Michael Derksen - Aecon Senior West

ARE Stock  CAD 27.20  0.08  0.29%   

Executive

Michael Derksen is Senior West of Aecon Group
Address 20 Carlson Court, Toronto, ON, Canada, M9W 7K6
Phone416 297 2600
Webhttps://www.aecon.com

Aecon Management Efficiency

The company has return on total asset (ROA) of (0.045) % which means that it has lost $0.045 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0626) %, meaning that it generated substantial loss on money invested by shareholders. Aecon's management efficiency ratios could be used to measure how well Aecon manages its routine affairs as well as how well it operates its assets and liabilities. As of the 20th of December 2024, Return On Assets is likely to grow to 0.05, while Return On Tangible Assets are likely to drop 0.03. At this time, Aecon's Return On Assets are very stable compared to the past year. As of the 20th of December 2024, Asset Turnover is likely to grow to 1.69, while Total Assets are likely to drop about 1.7 B.
Aecon Group has accumulated 418.19 M in total debt with debt to equity ratio (D/E) of 1.1, which is about average as compared to similar companies. Aecon Group has a current ratio of 1.35, which is within standard range for the sector. Debt can assist Aecon until it has trouble settling it off, either with new capital or with free cash flow. So, Aecon's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aecon Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aecon to invest in growth at high rates of return. When we think about Aecon's use of debt, we should always consider it together with cash and equity.

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Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. Aecon Group Inc. was founded in 1877 and is headquartered in Toronto, Canada. AECON GROUP operates under Engineering Construction classification in Canada and is traded on Toronto Stock Exchange. It employs 5600 people. Aecon Group (ARE) is traded on Toronto Exchange in Canada and employs 8,684 people. Aecon is listed under Construction & Engineering category by Fama And French industry classification.

Management Performance

Aecon Group Leadership Team

Elected by the shareholders, the Aecon's board of directors comprises two types of representatives: Aecon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aecon. The board's role is to monitor Aecon's management team and ensure that shareholders' interests are well served. Aecon's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aecon's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Derksen, Senior West
Mathew Kattapuram, Senior Vice Presiden -Strategic Business Development
Susan Jenah, Independent Director
Deborah Stein, Independent Director
Blair Brandon, VP West
Joseph Carrabba, Lead Independent Director
David Smales, Chief Financial Officer, Executive Vice President
John Singleton, Senior West
Jerome Julier, Executive CFO
Monica Sloan, Independent Director
Yonni Fushman, Executive Vice President Chief Legal Officer and Secretary
Mark Scherer, Executive Vice President Industrial & Chief Safety Officer
Thomas Clochard, Executive Nuclear
Martina Doyle, Public Counsel
James Hole, Independent Director
John Brace, Independent Director
Alistair MacCallum, Senior Finance
Timothy Hutzul, Executive Officer
Steven Hong, Director Relations
JeanLouis Servranckx, President, Chief Executive Officer, Director
Eric MacDonald, Executive Utilities
John Beck, Non-Executive Chairman of the Board, Director
Marty Harris, Senior East
CPIR CFA, Senior Relations
Eric Rosenfeld, Independent Director
Steven JD, Executive Concessions
Anthony Franceschini, Lead Independent Director
Steven Nackan, Executive Concessions
Gordana Terkalas, Senior Resources

Aecon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Aecon a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Aecon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aecon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aecon will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aecon Stock

  0.7AMZN Amazon CDRPairCorr
  0.7WMT Walmart Inc CDRPairCorr

Moving against Aecon Stock

  0.88PFE Pfizer Inc CDRPairCorr
The ability to find closely correlated positions to Aecon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aecon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aecon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aecon Group to buy it.
The correlation of Aecon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aecon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aecon Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aecon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Aecon Stock

Aecon financial ratios help investors to determine whether Aecon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aecon with respect to the benefits of owning Aecon security.