TVA Group Inc.

TSX:TVA.B Stock Report

Market Cap: CA$64.8m

TVA Group Past Earnings Performance

Past criteria checks 3/6

TVA Group's earnings have been declining at an average annual rate of -35.2%, while the Media industry saw earnings growing at 4% annually. Revenues have been declining at an average rate of 2.9% per year. TVA Group's return on equity is 8.9%, and it has net margins of 5.7%.

Key information

-35.19%

Earnings growth rate

-49.67%

EPS growth rate

Media Industry Growth23.60%
Revenue growth rate-2.86%
Return on equity8.86%
Net Margin5.72%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Jun 26

Investor Optimism Abounds TVA Group Inc. (TSE:TVA.B) But Growth Is Lacking

With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Media industry in Canada, you could be forgiven...
Analysis Article Feb 23

Why Investors Shouldn't Be Surprised By TVA Group Inc.'s (TSE:TVA.B) Low P/S

When you see that almost half of the companies in the Media industry in Canada have price-to-sales ratios (or "P/S...
Analysis Article Mar 01

Is TVA Group (TSE:TVA.B) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 18

Here's Why TVA Group (TSE:TVA.B) Has A Meaningful Debt Burden

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jan 21

TVA Group (TSE:TVA.B) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 17

Is TVA Group (TSE:TVA.B) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 03

If You Had Bought TVA Group's (TSE:TVA.B) Shares Five Years Ago You Would Be Down 49%

TVA Group Inc. ( TSE:TVA.B ) shareholders should be happy to see the share price up 11% in the last quarter. But over...
Analysis Article Jan 26

TVA Group (TSE:TVA.B) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 31

What We Learned About TVA Group's (TSE:TVA.B) CEO Compensation

France Lauzière has been the CEO of TVA Group Inc. ( TSE:TVA.B ) since 2017, and this article will examine the...
Analysis Article Dec 03

A Look At TVA Group's (TSE:TVA.B) Share Price Returns

While not a mind-blowing move, it is good to see that the TVA Group Inc. ( TSE:TVA.B ) share price has gained 24% in...

Revenue & Expenses Breakdown

How TVA Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:TVA.B Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2653931150
31 Dec 2554115150
30 Sep 25502-18150
30 Jun 25508-24150
31 Mar 25523-22160
31 Dec 24532-19160
30 Sep 24537-34170
30 Jun 24543-37170
31 Mar 24538-42160
31 Dec 23545-48160
30 Sep 23565-32170
30 Jun 23577-24170
31 Mar 23586-19170
31 Dec 22594-9170
30 Sep 225943160
30 Jun 2261515240
31 Mar 2262722150
31 Dec 2162331150
30 Sep 2159946160
30 Jun 215673590
31 Mar 2151229150
31 Dec 2050832140
30 Sep 2052521120
30 Jun 2053126120
31 Mar 2057322140
31 Dec 1957016150
30 Sep 1955610150
30 Jun 1955811150
31 Mar 195527150
31 Dec 185529150
30 Sep 185579150
30 Jun 18570-21160
31 Mar 18582-13160
31 Dec 17590-16160
30 Sep 17604-19170
30 Jun 17595-37170
31 Mar 17586-40180
31 Dec 16591-40180
30 Sep 16587-47170
30 Jun 16594-51150
31 Mar 16609-48140
31 Dec 15590-55150
30 Sep 15554-58160
30 Jun 15510-57170

Quality Earnings: TVA.B has high quality earnings.

Growing Profit Margin: TVA.B became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TVA.B has become profitable over the past 5 years, growing earnings by -35.2% per year.

Accelerating Growth: TVA.B has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TVA.B has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (-2.8%).


Return on Equity

High ROE: TVA.B's Return on Equity (8.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 19:24
End of Day Share Price 2026/06/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

TVA Group Inc. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David McFadgenATB Cormark Historical (Cormark Securities)
Robert BekCIBC Capital Markets
Adam ShineNational Bank Financial