Transcontinental Management
Management criteria checks 3/4
Transcontinental's CEO is Sam Bendavid, appointed in Apr 2026, has a tenure of less than a year. total yearly compensation is CA$1.10M, comprised of 35.6% salary and 64.4% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth CA$32.06K. The average tenure of the management team and the board of directors is 1.5 years and 10.8 years respectively.
Key information
Sam Bendavid
Chief executive officer
CA$1.1m
Total compensation
| CEO salary percentage | 35.61% |
| CEO tenure | less than a year |
| CEO ownership | 0.007% |
| Management average tenure | 1.5yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
Narrative Update • Apr 21
TCL.A: Special Dividend And New CEO Will Support Future Returns
Analysts have trimmed their average 12 month price target on Transcontinental by CA$0.14 to CA$7.71, citing updated fair value estimates, a slightly higher discount rate, and a modestly lower future P/E assumption. Analyst Commentary Recent Street research has focused on resetting price targets for Transcontinental, with several firms cutting their 12 month views while keeping the discussion anchored on valuation assumptions and execution risks.Narrative Update • Apr 06
TCL.A: Special Dividend Will Support Higher Future Returns Despite Lower P E Expectations
Analysts have cut their 12 month price target for Transcontinental from about CA$27.50 to roughly CA$7.85. They point to higher required returns, a lower assumed future P/E multiple and only modest improvements in profitability as key drivers of the reset.Narrative Update • Mar 23
TCL.A: Special Dividend And Leadership Transition Will Support Future Capital Returns
Analysts now set their price target for Transcontinental at about CA$27.50, a small adjustment from roughly CA$27.67. This reflects updated views on revenue pressure, margin expectations and future P/E assumptions.Narrative Update • Mar 08
TCL.A: Printing Contract Renewal And Sector Sale Will Support Future Capital Returns
Analysts have trimmed their CA$ price target on Transcontinental, pointing to slightly softer revenue growth and profit margin assumptions, along with a marginally higher forward P/E outlook to justify the updated valuation. What's in the News Transcontinental has called a special shareholders meeting on February 2, 2026, to vote on a special resolution approving the sale of all issued and outstanding equity securities of entities that operate the Packaging Sector to ProAmpac Holdings Inc., under a stock purchase agreement dated December 7, 2025 (management proxy circular Schedule A).Narrative Update • Feb 22
TCL.A: Long-Term Printing Contracts Will Support Future Capital Returns
Analysts have nudged their average price target for Transcontinental slightly higher to CA$27.67. This reflects updated assumptions around discount rates, revenue trends, profit margins and forward P/E that remain broadly in line with prior estimates.Narrative Update • Feb 06
TCL.A: Long-Term Printing Contracts Will Support Future Capital Return Changes
Analysts have nudged their price target for Transcontinental slightly higher to about CA$27.67 from roughly CA$27.14, citing updated fair value estimates and modest adjustments to the discount rate and future P/E assumptions. What's in the News Transcontinental has called a special meeting of shareholders for February 2, 2026, to vote on a special resolution approving the sale of all issued and outstanding equity securities of the entities that operate the Packaging Sector under a stock purchase agreement with ProAmpac Holdings Inc.Narrative Update • Jan 22
TCL.A: Long-Term Printing Contracts Will Support Future Acquisition Opportunities
Analysts have slightly lowered their price target on Transcontinental to account for minor revisions to the discount rate, revenue growth expectations and profit margin assumptions, while keeping fair value steady at about $27.14 and the implied future P/E close to 41x. What's in the News Transcontinental extended its agreement with METRO for three years to provide multiple marketing services, including continued participation in the raddar print and digital flyer in Quebec and other potential Canadian markets, along with printing, in store marketing and content solutions (company client announcement).Narrative Update • Jan 08
TCL.A: Long-Term Printing Deals Will Support Future M&A Upside
Analysts have slightly adjusted their price expectations for Transcontinental. The updated target is now aligned to a fair value of about $27.14 per share, reflecting modest tweaks to discount rate, revenue growth and profit margin assumptions, without a change to the core valuation view.Narrative Update • Dec 24
TCL.A: Future Printing Agreements Will Drive M&A And Shareholder Upside
Analysts have modestly raised their price target on Transcontinental to approximately $27.14 from about $26.86 per share, citing a higher long term valuation multiple despite weaker near term revenue growth expectations and a slightly softer profit margin outlook. What's in the News TC Transcontinental and The Globe and Mail renewed their long standing partnership with a new 10 year printing agreement, extending a 40 year relationship that is the longest in Canadian newspaper printing history (company announcement).Analysis Article • Dec 16
Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.225
Transcontinental Inc. ( TSE:TCL.A ) will pay a dividend of CA$0.225 on the 20th of January. The dividend yield will be...Narrative Update • Dec 10
TCL.A: Future M&A Expansion Will Drive Shareholder Value Upside
Analysts have raised their price target for Transcontinental from approximately $24.46 to $26.86 per share. This reflects slightly higher discount rate and future P/E assumptions, despite tempered expectations for revenue growth and profit margins.Analysis Article • Nov 28
The Returns At Transcontinental (TSE:TCL.A) Aren't Growing
What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Analysis Article • Jul 31
Do Transcontinental's (TSE:TCL.A) Earnings Warrant Your Attention?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • May 01
Transcontinental (TSE:TCL.A) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 04
Here's Why We Think Transcontinental (TSE:TCL.A) Might Deserve Your Attention Today
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Mar 14
Transcontinental Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Shareholders of Transcontinental Inc. ( TSE:TCL.A ) will be pleased this week, given that the stock price is up 11% to...Analysis Article • Feb 12
Many Still Looking Away From Transcontinental Inc. (TSE:TCL.A)
With a price-to-earnings (or "P/E") ratio of 12.1x Transcontinental Inc. ( TSE:TCL.A ) may be sending bullish signals...
New Narrative • Jan 27
Cost Optimization And Sustainable Packaging Will Drive Future Success
Focus on cost structure improvement and strategic divestments enhances profitability and streamlines operations toward higher-margin growth opportunities.Analysis Article • Jan 11
Is Now An Opportune Moment To Examine Transcontinental Inc. (TSE:TCL.A)?
While Transcontinental Inc. ( TSE:TCL.A ) might not have the largest market cap around , it received a lot of attention...Analysis Article • Dec 15
Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225
The board of Transcontinental Inc. ( TSE:TCL.A ) has announced that it will pay a dividend on the 20th of January, with...Analysis Article • Oct 01
Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jun 13
There May Be Reason For Hope In Transcontinental's (TSE:TCL.A) Disappointing Earnings
Transcontinental Inc.'s ( TSE:TCL.A ) recent soft profit numbers didn't appear to worry shareholders, as the stock...Analysis Article • Jun 07
Some Shareholders Feeling Restless Over Transcontinental Inc.'s (TSE:TCL.A) P/E Ratio
With a median price-to-earnings (or "P/E") ratio of close to 14x in Canada, you could be forgiven for feeling...Analysis Article • Nov 18
At CA$11.10, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?
Transcontinental Inc. ( TSE:TCL.A ), might not be a large cap stock, but it received a lot of attention from a...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 25 2026 | n/a | n/a | CA$166m |
| Oct 26 2025 | CA$1m | CA$392k | CA$171m |
| Jul 27 2025 | n/a | n/a | CA$125m |
| Apr 27 2025 | n/a | n/a | CA$130m |
| Jan 26 2025 | n/a | n/a | CA$112m |
| Oct 27 2024 | CA$1m | CA$358k | CA$121m |
| Jul 28 2024 | n/a | n/a | CA$115m |
| Apr 28 2024 | n/a | n/a | CA$92m |
| Jan 28 2024 | n/a | n/a | CA$99m |
| Oct 29 2023 | CA$665k | CA$296k | CA$86m |
| Jul 30 2023 | n/a | n/a | CA$105m |
| Apr 30 2023 | n/a | n/a | CA$118m |
| Jan 29 2023 | n/a | n/a | CA$124m |
| Oct 30 2022 | CA$511k | CA$261k | CA$141m |
Compensation vs Market: Sam's total compensation ($USD806.42K) is about average for companies of similar size in the Canadian market ($USD845.67K).
Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.
CEO
Sam Bendavid (45 yo)
less than a year
Tenure
CA$1,101,059
Compensation
Mr. Sam Bendavid served as Chief Corporate Development and Procurement Officer at Transcontinental Inc. since July 2023 until April 06, 2026 and is its Chief Executive Officer from April 06, 2026. In this...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chair of the Board | 21.2yrs | CA$3.58m | 0.0060% CA$ 28.1k | |
| Chief Executive Officer | less than a year | CA$1.10m | 0.0068% CA$ 32.1k | |
| Executive VP & CFO | 7.7yrs | CA$2.49m | 0.023% CA$ 106.0k | |
| Chief Operating Officer | less than a year | CA$1.05m | 0.0092% CA$ 43.3k | |
| Senior Director of Investor Relations & Treasury | no data | no data | no data | |
| Vice President of Legal Affairs & Corporate Secretary | less than a year | no data | 0.00047% CA$ 2.2k | |
| Vice President of Corporate Communications & Public Affairs | 6.3yrs | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data | |
| Senior Vice President of Retail Group Transcontinental Printing - Marketing Products | no data | no data | no data | |
| Chief Development Officer of Printing & Media | no data | CA$729.25k | no data | |
| Senior Vice President of Recycling Group | 6.3yrs | no data | no data | |
| Senior Vice President of Québec & Atlantic - Printing | no data | no data | no data |
1.5yrs
Average Tenure
45yo
Average Age
Experienced Management: TCL.A's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chair of the Board | 21.2yrs | CA$3.58m | 0.0060% CA$ 28.1k | |
| Independent Director | 11.2yrs | CA$328.21k | 0.012% CA$ 55.7k | |
| Independent Director | 5yrs | CA$236.46k | 0.0096% CA$ 45.0k | |
| Independent Director | 1.7yrs | CA$183.12k | 0.036% CA$ 168.7k | |
| Non-Independent Director | 21.2yrs | CA$150.00k | 0.0072% CA$ 33.8k | |
| Independent Lead Director | 10.2yrs | CA$339.86k | 0.021% CA$ 97.3k | |
| Independent Director | 15.2yrs | CA$417.84k | 0.0045% CA$ 21.1k | |
| Independent Director | 10.5yrs | CA$263.45k | 0.017% CA$ 80.3k | |
| Non-Independent Director | 15.2yrs | CA$220.03k | no data | |
| Independent Director | 9.2yrs | CA$293.26k | 0.012% CA$ 56.2k |
10.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TCL.A's board of directors are seasoned and experienced ( 10.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 19:34 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/01/25 |
| Annual Earnings | 2025/10/26 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Transcontinental Inc. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David McFadgen | ATB Cormark |
| David McFadgen | ATB Cormark Historical (Cormark Securities) |
| Stephen MacLeod | BMO Capital Markets Equity Research |