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CECO Environmental Corp
NASDAQ:CECO

Watchlist Manager
CECO Environmental Corp
NASDAQ:CECO
Watchlist
Price: 64.8 USD 1.52%
Market Cap: $2.3B

P/B

7.3
Current
109%
More Expensive
vs 3-y average of 3.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
7.3
=
Market Cap
$2.2B
/
Total Equity
$317.5m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
7.3
=
Market Cap
$2.2B
/
Total Equity
$317.5m

Valuation Scenarios

CECO Environmental Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (3.5), the stock would be worth $30.96 (52% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-66%
Maximum Upside
No Upside Scenarios
Average Downside
59%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 7.3 $64.8
0%
3-Year Average 3.5 $30.96
-52%
5-Year Average 2.5 $21.96
-66%
Industry Average 3.3 $29.73
-54%
Country Average 2.5 $22.39
-65%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
US
CECO Environmental Corp
NASDAQ:CECO
2.3B USD 7.3 46.1
US
Waste Management Inc
NYSE:WM
93.8B USD 9.3 34.2
US
Republic Services Inc
NYSE:RSG
65.9B USD 5.4 30.2
CA
Waste Connections Inc
TSX:WCN
58.8B CAD 4.8 36.9
US
Rollins Inc
NYSE:ROL
27.4B USD 19.7 51.5
US
Veralto Corp
NYSE:VLTO
22.1B USD 7.1 23.4
UK
Rentokil Initial PLC
LSE:RTO
12.6B GBP 2.3 26.8
US
Clean Harbors Inc
NYSE:CLH
16.4B USD 5.9 41.2
CA
GFL Environmental Inc
TSX:GFL
19.8B CAD 2.6 5.1
CN
Spic Yuanda Environmental Protection Co Ltd
SSE:600292
69.3B CNY 13.3 19 123.8
US
Tetra Tech Inc
NASDAQ:TTEK
8.2B USD 4.4 23.2

Market Distribution

Higher than 81% of companies in the United States of America
Percentile
81th
Based on 10 946 companies
81th percentile
7.3
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

CECO Environmental Corp
Glance View

CECO Environmental Corp. has carved out a significant niche for itself in the industrial sector, focusing on air quality and fluid handling solutions. Founded in the late 1960s, this Dallas-based company has grown by addressing critical environmental and safety challenges faced by various industries worldwide. CECO's core offerings revolve around systems and products that manage air pollution control and fluid handling. By leveraging its technological prowess, the company designs, installs, and maintains advanced filtration and ventilation systems that ensure cleaner air emissions and better industrial hygiene. Its product line, marked by innovation and efficiency, caters to sectors including power generation, petrochemical, refining, and manufacturing, emphasizing sustainable industrial practices. CECO's revenue model is primarily driven by selling its proprietary equipment, alongside offering aftermarket services which provide a steady stream of ongoing income. The company thrives on its engineering expertise, allowing it to customize solutions that align with the stringent regulatory standards imposed on industries today. Not only does CECO safeguard the environment, but it also aids companies in optimizing their operations by enhancing energy efficiency and reducing wastage. This dual focus on regulatory compliance and operational efficiency has helped CECO maintain strong relationships with its clients, fueling its growth and ensuring resilience in the face of evolving industrial demands. As industries globally shift toward sustainable practices, CECO's role becomes even more crucial, positioning it as a key player in the transition towards a cleaner, more sustainable industrial framework.

CECO Intrinsic Value
30.32 USD
Overvaluation 53%
Intrinsic Value
Price $64.8
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