Atkinsrealis Group Inc
ATRL: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 14.00 | Tpgv | Ngrzqsrl |
SNC-Lavalin Ends 2022 With Mixed Fourth-Quarter Results; Maintaining Fair Value Estimate
No-moat-rated SNC-Lavalin ended 2022 with a mixed fourth quarter, as SNCL Services performed in line with management's targets, but SNCL Projects posted more losses on lump-sum turnkey, or LSTK, projects. After rolling our model forward one year, we’ve maintained our CAD 35 fair value estimate, as our slightly more muted near-term revenue growth and operating margin expectations were offset by time value of money.