Waste Connections, Inc. (WCN)
Refuse Systems
Latest Price
$159.74
TTM P/E
38.49
Normalized P/E
50.39
Div Yield
0.85%
Book Value
31.14
P/B Ratio
5.13
Valuation metrics
adjust assumptions →EPS: $4.17
Book value / share: $32.26
Formula: √(22.5 × EPS × BVPS)
Graham Number
$55.01
65% downside
Base FCF: $1.2B (median of recent 5yr)
Growth: 6%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$52.37
67% downside
EPS: $4.17
Target P/E: 50×
Formula: EPS × P/E
P/E Fair Value
$208.50
+31% upside
Institutional Ownership
90.2% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| XXEC, Inc. | 26.38M | $164.0M | 10.46% | -- | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 15.80M | $2.63B | 6.26% | -57.9K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 11.23M | $1.87B | 4.45% | +97.7K | 2026-06-30 |
| BANK OF MONTREAL /CAN/ | 8.68M | $1.45B | 3.44% | +540.8K | 2026-06-30 |
| 1832 Asset Management L.P. | 7.46M | $1.24B | 2.96% | +343.1K | 2026-06-30 |
| BlackRock, Inc. | 6.37M | $1.06B | 2.53% | +179.2K | 2026-06-30 |
| FMR LLC | 5.34M | $890.0M | 2.12% | -3.62M | 2026-06-30 |
| MACKENZIE FINANCIAL CORP | 4.70M | $21.0M | 1.86% | -280.6K | 2026-06-30 |
| Capital International Investors | 4.58M | $763.0M | 1.82% | -645.4K | 2026-06-30 |
| AQR CAPITAL MANAGEMENT LLC | 4.11M | $683.0M | 1.63% | +3.00M | 2026-06-30 |