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Olympia Financial Group TSX:OLY Stock Report

Last Price


Market Cap







26 Jun, 2022


Company Financials
OLY fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance3/6
Financial Health5/6

OLY Stock Overview

Olympia Financial Group Inc., through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada.

Olympia Financial Group Competitors













Price History & Performance

Summary of all time highs, changes and price drops for Olympia Financial Group
Historical stock prices
Current Share PriceCA$61.78
52 Week HighCA$63.75
52 Week LowCA$44.05
1 Month Change7.43%
3 Month Change23.56%
1 Year Change27.38%
3 Year Change19.82%
5 Year Change97.07%
Change since IPO208.90%

Recent News & Updates

May 12
Olympia Financial Group's (TSE:OLY) Dividend Will Be Increased To CA$0.27

Olympia Financial Group's (TSE:OLY) Dividend Will Be Increased To CA$0.27

Olympia Financial Group Inc.'s ( TSE:OLY ) dividend will be increasing to CA$0.27 on 31st of May. This makes the...

Shareholder Returns

OLYCA Capital MarketsCA Market

Return vs Industry: OLY exceeded the Canadian Capital Markets industry which returned -15.1% over the past year.

Return vs Market: OLY exceeded the Canadian Market which returned -4.1% over the past year.

Price Volatility

Is OLY's price volatile compared to industry and market?
OLY volatility
OLY Average Weekly Movement3.6%
Capital Markets Industry Average Movement6.9%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: OLY is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: OLY's weekly volatility (4%) has been stable over the past year.

About the Company

1994220Rick Skauge

Olympia Financial Group Inc., through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada. The company operates through Investment Account Services, Currency and Global Payments, Private Health Services Plan, Exempt Edge, Corporate and Shareholder Services, and divisions. The Investment Account Services division acts as trustee and administrator for self-directed, non-registered, and registered investment plans, as well as tax free savings accounts.

Olympia Financial Group Fundamentals Summary

How do Olympia Financial Group's earnings and revenue compare to its market cap?
OLY fundamental statistics
Market CapCA$148.66m
Earnings (TTM)CA$7.31m
Revenue (TTM)CA$50.88m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OLY income statement (TTM)
Cost of RevenueCA$3.97m
Gross ProfitCA$46.91m
Other ExpensesCA$39.60m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)3.04
Gross Margin92.20%
Net Profit Margin14.37%
Debt/Equity Ratio34.5%

How did OLY perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is OLY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OLY?

Other financial metrics that can be useful for relative valuation.

OLY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.6x
Enterprise Value/EBITDA13.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does OLY's PE Ratio compare to its peers?

OLY PE Ratio vs Peers
The above table shows the PE ratio for OLY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.8x

Price-To-Earnings vs Peers: OLY is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the peer average (11.8x).

Price to Earnings Ratio vs Industry

How does OLY's PE Ratio compare vs other companies in the Canadian Capital Markets Industry?

Price-To-Earnings vs Industry: OLY is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the Canadian Capital Markets industry average (8.9x)

Price to Earnings Ratio vs Fair Ratio

What is OLY'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.

OLY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate OLY's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

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

Below Fair Value: OLY (CA$61.78) is trading below our estimate of fair value (CA$83.36)

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

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OLY's PEG Ratio to determine if it is good value.

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Future Growth

How is Olympia Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Olympia Financial Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

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  • Examine Olympia Financial Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Olympia Financial Group competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Olympia Financial Group performed over the past 5 years?

Past Performance Score


Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OLY has high quality earnings.

Growing Profit Margin: OLY's current net profit margins (14.4%) are lower than last year (14.8%).

Past Earnings Growth Analysis

Earnings Trend: OLY's earnings have declined by 0.3% per year over the past 5 years.

Accelerating Growth: OLY's earnings growth over the past year (0.2%) exceeds its 5-year average (-0.3% per year).

Earnings vs Industry: OLY earnings growth over the past year (0.2%) underperformed the Capital Markets industry 0.2%.

Return on Equity

High ROE: OLY's Return on Equity (37.7%) is considered high.

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Financial Health

How is Olympia Financial Group's financial position?

Financial Health Score


Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: OLY's short term assets (CA$37.7M) exceed its short term liabilities (CA$28.6M).

Long Term Liabilities: OLY's short term assets (CA$37.7M) exceed its long term liabilities (CA$1.1M).

Debt to Equity History and Analysis

Debt Level: OLY has more cash than its total debt.

Reducing Debt: OLY's debt to equity ratio has reduced from 39.9% to 34.5% over the past 5 years.

Debt Coverage: OLY's debt is well covered by operating cash flow (230.5%).

Interest Coverage: Insufficient data to determine if OLY's interest payments on its debt are well covered by EBIT.

Balance Sheet

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What is Olympia Financial Group current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: OLY's dividend (5.24%) is higher than the bottom 25% of dividend payers in the Canadian market (2.03%).

High Dividend: OLY's dividend (5.24%) is low compared to the top 25% of dividend payers in the Canadian market (5.33%).

Stability and Growth of Payments

Stable Dividend: OLY's dividend payments have been volatile in the past 10 years.

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

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (90.9%), OLY's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52%), OLY's dividend payments are covered by cash flows.

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


Average management tenure


Rick Skauge (71 yo)





Mr. Richard K. Skauge, also known as Rick, serves as the Chief Executive Officer at Eyelogic Systems, Inc. Mr. Skauge served as the Chief Executive Officer, Founder, and Director of CBi2 Capital Corp. He w...

Leadership Team

Experienced Management: OLY's management team is seasoned and experienced (11.5 years average tenure).

Board Members

Experienced Board: OLY's board of directors are seasoned and experienced ( 13.4 years average tenure).


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

Insider Trading Volume

Insider Buying: OLY insiders have bought more shares than they have sold 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

Olympia Financial Group Inc.'s employee growth, exchange listings and data sources

Key Information

  • Name: Olympia Financial Group Inc.
  • Ticker: OLY
  • Exchange: TSX
  • Founded: 1994
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: CA$148.663m
  • Shares outstanding: 2.41m
  • Website:

Number of Employees


  • Olympia Financial Group Inc.
  • 520 – 3 Avenue SW
  • Suite 4000
  • Calgary
  • Alberta
  • T2P 0R3
  • Canada


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Annual Earnings2021/12/31

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.