Cleanaway Can Narrow Discount to U.S. Peer Multiples

Dow Jones

Jul 16

2334 GMT - Cleanaway Waste Management's yawning discount with U.S. peers should start to narrow, says its bull at Macquarie. Cleanaway trades on an enterprise value-to-Ebit multiple of 14.2X. That is less than 21-25X for key U.S. peers, with Cleanaway weakening while comparable multiples have remained broadly resilient, Macquarie says. "This dispersion has emerged despite solid Cleanaway EPS growth from 2023," says Macquarie. "We see scope for the discount to narrow as earnings growth accelerates and stronger free cash flow improves confidence in the outlook." Its price target falls 1.5% to A$3.30/share. Still, this implies an enterprise value-to-Ebit multiple of 17X. Cleanaway ended Wednesday at A$2.34.(david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

July 15, 2026 19:34 ET (23:34 GMT)

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Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2651649483"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2651649483\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2651649483?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-16 07:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2651649483","market":"nz","top_or_hot":-1,"title":"Cleanaway Can Narrow Discount to U.S. Peer Multiples","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2334 GMT - <a href=\"https://laohu8.com/S/TSPCF\">Cleanaway Waste Management</a>'s yawning discount with U.S. peers should start to narrow, says its bull at <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>. Cleanaway trades on an enterprise value-to-Ebit multiple of 14.2X. That is less than 21-25X for key U.S. peers, with Cleanaway weakening while comparable multiples have remained broadly resilient, Macquarie says. \"This dispersion has emerged despite solid Cleanaway EPS growth from 2023,\" says Macquarie. \"We see scope for the discount to narrow as earnings growth accelerates and stronger free cash flow improves confidence in the outlook.\" Its price target falls 1.5% to A$3.30/share. Still, this implies an enterprise value-to-Ebit multiple of 17X. Cleanaway ended Wednesday at A$2.34.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2026 19:34 ET (23:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cleanaway Can Narrow Discount to U.S. Peer Multiples</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCleanaway Can Narrow Discount to U.S. Peer Multiples\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-16 07:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2334 GMT - <a href=\"https://laohu8.com/S/TSPCF\">Cleanaway Waste Management</a>'s yawning discount with U.S. peers should start to narrow, says its bull at <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>. Cleanaway trades on an enterprise value-to-Ebit multiple of 14.2X. That is less than 21-25X for key U.S. peers, with Cleanaway weakening while comparable multiples have remained broadly resilient, Macquarie says. \"This dispersion has emerged despite solid Cleanaway EPS growth from 2023,\" says Macquarie. \"We see scope for the discount to narrow as earnings growth accelerates and stronger free cash flow improves confidence in the outlook.\" Its price target falls 1.5% to A$3.30/share. Still, this implies an enterprise value-to-Ebit multiple of 17X. Cleanaway ended Wednesday at A$2.34.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2026 19:34 ET (23:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CWY.AU","symbol_name":"CLEANAWAY WASTE MANAGEMENT L","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651649483","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651649483","pubTimestamp":1784158440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2334 GMT - Cleanaway Waste Management's yawning discount with U.S. peers should start to narrow, says its bull at Macquarie. Cleanaway trades on an enterprise value-to-Ebit multiple of 14.2X. That is less than 21-25X for key U.S. peers, with Cleanaway weakening while comparable multiples have remained broadly resilient, Macquarie says. \"This dispersion has emerged despite solid Cleanaway EPS growth from 2023,\" says Macquarie. \"We see scope for the discount to narrow as earnings growth accelerates and stronger free cash flow improves confidence in the outlook.\" Its price target falls 1.5% to A$3.30/share. Still, this implies an enterprise value-to-Ebit multiple of 17X. Cleanaway ended Wednesday at A$2.34. Dow Jones NewswiresJuly 15, 2026 19:34 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CWY.AU":"CLEANAWAY WASTE MANAGEMENT L","BK7047":"环境与设施服务"},"translate_title":"Cleanaway 可以缩小对美国同行倍数的折扣","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CWY.AU":0.9},"content_text":"2334 GMT - Cleanaway Waste Management's yawning discount with U.S. peers should start to narrow, says its bull at Macquarie. Cleanaway trades on an enterprise value-to-Ebit multiple of 14.2X. That is less than 21-25X for key U.S. peers, with Cleanaway weakening while comparable multiples have remained broadly resilient, Macquarie says. \"This dispersion has emerged despite solid Cleanaway EPS growth from 2023,\" says Macquarie. \"We see scope for the discount to narrow as earnings growth accelerates and stronger free cash flow improves confidence in the outlook.\" Its price target falls 1.5% to A$3.30/share. Still, this implies an enterprise value-to-Ebit multiple of 17X. Cleanaway ended Wednesday at A$2.34.(david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2026 19:34 ET (23:34 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}