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

Enter the company code or Name for stock analysis:

CWY - CLEANAWAY WASTE MANAGEMENT LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 3.39
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

$2.57

26 May
2023

-0.030

OPEN

$2.60

-1.15%

HIGH

$2.61

4,028,912

LOW

$2.56

TARGET
$2.795 8.8% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . AVD . BIN . BSA . CG1 . CIM . CLG . CVL . CXL . DOW . EGN . EVS . FLC . HRL . IPG . LBL . MAD . PPK . PTB . SDV . SHA . SND . SSM . TPI . TSE . VEE . WTP . XTE .
FNARENA'S MARKET CONSENSUS FORECASTS
CWY: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 4.0 7.0 xxx
DPS (cps) xxx 4.9 4.7 xxx
EPS Growth xxx - 43.5% 74.2% xxx
DPS Growth xxx N/A - 3.7% xxx
PE Ratio xxx N/A 37.0 xxx
Dividend Yield xxx N/A 1.8% xxx
Div Pay Ratio(%) xxx 122.8% 67.9% xxx

Dividend yield today if purchased 3 years ago: 2.51%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.91

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: 06/03 - ex-div 2.45c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx4.0
DPS All xxxxxxxxxxxxxxx4.9
Sales/Revenue xxxxxxxxxxxxxxx2,969.3 M
Book Value Per Share xxxxxxxxxxxxxxx127.3
Net Operating Cash Flow xxxxxxxxxxxxxxx467.3 M
Net Profit Margin xxxxxxxxxxxxxxx2.66 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx3.00 %
Return on Invested Capital xxxxxxxxxxxxxxx2.01 %
Return on Assets xxxxxxxxxxxxxxx1.48 %
Return on Equity xxxxxxxxxxxxxxx3.00 %
Return on Total Capital xxxxxxxxxxxxxxx4.17 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx115.8 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 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx101 M
Long Term Debt xxxxxxxxxxxxxxx1,583 M
Total Debt xxxxxxxxxxxxxxx1,684 M
Goodwill - Gross xxxxxxxxxxxxxxx2,366 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx67 M
Price To Book Value xxxxxxxxxxxxxxx1.98

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx263.0 M
Capex % of Sales xxxxxxxxxxxxxxx8.86 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,641 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx161 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx67 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

0.3

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

24/02/2023

1

Overweight

$3.18

23.74%

Operating earnings in the first half were slightly ahead of Morgan Stanley's estimates. Underlying net profit was below forecasts because of slightly higher non-cash finance costs.

Cleanaway Waste Management does not expect to resume franking dividends until December 2024 owing to the take-up of instant write-offs.

The Overweight rating and target price of $3.18 are retained. Industry view: Cautious.

FORECAST
Morgan Stanley forecasts a full year FY23 dividend of 4.60 cents and EPS of 7.70 cents.
Morgan Stanley forecasts a full year FY24 dividend of 5.70 cents and EPS of 10.00 cents.

Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

CWY STOCK CHART

FNArena News on CWY

1
Australian Broker Call *Extra* Edition – May 10, 2023

May 10 2023 - Daily Market Reports
2
Rudi’s View: RBA Hikes, US Recession, Portfolio Adjustments

May 04 2023 - Rudi's View
3
Australian Broker Call *Extra* Edition – Apr 27, 2023

Apr 27 2023 - Daily Market Reports
4
ESG Focus: ESG And The Hunt For Alpha

Mar 30 2023 - ESG Focus
5
Weekly Ratings, Targets, Forecast Changes – 24-03-23

Mar 27 2023 - Weekly Reports

Latest Industrial Sector Contractors & Engineers News

1
Upgrades Reflect Cost Control at ALS

Mar 31 2023 - Australia
2
Cleanaway: Wait For Cheaper Prices

Oct 11 2022 - Technicals
3
New Age Drives Growth For ALS

Sep 14 2022 - Australia
4
High Growth To Be High Cost For Cleanaway

Jun 15 2022 - Australia
5
New Growth Pathway for Cleanaway Waste Management

Mar 14 2022 - Australia
6
Better Times Ahead For Contractors

Sep 10 2021 - Australia
7
ALS Gathers Pace As Commodities Surge

May 27 2021 - Australia
8
Cash For Trash In Listed Waste Management

Apr 23 2021 - Weekly Reports
9
Lift In Exploration Augurs Well For ALS

Mar 11 2021 - Australia
10
Service Stream: Margin Pressure Versus NBN Upside

Mar 03 2021 - Australia