Savaria Corporation

TSX:SIS Stock Report

Market Cap: CA$2.1b

Savaria Management

Management criteria checks 3/4

Savaria's CEO is Sebastien Bourassa, appointed in Jan 2024, has a tenure of 2.42 years. total yearly compensation is CA$3.01M, comprised of 25.7% salary and 74.3% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth CA$12.06M. The average tenure of the management team and the board of directors is 4.4 years and 15.3 years respectively.

Key information

Sebastien Bourassa

Chief executive officer

CA$3.0m

Total compensation

CEO salary percentage25.74%
CEO tenure2.4yrs
CEO ownership0.6%
Management average tenure4.4yrs
Board average tenure15.3yrs

Recent management updates

Recent updates

Narrative Update Jun 07

SIS: Recent P E And Margin Assumptions Will Support Future Upside Potential

Narrative Update on Savaria The analyst price target for Savaria has been raised to CA$35.00, reflecting recent Street research in which several firms lifted their CA$ targets, supported by updated assumptions around discount rate, profit margin and future P/E multiples. Analyst Commentary Recent research updates on Savaria show several bullish analysts lifting their Canadian dollar price targets by amounts ranging from C$2 to C$4, feeding into the consolidated C$35.00 target.
Narrative Update May 03

SIS: Recent P E Revisions Will Support Future Upside Potential

The analyst fair value estimate for Savaria has increased by CA$0.81 to CA$34.63, as analysts factor in updated Street price targets from CA$29 to CA$31 along with modest adjustments to the discount rate and future P/E assumptions. Analyst Commentary Street research on Savaria has recently centered on a series of upward revisions to price targets, with several analysts adjusting their views over a relatively short period.
Narrative Update Apr 19

SIS: Recent Model Revisions And Higher P E Assumptions Will Support Future Upside

Narrative update on Savaria The analyst price target for Savaria has been raised by CA$3 to CA$33.81. Analysts cited updated assumptions for revenue growth, profit margin and future P/E, along with recent target increases from CA$29 to CA$31 across several firms, as the basis for the adjustment.
Narrative Update Apr 04

SIS: Upcoming Investor Day And Stable Assumptions Will Support Future Upside

Narrative Update Analysts have nudged Savaria's price target higher to CA$30.81, with modest tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions supporting this updated view. Analyst Commentary Recent Street research has been clustered around price target revisions, with multiple bullish analysts lifting their fair value estimates for Savaria into a C$29 to C$31 range.
Narrative Update Mar 21

SIS: Upcoming Investor Day And Higher P/E Assumptions Will Shape Future Pricing

The updated analyst price target for Savaria has shifted from CA$28.50 to CA$30.81 as analysts factor in adjusted assumptions for discount rate, revenue growth, profit margins, and a higher future P/E multiple, supported by a series of recent target increases from CA$28 to as high as CA$31 across several firms. Analyst Commentary Recent research updates cluster around higher price targets for Savaria, with several firms moving their numbers into a C$29 to C$31 range.
Narrative Update Mar 06

SIS: Analyst Day And Refined Assumptions Will Guide Future Share Pricing

Analysts have nudged their fair value estimate for Savaria up to CA$28.50 from CA$28.00, reflecting a series of recent price target increases across the Street, with several firms now pointing to levels between CA$29 and CA$31. Analyst Commentary Recent research updates cluster around higher fair value marks for Savaria, with several firms now referencing price targets in the CA$29 to CA$31 range.
Narrative Update Feb 20

SIS: Updated Assumptions And Investor Day Will Shape Future Pricing

Analysts have raised their price target on Savaria by CA$2 to reflect updated views on its long term fair value. The revised target is supported by refreshed assumptions on revenue growth, profit margins and future P/E expectations.
Analysis Article Feb 07

Savaria Corporation's (TSE:SIS) P/E Is On The Mark

With a price-to-earnings (or "P/E") ratio of 29.2x Savaria Corporation ( TSE:SIS ) may be sending very bearish signals...
Narrative Update Feb 06

SIS: Refined Discount Rate And Margins Will Support Higher Future Pricing

Analysts have lifted their price target on Savaria by C$2 to C$28.00, citing updated assumptions around the discount rate, profit margin and future P/E that refine, but do not materially alter, their overall valuation view. Analyst Commentary Bullish Takeaways Bullish analysts view the C$2 lift in the price target to C$28.00 as a sign that refined assumptions around discount rate and P/E still support the overall equity story.
Analysis Article Jan 27

Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0467

The board of Savaria Corporation ( TSE:SIS ) has announced that it will pay a dividend on the 10th of February, with...
Narrative Update Jan 22

SIS: Low Leverage And Acquisition Capacity Will Support Higher Future Pricing

Analysts have lifted their price target on Savaria to C$28.00 from C$27.38, reflecting updated views on the stock's fair value and P/E assumptions. Analyst Commentary Recent research updates point to a gradual reset of what analysts see as a reasonable valuation range for Savaria, with price targets moving higher over time and anchored to refreshed P/E assumptions.
Narrative Update Jan 08

SIS: Low Leverage And Active Acquisition Pipeline Will Support Future Upside

Analysts have nudged their price target on Savaria up by C$1 to C$26, citing updated Street research that supports a slightly higher valuation while keeping their core assumptions on fair value and profitability broadly unchanged. Analyst Commentary Recent Street research supports a modestly higher valuation for Savaria, with the latest price target set at C$26 compared with the prior C$25, while keeping the existing positive stance on the shares intact.
Analysis Article Dec 25

Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.0467

Savaria Corporation ( TSE:SIS ) has announced that it will pay a dividend of CA$0.0467 per share on the 9th of January...
Narrative Update Dec 22

SIS: Future Margin Expansion And Acquisitions Will Support Upside Potential

Analysts have raised their price target on Savaria to approximately C$27.40 from about C$25.80, citing slightly stronger expectations for revenue growth, improved profit margins, and a modestly higher future earnings multiple. Analyst Commentary Analyst commentary points to a generally constructive outlook on Savaria, with price targets moving higher alongside expectations for steady execution and margin improvement.
Analysis Article Nov 25

Savaria (TSE:SIS) Will Pay A Dividend Of CA$0.0467

The board of Savaria Corporation ( TSE:SIS ) has announced that it will pay a dividend on the 9th of December, with...
Analysis Article Nov 12

Savaria's (TSE:SIS) Strong Earnings Are Of Good Quality

Savaria Corporation ( TSE:SIS ) just reported healthy earnings but the stock price didn't move much. Our analysis...
Analysis Article Sep 19

Savaria (TSE:SIS) Is Paying Out A Larger Dividend Than Last Year

Savaria Corporation ( TSE:SIS ) will increase its dividend from last year's comparable payment on the 8th of October to...
Narrative Update Sep 04

Aging Demographics Will Energize Home Accessibility Demand

Analysts maintained their consensus price target for Savaria at CA$25.79, citing stronger revenue growth, upward earnings revisions, margin expansion, and positive momentum in international markets and product rollouts. Analyst Commentary Bullish analysts cite improved revenue growth projections supported by robust order backlogs.
Analysis Article Aug 26

Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.045

Savaria Corporation ( TSE:SIS ) will pay a dividend of CA$0.045 on the 9th of September. Based on this payment, the...
Analysis Article Jul 28

Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.045

Savaria Corporation ( TSE:SIS ) will pay a dividend of CA$0.045 on the 11th of August. This means the annual payment is...
Analysis Article May 13

Savaria Corporation (TSE:SIS) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Savaria Corporation ( TSE:SIS ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Analysis Article Apr 25

Savaria (TSE:SIS) Has Affirmed Its Dividend Of CA$0.045

The board of Savaria Corporation ( TSE:SIS ) has announced that it will pay a dividend on the 9th of May, with...
Analysis Article Mar 27

Savaria's (TSE:SIS) Dividend Will Be CA$0.045

Savaria Corporation's ( TSE:SIS ) investors are due to receive a payment of CA$0.045 per share on 11th of April. This...
Analysis Article Mar 13

The Strong Earnings Posted By Savaria (TSE:SIS) Are A Good Indication Of The Strength Of The Business

Savaria Corporation ( TSE:SIS ) just reported healthy earnings but the stock price didn't move much. Our analysis...
Analysis Article Feb 24

Savaria's (TSE:SIS) Dividend Will Be CA$0.045

Savaria Corporation ( TSE:SIS ) will pay a dividend of CA$0.045 on the 10th of March. The dividend yield will be 3.0...
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New Narrative Feb 08

Aging Population Trends Will Drive Demand For Home Elevators

Savaria's operational improvements and strategic product launches aim to boost margins and revenue growth in the Patient Care segment.
Analysis Article Jan 26

Savaria (TSE:SIS) Will Pay A Dividend Of CA$0.045

Savaria Corporation ( TSE:SIS ) has announced that it will pay a dividend of CA$0.045 per share on the 10th of...

CEO Compensation Analysis

How has Sebastien Bourassa's remuneration changed compared to Savaria's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

CA$79m

Dec 31 2025CA$3mCA$775k

CA$69m

Sep 30 2025n/an/a

CA$63m

Jun 30 2025n/an/a

CA$54m

Mar 31 2025n/an/a

CA$49m

Dec 31 2024CA$2mCA$550k

CA$49m

Sep 30 2024n/an/a

CA$45m

Jun 30 2024n/an/a

CA$46m

Mar 31 2024n/an/a

CA$43m

Dec 31 2023CA$454kCA$383k

CA$38m

Sep 30 2023n/an/a

CA$38m

Jun 30 2023n/an/a

CA$37m

Mar 31 2023n/an/a

CA$36m

Dec 31 2022CA$794kCA$270k

CA$35m

Sep 30 2022n/an/a

CA$25m

Jun 30 2022n/an/a

CA$19m

Mar 31 2022n/an/a

CA$13m

Dec 31 2021CA$241kCA$216k

CA$12m

Sep 30 2021n/an/a

CA$17m

Jun 30 2021n/an/a

CA$21m

Mar 31 2021n/an/a

CA$25m

Dec 31 2020CA$283kCA$212k

CA$26m

Sep 30 2020n/an/a

CA$28m

Jun 30 2020n/an/a

CA$28m

Mar 31 2020n/an/a

CA$27m

Dec 31 2019CA$256kCA$206k

CA$26m

Compensation vs Market: Sebastien's total compensation ($USD2.15M) is about average for companies of similar size in the Canadian market ($USD2.04M).

Compensation vs Earnings: Sebastien's compensation has increased by more than 20% in the past year.


CEO

Sebastien Bourassa

2.4yrs
Tenure
CA$3,011,250
Compensation

Mr. Sebastien Bourassa is President and CEO of Savaria Corporation since January 1, 2024 and served as its Chief Operating Officer since May 15, 2023 until January 1, 2024. He has been Director of Savaria...


Leadership Team

NamePositionTenureCompensationOwnership
Marcel Bourassa
Executive Chairman of the Board24.3yrsCA$2.44m15.48%
CA$ 325.4m
Sebastien Bourassa
President2.4yrsCA$3.01m0.57%
CA$ 12.1m
Stephen Reitknecht
Chief Financial Officer5.8yrsCA$712.24k0.0035%
CA$ 73.0k
Alexandre Bourassa
President of North America Accessibility3.4yrsCA$795.40k0.087%
CA$ 1.8m
Jean-Philippe De Montigny
Chief Transformation Officer2.4yrsCA$1.38m0.13%
CA$ 2.7m
Sylvain Aubry
Chief Legal Officer & Corporate Secretary8.3yrsno data0.0064%
CA$ 134.8k
Charles Rimbert
Vice President of Corporate Development9.8yrsCA$276.54kno data
Vince Sciamanna
President of Garaventa Lift Group N.A. & Garaventa Canada Ltd.no dataCA$337.50k0.013%
CA$ 277.1k
Les Teague
Group President of Patient Care5.4yrsCA$581.46kno data
Eric Bishun
General Manager of Savaria Salesno dataCA$192.73kno data
4.4yrs
Average Tenure

Experienced Management: SIS's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marcel Bourassa
Executive Chairman of the Board24.3yrsCA$2.44m15.48%
CA$ 325.4m
Sebastien Bourassa
President8.9yrsCA$3.01m0.57%
CA$ 12.1m
Jean-Marie Bourassa
Director24.3yrsCA$170.00k0.36%
CA$ 7.5m
Peter Drutz
Lead Independent Director24.4yrsCA$201.50k0.13%
CA$ 2.8m
Jean-Louis Chapdelaine
Independent Director21.1yrsCA$170.00k0.14%
CA$ 2.9m
Sylvain Dumoulin
Independent Director15.8yrsCA$190.00k0.15%
CA$ 3.1m
Alain Tremblay
Independent Director14.8yrsCA$202.50k0.10%
CA$ 2.2m
Anne Le Breton
Independent Director3.4yrsCA$180.00k0.0057%
CA$ 120.7k
Caroline Berube
Independent Director8.8yrsCA$180.00k0.035%
CA$ 729.3k
Pernilla Linden
Independent Director2yrsCA$170.00kno data
15.3yrs
Average Tenure
64yo
Average Age

Experienced Board: SIS's board of directors are seasoned and experienced ( 15.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 10:32
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Savaria Corporation is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyle McPheeATB Cormark
Kyle McPheeATB Cormark Historical (Cormark Securities)
Noel AtkinsonClarus Securities Inc.