SNC CN
SNC-Lavalin Group Inc.
Industrial/Transportation
05/01/2014
Presented
| Date | 04/28/2014 |
| Price | CA$48.09 |
| Market Cap | $7.31B |
| Ent Value | $10.39B |
| P/E Ratio | 19.46x |
| Book Value | CA$13.97 |
| Div Yield | N/A |
| Shares O/S | 152.08M |
| Ave Daily Vol | 320,000 |
| Short Int | N/A |
Current
| Price | CA$62.30 |
| Market Cap | $8.72B |
| SNC-Lavalin Group Inc. operates as an engineering and construction company worldwide. The company offers engineering, procurement, construction, project management, financing, and operation and maintenance services to mining and metallurgy, oil and gas, environment and water, infrastructure, and clean power industries. It undertakes various infrastructure projects, such as airports, buildings, health care, educational and recreational facilities, seaports, marine and ferry terminals, flood control and urban transit systems, railways, and roads and bridges, as well as water and wastewater treatment and distribution facilities; and provides environmental services. The company also undertakes projects in energy from waste, green energy solutions, and transmission and distribution, as well as hydro, thermal, and nuclear power generation; and bitumen production, heavy oil production, onshore and offshore oil and gas, upgrading and refining, petrochemicals, specialty chemicals, biofuels, gas processing, liquefied natural gas plants and re-gasification terminals, carbon capture, transportation and storage, pipelines, terminals and pump stations, and coal gasification areas. In addition, the company is involved in the mine infrastructure development, mineral processing, smelting, refining, mine closure and reclamation, and mine and tailings management activities, as well as in the production of fertilizers. Further, it provides operations, maintenance, and logistics solutions for buildings, power plants, water supply and treatment systems, desalination plants, postal services, broadcasting facilities, telecommunications infrastructure, highways, bridges, light rail transit systems, airports, ships, oil and gas facilities, and camps for construction operations and the military. SNC-Lavalin Group Inc. was founded in 1911 and is headquartered in Montreal, Canada. |
Highlights
The presenter is long shares of Canada’s largest engineering and construction (E&C) business, SNC-Lavalin Group (SNC), and believes they may be able to monetize AltaLink more quickly (and at a better price) than the market expects. He likes CEO Robert Card’s management style, and noted his ability to clean house (hire new management and streamline operations) following the fraud/ bribery scandal surrounding the previous management team.
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