CECO vs FTEK vs GENC Stock Comparison

Ceco Environmental, Fuel Tech and Gencor Industries Prices as of Oct 28, 2026 Peers: Industry group
CECO Ceco Environmental Corp
$54.65 -24.4% 1M +12.7% 1Y
Market cap
$2.37B
P/E
–
Revenue (TTM)
$903.17M
Div. yield
–
Pollution Control Equipment Industrials
3 wins
FTEK Fuel Tech, Inc.
$1.56 -5.5% 1M -42.6% 1Y
Market cap
$48.70M
P/E
–
Revenue (TTM)
$27.30M
Div. yield
–
Pollution Control Equipment Industrials
1 win
GENC Gencor Industries Inc
$17.18 -0.8% 1M +23.3% 1Y
Market cap
$211.98M
P/E
16.9x
Revenue (TTM)
$110.01M
Div. yield
–
Heavy Equipment Industrials
4 wins

Head to Head

8 decided of 12

Gencor Industries leads on 4 of the 12 questions below (Gencor Industries 4, Ceco Environmental 3, Fuel Tech 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCECOFTEKGENCLeader
Larger companyMarket capitalisation $2.37B $48.70M $211.98M CECO
Cheaper on earningsLower P/E, profitable companies only -77.3x -14.0x 16.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.7x — 15.2x GENC
Faster revenue growthRevenue growth, trailing twelve months +37.6% +8.9% -6.4% CECO
More profitableNet margin, trailing twelve months -3.4% -12.7% 13.5% GENC
Better return on capitalReturn on invested capital -0.3% — — –
Less leveragedLower net debt / EBITDA 23.5x — — –
Higher dividend yieldTrailing dividend yield 0.00% — — –
Better 1-year returnPrice return, last 12 months +12.7% -42.6% +23.3% GENC
Better 5-year returnAnnualised price return, 5 years +51.4%/yr -5.4%/yr +9.0%/yr CECO
Less volatileAnnualised volatility, 1 year 67.3% 69.1% 38.3% GENC
Higher overall scoreMean of the five percentile scores vs peers 50/100 62/100 61/100 FTEK

Percentile Scorecard

CECOFTEKGENC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCECOFTEKGENC
Valuation 70 #7 of 21 75 #6 of 21 69 #64 of 203
Growth 28 #14 of 19 33 #13 of 19 41 #112 of 188
Profitability 56 #8 of 17 63 #7 of 17 37 #117 of 184
Financial Health 48 #12 of 22 91 #3 of 22 100 #2 of 217
Shareholder Returns – 50 #5 of 9 –
Overall 50 62 61
  • CECO ranked among 22 companies in Environmental Equipment
  • FTEK ranked among 22 companies in Environmental Equipment
  • GENC ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCECOFTEKGENCSPY
1 month -24.4%-5.5%-0.8% +0.9%
3 months -8.6%+13.0%+18.8% +5.9%
6 months -24.6%-6.0%+18.7% +8.5%
Year to date -8.7%0.0%+32.6% +13.3%
1 year +12.7%-42.6%+23.3% +12.4%
3 years +249.0%+59.2%+23.0% +88.1%
3 years, per year +51.7%+16.8%+7.1% +23.5%
5 years +694.3%-24.3%+53.9% +68.2%
5 years, per year +51.4%-5.4%+9.0% +11.0%
10 years +440.0%+22.8%+46.2% +263.4%
10 years, per year +18.4%+2.1%+3.9% +13.8%

Risk

MeasureCECOFTEKGENCSPY
Volatility, 1Y 67.3%69.1%38.3% 12.7%
Downside volatility, 1Y 71.4%66.1%30.0% 12.7%
Beta vs S&P 500, 1Y 1.991.080.85 1.00
Return / volatility, 1Y 0.19-0.620.61 0.98
Max drawdown, 5Y -52.1%-67.2%-55.7% -25.4%
From 52-week high -45.2%-42.6%-14.7% -0.9%
52-week high $99.67$2.72$20.14 $779.14
52-week low $47.44$1.19$12.23 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCECOFTEKGENC
P/E now vs peer median -77.3xmedian 25.5x -14.0xmedian 25.5x 16.9xmedian 25.4x
P/S now vs peer median 2.6xmedian 2.4x 1.8xmedian 2.4x 1.9xmedian 1.9x
EV/EBITDA now vs peer median 106.9xmedian 19.0x -7.6xmedian 19.0x 3.2xmedian 14.3x
P/FCF now vs peer median -109.6xmedian 23.0x -41.1xmedian 23.0x -131.2xmedian 21.8x
P/B now vs peer median 1.1xmedian 2.0x 1.3xmedian 2.0x 0.9xmedian 2.2x
PEG now vs peer median 1.47median 1.69 0.47median 1.69 2.31median 1.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCECOFTEKGENC
Revenue $903.17M $27.30M $110.01M
Gross profit $290.34M $12.21M $31.45M
Operating income -$5.38M -$4.58M $12.92M
Net income -$28.18M -$3.48M $14.89M
Free cash flow -$21.60M -$1.18M -$1.62M
R&D – $2.12M $2.73M
EPS (diluted) $-0.71 $-0.11 $1.02
Cash & equivalents $61.10M $7.62M $26.26M
Total debt $727.71M – –
Shares (diluted) 43.31M 31.18M 14.66M
Enterprise value $2.20B -$43.23M -$391.36M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCECOFTEKGENC
P/E -77.3x -14.0x 16.9x
P/FCF -109.6x -41.1x -131.2x
P/Operating cash flow -328.7x -229.7x 193.8x
P/S 2.6x 1.8x 1.9x
P/B 1.1x 1.3x 0.9x
P/Tangible book 2.2x 1.3x 0.9x
EV/EBITDA 106.9x -7.6x 3.2x
EV/EBIT -564.4x -6.3x 3.7x
EV/Revenue 3.4x 1.1x 0.4x
EV/FCF -140.4x -24.6x -29.6x
EV/Operating cash flow -421.2x -137.2x 43.7x
PEG (3Y EPS CAGR) 1.47 0.47 2.31

Growth

14 metrics
MetricCECOFTEKGENC
Revenue growth (1Y) 37.6% 8.9% -6.4%
Revenue CAGR (3Y) 24.6% -0.6% 0.8%
Gross profit growth (1Y) 25.6% 9.7% -3.3%
Gross profit CAGR (3Y) 26.1% 2.1% 4.7%
Operating income growth (1Y) -105.5% -0.6% -16.6%
Operating income CAGR (3Y) -30.3% -30.8% 2.8%
Net income growth (1Y) -152.2% -7.7% -2.0%
Net income CAGR (3Y) -53.8% -31.1% 7.3%
EPS growth (1Y) -149.3% -6.7% -2.0%
EPS CAGR (3Y) -52.7% -29.9% 7.3%
Operating cash flow growth (1Y) -196.9% -129.5% 796.7%
Operating cash flow CAGR (3Y) -29.1% 35.8% 28.4%
Free cash flow growth (1Y) -27.1% -367.3% -78.4%
Free cash flow CAGR (3Y) -36.0% -6.8% 50.4%

Profitability

14 metrics
MetricCECOFTEKGENC
Gross margin 32.1% 44.7% 28.6%
EBITDA margin 3.1% -14.0% 13.7%
Operating margin -0.6% -16.8% 11.7%
Pretax margin -3.9% -12.7% 17.0%
Net margin -3.4% -12.7% 13.5%
FCF margin -2.4% -4.3% -1.5%
Operating cash flow margin -0.8% -0.8% 1.0%
Return on equity -2.3% -9.2% 6.7%
Return on assets -1.2% -7.9% 6.3%
Return on invested capital -0.3% – –
Return on capital employed -0.3% -11.8% 5.7%
Asset turnover 0.4x 0.6x 0.5x
Cash conversion (OCF / net income) 0.3x 0.1x 0.1x
Stock comp / revenue 2.2% 0.8% –

Financial Health

11 metrics
MetricCECOFTEKGENC
Debt / assets 19.5% – –
Debt / equity 0.3x – –
Net debt / EBITDA 23.5x – –
Debt / FCF -33.7x – –
Liabilities / assets 44.3% 13.5% 5.9%
Equity / assets 55.7% 86.5% 94.1%
Interest coverage -0.2x – –
Current ratio 1.5x 5.1x 19.2x
Quick ratio 1.0x 5.0x 14.9x
Cash ratio 0.1x 4.0x 14.1x
Altman Z-score 1.21 1.82 11.88

Shareholder Returns

7 metrics
MetricCECOFTEKGENC
Dividend yield – – –
Net buyback yield – 0.1% –
Shareholder yield 0.0% 0.1% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCECOFTEKGENC
Forward P/E 22.7xFY2026 – 15.2xFY2026
EPS, next fiscal year $2.41FY2026 $-0.14FY2026 $1.13FY2026
EPS growth, next FY +167.8%FY2026 – +5.6%FY2026
EPS growth, the year after +27.4% – -15.9%
Revenue, next fiscal year $1.43BFY2026 $27.36MFY2026 $111.17MFY2026
Revenue growth, next FY +84.9%FY2026 +2.5%FY2026 -3.7%FY2026
Revenue growth, the year after +31.3% +28.8% +38.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCECOFTEKGENC
Held by institutions 88.3% 23.6% 48.7%
Institutions holding 345 43 94
Change in shares held, QoQ +64.8% -2.7% -2.6%
Institutions buying 246 17 40
Institutions selling 71 9 33
Buyers to sellers 3.46 1.89 1.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CECOFTEKGENC
CECO 1.00 0.23 0.25
FTEK 0.23 1.00 0.14
GENC 0.25 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CECO, FTEK and GENC?

Ceco Environmental (CECO) is the largest by market capitalisation: Ceco Environmental (CECO) $2.37B, Fuel Tech (FTEK) $48.70M, Gencor Industries (GENC) $211.98M.

Which company is growing faster?

Ceco Environmental (CECO) grew revenue fastest over the trailing twelve months: Ceco Environmental (CECO) +37.6%, Fuel Tech (FTEK) +8.9%, Gencor Industries (GENC) -6.4%.

Which company is more profitable?

Gencor Industries (GENC) has the highest net margin (Ceco Environmental (CECO) -3.4%, Fuel Tech (FTEK) -12.7%, Gencor Industries (GENC) 13.5%).

Which stock has performed better?

Over the past year Gencor Industries (GENC) returned the most: Ceco Environmental (CECO) +12.7%, Fuel Tech (FTEK) -42.6%, Gencor Industries (GENC) +23.3%. Over five years, Ceco Environmental (CECO) compounded fastest (Ceco Environmental (CECO) +51.4%/yr, Fuel Tech (FTEK) -5.4%/yr, Gencor Industries (GENC) +9.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Gencor Industries (GENC) has been the steadiest (Ceco Environmental (CECO) 67.3%, Fuel Tech (FTEK) 69.1%, Gencor Industries (GENC) 38.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CECO, FTEK and GENC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Gencor Industries (GENC) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.