Republic Services (RSG) Stock May Be 26% Undervalued On Cash Flow

Republic Services has delivered a strong long run for shareholders, and the question now is whether the current US$219.75 share price is adequately supported by the cash the business can generate over time. Over the past 5 years, Republic Services has returned 83.6%, which puts real weight on whether that share price performance lines up with the cash that can flow back to investors. The company’s recurring waste collection and disposal model can support relatively steady cash generation,...