Clean Harbors Intrinsic Value – Clean Harbors Shares Show Potential for Further Upside Despite Recent Surge

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Clean Harbors ($NYSE:CLH) is a leading provider of specialized environmental, energy and industrial services. Its stock has been on a tremendous surge in recent times, despite this significant growth, Clean Harbors’ stock still has potential for further upside. The company’s core competencies consist of environmental, energy and industrial services that span a wide range of industries, making it well positioned to capitalize on the growing demand for these services. Its diverse portfolio of services helps it to expand its market share, as well as increase efficiency and reduce costs. The company’s environmental services are in great demand due to the ever-increasing focus on sustainability and green initiatives. Clean Harbors also operates an extensive network of waste treatment and disposal facilities across North America. This gives the company a competitive edge in terms of providing waste management solutions to customers.

In addition, its energy services are gaining momentum with the increasing shift towards renewable sources of energy. Clean Harbors is also known for its impressive financial performance. It continues to generate strong revenue growth and profitability, and has been able to consistently meet or exceed analyst expectations. Its strong financial position has enabled it to pursue strategic acquisitions and organic growth strategies, as well as invest in new technologies and services. With its diversified services and strong financials, the company is well positioned to capitalize on future growth opportunities and deliver profitable returns to its shareholders.

Stock Price

Clean Harbors, a provider of environmental, energy, and industrial services, has seen an uptick in their stock prices as of late. On Friday, the stock opened at $156.8 and closed at $156.7, up by 0.4% from its prior closing price of 156.0. Investors should be looking at this stock as a long term investment that could bring significant returns. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Clean Harbors. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Clean Harbors. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Clean Harbors. More…

Key Ratios Snapshot

Some of the financial key ratios for Clean Harbors are shown below. More…

Analysis – Clean Harbors Intrinsic Value

At GoodWhale, we conducted an analysis of the wellbeing of Clean Harbors, Inc. After carefully evaluating the stock, we determined the fair value of its shares to be around $128.9. This was calculated through our proprietary Valuation Line, a tool we use to measure the worth of a company. Currently, Clean Harbors’ stock is being traded at $156.7, which is 21.6% higher than its estimated fair value. More…

Peers

Clean Harbors Inc and its competitors, Republic Services Inc, Heritage-Crystal Clean Inc, and Waste Management Inc, are all companies that provide environmental and industrial services. These services can include things like waste management, oil recycling, and chemical cleaning. While all four companies provide similar services, they each have their own unique strengths and weaknesses.

– Republic Services Inc ($NYSE:RSG)

Return on equity (ROE) is a ratio that measures the profitability of a company in relation to the equity that shareholders have invested. The higher the ROE, the more profitable the company is.

Republic Services, Inc. is an industry leader in U.S. non-hazardous solid waste and recycling. They provide integrated, non-hazardous solid waste collection, transfer, disposal, and recycling services to residential, commercial, industrial, and construction customers. As of 2022, Republic Services had a market cap of 41.18B and an ROE of 14.02%.

– Heritage-Crystal Clean Inc ($NASDAQ:HCCI)

Heritage-Crystal Clean Inc is a leading provider of environmental and industrial services. The company has a market cap of 661.49M as of 2022 and a Return on Equity of 16.76%. Heritage-Crystal Clean Inc offers a wide range of services including environmental, industrial, and oilfield services. The company’s environmental services include hazardous waste management, environmental remediation, and environmental consulting. Heritage-Crystal Clean Inc’s industrial services include industrial cleaning, waste management, and environmental consulting. The company’s oilfield services include oilfield waste management, oilfield remediation, and oilfield consulting.

– Waste Management Inc ($NYSE:WM)

Waste Management Inc is an American waste management and environmental services company. It is the largest waste management company in North America, with operations in the United States, Canada, and Mexico. The company has a market cap of 64.5B as of 2022 and a Return on Equity of 28.78%. Waste Management Inc provides waste management and environmental services to residential, commercial, and industrial customers. The company offers a range of services, including collection, transportation, and disposal of waste; recycling and resource recovery; and sustainability services.

Summary

Clean Harbors is an environmental services company that has seen its share price surge significantly over the past year. Despite this, analysts believe there may still be some upside potential left in the stock. They point to the company’s strong balance sheet, a recent expansion into new markets, and an increasingly robust portfolio of services as key reasons to remain bullish on Clean Harbors.

Additionally, investors may find value in Clean Harbors’ commitment to sustainability and its focus on the health and safety of its employees. Despite the current high share price, analysts suggest that there may still be some room for growth in the future.