TSE:ATRL

AtkinsRéalis Group Inc. (ATRL.TO)

87.65
-0.43 (0.49%)
as of Jul 2, 2026, 8:00:00 pm Market Open.
324 watching
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Investor Insights
star iconJul 2, 2026, 12:00 am

This summary was created by AI, based on 9 opinions in the last 12 months.

AtkinsRéalis Group Inc. (ATRL-T) is currently evaluated with mixed sentiments from experts, particularly concerning its involvement in nuclear technology, which has been a source of both interest and caution. While some analysts emphasize that the company's performance has been impacted by fears surrounding AI's encroachment on the engineering sector, others indicate that ATRL has outperformed its peers due to its strategic positioning in nuclear projects. There's recognition that despite the downturn faced by engineering firms, ATRL's valuation appears attractive at a price-to-earnings ratio of 16x with a growth estimate of 17%. The consensus is that while there are concerns about AI disrupting the industry, the reality is that it may complement the existing workforce rather than replace it, suggesting a potential rebound for ATRL as the market stabilizes. Overall, experts express a belief in the long-term viability of ATRL, encouraging investors to remain committed for future gains.

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Consensus
Cautious
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Valuation
Undervalued
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Similar
Stantec,STN
BUY
He bought in the last 3-4 months as they settled some of the legal issues they had. Management has been doing a good job of cleaning house. 12 months from now they will be out of the higher risk contract construction projects. It is really under priced. There will be volatility over the next 4 quarters.
DON'T BUY
They had a nice bounce recently as their legal issues have lifted. Going forward, it'll be based on their fundamentals and new businesses they acquire. She doesn't know any construction stocks now. She wants to see their outlook and plan for future contracts before considering this.
DON'T BUY
Doesn't qualify as a quality stock for him. True, it's recovered strongly lately after it was punished last year. It's hard to predict their earnings, so he's not comfortable owning this for a long term.
BUY
They have been rebounding from the disaster of their fiascos. With the asset base and the write-down's, people believe it can get into the $35 range. He thinks it will rebound as political news is behind it.
DON'T BUY
He owns no engineering firms. SNC shares have bounced back upon news of a settlement. It has normalized back to $30. It likely won't rise much from here--it has settled. SNC has always traded at a high multiple for a cyclical business. He prefers Aecon, though is trading high as well. The space has run up recently, and these companies will benefit from Canadian infrastructure spending. But the optimism is already priced in.
COMMENT
Guilty on federal charges Corruption acquisitions were dropped following a guilty decision on fraud. The stock is up almost 25% at the moment.
DON'T BUY
Avoid. Too much negativity attached to this stock with the threat of criminal charges prevents them from bidding on new contracts. It takes time to get bad contracts out of their system and off their books. They need a plan to monetize their infrastructure assets to create shareholder value; for 10 years they've alluded to this plan but haven't done it. They're protected from takeover, because they're based in Quebec, but they suffer from poor governance.
COMMENT
Owns a little bit in their Canadian equity fund and debates every day whether to sell it. Sold a big chunk of the 407 which was their best asset. Not saying it can't rebound to $40, but this is a stock that hasn't made you money in 20 years.
DON'T BUY
He doesn’t really like it. They have looked into it, and value investors, it is a good candidate. However, they’ve avoided it due to all the controversy. There is a lot of uncertainty around the future. He would stay away.
DON'T BUY
A tricky one. His view is in flux. A tough company to analyze. Maybe now is a dead-cat bounce (snaps back after a heavy drop). What is this business really worth? In two parts. They have concessions like the 407 toll road worth a lot on its own. So you get the engineering/construction side for free, but this side of the operation has performed poorly. He's not convinced they've turned the ship around under the new CEO. There have been governance problems. A lot of hair on this stock.
DON'T BUY
It's bounced back from depressed levels, and enjoyed a decent quarter. They;ve been penalized for cost overruns, so it's important how they execute on current fixed-price contracts. They also are battling a lawsuit that may go to court in 2020--she's watching this.
DON'T BUY
The results were half decent and there were a lot of short sellers that may have had to cover. It is hard to value as there is a lot of uncertainty. They have a lot of debt, and profit is very volatile. They have proven that they are not good operators on the engineering and construction side.
DON'T BUY
Other companies have gotten into trouble bidding on these large contracts. They got rid of part of the 407, which was their cash cow because they needed cash. They still have a stake, however. This whole global engineering space is hard to predict. It is so hard to know if these large companies underbid on these large contracts then 3 years later find they lost money on them.
DON'T BUY
They have a number of huge problems, including the threat of class-action litigation and official prosecution. The contracting business does not seem to be able to make money. The assets are worth more than $16 per share. The issue becomes what is your appetite to accept other people's problems. He does not know if this is the time to buy. It could be the falling knife. He is nervous about it and is not buying.
WAIT
Lower lows, lower highs. Not something he wants to be involved in yet. Signs of positive divergences. Spring is opportune time to get in.
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