Company Valuation: Stericycle, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2018 2019 2020 2021 2022 2023
Market Cap 1 3,324 5,815 6,347 5,479 4,599 4,585
Change - 74.94% 9.16% -13.68% -16.06% -0.3%
Enterprise Value (EV) 1 6,073 8,895 8,459 7,400 6,472 6,333
Change - 46.48% -4.9% -12.53% -12.53% -2.16%
P/E -12.6x -16.7x -110x -197x 82.1x -214x
PBR 1.29x 2.5x 2.61x 2.28x 1.9x 1.82x
PEG - -0.5x 1.3x 3.8x -0x 2x
Capitalization / Revenue 0.95x 1.76x 2.37x 2.07x 1.7x 1.72x
EV / Revenue 1.74x 2.69x 3.16x 2.8x 2.39x 2.38x
EV / EBITDA 8.49x 16.5x 17.4x 16.2x 15x 15.8x
EV / EBIT 13.2x 33.3x 33.5x 31.6x 32.6x 34.4x
EV / FCF 30.5x 51.4x 22.2x 23.2x 64.5x 45x
FCF Yield 3.28% 1.94% 4.51% 4.32% 1.55% 2.22%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -2.91 -3.811 -0.63 -0.3028 0.608 -0.2316
Distribution rate - - - - - -
Net sales 1 3,486 3,309 2,676 2,647 2,705 2,659
EBITDA 1 715.5 539.9 486 458 431 400.8
EBIT 1 459.6 267.1 252.5 234.1 198.5 184.3
Net income 1 -244.7 -346.8 -57.3 -27.8 56 -21.4
Net Debt 1 2,749 3,080 2,112 1,921 1,873 1,747
Reference price 2 36.69 63.81 69.33 59.64 49.89 49.56
Nbr of stocks (in thousands) 90,595 91,128 91,552 91,863 92,184 92,523
Announcement Date 2/28/19 2/28/20 2/25/21 2/24/22 2/23/23 2/28/24
1USD in Million2USD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 5.75B
36.08x5.08x15.29x0.84% 42.13B
-69.67x3.98x13.03x0.14% 14.9B
1562.33x3.46x15.16x-.--% 5.97B
27.4x1.72x8.35x2.9% 4.1B
26.66x3.9x11.4x1.75% 3.78B
18.96x - - - 3.79B
10.64x - - 4.12% 3.65B
14.02x - - - 3.25B
Average 203.30x 3.63x 12.65x 1.62% 9.7B
Weighted average by Cap. 124.71x 4.46x 14.20x 0.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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