TSPCF (Cleanaway Waste Management) EBIT: $190 Mil (TTM As of Dec. 2025)


TSPCF Cleanaway Waste Management Ltd TSPCF
85 GF Score
Price $1.58
GF Value $2.27
Valuation Possible Value Trap
! 6 Warning Signs
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What is Cleanaway Waste Management EBIT?

Cleanaway Waste Management TSPCF -4.53% 85 EBIT is $190 Mil as of Dec. 2025. GuruFocus rates TSPCF with a GF Score™ of 85/100 and a GF Value™ of $2.27 (Possible Value Trap). The stock has 6 warning signs investors should review.

Cleanaway Waste Management's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $190 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cleanaway Waste Management's annualized ROC % for the quarter that ended in Dec. 2025 was 2.38%. Cleanaway Waste Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cleanaway Waste Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.75%.

Cleanaway Waste Management  (OTCPK:TSPCF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Cleanaway Waste Management's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=170.232 * ( 1 - 40.19% )/( (4132.031 + 4410.365)/ 2 )
=101.8157592/4271.198
=2.38 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4282.682 - 327.214 - ( 56.315 - max(0, 677.409 - 500.846+56.315))
=4132.031

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4735.415 - 369.967 - ( 67.973 - max(0, 648.704 - 603.787+67.973))
=4410.365

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Cleanaway Waste Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=164.12/( ( (1662.695 + max(-107.357, 0)) + (1718.538 + max(-28.97, 0)) )/ 2 )
=164.12/( ( 1662.695 + 1718.538 )/ 2 )
=164.12/1690.6165
=9.71 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(357.682 + 42.383 + 30.208) - (327.214 + 41.211 + 169.205)
=-107.357

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(453.023 + 55.681 + 27.11) - (369.967 + 0 + 194.817)
=-28.97

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Cleanaway Waste Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=189.938/5063.929
=3.75 %

* 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.

Cleanaway Waste Management EBIT Related Terms

Cleanaway Waste Management EBIT Historical Data

* Premium members only.

The historical data trend for Cleanaway Waste Management's EBIT 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.

Cleanaway Waste Management EBIT Chart

Cleanaway Waste Management Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.55 105.69 73.15 211.55 213.80

Cleanaway Waste Management Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT 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 100.74 111.62 103.04 107.88 82.06

TSPCF vs WM, RSG, WCN: EBIT Comparison

For the Waste Management subindustry, Cleanaway Waste Management's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Cleanaway Waste Management EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Waste Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cleanaway Waste Management's EV-to-EBIT falls into.


TSPCF
85GF Score
Cleanaway Waste Management Ltd TSPCF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleanaway Waste Management EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $190 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $190 Mil mean?
Cleanaway Waste Management (TSPCF) has a EBIT of $190 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cleanaway Waste Management.
Is Cleanaway Waste Management's EBIT too high?
Cleanaway Waste Management's current EBIT is $190 Mil. Overall, Cleanaway Waste Management has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Waste Management's EBIT compare to WM and RSG?
Cleanaway Waste Management's EBIT of $190 Mil 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 EBIT for a Waste Management company?
A good EBIT depends on the Waste Management industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cleanaway Waste Management. Cleanaway Waste Management's current EBIT is $190 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Waste Management (TSPCF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.27, compared to a current price of $1.58 — trading 30.4% below its estimated fair value. The current EBIT is $190 Mil. Cleanaway Waste Management's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Cleanaway Waste Management (TSPCF), the current EBIT is $190 Mil as of Dec. 2025. 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 Cleanaway Waste Management (TSPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Waste Management stock appears to be undervalued. The current stock price of $1.58 is trading 30.4% below its estimated GF Value™ of $2.27. GuruFocus considers Cleanaway Waste Management to be Possible Value Trap.

Key valuation signals for TSPCF:

  • EBIT: $190 Mil
  • GF Value™: $2.27 vs. price of $1.58 (30.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs

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

Cleanaway Waste Management Business Description

Other Exchanges TG9:GermanyCWY:Australia
Address No: 441 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004
Cleanaway Waste Management is Australia's largest waste management business with a national footprint in the collection and disposal of waste. It is active in municipal and commercial and industrial waste stream segments and in nonhazardous and hazardous liquid and medical waste. While Cleanaway is allocating greater capital to waste processing and treatment, earnings remain skewed toward waste collection. The company is particularly strong in commercial, industrial, and municipal waste collection with strong market share in all large Australian metro waste collection markets.
85GF Score

Get the complete analysis for TSPCF

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

$1.58
Price
$2.27
GF Value