Waste Management Stock Fair Value Calculation – Waste Management Sees Streak of Gains Come to an End
January 4, 2024
🌧️Trending News
Waste Management ($NYSE:WM), the leading provider of comprehensive waste and environmental services in North America, has recently seen its seven-day winning streak come to an end. The company’s stock was trading at an all-time high just prior to the streak ending. Waste Management has been providing waste solutions for over a century and is now the largest waste management company in North America. They offer a variety of services which include garbage collection and disposal, recycling, composting, hazardous waste disposal, yard trimmings collection and disposal, medical waste management, and industrial services. The company has seen considerable growth in recent years due to its focus on sustainability initiatives and technological advancements. They have implemented many initiatives to reduce their environmental impacts such as transitioning from diesel to natural gas-powered collection vehicles and replacing their fleet of diesel-powered trucks with electric ones.
In addition, Waste Management has invested heavily in developing new technologies to improve their efficiency and reduce their carbon footprint. Although Waste Management’s seven-day winning streak has ended, the company continues to be a leader in the industry. With their focus on sustainability initiatives and technological advancements, Waste Management is well-positioned to continue to provide top-notch waste solutions and environmental services to their customers.
Share Price
On Wednesday, Waste Management Inc. (NYSE: WM) saw a streak of gains come to an end as its stock opened at $180.0 and closed at $178.5, down 0.6% from its prior closing price of $179.6. Despite this minor setback, the company’s stock price has still seen a noticeable uptrend over the past few months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Waste Management. More…
| Total Revenues | Net Income | Net Margin |
| 20.14k | 2.31k | 11.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Waste Management. More…
| Operations | Investing | Financing |
| 4.39k | -3.03k | -1.35k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Waste Management. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 31.93k | 24.97k | 17.26 |
Key Ratios Snapshot
Some of the financial key ratios for Waste Management are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.3% | 12.2% | 17.4% |
| FCF Margin | ROE | ROA |
| 8.3% | 31.6% | 6.9% |
Analysis – Waste Management Stock Fair Value Calculation
At GoodWhale, we specialize in analyzing financials and providing fair values for stocks. Specifically, we have completed our analysis of WASTE MANAGEMENT stock and can offer a fair value of around $170.5 per share. This calculation was done using our proprietary Valuation Line, which takes into account numerous factors such as the company’s current financials and market conditions. Currently, WASTE MANAGEMENT stock is trading at $178.5, which is a fair price that is overvalued by 4.7%. Our analysis reveals that investors should be cautious when investing in WASTE MANAGEMENT stock, as they may be paying more than the value the stock is truly worth. More…
Peers
It has many competitors, including Republic Services Inc, Waste Connections Inc, and Macau Capital Investments Inc.
– Republic Services Inc ($NYSE:RSG)
Republic Services is an American trash and recycling company. It is the second largest provider of residential and commercial trash and recycling services in the United States. The company’s revenue for 2020 was $9.75 billion. The company’s ROE for 2020 was 13.97%.
– Waste Connections Inc ($NYSE:WCN)
Waste Connections Inc is a provider of waste management services in North America. The company has a market cap of 34.1B as of 2022 and a return on equity of 9.38%. Waste Connections Inc provides waste collection, transfer, disposal and recycling services to residential, commercial, industrial and governmental customers.
Summary
Waste Management Inc. has been steadily rising on the stock market over the last seven days, however, this streak appears to be coming to an end. Investors should look closely at the trends in the company’s financials and watch for any shifts in their overall earnings and future prospects. To ensure future success, Waste Management should continue to focus on developing innovative solutions to address the ever-growing waste management challenges around the world.
