AtkinsRéalis Group (ATRL) Fair Value & Analysis

Industrials · CA · Market cap C$14.3B

A solid business, screening 48% undervalued on our models.

What matters now

• The price is below even our cautious bear case (C$101.12). The market is more pessimistic than our downside scenario.
• Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range C$21.65 – C$105.91 · fair‑value band C$101.12 – C$168.53 · the C$90.80 price screens below the C$134.83 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

AtkinsRéalis Group (ATRL) currently trades at C$90.80, while our model-based Fair Value estimate is C$134.83, implying the stock looks roughly 48.5% undervalued today. We read business quality at 55/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, AtkinsRéalis Group generated revenue of C$11.5B at a net margin of 23.2%. Revenue grew 17.8% year over year. It earns a return on equity of 57.0%. Net debt stands at C$558M. Fundamentals as of Jul 14, 2026

Our scenario range runs from C$101.12 (bear case) to C$168.53 (bull case); at C$90.80, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. Analysts expect earnings well below the last reported figure (earnings in transition, for example expiring patents or contracts); a fair value that looks fair on trailing earnings may then be too optimistic. The share trades about 15% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 48%, ATRL screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Widest divergence: Growth Earnings (C$288.58) versus Asset-Based (C$22.65). Highest evidence: Growth DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

AtkinsRéalis Group Inc., together with its subsidiaries, provides professional services and project management, and capital investment services in the United Kingdom, Canada, the United States, Saudi Arabia, and internationally. It operates through eight segments: Canada, UKI, USLA, AMEA, Nuclear, Linxon, LSTK Projects, and Capital.

Full company description

AtkinsRéalis Group Inc., together with its subsidiaries, provides professional services and project management, and capital investment services in the United Kingdom, Canada, the United States, Saudi Arabia, and internationally. It operates through eight segments: Canada, UKI, USLA, AMEA, Nuclear, Linxon, LSTK Projects, and Capital. The company provides consultancy, strategy, advisory, engineering, design, project and program management and project delivery services for building and places, defence, industrial, power and renewables, and transportation and water markets; and operations, maintenance, and asset management solutions for various assets. It also offers services for clients across the nuclear life cycle from consultancy, engineering, procurement and construction management, field, technology, decommissioning, and waste management services, as well as spare parts; and new-build and full refurbishment services for reactors. In addition, the company is involved in installation of alternative current power substations, including expansions and electrification, notably through repetitive engineering, procurement and construction offerings for utilities, renewables and conventional generation, transportation, and data centers markets; and provision of lump-sum turnkey (LSTK) construction contracts for the mass transit projects. Further, it engages in developing projects, arranging financing, investing in equity, undertaking complex financial modeling, and managing its infrastructure investments, such as bridges and highways, mass transit systems, power facilities, energy infrastructure, water treatment plants, and social infrastructure. Additionally, it offers staff augmentation services. The company was formerly known as SNC-Lavalin Group Inc. and changed its name to AtkinsRéalis in September 2023. AtkinsRéalis Group Inc. was founded in 1911 and is headquartered in Montreal, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AtkinsRéalis Group reported revenue of C$11.0B in FY2025 versus C$7.3B in FY2021, a compound +10.7%/yr. Reported net income was C$2.6B in FY2025, compounding +40.9%/yr from FY2021.

Watch ATRL: get an alert when its fair value changes →

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

• AtkinsRéalis welcomes four new ambassador organizations to Canadians for CANDU Yahoo Finance · Jul 29, 2026
• AtkinsRéalis and Siemens Mobility Awarded Systems and Rail Contract for TramCité Transit Project Yahoo Finance · Jul 16, 2026
• AtkinsRéalis appoints two new members to the Board of Directors, strengthening AI and technology expertise Yahoo Finance · Jul 13, 2026
• AtkinsRéalis and Scout Engineering sign Memorandum of Understanding to advance Indigenous partnership and shared prosperity across Canada Yahoo Finance · Jul 10, 2026

Peer Group

Engineering & Construction · 831 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Engineering & Construction median · lower = cheaper

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

Insider activity: 35/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Explore undervalued stocks

More undervalued Industrials stocks →

Frequently asked questions

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.