CECO Environmental Corp. (CECO)

NASDAQ: CECO · IEX Real-Time Price · USD
23.02
+0.03 (0.13%)
At close: Mar 28, 2024, 4:00 PM
23.33
+0.31 (1.35%)
After-hours: Mar 28, 2024, 6:41 PM EDT

Total Valuation

CECO has a market cap or net worth of $798.08 million. The enterprise value is $893.83 million.

Market Cap 798.08M
Enterprise Value 893.83M

Important Dates

The last earnings date was Tuesday, March 5, 2024, before market open.

Earnings Date Mar 5, 2024
Ex-Dividend Date n/a

Share Statistics

CECO has 34.59 million shares outstanding. The number of shares has increased by 0.94% in one year.

Shares Outstanding 34.59M
Shares Change (YoY) +0.94%
Shares Change (QoQ) +1.10%
Owned by Insiders (%) 16.62%
Owned by Institutions (%) 70.38%
Float 28.77M

Valuation Ratios

The trailing PE ratio is 62.22 and the forward PE ratio is 24.31. CECO's PEG ratio is 1.61.

PE Ratio 62.22
Forward PE 24.31
PS Ratio 1.46
Forward PS 1.30
PB Ratio 3.43
P/FCF Ratio 22.01
PEG Ratio 1.61
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.49, with an EV/FCF ratio of 24.65.

EV / Earnings 69.23
EV / Sales 1.64
EV / EBITDA 19.49
EV / EBIT 26.80
EV / FCF 24.65

Financial Position

The company has a current ratio of 1.39, with a Debt / Equity ratio of 0.65.

Current Ratio 1.39
Quick Ratio 1.16
Debt / Equity 0.65
Debt / EBITDA 3.30
Debt / FCF 4.17
Interest Coverage 2.49

Financial Efficiency

Return on equity (ROE) is 5.80% and return on invested capital (ROIC) is 5.83%.

Return on Equity (ROE) 5.80%
Return on Assets (ROA) 2.20%
Return on Capital (ROIC) 5.83%
Revenue Per Employee $454,038
Profits Per Employee $10,759
Employee Count 1,200
Asset Turnover 0.93
Inventory Turnover 12.33

Taxes

In the past 12 months, CECO has paid $7.02 million in taxes.

Income Tax 7.02M
Effective Tax Rate 35.23%

Stock Price Statistics

The stock price has increased by +60.87% in the last 52 weeks. The beta is 1.23, so CECO's price volatility has been higher than the market average.

Beta (1Y) 1.23
52-Week Price Change +60.87%
50-Day Moving Average 20.90
200-Day Moving Average 17.19
Relative Strength Index (RSI) 60.26
Average Volume (30 Days) 241,039

Short Selling Information

The latest short interest is 1.21 million, so 3.50% of the outstanding shares have been sold short.

Short Interest 1.21M
Short Previous Month 1.11M
Short % of Shares Out 3.50%
Short % of Float 4.20%
Short Ratio (days to cover) 3.57

Income Statement

In the last 12 months, CECO had revenue of $544.85 million and earned $12.91 million in profits. Earnings per share was $0.37.

Revenue 544.85M
Gross Profit 171.02M
Operating Income 34.57M
Pretax Income 19.94M
Net Income 12.91M
EBITDA 45.86M
EBIT 33.35M
Earnings Per Share (EPS) $0.37
Full Income Statement

Balance Sheet

The company has $55.45 million in cash and $151.20 million in debt, giving a net cash position of -$95.75 million or -$2.77 per share.

Cash & Cash Equivalents 55.45M
Total Debt 151.20M
Net Cash -95.75M
Net Cash Per Share -$2.77
Equity / Book Value 232.64M
Book Value Per Share 6.73
Working Capital 78.33M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $44.65 million and capital expenditures -$8.38 million, giving a free cash flow of $36.26 million.

Operating Cash Flow 44.65M
Capital Expenditures -8.38M
Free Cash Flow 36.26M
FCF Per Share $1.05
Full Cash Flow Statement

Margins

Gross margin is 31.39%, with operating and profit margins of 6.34% and 2.37%.

Gross Margin 31.39%
Operating Margin 6.34%
Pretax Margin 3.66%
Profit Margin 2.37%
EBITDA Margin 8.42%
EBIT Margin 6.12%
FCF Margin 6.66%

Dividends & Yields

CECO does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.94%
Shareholder Yield -0.94%
Earnings Yield 1.62%
FCF Yield 4.54%
Dividend Details

Analyst Forecast

The average price target for CECO is $26.50, which is 15.12% higher than the current price. The consensus rating is "Strong Buy".

Price Target $26.50
Price Target Difference 15.12%
Analyst Consensus Strong Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on September 29, 1992. It was a reverse split with a ratio of 1:5.

Last Split Date Sep 29, 1992
Split Type Reverse
Split Ratio 1:5

Scores

CECO has an Altman Z-Score of 2.55 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.55
Piotroski F-Score 7