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WasteCo Group Limited
(WCO)
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Rating:43Neutral
Price Target:
$0.01
▲(0.00% Upside)
Action:N/A
Date:10/05/26
The score is primarily constrained by weak profitability and very high leverage with a thin equity base, which increases financial risk. Rapid revenue growth and recently positive (but volatile) free cash flow provide some support, while technical and valuation inputs are limited by missing indicators and a loss-driven negative P/E.
Positive Factors
Strong revenue scaling
Revenue expansion from approximately $18.8m in 2022 to $70.2m in 2026 shows substantial scaling and improving demand across the waste-services platform. A larger operating base can support broader customer coverage and provide more scope for fixed-cost absorption if execution and margins improve.
Negative Factors
Very high leverage
Debt of about $58.1m against only $3.2m of equity produced debt-to-equity of roughly 18.1x in 2026. This thin equity cushion leaves limited protection if operating performance remains weak and makes financing costs and refinancing needs more consequential.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue scaling
Revenue expansion from approximately $18.8m in 2022 to $70.2m in 2026 shows substantial scaling and improving demand across the waste-services platform. A larger operating base can support broader customer coverage and provide more scope for fixed-cost absorption if execution and margins improve.
Read all positive factors
WasteCo Group Limited (WCO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$8.05M
Dividend YieldN/A
Average Volume (3M)272.95K
Price to Earnings (P/E)―
Beta (1Y)0.53
Revenue Growth24.48%
EPS Growth-3.70%
CountryNZ
Employees25
SectorGeneral
Sector StrengthN/A
IndustryWaste Management
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,150,440,800
10 Day Avg. Volume297,302
30 Day Avg. Volume272,951
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)3.43
Price to Sales (P/S)0.16
P/FCF Ratio16.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
WasteCo Group Limited Business Overview & Revenue Model
Company Description
WasteCo Group Limited operates throughout New Zealand, providing a full spectrum of waste management, recycling, industrial cleaning, and environmental services. The company's diverse offerings include various waste collection and disposal solutio...
WasteCo Group Limited Financial Statement Overview
Summary
Income Statement
36
Negative
Balance Sheet
18
Very Negative
Cash Flow
41
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 70.22M | 56.41M | 48.23M | 34.39M | 18.78M |
| Gross Profit | 4.39M | 56.41M | 10.02M | 3.86M | 1.82M |
| EBITDA | 5.72M | 1.26M | 2.73M | 3.86M | 3.22M |
| Net Income | -12.35M | -9.85M | -4.13M | -1.99M | -168.41K |
Balance Sheet | |||||
| Total Assets | 70.68M | 80.14M | 67.66M | 43.12M | 38.87K |
| Cash, Cash Equivalents and Short-Term Investments | 1.16M | 5.85M | 1.75M | 873.00K | 14.41K |
| Total Debt | 58.08M | 56.93M | 45.41M | 27.85M | 313.70K |
| Total Liabilities | 67.48M | 64.84M | 51.27M | 33.23M | 338.85K |
| Stockholders Equity | 3.20M | 15.30M | 16.39M | 9.89M | -299.98K |
Cash Flow | |||||
| Free Cash Flow | 653.00K | 3.42M | -2.40M | -4.96M | -5.53M |
| Operating Cash Flow | 2.46M | 4.47M | 1.18M | 3.59M | 3.74M |
| Investing Cash Flow | -1.09M | -6.42M | -16.75M | -13.01M | -12.11M |
| Financing Cash Flow | -10.19M | 8.39M | 14.10M | 9.60M | 104.40K |
WasteCo Group Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $1.53B | 22.54 | 26.92% | 3.67% | 10.35% | 24.08% | |
61 Neutral | $227.51M | 15.58 | ― | 3.21% | 9.60% | 82.63% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
44 Neutral | $59.36M | -0.92 | ― | 6.99% | 13.88% | -133.17% | |
43 Neutral | $8.05M | -0.63 | ― | ― | 24.48% | -3.70% |
* General Sector Average
NZ:WCO
WasteCo Group Limited
0.01
-0.01
-50.00%
NZ:SKL
Skellerup Holdings
7.91
2.91
58.14%
NZ:LOC
Locate Technologies Limited
0.04
-0.04
-50.00%
NZ:STU
Steel & Tube Holdings Limited
0.30
-0.38
-55.88%
NZ:SCT
Scott Technology Limited
2.75
0.34
14.25%
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.