CECO vs GENC vs BW Stock Comparison

Ceco Environmental, Gencor Industries and Babcock & Wilcox Enterprises Prices as of Oct 27, 2026 Peers: Industry group
CECO Ceco Environmental Corp
$50.82 -30.9% 1M -4.8% 1Y
Market cap
$2.20B
P/E
–
Revenue (TTM)
$903.17M
Div. yield
–
Pollution Control Equipment Industrials
2 wins
GENC Gencor Industries Inc
$17.24 -1.1% 1M +23.9% 1Y
Market cap
$212.72M
P/E
17.0x
Revenue (TTM)
$110.01M
Div. yield
–
Heavy Equipment Industrials
4 wins

Head to Head

10 decided of 12

Gencor Industries leads on 4 of the 12 questions below (Gencor Industries 4, Babcock & Wilcox Enterprises 4, Ceco Environmental 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCECOGENCBWLeader
Larger companyMarket capitalisation $2.20B $212.72M $677.78M CECO
Cheaper on earningsLower P/E, profitable companies only -71.9x 17.0x -19.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x 15.3x 32.5x GENC
Faster revenue growthRevenue growth, trailing twelve months +37.6% -6.4% +42.6% BW
More profitableNet margin, trailing twelve months -3.4% 13.5% -4.0% GENC
Better return on capitalReturn on invested capital -0.3% — 14.3% BW
Less leveragedLower net debt / EBITDA 23.5x — -2.8x BW
Higher dividend yieldTrailing dividend yield 0.00% — — –
Better 1-year returnPrice return, last 12 months -4.8% +23.9% +39.6% BW
Better 5-year returnAnnualised price return, 5 years +49.5%/yr +9.1%/yr -7.6%/yr CECO
Less volatileAnnualised volatility, 1 year 67.6% 38.3% 114.7% GENC
Higher overall scoreMean of the five percentile scores vs peers 52/100 61/100 51/100 GENC

Percentile Scorecard

CECOGENCBW

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

AxisCECOGENCBW
Valuation 75 #6 of 21 66 #70 of 203 63 #23 of 61
Growth 28 #14 of 19 41 #111 of 188 70 #18 of 58
Profitability 56 #8 of 17 36 #118 of 183 72 #16 of 55
Financial Health 48 #12 of 22 100 #2 of 217 37 #45 of 71
Shareholder Returns – – 10 #27 of 30
Overall 52 61 51
  • CECO ranked among 22 companies in Environmental Equipment
  • GENC ranked among 222 companies in Machinery
  • BW ranked among 71 companies in Clean Energy Equipment

Price Performance

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

Returns

PeriodCECOGENCBWSPY
1 month -30.9%-1.1%-27.5% -0.2%
3 months -24.7%+14.6%-48.4% +3.9%
6 months -31.6%+16.6%-68.9% +8.2%
Year to date -15.1%+33.0%-28.2% +12.9%
1 year -4.8%+23.9%+39.6% +12.3%
3 years +224.5%+23.4%+93.6% +87.4%
3 years, per year +48.1%+7.3%+24.7% +23.3%
5 years +646.3%+54.5%-32.8% +67.9%
5 years, per year +49.5%+9.1%-7.6% +10.9%
10 years +397.7%+47.4%-97.1% +261.1%
10 years, per year +17.4%+4.0%-29.7% +13.7%

Risk

MeasureCECOGENCBWSPY
Volatility, 1Y 67.6%38.3%114.7% 12.7%
Downside volatility, 1Y 72.4%30.1%103.5% 12.7%
Beta vs S&P 500, 1Y 1.960.853.33 1.00
Return / volatility, 1Y -0.070.620.34 0.97
Max drawdown, 5Y -52.1%-55.7%-97.4% -25.4%
From 52-week high -49.0%-14.4%-79.2% -1.2%
52-week high $99.67$20.14$21.85 $779.14
52-week low $47.44$12.23$3.16 $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.

MultipleCECOGENCBW
P/E now vs peer median -71.9xmedian 25.6x 17.0xmedian 25.2x -19.5xmedian 27.2x
P/S now vs peer median 2.4xmedian 2.4x 1.9xmedian 1.9x 0.8xmedian 2.4x
EV/EBITDA now vs peer median 101.1xmedian 16.7x 3.2xmedian 14.0x 16.1xmedian 18.4x
P/FCF now vs peer median -101.9xmedian 23.6x -131.6xmedian 21.7x -11.7xmedian 28.6x
P/B now vs peer median 1.1xmedian 2.0x 0.9xmedian 2.3x 11.8xmedian 1.7x
PEG now vs peer median 1.37median 1.68 2.31median 1.32 -0.79median 0.79

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 monthsCECOGENCBW
Revenue $903.17M $110.01M $821.95M
Gross profit $290.34M $31.45M $160.14M
Operating income -$5.38M $12.92M $22.49M
Net income -$28.18M $14.89M -$18.35M
Free cash flow -$21.60M -$1.62M -$58.17M
R&D – $2.73M –
EPS (diluted) $-0.71 $1.02 $-0.21
Cash & equivalents $61.10M $26.26M $308.63M
Total debt $727.71M – $209.43M
Shares (diluted) 43.31M 14.66M 154.51M
Enterprise value $2.03B -$390.62M $148.75M

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
MetricCECOGENCBW
P/E -71.9x 17.0x -19.5x
P/FCF -101.9x -131.6x -11.7x
P/Operating cash flow -305.6x 194.4x -19.5x
P/S 2.4x 1.9x 0.8x
P/B 1.1x 0.9x 11.8x
P/Tangible book 2.0x 0.9x 15.4x
EV/EBITDA 101.1x 3.2x 16.1x
EV/EBIT -533.5x 3.8x 25.7x
EV/Revenue 3.2x 0.4x 0.7x
EV/FCF -132.8x -30.0x -9.9x
EV/Operating cash flow -398.2x 44.4x -16.7x
PEG (3Y EPS CAGR) 1.37 2.31 -0.79

Growth

14 metrics
MetricCECOGENCBW
Revenue growth (1Y) 37.6% -6.4% 42.6%
Revenue CAGR (3Y) 24.6% 0.8% 3.5%
Gross profit growth (1Y) 25.6% -3.3% 20.7%
Gross profit CAGR (3Y) 26.1% 4.7% -2.8%
Operating income growth (1Y) -105.5% -16.6% 879.4%
Operating income CAGR (3Y) -30.3% 2.8% 17.5%
Net income growth (1Y) -152.2% -2.0% 87.7%
Net income CAGR (3Y) -53.8% 7.3% 17.3%
EPS growth (1Y) -149.3% -2.0% 87.1%
EPS CAGR (3Y) -52.7% 7.3% 24.6%
Operating cash flow growth (1Y) -196.9% 796.7% 72.4%
Operating cash flow CAGR (3Y) -29.1% 28.4% -73.7%
Free cash flow growth (1Y) -27.1% -78.4% 57.3%
Free cash flow CAGR (3Y) -36.0% 50.4% -120.7%

Profitability

14 metrics
MetricCECOGENCBW
Gross margin 32.1% 28.6% 19.5%
EBITDA margin 3.1% 13.7% 4.4%
Operating margin -0.6% 11.7% 2.7%
Pretax margin -3.9% 17.0% -8.8%
Net margin -3.4% 13.5% -4.0%
FCF margin -2.4% -1.5% -7.1%
Operating cash flow margin -0.8% 1.0% -4.2%
Return on equity -2.3% 6.7% –
Return on assets -1.2% 6.3% -8.9%
Return on invested capital -0.3% – 14.3%
Return on capital employed -0.3% 5.7% 5.9%
Asset turnover 0.4x 0.5x 0.9x
Cash conversion (OCF / net income) 0.3x 0.1x 1.9x
Stock comp / revenue 2.2% – 2.0%

Financial Health

11 metrics
MetricCECOGENCBW
Debt / assets 19.5% – 21.0%
Debt / equity 0.3x – 3.7x
Net debt / EBITDA 23.5x – -2.8x
Debt / FCF -33.7x – -3.6x
Liabilities / assets 44.3% 5.9% 94.3%
Equity / assets 55.7% 94.1% 5.7%
Interest coverage -0.2x – 0.9x
Current ratio 1.5x 19.2x 1.5x
Quick ratio 1.0x 14.9x 1.1x
Cash ratio 0.1x 14.1x 0.6x
Altman Z-score 1.15 11.91 -0.88

Shareholder Returns

7 metrics
MetricCECOGENCBW
Dividend yield – – –
Net buyback yield – – -56.7%
Shareholder yield 0.0% – -56.7%
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.

ConsensusCECOGENCBW
Forward P/E 21.1xFY2026 15.3xFY2026 32.5xFY2026
EPS, next fiscal year $2.41FY2026 $1.13FY2026 $0.14FY2026
EPS growth, next FY +167.8%FY2026 +5.6%FY2026 –
EPS growth, the year after +27.4% -15.9% +221.4%
Revenue, next fiscal year $1.43BFY2026 $111.17MFY2026 $1.01BFY2026
Revenue growth, next FY +84.9%FY2026 -3.7%FY2026 +71.1%FY2026
Revenue growth, the year after +31.3% +38.5% +35.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCECOGENCBW
Held by institutions 88.3% 48.7% 88.0%
Institutions holding 345 94 200
Change in shares held, QoQ +64.8% -2.6% +24.0%
Institutions buying 246 40 146
Institutions selling 71 33 41
Buyers to sellers 3.46 1.21 3.56

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.

CECOGENCBW
CECO 1.00 0.26 0.36
GENC 0.26 1.00 0.16
BW 0.36 0.16 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CECO, GENC and BW?

Ceco Environmental (CECO) is the largest by market capitalisation: Ceco Environmental (CECO) $2.20B, Gencor Industries (GENC) $212.72M, Babcock & Wilcox Enterprises (BW) $677.78M.

Which company is growing faster?

Babcock & Wilcox Enterprises (BW) grew revenue fastest over the trailing twelve months: Ceco Environmental (CECO) +37.6%, Gencor Industries (GENC) -6.4%, Babcock & Wilcox Enterprises (BW) +42.6%.

Which company is more profitable?

Gencor Industries (GENC) has the highest net margin (Ceco Environmental (CECO) -3.4%, Gencor Industries (GENC) 13.5%, Babcock & Wilcox Enterprises (BW) -4.0%). On return on invested capital, Babcock & Wilcox Enterprises (BW) leads (Ceco Environmental (CECO) -0.3%, Babcock & Wilcox Enterprises (BW) 14.3%).

Which stock has performed better?

Over the past year Babcock & Wilcox Enterprises (BW) returned the most: Ceco Environmental (CECO) -4.8%, Gencor Industries (GENC) +23.9%, Babcock & Wilcox Enterprises (BW) +39.6%. Over five years, Ceco Environmental (CECO) compounded fastest (Ceco Environmental (CECO) +49.5%/yr, Gencor Industries (GENC) +9.1%/yr, Babcock & Wilcox Enterprises (BW) -7.6%/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) 67.6%, Gencor Industries (GENC) 38.3%, Babcock & Wilcox Enterprises (BW) 114.7%). Volatility measures how widely the price swings, not the risk of the business.

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

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.