CFRA Pt. 1QUANTITATIVE STOCK REPORT | April 28, 2024 | TSX : ARE Aecon Group Inc. Recommendation [as of April 26, 2024]: BUY Risk Evaluation: MODERATE Price: 17.05 (Apr 26, 2024 close)
Trading Currency: CAD Country: Canada GICS Sector: Industrials SPGMI's Quality Ranking: B
GICS Industry: Construction & Engineering Business Summary:
Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil contd...
Quantitative Model Drivers [as of April 26, 2024] Recommendation: BUY
Valuation Quality Growth Street Sentiment Price Momentum Neutral NeutralPositive Neutral Neutral Price Performance Risk Evaluation : MODERATE Asset/Market Size Risk Moderate Financial Leverage Risk Moderate Price Volatility Risk Moderate Liquidity Risk Moderate Relative Strength vs Index As Reported Earnings vs Previous Year 40-Week Mov. Avg. Up Down No Change Volume Quantitative Ranking Below Avg. Above Avg. Quantitative Rankings: SB = Strong Buy, H = Hold, SS = Strong Sell Past performance is not an indication of future performance and should not be relied upon as such. Source: CFRA, S&P Global Market Intelligence (SPGMI) Total Return[%CAGR] YTD 1Yr 3Yr 5Yr TSX:ARE 132.5 42.6 2.4 2.9 Peer Average 47.3 40.9 11.9 9.3 S&P/TSX Composite Index 18.0 11.0 7.7 9.0 Model Ranking Commentary TSX: ARE's BUY recommendation is based on its score from CFRA's quantitative model for Canada. Growth and Valuation model sub-categories are the two largest drivers of TSX: ARE's BUY recommendation. Growth includes factors that measure EPS growth and stability and cash flow growth and stability. Valuation includes factors such as price to earnings, price to cash flow, and enterprise value to book value. TSX: ARE's overall score ranked in the 26th percentile of all stocks in the model universe (1 = best and 100 = worst). Dividend Data Currency: CAD 5Yr Low 5Yr Hi Indicated Rate/ Share Yield [%] Nil 2.7 8.8 Payout Ratio [%] 35.6 29 197.7 Payment Details Amount [CAD] Ex Div Date Record Date Payment Date 0.19 Mar 21 Mar 22 Apr 03, 2024 0.185 Dec 21 Dec 22 Jan 03, 2024 0.185 Sep 21 Sep 22 Oct 03, 2023 0.185 Jun 22 Jun 23 Jul 05, 2023 Key Statistics Market Cap (Mln of USD) 1,062 52-Wk Range (CAD) 8.420 - 17.400 Value of - 10K Invested 5 Yrs ago 11,326 Beta vs S&P/TSX Composite Index 1.20 Common Shares Outstanding(Mln) 62.3 Average Daily Volume (Mln) 0.339 Insider Ownership(%) NA Compound Annual Growth Rates Revenue - %CAGR 1Yr 3Yr 5Yr Company -9.0 6.3 5.4 Peer Average 15.5 10.0 5.5 Operating EPS - %CAGR Company 325.2 25.5 18.6 Peer Average -463.4 -10.0 12.3 5 year P/E Ratio Comparisons [forward 12-month Diluted EPS estimates] Current TSX:ARE 12.3 Peer Average 12.9 S&P/TSX Composite Index 17.5 5-Year Average TSX:ARE 15.8 Peer Average 15.4 S&P/TSX Composite Index 15.7 Source: CFRA, S&P Global Market Intelligence (SPGMI) This document is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Refer to important disclosures at the end of this report. 1