Market Closed -
Toronto S.E.
21:00:00 31/05/2024 BST
|
5-day change
|
1st Jan Change
|
136
CAD
|
+3.35%
|
|
-0.52%
|
-3.33%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,742
|
10,340
|
11,598
|
8,596
|
8,304
|
7,871
|
-
|
-
|
Enterprise Value (EV)
1 |
13,505
|
14,893
|
19,796
|
18,301
|
15,732
|
13,201
|
13,170
|
13,199
|
P/E ratio
|
11.1
x
|
13.6
x
|
9.92
x
|
8.04
x
|
37.2
x
|
12.3
x
|
11.8
x
|
10.5
x
|
Yield
|
3.04%
|
2.73%
|
2.65%
|
4.43%
|
-
|
5.15%
|
5.15%
|
5.15%
|
Capitalization / Revenue
|
0.6
x
|
0.7
x
|
0.71
x
|
0.48
x
|
0.5
x
|
0.47
x
|
0.46
x
|
0.46
x
|
EV / Revenue
|
0.93
x
|
1
x
|
1.22
x
|
1.03
x
|
0.94
x
|
0.79
x
|
0.76
x
|
0.76
x
|
EV / EBITDA
|
6.29
x
|
6.83
x
|
7.42
x
|
6.93
x
|
7.64
x
|
6.21
x
|
5.84
x
|
5.97
x
|
EV / FCF
|
28.5
x
|
7.42
x
|
19.1
x
|
-68.1
x
|
23
x
|
20.3
x
|
21.3
x
|
30.6
x
|
FCF Yield
|
3.51%
|
13.5%
|
5.23%
|
-1.47%
|
4.35%
|
4.94%
|
4.7%
|
3.27%
|
Price to Book
|
2.07
x
|
2.28
x
|
2.14
x
|
1.45
x
|
1.41
x
|
1.32
x
|
1.24
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
|
136.0
|
136.0
|
136.0
|
Announcement Date
|
13/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
15/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
14,534
|
14,871
|
16,292
|
17,811
|
16,656
|
16,677
|
17,255
|
17,271
|
EBITDA
1 |
2,146
|
2,181
|
2,667
|
2,642
|
2,060
|
2,126
|
2,256
|
2,212
|
EBIT
1 |
1,489
|
1,485
|
1,965
|
1,898
|
1,288
|
1,325
|
1,418
|
1,411
|
Operating Margin
|
10.24%
|
9.99%
|
12.06%
|
10.66%
|
7.74%
|
7.95%
|
8.22%
|
8.17%
|
Earnings before Tax (EBT)
1 |
1,183
|
1,172
|
1,702
|
1,584
|
572.8
|
957.5
|
1,016
|
1,036
|
Net income
1 |
778.4
|
751.8
|
1,128
|
1,044
|
213.3
|
661.4
|
709.4
|
691
|
Net margin
|
5.36%
|
5.06%
|
6.92%
|
5.86%
|
1.28%
|
3.97%
|
4.11%
|
4%
|
EPS
2 |
12.58
|
12.31
|
18.38
|
17.60
|
3.780
|
11.04
|
11.57
|
12.97
|
Free Cash Flow
1 |
473.8
|
2,006
|
1,036
|
-268.6
|
685.1
|
651.8
|
618.5
|
431
|
FCF margin
|
3.26%
|
13.49%
|
6.36%
|
-1.51%
|
4.11%
|
3.91%
|
3.58%
|
2.5%
|
FCF Conversion (EBITDA)
|
22.08%
|
92.01%
|
38.83%
|
-
|
33.26%
|
30.66%
|
27.42%
|
19.49%
|
FCF Conversion (Net income)
|
60.87%
|
266.87%
|
91.84%
|
-
|
321.19%
|
98.54%
|
87.18%
|
62.37%
|
Dividend per Share
2 |
4.250
|
4.588
|
4.825
|
6.275
|
-
|
7.000
|
7.000
|
7.000
|
Announcement Date
|
13/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
15/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q2
|
---|
Net sales
1 |
5,138
|
3,837
|
4,404
|
4,229
|
5,340
|
3,707
|
4,256
|
4,250
|
4,443
|
3,525
|
4,127
|
4,300
|
4,617
|
3,649
|
-
|
EBITDA
1 |
958.9
|
525.6
|
524.4
|
560
|
1,032
|
410.3
|
554.6
|
547.2
|
571.7
|
402.9
|
507
|
559
|
631
|
414.2
|
542
|
EBIT
1 |
780.6
|
351.6
|
339.2
|
370
|
837.7
|
207.3
|
359.2
|
346.6
|
375.4
|
212.3
|
293.3
|
351.4
|
394.6
|
-
|
-
|
Operating Margin
|
15.19%
|
9.16%
|
7.7%
|
8.75%
|
15.69%
|
5.59%
|
8.44%
|
8.15%
|
8.45%
|
6.02%
|
7.11%
|
8.17%
|
8.55%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
121.8
|
223
|
268
|
287
|
-
|
-
|
Net income
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
76.8
|
149
|
185
|
199
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2.18%
|
3.61%
|
4.3%
|
4.31%
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.380
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
1.725
|
1.725
|
1.725
|
-
|
-
|
1.750
|
1.750
|
1.750
|
1.750
|
-
|
Announcement Date
|
17/02/22
|
12/05/22
|
11/08/22
|
10/11/22
|
16/02/23
|
11/05/23
|
10/08/23
|
09/11/23
|
15/02/24
|
09/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,763
|
4,553
|
8,198
|
9,705
|
7,428
|
5,330
|
5,299
|
5,328
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.219
x
|
2.088
x
|
3.074
x
|
3.673
x
|
3.606
x
|
2.508
x
|
2.349
x
|
2.409
x
|
Free Cash Flow
1 |
474
|
2,006
|
1,036
|
-269
|
685
|
652
|
619
|
431
|
ROE (net income / shareholders' equity)
|
18.2%
|
17.3%
|
23.4%
|
21%
|
10.5%
|
11.4%
|
11.9%
|
9.9%
|
ROA (Net income/ Total Assets)
|
4.23%
|
3.77%
|
5.35%
|
5.14%
|
2.66%
|
3.07%
|
3.23%
|
3%
|
Assets
1 |
18,403
|
19,948
|
21,090
|
20,327
|
8,032
|
21,567
|
21,941
|
23,033
|
Book Value Per Share
2 |
67.70
|
73.60
|
85.20
|
97.40
|
99.70
|
103.0
|
110.0
|
-
|
Cash Flow per Share
2 |
23.70
|
27.90
|
33.60
|
30.30
|
27.30
|
30.70
|
31.30
|
-
|
Capex
1 |
614
|
437
|
779
|
835
|
669
|
583
|
613
|
944
|
Capex / Sales
|
4.22%
|
2.94%
|
4.78%
|
4.69%
|
4.01%
|
3.5%
|
3.55%
|
5.47%
|
Announcement Date
|
13/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
15/02/24
|
-
|
-
|
-
|
Average target price
156.1
CAD Spread / Average Target +14.75% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.33% | 5.77B | | +52.38% | 19.39B | | +117.28% | 7.79B | | +26.41% | 7.6B | | +10.83% | 7.25B | | +10.25% | 6.98B | | -3.18% | 5.38B | | +39.04% | 5.37B | | +6.67% | 3.69B | | +19.78% | 3.62B |
Retail - Department Stores
|