CTC.A Stock Overview
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada.
Canadian Tire Corporation Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$173.38|
|52 Week High||CA$213.85|
|52 Week Low||CA$159.44|
|1 Month Change||-4.15%|
|3 Month Change||-1.63%|
|1 Year Change||3.01%|
|3 Year Change||17.03%|
|5 Year Change||25.28%|
|Change since IPO||604.08%|
Recent News & Updates
Canadian Tire Corporation (TSE:CTC.A) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Is Canadian Tire Corporation, Limited (TSE:CTC.A) Trading At A 37% Discount?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Canadian Tire...
Here's Why I Think Canadian Tire Corporation (TSE:CTC.A) Is An Interesting Stock
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Is There Now An Opportunity In Canadian Tire Corporation, Limited (TSE:CTC.A)?
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|CTC.A||CA Multiline Retail||CA Market|
Return vs Industry: CTC.A underperformed the Canadian Multiline Retail industry which returned 9.5% over the past year.
Return vs Market: CTC.A underperformed the Canadian Market which returned 15% over the past year.
|CTC.A Average Weekly Movement||2.7%|
|Multiline Retail Industry Average Movement||8.8%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||3.7%|
Stable Share Price: CTC.A is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CTC.A's weekly volatility (3%) has been stable over the past year.
About the Company
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 automotive maintenance products and accessories, parts, tires as well as automotive repair and roadside assistance; kitchen, home organization, decor and essentials, home electronics, pet, and cleaning and consumable products; tools, hardware, paint, electrical, plumbing, home environment, and smart home products; and outdoor recreation, exercise, footwear and apparel, hunting, fishing, camping, and sporting goods.
Canadian Tire Corporation Fundamentals Summary
|CTC.A fundamental statistics|
Is CTC.A overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CTC.A income statement (TTM)|
|Cost of Revenue||CA$9.91b|
Last Reported Earnings
Oct 02, 2021
Next Earnings Date
Feb 17, 2022
|Earnings per share (EPS)||18.42|
|Net Profit Margin||7.40%|
How did CTC.A perform over the long term?See historical performance and comparison
3.0%Current Dividend Yield
Does CTC.A pay a reliable dividends?See CTC.A dividend history and benchmarks
|Canadian Tire Corporation dividend dates|
|Ex Dividend Date||Jan 28 2022|
|Dividend Pay Date||Mar 01 2022|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||33 days|
Does CTC.A pay a reliable dividends?See CTC.A dividend history and benchmarks
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$173.38) is trading below our estimate of fair value (CA$281.43)
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 (9.4x) compared to the North American Multiline Retail industry average (16.4x).
PE vs Market: CTC.A is good value based on its PE Ratio (9.4x) compared to the Canadian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: CTC.A is poor value based on its PEG Ratio (14.5x)
Price to Book Ratio
PB vs Industry: CTC.A is good value based on its PB Ratio (2.1x) compared to the XN Multiline Retail industry average (3x).
How is Canadian Tire Corporation forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTC.A's forecast earnings growth (0.6% per year) is below the savings rate (1.6%).
Earnings vs Market: CTC.A's earnings (0.6% per year) are forecast to grow slower than the Canadian market (10.9% per year).
High Growth Earnings: CTC.A's earnings are forecast to grow, but not significantly.
Revenue vs Market: CTC.A's revenue (2.6% per year) is forecast to grow slower than the Canadian market (5.6% per year).
High Growth Revenue: CTC.A's revenue (2.6% 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 low in 3 years time (18.6%).
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 (7.4%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: CTC.A's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: CTC.A's earnings growth over the past year (82.7%) exceeds its 5-year average (6.7% per year).
Earnings vs Industry: CTC.A earnings growth over the past year (82.7%) exceeded the Multiline Retail industry 19.6%.
Return on Equity
High ROE: CTC.A's Return on Equity (19.6%) is considered low.
How is Canadian Tire Corporation's financial position?
Financial Position Analysis
Short Term Liabilities: CTC.A's short term assets (CA$11.4B) exceed its short term liabilities (CA$6.5B).
Long Term Liabilities: CTC.A's short term assets (CA$11.4B) exceed its long term liabilities (CA$8.7B).
Debt to Equity History and Analysis
Debt Level: CTC.A's net debt to equity ratio (100%) is considered high.
Reducing Debt: CTC.A's debt to equity ratio has increased from 100.9% to 133.5% over the past 5 years.
Debt Coverage: CTC.A's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: CTC.A's interest payments on its debt are well covered by EBIT (8.5x coverage).
What is Canadian Tire Corporation current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CTC.A's dividend (3%) is higher than the bottom 25% of dividend payers in the Canadian market (1.63%).
High Dividend: CTC.A's dividend (3%) is low compared to the top 25% of dividend payers in the Canadian market (4.88%).
Stability and Growth of Payments
Stable Dividend: CTC.A's dividends per share have been stable in the past 10 years.
Growing Dividend: CTC.A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.8%), CTC.A's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CTC.A's dividends in 3 years are forecast to be well covered by earnings (33% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Hicks (50 yo)
Mr. Gregory Hubert Hicks, also known as Greg, serves as President, Chief Executive Officer and Executive Director at Canadian Tire Corporation, Limited since March 12, 2020. Mr. Hicks serves as Chair of th...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD3.55M) is about average for companies of similar size in the Canadian market ($USD3.35M).
Compensation vs Earnings: Greg's compensation has increased by more than 20% in the past year.
Experienced Management: CTC.A's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: CTC.A's board of directors are considered experienced (5.5 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 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
- Implied Market Cap: CA$10.947b
- Shares outstanding: 60.15m
- Website: https://www.corp.canadiantire.ca
Number of Employees
- Canadian Tire Corporation, Limited
- 2180 Yonge Street
- PO Box 770
- M4P 2V8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/26 00:58|
|End of Day Share Price||2022/01/25 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.