Waste ConnectionsMEX:WCNN 87 EV-to-FCF is 43.27 as of Jun. 24, 2026, which is 11% above its 10-year median of 39.15. 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. Among 139 Waste Management companies, Waste Connections ranks worse than 74.82% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Waste Connections's Enterprise Value is MXN906,227 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 for today is 43.27.
The historical rank and industry rank for Waste Connections's EV-to-FCF or its related term are showing as below:
MEX:WCNN'
s EV-to-FCF Range Over the Past 10 Years
Min: 27.07 Med: 39.15 Max: 54.95
Current: 43.72
During the past 13 years, the highest EV-to-FCF of Waste Connections was 54.95. The lowest was 27.07. And the median was 39.15.
MEX:WCNN's EV-to-FCF is ranked worse than 74.82% of 139
companies
in the Waste Management industry
Industry Median: 19.92
vs MEX:WCNN: 43.72
EV-to-FCF 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-FCF 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 MXN2800.00.
Waste Connections's Earnings per Share (Diluted) 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 MXN75.349.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Waste Connections EV-to-FCF Related Terms
Waste Connections EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Waste Connections's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, Waste Connections's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Waste Connections's EV-to-FCF falls into.
Waste Connections's current Enterprise Value is MXN906,227 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 (MEX:WCNN) has a EV-to-FCF of 43.27 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Waste Connections and its competitors. This is 11% above median its historical median of 39.15. Over the past decade, Waste Connections' EV-to-FCF has ranged from 27.07 to 54.95. According to the industry distribution chart, Waste Connections ranks #104 out of 139 companies in the Waste Management industry, placing it in the top 74.8%.
Is Waste Connections' EV-to-FCF too high?
Waste Connections' current EV-to-FCF of 43.27 is 11% above median its 10-year median of 39.15. Over the past 10 years, this metric has ranged from a low of 27.07 to a high of 54.95. The Waste Management industry median EV-to-FCF is 19.92. Waste Connections' value of 43.27 is 117.2% above this industry median. Based on the distribution chart, Waste Connections ranks #104 out of 139 companies in the Waste Management industry, which is below the industry midpoint. 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' EV-to-FCF compare to CLH and RSG?
According to the Waste Management industry distribution chart, Waste Connections ranks #104 out of 139 companies for EV-to-FCF. This places Waste Connections in the lower half of its industry. The industry median EV-to-FCF is 19.92. Waste Connections' value of 43.27 is 117.2% above this benchmark. Historically, Waste Connections' own EV-to-FCF has ranged from 27.07 to 54.95 over the past decade. While the company's 10-year median is 39.15 vs. the industry median of 19.92, 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-FCF for a Waste Management company?
The median EV-to-FCF among Waste Management companies is 19.92, based on 139 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Connections's current EV-to-FCF of 43.27 is 117.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Waste Connections and its competitors. For the Waste Management industry, the median EV-to-FCF is 19.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Connections's current EV-to-FCF is 43.27, which is 11% above median its own 10-year median of 39.15. 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 EV-to-FCF is 43.27, which is 11% above median its 10-year median of 39.15 and 117.2% above the Waste Management industry median of 19.92. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current EV-to-FCF is 43.27 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:
EV-to-FCF: 43.27 (11% above median its 10-year median of 39.15)
GF Value™: MXN3,445.03 vs. price of MXN2,800.00 (18.7% below fair value)
Industry Position: 117.2% above the Waste Management median (#104 of 139)
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.
87GF Score
Get the complete analysis for MEX:WCNN
EV-to-FCF 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 
