Aecon Group (TSX:ARE) EV-to-EBIT: 3,301.09 (As of Aug. 12, 2026) — 24013% Above Median

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TSX:ARE Aecon Group Inc TSX:ARE
76 GF Score
Price C$45.40
GF Value C$27.15
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Aecon Group EV-to-EBIT?

Aecon Group TSX:ARE +0.60% 76 EV-to-EBIT is 3,301.09 as of Aug. 12, 2026, which is 24013% above its 10-year median of 13.69. GuruFocus rates TSX:ARE with a GF Score™ of 76/100 and a GF Value™ of C$27.15 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,425 Construction companies, Aecon Group ranks worse than 99.93% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aecon Group's Enterprise Value is C$2,978 Mil. Aecon Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was C$1 Mil. Therefore, Aecon Group's EV-to-EBIT for today is 3,301.09.

The historical rank and industry rank for Aecon Group's EV-to-EBIT or its related term are showing as below:

TSX:ARE' s EV-to-EBIT Range Over the Past 10 Years
Min: -32.34   Med: 13.69   Max: 4128.73
Current: 3301.09

During the past 13 years, the highest EV-to-EBIT of Aecon Group was 4128.73. The lowest was -32.34. And the median was 13.69.

TSX:ARE's EV-to-EBIT is ranked worse than
99.93% of 1425 companies
in the Construction industry
Industry Median: 10.99 vs TSX:ARE: 3301.09

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Aecon Group's Enterprise Value for the quarter that ended in Jun. 2026 was C$2,986 Mil. Aecon Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was C$1 Mil. Aecon Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 0.03%.


Aecon Group  (TSX:ARE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Aecon Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=0.90199999999999/2985.8256
=0.03 %

Aecon Group's Enterprise Value for the quarter that ended in Jun. 2026 was C$2,986 Mil.
Aecon Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aecon Group EV-to-EBIT Related Terms


Aecon Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Aecon Group's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aecon Group EV-to-EBIT Chart

Aecon Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.67 10.92 1.83 -30.01 30.51

Aecon Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.49 31.27 30.51 29.58 3,310.23

TSX:ARE vs PWR, FIX, EME: EV-to-EBIT Comparison

For the Engineering & Construction subindustry, Aecon Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aecon Group EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Aecon Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aecon Group's EV-to-EBIT falls into.


TSX:ARE
76GF Score
Aecon Group Inc TSX:ARE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aecon Group EV-to-EBIT Calculation

Aecon Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2977.581/0.90199999999999
=3,301.09

Aecon Group's current Enterprise Value is C$2,978 Mil.
Aecon Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 3,301.09 mean?
Aecon Group (TSX:ARE) has a EV-to-EBIT of 3,301.09 as of Aug. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aecon Group and its competitors. This is 24013% above median its historical median of 13.69. According to the industry distribution chart, Aecon Group ranks #1424 out of 1425 companies in the Construction industry, placing it in the top 99.9%.
Is Aecon Group's EV-to-EBIT too high?
Aecon Group's current EV-to-EBIT of 3,301.09 is 24013% above median its 10-year median of 13.69. The Construction industry median EV-to-EBIT is 10.99. Aecon Group's value of 3,301.09 is 29937.2% above this industry median. Based on the distribution chart, Aecon Group ranks #1424 out of 1425 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aecon Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's EV-to-EBIT compare to PWR and FIX?
According to the Construction industry distribution chart, Aecon Group ranks #1424 out of 1425 companies for EV-to-EBIT. This places Aecon Group in the lower half of its industry. The industry median EV-to-EBIT is 10.99. Aecon Group's value of 3,301.09 is 29937.2% above this benchmark. While the company's 10-year median is 13.69 vs. the industry median of 10.99, Aecon Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Construction company?
The median EV-to-EBIT among Construction companies is 10.99, based on 1,425 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aecon Group's current EV-to-EBIT of 3,301.09 is 29937.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aecon Group and its competitors. For the Construction industry, the median EV-to-EBIT is 10.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aecon Group's current EV-to-EBIT is 3,301.09, which is 24013% above median its own 10-year median of 13.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aecon Group stock overvalued right now?
Based on GuruFocus' analysis, Aecon Group (TSX:ARE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$27.15, compared to a current price of C$45.40 — trading 67.2% above its estimated fair value. The current EV-to-EBIT is 3,301.09, which is 24013% above median its 10-year median of 13.69 and 29937.2% above the Construction industry median of 10.99. Aecon Group's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Aecon Group (TSX:ARE), the current EV-to-EBIT is 3,301.09 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aecon Group (TSX:ARE) Overvalued in 2026?

Based on GuruFocus' analysis, Aecon Group stock appears to be overvalued. The current stock price of C$45.40 is trading 67.2% above its estimated GF Value™ of C$27.15. GuruFocus considers Aecon Group to be Significantly Overvalued.

Key valuation signals for TSX:ARE:

  • EV-to-EBIT: 3,301.09 (24013% above median its 10-year median of 13.69)
  • GF Value™: C$27.15 vs. price of C$45.40 (67.2% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 29937.2% above the Construction median (#1424 of 1425)

No single metric tells the full story. See the TSX:ARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aecon Group Business Description

Other Exchanges AEGXF:USA2AE:Germany
Address 20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects. Its concessions segment is engaged in the development, financing, construction, and operation of construction projects. The company generates the maximum revenue from the Construction segment.
76GF Score

Get the complete analysis for TSX:ARE

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$45.40
Price
C$27.15
GF Value