Financials George Weston Limited

Equities

WN

CA9611485090

Food Retail & Distribution

Market Closed - Toronto S.E. 01:45:34 18/06/2024 am IST 5-day change 1st Jan Change
190.4 CAD +0.59% Intraday chart for George Weston Limited -2.24% +15.77%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,845 14,587 21,701 23,727 22,339 25,165 - -
Enterprise Value (EV) 1 34,950 32,300 32,350 36,403 35,275 38,157 38,163 37,565
P/E ratio 81.8 x 16 x 58.2 x 13.8 x 15.3 x 16.5 x 15.2 x 15.8 x
Yield 2.03% 2.23% 1.57% 1.54% 1.7% 1.63% 1.78% 1.67%
Capitalization / Revenue 0.32 x 0.27 x 0.4 x 0.42 x 0.37 x 0.4 x 0.39 x 0.38 x
EV / Revenue 0.7 x 0.59 x 0.6 x 0.64 x 0.59 x 0.61 x 0.59 x 0.57 x
EV / EBITDA 6.37 x 5.76 x 5.4 x 5.56 x 5.07 x 5.22 x 5.02 x 5.56 x
EV / FCF 11.7 x 7.54 x 15.6 x 25.7 x 20.7 x 24.4 x 22.5 x 24.1 x
FCF Yield 8.58% 13.3% 6.42% 3.89% 4.84% 4.1% 4.45% 4.15%
Price to Book 2.08 x 1.85 x - - - - - -
Nbr of stocks (in thousands) 1,53,802 1,53,414 1,47,967 1,41,241 1,35,797 1,32,921 - -
Reference price 2 103.0 95.08 146.7 168.0 164.5 189.3 189.3 189.3
Announcement Date 25/02/20 02/03/21 02/03/22 01/03/23 28/02/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 50,109 54,705 53,748 57,048 60,124 62,472 64,800 66,044
EBITDA 1 5,483 5,607 5,995 6,551 6,953 7,310 7,604 6,761
EBIT 1 3,682 3,719 4,194 4,641 4,920 5,113 5,466 -
Operating Margin 7.35% 6.8% 7.8% 8.14% 8.18% 8.18% 8.44% -
Earnings before Tax (EBT) 1,254 2,057 2,377 3,640 - - - -
Net income 1 242 963 431 1,816 1,496 1,517 1,537 1,416
Net margin 0.48% 1.76% 0.8% 3.18% 2.49% 2.43% 2.37% 2.14%
EPS 2 1.260 5.960 2.520 12.16 10.75 11.45 12.42 11.97
Free Cash Flow 1 2,997 4,286 2,078 1,417 1,706 1,564 1,699 1,558
FCF margin 5.98% 7.83% 3.87% 2.48% 2.84% 2.5% 2.62% 2.36%
FCF Conversion (EBITDA) 54.66% 76.44% 34.66% 21.63% 24.54% 21.39% 22.35% 23.04%
FCF Conversion (Net income) 1,238.43% 445.07% 482.13% 78.03% 114.04% 103.1% 110.56% 110.03%
Dividend per Share 2 2.090 2.125 2.300 2.580 2.799 3.076 3.378 3.170
Announcement Date 25/02/20 02/03/21 02/03/22 01/03/23 28/02/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

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 12,902 12,407 12,979 17,520 14,142 13,133 13,884 18,407 14,700 13,735 14,441 19,050 15,198 14,222 -
EBITDA 1 1,453 1,422 1,588 1,951 1,590 1,507 1,733 2,019 1,694 1,623 1,834 2,187 1,791 1,724 1,929
EBIT 1 1,033 1,166 1,150 1,373 1,128 - 1,264 - 1,207 1,124 1,338 1,575 1,306 - -
Operating Margin 8.01% 9.4% 8.86% 7.84% 7.98% - 9.1% - 8.21% 8.18% 9.27% 8.27% 8.59% - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income - - - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - - - -
EPS 1.440 - 4.320 6.140 -0.8100 3.010 3.550 4.410 -0.8300 1.730 - - - - -
Dividend per Share 2 0.6000 0.6000 - 0.6600 0.6600 0.6600 0.7130 0.7130 0.7130 - 0.8200 0.8200 0.8200 0.8200 -
Announcement Date 02/03/22 10/05/22 29/07/22 22/11/22 01/03/23 09/05/23 01/08/23 21/11/23 28/02/24 07/05/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 19,105 17,713 10,649 12,676 12,936 12,992 12,999 12,400
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.484 x 3.159 x 1.776 x 1.935 x 1.86 x 1.777 x 1.71 x 1.834 x
Free Cash Flow 1 2,997 4,286 2,078 1,417 1,706 1,564 1,699 1,558
ROE (net income / shareholders' equity) 3.09% 12.5% 5.84% 26.3% 22.1% 12% 12.1% 11.1%
ROA (Net income/ Total Assets) 0.53% 2.01% 0.91% 3.78% 3.03% 3% 3.1% 2.8%
Assets 1 45,833 47,934 47,582 48,021 49,365 50,567 49,581 50,571
Book Value Per Share 49.50 51.40 - - - - - -
Cash Flow per Share - - - 44.90 - - - -
Capex 1 1,558 1,592 1,456 1,893 2,379 2,031 2,081 2,378
Capex / Sales 3.11% 2.91% 2.71% 3.32% 3.96% 3.25% 3.21% 3.6%
Announcement Date 25/02/20 02/03/21 02/03/22 01/03/23 28/02/24 - - -
1CAD in Million
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
189.3 CAD
Average target price
210 CAD
Spread / Average Target
+10.92%
Consensus
  1. Stock Market
  2. Equities
  3. WN Stock
  4. Financials George Weston Limited