Added to YB: 2025-03-19
Pitch date: 2025-01-30
ARE.TO [bullish]
Aecon Group Inc.
+29.92%
current return
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 1.3B
Pitch Price
CAD 23.81
Price Target
50.00 (+62%)
Dividend
3.75%
EV/EBITDA
10.72
P/E
51.03
EV/Sales
0.31
Sector
Construction and Engineering
Category
growth
Aecon Group Inc. - $ARE.TO
ARE.TO: Nuclear services growing rapidly, 25% of profits. $1bn new contracts, 64% backlog growth. 5x 2025 EBITDA, cheap vs peers. Nuclear worth 15x EBITDA (entire market cap). 6.5x 2026 EBITDA = $40 (60% upside). Bull case: $50 (2x) in <2 years. Catalysts: nuclear growth, legacy project resolution, index buying.
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