CECO Environmental Corp. (CECO)
NASDAQ: CECO · IEX Real-Time Price · USD
24.87
-0.18 (-0.72%)
At close: May 23, 2024, 4:00 PM
24.97
+0.10 (0.40%)
After-hours: May 23, 2024, 6:55 PM EDT

CECO Environmental Statistics

Total Valuation

CECO has a market cap or net worth of $868.85 million. The enterprise value is $969.46 million.

Market Cap 868.85M
Enterprise Value 969.46M

Important Dates

The last earnings date was Tuesday, April 30, 2024, before market open.

Earnings Date Apr 30, 2024
Ex-Dividend Date n/a

Share Statistics

CECO has 34.94 million shares outstanding. The number of shares has increased by 2.78% in one year.

Shares Outstanding 34.94M
Shares Change (YoY) +2.78%
Shares Change (QoQ) +1.37%
Owned by Insiders (%) 16.91%
Owned by Institutions (%) 70.91%
Float 28.84M

Valuation Ratios

The trailing PE ratio is 71.06 and the forward PE ratio is 24.96. CECO's PEG ratio is 1.61.

PE Ratio 71.06
Forward PE 24.96
PS Ratio 1.56
Forward PS 1.39
PB Ratio 3.75
P/FCF Ratio 17.77
PEG Ratio 1.61
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.33, with an EV/FCF ratio of 19.82.

EV / Earnings 77.92
EV / Sales 1.74
EV / EBITDA 20.33
EV / EBIT 28.06
EV / FCF 19.82

Financial Position

The company has a current ratio of 1.38, with a Debt / Equity ratio of 0.64.

Current Ratio 1.38
Quick Ratio 1.13
Debt / Equity 0.64
Debt / EBITDA 3.10
Debt / FCF 3.02
Interest Coverage 2.40

Financial Efficiency

Return on equity (ROE) is 5.50% and return on invested capital (ROIC) is 6.00%.

Return on Equity (ROE) 5.50%
Return on Assets (ROA) 2.10%
Return on Capital (ROIC) 6.00%
Revenue Per Employee $465,512
Profits Per Employee $10,368
Employee Count 1,200
Asset Turnover 0.94
Inventory Turnover 11.05

Taxes

In the past 12 months, CECO has paid $7.68 million in taxes.

Income Tax 7.68M
Effective Tax Rate 38.18%

Stock Price Statistics

The stock price has increased by +104.69% in the last 52 weeks. The beta is 1.24, so CECO's price volatility has been higher than the market average.

Beta (1Y) 1.24
52-Week Price Change +104.69%
50-Day Moving Average 23.53
200-Day Moving Average 19.33
Relative Strength Index (RSI) 55.66
Average Volume (30 Days) 319,156

Short Selling Information

The latest short interest is 1.12 million, so 3.21% of the outstanding shares have been sold short.

Short Interest 1.12M
Short Previous Month 1.07M
Short % of Shares Out 3.21%
Short % of Float 3.89%
Short Ratio (days to cover) 4.10

Income Statement

In the last 12 months, CECO had revenue of $558.61 million and earned $12.44 million in profits. Earnings per share was $0.35.

Revenue 558.61M
Gross Profit 181.26M
Operating Income 36.79M
Pretax Income 20.12M
Net Income 12.44M
EBITDA 47.68M
EBIT 34.55M
Earnings Per Share (EPS) $0.35
Full Income Statement

Balance Sheet

The company has $47.03 million in cash and $147.64 million in debt, giving a net cash position of -$100.61 million or -$2.88 per share.

Cash & Cash Equivalents 47.03M
Total Debt 147.64M
Net Cash -100.61M
Net Cash Per Share -$2.88
Equity / Book Value 231.52M
Book Value Per Share 6.63
Working Capital 75.30M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $57.89 million and capital expenditures -$8.99 million, giving a free cash flow of $48.91 million.

Operating Cash Flow 57.89M
Capital Expenditures -8.99M
Free Cash Flow 48.91M
FCF Per Share $1.40
Full Cash Flow Statement

Margins

Gross margin is 32.45%, with operating and profit margins of 6.59% and 2.23%.

Gross Margin 32.45%
Operating Margin 6.59%
Pretax Margin 3.60%
Profit Margin 2.23%
EBITDA Margin 8.54%
EBIT Margin 6.18%
FCF Margin 8.75%

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 -2.78%
Shareholder Yield -2.78%
Earnings Yield 1.43%
FCF Yield 5.63%
Dividend Details

Analyst Forecast

The average price target for CECO is $27.40, which is 10.17% higher than the current price. The consensus rating is "Strong Buy".

Price Target $27.40
Price Target Difference 10.17%
Analyst Consensus Strong Buy
Analyst Count 5
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 2.76 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.76
Piotroski F-Score 7