Republic Services, Inc.

NYSE:RSG Stock Report

Market Cap: US$72.1b

Republic Services Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 RSG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$227.01
Fair Value
1.7% overvalued intrinsic discount
20
Number of Analysts

Below Fair Value: RSG ($230.87) is trading above our estimate of fair value ($227.01)

Significantly Below Fair Value: RSG is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for RSG. This is calculated by dividing RSG's market cap by their current earnings.
What is RSG's PE Ratio?
PE Ratio35.3x
EarningsUS$2.04b
Market CapUS$72.10b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for RSG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48.5x
WCN Waste Connections
78.3x20.8%US$48.4b
WM Waste Management
33.4x10.2%US$91.7b
ROL Rollins
53.3x10.9%US$24.8b
VLTO Veralto
29.1x7.9%US$24.3b
RSG Republic Services
35.3x7.5%US$72.1b

Price-To-Earnings vs Peers: RSG is good value based on its Price-To-Earnings Ratio (35.3x) compared to the peer average (48.5x).

Price to Earnings Ratio vs Industry

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

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PGTK Pacific Green Technologies
2.9xn/aUS$22.82m
CDTG CDT Environmental Technology Investment Holdings
2.4xn/aUS$16.24m
OMEX Odyssey Marine Exploration
1.1xn/aUS$13.98m
SGTM Sustainable Green Team
0.6xn/aUS$7.04m
RSG 35.3xIndustry Avg. 29.2xNo. of Companies8PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RSG is expensive based on its Price-To-Earnings Ratio (35.3x) compared to the US Commercial Services industry average (29.2x).

Price to Earnings Ratio vs Fair Ratio

What is RSG'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.

RSG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.3x
Fair PE Ratio31.7x

Price-To-Earnings vs Fair Ratio: RSG is expensive based on its Price-To-Earnings Ratio (35.3x) compared to the estimated Fair Price-To-Earnings Ratio (31.7x).

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 RSG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$230.87
US$239.82
+3.9%
8.3%US$265.00US$176.00n/a20
Feb ’26US$216.87
US$224.27
+3.4%
8.4%US$244.00US$159.00n/a20
Jan ’26US$201.18
US$221.77
+10.2%
8.1%US$244.00US$159.00n/a20
Dec ’25US$218.30
US$219.37
+0.5%
7.6%US$244.00US$159.00n/a20
Nov ’25US$198.58
US$219.37
+10.5%
7.6%US$244.00US$159.00n/a20
Oct ’25US$201.28
US$212.60
+5.6%
7.4%US$230.00US$157.00n/a19
Sep ’25US$208.21
US$212.60
+2.1%
7.4%US$230.00US$157.00n/a19
Aug ’25US$197.54
US$211.23
+6.9%
7.5%US$230.00US$157.00n/a19
Jul ’25US$192.88
US$201.60
+4.5%
8.1%US$230.00US$147.00n/a19
Jun ’25US$185.19
US$201.34
+8.7%
8.0%US$230.00US$147.00n/a19
May ’25US$186.00
US$201.68
+8.4%
8.0%US$230.00US$147.00n/a19
Apr ’25US$189.83
US$197.72
+4.2%
8.0%US$225.00US$143.00n/a18
Mar ’25US$183.64
US$194.35
+5.8%
9.8%US$215.00US$142.60n/a19
Feb ’25US$173.83
US$170.14
-2.1%
8.8%US$190.00US$133.00US$216.8719
Jan ’25US$164.91
US$168.45
+2.1%
8.3%US$190.00US$133.00US$201.1819
Dec ’24US$163.92
US$164.93
+0.6%
7.7%US$182.00US$129.00US$218.3019
Nov ’24US$148.74
US$165.22
+11.1%
6.9%US$182.00US$129.00US$198.5818
Oct ’24US$142.51
US$163.44
+14.7%
7.1%US$182.00US$127.00US$201.2818
Sep ’24US$144.90
US$163.44
+12.8%
7.1%US$182.00US$127.00US$208.2118
Aug ’24US$152.09
US$162.67
+7.0%
7.5%US$182.00US$127.00US$197.5418
Jul ’24US$153.17
US$151.94
-0.8%
7.8%US$175.00US$120.00US$192.8818
Jun ’24US$142.73
US$151.94
+6.5%
7.8%US$175.00US$120.00US$185.1918
May ’24US$144.98
US$151.72
+4.7%
7.8%US$175.00US$120.00US$186.0018
Apr ’24US$135.22
US$145.82
+7.8%
8.6%US$173.00US$119.00US$189.8317
Mar ’24US$128.62
US$145.56
+13.2%
8.9%US$173.00US$119.00US$183.6416
Feb ’24US$124.79
US$145.31
+16.4%
10.1%US$173.00US$109.00US$173.8316
Analyst Price Target
Consensus Narrative from 20 Analysts
US$239.82
Fair Value
3.7% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 13:34
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Republic Services, Inc. is covered by 40 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ColemanArgus Research Company
David MantheyBaird
Ishan MajumdarBaptista Research