NasdaqGS:HCCI

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Executive Summary

Heritage-Crystal Clean, Inc., through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, hazardous and non-hazardous waste, and used oil collection services to small and mid-sized customers in the industrial and vehicle maintenance services industries in North America. More Details


Snowflake Analysis

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Heritage-Crystal Clean's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

1.5%

HCCI

-6.0%

US Commercial Services

-5.3%

US Market


1 Year Return

-39.5%

HCCI

2.0%

US Commercial Services

10.4%

US Market

Return vs Industry: HCCI underperformed the US Commercial Services industry which returned 2.5% over the past year.

Return vs Market: HCCI underperformed the US Market which returned 12% over the past year.


Shareholder returns

HCCIIndustryMarket
7 Day1.5%-6.0%-5.3%
30 Day18.7%-3.1%-2.1%
90 Day18.3%2.1%1.7%
1 Year-39.5%-39.5%3.6%2.0%12.9%10.4%
3 Year-17.6%-17.6%43.8%34.6%34.3%25.4%
5 Year44.2%44.2%98.2%78.6%73.7%54.3%

Price Volatility Vs. Market

How volatile is Heritage-Crystal Clean's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Heritage-Crystal Clean undervalued compared to its fair value and its price relative to the market?

22.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HCCI ($16.48) is trading below our estimate of fair value ($21.27)

Significantly Below Fair Value: HCCI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HCCI is poor value based on its PE Ratio (86.3x) compared to the US Commercial Services industry average (26.4x).

PE vs Market: HCCI is poor value based on its PE Ratio (86.3x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: HCCI is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: HCCI's PB Ratio (1.4x) is in line with the US Commercial Services industry average.


Next Steps

Future Growth

How is Heritage-Crystal Clean forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

65.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HCCI's forecast earnings growth (65.7% per year) is above the savings rate (2.2%).

Earnings vs Market: HCCI's earnings (65.7% per year) are forecast to grow faster than the US market (22% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HCCI's revenue (6.2% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: HCCI's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HCCI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Heritage-Crystal Clean performed over the past 5 years?

19.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HCCI has a large one-off loss of $5.7M impacting its September 5 2020 financial results.

Growing Profit Margin: HCCI's current net profit margins (1.1%) are lower than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: HCCI has become profitable over the past 5 years, growing earnings by 19.5% per year.

Accelerating Growth: HCCI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HCCI had negative earnings growth (-65.9%) over the past year, making it difficult to compare to the Commercial Services industry average (-8.4%).


Return on Equity

High ROE: HCCI's Return on Equity (1.7%) is considered low.


Next Steps

Financial Health

How is Heritage-Crystal Clean's financial position?


Financial Position Analysis

Short Term Liabilities: HCCI's short term assets ($134.8M) exceed its short term liabilities ($72.0M).

Long Term Liabilities: HCCI's short term assets ($134.8M) exceed its long term liabilities ($110.8M).


Debt to Equity History and Analysis

Debt Level: HCCI's debt to equity ratio (10.9%) is considered satisfactory.

Reducing Debt: HCCI's debt to equity ratio has reduced from 38.5% to 10.9% over the past 5 years.

Debt Coverage: HCCI's debt is well covered by operating cash flow (134.4%).

Interest Coverage: HCCI's interest payments on its debt are well covered by EBIT (12.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Heritage-Crystal Clean current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if HCCI'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 HCCI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Brian Recatto (55 yo)

3.58yrs

Tenure

US$2,300,414

Compensation

Mr. Brian J. Recatto has been the Chief Executive Officer and President of Heritage-Crystal Clean, Inc. since February 01, 2017. Mr. Recatto has served as Chief Executive Officer and President at OMNI Ener ...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD2.30M) is about average for companies of similar size in the US market ($USD1.96M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Brian Recatto
CEO, President & Director3.58yrsUS$2.30m2.21%
$ 8.5m
Mark DeVita
Chief Financial Officer8.75yrsUS$580.11k0.37%
$ 1.4m
Ellie Bruce
VP of Business Management & Marketing4.75yrsUS$532.44k0.35%
$ 1.4m
Craig Rose
Chief Information Officerno datano datano data
David Chameli
VP, General Counsel & Secretaryno datano datano data
Matthew Snyder
Corporate Controllerno datano datano data

4.8yrs

Average Tenure

55yo

Average Age

Experienced Management: HCCI's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brian Recatto
CEO, President & Director3.58yrsUS$2.30m2.21%
$ 8.5m
Bruce Bruckmann
Independent Non-Employee Director16.75yrsUS$95.00k0.53%
$ 2.0m
Fred Fehsenfeld
Chairman of the Boardno dataUS$95.00k11.1%
$ 42.6m
Charles Schalliol
Independent Non-Employee Director12.58yrsUS$105.04k0.23%
$ 871.4k
Carmine Falcone
Independent Non-Employee Director12.58yrsUS$106.24k0.019%
$ 73.9k
Robert Willmschen
Independent Non-Employee Director12.58yrsUS$110.00k0.22%
$ 827.1k
Paul Schumacher
Director2.83yrsUS$95.00k0.087%
$ 333.2k

12.6yrs

Average Tenure

69yo

Average Age

Experienced Board: HCCI's board of directors are seasoned and experienced ( 12.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HCCI 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

Heritage-Crystal Clean, Inc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Heritage-Crystal Clean, Inc
  • Ticker: HCCI
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: US$383.491m
  • Shares outstanding: 23.27m
  • Website: https://www.crystal-clean.com

Number of Employees


Location

  • Heritage-Crystal Clean, Inc
  • 2175 Point Boulevard
  • Suite 375
  • Elgin
  • Illinois
  • 60123
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HCCINasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 2008

Biography

Heritage-Crystal Clean, Inc., through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, hazardous and non-hazardous waste, and used oil collection services to small and mid-sized custom ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 00:07
End of Day Share Price2020/10/30 00:00
Earnings2020/09/05
Annual Earnings2019/12/28


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.