Canadian Tire Corporation Future Growth

Future criteria checks 1/6

Canadian Tire is forecast to grow earnings and revenue by 3.8% and 2.3% per annum respectively. EPS is expected to grow by 5.9% per annum. Return on equity is forecast to be 9.9% in 3 years.

Key information

3.8%

Earnings growth rate

5.9%

EPS growth rate

Multiline Retail earnings growth	7.4%
Revenue growth rate	2.3%
Future return on equity	9.9%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:YAAA - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	17,355	731	N/A	1,680	4
12/31/2025	16,946	722	515	1,605	10
12/31/2024	16,410	718	624	1,594	10
9/28/2024	16,294	649	1,296	2,058	N/A
6/29/2024	16,351	382	1,063	1,797	N/A
3/30/2024	16,474	282	1,159	1,779	N/A
12/30/2023	16,657	213	685	1,354	N/A
9/30/2023	17,554	573	803	1,395	N/A
7/1/2023	17,532	824	422	1,084	N/A
4/1/2023	17,680	870	44	786	N/A
12/31/2022	17,811	1,044	-269	467	N/A
10/1/2022	17,608	1,021	-265	618	N/A
7/2/2022	17,292	1,080	214	998	N/A
4/2/2022	16,807	1,158	685	1,512	N/A
1/1/2022	16,292	1,128	957	1,736	N/A
10/2/2021	16,029	1,108	856	1,436	N/A
7/3/2021	16,102	1,161	1,353	1,883	N/A
4/3/2021	15,346	917	1,796	2,221	N/A
1/2/2021	14,871	752	2,006	2,443	N/A
9/26/2020	14,313	597	2,303	2,787	N/A
6/27/2020	13,964	498	1,676	2,202	N/A
3/28/2020	14,488	695	817	1,402	N/A
12/28/2019	14,534	778	474	1,088	N/A
9/28/2019	14,349	699	191	788	N/A
6/29/2019	14,344	705	239	805	N/A
3/30/2019	14,138	684	67	602	N/A
12/29/2018	14,059	692	261	807	N/A
9/29/2018	13,843	714	172	838	N/A
6/30/2018	13,477	686	N/A	937	N/A
3/31/2018	13,370	726	N/A	947	N/A
12/30/2017	13,277	735	N/A	973	N/A
9/30/2017	13,002	706	N/A	910	N/A
7/1/2017	12,865	706	N/A	993	N/A
4/1/2017	12,843	690	N/A	1,046	N/A
12/31/2016	12,681	669	N/A	986	N/A
10/1/2016	12,420	648	N/A	833	N/A
7/2/2016	12,419	671	N/A	724	N/A
4/2/2016	12,324	657	N/A	875	N/A
1/2/2016	12,280	659	N/A	979	N/A
10/3/2015	12,553	626	N/A	842	N/A
7/4/2015	12,496	598	N/A	676	N/A
4/4/2015	12,405	602	N/A	432	N/A
1/3/2015	12,463	604	N/A	575	N/A
9/27/2014	12,138	601	N/A	370	N/A
6/28/2014	12,024	574	N/A	728	N/A
3/29/2014	11,879	559	N/A	785	N/A
12/28/2013	11,786	561	N/A	893	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: YAAA's forecast earnings growth (3.8% per year) is above the savings rate (1%).

Earnings vs Market: YAAA's earnings (3.8% per year) are forecast to grow slower than the German market (21.1% per year).

High Growth Earnings: YAAA's earnings are forecast to grow, but not significantly.

Revenue vs Market: YAAA's revenue (2.3% per year) is forecast to grow slower than the German market (5.6% per year).

High Growth Revenue: YAAA's revenue (2.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: YAAA's Return on Equity is forecast to be low in 3 years time (9.9%).

Canadian Tire Corporation Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Third quarter 2024 earnings released: EPS: CA$3.61 (vs CA$1.19 loss in 3Q 2023)

Canadian Tire Corporation, Limited Declares Dividend, Payable on March 1, 2025

Now 23% undervalued

Upcoming dividend of CA$1.75 per share

Dividend of CA$1.75 announced

Now 25% overvalued after recent price rise

Second quarter 2024 earnings released: EPS: CA$3.57 (vs CA$1.76 in 2Q 2023)

Canadian Tire Corporation, Limited Declares Dividend on Class A Non-Voting Shares and Common Shares, Payable on December 1, 2024

Upcoming dividend of CA$1.75 per share

Dividend of CA$1.75 announced

Canadian Tire Corporation, Limited Declares Dividend, Payable on September 1, 2024

First quarter 2024 earnings released: EPS: CA$1.38 (vs CA$0.14 in 1Q 2023)

Now 21% overvalued

Upcoming dividend of CA$1.75 per share

Canada Plastics Pact in collaboration with partners Canadian Tire Corporation and Friendlier Announces Accelerators to Scale Reuse and Refill Solutions in Ontario

Now 21% overvalued

Upcoming dividend of CA$1.75 per share

Canadian Tire Corporation, Limited(TSX:CTC.A) dropped from FTSE All-World Index (USD)

Canadian Tire Corporation, Limited to Report Q2, 2024 Results on Aug 08, 2024

Dividend of CA$1.75 announced

New minor risk - Earnings quality

Canadian Tire Corporation, Limited, Annual General Meeting, May 09, 2024

Full year 2023 earnings released: EPS: CA$3.79 (vs CA$17.70 in FY 2022)

Canadian Tire Corporation, Limited Declares Dividend, Payable on June 1, 2024

Canadian Tire Corporation, Limited to Report Q4, 2023 Results on Feb 15, 2024

Upcoming dividend of CA$1.75 per share at 4.8% yield

New minor risk - Earnings quality

Canadian Tire Corporation, Limited Announces Quarterly Dividend, Payable on March 1, 2024

New minor risk - Profit margin trend

Third quarter 2023 earnings released: CA$1.19 loss per share (vs CA$3.15 profit in 3Q 2022)

Canadian Tire Corporation, Limited (TSX:CTC.A) acquired 20% equity interest in Canadian Tire Services Limited from The Bank of Nova Scotia (TSX:BNS). in a transaction valued at CAD 895 million.

Canadian Tire Corporation, Limited (TSX:CTC.A) acquired 20% equity interest in Canadian Tire Services Limited from The Bank of Nova Scotia (TSX:BNS). in a transaction valued at CAD 895 million.

Upcoming dividend of CA$1.73 per share at 5.0% yield

New major risk - Shareholder dilution

Now 21% undervalued after recent price drop

Canadian Tire Corporation, Limited announced that it has received CAD 600 million in funding

Now 22% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: CA$1.76 (vs CA$2.45 in 2Q 2022)

Upcoming dividend of CA$1.73 per share at 3.8% yield

Canadian Tire Corporation, Limited to Report Q2, 2023 Results on Aug 10, 2023

Canadian Tire Corporation, Limited to Report Q3, 2023 Results on Nov 09, 2023

Canadian Tire Corporation, Limited Declares Dividends Payable to Holders of Class A Non-Voting Shares and Common Shares, Payable on September 1, 2023

First quarter 2023 earnings released: EPS: CA$0.14 (vs CA$3.05 in 1Q 2022)

Canadian Tire Corporation, Limited (TSX:CTC.A) acquired Danze.

Upcoming dividend of CA$1.73 per share at 3.8% yield

Insider recently sold €104k worth of stock

Independent Director recently bought €83k worth of stock

Canadian Tire Corporation, Limited, Annual General Meeting, May 11, 2023

Full year 2022 earnings released

Canadian Tire Corporation, Limited Declares Quarterly Dividends Payable to Holders of Class A Non-Voting Shares and Common Shares, Payable on June 1, 2023

Petco Health and Wellness Company, Inc. Expands Exclusive Shop-In-Shop Partnership with Top Canadian Lifestyle Retailer Canadian Tire Corporation

Upcoming dividend of CA$1.73 per share

Canadian Tire Corporation, Limited to Report Q4, 2022 Results on Feb 16, 2023

Third quarter 2022 earnings released: EPS: CA$3.15 (vs CA$4.01 in 3Q 2021)

Third quarter 2022 earnings released

Canadian Tire Corporation, Limited Declares Dividend, Payable on March 1, 2023

Upcoming dividend of CA$1.63 per share

Non-Independent Chairman of the Board recently bought €177k worth of stock

Insider recently bought €75k worth of stock

Second quarter 2022 earnings released

Canadian Tire Corporation, Limited Declares Dividends, Payable on December 1, 2022

Upcoming dividend of CA$1.63 per share

Non-Independent Chairman of the Board recently bought €118k worth of stock

Canadian Tire Corporation, Limited Launches First-Ever Activewear Line Forward With Design

First quarter 2022 earnings released

Canadian Tire Corporation, Limited Approves the Election of Sowmyanarayan Sampath as Director

Upcoming dividend of CA$1.30 per share

Insider recently bought €154k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Canadian Tire Corporation, Limited Announces Impairment Results for Thirteen Weeks Ended January 1, 2022

Canadian Tire Corporation, Limited Announces Management Changes

Upcoming dividend of CA$1.30 per share

Third quarter 2021 earnings released

Upcoming dividend of CA$1.18 per share

Insider recently sold €145k worth of stock