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Clean Harbors (Clean Harbors) Cyclically Adjusted Price-to-FCF : 52.43 (As of Apr. 27, 2024)


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What is Clean Harbors Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Clean Harbors's current share price is $194.00. Clean Harbors's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.70. Clean Harbors's Cyclically Adjusted Price-to-FCF for today is 52.43.

The historical rank and industry rank for Clean Harbors's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CLH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.51   Med: 39.37   Max: 60.51
Current: 52.62

During the past years, Clean Harbors's highest Cyclically Adjusted Price-to-FCF was 60.51. The lowest was 20.51. And the median was 39.37.

CLH's Cyclically Adjusted Price-to-FCF is ranked worse than
86.79% of 53 companies
in the Waste Management industry
Industry Median: 21.59 vs CLH: 52.62

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Clean Harbors's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.082. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Harbors Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Clean Harbors's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Clean Harbors Cyclically Adjusted Price-to-FCF Chart

Clean Harbors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.25 33.92 34.43 34.60 47.18

Clean Harbors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.60 42.85 47.54 47.35 47.18

Competitive Comparison of Clean Harbors's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, Clean Harbors's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clean Harbors's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Clean Harbors's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Clean Harbors's Cyclically Adjusted Price-to-FCF falls into.



Clean Harbors Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Clean Harbors's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=194.00/3.7
=52.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Clean Harbors's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Clean Harbors's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.082/129.4194*129.4194
=3.082

Current CPI (Dec. 2023) = 129.4194.

Clean Harbors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.175 99.695 -1.525
201406 0.746 100.560 0.960
201409 0.296 100.428 0.381
201412 0.698 99.070 0.912
201503 0.521 99.621 0.677
201506 0.612 100.684 0.787
201509 0.830 100.392 1.070
201512 0.332 99.792 0.431
201603 -0.642 100.470 -0.827
201606 0.564 101.688 0.718
201609 0.105 101.861 0.133
201612 0.625 101.863 0.794
201703 0.243 102.862 0.306
201706 0.228 103.349 0.286
201709 1.144 104.136 1.422
201712 0.433 104.011 0.539
201803 0.114 105.290 0.140
201806 0.478 106.317 0.582
201809 1.058 106.507 1.286
201812 1.460 105.998 1.783
201903 -0.541 107.251 -0.653
201906 0.865 108.070 1.036
201909 1.586 108.329 1.895
201912 1.526 108.420 1.822
202003 -0.884 108.902 -1.051
202006 1.723 108.767 2.050
202009 2.129 109.815 2.509
202012 1.214 109.897 1.430
202103 1.101 111.754 1.275
202106 2.026 114.631 2.287
202109 0.863 115.734 0.965
202112 1.494 117.630 1.644
202203 -1.998 121.301 -2.132
202206 1.691 125.017 1.751
202209 2.369 125.227 2.448
202212 3.080 125.222 3.183
202303 -0.993 127.348 -1.009
202306 1.546 128.729 1.554
202309 2.060 129.860 2.053
202312 3.082 129.419 3.082

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Clean Harbors  (NYSE:CLH) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Clean Harbors Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Clean Harbors's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Clean Harbors (Clean Harbors) Business Description

Industry
Traded in Other Exchanges
Address
42 Longwater Drive, Norwell, MA, USA, 02061-9149
Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.
Executives
Alan S Mckim director, officer: Chrmn. of Bd., Pres.and CEO
Robert W. Harrison officer: EVP, EHS 42 LONGWATER DRIVE, NORWELL MA 02061
Eric W Gerstenberg officer: Chief Operating Officer 24 MACFARLANE DRIVE, KINGSTON MA 02364
Eric J. Dugas officer: VP, Corp. Contr and CAO C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061
Robert Speights officer: EVP (CHESI) C/O CLEAN HARBORS ENVIRONMENTAL SERVICES, 42 LONGWATER DRIVE, NORWELL MA 02061
George L Curtis officer: Exec. Vice President (CHESI)
Rebecca Underwood officer: President & EVP Facilities 42 LONGWATER DRIVE, NORWELL MA 02061
Loan Nguyen Mansy officer: President Env Sales & Service C/O HUDSON TECHNOLOGIES, INC., 300 TICE BOULEVARD, SUITE 290, WOODCLIFF LAKE NJ 07677
John T Preston director C/O MOLTEN METAL TECHNOLOTY INC, 400-2 TOTTEN POND ROAD, WALTHAM MA 02154
Andrea Robertson director 129 SHELTER ROCK ROAD, STAMFORD CT 06903
Michael Louis Battles officer: SVP & CAO 45 WILLIAM STREET, WELLESLEY MA 02481
Sharon M. Gabriel officer: EVP/CIO (CHESI) 42 LONGWATER DRIVE, NORWELL MA 02061
Brian P Weber officer: EVP (CHESI) 88 PINE STREET, WALPOLE MA 02081
Eugene G Banucci director
Melkeya Mcduffie officer: EVP, Human Resources Officer C/O CLEAN HARBORS INC., 42 LONGWATER DRIVE, NORWELL MA 02061

Clean Harbors (Clean Harbors) Headlines