ARE : Aecon Group Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Aecon Group Inc trades with the ticker ARE on the TSX and is in the Engineering & Construction industry.

Overview
Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, financing, and operation of construction projects by way of public-private partnership contract structures. This segment also provides development of domestic international public-private partnership; private finance solution; developing strategic partnerships; leading and/or participating in development teams; and operations and maintenance of infrastructure assets services. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1867 and is headquartered in Toronto, Canada.
 

Looking to invest in Aecon Group Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ARE.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $1060.397MM

PE Ratio: 7.938

Price: 126.87 (Updated: 3/12/2024 0:47:16)



Aecon Group Inc (ARE) vs Competitors in Engineering & Construction

Lets see how ARE.TO stacks up against others in the Engineering & Construction asset management industry. We have identified its main peers as:

Badger Daylighting Ltd, DIRTT Environmental Solutions Ltd, Horizon North Logistics Inc, SNC-Lavalin Group Inc, Stantec Inc

.

Engineering & Construction Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aecon Group Inc (ARE) $1,060.397 7.938 2.154 4.6%
Badger Daylighting Ltd (BAD) $1,404.608 310.0 17.692 1.4%
DIRTT Environmental Solutions Ltd (DRT) $126.133 N/A -545.647 N/A%
Horizon North Logistics Inc (HNL) $371.053 3.28 9.512 5.2%
SNC-Lavalin Group Inc (SNC) $7,634.844 92.532 16.832 0.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Engineering & Construction

  • Aecon Group Inc (ARE) vs Badger Daylighting Ltd (BAD)
    • ARE has higher EPS (2.1 vs 0.13). ARE has higher dividend yield (4.6% vs 1.4%). BAD has a higher P/E ratio (310.0 vs 7.938) indicating it’s more expensive.
  • Aecon Group Inc (ARE) vs DIRTT Environmental Solutions Ltd (DRT)
    • ARE has higher EPS (2.1 vs -0.17). ARE provides dividends, while DRT does not. DRT has a P/E under 0, indicating ARE (P/E 7.938) is in a better position.
  • Aecon Group Inc (ARE) vs Horizon North Logistics Inc (HNL)
    • ARE has higher EPS (2.1 vs 1.744). HNL has higher dividend yield (5.2% vs 4.6%). ARE has a higher P/E ratio (7.938 vs 3.28) indicating it’s more expensive.
  • Aecon Group Inc (ARE) vs SNC-Lavalin Group Inc (SNC)
    • ARE has higher EPS (2.1 vs 0.47). ARE has higher dividend yield (4.6% vs 0.2%). SNC has a higher P/E ratio (92.532 vs 7.938) indicating it’s more expensive.
  • Aecon Group Inc (ARE) vs Stantec Inc (STN)
    • STN has higher EPS (2.98 vs 2.1). ARE has higher dividend yield (4.6% vs 0.7%). STN has a higher P/E ratio (38.507 vs 7.938) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (7.94) than the industry average (107.07), indicating potential undervaluation.
 

How to Buy ARE stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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