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IBI Group Inc T.IBG.DB.E

IBI Group Inc. is a global design and technology company. The Company offers a range of services, including architectural controls, architecture, bridge engineering, civil engineering, construction management, data analytics, design technology, development engineering, economics/financial analysis, electrical engineering, energy solutions, engineering, environmental assessment, geomatics/land surveying, highway and road design, and indigenous engagement and relations. The Company¿s services also include interiors, land use planning, landscape architecture, mechanical engineering, municipal infrastructure, operations and maintenance, parametric design, placemaking, planning and urban design, public outreach, research and development, software development, systems engineering, traffic engineering, transit planning, transportation engineering, visualization, water resources management, and water/wastewater. The Company has over 60 offices in major urban centers across the globe.


TSX:IBG.DB.E - Post by User

Post by Oakboy1110on Mar 15, 2021 5:16pm
218 Views
Post# 32802531

IBI Group continues to be undervalued compared to peers

IBI Group continues to be undervalued compared to peersPRICE/EBITDA ratio for IBI is 6.0, Stantec is 10.1 and WSP is 12.1 (Share price Mar12/21)
If IBI were to trade at Stantec multiple, IBI share price would be $16.26 and at WSP multilple, share price would be $19.48.
This ia an improvement from a year ago when share price discount was 58%. The discount at Mar 12 was 41%. We made up a little today with price closing at $9.94 now a 39% discount. Possibly because of size and no dividend, IBI share price may not get to $16.26 but it should be at least significantly higher than $10.
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