{"id":479961,"date":"2026-06-06T22:35:09","date_gmt":"2026-06-06T22:35:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/479961\/"},"modified":"2026-06-06T22:35:09","modified_gmt":"2026-06-06T22:35:09","slug":"assessing-secure-waste-infrastructures-valuation-after-strong-recent-shareholder-returns","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/479961\/","title":{"rendered":"Assessing SECURE Waste Infrastructure\u2019s Valuation After Strong Recent Shareholder Returns"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/simplywall.st\/features\/portfolio?utm_medium=finance_user&amp;utm_campaign=portfolio_head_cta&amp;utm_source=yahoo&amp;blueprint=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Track your investments for FREE;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Track your investments for FREE&quot;}\" class=\"link \">Track your investments for FREE<\/a> with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.<\/p>\n<p class=\"yf-1fy9kyt\">SECURE Waste Infrastructure (TSX:SES) recently rebranded from Secure Energy Services Inc., a shift that highlights its focus on waste management and energy infrastructure across Canada and the United States for investors tracking sector exposure.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/0dc38ffb-08e3-4cc3-aab4-67d44400117d?utm_medium=finance_user&amp;utm_campaign=cta_company_latest_analysis&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See our latest analysis for SECURE Waste Infrastructure.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;See our latest analysis for SECURE Waste Infrastructure.&quot;}\" class=\"link \">See our latest analysis for SECURE Waste Infrastructure.<\/a><\/p>\n<p class=\"yf-1fy9kyt\">At a latest share price of CA$21.33, SECURE Waste Infrastructure has seen solid momentum, with a year to date share price return of 22.16% and a 1 year total shareholder return of 44.91%, building on a very large 5 year total shareholder return that is close to 5x.<\/p>\n<p class=\"yf-1fy9kyt\">If this kind of long term compounding interests you, it can be useful to see which other companies have been gaining traction too. You can start with our screener of <a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/10146\/solid-balance-sheet-and-fundamentals\/ca?utm_medium=finance_user&amp;utm_campaign=cta_screener_solid_balance_sheet&amp;utm_source=yahoo&amp;blueprint=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:solid balance sheet and fundamentals stocks screener (10 results);elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;solid balance sheet and fundamentals stocks screener (10 results)&quot;}\" class=\"link \">solid balance sheet and fundamentals stocks screener (10 results)<\/a><\/p>\n<p class=\"yf-1fy9kyt\">With SECURE Waste Infrastructure trading at CA$21.33, a value score of 3, and an indicated intrinsic discount, the key question is whether the stock still offers upside or if the market already prices in future growth.<\/p>\n<p>      Price-to-Earnings of 38.8x: Is it justified?    <\/p>\n<p class=\"yf-1fy9kyt\">On a P\/E of 38.8x at a CA$21.33 share price, SECURE Waste Infrastructure screens as expensive versus both its own fair P\/E estimate and parts of its peer group.<\/p>\n<p class=\"yf-1fy9kyt\">The P\/E ratio compares the share price to earnings per share and is a simple way to see how much investors are paying for each dollar of profit. For a company like SECURE Waste Infrastructure, which now reports high quality earnings and has become profitable over the past 5 years, the P\/E hints at how much of that earnings story is already reflected in the price.<\/p>\n<p class=\"yf-1fy9kyt\">According to the SWS fair ratio work, a P\/E of 23.6x would be more in line with the company\u2019s fundamentals. The current 38.8x therefore looks rich relative to that benchmark. Compared to peers, the picture is mixed. The stock trades below a much higher peer average P\/E of 70.3x, but above the broader Canadian oil and gas industry average of 26.5x, suggesting investors are paying a premium to the sector, but not to the most expensive stocks in its peer group.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/\/company\/id\/0dc38ffb-08e3-4cc3-aab4-67d44400117d\/valuation?utm_medium=finance_user&amp;utm_campaign=fair_ratio_cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Explore the SWS fair ratio for SECURE Waste Infrastructure;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Explore the SWS fair ratio for SECURE Waste Infrastructure&quot;}\" class=\"link \">Explore the SWS fair ratio for SECURE Waste Infrastructure<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Result: Preferred multiple of price-to-earnings of 38.8x (OVERVALUED)<\/p>\n<p class=\"yf-1fy9kyt\">However, investors also need to weigh risks such as any change in regulatory frameworks around waste infrastructure, as well as potential shifts in energy sector activity affecting customer demand.<\/p>\n<p class=\"yf-1fy9kyt\">Wall Street&#8217;s queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. \u2192 <a href=\"https:\/\/simplywall.st\/community\/users\/c0ynlkvu\/watchlists\/ymxcqml5?utm_medium=finance_user&amp;utm_campaign=spacex_ipo_cta&amp;utm_source=yahoo&amp;blueprint=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:20 Compelling Space Companies;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;20 Compelling Space Companies&quot;}\" class=\"link \">20 Compelling Space Companies<\/a> watchlist \u00b7 <a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/488070\/global-space-race-stocks\/global?utm_medium=finance_user&amp;utm_campaign=spacex_ipo_cta&amp;utm_source=yahoo&amp;blueprint=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Global Space Race Investing Ideas;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Global Space Race Investing Ideas&quot;}\" class=\"link \">Global Space Race Investing Ideas<\/a> screener \u00b7 Scan the sector by valuation on <a href=\"https:\/\/www.simplywall.st\/company\/id\/ac2ccdcd-9097-473d-93ad-24f7ece592b7\/valuation?utm_medium=finance_user&amp;utm_campaign=spacex_ipo_cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Rocket Lab&#039;s valuation page;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Rocket Lab&#039;s valuation page&quot;}\" class=\"link \">Rocket Lab&#8217;s valuation page<\/a>.<\/p>\n<p>       Another View: DCF Points in the Opposite Direction   <\/p>\n<p class=\"yf-1fy9kyt\">While the 38.8x P\/E hints at a stretched price, the SWS DCF model presents a different perspective. At CA$21.33, SECURE Waste Infrastructure is assessed as trading around 66.7% below an estimated fair value of CA$64.12, which indicates the market may be heavily discounting its future cash flows.<\/p>\n<p class=\"yf-1fy9kyt\">For investors, that kind of gap can either signal a margin of safety if the cash flow assumptions hold, or a sign that the market is questioning those inputs. Which side of that debate do you lean toward?<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/0dc38ffb-08e3-4cc3-aab4-67d44400117d\/valuation?utm_medium=finance_user&amp;utm_campaign=alternate_dcf_cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Look into how the SWS DCF model arrives at its fair value.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Look into how the SWS DCF model arrives at its fair value.&quot;}\" class=\"link \">Look into how the SWS DCF model arrives at its fair value.<\/a><\/p>\n<p>   <a href=\"https:\/\/www.simplywall.st\/\/company\/id\/0dc38ffb-08e3-4cc3-aab4-67d44400117d\/valuation?utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"SES Discounted Cash Flow as at Jun 2026\" loading=\"lazy\" height=\"428\" width=\"960\" class=\"yf-lglytj loader\"\/><\/a> SES Discounted Cash Flow as at Jun 2026     <\/p>\n<p class=\"yf-1fy9kyt\">Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (<a href=\"https:\/\/www.simplywall.st\/company\/id\/0dc38ffb-08e3-4cc3-aab4-67d44400117d\/valuation?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:check out SECURE Waste Infrastructure for example;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;check out SECURE Waste Infrastructure for example&quot;}\" class=\"link \">check out SECURE Waste Infrastructure for example<\/a>). We show the entire calculation in full. You can track the result in your <a href=\"https:\/\/simplywall.st\/features\/stock-watchlist?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo&amp;blueprint=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:watchlist;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;watchlist&quot;}\" class=\"link \">watchlist<\/a> or <a href=\"https:\/\/simplywall.st\/features\/portfolio?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo&amp;blueprint=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:portfolio;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;portfolio&quot;}\" class=\"link \">portfolio<\/a> and be alerted when this changes, or use our stock screener to discover <a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/473076\/high-quality-undervalued-stocks\/ca?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo&amp;blueprint=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 high quality undervalued stocks;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;10 high quality undervalued stocks&quot;}\" class=\"link \">10 high quality undervalued stocks<\/a>. If you <a href=\"https:\/\/simplywall.st\/features\/stock-screener?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo&amp;blueprint=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:save a screener;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;save a screener&quot;}\" class=\"link \">save a screener<\/a> we even alert you when new companies match &#8211; so you never miss a potential opportunity.<\/p>\n<p>       Next Steps   <\/p>\n<p class=\"yf-1fy9kyt\">Mixed signals on value and growth potential so far? If this stock is on your radar, it can make sense to act promptly, review the numbers in context, and weigh both sides of the story by checking the 2 key rewards and 2 important warning signs<\/p>\n<p>     Looking for more investment ideas?   <\/p>\n<p class=\"yf-1fy9kyt\">If this stock has your attention, do not stop here. Use the Simply Wall Street screener to uncover other opportunities that could suit your portfolio.<\/p>\n<p class=\"yf-1fy9kyt\"> This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.<\/p>\n<p class=\"yf-1fy9kyt\">Companies discussed in this article include <a href=\"https:\/\/finance.yahoo.com\/quote\/SES.TO\" data-ylk=\"slk:SES.TO;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SES.TO&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SES.TO<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\">Have feedback on this article? Concerned about the content? <a href=\"https:\/\/investor-research.typeform.com\/to\/wvg6MFri#feedback_token=NDYxNDQwMDo1Mjc3Y2I4YzVkNWE2NDZi&amp;company=TSX:SES&amp;blueprintid=4614400\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Get in touch;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Get in touch&quot;}\" class=\"link \">Get in touch<\/a> with us directly. Alternatively, email <a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/mailto:editorial-team@simplywallst.com?subject=Re%3A%20Your%20article%20on%20TSX%3ASES%20(yahoo)%20from%206th%20June%202026\" data-ylk=\"slk:editorial-team@simplywallst.com;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;editorial-team@simplywallst.com&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">editorial-team@simplywallst.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million&hellip;\n","protected":false},"author":2,"featured_media":479092,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,15586,85,4426,46,13132,56414,15585],"class_list":["post-479961","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-earnings-per-share","tag-il","tag-infrastructure","tag-israel","tag-share-price","tag-total-shareholder-return","tag-waste-management"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/479961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=479961"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/479961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/479092"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=479961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=479961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=479961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}