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  "documentTitle": "WSP Global Inc. (WSP)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-04-03 00:00:00",
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  "notes": "The slide uses a bar chart comparison to show WSP (in red) trading at a premium to the peer group average (orange line).",
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      "kind": "callout",
      "text": "The charts below put WSP's stretched valuation in greater context. The premium may exist because investors believe WSP is a superior acquiror and operator within the industry.",
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      "text": "2024E EV / Revenue",
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      "text": "2024E EV / EBITDA",
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      "kind": "metric",
      "text": "EV/EBITDA: 16.0x",
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      "kind": "source-note",
      "text": "Source: Company financials, Bloomberg and Spruce Point estimates.",
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      "kind": "title",
      "text": "WSP's Valuation Appears Stretched (Cont'd)",
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