Market Closed -
Toronto S.E.
04:00:00 2024-05-03 pm EDT
|
5-day change
|
1st Jan Change
|
130.5
CAD
|
+0.28%
|
|
+1.35%
|
+17.26%
|
Fiscal Period: January |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Capitalization
1 |
3,769
|
5,154
|
6,155
|
6,188
|
7,454
|
8,134
|
-
|
-
|
Enterprise Value (EV)
1 |
3,725
|
5,020
|
5,942
|
5,911
|
7,454
|
7,680
|
7,492
|
7,224
|
P/E ratio
|
99.5
x
|
100
x
|
72.7
x
|
61.8
x
|
65.4
x
|
55.9
x
|
48.8
x
|
41.7
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
11.6
x
|
14.8
x
|
14.5
x
|
12.7
x
|
13
x
|
12.8
x
|
11.6
x
|
10.6
x
|
EV / Revenue
|
11.4
x
|
14.4
x
|
14
x
|
12.2
x
|
13
x
|
12.1
x
|
10.7
x
|
9.41
x
|
EV / EBITDA
|
30.4
x
|
35.4
x
|
32
x
|
27.5
x
|
30.1
x
|
27.4
x
|
23.9
x
|
20.7
x
|
EV / FCF
|
37.5
x
|
39.4
x
|
34.7
x
|
31.7
x
|
-
|
34.3
x
|
28.3
x
|
23.6
x
|
FCF Yield
|
2.67%
|
2.54%
|
2.88%
|
3.15%
|
-
|
2.91%
|
3.54%
|
4.24%
|
Price to Book
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Nbr of stocks (in thousands)
|
84,155
|
84,492
|
84,658
|
84,818
|
85,077
|
85,259
|
-
|
-
|
Reference price
2 |
44.79
|
61.00
|
72.71
|
72.95
|
87.62
|
95.40
|
95.40
|
95.40
|
Announcement Date
|
3/4/20
|
3/3/21
|
3/2/22
|
3/1/23
|
3/6/24
|
-
|
-
|
-
|
Fiscal Period: January |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
325.8
|
348.7
|
424.7
|
486
|
572.9
|
633
|
699.3
|
767.6
|
EBITDA
1 |
122.6
|
142
|
185.7
|
215.2
|
247.5
|
280.2
|
314.1
|
348.6
|
EBIT
1 |
52.26
|
71.4
|
103.4
|
130.4
|
142.8
|
192.6
|
224.3
|
267.6
|
Operating Margin
|
16.04%
|
20.48%
|
24.36%
|
26.84%
|
24.93%
|
30.43%
|
32.07%
|
34.86%
|
Earnings before Tax (EBT)
1 |
48.04
|
70.37
|
102.6
|
133.7
|
151.2
|
202.1
|
237.2
|
271.6
|
Net income
1 |
37
|
52.1
|
86.28
|
102.2
|
115.9
|
148.2
|
171.7
|
198.9
|
Net margin
|
11.36%
|
14.94%
|
20.32%
|
21.04%
|
20.23%
|
23.41%
|
24.55%
|
25.91%
|
EPS
2 |
0.4500
|
0.6100
|
1.000
|
1.180
|
1.340
|
1.706
|
1.956
|
2.290
|
Free Cash Flow
1 |
99.35
|
127.5
|
171.3
|
186.3
|
-
|
223.7
|
265.1
|
306
|
FCF margin
|
30.5%
|
36.56%
|
40.34%
|
38.34%
|
-
|
35.35%
|
37.91%
|
39.86%
|
FCF Conversion (EBITDA)
|
81.04%
|
89.77%
|
92.25%
|
86.58%
|
-
|
79.86%
|
84.4%
|
87.77%
|
FCF Conversion (Net income)
|
268.54%
|
244.67%
|
198.55%
|
182.25%
|
-
|
150.96%
|
154.39%
|
153.84%
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/4/20
|
3/3/21
|
3/2/22
|
3/1/23
|
3/6/24
|
-
|
-
|
-
|
Fiscal Period: January |
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
2026 Q1
|
---|
Net sales
1 |
108.9
|
112.4
|
116.4
|
123
|
121.5
|
125.1
|
136.6
|
143.4
|
144.7
|
148.2
|
151.7
|
156.6
|
160
|
163.9
|
167.9
|
EBITDA
1 |
48.2
|
50.1
|
51.2
|
54
|
54.5
|
55.4
|
57.35
|
60.6
|
63.5
|
65.7
|
66.62
|
69.26
|
70.76
|
73.39
|
75
|
EBIT
1 |
27.89
|
26
|
30.6
|
31.55
|
34.7
|
33.6
|
36.56
|
36.83
|
32.4
|
37
|
43.98
|
46.22
|
47.82
|
50.5
|
51.2
|
Operating Margin
|
25.61%
|
23.13%
|
26.29%
|
25.65%
|
28.56%
|
26.86%
|
26.76%
|
25.68%
|
22.39%
|
24.97%
|
28.99%
|
29.51%
|
29.88%
|
30.81%
|
30.49%
|
Earnings before Tax (EBT)
1 |
27.65
|
25.86
|
30.47
|
31.72
|
35.45
|
36.08
|
37.78
|
38.5
|
34.78
|
40.09
|
47.23
|
48.96
|
51.09
|
54.15
|
54.97
|
Net income
1 |
25.49
|
19.2
|
23.12
|
22.9
|
26.47
|
29.8
|
29.35
|
28.12
|
26.6
|
31.8
|
34.86
|
36.68
|
37.73
|
39.81
|
40.67
|
Net margin
|
23.41%
|
17.08%
|
19.86%
|
18.62%
|
21.79%
|
23.82%
|
21.49%
|
19.61%
|
18.38%
|
21.46%
|
22.98%
|
23.42%
|
23.58%
|
24.29%
|
24.22%
|
EPS
2 |
0.3000
|
0.2200
|
0.2700
|
0.2700
|
0.3100
|
0.3400
|
0.3400
|
0.3200
|
0.3100
|
0.3700
|
0.3982
|
0.4224
|
0.4318
|
0.4539
|
0.4654
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
12/1/21
|
3/2/22
|
6/1/22
|
9/7/22
|
12/7/22
|
3/1/23
|
5/31/23
|
9/6/23
|
12/5/23
|
3/6/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: January |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
44.4
|
134
|
213
|
276
|
-
|
454
|
642
|
910
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
99.4
|
127
|
171
|
186
|
-
|
224
|
265
|
306
|
ROE (net income / shareholders' equity)
|
-
|
6.01%
|
9.03%
|
9.74%
|
-
|
10.8%
|
10.8%
|
11.3%
|
ROA (Net income/ Total Assets)
|
-
|
5.18%
|
7.67%
|
8.17%
|
-
|
10.3%
|
10.3%
|
10.8%
|
Assets
1 |
-
|
1,006
|
1,124
|
1,251
|
-
|
1,439
|
1,667
|
1,842
|
Book Value Per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Cash Flow per Share
2 |
1.260
|
1.530
|
2.040
|
2.230
|
-
|
2.500
|
3.180
|
3.640
|
Capex
1 |
4.9
|
3.76
|
4.83
|
6.07
|
-
|
6.14
|
7.22
|
9.21
|
Capex / Sales
|
1.5%
|
1.08%
|
1.14%
|
1.25%
|
-
|
0.97%
|
1.03%
|
1.2%
|
Announcement Date
|
3/4/20
|
3/3/21
|
3/2/22
|
3/1/23
|
3/6/24
|
-
|
-
|
-
|
Last Close Price
95.4
USD Average target price
91.95
USD Spread / Average Target -3.61% Consensus |
1st Jan change
|
Capi.
|
---|
| +17.26% | 8.13B | | +9.84% | 318B | | +22.40% | 213B | | +1.44% | 147B | | +10.74% | 56.34B | | +3.40% | 30.56B | | +2.49% | 29.48B | | +93.63% | 21.69B | | +22.73% | 20.19B | | +0.90% | 14.83B |
Enterprise Software
|