Narrative Update • Jun 05

Over the last 7 days, the Construction industry has dropped 1.1%, driven by WSP Global declining 2.1%. However, the industry is down 19% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
Has the Canadian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 14 Jun 2026 | CA$59.0b | CA$46.9b | CA$4.3b | 25.6x | 13.9x | 1.3x |
| Tue, 12 May 2026 | CA$67.0b | CA$46.2b | CA$4.2b | 29.5x | 15.9x | 1.5x |
| Thu, 09 Apr 2026 | CA$64.5b | CA$45.8b | CA$4.2b | 28.9x | 15.3x | 1.4x |
| Sat, 07 Mar 2026 | CA$67.3b | CA$45.9b | CA$4.3b | 28x | 15.8x | 1.5x |
| Mon, 02 Feb 2026 | CA$73.2b | CA$44.9b | CA$4.1b | 30.9x | 17.7x | 1.6x |
| Wed, 31 Dec 2025 | CA$69.2b | CA$44.9b | CA$4.1b | 29.5x | 16.8x | 1.5x |
| Fri, 28 Nov 2025 | CA$67.7b | CA$44.9b | CA$4.1b | 28.6x | 16.4x | 1.5x |
| Sun, 26 Oct 2025 | CA$76.1b | CA$43.4b | CA$3.9b | 30.3x | 19.3x | 1.8x |
| Tue, 23 Sep 2025 | CA$77.4b | CA$43.4b | CA$4.0b | 26.2x | 19.6x | 1.8x |
| Thu, 21 Aug 2025 | CA$74.3b | CA$43.4b | CA$4.0b | 31x | 18.8x | 1.7x |
| Sat, 19 Jul 2025 | CA$75.8b | CA$41.9b | CA$1.4b | 45.6x | 52.3x | 1.8x |
| Mon, 16 Jun 2025 | CA$72.6b | CA$41.9b | CA$1.4b | 43x | 50.1x | 1.7x |
| Wed, 14 May 2025 | CA$66.0b | CA$41.5b | CA$1.4b | 41.6x | 46.8x | 1.6x |
| Fri, 11 Apr 2025 | CA$60.4b | CA$40.4b | CA$1.4b | 36.7x | 42.4x | 1.5x |
| Sun, 09 Mar 2025 | CA$60.9b | CA$40.0b | CA$1.5b | 35x | 41.8x | 1.5x |
| Tue, 04 Feb 2025 | CA$62.0b | CA$38.7b | CA$1.4b | 35.6x | 44.4x | 1.6x |
| Thu, 02 Jan 2025 | CA$63.6b | CA$38.7b | CA$1.4b | 36.9x | 45.6x | 1.6x |
| Sat, 30 Nov 2024 | CA$64.0b | CA$38.7b | CA$1.4b | 39.7x | 45.8x | 1.7x |
| Mon, 28 Oct 2024 | CA$61.7b | CA$37.6b | CA$1.4b | 37.1x | 43.7x | 1.6x |
| Wed, 25 Sep 2024 | CA$54.9b | CA$37.6b | CA$1.4b | 36.3x | 38.7x | 1.5x |
| Fri, 23 Aug 2024 | CA$54.9b | CA$37.6b | CA$1.4b | 38.3x | 38.6x | 1.5x |
| Sun, 21 Jul 2024 | CA$54.5b | CA$37.0b | CA$1.5b | 32.6x | 35.9x | 1.5x |
| Tue, 18 Jun 2024 | CA$52.9b | CA$37.0b | CA$1.5b | 34.1x | 34.9x | 1.4x |
| Thu, 16 May 2024 | CA$53.6b | CA$36.6b | CA$1.5b | 32.6x | 35.9x | 1.5x |
| Sat, 13 Apr 2024 | CA$52.4b | CA$36.5b | CA$1.5b | 31.3x | 35.9x | 1.4x |
| Mon, 11 Mar 2024 | CA$54.7b | CA$36.5b | CA$1.5b | 31.2x | 37.5x | 1.5x |
| Wed, 07 Feb 2024 | CA$48.8b | CA$35.8b | CA$1.3b | 33.2x | 37.5x | 1.4x |
| Fri, 05 Jan 2024 | CA$45.4b | CA$35.8b | CA$1.3b | 30.8x | 34.9x | 1.3x |
| Sun, 03 Dec 2023 | CA$45.3b | CA$35.8b | CA$1.3b | 30.1x | 34.8x | 1.3x |
| Tue, 31 Oct 2023 | CA$40.8b | CA$34.5b | CA$1.2b | 29.6x | 35.4x | 1.2x |
| Thu, 28 Sep 2023 | CA$43.6b | CA$34.6b | CA$1.1b | 29.9x | 41.4x | 1.3x |
| Sat, 26 Aug 2023 | CA$43.2b | CA$34.6b | CA$1.1b | 30.4x | 41.1x | 1.3x |
| Mon, 24 Jul 2023 | CA$41.4b | CA$33.1b | CA$858.5m | 34.1x | 48.2x | 1.3x |
| Wed, 21 Jun 2023 | CA$38.6b | CA$33.1b | CA$858.6m | 29.8x | 45x | 1.2x |
45x
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 1.43% | |
| Industrials | -1.15% | |
| Construction | -1.08% | |
| Construction and Engineering | -1.08% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ATRL AtkinsRéalis Group | CA$82.21 | 2.7% +CA$355.1m | -12.7% | PE5x | |
| BDGI Badger Infrastructure Solutions | CA$91.05 | 2.8% +CA$82.1m | 102.2% | PE38.6x | |
| ACL A.C.L. Construction | CA$0.18 | 12.5% +CA$1.5m | n/a | PS1x | |
| PWER Global Power Solutions | CA$0.24 | 14.3% +CA$729.5k | 20.0% | PE11.2x |