CLEANAWAY WASTE MANAGEMENT LIMITED (CWY)
Share Price Analysis and Chart

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CWY

CWY - CLEANAWAY WASTE MANAGEMENT LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 2.34
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Cleanaway Waste Management is an Australian waste management company providing collection, disposal and recycling services to businesses ranging from small to multinational organisations. It listed in 2005 and the current name was adopted in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.82

28 Aug
2025

0.030

OPEN

$2.80

1.08%

HIGH

$2.83

4,072,519

LOW

$2.79

TARGET
$3.182 12.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BOL . BSA . CG1 . CLG . CVL . CXL . DOW . DUR . EGL . FLC . IPG . LBL . MAD . PPK . RWL . SDV . SHA . SND . SSM . SYL . VEE . VNT . VYS .
FNARENA'S MARKET CONSENSUS FORECASTS
CWY: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 7.0 10.6 xxx
DPS (cps) xxx 6.0 6.6 xxx
EPS Growth xxx 0.0% 50.2% xxx
DPS Growth xxx 20.0% 9.7% xxx
PE Ratio xxx N/A 26.3 xxx
Dividend Yield xxx N/A 2.4% xxx
Div Pay Ratio(%) xxx 85.3% 62.3% xxx

Dividend yield today if purchased 3 years ago: 2.17%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.16

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 13/09 - ex-div 2.55c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx7.0
DPS All xxxxxxxxxxxxxxx6.0
Sales/Revenue xxxxxxxxxxxxxxx3,788.9 M
Book Value Per Share xxxxxxxxxxxxxxx136.3
Net Operating Cash Flow xxxxxxxxxxxxxxx459.3 M
Net Profit Margin xxxxxxxxxxxxxxx4.14 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx5.20 %
Return on Invested Capital xxxxxxxxxxxxxxx3.39 %
Return on Assets xxxxxxxxxxxxxxx2.42 %
Return on Equity xxxxxxxxxxxxxxx5.20 %
Return on Total Capital xxxxxxxxxxxxxxx7.76 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx49.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx215 M
Long Term Debt xxxxxxxxxxxxxxx1,590 M
Total Debt xxxxxxxxxxxxxxx1,805 M
Goodwill - Gross xxxxxxxxxxxxxxx2,442 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx87 M
Price To Book Value xxxxxxxxxxxxxxx2.00

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx335.1 M
Capex % of Sales xxxxxxxxxxxxxxx8.84 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,270 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx147 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx91 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

28/07/2025

1

Buy

$3.20

13.48%

UBS holds a constructive view on the upcoming FY25 reporting season for the Australian engineering and construction (E&C) sector, citing resilient earnings growth potential.

The broker forecasts double-digit EPS growth for the sector in FY25 and FY26, outperforming the broader ASX200, which is expected to deliver -2% and 5% respectively.

Earnings growth in the sector is underpinned by favourable long-term drivers, including rising infrastructure investment in Australia. UBS believes this will benefit SGH Ltd and Downer EDI. Growing global energy demand is also expected to support Worley.

For Cleanaway Waste Management, the analysts forecast FY25 earnings (EBIT) of $411m, aligning with the midpoint of company guidance ($395–425m) and in line with consensus of $411m.

For FY26, the broker forecasts earnings will rise to $489m, slightly below consensus of $495m, supported by ongoing cost optimisation initiatives and earnings contribution from the Contract Resources acquisition.

Target edges down to $3.20 from $3.25. Buy retained.

FORECAST
UBS forecasts a full year FY26 dividend of 7.00 cents and EPS of 11.00 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

24/08/2025

1

Buy

$3.20

13.48%

Cleanaway Waste Management's FY25 underlying EBIT met consensus and midpoint of guidance, showing improved earnings momentum as EBIT grew17% y/y in 2H vs 12% in 1H. 

The disappointment was in FY26 EBIT guidance of $470-500m range, with the broker highlighting the lower end indicated no organic EBIT growth in FY26. Net finance guidance was also $30m higher vs FY25.

Still, the broker is hopeful of upward revision to guidance as the year progresses, leaving its FY26 EBIT forecast unchanged at $491m. EPS forecast for FY26-27, however, downgraded on higher interest expenses.

Buy. Target unchanged at $3.20.

FORECAST
Jarden forecasts a full year FY26 dividend of 7.40 cents and EPS of 10.90 cents.
Jarden forecasts a full year FY27 dividend of 8.60 cents and EPS of 12.60 cents.
Access Extra Coverage Research History >

CWY STOCK CHART

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