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Casella Waste Systems

DB:WA3
Snowflake Description

High growth potential with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WA3
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. The last earnings update was 56 days ago. More info.


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WA3 Share Price and Events
7 Day Returns
4.7%
DB:WA3
3.7%
DE Commercial Services
2.4%
DE Market
1 Year Returns
56.5%
DB:WA3
-8.3%
DE Commercial Services
-6.2%
DE Market
WA3 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Casella Waste Systems (WA3) 4.7% 0.6% 14.4% 56.5% 391.6% 755.7%
DE Commercial Services 3.7% 1.3% 10.8% -8.3% 3.8% -42%
DE Market 2.4% 3% 7.4% -6.2% 9.6% 14.1%
1 Year Return vs Industry and Market
  • WA3 outperformed the Commercial Services industry which returned -8.3% over the past year.
  • WA3 outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
WA3
Industry
5yr Volatility vs Market

WA3 Value

 Is Casella Waste Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Casella Waste Systems to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Casella Waste Systems.

DB:WA3 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:WA3
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.735 (1 + (1- 21%) (33.34%))
0.952
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.952 * 5.96%)
5.9%

Discounted Cash Flow Calculation for DB:WA3 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Casella Waste Systems is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:WA3 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5.9%)
2019 52.53 Analyst x3 49.61
2020 59.28 Analyst x3 52.86
2021 63.00 Est @ 6.28% 53.04
2022 65.81 Est @ 4.46% 52.32
2023 67.91 Est @ 3.19% 50.98
2024 69.48 Est @ 2.3% 49.25
2025 70.65 Est @ 1.68% 47.29
2026 71.53 Est @ 1.24% 45.21
2027 72.20 Est @ 0.94% 43.09
2028 72.72 Est @ 0.73% 40.99
Present value of next 10 years cash flows $484.64
DB:WA3 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $72.72 × (1 + 0.23%) ÷ (5.9% – 0.23%)
$1,284.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,284.59 ÷ (1 + 5.9%)10
$723.97
DB:WA3 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $484.64 + $723.97
$1,208.61
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,208.61 / 46.50
$25.99
DB:WA3 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:WA3 represents 0.87539x of NasdaqGS:CWST
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87539x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 25.99 x 0.87539
€22.75
Value per share (EUR) From above. €22.75
Current discount Discount to share price of €30.84
= -1 x (€30.84 - €22.75) / €22.75
-35.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Casella Waste Systems is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Casella Waste Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Casella Waste Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:WA3 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.15
NasdaqGS:CWST Share Price ** NasdaqGS (2019-04-18) in USD $35.23
Europe Commercial Services Industry PE Ratio Median Figure of 105 Publicly-Listed Commercial Services Companies 16.64x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.67x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Casella Waste Systems.

DB:WA3 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:CWST Share Price ÷ EPS (both in USD)

= 35.23 ÷ 0.15

234.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Casella Waste Systems is overvalued based on earnings compared to the Europe Commercial Services industry average.
  • Casella Waste Systems is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Casella Waste Systems's expected growth come at a high price?
Raw Data
DB:WA3 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 234.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
48.4%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 54 Publicly-Listed Commercial Services Companies 1.35x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

DB:WA3 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 234.25x ÷ 48.4%

4.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Casella Waste Systems is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Casella Waste Systems's assets?
Raw Data
DB:WA3 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-0.37
NasdaqGS:CWST Share Price * NasdaqGS (2019-04-18) in USD $35.23
Germany Commercial Services Industry PB Ratio Median Figure of 8 Publicly-Listed Commercial Services Companies 1.96x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.85x
DB:WA3 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:CWST Share Price ÷ Book Value per Share (both in USD)

= 35.23 ÷ -0.37

-95.53x

* Primary Listing of Casella Waste Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Casella Waste Systems has negative assets, we can't compare the value of its assets to the DE Commercial Services industry average.
X
Value checks
We assess Casella Waste Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Casella Waste Systems has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WA3 Future Performance

 How is Casella Waste Systems expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
48.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Casella Waste Systems expected to grow at an attractive rate?
  • Casella Waste Systems's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Casella Waste Systems's earnings growth is expected to exceed the Germany market average.
  • Casella Waste Systems's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:WA3 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:WA3 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 48.4%
DB:WA3 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 5.9%
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 31.1%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:WA3 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:WA3 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 892 1
2022-12-31 847 1
2021-12-31 809 54 2
2020-12-31 757 142 46 4
2019-12-31 720 121 37 5
DB:WA3 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 661 121 6
2018-09-30 637 118 40
2018-06-30 625 116 30
2018-03-31 613 110 -25
2017-12-31 599 108 -22
2017-09-30 592 103 -54
2017-06-30 583 85 -58
2017-03-31 573 89 1
2016-12-31 565 80 -7
2016-09-30 561 86 -2
2016-06-30 556 82 -7
2016-03-31 555 78 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Casella Waste Systems's earnings are expected to grow significantly at over 20% yearly.
  • Casella Waste Systems's revenue is expected to grow by 5.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:WA3 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Casella Waste Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WA3 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.08 1.16 0.99 2.00
2020-12-31 0.95 1.05 0.86 5.00
2019-12-31 0.77 0.81 0.71 5.00
DB:WA3 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.15
2018-09-30 0.94
2018-06-30 0.71
2018-03-31 -0.61
2017-12-31 -0.52
2017-09-30 -1.29
2017-06-30 -1.40
2017-03-31 0.01
2016-12-31 -0.17
2016-09-30 -0.05
2016-06-30 -0.17
2016-03-31 -0.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Casella Waste Systems is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Casella Waste Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Casella Waste Systems has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WA3 Past Performance

  How has Casella Waste Systems performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Casella Waste Systems's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Casella Waste Systems's year on year earnings growth rate has been positive over the past 5 years.
  • Casella Waste Systems has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Casella Waste Systems has become profitable in the last year making it difficult to compare the Europe Commercial Services industry average.
Earnings and Revenue History
Casella Waste Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Casella Waste Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WA3 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 660.66 6.42 84.79
2018-09-30 637.16 40.12 83.22
2018-06-30 624.60 29.90 83.43
2018-03-31 612.96 -25.49 81.43
2017-12-31 599.31 -21.80 79.24
2017-09-30 591.88 -53.79 78.29
2017-06-30 582.75 -58.34 76.32
2017-03-31 573.40 0.54 75.61
2016-12-31 565.03 -6.85 75.36
2016-09-30 561.26 -1.89 76.02
2016-06-30 556.31 -7.14 74.69
2016-03-31 555.36 -11.31 74.67
2015-12-31 546.50 -12.97 72.89
2015-09-30 566.64 4.02 71.73
2015-06-30 562.38 2.80 71.49
2015-03-31 555.94 -4.88 69.02
2014-12-31 552.56 -9.03 68.60
2014-10-31 519.51 -22.60 63.76
2014-07-31 510.46 -23.15 63.63
2014-04-30 497.63 -23.00 61.87
2014-01-31 487.40 -20.88 60.89
2013-12-31 510.10 -5.44 61.20
2013-10-31 481.72 -21.21 59.86
2013-07-31 466.26 -41.65 57.29
2013-04-30 455.34 -49.66 58.21
2013-01-31 442.95 -88.48 57.46
2012-10-31 445.37 -102.03 57.07
2012-07-31 458.40 -82.14 59.25
2012-04-30 467.95 -77.70 60.26

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Casella Waste Systems has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Casella Waste Systems used its assets less efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • Casella Waste Systems has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Casella Waste Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Casella Waste Systems has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WA3 Health

 How is Casella Waste Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Casella Waste Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Casella Waste Systems's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Casella Waste Systems's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Casella Waste Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Casella Waste Systems has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Casella Waste Systems Company Filings, last reported 3 months ago.

DB:WA3 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -15.83 546.24 4.35
2018-09-30 -5.28 517.01 3.43
2018-06-30 -34.72 504.31 2.32
2018-03-31 -38.82 499.97 2.50
2017-12-31 -37.86 482.63 2.00
2017-09-30 -60.50 484.76 2.30
2017-06-30 -74.63 502.98 2.69
2017-03-31 -23.18 508.87 2.23
2016-12-31 -24.55 508.65 2.54
2016-09-30 -13.91 500.60 3.56
2016-06-30 -22.19 503.22 2.38
2016-03-31 -28.52 514.68 1.65
2015-12-31 -21.60 507.43 2.31
2015-09-30 -15.56 531.75 2.02
2015-06-30 -18.85 528.29 3.16
2015-03-31 -20.86 546.90 3.06
2014-12-31 -12.02 535.71 2.21
2014-10-31 -6.66 523.78 2.73
2014-07-31 -7.62 512.07 2.60
2014-04-30 -8.54 508.02 2.46
2014-01-31 6.41 511.74 2.71
2013-12-31
2013-10-31 15.84 509.23 4.95
2013-07-31 15.86 499.15 2.92
2013-04-30 15.45 496.21 1.76
2013-01-31 26.94 493.58 1.11
2012-10-31 35.07 487.84 1.90
2012-07-31 9.56 490.81 3.51
2012-04-30 18.23 476.77 4.53
  • Casella Waste Systems has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Casella Waste Systems's debt level has increased considering it has negative shareholder equity.
  • Debt is well covered by operating cash flow (22.1%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Casella Waste Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Casella Waste Systems has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WA3 Dividends

 What is Casella Waste Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Casella Waste Systems dividends. Estimated to be 0% next year.
If you bought €2,000 of Casella Waste Systems shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Casella Waste Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Casella Waste Systems's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:WA3 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:WA3 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Casella Waste Systems has not reported any payouts.
  • Unable to verify if Casella Waste Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Casella Waste Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Casella Waste Systems has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Casella Waste Systems's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Casella Waste Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Casella Waste Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Casella Waste Systems has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WA3 Management

 What is the CEO of Casella Waste Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Casella
COMPENSATION $2,885,473
AGE 67
TENURE AS CEO 26.3 years
CEO Bio

Mr. John W. Casella has been the Chief Executive Officer of Casella Waste Systems, Inc. since 1993 and also serves as its Secretary. Mr. Casella has been Chief Executive Officer of Casella Waste Management, Inc. since 1993. He served as President of Casella Waste Systems, Inc. from 1993 to July 2001 and served as its Chairman of the Board of Directors from 1993 to December 1999. Mr. Casella has been Chairman of the Board of Directors at Casella Waste Systems, Inc. since July 2001. He serves as the Chairman of The Rutland Hospital, Inc. He has been Chairman of the board of Directors of Casella Waste Management, Inc., a subsidiary of Casella Waste Systems, Inc. since 1977. Mr. Casella also serves as an Executive Officer and Director of Casella Construction, Inc., a company owned by Mr. Casella and Douglas R. Casella. He is a Member of numerous industry-related and community service-related state and local boards and commissions including the Board of Directors of the Associated Industries of Vermont, The Association of Vermont Recyclers, Vermont State Chamber of Commerce and the Rutland Industrial Development Corporation. He has been a Director of Casella Waste Systems, Inc. since 1993 and Casella Waste Management, Inc. since July 2001. He serves as a Director of National Recycling Coalition. He has also served on various state task forces, serving in an advisory capacity to the Governors of Vermont and New Hampshire on solid waste issues. Mr. Casella holds an Associate of Science in Business Management from Bryant & Stratton University and a Bachelor of Science in Business Education from Castleton State College. Mr. DesRoches is a graduate of Arizona State University.

CEO Compensation
  • John's compensation has been consistent with company performance over the past year.
  • John's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Casella Waste Systems management team in years:

12.9
Average Tenure
61
Average Age
  • The average tenure for the Casella Waste Systems management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

John Casella

TITLE
Chairman
COMPENSATION
$3M
AGE
67
TENURE
26.3 yrs

Edwin Johnson

TITLE
President & COO
COMPENSATION
$2M
AGE
61
TENURE
6.3 yrs

Ned Coletta

TITLE
Senior VP
COMPENSATION
$2M
AGE
42
TENURE
6.3 yrs

Christopher Heald

TITLE
VP of Finance & Chief Accounting Officer
COMPENSATION
$598K
AGE
53
TENURE
6.3 yrs

David Schmitt

TITLE
Senior VP & General Counsel
COMPENSATION
$912K
AGE
67
TENURE
12.9 yrs

Joseph Fusco

TITLE
Vice President of Communications
AGE
54
TENURE
24.3 yrs

Michael Viani

TITLE
Vice President of Business Development & Special Waste
AGE
63
TENURE
8.3 yrs

Gerald Gormley

TITLE
Vice President of Human Resources
AGE
69
TENURE
19.7 yrs

Chris DesRoches

TITLE
Vice President of Customer Service
AGE
60
TENURE
13.8 yrs
Board of Directors Tenure

Average tenure and age of the Casella Waste Systems board of directors in years:

14.7
Average Tenure
67
Average Age
  • The average tenure for the Casella Waste Systems board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Douglas Casella

TITLE
Vice Chairman
AGE
62
TENURE
26.3 yrs

John Casella

TITLE
Chairman
COMPENSATION
$3M
AGE
67
TENURE
17.8 yrs

Gregory Peters

TITLE
Independent Director
COMPENSATION
$165K
AGE
72
TENURE
26.3 yrs

James Callahan

TITLE
Independent Director
COMPENSATION
$137K
AGE
74
TENURE
16.1 yrs

Joe Doody

TITLE
Independent Director
COMPENSATION
$130K
AGE
66
TENURE
14.7 yrs

Jim O'Connor

TITLE
Lead Independent Director
COMPENSATION
$195K
AGE
69
TENURE
3.5 yrs

Michael Burke

TITLE
Director
COMPENSATION
$120K
AGE
60
TENURE
11.2 yrs

Emily Nagle Green

TITLE
Director
COMPENSATION
$120K
AGE
60
TENURE
6.8 yrs

Bill Hulligan

TITLE
Independent Director
COMPENSATION
$120K
AGE
74
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • Casella Waste Systems insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. Mar 19 Sell Douglas Casella Individual 12. Mar 19 14. Mar 19 -33,961 €30.22 €-1,026,173
28. Mar 19 Sell James Callahan Individual 12. Mar 19 12. Mar 19 -20,000 €30.56 €-611,253
27. Feb 19 Sell Christopher Heald Individual 26. Feb 19 26. Feb 19 -30,000 €30.91 €-927,221
27. Feb 19 Sell John Casella Individual 26. Feb 19 27. Feb 19 -68,902 €30.93 €-2,124,492
27. Feb 19 Sell William Hulligan Individual 26. Feb 19 26. Feb 19 -10,000 €31.41 €-314,089
27. Feb 19 Sell Edwin Johnson Individual 25. Feb 19 25. Feb 19 -42,485 €31.24 €-1,327,169
27. Feb 19 Sell David Schmitt Individual 26. Feb 19 26. Feb 19 -20,000 €30.92 €-618,499
14. Dec 18 Sell Gregory Peters Individual 14. Dec 18 14. Dec 18 -4,000 €27.08 €-108,338
12. Dec 18 Sell William Hulligan Individual 12. Dec 18 12. Dec 18 -10,000 €26.36 €-263,562
13. Sep 18 Sell Gregory Peters Individual 13. Sep 18 13. Sep 18 -3,000 €28.52 €-85,570
11. Sep 18 Sell David Schmitt Individual 11. Sep 18 11. Sep 18 -10,000 €27.87 €-278,694
07. Sep 18 Sell Edwin Johnson Individual 07. Sep 18 07. Sep 18 -20,000 €26.94 €-538,886
27. Aug 18 Sell Michael Burke Individual 23. Aug 18 23. Aug 18 -3,991 €23.58 €-94,111
23. Aug 18 Sell Michael Burke Individual 21. Aug 18 22. Aug 18 -13,845 €24.02 €-330,983
22. Aug 18 Sell James Callahan Individual 20. Aug 18 20. Aug 18 -10,000 €24.47 €-244,745
07. Aug 18 Sell William Hulligan Individual 07. Aug 18 07. Aug 18 -10,000 €24.89 €-248,918
15. Jun 18 Sell Michael Burke Individual 13. Jun 18 13. Jun 18 -20,236 €20.86 €-422,101
07. Jun 18 Sell David Schmitt Individual 07. Jun 18 07. Jun 18 -15,000 €19.98 €-299,700
31. May 18 Sell John Casella Individual 29. May 18 30. May 18 -25,485 €20.65 €-526,043
25. May 18 Sell Edmond Coletta Individual 24. May 18 24. May 18 -33,000 €20.29 €-669,451
X
Management checks
We assess Casella Waste Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Casella Waste Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WA3 News

Simply Wall St News

WA3 Company Info

Description

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. The company operates through Eastern, Western, Recycling, and Other segments. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers. The company provides a range of non-hazardous solid waste services, including collections, transfer stations, material recovery facilities, and disposal facilities. It also processes and markets recyclable metals, aluminum, plastics, and paper and corrugated cardboard, as well as recyclables purchased from third-parties. In addition, the company is involved in commodity brokerage operations. As of January 31, 2019, it owned and/or operated 37 solid waste collection operations, 49 transfer stations, 18 recycling facilities, 8 Subtitle D landfills, 4 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.

Details
Name: Casella Waste Systems, Inc.
WA3
Exchange: DB
Founded: 1975
$1,456,644,525
46,498,772
Website: http://www.casella.com
Address: Casella Waste Systems, Inc.
25 Greens Hill Lane,
Rutland,
Vermont, 05701,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS CWST Class A Common Stock Nasdaq Global Select US USD 29. Oct 1997
DB WA3 Class A Common Stock Deutsche Boerse AG DE EUR 29. Oct 1997
Number of employees
Current staff
Staff numbers
2,300
Casella Waste Systems employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 21:27
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/16
Last earnings filing: 2019/02/22
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.