Added to YB: 2024-09-05
Pitch date: 2024-09-04
SES.TO [bullish]
SECURE Waste Infrastructure Corp.
+51.44%
current return
Author Info
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Company Info
SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States.
Market Cap
CAD 3.6B
Pitch Price
CAD 11.40
Price Target
23.00 (+33%)
Dividend
2.46%
EV/EBITDA
10.43
P/E
19.33
EV/Sales
0.44
Sector
Oil, Gas and Consumable Fuels
Category
value
Secure Energy Services Inc. - $SES.TO
SES.TO: Waste mgmt & energy infra co. 70% mkt share in W. Canada. 7x EV/EBITDA vs peers 13-16x. 65% capacity utilization, room for growth. Strong FCF, 3.3% div yield, aggressive buybacks. Risks: energy exposure, name confusion. PT $23 (12x EBITDA). 5yr outlook: higher earnings, potential multiple expansion.
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