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WM - Waste Management, In...

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Waste Management, Inc.

WM

NYSE

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2021, the company owned or operated 255 solid waste landfills; 5 secure hazardous waste landfills; 96 MRFs; and 340 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.

232.75 USD

-0.38 (-0.163%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

15.22B

17.93B

19.7B

20.43B

22.06B

24.24B

26.62B

29.24B

32.12B

35.29B

Revenue %

-

17.83

9.85

3.7

8.01

9.85

9.85

9.85

9.85

Ebitda

4.15B

4.96B

5.47B

5.59B

6.42B

6.74B

7.41B

8.14B

8.94B

9.82B

Ebitda %

27.26

27.64

27.75

27.38

29.08

27.82

27.82

27.82

27.82

Ebit

2.38B

2.85B

3.32B

3.52B

4.15B

4.09B

4.49B

4.93B

5.42B

5.95B

Ebit %

15.61

15.87

16.83

17.24

18.81

16.87

16.87

16.87

16.87

Depreciation

1.77B

2.11B

2.15B

2.07B

2.27B

2.65B

2.92B

3.2B

3.52B

3.86B

Depreciation %

11.66

11.77

10.91

10.14

10.28

10.95

10.95

10.95

10.95

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

553M

118M

351M

458M

414M

494.05M

542.7M

596.15M

654.86M

719.35M

Total Cash %

3.63

0.66

1.78

2.24

1.88

2.04

2.04

2.04

2.04

Receivables

2.62B

2.55B

2.75B

2.87B

3.69B

3.69B

4.06B

4.46B

4.89B

5.38B

Receivables %

17.24

14.2

13.97

14.05

16.71

15.23

15.23

15.23

15.23

Inventories

124M

135M

164M

173M

206M

202.66M

222.61M

244.54M

268.62M

295.07M

Inventories %

0.81

0.75

0.83

0.85

0.93

0.84

0.84

0.84

0.84

Payable

1.12B

1.38B

1.77B

1.71B

2.05B

2.02B

2.22B

2.44B

2.68B

2.94B

Payable %

7.37

7.67

8.97

8.37

9.27

8.33

8.33

8.33

8.33

Cap Ex

-1.63B

-1.9B

-2.59B

-2.9B

-3.23B

-3.07B

-3.37B

-3.7B

-4.07B

-4.47B

Cap Ex %

-10.72

-10.62

-13.13

-14.17

-14.64

-12.66

-12.66

-12.66

-12.66

Weighted Average Cost Of Capital

Price

232.75

Beta

Diluted Shares Outstanding

403.4M

Costof Debt

4

Tax Rate

After Tax Cost Of Debt

3.18

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

23.9B

Total Equity

93.89B

Total Capital

117.79B

Debt Weighting

20.29

Equity Weighting

79.71

Wacc

6.38

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

15.22B

17.93B

19.7B

20.43B

22.06B

24.24B

26.62B

29.24B

32.12B

35.29B

Ebitda

4.15B

4.96B

5.47B

5.59B

6.42B

6.74B

7.41B

8.14B

8.94B

9.82B

Ebit

2.38B

2.85B

3.32B

3.52B

4.15B

4.09B

4.49B

4.93B

5.42B

5.95B

Tax Rate

20.59

20.59

20.59

20.59

20.59

20.59

20.59

20.59

20.59

20.59

Ebiat

1.88B

2.2B

2.54B

2.69B

3.29B

3.18B

3.49B

3.84B

4.21B

4.63B

Depreciation

1.77B

2.11B

2.15B

2.07B

2.27B

2.65B

2.92B

3.2B

3.52B

3.86B

Receivables

2.62B

2.55B

2.75B

2.87B

3.69B

3.69B

4.06B

4.46B

4.89B

5.38B

Inventories

124M

135M

164M

173M

206M

202.66M

222.61M

244.54M

268.62M

295.07M

Payable

1.12B

1.38B

1.77B

1.71B

2.05B

2.02B

2.22B

2.44B

2.68B

2.94B

Cap Ex

-1.63B

-1.9B

-2.59B

-2.9B

-3.23B

-3.07B

-3.37B

-3.7B

-4.07B

-4.47B

Ufcf

391.91M

2.73B

2.26B

1.68B

1.82B

2.74B

2.85B

3.13B

3.44B

3.78B

Wacc

6.38

6.38

6.38

6.38

6.38

Pv Ufcf

2.57B

2.52B

2.6B

2.69B

2.78B

Sum Pv Ufcf

13.16B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

6.38

Free Cash Flow T1

3.91B

Terminal Value

135.8B

Present Terminal Value

99.67B

Intrinsic Value

Enterprise Value

112.83B

Net Debt

23.49B

Equity Value

89.34B

Diluted Shares Outstanding

403.4M

Equity Value Per Share

221.47

Projected DCF

221.47 -0.051%

DCF Levered

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