Gfl Environmental Inc. (GFL) intrinsic value & 10-year financials
Gfl Environmental Inc. (GFL) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue grew 25.4% a year to CAD 4.2B, with an average return on invested capital of -6.9%.
- Graham intrinsic value
- —
- Revenue (FY2020)
- CAD 4.2B
- Revenue growth (4-yr CAGR)
- 25.4%
- ROIC (10-yr avg)
- -6.9%
- Free cash flow (FY2020)
- —
GFL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2020 | CAD 4.2B | -CAD 994.9M | -CAD 2.80 | — | — | -9.2% |
| FY2019 | CAD 3.3B | -CAD 451.7M | -CAD 1.25 | — | — | -4.7% |
| FY2018 | — | — | — | — | — | — |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in CAD.
Executive summary
GFL Environmental Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
GFL Environmental Inc. has historically struggled to out-earn its cost of capital, averaging just -6.9% ROIC.
GFL Environmental Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, GFL Environmental Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-93.00 per share.