WSP GLOBAL INC (WSP.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:WSP - CA92938W2022 - Common Stock
245.36 CAD
-0.25 (-0.1%)
WSP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 7 industry peers in the Construction & Engineering industry. WSP has only an average score on both its financial health and profitability. WSP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year WSP was profitable.
WSP had a positive operating cash flow in the past year.
In the past 5 years WSP has always been profitable.
In the past 5 years WSP always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of WSP (4.52%) is worse than 71.43% of its industry peers.
WSP's Return On Equity of 9.96% is on the low side compared to the rest of the industry. WSP is outperformed by 71.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.18%, WSP is in line with its industry, outperforming 42.86% of the companies in the same 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 33.49%.
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
The Profit Margin of WSP (4.84%) is comparable to the rest of the 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.
Looking at the Gross Margin, with a value of 75.60%, WSP belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WSP is destroying value.
Compared to 1 year ago, WSP has more shares outstanding
Compared to 5 years ago, WSP has more shares outstanding
WSP has a worse debt/assets ratio than last year.
2.2 Solvency
WSP has an Altman-Z score of 3.27. This indicates that WSP is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.27, WSP is doing good in the industry, outperforming 71.43% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 2.65, WSP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
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 | 3.27 |
ROIC/WACC0.98
WACC9.4%
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.
Looking at the Current ratio, with a value of 1.14, WSP is doing worse than 71.43% 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.
With a Quick ratio value of 1.14, WSP is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
WSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.86%, which is quite impressive.
WSP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.94% yearly.
WSP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.85%.
The Revenue has been growing by 12.64% on average over the past years. This is quite good.
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 15.87% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.07% on average over the next years.
EPS Next Y19.2%
EPS Next 2Y17.31%
EPS Next 3Y15.87%
EPS Next 5YN/A
Revenue Next Year13.61%
Revenue Next 2Y11.16%
Revenue Next 3Y9.68%
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
WSP is valuated quite expensively with a Price/Earnings ratio of 26.47.
WSP's Price/Earnings ratio is in line with the industry average.
WSP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.15.
Based on the Price/Forward Earnings ratio of 22.23, the valuation of WSP can be described as rather expensive.
71.43% of the companies in the same industry are cheaper than WSP, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.12. WSP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.47 | ||
| Fwd PE | 22.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WSP is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, WSP is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.07 | ||
| EV/EBITDA | 14.69 |
4.3 Compensation for Growth
WSP's 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.
WSP's earnings are expected to grow with 15.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.38
PEG (5Y)1.26
EPS Next 2Y17.31%
EPS Next 3Y15.87%
5. Dividend
5.1 Amount
WSP has a yearly dividend return of 0.55%, which is pretty low.
Compared to an average industry Dividend Yield of 1.44, WSP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, WSP's dividend is way lower than the S&P500 average.
| 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 2Y17.31%
EPS Next 3Y15.87%
TSX:WSP (11/27/2025, 7:00:00 PM)
245.36
-0.25 (-0.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners57.6%
Inst Owner ChangeN/A
Ins Owners0.45%
Ins Owner ChangeN/A
Market Cap32.05B
Revenue(TTM)18.10B
Net Income(TTM)875.00M
Analysts80
Price Target325.53 (32.67%)
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)1.94%
PT rev (3m)1.94%
EPS NQ rev (1m)-2.7%
EPS NQ rev (3m)-2.11%
EPS NY rev (1m)0.16%
EPS NY rev (3m)0.49%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)0.27%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-0.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.47 | ||
| Fwd PE | 22.23 | ||
| P/S | 1.77 | ||
| P/FCF | 17.07 | ||
| P/OCF | 15.75 | ||
| P/B | 3.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.69 |
EPS(TTM)9.27
EY3.78%
EPS(NY)11.04
Fwd EY4.5%
FCF(TTM)14.37
FCFY5.86%
OCF(TTM)15.58
OCFY6.35%
SpS138.55
BVpS67.27
TBVpS-15.19
PEG (NY)1.38
PEG (5Y)1.26
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 | 3.27 |
F-Score6
WACC9.4%
ROIC/WACC0.98
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 Y19.2%
EPS Next 2Y17.31%
EPS Next 3Y15.87%
EPS Next 5YN/A
Revenue 1Y (TTM)18.85%
Revenue growth 3Y16.29%
Revenue growth 5Y12.64%
Sales Q2Q%15.56%
Revenue Next Year13.61%
Revenue Next 2Y11.16%
Revenue Next 3Y9.68%
Revenue Next 5Y7.07%
EBIT growth 1Y26.5%
EBIT growth 3Y24.95%
EBIT growth 5Y21.17%
EBIT Next Year71.87%
EBIT Next 3Y28.3%
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 5 / 10 to WSP.CA.
Can you provide the valuation status for WSP GLOBAL INC?
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 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 26.47 and the Price/Book (PB) ratio is 3.65.
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%.