WSP Global Inc (WSP) Fair Value & Analysis

Industrials · CA · Market cap C$23.3B

Below-average quality, and screening another 22% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (C$187.76). The favourable scenario is already priced in.
• Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range C$119.40 – C$289.46 · fair‑value band C$112.65 – C$187.76 · the C$192.56 price screens above the C$150.21 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

WSP Global Inc (WSP) currently trades at C$192.56, while our model-based Fair Value estimate is C$150.21, implying the stock looks roughly 22.0% overvalued today. We read business quality at 48/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, WSP Global Inc generated revenue of C$18.4B at a net margin of 5.2%. Revenue grew 3.7% year over year. It earns a return on equity of 10.5%. Net debt stands at C$4.3B. Fundamentals as of Jul 13, 2026

Our scenario range runs from C$112.65 (bear case) to C$187.76 (bull case); at C$192.56, the current price sits above 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. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 34% below its 52-week high and 6% 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 -22%, WSP 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: DCF Models (C$303.33) versus Dividend Discount (C$23.37). Highest evidence: Growth DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally.

Full company description

WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. The company advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners. It also provides engineering and consultancy services, such as decarbonization strategies, digital building design, building engineering design, and advisory, as well as project and construction management services. In addition, the company works with and advises governments and private sector in earth sciences and environmental sustainability to conduct due diligence, permit approvals, regulatory compliance, waste/hazardous materials management, geotechnical and mining engineering, water resource management, environmental/social impact assessments, feasibility, and land remediation studies. Further, it offers clients integrated solutions on all kinds of energy projects, including large-scale power plants, and smaller on-site power generation and efficiency programs; clean energy investment, such as renewables; high-voltage direct current energy transmission; lower-carbon solutions, such as nuclear; substation design; electrical studies; protection and controls; advanced distribution management systems; and storage and distribution from pre-feasibility studies and community engagement through operation and decommissioning. Additionally, the company provides strategic advisory services comprising planning, technical, and strategic advisory; digital solutions; and sustainability services. WSP Global Inc. was formerly known as GENIVAR Inc. and changed its name to WSP Global Inc. in January 2014. The company was founded in 1993 and is headquartered in Montreal, Canada.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

WSP Global Inc reported revenue of C$18.3B in FY2025 versus C$10.3B in FY2021, a compound +15.5%/yr. Reported net income was C$964M in FY2025, compounding +19.5%/yr from FY2021.

WSP screens 22% overvalued. Compare with Larsen & Toubro Limited →

Recent news

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

• Arcadis unanimously rejects second unsolicited proposal from WSP Global Inc Yahoo Finance · Jul 30, 2026
• WSP confirme avoir présenté à Arcadis N.V. une déclaration d’intérêt indicative non contraignante visant l’acquisition de toutes les actions GlobeNewswire · Jul 24, 2026
• WSP confirms submission of non-binding indicative expression of interest to Arcadis N.V. to acquire all issued and outstanding shares in the Yahoo Finance · Jul 24, 2026
• Arcadis receives second unsolicited proposal from WSP after having rejected an earlier unsolicited proposal Yahoo Finance · Jul 24, 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: 40/100

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.

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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.