Market Closed -
Toronto S.E.
04:00:00 2024-04-26 pm EDT
|
5-day change
|
1st Jan Change
|
35.31
CAD
|
-0.23%
|
|
-1.70%
|
-6.69%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,617
|
3,699
|
4,584
|
5,414
|
4,453
|
4,560
|
-
|
-
|
Enterprise Value (EV)
1 |
6,887
|
7,027
|
7,694
|
8,979
|
7,886
|
10,323
|
10,287
|
10,685
|
P/E ratio
|
47.8
x
|
45.4
x
|
101
x
|
55.2
x
|
6.26
x
|
12.1
x
|
14.4
x
|
10.3
x
|
Yield
|
5.39%
|
5.67%
|
5.37%
|
4.87%
|
6.32%
|
7.11%
|
7.5%
|
7.49%
|
Capitalization / Revenue
|
1.84
x
|
1.91
x
|
2.3
x
|
1.85
x
|
1.04
x
|
2.13
x
|
1.96
x
|
2.13
x
|
EV / Revenue
|
3.51
x
|
3.63
x
|
3.87
x
|
3.07
x
|
1.84
x
|
4.83
x
|
4.43
x
|
4.99
x
|
EV / EBITDA
|
6.69
x
|
7.36
x
|
6.84
x
|
6.64
x
|
5.42
x
|
7.12
x
|
7.15
x
|
7.49
x
|
EV / FCF
|
12
x
|
13.7
x
|
11.9
x
|
35.5
x
|
79.7
x
|
12.6
x
|
14.5
x
|
10.5
x
|
FCF Yield
|
8.32%
|
7.29%
|
8.41%
|
2.82%
|
1.26%
|
7.91%
|
6.9%
|
9.56%
|
Price to Book
|
1.18
x
|
1.27
x
|
1.61
x
|
2.21
x
|
1.4
x
|
1.65
x
|
1.65
x
|
1.58
x
|
Nbr of stocks (in thousands)
|
105,172
|
105,740
|
116,162
|
116,862
|
117,674
|
129,140
|
-
|
-
|
Reference price
2 |
34.39
|
34.98
|
39.46
|
46.33
|
37.84
|
35.31
|
35.31
|
35.31
|
Announcement Date
|
2/24/20
|
2/19/21
|
2/24/22
|
3/1/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,963
|
1,937
|
1,990
|
2,929
|
4,282
|
2,136
|
2,324
|
2,141
|
EBITDA
1 |
1,029
|
955
|
1,124
|
1,353
|
1,455
|
1,449
|
1,439
|
1,427
|
EBIT
|
556
|
477
|
585
|
800
|
881
|
-
|
-
|
-
|
Operating Margin
|
28.32%
|
24.63%
|
29.4%
|
27.31%
|
20.57%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
113
|
212
|
147
|
141
|
941
|
532
|
457
|
623
|
Net income
1 |
76
|
82
|
44
|
99
|
744
|
385
|
328
|
456
|
Net margin
|
3.87%
|
4.23%
|
2.21%
|
3.38%
|
17.38%
|
18.02%
|
14.12%
|
21.3%
|
EPS
2 |
0.7200
|
0.7700
|
0.3900
|
0.8400
|
6.040
|
2.930
|
2.460
|
3.420
|
Free Cash Flow
1 |
573
|
512
|
647
|
253
|
99
|
817
|
709.5
|
1,022
|
FCF margin
|
29.19%
|
26.43%
|
32.51%
|
8.64%
|
2.31%
|
38.25%
|
30.53%
|
47.73%
|
FCF Conversion (EBITDA)
|
55.69%
|
53.61%
|
57.56%
|
18.7%
|
6.8%
|
56.37%
|
49.32%
|
71.62%
|
FCF Conversion (Net income)
|
753.95%
|
624.39%
|
1,470.45%
|
255.56%
|
13.31%
|
212.21%
|
216.31%
|
224.12%
|
Dividend per Share
2 |
1.855
|
1.985
|
2.120
|
2.255
|
2.390
|
2.512
|
2.648
|
2.643
|
Announcement Date
|
2/24/20
|
2/19/21
|
2/24/22
|
3/1/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
377
|
672
|
501
|
713
|
786
|
929
|
1,267
|
881
|
1,150
|
984
|
608.3
|
501.2
|
599.6
|
693.8
|
EBITDA
1 |
286
|
294
|
348
|
319
|
383
|
303
|
401
|
327
|
410
|
313
|
335.4
|
329.4
|
383.4
|
384.1
|
EBIT
|
153
|
157
|
206
|
180
|
250
|
164
|
260
|
184
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
40.58%
|
23.36%
|
41.12%
|
25.25%
|
31.81%
|
17.65%
|
20.52%
|
20.89%
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
56
|
-61
|
152
|
108
|
-
|
-174
|
-
|
111
|
355
|
106
|
121
|
117
|
177
|
117
|
Net income
1 |
27
|
-78
|
112
|
80
|
-
|
-106
|
-
|
87
|
274
|
97
|
87
|
84
|
131
|
84
|
Net margin
|
7.16%
|
-11.61%
|
22.36%
|
11.22%
|
-
|
-11.41%
|
-
|
9.88%
|
23.83%
|
9.86%
|
14.3%
|
16.76%
|
21.85%
|
12.11%
|
EPS
|
0.2300
|
-0.6700
|
0.9600
|
0.5900
|
0.2000
|
-0.9100
|
2.380
|
0.6800
|
-
|
0.7400
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.5475
|
0.5475
|
0.5475
|
0.5475
|
0.5800
|
0.5800
|
0.5800
|
0.5800
|
0.6150
|
0.6150
|
0.6188
|
0.6183
|
0.6383
|
0.6506
|
Announcement Date
|
10/27/21
|
2/24/22
|
5/2/22
|
8/2/22
|
10/31/22
|
3/1/23
|
5/1/23
|
8/2/23
|
11/1/23
|
2/28/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,270
|
3,328
|
3,110
|
3,565
|
3,433
|
5,764
|
5,727
|
6,125
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.178
x
|
3.485
x
|
2.767
x
|
2.635
x
|
2.359
x
|
3.977
x
|
3.981
x
|
4.292
x
|
Free Cash Flow
1 |
573
|
512
|
647
|
253
|
99
|
817
|
710
|
1,022
|
ROE (net income / shareholders' equity)
|
4.12%
|
4.29%
|
7.7%
|
16%
|
17.7%
|
12.3%
|
10.7%
|
-
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
29.20
|
27.50
|
24.50
|
21.00
|
27.10
|
21.40
|
21.40
|
22.40
|
Cash Flow per Share
2 |
6.240
|
5.560
|
6.800
|
6.490
|
8.950
|
8.250
|
7.380
|
7.430
|
Capex
1 |
635
|
306
|
622
|
682
|
723
|
1,177
|
644
|
507
|
Capex / Sales
|
32.35%
|
15.8%
|
31.26%
|
23.28%
|
16.88%
|
55.1%
|
27.69%
|
23.68%
|
Announcement Date
|
2/24/20
|
2/19/21
|
2/24/22
|
3/1/23
|
2/28/24
|
-
|
-
|
-
|
Last Close Price
35.31
CAD Average target price
43.27
CAD Spread / Average Target +22.55% Consensus |
1st Jan change
|
Capi.
|
---|
| -6.69% | 3.33B | | +15.33% | 41.39B | | +12.92% | 27.36B | | +17.68% | 15.95B | | +24.30% | 12.07B | | +18.44% | 8.9B | | +24.39% | 6.41B | | +56.88% | 5.9B | | +33.57% | 5.08B | | -2.59% | 4.17B |
Other Independent Power Producers
|