Clean Harbors
Market Cap
US$4.9b
Last Updated
2021/03/09 00:16 UTC
Data Sources
Company Financials +
Executive Summary
Clean Harbors, Inc. provides environmental and industrial services in North America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with mediocre balance sheet.
Similar Companies
Share Price & News
How has Clean Harbors's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLH is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CLH's weekly volatility has decreased from 10% to 4% over the past year.
Market Performance
7 Day Return
2.0%
CLH
1.4%
US Commercial Services
-4.0%
US Market
1 Year Return
62.3%
CLH
21.7%
US Commercial Services
46.6%
US Market
Return vs Industry: CLH exceeded the US Commercial Services industry which returned 21.7% over the past year.
Return vs Market: CLH exceeded the US Market which returned 46.6% over the past year.
Shareholder returns
| CLH | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 1.4% | -4.0% |
| 30 Day | 8.7% | -0.4% | -4.1% |
| 90 Day | 19.4% | 0.2% | 3.3% |
| 1 Year | 62.3%62.3% | 23.3%21.7% | 49.8%46.6% |
| 3 Year | 67.4%67.4% | 41.4%31.9% | 47.8%38.4% |
| 5 Year | 96.2%96.2% | 118.1%95.4% | 116.6%92.6% |
Long-Term Price Volatility Vs. Market
How volatile is Clean Harbors's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
We Think That There Are Some Issues For Clean Harbors (NYSE:CLH) Beyond Its Promising Earnings6 days ago | Simply Wall St
The Independent Director of Clean Harbors, Inc. (NYSE:CLH), John Preston, Just Sold 38% Of Their Holding1 week ago | Simply Wall St
Is Now An Opportune Moment To Examine Clean Harbors, Inc. (NYSE:CLH)?Valuation
Is Clean Harbors undervalued compared to its fair value and its price relative to the market?
36.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CLH ($88.98) is trading above our estimate of fair value ($84.82)
Significantly Below Fair Value: CLH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CLH is poor value based on its PE Ratio (36.6x) compared to the US Commercial Services industry average (32.6x).
PE vs Market: CLH is poor value based on its PE Ratio (36.6x) compared to the US market (21.8x).
Price to Earnings Growth Ratio
PEG Ratio: CLH is poor value based on its PEG Ratio (8.9x)
Price to Book Ratio
PB vs Industry: CLH is overvalued based on its PB Ratio (3.6x) compared to the US Commercial Services industry average (2.4x).
Next Steps
Future Growth
How is Clean Harbors forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
4.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLH's forecast earnings growth (4.1% per year) is above the savings rate (2%).
Earnings vs Market: CLH's earnings (4.1% per year) are forecast to grow slower than the US market (19% per year).
High Growth Earnings: CLH's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLH's revenue (3.9% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: CLH's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLH's Return on Equity is forecast to be low in 3 years time (8.8%).
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Past Performance
How has Clean Harbors performed over the past 5 years?
37.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLH has a large one-off gain of $38.9M impacting its December 31 2020 financial results.
Growing Profit Margin: CLH's current net profit margins (4.3%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: CLH's earnings have grown significantly by 37.2% per year over the past 5 years.
Accelerating Growth: CLH's earnings growth over the past year (37.8%) exceeds its 5-year average (37.2% per year).
Earnings vs Industry: CLH earnings growth over the past year (37.8%) exceeded the Commercial Services industry -10.4%.
Return on Equity
High ROE: CLH's Return on Equity (10.1%) is considered low.
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Financial Health
How is Clean Harbors's financial position?
Financial Position Analysis
Short Term Liabilities: CLH's short term assets ($1.5B) exceed its short term liabilities ($636.1M).
Long Term Liabilities: CLH's short term assets ($1.5B) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: CLH's debt to equity ratio (118.6%) is considered high.
Reducing Debt: CLH's debt to equity ratio has reduced from 122.3% to 118.6% over the past 5 years.
Debt Coverage: CLH's debt is well covered by operating cash flow (27.1%).
Interest Coverage: CLH's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Dividend
What is Clean Harbors's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CLH'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 CLH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLH'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 CLH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Alan McKim (65 yo)
41.17yrs
Tenure
US$4,113,899
Compensation
Mr. Alan S. McKim founded Clean Harbors, Inc. in 1980 and has been its Chairman and Chief Executive Officer since 1980 and President since September 2016. Mr. Mckim serves as the Chairman, Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Alan's total compensation ($USD4.11M) is below average for companies of similar size in the US market ($USD6.39M).
Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 41.17yrs | US$4.11m | 6.72% $ 327.8m | |
| Executive VP & CFO | 5.17yrs | US$1.65m | 0.11% $ 5.5m | |
| Chief Operating Officer | 6.17yrs | US$3.03m | 0.15% $ 7.3m | |
| Executive VP & Chief Sales Officer | 3.17yrs | US$1.31m | 0.042% $ 2.0m | |
| Executive Vice President of Corporate Planning & Development | no data | US$1.22m | 0.11% $ 5.1m | |
| Senior VP of Finance & Chief Accounting Officer | 5.17yrs | no data | 0.034% $ 1.7m | |
| Executive VP & Chief Information Officer | 2.42yrs | no data | 0.043% $ 2.1m | |
| Senior Vice President of Investor Relations & Corporate Communications | 7.92yrs | no data | no data | |
| General Counsel | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | 0.027% $ 1.3m | |
| Executive Vice President of Pricing & Proposals | no data | no data | 0.089% $ 4.3m | |
| Executive Vice President of Safety & Risk Management | 3.25yrs | no data | 0.054% $ 2.6m |
5.2yrs
Average Tenure
52yo
Average Age
Experienced Management: CLH's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 41.17yrs | US$4.11m | 6.72% $ 327.8m | |
| Independent Lead Director | 4.75yrs | US$251.70k | 0.040% $ 2.0m | |
| Independent Director | 26.17yrs | US$210.03k | 0.018% $ 883.0k | |
| Independent Director | 22.17yrs | US$225.03k | 0.046% $ 2.2m | |
| Independent Director | 10.5yrs | US$222.03k | 0.042% $ 2.1m | |
| Independent Director | 1.25yrs | US$69.97k | 0.0054% $ 265.7k | |
| Independent Director | 16.75yrs | US$234.03k | 0.022% $ 1.1m | |
| Independent Director | 11.58yrs | US$210.03k | 0.070% $ 3.4m | |
| Independent Director | 5yrs | US$210.03k | 0.021% $ 1.0m | |
| Independent Director | 6.75yrs | US$222.03k | 0.026% $ 1.3m |
11.0yrs
Average Tenure
67yo
Average Age
Experienced Board: CLH's board of directors are seasoned and experienced ( 11 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CLH insiders have only sold shares 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
Clean Harbors, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Clean Harbors, Inc.
- Ticker: CLH
- Exchange: NYSE
- Founded: 1980
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: US$4.876b
- Shares outstanding: 54.80m
- Website: https://www.cleanharbors.com
Number of Employees
Location
- Clean Harbors, Inc.
- 42 Longwater Drive
- Norwell
- Massachusetts
- 02061-9149
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CLH | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Nov 1987 |
| CH6 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1987 |
Biography
Clean Harbors, Inc. provides environmental and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services segment c...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/09 00:16 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.