Waste Management Inc
—Price / book
Market cap
—
Tangible equity
-$7.66B
Price / tangible book
—
Price / book
—
Return on equity
27.1%
Return on assets
5.9%
Efficiency ratio
—
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $856.52B · View financials
Decision snapshot: WM stock price vs JPM: inconclusive — current versus $107.84 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at JPM's multiple
Implied fair value · at WM's multiple
Needs WM P/E.
Live quote
As of 2025-12-31
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Lower is better
Lower is better
Profitability edge
Asset efficiency edge
Lower is better
Statements
Bank-focused income statement and equity metrics aligned to the reporting windows.
SEC periods: WM FY 2025 (ended Dec 31, 2025) · JPM FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / book
Market cap
—
Tangible equity
-$7.66B
Price / tangible book
—
Price / book
—
Return on equity
27.1%
Return on assets
5.9%
Efficiency ratio
—
Price / tangible book
Market cap
$856.52B
Tangible equity
$306.21B
Price / tangible book
2.80x
Price / book
2.36x
Return on equity
15.7%
Return on assets
1.3%
Efficiency ratio
142.8%
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
WASTE MANAGEMENT INC · implied price per share
Bear
$53.24
Base
$62.63
Bull
$72.03
JPMORGAN CHASE & CO · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
2.29x
0.92x
Net debt / EBITDA
Leverage against operating earnings
3.67x
-0.59x
Cash and equivalents
Liquid reserves on the balance sheet
$378.00M
$481.02B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider banking comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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WM vs PNC
US BANCORP \DE\
WM vs USB
$22.91B
$332.67B
Live quote
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