Undervalued Waste Management Stocks on TSE July 2023

July 16, 2023

Waste Management

Waste Management companies collect, treat, store, transfer, recycle, and dispose of waste materials, and provide supporting environmental, engineering, and consulting services.

Toronto Stock Exchange

The Toronto Stock Exchange (TSE) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Waste Management stocks

Stocks in this category are held primarily for potential income and capital appreciation.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
WCN Waste Connections 184.99 211.46 14.31 200418 47725 0.72 42.1
GFL GFL Environmental 48.64 49.84 2.46 196797 17957 0.13 0.0
All data provided as at market close July 12, 2023.

Company Details

Waste Connections

WCN:TSX

Close Price

184.99

Our Valuation

211.46

% Difference

14.31

Market Cap ($M)

47725

P/E Ratio

42.1

Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 100 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 79 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste.

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GFL Environmental

GFL:TSX

Close Price

48.64

Our Valuation

49.84

% Difference

2.46

Market Cap ($M)

17957

P/E Ratio

0.0

GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation.

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Waste Connections and GFL Environmental are the most undervalued Waste Management stocks on the TSE. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-waste-management-stocks-tse-july-2023
Waste Connections $WCN and GFL Environmental $GFL are the most undervalued Waste Management stocks on the #TSE. See the full list: https://www.stockcalc.com/Blog/undervalued-waste-management-stocks-tse-july-2023
Waste Connections and GFL Environmental are the most undervalued Waste Management stocks on the TSE. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-waste-management-stocks-tse-july-2023

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