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.
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.
Waste ConnectionsMEX:WCNN 91 EV-to-OCF is 19.67 as of Aug. 09, 2026, which is 7% below its 10-year median of 21.23. 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. Among 246 Waste Management companies, Waste Connections ranks worse than 79.27% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Waste Connections's Enterprise Value is MXN886,797 Mil.
Waste Connections's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was MXN45,088 Mil. Therefore, Waste Connections's EV-to-OCF for today is 19.67.
The historical rank and industry rank for Waste Connections's EV-to-OCF or its related term are showing as below:
MEX:WCNN'
s EV-to-OCF Range Over the Past 10 Years
Min: 15.56 Med: 21.23 Max: 28.53
Current: 20.5
During the past 13 years, the highest EV-to-OCF of Waste Connections was 28.53. The lowest was 15.56. And the median was 21.23.
MEX:WCNN's EV-to-OCF is ranked worse than 79.27% of 246
companies
in the Waste Management industry
Industry Median: 8.765
vs MEX:WCNN: 20.50
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Waste Connections's PE Ratio (TTM) for today is calculated as:
Waste Connections's share price for today is MXN2880.00.
Waste Connections's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN74.380.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Waste Connections EV-to-OCF Related Terms
Waste Connections EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Waste Connections's EV-to-OCF 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.
For the Waste Management subindustry, Waste Connections's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, Waste Connections's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Waste Connections's EV-to-OCF falls into.
Waste Connections's current Enterprise Value is MXN886,797 Mil.
Waste Connections's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN45,088 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.
Waste Connections (MEX:WCNN) has a EV-to-OCF of 19.67 as of Aug. 09, 2026. This is near median its historical median of 21.23. Over the past decade, Waste Connections' EV-to-OCF has ranged from 15.56 to 28.53. According to the industry distribution chart, Waste Connections ranks #195 out of 246 companies in the Waste Management industry, placing it in the top 79.3%.
Is Waste Connections' EV-to-OCF too high?
Waste Connections' current EV-to-OCF of 19.67 is near median its 10-year median of 21.23. Over the past 10 years, this metric has ranged from a low of 15.56 to a high of 28.53. The Waste Management industry median EV-to-OCF is 8.77. Waste Connections' value of 19.67 is 124.4% above this industry median. Based on the distribution chart, Waste Connections ranks #195 out of 246 companies in the Waste Management industry, which is in the bottom quartile relative to peers. 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' EV-to-OCF compare to RSG and CLH?
According to the Waste Management industry distribution chart, Waste Connections ranks #195 out of 246 companies for EV-to-OCF. This places Waste Connections in the lower half of its industry. The industry median EV-to-OCF is 8.77. Waste Connections' value of 19.67 is 124.4% above this benchmark. Historically, Waste Connections' own EV-to-OCF has ranged from 15.56 to 28.53 over the past decade. While the company's 10-year median is 21.23 vs. the industry median of 8.77, Waste Connections has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Waste Management company?
The median EV-to-OCF among Waste Management companies is 8.77, based on 246 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Connections's current EV-to-OCF of 19.67 is 124.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median EV-to-OCF is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Connections's current EV-to-OCF is 19.67, which is near median its own 10-year median of 21.23. 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 EV-to-OCF is 19.67, which is near median its 10-year median of 21.23 and 124.4% above the Waste Management industry median of 8.77. 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 EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current EV-to-OCF is 19.67 as of Aug. 09, 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:
EV-to-OCF: 19.67 (near median its 10-year median of 21.23)
GF Value™: MXN3,613.14 vs. price of MXN2,880.00 (20.3% below fair value)
Industry Position: 124.4% above the Waste Management median (#195 of 246)
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 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
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:WCNN has been successfully added to your 
