(CECO) CECO Environmental - Overview
Sector: Industrials | Industry: Pollution & Treatment Controls | Exchange: NASDAQ (USA) | Market Cap: 2.931m USD | Total Return: 215.6% in 12m
Avg Turnover: 57.4M
EPS Trend: 74.3%
Qual. Beats: 0
Rev. Trend: 95.3%
Qual. Beats: 1
Warnings
P/E ratio 215.0
Tailwinds
Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind
CECO Environmental Corp. (NASDAQ: CECO) is a global provider of industrial air quality, water treatment, and energy transition solutions. Operating through its Engineered Systems and Industrial Process Solutions segments, the company designs and manufactures specialized equipment including emissions management systems, fluid handling pumps, and filtration technologies. Its diversified portfolio serves high-growth end markets such as semiconductor fabrication, desalination, and food and beverage processing.
The company operates within the environmental technology sector, where business models often rely on a mix of high-margin capital equipment sales and recurring revenue from aftermarket parts and maintenance services. As global industrial regulations tighten, demand for integrated pollution control and resource recovery systems typically correlates with increased environmental compliance spending across the manufacturing and energy sectors.
Investors may find it useful to review ValueRay for further data on the companys valuation metrics.
- Global industrial air quality regulations drive demand for emissions management systems
- Expansion into high-growth semiconductor and EV battery markets accelerates recurring revenue
- Energy transition infrastructure spending increases backlog for carbon capture and hydrogen solutions
- Strategic acquisitions in industrial water treatment diversify portfolio and enhance profit margins
- Geopolitical instability and supply chain disruptions impact global project execution and margins
| Net Income: 17.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.82 > 1.0 |
| NWC/Revenue: 16.43% < 20% (prev 32.44%; Δ -16.02% < -1%) |
| CFO/TA 0.02 > 3% & CFO 23.4m > Net Income 17.1m |
| Net Debt (236.0m) to EBITDA (77.7m): 3.04 < 3 |
| Current Ratio: 1.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.8m) vs 12m ago 0.21% < -2% |
| Gross Margin: 34.28% > 18% (prev 0.35%; Δ 3.39k% > 0.5%) |
| Asset Turnover: 81.87% > 50% (prev 63.56%; Δ 18.32% > 0%) |
| Interest Coverage Ratio: 2.74 > 6 (EBITDA TTM 77.7m / Interest Expense TTM 19.4m) |
| A: 0.13 (Total Current Assets 539.2m - Total Current Liabilities 405.8m) / Total Assets 1.03b |
| B: 0.05 (Retained Earnings 56.2m / Total Assets 1.03b) |
| C: 0.05 (EBIT TTM 53.4m / Avg Total Assets 992.2m) |
| D: 0.07 (Book Value of Equity 47.6m / Total Liabilities 710.2m) |
| Altman-Z'' = 1.46 = BB |
| DSRI: 0.88 (Receivables 278.5m/235.7m, Revenue 812.4m/608.3m) |
| GMI: 1.02 (GM 34.28% / 35.04%) |
| AQI: 0.93 (AQ_t 0.40 / AQ_t-1 0.43) |
| SGI: 1.34 (Revenue 812.4m / 608.3m) |
| TATA: -0.01 (NI 17.1m - CFO 23.4m) / TA 1.03b) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of May 27, 2026, the stock is trading at USD 89.87 with a total of 1,092,467 shares traded.
Over the past week, the price has changed by +13.13%,
over one month by +38.43%,
over three months by +41.93% and
over the past year by +215.55%.
CECO Environmental has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy CECO.
- StrongBuy: 3
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 93.6 | 4.2% |
P/E Trailing = 215.0263
P/E Forward = 48.7805
P/S = 3.6476
P/B = 9.39
P/EG = 1.4433
Revenue TTM = 812.4m USD
EBIT TTM = 53.4m USD
EBITDA TTM = 77.7m USD
Long Term Debt = 247.9m USD (from longTermDebt, last quarter)
Short Term Debt = 5.34m USD (from shortTermDebt, last quarter)
Debt = 281.4m USD (corrected: LT Debt 247.9m + ST Debt 5.34m) + Leases 28.1m
Net Debt = 236.0m USD (calculated: Debt 281.4m - CCE 45.4m)
Enterprise Value = 3.17b USD (2.93b + Debt 281.4m - CCE 45.4m)
Interest Coverage Ratio = 2.74 (Ebit TTM 53.4m / Interest Expense TTM 19.4m)
EV/FCF = 769.3x (Enterprise Value 3.17b / FCF TTM 4.12m)
FCF Yield = 0.13% (FCF TTM 4.12m / Enterprise Value 3.17b)
FCF Margin = 0.51% (FCF TTM 4.12m / Revenue TTM 812.4m)
Net Margin = 2.11% (Net Income TTM 17.1m / Revenue TTM 812.4m)
Gross Margin = 34.28% ((Revenue TTM 812.4m - Cost of Revenue TTM 533.9m) / Revenue TTM)
Gross Margin QoQ = 35.11% (prev 33.25%)
Tobins Q-Ratio = 3.08 (Enterprise Value 3.17b / Total Assets 1.03b)
Interest Expense / Debt = 6.91% (Interest Expense 19.4m / Debt 281.4m)
Taxrate = 35.90% (29.7m / 82.8m)
NOPAT = 34.2m (EBIT 53.4m * (1 - 35.90%))
Current Ratio = 1.33 (Total Current Assets 539.2m / Total Current Liabilities 405.8m)
Debt / Equity = 0.90 (Debt 281.4m / totalStockholderEquity, last quarter 312.2m)
Debt / EBITDA = 3.04 (Net Debt 236.0m / EBITDA 77.7m)
Debt / FCF = 57.31 (Net Debt 236.0m / FCF TTM 4.12m)
Total Stockholder Equity = 309.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.73% (Net Income 17.1m / Total Assets 1.03b)
RoE = 5.54% (Net Income TTM 17.1m / Total Stockholder Equity 309.3m)
RoCE = 9.58% (EBIT 53.4m / Capital Employed (Equity 309.3m + L.T.Debt 247.9m))
RoIC = 5.46% (NOPAT 34.2m / Invested Capital 626.9m)
WACC = 8.81% (E(2.93b)/V(3.21b) * Re(9.23%) + D(281.4m)/V(3.21b) * Rd(6.91%) * (1-Tc(0.36)))
Discount Rate = 9.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 65.93 | Cagr: 1.33%
[DCF] Terminal Value 71.39% ; FCFF base≈7.13m ; Y1≈6.25m ; Y5≈5.05m
[DCF] Fair Price = N/A (negative equity: EV 75.3m - Net Debt 236.0m = -160.6m; debt exceeds intrinsic value)
EPS Correlation: 74.34 | EPS CAGR: 38.20% | SUE: 0.58 | # QB: 0
Revenue Correlation: 95.34 | Revenue CAGR: 19.71% | SUE: 1.17 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.31 | Chg30d=-5.94% | Revisions=-11% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.40 | Chg30d=+5.26% | Revisions=+0% | Analysts=5
EPS current Year (2026-12-31): EPS=1.67 | Chg30d=+8.41% | Revisions=+33% | GrowthEPS=+87.1% | GrowthRev=+25.0%
EPS next Year (2027-12-31): EPS=2.25 | Chg30d=+8.70% | Revisions=+50% | GrowthEPS=+34.9% | GrowthRev=+14.8%
[Analyst] Revisions Ratio: +50%