MAPLE LEAF FOODS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 24.29 CAD | +2.32% |
|
+2.84% | -3.76% |
| Apr. 22 | National Bank Initiates Coverage on Maple Leaf Foods With Outperform, $29 Target | MT |
| Apr. 03 | BMO Previews Maple Leaf Foods Q1 | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,198 | 3,470 | 3,649 | 2,994 | 3,070 | 2,982 | - | - |
| Enterprise Value (EV) 1 | 3,884 | 4,356 | 4,915 | 4,796 | 3,070 | 4,838 | 4,655 | 4,416 |
| P/E ratio | 43.1 x | 31 x | - | - | - | - | - | - |
| Yield | 2.24% | 2.27% | 2.46% | 3.27% | - | 3.62% | 3.71% | 3.95% |
| Capitalization / Revenue | 0.81 x | 0.81 x | 0.81 x | 0.63 x | 0.63 x | 0.6 x | 0.57 x | 0.54 x |
| EV / Revenue | 0.99 x | 1.01 x | 1.09 x | 1.01 x | 0.63 x | 0.97 x | 0.89 x | 0.8 x |
| EV / EBITDA | 12.1 x | 10.9 x | 12.3 x | 17.6 x | 7.18 x | 8.5 x | 6.89 x | 5.9 x |
| EV / FCF | -6,874 x | -36.5 x | -16.6 x | -14.6 x | - | 31.8 x | 18 x | - |
| FCF Yield | -0.01% | -2.74% | -6.02% | -6.87% | - | 3.14% | 5.55% | - |
| Price to Book | 1.65 x | 1.81 x | 1.79 x | 1.79 x | - | 1.94 x | 1.82 x | - |
| Nbr of stocks (in thousands) | 123,585 | 122,976 | 124,697 | 122,437 | 121,628 | 122,773 | - | - |
| Reference price 2 | 25.88 | 28.22 | 29.26 | 24.45 | 25.24 | 24.29 | 24.29 | 24.29 |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 3/9/23 | 2/22/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,942 | 4,304 | 4,521 | 4,739 | 4,868 | 4,999 | 5,210 | 5,525 |
| EBITDA 1 | 321.2 | 397.9 | 399.5 | 272.9 | 427.6 | 569 | 676 | 748.4 |
| EBIT 1 | 145.4 | 207.9 | 210.3 | 65.7 | 193.2 | 321.1 | 434.1 | 479.9 |
| Operating Margin | 3.69% | 4.83% | 4.65% | 1.39% | 3.97% | 6.42% | 8.33% | 8.69% |
| Earnings before Tax (EBT) | 87 | 159.9 | - | - | - | - | - | - |
| Net income | 74.63 | 113.3 | 102.8 | -311.9 | - | - | - | - |
| Net margin | 1.89% | 2.63% | 2.27% | -6.58% | - | - | - | - |
| EPS | 0.6000 | 0.9100 | - | - | - | - | - | - |
| Free Cash Flow 1 | -0.565 | -119.3 | -295.9 | -329.2 | - | 152 | 258.5 | - |
| FCF margin | -0.01% | -2.77% | -6.54% | -6.95% | - | 3.04% | 4.96% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | 26.71% | 38.24% | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.5800 | 0.6400 | 0.7200 | 0.8000 | - | 0.8800 | 0.9000 | 0.9600 |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 3/9/23 | 2/22/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| 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 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,189 | 1,120 | 1,127 | 1,195 | 1,232 | 1,186 | 1,175 | 1,270 | 1,245 | 1,193 | 1,190 | 1,290 | 1,263 | 1,259 | 1,247 |
| EBITDA 1 | 115.4 | 76.3 | 66.8 | 74.1 | 76.7 | 55.3 | 75.3 | 103.1 | 129 | 120.2 | 123.2 | 146.1 | 151.6 | 151.8 | 152.1 |
| EBIT 1 | 68 | 30 | 16.1 | 23.6 | 24.1 | 1.8 | - | 43.4 | 70.55 | 57.5 | 60.2 | 80.9 | 88.8 | 90.5 | 99.4 |
| Operating Margin | 5.72% | 2.68% | 1.43% | 1.97% | 1.96% | 0.15% | - | 3.42% | 5.67% | 4.82% | 5.06% | 6.27% | 7.03% | 7.19% | 7.97% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | -63.75 | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | -53.68 | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | -4.23% | - | - | - | - | - | - | - |
| EPS 2 | 0.3500 | 0.0100 | 0.1100 | -0.4400 | -1.860 | -0.3400 | -0.4800 | -0.4400 | -0.0400 | -0.0800 | 0.0850 | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | 0.2200 | 0.2200 | 0.2200 | 0.2200 | 0.2300 |
| Announcement Date | 11/4/21 | 2/24/22 | 5/4/22 | 8/4/22 | 11/8/22 | 3/9/23 | 5/11/23 | 8/3/23 | 11/2/23 | 2/22/24 | - | - | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 686 | 885 | 1,266 | 1,802 | - | 1,856 | 1,673 | 1,434 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.134 x | 2.225 x | 3.169 x | 6.604 x | - | 3.262 x | 2.475 x | 1.916 x |
| Free Cash Flow 1 | -0.57 | -119 | -296 | -329 | - | 152 | 259 | - |
| ROE (net income / shareholders' equity) | 4.3% | 5.84% | 6.41% | -1.74% | - | 6.45% | 10.8% | - |
| ROA (Net income/ Total Assets) | 2.56% | 3.07% | 3.09% | -0.73% | - | 2.15% | 3.8% | - |
| Assets | 2,916 | 3,687 | 3,333 | 42,825 | - | - | - | - |
| Book Value Per Share 2 | 15.70 | 15.60 | 16.30 | 13.60 | - | 12.50 | 13.40 | - |
| Cash Flow per Share 2 | 2.160 | 2.590 | 2.440 | 0.4000 | - | 3.020 | 3.560 | - |
| Capex 1 | 271 | 491 | 584 | 356 | - | 190 | 170 | 180 |
| Capex / Sales | 6.87% | 11.4% | 12.91% | 7.52% | - | 3.79% | 3.25% | 3.26% |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 3/9/23 | 2/22/24 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
24.29
CAD
Average target price
30.5
CAD
Spread / Average Target
+25.57%
| 1st Jan change | Capi. | |
|---|---|---|
| -3.76% | 2.18B | |
| +12.80% | 21.61B | |
| +10.00% | 19.34B | |
| +1.09% | 12.91B | |
| +15.67% | 10.53B | |
| -8.03% | 9.91B | |
| +29.28% | 8.47B | |
| +26.36% | 5.71B | |
| +6.43% | 2.79B | |
| +6.10% | 1.85B |
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- Financials Maple Leaf Foods Inc.
