Market Closed -
Toronto S.E.
21:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
115.6
CAD
|
-1.54%
|
|
+4.27%
|
-3.00%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,390
|
3,290
|
2,846
|
2,001
|
2,051
|
1,932
|
-
|
-
|
Enterprise Value (EV)
1 |
2,022
|
3,859
|
3,150
|
2,702
|
2,818
|
2,583
|
2,489
|
2,453
|
P/E ratio
|
122
x
|
-38.2
x
|
17.5
x
|
11.5
x
|
54.9
x
|
27.1
x
|
21.4
x
|
18.1
x
|
Yield
|
0.91%
|
0.44%
|
0.62%
|
0.96%
|
-
|
1.12%
|
1.2%
|
1.35%
|
Capitalization / Revenue
|
2.86
x
|
4.92
x
|
3.76
x
|
2.04
x
|
2.34
x
|
2.01
x
|
1.93
x
|
1.86
x
|
EV / Revenue
|
4.16
x
|
5.77
x
|
4.16
x
|
2.76
x
|
3.21
x
|
2.69
x
|
2.49
x
|
2.37
x
|
EV / EBITDA
|
13
x
|
13.2
x
|
10.7
x
|
8.21
x
|
9.37
x
|
7.97
x
|
7.24
x
|
6.71
x
|
EV / FCF
|
-30.1
x
|
26.4
x
|
-96.6
x
|
-8.51
x
|
43.2
x
|
14.1
x
|
19.8
x
|
13.5
x
|
FCF Yield
|
-3.32%
|
3.78%
|
-1.04%
|
-11.8%
|
2.32%
|
7.11%
|
5.05%
|
7.42%
|
Price to Book
|
-
|
-
|
4.24
x
|
2.42
x
|
2.61
x
|
2.68
x
|
2.61
x
|
2.45
x
|
Nbr of stocks (in thousands)
|
13,570
|
15,597
|
17,324
|
17,202
|
17,209
|
16,714
|
-
|
-
|
Reference price
2 |
103.3
|
214.8
|
166.6
|
116.4
|
119.2
|
115.6
|
115.6
|
115.6
|
Announcement Date
|
20/02/20
|
01/03/21
|
07/03/22
|
06/03/23
|
26/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
486.6
|
668.5
|
757.8
|
979.9
|
877.5
|
960.6
|
999.3
|
1,037
|
EBITDA
1 |
156
|
291.4
|
293.1
|
329
|
300.9
|
324.1
|
343.8
|
365.6
|
EBIT
1 |
56.8
|
148.3
|
171.4
|
172.9
|
67.6
|
135.2
|
146
|
182.5
|
Operating Margin
|
11.67%
|
22.18%
|
22.62%
|
17.64%
|
7.7%
|
14.07%
|
14.61%
|
17.61%
|
Earnings before Tax (EBT)
1 |
20.8
|
-43.8
|
200.8
|
220
|
51.7
|
92.53
|
123.7
|
127.9
|
Net income
1 |
11.6
|
-87.8
|
167.4
|
190.6
|
37.3
|
71.63
|
92.63
|
93.4
|
Net margin
|
2.38%
|
-13.13%
|
22.09%
|
19.45%
|
4.25%
|
7.46%
|
9.27%
|
9.01%
|
EPS
2 |
0.8500
|
-5.630
|
9.510
|
10.15
|
2.170
|
4.266
|
5.405
|
6.392
|
Free Cash Flow
1 |
-67.1
|
146
|
-32.6
|
-317.6
|
65.3
|
183.7
|
125.7
|
182.1
|
FCF margin
|
-13.79%
|
21.84%
|
-4.3%
|
-32.41%
|
7.44%
|
19.13%
|
12.58%
|
17.57%
|
FCF Conversion (EBITDA)
|
-
|
50.1%
|
-
|
-
|
21.7%
|
56.68%
|
36.57%
|
49.81%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
175.07%
|
256.48%
|
135.71%
|
194.99%
|
Dividend per Share
2 |
0.9360
|
0.9360
|
1.040
|
1.118
|
-
|
1.300
|
1.390
|
1.560
|
Announcement Date
|
20/02/20
|
01/03/21
|
07/03/22
|
06/03/23
|
26/02/24
|
-
|
-
|
-
|
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 |
189.5
|
235.9
|
233.6
|
246.6
|
232.7
|
267
|
231.9
|
209.7
|
214
|
221.9
|
231.9
|
229.8
|
240
|
264.6
|
259.6
|
EBITDA
1 |
70.9
|
90.5
|
83
|
81.1
|
82.1
|
82.9
|
75
|
74.3
|
70
|
81.6
|
76.09
|
79.32
|
82.23
|
87.22
|
86.4
|
EBIT
1 |
39.5
|
62.6
|
46
|
51.2
|
44.2
|
31.5
|
27.8
|
28.4
|
18.3
|
-6.6
|
30.6
|
30.12
|
38.45
|
35.68
|
43.8
|
Operating Margin
|
20.84%
|
26.54%
|
19.69%
|
20.76%
|
18.99%
|
11.8%
|
11.99%
|
13.54%
|
8.55%
|
-2.97%
|
13.19%
|
13.11%
|
16.02%
|
13.48%
|
16.87%
|
Earnings before Tax (EBT)
1 |
-3.8
|
114.4
|
-44.5
|
169.2
|
85.3
|
10
|
34.6
|
30.7
|
10
|
-23.7
|
15.4
|
24.7
|
21.8
|
24.9
|
-
|
Net income
1 |
-12.9
|
102
|
-56.4
|
160.9
|
83.4
|
2.6
|
30.5
|
31.1
|
10.5
|
-34.9
|
9.05
|
15
|
15.9
|
18.6
|
-
|
Net margin
|
-6.81%
|
43.24%
|
-24.14%
|
65.25%
|
35.84%
|
0.97%
|
13.15%
|
14.83%
|
4.91%
|
-15.73%
|
3.9%
|
6.53%
|
6.63%
|
7.03%
|
-
|
EPS
2 |
-0.7400
|
5.780
|
-3.260
|
9.120
|
4.770
|
0.1500
|
1.670
|
1.680
|
0.6100
|
-2.040
|
0.6533
|
1.086
|
1.168
|
1.353
|
1.760
|
Dividend per Share
2 |
0.2600
|
0.2600
|
0.2600
|
0.2860
|
0.2600
|
0.2860
|
0.2860
|
0.2860
|
0.2860
|
-
|
0.3100
|
0.3300
|
0.3300
|
0.3500
|
0.3500
|
Announcement Date
|
01/11/21
|
07/03/22
|
02/05/22
|
27/07/22
|
31/10/22
|
06/03/23
|
01/05/23
|
14/08/23
|
07/11/23
|
26/02/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
632
|
569
|
304
|
701
|
767
|
651
|
557
|
521
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.053
x
|
1.953
x
|
1.037
x
|
2.13
x
|
2.55
x
|
2.01
x
|
1.619
x
|
1.425
x
|
Free Cash Flow
1 |
-67.1
|
146
|
-32.6
|
-318
|
65.3
|
184
|
126
|
182
|
ROE (net income / shareholders' equity)
|
5.35%
|
-38.9%
|
24.7%
|
15.8%
|
4.62%
|
6.6%
|
8.8%
|
11.3%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
-
|
-
|
39.30
|
48.10
|
45.60
|
43.10
|
44.40
|
47.10
|
Cash Flow per Share
2 |
10.00
|
16.60
|
15.50
|
17.00
|
13.50
|
13.40
|
13.80
|
26.50
|
Capex
1 |
218
|
147
|
278
|
611
|
267
|
108
|
175
|
160
|
Capex / Sales
|
44.82%
|
21.93%
|
36.63%
|
62.37%
|
30.39%
|
11.24%
|
17.51%
|
15.44%
|
Announcement Date
|
20/02/20
|
01/03/21
|
07/03/22
|
06/03/23
|
26/02/24
|
-
|
-
|
-
|
Last Close Price
115.6
CAD Average target price
147.8
CAD Spread / Average Target +27.89% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.00% | 1.41B | | -26.69% | 842M | | 0.00% | 737M | | +11.59% | 399M | | -13.07% | 183M | | -6.25% | 64.07M |
Air Freight
|