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 19,975 - -
Change - -6.28% 26.83% 12.25% -21.94% -26.98% - -
Enterprise Value (EV) 1 28,723 27,623 33,288 36,880 30,821 22,986 22,000 21,862
Change - -3.83% 20.51% 10.79% -16.43% -25.42% -4.29% -0.63%
P/E 19.9x 17.2x 19.5x 21.3x 16.9x 11x 9.84x 9.01x
PBR 3.84x 3.47x 4.26x 3.98x 2.65x 1.91x 1.77x 1.63x
PEG - 1.5x 1.4x 3.25x 30.88x 0.6x 0.9x 0.97x
Capitalization / Revenue 2.17x 1.91x 2.18x 2.39x 1.72x 1.21x 1.18x 1.15x
EV / Revenue 2.37x 2.15x 2.33x 2.51x 1.94x 1.39x 1.3x 1.26x
EV / EBITDA 11.7x 10.8x 11.8x 12.5x 9.56x 6.99x 6.37x 6.04x
EV / EBIT 14.7x 13.2x 14.4x 15.3x 11.8x 8.46x 7.79x 7.42x
EV / FCF 14.4x 18.6x 17x 17.6x 14.6x 10.8x 9.96x 9.59x
FCF Yield 6.94% 5.38% 5.87% 5.68% 6.87% 9.27% 10% 10.4%
Dividend per Share 2 - - - - 0.6 0.68 0.749 0.8614
Rate of return - - - - 0.48% 0.71% 0.79% 0.9%
EPS 2 5.41 6.04 6.86 7.31 7.35 8.694 9.689 10.59
Distribution rate - - - - 8.16% 7.82% 7.73% 8.13%
Net sales 1 12,127 12,867 14,296 14,676 15,913 16,526 16,952 17,400
EBITDA 1 2,463 2,561 2,832 2,953 3,225 3,290 3,456 3,617
EBIT 1 1,952 2,087 2,313 2,416 2,611 2,717 2,825 2,948
Net income 1 1,369 1,466 1,631 1,693 1,658 1,836 1,972 2,090
Net Debt 1 2,460 3,010 2,071 1,839 3,467 3,011 2,025 1,887
Reference price 2 107.59 103.99 133.88 155.62 123.96 95.39 95.39 95.39
Nbr of stocks (in thousands) 244,097 236,691 233,174 225,172 220,666 209,404 - -
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.($)
10.97x1.39x6.99x0.71% 14.26B
21.83x3.49x12.38x3.17% 200B
-94.18x14.89x86.21x-.--% 93.2B
10.67x1.17x6.15x4.52% 87.86B
14.71x2.68x10.13x5.59% 85.25B
19.62x5.15x12.71x2.9% 59.17B
14.24x2.08x8.72x5.47% 46.1B
20.09x1.49x9.43x0.98% 35.57B
18.84x1.52x9.54x1.58% 35.24B
16.4x2.11x9.79x5.27% 33.83B
Average 5.32x 3.60x 17.21x 3.02% 69.03B
Weighted average by Cap. 2.44x 4.37x 20.53x 3.2%

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