-0.68%
8.39%
9.21%
8.44%
24.88%
68.52%
126.28%

Company Description

Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States.The company offers collection and processing of recyclable materials, collection, transfer and disposal of non-hazardous solid waste, and other environmental solutions.Its collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and waste containers; and renting of compactors.


In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill and transfer services.Further, it offers disposal of non-hazardous solid and liquid material and in-plant services, such as transportation and logistics.It serves small-container, large-container, and residential customers.


As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states.It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills.The company was incorporated in 1996 and is based in Phoenix, Arizona.

Market Data

Last Price 216.87
Change Percentage -0.68%
Open 218.54
Previous Close 218.36
Market Cap ( Millions) 67913
Volume 943873
Year High 220.58
Year Low 171.06
M A 50 210.14
M A 200 200.71

Financial Ratios

FCF Yield 2.81%
Dividend Yield 1.03%
ROE 18.08%
Debt / Equity 114.02%
Net Debt / EBIDTA 270.69%
Price To Book 6.06
Price Earnings Ratio 34.56
Price To FCF 35.61
Price To sales 4.29
EV / EBITDA 17.16

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Small-container

Expected Growth : 5.5 %

What the company do ?

The Small-container from Republic Services, Inc. is a compact waste management solution for small businesses and households, holding 1-2 cubic yards of waste.

Why we expect these perspectives ?

Republic Services' small-container segment growth of 5.5% is driven by increasing municipal solid waste volumes, rising recycling rates, and growing demand for specialized waste services. Additionally, the company's strategic acquisitions, investments in technology, and focus on customer retention and pricing initiatives contribute to the segment's growth.

Segment nΒ°2 -> Large-container

Expected Growth : 5.8 %

What the company do ?

The Large Container from Republic Services, Inc. is a waste management solution for large-scale waste disposal, offering 20-40 yard containers for construction, demolition, and industrial projects.

Why we expect these perspectives ?

Republic Services' large-container segment growth of 5.8% is driven by increasing demand for waste management services, fueled by a growing US economy, urbanization, and rising environmental concerns. Additionally, the company's strategic acquisitions, expanded service offerings, and operational efficiencies contribute to its growth momentum.

Segment nΒ°3 -> Residential

Expected Growth : 5.2 %

What the company do ?

Residential from Republic Services, Inc. provides waste and recycling services to households, offering curbside pickup, yard waste collection, and special collection services.

Why we expect these perspectives ?

Republic Services' Residential segment growth of 5.2% is driven by increasing waste volumes from a growing US population, rising recycling rates, and favorable demographics. Additionally, the company's focus on customer service, pricing initiatives, and investments in technology and infrastructure have contributed to the segment's growth.

Segment nΒ°4 -> Landfill

Expected Growth : 4.8 %

What the company do ?

Republic Services, Inc.'s Landfill is a waste management facility that safely and efficiently handles non-hazardous waste disposal, utilizing environmentally responsible practices.

Why we expect these perspectives ?

Republic Services' landfill segment growth of 4.8% is driven by increasing municipal solid waste volumes, rising environmental awareness, and growing demand for sustainable waste management practices. Additionally, strategic acquisitions, expanded service offerings, and efficient operations contribute to the segment's growth.

Segment nΒ°5 -> Environmental Solutions

Expected Growth : 6.2 %

What the company do ?

Environmental Solutions from Republic Services, Inc. provides sustainable waste management and recycling services to help preserve the environment.

Why we expect these perspectives ?

Republic Services' Environmental Solutions segment growth of 6.2% is driven by increasing demand for sustainable waste management practices, government regulations and policies promoting recycling and renewable energy, and strategic acquisitions expanding the company's service offerings and geographic reach.

Segment nΒ°6 -> Transfer

Expected Growth : 5.6 %

What the company do ?

Transfer from Republic Services, Inc. refers to the movement of waste from a smaller collection vehicle to a larger transport vehicle for efficient hauling to a landfill or recycling facility.

Why we expect these perspectives ?

Republic Services, Inc.'s 5.6% growth is driven by increasing waste volumes, pricing gains, and cost savings from operational efficiencies. Additionally, the company's focus on recycling and sustainability initiatives, as well as its strategic acquisitions, contribute to its growth momentum.

Segment nΒ°7 -> Other Non-core

Expected Growth : 4.5 %

What the company do ?

Other Non-core from Republic Services, Inc. refers to non-core assets, such as closed landfills, that are not part of the company's core waste management business.

Why we expect these perspectives ?

Republic Services' Other Non-core segment growth of 4.5% is driven by strategic divestitures, improved pricing, and cost savings initiatives. Additionally, the company's focus on recycling and sustainability efforts, as well as its investments in technology and operational efficiencies, contribute to this growth.

Segment nΒ°8 -> Recycling Processing and Commodity Sales

Expected Growth : 6.5 %

What the company do ?

Recycling Processing and Commodity Sales from Republic Services, Inc. involves collecting and processing recyclable materials, selling them as commodities, and generating revenue from the sale of these materials.

Why we expect these perspectives ?

Republic Services' Recycling Processing and Commodity Sales segment growth of 6.5% is driven by increasing demand for sustainable waste management practices, rising recycling rates, and growing sales of recyclable materials such as paper, plastics, and metals. Additionally, the company's investments in recycling infrastructure and technology, as well as its focus on contamination reduction and quality improvement, contribute to the segment's growth.

Segment nΒ°9 -> Collection - Other

Expected Growth : 5.0 %

What the company do ?

Collection - Other from Republic Services, Inc. refers to miscellaneous waste management services, including non-hazardous solid waste collection, disposal, and recycling.

Why we expect these perspectives ?

Republic Services' Collection - Other segment growth of 5.0% is driven by increasing demand for specialty waste services, expansion of existing contracts, and strategic acquisitions. Additionally, the company's focus on sustainability and environmental services, such as organics collection and processing, contributes to growth in this segment.

Republic Services, Inc. Products

Product Range What is it ?
Residential Waste Collection Republic Services provides curbside waste collection services to residential customers, including trash, recyclables, and organic waste.
Commercial Waste Collection Republic Services offers customized waste management solutions for businesses, including dumpster rentals, recycling programs, and compactors.
Construction Waste Management Republic Services provides specialized waste management services for construction and demolition projects, including roll-off dumpsters and recycling programs.
Recycling Services Republic Services offers comprehensive recycling programs for paper, plastic, glass, and metal, helping communities reduce waste and conserve natural resources.
Landfill Management Republic Services operates and manages landfills, providing a safe and environmentally responsible solution for waste disposal.
Transfer Stations Republic Services operates transfer stations, which serve as intermediate facilities for waste processing and transportation to landfills or recycling facilities.
Organic Waste Management Republic Services offers organic waste management services, including composting and anaerobic digestion, to convert organic waste into renewable energy and nutrient-rich soil amendments.

Republic Services, Inc.'s Porter Forces

Republic Services, Inc. has a low threat of substitutes due to the lack of alternative waste management services that can replace its offerings.

Republic Services, Inc. has a medium bargaining power of customers due to the presence of some large commercial and industrial customers, but the majority of its customers are residential and have limited bargaining power.

Republic Services, Inc. has a low bargaining power of suppliers due to its large scale of operations and ability to negotiate favorable terms with its suppliers.

Republic Services, Inc. has a low threat of new entrants due to the high barriers to entry in the waste management industry, including the need for significant capital investments and regulatory approvals.

Republic Services, Inc. operates in a moderately competitive industry, with a few large players competing for market share, but the company's scale and operational efficiency help it to maintain its market position.

Capital Structure

Value
Debt Weight 54.52%
Debt Cost 5.21%
Equity Weight 45.48%
Equity Cost 7.31%
WACC 6.16%
Leverage 119.86%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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PAYX Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It …
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CAT Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. Its Construction Industries segment offers asphalt pavers, backhoe loaders, compactors, cold …
TDG TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
216.87$
Current Price
216.87$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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