Added to YB: 2026-09-14
Pitch date: 2026-07-05
ARE.TO [bullish]
Aecon Group Inc.
Author Info
No bio for this author
Company Info
Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally.
Market Cap
CAD 3.1B
Pitch Price
N/A
Price Target
93.00
Dividend
1.69%
EV/EBITDA
14.42
P/E
-45.07
EV/Sales
0.56
Sector
Construction and Engineering
Category
growth
Aecon Group Inc. - $ARE.TO
ARE.TO: Aecon has shifted from a legacy-project special situation to a secular infrastructure-growth story, yet trades at 8.5x estimated 2027 EBITDA versus 20x+ for U.S. peers. A C$1.7B data-center award could add roughly C$58M, or 15%, to 2027 EBITDA, while legacy projects near final closure. A 13-15x multiple implies 50-80% upside over 6-12 months; project overruns and slower growth remain key risks.
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