WSP GLOBAL INC (WSP.CA) Fundamental Analysis & Valuation

TSX:WSP • CA92938W2022

224.78 CAD
-1.83 (-0.81%)
Last: Mar 6, 2026, 07:00 PM
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This WSP.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to WSP. WSP was compared to 8 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of WSP get a neutral evaluation. Nothing too spectacular is happening here. WSP is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. WSP.CA Profitability Analysis

1.1 Basic Checks

  • WSP had positive earnings in the past year.
  • In the past year WSP had a positive cash flow from operations.
  • In the past 5 years WSP has always been profitable.
  • In the past 5 years WSP always reported a positive cash flow from operatings.
WSP.CA Yearly Net Income VS EBIT VS OCF VS FCFWSP.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.63%, WSP is doing worse than 62.50% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 9.80%, WSP is doing worse than 62.50% of the companies in the same industry.
  • WSP has a Return On Invested Capital (8.69%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for WSP is significantly below the industry average of 71.02%.
  • The 3 year average ROIC (8.13%) for WSP is below the current ROIC(8.69%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.63%
ROE 9.8%
ROIC 8.69%
ROA(3y)3.84%
ROA(5y)3.73%
ROE(3y)8.91%
ROE(5y)8.81%
ROIC(3y)8.13%
ROIC(5y)7.63%
WSP.CA Yearly ROA, ROE, ROICWSP.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • With a decent Profit Margin value of 5.64%, WSP is doing good in the industry, outperforming 62.50% of the companies in the same industry.
  • In the last couple of years the Profit Margin of WSP has grown nicely.
  • WSP has a Operating Margin of 10.37%. This is amongst the best in the industry. WSP outperforms 87.50% of its industry peers.
  • In the last couple of years the Operating Margin of WSP has grown nicely.
Industry RankSector Rank
OM 10.37%
PM (TTM) 5.64%
GM N/A
OM growth 3Y18.98%
OM growth 5Y15.05%
PM growth 3Y24.05%
PM growth 5Y17.12%
GM growth 3YN/A
GM growth 5YN/A
WSP.CA Yearly Profit, Operating, Gross MarginsWSP.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. WSP.CA Health Analysis

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.
  • Compared to 5 years ago, WSP has more shares outstanding
  • The debt/assets ratio for WSP has been reduced compared to a year ago.
WSP.CA Yearly Shares OutstandingWSP.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
WSP.CA Yearly Total Debt VS Total AssetsWSP.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • WSP has an Altman-Z score of 3.02. This indicates that WSP is financially healthy and has little risk of bankruptcy at the moment.
  • WSP has a Altman-Z score (3.02) which is in line with its industry peers.
  • WSP has a debt to FCF ratio of 2.38. This is a good value and a sign of high solvency as WSP would need 2.38 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 2.38, WSP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.44 indicates that WSP is not too dependend on debt financing.
  • WSP's Debt to Equity ratio of 0.44 is in line compared to the rest of the industry. WSP outperforms 50.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF 2.38
Altman-Z 3.02
ROIC/WACC0.96
WACC9.02%
WSP.CA Yearly LT Debt VS Equity VS FCFWSP.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 1.27 indicates that WSP should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.27, WSP is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • WSP has a Quick Ratio of 1.27. 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 decent Quick ratio value of 1.27, WSP is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.27
Quick Ratio 1.27
WSP.CA Yearly Current Assets VS Current LiabilitesWSP.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. WSP.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 19.45% 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 25.64% on average per year.
  • WSP shows a small growth in Revenue. In the last year, the Revenue has grown by 5.79%.
  • Measured over the past years, WSP shows a quite strong growth in Revenue. The Revenue has been growing by 9.66% on average per year.
EPS 1Y (TTM)19.45%
EPS 3Y18.69%
EPS 5Y25.64%
EPS Q2Q%13.25%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y5.37%
Revenue growth 5Y9.66%
Sales Q2Q%8.21%

3.2 Future

  • Based on estimates for the next years, WSP will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.48% on average per year.
  • WSP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.58% yearly.
EPS Next Y19.85%
EPS Next 2Y17.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year18.6%
Revenue Next 2Y13.47%
Revenue Next 3Y5.95%
Revenue Next 5Y5.58%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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.
WSP.CA Yearly Revenue VS EstimatesWSP.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B 15B
WSP.CA Yearly EPS VS EstimatesWSP.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8 10

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5

4. WSP.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • WSP is valuated rather expensively with a Price/Earnings ratio of 23.46.
  • 62.50% of the companies in the same industry are more expensive than WSP, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, WSP is valued at the same level.
  • With a Price/Forward Earnings ratio of 19.58, WSP is valued on the expensive side.
  • 75.00% of the companies in the same industry are more expensive than WSP, based on the Price/Forward Earnings ratio.
  • WSP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.60.
Industry RankSector Rank
PE 23.46
Fwd PE 19.58
WSP.CA Price Earnings VS Forward Price EarningsWSP.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, WSP is valued a bit cheaper than 75.00% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, WSP is valued cheaper than 100.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.48
EV/EBITDA 13.22
WSP.CA Per share dataWSP.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • WSP's earnings are expected to grow with 17.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.18
PEG (5Y)0.92
EPS Next 2Y17.48%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. WSP.CA Dividend Analysis

5.1 Amount

  • WSP has a yearly dividend return of 0.56%, which is pretty low.
  • WSP's Dividend Yield is comparable with the industry average which is at 0.89.
  • With a Dividend Yield of 0.56, WSP pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.56%

5.2 History

  • The dividend of WSP is nicely growing with an annual growth rate of 12.89%!
  • 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)12.89%
Div Incr Years1
Div Non Decr Years4
WSP.CA Yearly Dividends per shareWSP.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • WSP pays out 20.29% of its income as dividend. This is a sustainable payout ratio.
  • WSP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP20.29%
EPS Next 2Y17.48%
EPS Next 3YN/A
WSP.CA Yearly Income VS Free CF VS DividendWSP.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
WSP.CA Dividend Payout.WSP.CA Dividend Payout, showing the Payout Ratio.WSP.CA Dividend Payout.PayoutRetained Earnings

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WSP.CA Fundamentals: All Metrics, Ratios and Statistics

WSP GLOBAL INC

TSX:WSP (3/6/2026, 7:00:00 PM)

224.78

-1.83 (-0.81%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)02-25
Earnings (Next)05-05
Inst Owners55.82%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap30.30B
Revenue(TTM)17.10B
Net Income(TTM)964.30M
Analysts82.11
Price Target338.8 (50.73%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.56%
Yearly Dividend1.48
Dividend Growth(5Y)12.89%
DP20.29%
Div Incr Years1
Div Non Decr Years4
Ex-Date03-31
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.58%
Min EPS beat(2)0.14%
Max EPS beat(2)5.03%
EPS beat(4)4
Avg EPS beat(4)2.36%
Min EPS beat(4)0.14%
Max EPS beat(4)5.03%
EPS beat(8)7
Avg EPS beat(8)2.07%
EPS beat(12)11
Avg EPS beat(12)2.48%
EPS beat(16)14
Avg EPS beat(16)2.6%
Revenue beat(2)0
Avg Revenue beat(2)-0.96%
Min Revenue beat(2)-1.87%
Max Revenue beat(2)-0.06%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-1.87%
Max Revenue beat(4)0.28%
Revenue beat(8)4
Avg Revenue beat(8)3.6%
Revenue beat(12)7
Avg Revenue beat(12)5.75%
Revenue beat(16)11
Avg Revenue beat(16)12.81%
PT rev (1m)0.12%
PT rev (3m)4.08%
EPS NQ rev (1m)-1.32%
EPS NQ rev (3m)-3.21%
EPS NY rev (1m)1.4%
EPS NY rev (3m)3.27%
Revenue NQ rev (1m)-0.43%
Revenue NQ rev (3m)1.28%
Revenue NY rev (1m)8.58%
Revenue NY rev (3m)8.96%
Valuation
Industry RankSector Rank
PE 23.46
Fwd PE 19.58
P/S 1.77
P/FCF 14.48
P/OCF 13.49
P/B 3.08
P/tB N/A
EV/EBITDA 13.22
EPS(TTM)9.58
EY4.26%
EPS(NY)11.48
Fwd EY5.11%
FCF(TTM)15.53
FCFY6.91%
OCF(TTM)16.66
OCFY7.41%
SpS126.86
BVpS73
TBVpS-9.39
PEG (NY)1.18
PEG (5Y)0.92
Graham Number125.44
Profitability
Industry RankSector Rank
ROA 4.63%
ROE 9.8%
ROCE 11.84%
ROIC 8.69%
ROICexc 9.82%
ROICexgc 60.29%
OM 10.37%
PM (TTM) 5.64%
GM N/A
FCFM 12.24%
ROA(3y)3.84%
ROA(5y)3.73%
ROE(3y)8.91%
ROE(5y)8.81%
ROIC(3y)8.13%
ROIC(5y)7.63%
ROICexc(3y)8.79%
ROICexc(5y)8.35%
ROICexgc(3y)50.38%
ROICexgc(5y)47.98%
ROCE(3y)11.07%
ROCE(5y)10.39%
ROICexgc growth 3Y16.35%
ROICexgc growth 5Y9.92%
ROICexc growth 3Y12.63%
ROICexc growth 5Y4.17%
OM growth 3Y18.98%
OM growth 5Y15.05%
PM growth 3Y24.05%
PM growth 5Y17.12%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.82
Health
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF 2.38
Debt/EBITDA 1.71
Cap/Depr 20.35%
Cap/Sales 0.89%
Interest Coverage 7.5
Cash Conversion 88.95%
Profit Quality 217.06%
Current Ratio 1.27
Quick Ratio 1.27
Altman-Z 3.02
F-Score8
WACC9.02%
ROIC/WACC0.96
Cap/Depr(3y)22.64%
Cap/Depr(5y)23.83%
Cap/Sales(3y)1.12%
Cap/Sales(5y)1.19%
Profit Quality(3y)180.81%
Profit Quality(5y)178.16%
High Growth Momentum
Growth
EPS 1Y (TTM)19.45%
EPS 3Y18.69%
EPS 5Y25.64%
EPS Q2Q%13.25%
EPS Next Y19.85%
EPS Next 2Y17.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.79%
Revenue growth 3Y5.37%
Revenue growth 5Y9.66%
Sales Q2Q%8.21%
Revenue Next Year18.6%
Revenue Next 2Y13.47%
Revenue Next 3Y5.95%
Revenue Next 5Y5.58%
EBIT growth 1Y22.91%
EBIT growth 3Y25.37%
EBIT growth 5Y26.16%
EBIT Next Year79.95%
EBIT Next 3Y24.24%
EBIT Next 5Y16.21%
FCF growth 1Y71.83%
FCF growth 3Y47.8%
FCF growth 5Y15.19%
OCF growth 1Y62.53%
OCF growth 3Y40.21%
OCF growth 5Y14.83%

WSP GLOBAL INC / WSP.CA FAQ

What is the fundamental rating for WSP stock?

ChartMill assigns a fundamental rating of 5 / 10 to WSP.CA.


What is the valuation status of WSP GLOBAL INC (WSP.CA) stock?

ChartMill assigns a valuation rating of 4 / 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 5 / 10.


Can you provide the PE and PB ratios for WSP stock?

The Price/Earnings (PE) ratio for WSP GLOBAL INC (WSP.CA) is 23.46 and the Price/Book (PB) ratio is 3.08.


Can you provide the financial health for WSP stock?

The financial health rating of WSP GLOBAL INC (WSP.CA) is 6 / 10.