Company Valuation: CGI Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,262 24,613 31,217 35,041 27,354 21,088 - -
Change - -6.28% 26.83% 12.25% -21.94% -22.91% - -
Enterprise Value (EV) 1 28,723 27,623 33,288 36,880 30,821 24,336 23,475 22,917
Change - -3.83% 20.51% 10.79% -16.43% -21.04% -3.54% -2.38%
P/E 19.9x 17.2x 19.5x 21.3x 16.9x 11.9x 10.5x 9.58x
PBR 3.84x 3.47x 4.26x 3.98x 2.65x 2.06x 1.94x 1.8x
PEG - 1.5x 1.4x 3.25x 30.88x 0.7x 0.8x 0.96x
Capitalization / Revenue 2.17x 1.91x 2.18x 2.39x 1.72x 1.27x 1.24x 1.21x
EV / Revenue 2.37x 2.15x 2.33x 2.51x 1.94x 1.47x 1.38x 1.31x
EV / EBITDA 11.7x 10.8x 11.8x 12.5x 9.56x 7.32x 6.86x 6.39x
EV / EBIT 14.7x 13.2x 14.4x 15.3x 11.8x 8.97x 8.33x 7.75x
EV / FCF 14.4x 18.6x 17x 17.6x 14.6x 11.7x 10.8x 10.3x
FCF Yield 6.94% 5.38% 5.87% 5.68% 6.87% 8.56% 9.23% 9.7%
Dividend per Share 2 - - - - 0.6 0.68 0.754 0.8614
Rate of return - - - - 0.48% 0.66% 0.73% 0.84%
EPS 2 5.41 6.04 6.86 7.31 7.35 8.693 9.791 10.77
Distribution rate - - - - 8.16% 7.82% 7.7% 8%
Net sales 1 12,127 12,867 14,296 14,676 15,913 16,560 16,991 17,477
EBITDA 1 2,463 2,561 2,832 2,953 3,225 3,323 3,423 3,587
EBIT 1 1,952 2,087 2,313 2,416 2,611 2,712 2,820 2,955
Net income 1 1,369 1,466 1,631 1,693 1,658 1,826 1,967 2,085
Net Debt 1 2,460 3,010 2,071 1,839 3,467 3,249 2,388 1,830
Reference price 2 107.59 103.99 133.88 155.62 123.96 103.14 103.14 103.14
Nbr of stocks (in thousands) 244,097 236,691 233,174 225,172 220,666 204,456 - -
Announcement Date 11/10/21 11/9/22 11/8/23 11/6/24 11/5/25 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.14x3.77x13.17x2.87% 222B
-116.79x18.57x106.98x-.--% 115B
13.73x1.52x7.97x3.49% 113B
14.91x2.72x10.28x5.51% 87.05B
20.45x5.36x13.17x2.79% 62.19B
14.69x2.13x9.06x5.31% 47.45B
20.59x1.68x10.33x1.42% 39.79B
20.4x1.55x9.86x0.92% 38.85B
17.74x2.3x10.68x4.87% 36.84B
Average 3.21x 4.40x 21.28x 3.02% 84.77B
Weighted average by Cap. -1.63x 5.29x 25.56x 2.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield