TSE:ATRL

AtkinsRéalis Group Inc. (ATRL.TO)

86.11
-1.26 (1.44%)
as of Aug 12, 2026, 7:02:34 pm Market Open.
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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
PAST TOP PICK
(A Top Pick June 22/10. Up 19.05%.) Still a buy.
COMMENT
10th largest engineering firm globally. Likes it but almost always feels that it is too expensive but cheaper than some of its comparators. Developing world needs a lot of help in water projects, mining, energy development, etc. Cut their teeth doing hydraulic work in Quebec. Good thing to hold for the long haul.
DON'T BUY
Missed their earnings last week and this tends for him not to own the stock. Trades at about 25X forward earnings with a high single digit growth rate expected. Prefers others.
TOP PICK
Construction engineering with over $6 billion in back logs. Contrarian call. Building an airport and man made river in Libya and had to exit temporarily. Good earnings visibility on earnings and revenues. Trades at a slight discount to its US competition.
PAST TOP PICK
(A Top Pick May 10/10. Up 20.46%.) Just reported. Took a hit on Libya.
TOP PICK
Global engineering construction company. 50% of revenues are from outside Canada. 7% of revenues are from Libya so the stock pulled back to a very attractive entry level. When they reported their backlog, they took Libya out which accounted for about $1 billion. Recently increased their dividend.
TOP PICK
Dipped recently. Market has over-reacted to its Libya exposure. It’s 2% of their cash flow and they are down 6. Libya is going to need the infrastructure projects more than before the war. You’re buying it at a discount.
PARTIAL BUY
57% of revenue outside of North America, which gives exposure to emerging markets. Brazil is a big area for them now. Environmental and green energy is going to be a big move forward. For every project they build, usually end up with the maintenance contract. Conside half a position now and the balance under $50.
DON'T BUY
It’s not one that he has a core position in. Wanted to stay away from North American situation because it will probably get worse before it gets better.
BUY ON WEAKNESS
Libyan effect has created a buying opportunity. Substantial global exposure. Looking at current PE, likes it and this is a good entry point. You might want to buy it at a couple of points lower if markets are tacky.
TOP PICK
A play on global infrastructure. Stock is off more than 10% because of the Libyan situation where they have 3 projects. Even if those projects where to go to zero, it is only a $0.05 to $0.10% earnings hit. World class company and will continue to grow.
BUY
Took a real hit, partly because they had a big project in Libya. Sell off is probably a buying opportunity. Well managed. Global.
BUY
Another way to play growth in emerging economies but also for commodities in North America. Operates in 35 countries and is a leader in infrastructure spending. Massive increase in their backlog in the last quarter.
HOLD
Great global infrastructure play company. Well run.
BUY
Fabulous company. Just got another contract with a power project in Tunisia. Backlog is very good, highest it’s ever been. Emera (EMA-T) has just announced a $6 billion project at Churchill Falls and this company will probably get a good chunk of that.
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