Waste Connections, Inc. (WCN)
Refuse Systems
Latest Price
$167.38
TTM P/E
40.33
Normalized P/E
52.80
Div Yield
0.82%
Book Value
31.14
P/B Ratio
5.38
Valuation metrics
adjust assumptions →EPS: $4.17
Book value / share: $32.26
Formula: √(22.5 × EPS × BVPS)
Graham Number
$55.01
67% 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
69% downside
EPS: $4.17
Target P/E: 53×
Formula: EPS × P/E
P/E Fair Value
$221.01
+32% upside
Institutional Ownership
75.7% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | 15.86M | $2.58B | 6.29% | -- | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 11.14M | $1.81B | 4.42% | -- | 2026-03-31 |
| FMR LLC | 8.96M | $1.46B | 3.56% | -1.30M | 2026-03-31 |
| BANK OF MONTREAL /CAN/ | 8.14M | $1.32B | 3.23% | -464.8K | 2026-03-31 |
| 1832 Asset Management L.P. | 7.11M | $1.16B | 2.82% | +1.46M | 2026-03-31 |
| BlackRock, Inc. | 6.19M | $1.00B | 2.46% | +260.7K | 2026-03-31 |
| Capital International Investors | 5.23M | $849.0M | 2.07% | -1.24M | 2026-03-31 |
| MACKENZIE FINANCIAL CORP | 4.98M | $809.0M | 1.98% | -639.1K | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 4.94M | $801.0M | 1.96% | +259.5K | 2026-03-31 |
| GOLDMAN SACHS GROUP INC | 4.71M | $765.0M | 1.87% | +1.81M | 2026-03-31 |