SECURE Waste Infrastructure Corp. (SES.TO)
Calgary, AB, CA
SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. The company operates through two segments: Waste Management and Energy Infrastructure. The Waste Management segment manages a network of permitted processing, recovery, and disposal infrastructure, optimizing the handling of hazardous and non-hazardous liquids, solids, emulsions, and industrial by-products, enabling recycling of metals and recovered oil, and offering compliant long-term solutions for residual waste; specialty chemical solutions are used to enhance processing efficiency and reduce waste intensity; metal recycling, drilling waste management, water disposal, and landfill disposal; and integrated network includes waste transfer stations, waste processing facilities, produced water pipelines, metals recycling, industrial landfills, generating highly recurring, infrastructure-driven cash flows supported by significant regulatory and capital barriers to entry. The Energy Infrastructure segment consists of crude oil terminals, storage facilities, and pipeline-connected infrastructure that optimize, store, and move crude oil and natural gas liquids to market, including value-added crude oil and NGL marketing and optimization activities such as buying, selling, blending, and storage. This segment also provides collection, processing, recovery, recycling and disposal of waste streams generated by its energy and industrial customers and the gathering, optimization, terminalling and storage of crude oil and natural gas liquids. The company was formerly known as Secure Energy Services Inc. and changed its name to SECURE Waste Infrastructure Corp. in January 2025. SECURE Waste Infrastructure Corp. was founded in 2007 and is headquartered in Calgary, Canada.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.41% | +1.88% | +1.73% | +17.46% | +23.05% | +25.83% | +60.96% | +252.76% | +410.09% | +159.00% | +600.97% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | -3 |
| Buy | 0 | -1 |
| Hold | 7 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
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Revenue growth Waste Management: +4.3%-86.2% Q1'26: -85.8% (vs Q1'25)
-
EPS growth Waste Management: +10.8%-76.0% Q1'26: +0.0% (vs Q1'25)
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FCF margin FCF growth · Waste Management: +46.5%+4.9% Q1'26: -7.6% (vs Q1'25)
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EBIT margin Waste Management: +13.2%+18.9% ★ Q1'26: +14.9% (vs Q1'25)
-
ROIC Waste Management: +6.2%+10.9% ★ Q1'26: +9.3% (vs Q1'25)
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Share dilution Waste Management: +0.0%-6.9% ★ Q1'26: -9.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Waste Management: 1.12×2.42× Q1'26: 2.65× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 5 Rev. Ana. 4 EPS Ana. |
Dec 2027 6 Rev. Ana. 4 EPS Ana. |
Dec 2028 2 Rev. Ana. 2 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
72.99M
est: 62.31M (+17.1%)
|
551.20M
est: 504.52M (+9.3%)
|
1.03B
est: 940.25M (+9.5%)
|
1.49B
est: 1.56B (-4.4%)
|
2.27B
est: 2.27B (0.0%)
|
1.35B
est: 1.39B (-3.2%)
|
1.41B
est: 1.27B (+11.1%)
|
2.33B
est: 2.28B (+2.2%)
|
2.93B
est: 3.03B (-3.2%)
|
3.08B
est: 3.01B (+2.4%)
|
1.82B
est: 1.84B (-0.6%)
|
3.77B
est: 880.90M (+327.5%)
|
8.00B
est: 1.54B (+419.4%)
|
8.24B
est: 9.96B (-17.2%)
|
10.67B
est: 1.43B (+648.0%)
|
1.47B
est: 1.49B (-1.1%)
|
1.53B
1.49B – 1.56B
+3.0% YoY
|
1.63B
1.54B – 1.75B
+6.0% YoY
|
1.66B
1.59B – 1.74B
+2.0% YoY
|
2.41B
2.31B – 2.53B
+45.4% YoY
|
| EBITDA |
22.98M
est: 3.04M (+656.4%)
|
59.09M
est: 182.82M (-67.7%)
|
93.94M
est: 106.41M (-11.7%)
|
129.96M
est: 147.02M (-11.6%)
|
161.48M
est: 178.18M (-9.4%)
|
-68.17M
est: 94.38M (-172.2%)
|
59.90M
est: -58.70M (+202.0%)
|
99.07M
est: 87.01M (+13.9%)
|
170.12M
est: 97.92M (+73.7%)
|
152.25M
est: 137.24M (+10.9%)
|
60.00M
est: 61.10M (-1.8%)
|
-40.00M
est: 71.87M (-155.7%)
|
527.00M
est: 81.99M (+542.7%)
|
556.00M
est: 1.06B (-47.7%)
|
941.00M
est: 152.72M (+516.2%)
|
475.00M
est: 158.88M (+199.0%)
|
163.60M
158.75M – 166.80M
+3.0% YoY
|
173.43M
164.32M – 186.52M
+6.0% YoY
|
176.87M
169.55M – 185.41M
+2.0% YoY
|
257.17M
246.52M – 269.58M
+45.4% YoY
|
| EBIT |
8.91M
est: 622.1K (+1,332.8%)
|
33.53M
est: 55.75M (-39.9%)
|
51.59M
est: 59.45M (-13.2%)
|
61.89M
est: 76.75M (-19.4%)
|
60.49M
est: 78.98M (-23.4%)
|
-173.51M
est: 32.73M (-630.1%)
|
-46.62M
est: -149.85M (+68.9%)
|
-19.56M
est: -87.81M (+77.7%)
|
52.74M
est: -18.70M (+382.1%)
|
18.20M
est: 57.66M (-68.4%)
|
-85.00M
est: 13.68M (-721.2%)
|
-220.00M
est: 16.10M (-1,466.8%)
|
339.00M
est: 18.36M (+1,746.2%)
|
341.00M
est: 568.26M (-40.0%)
|
760.00M
est: 81.68M (+830.4%)
|
278.00M
est: 84.98M (+227.1%)
|
87.51M
84.91M – 89.22M
+3.0% YoY
|
92.77M
87.89M – 99.77M
+6.0% YoY
|
94.60M
90.69M – 99.17M
+2.0% YoY
|
137.55M
131.86M – 144.20M
+45.4% YoY
|
| Net Income |
5.37M
est: 20.62M (-74.0%)
|
22.38M
est: 34.43M (-35.0%)
|
33.05M
est: 41.75M (-20.8%)
|
38.96M
est: 54.99M (-29.1%)
|
30.65M
est: 56.73M (-46.0%)
|
-159.87M
est: 19.14M (-935.2%)
|
-48.94M
est: -134.32M (+63.6%)
|
-34.20M
est: -95.06M (+64.0%)
|
19.93M
est: -45.23M (+144.1%)
|
1.60M
est: 20.68M (-92.3%)
|
-85.00M
est: -41.74M (-103.6%)
|
-203.00M
est: 1.06M (-19,169.5%)
|
184.00M
est: 1.21M (+15,051.1%)
|
195.00M
est: 452.77M (-56.9%)
|
582.00M
est: 511.45M (+13.8%)
|
123.00M
est: 120.00M (+2.5%)
|
185.16M
177.51M – 192.80M
+54.3% YoY
|
236.70M
232.34M – 241.06M
+27.8% YoY
|
283.50M
248.99M – 335.01M
+19.8% YoY
|
443.66M
419.78M – 471.50M
+56.5% YoY
|
| SGA |
9.77M
est: 1.25M (+682.3%)
|
26.67M
est: 57.39M (-53.5%)
|
46.34M
est: 47.52M (-2.5%)
|
65.18M
est: 77.08M (-15.4%)
|
99.01M
est: 87.85M (+12.7%)
|
85.82M
est: 53.00M (+61.9%)
|
74.34M
est: 69.93M (+6.3%)
|
89.51M
est: 135.26M (-33.8%)
|
94.86M
est: 110.04M (-13.8%)
|
88.88M
est: 98.45M (-9.7%)
|
55.00M
est: 50.28M (+9.4%)
|
96.00M
est: 59.14M (+62.3%)
|
119.00M
est: 67.46M (+76.4%)
|
136.00M
est: 309.97M (-56.1%)
|
141.00M
est: 44.56M (+216.4%)
|
126.00M
est: 46.36M (+171.8%)
|
47.73M
46.32M – 48.67M
+3.0% YoY
|
50.60M
47.94M – 54.42M
+6.0% YoY
|
51.60M
49.47M – 54.10M
+2.0% YoY
|
75.03M
71.93M – 78.66M
+45.4% YoY
|
| EPS |
0.09
est: 0.08 (+6.1%)
|
0.28
est: 0.30 (-6.7%)
|
0.34
est: 0.35 (-3.3%)
|
0.36
est: 0.39 (-7.7%)
|
0.26
est: 0.53 (-50.7%)
|
-1.20
est: -0.54 (-120.3%)
|
-0.32
est: -0.23 (-37.4%)
|
-0.21
est: -0.03 (-508.7%)
|
0.12
est: 0.13 (-5.3%)
|
0.00
est: 0.00 (+140.7%)
|
-0.55
est: -0.34 (-63.6%)
|
-0.87
est: -0.15 (-474.3%)
|
0.59
est: 0.65 (-8.9%)
|
0.66
est: 1.99 (-66.9%)
|
2.28
est: 2.25 (+1.4%)
|
0.55
est: 0.55 (+0.3%)
|
0.82
0.78 – 0.85
+49.2% YoY
|
1.05
1.03 – 1.06
+27.8% YoY
|
1.29
1.10 – 1.48
+23.4% YoY
|
1.96
1.85 – 2.08
+51.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | B- | 2/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | B- | 2/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | B- | 2/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | B- | 2/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | B- | 2/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | B- | 2/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-01 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-30 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-29 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-28 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-27 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-24 | B | 3/5 | 2/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-23 | B | 3/5 | 2/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 2/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B | 3/5 | 2/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B | 3/5 | 2/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B | 3/5 | 2/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B | 3/5 | 2/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-15 | B | 3/5 | 2/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Allen Peter Gransch | President, Chief Executive Officer & Director | 2M | male |
| Corey Ray Higham | Chief Operating Officer | 853.5K | male |
| Chad William Magus | Chief Financial Officer | 852.6K | male |
| Michael Callihoo | Corporate Secretary & General Counsel | 725.7K | male |
| Alison Prokop | Executive | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for SES.TO
Short-term intention
Target Price Distribution
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