Waste Connections (MEX:WCNN) E10: MXN47.41 (As of Mar. 2026)


MEX:WCNN Waste Connections Inc MEX:WCNN
87 GF Score
Price MXN2,800.00
GF Value MXN3,445.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Waste Connections E10?

Waste Connections MEX:WCNN +6.82% 87 E10 is MXN47.41 as of Mar. 2026. GuruFocus rates MEX:WCNN with a GF Score™ of 87/100 and a GF Value™ of MXN3,445.03 (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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Waste Connections's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN15.508. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN47.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Waste Connections's average E10 Growth Rate was 24.90% per year. During the past 3 years, the average E10 Growth Rate was 14.40% per year. During the past 5 years, the average E10 Growth Rate was 15.10% per year. During the past 10 years, the average E10 Growth Rate was 13.20% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Waste Connections was 17.30% per year. The lowest was 1.80% per year. And the median was 11.55% per year.

As of today (2026-06-24), Waste Connections's current stock price is MXN2800.00. Waste Connections's E10 for the quarter that ended in Mar. 2026 was MXN47.41. Waste Connections's Shiller PE Ratio of today is 59.06.

During the past 13 years, the highest Shiller PE Ratio of Waste Connections was 98.94. The lowest was 54.99. And the median was 78.58.


Waste Connections  (MEX:WCNN) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Waste Connections's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2800.00/47.41
=59.06

* 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 Shiller P/E Ratio of Waste Connections was 98.94. The lowest was 54.99. And the median was 78.58.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Waste Connections E10 Related Terms


Waste Connections E10 Historical Data

* Premium members only.

The historical data trend for Waste Connections's E10 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 E10 Chart

Waste Connections Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.26 35.91 33.21 48.25 47.06

Waste Connections Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 43.72 41.75 46.91 47.06 47.41

MEX:WCNN vs CLH, RSG, GFL: E10 Comparison

For the Waste Management subindustry, Waste Connections's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Waste Management Industry

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

* The bar in red indicates where Waste Connections's Shiller PE Ratio falls into.


MEX:WCNN
87GF Score
Waste Connections Inc MEX:WCNN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waste Connections E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.508/132.2623*132.2623
=15.508

Current CPI (Mar. 2026) = 132.2623.

Waste Connections Quarterly Data

per share eps CPI Adj_EPS
201606 2.404 102.002 3.117
201609 6.574 101.765 8.544
201612 6.735 101.449 8.781
201703 1.130 102.634 1.456
201706 8.496 103.029 10.907
201709 8.530 103.345 10.917
201712 23.371 103.345 29.911
201803 8.539 105.004 10.756
201806 10.218 105.557 12.803
201809 10.662 105.636 13.349
201812 9.817 105.399 12.319
201903 9.311 106.979 11.512
201906 10.757 107.690 13.211
201909 11.845 107.611 14.558
201912 9.430 107.769 11.573
202003 12.662 107.927 15.517
202006 -19.851 108.401 -24.221
202009 13.255 108.164 16.208
202012 9.946 108.559 12.118
202103 12.469 110.298 14.952
202106 13.536 111.720 16.025
202109 9.047 112.905 10.598
202112 13.129 113.774 15.262
202203 13.739 117.646 15.446
202206 17.503 120.806 19.163
202209 18.506 120.648 20.288
202212 14.622 120.964 15.988
202303 13.879 122.702 14.960
202306 13.887 124.203 14.788
202309 15.503 125.230 16.374
202312 8.317 125.072 8.795
202403 14.771 126.258 15.473
202406 19.603 127.522 20.332
202409 23.431 127.285 24.347
202412 -15.850 127.364 -16.460
202503 19.026 129.181 19.480
202506 21.089 129.892 21.474
202509 20.362 130.287 20.671
202512 18.186 130.366 18.451
202603 15.508 132.262 15.508

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN47.41 mean?
Waste Connections (MEX:WCNN) has a E10 of MXN47.41 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Waste Connections and its competitors.
Is Waste Connections' E10 too high?
Waste Connections' current E10 is MXN47.41. Overall, Waste Connections has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waste Connections' E10 compare to CLH and RSG?
Waste Connections' E10 of MXN47.41 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 E10 for a Waste Management company?
A good E10 depends on the Waste Management industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Waste Connections and its competitors. Waste Connections's current E10 is MXN47.41. 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 MXN3,445.03, compared to a current price of MXN2,800.00 — trading 18.7% below its estimated fair value. The current E10 is MXN47.41. Waste Connections' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current E10 is MXN47.41 as of Mar. 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 MXN2,800.00 is trading 18.7% below its estimated GF Value™ of MXN3,445.03. GuruFocus considers Waste Connections to be Modestly Undervalued.

Key valuation signals for MEX:WCNN:

  • E10: MXN47.41
  • GF Value™: MXN3,445.03 vs. price of MXN2,800.00 (18.7% below fair value)
  • GF Score™: 87/100 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.
87GF Score

Get the complete analysis for MEX:WCNN

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,800.00
Price
MXN3,445.03
GF Value