SES.TO
SECURE WASTE INFRASTRUCTURE COR
TorontoCADEQUITY
DELAYED
Last price
23.84
▼ 0.05 (0.21%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
23.76
Prev close
23.89
Day high
24.04
Day low
23.76
Volume
265.81K
Market cap
—
P/E (TTM)
—
52W range
15.44 – 24.85
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-1.85%
-0.5%
1M
+2.45%
-1.3%
3M
+11.66%
+8.6%
6M
+19.56%
+8.5%
YTD
+38.04%
+25.8%
1Y
+45.37%
+25.4%
3Y
+249.05%
+174.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap—
Enterprise value—
Revenue (TTM)—
Gross profit—
EBITDA—
Net income—
EPS (TTM)—
Free cash flow—
Total cash—
Total debt—
Book value / share—
Shares outstanding—
Float—
Short % of float—
Dividend yield—
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio—
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA—
Gross margin—
Operating margin—
Profit margin—
Return on equity—
Return on assets—
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.47B | $1.42B | $8.24B | $8.00B | +3.6% |
| Operating revenue | $1.47B | $1.42B | $8.24B | $8.00B | +3.6% |
| Cost of revenue | $1.05B | $999.00M | $7.73B | $7.51B | +5.2% |
| Gross profit | $421.00M | $422.00M | $512.00M | $493.00M | -0.2% |
| Selling, general & admin | $126.00M | $141.00M | $136.00M | $119.00M | -10.6% |
| Total operating expense | $143.00M | $158.00M | $157.00M | $142.00M | -9.5% |
| Operating income | $278.00M | $264.00M | $355.00M | $351.00M | +5.3% |
| Net interest income | -$62.00M | -$47.00M | -$84.00M | -$87.00M | -31.9% |
| Pre-tax income | $164.00M | $713.00M | $257.00M | $252.00M | -77.0% |
| Tax provision | $41.00M | $131.00M | $62.00M | $68.00M | -68.7% |
| Net income | $123.00M | $582.00M | $195.00M | $184.00M | -78.9% |
| Net income to common | $123.00M | $582.00M | $195.00M | $184.00M | -78.9% |
| Basic EPS | 0.55 | 2.28 | 0.66 | 0.59 | -75.9% |
| Diluted EPS | 0.54 | 2.25 | 0.65 | 0.59 | -76.0% |
| EBIT | $224.00M | $758.00M | $339.00M | $336.00M | -70.4% |
| EBITDA | $412.00M | $931.00M | $542.00M | $514.00M | -55.7% |
| Basic shares | 223.21M | 254.72M | 295.91M | 309.64M | -12.4% |
| Diluted shares | 226.36M | 258.84M | 299.09M | 313.17M | -12.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $22.00M | $26.00M | $12.00M | $12.00M | -15.4% |
| Cash & short-term investments | $22.00M | $26.00M | $12.00M | $12.00M | -15.4% |
| Accounts receivable | $452.00M | $504.00M | $357.00M | $449.00M | -10.3% |
| Inventory | $156.00M | $143.00M | $144.00M | $100.00M | +9.1% |
| Total current assets | $643.00M | $688.00M | $1.19B | $576.00M | -6.5% |
| Property, plant & equipment | $1.52B | $1.26B | $1.27B | $1.58B | +20.4% |
| Goodwill & intangibles | $328.00M | $291.00M | $267.00M | $514.00M | +12.7% |
| Total assets | $2.53B | $2.28B | $2.84B | $2.84B | +10.8% |
| Total current liabilities | $530.00M | $681.00M | $472.00M | $459.00M | -22.2% |
| Long-term debt | $859.00M | $339.00M | $966.00M | $919.00M | +153.4% |
| Total debt | $1.02B | $454.00M | $1.10B | $1.03B | +124.7% |
| Total liabilities | $1.74B | $1.24B | $1.66B | $1.57B | +40.1% |
| Retained earnings | $105.00M | $71.00M | -$412.00M | -$490.00M | +47.9% |
| Shareholder equity | $792.00M | $1.04B | $1.19B | $1.27B | -24.0% |
| Working capital | $113.00M | $7.00M | $718.00M | $117.00M | +1,514.3% |
| Net tangible assets | $464.00M | $751.00M | $919.00M | $752.00M | -38.2% |
| Shares issued | 217.39M | 234.08M | 287.63M | 309.38M | -7.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $123.00M | $582.00M | $195.00M | $184.00M | -78.9% |
| Depreciation & amortisation | $170.00M | $152.00M | — | — | +11.8% |
| Stock-based compensation | $30.00M | $34.00M | $26.00M | $19.00M | -11.8% |
| Change in working capital | -$105.00M | $86.00M | -$44.00M | $8.00M | -222.1% |
| Operating cash flow | $273.00M | $497.00M | $430.00M | $411.00M | -45.1% |
| Capital expenditure | -$225.00M | -$134.00M | -$203.00M | -$96.00M | -67.9% |
| Investing cash flow | -$365.00M | $954.00M | -$155.00M | -$58.00M | -138.3% |
| Share buybacks | -$284.00M | -$657.00M | -$163.00M | -$6.00M | +56.8% |
| Dividends paid | -$89.00M | -$104.00M | -$117.00M | -$38.00M | +14.4% |
| Financing cash flow | $90.00M | -$1.44B | -$272.00M | -$346.00M | +106.3% |
| Free cash flow | $48.00M | $363.00M | $227.00M | $315.00M | -86.8% |
| End cash position | $22.00M | $26.00M | $12.00M | $12.00M | -15.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $422.00M | $383.00M | -$6.17B | $355.00M | $379.00M | +10.2% |
| Operating revenue | $422.00M | $383.00M | -$6.17B | $355.00M | $379.00M | +10.2% |
| Cost of revenue | $300.00M | $277.00M | -$6.28B | $265.00M | $271.00M | +8.3% |
| Gross profit | $122.00M | $106.00M | $112.00M | $90.00M | $108.00M | +15.1% |
| Selling, general & admin | $41.00M | $44.00M | $26.00M | $27.00M | $39.00M | -6.8% |
| Total operating expense | $45.00M | $49.00M | $30.00M | $31.00M | $43.00M | -8.2% |
| Operating income | $77.00M | $57.00M | $82.00M | $59.00M | $65.00M | +35.1% |
| Net interest income | -$19.00M | -$18.00M | -$19.00M | -$17.00M | -$12.00M | -5.6% |
| Pre-tax income | $58.00M | $46.00M | $70.00M | $42.00M | $50.00M | +26.1% |
| Tax provision | $15.00M | $11.00M | $17.00M | $11.00M | $12.00M | +36.4% |
| Net income | $43.00M | $35.00M | $53.00M | $31.00M | $38.00M | +22.9% |
| Net income to common | $43.00M | $35.00M | $53.00M | $31.00M | $38.00M | +22.9% |
| Basic EPS | 0.20 | 0.16 | — | 0.14 | 0.16 | +25.0% |
| Diluted EPS | 0.20 | 0.16 | — | 0.14 | 0.16 | +25.0% |
| EBIT | $76.00M | $63.00M | $88.00M | $59.00M | $61.00M | +20.6% |
| EBITDA | $126.00M | $114.00M | $136.00M | $105.00M | $106.00M | +10.5% |
| Basic shares | 218.03M | 217.53M | — | 224.01M | 232.19M | +0.2% |
| Diluted shares | 219.91M | 220.30M | — | 226.67M | 235.97M | -0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $25.00M | $59.00M | $22.00M | $31.00M | $20.00M | -57.6% |
| Cash & short-term investments | $25.00M | $59.00M | $22.00M | $31.00M | $20.00M | -57.6% |
| Accounts receivable | $514.00M | $675.00M | $452.00M | $486.00M | $446.00M | -23.9% |
| Inventory | $163.00M | $183.00M | $156.00M | $143.00M | $146.00M | -10.9% |
| Total current assets | $741.00M | $986.00M | $643.00M | $680.00M | $629.00M | -24.8% |
| Property, plant & equipment | $1.51B | $1.52B | $1.52B | $1.43B | $1.41B | -0.5% |
| Goodwill & intangibles | $321.00M | $324.00M | $328.00M | $335.00M | $340.00M | -0.9% |
| Total assets | $2.61B | $2.86B | $2.53B | $2.48B | $2.41B | -8.9% |
| Total current liabilities | $618.00M | $721.00M | $530.00M | $523.00M | $627.00M | -14.3% |
| Long-term debt | $856.00M | $1.02B | $859.00M | $843.00M | $549.00M | -15.8% |
| Total debt | $1.01B | $1.18B | $1.02B | $1.00B | $711.00M | -14.1% |
| Total liabilities | $1.80B | $2.09B | $1.74B | $1.67B | $1.43B | -13.6% |
| Retained earnings | $137.00M | $117.00M | $105.00M | $95.00M | $86.00M | +17.1% |
| Shareholder equity | $804.00M | $777.00M | $792.00M | $817.00M | $974.00M | +3.5% |
| Working capital | $123.00M | $265.00M | $113.00M | $157.00M | $2.00M | -53.6% |
| Net tangible assets | $483.00M | $453.00M | $464.00M | $482.00M | $634.00M | +6.6% |
| Shares issued | 218.03M | 218.02M | 217.39M | 219.84M | 230.89M | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $43.00M | $35.00M | $53.00M | $31.00M | $38.00M | +22.9% |
| Stock-based compensation | $6.00M | $19.00M | $3.00M | $6.00M | $10.00M | -68.4% |
| Change in working capital | $102.00M | -$88.00M | $4.00M | -$126.00M | $29.00M | +215.9% |
| Operating cash flow | $194.00M | $13.00M | $122.00M | -$43.00M | $110.00M | +1,392.3% |
| Capital expenditure | -$42.00M | -$42.00M | -$69.00M | -$38.00M | -$40.00M | 0.0% |
| Investing cash flow | -$37.00M | -$54.00M | -$79.00M | -$47.00M | -$200.00M | +31.5% |
| Share buybacks | $0 | -$17.00M | -$16.00M | -$162.00M | -$79.00M | +100.0% |
| Dividends paid | -$23.00M | -$23.00M | -$22.00M | -$22.00M | -$23.00M | 0.0% |
| Financing cash flow | -$191.00M | $77.00M | -$44.00M | $102.00M | $83.00M | -348.1% |
| Free cash flow | $152.00M | -$29.00M | $53.00M | -$81.00M | $70.00M | +624.1% |
| End cash position | $25.00M | $59.00M | $22.00M | $31.00M | $20.00M | -57.6% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
Consensus—
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders—
Held by institutions—
Institutions holding—
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
24.07
-0.94% from price
SMA 20
23.99
-0.62% from price
SMA 50
23.20
+2.75% from price
SMA 100
22.54
+5.76% from price
SMA 200
20.48
+16.40% from price
EMA 12
23.99
-0.64% from price
EMA 26
23.78
+0.26% from price
EMA 50
23.31
+2.29% from price
RSI (14)
51.2
Neutral
MACD (12,26,9)
0.21
Hist -0.09
ATR (14)
0.64
2.69% of price
Realised vol 30D
19.9%
Annualised
Bollinger upper
24.71
20, 2σ
Bollinger lower
23.27
20, 2σ
50 / 200 cross
Golden
23.20 vs 20.48
Trend bias
Above 200
+16.40%
Risk profile
Beta vs SPY
0.02
Less volatile than market
Correlation to SPY
0.01
Largely independent
Realised vol 30D
19.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-23.2%
Peak to trough
Max drawdown 5Y
-31.6%
Peak to trough
ATR 14
0.64
2.69% of price
Beta (reported)
—
5Y monthly, from filing
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