Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Séché Environnement is a leading French industrial group specializing in waste management, recycling, and environmental services. Founded in 1985 by Joël Séché, it originated from a family public works business transformed into a pioneer in non-hazardous waste storage in Changé, France, addressing the era's landfill challenges with regulated, eco-responsible solutions. The company has evolved into a global provider of comprehensive waste treatment and recovery, handling both hazardous and non-hazardous waste for industries, local authorities, and healthcare sectors across 16 countries with over 7,300 employees. Key milestones include its 1997 IPO on Euronext Paris, strategic acquisitions like Tredi in 2002, Interwaste in South Africa in 2018, and recent expansions into Italy, Peru, and Singapore. Renowned for innovations such as bromine regeneration technology and soil stabilization, Séché Environnement invests 7-10% of revenue in R&D annually. It achieved its 2025 GHG emissions target early in 2024, with over 66% of revenue classified as 'green,' underscoring its pivotal role in the circular economy and ecological transition.
Operating margin is thin at 6.61%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 5.3%, steady but not accelerating. Margins contracted 2.1pp, which offsets some of the top-line progress.
Net debt of €546M represents 4.7x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€1.25B
▲ +5.3% YoY
Net Income (TTM)
€31M
▼ -17.8% YoY
Op. Margin
6.61%
▼ -2.1pp YoY
ROIC
3.41%
▼ -1.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€116M
▼ -0.1% YoY
Op. Cash Flow (TTM)
€218M
▲ +11.5% YoY
Net Debt
€546M
Cash & Equiv.
€706M
3Y CAGR: +8.8%
3Y CAGR: +34.1%
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