Waste Management (XSWX:WM) Intrinsic Value: Projected FCF: CHF7.67 (As of Aug. 17, 2026) — 231% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

XSWX:WM Waste Management Inc XSWX:WM
60 GF Score
Price CHF183.88
GF Value CHF121.36
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Waste Management Intrinsic Value: Projected FCF?

Waste Management XSWX:WM 60 Intrinsic Value: Projected FCF is CHF7.67 as of Aug. 17, 2026, which is 100% below its 10-year median of 2.32. GuruFocus rates XSWX:WM with a GF Score™ of 60/100 and a GF Value™ of CHF121.36 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 128 Waste Management companies, Waste Management ranks worse than 97.66% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-17), Waste Management's Intrinsic Value: Projected FCF is CHF7.67. The stock price of Waste Management is CHF183.88. Therefore, Waste Management's Price-to-Intrinsic-Value-Projected-FCF of today is 24.0.

The historical rank and industry rank for Waste Management's Intrinsic Value: Projected FCF or its related term are showing as below:

XSWX:WM' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.68   Med: 2.32   Max: 23.97
Current: 23.97

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Waste Management was 23.97. The lowest was 1.68. And the median was 2.32.

XSWX:WM's Price-to-Projected-FCF is ranked worse than
97.66% of 128 companies
in the Waste Management industry
Industry Median: 1.355 vs XSWX:WM: 23.97

Waste Management  (XSWX:WM) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Waste Management's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=183.88/8.033745398053
=22.89

* 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 Management Intrinsic Value: Projected FCF Related Terms


Waste Management Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Waste Management's Intrinsic Value: Projected 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.

Waste Management Intrinsic Value: Projected FCF Chart

Waste Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Waste Management Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 0.00 0.00 0.00 0.00

XSWX:WM vs RSG, WCN, CLH: Intrinsic Value: Projected FCF Comparison

For the Waste Management subindustry, Waste Management's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Management Price-to-Projected-FCF vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Management's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Waste Management's Price-to-Projected-FCF falls into.


XSWX:WM
60GF Score
Waste Management Inc XSWX:WM
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waste Management Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Waste Management's Free Cash Flow(6 year avg) = CHF2,049.90.

Waste Management's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*2049.9024+7933.052*0.8)/3219.200
=8.03

* 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: Projected FCF of CHF7.67 mean?
Waste Management (XSWX:WM) has a Intrinsic Value: Projected FCF of CHF7.67 as of Aug. 17, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Waste Management and its competitors. This is 231% above median its historical median of 2.32. Over the past decade, Waste Management's Intrinsic Value: Projected FCF has ranged from 1.68 to 23.97. According to the industry distribution chart, Waste Management ranks #125 out of 128 companies in the Waste Management industry, placing it in the top 97.7%.
Is Waste Management's Intrinsic Value: Projected FCF too high?
Waste Management's current Intrinsic Value: Projected FCF of CHF7.67 is 231% above median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 23.97. Based on the distribution chart, Waste Management ranks #125 out of 128 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Waste Management has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waste Management's Intrinsic Value: Projected FCF compare to RSG and WCN?
According to the Waste Management industry distribution chart, Waste Management ranks #125 out of 128 companies for Intrinsic Value: Projected FCF. This places Waste Management in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.36. Historically, Waste Management's own Intrinsic Value: Projected FCF has ranged from 1.68 to 23.97 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Waste Management company?
The median Intrinsic Value: Projected FCF among Waste Management companies is 1.36, based on 128 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Waste Management and its competitors. For the Waste Management industry, the median Intrinsic Value: Projected FCF is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Management's current Intrinsic Value: Projected FCF is CHF7.67, which is 231% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Waste Management (XSWX:WM) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF121.36, compared to a current price of CHF183.88 — trading 51.5% above its estimated fair value. The current Intrinsic Value: Projected FCF is CHF7.67, which is 231% above median its 10-year median of 2.32. Waste Management's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Waste Management (XSWX:WM), the current Intrinsic Value: Projected FCF is CHF7.67 as of Aug. 17, 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 Management (XSWX:WM) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Management stock appears to be overvalued. The current stock price of CHF183.88 is trading 51.5% above its estimated GF Value™ of CHF121.36. GuruFocus considers Waste Management to be Significantly Overvalued.

Key valuation signals for XSWX:WM:

  • Intrinsic Value: Projected FCF: CHF7.67 (231% above median its 10-year median of 2.32)
  • GF Value™: CHF121.36 vs. price of CHF183.88 (51.5% above fair value)
  • GF Score™: 60/100 with 7 warning signs

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


Waste Management Business Description

Address 800 Capitol Street, Suite 3000, Houston, TX, USA, 77002
WM, previously known as Waste Management, ranks as the largest integrated provider of traditional solid waste services in the United States, operating 257 active landfill sites and about 342 transfer stations that help with transporting waste efficiently and economically. The company serves residential, commercial, industrial, and medical end markets for waste collection, transfer, and disposal. The company also has an energy business emanating from the beneficial use of landfill gas and is a leading recycler in North America.
60GF Score

Get the complete analysis for XSWX:WM

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

CHF183.88
Price
CHF121.36
GF Value