Professional
Added to YB: 2025-08-28
Pitch date: 2025-08-22
ARE.TO [bullish]
Aecon Group Inc.
+51.79%
current return
Author Info
Voss Capital is a hedge fund looking for value-oriented special situations. Sign up for the newsletter.
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 1.3B
Pitch Price
CAD 20.38
Price Target
35.00 (+13%)
Dividend
3.75%
EV/EBITDA
10.72
P/E
51.03
EV/Sales
0.31
Sector
Construction and Engineering
Category
value
Voss Value Fund Portfolio Holding: Aecon Group Inc.
ARE.TO: Nuclear (70% TTM revenue growth) & Utilities (13% YOY EBITDA growth) thriving vs struggling construction segments (<4.5% margins, 3 legacy projects wrapping by year-end). Building first North American grid-scale SMR. Sum-of-parts: 11x Nuclear, 10x Utilities, 6x construction = $35 target, 75% upside.
Read full article (2 min)