GFL Environmental Inc. Tops Q3 Earnings Estimates - Yahoo Finance
GFL Stock | USD 41.94 0.56 1.32% |
About 61% of Gfl Environmental's investor base is looking to short. The analysis of overall sentiment of trading Gfl Environmental Holdings stock suggests that many investors are alarmed at this time. Gfl Environmental's investing sentiment shows overall attitude of investors towards Gfl Environmental Holdings.
Gfl |
GFL Environmental Inc. Tops Q3 Earnings Estimates Yahoo Finance
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Gfl Environmental Fundamental Analysis
We analyze Gfl Environmental's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gfl Environmental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gfl Environmental based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Gfl Environmental is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Gfl Environmental Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Gfl Environmental stock to make a market-neutral strategy. Peer analysis of Gfl Environmental could also be used in its relative valuation, which is a method of valuing Gfl Environmental by comparing valuation metrics with similar companies.
Peers
Gfl Environmental Related Equities
MEG | Montrose Environmental | 1.62 | ||||
RSG | Republic Services | 0.85 | ||||
CLH | Clean Harbors | 0.76 | ||||
WM | Waste Management | 0.33 | ||||
WCN | Waste Connections | 0.06 | ||||
CWST | Casella Waste | 0.28 |
Check out Gfl Environmental Hype Analysis, Gfl Environmental Correlation and Gfl Environmental Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gfl Environmental. If investors know Gfl will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gfl Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Gfl Environmental is measured differently than its book value, which is the value of Gfl that is recorded on the company's balance sheet. Investors also form their own opinion of Gfl Environmental's value that differs from its market value or its book value, called intrinsic value, which is Gfl Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gfl Environmental's market value can be influenced by many factors that don't directly affect Gfl Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gfl Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gfl Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gfl Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.