Covanta Holding Stock

Covanta Holding P/S 2024

Covanta Holding P/S

1.25

Ticker

CVA

ISIN

US22282E1029

WKN

A0F60S

As of Sep 22, 2024, Covanta Holding's P/S ratio stood at 1.25, a 0% change from the 0 P/S ratio recorded in the previous year.

The Covanta Holding P/S history

Covanta Holding Aktienanalyse

What does Covanta Holding do?

Covanta Holding Corp is a leading company in the waste management and energy generation industry. The company was founded in 1939 and is headquartered in Morristown, New Jersey. The history of Covanta Holding Corp began with the founding of the Ogden Corporation. In the 1980s, Ogden started developing waste incineration facilities to handle the growing amount of waste in the United States. In 1992, the company was acquired by Covanta Energy Corporation and in 1997, Covanta Energy was listed on the New York Stock Exchange. Today, Covanta Holding Corp is a leading provider of waste management and energy generation services in North America and Europe. The company operates and owns a variety of waste incineration facilities, landfills, and recycling plants. Covanta's business model is to convert waste into energy. The company's waste incineration facilities can convert millions of tons of waste into electricity and steam annually. This is an environmentally friendly alternative to landfilling waste, as it reduces waste while generating green energy. Covanta also invests in recycling facilities to reduce the waste stream and create new products. Covanta operates in three main business segments: waste management, energy generation, and services. The waste management segment includes waste collection, transportation, and disposal. The energy generation segment focuses on generating electricity and steam from waste and biomass. In the services segment, Covanta provides technical and operational services to waste and energy companies, as well as government agencies. Covanta offers a variety of products and services, including waste disposal, recycling services, landfill operation and management, energy generation and sales, transportation and logistics, as well as technical and operational services. Customized solutions are also available to meet customers' specific needs. Covanta Holding Corp has a strong environmental record and is highly committed to sustainability. The company has set goals to reduce carbon emissions and landfilling and continuously works on improving its environmental performance. Additionally, Covanta supports a variety of initiatives to promote recycling and other environmentally friendly practices. Overall, Covanta is an innovative and environmentally conscious company that plays a significant role in the waste and energy industry. By converting waste into energy, Covanta contributes to reducing landfilling, generating green energy, and promoting a more sustainable future. Covanta Holding ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Covanta Holding's P/S Ratio

Covanta Holding's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Covanta Holding's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Covanta Holding's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Covanta Holding’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Covanta Holding stock

What is the price-to-earnings ratio of Covanta Holding?

The price-earnings ratio of Covanta Holding is currently 1.25.

How has the price-earnings ratio of Covanta Holding changed compared to last year?

The price-to-earnings ratio of Covanta Holding has increased by 0% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Covanta Holding high compared to other companies?

Yes, the price-to-earnings ratio of Covanta Holding is high compared to other companies.

How does an increase in the price-earnings ratio of Covanta Holding affect the company?

An increase in the price-earnings ratio of Covanta Holding would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Covanta Holding affect the company?

A decrease in the price-earnings ratio of Covanta Holding would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Covanta Holding?

Some factors that influence the price-earnings ratio of Covanta Holding are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Covanta Holding pay?

Over the past 12 months, Covanta Holding paid a dividend of 0.49 USD . This corresponds to a dividend yield of about 2.42 %. For the coming 12 months, Covanta Holding is expected to pay a dividend of 5.8 USD.

What is the dividend yield of Covanta Holding?

The current dividend yield of Covanta Holding is 2.42 %.

When does Covanta Holding pay dividends?

Covanta Holding pays a quarterly dividend. This is distributed in the months of January, April, July, November.

How secure is the dividend of Covanta Holding?

Covanta Holding paid dividends every year for the past 16 years.

What is the dividend of Covanta Holding?

For the upcoming 12 months, dividends amounting to 5.8 USD are expected. This corresponds to a dividend yield of 28.63 %.

In which sector is Covanta Holding located?

Covanta Holding is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Covanta Holding kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Covanta Holding from 10/15/2021 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 10/6/2021.

When did Covanta Holding pay the last dividend?

The last dividend was paid out on 10/15/2021.

What was the dividend of Covanta Holding in the year 2023?

In the year 2023, Covanta Holding distributed 2.203 USD as dividends.

In which currency does Covanta Holding pay out the dividend?

The dividends of Covanta Holding are distributed in USD.

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Andere Kennzahlen von Covanta Holding

Our stock analysis for Covanta Holding Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Covanta Holding Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.