Waste Connections (MEX:WCNN) Cyclically Adjusted Revenue per Share: MXN491.74 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:WCNN Waste Connections Inc MEX:WCNN
91 GF Score
Price MXN2,880.00
GF Value MXN3,613.14
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Waste Connections Cyclically Adjusted Revenue per Share?

Waste Connections MEX:WCNN 91 Cyclically Adjusted Revenue per Share is MXN491.74 as of Jun. 2026. GuruFocus rates MEX:WCNN with a GF Score™ of 91/100 and a GF Value™ of MXN3,613.14 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Waste Connections's adjusted revenue per share for the three months ended in Jun. 2026 was MXN176.073. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN491.74 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Waste Connections's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Waste Connections was 14.00% per year. The lowest was 10.20% per year. And the median was 11.75% per year.

As of today (2026-08-09), Waste Connections's current stock price is MXN2880.00. Waste Connections's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN491.74. Waste Connections's Cyclically Adjusted PS Ratio of today is 5.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Waste Connections was 8.27. The lowest was 5.05. And the median was 6.79.


Waste Connections  (MEX:WCNN) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Waste Connections's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2880.00/491.74
=5.86

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Waste Connections was 8.27. The lowest was 5.05. And the median was 6.79.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Waste Connections Cyclically Adjusted Revenue per Share Related Terms


Waste Connections Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Waste Connections's Cyclically Adjusted Revenue per Share 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.

Waste Connections Cyclically Adjusted Revenue per Share Chart

Waste Connections Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 335.94 407.71 376.63 574.57 494.88

Waste Connections Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 488.74 496.53 494.88 498.78 491.74

MEX:WCNN vs RSG, CLH, GFL: Cyclically Adjusted Revenue per Share Comparison

For the Waste Management subindustry, Waste Connections's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Waste Connections Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Connections's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Waste Connections's Cyclically Adjusted PS Ratio falls into.


MEX:WCNN
91GF Score
Waste Connections Inc MEX:WCNN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waste Connections Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Waste Connections's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=176.073/133.5265*133.5265
=176.073

Current CPI (Jun. 2026) = 133.5265.

Waste Connections Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 79.566 101.765 104.399
201612 81.851 101.449 107.732
201703 77.860 102.634 101.296
201706 80.457 103.029 104.273
201709 82.842 103.345 107.036
201712 85.798 103.345 110.855
201803 78.286 105.004 99.551
201806 92.175 105.557 116.599
201809 90.634 105.636 114.564
201812 93.680 105.399 118.680
201903 91.336 106.979 114.001
201906 99.470 107.690 123.334
201909 105.389 107.611 130.769
201912 97.045 107.769 120.239
202003 119.958 107.927 148.411
202006 114.604 108.401 141.167
202009 116.493 108.164 143.808
202012 105.518 108.559 129.786
202103 108.431 110.298 131.267
202106 116.803 111.720 139.602
202109 125.758 112.905 148.727
202112 127.533 113.774 149.674
202203 126.285 117.646 143.332
202206 141.784 120.806 156.714
202209 146.626 120.648 162.278
202212 141.270 120.964 155.941
202303 132.783 122.702 144.497
202306 134.243 124.203 144.320
202309 139.278 125.230 148.505
202312 133.788 125.072 142.831
202403 133.078 126.258 140.740
202406 159.289 127.522 166.790
202409 177.949 127.285 186.675
202412 182.117 127.364 190.929
202503 176.066 129.181 181.989
202506 175.003 129.892 179.900
202509 175.080 130.287 179.433
202512 166.631 130.366 170.671
202603 167.070 132.262 168.667
202606 176.073 133.527 176.073

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN491.74 mean?
Waste Connections (MEX:WCNN) has a Cyclically Adjusted Revenue per Share of MXN491.74 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Waste Connections and its competitors.
Is Waste Connections' Cyclically Adjusted Revenue per Share too high?
Waste Connections' current Cyclically Adjusted Revenue per Share is MXN491.74. Overall, Waste Connections has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waste Connections' Cyclically Adjusted Revenue per Share compare to RSG and CLH?
Waste Connections' Cyclically Adjusted Revenue per Share of MXN491.74 can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Waste Management company?
A good Cyclically Adjusted Revenue per Share depends on the Waste Management industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Waste Connections and its competitors. Waste Connections's current Cyclically Adjusted Revenue per Share is MXN491.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Connections stock overvalued right now?
Based on GuruFocus' analysis, Waste Connections (MEX:WCNN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,613.14, compared to a current price of MXN2,880.00 — trading 20.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN491.74. Waste Connections' overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current Cyclically Adjusted Revenue per Share is MXN491.74 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Waste Connections (MEX:WCNN) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Connections stock appears to be undervalued. The current stock price of MXN2,880.00 is trading 20.3% below its estimated GF Value™ of MXN3,613.14. GuruFocus considers Waste Connections to be Modestly Undervalued.

Key valuation signals for MEX:WCNN:

  • Cyclically Adjusted Revenue per Share: MXN491.74
  • GF Value™: MXN3,613.14 vs. price of MXN2,880.00 (20.3% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the MEX:WCNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waste Connections Business Description

Address 6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3
Waste Connections is a North American waste management company focused on integrated waste collection services. The firm primarily focuses on residential, commercial, municipal, and industrial waste collection, with a secondary market focus on rural areas. With 113 landfills and 222 transfer stations as of 2024, it is the third-largest waste management company by revenue. Revenue is split among six operating segments: Western, Southern, Eastern, Central, Canada, and Midsouth.
91GF Score

Get the complete analysis for MEX:WCNN

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,880.00
Price
MXN3,613.14
GF Value