Market Closed -
Toronto S.E.
04:00:00 2024-05-10 pm EDT
|
5-day change
|
1st Jan Change
|
46.58
CAD
|
+1.26%
|
|
+0.54%
|
+3.28%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,548
|
1,297
|
1,959
|
2,232
|
2,120
|
2,202
|
-
|
-
|
Enterprise Value (EV)
1 |
2,646
|
2,434
|
3,173
|
3,870
|
4,023
|
4,241
|
4,234
|
4,010
|
P/E ratio
|
17.9
x
|
47
x
|
23.4
x
|
19.9
x
|
17
x
|
15.8
x
|
11.7
x
|
11.5
x
|
Yield
|
4.98%
|
6.22%
|
5.41%
|
4.58%
|
5.63%
|
5.7%
|
5.87%
|
6.15%
|
Capitalization / Revenue
|
1.15
x
|
1.13
x
|
1.39
x
|
1.08
x
|
0.85
x
|
0.8
x
|
0.74
x
|
0.73
x
|
EV / Revenue
|
1.97
x
|
2.12
x
|
2.25
x
|
1.88
x
|
1.61
x
|
1.54
x
|
1.42
x
|
1.32
x
|
EV / EBITDA
|
8.05
x
|
8.55
x
|
9.62
x
|
8.48
x
|
7.24
x
|
6.89
x
|
6.14
x
|
5.55
x
|
EV / FCF
|
18.6
x
|
13.9
x
|
21.6
x
|
22
x
|
19.9
x
|
-39.3
x
|
19.4
x
|
18.5
x
|
FCF Yield
|
5.39%
|
7.19%
|
4.64%
|
4.55%
|
5.02%
|
-2.54%
|
5.15%
|
5.4%
|
Price to Book
|
2.12
x
|
1.89
x
|
2.04
x
|
2.19
x
|
1.71
x
|
1.71
x
|
1.63
x
|
1.52
x
|
Nbr of stocks (in thousands)
|
34,634
|
35,408
|
46,478
|
42,404
|
46,999
|
47,282
|
-
|
-
|
Reference price
2 |
44.69
|
36.64
|
42.14
|
52.63
|
45.10
|
46.58
|
46.58
|
46.58
|
Announcement Date
|
2/20/20
|
2/17/21
|
2/23/22
|
2/22/23
|
2/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,341
|
1,150
|
1,413
|
2,059
|
2,498
|
2,753
|
2,983
|
3,036
|
EBITDA
1 |
328.8
|
284.5
|
329.9
|
456.4
|
555.5
|
615.6
|
690.1
|
722.5
|
EBIT
1 |
158.8
|
101.7
|
143.5
|
236.7
|
289.7
|
349.7
|
408.7
|
425.2
|
Operating Margin
|
11.84%
|
8.85%
|
10.15%
|
11.5%
|
11.6%
|
12.7%
|
13.7%
|
14%
|
Earnings before Tax (EBT)
1 |
105.8
|
43
|
94.26
|
151.5
|
163.1
|
192.9
|
252.1
|
293.3
|
Net income
1 |
83.64
|
28.06
|
68.59
|
109.7
|
122.3
|
141.7
|
188
|
220.1
|
Net margin
|
6.24%
|
2.44%
|
4.85%
|
5.33%
|
4.9%
|
5.15%
|
6.3%
|
7.25%
|
EPS
2 |
2.490
|
0.7800
|
1.800
|
2.640
|
2.650
|
2.957
|
3.990
|
4.040
|
Free Cash Flow
1 |
142.6
|
174.9
|
147.2
|
176.1
|
201.8
|
-107.9
|
218.1
|
216.6
|
FCF margin
|
10.63%
|
15.21%
|
10.41%
|
8.55%
|
8.08%
|
-3.92%
|
7.31%
|
7.13%
|
FCF Conversion (EBITDA)
|
43.37%
|
61.47%
|
44.61%
|
38.58%
|
36.33%
|
-
|
31.61%
|
29.98%
|
FCF Conversion (Net income)
|
170.5%
|
623.44%
|
214.55%
|
160.58%
|
165.02%
|
-
|
116.01%
|
98.42%
|
Dividend per Share
2 |
2.228
|
2.280
|
2.280
|
2.410
|
2.540
|
2.653
|
2.735
|
2.865
|
Announcement Date
|
2/20/20
|
2/17/21
|
2/23/22
|
2/22/23
|
2/22/24
|
-
|
-
|
-
|
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 |
390.3
|
400.2
|
529
|
586.8
|
543.4
|
526.8
|
627.2
|
687.7
|
656.7
|
601.8
|
682.6
|
752.8
|
717.5
|
655.1
|
720.5
|
EBITDA
1 |
89.42
|
66.96
|
115.1
|
150.4
|
124.1
|
97.12
|
147
|
167.8
|
143.6
|
111.1
|
156.5
|
185.3
|
165.8
|
125.1
|
179
|
EBIT
1 |
37.83
|
20.69
|
57.94
|
91.5
|
62.15
|
36.68
|
82.99
|
108
|
72.57
|
40.48
|
88.9
|
118.4
|
94.53
|
45.08
|
103.4
|
Operating Margin
|
9.69%
|
5.17%
|
10.95%
|
15.59%
|
11.44%
|
6.96%
|
13.23%
|
15.71%
|
11.05%
|
6.73%
|
13.02%
|
15.73%
|
13.18%
|
6.88%
|
14.35%
|
Earnings before Tax (EBT)
1 |
29.98
|
4.629
|
41.8
|
67.7
|
37.34
|
8.961
|
50.49
|
64.48
|
39.16
|
7.373
|
52.4
|
80
|
57.6
|
-
|
-
|
Net income
1 |
23.06
|
3.753
|
29.99
|
48.94
|
26.99
|
6.861
|
36.9
|
49.52
|
29.03
|
4.528
|
37.68
|
59.23
|
43.76
|
20.82
|
57.28
|
Net margin
|
5.91%
|
0.94%
|
5.67%
|
8.34%
|
4.97%
|
1.3%
|
5.88%
|
7.2%
|
4.42%
|
0.75%
|
5.52%
|
7.87%
|
6.1%
|
3.18%
|
7.95%
|
EPS
2 |
0.5900
|
0.1000
|
0.7300
|
1.200
|
0.6200
|
0.1600
|
0.8000
|
0.9900
|
0.6100
|
0.0900
|
0.8300
|
1.080
|
0.8600
|
-
|
-
|
Dividend per Share
2 |
0.5700
|
0.5700
|
0.5900
|
0.6200
|
0.6300
|
0.6300
|
0.6300
|
0.6300
|
0.6500
|
-
|
0.6600
|
0.6600
|
0.6667
|
-
|
-
|
Announcement Date
|
2/23/22
|
5/10/22
|
8/11/22
|
11/9/22
|
2/22/23
|
5/9/23
|
8/10/23
|
11/9/23
|
2/22/24
|
5/7/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,099
|
1,137
|
1,214
|
1,639
|
1,903
|
2,039
|
2,032
|
1,807
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.341
x
|
3.994
x
|
3.681
x
|
3.59
x
|
3.426
x
|
3.312
x
|
2.945
x
|
2.502
x
|
Free Cash Flow
1 |
143
|
175
|
147
|
176
|
202
|
-108
|
218
|
217
|
ROE (net income / shareholders' equity)
|
12.4%
|
3.96%
|
9.23%
|
11.9%
|
10.8%
|
10.7%
|
13%
|
-
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
21.00
|
19.30
|
20.70
|
24.00
|
26.40
|
27.30
|
28.50
|
30.70
|
Cash Flow per Share
2 |
6.890
|
-
|
-
|
-
|
-
|
-1.500
|
-0.5800
|
-
|
Capex
1 |
235
|
142
|
274
|
360
|
503
|
423
|
442
|
288
|
Capex / Sales
|
17.5%
|
12.32%
|
19.42%
|
17.46%
|
20.14%
|
15.38%
|
14.82%
|
9.49%
|
Announcement Date
|
2/20/20
|
2/17/21
|
2/23/22
|
2/22/23
|
2/22/24
|
-
|
-
|
-
|
Last Close Price
46.58
CAD Average target price
63.75
CAD Spread / Average Target +36.86% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.28% | 1.61B | | +4.80% | 9.45B | | +2.25% | 3.74B | | +65.71% | 1.77B | | +7.88% | 1.32B | | +16.05% | 1.28B | | -5.04% | 1.2B | | -11.25% | 995M | | -35.31% | 974M | | -7.48% | 521M |
Regional Airlines
|