TSPCF (Cleanaway Waste Management) Intrinsic Value: DCF (Earnings Based): $0.66 (As of Aug. 12, 2026) — 78% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSPCF Cleanaway Waste Management Ltd TSPCF
87 GF Score
Price $1.46
GF Value $2.00
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Cleanaway Waste Management Intrinsic Value: DCF (Earnings Based)?

Cleanaway Waste Management TSPCF 87 Intrinsic Value: DCF (Earnings Based) is $0.66 as of Aug. 12, 2026, which is 78% below its 10-year median of 3.03. GuruFocus rates TSPCF with a GF Score™ of 87/100 and a GF Value™ of $2.00 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 31 Waste Management companies, Cleanaway Waste Management ranks worse than 87.1% on this metric.

As of today (2026-08-12), Cleanaway Waste Management's intrinsic value calculated from the Discounted Earnings model is $0.66.

Note: Discounted Earnings model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

Cleanaway Waste Management's Predictability Rank is 3.5-Stars.

Margin of Safety (Earnings Based) using Discounted Earnings model for Cleanaway Waste Management is -121.21%.

The historical rank and industry rank for Cleanaway Waste Management's Intrinsic Value: DCF (Earnings Based) or its related term are showing as below:

TSPCF' s Price-to-DCF (Earnings Based) Range Over the Past 10 Years
Min: 2.21   Med: 3.03   Max: 3.55
Current: 2.21

During the past 13 years, the highest Price-to-Intrinsic-Value-DCF (Earnings Based) Ratio of Cleanaway Waste Management was 3.55. The lowest was 2.21. And the median was 3.03.

TSPCF's Price-to-DCF (Earnings Based) is ranked worse than
87.1% of 31 companies
in the Waste Management industry
Industry Median: 1.14 vs TSPCF: 2.21

Cleanaway Waste Management  (OTCPK:TSPCF) Intrinsic Value: DCF (Earnings Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book Value per Share, Graham Number, Median Ratio etc, discounted Cash Flow model evaluates the companies based on their future earnings power instead of their assets.


Be Aware

What you need to know about Discounted Earnings model:

1. The Discounted Earnings model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies that are relatively consistent performers.
4. The Discounted Earnings model works poorly for inconsistent performers like cyclicals.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Cleanaway Waste Management Intrinsic Value: DCF (Earnings Based) Related Terms


Cleanaway Waste Management Intrinsic Value: DCF (Earnings Based) Historical Data

* Premium members only.

The historical data trend for Cleanaway Waste Management's Intrinsic Value: DCF (Earnings Based) 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 Intrinsic Value: DCF (Earnings Based) Chart

Cleanaway Waste Management Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Intrinsic Value: DCF (Earnings Based)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.50 0.73

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
Intrinsic Value: DCF (Earnings Based) 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 0.00 0.50 0.00 0.73 0.00

TSPCF vs WM, RSG, WCN: Intrinsic Value: DCF (Earnings Based) Comparison

For the Waste Management subindustry, Cleanaway Waste Management's Price-to-DCF (Earnings Based), along with its competitors' market caps and Price-to-DCF (Earnings Based) 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 Price-to-DCF (Earnings Based) vs Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Price-to-DCF (Earnings Based) distribution charts can be found below:

* The bar in red indicates where Cleanaway Waste Management's Price-to-DCF (Earnings Based) falls into.


TSPCF
87GF Score
Cleanaway Waste Management Ltd TSPCF
Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cleanaway Waste Management Intrinsic Value: DCF (Earnings Based) Calculation

This is the intrinsic value calculated from the Discounted Earnings model with default parameters. The calculation method is the same as Discounted Cash Flow model except earnings are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DCF calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.83%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Growth Rate in the growth stage: g1 = 9.40%
The Growth Rate in the growth stage is initially set as the default 10-Year EPS without NRI Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year EPS without NRI Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year EPS without NRI Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> Cleanaway Waste Management's average EPS without NRI Growth Rate in the past 10 years was 9.40%, which is between 5% and 20%. => GuruFocus defaults => Growth Rate: 9.40%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Years of Terminal Growth: y2 = 10

6. EPS without NRI: eps without nri = $0.043.
GuruFocus DCF calculator is actually a Discounted Earnings calculator, EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

All of the default settings can be changed and the results are calculated automatically.

Cleanaway Waste Management's Intrinsic Value: DCF (Earnings Based) for today is calculated as:

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.094)/(1+0.11) = 0.98558558558559
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.11) = 0.93693693693694

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=EPS without NRI*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=0.043*15.3912
=0.66

Margin of Safety % (DCF Earnings Based)=(Intrinsic Value: DCF (Earnings Based)-Current Price)/Intrinsic Value: DCF (Earnings Based)
=(0.66-1.46)/0.66
=-121.21 %

* 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.

What does a Intrinsic Value: DCF (Earnings Based) of $0.66 mean?
Cleanaway Waste Management (TSPCF) has a Intrinsic Value: DCF (Earnings Based) of $0.66 as of Aug. 12, 2026. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Cleanaway Waste Management and its competitors. This is 78% below median its historical median of 3.03. Over the past decade, Cleanaway Waste Management's Intrinsic Value: DCF (Earnings Based) has ranged from 2.21 to 3.55. According to the industry distribution chart, Cleanaway Waste Management ranks #27 out of 31 companies in the Waste Management industry, placing it in the top 87.1%.
Is Cleanaway Waste Management's Intrinsic Value: DCF (Earnings Based) too high?
Cleanaway Waste Management's current Intrinsic Value: DCF (Earnings Based) of $0.66 is 78% below median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 3.55. The Waste Management industry median Intrinsic Value: DCF (Earnings Based) is 1.14. Cleanaway Waste Management's value of $0.66 is 42.1% below this industry median. Based on the distribution chart, Cleanaway Waste Management ranks #27 out of 31 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Cleanaway Waste Management has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Waste Management's Intrinsic Value: DCF (Earnings Based) compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Waste Management ranks #27 out of 31 companies for Intrinsic Value: DCF (Earnings Based). This places Cleanaway Waste Management in the lower half of its industry. The industry median Intrinsic Value: DCF (Earnings Based) is 1.14. Cleanaway Waste Management's value of $0.66 is 42.1% below this benchmark. Historically, Cleanaway Waste Management's own Intrinsic Value: DCF (Earnings Based) has ranged from 2.21 to 3.55 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 1.14, Cleanaway Waste Management has consistently been below 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 Intrinsic Value: DCF (Earnings Based) for a Waste Management company?
The median Intrinsic Value: DCF (Earnings Based) among Waste Management companies is 1.14, based on 31 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Earnings Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Earnings Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cleanaway Waste Management's current Intrinsic Value: DCF (Earnings Based) of $0.66 is 42.1% below 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 Intrinsic Value: DCF (Earnings Based) mean?
A high Intrinsic Value: DCF (Earnings Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Cleanaway Waste Management and its competitors. For the Waste Management industry, the median Intrinsic Value: DCF (Earnings Based) is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Waste Management's current Intrinsic Value: DCF (Earnings Based) is $0.66, which is 78% below median its own 10-year median of 3.03. 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 Modestly Undervalued. The stock's GF Value™ is $2.00, compared to a current price of $1.46 — trading 27% below its estimated fair value. The current Intrinsic Value: DCF (Earnings Based) is $0.66, which is 78% below median its 10-year median of 3.03 and 42.1% below the Waste Management industry median of 1.14. Cleanaway Waste Management's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Earnings Based) calculated?
Intrinsic Value: DCF (Earnings Based) is calculated from a company's financial statements. For Cleanaway Waste Management (TSPCF), the current Intrinsic Value: DCF (Earnings Based) is $0.66 as of Aug. 12, 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 Cleanaway Waste Management (TSPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Waste Management stock appears to be undervalued. The current stock price of $1.46 is trading 27% below its estimated GF Value™ of $2.00. GuruFocus considers Cleanaway Waste Management to be Modestly Undervalued.

Key valuation signals for TSPCF:

  • Intrinsic Value: DCF (Earnings Based): $0.66 (78% below median its 10-year median of 3.03)
  • GF Value™: $2.00 vs. price of $1.46 (27% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 42.1% below the Waste Management median (#27 of 31)

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.
87GF Score

Get the complete analysis for TSPCF

Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.46
Price
$2.00
GF Value