CECO vs NIC

Comparison between Ceco Environmental Corp (CECO, Company) and Nicolet Bankshares Inc (NIC, Company).

CECO is from the Industrials sector, while NIC is from the Financial Services sector.

5-Year PerformanceCECO has outperformed NIC, delivering a return of +63.1% compared to +20.2%

CECO vs NIC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CECO(COMPANY)	NIC(COMPANY)
Market Cap	$3.53B	$3.53B
Max Drawdown	90.64%	44.31%
Sharpe Ratio	1.80	0.82
5Y Beta	1.17	0.82
Industry	Pollution & Treatment Controls	Banks - Regional
P/E Ratio	254.86	19.09
Forward P/E	48.78	14.84
PEG Ratio	1.44	10.03
Dividend Yield	N/A	0.78%
5Y Dividends CAGR	20.59%	N/A
5Y EPS CAGR	18.05%	5.32%
Debt to Equity	81.12%	7.97%
Free Cash Flow Yield	-0.17%	3.51%
P/S Ratio	4.39	N/A
P/B Ratio	11.31	N/A

Market Cap

CECO

$3.53B

Winner

NIC

$3.53B

Max Drawdown

CECO

90.64%

Winner

NIC

44.31%

Sharpe Ratio

Winner

CECO

1.80

NIC

0.82

5Y Beta

CECO

1.17

Winner

NIC

0.82

Industry

CECO

Pollution & Treatment Controls

NIC

Banks - Regional

P/E Ratio

CECO

254.86

Winner

NIC

19.09

Forward P/E

CECO

48.78

Winner

NIC

14.84

PEG Ratio

Winner

CECO

1.44

NIC

10.03

Dividend Yield

CECO

N/A

NIC

0.78%

5Y Dividends CAGR

CECO

20.59%

NIC

N/A

5Y EPS CAGR

Winner

CECO

18.05%

NIC

5.32%

Debt to Equity

CECO

81.12%

Winner

NIC

7.97%

Free Cash Flow Yield

CECO

-0.17%

Winner

NIC

3.51%

P/S Ratio

CECO

4.39

NIC

N/A

P/B Ratio

CECO

11.31

NIC

N/A

CECO vs NIC - Historical Returns

Returns include dividend reinvestment.

Period	CECO	NIC
1 month	-13.24%	+16.89%
3 months	+25.49%	+10.91%
6 months	+19.78%	+31.36%
1 year	+153.39%	+27.56%
5 years(CAGR)	+63.15%	+20.16%
10 years(CAGR)	+24.39%	+16.33%
Max(CAGR)	+15.17%	+17.80%

CECO

-13.24%

Winner

NIC

+16.89%

Winner

CECO

+25.49%

NIC

+10.91%

CECO

+19.78%

Winner

NIC

+31.36%

Winner

CECO

+153.39%

NIC

+27.56%

5Y(CAGR)

Winner

CECO

+63.15%

NIC

+20.16%

10Y(CAGR)

Winner

CECO

+24.39%

NIC

+16.33%

Max(CAGR)

CECO

+15.17%

Winner

NIC

+17.80%

CECO vs NIC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CECO	NIC
2026	+34.30%	+43.32%
2025	+90.61%	+18.95%
2024	+51.23%	+31.36%
2023	+78.84%	+3.14%
2022	+85.69%	-8.73%
2021	-9.84%	+27.09%
2020	-9.37%	-9.75%
2019	+11.82%	+48.62%
2018	+28.82%	-8.79%
2017	-62.52%	+13.85%
2016	+95.29%	+50.02%
2015	-48.63%	N/A
2014	-1.91%	N/A
2013	+62.67%	N/A
2012	+80.96%	N/A
2011	-4.15%	N/A
2010	+49.00%	N/A
2009	+54.90%	N/A
2008	-78.10%	N/A
2007	+11.47%	N/A
2006	+58.76%	N/A
2005	+53.06%	N/A
2004	+96.68%	N/A
2003	-14.06%	N/A
2002	-43.77%	N/A
2001	+140.00%	N/A
2000	-42.11%	N/A
1999	+17.65%	N/A

CECO vs NIC Drawdown Comparison

The maximum drawdown for CECO was -90.64%, occurring on Nov 20, 2008. Recovery took 1655 trading sessions.

The maximum drawdown for NIC was -44.31%, occurring on May 4, 2023. Recovery took 578 trading sessions.

The current CECO drawdown is -19.43%.

Rank	CECO	NIC
#1	-90.64% Mar 22, 2007 - Oct 16, 2013	-44.31% Mar 14, 2022 - Jul 17, 2024
#2	-78.20% Oct 18, 2013 - Nov 7, 2023	-37.05% Dec 20, 2019 - Feb 23, 2021
#3	-66.51% Oct 25, 2001 - Sep 12, 2005	-24.22% Oct 5, 2017 - Apr 26, 2019
#4	-57.69% Dec 8, 1999 - Oct 22, 2001	-22.15% May 2, 2016 - Dec 20, 2016
#5	-47.93% Dec 11, 2024 - Jul 25, 2025	-20.28% Mar 26, 2021 - Dec 23, 2021
#6	-42.33% Apr 20, 2006 - Jan 22, 2007	-17.90% Feb 20, 2026 - Jun 25, 2026
#7	-35.08% Feb 13, 2026 - May 5, 2026	-17.88% Jul 17, 2025 - Jan 21, 2026
#8	-27.06% Jul 16, 2024 - Nov 22, 2024	-16.85% Jul 26, 2024 - Oct 16, 2024
#9	-20.90% Jun 22, 2026 - Jul 7, 2026	-15.85% Mar 3, 2025 - May 2, 2025
#10	-20.53% Dec 6, 2005 - Jan 31, 2006	-12.22% Nov 6, 2024 - Feb 4, 2025
#11	-18.96% Mar 1, 2024 - Apr 3, 2024	-9.14% Mar 31, 2016 - Apr 27, 2016
#12	-18.19% Feb 26, 2007 - Mar 19, 2007	-7.54% Feb 23, 2017 - May 1, 2017
#13	-16.82% May 26, 2026 - Jun 9, 2026	-7.41% May 27, 2025 - Jun 27, 2025
#14	-14.85% Apr 29, 2024 - May 24, 2024	-6.54% Jul 3, 2017 - Sep 1, 2017
#15	-14.52% Nov 5, 2025 - Dec 4, 2025	-6.40% May 4, 2017 - Jun 9, 2017

Correlation

Correlation between CECO and NIC is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2011 - 2026)

CECO vs NIC dividend yield comparison.

Year	CECO	NIC
2026	0.00%	0.40%
2025	0.00%	1.02%
2024	0.00%	1.04%
2023	0.00%	0.93%
2017	4.39%	0.00%
2016	1.89%	0.00%
2015	3.44%	0.00%
2014	1.48%	0.00%
2013	1.24%	0.00%
2012	1.61%	0.00%
2011	0.90%	0.00%