Aecon GroupTSX:ARE +0.69%80 Market Cap is C$3,017 Mil as of Jun. 29, 2026. GuruFocus rates TSX:ARE with a GF Score™ of 80/100 and a GF Value™ of C$25.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,807 Construction companies, Aecon Group ranks better than 89.49% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Aecon Group's share price for the quarter that ended in Mar. 2026 was C$41.81. Aecon Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 68 Mil. Therefore, Aecon Group's market cap for the quarter that ended in Mar. 2026 was C$2,863 Mil.
Aecon Group's quarterly market cap
increased
from Sep. 2025 (C$1,507 Mil) to Dec. 2025 (C$2,004 Mil) and
increased
from Dec. 2025 (C$2,004 Mil) to Mar. 2026 (C$2,863 Mil).
Aecon Group's annual market cap
increased
from Dec. 2023 (C$814 Mil) to Dec. 2024 (C$1,710 Mil) and
increased
from Dec. 2024 (C$1,710 Mil) to Dec. 2025 (C$2,004 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Aecon Group's Enterprise Value for Today is C$2,975 Mil.
Aecon Group (TSX:ARE) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Aecon Group Market Cap Related Terms
Aecon Group Market Cap Historical Data
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The historical data trend for Aecon Group's Market Cap 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.
For the Engineering & Construction subindustry, Aecon Group's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Construction Industry
For the Construction industry and Industrials sector, Aecon Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Aecon Group's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Aecon Group's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (TSX:ARE) has a Market Cap of C$3,017 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Aecon Group and its competitors. According to the industry distribution chart, Aecon Group ranks #190 out of 1807 companies in the Construction industry, placing it in the top 10.5%.
Is Aecon Group's Market Cap too high?
Aecon Group's current Market Cap is C$3,017 Mil. Based on the distribution chart, Aecon Group ranks #190 out of 1807 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Aecon Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's Market Cap compare to PWR and FIX?
According to the Construction industry distribution chart, Aecon Group ranks #190 out of 1807 companies for Market Cap. This places Aecon Group in the top 11% of its industry — outperforming the majority of peers. The industry median Market Cap is 119.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Construction company?
The median Market Cap among Construction companies is 119.09, based on 1,807 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Aecon Group and its competitors. For the Construction industry, the median Market Cap is 119.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aecon Group's current Market Cap is C$3,017 Mil. 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$25.81, compared to a current price of C$44.06 — trading 70.7% above its estimated fair value. The current Market Cap is C$3,017 Mil. Aecon Group's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Aecon Group (TSX:ARE), the current Market Cap is C$3,017 Mil as of Jun. 29, 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$44.06 is trading 70.7% above its estimated GF Value™ of C$25.81.
GuruFocus considers Aecon Group to be Significantly Overvalued.
Key valuation signals for TSX:ARE:
Market Cap: C$3,017 Mil
GF Value™: C$25.81 vs. price of C$44.06 (70.7% above fair value)
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 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.
80GF Score
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