Company Valuation: Stantec Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,902 7,187 12,134 12,864 14,774 10,984 - -
Change - -9.05% 68.85% 6.02% 14.84% -25.65% - -
Enterprise Value (EV) 1 9,664 8,339 12,934 14,037 16,224 12,631 12,134 12,156
Change - -13.7% 55.1% 8.52% 15.58% -22.15% -3.93% 0.18%
P/E 39.5x 29.2x 35.7x 35.6x 30.8x 18.9x 15.5x 14.1x
PBR - - - - - - - -
PEG - 1.3x 1x 5.58x 0.9x 0.8x 0.7x 1.44x
Capitalization / Revenue 2.17x 1.61x 2.4x 2.19x 2.27x 1.55x 1.46x 1.39x
EV / Revenue 2.66x 1.87x 2.55x 2.39x 2.5x 1.78x 1.62x 1.54x
EV / EBITDA 16.8x 11.5x 15.6x 14.3x 14.2x 9.85x 8.88x 8.3x
EV / EBIT 27.5x 18.9x 23.6x 21.2x 20.5x 13.1x 11.8x 11x
EV / FCF 27.9x 110x 40.5x 36.9x 25.3x 20.5x 15.8x 14.1x
FCF Yield 3.58% 0.91% 2.47% 2.71% 3.95% 4.88% 6.34% 7.08%
Dividend per Share 2 0.66 0.72 0.78 0.84 0.9 0.975 1.017 1.03
Rate of return 0.93% 1.11% 0.73% 0.74% 0.69% 1% 1.04% 1.05%
EPS 2 1.8 2.22 2.98 3.17 4.2 5.165 6.317 6.935
Distribution rate 36.7% 32.4% 26.2% 26.5% 21.4% 18.9% 16.1% 14.9%
Net sales 1 3,636 4,457 5,066 5,867 6,495 7,090 7,506 7,877
EBITDA 1 573.8 723.9 831 980.3 1,144 1,282 1,366 1,464
EBIT 1 352 440.4 547.4 661.7 792 963 1,032 1,108
Net income 1 200.7 247 331.2 361.5 479.4 600.2 710 779.5
Net Debt 1 1,762 1,153 799.7 1,172 1,450 1,647 1,150 1,172
Reference price 2 71.07 64.88 106.38 112.78 129.52 97.72 97.72 97.72
Nbr of stocks (in thousands) 111,186 110,766 114,067 114,067 114,067 112,400 - -
Announcement Date 2/23/22 A 2/22/23 A 2/28/24 A 2/25/25 A 2/25/26 A - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
56.12x2.59x24.69x0.07% 97.59B
12.25x1.05x5.75x4.77% 70.29B
34.15x4.3x23.32x0.2% 58.29B
26.07x2.01x19.74x1.13% 55.68B
50.74x4.04x25.56x1.91% 39.91B
27.22x0.68x11.26x2.27% 34.06B
23.27x1.59x14.65x0.2% 33.62B
21.79x0.43x6.88x2.79% 29.56B
4.92x0.31x5.78x5.98% 26.22B
Average 28.50x 1.89x 15.29x 2.15% 49.47B
Weighted average by Cap. 32.09x 2.13x 16.90x 1.83%

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