Aecon Group Inc
TSX:ARE

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Aecon Group Inc Logo
Aecon Group Inc
TSX:ARE
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Price: 19.8 CAD -1.98% Market Closed
Market Cap: 1.2B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ARE stock under the Base Case scenario is 30.08 CAD. Compared to the current market price of 19.8 CAD, Aecon Group Inc is Undervalued by 34%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ARE Relative Value
Base Case
30.08 CAD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
14
vs Industry
78
Median 3Y
0.2
Median 5Y
0.2
Industry
0.8
Forward
0.3
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
63
Median 3Y
9.3
Median 5Y
11.2
Industry
15
Forward
17.8
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
2
Median 3Y
-5.8
Median 5Y
3.2
Industry
8.8
More Details
14
P/FCFE
P/FCFE
Price to FCFE
14
vs History
28
vs Industry
Median 3Y
-3.6
Median 5Y
-1.7
Industry
12.7
More Details
1.4
P/B
P/B
Price to Book Value
1.4
vs History
7
vs Industry
43
Median 3Y
0.9
Median 5Y
1
Industry
1.2
More Details
0.4
EV/S
EV/S
Enterprise Value to Sales
0.4
vs History
6
vs Industry
77
Median 3Y
0.2
Median 5Y
0.3
Industry
1
Forward
0.3
More Details
10.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.1
vs History
7
vs Industry
31
Median 3Y
3.3
Median 5Y
3.2
Industry
5.1
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
26
Median 3Y
6.3
Median 5Y
5.9
Industry
9.1
Forward
6.6
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
0
Median 3Y
12.4
Median 5Y
10
Industry
11.6
Forward
18.9
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
2
Median 3Y
-6.7
Median 5Y
4
Industry
10.2
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
0
Median 3Y
-6.9
Median 5Y
5
Industry
12.9
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
7
vs Industry
58
Median 3Y
0.5
Median 5Y
0.5
Industry
0.8
More Details

Multiples Across Competitors

ARE Competitors Multiples
Aecon Group Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Aecon Group Inc
TSX:ARE
1.2B CAD 0.3 -13.6 -28.7 -10.7
FR
Vinci SA
PAR:DG
68.4B EUR 0.9 14.1 6.7 9.9
IN
Larsen & Toubro Ltd
NSE:LT
5T INR 2 33.5 20.2 24
IN
Larsen and Toubro Ltd
F:LTO
48.8B EUR 1.9 32.4 19.5 23.2
US
Quanta Services Inc
NYSE:PWR
53.3B USD 2.1 57.3 26.4 41.4
NL
Ferrovial SE
AEX:FER
32.7B EUR 3.6 10.1 29.4 43.7
ES
Ferrovial SA
MAD:FER
31.4B EUR 3.4 9.7 28.4 42.3
CN
China State Construction Engineering Corp Ltd
SSE:601668
237.2B CNY 0.1 5.1 7 7
CA
WSP Global Inc
TSX:WSP
35.3B CAD 2.1 50.6 18 26.4
US
EMCOR Group Inc
NYSE:EME
22B USD 1.5 20.9 14 15.4
CN
China Communications Construction Co Ltd
SSE:601800
140B CNY 0.2 6.5 15.2 15.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Aecon Group Inc
TSX:ARE
Average EV/EBITDA: 18.5
Negative Multiple: -28.7 		N/A N/A
FR
Vinci SA
PAR:DG
6.7
6%
1.1
IN
Larsen & Toubro Ltd
NSE:LT
20.2
18%
1.1
IN
Larsen and Toubro Ltd
F:LTO
19.5
18%
1.1
US
Quanta Services Inc
NYSE:PWR
26.4
19%
1.4
NL
Ferrovial SE
AEX:FER
29.4
11%
2.7
ES
Ferrovial SA
MAD:FER
28.4
11%
2.6
CN
C
China State Construction Engineering Corp Ltd
SSE:601668
7
8%
0.9
CA
WSP Global Inc
TSX:WSP
18
14%
1.3
US
EMCOR Group Inc
NYSE:EME
14
8%
1.7
CN
China Communications Construction Co Ltd
SSE:601800
15.2
23%
0.7

See Also

Summary
ARE intrinsic value, competitors valuation, and company profile.
DCF Valuation
ARE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ARE stock valuation using valuation multiples.
Wall Street Estimates
ARE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ARE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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