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Upturn AI Summary - About
CECO Environmental Corp.(CECO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CECO
10/26/2026: CECO (3-star) is currently NOT-A-BUY. Pass it for now.
CECO Environmental Corp. is a specialized provider of industrial air quality and fluid handling solutions, serving diverse global manufacturing sectors. The company has a leading position in niche environmental technology, with its 'buy-and-build' strategy driving growth through targeted acquisitions. While this approach has broadened its market reach, it also presents execution and integration risks. The primary investment story rests on the growing demand for industrial efficiency and environmental compliance. Investors should monitor the company's ability to maintain margins amidst cyclical industrial spending. The stock may suit growth-oriented investors, though it carries risks associated with business quality and economic volatility.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company pursues an aggressive acquisition-based growth strategy. |
| Momentum investor | Mixed fit | Performance is highly dependent on industrial macro cycles and acquisition success. |
| Value investor | Mixed fit | Valuation fluctuates based on the success of integrating recent acquisitions. |
| Dividend investor | Weak fit | The company does not currently pay a dividend, focusing cash on growth. |
| Low-risk investor | Weak fit | High sensitivity to industrial economic cycles introduces volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to swings based on industrial spending and acquisition sentiment. |
| Valuation risk | Medium | Multiple expansion depends on maintaining consistent earnings growth through acquisitions. |
| Competition risk (Industrial Conglomerates) | Medium / high | Large competitors can outspend CECO in R&D and marketing. |
| Business quality | Medium | The business model relies on successful integration of various acquired units. |
| Dividend income | Low / none | Investors receive no current income from dividends. |
| Execution risk | Medium / high | Failure to integrate acquisitions efficiently could impair financial performance. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 96.87% | Avg. Invested days 49 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/26/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.80B USD | Price to earnings Ratio - | 1Y Target Price 109 |
Price to earnings Ratio - | 1Y Target Price 109 | ||
Volume (30-day avg) 753.9K shares | Beta 1.5 | 52 Weeks Range 42.82 - 101.24 | Updated Date 10/26/2026 |
52 Weeks Range 42.82 - 101.24 | Updated Date 10/26/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.77 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Industrial Air Quality | Thermal oxidizers, filtration systems, and environmental compliance equipment. | The company helps factories comply with air pollution laws. |
| Fluid Handling | Specialized pumps and liquid separation systems for industrial use. | The company provides critical infrastructure for handling liquids in manufacturing. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-10-27 | When Before Market | Estimate 0.69 | Actual - |
Profitability
Profit Margin -3.39% | Operating Margin (TTM) 4.91% |
Management Effectiveness
Return on Assets (TTM) 1.53% | Return on Equity (TTM) -2.36% |
Valuation
Trailing PE - | Forward PE 15.15 | Enterprise Value 3.59B | Price to Sales(TTM) 3.1 |
Enterprise Value 3.59B | Price to Sales(TTM) 3.1 | ||
Enterprise Value to Revenue 3.97 | Enterprise Value to EBITDA 172.22 | Shares Outstanding 58.57M | Shares Floating 51.66M |
Shares Outstanding 58.57M | Shares Floating 51.66M | ||
Percent Insiders 10.67 | Percent Institutions 89.45 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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