(CWST) Casella Waste Systems - Overview
Sector: Industrials | Industry: Waste Management | Exchange: NASDAQ (USA) | Market Cap: 5.548m USD | Total Return: -26.7% in 12m
Avg Turnover: 52.2M
EPS Trend: 51.5%
Qual. Beats: 0
Rev. Trend: 99.3%
Qual. Beats: 0
Warnings
P/E ratio 792.9
Altman Z'' 0.15 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Casella Waste Systems, Inc. (CWST) is a vertically integrated environmental services company headquartered in Rutland, Vermont. It provides solid waste collection, transfer, disposal, recycling, and organics services to a diverse client base including residential, municipal, and industrial customers. The company also manages a commodities marketing division that processes and sells recovered materials such as fibers, plastics, and metals.
The waste management sector operates on a capital-intensive business model where vertical integration-owning the entire chain from collection trucks to landfills-creates significant competitive moats and pricing power. This industry typically benefits from high barriers to entry due to stringent environmental regulations and the geographical scarcity of permitted landfill space. For a deeper look into the companys valuation metrics and historical performance, consider reviewing the data on ValueRay.
- Strategic acquisitions in New England and Mid-Atlantic markets drive sustained revenue growth
- Landfill pricing power and tipping fee increases offset rising operational costs
- Recycling commodity price volatility impacts materials processing and marketing segment margins
- Labor shortages and fuel price fluctuations pressure regional collection and disposal profitability
- Stringent environmental regulations and permitting hurdles limit new landfill capacity and competition
| Net Income: 7.14m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.15 > 1.0 |
| NWC/Revenue: 5.31% < 20% (prev 14.71%; Δ -9.40% < -1%) |
| CFO/TA 0.10 > 3% & CFO 341.9m > Net Income 7.14m |
| Net Debt (1.20b) to EBITDA (412.0m): 2.90 < 3 |
| Current Ratio: 1.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (63.5m) vs 12m ago 0.25% < -2% |
| Gross Margin: 21.17% > 18% (prev 0.19%; Δ 2.10k% > 0.5%) |
| Asset Turnover: 57.97% > 50% (prev 50.95%; Δ 7.02% > 0%) |
| Interest Coverage Ratio: 1.30 > 6 (EBITDA TTM 412.0m / Interest Expense TTM 61.2m) |
| A: 0.03 (Total Current Assets 359.7m - Total Current Liabilities 260.0m) / Total Assets 3.27b |
| B: -0.04 (Retained Earnings -130.7m / Total Assets 3.27b) |
| C: 0.02 (EBIT TTM 79.5m / Avg Total Assets 3.24b) |
| D: -0.08 (Book Value of Equity -131.7m / Total Liabilities 1.70b) |
| Altman-Z'' = 0.15 = B |
| DSRI: 0.87 (Receivables 175.4m/174.9m, Revenue 1.88b/1.63b) |
| GMI: 0.88 (GM 21.17% / 18.61%) |
| AQI: 1.05 (AQ_t 0.46 / AQ_t-1 0.44) |
| SGI: 1.15 (Revenue 1.88b / 1.63b) |
| TATA: -0.10 (NI 7.14m - CFO 341.9m) / TA 3.27b) |
| Beneish M = -3.21 (Cap -4..+1) = AA |
As of May 28, 2026, the stock is trading at USD 86.24 with a total of 378,230 shares traded.
Over the past week, the price has changed by -0.58%,
over one month by +12.36%,
over three months by -7.43% and
over the past year by -26.67%.
Casella Waste Systems has received a consensus analysts rating of 4.27. Therefore, it is recommended to buy CWST.
- StrongBuy: 7
- Buy: 1
- Hold: 2
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 112 | 29.9% |
P/E Trailing = 792.9091
P/E Forward = 88.4956
P/S = 2.9557
P/B = 3.5429
P/EG = 3.2875
Revenue TTM = 1.88b USD
EBIT TTM = 79.5m USD
EBITDA TTM = 412.0m USD
Long Term Debt = 1.13b USD (from longTermDebt, last quarter)
Short Term Debt = 36.3m USD (from shortTermDebt, last quarter)
Debt = 1.32b USD (from shortLongTermDebtTotal, last quarter) + Leases 85.4m
Net Debt = 1.20b USD (calculated: Debt 1.32b - CCE 126.9m)
Enterprise Value = 6.74b USD (5.55b + Debt 1.32b - CCE 126.9m)
Interest Coverage Ratio = 1.30 (Ebit TTM 79.5m / Interest Expense TTM 61.2m)
EV/FCF = 65.90x (Enterprise Value 6.74b / FCF TTM 102.3m)
FCF Yield = 1.52% (FCF TTM 102.3m / Enterprise Value 6.74b)
FCF Margin = 5.45% (FCF TTM 102.3m / Revenue TTM 1.88b)
Net Margin = 0.38% (Net Income TTM 7.14m / Revenue TTM 1.88b)
Gross Margin = 21.17% ((Revenue TTM 1.88b - Cost of Revenue TTM 1.48b) / Revenue TTM)
Gross Margin QoQ = 15.40% (prev 16.36%)
Tobins Q-Ratio = 2.06 (Enterprise Value 6.74b / Total Assets 3.27b)
Interest Expense / Debt = 4.63% (Interest Expense 61.2m / Debt 1.32b)
Taxrate = 39.70% (5.18m / 13.1m)
NOPAT = 47.9m (EBIT 79.5m * (1 - 39.70%))
Current Ratio = 1.38 (Total Current Assets 359.7m / Total Current Liabilities 260.0m)
Debt / Equity = 0.84 (Debt 1.32b / totalStockholderEquity, last quarter 1.57b)
Debt / EBITDA = 2.90 (Net Debt 1.20b / EBITDA 412.0m)
Debt / FCF = 11.68 (Net Debt 1.20b / FCF TTM 102.3m)
Total Stockholder Equity = 1.56b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.22% (Net Income 7.14m / Total Assets 3.27b)
RoE = 0.42% (Net Income TTM 7.14m / Total Stockholder Equity 1.70b)
RoCE = 2.82% (EBIT 79.5m / Capital Employed (Equity 1.70b + L.T.Debt 1.13b))
RoIC = 1.64% (NOPAT 47.9m / Invested Capital 2.92b)
WACC = 5.70% (E(5.55b)/V(6.87b) * Re(6.39%) + D(1.32b)/V(6.87b) * Rd(4.63%) * (1-Tc(0.40)))
Discount Rate = 6.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.67 | Cagr: 4.16%
[DCF] Terminal Value 76.36% ; FCFF base≈99.5m ; Y1≈106.0m ; Y5≈126.3m
[DCF] Fair Price = 11.91 (EV 1.94b - Net Debt 1.20b = Equity 746.1m / Shares 62.6m; r=8.35% [WACC [floored]]; 5y FCF grow 7.32% → 2.50% )
EPS Correlation: 51.54 | EPS CAGR: 15.68% | SUE: 0.04 | # QB: 0
Revenue Correlation: 99.25 | Revenue CAGR: 21.33% | SUE: 0.82 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.30 | Chg30d=-15.85% | Revisions=+0% | Analysts=10
EPS next Quarter (2026-09-30): EPS=0.41 | Chg30d=-17.35% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=1.18 | Chg30d=-4.79% | Revisions=+0% | GrowthEPS=-7.4% | GrowthRev=+12.8%
EPS next Year (2027-12-31): EPS=1.50 | Chg30d=-14.73% | Revisions=+0% | GrowthEPS=+27.7% | GrowthRev=+7.4%
[Analyst] Revisions Ratio: +0%