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Added to YB: 2024-04-04

Pitch date: 2024-04-03

SES.TO [bullish]

SECURE Waste Infrastructure Corp.

+55.48%

current return

Author Info

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 11.11

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

value

Show full summary:
Secure Energy Services Inc. - $SES.TO

SES.TO: Secure Energy pivoted from drilling to stable waste mgmt (70% EBITDA) & infrastructure (30%). 15-20% water from drilling, 80%+ from production. Trades 6.7x EV/EBITDA vs peers 10-14x despite superior growth, margins, ROIC. Catalysts: buybacks, durability focus, WCN deal, waste industry attention.

Read full article (5 min)