We’ve recently updated our valuation analysis.

SNC-Lavalin Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SNC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA20.4x
PEG Ratio2.4x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SNC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average50.2x
STN Stantec
41x23.9%CA$7.8b
BDGI Badger Infrastructure Solutions
82.1x65.7%CA$1.1b
WSP WSP Global
48.3x26.0%CA$21.2b
ARE Aecon Group
29.2x61.8%CA$664.6m
SNC SNC-Lavalin Group
93.1x38.5%CA$5.2b

Price-To-Earnings vs Peers: SNC is expensive based on its Price-To-Earnings Ratio (93.1x) compared to the peer average (50.2x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a29.0%
n/an/an/a

Price-To-Earnings vs Industry: SNC is expensive based on its Price-To-Earnings Ratio (93.1x) compared to the North American Construction industry average (28.7x)


Price to Earnings Ratio vs Fair Ratio

What is SNC'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.

SNC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio93.1x
Fair PE Ratio39.2x

Price-To-Earnings vs Fair Ratio: SNC is expensive based on its Price-To-Earnings Ratio (93.1x) compared to the estimated Fair Price-To-Earnings Ratio (39.2x).


Share Price vs Fair Value

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

Below Fair Value: SNC (CA$29.53) is trading below our estimate of fair value (CA$53.96)

Significantly Below Fair Value: SNC is trading below fair value by more than 20%.


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 SNC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$29.53
CA$35.92
+21.6%
14.3%CA$45.00CA$25.00n/a13
Jan ’24CA$23.86
CA$35.38
+48.3%
14.4%CA$45.00CA$25.00n/a13
Dec ’23CA$24.59
CA$35.38
+43.9%
14.4%CA$45.00CA$25.00n/a13
Nov ’23CA$23.92
CA$36.31
+51.8%
14.1%CA$45.00CA$25.00n/a13
Oct ’23CA$23.00
CA$36.54
+58.9%
14.5%CA$45.00CA$25.00n/a13
Sep ’23CA$24.86
CA$36.93
+48.5%
14.3%CA$45.00CA$25.00n/a14
Aug ’23CA$23.94
CA$37.79
+57.8%
14.3%CA$45.00CA$25.00n/a14
Jul ’23CA$22.14
CA$38.71
+74.9%
10.4%CA$45.00CA$30.00n/a14
Jun ’23CA$25.22
CA$38.71
+53.5%
10.4%CA$45.00CA$30.00n/a14
May ’23CA$28.57
CA$40.43
+41.5%
10.6%CA$48.00CA$31.00n/a14
Apr ’23CA$30.11
CA$40.43
+34.3%
10.6%CA$48.00CA$31.00n/a14
Mar ’23CA$27.60
CA$41.50
+50.4%
8.8%CA$50.00CA$34.00n/a14
Feb ’23CA$28.86
CA$41.86
+45.0%
8.9%CA$50.00CA$34.00CA$29.5314
Jan ’23CA$30.91
CA$42.00
+35.9%
7.6%CA$50.00CA$38.00CA$23.8614
Dec ’22CA$30.51
CA$42.00
+37.7%
7.6%CA$50.00CA$38.00CA$24.5914
Nov ’22CA$32.93
CA$41.86
+27.1%
8.2%CA$50.00CA$36.00CA$23.9214
Oct ’22CA$34.61
CA$42.29
+22.2%
8.3%CA$50.00CA$36.00CA$23.0014
Sep ’22CA$34.82
CA$41.07
+18.0%
8.5%CA$46.00CA$33.00CA$24.8614
Aug ’22CA$33.20
CA$40.71
+22.6%
8.1%CA$46.00CA$33.00CA$23.9414
Jul ’22CA$32.25
CA$40.14
+24.5%
9.2%CA$46.00CA$33.00CA$22.1414
Jun ’22CA$32.55
CA$39.86
+22.4%
9.6%CA$44.00CA$31.00CA$25.2214
May ’22CA$27.49
CA$33.96
+23.6%
12.4%CA$40.00CA$25.00CA$28.5714
Apr ’22CA$27.15
CA$33.57
+23.7%
12.7%CA$40.00CA$25.00CA$30.1114
Mar ’22CA$26.71
CA$33.54
+25.6%
15.3%CA$42.00CA$24.00CA$27.6014
Feb ’22CA$22.12
CA$32.43
+46.6%
16.4%CA$41.00CA$24.00CA$28.8614

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies