CLEANAWAY WASTE MANAGEMENT LIMITED (CWY)
Share Price Analysis and Chart

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CWY

CWY - CLEANAWAY WASTE MANAGEMENT LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 2.47
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Cleanaway Waste Management is an Australian waste management company providing collection, disposal and recycling services to businesses ranging from small to multinational organisations. It listed in 2005 and the current name was adopted in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.73

19 Jun
2025

0.030

OPEN

$2.73

1.11%

HIGH

$2.76

13,203,721

LOW

$2.73

TARGET
$3.062 12.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
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FNARENA'S MARKET CONSENSUS FORECASTS
CWY: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 7.0 8.9 xxx
DPS (cps) xxx 5.0 5.6 xxx
EPS Growth xxx 100.0% 27.2% xxx
DPS Growth xxx 2.0% 11.0% xxx
PE Ratio xxx N/A 31.0 xxx
Dividend Yield xxx N/A 2.0% xxx
Div Pay Ratio(%) xxx 71.1% 62.1% xxx

Dividend yield today if purchased 3 years ago: 1.87%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.81

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 13/09 - ex-div 2.55c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx7.0
DPS All xxxxxxxxxxxxxxx5.0
Sales/Revenue xxxxxxxxxxxxxxx3,700.4 M
Book Value Per Share xxxxxxxxxxxxxxx134.5
Net Operating Cash Flow xxxxxxxxxxxxxxx543.0 M
Net Profit Margin xxxxxxxxxxxxxxx4.23 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx5.27 %
Return on Invested Capital xxxxxxxxxxxxxxx3.46 %
Return on Assets xxxxxxxxxxxxxxx2.52 %
Return on Equity xxxxxxxxxxxxxxx5.27 %
Return on Total Capital xxxxxxxxxxxxxxx6.75 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx68.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx110 M
Long Term Debt xxxxxxxxxxxxxxx1,622 M
Total Debt xxxxxxxxxxxxxxx1,732 M
Goodwill - Gross xxxxxxxxxxxxxxx2,442 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx121 M
Price To Book Value xxxxxxxxxxxxxxx2.06

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx403.2 M
Capex % of Sales xxxxxxxxxxxxxxx10.90 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,220 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx168 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx83 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

21/03/2025

2

Accumulate

$3.00

9.89%

Ord Minnett notes the -$377m acquisition of Contract Resources by Cleanaway Waste Management, a company specialising in catalyst handling, decontamination, and chemical cleaning.

The acquired company has two-thirds of its business in Australia and exposure to the Middle East.

The acquisition is viewed as a positive strategic move and should be low risk and EPS accretive, with single-digit expansion.

The broker lifts EPS estimates by 7% for FY28, with synergies of $12m expected for the first full year.

Target price lifts to $3 from $2.90, and an Accumulate rating is retained.

Bell Potter

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

02/06/2025

1

Buy

$3.10

13.55%

Following presentations from Cleanaway Waste Management on its branch-led operating model and site visits, Jarden sees upside potential in three key areas.

The broker notes labour turnover has improved and is now around 15% vs FY23 peak of 21.5%, raising potential for cost savings and increased EBIT margins.

Improving labour productivity and lower competition particularly in Victoria would also support EBIT margins. Finally, the broker also sees upside from large contract wins in Municipal solid waste services.

No change to forecasts. Buy. Target unchanged at $3.10.

FORECAST
Jarden forecasts a full year FY25 dividend of 5.70 cents and EPS of 9.20 cents.
Jarden forecasts a full year FY26 dividend of 7.20 cents and EPS of 11.50 cents.
Access Extra Coverage Research History >

CWY STOCK CHART

FNArena News on CWY

Latest Industrial Sector Contractors & Engineers News

1
New Growth Pathway for Cleanaway Waste Management

Mar 14 2022 - Australia
2
Better Times Ahead For Contractors

Sep 10 2021 - Australia
3
ALS Gathers Pace As Commodities Surge

May 27 2021 - Australia
4
Cash For Trash In Listed Waste Management

Apr 23 2021 - Weekly Reports
5
Lift In Exploration Augurs Well For ALS

Mar 11 2021 - Australia
6
Service Stream: Margin Pressure Versus NBN Upside

Mar 03 2021 - Australia
7
ALS To Benefit As Mineral Exploration Heats Up

Nov 19 2020 - Australia
8
Budget Puts Downer EDI In The Front Seat

Oct 08 2020 - Australia
9
ESG Focus: Of Waste And Resources

Sep 09 2020 - ESG Focus
10
ESG focus: Australia Gets Serious About Recycling

Jul 21 2020 - ESG Focus