Financials Stantec Inc.

Equities

STN

CA85472N1096

Construction & Engineering

Market Closed - Toronto S.E. 04:15:06 2024-04-26 pm EDT 5-day change 1st Jan Change
111.8 CAD +0.40% Intraday chart for Stantec Inc. +3.04% +5.09%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,083 4,628 7,902 7,187 12,134 12,753 - -
Enterprise Value (EV) 1 4,840 5,024 9,664 8,339 12,134 14,194 13,899 13,951
P/E ratio 21.1 x 29.1 x 39.5 x 29.2 x 35.7 x 29.4 x 24.7 x 22 x
Yield 1.58% 1.5% 0.93% 1.11% - 0.75% 0.78% -
Capitalization / Revenue 1.1 x 1.26 x 2.17 x 1.61 x 2.4 x 2.22 x 2.04 x 1.93 x
EV / Revenue 1.3 x 1.36 x 2.66 x 1.87 x 2.4 x 2.47 x 2.22 x 2.11 x
EV / EBITDA 8.43 x 8.68 x 16.8 x 11.5 x 14.6 x 14.7 x 12.9 x 12.2 x
EV / FCF 12.2 x 8.82 x 44.3 x 110 x - 34 x 26.7 x 25.4 x
FCF Yield 8.18% 11.3% 2.26% 0.91% - 2.94% 3.75% 3.94%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 111,260 112,104 111,186 110,766 114,067 114,067 - -
Reference price 2 36.70 41.28 71.07 64.88 106.4 111.8 111.8 111.8
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,711 3,684 3,636 4,457 5,066 5,742 6,259 6,624
EBITDA 1 574.4 578.9 573.8 723.9 831 964.5 1,076 1,144
EBIT 1 333.5 350.1 352 440.4 547.4 645.7 762 860
Operating Margin 8.99% 9.5% 9.68% 9.88% 10.8% 11.24% 12.17% 12.98%
Earnings before Tax (EBT) 1 265.5 216.7 263 325.1 427.2 582.4 695.3 -
Net income 1 194.4 171.1 200.7 247 331.2 429 511.8 560
Net margin 5.24% 4.64% 5.52% 5.54% 6.54% 7.47% 8.18% 8.45%
EPS 2 1.740 1.420 1.800 2.220 2.980 3.803 4.533 5.090
Free Cash Flow 1 395.8 569.6 218 75.7 - 417.1 520.5 550.2
FCF margin 10.66% 15.46% 6% 1.7% - 7.26% 8.32% 8.31%
FCF Conversion (EBITDA) 68.91% 98.39% 37.99% 10.46% - 43.24% 48.38% 48.09%
FCF Conversion (Net income) 203.6% 332.9% 108.62% 30.65% - 97.23% 101.7% 98.24%
Dividend per Share 2 0.5800 0.6200 0.6600 0.7200 - 0.8338 0.8700 -
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 932.9 916.2 1,050 1,117 1,160 1,130 1,228 1,279 1,317 1,242 1,362 1,466 1,499 1,409 1,517
EBITDA 1 156 142.1 152.2 186.7 193.3 191.7 179.1 216 241.3 194.6 211.5 252.8 271.3 227.8 240.6
EBIT 100.8 88.2 83.1 116.2 122.6 118.5 - - - 125.5 - - - - -
Operating Margin 10.81% 9.63% 7.91% 10.41% 10.57% 10.48% - - - 10.1% - - - - -
Earnings before Tax (EBT) 1 88 23.9 58.8 79.4 89.1 97.8 83.8 - - 95.8 107 138.1 163.1 129.6 -
Net income 1 70 16.6 44.8 60.7 68 73.5 64.9 88 - 74.4 82.9 106.9 126.2 99.8 -
Net margin 7.5% 1.81% 4.27% 5.44% 5.86% 6.5% 5.28% 6.88% - 5.99% 6.09% 7.29% 8.42% 7.09% -
EPS 2 0.6300 0.1500 0.4000 0.5500 0.6100 0.6600 0.5900 0.7900 0.9400 0.6600 0.8800 1.070 1.060 0.8100 1.120
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/23/22 5/11/22 8/10/22 11/10/22 2/22/23 5/10/23 8/9/23 11/9/23 2/28/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 757 396 1,762 1,153 - 1,442 1,146 1,198
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.318 x 0.6841 x 3.07 x 1.593 x - 1.495 x 1.065 x 1.047 x
Free Cash Flow 1 396 570 218 75.7 - 417 521 550
ROE (net income / shareholders' equity) 11.9% 13.1% 13.7% 16.2% - 16.7% 17.6% 18.9%
ROA (Net income/ Total Assets) - - 5.61% 6.38% - 7.5% 8.2% -
Assets 1 - - 3,575 3,871 - 5,719 6,241 -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 4.060 5.390 3.560 2.740 - 6.310 6.560 -
Capex 1 56.7 34.2 50.6 74.9 - 105 107 107
Capex / Sales 1.53% 0.93% 1.39% 1.68% - 1.82% 1.71% 1.62%
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
111.8 CAD
Average target price
124.1 CAD
Spread / Average Target
+10.97%
Consensus
  1. Stock Market
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  3. STN Stock
  4. Financials Stantec Inc.