US Ecology, Inc.
Heritage-Crystal Clean (NASDAQ: HCCI) may have a strong balance sheet, but its low ROA and the lack of a dividend do not justify a premium valuation of 30 times forward P/E. Clean Harbors (NYSE: CLHNYSE: CLH)), which owns Heritage-Crystal Clean’s key competitor Safety-Kleen, is cheaper with almost twice the ROA, but comes with higher financial risk in terms of leverage.
Headquartered in Elgin, Illinois, Heritage-Crystal Clean provides parts cleaning more »
Clean Harbors (NYSE: CLH) cleans things up. The company is one of the larger environmental service companies in North America providing maintenance of industrial plants, expertise in handling environmental disasters, waste disposal and hazardous waste. The company also has a strong presence in energy on both the exploration and production sides. Clean Harbors was founded in 1980 by Alan McCoy who is still the CEO today.
In the 1970s and more »
US Ecology (NASDAQ: ECOL) cleans up the garbage that good things bring to life. The company handles and disposes of hazardous waste. So when General Electric (NYSE: GE) was unable to forestall the EPA any longer on the PCB cleanup of the Hudson River, US Ecology was a beneficiary. ECOL has been handling hundreds of thousands of tons of PCB contaminated sludge from the river bottom at its Idaho waste more »