TSE:ATRL

AtkinsRéalis Group Inc. (ATRL.TO)

81.42
+0.51 (0.62%)
as of Jun 9, 2026, 7:08:31 pm Market Open.
322 watching
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Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

AtkinsRéalis Group Inc. (ATRL-T) has garnered mixed reviews from experts assessing the impact of AI on the construction and engineering sectors. One reviewer highlights that while AI may streamline certain workflows, the fundamental aspects of the business remain unchanged, suggesting that ATRL may find solid footing in upcoming Build Canada projects. Another expert notes current pressures on engineering firms, indicating a significant decline in the sector, yet recognizes ATRL's outperformance due to its nuclear exposure and growth potential. However, market sentiment appears cautious, especially with predictions of weakness in the midterm election year, hinting at a potentially selective investment landscape. Overall, despite some concerns over AI disruption, ATRL's strategic positioning could provide it with resilience in a challenging market.

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Consensus
Cautious
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Valuation
Fair Value
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TOP PICK
Owns Highway 407 toll road (just raised tolls by 3.7%). Has the Alberta electricity transmission grid. Bidding to build 2 new nuclear power plants in Darlington. Should prosper through infrastructure plans in China, Europe and North America. 17X earnings and 1.5% yield. Has cash and is very well run.
BUY
(Market Call Minute.) Could carry further on this infrastructure spending.
TOP PICK
One of the identifiable leaders in the market is infrastructure. Has a global bias. Does work on nuclear power, environment as well as government infrastructure.
COMMENT
Infrastructure can take a long time to put in place and it could be 6 to 9 months before they benefit. Engineering should be good for them but it’s trading at a very high valuation at 16X next year's earnings.
COMMENT
Aecon Group (ARE-T) and SNC Lavalin (SNC-T) are both well positioned to take advantage substantially if there is going to be a huge amount of infrastructure spending. SNC is more internationally diversified with more construction. Of these 2 he would prefer Aecon. (See Top Picks.)
BUY
For infrastructure plays, he would have Aecon Group (ARE-T) as #1 and SNC Lavalin (SNC-T) as #2. This has more international exposure and has a lot of energy in it as well.
TOP PICK
Canada's largest engineering company and they operate globally. Infrastructure is a key building block in governments’ attempts to stimulate the economy. No debt and lots of cash. ROE is about 27% for 2008.
BUY
Likes it as an infrastructure story. 34% ROE level and very strong profit growth. Has sold off significantly. His measure indicates there is a 93% chance it will outperform the market in the next 12 to 18 months.
PAST TOP PICK
(A Top Pick Dec 4/07. Down 29%.) Sold his holdings. With the big correction this is looking attractive.
BUY
75% of revenue comes from Canada and Africa. 50% comes from civil infrastructure. Only about 7% of revenue is oil/gas. Strong balance sheet. Looking at this one.
TOP PICK
Long-term growth story in infrastructure. Stock of $33 and assets of $15. Earns $2 on infrastructure, which historically trades at about 14 X. They are currently at 11 X’s. $2 times 11 gives you $22 plus the $15 is $37/$38. 14 X will give you significantly higher. Long backlog.
COMMENT
SNC Lavalin (SNC-T) vs. Aecon Group (ARE-T). Infrastructure is going to be a pork barrel exercise. Governments are going to say that they have to do a stimulus package and will probably end up getting the lion's share to one company vs. another. Even though you got the theme right, you could pick the wrong horse.
BUY
(Market Call Minute.) Long-term buy. One of the great global infrastructure companies.
TOP PICK
Governments today are acting very differently than they did decades ago. They are now trying to fix the problems. China just announced a $586 billion infrastructure package. Expecting governments globally to start doing this.
COMMENT
Infrastructure globally is where you are going to want to hide. Countries globally will be putting money into infrastructure to create jobs. This stock is expensive compared to its international competitors. Dividend is very low compared to its competition. This is why it has dropped.
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