Company Valuation: CGI Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,262 24,613 31,217 35,041 27,354 22,793 - -
Change - -6.28% 26.83% 12.25% -21.94% -16.67% - -
Enterprise Value (EV) 1 28,723 27,623 33,288 36,880 30,821 26,042 25,180 24,622
Change - -3.83% 20.51% 10.79% -16.43% -15.51% -3.31% -2.22%
P/E 19.9x 17.2x 19.5x 21.3x 16.9x 12.8x 11.4x 10.4x
PBR 3.84x 3.47x 4.26x 3.98x 2.65x 2.22x 2.09x 1.95x
PEG - 1.5x 1.4x 3.25x 30.88x 0.7x 0.9x 1.05x
Capitalization / Revenue 2.17x 1.91x 2.18x 2.39x 1.72x 1.38x 1.34x 1.3x
EV / Revenue 2.37x 2.15x 2.33x 2.51x 1.94x 1.57x 1.48x 1.41x
EV / EBITDA 11.7x 10.8x 11.8x 12.5x 9.56x 7.84x 7.36x 6.87x
EV / EBIT 14.7x 13.2x 14.4x 15.3x 11.8x 9.63x 8.93x 8.33x
EV / FCF 14.4x 18.6x 17x 17.6x 14.6x 12.5x 11.6x 11.1x
FCF Yield 6.94% 5.38% 5.87% 5.68% 6.87% 8% 8.61% 9.03%
Dividend per Share 2 - - - - 0.6 0.68 0.754 0.8614
Rate of return - - - - 0.48% 0.61% 0.68% 0.77%
EPS 2 5.41 6.04 6.86 7.31 7.35 8.693 9.783 10.75
Distribution rate - - - - 8.16% 7.82% 7.71% 8.02%
Net sales 1 12,127 12,867 14,296 14,676 15,913 16,560 16,988 17,472
EBITDA 1 2,463 2,561 2,832 2,953 3,225 3,323 3,422 3,586
EBIT 1 1,952 2,087 2,313 2,416 2,611 2,705 2,819 2,954
Net income 1 1,369 1,466 1,631 1,693 1,658 1,826 1,967 2,084
Net Debt 1 2,460 3,010 2,071 1,839 3,467 3,249 2,388 1,830
Reference price 2 107.59 103.99 133.88 155.62 123.96 111.48 111.48 111.48
Nbr of stocks (in thousands) 244,097 236,691 233,174 225,172 220,666 204,456 - -
Announcement Date 11/10/21 A 11/9/22 A 11/8/23 A 11/6/24 A 11/5/25 A - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.76x1.57x7.8x0.61% 16.16B
25.33x4.08x14.17x2.67% 239B
23.17x4.86x11.92x0.71% 199B
16.62x1.89x9.72x2.85% 144B
-135.05x18.59x102.21x-.--% 120B
-549.83x39.07x160.49x-.--% 113B
16.04x2.89x11.15x5.02% 93.45B
22.42x5.82x14.3x2.52% 66.94B
14.75x2.13x9.07x5.16% 47.77B
24.9x2.07x13.12x1.25% 48.79B
Average -52.89x 8.30x 35.40x 2.08% 108.88B
Weighted average by Cap. -55.46x 8.97x 37.49x 1.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - CGI Inc.

Historical PBR trend

Valuation ratios - PBR - CGI Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - CGI Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - CGI Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - CGI Inc.