TSX:IBG.DB.E - Post by User
Post by
Oakboy1110on Mar 15, 2021 5:03pm
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Post# 32801274
Comparison of IBI Group with Stantec and WSP Global
Comparison of IBI Group with Stantec and WSP GlobalEBITDA has been adjusted for IFRS16 which is standard for the industry.
IBI was the only one of the group to show. growth in 2020 over the year ended 2019.
IBI growth was 4.3% and the othe two reported no growth.
Adjusted EBITDA margin for IBI was 15.5% in the middle between Stantec at 15.7% and
WSP golbal at 15.4%.
IBI leads the group with ratio of net debt to adjusted EBITDA of 0.9 (IBI discloses 1.3 having
not adjusted for IFRS16), Stantec at 0.7 and WSP at 0.1(WSP did share issue during year)
Other than size, IBI's operating metrics compare favourable with its peers.
Next posting shows how significantly undervalued IBI is to its peers.