Added to YB: 2025-08-20
Pitch date: 2025-08-19
SES.TO [bullish]
SECURE Waste Infrastructure Corp.
+5.18%
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 16.28
Price Target
N/A
Dividend
2.46%
EV/EBITDA
10.43
P/E
19.33
EV/Sales
0.44
Sector
Oil, Gas and Consumable Fuels
Category
growth
SECURE Waste Infrastructure Corp. - $SES.TO
SES.TO: Waste mgmt infrastructure co w/ 90% recurring revenue shifting from energy. 30%+ EBITDA margins, 60% FCF conversion, 25% ROCE. Growth via: organic projects (20% IRR), pricing power (critical service, geographic monopoly), M&A (5x EBITDA), 17.4% buyback yield. Trades at <7x FCF. Smart mgmt team proven by Tervita acquisition/divestiture.
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