K-Bro Linen (TSX:KBL) - Stock Price, News & Analysis

KBL Stock Overview

K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom.

KBL fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	5/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 59.2% below our estimate of its fair value

Earnings are forecast to grow 33.29% per year

Earnings grew by 95.7% over the past year

Analysts in good agreement that stock price will rise by 35.2%

Risk Analysis

Dividend of 3.82% is not well covered by earnings or cash flows

K-Bro Linen Inc. Competitors

Black Diamond Group

TSX:BDI

CA$422.3m

Calian Group

TSX:CGY

CA$611.6m

Dexterra Group

TSX:DXT

CA$375.0m

GDI Integrated Facility Services

TSX:GDI

CA$898.4m

Price History & Performance

Summary of all time highs, changes and price drops for K-Bro Linen
Historical stock prices
Current Share Price	CA$31.41
52 Week High	CA$35.60
52 Week Low	CA$26.53
Beta	1.1
1 Month Change	-7.89%
3 Month Change	-0.22%
1 Year Change	8.87%
3 Year Change	13.19%
5 Year Change	-18.42%
Change since IPO	168.92%

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Aug 27

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Aug 13

Recent updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For K-Bro Linen Inc.'s (TSE:KBL) CEO For Now

Jun 23

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Jun 21

Here's Why We Think K-Bro Linen (TSE:KBL) Is Well Worth Watching

May 17

Shareholder Returns

	KBL	CA Commercial Services	CA Market
7D	-3.4%	-1.4%	-2.7%
1Y	8.9%	21.5%	4.9%

Return vs Industry: KBL underperformed the Canadian Commercial Services industry which returned 21.5% over the past year.

Return vs Market: KBL exceeded the Canadian Market which returned 4.9% over the past year.

Price Volatility

Is KBL's price volatile compared to industry and market?
KBL volatility
KBL Average Weekly Movement	2.9%
Commercial Services Industry Average Movement	5.4%
Market Average Movement	7.9%
10% most volatile stocks in CA Market	16.9%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: KBL is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: KBL's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1954	2,820	Linda McCurdy	https://www.k-brolinen.com

K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, cart delivery, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services.

K-Bro Linen Inc. Fundamentals Summary

How do K-Bro Linen's earnings and revenue compare to its market cap?
KBL fundamental statistics
Market Cap	CA$334.61m
Earnings (TTM)	CA$9.43m
Revenue (TTM)	CA$295.83m

35.5x

P/E Ratio

1.1x

P/S Ratio

Is KBL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KBL income statement (TTM)
Revenue	CA$295.83m
Cost of Revenue	CA$196.14m
Gross Profit	CA$99.69m
Other Expenses	CA$90.26m
Earnings	CA$9.43m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.88
Gross Margin	33.70%
Net Profit Margin	3.19%
Debt/Equity Ratio	36.2%

How did KBL perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

136%

Payout Ratio

Does KBL pay a reliable dividends?

See KBL dividend history and benchmarks

When do you need to buy KBL by to receive an upcoming dividend?
K-Bro Linen dividend dates
Ex Dividend Date	Sep 28 2023
Dividend Pay Date	Oct 13 2023
Days until Ex dividend	0 days
Days until Dividend pay date	15 days

Does KBL pay a reliable dividends?

See KBL dividend history and benchmarks

KBL Stock Overview

Rewards

Risk Analysis

K-Bro Linen Inc. Competitors

TSX:BDI

CA$422.3m

TSX:CGY

CA$611.6m

TSX:DXT

CA$375.0m

TSX:GDI

CA$898.4m

Price History & Performance

Recent News & Updates

Upcoming dividend of CA$0.10 per share at 3.7% yield

K-Bro Linen Inc. Announces Dividend on Common Share of the Corporation for the Period from September 1 to 30, 2023, Payable on October 13, 2023

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Upcoming dividend of CA$0.10 per share at 3.6% yield

Consensus EPS estimates increase by 10%

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Recent updates

Upcoming dividend of CA$0.10 per share at 3.7% yield

K-Bro Linen Inc. Announces Dividend on Common Share of the Corporation for the Period from September 1 to 30, 2023, Payable on October 13, 2023

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Upcoming dividend of CA$0.10 per share at 3.6% yield

Consensus EPS estimates increase by 10%

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen Inc. Declares Monthly Dividend for the Period from August 1 to August 31, 2023, Payable on September 15, 2023

Price target increased by 9.0% to CA$42.46

New major risk - Dividend sustainability

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

K-Bro Linen Inc. to Report Q2, 2023 Results on Aug 08, 2023

Upcoming dividend of CA$0.10 per share at 3.6% yield

K-Bro Linen Inc. Declares July 2023 Dividend, Payable on August 15, 2023

Upcoming dividend of CA$0.10 per share at 3.8% yield

K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

K-Bro Linen Inc. Declares June 2023 Dividend, Payable on July 14, 2023

Upcoming dividend of CA$0.10 per share at 3.8% yield

Consensus EPS estimates increase by 27%

K-Bro Linen Inc. Declares Monthly Dividend for the Period from May 1 to May 31, 2023, Payable on June 15, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

K-Bro Linen (TSE:KBL) Is Due To Pay A Dividend Of CA$0.10

Upcoming dividend of CA$0.10 per share at 4.1% yield

Consensus EPS estimates fall by 31%

Consensus EPS estimates fall by 40%, revenue upgraded

Price target decreased by 11% to CA$37.25

Upcoming dividend of CA$0.10 per share at 4.1% yield

Full year 2022 earnings: EPS misses analyst expectations

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen Inc. Declares Dividend for the Period from February 1 to 28, 2023, Payable on March 15, 2023

Upcoming dividend of CA$0.10 per share

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen Inc. Declares January 2023 Dividend, Payable on February 15, 2023

Upcoming dividend of CA$0.10 per share

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen Inc. Announces Dividend for the Month Ended December 31, 2022, Payable on January 13, 2023

Upcoming dividend of CA$0.10 per share

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Third quarter 2022 earnings: EPS misses analyst expectations

K-Bro Linen Inc. Declares Monthly Dividend for the Month of November 2022, Payable on December 15, 2022

K-Bro Linen Inc. to Report Q3, 2022 Results on Nov 09, 2022

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Upcoming dividend of CA$0.10 per share

K-Bro Linen Inc. Declares October 2022 Dividend, Payable on November 15, 2022

Director recently bought CA$90k worth of stock

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen Inc. Announces Dividend for the Period from September 1 to 30, 2022, Payable on October 14, 2022

Upcoming dividend of CA$0.10 per share

Consensus forecasts updated

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

K-Bro Linen Inc. Declares A Monthly Dividend Payable on September 15, 2022

Upcoming dividend of CA$0.10 per share

K-Bro Linen Inc. to Report Q2, 2022 Results on Aug 08, 2022

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen Inc. Announces Dividend for the Period from July 1 to 31, 2022, Payable on August 15, 2022

Upcoming dividend of CA$0.10 per share

K-Bro Linen (TSE:KBL) Has Re-Affirmed Its Dividend Of CA$0.10

K-Bro Linen Inc. Announces Dividend for the Period from June 1, 2022 to June 30, 2022, Payable on July 15, 2022

Upcoming dividend of CA$0.10 per share