Indústrias
Environmental Services
Todas as análises de Environmental Services — 4 análises.
42/100
69Buffett
Weiming Environment: Waste-to-Energy Still Earns a 62.4% Gross Margin, but a 5.8% Nickel Margin and a Convertible Put Line CNY 0.046 Away Leave CNY 13.36 Without a Conservative Safety Margin
Zhejiang Weiming Environment Protection is a Chinese waste-to-energy concession operator and equipment maker whose mature domestic cash flows are now funding higher-risk nickel and Indonesian WtE expansion; in H1 2026 project operations still earned a 62.4% gross margin and supplied roughly four-fifths of segment gross profit. H1 attributable profit fell 34.8% to CNY 929.5m even as reported waste and on-grid electricity volumes rose, mostly because construction and equipment work fell away, while new materials earned only a 5.8% gross margin as inventory rose 64.3% to CNY 765m, and the CNY 13.36 share price sits just CNY 0.046 above the CNY 13.314 conditional-put threshold on the CNY 1.48bn Wei 22 convertible. Rating Hold: at about 15.9 times trailing earnings the stock sits inside the CNY 12.2–16.6 acceptable hold range around a CNY 14.40 base value but above the CNY 10.95 conservative value, leaving no conservative margin of safety; the ideal buy price is CNY 8.0–8.8.
47/100
89Buffett
Veralto Corporation Deep Value Investment Research
Veralto is a high-margin water quality and product identification platform spun out of Danaher, with 2025 revenue of $5.503 billion and recurring revenue of roughly 61%. The core thesis is that it is a high-quality compounder with strong cash generation, but at about 39.1 times earnings and a current price of 92.28, the margin of safety is thin against an 85-100 fair value band and an ideal buy range of $70-80. Research Rating Watch: a good business at an ordinary price, worth tracking rather than chasing.
45/100
67Buffett
Republic Services: An In-Depth Value Study
North America's second-largest integrated environmental services provider, with 2025 revenue of $16.59 billion and an adjusted EBITDA margin of 32.0%. Its economic moat rests on hard-to-replicate landfill permits, route density, and terminal-disposal internalization rather than trucks. At roughly $208.93 the stock already sits above the conservative upper bound, with an ideal buy range of $160–180, so the rating is Watch.
44/100
72Buffett
WM: A Long-Term Owner's Perspective
North America's largest solid-waste disposal network (257 landfills, 38-year weighted average remaining life) plus Stericycle medical waste; steady cash flow with 23 consecutive years of dividend increases; at roughly $217.9 the stock sits near the top of its neutral intrinsic-value range with no discount and no clear margin of safety, warranting a Watch rating.