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K-Bro Linen

TSX:KBL
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KBL
TSX
CA$421M
Market Cap
  1. Home
  2. CA
  3. Commercial Services
Company description

K-Bro Linen Inc., together with its subsidiaries, engages in the processing, management, and distribution of general linen and operating room linen to healthcare institutions, hotels, and other commercial accounts in Canada. The last earnings update was 71 days ago. More info.


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KBL Share Price and Events
7 Day Returns
-2.8%
TSX:KBL
-0.6%
CA Commercial Services
-0.4%
CA Market
1 Year Returns
2.9%
TSX:KBL
-28.6%
CA Commercial Services
-2.8%
CA Market
KBL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
K-Bro Linen (KBL) -2.8% -0.3% 2.6% 2.9% -10.1% 4.4%
CA Commercial Services -0.6% -2.5% -4.3% -28.6% -6.3% -57.3%
CA Market -0.4% 0.3% -2.4% -2.8% 7.7% 0.1%
1 Year Return vs Industry and Market
  • KBL outperformed the Commercial Services industry which returned -28.6% over the past year.
  • KBL outperformed the Market in Canada which returned -2.8% over the past year.
Price Volatility
KBL
Industry
5yr Volatility vs Market

KBL Value

 Is K-Bro Linen undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for K-Bro Linen. This is due to cash flow or dividend data being unavailable. The share price is CA$40.08.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for K-Bro Linen's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are K-Bro Linen's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:KBL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$0.57
TSX:KBL Share Price ** TSX (2019-07-18) in CAD CA$40.08
Canada Commercial Services Industry PE Ratio Median Figure of 11 Publicly-Listed Commercial Services Companies 17.2x
Canada Market PE Ratio Median Figure of 538 Publicly-Listed Companies 15.04x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of K-Bro Linen.

TSX:KBL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:KBL Share Price ÷ EPS (both in CAD)

= 40.08 ÷ 0.57

69.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • K-Bro Linen is overvalued based on earnings compared to the CA Commercial Services industry average.
  • K-Bro Linen is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does K-Bro Linen's expected growth come at a high price?
Raw Data
TSX:KBL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 69.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
40.4%per year
North America Commercial Services Industry PEG Ratio Median Figure of 37 Publicly-Listed Commercial Services Companies 1.64x
Canada Market PEG Ratio Median Figure of 247 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

TSX:KBL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 69.79x ÷ 40.4%

1.73x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • K-Bro Linen is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on K-Bro Linen's assets?
Raw Data
TSX:KBL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$18.55
TSX:KBL Share Price * TSX (2019-07-18) in CAD CA$40.08
Canada Commercial Services Industry PB Ratio Median Figure of 21 Publicly-Listed Commercial Services Companies 1.38x
Canada Market PB Ratio Median Figure of 2,441 Publicly-Listed Companies 1.44x
TSX:KBL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:KBL Share Price ÷ Book Value per Share (both in CAD)

= 40.08 ÷ 18.55

2.16x

* Primary Listing of K-Bro Linen.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • K-Bro Linen is overvalued based on assets compared to the CA Commercial Services industry average.
X
Value checks
We assess K-Bro Linen's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. K-Bro Linen has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KBL Future Performance

 How is K-Bro Linen expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
40.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is K-Bro Linen expected to grow at an attractive rate?
  • K-Bro Linen's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • K-Bro Linen's earnings growth is expected to exceed the Canada market average.
  • K-Bro Linen's revenue growth is positive but not above the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:KBL Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:KBL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 40.4%
TSX:KBL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 4.2%
Canada Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 47.3%
Canada Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 10.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:KBL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:KBL Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 262 40 16 7
2019-12-31 251 37 13 7
TSX:KBL Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 242 23 6
2018-12-31 240 18 6
2018-09-30 228 16 4
2018-06-30 207 10 5
2018-03-31 187 17 5
2017-12-31 171 19 6
2017-09-30 162 18 9
2017-06-30 160 22 9
2017-03-31 159 24 10
2016-12-31 159 25 12
2016-09-30 158 22 11
2016-06-30 154 20 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • K-Bro Linen's earnings are expected to grow significantly at over 20% yearly.
  • K-Bro Linen's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:KBL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from K-Bro Linen Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:KBL Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.51 1.58 1.33 4.00
2019-12-31 1.19 1.46 0.94 4.00
TSX:KBL Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 0.57
2018-12-31 0.59
2018-09-30 0.37
2018-06-30 0.53
2018-03-31 0.53
2017-12-31 0.63
2017-09-30 1.06
2017-06-30 1.11
2017-03-31 1.29
2016-12-31 1.45
2016-09-30 1.45
2016-06-30 1.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if K-Bro Linen will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess K-Bro Linen's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
K-Bro Linen has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KBL Past Performance

  How has K-Bro Linen performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare K-Bro Linen's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • K-Bro Linen's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • K-Bro Linen's 1-year earnings growth exceeds its 5-year average (17.6% vs -15.6%)
  • K-Bro Linen's earnings growth has not exceeded the CA Commercial Services industry average in the past year (17.6% vs 17.6%).
Earnings and Revenue History
K-Bro Linen's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from K-Bro Linen Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:KBL Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 241.93 6.02 50.22
2018-12-31 239.53 6.17 51.65
2018-09-30 227.60 3.83 47.10
2018-06-30 207.23 5.36 41.44
2018-03-31 186.99 5.12 37.12
2017-12-31 170.56 5.72 32.80
2017-09-30 162.30 9.20 30.77
2017-06-30 160.26 9.20 30.46
2017-03-31 159.24 10.25 31.30
2016-12-31 159.09 11.53 28.79
2016-09-30 157.52 11.49 26.97
2016-06-30 153.66 11.93 24.49
2016-03-31 149.53 11.58 20.29
2015-12-31 144.54 12.07 19.55
2015-09-30 140.65 12.99 19.44
2015-06-30 138.98 12.89 18.60
2015-03-31 137.99 13.19 18.20
2014-12-31 136.44 12.20 17.84
2014-09-30 134.99 11.23 16.16
2014-06-30 133.51 10.05 16.93
2014-03-31 131.83 9.61 16.50
2013-12-31 131.20 10.34 16.11
2013-09-30 130.44 10.98 16.21
2013-06-30 128.91 11.37 14.75
2013-03-31 127.77 11.44 14.66
2012-12-31 126.29 11.15 14.65
2012-09-30 123.86 10.03 14.67

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • K-Bro Linen has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • K-Bro Linen used its assets less efficiently than the CA Commercial Services industry average last year based on Return on Assets.
  • K-Bro Linen's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess K-Bro Linen's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
K-Bro Linen has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KBL Health

 How is K-Bro Linen's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up K-Bro Linen's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • K-Bro Linen is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • K-Bro Linen's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of K-Bro Linen's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from K-Bro Linen Company Filings, last reported 3 months ago.

TSX:KBL Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 194.72 67.44 2.55
2018-12-31 198.66 70.20 2.83
2018-09-30 198.31 67.05 2.90
2018-06-30 201.07 70.51 8.15
2018-03-31 203.90 56.36 9.81
2017-12-31 201.59 42.78 11.28
2017-09-30 172.41 0.00 1.07
2017-06-30 171.60 0.00 5.31
2017-03-31 115.92 32.36
2016-12-31 116.67 25.80
2016-09-30 116.51 10.34
2016-06-30 115.17 7.25
2016-03-31 113.86 5.97
2015-12-31 113.24 2.35
2015-09-30 113.22 0.00 3.04
2015-06-30 111.43 0.00 2.77
2015-03-31 110.45 0.00 11.76
2014-12-31 109.44 0.00 13.74
2014-09-30 74.75 21.91
2014-06-30 72.81 22.59
2014-03-31 71.48 18.61
2013-12-31 71.12 19.64
2013-09-30 70.78 17.03
2013-06-30 69.97 15.34
2013-03-31 68.74 5.16
2012-12-31 67.69 5.82
2012-09-30 66.78 7.79
  • K-Bro Linen's level of debt (34.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (26.1% vs 34.6% today).
  • Debt is well covered by operating cash flow (33.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
X
Financial health checks
We assess K-Bro Linen's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. K-Bro Linen has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KBL Dividends

 What is K-Bro Linen's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.99%
Current annual income from K-Bro Linen dividends. Estimated to be 2.99% next year.
If you bought CA$2,000 of K-Bro Linen shares you are expected to receive CA$60 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • K-Bro Linen's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (2.07%).
  • K-Bro Linen's dividend is below the markets top 25% of dividend payers in Canada (5.73%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:KBL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
North America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 45 Stocks 1.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 336 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:KBL Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 1.20 2.00
2019-12-31 1.20 2.00
TSX:KBL Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-07-15 1.200 2.969
2019-06-14 1.200 2.968
2019-05-09 1.200 3.059
2019-04-15 1.200 3.050
2019-03-14 1.200 3.189
2019-02-15 1.200 3.190
2019-01-15 1.200 3.258
2018-12-14 1.200 3.558
2018-10-16 1.200 3.350
2018-09-14 1.200 3.149
2018-07-13 1.200 3.079
2018-06-15 1.200 3.187
2018-05-10 1.200 3.408
2018-04-13 1.200 3.414
2018-03-15 1.200 3.271
2018-02-15 1.200 3.159
2018-01-15 1.200 3.011
2017-12-15 1.200 2.897
2017-11-10 1.200 3.000
2017-10-13 1.200 3.091
2017-09-15 1.200 3.081
2017-08-09 1.200 3.062
2017-07-14 1.200 3.030
2017-06-15 1.200 3.007
2017-05-15 1.200 3.068
2017-04-13 1.200 3.064
2017-03-15 1.200 2.996
2017-02-15 1.200 2.759
2017-01-13 1.200 2.845
2016-12-15 1.200 2.877
2016-11-11 1.200 3.126
2016-10-14 1.200 3.030
2016-09-15 1.200 2.874
2016-07-15 1.200 2.762
2016-06-15 1.200 2.834
2016-05-12 1.200 2.917
2016-04-15 1.200 2.864
2016-03-10 1.200 2.739
2016-02-16 1.200 2.515
2016-01-15 1.200 2.403
2015-12-15 1.200 2.410
2015-10-15 1.200 2.396
2015-09-15 1.200 2.475
2015-08-13 1.200 2.539
2015-07-15 1.200 2.322
2015-06-15 1.200 2.270
2015-04-16 1.200 2.271
2015-03-13 1.200 2.318
2015-02-13 1.200 2.367
2015-01-15 1.200 2.483
2014-12-15 1.200 2.606
2014-11-14 1.200 2.757
2014-10-15 1.200 3.011
2014-09-15 1.200 3.052
2014-08-14 1.200 3.020
2014-07-15 1.200 3.123
2014-06-13 1.200 3.083
2014-05-09 1.200 3.130
2014-04-21 1.150 2.889
2014-02-14 1.150 2.988
2014-01-15 1.150 2.979
2013-12-13 1.150 2.948
2013-11-13 1.150 3.138
2013-10-15 1.150 3.320
2013-09-13 1.150 3.536
2013-08-15 1.150 3.436
2013-07-16 1.150 3.255
2013-06-19 1.150 3.357
2013-05-17 1.150 3.397
2013-04-15 1.150 3.479
2013-02-19 1.150 3.582
2013-01-16 1.150 3.826
2012-12-17 1.150 3.946
2012-11-19 1.150 3.953
2012-10-16 1.150 3.985
2012-09-17 1.150 4.056
2012-07-13 1.150 4.238
2012-06-15 1.150 4.722
2012-05-07 1.150 4.772
2012-04-18 1.100 4.746
2012-03-13 1.100 4.946
2012-02-15 1.100 5.010
2012-01-13 1.100 4.977
2011-12-15 1.100 4.946
2011-11-16 1.100 5.168
2011-10-14 1.100 5.683
2011-09-15 1.100 5.870
2011-08-16 1.100 5.400
2011-07-15 1.100 5.251
2011-06-15 1.100 5.177
2011-05-16 1.100 5.082
2011-04-18 1.100 5.115
2011-03-14 1.100 5.046
2011-02-15 1.100 5.394
2010-12-10 0.000 0.000
2010-10-18 1.100 6.158
2010-09-17 1.100 6.605
2010-08-18 1.100 6.680
2010-07-16 1.100 6.851
2010-06-18 1.100 7.079
2010-05-18 1.100 7.518
2010-04-16 1.100 7.123
2010-03-18 1.100 7.104
2010-02-18 1.100 7.309
2010-01-18 1.100 7.552
2009-12-18 1.100 7.909
2009-11-18 1.100 8.284
2009-10-19 1.100 8.566
2009-09-18 1.100 8.791
2009-08-18 1.100 8.706
2009-07-20 1.100 9.095
2009-06-18 1.100 9.156
2009-05-19 1.100 9.394
2009-04-20 1.100 9.652
2009-03-18 1.100 9.689
2009-02-18 1.100 10.674
2009-01-19 1.100 10.705
2008-12-18 1.100 11.083
2008-11-18 1.100 10.898
2008-10-20 1.100 11.074
2008-09-18 1.100 11.196
2008-08-18 1.100 9.537

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of K-Bro Linen's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess K-Bro Linen's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can K-Bro Linen afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. K-Bro Linen has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KBL Management

 What is the CEO of K-Bro Linen's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Linda McCurdy
COMPENSATION CA$1,917,005
AGE 51
TENURE AS CEO 19.5 years
CEO Bio

Ms. Linda Jane McCurdy, MBA has been the Chief Executive Officer and President at K-Bro Linen Inc., since January 2000. Ms. McCurdy joined K-Bro in May 1998 as Chief Financial Officer. She has been Chief Executive Officer and President at K-Bro Linen Systems Inc since 2000. She served as Chief Financial Officer of Canadian Inovotech Inc., a biochemical products processor. Her experience also includes six years at the Overwaitea Food Group where she held a number of financial positions. She has been a Director of K-Bro Linen Inc. since December 10, 2004. She is a Certified General Accountant and has a Masters in Business Administration from the University of Western Ontario.

CEO Compensation
  • Linda's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Linda's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the K-Bro Linen management team in years:

17
Average Tenure
  • The average tenure for the K-Bro Linen management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Linda McCurdy

TITLE
President
COMPENSATION
CA$2M
AGE
51
TENURE
19.5 yrs

Kristie Plaquin

TITLE
Chief Financial Officer
COMPENSATION
CA$561K
TENURE
4.9 yrs

Sean Curtis

TITLE
Senior VP & COO
COMPENSATION
CA$933K
TENURE
20.5 yrs

Kevin Stephenson

TITLE
General Manager of Toronto
COMPENSATION
CA$290K
TENURE
13.5 yrs

Michael Jones

TITLE
Managing Director of Fishers Services Limited
COMPENSATION
CA$420K

Timothy Bruns

TITLE
President of Unitrin Specialty

Ron Graham

TITLE
General Manager of Vancouver Plant
COMPENSATION
CA$278K
TENURE
17.5 yrs

Jeff Gannon

TITLE
General Manager of Calgary Plant
COMPENSATION
CA$266K
TENURE
16.5 yrs

Sean Jackson

TITLE
General Manager of Regina

Jessica Lévesque

TITLE
Director Général of Quebec
Board of Directors Tenure

Average tenure and age of the K-Bro Linen board of directors in years:

14.6
Average Tenure
66
Average Age
  • The average tenure for the K-Bro Linen board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ross Smith

TITLE
Chairman of the Board
COMPENSATION
CA$126K
AGE
80

Linda McCurdy

TITLE
President
COMPENSATION
CA$2M
AGE
51
TENURE
14.6 yrs

Steve Matyas

TITLE
Independent Director
COMPENSATION
CA$91K
AGE
66
TENURE
14.6 yrs

Matt Hills

TITLE
Director
COMPENSATION
CA$218K
AGE
59
TENURE
14.6 yrs

Mike Percy

TITLE
Independent Director
COMPENSATION
CA$86K
AGE
71
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
25. Mar 19 Sell Ryo Utahara Individual 19. Mar 19 19. Mar 19 -750 CA$37.02 CA$-27,765
21. Dec 18 Buy Steven Matyas Individual 20. Dec 18 21. Dec 18 3,000 CA$32.59 CA$97,632
20. Dec 18 Sell Jeffrey Gannon Individual 19. Dec 18 19. Dec 18 -1,219 CA$32.34 CA$-39,422
19. Nov 18 Sell Jerry Ostrzyzek Individual 16. Nov 18 16. Nov 18 -2,800 CA$35.37 CA$-99,036
21. Sep 18 Sell Ronald Graham Individual 21. Sep 18 21. Sep 18 -5,117 CA$37.54 CA$-192,092
20. Sep 18 Sell Ronald Graham Individual 19. Sep 18 19. Sep 18 -2,300 CA$37.84 CA$-87,032
19. Sep 18 Sell Ronald Graham Individual 18. Sep 18 18. Sep 18 -1,900 CA$37.73 CA$-71,687
06. Sep 18 Sell Sean Curtis Individual 05. Sep 18 05. Sep 18 -15,000 CA$39.10 CA$-586,500
06. Sep 18 Sell Linda McCurdy Individual 05. Sep 18 05. Sep 18 -30,000 CA$39.10 CA$-1,173,000
X
Management checks
We assess K-Bro Linen's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. K-Bro Linen has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KBL News

Simply Wall St News

K-Bro Linen (TSE:KBL) Has A Somewhat Strained Balance Sheet

TSX:KBL Historical Debt, July 8th 2019 A Look At K-Bro Linen's Liabilities The latest balance sheet data shows that K-Bro Linen had liabilities of CA$42.8m due within a year, and liabilities of CA$123.0m falling due after that. … Because it carries more debt than cash, we think it's worth watching K-Bro Linen's balance sheet over time. … Our View To be frank both K-Bro Linen's EBIT growth rate and its track record of converting EBIT to free cash flow make us rather uncomfortable with its debt levels.

Simply Wall St -

How Should Investors Feel About K-Bro Linen Inc.'s (TSE:KBL) CEO Pay?

See our latest analysis for K-Bro Linen How Does Linda McCurdy's Compensation Compare With Similar Sized Companies? … When we examined a selection of companies with market caps ranging from CA$264m to CA$1.1b, we found the median CEO total compensation was CA$1.4m. … As you can see, Linda McCurdy is paid more than the median CEO pay at companies of a similar size, in the same market.

Simply Wall St -

What Did K-Bro Linen Inc.'s (TSE:KBL) CEO Take Home Last Year?

See our latest analysis for K-Bro Linen How Does Linda McCurdy's Compensation Compare With Similar Sized Companies? … With a total shareholder return of 7.1% over three years, K-Bro Linen Inc. … If you want to buy a stock that is better than K-Bro Linen, this free list of high return, low debt companies is a great place to look.

Simply Wall St -

K-Bro Linen Inc. (TSE:KBL) Insiders Have Been Selling

So we'll take a look at whether insiders have been buying or selling shares in K-Bro Linen Inc. … See our latest analysis for K-Bro Linen The Last 12 Months Of Insider Transactions At K-Bro Linen In the last twelve months, the biggest single sale by an insider was when the President, Linda McCurdy, sold CA$1.2m worth of shares at a price of CA$39.10 per share. … Insiders at K-Bro Linen Have Sold Stock Recently The last three months saw some K-Bro Linen insider selling.

Simply Wall St -

Is K-Bro Linen Inc. (TSE:KBL) A Financially Sound Company?

Moreover, KBL has generated cash from operations of CA$23m during the same period of time, leading to an operating cash to total debt ratio of 19%, indicating that KBL’s operating cash is less than its debt. … At the current liabilities level of CA$43m, it appears that the company has maintained a safe level of current assets to meet its obligations, with the current ratio last standing at 1.58x. … Next Steps: Although KBL’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

Simply Wall St -

With A 3.1% Return On Equity, Is K-Bro Linen Inc. (TSE:KBL) A Quality Stock?

View our latest analysis for K-Bro Linen How Do I Calculate Return On Equity? … The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for K-Bro Linen: 3.1% = CA$6.0m ÷ CA$195m (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … K-Bro Linen's Debt And Its 3.1% ROE While K-Bro Linen does have some debt, with debt to equity of just 0.60, we wouldn't say debt is excessive.

Simply Wall St -

Do Institutions Own Shares In K-Bro Linen Inc. (TSE:KBL)?

K-Bro Linen is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … See our latest analysis for K-Bro Linen TSX:KBL Ownership Summary, May 10th 2019 What Does The Institutional Ownership Tell Us About K-Bro Linen?

Simply Wall St -

Should You Consider K-Bro Linen Inc. (TSE:KBL)?

Help shape the future of investing tools and you could win a $250 gift card! … Upon building up an investment case for a stock, we should look at various aspects. … that has been able to sustain great financial health over the past.

Simply Wall St -

Is K-Bro Linen Inc. (TSE:KBL) A Good Dividend Stock?

(TSE:KBL) be an attractive dividend share to own for the long haul? … Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. … In this case, K-Bro Linen likely looks attractive to investors, given its 3.1% dividend yield and a payment history of over ten years.

Simply Wall St -

Where K-Bro Linen Inc. (TSE:KBL) Stands In Terms Of Earnings Growth Against Its Industry

Measuring K-Bro Linen Inc.'s (TSE:KBL) track record of past performance is a valuable exercise for investors. … Today I will assess KBL's recent performance announced on 31 December 2018 and compare these figures to its historical trend and industry movements. … KBL's trailing twelve-month earnings (from 31 December 2018) of CA$6.2m has.

Simply Wall St -

KBL Company Info

Description

K-Bro Linen Inc., together with its subsidiaries, engages in the processing, management, and distribution of general linen and operating room linen to healthcare institutions, hotels, and other commercial accounts in Canada. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, delivery of carts, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada.

Details
Name: K-Bro Linen Inc.
KBL
Exchange: TSX
Founded: 1954
CA$421,002,604
10,504,057
Website: http://www.k-brolinen.com
Address: K-Bro Linen Inc.
14903-137 Avenue NW,
Edmonton,
Alberta, T5V 1R9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX KBL Common Shares The Toronto Stock Exchange CA CAD 03. Feb 2005
OTCPK KBRL.F Common Shares Pink Sheets LLC US USD 03. Feb 2005
Number of employees
Current staff
Staff numbers
2,870
K-Bro Linen employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 01:10
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/06/18
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.