EMP.A Stock Overview
Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada.
EMP.A passed our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$39.89|
|52 Week High||CA$46.04|
|52 Week Low||CA$36.20|
|1 Month Change||-2.16%|
|3 Month Change||-7.51%|
|1 Year Change||3.21%|
|3 Year Change||20.95%|
|5 Year Change||80.34%|
|Change since IPO||1,431.78%|
Recent News & Updates
Empire (TSE:EMP.A) Might Have The Makings Of A Multi-Bagger
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Is Empire Company Limited (TSE:EMP.A) Expensive For A Reason? A Look At Its Intrinsic Value
Does the May share price for Empire Company Limited ( TSE:EMP.A ) reflect what it's really worth? Today, we will...
|EMP.A||CA Consumer Retailing||CA Market|
Return vs Industry: EMP.A underperformed the Canadian Consumer Retailing industry which returned 27% over the past year.
Return vs Market: EMP.A exceeded the Canadian Market which returned -4.1% over the past year.
|EMP.A Average Weekly Movement||4.0%|
|Consumer Retailing Industry Average Movement||3.9%|
|Market Average Movement||10.0%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||4.4%|
Stable Share Price: EMP.A is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EMP.A's weekly volatility (4%) has been stable over the past year.
About the Company
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 approximately 1,500 retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo’s, and Lawtons Drugs; and approximately 350 retail fuel locations, as well as operates grocery e-commerce stores under the banners, such as Voilà by Sobeys, Grocery Gateway, IGA.net, and ThriftyFoods.com.
Empire Fundamentals Summary
|EMP.A fundamental statistics|
Is EMP.A overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EMP.A income statement (TTM)|
|Cost of Revenue||CA$22.50b|
Last Reported Earnings
May 07, 2022
Next Earnings Date
Jul 29, 2022
|Earnings per share (EPS)||2.85|
|Net Profit Margin||2.46%|
How did EMP.A perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Does EMP.A pay a reliable dividends?See EMP.A dividend history and benchmarks
|Empire dividend dates|
|Ex Dividend Date||Jul 14 2022|
|Dividend Pay Date||Jul 29 2022|
|Days until Ex dividend||18 days|
|Days until Dividend pay date||33 days|
Does EMP.A pay a reliable dividends?See EMP.A dividend history and benchmarks
Is EMP.A undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for EMP.A?
Other financial metrics that can be useful for relative valuation.
|What is EMP.A's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does EMP.A's PE Ratio compare to its peers?
|EMP.A PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: EMP.A is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (17.2x).
Price to Earnings Ratio vs Industry
How does EMP.A's PE Ratio compare vs other companies in the Consumer Retailing Industry?
Price-To-Earnings vs Industry: EMP.A is expensive based on its Price-To-Earnings Ratio (14x) compared to the Canadian Consumer Retailing industry average (14x)
Price to Earnings Ratio vs Fair Ratio
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.
|Current PE Ratio||14x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate EMP.A's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
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.
Below Fair Value: EMP.A (CA$39.89) is trading above our estimate of fair value (CA$31.29)
Significantly Below Fair Value: EMP.A is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EMP.A's PEG Ratio to determine if it is good value.
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How is Empire forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if EMP.A's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if EMP.A's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if EMP.A's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EMP.A's revenue (1.8% per year) is forecast to grow slower than the Canadian market (7.3% per year).
High Growth Revenue: EMP.A's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EMP.A's Return on Equity is forecast to be high in 3 years time
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How has Empire performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EMP.A has high quality earnings.
Growing Profit Margin: EMP.A's current net profit margins (2.5%) are lower than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: EMP.A's earnings have grown significantly by 33% per year over the past 5 years.
Accelerating Growth: EMP.A's earnings growth over the past year (6.3%) is below its 5-year average (33% per year).
Earnings vs Industry: EMP.A earnings growth over the past year (6.3%) underperformed the Consumer Retailing industry 6.3%.
Return on Equity
High ROE: EMP.A's Return on Equity (15.8%) is considered low.
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How is Empire's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: EMP.A's short term assets (CA$3.2B) do not cover its short term liabilities (CA$4.2B).
Long Term Liabilities: EMP.A's short term assets (CA$3.2B) do not cover its long term liabilities (CA$7.2B).
Debt to Equity History and Analysis
Debt Level: EMP.A's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: EMP.A's debt to equity ratio has reduced from 50.5% to 22.9% over the past 5 years.
Debt Coverage: EMP.A's debt is well covered by operating cash flow (179.1%).
Interest Coverage: EMP.A's interest payments on its debt are well covered by EBIT (4.7x coverage).
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What is Empire current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: EMP.A's dividend (1.65%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.03%).
High Dividend: EMP.A's dividend (1.65%) is low compared to the top 25% of dividend payers in the Canadian market (5.33%).
Stability and Growth of Payments
Stable Dividend: EMP.A's dividends per share have been stable in the past 10 years.
Growing Dividend: EMP.A's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.3%), EMP.A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13%), EMP.A's dividend payments are thoroughly covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Medline (58 yo)
Mr. Michael Bennett Medline, also known as Mike, has been the Chief Executive Officer and President of Empire Company Limited since January 12, 2017. Mr. Medline has been Chief Executive Officer and Presid...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD5.80M) is about average for companies of similar size in the Canadian market ($USD4.78M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Experienced Management: EMP.A's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: EMP.A's board of directors are seasoned and experienced ( 10.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EMP.A insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Empire Company Limited's employee growth, exchange listings and data sources
- Name: Empire Company Limited
- Ticker: EMP.A
- Exchange: TSX
- Founded: 1907
- Industry: Food Retail
- Sector: Consumer Retailing
- Implied Market Cap: CA$10.446b
- Shares outstanding: 261.86m
- Website: https://www.empireco.ca
Number of Employees
- Empire Company Limited
- 115 King Street
- Nova Scotia
- B0K 1S0
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 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.