AtkinsRéalis Group Inc.

TSX:ATRL Stock Report

Market Cap: CA$13.2b

AtkinsRéalis Group Valuation

Is ATRL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ATRL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ATRL (CA$74.81) is trading below our estimate of fair value (CA$90.09)

Significantly Below Fair Value: ATRL is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ATRL?

Key metric: As ATRL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ATRL. This is calculated by dividing ATRL's market cap by their current earnings.
What is ATRL's PE Ratio?
PE Ratio40.7x
EarningsCA$321.42m
Market CapCA$13.15b

Price to Earnings Ratio vs Peers

How does ATRL's PE Ratio compare to its peers?

The above table shows the PE ratio for ATRL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.1x
STN Stantec
36.9x23.2%CA$13.0b
WSP WSP Global
51.5x24.6%CA$33.3b
BDT Bird Construction
15.6x27.2%CA$1.4b
BDGI Badger Infrastructure Solutions
20.4x37.8%CA$1.3b
ATRL AtkinsRéalis Group
40.7x27.4%CA$13.2b

Price-To-Earnings vs Peers: ATRL is expensive based on its Price-To-Earnings Ratio (40.7x) compared to the peer average (31.1x).

Price to Earnings Ratio vs Industry

How does ATRL's PE Ratio compare vs other companies in the North American Construction Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ATRL 40.7xIndustry Avg. 32.5xNo. of Companies8PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ATRL is expensive based on its Price-To-Earnings Ratio (40.7x) compared to the North American Construction industry average (32.9x).

Price to Earnings Ratio vs Fair Ratio

What is ATRL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ATRL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40.7x
Fair PE Ratio33x

Price-To-Earnings vs Fair Ratio: ATRL is expensive based on its Price-To-Earnings Ratio (40.7x) compared to the estimated Fair Price-To-Earnings Ratio (33x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ATRL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$74.81
CA$83.08
+11.1%
9.1%CA$98.00CA$65.00n/a13
Dec ’25CA$76.02
CA$80.85
+6.3%
8.8%CA$98.00CA$65.00n/a13
Nov ’25CA$67.96
CA$70.15
+3.2%
9.4%CA$87.00CA$58.00n/a13
Oct ’25CA$55.72
CA$68.08
+22.2%
7.0%CA$76.00CA$58.00n/a12
Sep ’25CA$52.78
CA$68.08
+29.0%
7.0%CA$76.00CA$58.00n/a12
Aug ’25CA$58.64
CA$66.92
+14.1%
6.9%CA$76.00CA$58.00n/a12
Jul ’25CA$59.22
CA$66.50
+12.3%
6.6%CA$73.00CA$58.00n/a12
Jun ’25CA$53.34
CA$61.38
+15.1%
7.8%CA$68.00CA$49.50n/a12
May ’25CA$53.30
CA$60.59
+13.7%
8.6%CA$66.00CA$46.50n/a13
Apr ’25CA$55.25
CA$60.12
+8.8%
8.8%CA$66.00CA$46.50n/a13
Mar ’25CA$51.08
CA$54.46
+6.6%
8.1%CA$66.00CA$46.50n/a12
Feb ’25CA$46.06
CA$51.96
+12.8%
7.4%CA$57.00CA$43.50n/a12
Jan ’25CA$42.66
CA$50.12
+17.5%
8.8%CA$55.00CA$39.00n/a13
Dec ’24CA$42.94
CA$49.96
+16.4%
9.1%CA$55.00CA$39.00CA$76.0213
Nov ’24CA$38.58
CA$48.33
+25.3%
7.4%CA$53.00CA$40.00CA$67.9612
Oct ’24CA$45.31
CA$47.58
+5.0%
7.6%CA$52.00CA$40.00CA$55.7212
Sep ’24CA$43.23
CA$46.58
+7.8%
8.9%CA$52.00CA$39.00CA$52.7812
Aug ’24CA$38.26
CA$41.33
+8.0%
6.7%CA$45.00CA$37.00CA$58.6412
Jul ’24CA$34.75
CA$40.50
+16.5%
8.0%CA$45.00CA$35.00CA$59.2212
Jun ’24CA$32.34
CA$40.50
+25.2%
8.0%CA$45.00CA$35.00CA$53.3412
May ’24CA$31.77
CA$36.67
+15.4%
8.9%CA$41.00CA$31.00CA$53.3012
Apr ’24CA$33.22
CA$36.33
+9.4%
9.9%CA$41.00CA$30.00CA$55.2512
Mar ’24CA$28.39
CA$35.33
+24.5%
13.9%CA$45.00CA$25.00CA$51.0812
Feb ’24CA$29.53
CA$35.33
+19.7%
13.9%CA$45.00CA$25.00CA$46.0612
Jan ’24CA$23.86
CA$35.38
+48.3%
14.4%CA$45.00CA$25.00CA$42.6613
Dec ’23CA$24.59
CA$35.38
+43.9%
14.4%CA$45.00CA$25.00CA$42.9413

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 02:04
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AtkinsRéalis Group Inc. is covered by 24 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Christopher MurrayATB Capital Markets
Devin DodgeBMO Capital Markets Equity Research