WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Europe, Middle East, India, Africa, Australia, Asia, New Zealand, and internationally.
Adequate balance sheet with acceptable track record.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WSP exceeded the Canadian Construction industry which returned -19.1% over the past year.
Return vs Market: WSP exceeded the Canadian Market which returned -24.5% over the past year.
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
1 week ago | Simply Wall StWSP Global Inc.'s (TSE:WSP) Could Be A Buy For Its Upcoming Dividend
2 weeks ago | Simply Wall StWas WSP Global Inc.'s (TSE:WSP) Earnings Growth Better Than The Industry's?
3 months ago | Simply Wall StDoes WSP Global Inc.'s (TSE:WSP) CEO Pay Compare Well With Peers?
Is WSP Global undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WSP (CA$78.89) is trading below our estimate of fair value (CA$102.49)
Significantly Below Fair Value: WSP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WSP is poor value based on its PE Ratio (29x) compared to the Construction industry average (12.3x).
PE vs Market: WSP is poor value based on its PE Ratio (29x) compared to the Canadian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: WSP is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: WSP is overvalued based on its PB Ratio (2.5x) compared to the CA Construction industry average (0.9x).
How is WSP Global forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WSP's forecast earnings growth (25% per year) is above the savings rate (1.4%).
Earnings vs Market: WSP's earnings (25% per year) are forecast to grow faster than the Canadian market (5.1% 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 (-4.2% per year).
High Growth Revenue: WSP's revenue is forecast to decline over the next 3 years (-4.2% 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 (13.7%).
How has WSP Global performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WSP has high quality earnings.
Growing Profit Margin: WSP's current net profit margins (3.2%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: WSP's earnings have grown by 18% per year over the past 5 years.
Accelerating Growth: WSP's earnings growth over the past year (15.5%) is below its 5-year average (18% per year).
Earnings vs Industry: WSP earnings growth over the past year (15.5%) underperformed the Construction industry 23.5%.
Return on Equity
High ROE: WSP's Return on Equity (8.6%) is considered low.
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$3.0B).
Long Term Liabilities: WSP's short term assets (CA$3.3B) exceed its long term liabilities (CA$2.3B).
Debt to Equity History and Analysis
Debt Level: WSP's debt to equity ratio (42%) is considered high.
Reducing Debt: WSP's debt to equity ratio has increased from 39.4% to 42% over the past 5 years.
Debt Coverage: WSP's debt is well covered by operating cash flow (58.2%).
Interest Coverage: WSP's interest payments on its debt are well covered by EBIT (4.5x coverage).
Inventory Level: WSP has a low level of unsold assets or inventory.
Debt Coverage by Assets: WSP's debt is covered by short term assets (assets are 2.3x debt).
What is WSP Global's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WSP's dividend (1.9%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.69%).
High Dividend: WSP's dividend (1.9%) is low compared to the top 25% of dividend payers in the Canadian market (8.7%).
Stability and Growth of Payments
Stable Dividend: WSP's dividend payments have been volatile in the past 10 years.
Growing Dividend: WSP's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.1%), WSP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WSP's dividends in 3 years are forecast to be well covered by earnings (32.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alexandre L'Heureux (46yo)
Mr. Alexandre J. L'Heureux, FCA, CFA, FCPA, serves as the Chief Executive Officer and President of WSP Global Inc. since October 2016. Mr. L'Heureux has also a Partner at Celtic Pharma Management L.P. He w ...
CEO Compensation Analysis
Compensation vs Market: Alexandre's total compensation ($USD4.63M) is above average for companies of similar size in the Canadian market ($USD3.30M).
Compensation vs Earnings: Alexandre's compensation has been consistent with company performance over the past year.
|Chief Operating Officer||5.92yrs||CA$2.78m||0.0010% CA$86.2k|
|Executive Officer||0.17yr||CA$2.68m||no data|
|President and CEO of Australia & New Zealand||8.25yrs||CA$1.67m||0.010% CA$869.0k|
|Chief Financial Officer||0.17yr||no data||0.0012% CA$101.3k|
|Chief Accounting and Treasury Officer||no data||no data||0.00052% CA$43.5k|
|Chief Information Officer||2.25yrs||no data||no data|
|Senior Vice President of Investor Relations & Communications||5.25yrs||no data||0.00079% CA$66.1k|
|Chief Ethics and Compliance Officer||2.08yrs||no data||no data|
|Chief Legal Officer & Corporate Secretary||0.75yr||no data||0.00036% CA$30.1k|
Experienced Management: WSP's management team is considered experienced (2.3 years average tenure).
|Vice Chairman of the Board||4.08yrs||CA$311.01k||0.60% CA$49.9m|
|Independent Director||2.92yrs||CA$195.00k||0.0029% CA$244.5k|
|Independent Director||0.92yr||no data||0.00094% CA$78.7k|
|Independent Chairman||no data||CA$357.25k||0.022% CA$1.8m|
|Non-Executive Independent Director||6.92yrs||CA$180.40k||0.0038% CA$315.6k|
|Non-Executive Independent Director||1.25yrs||no data||no data|
|Non-Executive Independent Director||3.92yrs||CA$180.00k||0.0046% CA$388.4k|
Experienced Board: WSP's board of directors are considered experienced (3.9 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
WSP Global Inc.'s company bio, employee growth, exchange listings and data sources
- Name: WSP Global Inc.
- Ticker: WSP
- Exchange: TSX
- Founded: 1959
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: CA$8.372b
- Shares outstanding: 106.12m
- Website: https://www.wsp.com
Number of Employees
- WSP Global Inc.
- 1600 Rene-Levesque Boulevard West
- 11th Floor
- H3H 1P9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WSP||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||May 2006|
|1W3||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 2006|
|WSPO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 2006|
WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Europe, 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. In addition, the company works with and advises businesses and governments in various areas of environmental consultancy. Further, it provides long-term operational management support services comprising first feasibility studies; advisory services, which comprise technical, financial, and environmental issues, as well as engineering design and energy simulations. Additionally, the company plans, designs, and supports the development of pipelines and gas networks; and offers services to maintain the integrity of critical assets, and obtain permits and consent for clients in the mining, and oil and gas industries. It also provides a range of consulting and engineering services, such as strategic studies, concept design, and productivity analysis, as well as engineering, procurement, and construction management contract services to the food and beverages, pharmaceutical and biotechnology, automotive, and chemicals industries. In addition, the company offers strategic advisory services comprising planning and advisory, management, and technology and sustainability services. The company was formerly known as GENIVAR Inc. and changed its name to WSP Global Inc. in January 2014. WSP Global Inc. was founded in 1959 and is headquartered in Montreal, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 00:14|
|End of Day Share Price||2020/04/03 00:00|
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.