SECURE Waste Infrastructure Corp.

OTCPK:SECY.F Stock Report

Market Cap: US$3.0b

SECURE Waste Infrastructure Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: SECY.F ($13.87) is trading below our estimate of future cash flow value ($28.1)

Significantly Below Future Cash Flow Value: SECY.F is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SECY.F?

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

The above table shows the Price to Earnings ratio for SECY.F. This is calculated by dividing SECY.F's market cap by their current earnings.
What is SECY.F's PE Ratio?
PE Ratio39.3x
EarningsCA$104.00m
Market CapCA$4.08b

Price to Earnings Ratio vs Peers

How does SECY.F's PE Ratio compare to its peers?

The above table shows the PE ratio for SECY.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.2x
PARR Par Pacific Holdings
9.1x-22.44%US$2.2b
CVI CVR Energy
14x-8.02%US$2.3b
REX REX American Resources
21.7xn/aUS$1.1b
SUN Sunoco
27.8x33.78%US$11.2b
SECY.F SECURE Waste Infrastructure
39.3x34.55%US$4.1b

Price-To-Earnings vs Peers: SECY.F is expensive based on its Price-To-Earnings Ratio (39.3x) compared to the peer average (18.2x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does SECY.F's PE Ratio compare vs other companies in the US Oil and Gas Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TGA TransGlobe Energy
2.2xn/aUS$272.31m
SAFX XCF Global
0.4xn/aUS$41.81m
TOPS Top Ships
2.1xn/aUS$22.85m
MVO MV Oil Trust
1.4xn/aUS$16.79m
SECY.F 39.3xIndustry Avg. 14.5xNo. of Companies21PE01020304050+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SECY.F is expensive based on its Price-To-Earnings Ratio (39.3x) compared to the US Oil and Gas industry average (14.5x).

Price to Earnings Ratio vs Fair Ratio

What is SECY.F'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.

SECY.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.3x
Fair PE Ratio23.7x

Price-To-Earnings vs Fair Ratio: SECY.F is expensive based on its Price-To-Earnings Ratio (39.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).

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 SECY.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$13.87
US$14.94
+7.73%
7.81%US$17.31US$13.26n/a9
Feb ’27US$12.95
US$14.99
+15.76%
7.29%US$17.05US$13.34n/a9
Jan ’27US$12.60
US$14.97
+18.80%
7.74%US$16.82US$13.16n/a8
Dec ’26US$13.07
US$14.75
+12.90%
8.51%US$16.66US$12.76n/a9
Nov ’26US$12.41
US$14.83
+19.53%
8.51%US$16.76US$12.83n/a9
Oct ’26US$14.28
US$13.13
-8.07%
5.97%US$14.50US$11.78n/a9
Sep ’26US$11.96
US$13.14
+9.87%
5.97%US$14.51US$11.79n/a9
Aug ’26US$11.10
US$13.09
+17.91%
5.97%US$14.45US$11.74n/a9
Jul ’26US$11.45
US$12.96
+13.14%
8.52%US$14.67US$11.00n/a9
Jun ’26US$11.18
US$12.49
+11.69%
7.82%US$13.73US$10.84n/a9
May ’26US$9.48
US$12.85
+35.55%
7.84%US$14.43US$11.00n/a8
Apr ’26US$11.00
US$12.98
+17.96%
8.56%US$15.20US$11.74n/a8
Mar ’26US$9.95
US$13.30
+33.66%
8.40%US$15.42US$11.92n/a8
Feb ’26US$10.34
US$12.68
+22.61%
10.42%US$14.61US$10.44US$12.959
Jan ’26US$11.29
US$12.75
+13.00%
11.13%US$15.37US$10.48US$12.6010
Dec ’25US$11.40
US$12.69
+11.35%
11.17%US$15.80US$10.77US$13.0710
Nov ’25US$11.39
US$12.69
+11.45%
11.17%US$15.80US$10.77US$12.4110
Oct ’25US$8.96
US$10.48
+16.95%
5.76%US$11.59US$9.41US$14.288
Sep ’25US$9.19
US$10.48
+14.02%
5.76%US$11.59US$9.41US$11.968
Aug ’25US$8.72
US$10.48
+20.17%
5.76%US$11.59US$9.41US$11.108
Jul ’25US$8.78
US$9.93
+13.10%
5.43%US$10.56US$8.74US$11.458
Jun ’25US$8.23
US$10.03
+21.91%
5.98%US$10.97US$8.77US$11.189
May ’25US$8.41
US$9.89
+17.56%
6.19%US$10.90US$8.72US$9.489
Apr ’25US$8.41
US$9.29
+10.46%
7.37%US$10.38US$8.16US$11.009
Mar ’25US$8.32
US$9.24
+11.06%
7.37%US$10.33US$8.11US$9.959
Feb ’25US$7.75
US$8.73
+12.62%
7.39%US$9.70US$7.84US$10.349
US$14.93
Fair Value
7.1% undervalued intrinsic discount
9
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 Analysis2026/02/16 19:27
End of Day Share Price 2026/02/13 00:00
Earnings2025/09/30
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

SECURE Waste Infrastructure Corp. is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Cormark
John GibsonBMO Capital Markets Equity Research
Anthony PetrucciCanaccord Genuity