.023 in 1H 2020)

Revenue beats expectations

Cleanaway Waste Management Limited (ASX:CWY) acquired Grasshopper Holdings Pty Ltd.