Added to YB: 2025-11-03
Pitch date: 2025-10-30
CGY.TO [bullish]
Calian Group Ltd.
+66.77%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segments: Advanced Technologies, Health, Learning, and IT and Cyber Solutions.
Market Cap
CAD 938.7M
Pitch Price
CAD 49.60
Price Target
69.80 (-14%)
Dividend
N/A
EV/EBITDA
13.06
P/E
29.19
EV/Sales
1.31
Sector
Commercial Services and Supplies
Category
value
Small-Cap Gem Set to Win from Defense Spending
CGY.TO: Defense now 67% of backlog, up from 33%. 20-30% EBITDA margin defense work vs 10-12% co avg. Buys at 3-6x EBITDA, generates >20% ROIC & ~50% EBITDA growth in 2yrs post-deal. IT issues resolving, easier comps ahead. 1yr PT $69.80 (+40%) at 12.5% margin, 9x EV/EBITDA. 5yr PT $159 (+215%) on 6% growth.
Read full article (12 min)