Waste Connections (MEX:WCNN) Enterprise Value: MXN865,573 Mil (As of Jun. 24, 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 Enterprise Value?

Waste Connections MEX:WCNN +6.82% 87 Enterprise Value is MXN865,573 Mil as of Jun. 24, 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Waste Connections's Enterprise Value is MXN865,573 Mil. Waste Connections's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN31,702 Mil. Therefore, Waste Connections's EV-to-EBIT ratio for today is 27.30.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Waste Connections's Enterprise Value is MXN865,573 Mil. Waste Connections's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN54,702 Mil. Therefore, Waste Connections's EV-to-EBITDA ratio for today is 15.82.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Waste Connections's Enterprise Value is MXN865,573 Mil. Waste Connections's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN175,902 Mil. Therefore, Waste Connections's EV-to-Revenue ratio for today is 4.92.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Waste Connections's Enterprise Value is MXN865,573 Mil. Waste Connections's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN44,310 Mil. Therefore, Waste Connections's EV-to-OCF ratio for today is 19.53.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Waste Connections's Enterprise Value is MXN865,573 Mil. Waste Connections's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN20,946 Mil. Therefore, Waste Connections's EV-to-FCF ratio for today is 41.32.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Waste Connections  (MEX:WCNN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Waste Connections's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=865573.138/31702.042
=27.30

Waste Connections's current Enterprise Value is MXN865,573 Mil.
Waste Connections's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN31,702 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Waste Connections's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=865573.138/54702.106
=15.82

Waste Connections's current Enterprise Value is MXN865,573 Mil.
Waste Connections's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN54,702 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Waste Connections's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=865573.138/175901.812
=4.92

Waste Connections's current Enterprise Value is MXN865,573 Mil.
Waste Connections's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN175,902 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Waste Connections's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=865573.138/44309.694
=19.53

Waste Connections's current Enterprise Value is MXN865,573 Mil.
Waste Connections's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN44,310 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Waste Connections's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=865573.138/20945.726
=41.32

Waste Connections's current Enterprise Value is MXN865,573 Mil.
Waste Connections's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN20,946 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 Enterprise Value Related Terms


Waste Connections Enterprise Value Historical Data

* Premium members only.

The historical data trend for Waste Connections's Enterprise Value 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 Enterprise Value Chart

Waste Connections Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 799,840.17 836,374.08 766,205.85 1,200,664.67 968,770.39

Waste Connections Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 1,191,727.78 1,056,189.02 989,771.55 968,770.39 890,404.05

MEX:WCNN vs CLH, RSG, GFL: Enterprise Value Comparison

For the Waste Management subindustry, Waste Connections's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Connections's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Waste Connections's Enterprise Value falls into.


MEX:WCNN
87GF Score
Waste Connections Inc MEX:WCNN
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Waste Connections Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Waste Connections's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Waste Connections's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of MXN865,573 Mil mean?
Waste Connections (MEX:WCNN) has a Enterprise Value of MXN865,573 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Waste Connections and its competitors.
Is Waste Connections' Enterprise Value too high?
Waste Connections' current Enterprise Value is MXN865,573 Mil. 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' Enterprise Value compare to CLH and RSG?
Waste Connections' Enterprise Value of MXN865,573 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 Enterprise Value for a Waste Management company?
A good Enterprise Value depends on the Waste Management industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Waste Connections and its competitors. Waste Connections's current Enterprise Value is MXN865,573 Mil. 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 Enterprise Value is MXN865,573 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current Enterprise Value is MXN865,573 Mil as of Jun. 24, 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:

  • Enterprise Value: MXN865,573 Mil
  • 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

Enterprise Value 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