Casella Waste Systems Inc (CWST) is overvalued and Onterris Inc (ONT) is overvalued.
Both trade above our estimate of their intrinsic value. ONT is the closer of the two: -61%, against -980% for CWST.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.4% (average of 2 methods) values the shares at $7.94; the price of $85.76 is 980% above that value, and 79% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
Discounting its cash flows at 8.6% (average of 2 methods) values the shares at $10.52; the price of $16.94 is 61% above that value, and 78% of that value comes from beyond year five.
Leak Score 20/100 on 7 of 12 signals
| Metric | CWST | ONT |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $85.76 | $16.94 |
| Intrinsic value | $7.94 | $10.52 |
| Margin of safety | -980% | -61% |
| Leak Score | 0/100 (3/12) | 20/100 (7/12) |
| Market cap | $5.5B | $595M |
| Revenue growth, 5 years | 18.9% | 20.4% |
| Operating margin | 4.8% | 1.1% |
| Net margin | 0.3% | -1.4% |
| Return on equity | 0.4% | -2.4% |
| Debt to equity | 0.91 | 0.97 |
| P/E | 958.2x | — |
| Forward P/E | 53.3x | 82.2x |
| P/B | 3.5x | 1.4x |