Cleanaway Waste Management (TG9) AI Stock Analysis

Cleanaway Waste Management

(Frankfurt:TG9)

Rating:―N/A

Action:N/A

Date:―

No summary available

Positive Factors

Integrated waste infrastructure and recurring contractsCleanaway combines collection, processing, treatment and disposal assets with multi-year customer contracts. This integrated model can capture margin across several service stages while contracted volumes support asset utilisation, making revenue more durable than purely transactional waste activity.

Negative Factors

Sustained margin and profitability pressureThe multi-year decline in net and EBITDA margins shows that revenue growth is converting into less profit than earlier in the cycle. If this pressure persists, weaker earnings conversion could constrain reinvestment, reduce returns on capital and limit the benefit of continued top-line expansion.

Cleanaway Waste Management (TG9) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 4.71B
Dividend Yield: 2.30%
Average Volume (3M): 204
Price to Earnings (P/E): 68.2
Beta (1Y): 0.00
Revenue Growth: 10.82%
EPS Growth: -38.28%
Country: Germany
Employees: 9,700
Sector: Industrials
Sector Strength: 63
Industry: Waste Management

Cleanaway Waste Management Business Overview & Revenue Model

Company Description

Cleanaway Waste Management Limited (CWM) is a leading Australian provider of comprehensive waste management, industrial, and environmental solutions. Its operations are structured into three primary divisions: Solid Waste Services, Industrial & Waste...

Cleanaway Waste Management Earnings Call Summary

Earnings Call Date:Aug 18, 2026(Q4-2026)|% Change Since:18.53%|Next Earnings Date:Feb 11, 2027

Earnings Call SentimentPositive

The call presented a predominantly constructive operational and financial story: double-digit revenue and underlying EBIT growth, a substantial free cash flow improvement, margin expansion in core Solid Waste Services, and strong performance from the Contract Resources acquisition. Management acknowledged pockets of underperformance (notably Health Services, parts of Industrial Services and OTS project volumes), one-off/significant items reducing statutory NPAT, and near-term IT and remediation cash costs that temper short-term earnings. Guidance reflects a step-up in underlying EBIT ($500–530m) while recognizing IT/investment costs and legacy cash impacts in FY'27. On balance the positives (strong cash generation, core segment strength, strategic progress and acquisition delivery) outweigh the negatives, though investors should monitor near-term cash and finance cost headwinds and the successful execution of recovery plans.

Positive Updates

Strong top-line and underlying EBIT growth

Net revenue increased 13.1% to $3.7 billion and underlying EBIT rose 14.2% to $470.2 million, demonstrating broad earnings growth across the group.

Negative Updates

Statutory NPAT materially lower due to significant items

Statutory NPAT fell to $98.5 million due to net costs from legacy matters, the recent reorganization, IT modernization and non-cash impairments — significant items reduced reported profitability versus underlying metrics.

Company Guidance

Management guided FY‑27 underlying EBIT of $500–530 million (FY‑26 underlying EBIT was $470.2m on $3.7bn net revenue), which with expected depreciation & amortisation of $435–455m implies an underlying EBITDA range of $935–985m; cash CapEx is expected to be ~A$360m (total CapEx A$400–410m plus ~A$40m related to FY‑26 truck payments), no material working‑capital movements, cash interest paid of ~A$140m (net finance costs ~A$170m), and a net cash impact of underlying adjustments of A$40–50m; guidance is built on organic growth in core solids (pricing/volume/productivity), recovery in Health/OTS/Industrial Services and indirect‑cost actions, but recognises higher central IT/Blueprint‑2030 investment (incurred before benefits) and expected landfill remediation of ~A$180m over FY‑27–29.

Cleanaway Waste Management Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

DE:TG9 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AU:VNT	65Neutral	AUD 4.77B	17.73	48.18%	4.15%	-1.03%	8.70%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AU:DOW	55Neutral	AUD 4.65B	21.64	11.01%	4.09%	-7.37%	59.81%
AU:CLG	48Neutral	AUD 23.17M	-0.19	-175.71%	―	-35.63%	-374.34%
AU:EGL	43Neutral	AUD 28.73M	-4.97	-14.21%	―	-0.09%	-228.23%

* Industrials Sector Average

Performance Comparison

DE:TG9 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:TG9	Cleanaway Waste Management Ltd.	1.74	0.33	23.67%
AU:DOW	Downer EDI Limited	7.14	-0.27	-3.58%
AU:EGL	Environmental Group Limited	0.07	-0.16	-68.09%
AU:CLG	Close the Loop Ltd.	0.04	-0.00	-2.50%
AU:VNT	Ventia Services Group Limited	5.85	0.49	9.24%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Cleanaway Waste Management AI Stock Analysis