Compoundeer Logo
COMPOUNDEER
Uncovering Potential
RankingCompaniesDCF
​
CWST Logo

Casella Waste Systems Inc

CWST

Refuse Systems

Mkt Cap

$5.77B

PE

325.36

Debt

$1.108B

Cash

$189.5M

EV

$6.688B

FCF

$57.41M

Market Cap

$5.77B

P/E Ratio

325.36

Debt

$1.108B

Cash

$189.5M

EV

$6.688B

FCF

$57.41M
Charts data: {"Earnings":[{"time":"2015-12-30","value":-12969000},{"time":"2016-12-30","value":-6858000},{"time":"2017-12-30","value":-21799000},{"time":"2018-12-30","value":6420000},{"time":"2019-12-30","value":31653000},{"time":"2020-12-30","value":91106000},{"time":"2021-12-30","value":41100000},{"time":"2022-12-30","value":53079000},{"time":"2023-12-30","value":25399000}],"Sales":[{"time":"2015-12-30","value":546500000},{"time":"2016-12-30","value":565030000},{"time":"2017-12-30","value":599309000},{"time":"2018-12-30","value":660660000},{"time":"2019-12-30","value":743290000},{"time":"2020-12-30","value":774584000},{"time":"2021-12-30","value":889211000},{"time":"2022-12-30","value":1085089000},{"time":"2023-12-30","value":1264542000}],"Net Margins":[{"time":"2015-12-30","value":-0.023731015553522417},{"time":"2016-12-30","value":-0.01213740863316992},{"time":"2017-12-30","value":-0.03637355687967309},{"time":"2018-12-30","value":0.009717555172100626},{"time":"2019-12-30","value":0.04258499374402992},{"time":"2020-12-30","value":0.117619264017847},{"time":"2021-12-30","value":0.046220750755444996},{"time":"2022-12-30","value":0.04891672480321891},{"time":"2023-12-30","value":0.02008553294394334}],"Assets":[{"time":"2015-12-30","value":649883000},{"time":"2016-12-30","value":631512000},{"time":"2017-12-30","value":614949000},{"time":"2018-12-30","value":732410000},{"time":"2019-12-30","value":932182000},{"time":"2020-12-30","value":1193898000},{"time":"2021-12-30","value":1283580000},{"time":"2022-12-30","value":1449215000},{"time":"2023-12-30","value":2535470000}],"Stockholders Equity":[{"time":"2015-12-30","value":-21523000},{"time":"2016-12-30","value":-24526000},{"time":"2017-12-30","value":-37862000},{"time":"2018-12-30","value":-15832000},{"time":"2019-12-30","value":122753000},{"time":"2020-12-30","value":362142000},{"time":"2021-12-30","value":422457000},{"time":"2022-12-30","value":497900000},{"time":"2023-12-30","value":1021791000}],"ROE":[{"time":"2015-12-30","value":0.6025646982298006},{"time":"2016-12-30","value":0.2796216260295197},{"time":"2017-12-30","value":0.5757487718556864},{"time":"2018-12-30","value":-0.4055078322385043},{"time":"2019-12-30","value":0.25785927838830824},{"time":"2020-12-30","value":0.2515753488962893},{"time":"2021-12-30","value":0.0972880080102827},{"time":"2022-12-30","value":0.10660574412532638},{"time":"2023-12-30","value":0.024857333838328975}],"ROA":[{"time":"2015-12-30","value":0.049033441404068116},{"time":"2016-12-30","value":0.07117046073550463},{"time":"2017-12-30","value":-0.020461859438750205},{"time":"2018-12-30","value":0.05424966890129845},{"time":"2019-12-30","value":0.05693630642943116},{"time":"2020-12-30","value":0.04966672194777108},{"time":"2021-12-30","value":0.06050265663223173},{"time":"2022-12-30","value":0.06582460159465642},{"time":"2023-12-30","value":0.031720746054972056}]}

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers. The company provides non-hazardous solid waste services, including collections, transfer stations, and disposal facilities. In addition, it markets materials, including fibers, corrugated cardboard, newsprint, plastics, glass, ferrous, and aluminum metals. As of January 31, 2023, the company owns and operates 49 solid waste collection operations, 65 transfer stations, 26 recycling facilities, 8 Subtitle D landfills, 3 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.

Sector

    Growth

    %

    %

    Discount

    %

    %

    Multiple

    g\r+10%+11%+12%+13%+14%
    0%109887
    +1%1110988
    +2%13111098
    +3%141311109
    +4%1714121110
    Years012345678910TV
    FCF$57.41M$67.97M$79.45M$91.69M$104.5M$117.4M$130.3M$142.6M$154M$164M$172.2M$1.722B
    DCF$59.1M$60.08M$60.29M$59.73M$58.39M$56.34M$53.62M$50.35M$46.62M$42.57M$425.7M
    Value$972.7M

    In the chart Earnings are multiplied by this value.

    Earnings Growth 27%
    Earnings Stability 0.57%

    Competitiveness and MOAT

    High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

    Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
    Net Margin-2.4%-1.2%-3.6%0.97%4.3%12%4.6%4.9%2%1.3%
    ROA4.9%7.1%-2%5.4%5.7%5%6.1%6.6%3.2%3.1%
    ROE60%28%58%-41%26%25%9.7%11%2.5%1.7%

    What is the average Net Margin?

    The average Net Margin over the past 5 years is +4.75%.

    What is the trend of Net Margin?

    The trend of Net Margin over the past 5 years is 0%.

    What is the average Return on Assets (ROA)?

    The average ROA over the past 5 years is +5.32%.

    What is the trend of Return on Assets (ROA)?

    The trend of ROA over the past 5 years is -0.21%.

    What is the average Return on Equity (ROE)?

    The average ROE over the past 5 years is +5.54%.

    What is the trend of Return on Equity (ROE)?

    The trend of ROE over the past 5 years is +4.41%.

    Safety & Stabiliy

    Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

    Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
    Debt FCF25.5319.6011.4211.4837.8817.259.466.9813.8019.29
    Debt Equity-24.33-20.93-12.87-34.524.221.521.331.211.061.08
    MIN
    Graham Stability-----100%95%97%41%41%

    What is the Debt/FCF?

    The Debt/FCF trailing twelve month is 19.29.

    What is the trend of Debt/FCF?

    The trend of Debt/FCF over the past 5 years is -2.54.

    What is the Graham’s Stability?

    Graham’s Stability measure stands at 0.41.

    Growth

    Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

    Years12-201612-201812-202012-2022Trend
    Revenue12%14%18%17%2.1%
    Net Income-32%-35%-52%-100%
    Stockholders Equity--41%110%-27%
    FCF17%10%35%-9.5%0.97%

    What is the 5 year Revenue CAGR?

    The Revenue CAGR over the past 5 years is +13.87%.

    What is the trend of Revenue growth?

    The trend of Revenue growth rate over the past 5 years is +2.11%.

    What is the 5 year Earnings CAGR?

    The Earnings CAGR over the past 5 years is +31.66%.

    What is the trend of Earnings growth?

    The trend of Earnings growth rate over the past 5 years is -104.91%.

    What is the 5 year Equity CAGR?

    The Equity CAGR over the past 5 years is -.

    What is the trend of Equity growth?

    The trend of Equity growth rate over the past 5 years is -26.82%.

    What is the 5 year FCF CAGR?

    The FCF CAGR over the past 5 years is +10.43%.

    What is the trend of FCF growth?

    The trend of FCF growth rate over the past 5 years is +0.97%.