Clean Harbors
Market Cap
US$4.2b
Last Updated
2019/10/16 23:34 UTC
Data Sources
Company Financials +
Executive Summary
Clean Harbors, Inc. provides environmental, energy, and industrial services in North America.
Snowflake
Fundamentals
Questionable track record with limited growth.
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
Market Performance
7 Day Return
3.8%
CLH
1.2%
US Commercial Services
2.3%
US Market
1 Year Return
13.1%
CLH
15.0%
US Commercial Services
5.6%
US Market
Return vs Industry: CLH underperformed the US Commercial Services industry which returned 15% over the past year.
Return vs Market: CLH exceeded the US Market which returned 5.6% over the past year.
Shareholder returns
| CLH | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.8% | 1.2% | 2.3% |
| 30 Day | -2.7% | 1.8% | -1.0% |
| 90 Day | 7.1% | 0.4% | -0.7% |
| 1 Year | 13.1%13.1% | 19.3%15.0% | 7.9%5.6% |
| 3 Year | 61.9%61.9% | 70.2%58.5% | 45.6%36.3% |
| 5 Year | 54.4%54.4% | 103.2%82.8% | 65.8%47.6% |
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
2 days ago | Simply Wall St
Is Clean Harbors (NYSE:CLH) Using Too Much Debt?1 week ago | Simply Wall St
Read This Before Judging Clean Harbors, Inc.'s (NYSE:CLH) ROE3 weeks ago | Simply Wall St
Is There Now An Opportunity In Clean Harbors, Inc. (NYSE:CLH)?Valuation
Is Clean Harbors undervalued compared to its fair value and its price relative to the market?
25.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: CLH ($75.75) is trading below our estimate of fair value ($101.03)
Significantly Undervalued: CLH is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CLH is poor value based on its PE Ratio (50x) compared to the Commercial Services industry average (25.5x).
PE vs Market: CLH is poor value based on its PE Ratio (50x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: CLH is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: CLH is overvalued based on its PB Ratio (3.5x) compared to the US Commercial Services industry average (1.8x).
Next Steps
Future Growth
How is Clean Harbors forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
18.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLH's forecast earnings growth (18.2% per year) is above the savings rate (2.7%).
Earnings vs Market: CLH's earnings (18.2% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: CLH's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLH's revenue (3.6% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: CLH's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: CLH's Return on Equity is forecast to be low in 3 years time (9.2%).
Next Steps
Past Performance
How has Clean Harbors performed over the past 5 years?
36.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CLH's earnings have grown significantly by 36% per year over the past 5 years.
Accelerating Growth: CLH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CLH had negative earnings growth (-25.9%) over the past year, making it difficult to compare to the Commercial Services industry average (-2.4%).
Return on Equity
High ROE: CLH's Return on Equity (7%) is considered low.
Return on Assets
ROA vs Industry: CLH's Return on Assets is below or equal to the Commercial Services industry average last year.
Return on Capital Employed
ROCE Improving: CLH has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Clean Harbors's financial position?
Financial Position Analysis
Short Term Liabilities: CLH's short term assets ($1.2B) exceeds its short term liabilities ($633.7M)
Long Term Liabilities: CLH's short term assets (1.2B) do not cover its long term liabilities (2.1B)
Debt to Equity History and Analysis
Debt Level: CLH's debt to equity ratio (129.9%) is considered high
Reducing Debt: CLH's debt to equity ratio has increased from 93.2% to 129.9% over the past 5 years.
Debt Coverage: CLH's debt is well covered by operating cash flow (24.3%).
Interest Coverage: CLH's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
Inventory Level: CLH has a high level of physical assets or inventory.
Debt Coverage by Assets: CLH's debt is not covered by short term assets (assets are 0.8x debt).
Next Steps
Dividend
What is Clean Harbors's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate CLH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CLH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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.
Next Steps
Management
What is the CEO of Clean Harbors's salary, the management and board of directors tenure and is there insider trading?
3.8yrs
Average management tenure
CEO
Alan McKim (64yo)
39.8yrs
Tenure
US$4,946,873
Compensation
Mr. Alan S. McKim founded Clean Harbors, Inc. in 1980 and has been its Chairman and Chief Executive Officer since 1980 and President since September 2016. Mr. Mckim serves as the Chairman, Chief Executive ...
CEO Compensation Analysis
Compensation vs. Market: Alan's total compensation ($USD4.95M) is about average for companies of similar size in the US market ($USD5.13M).
Compensation vs Earnings: Alan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
3.8yrs
Average Tenure
51yo
Average Age
Experienced Management: CLH's management team is considered experienced (3.8 years average tenure).
Board Age and Tenure
10.2yrs
Average Tenure
68yo
Average Age
Experienced Board: CLH's board of directors are seasoned and experienced ( 10.2 years average tenure).
Insider Trading
Insider Buying: CLH insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Accounting Officer Senior VP of Finance & Chief Accounting Officer |
| Shares | 2,034 |
| Max Price | US$73.85 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 1,000 |
| Max Price | US$76.00 |
| Entity | Individual |
| Role | Chief Operating Officer Chief Operating Officer |
| Shares | 20,000 |
| Max Price | US$78.52 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,557 |
| Max Price | US$78.98 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,267 |
| Max Price | US$68.58 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 5,000 |
| Max Price | US$70.09 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 11,318 |
| Max Price | US$65.30 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 38,682 |
| Max Price | US$65.32 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 4,000 |
| Max Price | US$71.85 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Corporate Planning & Development |
| Shares | 1,777 |
| Max Price | US$71.00 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 4,000 |
| Max Price | US$69.74 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$66.75 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,000 |
| Max Price | US$68.50 |
| Entity | Individual |
| Role | Head of Human Resources Executive VP & Chief HR Officer |
| Shares | 390 |
| Max Price | US$69.01 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 2,000 |
| Max Price | US$65.20 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 50,000 |
| Max Price | US$64.26 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,500 |
| Max Price | US$68.31 |
Ownership Breakdown
Management Team
Alan McKim (64yo)
Founder
- Tenure: 39.8yrs
- Compensation: US$4.95m
Eric Gerstenberg (50yo)
Chief Operating Officer
- Tenure: 4.8yrs
- Compensation: US$2.24m
Brian Weber (51yo)
Executive Vice President of Corporate Planning & Development
- Tenure: 0yrs
- Compensation: US$1.65m
Jim Buckley
Senior Vice President of Investor Relations
- Tenure: 6.5yrs
Mike Battles (51yo)
Executive VP & CFO
- Tenure: 3.8yrs
- Compensation: US$2.03m
Michael McDonald (53yo)
General Counsel
- Tenure: 0yrs
Robby Speights (49yo)
Executive VP & Chief Sales Officer
- Tenure: 1.8yrs
Eric Dugas (40yo)
Senior VP of Finance & Chief Accounting Officer
- Tenure: 3.8yrs
Jeffrey Knapp (52yo)
Executive VP & Chief HR Officer
- Tenure: 0yrs
Sharon Gabriel (43yo)
Executive VP & Chief Information Officer
- Tenure: 1yrs
Board Members
Alan McKim (64yo)
Founder
- Tenure: 39.8yrs
- Compensation: US$4.95m
Gene Banucci (75yo)
Lead Director
- Tenure: 3.3yrs
- Compensation: US$214.98k
John Preston (69yo)
Independent Director
- Tenure: 24.8yrs
- Compensation: US$189.98k
Tom Shields (72yo)
Independent Director
- Tenure: 20.8yrs
- Compensation: US$204.98k
Edward Galante (68yo)
Independent Director
- Tenure: 9.1yrs
- Compensation: US$201.98k
Andrea Robertson (62yo)
Independent Director
- Tenure: 15.3yrs
- Compensation: US$213.98k
Rod Marlin (71yo)
Independent Director
- Tenure: 10.2yrs
- Compensation: US$189.98k
Lauren States (62yo)
Independent Director
- Tenure: 3.6yrs
- Compensation: US$189.98k
John Welch (62yo)
Independent Director
- Tenure: 5.3yrs
- Compensation: US$201.98k
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$4.232b
- Shares outstanding: 55.86m
- Website: https://www.cleanharbors.com
Number of Employees
Location
- Clean Harbors, Inc.
- 42 Longwater Drive
- Norwell
- Massachusetts
- 2061
- 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, energy, and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 23:34 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.