CGY.TO
Calian Group Ltd.
TorontoCADEQUITY
Industrials
DELAYED
Last price
76.56
▼ 1.46 (1.87%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
78.07
Prev close
78.02
Day high
78.58
Day low
76.30
Volume
36.23K
Market cap
$881.37M
P/E (TTM)
22.79
52W range
44.89 – 95.50
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
246.25K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 17, 26 | Majic (William) Senior Officer of Issuer |
BUY | 71 | $4.08K | Direct |
| May 20, 26 | Houston (Patrick Belanger) Senior Officer of Issuer |
EXERCISE | 4.70K | $201.26K | Direct |
| May 20, 26 | Houston (Patrick Belanger) Senior Officer of Issuer |
EXERCISE | 1.74K | $76.27K | Direct |
| May 20, 26 | Houston (Patrick Belanger) Senior Officer of Issuer |
SELL | 6.43K | $378.59K | Direct |
| May 18, 26 | Jacobson (David Vincent) Director of Issuer |
BUY | 107 | $5.64K | Direct |
| May 18, 26 | Majic (William) Senior Officer of Issuer |
BUY | 78 | $4.05K | Direct |
| Mar 18, 26 | Majic (William) Senior Officer of Issuer |
BUY | 28 | $1.58K | Direct |
| Feb 26, 26 | Richardson (Ronald) Director of Issuer |
EXERCISE | 1.82K | $80.17K | Direct |
| Feb 23, 26 | Majic (William) Senior Officer of Issuer |
— | 0 | — | Direct |
| Feb 12, 26 | Jacobson (David Vincent) Director of Issuer |
— | 0 | — | Direct |
| Dec 22, 25 | Blair (Joshua Andrew) Director of Issuer |
EXERCISE | 941 | $39.30K | Direct |
| Dec 22, 25 | Demirian (Eric A.) Director of Issuer |
EXERCISE | 739 | $30.87K | Direct |
| Dec 22, 25 | Greatrix (Lisa Carol) Director of Issuer |
EXERCISE | 941 | $39.30K | Direct |
| Dec 9, 25 | Ford (Kevin Lee) Senior Officer of Issuer |
EXERCISE | 3.04K | $126.39K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Blair (Joshua Andrew) |
Director of Issuer | 5.94K | Exercise of rights |
Ford (Kevin Lee) |
Senior Officer of Issuer | 67.07K | Exercise of rights |
Houston (Patrick Belanger) |
Senior Officer of Issuer | 26.96K | Exercise of options |
Ivay (Susan Jane) |
Senior Officer of Issuer | 6.26K | Exercise of rights |
Muldner (Michael) |
Senior Officer of Issuer | 3.29K | Exercise of rights |
Park, Young |
Director of Issuer | 6.65K | Exercise of rights |
Poirier (Jo-Anne Cecile) |
Director of Issuer | 8.06K | Exercise of rights |
Richardson (Ronald) |
Director of Issuer | 6.22K | Exercise of options |
Sorbie (Valerie) |
Director of Issuer | 4.36K | Acquisition or disposition in the public market |
Weber (George Brian) |
Director of Issuer | 8.94K | Exercise of rights |
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-8.73%
-7.4%
1M
-2.03%
-5.8%
3M
-8.25%
-11.3%
6M
+3.17%
-7.9%
YTD
+37.90%
+25.6%
1Y
+62.65%
+42.7%
3Y
+48.34%
-25.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$881.37M
Enterprise value$1.02B
Revenue (TTM)$870.28M
Gross profit$298.70M
EBITDA$84.46M
Net income$38.40M
EPS (TTM)$3.36
Free cash flow$8.75M
Total cash$46.34M
Total debt$184.54M
Book value / share$29.53
Shares outstanding11.51M
Float11.44M
Short % of float—
Dividend yield1.46%
Beta (5Y)0.94
Short interest
Shares short
213.38K
Prior 225.95K
Change vs prior
-5.6%
Shorts covering
% of float
—
—
% of shares out
2.13%
Against total outstanding
Days to cover
6.2
Crowded exit
Float
11.44M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E22.79
Forward P/E15.09
PEG ratio—
Price / sales—
Price / book2.59
EV / revenue1.17
EV / EBITDA12.07
Gross margin34.32%
Operating margin5.47%
Profit margin4.41%
Return on equity11.98%
Return on assets4.18%
Debt / equity54.28
Current ratio1.61
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $774.11M | $746.61M | $658.58M | $582.17M | +3.7% |
| Operating revenue | $774.11M | $746.61M | $658.58M | $582.17M | +3.7% |
| Cost of revenue | $514.82M | $492.60M | $454.37M | $412.95M | +4.5% |
| Gross profit | $259.29M | $254.01M | $204.21M | $169.23M | +2.1% |
| Research & development | $11.79M | $11.97M | $11.45M | $5.37M | -1.4% |
| Selling, general & admin | $173.58M | $154.26M | $126.77M | $97.92M | +12.5% |
| Total operating expense | $232.07M | $208.06M | $166.64M | $134.45M | +11.5% |
| Operating income | $27.21M | $45.95M | $37.57M | $34.77M | -40.8% |
| Net interest income | -$8.60M | -$6.63M | -$896.00K | -$746.00K | -29.6% |
| Pre-tax income | $25.50M | $22.32M | $29.96M | $24.16M | +14.2% |
| Tax provision | $4.94M | $11.14M | $11.08M | $10.55M | -55.7% |
| Net income | $20.56M | $11.18M | $18.89M | $13.60M | +83.9% |
| Net income to common | $20.56M | $11.18M | $18.89M | $13.60M | +83.9% |
| Basic EPS | 1.78 | 0.95 | 1.61 | 1.19 | +87.4% |
| Diluted EPS | 1.76 | 0.93 | 1.61 | 1.19 | +89.2% |
| EBIT | $34.09M | $28.95M | $30.86M | $24.91M | +17.8% |
| EBITDA | $80.79M | $70.78M | $59.27M | $56.06M | +14.1% |
| Basic shares | 11.58M | 11.84M | 11.71M | 11.34M | -2.2% |
| Diluted shares | 11.65M | 11.93M | 11.71M | 11.38M | -2.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $46.10M | $51.79M | $33.73M | $42.65M | -11.0% |
| Cash & short-term investments | $46.10M | $51.79M | $33.73M | $42.65M | -11.0% |
| Accounts receivable | $159.86M | $151.02M | $164.80M | $168.61M | +5.9% |
| Inventory | $52.74M | $43.64M | $38.56M | $58.51M | +20.9% |
| Total current assets | $293.01M | $276.81M | $264.54M | $296.51M | +5.9% |
| Property, plant & equipment | $74.13M | $77.34M | $70.79M | $33.30M | -4.2% |
| Goodwill & intangibles | $342.48M | $338.64M | $235.36M | $215.63M | +1.1% |
| Total assets | $721.50M | $707.92M | $585.72M | $547.16M | +1.9% |
| Total current liabilities | $198.22M | $214.56M | $195.14M | $211.66M | -7.6% |
| Current debt | — | — | $37.75M | $7.50M | — |
| Long-term debt | $130.75M | $89.75M | — | — | +45.7% |
| Total debt | $174.20M | $129.19M | $74.76M | $26.54M | +34.8% |
| Total liabilities | $400.22M | $381.17M | $257.35M | $241.98M | +5.0% |
| Retained earnings | $84.36M | $91.27M | $96.86M | $92.20M | -7.6% |
| Shareholder equity | $321.28M | $326.75M | $328.37M | $305.19M | -1.7% |
| Working capital | $94.79M | $62.26M | $69.41M | $84.85M | +52.3% |
| Net tangible assets | -$21.20M | -$11.89M | $93.01M | $89.56M | -78.3% |
| Shares issued | 11.35M | 11.80M | 11.81M | 11.61M | -3.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $20.56M | $11.18M | $18.89M | $13.60M | +83.9% |
| Depreciation & amortisation | $46.70M | $41.83M | $28.42M | $31.16M | +11.6% |
| Stock-based compensation | $4.51M | $4.37M | $3.87M | $2.44M | +3.2% |
| Change in working capital | -$5.22M | $17.18M | $3.49M | -$11.38M | -130.4% |
| Operating cash flow | $45.43M | $87.22M | $56.77M | $43.14M | -47.9% |
| Capital expenditure | -$10.60M | -$11.80M | -$8.44M | -$7.33M | +10.2% |
| Investing cash flow | -$49.69M | -$99.67M | -$79.62M | -$72.89M | +50.1% |
| Share buybacks | -$25.51M | -$5.65M | -$1.67M | $0 | -351.6% |
| Dividends paid | -$12.97M | -$13.35M | -$13.16M | -$12.77M | +2.9% |
| Financing cash flow | -$1.43M | $30.50M | $13.94M | -$6.21M | -104.7% |
| Free cash flow | $34.84M | $75.42M | $48.34M | $35.82M | -53.8% |
| End cash position | $46.10M | $51.79M | $33.73M | $42.65M | -11.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $228.70M | $208.00M | $203.18M | $192.22M | $193.67M | — | +10.0% |
| Operating revenue | $228.70M | $208.00M | $203.18M | $192.22M | $193.67M | — | +10.0% |
| Cost of revenue | $148.36M | $137.10M | $134.19M | $125.36M | $129.03M | — | +8.2% |
| Gross profit | $80.34M | $70.90M | $68.99M | $66.86M | $64.64M | — | +13.3% |
| Research & development | $3.93M | $2.27M | $2.92M | $3.21M | $2.77M | — | +73.3% |
| Selling, general & admin | $50.35M | $46.83M | $42.93M | $46.04M | $45.43M | — | +7.5% |
| Total operating expense | $65.42M | $60.10M | $57.89M | $60.88M | $59.67M | — | +8.8% |
| Operating income | $14.91M | $10.80M | $11.10M | $5.98M | $4.97M | — | +38.1% |
| Net interest income | -$2.21M | -$2.22M | -$2.77M | -$1.93M | -$2.11M | — | +0.2% |
| Pre-tax income | $9.68M | $7.14M | $23.48M | $1.53M | $115.00K | — | +35.5% |
| Tax provision | $2.97M | $2.05M | $2.83M | $938.00K | -$180.00K | — | +44.9% |
| Net income | $6.71M | $5.10M | $20.65M | $590.00K | $295.00K | — | +31.7% |
| Net income to common | $6.71M | $5.10M | $20.65M | $590.00K | $295.00K | — | +31.7% |
| Basic EPS | 0.59 | 0.45 | — | 0.05 | 0.03 | -0.08 | +31.1% |
| Diluted EPS | 0.58 | 0.44 | — | 0.05 | 0.02 | -0.08 | +31.8% |
| EBIT | $11.89M | $9.36M | $26.25M | $3.46M | $2.23M | — | +27.1% |
| EBITDA | $23.03M | $20.37M | $38.30M | $15.10M | $13.70M | — | +13.1% |
| Basic shares | 11.45M | 11.38M | — | 11.48M | 11.73M | 11.77M | +0.7% |
| Diluted shares | 11.63M | 11.44M | — | 11.48M | 11.90M | 11.92M | +1.6% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $56.35M | $62.64M | $46.10M | $56.83M | $62.81M | -10.0% |
| Cash & short-term investments | $56.35M | $62.64M | $46.10M | $56.83M | $62.81M | -10.0% |
| Accounts receivable | $298.17M | $175.00M | $159.86M | $160.15M | $213.48M | +70.4% |
| Inventory | $46.23M | $51.62M | $52.74M | $45.93M | $46.34M | -10.4% |
| Total current assets | $435.77M | $322.02M | $293.01M | $288.62M | $347.37M | +35.3% |
| Property, plant & equipment | $74.59M | $79.57M | $74.13M | $82.86M | $80.40M | -6.3% |
| Goodwill & intangibles | $339.48M | $337.26M | $342.48M | $338.36M | $333.09M | +0.7% |
| Total assets | $863.17M | $750.51M | $721.50M | $723.59M | $775.21M | +15.0% |
| Total current liabilities | $289.01M | $195.30M | $198.22M | $204.37M | $252.51M | +48.0% |
| Long-term debt | $167.25M | $164.75M | $130.75M | $141.00M | $120.75M | +1.5% |
| Total debt | $211.25M | $206.39M | $174.20M | $184.68M | $165.57M | +2.4% |
| Total liabilities | $530.68M | $428.52M | $400.22M | $422.33M | $453.39M | +23.8% |
| Retained earnings | $89.76M | $86.26M | $84.36M | $67.11M | $78.50M | +4.1% |
| Shareholder equity | $332.49M | $321.99M | $321.28M | $301.25M | $321.82M | +3.3% |
| Working capital | $146.76M | $126.72M | $94.79M | $84.25M | $94.85M | +15.8% |
| Net tangible assets | -$7.00M | -$15.26M | -$21.20M | -$37.11M | -$11.27M | +54.2% |
| Shares issued | 11.49M | 11.41M | 11.35M | 11.35M | 11.69M | +0.7% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $6.71M | $5.10M | $20.65M | $590.00K | $295.00K | +31.7% |
| Depreciation & amortisation | $11.14M | $11.01M | $12.05M | $11.63M | $11.47M | +1.2% |
| Stock-based compensation | $1.82M | $1.01M | $1.12M | $1.35M | $949.00K | +79.9% |
| Change in working capital | -$19.83M | -$8.01M | -$10.49M | $13.34M | $414.00K | -147.5% |
| Operating cash flow | $922.00K | $7.17M | $6.41M | $24.79M | $9.86M | -87.1% |
| Capital expenditure | -$3.83M | -$2.03M | -$3.29M | -$3.78M | -$2.40M | -88.9% |
| Investing cash flow | -$9.09M | -$20.21M | -$3.29M | -$30.97M | -$3.07M | +55.0% |
| Share buybacks | $0 | $0 | -$311.00K | -$15.89M | -$4.38M | — |
| Dividends paid | -$3.21M | -$3.19M | -$3.20M | -$3.18M | -$3.29M | -0.6% |
| Financing cash flow | $1.88M | $29.58M | -$15.03M | $51.00K | -$3.68M | -93.6% |
| Free cash flow | -$2.91M | $5.14M | $3.12M | $21.01M | $7.46M | -156.7% |
| End cash position | $56.35M | $62.64M | $46.10M | $58.01M | $64.15M | -10.0% |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.85 | 1.10 | +28.8% |
| Mar 2026 | 0.97 | 1.30 | +33.5% |
| Dec 2025 | 0.91 | 1.03 | +13.6% |
| Sep 2025 | 1.07 | 1.00 | -6.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.83 | 6 | $222.03M | +9.3% |
| Next quarter | 1.07 | 2 | $230.88M | +11.0% |
| Current year | 4.18 | 8 | $889.21M | +14.9% |
| Next year | 5.08 | 8 | $970.46M | +9.1% |
Analyst targets & ownership
Mean target$106.75
High target$114.00
Low target$100.00
Implied upside39.43%
Analyst count8
ConsensusSTRONG BUY
Strong buy / Buy4 / 4
Hold0
Sell / Strong sell0 / 0
Held by insiders2.14%
Held by institutions40.64%
Institutions holding45
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
82.32
-6.99% from price
SMA 20
81.39
-5.94% from price
SMA 50
81.12
-5.62% from price
SMA 100
79.03
-3.13% from price
SMA 200
71.38
+7.26% from price
EMA 12
80.83
-5.28% from price
EMA 26
81.17
-5.67% from price
EMA 50
80.87
-5.33% from price
RSI (14)
41.9
Neutral
MACD (12,26,9)
-0.34
Hist -0.67
ATR (14)
3.96
5.18% of price
Realised vol 30D
48.2%
Annualised
Bollinger upper
87.95
20, 2σ
Bollinger lower
74.84
20, 2σ
50 / 200 cross
Golden
81.12 vs 71.38
Trend bias
Above 200
+7.26%
Risk profile
Beta vs SPY
1.25
More volatile than market
Correlation to SPY
0.37
Loosely linked
Realised vol 30D
48.2%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-19.2%
Peak to trough
Max drawdown 5Y
-46.9%
Peak to trough
ATR 14
3.96
5.18% of price
Beta (reported)
0.94
5Y monthly, from filing
Dividends & splits
Forward rate$1.12 / yr
Forward yield1.46%
5-year avg yield1.96%
Payout ratio33.94%
Ex-dividend dateAug 26, 2026
Next pay dateJun 10, 2026
Last split—
Split date—
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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