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George WestonTSX:WN Stock Report

Last Price


Market Cap







18 Jan, 2022


Company Financials +
WN fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance2/6
Financial Health3/6

WN Stock Overview

George Weston Limited provides food and drug retailing, and financial services in Canada and internationally.

George Weston Competitors




Anheuser-Busch InBev






Maple Leaf Foods



Price History & Performance

Summary of all time highs, changes and price drops for George Weston
Historical stock prices
Current Share PriceCA$137.95
52 Week HighCA$150.63
52 Week LowCA$91.95
1 Month Change-6.68%
3 Month Change1.08%
1 Year Change44.57%
3 Year Change46.37%
5 Year Change22.46%
Change since IPO856.88%

Recent News & Updates

Shareholder Returns

WNCA Consumer RetailingCA Market

Return vs Industry: WN exceeded the Canadian Consumer Retailing industry which returned 33.2% over the past year.

Return vs Market: WN exceeded the Canadian Market which returned 19.9% over the past year.

Price Volatility

Is WN's price volatile compared to industry and market?
WN volatility
WN Average Weekly Movement2.6%
Consumer Retailing Industry Average Movement4.9%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market3.7%

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

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

About the Company

1882226,299Galen Weston

George Weston Limited provides food and drug retailing, and financial services in Canada and internationally. The company operates through three segments: Loblaw Companies Limited (Loblaw), Choice Properties Real Estate Investment Trust (Choice Properties), and Weston Foods. The Loblaw segment provides grocery, pharmacy, health and beauty, apparel, general merchandise, and financial services.

George Weston Fundamentals Summary

How do George Weston's earnings and revenue compare to its market cap?
WN fundamental statistics
Market CapCA$20.30b
Earnings (TTM)CA$561.00m
Revenue (TTM)CA$55.71b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WN income statement (TTM)
Cost of RevenueCA$37.87b
Gross ProfitCA$17.84b

Last Reported Earnings

Oct 09, 2021

Next Earnings Date


Earnings per share (EPS)3.81
Gross Margin32.03%
Net Profit Margin1.01%
Debt/Equity Ratio114.9%

How did WN perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is George Weston undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: WN (CA$137.95) is trading below our estimate of fair value (CA$416.9)

Significantly Below Fair Value: WN is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: WN is poor value based on its PE Ratio (36.2x) compared to the Canadian Consumer Retailing industry average (18.1x).

PE vs Market: WN is poor value based on its PE Ratio (36.2x) compared to the Canadian market (13.1x).

Price to Earnings Growth Ratio

PEG Ratio: WN is good value based on its PEG Ratio (0.9x)

Price to Book Ratio

PB vs Industry: WN is overvalued based on its PB Ratio (3.3x) compared to the CA Consumer Retailing industry average (2.1x).

Future Growth

How is George Weston 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: WN's forecast earnings growth (39.6% per year) is above the savings rate (1.6%).

Earnings vs Market: WN's earnings (39.6% per year) are forecast to grow faster than the Canadian market (11% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WN's revenue (1.9% per year) is forecast to grow slower than the Canadian market (5.5% per year).

High Growth Revenue: WN's revenue (1.9% 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 WN's Return on Equity is forecast to be high in 3 years time

Past Performance

How has George Weston performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WN has high quality earnings.

Growing Profit Margin: WN's current net profit margins (1%) are lower than last year (2.1%).

Past Earnings Growth Analysis

Earnings Trend: WN's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: WN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WN had negative earnings growth (-47.6%) over the past year, making it difficult to compare to the Consumer Retailing industry average (6.4%).

Return on Equity

High ROE: WN's Return on Equity (11.5%) is considered low.

Financial Health

How is George Weston's financial position?

Financial Position Analysis

Short Term Liabilities: WN's short term assets (CA$14.4B) exceed its short term liabilities (CA$10.5B).

Long Term Liabilities: WN's short term assets (CA$14.4B) do not cover its long term liabilities (CA$23.6B).

Debt to Equity History and Analysis

Debt Level: WN's net debt to equity ratio (94.4%) is considered high.

Reducing Debt: WN's debt to equity ratio has increased from 85.6% to 114.9% over the past 5 years.

Debt Coverage: WN's debt is well covered by operating cash flow (37.3%).

Interest Coverage: WN's interest payments on its debt are well covered by EBIT (3.6x coverage).

Balance Sheet


What is George Weston current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: WN's dividend (1.74%) is higher than the bottom 25% of dividend payers in the Canadian market (1.58%).

High Dividend: WN's dividend (1.74%) is low compared to the top 25% of dividend payers in the Canadian market (4.52%).

Stability and Growth of Payments

Stable Dividend: WN's dividends per share have been stable in the past 10 years.

Growing Dividend: WN's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.7%), WN's dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: WN's dividends in 3 years are forecast to be well covered by earnings (31.4% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Galen Weston (48 yo)





Mr. Galen G. Weston, B.A., M.B.A., has been Chief Executive Officer of George Weston Limited since January 18, 2017 and has been the Chairman since September 2016. He served as a Non-Independent Director o...

CEO Compensation Analysis

Compensation vs Market: Galen's total compensation ($USD7.18M) is about average for companies of similar size in the Canadian market ($USD5.92M).

Compensation vs Earnings: Galen's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: WN's management team is seasoned and experienced (5 years average tenure).

Board Members

Experienced Board: WN's board of directors are considered experienced (5.8 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: WN insiders have only sold shares in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

George Weston Limited's employee growth, exchange listings and data sources

Key Information

  • Name: George Weston Limited
  • Ticker: WN
  • Exchange: TSX
  • Founded: 1882
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Implied Market Cap: CA$20.303b
  • Shares outstanding: 147.18m
  • Website:

Number of Employees


  • George Weston Limited
  • 22 St. Clair Avenue East
  • Suite 800
  • Toronto
  • Ontario
  • M4T 2S5
  • Canada


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 23:56
End of Day Share Price2022/01/18 00:00
Annual Earnings2020/12/31

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.