Financials BRP Inc. Nasdaq

Equities

DOOO

CA05577W2004

Recreational Products

Real-time Estimate Cboe BZX 10:34:12 16/05/2024 pm IST 5-day change 1st Jan Change
69.31 USD -0.24% Intraday chart for BRP Inc. -1.56% -3.46%

Valuation

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 5,993 7,400 8,664 8,743 6,394 7,061 - -
Enterprise Value (EV) 1 7,837 8,648 10,438 11,528 8,854 8,934 8,644 8,395
P/E ratio 17.1 x 20.5 x 11.3 x 10.4 x 8.96 x 12.2 x 9.5 x 8.85 x
Yield 0.59% 0.13% 0.49% 0.58% 0.85% 0.85% 0.91% 0.98%
Capitalization / Revenue 0.99 x 1.24 x 1.13 x 0.87 x 0.62 x 0.76 x 0.7 x 0.68 x
EV / Revenue 1.29 x 1.45 x 1.36 x 1.15 x 0.85 x 0.96 x 0.86 x 0.81 x
EV / EBITDA 9.74 x 8.66 x 7.14 x 6.76 x 5.21 x 6.24 x 5.33 x 4.99 x
EV / FCF 28.5 x 12.8 x 74 x -1,164 x 8.26 x 12.9 x 12.1 x 11.2 x
FCF Yield 3.51% 7.8% 1.35% -0.09% 12.1% 7.77% 8.27% 8.89%
Price to Book -10.6 x -15.4 x -64.8 x 16.4 x 8.09 x 4.41 x 3.32 x 2.6 x
Nbr of stocks (in thousands) 88,712 87,922 82,005 78,745 75,366 74,713 - -
Reference price 2 67.56 84.17 105.6 111.0 84.84 94.51 94.51 94.51
Announcement Date 20/03/20 25/03/21 25/03/22 23/03/23 28/03/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 6,053 5,953 7,648 10,033 10,367 9,334 10,066 10,399
EBITDA 1 804.4 999 1,462 1,706 1,700 1,432 1,622 1,682
EBIT 1 604.3 642.7 1,187 1,367 1,318 985.1 1,168 1,241
Operating Margin 9.98% 10.8% 15.52% 13.63% 12.71% 10.55% 11.6% 11.93%
Earnings before Tax (EBT) 1 505.7 484.3 1,077 1,166 954.1 793.6 982.3 990.6
Net income 1 371.4 363.4 794.6 865.4 744.5 591.1 742.2 762.4
Net margin 6.14% 6.1% 10.39% 8.63% 7.18% 6.33% 7.37% 7.33%
EPS 2 3.960 4.100 9.310 10.67 9.470 7.773 9.946 10.68
Free Cash Flow 1 274.8 674.3 141.1 -9.9 1,072 694.2 714.8 746.7
FCF margin 4.54% 11.33% 1.84% -0.1% 10.34% 7.44% 7.1% 7.18%
FCF Conversion (EBITDA) 34.16% 67.5% 9.65% - 63.09% 48.49% 44.06% 44.38%
FCF Conversion (Net income) 73.99% 185.55% 17.76% - 144.03% 117.44% 96.3% 97.93%
Dividend per Share 2 0.4000 0.1100 0.5200 0.6400 0.7200 0.8075 0.8572 0.9233
Announcement Date 20/03/20 25/03/21 25/03/22 23/03/23 28/03/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

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 1,588 2,348 1,809 2,438 2,709 3,076 2,429 2,778 2,468 2,692 2,011 2,365 2,330 2,626 2,184
EBITDA 1 251.7 416.4 272.1 418.3 487.9 528 377.1 473.1 444.9 404.5 245 362.6 388.3 421.7 323.6
EBIT 1 185.5 346.6 199.6 345.8 413.1 436.9 281.9 378.8 346.8 304 145.8 246.9 279.5 317.8 218.1
Operating Margin 11.68% 14.76% 11.03% 14.18% 15.25% 14.2% 11.6% 13.64% 14.05% 11.29% 7.25% 10.44% 12% 12.1% 9.99%
Earnings before Tax (EBT) 1 179.6 288.8 169.7 319.7 219.4 457.1 195.7 414.7 115.1 228.6 100.2 197.3 227.4 272.4 143.4
Net income 1 127.7 209.6 121 237.7 141.6 365.1 154.5 338.7 63.1 188.2 74.66 146.5 169.5 201.9 106.5
Net margin 8.04% 8.93% 6.69% 9.75% 5.23% 11.87% 6.36% 12.19% 2.56% 6.99% 3.71% 6.19% 7.27% 7.69% 4.88%
EPS 2 1.530 2.500 1.460 2.940 1.760 4.540 1.920 4.260 0.8100 2.460 0.9652 1.993 2.183 2.625 1.860
Dividend per Share 2 0.1300 0.1300 0.1600 0.1600 0.1600 0.1600 0.1800 0.1800 0.1800 0.1800 0.2017 0.2017 0.2017 0.2133 0.1900
Announcement Date 01/12/21 25/03/22 03/06/22 14/09/22 30/11/22 23/03/23 01/06/23 07/09/23 30/11/23 28/03/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 1,844 1,247 1,775 2,785 2,460 1,873 1,583 1,334
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.292 x 1.249 x 1.214 x 1.632 x 1.447 x 1.309 x 0.9759 x 0.7929 x
Free Cash Flow 1 275 674 141 -9.9 1,072 694 715 747
ROE (net income / shareholders' equity) - - - 489% 130% 56.2% 50.1% 44.6%
ROA (Net income/ Total Assets) 10.9% 11% 17.1% 17% 13.2% 8.27% 10.1% 11%
Assets 1 3,422 3,296 4,654 5,093 5,643 7,150 7,373 6,931
Book Value Per Share 2 -6.400 -5.470 -1.630 6.780 10.50 21.40 28.50 36.40
Cash Flow per Share 2 5.920 10.80 9.030 8.020 21.10 14.80 16.90 21.40
Capex 1 331 253 629 659 586 505 624 649
Capex / Sales 5.46% 4.26% 8.22% 6.57% 5.65% 5.41% 6.2% 6.24%
Announcement Date 20/03/20 25/03/21 25/03/22 23/03/23 28/03/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
94.51 CAD
Average target price
108.5 CAD
Spread / Average Target
+14.80%
Consensus
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