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Waste Connections Inc
NYSE:WCN

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Waste Connections Inc
NYSE:WCN
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Price: 163.75 USD 0.13% Market Closed
Market Cap: $42.2B

P/E

40.5
Current
23%
Cheaper
vs 3-y average of 52.6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
40.5
=
Market Cap
$57.7B
/
Net Income
$1.1B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
40.5
=
Market Cap
$57.7B
/
Net Income
$1.1B

Valuation Scenarios

Waste Connections Inc is trading below its 3-year average

If P/E returns to its 3-Year Average (52.6), the stock would be worth $212.5 (30% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-54%
Maximum Upside
+30%
Average Downside
5%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 40.5 $163.75
0%
3-Year Average 52.6 $212.5
+30%
5-Year Average 52.5 $212.04
+29%
Industry Average 30.1 $121.55
-26%
Country Average 18.6 $75.26
-54%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
$57.7B
/
Apr 2026
$1.1B
=
40.5
Current
$57.7B
/
Dec 2026
$1.4B
=
41.1
Forward
$57.7B
/
Dec 2027
$1.6B
=
35.9
Forward
$57.7B
/
Dec 2028
$1.8B
=
31.7
Forward
$57.7B
/
Dec 2029
$2B
=
29.2
Forward
$57.7B
/
Dec 2030
$2.2B
=
26.5
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Higher than 70% of companies in Canada
Percentile
70th
Based on 1 768 companies
70th percentile
29.7
Low
0 — 14.2
Typical Range
14.2 — 29.3
High
29.3 —
Distribution Statistics
Canada
Min 0
30th Percentile 14.2
Median 18.6
70th Percentile 29.3
Max 19 628.5

Waste Connections Inc
Glance View

In the realm of waste management, where efficiency and sustainability meet, Waste Connections Inc. stands out with its robust business model and strategic positioning. Founded in 1997, this North American waste services company has grown through a blend of organic growth and strategic acquisitions. It predominantly operates in secondary markets—those midsize cities and rural areas often overlooked by larger competitors. This shrewd focus allows Waste Connections to minimize competition while maximizing market penetration. By offering comprehensive waste management services, which include collection, transfer, disposal, and recycling, the company ensures a steady stream of revenue, bolstered by long-term contracts with municipalities and commercial customers. The company is not merely a passive player in the waste industry; it's an essential cog in the wheel, transforming refuse into resources. Revenue generation for Waste Connections is further fortified by its vertical integration. By owning the entire chain of operations from pick-up to processing, the company efficiently controls costs and enhances service quality. This control not only ensures better margins but also fosters customer loyalty by providing reliable and tailored waste solutions. Moreover, Waste Connections is committed to environmental stewardship, investing in technology to optimize landfill gas capture and advancing efforts in recycling and renewable energy initiatives, which positions the company favorably in an era focused on sustainability. The blend of strategic location focus, vertical integration, and environmental initiatives underscores Waste Connections Inc.'s narrative as a pragmatic industry leader that balances business acumen with environmental responsibility to maintain its growth trajectory.

WCN Intrinsic Value
140.92 USD
Overvaluation 14%
Intrinsic Value
Price $163.75
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