GFL Environmental
Market Cap
US$9.5b
Last Updated
2021/02/24 23:51 UTC
Data Sources
Company Financials +
Executive Summary
GFL Environmental Inc. operates as a diversified environmental services company in North America. More Details
Rewards
Risk Analysis
No risks detected for GFLU from our risk checks.
Snowflake Analysis
Moderate growth potential with imperfect balance sheet.
Similar Companies
Share Price & News
How has GFL Environmental's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GFLU is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GFLU's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
5.6%
GFLU
-0.05%
US Commercial Services
-1.4%
US Market
1 Year Return
n/a
GFLU
9.1%
US Commercial Services
37.1%
US Market
Return vs Industry: Insufficient data to determine how GFLU performed against the US Commercial Services industry.
Return vs Market: Insufficient data to determine how GFLU performed against the US Market.
Shareholder returns
| GFLU | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | -0.05% | -1.4% |
| 30 Day | 0.7% | 0.3% | 1.6% |
| 90 Day | 13.7% | -0.7% | 7.3% |
| 1 Year | n/a | 10.6%9.1% | 40.2%37.1% |
| 3 Year | n/a | 45.3%35.4% | 62.5%52.1% |
| 5 Year | n/a | 119.5%96.4% | 133.9%108.0% |
Long-Term Price Volatility Vs. Market
How volatile is GFL Environmental's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is GFL Environmental undervalued compared to its fair value and its price relative to the market?
8.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GFLU ($73.82) is trading below our estimate of fair value ($80.38)
Significantly Below Fair Value: GFLU is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GFLU is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.
PE vs Market: GFLU is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GFLU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GFLU's PB Ratio (2.4x) is in line with the US Commercial Services industry average.
Next Steps
Future Growth
How is GFL Environmental forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
133.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GFLU is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: GFLU is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GFLU's is expected to become profitable in the next 3 years.
Revenue vs Market: GFLU's revenue (8.9% per year) is forecast to grow slower than the US market (10.5% per year).
High Growth Revenue: GFLU's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GFLU's Return on Equity is forecast to be low in 3 years time (1.1%).
Next Steps
Past Performance
How has GFL Environmental performed over the past 5 years?
-36.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GFLU is currently unprofitable.
Growing Profit Margin: GFLU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GFLU is unprofitable, and losses have increased over the past 5 years at a rate of 36.9% per year.
Accelerating Growth: Unable to compare GFLU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GFLU is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-10.4%).
Return on Equity
High ROE: GFLU has a negative Return on Equity (-17.52%), as it is currently unprofitable.
Next Steps
Financial Health
How is GFL Environmental's financial position?
Financial Position Analysis
Short Term Liabilities: GFLU's short term assets (CA$1.0B) do not cover its short term liabilities (CA$1.2B).
Long Term Liabilities: GFLU's short term assets (CA$1.0B) do not cover its long term liabilities (CA$8.9B).
Debt to Equity History and Analysis
Debt Level: GFLU's debt to equity ratio (110.4%) is considered high.
Reducing Debt: Insufficient data to determine if GFLU's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GFLU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GFLU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.2% per year.
Next Steps
Dividend
What is GFL Environmental current dividend yield, its reliability and sustainability?
0.13%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GFLU's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: GFLU's dividend (0.13%) is low compared to the top 25% of dividend payers in the US market (3.75%).
Stability and Growth of Payments
Stable Dividend: GFLU is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: GFLU is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GFLU is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GFLU'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?
2.3yrs
Average management tenure
CEO
Patrick Dovigi (40 yo)
no data
Tenure
CA$1,457,999
Compensation
Mr. Patrick Dovigi founded GFL Environmental Inc. (also known as Green For Life Corp. and Green for Life Waste and Recycling Solutions Corp) and serves as its Chief Executive Officer, President and Chairma...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD1.16M) is below average for companies of similar size in the US market ($USD6.21M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | CA$1.46m | 3.7% CA$ 352.6m | |
| Executive VP & CFO | 2.33yrs | CA$639.03k | 0.11% CA$ 10.3m | |
| Executive VP & General Counsel | 2.33yrs | CA$523.27k | 0.028% CA$ 2.7m | |
| Executive VP & COO of Solid Waste | 2.25yrs | CA$818.37k | 0.13% CA$ 12.7m | |
| Senior Vice President of Strategic Initiatives | 2.33yrs | CA$444.01k | 0.020% CA$ 1.9m | |
| Vice-President of Corporate Development | 2.67yrs | no data | no data | |
| Vice-President of Human Resources | 5.42yrs | no data | no data | |
| Senior VP & Director | 2.25yrs | no data | 3.35% CA$ 319.2m | |
| Vice-President of Treasury | 6.83yrs | no data | no data | |
| Area Vice-President of Infrastructure & Soil Remediation | no data | no data | 0.014% CA$ 1.3m | |
| Area Vice-President of Liquid Waste of United States | no data | no data | 0.025% CA$ 2.4m | |
| Area Vice-President of Liquid Waste | no data | no data | 0.014% CA$ 1.3m |
2.3yrs
Average Tenure
56yo
Average Age
Experienced Management: GFLU's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | CA$1.46m | 3.7% CA$ 352.6m | |
| Senior VP & Director | 2.25yrs | no data | 3.35% CA$ 319.2m | |
| Independent Director | 3.08yrs | no data | 0.036% CA$ 3.4m | |
| Lead Independent Director | no data | no data | 0.0058% CA$ 552.4k | |
| Independent Director | 3.08yrs | no data | 0.0028% CA$ 263.3k | |
| Independent Director | 3.08yrs | no data | 0.0075% CA$ 713.6k | |
| Independent Director | 3.08yrs | no data | 0.0058% CA$ 553.3k | |
| Independent Director | 3.08yrs | no data | no data |
3.1yrs
Average Tenure
57yo
Average Age
Experienced Board: GFLU's board of directors are considered experienced (3.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: GFLU only recently listed within the past 12 months.
Top Shareholders
Company Information
GFL Environmental Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: GFL Environmental Inc.
- Ticker: GFLU
- Exchange: NYSE
- Founded: 2007
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: CA$11.978b
- Listing Market Cap: CA$9.540b
- Shares outstanding: 326.36m
- Website: https://www.gflenv.com
Number of Employees
Location
- GFL Environmental Inc.
- 100 New Park Place
- Suite 500
- Vaughan
- Ontario
- L4K 0H9
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GFL | TSX (The Toronto Stock Exchange) | Yes | Subordinate Voting Shares | CA | CAD | Mar 2020 |
| GFL | NYSE (New York Stock Exchange) | Yes | Subordinate Voting Shares | US | USD | Mar 2020 |
| GFLU | NYSE (New York Stock Exchange) | Tangible Equity Unit | US | USD | Mar 2020 | |
| 36E | DB (Deutsche Boerse AG) | Yes | Subordinate Voting Shares | DE | EUR | Mar 2020 |
Biography
GFL Environmental Inc. operates as a diversified environmental services company in North America. The company offers non-hazardous solid waste management, infrastructure and soil remediation, and liquid wa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 23:51 |
| End of Day Share Price | 2021/02/24 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.