GFL Environmental Inc
NYSE:GFL

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GFL Environmental Inc Logo
GFL Environmental Inc
NYSE:GFL
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Price: 40.36 USD 1.94%
Market Cap: $15.2B

P/OCF

14.6
Current
11%
Cheaper
vs 3-y average of 16.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
14.6
=
Market Cap
$21.6B
/
Operating Cash Flow
CA$1.3B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
14.6
=
Market Cap
$21.6B
/
Operating Cash Flow
CA$1.3B

Valuation Scenarios

GFL Environmental Inc is trading below its 3-year average

If P/OCF returns to its 3-Year Average (16.4), the stock would be worth $45.27 (12% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-25%
Maximum Upside
+12%
Average Downside
3%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 14.6 $40.36
0%
3-Year Average 16.4 $45.27
+12%
5-Year Average 16.4 $45.19
+12%
Industry Average 12.9 $35.68
-12%
Country Average 10.9 $30.23
-25%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
CA
GFL Environmental Inc
NYSE:GFL
19.8B USD 14.6 5.1
US
Waste Management Inc
NYSE:WM
93.8B USD 15.3 34.2
US
Republic Services Inc
NYSE:RSG
65.9B USD 15.1 30.3
CA
Waste Connections Inc
TSX:WCN
58.8B CAD 16.1 36.9
US
Rollins Inc
NYSE:ROL
27.4B USD 40.2 51.8
US
Veralto Corp
NYSE:VLTO
22.1B USD 20.4 23.4
UK
Rentokil Initial PLC
LSE:RTO
12.6B GBP 12.9 26.8
US
Clean Harbors Inc
NYSE:CLH
16.4B USD 18.6 41.2
CN
Spic Yuanda Environmental Protection Co Ltd
SSE:600292
69.3B CNY 102.3 19 123.8
US
Tetra Tech Inc
NASDAQ:TTEK
8.2B USD 15.8 23.2
CN
Hui Lyu Ecological Technology Groups Co Ltd
SZSE:001267
40B CNY -601.1 453.9

Market Distribution

In line with most companies in Canada
Percentile
49th
Based on 1 917 companies
49th percentile
10.7
Low
0.1 — 7.2
Typical Range
7.2 — 17
High
17 —
Distribution Statistics
Canada
Min 0.1
30th Percentile 7.2
Median 10.9
70th Percentile 17
Max 26 053.9

GFL Environmental Inc
Glance View

In the ever-evolving landscape of waste management, GFL Environmental Inc. has carved a significant niche for itself. Emerging from its Canadian roots, GFL—Green For Life—has rapidly expanded its footprint across North America, establishing itself as a formidable player in the environmental services arena. Founded in 2007 by Patrick Dovigi, GFL has strategically pursued a multi-faceted growth strategy that combines organic expansion with a robust acquisition pipeline. This approach enables the company to offer a wide range of services, including solid and liquid waste collection, transfer, recycling, infrastructure, and soil remediation. By targeting both urban and rural markets, GFL extends its service offerings to a diverse clientele ranging from municipalities and industrial clients to individual households. This segmented approach has been key to maintaining a steady revenue stream while accommodating seasonal and economic fluctuations. At the core of GFL’s operations lies its commitment to sustainability and innovation. Connecting these values with financial imperatives, GFL creates value by transforming waste into useful resources through its recycling and composting initiatives. By doing so, it not only reduces landfill dependency but also taps into potentially lucrative secondary markets for recycled materials. Additionally, GFL’s liquid waste services capture another layer of revenue, processing everything from automotive and industrial liquid waste to hazardous materials, using state-of-the-art treatment facilities. These diverse revenue streams ensure that GFL is well-positioned to capitalize on the growing global emphasis on environmental stewardship, all while maintaining a profitable business model that aligns economic success with ecological responsibility.

GFL Intrinsic Value
29.05 USD
Overvaluation 28%
Intrinsic Value
Price $40.36
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