EMPIRE COMPANY LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 32 CAD | -1.17% |
|
+0.98% | -8.70% |
| Apr. 23 | RBC Raises Price Target on Top Pick Loblaw | MT |
| Apr. 18 | Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- 2nd Update | DJ |
Valuation
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 8,184 | 8,305 | 10,433 | 11,045 | 8,988 | 7,783 | - | - |
| Enterprise Value (EV) 1 | 9,651 | 8,972 | 10,767 | 11,409 | 9,779 | 11,699 | 11,417 | 8,287 |
| P/E ratio | - | - | 15.1 x | - | 13.3 x | - | - | - |
| Yield | 1.46% | 1.55% | 1.32% | 1.43% | 1.88% | 2.28% | 2.49% | - |
| Capitalization / Revenue | 0.33 x | 0.31 x | 0.37 x | 0.37 x | 0.29 x | 0.25 x | 0.25 x | 0.24 x |
| EV / Revenue | 0.38 x | 0.34 x | 0.38 x | 0.38 x | 0.32 x | 0.38 x | 0.36 x | 0.26 x |
| EV / EBITDA | 8.97 x | 4.74 x | 5.02 x | 4.9 x | 4.21 x | 5.03 x | 4.74 x | 3.29 x |
| EV / FCF | 20.3 x | 5.82 x | 8.33 x | 7.74 x | 9.48 x | 21.9 x | 19 x | 13 x |
| FCF Yield | 4.92% | 17.2% | 12% | 12.9% | 10.5% | 4.56% | 5.25% | 7.67% |
| Price to Book | 2.05 x | 2.13 x | 2.41 x | - | - | - | - | - |
| Nbr of stocks (in thousands) | 271,521 | 268,946 | 265,461 | 262,661 | 255,779 | 243,224 | - | - |
| Reference price 2 | 30.14 | 30.88 | 39.30 | 42.05 | 35.14 | 32.00 | 32.00 | 32.00 |
| Announcement Date | 6/27/19 | 6/18/20 | 6/23/21 | 6/22/22 | 6/22/23 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 25,142 | 26,588 | 28,268 | 30,162 | 30,478 | 30,789 | 31,511 | 32,309 |
| EBITDA 1 | 1,076 | 1,892 | 2,144 | 2,331 | 2,322 | 2,327 | 2,409 | 2,516 |
| EBIT 1 | 683.6 | 1,202 | 1,300 | 1,364 | 1,292 | 1,264 | 1,302 | 1,374 |
| Operating Margin | 2.72% | 4.52% | 4.6% | 4.52% | 4.24% | 4.1% | 4.13% | 4.25% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - |
| EPS | - | - | 2.600 | - | 2.640 | - | - | - |
| Free Cash Flow 1 | 474.5 | 1,541 | 1,293 | 1,474 | 1,031 | 533.2 | 599.4 | 635.8 |
| FCF margin | 1.89% | 5.79% | 4.58% | 4.89% | 3.38% | 1.73% | 1.9% | 1.97% |
| FCF Conversion (EBITDA) | 44.09% | 81.41% | 60.33% | 63.24% | 44.4% | 22.91% | 24.88% | 25.27% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.4400 | 0.4800 | 0.5200 | 0.6000 | 0.6600 | 0.7300 | 0.7965 | - |
| Announcement Date | 6/27/19 | 6/18/20 | 6/23/21 | 6/22/22 | 6/22/23 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: May | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,318 | 7,377 | 7,841 | 7,938 | 7,643 | 7,489 | 7,408 | 8,076 | 7,751 | 7,494 | 7,473 | 8,202 | 7,947 | 7,733 | 7,621 |
| EBITDA 1 | 565.2 | 597.5 | 586.2 | 594 | 584.2 | 545.1 | 598.8 | 641.4 | 580.4 | 546.8 | 551.3 | 638.8 | 593.5 | 571.9 | 574.6 |
| EBIT 1 | 327.9 | 354.8 | 333.6 | 344.1 | 333.9 | 285.4 | 328.1 | 374.9 | 312.4 | 275.9 | 279 | - | - | - | - |
| Operating Margin | 4.48% | 4.81% | 4.25% | 4.34% | 4.37% | 3.81% | 4.43% | 4.64% | 4.03% | 3.68% | 3.73% | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | 0.4900 | 0.7200 | 1.030 | 0.7200 | 0.5400 | - | - | - | - | - |
| Dividend per Share 2 | 0.1500 | 0.1500 | 0.1500 | 0.1650 | 0.1650 | 0.1650 | 0.1650 | 0.1830 | 0.1830 | - | 0.1825 | 0.2008 | 0.2008 | 0.2008 | - |
| Announcement Date | 12/9/21 | 3/10/22 | 6/22/22 | 9/15/22 | 12/15/22 | 3/16/23 | 6/22/23 | 9/14/23 | 12/14/23 | 3/14/24 | - | - | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,468 | 667 | 335 | 364 | 791 | 3,916 | 3,634 | 504 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.364 x | 0.3524 x | 0.1562 x | 0.1563 x | 0.3406 x | 1.682 x | 1.508 x | 0.2003 x |
| Free Cash Flow 1 | 475 | 1,541 | 1,293 | 1,474 | 1,031 | 533 | 599 | 636 |
| ROE (net income / shareholders' equity) | 10.6% | 15.1% | 16.9% | 15.9% | 14.3% | 13% | 13.2% | - |
| ROA (Net income/ Total Assets) | 4.49% | 4.93% | 4.71% | 4.7% | 4.4% | 4.2% | 4.4% | - |
| Assets | - | - | - | - | - | - | - | - |
| Book Value Per Share | 14.70 | 14.50 | 16.30 | - | - | - | - | - |
| Cash Flow per Share | 3.250 | 7.700 | 6.910 | 7.920 | 6.190 | - | - | - |
| Capex 1 | 321 | 356 | 453 | 467 | 525 | 775 | 700 | 700 |
| Capex / Sales | 1.28% | 1.34% | 1.6% | 1.55% | 1.72% | 2.52% | 2.22% | 2.17% |
| Announcement Date | 6/27/19 | 6/18/20 | 6/23/21 | 6/22/22 | 6/22/23 | - | - | - |
1CAD in Million
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
HOLD
Number of Analysts
8
Last Close Price
32
CAD
Average target price
37.5
CAD
Spread / Average Target
+17.19%
| 1st Jan change | Capi. | |
|---|---|---|
| -8.70% | 5.69B | |
| +14.48% | 485B | |
| +21.40% | 40.05B | |
| +5.39% | 38.37B | |
| +7.63% | 28.47B | |
| -15.08% | 25.16B | |
| -0.55% | 25.08B | |
| +4.35% | 17.88B | |
| +11.96% | 17.99B | |
| +1.34% | 13.77B |
- Stock Market
- Equities
- EMP.A Stock
- Financials Empire Company Limited
