Progressive Waste Solutions

Thesis

Progressive Waste Solutions is expected to generate $1 billion in free cash flow over the next three years, which is significant compared to its current market cap of $3.4 billion. The company has opportunities for accretive tuck-in acquisitions and is projected to improve its EBITDA margins closer to its peers, justifying a target price of $46 based on a 13.8x forward multiple of EBITDA-CapEx.

Did it work?

Not yet analyzed

No outcome has been scored for this pitch yet, so there's no verdict to show.