# WSP Global Inc. (WSP.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Industrials / Construction & Engineering. Price C$186.86, market value C$25.2 billion.

## Valuation
- **P/E (trailing): 26.7×** (5-yr avg 41.7×, 3-yr avg 40.6×). WSP Global Inc. trades at 26.7× trailing earnings, well below its own five-year average of 41.7×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 14.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.39**. A PEG of 0.39 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.3×**. Each dollar of revenue is priced at 1.3×.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.2×**. Enterprise value is 12.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 6.5%** (5-yr avg 3.9%). Free cash flow equals 6.5% of the market value, above its five-year average of 3.9%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.8%**. The inverse of the P/E: 3.8% of the price is earned each year.

## Profitability
- **Gross margin: 34.7%**. WSP Global Inc. keeps 34.7% of revenue after the direct cost of what it sells.
- **Operating margin: 10.3%**. 10.3% of revenue is left after running the business.
- **Net margin: 5.3%**. 5.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.8%**. 9.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 10.3%**. Return on all capital, debt included, is 10.3%.
- **Return on assets: 4.5%**. Each dollar of assets produces 4.5% of profit.

## Growth
- **Revenue growth (1 yr): 13.1%** (3-yr 15.3%/yr, 5-yr 15.7%/yr). Revenue grew 13.1% over the last year, against 15.7% a year compounded over five years.
- **EPS growth (1 yr): 36.8%** (3-yr 27.2%/yr, 5-yr 24.1%/yr). Earnings per share rose 36.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 43.9%/yr**. Free cash flow has compounded at 43.9% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.59**. Debt is 0.59 times equity, moderate leverage.
- **Net debt / EBITDA: 1.7×**. It would take 1.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 5.9×**. Operating profit covers interest 5.9× over, a safe margin.
- **Current ratio: 1.27** (quick 1.27). Current assets cover the next year's liabilities 1.27 times.
- **Altman Z-score: 3.28**. A Z-score of 3.28 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.80%** (C$1.50 per share, trailing). WSP Global Inc. yields 0.80%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 20%** (12% of free cash flow). 20% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 12**. 12 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): -33.3%** (YTD -24.5%, 3-mo 0.2%). The shares are down 33.3% over twelve months including dividends.
- **From 52-week high: -35.9%** (19.3% above the low). Trading 36% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.89** (volatility 31%). Beta of 0.89 against the S&P/TSX Composite: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=WSP.TO · Page: https://foliofundamentals.com/stocks/wsp.to

Not investment advice.