Clean Harbors, Inc.

NYSE:CLH Stock Report

Market Cap: US$12.4b

Clean Harbors Valuation

Is CLH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
US$298.96
Fair Value
23.1% undervalued intrinsic discount
13
Number of Analysts

Below Fair Value: CLH ($229.78) is trading below our estimate of fair value ($298.96)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CLH?

Key metric: As CLH is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CLH. This is calculated by dividing CLH's market cap by their current earnings.
What is CLH's PE Ratio?
PE Ratio29.7x
EarningsUS$416.67m
Market CapUS$12.38b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CLH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48.1x
TTEK Tetra Tech
31.6x16.5%US$8.2b
ROL Rollins
52.7x10.6%US$24.6b
VLTO Veralto
29.1x7.9%US$24.2b
WCN Waste Connections
79x20.0%US$48.8b
CLH Clean Harbors
29.7x10.9%US$12.4b

Price-To-Earnings vs Peers: CLH is good value based on its Price-To-Earnings Ratio (29.7x) compared to the peer average (48.1x).

Price to Earnings Ratio vs Industry

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

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PGTK Pacific Green Technologies
2.6xn/aUS$21.11m
CDTG CDT Environmental Technology Investment Holdings
2.2xn/aUS$15.26m
OMEX Odyssey Marine Exploration
1.1xn/aUS$13.99m
SGTM Sustainable Green Team
0.7xn/aUS$8.06m
CLH 29.7xIndustry Avg. 31.2xNo. of Companies8PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CLH is good value based on its Price-To-Earnings Ratio (29.7x) compared to the US Commercial Services industry average (31.2x).

Price to Earnings Ratio vs Fair Ratio

What is CLH'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.

CLH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.7x
Fair PE Ratio28.1x

Price-To-Earnings vs Fair Ratio: CLH is expensive based on its Price-To-Earnings Ratio (29.7x) compared to the estimated Fair Price-To-Earnings Ratio (28.1x).

Analyst Price Targets

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

The above table shows the analyst CLH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$229.78
US$276.47
+20.3%
6.6%US$325.00US$250.00n/a13
Feb ’26US$233.00
US$276.47
+18.7%
6.6%US$325.00US$250.00n/a13
Jan ’26US$230.14
US$276.70
+20.2%
6.7%US$325.00US$250.00n/a13
Dec ’25US$260.09
US$268.34
+3.2%
4.8%US$290.00US$246.00n/a12
Nov ’25US$233.00
US$268.34
+15.2%
4.8%US$290.00US$246.00n/a12
Oct ’25US$240.95
US$261.11
+8.4%
3.9%US$275.00US$243.33n/a12
Sep ’25US$245.90
US$261.11
+6.2%
3.9%US$275.00US$243.33n/a12
Aug ’25US$242.39
US$256.78
+5.9%
6.9%US$275.00US$211.00n/a12
Jul ’25US$220.63
US$233.78
+6.0%
4.2%US$245.00US$211.00n/a12
Jun ’25US$216.59
US$223.96
+3.4%
6.8%US$240.00US$182.57n/a12
May ’25US$202.36
US$215.88
+6.7%
7.6%US$240.00US$182.57n/a12
Apr ’25US$197.04
US$201.80
+2.4%
5.7%US$225.00US$182.57n/a12
Mar ’25US$184.02
US$200.20
+8.8%
4.5%US$213.00US$182.57n/a13
Feb ’25US$172.62
US$185.04
+7.2%
6.0%US$206.00US$160.00US$233.0013
Jan ’25US$174.51
US$185.08
+6.1%
6.3%US$206.00US$160.00US$230.1412
Dec ’24US$166.86
US$180.82
+8.4%
5.4%US$200.00US$160.00US$260.0911
Nov ’24US$147.34
US$183.64
+24.6%
4.8%US$200.00US$175.00US$233.0011
Oct ’24US$167.36
US$185.90
+11.1%
4.7%US$200.00US$175.00US$240.9510
Sep ’24US$173.37
US$185.90
+7.2%
4.7%US$200.00US$175.00US$245.9010
Aug ’24US$166.74
US$176.10
+5.6%
6.3%US$196.00US$155.00US$242.3910
Jul ’24US$164.43
US$160.30
-2.5%
6.6%US$180.00US$145.00US$220.6310
Jun ’24US$143.49
US$158.30
+10.3%
5.2%US$175.00US$145.00US$216.5910
May ’24US$146.15
US$157.20
+7.6%
7.3%US$175.00US$130.00US$202.3610
Apr ’24US$142.56
US$153.33
+7.6%
7.2%US$175.00US$130.00US$197.049
Mar ’24US$133.31
US$143.78
+7.9%
8.6%US$160.00US$125.00US$184.029
Feb ’24US$130.59
US$141.60
+8.4%
7.8%US$155.00US$125.00US$172.6210
Analyst Price Target
Consensus Narrative from 13 Analysts
US$276.47
Fair Value
16.9% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 16:57
End of Day Share Price 2025/02/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clean Harbors, Inc. is covered by 39 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fabrizio SpagnaAxia Financial Research
David MantheyBaird
Jonathan WindhamBarclays