Some factsStantec and WSP reported equally good results with targets established at 14,5 to 15 x EBITDA which puts the valuation of SNC professional services based on 685m EBITDA in 2024 at 10B or 57$/sh
The net debt of 1.4B is more than covered with the 407 ETR share and other concessions (2B value).
The settlement of claims and other entitlements provide an additional cushion,