WSP GLOBAL INC (WSP.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:WSP - CA92938W2022 - Common Stock
248.23 CAD
-1.52 (-0.61%)
Overall WSP gets a fundamental rating of 6 out of 10. We evaluated WSP against 7 industry peers in the Construction & Engineering industry. WSP has only an average score on both its financial health and profitability. WSP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
WSP had positive earnings in the past year.
WSP had a positive operating cash flow in the past year.
WSP had positive earnings in each of the past 5 years.
Each year in the past 5 years WSP had a positive operating cash flow.
1.2 Ratios
WSP has a Return On Assets of 4.52%. This is in the lower half of the industry: WSP underperforms 71.43% of its industry peers.
With a Return On Equity value of 9.96%, WSP is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
The Return On Invested Capital of WSP (9.18%) is comparable to the rest of the industry.
WSP had an Average Return On Invested Capital over the past 3 years of 7.42%. This is significantly below the industry average of 71.07%.
The last Return On Invested Capital (9.18%) for WSP is above the 3 year average (7.42%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.52% | ||
| ROE | 9.96% | ||
| ROIC | 9.18% |
ROA(3y)3.27%
ROA(5y)3.43%
ROE(3y)8.04%
ROE(5y)8.21%
ROIC(3y)7.42%
ROIC(5y)7.37%
1.3 Margins
Looking at the Profit Margin, with a value of 4.84%, WSP is in line with its industry, outperforming 57.14% of the companies in the same industry.
WSP's Profit Margin has improved in the last couple of years.
WSP has a better Operating Margin (9.39%) than 71.43% of its industry peers.
In the last couple of years the Operating Margin of WSP has grown nicely.
WSP has a Gross Margin of 75.60%. This is amongst the best in the industry. WSP outperforms 100.00% of its industry peers.
WSP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.39% | ||
| PM (TTM) | 4.84% | ||
| GM | 75.6% |
OM growth 3Y7.44%
OM growth 5Y7.57%
PM growth 3Y-2.93%
PM growth 5Y5.58%
GM growth 3Y-0.56%
GM growth 5Y-0.51%
2. Health
2.1 Basic Checks
WSP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for WSP has been increased compared to 1 year ago.
WSP has more shares outstanding than it did 5 years ago.
WSP has a worse debt/assets ratio than last year.
2.2 Solvency
WSP has an Altman-Z score of 3.29. This indicates that WSP is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WSP (3.29) is better than 71.43% of its industry peers.
WSP has a debt to FCF ratio of 2.65. This is a good value and a sign of high solvency as WSP would need 2.65 years to pay back of all of its debts.
WSP has a Debt to FCF ratio of 2.65. This is amongst the best in the industry. WSP outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that WSP is not too dependend on debt financing.
WSP has a Debt to Equity ratio (0.47) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.65 | ||
| Altman-Z | 3.29 |
ROIC/WACC0.97
WACC9.43%
2.3 Liquidity
WSP has a Current Ratio of 1.14. This is a normal value and indicates that WSP is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.14, WSP perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
WSP has a Quick Ratio of 1.14. This is a normal value and indicates that WSP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.14, WSP is in line with its industry, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.86% over the past year.
Measured over the past years, WSP shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.94% on average per year.
WSP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.85%.
WSP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.64% yearly.
EPS 1Y (TTM)20.86%
EPS 3Y16.44%
EPS 5Y20.94%
EPS Q2Q%25.89%
Revenue 1Y (TTM)18.85%
Revenue growth 3Y16.29%
Revenue growth 5Y12.64%
Sales Q2Q%15.56%
3.2 Future
The Earnings Per Share is expected to grow by 16.44% on average over the next years. This is quite good.
Based on estimates for the next years, WSP will show a small growth in Revenue. The Revenue will grow by 7.07% on average per year.
EPS Next Y20.46%
EPS Next 2Y18.14%
EPS Next 3Y16.44%
EPS Next 5YN/A
Revenue Next Year13.26%
Revenue Next 2Y11.22%
Revenue Next 3Y9.53%
Revenue Next 5Y7.07%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 26.78 indicates a quite expensive valuation of WSP.
Compared to the rest of the industry, the Price/Earnings ratio of WSP indicates a somewhat cheap valuation: WSP is cheaper than 71.43% of the companies listed in the same industry.
WSP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.77.
The Price/Forward Earnings ratio is 22.17, which indicates a rather expensive current valuation of WSP.
Based on the Price/Forward Earnings ratio, WSP is valued a bit more expensive than the industry average as 71.43% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.35, WSP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.78 | ||
| Fwd PE | 22.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WSP is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
100.00% of the companies in the same industry are more expensive than WSP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.27 | ||
| EV/EBITDA | 14.85 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
WSP has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as WSP's earnings are expected to grow with 16.44% in the coming years.
PEG (NY)1.31
PEG (5Y)1.28
EPS Next 2Y18.14%
EPS Next 3Y16.44%
5. Dividend
5.1 Amount
With a yearly dividend of 0.55%, WSP is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.09, WSP has a dividend in line with its industry peers.
With a Dividend Yield of 0.55, WSP pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
5.2 History
The dividend of WSP is nicely growing with an annual growth rate of 14.72%!
WSP has paid a dividend for at least 10 years, which is a reliable track record.
WSP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)14.72%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
22.14% of the earnings are spent on dividend by WSP. This is a low number and sustainable payout ratio.
WSP's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP22.14%
EPS Next 2Y18.14%
EPS Next 3Y16.44%
TSX:WSP (12/30/2025, 7:00:00 PM)
248.23
-1.52 (-0.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners57.45%
Inst Owner ChangeN/A
Ins Owners0.45%
Ins Owner ChangeN/A
Market Cap32.42B
Revenue(TTM)18.10B
Net Income(TTM)875.00M
Analysts81.05
Price Target326.49 (31.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
Yearly Dividend1.47
Dividend Growth(5Y)14.72%
DP22.14%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.82%
Min EPS beat(2)2.61%
Max EPS beat(2)5.03%
EPS beat(4)4
Avg EPS beat(4)2.81%
Min EPS beat(4)1.66%
Max EPS beat(4)5.03%
EPS beat(8)7
Avg EPS beat(8)2.49%
EPS beat(12)11
Avg EPS beat(12)3.11%
EPS beat(16)14
Avg EPS beat(16)3.25%
Revenue beat(2)0
Avg Revenue beat(2)-1.7%
Min Revenue beat(2)-1.87%
Max Revenue beat(2)-1.53%
Revenue beat(4)2
Avg Revenue beat(4)-0.54%
Min Revenue beat(4)-1.87%
Max Revenue beat(4)0.95%
Revenue beat(8)4
Avg Revenue beat(8)3.34%
Revenue beat(12)8
Avg Revenue beat(12)9.27%
Revenue beat(16)12
Avg Revenue beat(16)15.15%
PT rev (1m)0.3%
PT rev (3m)2.24%
EPS NQ rev (1m)-0.52%
EPS NQ rev (3m)-3.21%
EPS NY rev (1m)1.06%
EPS NY rev (3m)1.22%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.22%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.78 | ||
| Fwd PE | 22.17 | ||
| P/S | 1.79 | ||
| P/FCF | 17.27 | ||
| P/OCF | 15.93 | ||
| P/B | 3.69 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.85 |
EPS(TTM)9.27
EY3.73%
EPS(NY)11.19
Fwd EY4.51%
FCF(TTM)14.37
FCFY5.79%
OCF(TTM)15.58
OCFY6.28%
SpS138.55
BVpS67.27
TBVpS-15.19
PEG (NY)1.31
PEG (5Y)1.28
Graham Number118.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.52% | ||
| ROE | 9.96% | ||
| ROCE | 12.46% | ||
| ROIC | 9.18% | ||
| ROICexc | 9.66% | ||
| ROICexgc | 56.54% | ||
| OM | 9.39% | ||
| PM (TTM) | 4.84% | ||
| GM | 75.6% | ||
| FCFM | 10.38% |
ROA(3y)3.27%
ROA(5y)3.43%
ROE(3y)8.04%
ROE(5y)8.21%
ROIC(3y)7.42%
ROIC(5y)7.37%
ROICexc(3y)7.84%
ROICexc(5y)8.02%
ROICexgc(3y)43.25%
ROICexgc(5y)43.64%
ROCE(3y)10.06%
ROCE(5y)9.98%
ROICexgc growth 3Y-0.61%
ROICexgc growth 5Y10.43%
ROICexc growth 3Y-1.72%
ROICexc growth 5Y0.95%
OM growth 3Y7.44%
OM growth 5Y7.57%
PM growth 3Y-2.93%
PM growth 5Y5.58%
GM growth 3Y-0.56%
GM growth 5Y-0.51%
F-Score6
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.65 | ||
| Debt/EBITDA | 1.67 | ||
| Cap/Depr | 20.86% | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | 7.19 | ||
| Cash Conversion | 82.9% | ||
| Profit Quality | 214.57% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 3.29 |
F-Score6
WACC9.43%
ROIC/WACC0.97
Cap/Depr(3y)25.14%
Cap/Depr(5y)23.67%
Cap/Sales(3y)1.22%
Cap/Sales(5y)1.18%
Profit Quality(3y)158.5%
Profit Quality(5y)209.53%
High Growth Momentum
Growth
EPS 1Y (TTM)20.86%
EPS 3Y16.44%
EPS 5Y20.94%
EPS Q2Q%25.89%
EPS Next Y20.46%
EPS Next 2Y18.14%
EPS Next 3Y16.44%
EPS Next 5YN/A
Revenue 1Y (TTM)18.85%
Revenue growth 3Y16.29%
Revenue growth 5Y12.64%
Sales Q2Q%15.56%
Revenue Next Year13.26%
Revenue Next 2Y11.22%
Revenue Next 3Y9.53%
Revenue Next 5Y7.07%
EBIT growth 1Y26.5%
EBIT growth 3Y24.95%
EBIT growth 5Y21.17%
EBIT Next Year69.93%
EBIT Next 3Y31.08%
EBIT Next 5Y18.98%
FCF growth 1Y196.23%
FCF growth 3Y9.07%
FCF growth 5Y12.86%
OCF growth 1Y149.05%
OCF growth 3Y9.24%
OCF growth 5Y11.16%
WSP GLOBAL INC / WSP.CA FAQ
What is the ChartMill fundamental rating of WSP GLOBAL INC (WSP.CA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to WSP.CA.
Can you provide the valuation status for WSP GLOBAL INC?
ChartMill assigns a valuation rating of 5 / 10 to WSP GLOBAL INC (WSP.CA). This can be considered as Fairly Valued.
How profitable is WSP GLOBAL INC (WSP.CA) stock?
WSP GLOBAL INC (WSP.CA) has a profitability rating of 6 / 10.
What is the valuation of WSP GLOBAL INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for WSP GLOBAL INC (WSP.CA) is 26.78 and the Price/Book (PB) ratio is 3.69.
How sustainable is the dividend of WSP GLOBAL INC (WSP.CA) stock?
The dividend rating of WSP GLOBAL INC (WSP.CA) is 5 / 10 and the dividend payout ratio is 22.14%.