WallStSmart

Arq Inc (ARQ)vsCECO Environmental Corp. (CECO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

CECO Environmental Corp. generates 558% more annual revenue ($803.60M vs $122.14M). CECO leads profitability with a 1.7% profit margin vs -43.9%. CECO appears more attractively valued with a PEG of 1.44. CECO earns a higher WallStSmart Score of 44/100 (D).

ARQ

Hold

40

out of 100

Grade: F

Growth: 5.3Profit: 2.0Value: 5.7Quality: 6.0
Piotroski: 3/9Altman Z: 1.51

CECO

Hold

44

out of 100

Grade: D

Growth: 6.7Profit: 5.0Value: 4.3Quality: 6.5
Piotroski: 4/9Altman Z: 1.82
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARQUndervalued (+66.2%)

Margin of Safety

+66.2%

Fair Value

$11.25

Current Price

$2.60

$8.65 discount

UndervaluedFair: $11.25Overvalued

Intrinsic value data unavailable for CECO.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARQ2 strengths · Avg: 9.5/10
Price/BookValuation
0.7x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.239/10

Conservative balance sheet, low leverage

CECO2 strengths · Avg: 9.0/10
Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
16.5%8/10

16.5% revenue growth

Areas to Watch

ARQ4 concerns · Avg: 3.5/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Altman Z-ScoreHealth
1.514/10

Distress zone — elevated risk

Market CapQuality
$111.61M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

CECO4 concerns · Avg: 3.5/10
Price/BookValuation
9.0x4/10

Trading at 9.0x book value

Altman Z-ScoreHealth
1.824/10

Grey zone — moderate risk

Return on EquityProfitability
5.5%3/10

ROE of 5.5% — below average capital efficiency

Profit MarginProfitability
1.7%3/10

1.7% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : ARQ

The strongest argument for ARQ centers on Price/Book, Debt/Equity.

Bull Case : CECO

The strongest argument for CECO centers on Debt/Equity, Revenue Growth. Revenue growth of 16.5% demonstrates continued momentum. PEG of 1.44 suggests the stock is reasonably priced for its growth.

Bear Case : ARQ

The primary concerns for ARQ are EPS Growth, Altman Z-Score, Market Cap.

Bear Case : CECO

The primary concerns for CECO are Price/Book, Altman Z-Score, Return on Equity. A P/E of 196.7x leaves little room for execution misses. Thin 1.7% margins leave little buffer for downturns.

Key Dynamics to Monitor

ARQ profiles as a turnaround stock while CECO is a growth play — different risk/reward profiles.

ARQ carries more volatility with a beta of 2.70 — expect wider price swings.

CECO is growing revenue faster at 16.5% — sustainability is the question.

ARQ generates stronger free cash flow (-598,000), providing more financial flexibility.

Bottom Line

CECO scores higher overall (44/100 vs 40/100) and 16.5% revenue growth. ARQ offers better value entry with a 66.2% margin of safety. Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Arq Inc

INDUSTRIALS · POLLUTION & TREATMENT CONTROLS · USA

Arq, Inc. produces activated carbon products in North America. The company is headquartered in Greenwood Village, Colorado.

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CECO Environmental Corp.

INDUSTRIALS · POLLUTION & TREATMENT CONTROLS · USA

CECO Environmental Corporation. The company is headquartered in Dallas, Texas.

Visit Website →

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