TSE:ATRL

AtkinsRéalis Group Inc. (ATRL.TO)

86.26
-1.11 (1.27%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
326 watching
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Investor Insights
star iconAug 12, 2026, 12:00 am

This summary was created by AI, based on 10 opinions in the last 12 months.

Experts express a mix of optimism and caution regarding AtkinsRéalis Group Inc. (ATRL). Many believe the engineering consulting sector is facing undue fears regarding AI replacing jobs, arguing that AI will instead enhance collaboration with professionals in the industry. The company has notable exposure to nuclear technology, which may provide long-term growth prospects, although concerns about the current valuation exist, especially given the uncertainties linked to geopolitical issues and market trends. Comparisons with other firms like Stantec and WSP show a general preference for companies perceived to have sustainable earnings momentum amidst the evolving landscape of construction and engineering. While some experts suggest the stock is undervalued, others highlight that overall industry performance has been sluggish, with many engineering firms experiencing substantial declines in recent months.

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Consensus
Cautious
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Valuation
Undervalued
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Similar
Stantec,STN
TOP PICK
Infrastructure is a nice safe way to play growth. You don't have to worry bout any one production play. They are international in all kinds of countries and owns 30% of a toll highway above Toronto as well as a couple of other larger projects. The engineering/construction side is only trading at around 12X earnings. Expect you will see a 20% increase on the stock plus a dividend increase sometime during the year.
BUY
Fits into his theme of Canadian companies that have a major presence outside of Canada and will benefit from growth in developing nations.
DON'T BUY
Has been a really well run managed company. Has done some wonderful projects globally. A volatile company. You have to be concerned about people putting off or delaying contracts because of the credit crisis. This company relies on big, big projects. Will probably be sluggish for the next couple of years. Also, they often don't get paid until the end part and often have to take equity positions.
BUY
Half the revenues come from outside of Canada. Involved in a lot of infrastructure in Africa and the Middle East. Have been making a few acquisitions in the water and wastewater areas.
BUY
This is the time of the year to step into SNC.
BUY
Likes it and owns it. In his opinion it is well positioned. They have concession business worth $22 a share (e.g. 407 highway). The rest of the business is very undervalued. They are exposed to Libya and had to take charges against some of that business. Now they may have to go back and finish what they were working on. But he thinks there are enough projects back here.
BUY
Nice rebound. Owns a piece of the 407 toll road in Toronto. 12x earnings. Thought they lost some business in Libya but it will probably come back now. It’s a reasonable place to be because infrastructure needs to get built.
PARTIAL BUY
His model price is $20.51. They have highway 407, which represents $12-$15 a share so it is kind of a holding company. When buy a partial position at the current price and if it got to $30 would buy the balance.
TOP PICK
Engineering/construction including power plants, environmental, bridges. About half their revenues are outside of Canada. Libya hurt them in the first couple of quarters but expects they will go back in. Well managed. About 2% yield. Backlog of about $9.3 billion.
BUY
Has the advantage of major international contracts. Also have a number of contracts in Canada, which will keep them in good stead. If you think the economy will recover, this is a good buy.
TOP PICK
Just struck a deal in Abu Dhabi, which will add $500-$600 millions of revenues in the next couple of years. Good entry point.
BUY
Has become the 10th largest engineering firm globally. There are a lot of things getting built in the world that need engineering services. Do very well in China and all the developing parts of the world. This is a good time to buy.
PAST TOP PICK
(A Top Pick July 6/10. Up 35.1%.) Great company with a huge backlog of construction projects.
BUY
Stock came off sharply with the unrest in the Middle East, particularly in Libya. Operates in 43 countries. Infrastructure engineering company and also owns infrastructures. Well-positioned to benefit from the growth in emerging markets.
PAST TOP PICK
(Top Pick Aug 4/10, Up 21.71%) It was valued as its portion of the 407 and then what was left was about 12 earnings. Still likes it and owns it.
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