Secure Waste Infrastructure (TSX:SES) ROCE %: 12.17% (As of Mar. 2026)

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TSX:SES Secure Waste Infrastructure Corp TSX:SES
44 GF Score
Price C$23.30
! 7 Warning Signs
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What is Secure Waste Infrastructure ROCE %?

Secure Waste Infrastructure TSX:SES -0.88% 44 ROCE % is 12.17% as of Mar. 2026. GuruFocus rates TSX:SES with a GF Score™ of 44/100. The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Secure Waste Infrastructure's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.17%.

Secure Waste Infrastructure  (TSX:SES) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Secure Waste Infrastructure ROCE % Related Terms

Secure Waste Infrastructure ROCE % Historical Data

* Premium members only.

The historical data trend for Secure Waste Infrastructure's ROCE % 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.

Secure Waste Infrastructure ROCE % Chart

Secure Waste Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.67 13.48 14.26 38.17 12.45

Secure Waste Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 14.43 12.61 3.25 17.70 12.17
TSX:SES
44GF Score
Secure Waste Infrastructure Corp TSX:SES
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Waste Infrastructure ROCE % Calculation

Secure Waste Infrastructure's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=224/( ( (2281 - 681) + (2528 - 530) )/ 2 )
=224/( (1600+1998)/ 2 )
=224/1799
=12.45 %

Secure Waste Infrastructure's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=252/( ( (2528 - 530) + (2863 - 721) )/ 2 )
=252/( ( 1998 + 2142 )/ 2 )
=252/2070
=12.17 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 12.17% mean?
Secure Waste Infrastructure (TSX:SES) has a ROCE % of 12.17% as of Mar. 2026.
Is Secure Waste Infrastructure's ROCE % too high?
Secure Waste Infrastructure's current ROCE % is 12.17%. The Waste Management industry median ROCE % is 5.74. Secure Waste Infrastructure's value of 12.17% is 112% above this industry median. Overall, Secure Waste Infrastructure has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Secure Waste Infrastructure's ROCE % compare to WM and RSG?
Secure Waste Infrastructure's ROCE % of 12.17% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.74. Secure Waste Infrastructure's value of 12.17% is 112% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Waste Management company?
The median ROCE % among Waste Management companies is 5.74, based on 236 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Secure Waste Infrastructure's current ROCE % of 12.17% is 112% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median ROCE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Waste Infrastructure's current ROCE % is 12.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Waste Infrastructure stock overvalued right now?
Secure Waste Infrastructure (TSX:SES) has a current ROCE % of 12.17%. The current ROCE % is 12.17% and 112% above the Waste Management industry median of 5.74. Secure Waste Infrastructure's overall GF Score™ is 44/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Secure Waste Infrastructure (TSX:SES), the current ROCE % is 12.17% as of Mar. 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.

Secure Waste Infrastructure Business Description

Other Exchanges SECYF:USASEP0:Germany
Address 2300, 225 - 6th Avenue SW, Brookfield Place, Calgary, AB, CAN, T2P 1N2
Secure Waste Infrastructure Corp operates in waste management and energy infrastructure business. The company operates in two segments: Waste Management, and Energy Infrastructure. The activities of the company include buying and selling crude oil and natural gas liquid products, capturing location, and other related activities. It generates the majority of its revenue from the Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities.
44GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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