company background image
WSP

WSP GlobalTSX:WSP Stock Report

Last Price

CA$165.07

Market Cap

CA$19.4b

7D

-3.5%

1Y

37.0%

Updated

26 Jan, 2022

Data

Company Financials +
WSP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends2/6

WSP Stock Overview

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.

WSP Global Competitors

SNC-Lavalin Group

TSX:SNC

CA$4.6b

Accenture

NYSE:ACN

US$211.7b

International Business Machines

NYSE:IBM

US$122.1b

Infosys

NSEI:INFY

₹7.2t

Price History & Performance

Summary of all time highs, changes and price drops for WSP Global
Historical stock prices
Current Share PriceCA$165.07
52 Week HighCA$187.94
52 Week LowCA$109.69
Beta1.03
1 Month Change-9.12%
3 Month Change-2.13%
1 Year Change37.01%
3 Year Change156.16%
5 Year Change260.57%
Change since IPO1,400.64%

Recent News & Updates

Jan 10
Should You Be Adding WSP Global (TSE:WSP) To Your Watchlist Today?

Should You Be Adding WSP Global (TSE:WSP) To Your Watchlist Today?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Dec 14
Is WSP Global (TSE:WSP) A Risky Investment?

Is WSP Global (TSE:WSP) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Nov 29
A Look At The Intrinsic Value Of WSP Global Inc. (TSE:WSP)

A Look At The Intrinsic Value Of WSP Global Inc. (TSE:WSP)

In this article we are going to estimate the intrinsic value of WSP Global Inc. ( TSE:WSP ) by taking the expected...

Shareholder Returns

WSPCA ConstructionCA Market
7D-3.5%-4.5%-2.9%
1Y37.0%26.6%16.1%

Return vs Industry: WSP exceeded the Canadian Construction industry which returned 27% over the past year.

Return vs Market: WSP exceeded the Canadian Market which returned 15% over the past year.

Price Volatility

Is WSP's price volatile compared to industry and market?
WSP volatility
WSP Average Weekly Movement3.6%
Construction Industry Average Movement4.3%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market3.7%

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.

About the Company

FoundedEmployeesCEOWebsite
188555,300Alexandre L'Heureuxhttps://www.wsp.com

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. The company advises, plans, designs, and manages projects for rail transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners. It also provides engineering and consultancy services, such as decarbonisation strategies, SMART building design, structural and mechanical, electrical, and plumbing engineering services.

WSP Global Fundamentals Summary

How do WSP Global's earnings and revenue compare to its market cap?
WSP fundamental statistics
Market CapCA$19.44b
Earnings (TTM)CA$415.80m
Revenue (TTM)CA$9.64b

46.8x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WSP income statement (TTM)
RevenueCA$9.64b
Cost of RevenueCA$7.79b
Gross ProfitCA$1.85b
ExpensesCA$1.43b
EarningsCA$415.80m

Last Reported Earnings

Sep 25, 2021

Next Earnings Date

Mar 10, 2022

Earnings per share (EPS)3.53
Gross Margin19.16%
Net Profit Margin4.31%
Debt/Equity Ratio38.8%

How did WSP perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

42%

Payout Ratio

Valuation

Is WSP Global undervalued compared to its fair value and its price relative to the market?

46.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: WSP (CA$165.07) is trading above our estimate of fair value (CA$137.63)

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 (46.8x) compared to the North American Construction industry average (25.7x).

PE vs Market: WSP is poor value based on its PE Ratio (46.8x) compared to the Canadian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: WSP is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: WSP is overvalued based on its PB Ratio (4.2x) compared to the CA Construction industry average (2.1x).


Future Growth

How is WSP Global forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

17.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WSP's forecast earnings growth (17.9% per year) is above the savings rate (1.6%).

Earnings vs Market: WSP's earnings (17.9% per year) are forecast to grow faster than the Canadian market (10.9% per year).

High Growth Earnings: WSP's earnings are forecast to grow, but not significantly.

Revenue vs Market: WSP's revenue (5.1% per year) is forecast to grow slower than the Canadian market (5.6% per year).

High Growth Revenue: WSP's revenue (5.1% per year) is forecast to grow slower than 20% 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 (15.8%).


Past Performance

How has WSP Global performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WSP has high quality earnings.

Growing Profit Margin: WSP's current net profit margins (4.3%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: WSP's earnings have grown by 12.4% per year over the past 5 years.

Accelerating Growth: WSP's earnings growth over the past year (68%) exceeds its 5-year average (12.4% per year).

Earnings vs Industry: WSP earnings growth over the past year (68%) exceeded the Construction industry 21.2%.


Return on Equity

High ROE: WSP's Return on Equity (9.1%) is considered low.


Financial Health

How is WSP Global's financial position?


Financial Position Analysis

Short Term Liabilities: WSP's short term assets (CA$4.1B) exceed its short term liabilities (CA$3.4B).

Long Term Liabilities: WSP's short term assets (CA$4.1B) exceed its long term liabilities (CA$3.1B).


Debt to Equity History and Analysis

Debt Level: WSP's net debt to equity ratio (24.9%) is considered satisfactory.

Reducing Debt: WSP's debt to equity ratio has increased from 38.2% to 38.8% over the past 5 years.

Debt Coverage: WSP's debt is well covered by operating cash flow (52%).

Interest Coverage: WSP's interest payments on its debt are well covered by EBIT (9x coverage).


Balance Sheet


Dividend

What is WSP Global current dividend yield, its reliability and sustainability?

0.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WSP's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.63%).

High Dividend: WSP's dividend (0.91%) is low compared to the top 25% of dividend payers in the Canadian market (4.88%).


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 fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.7%), WSP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WSP's dividends in 3 years are forecast to be well covered by earnings (22.2% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Capital Goods industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Alexandre L'Heureux (48 yo)

5.25yrs

Tenure

CA$6,896,597

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 ($USD5.46M) is about average for companies of similar size in the Canadian market ($USD6.14M).

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 years average tenure).


Board Members

Experienced Board: WSP's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: WSP insiders have only sold shares 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 3.7%.


Top Shareholders

Company Information

WSP Global Inc.'s 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
  • Implied Market Cap: CA$19.442b
  • Shares outstanding: 117.78m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 01:04
End of Day Share Price2022/01/25 00:00
Earnings2021/09/25
Annual Earnings2020/12/31


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.