How does EMP.A's PE Ratio compare to its peers?

EMP.A is good value based on its Price-To-Earnings Ratio (14.5x) compared to the peer average (27.7x).

How does EMP.A's PE Ratio compare vs other companies in the North American Consumer Retailing Industry?

EMP.A is good value based on its Price-To-Earnings Ratio (14.5x) compared to the North American Consumer Retailing industry average (20.6x).

What is EMP.A's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate EMP.A's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of EMP.A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

EMP.A (CA$41.03) is trading below our estimate of [[fair value]] (CA$55.03)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Empire (TSX:EMP.A) - Stock Price, News & Analysis

EMP.A Stock Overview

Engages in the food retail and related real estate businesses in Canada. More details

EMP.A fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	5/6

Rewards

Trading at 25.4% below our estimate of its fair value

Pays a reliable dividend of 1.95%

Risk Analysis

Significant insider selling over the past 3 months

Empire Company Limited Competitors

Metro

TSX:MRU

CA$19.2b

George Weston

TSX:WN

CA$28.2b

North West

TSX:NWC

CA$2.5b

Loblaw Companies

TSX:L

CA$53.1b

Price History & Performance

Summary of all time highs, changes and price drops for Empire
Historical stock prices
Current Share Price	CA$41.03
52 Week High	CA$42.00
52 Week Low	CA$31.45
Beta	0.48
11 Month Change	1.13%
3 Month Change	9.15%
1 Year Change	5.45%
33 Year Change	9.79%
5 Year Change	16.04%
Change since IPO	18,656.57%

Is Empire (TSE:EMP.A) Using Too Much Debt?

Nov 01

Recent updates

Empire Company Limited's (TSE:EMP.A) Share Price Is Matching Sentiment Around Its Earnings

May 07

Empire (TSE:EMP.A) Strong Profits May Be Masking Some Underlying Issues

Mar 22

Is Empire (TSE:EMP.A) A Risky Investment?

Feb 12

Estimating The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Jan 30

Empire Company Limited's (TSE:EMP.A) Business Is Yet to Catch Up With Its Share Price

Jan 16

Returns Are Gaining Momentum At Empire (TSE:EMP.A)

Dec 04

Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

Oct 04

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Aug 24

Empire's (TSE:EMP.A) Dividend Will Be Increased To CA$0.1825

Jun 27

Empire (TSE:EMP.A) Has A Somewhat Strained Balance Sheet

Jun 22

The Returns At Empire (TSE:EMP.A) Aren't Growing

May 05

Here's Why Empire (TSE:EMP.A) Can Manage Its Debt Responsibly

Mar 08

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Feb 06

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Dec 28

A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Nov 25

Empire (TSE:EMP.A) Seems To Use Debt Quite Sensibly

Oct 29

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Sep 20

Empire Company Limited's (TSE:EMP.A) Intrinsic Value Is Potentially 23% Below Its Share Price

Aug 25

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Aug 01

Does Empire (TSE:EMP.A) Have A Healthy Balance Sheet?

Jul 20

Empire (TSE:EMP.A) Is Increasing Its Dividend To CA$0.17

Jun 26

Empire (TSE:EMP.A) Might Have The Makings Of A Multi-Bagger

Jun 10

Is Empire Company Limited (TSE:EMP.A) Expensive For A Reason? A Look At Its Intrinsic Value

May 15

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Apr 12

Is Empire (TSE:EMP.A) Using Too Much Debt?

Mar 14

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Feb 15

A Look At The Fair Value Of Empire Company Limited (TSE:EMP.A)

Jan 20

Is Now The Time To Put Empire (TSE:EMP.A) On Your Watchlist?

Jan 08

Is Empire (TSE:EMP.A) Using Too Much Debt?

Dec 14

Shareholder Returns

	EMP.A	CA Consumer Retailing	CA Market
7D	-0.9%	-3.4%	0.4%
1Y	5.4%	18.7%	21.4%

Return vs Industry: EMP.A underperformed the Canadian Consumer Retailing industry which returned 18.7% over the past year.

Return vs Market: EMP.A underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is EMP.A's price volatile compared to industry and market?
EMP.A volatility
EMP.A Average Weekly Movement	2.7%
Consumer Retailing Industry Average Movement	3.2%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: EMP.A has not had significant price volatility in the past 3 months compared to the Canadian market.

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

About the Company

Founded	Employees	CEO	Website
1907	128,000	Mike Medline	www.empireco.ca

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises retail stores under Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo’s, and Lawtons Drugs brands; and operates grocery e-commerce stores under the Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com brand names.

Empire Company Limited Fundamentals Summary

How do Empire's earnings and revenue compare to its market cap?
EMP.A fundamental statistics
Market cap	CA$9.61b
Earnings (TTM)	CA$672.00m
Revenue (TTM)	CA$30.87b

14.5x

P/E Ratio

0.3x

P/S Ratio

Is EMP.A overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EMP.A income statement (TTM)
Revenue	CA$30.87b
Cost of Revenue	CA$22.67b
Gross Profit	CA$8.20b
Other Expenses	CA$7.52b
Earnings	CA$672.00m

Last Reported Earnings

Aug 03, 2024

Next Earnings Date

Dec 12, 2024

Earnings per share (EPS)	2.84
Gross Margin	26.55%
Net Profit Margin	2.18%
Debt/Equity Ratio	20.4%

How did EMP.A perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

27%

Payout Ratio

EMP.A Stock Overview

Rewards

Risk Analysis

Empire Company Limited Competitors

TSX:MRU

CA$19.2b

TSX:WN

CA$28.2b

TSX:NWC

CA$2.5b

TSX:L

CA$53.1b

Price History & Performance

Recent News & Updates

Empire Company Limited to Report Q1, 2026 Results on Sep 11, 2025

Is Empire (TSE:EMP.A) Using Too Much Debt?

Upcoming dividend of CA$0.20 per share

President recently sold CA$1.4m worth of stock

First quarter dividend of CA$0.20 announced

Price target increased by 9.1% to CA$42.71

Recent updates

Empire Company Limited to Report Q1, 2026 Results on Sep 11, 2025

Is Empire (TSE:EMP.A) Using Too Much Debt?

Upcoming dividend of CA$0.20 per share

President recently sold CA$1.4m worth of stock

First quarter dividend of CA$0.20 announced

Price target increased by 9.1% to CA$42.71

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Empire Company Limited Declares Quarterly Dividend on Class A and Class B Common Shares, Payable on October 31, 2024

A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Little Excitement Around Empire Company Limited's (TSE:EMP.A) Earnings

Returns At Empire (TSE:EMP.A) Appear To Be Weighed Down

Upcoming dividend of CA$0.20 per share

Independent Chairman recently sold CA$534k worth of stock

Fourth quarter dividend of CA$0.20 announced

Full year 2024 earnings: EPS exceeds analyst expectations

Empire Company Limited Declares Quarterly Dividend on Non-Voting Class A Shares and the Class B Common Shares, Payable on July 31, 2024

Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

Estimating The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Empire Company Limited's (TSE:EMP.A) Share Price Is Matching Sentiment Around Its Earnings

Empire Company Limited to Report Q4, 2025 Results on Jun 19, 2025

Empire Company Limited to Report Q2, 2025 Results on Dec 12, 2024

Upcoming dividend of CA$0.18 per share

Empire (TSE:EMP.A) Strong Profits May Be Masking Some Underlying Issues

Third quarter dividend of CA$0.18 announced

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Empire Company Limited Declares Quarterly Dividend on Both the Class A Shares and the Class B Common Shares, Payable on April 30, 2024

Empire Company Limited, Annual General Meeting, Mar 14, 2024

Is Empire (TSE:EMP.A) A Risky Investment?

Estimating The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Empire Company Limited Appoints Clinton Keay as Senior Vice President, Corporate Finance

Empire Company Limited's (TSE:EMP.A) Business Is Yet to Catch Up With Its Share Price

Upcoming dividend of CA$0.18 per share at 2.1% yield

Price target decreased by 7.0% to CA$40.50

Empire Company Limited Declares Quarterly Dividend on Both the Non-Voting Class A Shares and the Class B Common Shares, Payable on January 15, 2024

Second quarter 2024 earnings: EPS misses analyst expectations

Returns Are Gaining Momentum At Empire (TSE:EMP.A)

Chief Operating Officer recently sold CA$718k worth of stock

Upcoming dividend of CA$0.18 per share at 1.9% yield

Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

First quarter 2024 earnings: EPS exceeds analyst expectations

Empire Company Limited Declares Quarterly Dividend on Both the Non-Voting Class A Shares and the Class B Common Shares, Payable on October 31, 2023

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Empire Company Limited to Report Q2, 2024 Results on Dec 14, 2023

Upcoming dividend of CA$0.18 per share at 2.0% yield

Empire's (TSE:EMP.A) Dividend Will Be Increased To CA$0.1825

Empire Company Limited Declares Quarterly Dividend on Both the Non-Voting Class A Shares and the Class B Common Shares, Payable on July 31, 2023

Full year 2023 earnings: Revenues in line with analyst expectations

Empire (TSE:EMP.A) Has A Somewhat Strained Balance Sheet

The Returns At Empire (TSE:EMP.A) Aren't Growing

Upcoming dividend of CA$0.17 per share at 1.8% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Here's Why Empire (TSE:EMP.A) Can Manage Its Debt Responsibly

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Empire Company Limited to Report Q1, 2024 Results on Sep 14, 2023

Upcoming dividend of CA$0.17 per share

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Empire Company Limited Declares Quarterly Dividend, Payable on January 31, 2023

Canadian Mobility Services Limited entered into definitive agreement to acquire 56 retail fuel sites in Western Canada from Empire Company Limited (TSX:EMP.A) for approximately CAD 100 million.

Second quarter 2023 earnings released