Intrinsic value of Advanced Disposal Services - ADSW

Previous Close

$27.34

  Intrinsic Value

$13.07

stock screener

  Rating & Target

str. sell

-52%

Previous close

$27.34

 
Intrinsic value

$13.07

 
Up/down potential

-52%

 
Rating

str. sell

We calculate the intrinsic value of ADSW stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.4

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  3.90
  4.01
  4.11
  4.20
  4.28
  4.35
  4.42
  4.47
  4.53
  4.57
  4.62
  4.65
  4.69
  4.72
  4.75
  4.77
  4.80
  4.82
  4.83
  4.85
  4.87
  4.88
  4.89
  4.90
  4.91
  4.92
  4.93
  4.94
  4.94
  4.95
Revenue, $m
  1,566
  1,629
  1,696
  1,767
  1,843
  1,923
  2,008
  2,098
  2,193
  2,293
  2,399
  2,511
  2,628
  2,753
  2,883
  3,021
  3,166
  3,318
  3,479
  3,647
  3,825
  4,012
  4,208
  4,414
  4,631
  4,859
  5,098
  5,350
  5,614
  5,892
Variable operating expenses, $m
  1,413
  1,464
  1,518
  1,575
  1,636
  1,701
  1,770
  1,842
  1,919
  2,000
  1,935
  2,025
  2,120
  2,220
  2,326
  2,437
  2,554
  2,677
  2,806
  2,942
  3,086
  3,236
  3,394
  3,561
  3,736
  3,920
  4,113
  4,316
  4,529
  4,753
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  1,413
  1,464
  1,518
  1,575
  1,636
  1,701
  1,770
  1,842
  1,919
  2,000
  1,935
  2,025
  2,120
  2,220
  2,326
  2,437
  2,554
  2,677
  2,806
  2,942
  3,086
  3,236
  3,394
  3,561
  3,736
  3,920
  4,113
  4,316
  4,529
  4,753
Operating income, $m
  153
  165
  178
  192
  207
  222
  238
  256
  274
  294
  464
  485
  508
  532
  557
  584
  612
  641
  672
  705
  739
  775
  813
  853
  895
  939
  985
  1,034
  1,085
  1,139
EBITDA, $m
  517
  537
  559
  583
  608
  634
  662
  692
  723
  756
  791
  828
  867
  908
  951
  996
  1,044
  1,094
  1,147
  1,203
  1,262
  1,323
  1,388
  1,456
  1,527
  1,602
  1,681
  1,764
  1,852
  1,943
Interest expense (income), $m
  119
  106
  111
  117
  123
  130
  137
  144
  152
  161
  170
  179
  189
  199
  210
  222
  234
  247
  260
  275
  290
  305
  322
  339
  358
  377
  397
  419
  441
  464
  489
Earnings before tax, $m
  47
  54
  61
  69
  77
  85
  94
  103
  113
  124
  285
  296
  309
  322
  335
  350
  365
  381
  398
  415
  434
  453
  474
  495
  518
  542
  567
  593
  621
  650
Tax expense, $m
  13
  15
  17
  19
  21
  23
  25
  28
  31
  33
  77
  80
  83
  87
  91
  94
  99
  103
  107
  112
  117
  122
  128
  134
  140
  146
  153
  160
  168
  175
Net income, $m
  35
  39
  45
  50
  56
  62
  69
  76
  83
  90
  208
  216
  225
  235
  245
  255
  266
  278
  290
  303
  317
  331
  346
  362
  378
  396
  414
  433
  453
  474

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,626
  3,771
  3,926
  4,091
  4,266
  4,452
  4,648
  4,856
  5,076
  5,308
  5,553
  5,812
  6,084
  6,372
  6,674
  6,993
  7,328
  7,681
  8,052
  8,443
  8,854
  9,286
  9,740
  10,218
  10,720
  11,247
  11,801
  12,384
  12,996
  13,639
Adjusted assets (=assets-cash), $m
  3,626
  3,771
  3,926
  4,091
  4,266
  4,452
  4,648
  4,856
  5,076
  5,308
  5,553
  5,812
  6,084
  6,372
  6,674
  6,993
  7,328
  7,681
  8,052
  8,443
  8,854
  9,286
  9,740
  10,218
  10,720
  11,247
  11,801
  12,384
  12,996
  13,639
Revenue / Adjusted assets
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
  0.432
Average production assets, $m
  2,523
  2,625
  2,733
  2,847
  2,969
  3,098
  3,235
  3,380
  3,533
  3,694
  3,865
  4,045
  4,234
  4,434
  4,645
  4,867
  5,100
  5,346
  5,604
  5,876
  6,162
  6,463
  6,779
  7,111
  7,460
  7,827
  8,213
  8,619
  9,045
  9,492
Working capital, $m
  -60
  -62
  -64
  -67
  -70
  -73
  -76
  -80
  -83
  -87
  -91
  -95
  -100
  -105
  -110
  -115
  -120
  -126
  -132
  -139
  -145
  -152
  -160
  -168
  -176
  -185
  -194
  -203
  -213
  -224
Total debt, $m
  2,058
  2,167
  2,283
  2,406
  2,536
  2,675
  2,822
  2,977
  3,141
  3,315
  3,498
  3,691
  3,895
  4,109
  4,335
  4,573
  4,824
  5,087
  5,365
  5,657
  5,963
  6,286
  6,625
  6,982
  7,357
  7,751
  8,165
  8,600
  9,058
  9,538
Total liabilities, $m
  2,709
  2,817
  2,933
  3,056
  3,187
  3,325
  3,472
  3,628
  3,792
  3,965
  4,148
  4,341
  4,545
  4,760
  4,986
  5,224
  5,474
  5,738
  6,015
  6,307
  6,614
  6,937
  7,276
  7,633
  8,008
  8,402
  8,816
  9,251
  9,708
  10,188
Total equity, $m
  917
  954
  993
  1,035
  1,079
  1,126
  1,176
  1,229
  1,284
  1,343
  1,405
  1,470
  1,539
  1,612
  1,689
  1,769
  1,854
  1,943
  2,037
  2,136
  2,240
  2,349
  2,464
  2,585
  2,712
  2,846
  2,986
  3,133
  3,288
  3,451
Total liabilities and equity, $m
  3,626
  3,771
  3,926
  4,091
  4,266
  4,451
  4,648
  4,857
  5,076
  5,308
  5,553
  5,811
  6,084
  6,372
  6,675
  6,993
  7,328
  7,681
  8,052
  8,443
  8,854
  9,286
  9,740
  10,218
  10,720
  11,248
  11,802
  12,384
  12,996
  13,639
Debt-to-equity ratio
  2.240
  2.270
  2.300
  2.320
  2.350
  2.380
  2.400
  2.420
  2.450
  2.470
  2.490
  2.510
  2.530
  2.550
  2.570
  2.580
  2.600
  2.620
  2.630
  2.650
  2.660
  2.680
  2.690
  2.700
  2.710
  2.720
  2.730
  2.740
  2.750
  2.760
Adjusted equity ratio
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253
  0.253

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  35
  39
  45
  50
  56
  62
  69
  76
  83
  90
  208
  216
  225
  235
  245
  255
  266
  278
  290
  303
  317
  331
  346
  362
  378
  396
  414
  433
  453
  474
Depreciation, amort., depletion, $m
  364
  372
  381
  391
  401
  412
  424
  436
  449
  463
  328
  343
  359
  376
  394
  412
  432
  453
  475
  498
  522
  548
  574
  603
  632
  663
  696
  730
  766
  804
Funds from operations, $m
  398
  412
  426
  441
  457
  474
  492
  512
  532
  553
  535
  559
  584
  611
  638
  668
  699
  731
  765
  801
  839
  879
  920
  964
  1,010
  1,059
  1,110
  1,163
  1,220
  1,279
Change in working capital, $m
  -2
  -2
  -3
  -3
  -3
  -3
  -3
  -3
  -4
  -4
  -4
  -4
  -4
  -5
  -5
  -5
  -6
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
  -9
  -9
  -10
  -10
  -11
Cash from operations, $m
  400
  414
  428
  444
  460
  477
  496
  515
  535
  557
  539
  563
  589
  615
  643
  673
  704
  737
  771
  808
  846
  886
  928
  972
  1,019
  1,068
  1,119
  1,173
  1,230
  1,289
Maintenance CAPEX, $m
  -206
  -214
  -222
  -232
  -241
  -252
  -263
  -274
  -286
  -299
  -313
  -328
  -343
  -359
  -376
  -394
  -412
  -432
  -453
  -475
  -498
  -522
  -548
  -574
  -603
  -632
  -663
  -696
  -730
  -766
New CAPEX, $m
  -94
  -101
  -108
  -115
  -122
  -129
  -137
  -145
  -153
  -162
  -171
  -180
  -190
  -200
  -211
  -222
  -233
  -246
  -258
  -272
  -286
  -301
  -316
  -332
  -349
  -367
  -386
  -405
  -426
  -448
Cash from investing activities, $m
  -300
  -315
  -330
  -347
  -363
  -381
  -400
  -419
  -439
  -461
  -484
  -508
  -533
  -559
  -587
  -616
  -645
  -678
  -711
  -747
  -784
  -823
  -864
  -906
  -952
  -999
  -1,049
  -1,101
  -1,156
  -1,214
Free cash flow, $m
  101
  99
  98
  98
  97
  97
  96
  96
  96
  96
  56
  56
  56
  57
  57
  58
  58
  59
  60
  61
  62
  63
  64
  65
  67
  68
  70
  72
  73
  75
Issuance/(repayment) of debt, $m
  100
  109
  116
  123
  131
  139
  147
  155
  164
  173
  183
  193
  204
  215
  226
  238
  251
  264
  277
  292
  307
  323
  339
  357
  375
  394
  414
  435
  457
  480
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  100
  109
  116
  123
  131
  139
  147
  155
  164
  173
  183
  193
  204
  215
  226
  238
  251
  264
  277
  292
  307
  323
  339
  357
  375
  394
  414
  435
  457
  480
Total cash flow (excl. dividends), $m
  201
  208
  214
  221
  228
  235
  243
  251
  260
  270
  239
  249
  260
  271
  283
  296
  309
  323
  337
  353
  369
  386
  403
  422
  442
  462
  484
  507
  531
  556
Retained Cash Flow (-), $m
  -33
  -37
  -39
  -42
  -44
  -47
  -50
  -53
  -56
  -59
  -62
  -65
  -69
  -73
  -77
  -81
  -85
  -89
  -94
  -99
  -104
  -109
  -115
  -121
  -127
  -133
  -140
  -147
  -155
  -163
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  168
  171
  175
  179
  183
  188
  193
  199
  205
  211
  177
  184
  191
  199
  207
  215
  224
  233
  243
  254
  265
  276
  288
  301
  315
  329
  344
  359
  376
  393
Discount rate, %
  9.80
  10.29
  10.80
  11.34
  11.91
  12.51
  13.13
  13.79
  14.48
  15.20
  15.96
  16.76
  17.60
  18.48
  19.40
  20.37
  21.39
  22.46
  23.58
  24.76
  26.00
  27.30
  28.67
  30.10
  31.61
  33.19
  34.85
  36.59
  38.42
  40.34
PV of cash for distribution, $m
  153
  140
  128
  116
  105
  93
  82
  71
  61
  51
  35
  29
  23
  18
  14
  11
  8
  6
  4
  3
  2
  1
  1
  1
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Advanced Disposal Services, Inc. is an integrated provider of non-hazardous solid waste collection, transfer, recycling and disposal services operating primarily in secondary markets or under exclusive arrangements. The Company's segments include South, East, Midwest and Corporate. As of December 31, 2016, the Company had its presence in 16 states across the Midwest, South and East regions of the United States, as well as in the Commonwealth of the Bahamas, served approximately 2.7 million residential customers and over 200,000 commercial and industrial (C&I) customers through its network of 90 collection operations, 72 transfer stations, 21 owned or operated recycling facilities and 39 owned or operated active landfills. The Company's vertically integrated environmental services operations can be classified into three lines of business: collection services, disposal services and recycling services. The disposal services include transfer stations and landfills.

FINANCIAL RATIOS  of  Advanced Disposal Services (ADSW)

Valuation Ratios
P/E Ratio -80.2
Price to Sales 1.7
Price to Book 2.9
Price to Tangible Book
Price to Cash Flow 10.2
Price to Free Cash Flow 36.5
Growth Rates
Sales Growth Rate 0.6%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -5%
Cap. Spend. - 3 Yr. Gr. Rate 1.6%
Financial Strength
Quick Ratio 0
Current Ratio 0
LT Debt to Equity 227.3%
Total Debt to Equity 231.8%
Interest Coverage 1
Management Effectiveness
Return On Assets 1%
Ret/ On Assets - 3 Yr. Avg. 0.8%
Return On Total Capital -1.1%
Ret/ On T. Cap. - 3 Yr. Avg. -1%
Return On Equity -4.5%
Return On Equity - 3 Yr. Avg. -4.8%
Asset Turnover 0.4
Profitability Ratios
Gross Margin 0%
Gross Margin - 3 Yr. Avg. 0%
EBITDA Margin 22.1%
EBITDA Margin - 3 Yr. Avg. 22%
Operating Margin 4.8%
Oper. Margin - 3 Yr. Avg. 5.5%
Pre-Tax Margin -4%
Pre-Tax Margin - 3 Yr. Avg. -4.9%
Net Profit Margin -2.1%
Net Profit Margin - 3 Yr. Avg. -1.9%
Effective Tax Rate 46.4%
Eff/ Tax Rate - 3 Yr. Avg. 55%
Payout Ratio 0%

ADSW stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the ADSW stock intrinsic value calculation we used $1507.6 million for the last fiscal year's total revenue generated by Advanced Disposal Services. The default revenue input number comes from 0001 income statement of Advanced Disposal Services. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our ADSW stock valuation model: a) initial revenue growth rate of 3.9% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 9.8%, whose default value for ADSW is calculated based on our internal credit rating of Advanced Disposal Services, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Advanced Disposal Services.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of ADSW stock the variable cost ratio is equal to 90.6%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for ADSW stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Advanced Disposal Services.

Corporate tax rate of 27% is the nominal tax rate for Advanced Disposal Services. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the ADSW stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for ADSW are equal to 161.1%.

Life of production assets of 11.8 years is the average useful life of capital assets used in Advanced Disposal Services operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for ADSW is equal to -3.8%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $884.6 million for Advanced Disposal Services - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 88.587 million for Advanced Disposal Services is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Advanced Disposal Services at the current share price and the inputted number of shares is $2.4 billion.

RELATED COMPANIES Price Int.Val. Rating
WM Waste Manageme 91.42 53.59  sell
RSG Republic Servi 74.65 56.76  sell
CWST Casella Waste 31.58 3.09  str.sell
PESI Perma-Fix Envi 4.60 0.39  str.sell

COMPANY NEWS

▶ Advanced Disposal Services: 2Q Earnings Snapshot   [Aug-01-18 06:06PM  Associated Press]
▶ Top Ranked Momentum Stocks to Buy for July 9th   [Jul-09-18 09:40AM  Zacks]
▶ Top Ranked Momentum Stocks to Buy for July 6th   [Jul-06-18 09:49AM  Zacks]
▶ Advanced Disposal Services: 1Q Earnings Snapshot   [May-03-18 05:03AM  Associated Press]
▶ Advanced Disposal Announces First Quarter Results   [May-02-18 05:07PM  PR Newswire]
▶ Warren Equity Announces Acquisition of Meridian Waste   [Apr-23-18 02:07PM  GlobeNewswire]
▶ Two Trash Stocks That Aren't Garbage   [Mar-21-18 01:55PM  Barrons.com]
▶ Gabelli & Companys Annual Waste Conference   [12:58PM  Business Wire]
▶ Gabelli & Companys Annual Waste Conference   [Mar-07-18 07:30AM  Business Wire]
▶ Advanced Disposal Services, Inc. to Host Earnings Call   [Feb-23-18 07:45AM  ACCESSWIRE]
▶ Advanced Disposal Services posts 4Q profit   [05:00AM  Associated Press]
▶ Advanced Disposal Announces Fourth Quarter Results   [Feb-22-18 04:34PM  PR Newswire]
▶ Advanced Disposal Services, Inc. to Host Earnings Call   [Nov-02-17 07:50AM  ACCESSWIRE]
▶ Advanced Disposal Services posts 3Q profit   [05:46AM  Associated Press]
▶ Advanced Disposal Announces Third Quarter Results   [Nov-01-17 05:30PM  PR Newswire]
▶ Advanced Disposal Services posts 2Q loss   [Aug-04-17 01:08AM  Associated Press]
▶ Advanced Disposal Announces Second Quarter Results   [Aug-02-17 04:18PM  PR Newswire]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.