Bingo vs Cleanaway Which Is More Profitable?

Bingo Industries Limited and Cleanaway Waste Management Limited are two prominent players in the waste management industry in Australia. Both companies offer a range of services such as waste collection, recycling, and disposal. Bingo has a strong focus on recycling and sustainability, while Cleanaway is a larger, more diversified player with operations across the country. Investors looking to invest in the waste management sector may consider comparing the financial performance and growth prospects of these two companies.

Bingo or Cleanaway?

When comparing Bingo and Cleanaway, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Bingo and Cleanaway.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Bingo has a dividend yield of -%, while Cleanaway has a dividend yield of 5.51%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Bingo reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Cleanaway reports a 5-year dividend growth of -1.92% year and a payout ratio of 106.23%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Bingo P/E ratio at -15.74 and Cleanaway's P/E ratio at 19.29. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Bingo P/B ratio is -16.40 while Cleanaway's P/B ratio is 3.25.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Bingo has seen a 5-year revenue growth of -0.83%, while Cleanaway's is 0.25%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Bingo's ROE at 149.31% and Cleanaway's ROE at 16.76%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are HK$1.96 for Bingo and NT$181.00 for Cleanaway. Over the past year, Bingo's prices ranged from HK$0.32 to HK$3.08, with a yearly change of 877.78%. Cleanaway's prices fluctuated between NT$175.00 and NT$198.00, with a yearly change of 13.14%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.