Clean Harbors Inc. provides a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. The company was founded in 1980 and is based in Norwell, Massachusetts.
CLH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CLH, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Clean Harbors Inc ranked in the 41th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for CLH, they are:
Clean Harbors Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 23% of tickers in our DCF set.
Clean Harbors Inc's effective tax rate, as measured by taxes paid relative to net income, is at 18 -- greater than 73.8% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Industrials), Clean Harbors Inc has a reliance on debt greater than 59.76% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ATRO, FISV, PCAR, TISI, and CTAS can be thought of as valuation peers to CLH, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Clean Harbors, Inc. ("Clean Harbors") (NYSE:CLH), the leading provider of environmental and industrial services throughout North America, today announced that Chief Financial Officer Michael L. Battles, EVP Safety-Kleen Oil Craig Linington and SVP Investor Relations Jim Buckley will be participating in a fireside chat at Stifel’s 2020 Virtual Cross Sector Insight Conference.
NORWELL, Mass.--(BUSINESS WIRE)--As the first major sport to return following coronavirus shutdowns, NASCAR is expanding its partnership with Clean Harbors (NYSE: CLH), North America’s leading provider of environmental and industrial services, for infectious disease prevention and decontamination needs. Clean Harbors is currently disinfecting and decontaminating Darlington Raceway to ensure the safety of all drivers, crew and personnel for upcoming races. “As NASCAR returns to racing, it’s esse