CECO Environmental Corp. (CECO) vs PureCycle Technologies, Inc. (PCT)

CECO Environmental Corp. and PureCycle Technologies, Inc. are both Pollution & Treatment Controls companies. CECO Environmental Corp. is the larger, with a market value of $4.1B against $998.5M — 4.1× the size. CECO Environmental Corp. has the higher net margin (−3.39% vs −1,775.6%) and the higher return on invested capital (−0.12% vs −19.3%). Across the 17 metrics below, CECO Environmental Corp. leads on 15 and PureCycle Technologies, Inc. on 2.

Valuation

Metric CECO PCT Pollution & Treatment Controls median
P/E n/m n/m —
P/S 3.52 67.20 3.64
P/B 1.53 59.66 2.08
Price to free cash flow n/m n/m —
EV/EBITDA 126.99 n/m 17.68
EV/Sales 4.26 85.91 4.26
Earnings yield (0.93%) (26.69%) (18.01%)
Free cash flow yield (0.32%) (22.95%) (5.86%)

Profitability

Metric CECO PCT Pollution & Treatment Controls median
Gross margin 32.15% (782.77%) 34.73%
Operating margin (0.60%) (1,316.81%) (29.01%)
Net margin (3.39%) (1,775.62%) (31.94%)
Free cash flow margin (1.13%) (1,542.05%) (12.20%)
Return on equity (2.57%) (427.37%) (38.24%)
Return on assets (1.33%) (23.90%) (26.06%)
Return on invested capital (0.12%) (19.25%) 0.00%

Growth

Metric CECO PCT Pollution & Treatment Controls median
Revenue growth (TTM) 37.64% — 9.79%
EPS growth (last fiscal year) 280.56% 30.86% —
Revenue growth, 5-year CAGR 19.63% — 8.56%
Net income growth, 5-year CAGR 43.55% 0.00% 0.00%

Health

Metric CECO PCT Pollution & Treatment Controls median
Debt to equity 0.35 1.47 0.03
Current ratio 1.50 2.60 1.90
Net debt to EBITDA 1.36 (1.70) 0.30

Dividend

Metric CECO PCT Pollution & Treatment Controls median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric CECO PCT Pollution & Treatment Controls median
Market cap 4.10b 998.50m 48.08m

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