| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
RSG Overview
Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, disposal, recycling, and environmental services in the United States.
Republic Services Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$123.44 |
| 52 Week High | US$86.18 |
| 52 Week Low | US$126.25 |
| Beta | 0.72 |
| 1 Month Change | 1.92% |
| 3 Month Change | 15.88% |
| 1 Year Change | 28.88% |
| 3 Year Change | 65.36% |
| 5 Year Change | 143.09% |
| Change since IPO | 626.12% |
Recent News & Updates
Returns On Capital At Republic Services (NYSE:RSG) Have Hit The Brakes
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Republic Services' Stellar Dividend Growth Outlook
Republic Services is a domestic waste management company with a stellar dividend growth outlook. The firm announced a sizable increase in its payout back in July 2021. Republic Services has increased its full-year guidance for 2021 multiple times already, highlighting management's confidence in the company's near term performance. Republic Services also earns high marks for its adherence to ESG standards. We are huge fans of Republic Services and expect that its free cash flow will grow at a brisk pace going forward.
Republic Services (NYSE:RSG) Has Announced That It Will Be Increasing Its Dividend To US$0.46
Republic Services, Inc.'s ( NYSE:RSG ) dividend will be increasing to US$0.46 on 15th of October. This takes the annual...
Waste Management: A Safe-Haven Bet
The business of trash collection is steady, whatever the economic conditions. The two major players are almost identical for investment purposes. For a balanced portfolio, Waste Management provides an element of safety.
Shareholder Returns
| RSG | US Commercial Services | US Market | |
|---|---|---|---|
| 7D | -0.6% | -1.5% | -0.6% |
| 1Y | 28.9% | 26.5% | 33.8% |
Return vs Industry: RSG exceeded the US Commercial Services industry which returned 26.5% over the past year.
Return vs Market: RSG underperformed the US Market which returned 33.8% over the past year.
Price Volatility
| RSG volatility | |
|---|---|
| RSG Beta | 0.72 |
| Industry Beta | 1.04 |
| Market Beta | 1 |
Stable Share Price: RSG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: RSG's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 35,000 | Jon Vander Ark | https://www.republicservices.com |
Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, disposal, recycling, and environmental services in the United States. The company serves small-container, large-container, and municipal and residential customers. The company’s collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and waste containers; and renting of compactors.
Valuation
Is Republic Services undervalued compared to its fair value and its price relative to the market?
35.01x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RSG ($123.44) is trading above our estimate of fair value ($104.02)
Significantly Below Fair Value: RSG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RSG is poor value based on its PE Ratio (35x) compared to the US Commercial Services industry average (32.2x).
PE vs Market: RSG is poor value based on its PE Ratio (35x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: RSG is poor value based on its PEG Ratio (6.8x)
Price to Book Ratio
PB vs Industry: RSG is overvalued based on its PB Ratio (4.5x) compared to the US Commercial Services industry average (2.7x).
Future Growth
How is Republic Services forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
5.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RSG's forecast earnings growth (5.2% per year) is above the savings rate (2%).
Earnings vs Market: RSG's earnings (5.2% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: RSG's earnings are forecast to grow, but not significantly.
Revenue vs Market: RSG's revenue (5.3% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: RSG's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RSG's Return on Equity is forecast to be low in 3 years time (14.8%).
Past Performance
How has Republic Services performed over the past 5 years?
7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RSG has high quality earnings.
Growing Profit Margin: RSG's current net profit margins (10.6%) are higher than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: RSG's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: RSG's earnings growth over the past year (5.9%) is below its 5-year average (7.5% per year).
Earnings vs Industry: RSG earnings growth over the past year (5.9%) underperformed the Commercial Services industry 30.4%.
Return on Equity
High ROE: RSG's Return on Equity (12.8%) is considered low.
Financial Health
How is Republic Services's financial position?
Financial Position Analysis
Short Term Liabilities: RSG's short term assets ($1.5B) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: RSG's short term assets ($1.5B) do not cover its long term liabilities ($12.8B).
Debt to Equity History and Analysis
Debt Level: RSG's debt to equity ratio (100.1%) is considered high.
Reducing Debt: RSG's debt to equity ratio has increased from 98.4% to 100.1% over the past 5 years.
Debt Coverage: RSG's debt is well covered by operating cash flow (29.8%).
Interest Coverage: RSG's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
Dividend
What is Republic Services's current dividend yield, its reliability and sustainability?
1.49%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: RSG's dividend (1.49%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: RSG's dividend (1.49%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: RSG's dividends per share have been stable in the past 10 years.
Growing Dividend: RSG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.4%), RSG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RSG's dividends in 3 years are forecast to be well covered by earnings (41.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Jon Vander Ark (46 yo)
0.25
Tenure
US$4,419,123
Compensation
Mr. Jon Vander Ark serves as Chief Executive Officer at Republic Services, Inc. since June 25, 2021 and its Director since July 1, 2021. He has been President at Republic Services, Inc. since April 30, 201...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD4.42M) is below average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: RSG's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: RSG's board of directors are considered experienced (4.3 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: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Republic Services, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Republic Services, Inc.
- Ticker: RSG
- Exchange: NYSE
- Founded: 1996
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: US$39.299b
- Shares outstanding: 318.36m
- Website: https://www.republicservices.com
Number of Employees
Location
- Republic Services, Inc.
- 18500 North Allied Way
- Phoenix
- Arizona
- 85054-6164
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:03 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| 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.