SECURE Waste Infrastructure (TSE:SES)
TSX:SES
SES Stock Chart & Stats
C$21.90
C$0.27(1.71%)
At close: 4:00 PM EST
C$21.90
C$0.27(1.71%)
Day’s Range― - ―
52-Week RangeC$12.04 - C$23.00
Previous CloseN/A
Volume196.87K
Average Volume (3M)430.89K
Market Cap
C$4.75B
Enterprise ValueC$5.90B
Total Cash (Recent Filing)C$22.00M
Total Debt (Recent Filing)C$1.15B
Price to Earnings (P/E)31.3
Beta0.91
Next Earnings
Apr 30, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield2.27%
Share Statistics
EPS (TTM)0.24
Shares Outstanding216,806,990
10 Day Avg. Volume432,268
30 Day Avg. Volume430,891
Financial Highlights & Ratios
PEG Ratio-0.41
Price to Book (P/B)4.87
Price to Sales (P/S)2.62
P/FCF Ratio80.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$22.00Price Target Upside0.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.96
Revenue Forecast (FY)C$1.53B
Bulls Say, Bears Say
Bulls Say
Infrastructure-backed Recurring VolumesSECURE operates a broad infrastructure and logistics network that handles large, recurring industrial waste volumes. These capacity-backed services create stable fee-for-service revenue, high switching costs and predictable throughput that support durable cash flows and long-term margin visibility.
Improved Margins And Earnings PowerProfitability materially improved in 2025 with strong EBITDA and gross margins after earlier loss years. Elevated margins reflect operating leverage and successful project commissioning, indicating sustainable earnings capacity if volumes recover, even as top-line swings remain a risk to predictability.
Clear Guidance And Disciplined Capital AllocationManagement provided upward 2026 adjusted EBITDA guidance, raised the dividend and prioritized organic growth capex plus selective M&A and buybacks. This balanced allocation signals disciplined stewardship that can sustain growth investments while returning capital, supporting medium-term cash generation objectives.
Bears Say
Rising LeverageLeverage increased sharply year-over-year, elevating financial risk and sensitivity to interest and operational volatility. Higher debt reduces flexibility to fund organic projects or absorb cyclical revenue declines, and amplifies refinancing and covenant exposure during tighter credit conditions.
Weakened Cash GenerationCash conversion deteriorated meaningfully in 2025 with a material drop in operating cash flow and free cash flow. Reduced spendable cash constrains reinvestment, raises reliance on external funding for growth or returns, and limits resilience against unexpected costs or slower-than-expected volume recovery.
Tariff, Commodity Cyclicality And Legal ExposureSECURE faces structural headwinds: a U.S. steel tariff disrupted metal recycling (estimated 10–15% EBITDA impact) and sizable EBITDA exposure (~20%) to drilling activity and commodity cycles. An unresolved patent litigation with an approx. $100M claim adds material legal and earnings downside risk.
SECURE Waste Infrastructure News
SES FAQ
What was SECURE Waste Infrastructure’s price range in the past 12 months?
SECURE Waste Infrastructure lowest stock price was C$12.04 and its highest was C$23.00 in the past 12 months.
What is SECURE Waste Infrastructure’s market cap?
SECURE Waste Infrastructure’s market cap is C$4.75B.
When is SECURE Waste Infrastructure’s upcoming earnings report date?
SECURE Waste Infrastructure’s upcoming earnings report date is Apr 30, 2026 which is in 24 days.
How were SECURE Waste Infrastructure’s earnings last quarter?
SECURE Waste Infrastructure released its earnings results on Feb 20, 2026. The company reported C$0.24 earnings per share for the quarter, beating the consensus estimate of C$0.239 by C$0.001.
Is SECURE Waste Infrastructure overvalued?
According to Wall Street analysts SECURE Waste Infrastructure’s price is currently Undervalued.
Does SECURE Waste Infrastructure pay dividends?
SECURE Waste Infrastructure pays a Quarterly dividend of C$0.1 which represents an annual dividend yield of 2.27%. See more information on SECURE Waste Infrastructure dividends here
What is SECURE Waste Infrastructure’s EPS estimate?
SECURE Waste Infrastructure’s EPS estimate is 0.23.
How many shares outstanding does SECURE Waste Infrastructure have?
SECURE Waste Infrastructure has 216,806,990 shares outstanding.
What happened to SECURE Waste Infrastructure’s price movement after its last earnings report?
SECURE Waste Infrastructure reported an EPS of C$0.24 in its last earnings report, beating expectations of C$0.239. Following the earnings report the stock price went up 3.912%.
Which hedge fund is a major shareholder of SECURE Waste Infrastructure?
Currently, no hedge funds are holding shares in TSE:SES
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
SECURE Waste Infrastructure Stock Smart Score
Underperform
1
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4
5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$22.00 (0.46% Upside)
C$22.00 (0.46% Upside)
Blogger Sentiment
Bullish
TSE:SES Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth C$1.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.26%
12-Months-Change
Fundamentals
Return on Equity
14.65%
Trailing 12-Months
Asset Growth
10.83%
Trailing 12-Months
Company Description
SECURE Waste Infrastructure
Secure Waste Infrastructure Corp., an energy services company, provides solutions to upstream oil and natural gas companies operating primarily in Western Canadian Sedimentary Basin and the United States. It operates through two segments, Midstream Infrastructure, and Environmental and Fluid Management. The company's Midstream Infrastructure segment provides services, such as clean oil terminalling, rail transloading, pipeline transportation, marketing and custom treating of crude oil, produced and waste water disposal, oilfield waste processing, and purchase/resale of oil services through its full service terminals, rail facilities, crude oil pipelines, crude oil terminalling facilities, water disposal facilities, and landfills. The Environmental and Fluid Management segment includes a network of owned, operated, and marketed industrial landfills, hazardous and non-hazardous waste management and disposal, onsite abandonment, and environmental solutions for site remediation and reclamation, bio-remediation, water treatment and recycling, emergency response, rail, and metal recycling services, as well as offers fluid management for drilling, completion, and production operations for oil and gas producers. This segment also designs and implements drilling fluid systems for producers drilling for oil, bitumen, and natural gas; provides naturally occurring radioactive material management services, as well as equipment and chemical solutions that optimize well production. Secure Energy Services Inc. is headquartered in Calgary, Canada.
SES Stock 12 Month Forecast
Average Price Target
C$22.00
▲(0.46% Upside)
Technical Analysis
Waste Connections
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Options Prices
Currently, No data available
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