Market Closed -
Toronto S.E.
04:00:00 2024-06-07 pm EDT
|
5-day change
|
1st Jan Change
|
9.89
CAD
|
-0.70%
|
|
+1.02%
|
-10.25%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,598
|
2,652
|
3,808
|
3,268
|
3,415
|
2,999
|
-
|
-
|
Enterprise Value (EV)
1 |
5,725
|
5,827
|
6,863
|
6,542
|
7,280
|
7,351
|
7,009
|
6,826
|
P/E ratio
|
51.6
x
|
-7.93
x
|
-6.6
x
|
1,211
x
|
4.73
x
|
11.7
x
|
57.1
x
|
12.2
x
|
Yield
|
1.29%
|
1.76%
|
1.35%
|
1.69%
|
2%
|
2.43%
|
2.56%
|
2.65%
|
Capitalization / Revenue
|
1.11
x
|
1.26
x
|
1.4
x
|
1.1
x
|
1.02
x
|
1.01
x
|
1.18
x
|
1.16
x
|
EV / Revenue
|
2.44
x
|
2.77
x
|
2.52
x
|
2.2
x
|
2.17
x
|
2.48
x
|
2.76
x
|
2.65
x
|
EV / EBITDA
|
6.17
x
|
6.29
x
|
5.43
x
|
4
x
|
4.46
x
|
5.91
x
|
6.1
x
|
6.63
x
|
EV / FCF
|
15.1
x
|
16.3
x
|
13.2
x
|
-160
x
|
12.4
x
|
12.5
x
|
11.3
x
|
9.51
x
|
FCF Yield
|
6.62%
|
6.14%
|
7.59%
|
-0.63%
|
8.09%
|
8%
|
8.82%
|
10.5%
|
Price to Book
|
1.3
x
|
1.13
x
|
2.41
x
|
2.96
x
|
-
|
3.07
x
|
2.65
x
|
2.42
x
|
Nbr of stocks (in thousands)
|
279,952
|
274,226
|
271,015
|
269,888
|
309,865
|
303,257
|
-
|
-
|
Reference price
2 |
9.280
|
9.670
|
14.05
|
12.11
|
11.02
|
9.890
|
9.890
|
9.890
|
Announcement Date
|
3/4/20
|
3/3/21
|
2/24/22
|
2/23/23
|
2/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,347
|
2,101
|
2,721
|
2,976
|
3,355
|
2,962
|
2,539
|
2,576
|
EBITDA
1 |
928
|
927
|
1,263
|
1,634
|
1,632
|
1,244
|
1,148
|
1,030
|
EBIT
1 |
338
|
273
|
734
|
1,035
|
1,011
|
752.5
|
534.5
|
669
|
Operating Margin
|
14.4%
|
12.99%
|
26.98%
|
34.78%
|
30.13%
|
25.41%
|
21.05%
|
25.97%
|
Earnings before Tax (EBT)
|
193
|
-303
|
-380
|
353
|
880
|
-
|
-
|
-
|
Net income
1 |
52
|
-336
|
-576
|
4
|
644
|
220
|
8.5
|
-
|
Net margin
|
2.22%
|
-15.99%
|
-21.17%
|
0.13%
|
19.2%
|
7.43%
|
0.33%
|
-
|
EPS
2 |
0.1800
|
-1.220
|
-2.130
|
0.0100
|
2.330
|
0.8467
|
0.1733
|
0.8100
|
Free Cash Flow
1 |
379
|
358
|
521
|
-41
|
589
|
588
|
618
|
718
|
FCF margin
|
16.15%
|
17.04%
|
19.15%
|
-1.38%
|
17.56%
|
19.85%
|
24.34%
|
27.87%
|
FCF Conversion (EBITDA)
|
40.84%
|
38.62%
|
41.25%
|
-
|
36.09%
|
47.27%
|
53.82%
|
69.73%
|
FCF Conversion (Net income)
|
728.85%
|
-
|
-
|
-
|
91.46%
|
267.27%
|
7,270.88%
|
-
|
Dividend per Share
2 |
0.1200
|
0.1700
|
0.1900
|
0.2050
|
0.2200
|
0.2400
|
0.2537
|
0.2625
|
Announcement Date
|
3/4/20
|
3/3/21
|
2/24/22
|
2/23/23
|
2/23/24
|
-
|
-
|
-
|
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
|
610
|
735
|
458
|
929
|
854
|
1,089
|
625
|
1,017
|
624
|
-
|
-
|
-
|
-
|
-
|
-
|
EBITDA
1 |
270
|
266
|
279
|
555
|
541
|
503
|
387
|
453
|
289
|
328
|
283.6
|
325.3
|
306.5
|
-
|
265
|
EBIT
1 |
136
|
149
|
164
|
376
|
353
|
327
|
214
|
313
|
157
|
204
|
141
|
-
|
-
|
-
|
-
|
Operating Margin
|
22.3%
|
20.27%
|
35.81%
|
40.47%
|
41.33%
|
30.03%
|
34.24%
|
30.78%
|
25.16%
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
242
|
-22
|
126
|
7
|
-
|
79
|
453
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-78
|
186
|
-80
|
61
|
-163
|
294
|
62
|
372
|
-84
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-12.79%
|
25.31%
|
-17.47%
|
6.57%
|
-19.09%
|
27%
|
9.92%
|
36.58%
|
-13.46%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
-0.2900
|
0.6900
|
-0.3000
|
0.2300
|
-0.6100
|
1.100
|
0.2300
|
1.410
|
-0.2700
|
0.7200
|
0.0500
|
0.2500
|
0.1100
|
0.2100
|
0.0500
|
Dividend per Share
2 |
0.0500
|
0.0500
|
0.0500
|
0.0500
|
0.0550
|
-
|
0.0550
|
0.0550
|
0.0550
|
0.0600
|
0.0600
|
0.0600
|
0.0600
|
-
|
-
|
Announcement Date
|
2/24/22
|
5/6/22
|
8/5/22
|
11/8/22
|
2/23/23
|
5/5/23
|
8/4/23
|
11/7/23
|
2/23/24
|
5/3/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,127
|
3,175
|
3,055
|
3,274
|
3,865
|
4,352
|
4,010
|
3,827
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.37
x
|
3.425
x
|
2.419
x
|
2.004
x
|
2.368
x
|
3.499
x
|
3.492
x
|
3.717
x
|
Free Cash Flow
1 |
379
|
358
|
521
|
-41
|
589
|
588
|
618
|
718
|
ROE (net income / shareholders' equity)
|
1.75%
|
-6.49%
|
1.93%
|
-12.2%
|
35.3%
|
33.9%
|
-8.6%
|
-
|
ROA (Net income/ Total Assets)
|
0.55%
|
-1.79%
|
-
|
-
|
-
|
2.5%
|
-0.6%
|
-
|
Assets
1 |
9,468
|
18,770
|
-
|
-
|
-
|
8,800
|
-1,417
|
-
|
Book Value Per Share
2 |
7.140
|
8.550
|
5.830
|
4.100
|
-
|
3.220
|
3.730
|
4.090
|
Cash Flow per Share
2 |
2.570
|
2.490
|
3.580
|
4.400
|
4.860
|
2.860
|
2.450
|
2.320
|
Capex
1 |
417
|
486
|
480
|
918
|
875
|
414
|
283
|
318
|
Capex / Sales
|
17.77%
|
23.13%
|
17.64%
|
30.85%
|
26.08%
|
13.98%
|
11.14%
|
12.34%
|
Announcement Date
|
3/4/20
|
3/3/21
|
2/24/22
|
2/23/23
|
2/23/24
|
-
|
-
|
-
|
Last Close Price
9.89
CAD Average target price
13.59
CAD Spread / Average Target +37.45% Consensus |
1st Jan change
|
Capi.
|
---|
| -10.25% | 2.18B | | +17.27% | 41.87B | | +46.57% | 35.43B | | +39.45% | 18.91B | | +50.90% | 14.53B | | +47.84% | 9.63B | | +42.28% | 6.79B | | +74.53% | 6.54B | | +48.23% | 5.64B | | +37.73% | 4.02B |
Other Independent Power Producers
|