CECO Environmental Corp. (CECO) Fair Value & Analysis

Industrials · US · Market cap $4.9B · ISIN US1251411013

What is CECO Environmental Corp. really worth?

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

What matters now

• The price sits above even our optimistic bull case ($20.23). The favourable scenario is already priced in.
• The model range is unusually wide ($6.11 to $20.23). The outcome hinges heavily on assumptions, so read the point estimate with caution.
• Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 17, 2026.

How to read this chart

60‑month range $4.25 – $99.67 · fair‑value band $6.11 – $20.23 · the $74.35 price screens above the $15.19 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 17, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

CECO Environmental Corp. (CECO) currently trades at $74.35, while our model-based Fair Value estimate is $15.19, implying the stock looks roughly 389.5% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of $28.98 per share, and 0 of the 17 models we run sit above the $74.35 price. Bear case: the Economic Profit group reads lowest at $1.62, and 17 of the 17 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, CECO Environmental Corp. generated revenue of $804M at a net margin of 1.7%. Revenue grew 16.5% year over year. It earns a return on equity of 5.4%. The balance sheet holds a net cash position of $8.3M. Fundamentals as of Aug 17, 2026

Our scenario range runs from $6.11 (bear case) to $20.23 (bull case); at $74.35, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 186% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at −31% fair-value upside, at −80%, CECO screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly $0.2582 per share, which is 1.7 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Widest divergence: DCF Models ($28.98) versus Dividend Discount ($0.1700). Highest evidence: EPV (72).

Key figures & financial health

Quality Score breakdown

About the company

CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions in the United States, the United Kingdom, the Netherlands, China, and internationally. It operates through Engineered Systems and Industrial Process Solutions segments.

Full company description

CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions in the United States, the United Kingdom, the Netherlands, China, and internationally. It operates through Engineered Systems and Industrial Process Solutions segments. The company offers emissions management, fluid bed cyclones, thermal acoustics, and separation and filtration solutions; engineering services and environmental systems; and industrial exhaust air contamination treatment and control systems, solutions, and services, as well as intelligent control solutions. It also provides engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers solutions for air pollution and contamination control, fluid handling, and process filtration in various applications, such as aluminum beverage can production, automobile production, food and beverage processing, semiconductor fabrication, electronics production, steel and aluminum mill processing, wood manufacturing, desalination, and aquaculture markets, as well as it provides engineered industrial process heating solutions for process industries. It markets its power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. CECO Environmental Corp. was founded in 1869 and is headquartered in Addison, Texas.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CECO Environmental Corp. reported revenue of $774M in FY2025 versus $324M in FY2021, a compound +24.3%/yr. Reported net income was $50.1M in FY2025, compounding +143.4%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.

CECO screens 389% overvalued. Compare with Veralto Corporation →

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

• CECO (CECO) Q2 2026 Earnings Call Transcript Yahoo Finance · Aug 17, 2026
• CECO Environmental shares jump 8% after Q2 beat and guidance increase Yahoo Finance · Aug 10, 2026
• CECO Environmental Reports Second Quarter 2026 Results GlobeNewswire · Aug 10, 2026

Peer Group

Pollution & Treatment Controls · 93 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Pollution & Treatment Controls median · lower = cheaper

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Similar stocks

10 more Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Aug 17, 2026).

Explore undervalued stocks

More undervalued Industrials stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

Discover tools

Frequently asked questions