Future OutlookCIA should benefit from underlying economic recovery (including construction and infrastructure investments). Based on earnings estimates, (expected to decline over the next three years), CIA is very cheap in comparison to historical multiples at approx 6x earnings, This as a value play for patient investors with a strong balance sheet (net cash of nearly $400M) and strong free cash flows since 2019. Things look decent here.
So said 5iResearch last week.