Wsp Global Stock Fundamentals
| WSP Stock | CAD 245.66 1.07 0.44% |
WSP Global fundamentals help investors to digest information that contributes to WSP Global's financial success or failures. It also enables traders to predict the movement of WSP Stock. The fundamental analysis module provides a way to measure WSP Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WSP Global stock.
At this time, WSP Global's Operating Income is very stable compared to the past year. As of the 22nd of November 2024, EBIT is likely to grow to about 1.3 B, while Total Operating Expenses is likely to drop about 931.4 M. WSP | Select Account or Indicator |
WSP Global Company Shares Outstanding Analysis
WSP Global's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current WSP Global Shares Outstanding | 130.34 M |
Most of WSP Global's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WSP Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
WSP Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for WSP Global is extremely important. It helps to project a fair market value of WSP Stock properly, considering its historical fundamentals such as Shares Outstanding. Since WSP Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of WSP Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of WSP Global's interrelated accounts and indicators.
Click cells to compare fundamentals
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
WSP Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
Based on the latest financial disclosure, WSP Global has 130.34 M of shares currently outstending. This is 10.57% lower than that of the Construction & Engineering sector and 15.35% higher than that of the Industrials industry. The shares outstanding for all Canada stocks is 77.21% higher than that of the company.
WSP Global Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WSP Global's current stock value. Our valuation model uses many indicators to compare WSP Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WSP Global competition to find correlations between indicators driving WSP Global's intrinsic value. More Info.WSP Global is rated fifth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for WSP Global is roughly 2.03 . At this time, WSP Global's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value WSP Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WSP Global's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.WSP Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WSP Global's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WSP Global could also be used in its relative valuation, which is a method of valuing WSP Global by comparing valuation metrics of similar companies.WSP Global is currently under evaluation in shares outstanding category among its peers.
WSP Global Current Valuation Drivers
We derive many important indicators used in calculating different scores of WSP Global from analyzing WSP Global's financial statements. These drivers represent accounts that assess WSP Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WSP Global's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.3B | 13.3B | 21.4B | 18.9B | 23.1B | 24.3B | |
| Enterprise Value | 11.5B | 14.4B | 23.3B | 22.5B | 27.0B | 28.4B |
WSP Fundamentals
| Return On Equity | 0.0986 | ||||
| Return On Asset | 0.0486 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 35.29 B | ||||
| Shares Outstanding | 130.34 M | ||||
| Shares Owned By Insiders | 0.06 % | ||||
| Shares Owned By Institutions | 58.06 % | ||||
| Number Of Shares Shorted | 765.96 K | ||||
| Price To Earning | 38.51 X | ||||
| Price To Book | 4.59 X | ||||
| Price To Sales | 2.09 X | ||||
| Revenue | 14.44 B | ||||
| Gross Profit | 2.27 B | ||||
| EBITDA | 1.87 B | ||||
| Net Income | 550 M | ||||
| Cash And Equivalents | 826 M | ||||
| Cash Per Share | 7.29 X | ||||
| Total Debt | 4.26 B | ||||
| Debt To Equity | 0.57 % | ||||
| Current Ratio | 1.16 X | ||||
| Book Value Per Share | 54.73 X | ||||
| Cash Flow From Operations | 812.3 M | ||||
| Short Ratio | 3.46 X | ||||
| Earnings Per Share | 5.16 X | ||||
| Price To Earnings To Growth | 0.73 X | ||||
| Target Price | 280.36 | ||||
| Number Of Employees | 69.9 K | ||||
| Beta | 0.82 | ||||
| Market Capitalization | 31.88 B | ||||
| Total Asset | 15.58 B | ||||
| Retained Earnings | 1.32 B | ||||
| Working Capital | 706.5 M | ||||
| Current Asset | 2.59 B | ||||
| Current Liabilities | 2.05 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 2.57 % | ||||
| Net Asset | 15.58 B | ||||
| Last Dividend Paid | 1.5 |
About WSP Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WSP Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WSP Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WSP Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 1.2 B | 1.2 B | |
| Total Revenue | 14.4 B | 15.2 B | |
| Cost Of Revenue | 12.3 B | 12.9 B | |
| Sales General And Administrative To Revenue | 0.56 | 0.43 | |
| Capex To Revenue | 0.01 | 0.02 | |
| Revenue Per Share | 115.86 | 121.66 | |
| Ebit Per Revenue | 0.08 | 0.08 |
Pair Trading with WSP Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WSP Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WSP Global will appreciate offsetting losses from the drop in the long position's value.Moving together with WSP Stock
Moving against WSP Stock
The ability to find closely correlated positions to WSP Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WSP Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WSP Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WSP Global to buy it.
The correlation of WSP Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WSP Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WSP Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WSP Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in WSP Stock
WSP Global financial ratios help investors to determine whether WSP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WSP with respect to the benefits of owning WSP Global security.