Market Closed -
Toronto S.E.
01:30:00 04/05/2024 am IST
|
5-day change
|
1st Jan Change
|
21.63
CAD
|
+1.17%
|
|
+5.51%
|
-10.14%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,908
|
9,220
|
8,602
|
9,146
|
6,127
|
5,538
|
-
|
-
|
Enterprise Value (EV)
1 |
11,854
|
16,374
|
15,562
|
14,651
|
13,240
|
14,090
|
16,547
|
13,480
|
P/E ratio
|
16.2
x
|
26.1
x
|
46.3
x
|
10.7
x
|
-33.4
x
|
16.4
x
|
13.1
x
|
11
x
|
Yield
|
4.41%
|
2.63%
|
3.16%
|
3.23%
|
4.99%
|
5.55%
|
5.55%
|
5.55%
|
Capitalization / Revenue
|
2.96
x
|
4.47
x
|
4.11
x
|
3.73
x
|
2.74
x
|
2.42
x
|
2.38
x
|
2.04
x
|
EV / Revenue
|
7.15
x
|
7.95
x
|
7.43
x
|
5.98
x
|
5.93
x
|
6.15
x
|
7.1
x
|
4.96
x
|
EV / EBITDA
|
12
x
|
14
x
|
13.7
x
|
10.5
x
|
10.7
x
|
11.1
x
|
12.5
x
|
8.79
x
|
EV / FCF
|
9.9
x
|
14.5
x
|
13.7
x
|
38.5
x
|
31.2
x
|
46.7
x
|
55.7
x
|
-
|
FCF Yield
|
10.1%
|
6.89%
|
7.32%
|
2.6%
|
3.2%
|
2.14%
|
1.79%
|
-
|
Price to Book
|
4.59
x
|
5.86
x
|
3.12
x
|
2.11
x
|
1.47
x
|
2.3
x
|
2.08
x
|
1.65
x
|
Nbr of stocks (in thousands)
|
1,80,439
|
2,01,892
|
2,26,670
|
2,46,320
|
2,54,562
|
2,56,042
|
-
|
-
|
Reference price
2 |
27.20
|
45.67
|
37.95
|
37.13
|
24.07
|
21.63
|
21.63
|
21.63
|
Announcement Date
|
25/02/20
|
22/02/21
|
24/02/22
|
23/02/23
|
21/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,659
|
2,061
|
2,093
|
2,449
|
2,233
|
2,291
|
2,330
|
2,718
|
EBITDA
1 |
984.7
|
1,170
|
1,137
|
1,398
|
1,240
|
1,264
|
1,319
|
1,534
|
EBIT
1 |
521.1
|
900.2
|
808.6
|
1,051
|
741.2
|
765
|
743
|
892
|
Operating Margin
|
31.41%
|
43.69%
|
38.63%
|
42.93%
|
33.19%
|
33.4%
|
31.89%
|
32.82%
|
Earnings before Tax (EBT)
1 |
530.5
|
600.1
|
423.2
|
1,260
|
-57
|
544
|
658.3
|
797.3
|
Net income
1 |
309
|
349.6
|
189.6
|
827.7
|
-175.2
|
351.7
|
392.5
|
499.7
|
Net margin
|
18.63%
|
16.96%
|
9.06%
|
33.8%
|
-7.85%
|
15.35%
|
16.85%
|
18.38%
|
EPS
2 |
1.680
|
1.750
|
0.8200
|
3.460
|
-0.7200
|
1.320
|
1.652
|
1.972
|
Free Cash Flow
1 |
1,198
|
1,127
|
1,140
|
380.5
|
423.7
|
301.4
|
297
|
-
|
FCF margin
|
72.2%
|
54.71%
|
54.44%
|
15.54%
|
18.98%
|
13.16%
|
12.75%
|
-
|
FCF Conversion (EBITDA)
|
121.63%
|
96.35%
|
100.22%
|
27.21%
|
34.18%
|
23.84%
|
22.51%
|
-
|
FCF Conversion (Net income)
|
387.57%
|
322.5%
|
601.13%
|
45.97%
|
-
|
85.69%
|
75.66%
|
-
|
Dividend per Share
2 |
1.200
|
1.200
|
1.200
|
1.200
|
1.200
|
1.200
|
1.200
|
1.200
|
Announcement Date
|
25/02/20
|
22/02/21
|
24/02/22
|
23/02/23
|
21/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
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
|
---|
Net sales
1 |
432.1
|
640.1
|
695.1
|
556.8
|
555.9
|
641.1
|
621.7
|
471.5
|
513.3
|
626.2
|
696.6
|
511.7
|
521.7
|
587.4
|
-
|
EBITDA
1 |
265.2
|
363.6
|
420.1
|
335.2
|
289.8
|
353.1
|
351.7
|
232.3
|
267.3
|
388.7
|
403.2
|
262.9
|
269.3
|
334.1
|
-
|
EBIT
|
89.02
|
295.5
|
373.7
|
231.6
|
216.5
|
229.6
|
272.5
|
102.6
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
20.6%
|
46.16%
|
53.77%
|
41.59%
|
38.94%
|
35.8%
|
43.84%
|
21.76%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
22.31
|
209.4
|
388.1
|
353.6
|
123.5
|
394.9
|
146
|
58.83
|
61.67
|
-323.5
|
260
|
89.5
|
114.5
|
157
|
-
|
Net income
1 |
-9.465
|
121.3
|
229.1
|
238
|
81.66
|
278.9
|
69.89
|
2.82
|
36.17
|
-285.6
|
156
|
44.9
|
55.77
|
104.2
|
-
|
Net margin
|
-2.19%
|
18.94%
|
32.97%
|
42.75%
|
14.69%
|
43.5%
|
11.24%
|
0.6%
|
7.05%
|
-45.61%
|
22.4%
|
8.78%
|
10.69%
|
17.75%
|
-
|
EPS
2 |
-0.0500
|
0.4500
|
0.9900
|
1.010
|
0.3300
|
1.140
|
0.2700
|
0.0100
|
0.1400
|
-1.140
|
0.5620
|
0.1600
|
0.1400
|
0.3500
|
0.5100
|
Dividend per Share
2 |
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
-
|
Announcement Date
|
10/11/21
|
24/02/22
|
10/05/22
|
11/08/22
|
10/11/22
|
23/02/23
|
09/05/23
|
10/08/23
|
09/11/23
|
21/02/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
6,947
|
7,154
|
6,960
|
5,505
|
7,113
|
8,552
|
11,009
|
7,942
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.054
x
|
6.114
x
|
6.122
x
|
3.937
x
|
5.736
x
|
6.765
x
|
8.345
x
|
5.177
x
|
Free Cash Flow
1 |
1,198
|
1,127
|
1,140
|
380
|
424
|
301
|
297
|
-
|
ROE (net income / shareholders' equity)
|
-
|
26.5%
|
8.33%
|
23.2%
|
10.3%
|
5.6%
|
4.6%
|
5.75%
|
ROA (Net income/ Total Assets)
|
-
|
3.2%
|
1.56%
|
6.11%
|
3.18%
|
1.2%
|
0.5%
|
1%
|
Assets
1 |
-
|
10,939
|
12,136
|
13,547
|
-5,511
|
29,310
|
78,504
|
49,967
|
Book Value Per Share
2 |
5.930
|
7.790
|
12.20
|
17.60
|
16.40
|
9.410
|
10.40
|
13.10
|
Cash Flow per Share
2 |
6.530
|
6.730
|
7.350
|
7.760
|
3.110
|
4.150
|
3.700
|
4.730
|
Capex
1 |
766
|
227
|
470
|
453
|
441
|
2,745
|
3,016
|
3,174
|
Capex / Sales
|
46.18%
|
11%
|
22.44%
|
18.48%
|
19.76%
|
119.84%
|
129.42%
|
116.78%
|
Announcement Date
|
25/02/20
|
22/02/21
|
24/02/22
|
23/02/23
|
21/02/24
|
-
|
-
|
-
|
Last Close Price
21.63
CAD Average target price
29.08
CAD Spread / Average Target +34.43% Consensus |
1st Jan change
|
Capi.
|
---|
| -10.14% | 4.05B | | +12.70% | 34.19B | | +10.78% | 23.78B | | -26.85% | 14.95B | | -5.93% | 6.86B | | -3.24% | 4.79B | | -10.67% | 4.05B | | +8.47% | 2.93B | | -.--% | 2.89B | | -11.57% | 2.8B |
Renewable IPPs
|