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Heritage-Crystal Clean

Nasdaq:HCCI
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HCCI
Nasdaq
$376M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Heritage-Crystal Clean, Inc., through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, hazardous and non-hazardous waste, and used oil collection services to small and mid-sized customers in the industrial and vehicle maintenance services industries in North America. The last earnings update was 31 days ago. More info.


Add to Portfolio Compare Print
  • Heritage-Crystal Clean has significant price volatility in the past 3 months.
HCCI Share Price and Events
7 Day Returns
-2%
NasdaqGS:HCCI
-6.8%
US Commercial Services
-4.1%
US Market
1 Year Returns
-40%
NasdaqGS:HCCI
-20.5%
US Commercial Services
-14.9%
US Market
HCCI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Heritage-Crystal Clean (HCCI) -2% -42.9% -49.2% -40% 4.3% 16.4%
US Commercial Services -6.8% -26.3% -28.5% -20.5% 4% 18.8%
US Market -4.1% -19.1% -23.4% -14.9% 3.5% 14.5%
1 Year Return vs Industry and Market
  • HCCI underperformed the Commercial Services industry which returned -20.5% over the past year.
  • HCCI underperformed the Market in United States of America which returned -14.9% over the past year.
Price Volatility
HCCI
Industry
5yr Volatility vs Market

HCCI Value

 Is Heritage-Crystal Clean undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Heritage-Crystal Clean to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Heritage-Crystal Clean.

NasdaqGS:HCCI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:HCCI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.594 (1 + (1- 21%) (31.52%))
0.827
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.827 * 5.44%)
6.24%

Discounted Cash Flow Calculation for NasdaqGS:HCCI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Heritage-Crystal Clean is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:HCCI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.24%)
2020 24.80 Analyst x1 23.34
2021 28.90 Analyst x1 25.60
2022 32.20 Analyst x1 26.85
2023 34.40 Analyst x1 27.00
2024 36.70 Analyst x1 27.12
2025 38.42 Est @ 4.68% 26.72
2026 39.88 Est @ 3.8% 26.10
2027 41.14 Est @ 3.18% 25.35
2028 42.28 Est @ 2.75% 24.52
2029 43.31 Est @ 2.45% 23.64
Present value of next 10 years cash flows $256.00
NasdaqGS:HCCI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $43.31 × (1 + 1.74%) ÷ (6.24% – 1.74%)
$979.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $979.03 ÷ (1 + 6.24%)10
$534.42
NasdaqGS:HCCI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $256.00 + $534.42
$790.42
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $790.42 / 23.96
$32.99
NasdaqGS:HCCI Discount to Share Price
Calculation Result
Value per share (USD) From above. $32.99
Current discount Discount to share price of $15.69
= -1 x ($15.69 - $32.99) / $32.99
52.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Heritage-Crystal Clean is available for.
Intrinsic value
>50%
Share price is $15.69 vs Future cash flow value of $32.99
Current Discount Checks
For Heritage-Crystal Clean to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Heritage-Crystal Clean's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Heritage-Crystal Clean's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Heritage-Crystal Clean's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Heritage-Crystal Clean's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:HCCI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-28) in USD $0.36
NasdaqGS:HCCI Share Price ** NasdaqGS (2020-04-02) in USD $15.69
United States of America Commercial Services Industry PE Ratio Median Figure of 53 Publicly-Listed Commercial Services Companies 19.23x
United States of America Market PE Ratio Median Figure of 2,944 Publicly-Listed Companies 12.5x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Heritage-Crystal Clean.

NasdaqGS:HCCI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:HCCI Share Price ÷ EPS (both in USD)

= 15.69 ÷ 0.36

43.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Heritage-Crystal Clean is overvalued based on earnings compared to the US Commercial Services industry average.
  • Heritage-Crystal Clean is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Heritage-Crystal Clean's expected growth come at a high price?
Raw Data
NasdaqGS:HCCI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 43.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
55.1%per year
United States of America Commercial Services Industry PEG Ratio Median Figure of 35 Publicly-Listed Commercial Services Companies 1.21x
United States of America Market PEG Ratio Median Figure of 2,008 Publicly-Listed Companies 0.91x

*Line of best fit is calculated by linear regression .

NasdaqGS:HCCI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 43.45x ÷ 55.1%

0.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Heritage-Crystal Clean is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Heritage-Crystal Clean's assets?
Raw Data
NasdaqGS:HCCI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-28) in USD $11.43
NasdaqGS:HCCI Share Price * NasdaqGS (2020-04-02) in USD $15.69
United States of America Commercial Services Industry PB Ratio Median Figure of 86 Publicly-Listed Commercial Services Companies 1.14x
United States of America Market PB Ratio Median Figure of 5,142 Publicly-Listed Companies 1.22x
NasdaqGS:HCCI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:HCCI Share Price ÷ Book Value per Share (both in USD)

= 15.69 ÷ 11.43

1.37x

* Primary Listing of Heritage-Crystal Clean.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Heritage-Crystal Clean is overvalued based on assets compared to the US Commercial Services industry average.
X
Value checks
We assess Heritage-Crystal Clean's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Heritage-Crystal Clean has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HCCI Future Performance

 How is Heritage-Crystal Clean expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
55.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Heritage-Crystal Clean expected to grow at an attractive rate?
  • Heritage-Crystal Clean's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Heritage-Crystal Clean's earnings growth is expected to exceed the United States of America market average.
  • Heritage-Crystal Clean's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:HCCI Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:HCCI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 55.1%
NasdaqGS:HCCI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 5.2%
United States of America Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
United States of America Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:HCCI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:HCCI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 575 1
2023-12-31 551 1
2022-12-31 528 1
2021-12-31 496 33 5
2020-12-31 469 55 27 5
2020-04-03
2019-12-31 440 43 18 5
NasdaqGS:HCCI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-28 444 53 8
2019-09-07 433 43 13
2019-06-15 428 43 13
2019-03-23 423 40 12
2018-12-29 410 30 15
2018-09-08 399 36 24
2018-06-16 383 30 22
2018-03-24 369 33 23
2017-12-30 366 45 28
2017-09-09 357 46 20
2017-06-17 355 52 17
2017-03-25 350 44 12
2016-12-31 348 38 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Heritage-Crystal Clean's earnings are expected to grow significantly at over 20% yearly.
  • Heritage-Crystal Clean's revenue is expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:HCCI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Heritage-Crystal Clean Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HCCI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 1.37 1.47 1.24 3.00
2020-12-31 1.14 1.33 1.04 4.00
2020-04-03
2019-12-31 0.77 0.81 0.71 4.00
NasdaqGS:HCCI Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-28 0.36
2019-09-07 0.56
2019-06-15 0.58
2019-03-23 0.53
2018-12-29 0.64
2018-09-08 1.04
2018-06-16 0.97
2018-03-24 1.02
2017-12-30 1.24
2017-09-09 0.88
2017-06-17 0.78
2017-03-25 0.56
2016-12-31 0.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Heritage-Crystal Clean will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Heritage-Crystal Clean's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Heritage-Crystal Clean has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HCCI Past Performance

  How has Heritage-Crystal Clean performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Heritage-Crystal Clean's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Heritage-Crystal Clean has delivered over 20% year on year earnings growth in the past 5 years.
  • Heritage-Crystal Clean's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Heritage-Crystal Clean's 1-year earnings growth is negative, it can't be compared to the US Commercial Services industry average.
Earnings and Revenue History
Heritage-Crystal Clean's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Heritage-Crystal Clean Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HCCI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-28 444.43 8.36 50.22
2019-09-07 432.67 13.02 49.21
2019-06-15 427.51 13.39 48.61
2019-03-23 422.81 12.34 49.09
2018-12-29 410.18 14.73 47.71
2018-09-08 398.91 23.95 46.72
2018-06-16 382.57 22.30 47.03
2018-03-24 368.65 23.24 46.08
2017-12-30 365.96 28.12 47.40
2017-09-09 356.92 19.85 49.24
2017-06-17 355.46 17.48 49.01
2017-03-25 349.63 12.37 49.96
2016-12-31 347.63 5.84 49.82
2016-09-10 341.23 -0.09 47.97
2016-06-18 342.05 0.29 47.12
2016-03-26 344.44 0.42 46.21
2016-01-02 350.02 1.25 45.27
2015-09-12 366.75 -5.95 45.37
2015-06-20 361.98 -6.25 43.68
2015-03-28 357.12 -6.29 42.57
2015-01-03 339.05 -7.01 39.15
2014-09-06 313.94 5.33 34.72
2014-06-14 303.63 4.22 33.48
2014-03-22 289.09 3.33 31.03
2013-12-28 283.14 4.55 29.97
2013-09-07 268.81 1.63 28.12
2013-06-15 263.27 1.36 26.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Heritage-Crystal Clean has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Heritage-Crystal Clean used its assets less efficiently than the US Commercial Services industry average last year based on Return on Assets.
  • Heritage-Crystal Clean has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Heritage-Crystal Clean's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Heritage-Crystal Clean has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HCCI Health

 How is Heritage-Crystal Clean's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Heritage-Crystal Clean's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Heritage-Crystal Clean is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Heritage-Crystal Clean's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Heritage-Crystal Clean's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Heritage-Crystal Clean Company Filings, last reported 3 months ago.

NasdaqGS:HCCI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-28 265.63 29.35 60.69
2019-09-07 266.31 29.26 58.95
2019-06-15 259.11 29.19 52.17
2019-03-23 252.18 29.12 42.69
2018-12-29 254.23 29.05 43.58
2018-09-08 250.18 28.95 46.32
2018-06-16 242.45 28.88 41.83
2018-03-24 235.45 28.81 37.56
2017-12-30 235.93 28.74 41.89
2017-09-09 222.85 28.65 33.45
2017-06-17 214.32 28.58 25.24
2017-03-25 205.53 28.51 10.89
2016-12-31 198.27 63.45 36.61
2016-09-10 193.46 66.58 29.77
2016-06-18 190.79 68.09 25.33
2016-03-26 188.60 69.62 22.40
2016-01-02 189.83 69.48 23.61
2015-09-12 192.02 73.61 20.46
2015-06-20 189.08 77.84 19.39
2015-03-28 186.85 79.07 20.28
2015-01-03 187.41 79.15 21.56
2014-09-06 163.21 19.32 15.89
2014-06-14 160.28 19.98 18.03
2014-03-22 157.68 20.42 19.94
2013-12-28 159.30 20.96 22.63
2013-09-07 155.65 21.49 30.89
2013-06-15 151.61 21.54 40.98
  • Heritage-Crystal Clean's level of debt (11%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (41.1% vs 11% today).
  • Debt is well covered by operating cash flow (181.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 30.6x coverage).
X
Financial health checks
We assess Heritage-Crystal Clean's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Heritage-Crystal Clean has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HCCI Dividends

 What is Heritage-Crystal Clean's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Heritage-Crystal Clean dividends.
If you bought $2,000 of Heritage-Crystal Clean shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Heritage-Crystal Clean's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Heritage-Crystal Clean's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:HCCI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1941 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:HCCI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2020-04-03
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Heritage-Crystal Clean has not reported any payouts.
  • Unable to verify if Heritage-Crystal Clean's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Heritage-Crystal Clean's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Heritage-Crystal Clean has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Heritage-Crystal Clean's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Heritage-Crystal Clean afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Heritage-Crystal Clean has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HCCI Management

 What is the CEO of Heritage-Crystal Clean's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brian Recatto
COMPENSATION $2,300,414
AGE 54
TENURE AS CEO 3.2 years
CEO Bio

Mr. Brian J. Recatto has been the Chief Executive Officer and President of Heritage-Crystal Clean, Inc. since February 01, 2017. Mr. Recatto has served as Chief Executive Officer and President at OMNI Energy Services Corp. from July 1, 2008 until 2012. He served as the President of U.S. Operations at Gibson Energy Inc. since January 13, 2014 until January 10, 2017. He served as Senior Vice President of Environmental Services at Gibson Energy Inc., from October 2012 to January 13, 2014. He joined Gibson Energy in October 2012 with the OMNI Energy Services acquisition. Mr. Recatto served as the Chief Operating Officer of OMNI Energy Services Corp. from December 20, 2007 to 2008. He was responsible for daily operations encompassing all activities in the development and implementation of short- and long-range plans to achieve overall corporate goals at OMNI Energy Services. He served as Vice President of Charles Holston, Inc. since March 6, 2007. Mr. Recatto joined OMNI Energy Services Corp., in March 2007 in connection with the acquisition of Charles Holston, Inc., where he served as President and Owner/Principal from 2004 to 2007. His responsibilities at CHI included overall management of the day-to-day operations. He held various positions with PSC, LLC from 1997 to 2004 and served as its General Manager of the Gulf Coast Waste Operations and President of the Industrial Services Division. Mr. Recatto has nearly twenty five years of experience in the environmental consulting and services sector. Mr. Recatto served as Senior Vice President and President of Environmental Services Group at PSC, LLC since April 2000. From December 1997 to April 2000, he also served as Vice President for the Central Region Industrial Outsourcing Group at Oldco's Group and Director of Operations for the Western Region Industrial Outsourcing Group. From July 1991 to December 1997, he served as President of Meklo Inc. He started his career in 1987 with Marine Shale Processors, Inc. as Director of Sales & Marketing. In 1989, he founded EMRAS, Inc. In 1992 he bought Meklo, Inc. with a group of investors and spent 6 years as the President of the Houston-based industrial waste management company before selling Meklo to Philip Services Corporation (PSC). He has been a Non-Employee Director of Heritage-Crystal Clean, Inc. since July 25, 2012 and served as its Lead Director since 2016 until January 31, 2017. He served as a Director of OMNI Holding Corporation since October 2010. He served as a Director of OMNI Energy Services Corp. from 2008 to October 2010. Mr. Recatto holds a Bachelor of Science in Finance from the Louisiana State University in 1987.

CEO Compensation
  • Brian's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Brian's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Heritage-Crystal Clean management team in years:

4.3
Average Tenure
54
Average Age
  • The tenure for the Heritage-Crystal Clean management team is about average.
Management Team

Brian Recatto

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
54
TENURE
3.2 yrs

Mark DeVita

TITLE
Chief Financial Officer
COMPENSATION
$580K
AGE
50
TENURE
8.3 yrs

Ellie Bruce

TITLE
Vice President of Business Management & Marketing
COMPENSATION
$532K
AGE
55
TENURE
4.3 yrs
Board of Directors Tenure

Average tenure and age of the Heritage-Crystal Clean board of directors in years:

12.1
Average Tenure
68
Average Age
  • The average tenure for the Heritage-Crystal Clean board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Fred Fehsenfeld

TITLE
Chairman of the Board
COMPENSATION
$95K
AGE
68

Brian Recatto

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
54
TENURE
7.8 yrs

Robert Willmschen

TITLE
Independent Non-Employee Director
COMPENSATION
$110K
AGE
71
TENURE
12.1 yrs

Charles Schalliol

TITLE
Independent Non-Employee Director
COMPENSATION
$105K
AGE
71
TENURE
12.1 yrs

Carmine Falcone

TITLE
Independent Non-Employee Director
COMPENSATION
$106K
AGE
72
TENURE
12.1 yrs

Bruce Bruckmann

TITLE
Independent Non-Employee Director
COMPENSATION
$95K
AGE
66
TENURE
16.3 yrs

Jim Schumacher

TITLE
Director
COMPENSATION
$95K
AGE
52
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
15. Aug 19 Sell Ellie Bruce Individual 14. Aug 19 14. Aug 19 -2,000 $25.05 $-50,100
12. Aug 19 Sell Carmine Falcone Individual 09. Aug 19 09. Aug 19 -2,500 $26.22 $-65,550
07. Aug 19 Sell Robert Willmschen Individual 05. Aug 19 05. Aug 19 -4,296 $27.25 $-117,066
X
Management checks
We assess Heritage-Crystal Clean's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Heritage-Crystal Clean has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HCCI News

Simply Wall St News

Does The Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Share Price Tend To Follow The Market?

Anyone researching Heritage-Crystal Clean, Inc (NASDAQ:HCCI) might want to consider the historical volatility of the share price. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … What this means for you: Beta only tells us that the Heritage-Crystal Clean share price is sensitive to broader market movements.

Simply Wall St -

Why Heritage-Crystal Clean, Inc's (NASDAQ:HCCI) CEO Pay Matters To You

Check out our latest analysis for Heritage-Crystal Clean How Does Brian Recatto's Compensation Compare With Similar Sized Companies? … CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Heritage-Crystal Clean (free visualization of insider trades). … If you want to buy a stock that is better than Heritage-Crystal Clean, this free list of high return, low debt companies is a great place to look.

Simply Wall St -

Have Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Insiders Been Selling Their Stock?

See our latest analysis for Heritage-Crystal Clean The Last 12 Months Of Insider Transactions At Heritage-Crystal Clean Notably, that recent sale by Robert Willmschen is the biggest insider sale of Heritage-Crystal Clean shares that we've seen in the last year. … Insiders in Heritage-Crystal Clean didn't buy any shares in the last year. … Heritage-Crystal Clean insiders own about US$95m worth of shares.

Simply Wall St -

Does Heritage-Crystal Clean (NASDAQ:HCCI) Have A Healthy Balance Sheet?

The latest balance sheet data shows that Heritage-Crystal Clean had liabilities of US$78.9m due within a year, and liabilities of US$94.7m falling due after that. … Despite its noteworthy liabilities, Heritage-Crystal Clean boasts net cash, so it's fair to say it does not have a heavy debt load! … Heritage-Crystal Clean may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt.

Simply Wall St -

Is Heritage-Crystal Clean's (NASDAQ:HCCI) 128% Share Price Increase Well Justified?

For instance the Heritage-Crystal Clean, Inc (NASDAQ:HCCI) share price is 128% higher than it was three years ago. … During three years of share price growth, Heritage-Crystal Clean achieved compound earnings per share growth of 204% per year. … This EPS growth is higher than the 32% average annual increase in the share price.

Simply Wall St -

Are Investors Undervaluing Heritage-Crystal Clean, Inc (NASDAQ:HCCI) By 23%?

In this article we are going to estimate the intrinsic value of Heritage-Crystal Clean, Inc (NASDAQ:HCCI) by estimating the company's future cash flows and discounting them to their present value. … Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) estimate 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Levered FCF ($, Millions) $23.0m $27.2m $32.1m $36.8m $40.6m $43.9m $46.7m $49.2m $51.5m $53.6m Growth Rate Estimate Source Analyst x1 Analyst x1 Analyst x1 Analyst x1 Est @ 10.38% Est @ 8.08% Est @ 6.48% Est @ 5.35% Est @ 4.57% Est @ 4.01% Present Value ($, Millions) Discounted @ 7.68% $21.4 $23.5 $25.7 $27.4 $28.1 $28.2 $27.8 $27.2 $26.5 $25.6 ("Est" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF)= $261.2m After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … NasdaqGS:HCCI Intrinsic value, July 10th 2019 The assumptions Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows.

Simply Wall St -

What Does Heritage-Crystal Clean, Inc's (NASDAQ:HCCI) P/E Ratio Tell You?

We'll apply a basic P/E ratio analysis to Heritage-Crystal Clean, Inc's (NASDAQ:HCCI), to help you decide if the stock is worth further research. … See our latest analysis for Heritage-Crystal Clean How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Heritage-Crystal Clean: P/E of 47.58 = $25.45 ÷ $0.53 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Did Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Insiders Sell Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Heritage-Crystal Clean, Inc (NASDAQ:HCCI). … For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' See our latest analysis for Heritage-Crystal Clean The Last 12 Months Of Insider Transactions At Heritage-Crystal Clean The Vice President of Business Management & Marketing, Ellie Bruce, made the biggest insider sale in the last 12 months. … Still, the insider transactions at Heritage-Crystal Clean in the last 12 months are not very heartening.

Simply Wall St -

Is It Time To Consider Buying Heritage-Crystal Clean, Inc (NASDAQ:HCCI)?

Heritage-Crystal Clean, Inc (NASDAQ:HCCI), which is in the commercial services business, and is based in United States, saw a decent share price growth in the teens level on the NASDAQGS over the last few months. … According to my valuation model, Heritage-Crystal Clean seems to be fairly priced at around 9.3% below my intrinsic value, which means if you buy Heritage-Crystal Clean today, you’d be paying a reasonable price for it. … HCCI’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

Simply Wall St -

Is Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Investing Your Capital Efficiently?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

HCCI Company Info

Description

Heritage-Crystal Clean, Inc., through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, hazardous and non-hazardous waste, and used oil collection services to small and mid-sized customers in the industrial and vehicle maintenance services industries in North America. It operates in two segments, Environmental Services and Oil Business. The Environmental Services segment offers parts cleaning, containerized waste management, vacuum truck, antifreeze recycling, and field services. The Oil Business segment engages in the collection of used oil, the sale of recycled fuel oil, and used oil filter removal and disposal activities, as well as the re-refining of used oil into lubricant base oil and other products. This segment also collects and disposes waste water. As of March 02, 2020, the company operated through 89 branches serving approximately 90,000 customer locations. Heritage-Crystal Clean, Inc. was incorporated in 2007 and is headquartered in Elgin, Illinois.

Details
Name: Heritage-Crystal Clean, Inc
HCCI
Exchange: NasdaqGS
Founded: 2007
$375,924,994
23,959,528
Website: http://www.crystal-clean.com
Address: Heritage-Crystal Clean, Inc
2175 Point Boulevard,
Suite 375,
Elgin,
Illinois, 60123,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS HCCI Common Stock Nasdaq Global Select US USD 12. Mar 2008
Number of employees
Current staff
Staff numbers
1,357
Heritage-Crystal Clean employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 04:51
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2020/03/06
Last earnings filing: 2020/03/03
Last earnings reported: 2019/12/28
Last annual earnings reported: 2019/12/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.