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TSX-BN
Jun '15
Dec '16
Jun '18
Dec '19
Jun '21
Dec '22
Jun '24
Trailing Valuation
Stock Price
41.3
38.3
27.7
26.7
22.4
21
Total Shares Outstanding
2,243.5
2,259.8
2,262.3
2,285.2
2,345.8
2,360.1
Market Cap
92,656.6
86,732.1
62,667
61,037.3
52,663.2
49,372.4
Total Enterprise Value (TEV)
491,232.6
471,856.1
461,498
451,767.3
415,522.2
390,941.4
Dividend Yield
0.4%
0.5%
0.6%
1%
Buyback Yield
0.9%
0.2%
1.2%
Debt Paydown Yield
-13.6%
-10.4%
-26.3%
-7.7%
-13.9%
-24.5%
Shareholder Yield
-12.6%
-10.2%
-25%
-7.2%
-13.4%
-24%
P/S
2.6
2.2
1.4
1.2
1.1
1
P/Gross Profit
10.7
8.4
8.1
7.3
6.4
P/E
364.4
213.2
1,038.8
75.6
420.9
1,046
Earnings Yield
0.3%
0.1%
1.3%
P/OCF
25
13.2
61.7
12.3
34.6
9.6
P/FCF
-18.2
-15.4
-6.9
-16.3
-8.7
-12.1
FCF Yield
-5.5%
-6.5%
-14.5%
-6.1%
-11.5%
-8.2%
P/B
22.6
21.1
15.3
14.9
12.8
11.9
EV/Sales
13.6
11.8
10
9.2
8.8
8.2
EV/Gross Profit
56.7
45.8
59.5
62.1
57.4
51.1
EV/EBITDA
36.1
31.3
36.5
37.9
35.8
33.8
EV/EBIT
57
45.9
59.8
62.4
57.7
51.5
EV/OCF
132.6
72
454.2
91.4
272.7
75.9
EV/FCF
-96.4
-83.5
-50.7
-120.7
-68.4
-96.2
Dividends
DPS
0.2
0.1
Payout Ratio
103.8%
66.7%
229%
32.3%
150.2%
482.2%
Margins
Gross Profit Margin
24%
25.7%
16.9%
14.9%
15.4%
16.1%
Operating Margin
23.9%
25.6%
16.8%
14.8%
15.3%
15.9%
EBITDA Margin
37.8%
37.7%
27.5%
24.3%
24.7%
Net Profit Margin
3.5%
4%
6.5%
4.1%
1.6%
Effective Tax Rate
28.9%
19.7%
71.4%
9.4%
26.1%
44.9%
Pre-Tax Profit Margin
5%
1.8%
7.1%
5.6%
2.9%
Free Cash Flow Margin
-14.1%
-19.8%
-7.6%
-12.9%
-8.5%
OCF / Sales
10.3%
16.4%
2.2%
10.1%
3.2%
10.8%
OCF / Net Income
291.7%
404.8%
434.2%
156%
78.7%
678%
FCF / OCF
-137.6%
-86.2%
-895.2%
-75.7%
-398.4%
-78.9%
FCF / Net Income
-401.3%
-348.9%
-3,886.8%
-118.1%
-313.6%
-534.7%
FCF / EBITDA
-37.4%
-72%
-31.4%
-52.3%
-35.1%
Capital Efficiency
Return on Invested Capital
1.4%
1.9%
Return on Assets
1.7%
Return on Equity
0.8%
2%
Return on Total Capital
1.5%
2.1%
Return on Capital Employed
2.4%
Return on Tangible Assets
Payables Turnover
0.5
0.7
Days Payables Outstanding
747
702
554.9
507.7
528.5
500.4
Cash Conversion Cycle
-747
-702
-554.9
-507.7
-528.5
-500.4
Asset Turnover
Fixed Asset Turnover
0.3
0.4
CapEx to OCF
2.4
1.9
1.8
5
CapEx to Revenue
CapEx to Depreciation
2.5
2.1
1.7
2.3
Financial Health
Total Debt
250,634
234,792
242,516
233,710
219,703
214,074
Net Debt
236,931
219,741
231,267
222,488
207,276
199,678
Current Ratio
0.9
Quick Ratio
Cash Ratio
Debt Ratio
Assets to Equity
3.1
3
2.9
Cash Flow to Debt Ratio
0
Long-term Debt to Assets
Intangibles to Total Assets
Net Current Asset Value
-431,461
-426,406
-441,130
-436,460
-405,954
-383,837
Goodwill / Assets
Debt / Equity
1.6
1.5
Total Debt / Capitalization
0.6
Long Term Debt / Capitalization
Long-Term Debt / Equity
Net Debt / EBITDA
17.4
14.6
18.3
18.7
17.9
17.2
EBIT / Interest Expense
EBITDA / Interest Expense
(EBITDA - Capex) / Interest Expense
Per Share
Revenue per Share
15.2
16.4
19.9
20.5
19.8
Basic EPS
Diluted EPS
Book Value per Share
Tangible Book Value per Share
-31.5
-27.7
-29.2
-26.3
Cash per Share
5.8
6.2
4.9
4.7
5.2
6
Operating Cash Flow per Share
2.7
Free Cash Flow per Share
-2.2
-2.3
-3.9
-1.6
-2.6
-1.7
CapEx per Share
3.7
4.4
3.6
3.2
3.9
Weighted Avg. Shares Outstanding
2,250.2
2,263.1
2,271.5
2,323.2
2,352.3
2,353.5
Weighted Avg. Shares Outstanding Diluted
2,367
2,445.8
2,308.1
2,390.4
2,374.2
2,391.8
Common Size
SG&A to Revenue