CECO ENVIRONMENTAL CORP. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.45 USD | -2.26% |
|
-11.33% | +10.70% |
| Apr. 30 | Transcript : CECO Environmental Corp., Q1 2024 Earnings Call, Apr 30, 2024 | |
| Apr. 30 | Earnings Flash (CECO) CECO ENVIRONMENTAL Reports Q1 Revenue $126.3M, vs. Street Est of $135.8M | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 268.9 | 246.2 | 223.1 | 400.3 | 706 | 784.3 | - | - |
| Enterprise Value (EV) 1 | 268.9 | 282.8 | 257 | 400.3 | 706 | 784.3 | 784.3 | 784.3 |
| P/E ratio | 15.3 x | 30.3 x | 156 x | 23.4 x | 54.8 x | 32.2 x | 20 x | 15.1 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.79 x | 0.78 x | 0.69 x | 0.95 x | 1.3 x | 1.31 x | 1.2 x | 1.13 x |
| EV / Revenue | 0.79 x | 0.78 x | 0.69 x | 0.95 x | 1.3 x | 1.31 x | 1.2 x | 1.13 x |
| EV / EBITDA | 8.15 x | 7.5 x | 8.92 x | 9.49 x | 12.2 x | 11.3 x | 9.33 x | 7.98 x |
| EV / FCF | 58.8 x | 517 x | 20.9 x | 15.2 x | 19.5 x | 24.8 x | 14.3 x | 11.7 x |
| FCF Yield | 1.7% | 0.19% | 4.79% | 6.56% | 5.14% | 4.04% | 6.98% | 8.53% |
| Price to Book | 1.39 x | 1.21 x | 1.08 x | - | - | - | - | - |
| Nbr of stocks (in thousands) | 35,106 | 35,367 | 35,809 | 34,270 | 34,813 | 34,936 | - | - |
| Reference price 2 | 7.660 | 6.960 | 6.230 | 11.68 | 20.28 | 22.45 | 22.45 | 22.45 |
| Announcement Date | 3/4/20 | 3/3/21 | 3/14/22 | 3/6/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 341.9 | 316 | 324.1 | 422.6 | 544.8 | 597.5 | 652.6 | 696.2 |
| EBITDA 1 | 33 | 32.8 | 25 | 42.2 | 57.7 | 69.6 | 84.05 | 98.3 |
| EBIT 1 | 28.2 | 13.3 | 9.9 | 22.16 | 34.57 | 51.39 | 69.01 | 81.4 |
| Operating Margin | 8.25% | 4.21% | 3.05% | 5.24% | 6.34% | 8.6% | 10.57% | 11.69% |
| Earnings before Tax (EBT) 1 | 13.34 | 11.84 | 4.674 | 23.69 | 21.52 | 35.27 | 55.61 | 75.7 |
| Net income 1 | 17.71 | 8.211 | 1.426 | 17.42 | 12.91 | 25.22 | 40.88 | 54 |
| Net margin | 5.18% | 2.6% | 0.44% | 4.12% | 2.37% | 4.22% | 6.26% | 7.76% |
| EPS 2 | 0.5000 | 0.2300 | 0.0400 | 0.5000 | 0.3700 | 0.6967 | 1.123 | 1.490 |
| Free Cash Flow 1 | 4.572 | 0.476 | 10.68 | 26.27 | 36.26 | 31.68 | 54.77 | 66.9 |
| FCF margin | 1.34% | 0.15% | 3.3% | 6.22% | 6.66% | 5.3% | 8.39% | 9.61% |
| FCF Conversion (EBITDA) | 13.85% | 1.45% | 42.73% | 62.26% | 62.85% | 45.52% | 65.16% | 68.06% |
| FCF Conversion (Net income) | 25.82% | 5.8% | 749.09% | 150.85% | 280.87% | 125.62% | 133.96% | 123.89% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/4/20 | 3/3/21 | 3/14/22 | 3/6/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 93.59 | 92.44 | 105.4 | 108.4 | 116.4 | 112.6 | 129.2 | 149.4 | 153.7 | 126.3 | 143.9 | 160 | 167.2 | 142.2 | 157.2 |
| EBITDA 1 | 9.1 | 9.5 | 10.6 | 9.2 | 13 | 9.7 | 13.7 | 15.1 | 19.4 | 13.2 | 14.32 | 19.67 | 22.41 | 15.44 | 19.18 |
| EBIT 1 | 5.3 | 7.8 | 5.746 | 2.773 | 8.438 | 5.461 | 8.603 | 7.853 | 12.65 | 7.686 | 9.836 | 15.46 | 18.38 | 11.76 | 16.59 |
| Operating Margin | 5.66% | 8.44% | 5.45% | 2.56% | 7.25% | 4.85% | 6.66% | 5.26% | 8.23% | 6.08% | 6.83% | 9.66% | 10.99% | 8.27% | 10.55% |
| Earnings before Tax (EBT) 1 | 3.378 | 3.922 | 6.584 | 2.48 | 10.7 | 2.479 | 4.974 | 4.297 | 9.776 | 2.76 | 6.008 | 11.78 | 14.7 | 7.862 | 12.77 |
| Net income 1 | 1.202 | 2.792 | 4.385 | 1.943 | 8.295 | 1.978 | 3.724 | 3.33 | 3.879 | 1.508 | 4.222 | 8.643 | 10.83 | 5.573 | 9.349 |
| Net margin | 1.28% | 3.02% | 4.16% | 1.79% | 7.13% | 1.76% | 2.88% | 2.23% | 2.52% | 1.19% | 2.93% | 5.4% | 6.48% | 3.92% | 5.95% |
| EPS 2 | 0.0300 | 0.0800 | 0.1300 | 0.0600 | 0.2400 | 0.0600 | 0.1100 | 0.0900 | 0.1100 | 0.0400 | 0.1183 | 0.2383 | 0.3000 | 0.1533 | 0.2567 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/14/22 | 5/10/22 | 8/8/22 | 11/7/22 | 3/6/23 | 5/9/23 | 8/8/23 | 11/7/23 | 3/5/24 | 4/30/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | 36.6 | 33.9 | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.117 x | 1.355 x | - | - | - | - | - |
| Free Cash Flow 1 | 4.57 | 0.48 | 10.7 | 26.3 | 36.3 | 31.7 | 54.8 | 66.9 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | 5.490 | 5.760 | 5.750 | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 5.66 | 3.95 | 2.62 | 3.38 | 8.38 | 10.7 | 10.2 | 7.5 |
| Capex / Sales | 1.65% | 1.25% | 0.81% | 0.8% | 1.54% | 1.79% | 1.56% | 1.08% |
| Announcement Date | 3/4/20 | 3/3/21 | 3/14/22 | 3/6/23 | 3/5/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
22.45
USD
Average target price
27.67
USD
Spread / Average Target
+23.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +10.70% | 784M | |
| +12.96% | 8.89B | |
| +36.64% | 2.4B | |
| -9.89% | 1.07B | |
| -2.41% | 824M | |
| +10.86% | 647M | |
| -11.56% | 624M | |
| +6.61% | 616M | |
| -4.66% | 577M | |
| +3.62% | 515M |
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