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SNC-Lavalin Group Inc TSX: SNC OTC: SNCAF https://www.snclavalin.com/en Fiscal Yr: Dec-31
Year 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 Value Description #Y Item Total G
Accounting Rules IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
Split Date Split Date
Split Split
Net Income excluding 407 $357.30 $208.47 -$78.30 $1,210.89 $278.5 $123.0 $240.3 -100.00% <-Total Growth 5 Net Income
Increase -15.8% -41.7% -137.6% -1646.5% -77.0% -55.8% 95.4% #NUM! <-IRR #YR-> 5 Net Income -100.00%
Under Accting for 407,  Net Income Excluding 407 #NUM! <-IRR #YR-> 0 Net Income -100.00%
$0 $0 $0 $0 $0 $0 $240
-$208.47 $0 $0 $0 $0 $240
Revenue from E&C-PS PM $8,223 $9,097 $9,819 $9,253 $6,878 $7,237 $7,440
Capital Investments $248 $238 $265 $263 $129 $134 $109
Revenue* $7,210 $8,091 $7,913 $8,239 $9,587 $8,471 $9,335 $10,084 $9,516 $7,008 $7,371 $7,549 $7,533 $7,669 $7,939 -6.70% <-Total Growth 10 Revenue
Increase 14.17% 12.22% -2.20% 4.11% 16.36% -11.64% 10.20% 8.03% -5.64% -26.36% 5.19% 2.41% -0.21% 1.81% 3.52% -0.69% <-IRR #YR-> 10 Revenue -6.70%
5 year Running Average $6,693 $6,965 $7,126 $7,554 $8,208 $8,460 $8,709 $9,143 $9,398 $8,883 $8,663 $8,305 $7,795 $7,426 $7,612 -4.16% <-IRR #YR-> 5 Revenue -19.13%
Revenue Per Share $47.74 $53.56 $52.13 $54.04 $64.01 $56.34 $53.19 $57.44 $54.20 $39.92 $41.99 $43.00 $42.91 $43.68 $45.22 1.78% <-IRR #YR-> 10 5 yr Running Average 19.25%
Increase 14.17% 12.19% -2.67% 3.67% 18.46% -11.99% -5.58% 7.99% -5.64% -26.36% 5.19% 2.41% -0.21% 1.81% 3.52% -0.94% <-IRR #YR-> 5 5 yr Running Average -4.63%
5 year Running Average $44.31 $46.11 $47.13 $49.85 $54.29 $56.01 $55.94 $57.00 $57.04 $52.22 $49.35 $47.31 $44.40 $42.30 $43.36 -2.17% <-IRR #YR-> 10 Revenue per Share -19.71%
P/S (Price/Sales) Med 1.07 0.84 0.86 0.91 0.65 0.85 1.03 0.92 0.59 0.66 0.71 0.64 0.68 0.00 0.00 -4.16% <-IRR #YR-> 5 Revenue per Share -19.16%
P/S (Price/Sales) Close 1.07 0.75 0.92 0.82 0.64 1.03 1.07 0.80 0.55 0.54 0.74 0.55 0.73 0.72 0.70 0.26% <-IRR #YR-> 10 5 yr Running Average 2.60%
*Revenue in M CDN $  P/S Med 10 yr  0.78 5 yr  0.66 -5.98% Diff M/C -3.30% <-IRR #YR-> 5 5 yr Running Average -15.43%
-$8,091 $0 $0 $0 $0 $0 $0 $0 $0 $0 $7,549
-$9,335 $0 $0 $0 $0 $7,549
-$6,965 $0 $0 $0 $0 $0 $0 $0 $0 $0 $8,305
-$8,709 $0 $0 $0 $0 $8,305
-$53.56 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $43.00
-$53.19 $0.00 $0.00 $0.00 $0.00 $43.00
-$46.11 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $47.31
-$55.94 $0.00 $0.00 $0.00 $0.00 $47.31
Notes Fr TD
Adjusted Net Income $305.2 $113.0 $374.5 $365.2 $387.2 $521.3 $230.0 $150.2 -$188.4 $152.1 $112.8 -63.04% <-Total Growth 10 Adjusted Net Income
EPS to Adjusted EPS $2.49 $2.02 $0.74 $2.46 $2.42 $2.58 $3.20 $1.31 $0.67 -$1.07 $0.87 $0.64 $1.40 $1.86 $2.35 -68.32% <-Total Growth 10 AEPS Diluted
Increase -13.24% -18.88% -63.37% 232.43% -1.63% 6.61% 24.03% -59.06% -48.85% -259.70% 181.31% -26.44% 118.75% 32.86% 26.34% 9 1 10 Years of Data, EPS P or N 90.00%
Earnings Yield 4.87% 5.01% 1.55% 5.55% 5.89% 4.46% 5.61% 2.85% 2.24% -4.92% 2.81% 2.68% 4.5% 5.9% 7.5% -10.86% <-IRR #YR-> 10 Earnings per Share -68.32%
5 year Running Average $2.15 $2.36 $2.10 $2.12 $2.03 $2.04 $2.28 $2.39 $2.04 $1.34 $1.00 $0.48 $0.50 $0.74 $1.42 -27.52% <-IRR #YR-> 5 Earnings per Share -80.00%
Payout Ratio 33.73% 43.56% 124.32% 39.02% 41.32% 40.31% 34.13% 87.63% 35.82% -7.48% 9.20% 12.50% 5.71% 4.30% 3.40% -14.64% <-IRR #YR-> 10 5 yr Running Average -79.47%
5 year Running Average 27.76% 29.52% 37.40% 40.45% 45.41% 46.97% 43.96% 43.78% 44.40% 53.81% 53.01% 67.27% 22.31% 10.81% 5.62% -26.65% <-IRR #YR-> 5 5 yr Running Average -78.77%
Price/AEPS Median 20.50 22.40 60.71 19.92 17.17 18.63 17.10 40.15 47.76 -24.57 34.06 43.33 20.73 0.00 0.00 26.99 <-Median-> 10 Price/AEPS Median
Price/AEPS High 24.93 27.48 67.09 23.94 19.17 22.69 18.40 46.43 72.39 -31.63 43.79 51.23 23.76 0.00 0.00 33.87 <-Median-> 10 Price/AEPS High
Price/AEPS Low 16.06 17.33 54.32 15.89 15.16 14.57 15.80 33.86 23.13 -17.52 24.33 35.42 17.70 0.00 0.00 19.51 <-Median-> 10 Price/AEPS Low
Price/AEPS Close 20.51 19.96 64.58 18.01 16.99 22.40 17.83 35.05 44.70 -20.31 35.53 37.28 22.46 16.91 13.38 28.73 <-Median-> 10 Price/AEPS Close
Trailing P/AEPSClose 17.80 16.19 23.66 59.88 16.72 23.88 22.11 14.35 22.86 32.43 -28.89 27.43 49.14 22.46 16.91 23.26 <-Median-> 10 Trailing P/AEPS Close
Median Values DPR 10 Yrs 37.42% 5 Yrs   12.50% P/CF 5 Yrs   in order 40.15 46.43 24.33 35.53 -16.77% Diff M/C 10
* ESP to Adjusted EPS from TD Waterhouse and is core E&C earnings from 2012/td> E/P 10 Yrs 2.83% 5Yrs 2.68% -44.04% Diff M/C
Cannot find in 2014, 2015 expect from TD.
-$2.02 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.64
-$3.20 $0.00 $0.00 $0.00 $0.00 $0.64
-$2.36 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.48
-$2.28 $0.00 $0.00 $0.00 $0.00 $0.48
Calc Calc --> $2.34
EPS Basic $2.51 $2.05 $0.24 $8.76 $2.68 $1.70 $2.35 -$7.50 $1.87 -$2.03 $0.57 $0.09 -95.61% <-Total Growth 10 EPS Basic
pre 2006 split
pre 1996 split
pre 2006 split
EPS Diluted* $2.49 $2.04 $0.24 $8.74 $2.68 $1.70 $2.34 -$7.50 $1.87 -$2.03 $0.57 $0.09 $1.26 $2.23 $2.97 -95.59% <-Total Growth 10 EPS Diluted TD $2.15
Increase -13.2% -18.1% -88.2% 3541.7% -69.3% -36.6% 37.6% -420.5% -124.9% -208.6% -128.1% -84.2% 1300.0% 77.0% 33.2% 8 2 10 Years of Data, EPS P or N 80.00%
Earnings Yield 4.9% 5.1% 0.5% 19.7% 6.5% 2.9% 4.1% -16.3% 6.2% -9.3% 1.8% 0.4% 4.0% 7.1% 9.4% -6.94% <-IRR #YR-> 10 Earnings per Share -95.59%
5 year Running Average $2.15 $2.36 $2.00 $3.28 $3.24 $3.08 $3.14 $1.59 $0.22 -$0.72 -$0.95 -$1.40 $0.35 $0.42 $1.42 -14.42% <-IRR #YR-> 5 Earnings per Share -96.15%
10 year Running Average $1.52 $1.59 $1.56 $2.37 $2.55 $2.62 $2.75 $1.80 $1.75 $1.26 $1.07 $0.87 $0.97 $0.32 $0.35 #NUM! <-IRR #YR-> 10 5 yr Running Average -159.27%
* Diluted Earnings per share  E/P 10 Yrs 2.39% 5Yrs 0.38% #NUM! <-IRR #YR-> 5 5 yr Running Average -144.59%
-$2.04 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.09
-$2.34 $0.00 $0.00 $0.00 $0.00 $0.09
-$2.36 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$1.40
-$3.14 $0.00 $0.00 $0.00 $0.00 -$1.40
Dividend* $0.08 $0.08 $0.12 Dividend*
Increase 0.00% 0.00% 50.00% Increase
Payout Ratio EPS 6.35% 3.59% 4.04% Estimates Payout Ratio EPS
Special Dividend $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.00% <-Median-> 10 Special Dividend
pre 1996 split
pre 2006 split
Dividend* $0.84 $0.88 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $0.08 $0.08 $0.08 $0.08 -90.91% <-Total Growth 10 Dividends
Increase 23.53% 4.76% 4.55% 4.35% 4.17% 4.00% 5.00% 5.13% -79.09% -66.67% 0.00% 0.00% 0.00% 0.00% 0.00% 4.08% <-Median-> 10 Dividends
Average Increases 5 Year Running 22.99% 17.94% 14.23% 10.10% 8.27% 4.36% 4.41% 4.53% -12.16% -26.33% -27.13% -28.13% -29.15% -13.33% 0.00% 26 4 33 Years of data, Count P, N
5 year running Average $0.60 $0.70 $0.78 $0.86 $0.92 $0.96 $1.00 $1.05 $0.90 $0.72 $0.53 $0.33 $0.11 $0.08 $0.08 88.00% <-Median-> 10 Average Incr 5 Year Running
Yield H/L Price 1.65% 1.94% 2.05% 1.96% 2.41% 2.16% 2.00% 2.18% 0.75% 0.30% 0.27% 0.29% 0.28% 1.98% <-Median-> 10 Dividends
Yield on High  Price 1.35% 1.59% 1.85% 1.63% 2.16% 1.78% 1.85% 1.89% 0.49% 0.24% 0.21% 0.24% 0.24% 1.70% <-Median-> 10 Dividends
Yield on Low Price 2.10% 2.51% 2.29% 2.46% 2.73% 2.77% 2.16% 2.59% 1.55% 0.43% 0.38% 0.35% 0.32% 2.22% <-Median-> 10 Dividends
Yield on Close Price 1.64% 2.18% 1.93% 2.17% 2.43% 1.80% 1.91% 2.50% 0.80% 0.37% 0.26% 0.34% 0.25% 0.25% 0.25% 1.86% <-Median-> 10 Dividends
Payout Ratio EPS 33.73% 43.14% 383.33% 10.98% 37.31% 61.18% 46.67% 0.00% 12.83% 0.00% 14.04% 88.89% 6.35% 3.59% 2.69% 25.67% <-Median-> 10 Payout Ratio EPS
DPR EPS 5 Yr Running 27.76% 29.47% 39.20% 26.13% 28.41% 31.17% 31.92% 65.83% 414.68% 0.00% 0.00% 0.00% 31.82% 18.87% 5.62% 29.79% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS 13.80% 26.36% 41.92% 55.41% 0.00% 148.05% 81.25% 0.00% 0.00% 11.56% 10.47% 0.00% 7.69% 3.17% 2.03% 11.01% <-Median-> 10 Payout Ratio CFPS
DPR CF 5 Yr Running 17.48% 20.03% 22.40% 25.80% 46.38% 105.92% 197.53% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.05% 5.83% 11.20% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 21.95% 20.75% 54.05% 88.08% 1329.30% 174.29% 21.85% 99.67% 0.00% 0.00% 4.64% 15.16% 7.69% 3.17% 2.03% 37.95% <-Median-> 10 Payout Ratio CFPS WC
DPR CF WC 5 Yr Running 18.60% 17.78% 21.48% 28.41% 42.07% 62.29% 59.24% 66.24% 67.43% 59.86% 36.96% 60.91% 21.87% 7.69% 4.10% 59.55% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 10 Yr Med 10 Yr Cl 1.35% 1.30% 5 Yr Med 5 Yr Cl 0.29% 0.34% 5 Yr Med Payout 12.83% 7.69% -40.71% <-IRR #YR-> 5 Dividends -92.67%
* Dividends per share  10 Yr Med and Cur. -81.22% -80.44% 5 Yr Med and Cur. -11.83% -24.13% Last Div Inc ---> $0.287 $0.020 -21.32% <-IRR #YR-> 10 Dividends -90.91%
Dividends Growth 15 -10.02% <-IRR #YR-> 15 Dividends -79.49%
Dividends Growth 20 -2.14% <-IRR #YR-> 20 Dividends -35.14%
Dividends Growth 25 0.73% <-IRR #YR-> 25 Dividends 20.00%
Dividends Growth 30 4.73% <-IRR #YR-> 30 Dividends 300.00%
Dividends Growth 35 4.93% <-IRR #YR-> 34 Dividends
Dividends Growth 5 -$1.09 $0.00 $0.00 $0.00 $0.00 $0.08 Dividends Growth 5
Dividends Growth 10 -$0.88 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.08 Dividends Growth 10
Dividends Growth 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.08 Dividends Growth 15
Dividends Growth 20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.08 Dividends Growth 20
Dividends Growth 25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.08 Dividends Growth 25
Dividends Growth 30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.08 Dividends Growth 30
Dividends Growth 35 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.08
Historical Dividends High Div 2.89% Low Div 0.39% 10 Yr High 2.76% 10 Yr Low 0.21% Med Div 1.46% Close Div 1.21% Historical Dividends
High/Ave/Median Values Exp. -91.20% Exp -34.78% Exp. -90.78% 21.13% Exp. -82.58% Exp. -79.05% High/Ave/Median 
Future Dividend Yield Div Yield $0.00 earning in 5 Years at IRR of -40.71% Div Inc. -92.67% Future Dividend Yield
Future Dividend Yield Div Yield 0.00% earning in 10.00 Years at IRR of -40.71% Div Inc. -99.46% Future Dividend Yield
Future Dividend Yield Div Yield 0.00% earning in 15.00 Years at IRR of -40.71% Div Inc. -99.96% Future Dividend Yield
Future Dividend Paid Div Paid $0.01 earning in 5 Years at IRR of -40.71% Div Inc. -92.67% Future Dividend Paid
Future Dividend Paid Div Paid $0.00 earning in 10 Years at IRR of -40.71% Div Inc. -99.46% Future Dividend Paid
Future Dividend Paid Div Paid $0.00 earning in 15 Years at IRR of -40.71% Div Inc. -99.96% Future Dividend Paid
Dividend Covering Cost Total Div $0.18 over 5 Years at IRR of -40.71% Div Cov. 0.58% Dividend Covering Cost
Dividend Covering Cost Total Div $0.19 over 10 Years at IRR of -40.71% Div Cov. 0.60% Dividend Covering Cost
Dividend Covering Cost Total Div $0.19 over 15 Years at IRR of -40.71% Div Cov. 0.60% Dividend Covering Cost
I am earning GC Div Gr 0.00% 12/2/98 # yrs -> 25 1998 $3.40 Cap Gain 825.00% I am earning GC
I am earning Div org yield 2.35% 12/31/14 Pension Div G Yrly 0.00% Div start $0.08 -2.35% 2.35% I am earning Div
I am earning GC Div Gr -90.91% 5/26/12 # yrs -> 10 2012 $39.56 Cap Gain -20.50% I am earning GC
I am earning Div org yield 2.22% 12/31/14 Trading Div G Yrly -60.24% Div start $0.88 -2.22% 0.20% I am earning Div
Yield if held 5 years 2.87% 2.19% 2.13% 2.37% 1.97% 2.04% 2.41% 2.56% 0.49% 0.19% 0.17% 0.15% 0.15% 0.25% 0.30% 2.00% <-Median-> 10 Paid Median Price
Yield if held 10 years 11.80% 8.22% 6.75% 5.61% 4.46% 3.55% 2.72% 2.66% 0.59% 0.16% 0.16% 0.18% 0.18% 0.16% 0.19% 2.69% <-Median-> 10 Paid Median Price
Yield if held 15 years 20.79% 17.75% 23.54% 24.00% 24.05% 14.61% 10.20% 8.42% 1.40% 0.36% 0.27% 0.20% 0.19% 0.20% 0.16% 9.31% <-Median-> 10 Paid Median Price
Yield if held 20 years 47.62% 56.81% 57.38% 45.71% 40.00% 25.74% 22.02% 29.37% 6.00% 1.92% 1.12% 0.75% 0.59% 0.47% 0.36% 23.88% <-Median-> 10 Paid Median Price
Yield if held 25 years 141.78% 103.16% 75.79% 58.96% 70.50% 71.60% 11.43% 3.20% 1.98% 1.61% 2.05% 2.00% 1.92% 64.73% <-Median-> 10 Paid Median Price
Yield if held 30 years 176.92% 25.79% 6.06% 4.54% 5.16% 4.99% 3.81% 3.20% 6.06% <-Median-> 5 Paid Median Price
Yield if held 35 years 12.33% 8.60% 6.06% #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 5 years 10.22% 8.66% 9.08% 10.57% 9.04% 9.41% 11.08% 11.66% 9.23% 8.67% 5.49% 2.97% 1.06% 1.25% 1.52% 9.16% <-Median-> 10 Paid Median Price
Cost covered if held 10 years 55.78% 44.17% 40.38% 36.73% 31.44% 26.63% 21.13% 21.23% 21.73% 16.11% 14.58% 14.67% 12.91% 10.04% 9.63% 21.48% <-Median-> 10 Paid Median Price
Cost covered if held 15 years 108.09% 104.47% 154.29% 172.75% 188.22% 123.23% 91.00% 78.83% 63.16% 47.49% 35.65% 25.18% 22.53% 22.72% 16.90% 84.92% <-Median-> 10 Paid Median Price
Cost covered if held 20 years 257.95% 349.28% 393.35% 344.29% 327.33% 226.90% 205.55% 288.36% 285.75% 274.79% 160.33% 106.21% 82.94% 65.50% 49.28% 280.27% <-Median-> 10 Paid Median Price
Cost covered if held 25 years 991.78% 793.91% 632.84% 530.08% 672.87% 720.17% 559.52% 471.33% 292.24% 238.39% 302.69% 295.75% 284.41% 596.18% <-Median-> 10 Paid Median Price
Cost covered if held 30 years 1799.32% 1279.64% 905.68% 679.75% 777.98% 755.09% 578.57% 487.33% 905.68% <-Median-> 5 Paid Median Price
Cost covered if held 35 years 1885.62% 1322.63% 936.00% #NUM! <-Median-> 0 Paid Median Price
Yr  Item Growth
Revenue Growth  $9,335 $10,084 $9,516 $7,008 $7,371 $7,549 $50,862 -19.13% <-Total Growth 5 Revenue Growth  -19.13%
AEPS Growth $3.20 $1.31 $0.67 -$1.07 $0.87 $0.64 $5.62 -80.00% <-Total Growth 5 AEPS Growth -80.00%
Net Income Growth $382 -$1,317 $328 -$965 $667 $10 -$896 -97.45% <-Total Growth 5 Net Income Growth -97.45%
Cash Flow Growth $236 -$304 -$355 $121 $134 -$245 -$413 0.00% <-Total Growth 5 Cash Flow Growth 0.00%
Dividend Growth $1.09 $1.15 $0.24 $0.08 $0.08 $0.08 $2.72 -92.67% <-Total Growth 5 Dividend Growth -92.67%
Stock Price Growth $57.05 $45.92 $29.95 $21.73 $30.91 $23.86 -58.18% <-Total Growth 5 Stock Price Growth -58.18%
Revenue Growth  $8,091 $7,913 $8,239 $9,587 $8,471 $9,335 $10,084 $9,516 $7,008 $7,371 $7,549 $93,163 -6.70% <-Total Growth 10 Revenue Growth  -6.70%
AEPS Growth $2.02 $0.74 $2.46 $2.42 $2.58 $3.20 $1.31 $0.67 -$1.07 $0.87 $0.64 $15.84 -68.32% <-Total Growth 10 AEPS Growth -68.32%
Net Income Growth $309 $36 $1,333 $404 $256 $382 -$1,317 $328 -$965 $667 $10 $1,442 -96.85% <-Total Growth 10 Net Income Growth -96.85%
Cash Flow Growth $504 $333 $264 -$515 $106 $236 -$304 -$355 $121 $134 -$245 $280 0.00% <-Total Growth 10 Cash Flow Growth 0.00%
Dividend Growth $0.88 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $0.08 -90.91% <-Total Growth 10 Dividend Growth -90.91%
Stock Price Growth $40.32 $47.79 $44.31 $41.12 $57.79 $57.05 $45.92 $29.95 $21.73 $30.91 $23.86 -40.82% <-Total Growth 10 Stock Price Growth -40.82%
Dividends on Shares $23.00 $24.00 $25.00 $26.00 $27.30 $28.70 $6.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $166.00 No of Years 10 Total Divs 12/31/12
Paid  $1,008.00 $1,194.75 $1,107.75 $1,028.00 $1,444.75 $1,426.25 $1,148.00 $748.75 $543.25 $772.75 $596.50 $786.25 $786.25 $786.25 $596.50 No of Years 10 Worth $40.32
Total $762.50
Graham Price AESP $26.43 $24.99 $14.95 $34.64 $37.50 $38.67 $46.30 $24.76 $17.86 $14.82 $18.21 $15.34 $22.69 $26.15 $29.40 -38.60% <-Total Growth 10 Graham Price
Price/GP Ratio Med 1.93 1.81 3.01 1.41 1.11 1.24 1.18 2.12 1.79 1.77 1.63 1.81 1.28 1.70 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 2.35 2.22 3.32 1.70 1.24 1.51 1.27 2.46 2.72 2.28 2.09 2.14 1.47 2.11 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 1.51 1.40 2.69 1.13 0.98 0.97 1.09 1.79 0.87 1.27 1.16 1.48 1.09 1.15 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 1.93 1.61 3.20 1.28 1.10 1.49 1.23 1.85 1.68 1.47 1.70 1.56 1.39 1.09 1.12 1.52 <-Median-> 10 Price/GP Ratio
Prem/Disc Close 93.27% 61.06% 385.88% 14.81% 9.17% 60.91% 27.15% 63.95% 40.51% 50.57% 86.18% 148.06% 40.69% 9.50% 12.42% 55.74% <-Median-> 10 Graham Price
Graham Price EPS $26.43 $25.11 $8.51 $65.30 $39.46 $31.39 $39.59 $33.09 $29.84 $13.67 $14.74 $5.75 $21.53 $28.64 $33.05 -77.09% <-Total Growth 10 Graham Price
Price/GP Ratio Med 1.93 1.80 5.28 0.75 1.05 1.53 1.38 1.59 1.07 1.92 2.01 4.82 1.35 1.56 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 2.35 2.21 5.83 0.90 1.18 1.87 1.49 1.84 1.63 2.48 2.59 5.70 1.55 1.85 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 1.51 1.39 4.72 0.60 0.93 1.20 1.28 1.34 0.52 1.37 1.44 3.94 1.15 1.31 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 1.93 1.61 5.61 0.68 1.04 1.84 1.44 1.39 1.00 1.59 2.10 4.15 1.46 1.10 0.95 1.52 <-Median-> 10 Price/GP Ratio
Prem/Disc Close 93.27% 60.56% 461.47% -32.14% 4.20% 84.10% 44.09% 38.77% 0.37% 58.99% 109.73% 314.72% 46.10% 9.82% -4.84% 51.54% <-Median-> 10 Graham Price
pre 2006 split
Price Close $51.08 $40.32 $47.79 $44.31 $41.12 $57.79 $57.05 $45.92 $29.95 $21.73 $30.91 $23.86 $31.45 $31.45 $31.45 -40.82% <-Total Growth 10 Stock Price
Increase -14.54% -21.06% 18.53% -7.28% -7.20% 40.54% -1.28% -19.51% -34.78% -27.45% 42.25% -22.81% 31.81% 0.00% 0.00% 26.98 <-Median-> 10 CAPE (10 Yr P/E)
P/E 20.51 19.76 199.13 5.07 15.34 33.99 24.38 -6.12 16.02 -10.70 54.23 265.11 24.96 14.10 10.59 -16.00% <-IRR #YR-> 5 Stock Price -58.18%
Trailing P/E 17.80 16.19 23.43 184.63 4.70 21.56 33.56 19.62 -3.99 11.62 -15.23 41.86 349.44 24.96 14.10 -5.11% <-IRR #YR-> 10 Stock Price -40.82%
CAPE (10 Yr P/E) 23.54 24.29 26.77 18.71 17.98 18.54 17.96 27.79 27.20 34.77 39.14 46.03 39.52 115.65 103.30 -15.40% <-IRR #YR-> 5 Price & Dividend -53.41%
Median 10, 5 Yrs D.  per yr 1.96% 0.60% % Tot Ret 0.00% 0.00% T P/E $20.59 $11.62 P/E:  $20.20 $16.02 -3.16% <-IRR #YR-> 10 Price & Dividend -22.17%
Price 15 D.  per yr 1.89% % Tot Ret -70.68% CAPE Diff -7.49% -4.57% <-IRR #YR-> 15 Stock Price -50.44%
Price  20 D.  per yr 3.46% % Tot Ret 47.79% 3.78% <-IRR #YR-> 20 Stock Price 110.22%
Price  25 D.  per yr 4.47% % Tot Ret 36.20% 7.88% <-IRR #YR-> 25 Stock Price 565.86%
Price  30 D.  per yr 3.24% % Tot Ret 32.90% 6.61% <-IRR #YR-> 30 Stock Price 581.71%
Price  35 D.  per yr 6.55% % Tot Ret 34.46% 12.46% <-IRR #YR-> 34 Stock Price
Price & Dividend 15 -2.68% <-IRR #YR-> 15 Price & Dividend -28.60%
Price & Dividend 20 7.25% <-IRR #YR-> 20 Price & Dividend 211.45%
Price & Dividend 25 12.35% <-IRR #YR-> 25 Price & Dividend 897.58%
Price & Dividend 30 9.85% <-IRR #YR-> 30 Price & Dividend 926.57%
Price & Dividend 35 19.02% <-IRR #YR-> 34 Price & Dividend
Price  5 -$57.05 $0.00 $0.00 $0.00 $0.00 $23.86 Price  5
Price 10 -$40.32 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.00% $23.86 Price 10
Price & Dividend 5 -$57.05 $1.15 $0.24 $0.08 $0.08 $23.86 Price & Dividend 5
Price & Dividend 10 -$40.32 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $23.86 Price & Dividend 10
Price 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.86 Price 15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.86 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.86 Price  25
Price  30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.86 Price  30
Price  35 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.86 Price  35
Price & Dividend 15 $0.84 $0.88 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $23.94 Price & Dividend 15
Price & Dividend 20 $0.84 $0.88 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $23.94 Price & Dividend 20
Price & Dividend 25 $0.84 $0.88 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $23.94 Price & Dividend 25
Price & Dividend 30 $0.84 $0.88 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $23.94 Price & Dividend 30
Price & Dividend 35 $0.84 $0.88 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $23.94 Price & Dividend 35
Price H/L Med.  $51.04 $45.25 $44.93 $49.00 $41.55 $48.08 $54.73 $52.59 $32.00 $26.30 $29.64 $27.73 $29.02 -38.72% <-Total Growth 10 Stock Price
Increase 0.29% -11.34% -0.72% 9.06% -15.21% 15.72% 13.83% -3.90% -39.15% -17.83% 12.70% -6.43% 4.65% -4.78% <-IRR #YR-> 10 Stock Price -38.72%
P/E 20.50 22.18 187.19 5.61 15.50 28.28 23.39 -7.01 17.11 -12.95 51.99 308.11 23.03 -12.71% <-IRR #YR-> 5 Stock Price -49.33%
Trailing P/E 17.78 18.17 22.02 204.15 4.75 17.94 32.19 22.47 -4.27 14.06 -14.60 48.65 322.44 -3.03% <-IRR #YR-> 10 Price & Dividend -22.10%
P/E on Running 5 yr Average 23.69 19.16 22.46 14.96 12.83 15.61 17.43 33.03 146.79 -36.32 -31.19 -19.81 82.44 -12.05% <-IRR #YR-> 5 Price & Dividend -44.36%
P/E on Running 10 yr Average 33.53 28.38 28.76 20.69 16.29 18.37 19.89 29.28 18.32 20.92 27.83 31.87 29.86 20.50 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 1.74% 0.66% % Tot Ret -57.49% -5.47% T P/E 19.98 14.06 P/E:  20.25 17.11 Count 34 Years of data
-$45.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $27.73
-$54.73 $0.00 $0.00 $0.00 $0.00 $27.73
-$45.25 $0.92 $0.96 $1.00 $1.04 $1.09 $1.15 $0.24 $0.08 $0.08 $27.81
-$54.73 $1.15 $0.24 $0.08 $0.08 $27.81
High Months Jan Jan Feb Aug Jun Dec Jan Jun Jan Feb Sep Mar Apr
pre 1996 split
pre 2006 split
Price High $62.07 $55.50 $49.65 $58.89 $46.40 $58.55 $58.88 $60.82 $48.50 $33.84 $38.10 $32.79 $33.26 -40.92% <-Total Growth 10 Stock Price
Increase 3.85% -10.58% -10.54% 18.61% -21.21% 26.19% 0.56% 3.29% -20.26% -30.23% 12.59% -13.94% 1.43% -5.13% <-IRR #YR-> 10 Stock Price -40.92%
P/E 24.93 27.21 206.88 6.74 17.31 34.44 25.16 -8.11 25.94 -16.67 66.84 364.33 26.40 -11.05% <-IRR #YR-> 5 Stock Price -44.31%
Trailing P/E 21.63 22.29 24.34 245.38 5.31 21.85 34.64 25.99 -6.47 18.10 -18.77 57.53 369.56 24.93 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 23.09 18.10 P/E:  25.55 25.94 46.85 P/E Ratio Historical High
-$55.50 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $32.79
-$58.88 $0.00 $0.00 $0.00 $0.00 $32.79
Low Months Oct Sep May Dec Mar Jan May Oct Sep Mar Jan Dec Jan
pre 1996 split
pre 2006 split
Price Low $40.00 $35.00 $40.20 $39.10 $36.69 $37.60 $50.57 $44.36 $15.50 $18.75 $21.17 $22.67 $24.78 -35.23% <-Total Growth 10 Stock Price
Increase -4.76% -12.50% 14.86% -2.74% -6.16% 2.48% 34.49% -12.28% -65.06% 20.97% 12.91% 7.09% 9.31% -4.25% <-IRR #YR-> 10 Stock Price -35.23%
P/E 16.06 17.16 167.50 4.47 13.69 22.12 21.61 -5.91 8.29 -9.24 37.14 251.89 19.67 -14.83% <-IRR #YR-> 5 Stock Price -55.17%
Trailing P/E 13.94 14.06 19.71 162.92 4.20 14.03 29.75 18.96 -2.07 10.03 -10.43 39.77 275.33 14.05 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 16.49 10.03 P/E:  17.65 8.29 6.77 P/E Ratio Historical Low
-$35.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $22.67
-$50.57 $0.00 $0.00 $0.00 $0.00 $22.67
Free Cash Flow WSJ -$530.63 -$45.72 -$360.67 -$456.47 -$477.72 $45.66 $27.91 -$355.19 -676.96% <-Total Growth 7 Free Cash Flow Mostly 
Change 91.38% -688.96% -26.56% -4.65% 109.56% -38.89% -1372.75% -$0.27 <-Median-> 7 Change Agrees
Free Cash Flow MS $206 -$505 -$1,312 -$1,328 -$631 -$46 -$361 -$456 -$478 $45.7 $28 -$355 $125 $269 $372 29.70% <-Total Growth 10 Free Cash Flow
Change 92.71% -684.78% -26.32% -4.82% 109.56% -38.73% -1367.86% 135.21% 115.20% 38.29% -0.33% <-IRR #YR-> 5 Free Cash Flow MS 1.66%
FCF/CF from Op Ratio 211.49 -38.19 -395.31 199.44 2803.94 34.05 267.57 125.52 71.67 189.03 660.17 -3.46% <-IRR #YR-> 10 Free Cash Flow MS 29.70%
Dividends paid $126.75 $132.93 $139.42 $146.18 $150.86 $156.10 $177.95 $201.52 $42.13 $14.04 $14.04 $14.04 $14.04 $14.04 $14.04 -89.43% <-Total Growth 10 Dividends paid
Percentage paid -23.91% -339.36% -49.29% -44.19% -8.81% 30.73% 50.16% -3.96% 11.24% 5.22% 3.78% -$0.16 <-Median-> 8 Percentage paid
5 Year Coverage -36.95% -45.68% -36.82% -23.52% -15.50% 62.31% 16.00% 5 Year Coverage
Dividend Coverage Ratio -4.18 -0.29 -2.03 -2.26 -11.35 3.25 1.99 -25.28 8.90 19.15 26.49 -2.15 <-Median-> 8 Dividend Coverage Ratio
5 Year of Coverage -2.71 -2.19 -2.72 -4.25 -6.45 1.60 6.25 5 Year of Coverage
$361 $0 $0 $0 $0 -$355
$505 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$355
Market Cap. $7,715 $6,091 $7,255 $6,756 $6,159 $8,689 $10,012 $8,061 $5,258 $3,815 $5,426 $4,189 $5,521 $5,521 $5,521 -31.23% <-Total Growth 10 Market Cap
Diluted # of Shares in Million 151.940 151.304 181.814 152.605 150.988 150.279 163.029 175.541 175.554 175.554 175.554 175.554 175.554 16.03% <-Total Growth 10 Diluted
Change -0.18% -0.42% 20.16% -16.07% -1.06% -0.47% 8.48% 7.67% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Diluted
Difference Diluted/Basic -0.7% -0.2% -16.7% -0.3% 0.0% -0.1% -0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -0.02% <-Median-> 10 Difference Diluted/Basic
Basic # of Shares in Millions 150.897 151.058 151.497 152.218 150.918 150.077 162.910 175.541 175.554 175.554 175.554 175.554 175.554 16.22% <-Total Growth 10 Basic
Change -0.08% 0.11% 0.29% 0.48% -0.85% -0.56% 8.55% 7.75% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Change
Difference Basic/Outstanding 0.1% 0.0% 0.2% 0.2% -0.8% 0.2% 7.7% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00% <-Median-> 10 Difference Basic/Outstanding
# of Share in Millions 151.034 151.069 151.807 152.465 149.772 150.357 175.488 175.554 175.554 175.554 175.554 175.554 175.554 175.554 175.554 1.51% <-IRR #YR-> 10 Shares 16.21%
Change 0.00% 0.02% 0.49% 0.43% -1.77% 0.39% 16.71% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% <-IRR #YR-> 5 Shares 0.04%
CF fr Op $M $919.67 $504.31 $333.19 $264.14 -$514.69 $105.62 $235.86 -$303.53 -$355.27 $121.49 $134.20 -$245.36 $182.58 $442.40 $691.68 -148.65% <-Total Growth 10 Cash Flow
Increase 88.15% -45.16% -33.93% -20.72% -294.85% 120.52% 123.30% -228.69% -17.05% 134.19% 10.46% -282.83% 174.41% 142.31% 56.35% SO Buy Backs
5 year Running Average $516.6 $524.9 $528.9 $502.0 $301.3 $138.5 $84.8 -$42.5 -$166.4 -$39.2 -$33.5 -$129.7 -$32.5 $127.1 $241.1 -124.71% <-Total Growth 10 CF 5 Yr Running
CFPS $6.09 $3.34 $2.19 $1.73 -$3.44 $0.70 $1.34 -$1.73 -$2.02 $0.69 $0.76 -$1.40 $1.04 $2.52 $3.94 -141.87% <-Total Growth 10 Cash Flow per Share
Increase 88.15% -45.18% -34.25% -21.07% -298.36% 120.44% 91.32% -228.64% -17.05% 134.19% 10.46% -282.83% 174.41% 142.31% 56.35% #NUM! <-IRR #YR-> 10 Cash Flow -148.65%
5 year Running Average $3.42 $3.48 $3.50 $3.32 $1.98 $0.91 $0.51 -$0.28 -$1.03 -$0.20 -$0.19 -$0.74 -$0.18 $0.72 $1.37 #NUM! <-IRR #YR-> 5 Cash Flow -204.03%
P/CF on Med Price 8.38 13.56 20.47 28.28 -12.09 68.44 40.72 -30.42 -15.81 38.00 38.77 -19.84 27.90 0.00 0.00 #NUM! <-IRR #YR-> 5 Cash Flow per Share -203.99%
P/CF on Closing Price 8.39 12.08 21.77 25.58 -11.97 82.26 42.45 -26.56 -14.80 31.40 40.44 -17.07 30.24 12.48 7.98 #NUM! <-IRR #YR-> 10 Cash Flow per Share -141.87%
24.07% Diff M/C #NUM! <-IRR #YR-> 10 CFPS 5 yr Running -121.26%
Excl.Working Capital CF -$341.76 $136.49 -$74.81 -$97.96 $525.96 -$15.90 $641.09 $505.73 $334.55 -$229.25 $168.61 $338.02 $0.00 $0.00 $0.00 #NUM! <-IRR #YR-> 5 CFPS 5 yr Running -245.58%
CF fr Op $M WC $577.9 $640.8 $258.4 $166.2 $11.3 $89.7 $876.9 $202.2 -$20.7 -$107.8 $302.8 $92.7 $182.6 $442.4 $691.7 -85.54% <-Total Growth 10 Cash Flow less WC
Increase -8.95% 10.88% -59.68% -35.68% -93.22% 696.32% 877.42% -76.94% -110.25% -419.92% 380.99% -69.40% 97.04% 142.31% 56.35% -17.58% <-IRR #YR-> 10 Cash Flow less WC -85.54%
5 year Running Average $485.6 $591.2 $551.6 $455.6 $330.9 $233.3 $280.5 $269.3 $231.9 $208.1 $250.7 $93.8 $89.9 $182.5 $342.4 -36.21% <-IRR #YR-> 5 Cash Flow less WC -89.43%
CFPS Excl. WC $3.83 $4.24 $1.70 $1.09 $0.08 $0.60 $5.00 $1.15 -$0.12 -$0.61 $1.72 $0.53 $1.04 $2.52 $3.94 -16.81% <-IRR #YR-> 10 CF less WC 5 Yr Run -84.13%
Increase -8.95% 10.86% -59.87% -35.96% -93.10% 693.22% 737.45% -76.95% -110.25% -419.92% 380.99% -69.40% 97.04% 142.31% 56.35% -19.67% <-IRR #YR-> 5 CF less WC 5 Yr Run -66.55%
5 year Running Average $3.21 $3.91 $3.65 $3.01 $2.19 $1.54 $1.69 $1.58 $1.34 $1.20 $1.43 $0.53 $0.51 $1.04 $1.95 -18.81% <-IRR #YR-> 10 CFPS - Less WC -87.56%
P/CF on Med Price 13.34 10.67 26.39 44.95 552.26 80.57 10.95 45.66 -271.03 -42.84 17.18 52.54 27.90 0.00 0.00 -36.21% <-IRR #YR-> 5 CFPS - Less WC -89.44%
P/CF on Closing Price 13.35 9.51 28.08 40.65 546.61 96.85 11.42 39.87 -253.67 -35.40 17.92 45.20 30.24 12.48 7.98 -18.05% <-IRR #YR-> 10 CFPS 5 yr Running -86.34%
*Operational Cash Flow per share (see note below) CF/-WC P/CF Med 10 yr 24.37 5 yr  -15.81 P/CF Med 10 yr 35.67 5 yr  17.18 -15.23% Diff M/C -20.59% <-IRR #YR-> 5 CFPS 5 yr Running -68.41%
Fr 2012 chged re Googe Fin.
-$151.07 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $175.55 Shares
-$175.49 $0.00 $0.00 $0.00 $0.00 $175.55 Shares
-$504.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$245.4 Cash Flow
-$235.9 $0.0 $0.0 $0.0 $0.0 -$245.4 Cash Flow
-$3.91 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.53 CFPS 5 yr Running
-$1.69 $0.00 $0.00 $0.00 $0.00 $0.53 CFPS 5 yr Running
Income taxes paid -$172.87 -$309.04 -$53.22 -$23.87 -$15.164 -$9.967 -$22.536 -$71.390 -$77.451 Excluded re WSJ
Interest paid from E&C
Interest paid from Capital investments -$14.817 -$18.285 -$15.763
Income taxes paid
Interest paid from E&C
Interest paid from Capital investments
Other Reconciling Items:
Income taxes recognized in net income
Net financial expenses recognized in net income
Share-based expense $21.63
Income from Capital investments accounted for by the equity method
Dividends and distributions received from Capital investments $157.08
Net change in provisions related to forecasted
Gain on disposals of Capital investments -$174.35
Restructuring costs recognized in net income
Restructuring costs paid -$78.75
Loss on disposals of E&C businesses
Other
Net change in non-cash working capital items:
Decrease in trade receivables $118.40 -$30.035 $51.957 -$15.214 $196.175 $42.036 -$34.775
Increase in Contract Assets -$453.412 -$34.506 $361.597 -$163.760 -$130.064
Increase in contracts in progress -$86.12 -$246.72 $125.217
Increase in inventories -$27.03 -$1.30 $11.571 $11.956 $15.193 $69.500 -$0.941 -$0.492
Dec/Inc in other fin. Assets $110.408 -$43.979 -$2.970 -$29.454 $150.207 -$30.308
Increase in other current non-financial assets -$81.61 $357.34 -$121.563 $57.160 -$12.926 -$32.968 -$41.466 -$70.433
Decrease in trade payable -$18.44 -$248.364 -$14.614 -$193.288 -$330.717 -$63.528 $21.207
Inc in contract liab $121.856 -$91.888 $6.803 -$14.186 $3.823
Increase (decrease) in downpayments on contracts -$112.10 -$226.72 -$109.719 $0.000
Decrease in deferred revenues -$86.58 $89.40 -$334.319 $0.000
Decrease in other current financial liabilities -$80.05 -$19.75 -$20.591 -$19.195 $16.720 -$64.893 $75.082 $7.172
Increase (decrease) in other current non-financial liabilities -$78.05 $63.64 -$23.698 -$217.463 -$15.667 $53.205 -$80.663 -$26.700
    $97.96                
Sum $97.96 -$525.96 $15.90 -$641.093 -$505.734 -$334.546 $229.248 -$168.609 -$338.021
Google - TD bank 2018 -$98.31 -$862.25 -$12.01 -$645 -$529 -$364 $233 -$133 -$339 TD agrees with Google
Difference $196.27 $336.29 $27.91 $4 $23 $29 -$4 -$36 $1
WSJ -$641.09 -$505.73 -$334.55 $229.25 -$97.22
Difference $0 $0 $0 $0 -$71
OPM 12.76% 6.23% 4.21% 3.21% -5.37% 1.25% 2.53% -3.01% -3.73% 1.73% 1.82% -3.25% 2.42% -152.15% <-Total Growth 10 OPM
Increase 64.80% -51.14% -32.45% -23.86% -267.45% -123.23% 102.63% -219.13% 24.04% -146.43% 5.01% -278.53% -174.57% Should increase  or be stable.
Diff from Median 755.9% 318.2% 182.5% 115.1% -460.2% -16.3% 69.5% -302.0% -350.5% 16.3% 22.2% -318.1% 62.6% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 1.49% 5 Yrs -3.01% should be  zero, it is a   check on calculations
Long Term Debt $1,909.77 $2,349.24 $3,885.65 $879.62 $874.94 $821.94 $3,599.36 $2,491.27 $1,664.60 $1,766.29 $1,553.30 $1,509.11 $1,509.11 -35.76% <-Total Growth 10 Debt
Change 23.01% 65.40% -77.36% -0.53% -6.06% 337.91% -30.79% -33.18% 6.11% -12.06% -2.84% 0.00% -4.45% <-Median-> 10 Change
Debt/Market Cap Ratio 0.25 0.39 0.54 0.13 0.14 0.09 0.36 0.31 0.32 0.46 0.29 0.36 0.27 0.31 <-Median-> 10 Debt/Market Cap Ratio
Assets/Current Liabilities Ratio 2.38 2.43 2.65 1.93 2.06 2.35 3.06 2.31 2.57 2.42 2.50 2.40 2.40 2.41 <-Median-> 10 Assets/Current Liabilities Ratio
Debt to Cash Flow (Years) 2.08 4.66 11.66 3.33 -1.70 7.78 15.26 -8.21 -4.69 14.54 11.57 -6.15 8.27 5.56 <-Median-> 10 Debt to Cash Flow (Years)
Intangibles $301 $273 $194 $1,090 $921 $666 $544 $446 $346 $346 14.77% <-Total Growth 8 Intangibles
Goodwill $639 $636 $577 $2,760 $3,387 $3,268 $6,323 $5,370 $3,429 $3,429 $3,383 $3,371 $3,371 430.17% <-Total Growth 10 Goodwill
Total $639 $636 $577 $3,061 $3,659 $3,462 $7,413 $6,291 $4,095 $3,974 $3,829 $3,716 $3,716 484.52% <-Total Growth 10 Total
Change -0.58% -9.26% 430.59% 19.55% -5.39% 114.11% -15.14% -34.91% -2.96% -3.65% -2.94% 0.00% -3.30% <-Median-> 10 Change
Intangible/Market Cap Ratio 0.08 0.10 0.08 0.45 0.59 0.40 0.74 0.78 0.78 1.04 0.71 0.89 0.67 0.72 <-Median-> 10 Intangible/Market Cap Ratio
Current Assets $3,546 $3,794 $3,916 $5,051 $5,198 $4,190 $4,615 $4,658 $5,150 $4,052 $3,632 $3,362 $3,362 Liquidity ratio of 1.5 and up, best
Current Liabilities $3,514 $3,958 $4,443 $5,195 $5,090 $3,962 $4,503 $5,608 $4,528 $4,274 $3,951 $3,934 $3,934 0.96 <-Median-> 10 Ratio
Liquidity 1.01 0.96 0.88 0.97 1.02 1.06 1.02 0.83 1.14 0.95 0.92 0.85 0.85 0.92 <-Median-> 5 Ratio
Liq. with CF aft div 1.23 1.05 0.92 0.99 0.99 1.04 1.03 0.80 1.13 0.97 0.95 0.85 0.90 0.95 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  0.99 0.83 0.67 0.91 0.99 1.02 0.62 0.80 1.13 0.93 0.89 0.83 0.90 0.89 <-Median-> 5 Ratio
Curr Long Term Debt $185.29 $7.75 $8.20 $21.01 $334.32 $1,176.75 $393.18 $206.04 $110.87 $547.29 $547.29 Curr Long Term Debt
Liquidity Less CLTD 0.92 0.97 1.02 1.06 1.11 1.05 1.25 1.00 0.95 0.99 0.99 1.00 <-Median-> 5 Ratio
Liq. with CF aft div 0.97 1.00 0.99 1.05 1.12 1.01 1.23 1.02 0.98 0.99 1.04 1.01 <-Median-> 5 Ratio
Assets $8,354 $9,611 $11,773 $10,011 $10,503 $9,298 $13,763 $12,940 $11,645 $10,340 $9,876 $9,460 $9,460 Debt Ratio of 1.5 and up, best
Liabilities $6,467 $7,532 $9,732 $6,695 $6,600 $5,402 $8,539 $9,284 $7,927 $7,772 $6,883 $6,581 $6,581 1.45 <-Median-> 10 Ratio
Debt Ratio 1.29 1.28 1.21 1.50 1.59 1.72 1.61 1.39 1.47 1.33 1.43 1.44 1.44 1.43 <-Median-> 5 Ratio
Estimates BVPS $19.90 Estimates Estimates BVPS
Estimate Book Value $3,493.5 Estimates Estimate Book Value
P/B Ratio (Close) 1.58 Estimates P/B Ratio (Close)
Difference from 10 year median -13.24% Diff M/C Estimates Difference from 10 yr med.
Total Book Value $1,887 $2,078 $2,040 $3,317 $3,903 $3,896 $5,223 $3,656 $3,717 $2,568 $2,993 $2,879 $2,879 38.52% <-Total Growth 10 Total Book Value
Non-Control Int. $4 $3 $4 $11 $35 $23 -$2 $5 $2 $11 $20 $10 $10 218.71% <-Total Growth 10 Non-Control Int.
Book Value $1,883 $2,075 $2,037 $3,306 $3,868 $3,873 $5,225 $3,651 $3,715 $2,557 $2,973 $2,870 $2,870 $2,870 $2,870 38.26% <-Total Growth 10 Book Value
Book Value per Share $12.47 $13.74 $13.42 $21.68 $25.83 $25.76 $29.77 $20.80 $21.16 $14.57 $16.94 $16.35 $16.35 $16.35 $16.35 18.98% <-Total Growth 10 Book Value per Share
Change 10.22% 10.19% -2.35% 61.61% 19.12% -0.26% 15.58% -30.15% 1.76% -31.17% 16.28% -3.49% 0.00% 0.00% 0.00% 28.41% P/B Ratio Current/Historical Median
P/B Ratio (Median) 4.09 3.29 3.35 2.26 1.61 1.87 1.84 2.53 1.51 1.81 1.75 1.70 1.78 2.34 P/B Ratio Historical Median
P/B Ratio (Close) 4.10 2.93 3.56 2.04 1.59 2.24 1.92 2.21 1.42 1.49 1.82 1.46 1.92 1.92 1.92 1.75% <-IRR #YR-> 10 Book Value per Share 18.98%
Change -22.46% -28.36% 21.37% -42.63% -22.10% 40.91% -14.59% 15.24% -35.90% 5.41% 22.33% -20.01% 31.81% 0.00% 0.00% -11.30% <-IRR #YR-> 5 Book Value per Share -45.10%
Leverage (A/BK) 4.43 4.62 5.77 3.02 2.69 2.39 2.63 3.54 3.13 4.03 3.30 3.29 3.29 3.21 <-Median-> 10 A/BV
Debt/Equity Ratio 3.43 3.62 4.77 2.02 1.69 1.39 1.63 2.54 2.13 3.03 2.30 2.29 2.29 2.21 <-Median-> 10 Debt/Eq Ratio
Sharerholders Equity P/BV 10 yr Med 1.82 5 yr Med 1.75 5.63% Diff M/C 4.26 Historical 28 A/BV
Comprehensive Income $330.73 $313.34 $66.52 $1,385.91 $883.39 $135.59 $322.19 -$1,052.61 $132.83 -$1,133.12 $441.48 -$100.48 -132.07% <-Total Growth 10 Comprehensive Income
NCI 9.244 0.415 0.616 $1.24 $36.82 -$2.30 $1.17 $0.86 $1.10 $10.33 $5.58 -$9.25 -2328.67% <-Total Growth 10 Comprehensive Income
Shareholders $321.49 $312.92 $65.90 $1,384.67 $846.57 $137.89 $321.02 -$1,053.47 $131.73 -$1,143.46 $435.90 -$91.23 -129.15% <-Total Growth 10 Comprehensive Income
Increase -16.58% -2.66% -78.94% 2001.14% -38.86% -83.71% 132.81% -428.17% 112.50% -968.02% 138.12% -120.93% -120.93% <-Median-> 5 Comprehensive Income
5 Yr Running Average $312.14 $343.47 $304.65 $494.07 $586.31 $549.59 $551.21 $327.34 $76.75 -$321.26 -$261.66 -$344.11 #NUM! <-IRR #YR-> 10 Comprehensive Income -129.15%
ROE 17.1% 15.1% 3.2% 41.9% 21.9% 3.6% 6.1% -28.9% 3.5% -44.7% 14.7% -3.2% #NUM! <-IRR #YR-> 5 Comprehensive Income -128.42%
5Yr Median 22.6% 22.6% 17.1% 17.1% 17.1% 15.1% 6.1% 6.1% 3.6% 3.5% 3.5% -3.2% #NUM! <-IRR #YR-> 10 5 Yr Running Average -200.18%
% Difference from NI -15.0% 1.4% 84.6% 4.2% 111.3% -45.7% -16.0% -19.9% -59.8% 19.0% -34.2% -1038.8% #NUM! <-IRR #YR-> 5 5 Yr Running Average -162.43%
Median Values Diff 5, 10 yr -17.9% -34.2% -3.2% <-Median-> 5 Return on Equity
Current Liability Coverage Ratio 0.16 0.16 0.06 0.03 0.00 0.02 0.19 0.04 0.00 -0.03 0.08 0.02 0.05   CFO / Current Liabilities
5 year Median 0.16 0.16 0.16 0.16 0.06 0.03 0.03 0.03 0.02 0.02 0.04 0.02 0.02 2.8% <-Median-> 10 Current Liability Cov Ratio
Asset Efficiency Ratio 6.92% 6.67% 2.19% 1.66% 0.11% 0.96% 6.37% 1.56% -0.18% -1.04% 3.07% 0.98% 1.93% CFO / Total Assets
5 year Median 6.92% 6.92% 6.92% 6.67% 2.19% 1.66% 1.66% 1.56% 0.96% 0.96% 1.56% 0.98% 0.98% 1.3% <-Median-> 10 Return on Assets 
Return on Assets 4.5% 3.2% 0.3% 13.3% 3.8% 2.7% 2.8% -10.2% 2.8% -9.3% 6.7% 0.1% 2.2% Net  Income/Assets Return on Assets
5Yr Median 4.6% 4.6% 4.5% 4.5% 3.8% 3.2% 2.8% 2.8% 2.8% 2.7% 2.8% 0.1% 2.2% 2.8% <-Median-> 10 Asset Efficiency Ratio
ROE on Adjusted EPS 11.3% 9.4% 9.9% 10.0% 6.3% 4.0% -7.3% 5.1% 3.9% 0.0% ROE on Adjusted EPS
ROE 20.1% 14.9% 1.8% 40.2% 10.4% 6.6% 7.3% -36.0% 8.8% -37.6% 22.3% 0.3% 7.4% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 23.7% 23.7% 20.1% 20.1% 14.9% 10.4% 7.3% 7.3% 7.3% 6.6% 7.3% 0.3% 7.4% 6.9% <-Median-> 10 Return on Equity
Net Income $387.3 $309.5 $36.4 $1,334.6 $437.5 $256.6 $383.2 -$1,316.3 $330.6 -$956.3 $672.1 $0.1 -99.96% <-Total Growth 10 Net Income
NCI $8.5 $0.4 $0.6 $1.2 $33.2 $1.0 $1.1 $0.6 $2.4 $9.2 $5.5 -$9.6 -2418.31% <-Total Growth 10 NCI
Shareholders $378.8 $309.1 $35.8 $1,333.3 $404.3 $255.5 $382.0 -$1,316.9 $328.2 -$965.4 $666.6 $9.8 $212 $407 $505 -96.85% <-Total Growth 10 Shareholders
Increase -13.32% -18.40% -88.43% 3627.76% -69.68% -36.80% 49.51% -444.71% 124.92% -394.15% 169.04% -98.54% 2074.36% 91.98% 24.08% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $328.2 $359.4 $304.0 $498.8 $492.3 $467.6 $482.2 $211.7 $10.6 -$263.3 -$181.1 -$255.6 $50.2 $66.0 $360.1 -29.22% <-IRR #YR-> 10 Net Income -96.85%
Operating Cash Flow $919.67 $504.31 $333.19 $264.14 -$514.69 $105.62 $235.86 -$303.53 -$355.27 $121.49 $134.20 -$245.36 -51.98% <-IRR #YR-> 5 Net Income -97.45%
Investment Cash Flow -$863.6 -$1,062.9 -$1,670.9 -$499.0 $584.0 -$87.1 -$3,063.8 -$45.4 $2,718.5 -$185.1 -$263.7 -$82.5 #NUM! <-IRR #YR-> 10 5 Yr Running Ave. -171.11%
Total Accruals $322.77 $867.76 $1,373.50 $1,568.25 $335.00 $236.99 $3,209.93 -$967.99 -$2,034.98 -$901.81 $796.07 $337.58 #NUM! <-IRR #YR-> 5 5 Yr Running Ave. -153.00%
Total Assets $8,354 $9,611 $11,773 $10,011 $10,503 $9,298 $13,763 $12,940 $11,645 $10,340 $9,876 $9,460 Balance Sheet Assets
Accruals Ratio 3.86% 9.03% 11.67% 15.66% 3.19% 2.55% 23.32% -7.48% -17.48% -8.72% 8.06% 3.57% -7.48% <-Median-> 5 Ratio
EPS/CF Ratio 0.65 0.48 0.14 8.02 35.63 2.85 0.47 -6.51 -15.84 3.31 0.33 0.17 0.40 <-Median-> 10 EPS/CF Ratio
-$309 $0 $0 $0 $0 $0 $0 $0 $0 $0 $10
-$382 $0 $0 $0 $0 $10
-$359 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$256
-$482 $0 $0 $0 $0 -$256
Change in Close -14.5% -21.1% 18.5% -7.3% -7.2% 40.5% -1.3% -19.5% -34.8% -27.4% 42.2% -22.8% 31.8% 0.0% 0.0% Count 29 Years of data
up/down down down down down down up up up down down Count 20 68.97%
Meet Prediction? Yes Yes Yes Yes Yes % right Count 11 55.00%
Financial Cash Flow -$56.77 $505.10 $1,269.55 $816.58 -$241.47 -$538.23 $2,953.41 $269.72 -$1,802.15 -$190.43 -$192.54 $283.12 C F Statement  Financial Cash Flow
Total Accruals $379.54 $362.66 $103.95 $751.66 $576.47 $775.22 $256.52 -$1,237.71 -$232.84 -$711.38 $988.61 $54.46 Accruals
Accruals Ratio 4.54% 3.77% 0.88% 7.51% 5.49% 8.34% 1.86% -9.57% -2.00% -6.88% 10.01% 0.58% -2.00% <-Median-> 5 Ratio
Cash $1,231.05 $1,174.90 $1,108.69 $1,702.21 $1,581.83 $1,055.48 $706.57 $634.08 $1,188.64 $932.90 $932.90 $570.28 $570.28 Cash
Cash per Share $8.15 $7.78 $7.30 $11.16 $10.56 $7.02 $4.03 $3.61 $6.77 $5.31 $5.31 $3.25 $3.25 $5.31 <-Median-> 5 Cash per Share
Percentage of Stock Price 15.96% 19.29% 15.28% 25.20% 25.68% 12.15% 7.06% 7.87% 22.61% 24.45% 17.19% 13.61% 10.33% 17.19% <-Median-> 5 % of Stock Price
Cash $1,231.05 $1,174.90 $1,108.7 $1,702.2 $1,581.8 $1,055.5 $706.6 $634.1 $1,188.6 $932.9 $932.9 $570.3 Cash
Lianbilities $6,467.29 $7,532.48 $9,732.4 $6,694.6 $6,599.7 $5,402.0 $8,539.3 $9,283.8 $7,927.3 $7,772.0 $6,882.5 $6,580.9 Lianbilities
Equity $1,883.07 $2,075.43 $2,036.7 $3,305.6 $3,868.2 $3,873.2 $5,225.1 $3,650.9 $3,715.0 $2,557.1 $2,973.4 $2,869.5 Equity
New Debt/Eq Ratio 2.78 3.06 4.23 1.51 1.30 1.12 1.50 2.37 1.81 2.67 2.00 2.09 New Debt/Eq Ratio
Org. Debt/Eq Ratio 3.43 3.62 4.77 2.02 1.69 1.39 1.63 2.54 2.13 3.03 2.30 2.29 Org. Debt/Eq Ratio
Operating Cash Flow $919.67 $504.31 $333.2 $264.1 -$514.7 $105.6 $235.9 -$303.5 -$355.3 $121.5 $134.2 -$245.4 Operating Cash Flow
+Depreciation $138.48 $160.78 $201.0 $167.2 $162.4 $143.1 $215.6 $324.6 $402.3 $354.3 $271.3 $251.5 +Depreciation
+Amortization $0.00 $0.00 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 +Amortization
-Dividends -$126.75 -$132.93 -$139.4 -$146.2 -$150.9 -$156.1 -$177.9 -$201.5 -$42.1 -$14.0 -$14.0 -$14.0 -Dividends
-capital spending -$863.64 -$1,062.95 -$1,670.9 -$499.0 $584.0 -$87.1 -$3,063.8 -$45.4 $2,718.5 -$185.1 -$263.7 -$82.5 -capital spending
Sum $67.76 -$530.79 -$1,276.2 -$213.8 $80.9 $5.5 -$2,790.3 -$225.9 $2,723.3 $276.6 $127.8 -$90.4 Sum
Operating Cash Flow $919.67 $504.31 $333.19 $264.14 -$514.69 $105.62 $235.86 -$303.53 -$355.27 $121.49 $134.20 -$245.36 Operating Cash Flow
exclude non-cash -$341.76 $136.49 -$74.81 -$97.96 $525.96 -$15.90 $641.09 $505.73 $334.55 -$229.25 $168.61 $338.02 exclude non-cash
+Depreciation $138.48 $160.78 $200.95 $167.24 $162.42 $143.09 $215.56 $324.57 $402.26 $354.29 $271.31 $251.46 +Depreciation
+Amortization $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 +Amortization
-Dividends -$126.75 -$132.93 -$139.42 -$146.18 -$150.86 -$156.10 -$177.95 -$201.52 -$42.13 -$14.04 -$14.04 -$14.04 -Dividends
-capital spending -$863.64 -$1,062.95 -$1,670.92 -$499.05 $584.03 -$87.08 -$3,063.75 -$45.38 $2,718.47 -$185.12 -$263.71 -$82.47 -capital spending
Sum -$274.00 -$394.30 -$1,351.00 -$311.81 $606.85 -$10.37 -$2,149.19 $279.88 $3,057.87 $47.36 $296.37 $247.61 Sum
http://seekingalpha.com/article/3094346-is-it-time-to-buy-snc-lavalin
This recent item discusses the recent corruption allagations agains this company.
Notes:
April 23, 2023.  Last estimates were for 2022, 2023 and 2024 of $7386M, $7.44M and $7467M for Revenue, $1.72, $2.05 amd $1.88 for AEPS, $1.75, $2.45 and $3.08 for EPS, /td>
$0.08, $0.09 and $0.14 for Dividends, -$118M, $149M and $410M for FCF, $2.04, $3.25 and $3.73 for CFPS, $18.30 and 20.10 2022/3 for BVPS, $273M, $401M amd $524M for Net Income.
April 24, 2022.  Last estimates were for $7304M, $7167M and $7014M for Revenue, $1.71, $1.96 and $1.95 for AEPS, $1.79, $2.07 and $2.58 for EPS, 
$0.08, $0.09 and $0.14 for Dividends, -$70M, $266M and $349M for FCF, $2.10, $2.61 and $3.66 for CFPS and $298M, $366M and $395M for Net Income.
April 24, 2021.  Last estimates were for 2020 and 2021 of $8763M, $8400M and $7562M for Revenue for 2020 to 2022, $2.33 and $2.74 for Adj EPS, $1.94 and 2.60 for EPS, 
$0.08 and $0.09 for Dividend, $21M, $331M and $288M for FCF for 2020 to 2022, $1.67 for CF for 2020 and $325M and $429M for Net Income.
April 18, 2020.  Last estimates were for 2019, 2020 and 2021 of 10,000M, $10084M and $9903M for Revenue, $3.10 and $3.56 for Adj EPS for 2019 and 2020,
 $2.16, $2.59 and $2.70 for EPS, $0.51, $0.41 and $0.41 for Div, $2.54, $3.07 and $4.00 for CFPS and $498M and $496M for Net Income for 2019 and 2020.
April 24, 2019.  Last estates were for 2018, 2019 and 2020 of $11466, $12007M, and $12616M for Revenue, $3.39 for 2018 for Adjusted EPS, 
$2.73, $3.24 and 4.30 for EPS, $4.34 and $4.75 for CFPS for 2018 and 2019 and $489M and $624M for Net Income for 2018 and 2019.
April 17, 2018.  Last estimates were for 2017, 2018 and 2019 of $8232M, $8715M and $8893M for Revenue, $3.06 and 3.39 for Adj EPS for 2017 and 2018, 
$2.91, $3.26 and $3.41 for EPS, $2.88 and $3.59 for CFPS for 2017 and 2018 and $412M, $474M and $513M for Net Income.
April 16, 2017.  Last estimates were for 2016 and 2017 of $9221M and $9349M for Revenue, $2.62 and $3.00 for Adj EPS, $2.43 and $2.73 EPS and $406M and $507M for Net Income.
April 24, 2016.  Last estimates were for 2015 and 2016 of $8091M and $9717M for Revenue, $2.73 and $3.39 for Adjusted EPS, $2.16 and $2.68 for EPS,
 $-0.29 and $3.59 for CFPS, $285M and $430M for Net Income
May 10, 2015.  Last estimates were for 2014, 2015 of $7864M and $8091M for Revenue, $2.38 and $3.15 for EPS, $4.11 and $4.77 for CFPS and $377M and $479M for Net Income.
May 5, 2014.  Last estimates were for 2013 and 2014 of $8221M and $8526M for Revenue, $2.33 and $2.82 for EPS and $3.38 and $4.01 for CFPS.
Reason for low net income are Restructuring costs and goodwill impairment and higher interest on debt.
May 2013.  Last estimates were fore 2012 and 2013 of $7621M and $8045M for Revenues, $2.45 and $2.85 for EPS and $4.24 (2012) for CFPS.
2012 Report.  I looked at the 2012 reports of early March and financial statements are unaudited.
May 18, 2012.  When I last got estimates, I got them for 2011 and 2012 with $6766M and $7284M Revenue, $2.75 and $3.17 EPS and $3.45 and $4.24 for CF.
Jul 10, 2011.  When I last looked, I got estimates for 2010 and 2011 of $2.45 and $2.71 for EPS and $3.60 and $3.80 for Cash Flow.
They are heavily in debt, but they still have $1.2B in cash on cash flow statement.  The increase in cash was low this years at $70M.
Jun 15, 2010.  When I last looked at this stock I got estimates for 2009 and 2010 earnings of $245 and $2.70 and Cash Flow of $3.60 and $3.80.
Apr 21, 2010.  When I last looked at this stock I got estimates for 2009 and 2010 for earnings of $2.14 and $2.16 and Cash Flow of $3.08 and $3.26. 
AR 2008.  Since I bought this stock in 1998, I have made a return of over 29% per year.  I sold some in 2008 as this stock was getting to be too large a % of my portfolio.
It is now just under 3% of my portfolio and it has more room to grow.  I have simply locked in some of the profit I have made on this stock.
Mar 2008.  Price is rising faster than another other growth measurement.  Points to stock being over priced.  Rated as a buy by many.  
The stock is raising faster than the market.  If you believe you should not bet agains the market, if could be a buy.  I have done exceeding well by the stock.
AP 2007.  IRR since purchase is 32%. Accural Ratio has come down a lot this year.  TD is now covering stock with an Action Buy List Status. Continue to HOLD
AR.2006.  IRR since purchase in 1998 is down a bit to 33%.  Still a keeper. Probably got over priced, but no reason to sell at present.  It is now rated as a buy with price at $38.
AR.2005.  IRR since purchase in 1998 is 37%.  Still a keeper.  TD Newcrest does not follow, but FP 7 analyst say hold.  Over priced? Expect earnings up but cash flow to go down?
AR 2004.  Liquity ratio is not in the comfort zone of at least 1.5 (it is 1.3).  Otherwise stock is doing great.  Actual return IRR since '98 is 37.05
AR 2003.   I think it is still a keeper.
AR 2002.  I think this stock will do well.  At present it is a keeper. 
AP 1999.  Note that stock took an earnings hit when it invested in highway 407 in 1999.  However, long term this investment should work out well.
ICI is Infrastructure concession investments.
E&C is Engineering and Construction. The Company provides engineering and construction and operations and maintenance expertise.
O&M is Operations & Maintenance
REW is Resources, Environment and Water 
On this stock I have excluded non-cash change in Operational Cash flow.  Some analysts sites recommend that changes in current assets and current liabilities be exluded from Cash Flow.  
Otherwise, Cash Flow from operations may not properly reflect how a company is doing.
Sector:
Construction, Industrial
What should this stock accomplish?
Expect in the longer term low diividends and good growth in diividends.  It will also have volitiity. 
Would I buy this company and Why.
I think that this is a good dividend growth company and one to grow a portfolio with.
Why am I following this stock. 
I had this stock on a hit list as it was on Mike Higgs' Canadian Dividend Growth stock list and on the other dividend lists that I followed.
Why I bought this stock.
This stock was one from Mike Higgs' list of dividend growth stocks.  I liked the idea of low dividends and high dividend increases.  
When you are building up a portfolio, low dividends are good for tax reasons.  High dividend increases are attractive for the future.
By 2008 this stock had grown so much it was too high a percentage of my portfolio.  I sold 1/3 of my stock.
In 2012 I bought 100 shares for my trading account.  I was selling low paying dividend stocks from my Pension RRSP and I still wanted SNC as part of my portfolio. 
In the end SNC was not one of the low paying dividend stocks I sold, but I still bought some shares for my Trading Account.
Why I sold this stock
I sold my stock in SNC-Lavalin (TSX-SNC, OTC-SNCAF) om 2019. I had given up hope that there will be any sort of resolution for this company anytime soon. 
I live off my dividends and they have cut the dividends twice this year.
In 2019 the Investment Reporter has removed this stock from their Key Stock List and Issued a <a href="https://www.adviceforinvestors.com/news/
canadian-stocks/sell-snc-lavalin-group/" target="_top" > sell </a> on the stock .  Also in 2019 the largest shareholder and a shareholder for lots of Quebec 
companies of Caisse de Depot et Placement du Quebec seems to be <a href="https://business.financialpost.com/news/fp-street/snc-lavalin-tests-
largest-shareholder-caisses-patience-with-latest-profit-warning-charge" target="_top" > losing patience </a> with this stock also. 
Dividends
Cannot really put this stock in a cycle but dividends seems to vary between cycle 2 and cycle 3.   The first dividends are paid in April, the next one in May or June, 
the 3rd one in August or September and the last in November or December.
Dividends are declared for shareholders of record in one month for payment in the next month.  For example, the dividend payable on April 3, 2014 was for shareholders of record of March 20, 2014.
How they make their money
Based in Montreal, SNC-Lavalin is a fully integrated professional services and project management firm that offers a wide range of services, including financing, 
consulting, engineering and construction, procurement, and operations and maintenance. The firm serves clients in the infrastructure, nuclear, and engineering 
design and project management industries. Additionally, the company owns infrastructure projects through its capital segment.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
Shares; '%, Value $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Change
Date April 24  2016 April 16 2017 April 17 2018 April 24 2019 April 18 2020 April 24 2021 April 24 2022 April 24 2022 Was officer 2019,CEO 2020
Edwards, Ian L. 0.003 0.00% 0.008 0.00% 0.014 0.01% 0.034 0.02% 0.036 2.72% 8.00%
Officer - Shares - Amount $0.104 $0.182 $0.442 $0.803 $1.144
Options - percentage 0.130 0.07% 0.286 0.16% 0.440 0.25% 0.564 0.32% 0.590 0.34% 4.69%
Options - amount $3.898 $6.210 $13.594 $13.450 $18.561
Bruce, Neil 0.021 0.01% 0.024 0.01% 0.028 0.02% 0.041 0.02% Was an officer to 2019
CEO - Shares - Amount $1.190 $1.368 $1.263 $1.234 Site says CFO 2020
Options - percentage 0.323 0.21% 0.340 0.19% 0.375 0.21% 0.418 0.24%
Options - amount $18.658 $19.386 $17.221 $12.533
Bell, Jeffrey 0.000 0.00% 0.002 0.00% 0.003 0.00% 0.014 0.01% 333.41%
CFO - Shares - Amount $0.000 $0.062 $0.079 $0.453
Options - percentage 0.000 0.00% 0.165 0.09% 0.244 0.14% 0.370 0.21% 51.76%
Options - amount $0.000 $5.100 $5.824 $11.650
Girard, Sylvain 0.000 0.00% 0.003 0.00% 0.004 0.00% 0.006 0.00% 0.009 0.01% Last filing March 2020
CFO - Shares - Amount $0.000 $0.149 $0.183 $0.166 $0.195 INK says CFO in 2020?
Options - percentage 0.000 0.00% 0.041 0.02% 0.062 0.04% 0.088 0.05% 0.120 0.07% Ceased insider Aug 2020
Options - amount $0.000 $2.356 $2.842 $2.642 $2.608
Cullens, Alan James 0.004 0.00% 0.009 0.01% 0.018 0.01% 0.034 0.02% 85.46%
Officer - Shares - Amount $0.081 $0.274 $0.433 $1.059
Options - percentage 0.069 0.04% 0.092 0.05% 0.107 0.06% 0.111 0.06% 4.39%
Options - amount $1.499 $2.851 $2.545 $3.501
Brown, Christian 0.000 0.00% 0.000 0.00% 0.000 0.00%
Officer - Shares - Amount $0.000 $0.000 $0.000
Options - percentage 0.045 0.03% 0.077 0.04% 0.081 0.05%
Options - amount $2.624 $4.412 $3.705
Newman, Steven Leon 0.005 0.00% 0.005 0.00% 0.005 0.00% 0.005 0.00% 0.00%
Director - Shares - Amount $0.107 $0.152 $0.117 $0.155
Options - percentage 0.026 0.01% 0.033 0.02% 0.042 0.02% 0.054 0.03% 29.25%
Options - amount $0.566 $1.017 $0.997 $1.698
Bougie, Jacques 0.000 0.00% 0.000 0.00% 0.002 0.00% 0.002 0.00% 0.002 0.00% Ceased insider May 2020
Director - Shares - Amount $0.000 $0.000 $0.092 $0.060 $0.043
Options - percentage 0.008 0.01% 0.012 0.01% 0.015 0.01% 0.021 0.01% 0.032 0.02%
Options - amount $0.475 $0.669 $0.709 $0.629 $0.688
Young, William L. 0.012 0.01% 0.012 0.01% 0.036 0.02% 191.06%
Chairman - Shares - Amt $0.380 $0.293 $1.126
Options - percentage 0.007 0.00% 0.021 0.01% 0.038 0.02% 80.03%
Options - amount $0.230 $0.508 $1.205
Lynch, Kevin Gordon 0.000 0.00% 0.000 0.00% 0.000 0.00%
Chairman - Shares - Amt $0.000 $0.000 $0.000
Options - percentage 0.005 0.00% 0.015 0.01% 0.034 0.02%
Options - amount $0.246 $0.443 $0.745
Caisse de dépôt et placement du Québec Last filed in 2015.
10% holder as of 2014
Increase in O/S Shares 0.111 0.07% 0.585 0.39% 0.251 0.14% 0.066 0.04% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.046 0.03% Zero in 2019, 2020, 2021
due to SO  $4.564 $33.832 $14.320 $3.031 $0.000 $0.000 $0.000 $1.088
Book Value $5.210 $28.027 $12.162 $3.347 $0.000 -$1.144 $0.000 $1.418 Ave price
Insider Buying -$0.817 -$0.441 -$0.463 -$0.717 $0.000 $0.101 -$0.427 -$0.954
Insider Selling $0.000 $0.000 $0.064 $0.182 $0.520 $0.520 $0.656 $1.428
Net Insider Selling -$0.817 -$0.441 -$0.399 -$0.535 $0.520 $0.621 $0.229 $0.474
% of Market Cap -0.01% 0.00% 0.00% -0.01% 0.01% 0.01% 0.01% 0.01%
Directors  10 11 11 11 11 11 10 11
Women 1 10% 2 18% 3 27% 3 27% 3 27% 3 27% 3 30% 4 36%
Minorities 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0%
Institutions/Holdings 167 42.20% 185 28.16% 182 28.16% 20 66.05% 20 75.06% 20 27.85%
Total Shares Held 63.224 42.05% 42.353 24.13% 63.312 36.06% 115.956 66.05% 131.771 75.06% 48.889 27.85%
Increase/Decrease -0.147 -0.23% -1.097 -2.52% -4.026 -5.98% -5.203 -4.29% -1.249 -0.94% 4.495 10.13%
Starting No. of Shares 63.371 43.449 67.338 121.159 Top 20 MS 133.020 Top 20 MS 44.394 Top 20 MS
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