Yellow Pages Limited operates as a digital media and marketing solutions company in Canada.
Yellow Pages Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$13.56|
|52 Week High||CA$11.47|
|52 Week Low||CA$15.20|
|1 Month Change||-2.45%|
|3 Month Change||-5.77%|
|1 Year Change||4.23%|
|3 Year Change||66.79%|
|5 Year Change||-36.96%|
|Change since IPO||97.67%|
Recent News & Updates
Yellow Pages' (TSE:Y) Dividend Will Be Increased To CA$0.15
Yellow Pages Limited ( TSE:Y ) has announced that it will be increasing its dividend on the 30th of June to CA$0.15...
We Think Yellow Pages (TSE:Y) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|Y||CA Interactive Media and Services||CA Market|
Return vs Industry: Y underperformed the Canadian Interactive Media and Services industry which returned 28.9% over the past year.
Return vs Market: Y underperformed the Canadian Market which returned 33.6% over the past year.
Stable Share Price: Y is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: Y's weekly volatility (2%) has been stable over the past year.
About the Company
Yellow Pages Limited operates as a digital media and marketing solutions company in Canada. The company provides digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages digital media properties, content syndication, search engine solutions, website fulfillment, social media campaign management, digital display advertising, video production, e-commerce, and print advertising to small and medium-sized businesses. Its online properties include YP.ca that allows users to discover and transact within their local neighborhoods through merchant profiles, editorial content, reviews, and booking functionalities; Canada411 for personal and local business information; and 411.ca, a digital directory service.
Yellow Pages Fundamentals Summary
|Y fundamental statistics|
Is Y overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|Y income statement (TTM)|
|Cost of Revenue||CA$199.08m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 12, 2021
|Earnings per share (EPS)||1.59|
|Net Profit Margin||14.43%|
How did Y perform over the long term?See historical performance and comparison
4.4%Current Dividend Yield
Is Yellow Pages 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: Y (CA$13.56) is trading below our estimate of fair value (CA$25.23)
Significantly Below Fair Value: Y is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: Y is good value based on its PE Ratio (8.5x) compared to the North American Interactive Media and Services industry average (37.4x).
PE vs Market: Y is good value based on its PE Ratio (8.5x) compared to the Canadian market (13.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate Y's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Y is overvalued based on its PB Ratio (6x) compared to the CA Interactive Media and Services industry average (5.3x).
How is Yellow Pages forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if Y's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if Y's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Y's revenue is expected to decline over the next 3 years (-16.7% per year).
High Growth Revenue: Y's revenue is forecast to decline over the next 3 years (-16.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if Y's Return on Equity is forecast to be high in 3 years time
How has Yellow Pages performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: Y has a large one-off loss of CA$14.6M impacting its June 30 2021 financial results.
Growing Profit Margin: Y's current net profit margins (14.4%) are lower than last year (27.7%).
Past Earnings Growth Analysis
Earnings Trend: Y has become profitable over the past 5 years, growing earnings by 44.2% per year.
Accelerating Growth: Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: Y had negative earnings growth (-56.8%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (-21.4%).
Return on Equity
High ROE: Y's Return on Equity (70.6%) is considered outstanding.
How is Yellow Pages's financial position?
Financial Position Analysis
Short Term Liabilities: Y's short term assets (CA$144.7M) exceed its short term liabilities (CA$61.8M).
Long Term Liabilities: Y's short term assets (CA$144.7M) exceed its long term liabilities (CA$144.5M).
Debt to Equity History and Analysis
Debt Level: Y is debt free.
Reducing Debt: Y has no debt compared to 5 years ago when its debt to equity ratio was 64.2%.
Debt Coverage: Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: Y has no debt, therefore coverage of interest payments is not a concern.
What is Yellow Pages's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: Y's dividend (4.42%) is higher than the bottom 25% of dividend payers in the Canadian market (1.55%).
High Dividend: Y's dividend (4.42%) is low compared to the top 25% of dividend payers in the Canadian market (4.5%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, Y has been paying a dividend for less than 10 years.
Growing Dividend: Y's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.3%), Y's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Y's dividends in 3 years are forecast to be well covered by earnings (40.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Eckert (66 yo)
Mr. David Alan Eckert has been President and Chief Executive Officer of Yellow Pages Limited since September 15, 2017. Mr. Eckert served as the Chief Executive Officer of Hibu Plc since March 2014. Mr. Eck...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD9.63M) is above average for companies of similar size in the Canadian market ($USD827.18K).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: Y's management team is considered experienced (3.8 years average tenure).
Experienced Board: Y's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Y 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.
Yellow Pages Limited's employee growth, exchange listings and data sources
- Name: Yellow Pages Limited
- Ticker: Y
- Exchange: TSX
- Founded: 1908
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: CA$375.377m
- Shares outstanding: 27.68m
- Website: https://corporate.yp.ca
Number of Employees
- Yellow Pages Limited
- 1751 Rue Richardson
- Suite 2.300
- H3K 1G6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 22:28|
|End of Day Share Price||2021/10/22 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.