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Secure Energy Services Inc.

Industrials CA SES

19.29CAD
-(-%)

Last update at 2026-03-10T20:00:00Z

Day Range

18.9719.43
LowHigh

52 Week Range

11.8321.03
LowHigh

Fundamentals

  • Previous Close 19.29
  • Market Cap3909.80M
  • Volume421334
  • P/E Ratio36.55
  • Dividend Yield2.25%
  • EBITDA426.00M
  • Revenue TTM10203.00M
  • Revenue Per Share TTM44.81
  • Gross Profit TTM 407.00M
  • Diluted EPS TTM0.49

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax 713.00M 257.00M 252.00M -273.00000M -109.84100M
Minority interest - - 0.00000M 1.00M 29.80M
Net income 582.00M 195.00M 184.00M -204.00000M -87.18700M
Selling general administrative 141.00M 61.00M 119.00M 92.00M 53.99M
Selling and marketing expenses - 75.00M - - -
Gross profit 405.00M 491.00M 493.00M -60.00000M -2.56800M
Reconciled depreciation 173.00M 203.00M 178.00M 173.00M 144.12M
Ebit 760.00M 341.00M 324.00M -210.00000M -68.53900M
Ebitda 941.00M 556.00M 551.00M -7.00000M 75.58M
Depreciation and amortization 181.00M 215.00M 227.00M 203.00M 144.12M
Non operating income net other - - - - -
Operating income 264.00M 355.00M 324.00M -210.00000M -68.53900M
Other operating expenses 10408.00M 7889.00M 7651.00M 3940.00M 1892.19M
Interest expense 47.00M 84.00M 84.00M 50.00M 24.88M
Tax provision 131.00M 62.00M 68.00M -69.00000M -22.65400M
Interest income 47.00M 76.00M 97.00M 62.00M 24.88M
Net interest income -47.00000M -84.00000M -87.00000M -53.00000M -24.87600M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 131.00M 62.00M 68.00M -69.00000M -22.65400M
Total revenue 10672.00M 8244.00M 8002.00M 3766.00M 1823.66M
Total operating expenses 141.00M 136.00M 142.00M 114.00M 65.97M
Cost of revenue 10267.00M 7753.00M 7509.00M 3826.00M 1826.22M
Total other income expense net 449.00M -98.00000M -72.00000M -63.00000M -41.30200M
Discontinued operations - - - - -
Net income from continuing ops 582.00M 195.00M 184.00M -204.00000M -87.18700M
Net income applicable to common shares 582.00M 195.00M 184.00M -203.00000M -85.20900M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 2281.00M 2844.00M 2840.00M 2937.00M 1424.58M
Intangible assets 87.00M 68.00M 163.00M 180.00M 17.99M
Earning assets - - - - -
Other current assets 15.00M 14.00M 15.00M 11.00M 8.84M
Total liab 1239.00M 1658.00M 1574.00M 1831.00M 711.08M
Total stockholder equity 1042.00M 1186.00M 1266.00M 1106.00M 683.70M
Deferred long term liab - - - - -
Other current liab 3.00M 53.00M 27.00M 27.00M 3.29M
Common stock - 1517.00M 1676.00M 1670.00M 1038.40M
Capital stock 863.00M 1517.00M 1676.00M 1670.00M 1038.40M
Retained earnings 71.00M -412.00000M -490.00000M -636.00000M -429.17200M
Other liab - - 112.00M 209.00M 129.53M
Good will 204.00M 199.00M 351.00M 349.00M 11.13M
Other assets - -1.00000M 166.00M 225.00M 0.00000M
Cash 26.00M 12.00M 12.00M 10.00M 6.78M
Cash and equivalents - - - - -
Total current liabilities 681.00M 472.00M 459.00M 333.00M 157.40M
Current deferred revenue - 18.00M - - -
Net debt 313.00M 1090.00M 1019.00M 1306.00M 427.59M
Short term debt - 27.00M 28.00M 27.00M 10.23M
Short long term debt - - - - -
Short long term debt total - 1102.00M 1031.00M 1316.00M 434.38M
Other stockholder equity - 54.00M 50.00M 48.00M 50.54M
Property plant equipment - - 1584.00M 1717.00M 1187.76M
Total current assets 688.00M 1190.00M 576.00M 466.00M 207.70M
Long term investments - - - - -
Net tangible assets - - 752.00M 577.00M 654.58M
Short term investments - - - - -
Net receivables 504.00M 357.00M 449.00M 345.00M 143.89M
Long term debt 339.00M 966.00M 919.00M 1207.00M 399.07M
Inventory 143.00M 144.00M 100.00M 100.00M 48.19M
Accounts payable 553.00M 374.00M 404.00M 279.00M 143.87M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - 27.00M 30.00M 24.00M 23.93M
Additional paid in capital - - - - -
Common stock total equity - - - - 1038.40M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 41.00M 27.00M 16.00M 8.00M -
Deferred long term asset charges - - - - -
Non current assets total 1593.00M 1655.00M 2264.00M 2471.00M 1216.88M
Capital lease obligations 115.00M 136.00M 112.00M 109.00M 35.31M
Long term debt total - - 1003.00M 1289.00M 424.14M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments 954.00M -155.00000M -58.00000M -43.00000M -60.06000M
Change to liabilities - - 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities 954.00M -155.00000M -58.00000M -43.00000M -58.54000M
Net borrowings -671.00000M 23.00M -331.00000M 5.00M -71.44500M
Total cash from financing activities -1435.00000M -272.00000M -346.00000M -26.00000M -89.32400M
Change to operating activities - - 8.00M -102.00000M 43.68M
Net income 582.00M 195.00M 184.00M -204.00000M -87.18700M
Change in cash 14.00M 0.00000M 2.00M 3.00M -2.07300M
Begin period cash flow 12.00M 12.00M 10.00M 7.00M 8.85M
End period cash flow 26.00M 12.00M 12.00M 10.00M 6.78M
Total cash from operating activities 497.00M 430.00M 411.00M 74.00M 148.72M
Issuance of capital stock - - - - -
Depreciation 181.00M 215.00M 178.00M 173.00M 176.79M
Other cashflows from investing activities -17.00000M 48.00M 38.00M -18.00000M 8.62M
Dividends paid -104.00000M -117.00000M 38.00M 7.00M 17.34M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -657.00000M -163.00000M -6.00000M 0.00000M -1.53100M
Other cashflows from financing activities -22.00000M -36.00000M 29.00M 261.00M -53.86400M
Change to netincome - - 28.00M 196.00M 45.05M
Capital expenditures 134.00M 203.00M 96.00M 43.00M 71.34M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 86.00M -44.00000M 8.00M -102.00000M 43.68M
Stock based compensation 34.00M 26.00M 19.00M 13.00M 10.39M
Other non cash items -455.00000M 4.00M -46.00000M 263.00M 204.49M
Free cash flow 363.00M 227.00M 315.00M 31.00M 77.38M

Peer Comparison

Sector: Industrials Industry: Waste Management

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SES
Secure Energy Services Inc.
- -% 19.29 36.55 20.00 0.38 5.00 0.48 13.02
WAST
Waste Management CDR (CAD Hedged)
-0.99 4.21% 22.54 - - - -
WCN
Waste Connections Inc
-8.46 3.63% 224.85 68.88 21.37 6.37 5.33 5.54 21.97
GFL
Gfl Environmental Holdings Inc
-2.06 3.37% 59.10 241.00 51.02 2.54 2.66 3.47 15.14
ANRG
Anaergia Inc
0.03 1.35% 2.25 - 144.93 2.57 1.32 2.88 -97.1344

Reports Covered

Stock Research & News

Profile

SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through Waste Management and Energy Infrastructure segments. The Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer stations, metal recycling facilities, and specialty chemicals. This segment also provides collecting, processing, recovery, recycling and disposal of waste streams; and produced and waste water disposal, hazardous and non-hazardous waste collecting, processing and transfer, treatment of crude oil emulsions, metal recycling, drilling waste management, and specialty chemicals. The Energy Infrastructure segment includes a network of crude oil gathering pipelines, terminals and storage facilities. This segment also engages in the transportation, optimization, terminalling, and storage of crude oil. The company was formerly known as Secure Energy Services Inc. and changed its name to SECURE Waste Infrastructure Corp. in January 2025. SECURE Waste Infrastructure Corp. was founded in 2007 and is headquartered in Calgary, Canada.

Secure Energy Services Inc.

Brookfield Place, Calgary, AB, Canada, T2P 1N2

Key Executives

Name Title Year Born
Mr. Rene E. Amirault CGA Pres, CEO & Director 1961
Mr. Allen Peter Gransch Pres NA
Mr. Chad William Magus CA Chief Financial Officer NA
Mr. Corey Ray Higham P.Geo. Chief Operating Officer NA
Mr. David Glenn Engel Sr. VP of Landfill Solutions NA
Anil Aggarwala VP of Treasury & Investor Relations NA
Mr. Michael Callihoo Corp. Sec. & Gen. Counsel NA
Mr. Michael Parnetta VP of People & Culture NA
Mr. David William Mattinson P. Eng. Sr. VP of Environmental Solutions NA
Mr. Mike Mikuska Sr. VP of Commercial & Transportation 1969

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