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Calian Group Ltd.TSX:CGY Stock Report

Market Cap CA$807.4m
Share Price
CA$70.95
CA$84.75
16.3% undervalued intrinsic discount
1Y49.9%
7D1.0%
Portfolio Value
View

Calian Group Ltd.

TSX:CGY Stock Report

Market Cap: CA$807.4m

Calian Group (CGY) Stock Overview

Provides business services and solutions in Canada and internationally. More details

CGY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends3/6

CGY Community Fair Values

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See what 37 others think this stock is worth. Follow their fair value or set your own to get alerts.

Calian Group Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Calian Group
Historical stock prices
Current Share PriceCA$70.95
52 Week HighCA$85.16
52 Week LowCA$37.70
Beta0.89
1 Month Change-2.79%
3 Month Change5.25%
1 Year Change49.90%
3 Year Change13.43%
5 Year Change22.33%
Change since IPO1,133.91%

Recent News & Updates

CGY: Defence Partnerships And Credit Capacity Expansion Will Drive Future Upside

Analysts have lifted their average Calian Group price target toward the CA$78 to CA$80 range, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E, alongside recent target increases from multiple research shops. Analyst Commentary Recent Street research on Calian Group has centered on refreshed price targets in the CA$78 to CA$80 range and a generally constructive stance on the shares.

CGY: Defence Collaborations And Higher P E Assumptions Will Shape Future Upside

Calian Group's analyst price targets have been raised into a CA$78 to CA$80 range, with analysts pointing to their updated work on discount rates, revenue growth and P/E assumptions as support for the higher valuation. Analyst Commentary Recent research points to a cluster of higher price targets for Calian Group in the CA$78 to CA$80 range, with bullish analysts publishing updated work that feeds into these levels.

CGY: Defence Partnerships And Higher Earnings Expectations Will Shape Future Upside Potential

The fair value estimate for Calian Group has been nudged higher to CA$84.75, supported by analysts lifting their price targets to CA$78 and CA$80 and reflecting updated assumptions for revenue growth, profit margins and future P/E levels. Analyst Commentary Recent Street research on Calian Group points to a more constructive stance on the company, with several firms updating their price targets and formal coverage views.

CGY: Defence Partnerships And Refined Expectations Will Shape A Balanced Return Profile

The updated analyst price target for Calian Group edges higher to CA$84.07 from CA$82.64. This reflects analysts' refreshed views following a series of upward target revisions from CA$66 to CA$78 and from CA$63 to CA$80, as well as a new bullish initiation.

Recent updates

CGY: Defence Partnerships And Credit Capacity Expansion Will Drive Future Upside

Analysts have lifted their average Calian Group price target toward the CA$78 to CA$80 range, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E, alongside recent target increases from multiple research shops. Analyst Commentary Recent Street research on Calian Group has centered on refreshed price targets in the CA$78 to CA$80 range and a generally constructive stance on the shares.

CGY: Defence Collaborations And Higher P E Assumptions Will Shape Future Upside

Calian Group's analyst price targets have been raised into a CA$78 to CA$80 range, with analysts pointing to their updated work on discount rates, revenue growth and P/E assumptions as support for the higher valuation. Analyst Commentary Recent research points to a cluster of higher price targets for Calian Group in the CA$78 to CA$80 range, with bullish analysts publishing updated work that feeds into these levels.

CGY: Defence Partnerships And Higher Earnings Expectations Will Shape Future Upside Potential

The fair value estimate for Calian Group has been nudged higher to CA$84.75, supported by analysts lifting their price targets to CA$78 and CA$80 and reflecting updated assumptions for revenue growth, profit margins and future P/E levels. Analyst Commentary Recent Street research on Calian Group points to a more constructive stance on the company, with several firms updating their price targets and formal coverage views.

CGY: Defence Partnerships And Refined Expectations Will Shape A Balanced Return Profile

The updated analyst price target for Calian Group edges higher to CA$84.07 from CA$82.64. This reflects analysts' refreshed views following a series of upward target revisions from CA$66 to CA$78 and from CA$63 to CA$80, as well as a new bullish initiation.

CGY: Defence Collaboration And Cautious Buybacks Will Shape A Balanced Return Profile

Analysts have lifted their average Calian Group price target from about CA$73.38 to roughly CA$82.64. This reflects updated views on growth, profitability assumptions and a lower future P/E multiple, in line with recent target increases from CA$66 to CA$78 and from CA$63 to CA$80.

Calian Group (TSE:CGY) Has Announced A Dividend Of CA$0.28

Feb 16
Calian Group (TSE:CGY) Has Announced A Dividend Of CA$0.28

CGY: Defence Contracts And Buybacks Will Support A Balanced Future Return Profile

Analysts have lifted their price target on Calian Group to CA$73.38 from CA$67.00, citing a fresh bullish initiation and updated assumptions around the discount rate and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts point to the fresh initiation and updated discount rate assumptions as support for the higher CA$73.38 target, suggesting they see the risk profile as acceptable at this valuation.

Rising Defense And Space Demand Will Support This Undervalued Mission Critical Solutions Provider

Catalysts About Calian Group Calian Group provides mission critical solutions in defense, space, health care, IT and essential industries for government and commercial customers. What are the underlying business or industry changes driving this perspective?

CGY: Defence Contracts And Buybacks Will Support A Measured Future Return Profile

Analysts now see Calian Group’s fair value at about $67 per share, up from roughly $65.33. This reflects small adjustments to the discount rate, revenue growth, profit margin and expected future P/E assumptions.

CGY: Higher Fair Value And Defence Contracts Will Shape Balanced Return Outlook

Analysts have raised their price target on Calian Group to C$62 from C$59, reflecting updated fair value analysis and revised assumptions for discount rate, growth, margins, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the higher C$62 target as better aligning the share price with their updated fair value work, rather than as a stretch target.

Calian Group Ltd. (TSE:CGY) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable

Dec 11
Calian Group Ltd. (TSE:CGY) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable

These 4 Measures Indicate That Calian Group (TSE:CGY) Is Using Debt Extensively

Nov 21
These 4 Measures Indicate That Calian Group (TSE:CGY) Is Using Debt Extensively

Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Aug 16
Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Market Might Still Lack Some Conviction On Calian Group Ltd. (TSE:CGY) Even After 27% Share Price Boost

Jun 26
Market Might Still Lack Some Conviction On Calian Group Ltd. (TSE:CGY) Even After 27% Share Price Boost

Calian Group (TSE:CGY) Will Pay A Dividend Of CA$0.28

May 18
Calian Group (TSE:CGY) Will Pay A Dividend Of CA$0.28

Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

May 17
Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Is Calian Group (TSE:CGY) A Risky Investment?

May 15
Is Calian Group (TSE:CGY) A Risky Investment?
User avatar

Leveraging $50 Million NATO Contracts Will Expand US Defense Presence

Calian Group is leveraging geopolitical pressures to boost defense demand, driving consistent revenue and earnings growth through defense contracts and strategic hiring.

Calian Group (TSE:CGY) Will Pay A Dividend Of CA$0.28

Feb 18
Calian Group (TSE:CGY) Will Pay A Dividend Of CA$0.28

Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28

Dec 05
Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28

Some Investors May Be Willing To Look Past Calian Group's (TSE:CGY) Soft Earnings

Dec 04
Some Investors May Be Willing To Look Past Calian Group's (TSE:CGY) Soft Earnings

Calian Group's (TSE:CGY) Dividend Will Be CA$0.28

Aug 13
Calian Group's (TSE:CGY) Dividend Will Be CA$0.28

Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28

May 21
Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28

Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28

Feb 22
Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28

We Think Calian Group's (TSE:CGY) Profit Is Only A Baseline For What They Can Achieve

Feb 21
We Think Calian Group's (TSE:CGY) Profit Is Only A Baseline For What They Can Achieve

Shareholder Returns

CGYCA Commercial ServicesCA Market
7D1.0%0.5%-1.7%
1Y49.9%-8.4%33.8%

Return vs Industry: CGY exceeded the Canadian Commercial Services industry which returned -8.3% over the past year.

Return vs Market: CGY exceeded the Canadian Market which returned 35.3% over the past year.

Price Volatility

Is CGY's price volatile compared to industry and market?
CGY volatility
CGY Average Weekly Movement5.4%
Commercial Services Industry Average Movement6.9%
Market Average Movement10.8%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.9%

Stable Share Price: CGY has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CGY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19826,000Patrick Houstonwww.calian.com

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segments: Advanced Technologies, Health, Learning, and IT and Cyber Solutions. The company offers communication and connectivity products, such as antennas, RF solutions, software solutions, GNSS, satellite flight operations, and carrier and spectrum monitoring; and cybersecurity solutions, including risk assessment and compliance, penetration testing, IT infrastructure protection, penetration testing, cybersecurity training and awareness, RF emissions security, cyberattack simulations, incident response services, and cloud security services.

Calian Group Ltd. Fundamentals Summary

How do Calian Group's earnings and revenue compare to its market cap?
CGY fundamental statistics
Market capCA$807.38m
Earnings (TTM)CA$26.63m
Revenue (TTM)CA$797.06m
30.4x
P/E Ratio
1.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CGY income statement (TTM)
RevenueCA$797.06m
Cost of RevenueCA$525.68m
Gross ProfitCA$271.39m
Other ExpensesCA$244.76m
EarningsCA$26.63m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 14, 2026

Earnings per share (EPS)2.33
Gross Margin34.05%
Net Profit Margin3.34%
Debt/Equity Ratio51.2%

How did CGY perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
48%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 07:33
End of Day Share Price 2026/04/29 00:00
Earnings2025/12/31
Annual Earnings2025/09/30

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.

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 Github.

Analyst Sources

Calian Group Ltd. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Nicholas BoychukATB Cormark
Deepak KaushalBMO Capital Markets Equity Research