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 21,470 - -
Change - -6.28% 26.83% 12.25% -21.94% -21.51% - -
Enterprise Value (EV) 1 28,723 27,623 33,288 36,880 30,821 24,487 23,511 23,356
Change - -3.83% 20.51% 10.79% -16.43% -20.55% -3.98% -0.66%
P/E 19.9x 17.2x 19.5x 21.3x 16.9x 12.1x 10.8x 9.92x
PBR 3.84x 3.47x 4.26x 3.98x 2.65x 2.1x 1.95x 1.79x
PEG - 1.5x 1.4x 3.25x 30.88x 0.7x 0.9x 1.07x
Capitalization / Revenue 2.17x 1.91x 2.18x 2.39x 1.72x 1.3x 1.27x 1.23x
EV / Revenue 2.37x 2.15x 2.33x 2.51x 1.94x 1.48x 1.39x 1.34x
EV / EBITDA 11.7x 10.8x 11.8x 12.5x 9.56x 7.45x 6.82x 6.47x
EV / EBIT 14.7x 13.2x 14.4x 15.3x 11.8x 9.02x 8.34x 7.92x
EV / FCF 14.4x 18.6x 17x 17.6x 14.6x 11.5x 10.7x 10.2x
FCF Yield 6.94% 5.38% 5.87% 5.68% 6.87% 8.66% 9.38% 9.76%
Dividend per Share 2 - - - - 0.6 0.68 0.749 0.8614
Rate of return - - - - 0.48% 0.65% 0.71% 0.82%
EPS 2 5.41 6.04 6.86 7.31 7.35 8.694 9.689 10.59
Distribution rate - - - - 8.16% 7.82% 7.73% 8.13%
Net sales 1 12,127 12,867 14,296 14,676 15,913 16,543 16,928 17,397
EBITDA 1 2,463 2,561 2,832 2,953 3,225 3,286 3,447 3,613
EBIT 1 1,952 2,087 2,313 2,416 2,611 2,716 2,820 2,948
Net income 1 1,369 1,466 1,631 1,693 1,658 1,836 1,972 2,090
Net Debt 1 2,460 3,010 2,071 1,839 3,467 3,017 2,041 1,887
Reference price 2 107.59 103.99 133.88 155.62 123.96 105.01 105.01 105.01
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.58x3.66x12.74x2.97% 214B
12.19x1.35x7.06x3.94% 101B
-94.69x14.98x86.7x-.--% 93.71B
15.55x2.84x10.74x5.29% 90.82B
22.25x5.73x14.09x2.58% 65.81B
14.48x2.11x8.93x5.39% 46.87B
21.14x1.71x10.78x1.4% 39.21B
17.96x2.28x10.94x4.84% 37.35B
20.7x1.53x9.73x0.95% 36.38B
Average 5.80x 4.02x 19.08x 3.04% 80.59B
Weighted average by Cap. 4.14x 4.50x 20.78x 3.04%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield