Market Closed -
Toronto S.E.
04:00:00 2024-04-26 pm EDT
|
5-day change
|
1st Jan Change
|
136.6
CAD
|
+1.10%
|
|
+3.24%
|
-2.96%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,742
|
10,340
|
11,598
|
8,596
|
8,304
|
7,995
|
-
|
-
|
Enterprise Value (EV)
1 |
13,505
|
14,893
|
19,796
|
18,301
|
15,732
|
15,642
|
15,642
|
13,470
|
P/E ratio
|
11.1
x
|
13.6
x
|
9.92
x
|
8.04
x
|
37.2
x
|
12.8
x
|
12
x
|
10.7
x
|
Yield
|
3.04%
|
2.73%
|
2.65%
|
4.43%
|
-
|
5.13%
|
5.13%
|
5.13%
|
Capitalization / Revenue
|
0.6
x
|
0.7
x
|
0.71
x
|
0.48
x
|
0.5
x
|
0.48
x
|
0.46
x
|
0.45
x
|
EV / Revenue
|
0.93
x
|
1
x
|
1.22
x
|
1.03
x
|
0.94
x
|
0.94
x
|
0.9
x
|
0.76
x
|
EV / EBITDA
|
6.29
x
|
6.83
x
|
7.42
x
|
6.93
x
|
7.64
x
|
7.51
x
|
6.9
x
|
6.15
x
|
EV / FCF
|
28.5
x
|
7.42
x
|
19.1
x
|
-68.1
x
|
23
x
|
26
x
|
28
x
|
-
|
FCF Yield
|
3.51%
|
13.5%
|
5.23%
|
-1.47%
|
4.35%
|
3.84%
|
3.57%
|
-
|
Price to Book
|
2.07
x
|
2.28
x
|
2.14
x
|
1.45
x
|
1.41
x
|
1.34
x
|
1.27
x
|
-
|
Nbr of stocks (in thousands)
|
61,600
|
60,807
|
60,807
|
58,125
|
55,621
|
55,621
|
-
|
-
|
Reference price
2 |
140.0
|
168.0
|
182.3
|
141.5
|
140.7
|
136.6
|
136.6
|
136.6
|
Announcement Date
|
2/13/20
|
2/18/21
|
2/17/22
|
2/16/23
|
2/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
14,534
|
14,871
|
16,292
|
17,811
|
16,656
|
16,696
|
17,299
|
17,631
|
EBITDA
1 |
2,146
|
2,181
|
2,667
|
2,642
|
2,060
|
2,082
|
2,266
|
2,191
|
EBIT
1 |
1,489
|
1,485
|
1,965
|
1,898
|
1,288
|
1,315
|
1,438
|
1,394
|
Operating Margin
|
10.24%
|
9.99%
|
12.06%
|
10.66%
|
7.74%
|
7.87%
|
8.31%
|
7.91%
|
Earnings before Tax (EBT)
1 |
1,183
|
1,172
|
1,702
|
1,584
|
572.8
|
930
|
1,014
|
1,021
|
Net income
1 |
778.4
|
751.8
|
1,128
|
1,044
|
213.3
|
593
|
654.5
|
680
|
Net margin
|
5.36%
|
5.06%
|
6.92%
|
5.86%
|
1.28%
|
3.55%
|
3.78%
|
3.86%
|
EPS
2 |
12.58
|
12.31
|
18.38
|
17.60
|
3.780
|
10.69
|
11.37
|
12.77
|
Free Cash Flow
1 |
473.8
|
2,006
|
1,036
|
-268.6
|
685.1
|
601
|
558
|
-
|
FCF margin
|
3.26%
|
13.49%
|
6.36%
|
-1.51%
|
4.11%
|
3.6%
|
3.23%
|
-
|
FCF Conversion (EBITDA)
|
22.08%
|
92.01%
|
38.83%
|
-
|
33.26%
|
28.87%
|
24.63%
|
-
|
FCF Conversion (Net income)
|
60.87%
|
266.87%
|
91.84%
|
-
|
321.19%
|
101.35%
|
85.26%
|
-
|
Dividend per Share
2 |
4.250
|
4.588
|
4.825
|
6.275
|
-
|
7.000
|
7.000
|
7.000
|
Announcement Date
|
2/13/20
|
2/18/21
|
2/17/22
|
2/16/23
|
2/15/24
|
-
|
-
|
-
|
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
|
2025 Q1
|
---|
Net sales
1 |
3,913
|
5,138
|
3,837
|
4,404
|
4,229
|
5,340
|
3,707
|
4,256
|
4,250
|
4,443
|
3,560
|
4,184
|
4,284
|
4,472
|
-
|
EBITDA
1 |
621
|
958.9
|
525.6
|
524.4
|
560
|
1,032
|
410.3
|
554.6
|
547.2
|
571.7
|
375.1
|
530.6
|
558.8
|
632.4
|
405.8
|
EBIT
1 |
443.7
|
780.6
|
351.6
|
339.2
|
370
|
837.7
|
207.3
|
359.2
|
346.6
|
375.4
|
192
|
343.4
|
348.4
|
387.8
|
-
|
Operating Margin
|
11.34%
|
15.19%
|
9.16%
|
7.7%
|
8.75%
|
15.69%
|
5.59%
|
8.44%
|
8.15%
|
8.45%
|
5.39%
|
8.21%
|
8.13%
|
8.67%
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
111
|
254
|
252
|
280
|
-
|
Net income
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
62
|
168
|
169
|
190
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.74%
|
4.02%
|
3.94%
|
4.25%
|
-
|
EPS
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.110
|
3.040
|
3.080
|
3.480
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
1.725
|
1.725
|
1.725
|
-
|
1.750
|
1.750
|
1.750
|
1.750
|
-
|
Announcement Date
|
11/11/21
|
2/17/22
|
5/12/22
|
8/11/22
|
11/10/22
|
2/16/23
|
5/11/23
|
8/10/23
|
11/9/23
|
2/15/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,763
|
4,553
|
8,198
|
9,705
|
7,428
|
7,647
|
7,647
|
5,475
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.219
x
|
2.088
x
|
3.074
x
|
3.673
x
|
3.606
x
|
3.673
x
|
3.375
x
|
2.499
x
|
Free Cash Flow
1 |
474
|
2,006
|
1,036
|
-269
|
685
|
601
|
558
|
-
|
ROE (net income / shareholders' equity)
|
18.2%
|
17.3%
|
23.4%
|
21%
|
10.5%
|
11.8%
|
12%
|
9.8%
|
ROA (Net income/ Total Assets)
|
4.23%
|
3.77%
|
5.35%
|
5.14%
|
2.66%
|
2.9%
|
3.27%
|
3%
|
Assets
1 |
18,403
|
19,948
|
21,090
|
20,327
|
8,032
|
20,448
|
20,036
|
22,667
|
Book Value Per Share
2 |
67.70
|
73.60
|
85.20
|
97.40
|
99.70
|
102.0
|
108.0
|
-
|
Cash Flow per Share
2 |
23.70
|
27.90
|
33.60
|
30.30
|
27.30
|
29.40
|
31.10
|
-
|
Capex
1 |
614
|
437
|
779
|
835
|
669
|
583
|
649
|
952
|
Capex / Sales
|
4.22%
|
2.94%
|
4.78%
|
4.69%
|
4.01%
|
3.49%
|
3.75%
|
5.4%
|
Announcement Date
|
2/13/20
|
2/18/21
|
2/17/22
|
2/16/23
|
2/15/24
|
-
|
-
|
-
|
Last Close Price
136.6
CAD Average target price
153.1
CAD Spread / Average Target +12.11% Consensus |
1st Jan change
|
Capi.
|
---|
| -2.96% | 5.84B | | +40.86% | 18.35B | | +11.23% | 7.29B | | +15.83% | 7.32B | | +13.19% | 6.59B | | +45.96% | 5.39B | | -8.40% | 5.07B | | +31.51% | 5.08B | | +6.90% | 3.65B | | -10.80% | 3.41B |
Retail - Department Stores
|