Added to YB: 2026-08-28
Pitch date: 2026-08-26
CGY.TO [neutral]
Calian Group Ltd.
-1.54%
current return
Author Info
Don Wharton is Executive Chair of SureSwift Capital Victoria. He writes about under-the-radar compounders. 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 870.2M
Pitch Price
CAD 76.51
Price Target
N/A
Dividend
1.48%
EV/EBITDA
10.94
P/E
22.69
EV/Sales
1.16
Sector
Commercial Services and Supplies
Category
growth
High Volatility for Calian and TerraVest After Earnings - $CGY.TO
CGY.TO (monitor): Q3 FY2026 revenue rose 20% to C$230M (16% organic) and adjusted EBITDA grew 35% to C$26M; backlog was C$1.4B, followed by a C$296M, 15-year British Army training agreement. Shares spiked 11% to C$95.90 then retraced to C$75.26 after already running from C$55. Management flagged pulled-forward demand that may affect Q4 and acquisition deployment below expectations, while maintaining mid-to-high-single-digit long-term organic growth. Analysts raised targets; Calian trades at ~11x forward EV/EBITDA versus peers at 15-17x.
Read full article (2 min)