WCN Relative Valuation
WCN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, WCN is overvalued; if below, it's undervalued.
Historical Valuation
Waste Connections Inc (WCN) is now in the Undervalued zone, suggesting that its current forward PE ratio of 31.37 is considered Undervalued compared with the five-year average of 33.88. The fair price of Waste Connections Inc (WCN) is between 195.22 to 215.55 according to relative valuation methord. Compared to the current price of 173.25 USD , Waste Connections Inc is Undervalued By 11.25%.
Relative Value
Fair Zone
195.22-215.55
Current Price：173.25
11.25%
Undervalued
31.37
PE
1Y
3Y
5Y
Trailing
Forward
16.27
EV/EBITDA
Waste Connections Inc. (WCN) has a current EV/EBITDA of 16.27. The 5-year average EV/EBITDA is 17.25. The thresholds are as follows: Strongly Undervalued below 15.18, Undervalued between 15.18 and 16.21, Fairly Valued between 18.28 and 16.21, Overvalued between 18.28 and 19.31, and Strongly Overvalued above 19.31. The current Forward EV/EBITDA of 16.27 falls within the Historic Trend Line -Fairly Valued range.
26.25
EV/EBIT
Waste Connections Inc. (WCN) has a current EV/EBIT of 26.25. The 5-year average EV/EBIT is 29.37. The thresholds are as follows: Strongly Undervalued below 25.06, Undervalued between 25.06 and 27.21, Fairly Valued between 31.52 and 27.21, Overvalued between 31.52 and 33.67, and Strongly Overvalued above 33.67. The current Forward EV/EBIT of 26.25 falls within the Undervalued range.
4.52
PS
Waste Connections Inc. (WCN) has a current PS of 4.52. The 5-year average PS is 4.72. The thresholds are as follows: Strongly Undervalued below 3.98, Undervalued between 3.98 and 4.35, Fairly Valued between 5.10 and 4.35, Overvalued between 5.10 and 5.47, and Strongly Overvalued above 5.47. The current Forward PS of 4.52 falls within the Historic Trend Line -Fairly Valued range.
16.41
P/OCF
Waste Connections Inc. (WCN) has a current P/OCF of 16.41. The 5-year average P/OCF is 17.48. The thresholds are as follows: Strongly Undervalued below 14.57, Undervalued between 14.57 and 16.03, Fairly Valued between 18.94 and 16.03, Overvalued between 18.94 and 20.39, and Strongly Overvalued above 20.39. The current Forward P/OCF of 16.41 falls within the Historic Trend Line -Fairly Valued range.
30.88
P/FCF
Waste Connections Inc. (WCN) has a current P/FCF of 30.88. The 5-year average P/FCF is 32.21. The thresholds are as follows: Strongly Undervalued below 24.18, Undervalued between 24.18 and 28.20, Fairly Valued between 36.23 and 28.20, Overvalued between 36.23 and 40.25, and Strongly Overvalued above 40.25. The current Forward P/FCF of 30.88 falls within the Historic Trend Line -Fairly Valued range.
Waste Connections Inc (WCN) has a current Price-to-Book (P/B) ratio of 5.48. Compared to its 3-year average P/B ratio of 5.41 , the current P/B ratio is approximately 1.36% higher. Relative to its 5-year average P/B ratio of 5.13, the current P/B ratio is about 6.77% higher. Waste Connections Inc (WCN) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 2.85%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 2.81% , the current FCF yield is about -100.00% lower.
5.48
P/B
Median3y
5.41
Median5y
5.13
2.77
FCF Yield
Median3y
2.85
Median5y
2.81
Competitors Valuation Multiple
The average P/S ratio for WCN's competitors is , providing a benchmark for relative valuation. Waste Connections Inc Corp (WCN) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 5.13%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of WCN increased by 0.97% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 67.21 to 72.23.
The secondary factor is the Revenue Growth, contributed 5.13%to the performance.
Overall, the performance of WCN in the past 1 year is driven by P/E Change. Which is more unsustainable.
People Also Watch
FAQ
Is Waste Connections Inc (WCN) currently overvalued or undervalued?
What is Waste Connections Inc (WCN) fair value?
How does WCN's valuation metrics compare to the industry average?
What is the current P/B ratio for Waste Connections Inc (WCN) as of Dec 05 2025?
What is the current FCF Yield for Waste Connections Inc (WCN) as of Dec 05 2025?
What is the current Forward P/E ratio for Waste Connections Inc (WCN) as of Dec 05 2025?