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.
Proven track record with adequate balance sheet.
Share Price & News
How has K-Bro Linen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KBL's share price has been volatile over the past 3 months.
7 Day Return
CA Commercial Services
1 Year Return
CA Commercial Services
Return vs Industry: KBL underperformed the Canadian Commercial Services industry which returned -16.4% over the past year.
Return vs Market: KBL matched the Canadian Market which returned -24.6% over the past year.
Price Volatility Vs. Market
How volatile is K-Bro Linen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Does K-Bro Linen's (TSE:KBL) P/E Compare To Its Industry, After The Share Price Drop?
1 week ago | Simply Wall StWhat Does The Future Hold For K-Bro Linen Inc. (TSE:KBL)? These Analysts Have Been Cutting Their Estimates
2 weeks ago | Simply Wall StSome K-Bro Linen (TSE:KBL) Shareholders Are Down 22%
Is K-Bro Linen undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KBL (CA$28.01) is trading above our estimate of fair value (CA$24.04)
Significantly Below Fair Value: KBL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KBL is poor value based on its PE Ratio (27x) compared to the Commercial Services industry average (16.9x).
PE vs Market: KBL is poor value based on its PE Ratio (27x) compared to the Canadian market (10.4x).
Price to Earnings Growth Ratio
PEG Ratio: KBL is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: KBL is overvalued based on its PB Ratio (1.5x) compared to the CA Commercial Services industry average (0.9x).
How is K-Bro Linen forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KBL's forecast earnings growth (31.7% per year) is above the savings rate (1.4%).
Earnings vs Market: KBL's earnings (31.7% per year) are forecast to grow faster than the Canadian market (7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KBL's revenue (1.3% per year) is forecast to grow slower than the Canadian market (3.5% per year).
High Growth Revenue: KBL's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KBL's Return on Equity is forecast to be low in 3 years time (8%).
How has K-Bro Linen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KBL has high quality earnings.
Growing Profit Margin: KBL's current net profit margins (4.3%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: KBL's earnings have declined by -15% per year over the past 5 years.
Accelerating Growth: KBL's earnings growth over the past year (76.8%) exceeds its 5-year average (-15% per year).
Earnings vs Industry: KBL earnings growth over the past year (76.8%) exceeded the Commercial Services industry -19.4%.
Return on Equity
High ROE: KBL's Return on Equity (5.6%) is considered low.
How is K-Bro Linen's financial position?
Financial Position Analysis
Short Term Liabilities: KBL's short term assets (CA$70.6M) exceed its short term liabilities (CA$39.6M).
Long Term Liabilities: KBL's short term assets (CA$70.6M) do not cover its long term liabilities (CA$116.5M).
Debt to Equity History and Analysis
Debt Level: KBL's debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KBL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KBL's debt is well covered by operating cash flow (70.3%).
Interest Coverage: KBL's interest payments on its debt are well covered by EBIT (3.6x coverage).
Inventory Level: KBL has a high level of physical assets or inventory.
Debt Coverage by Assets: KBL's debt is covered by short term assets (assets are 1.1x debt).
What is K-Bro Linen's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KBL's dividend (4.28%) is higher than the bottom 25% of dividend payers in the Canadian market (2.7%).
High Dividend: KBL's dividend (4.28%) is low compared to the top 25% of dividend payers in the Canadian market (8.68%).
Stability and Growth of Payments
Stable Dividend: KBL's dividend payments have been volatile in the past 10 years.
Growing Dividend: KBL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (115.6%), KBL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KBL's dividends in 3 years are forecast to be covered by earnings (78.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Linda McCurdy (51yo)
Ms. Linda Jane McCurdy, MBA has been the Chief Executive Officer and President at K-Bro Linen Inc., since January 2000. Ms. McCurdy joined K-Bro in May 1998 as Chief Financial Officer. She has been Chief E ...
CEO Compensation Analysis
Compensation vs Market: Linda's total compensation ($USD1.35M) is above average for companies of similar size in the Canadian market ($USD767.24K).
Compensation vs Earnings: Linda's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||5.67yrs||CA$560.57k||0.12% CA$354.1k|
|Senior VP & COO||21.25yrs||CA$932.66k||0.89% CA$2.6m|
|General Manager of Toronto||14.25yrs||CA$290.01k||no data|
|Managing Director of Fishers Services Limited||no data||CA$420.34k||0.0037% CA$11.0k|
|President of Unitrin Specialty||no data||no data||no data|
|General Manager of Vancouver Plant||18.25yrs||CA$278.27k||no data|
|General Manager of Calgary Plant||17.25yrs||CA$266.07k||0.068% CA$201.3k|
|General Manager of Regina||no data||no data||no data|
|Director Général of Quebec||no data||no data||no data|
Experienced Management: KBL's management team is seasoned and experienced (17.8 years average tenure).
|Independent Director||4.83yrs||CA$86.05k||0.081% CA$238.8k|
|Independent Director||15.33yrs||CA$91.05k||0.35% CA$1.0m|
|Independent Chairman of the Board||no data||CA$126.05k||0.090% CA$265.8k|
Experienced Board: KBL's board of directors are seasoned and experienced ( 15.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
K-Bro Linen Inc.'s company bio, employee growth, exchange listings and data sources
- Name: K-Bro Linen Inc.
- Ticker: KBL
- Exchange: TSX
- Founded: 1954
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: CA$295.210m
- Shares outstanding: 10.54m
- Website: https://www.k-brolinen.com
Number of Employees
- K-Bro Linen Inc.
- 14903-137 Avenue NW
- T5V 1R9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KBL||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Feb 2005|
|KBRL.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2005|
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, tablecloths, surgical gowns, 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; and linen rental, workwear hire, and cleanroom garment services. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 05:22|
|End of Day Share Price||2020/04/02 00:00|
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.