Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada.
Solid track record established dividend payer.
Share Price & News
How has Canadian Tire Corporation's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CTC.A has not had significant price volatility in the past 3 months.
7 Day Return
CA Multiline Retail
1 Year Return
CA Multiline Retail
Return vs Industry: CTC.A underperformed the Canadian Multiline Retail industry which returned 12% over the past year.
Return vs Market: CTC.A underperformed the Canadian Market which returned 0.1% over the past year.
Price Volatility Vs. Market
How volatile is Canadian Tire Corporation's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere's Why I Think Canadian Tire Corporation (TSE:CTC.A) Might Deserve Your Attention Today
2 weeks ago | Simply Wall StThe Canadian Tire Corporation (TSE:CTC.A) Share Price Has Gained 23% And Shareholders Are Hoping For More
1 month ago | Simply Wall StOnly 3 Days Left To Cash In On Canadian Tire Corporation, Limited's (TSE:CTC.A) Dividend
Is Canadian Tire Corporation 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: CTC.A (CA$139.61) is trading below our estimate of fair value (CA$450.18)
Significantly Below Fair Value: CTC.A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CTC.A is good value based on its PE Ratio (11.1x) compared to the Multiline Retail industry average (11.1x).
PE vs Market: CTC.A is good value based on its PE Ratio (11.1x) compared to the Canadian market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CTC.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CTC.A is overvalued based on its PB Ratio (2x) compared to the XN Multiline Retail industry average (1.6x).
How is Canadian Tire Corporation forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CTC.A's forecast earnings growth is above the savings rate (1.4%).
Earnings vs Market: Insufficient data to determine if CTC.A'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: CTC.A's revenue (7.7% per year) is forecast to grow faster than the Canadian market (4.7% per year).
High Growth Revenue: CTC.A's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTC.A's Return on Equity is forecast to be high in 3 years time (20.2%)
How has Canadian Tire Corporation performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTC.A has high quality earnings.
Growing Profit Margin: CTC.A's current net profit margins (5.8%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: CTC.A's earnings have grown by 3.7% per year over the past 5 years.
Accelerating Growth: CTC.A's earnings growth over the past year (12.4%) exceeds its 5-year average (3.7% per year).
Earnings vs Industry: CTC.A earnings growth over the past year (12.4%) exceeded the Multiline Retail industry -8.6%.
Return on Equity
High ROE: CTC.A's Return on Equity (16.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Canadian Tire Corporation's financial position?
Financial Position Analysis
Short Term Liabilities: CTC.A's short term assets (CA$9.6B) exceed its short term liabilities (CA$5.8B).
Long Term Liabilities: CTC.A's short term assets (CA$9.6B) exceed its long term liabilities (CA$8.3B).
Debt to Equity History and Analysis
Debt Level: CTC.A's debt to equity ratio (134.8%) is considered high.
Reducing Debt: CTC.A's debt to equity ratio has increased from 92.1% to 134.8% over the past 5 years.
Debt Coverage: CTC.A's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: CTC.A's interest payments on its debt are well covered by EBIT (5.5x coverage).
Inventory Level: CTC.A has a high level of physical assets or inventory.
Debt Coverage by Assets: CTC.A's debt is covered by short term assets (assets are 1.3x debt).
What is Canadian Tire Corporation's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Canadian Tire Corporation before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CTC.A's dividend (3.26%) is higher than the bottom 25% of dividend payers in the Canadian market (2.03%).
High Dividend: CTC.A's dividend (3.26%) is low compared to the top 25% of dividend payers in the Canadian market (5.81%).
Stability and Growth of Payments
Stable Dividend: CTC.A's dividends per share have been stable in the past 10 years.
Growing Dividend: CTC.A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.7%), CTC.A's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CTC.A's dividends in 3 years are forecast to be well covered by earnings (32.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stephen Wetmore (66yo)
Mr. Stephen G. Wetmore is President and Chief Executive Officer of Canadian Tire Corporation, Limited (“CTC”). Mr. Wetmore was first appointed as President and CEO of CTC in January 2009. He served as Pres ...
CEO Compensation Analysis
Compensation vs Market: Stephen's total compensation ($USD8.96M) is above average for companies of similar size in the Canadian market ($USD3.72M).
Compensation vs Earnings: Stephen's compensation has increased by more than 20% in the past year.
|CEO, President & Non-Independent Director||3.6yrs||CA$11.92m||no data|
|Executive VP & CFO||7.9yrs||CA$1.86m||0.044% CA$3.8m|
|Executive VP||0yrs||CA$1.77m||0.013% CA$1.1m|
|Executive Vice-President of Retail||2.3yrs||CA$2.80m||0.0065% CA$565.2k|
|Executive VP of International & Chief Corporate Officer||3.3yrs||CA$1.77m||0.0038% CA$331.6k|
|Senior VP & Chief Information Officer||0yrs||no data||no data|
|Senior Vice President of Finance & Investor Relations||0yrs||no data||no data|
|Vice President of Communications||0yrs||no data||no data|
|Senior Vice President of Marketing||2.7yrs||no data||no data|
|Executive VP & Chief Human Resources Officer||0yrs||no data||no data|
Experienced Management: CTC.A's management team is considered experienced (3.3 years average tenure).
|CEO, President & Non-Independent Director||3.6yrs||CA$11.92m||no data|
|Independent Director||6.8yrs||CA$208.00k||0.0067% CA$586.2k|
|Director||0.8yrs||no data||no data|
|Non-Executive Chairman of the Board||12.9yrs||CA$570.81k||0.0083% CA$726.1k|
|Independent Director||40.1yrs||CA$238.73k||0.0093% CA$815.4k|
|Non-Independent Director||16.1yrs||CA$190.74k||0.022% CA$1.9m|
|Independent Director||5.1yrs||CA$229.75k||0.0036% CA$317.6k|
|Independent Director||10.1yrs||CA$299.25k||0.0098% CA$857.4k|
|Independent Director||9.1yrs||CA$216.50k||no data|
|Non-Independent Director||9.1yrs||CA$184.00k||0.0089% CA$781.3k|
Experienced Board: CTC.A's board of directors are considered experienced (9.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Canadian Tire Corporation, Limited's company bio, employee growth, exchange listings and data sources
- Name: Canadian Tire Corporation, Limited
- Ticker: CTC.A
- Exchange: TSX
- Founded: 1922
- Industry: General Merchandise Stores
- Sector: Retail
- Market Cap: CA$8.749b
- Shares outstanding: 61.20m
- Website: https://www.corp.canadiantire.ca
Number of Employees
- Canadian Tire Corporation, Limited
- 2180 Yonge Street
- PO Box 770
- M4P 2V8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CTC||TSX (The Toronto Stock Exchange)||Common Shares||CA||CAD||Dec 1972|
|CDNT.F||OTCPK (Pink Sheets LLC)||Common Shares||US||USD||Dec 1972|
|CTC.A||TSX (The Toronto Stock Exchange)||Yes||Class A Non-Voting Shares||CA||CAD||Aug 1973|
|YAAA||DB (Deutsche Boerse AG)||Yes||Class A Non-Voting Shares||DE||EUR||Aug 1973|
|CDNA.F||OTCPK (Pink Sheets LLC)||Yes||Class A Non-Voting Shares||US||USD||Aug 1973|
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting goods, and petroleum under the Canadian Tire, PartSource, Petroleum, Gas+, Party City, Mark’s, Mark’s Work Wearhouse, L’Équipeur, Helly Hansen, SportChek, Sports Experts, Atmosphere, Pro Hockey Life, National Sports, Sports Rousseau, and Hockey Experts banners. This segment also participates in loyalty programs, as well as sells its products online. The CT REIT segment operates as a closed-end real estate investment trust that holds a portfolio of properties comprising Canadian Tire stores, Canadian Tire anchored retail developments, mixed-use commercial property, and distribution centers. The Financial Services segment provides financial and other ancillary products and services, including credit cards, in-store financing, insurance products, and retail and broker deposits; and savings accounts and guaranteed investment certificates. This segment also offers payment processing services to its retail banners. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 00:48|
|End of Day Share Price||2020/02/26 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.