WSP Global
Market Cap
CA$14.6b
Last Updated
2021/04/11 23:05 UTC
Data Sources
Company Financials +
Executive Summary
WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Europe, the Middle East, India, Africa, Australia, Asia, New Zealand, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has WSP Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WSP is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: WSP's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.7%
WSP
1.8%
CA Construction
1.0%
CA Market
1 Year Return
47.8%
WSP
41.3%
CA Construction
39.2%
CA Market
Return vs Industry: WSP exceeded the Canadian Construction industry which returned 41.3% over the past year.
Return vs Market: WSP exceeded the Canadian Market which returned 39.2% over the past year.
Shareholder returns
| WSP | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 1.8% | 1.0% |
| 30 Day | 7.4% | 5.1% | 1.3% |
| 90 Day | 1.5% | 7.0% | 8.1% |
| 1 Year | 50.1%47.8% | 43.3%41.3% | 44.0%39.2% |
| 3 Year | 111.8%100.1% | 22.9%17.1% | 32.2%19.6% |
| 5 Year | 255.6%215.6% | 63.2%47.9% | 59.4%35.3% |
Long-Term Price Volatility Vs. Market
How volatile is WSP Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
WSP Global Inc. (TSE:WSP) Is About To Go Ex-Dividend, And It Pays A 1.2% Yield1 month ago | Simply Wall St
Is WSP Global Inc. (TSE:WSP) Popular Amongst Institutions?1 month ago | Simply Wall St
Estimating The Fair Value Of WSP Global Inc. (TSE:WSP)Valuation
Is WSP Global undervalued compared to its fair value and its price relative to the market?
49.64x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WSP (CA$124.54) is trading above our estimate of fair value (CA$72.13)
Significantly Below Fair Value: WSP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WSP is poor value based on its PE Ratio (49.6x) compared to the CA Construction industry average (43.2x).
PE vs Market: WSP is poor value based on its PE Ratio (49.6x) compared to the Canadian market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: WSP is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: WSP is overvalued based on its PB Ratio (3.5x) compared to the CA Construction industry average (2.9x).
Future Growth
How is WSP Global forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
24.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WSP's forecast earnings growth (24.9% per year) is above the savings rate (1.5%).
Earnings vs Market: WSP's earnings (24.9% per year) are forecast to grow faster than the Canadian market (21.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WSP's revenue is expected to decline over the next 3 years (-0.6% per year).
High Growth Revenue: WSP's revenue is forecast to decline over the next 3 years (-0.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WSP's Return on Equity is forecast to be low in 3 years time (12%).
Past Performance
How has WSP Global performed over the past 5 years?
9.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WSP has high quality earnings.
Growing Profit Margin: WSP's current net profit margins (3.1%) are lower than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: WSP's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: WSP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WSP had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Construction industry average (7.5%).
Return on Equity
High ROE: WSP's Return on Equity (6.8%) is considered low.
Financial Health
How is WSP Global's financial position?
Financial Position Analysis
Short Term Liabilities: WSP's short term assets (CA$3.3B) exceed its short term liabilities (CA$3.2B).
Long Term Liabilities: WSP's short term assets (CA$3.3B) exceed its long term liabilities (CA$1.6B).
Debt to Equity History and Analysis
Debt Level: WSP's debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: WSP's debt to equity ratio has reduced from 34.8% to 14.1% over the past 5 years.
Debt Coverage: WSP's debt is well covered by operating cash flow (195.9%).
Interest Coverage: WSP's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
Dividend
What is WSP Global current dividend yield, its reliability and sustainability?
1.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WSP's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.49%).
High Dividend: WSP's dividend (1.2%) is low compared to the top 25% of dividend payers in the Canadian market (4.81%).
Stability and Growth of Payments
Stable Dividend: WSP's dividend payments have been volatile in the past 10 years.
Growing Dividend: WSP's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.8%), WSP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WSP's dividends in 3 years are forecast to be well covered by earnings (32.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Alexandre L'Heureux (47 yo)
4.5yrs
Tenure
CA$7,033,276
Compensation
Mr. Alexandre J. L'Heureux, FCA, CFA, FCPA, serves as the Chief Executive Officer and President of WSP Global Inc. since October 2016. Mr. L'Heureux has also a Partner at Celtic Pharma Management L.P. He w...
CEO Compensation Analysis
Compensation vs Market: Alexandre's total compensation ($USD5.60M) is about average for companies of similar size in the Canadian market ($USD7.04M).
Compensation vs Earnings: Alexandre's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: WSP's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: WSP's board of directors are considered experienced (4.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.3%.
Top Shareholders
Company Information
WSP Global Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: WSP Global Inc.
- Ticker: WSP
- Exchange: TSX
- Founded: 1885
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: CA$14.583b
- Shares outstanding: 117.09m
- Website: https://www.wsp.com
Number of Employees
Location
- WSP Global Inc.
- 1600 Rene-Levesque Boulevard West
- 11th Floor
- Montreal
- Quebec
- H3H 1P9
- Canada
Listings
Biography
WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Europe, the Middle East, India, Africa, Australia, Asia, New Zealand, and inter...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 23:05 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.