CLEANAWAY WASTE MANAGEMENT LIMITED (CWY)
Share Price Analysis and Chart

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CWY

CWY - CLEANAWAY WASTE MANAGEMENT LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 2.34
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Cleanaway Waste Management is an Australian waste management company providing collection, disposal and recycling services to businesses ranging from small to multinational organisations. It listed in 2004 as Transpacific Industries. The current name was adopted in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.36

30 Jul
2026

-0.030

OPEN

$2.39

-1.26%

HIGH

$2.40

7,480,262

LOW

$2.33

TARGET
$2.952 25.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BOL . BSA . BWN . CG1 . CLG . CVL . CXL . DOW . DUR . EGL . FLC . IPG . LBL . MAD . MPW . MYG . PPK . RWL . SDV . SHA . SND . SSM . SYL . TEA . VBC . VEE . VNT . VYS .
FNARENA'S MARKET CONSENSUS FORECASTS
CWY: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 7.0 10.1 xxx
DPS (cps) xxx 6.0 6.8 xxx
EPS Growth xxx 0.0% 44.0% xxx
DPS Growth xxx 20.0% 13.8% xxx
PE Ratio xxx N/A 23.1 xxx
Dividend Yield xxx N/A 2.9% xxx
Div Pay Ratio(%) xxx 85.3% 67.4% xxx

Dividend yield today if purchased 3 years ago: 2.17%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.56

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 11/03 - ex-div 3.35c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx7.0
DPS All xxxxxxxxxxxxxxx6.0
Sales/Revenue xxxxxxxxxxxxxxx3,788.9 M
Book Value Per Share xxxxxxxxxxxxxxx136.3
Net Operating Cash Flow xxxxxxxxxxxxxxx459.3 M
Net Profit Margin xxxxxxxxxxxxxxx4.14 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx5.20 %
Return on Invested Capital xxxxxxxxxxxxxxx3.39 %
Return on Assets xxxxxxxxxxxxxxx2.42 %
Return on Equity xxxxxxxxxxxxxxx5.20 %
Return on Total Capital xxxxxxxxxxxxxxx7.76 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx49.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx215 M
Long Term Debt xxxxxxxxxxxxxxx1,590 M
Total Debt xxxxxxxxxxxxxxx1,805 M
Goodwill - Gross xxxxxxxxxxxxxxx2,442 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx87 M
Price To Book Value xxxxxxxxxxxxxxx2.00

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx335.1 M
Capex % of Sales xxxxxxxxxxxxxxx8.84 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,270 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx147 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx91 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

08/07/2026

1

Overweight

$2.91

23.31%

The new Food Organics, Garden Organics (FOGO) waste collection rules which will apply to NSW from July 1, commencing with large businesses, including "lime green bins", is viewed as a structural tailwind for Cleanaway Waste Management.

Morgan Stanley points out the FOGO stream is around 9% of NSW municipal solid waste and Australia is targeting a -50% reduction in organic waste sent to landfill by 2030. NSW is leading the charge for FOGO separation.

FOGO can be used to compost for agriculture, thereby lowering reliance on synthetic fertilisers.

The analyst estimates 3%-plus sensitivity upside to Cleanaway's FFY27 EPS from FOGO from 10% growth in solid waste services.

Overweight rating for Cleanaway Waste Management with a target of $2.91. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 6.80 cents and EPS of 10.00 cents.
Morgan Stanley forecasts a full year FY27 dividend of 7.90 cents and EPS of 11.60 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

27/07/2026

1

Buy

$3.25

37.71%

Jarden maintains a Buy rating for Cleanaway Waste Management with its target price increased to $3.25 from $3.10 following updated FY26 underlying EBIT guidance of $470m.

The revised underlying EBIT guidance falls at the mid-point of the company's $460m to $480m target range provided in April and sits slightly above market consensus forecasts of $467m.

While the updated operational guidance largely de-risks FY26 earnings expectations, the analyst notes ongoing investor focus surrounding overall earnings quality and the utilisation of non-recurring adjustments.

Commentary highlights demonstrating sustained improvement in free cash flow generation remains a critical secondary focus area for market participants.

Rolling forward the valuation model underpins the upgraded price target.
Access Extra Coverage Research History >

CWY STOCK CHART

FNArena News on CWY

1
Australian Broker Call *Extra* Edition – Jul 27, 2026

Jul 27 2026 - Daily Market Reports
2
Rudi’s View: July’s Stock Pickers’ Favourites

Jul 09 2026 - Rudi's View
3
Rudi’s View: The August Results Test Awaits

Jul 01 2026 - Rudi's View
4
APA Group; Australia’s Safest Yield Stock

Jun 23 2026 - Australia
5
Cleanaway Eyes Margin Growth, Cash Upside

Apr 24 2026 - Australia

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