This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Estimates Estimates Estimates
See my website on stocks or see my blog at the following sites.  www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/ Q2 2021
IBI Group Inc TSX: IBG OTC: IBIBF https://www.ibigroup.com/ Fiscal Yr: Dec 31
Year 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 Value Description #Y Item Total G
Accounting Rules C GAAP IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
$422.4 <-12 mths 7.43%
Revenue* $248.0 $273.7 $290.4 $332.3 $337.7 $288.0 $298.3 $327.1 $354.1 $361.4 $368.3 $376.9 $393.2 $436 $452 $470 35.40% <-Total Growth 10 Revenue
Increase 48.62% 10.35% 6.11% 14.43% 1.63% -14.73% 3.58% 9.66% 8.27% 2.05% 1.91% 2.32% 4.34% 10.88% 3.67% 3.98% 3.08% <-IRR #YR-> 10 Revenue 35.40%
5 year Running Average $151.4 $187.8 $226.2 $262.3 $296.4 $304.4 $309.3 $316.7 $321.0 $325.8 $341.8 $357.6 $370.8 $387.2 $405.3 $425.6 3.75% <-IRR #YR-> 5 Revenue 20.21%
Revenue per Share $21.96 $21.48 $22.47 $25.52 $20.05 $16.42 $16.75 $13.10 $11.36 $11.59 $11.80 $12.06 $12.58 $13.95 $14.46 $15.03 5.07% <-IRR #YR-> 10 5 yr Running Average 63.94%
Increase 40.17% -2.17% 4.58% 13.57% -21.43% -18.08% 1.98% -21.78% -13.32% 2.04% 1.81% 2.26% 4.26% 10.88% 3.67% 3.98% 3.21% <-IRR #YR-> 5 5 yr Running Average 17.09%
5 year Running Average $18.65 $19.28 $19.86 $21.42 $22.30 $21.19 $20.24 $18.37 $15.54 $13.84 $12.92 $11.98 $11.88 $12.39 $12.97 $13.61 -5.64% <-IRR #YR-> 10 Revenue per Share -44.03%
P/S (Price/Sales) Med 0.77 0.68 0.67 0.52 0.54 0.25 0.12 0.15 0.38 0.62 0.54 0.41 0.44 0.73 0.00 0.00 -0.81% <-IRR #YR-> 5 Revenue per Share -4.00%
P/S (Price/Sales) Close 0.55 0.79 0.60 0.52 0.32 0.05 0.11 0.17 0.52 0.70 0.37 0.48 0.65 0.90 0.87 0.83 -5.01% <-IRR #YR-> 10 5 yr Running Average -40.21%
*Net Revenue in M CDN $  P/S Med 20 yr  0.54 15 yr  0.54 10 yr  0.42 5 yr  0.44 112.58% Diff M/C -8.35% <-IRR #YR-> 5 5 yr Running Average -35.35%
-$290.4 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $393.2
-$327.1 $0.0 $0.0 $0.0 $0.0 $393.2
-$226.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $370.8
-$316.7 $0.0 $0.0 $0.0 $0.0 $370.8
-$22.47 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $12.58
-$13.10 $0.00 $0.00 $0.00 $0.00 $12.58
-$19.86 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $11.88
-$18.37 $0.00 $0.00 $0.00 $0.00 $11.88
$0.47 <-12 mths 0.00%
EPS Basic $1.67 $0.76 $1.11 $0.70 -$0.70 -$10.05 -$0.14 $0.41 $0.11 $0.30 $0.55 $0.45 $0.47 -57.65% <-Total Growth 10 EPS Basic
EPS Diluted* $1.67 $0.76 $1.11 $0.70 -$0.70 -$10.05 -$0.14 $0.41 $0.11 $0.30 $0.54 $0.45 $0.47 $0.70 $0.82 $0.92 -57.65% <-Total Growth 10 EPS Diluted
Increase -10.06% -54.80% 46.64% -36.62% -199.52% -1335.71% 98.61% 392.86% -73.17% 172.73% 80.00% -16.67% 4.44% 48.94% 17.14% 12.20% 7 3 10 Years of Data, EPS P or N
Earnings Yield 13.9% 4.5% 8.2% 5.3% -10.9% -1142.0% -7.4% 18.6% 1.9% 3.7% 12.4% 7.8% 5.7% 5.6% 6.5% 7.3% -8.23% <-IRR #YR-> 10 Earnings per Share -57.65%
5 year Running Average $1.11 $1.27 $1.34 $1.22 $0.71 -$1.64 -$1.82 -$1.96 -$2.07 -$1.87 $0.24 $0.36 $0.37 $0.49 $0.60 $0.67 2.77% <-IRR #YR-> 5 Earnings per Share 14.63%
10 year Running Average -$0.26 -$0.27 -$0.31 -$0.43 -$0.58 -$0.70 -$0.73 -$0.79 -$0.79 -$0.64 $0.46 -12.01% <-IRR #YR-> 10 5 yr Running Average 122.86%
* ESP per share (Cdn GAAP) E/P 10 Yrs 4.50% 5Yrs 5.74% #NUM! <-IRR #YR-> 5 5 yr Running Average 119.13%
-$1.11 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.47
-$0.41 $0.00 $0.00 $0.00 $0.00 $0.47
-$1.34 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.37
$1.96 $0.00 $0.00 $0.00 $0.00 $0.37
Dividend* $0.00 $0.00 $0.00 Estimates Dividend*
Increase 0.00% 0.00% 0.00% Estimates Increase
Payout Ratio EPS 0.00% 0.00% 0.00% Estimates Payout Ratio EPS
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends
Dividend* $1.55 $1.60 $1.60 $1.15 $1.10 $0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -100.00% <-Total Growth 10 Dividends
Increase 13.04% 3.04% 0.00% -28.40% -3.61% -87.55% -100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4 4 16 Years of data, Count P, N 25.00%
Average Increases 5 Year Running 7.42% 7.42% 0.17% -3.19% -23.30% -43.91% -43.91% -38.23% -37.51% -20.00% 0.00% 0.00% 0.00% 0.00% 0.00% -21.65% <-Median-> 10 Average Incr 5 Year Running
Dividends 5 Yr Running $1.28 $1.37 $1.47 $1.45 $1.40 $1.12 $0.80 $0.48 $0.25 $0.03 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -100.00% <-Total Growth 10 Dividends 5 Yr Running
Yield H/L Price 9.17% 10.97% 10.59% 8.70% 10.24% 3.41% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Yield H/L Price
Yield on High  Price 6.47% 9.11% 9.04% 7.24% 7.21% 1.86% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Yield on High  Price
Yield on Low Price 15.76% 13.78% 12.80% 10.88% 17.69% 20.52% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Yield on Low Price
Yield on Close Price 12.93% 9.41% 11.84% 8.68% 17.12% 15.63% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Yield on Close Price
Payout Ratio EPS 92.70% 211.36% 144.13% 162.82% -157.71% -1.37% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 DPR EPS
DPR EPS 5 Yr Running 114.90% 107.80% 109.15% 119.06% 197.51% -68.29% -43.92% -24.41% -11.97% -1.47% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.73% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS 3895.60% -215.53% 149.68% -239.83% -533.79% 25.48% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% #DIV/0! 0.00% <-Median-> 10 DPR CF
DPR CF 5 Yr Running -1653.50% 244.78% 399.81% 683.85% -2201.29% 3072.84% 163.57% 91.69% 30.50% 2.89% 0.00% 0.00% 0.00% 0.00% 0.00% #DIV/0! 16.70% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 44.90% 73.59% 72.61% 37.20% 83.28% -7.54% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% #DIV/0! 0.00% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running 51.58% 50.00% 55.59% 53.86% 57.21% 80.28% 55.95% 38.55% 28.93% 3.21% 0.00% 0.00% 0.00% 0.00% 0.00% #DIV/0! 33.74% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 10 Yr Med 10 Yr Cl 0.00% 0.00% 5 Yr Med 5 Yr Cl 0.00% 0.00% 5 Yr Med Payout 0.00% 0.00% 0.00% #NUM! <-IRR #YR-> 5 Dividends #DIV/0!
* Dividends per share  10 Yr Med and Cur. #DIV/0! #DIV/0! 5 Yr Med and Cur. #DIV/0! #DIV/0! Last Div Inc ---> $0.14 $0.00 -100.00% #NUM! <-IRR #YR-> 10 Dividends -100.00%
Dividends Growth 15 #NUM! <-IRR #YR-> 15 Dividends
Dividends Growth 5 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Dividends Growth 5
Dividends Growth 10 -$1.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Dividends Growth 10
Dividends Growth 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Dividends Growth 15
Historical Dividends Historical High Div 18.26% Low Div 0.00% Ave Div 9.13% Med Div 7.39% Close Div 8.68% Historical Dividends
High/Ave/Median Values Curr diff Exp. -100.00% #DIV/0! #DIV/0! Exp. -100.00% Exp. -100.00% Exp. -100.00% High/Ave/Median 
Future Dividend Yield Div Yd 0.00% earning in 5 Years at IRR of 0.00% Div Inc. #DIV/0! Future Dividend Yield
Future Dividend Yield Div Yd 0.00% earning in 10 Years at IRR of 0.00% Div Inc. #DIV/0! Future Dividend Yield
Future Dividend Yield Div Yd 0.00% earning in 15 Years at IRR of 0.00% Div Inc. #DIV/0! Future Dividend Yield
Yield if held 5 years 14.99% 15.61% 9.73% 5.94% 0.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Paid Median Price
Yield if held 10 years 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 7 Paid Median Price
Yield if held 15 years 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 2 Paid Median Price
Cost covered if held 5 years 64.33% 71.60% 61.74% 37.69% 33.00% 27.34% 15.81% 9.43% 1.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.62% <-Median-> 10 Paid Median Price
Cost covered if held 10 years 101.69% 94.88% 72.29% 38.43% 33.00% 27.34% 15.81% 9.43% 1.28% 0.00% 38.43% <-Median-> 7 Paid Median Price # Years
Cost covered if held 15 years 101.69% 94.88% 72.29% 38.43% 33.00% 98.29% <-Median-> 2 Paid Median Price 5
10
Graham No. $21.55 $13.91 $16.39 $11.25 $8.45 $3.98 $2.66 $2.07 $1.07 $2.18 $3.44 $3.50 $4.22 $5.58 $6.04 $6.40 -74.23% <-Total Growth 10 Graham Number 15
Price/GP Ratio Med 0.79 1.05 0.92 1.17 1.28 1.01 0.73 0.96 4.07 3.28 1.85 1.40 1.31 1.83 1.29 <-Median-> 10 Price/GP Ratio 16
Price/GP Ratio High 1.11 1.26 1.08 1.41 1.81 1.86 1.08 1.28 6.21 3.83 2.61 1.69 1.96 2.22 1.83 <-Median-> 10 Price/GP Ratio current
Price/GP Ratio Low 0.46 0.83 0.76 0.94 0.74 0.17 0.37 0.64 1.93 2.73 1.09 1.11 0.66 1.44 0.84 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 0.56 1.22 0.82 1.17 0.76 0.22 0.71 1.07 5.48 3.75 1.27 1.66 1.94 2.25 2.08 1.96 1.22 <-Median-> 10 Price/GP Ratio
Prem/Disc Close -44.26% 22.13% -17.55% 17.34% -23.63% -77.90% -29.28% 7.00% 447.73% 274.53% 26.73% 65.66% 93.97% 124.87% 107.77% 96.15% 22.04% <-Median-> 10 Graham Price
Price Close $12.01 $16.99 $13.51 $13.20 $6.45 $0.88 $1.88 $2.21 $5.86 $8.15 $4.36 $5.80 $8.19 $12.55 $12.55 $12.55 -39.38% <-Total Growth 10 Stock Price
Increase -49.83% 41.47% -20.48% -2.29% -51.14% -86.36% 113.64% 17.55% 165.16% 39.08% -46.50% 33.03% 41.21% 53.24% 0.00% 0.00% -18.33 <-Median-> 10 CAPE (10 Yr P/E)
P/E 7.17 22.45 12.17 18.77 -9.21 -0.09 -13.43 5.39 53.27 27.17 8.07 12.89 17.43 17.93 15.30 13.64 29.95% <-IRR #YR-> 5 Stock Price 270.59%
Trailing P/E 6.45 10.15 17.85 11.89 9.17 -1.26 -0.19 -15.79 14.29 74.09 14.53 10.74 18.20 26.70 17.93 15.30 -4.88% <-IRR #YR-> 10 Stock Price -39.38%
CAPE (10 Yr P/E) -45.93 -40.93 -33.79 -22.73 -13.93 -10.56 -8.57 -7.21 -7.12 -9.77 16.18 29.95% <-IRR #YR-> 5 Price & Dividend 270.59%
Median 10, 5 Yrs D.  per yr 1.97% 0.00% % Tot Ret 0.00% 0.00% T P/E 11.32 14.53 P/E:  10.48 17.43 -2.91% <-IRR #YR-> 10 Price & Dividend -21.71%
Price 15 D.  per yr 9.08% % Tot Ret 116.56% CAPE Diff -197.80% -1.29% <-IRR #YR-> 15 Stock Price -17.69%
Price  20 D.  per yr 8.41% % Tot Ret 130.49% -1.96% <-IRR #YR-> 16 Stock Price
Price & Dividend 15 7.79% <-IRR #YR-> 15 Price & Dividend 91.36%
Price & Dividend 20 6.44% <-IRR #YR-> 16 Price & Dividend
Price  5 -$2.21 $0.00 $0.00 $0.00 $0.00 $8.19 Price  5
Price 10 -$13.51 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.19 Price 10
Price & Dividend 5 -$2.21 $0.00 $0.00 $0.00 $0.00 $8.19 Price & Dividend 5
Price & Dividend 10 -$13.51 $1.15 $1.10 $0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.19 Price & Dividend 10
Price  15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.19 Price  15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.19 Price  20
Price & Dividend 15 $1.55 $1.60 $1.60 $1.15 $1.10 $0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.19 Price & Dividend 15
Price & Dividend 20 $1.55 $1.60 $1.60 $1.15 $1.10 $0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.19 Price & Dividend 20
Price H/L Median $16.93 $14.58 $15.10 $13.17 $10.78 $4.03 $1.93 $1.99 $4.36 $7.14 $6.37 $4.90 $5.54 $10.23 -63.31% <-Total Growth 10 Stock Price
Increase -8.88% -13.86% 3.57% -12.78% -18.15% -62.62% -52.11% 2.85% 119.40% 63.95% -10.85% -23.02% 13.06% 84.66% -9.54% <-IRR #YR-> 10 Stock Price -63.31%
P/E 10.11 19.27 13.61 18.72 -15.40 -0.40 -13.79 4.84 39.59 23.80 11.79 10.89 11.79 14.61 22.79% <-IRR #YR-> 5 Stock Price 179.09%
Trailing P/E 9.09 8.71 19.95 11.87 15.33 -5.76 -0.19 -14.18 10.62 64.91 21.22 9.07 12.31 21.77 -7.73% <-IRR #YR-> 10 Price & Dividend -47.50%
P/E on Run. 5 yr Ave 15.22 11.45 11.23 10.78 15.21 -2.46 -1.06 -1.02 -2.10 -3.81 26.09 13.54 14.81 20.79 22.79% <-IRR #YR-> 5 Price & Dividend 179.09%
P/E on Run. 10 yr Ave -15.39 -7.12 -6.50 -10.21 -12.26 -9.15 -6.74 -7.01 -12.93 10.89 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 1.81% 0.00% % Tot Ret -23.40% 0.00% T P/E 11.24 12.31 P/E:  11.34 11.79 Count 17 Years of data
-$15.10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5.54
-$1.99 $0.00 $0.00 $0.00 $0.00 $5.54
-$15.10 $1.15 $1.10 $0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5.54
-$1.99 $0.00 $0.00 $0.00 $0.00 $5.54
High Months Apr Dec Jan Mar Mar Mar Nov Nov Oct Dec Jan Nov Dec Oct
Price High $24.00 $17.55 $17.70 $15.81 $15.32 $7.39 $2.88 $2.64 $6.64 $8.34 $8.99 $5.90 $8.29 $12.40 -53.16% <-Total Growth 10 Stock Price
Increase -4.00% -26.88% 0.85% -10.68% -3.10% -51.76% -61.03% -8.33% 151.52% 25.60% 7.79% -34.37% 40.51% 49.58% -7.30% <-IRR #YR-> 10 Stock Price -53.16%
P/E 14.33 23.19 15.95 22.48 -21.89 -0.74 -20.57 6.44 60.36 27.80 16.65 13.11 17.64 17.71 25.72% <-IRR #YR-> 5 Stock Price 214.02%
Trailing P/E 12.89 10.48 23.39 14.25 21.78 -10.56 -0.29 -18.86 16.20 75.82 29.97 10.93 18.42 26.38 14.33 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 15.22 18.42 P/E:  14.88 17.64 22.76 P/E Ratio Historical High
-$17.70 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.29
-$2.64 $0.00 $0.00 $0.00 $0.00 $8.29
Low Months Dec Mar May Oct Nov Dec Jan Apr Jan Feb Dec Jan Mar Jan
Price Low $9.85 $11.61 $12.50 $10.53 $6.24 $0.67 $0.98 $1.33 $2.07 $5.94 $3.74 $3.90 $2.79 $8.06 -77.68% <-Total Growth 10 Stock Price
Increase -18.93% 17.87% 7.67% -15.76% -40.74% -89.26% 46.27% 35.71% 55.64% 186.96% -37.04% 4.28% -28.46% 188.89% -13.93% <-IRR #YR-> 10 Stock Price -77.68%
P/E 5.88 15.34 11.26 14.97 -8.91 -0.07 -7.00 3.24 18.82 19.80 6.93 8.67 5.94 11.51 15.97% <-IRR #YR-> 5 Stock Price 109.77%
Trailing P/E 5.29 6.93 16.52 9.49 8.87 -0.96 -0.10 -9.50 5.05 54.00 12.47 7.22 6.20 17.15 6.93 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 6.71 7.22 P/E:  6.43 8.67 -2.84 P/E Ratio Historical Low
-$12.50 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.79
$54 <-12 mths 13.43%
Free Cash Flow MS $9.00 -$7.87 -$6.36 $7.69 $11.07 $23.56 $23.25 $9.87 $4.22 $39.13 $47.26 $36.40 $31.70 $37.30 425.11% <-Total Growth 10 Free Cash Flow
Change -187.44% 19.19% 220.91% 43.95% 112.83% -1.32% -57.55% -57.24% 827.25% 20.78% -22.98% -12.91% 17.67% 14.94% <-IRR #YR-> 5 Free Cash Flow MS
FCF/CF from Op Ratio 0.65 1.27 1.83 0.81 0.41 0.76 0.75 0.65 0.33 0.78 0.88 0.87 0.71 #DIV/0! 18.04% <-IRR #YR-> 10 Free Cash Flow MS
Dividends paid $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 #DIV/0! <-Total Growth 5 Dividends paid
Percentage paid 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% $0.00 <-Median-> 6 Percentage paid
5 Year Coverage 0.00% 0.00% 0.00% 0.00% 0.00% 5 Year Covrage
Dividend Coverage Ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 <-Median-> 6 Dividend Coverage Ratio
5 Year of Coverage 0.00 0.00 0.00 0.00 0.00 5 Year of Coverage
$57 <-12 mths 15.74%
Free Cash Flow WSJ $13.38 $25.21 $25.32 $11.20 $5.67 $41.21 $49.59 $36.40 $31.70 $37.30 270.54% <-Total Growth 6 Free Cash Flow WSJ
Change 88.41% 0.43% -55.78% -49.39% 627.12% 20.33% -26.59% -12.91% 17.67% 14.48% <-IRR #YR-> 5 Free Cash Flow WSJ #DIV/0!
FCF/CF from Op Ratio 0.50 0.82 0.82 0.74 0.44 0.82 0.92 0.87 0.71 #DIV/0! 24.40% <-IRR #YR-> 6 Free Cash Flow WSJ 96.66%
Dividends paid $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 #DIV/0! <-Total Growth 6 Dividends paid
Percentage paid 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% $0.00 <-Median-> 7 Percentage paid
5 Year Coverage 0.00% 0.00% 0.00% 0.00% 0.00% 5 Year Covrage
Dividend Coverage Ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 <-Median-> 6 Dividend Coverage Ratio
5 Year of Coverage 0.00 0.00 0.00 0.00 0.00 5 Year of Coverage
Long Term Debt $63.42 $72.28 $73.18 $63.84 $75.55 $90.10 $43.19 $70.12 Debt
Change 13.96% 1.25% -12.77% 18.34% 19.26% -52.07% 62.37% 7.61% <-Median-> 6 Change
Debt/Market Cap Ratio 1.89 1.31 0.40 0.25 0.55 0.50 0.17 0.18 0.50 <-Median-> 7 Debt/Market Cap Ratio
Assets/Current Liabilities Ratio 2.23 2.48 2.40 2.62 2.97 3.15 1.97 2.60 2.48 <-Median-> 7 Assets/Current Liab Ratio
Debt to Cash Flow (Years) 2.35 2.34 2.37 4.22 5.90 1.80 0.80 1.67 2.35 <-Median-> 7 Debt to Cash Flow (Years)
Goodwill    $155.08 $166.80 $169.77 $157.79 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.38 Goodwill   
Tangibles $28.16 $28.20 $32.18 $30.41 $4.67 $5.32 $6.89 $7.67 $7.64 $8.09 $9.62 $11.36 $8.82 Tangibles
Goodwill & Intangibles $183.24 $195.00 $201.95 $188.20 $4.67 $5.32 $6.89 $7.67 $7.64 $8.09 $9.62 $14.74 $8.82 Intangibles Goodwill & Intangibles
Change 6.42% 3.56% -6.81% -97.52% 13.81% 29.60% 11.33% -0.43% 5.89% 18.93% 53.22% -40.18% 8.61% <-Median-> 10 Change
Intangible/Market Cap Ratio 0.85 1.12 1.17 1.73 0.30 0.16 0.12 0.04 0.03 0.06 0.05 0.06 0.02 0.09 <-Median-> 10 Intangible/Market Cap Ratio
Market Cap $135.6 $216.4 $174.6 $171.9 $108.7 $15.4 $33.5 $55.2 $182.8 $254.2 $136.1 $181.2 $256.1 $392.4 $392.4 $392.4 46.65% <-Total Growth 10 Stock Price
Change -46.81% 59.57% -19.32% -1.55% -36.79% -85.80% 116.99% 64.80% 231.22% 39.09% -46.45% 33.11% 41.32% 53.24% 0.00% 0.00% 36.10% <-Median-> 10 Change
Diluted # of Shares in Million 10.710 12.120 12.849 12.971 15.549 17.201 17.642 23.059 32.495 37.857 38.003 37.769 37.812 37.791 194.28% <-Total Growth 10 Diluted
Change 24.10% 13.17% 6.02% 0.95% 19.88% 10.62% 2.56% 30.71% 40.92% 16.50% 0.39% -0.62% 0.11% -0.06% 6.59% <-Median-> 10 Change
Difference Diluted/Basic 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 28.5% -22.0% -19.9% -17.6% -17.9% -17.3% -17.4% -17.3% -17.34% <-Median-> 10 Difference Diluted/Basic
Basic # of Shares in Millions 10.710 12.120 12.849 12.971 15.549 17.201 22.668 17.985 26.020 31.190 31.218 31.229 31.246 31.242 143.18% <-Total Growth 10 Basic
Change 24.10% 13.17% 6.02% 0.95% 19.88% 10.62% 31.78% -20.66% 44.68% 19.87% 0.09% 0.04% 0.05% -0.01% 5.79% <-Median-> 10 Change
Difference Basic/Outstanding 5.4% 5.1% 0.6% 0.4% 8.3% 1.9% -21.4% 38.8% 19.9% 0.0% 0.0% 0.0% 0.1% 0.1% 0.23% <-Median-> 10 Difference Basic/Outstanding
Class B Parnership Shares 0.000 5.026 5.074 6.282 6.282 6.282 6.282 6.282 6.282 16.73% Class B  Partnership 20.09%
$63.97 <-12 mths 19.19%
Class B 5.026 6.282 6.282 6.282 6.282 6.282 6.282 6.282 6.282 NCI Class B 16.73%
Common Shares 11.293 12.738 12.924 13.023 16.845 17.533 17.808 24.967 31.187 31.190 31.221 31.240 31.265
# of Share in Millions 11.293 12.738 12.924 13.023 16.845 17.533 17.808 24.967 31.187 31.190 31.221 31.240 31.265 31.265 31.265 31.265 9.24% <-IRR #YR-> 10 Shares 141.91%
Change 6.02% 12.80% 1.46% 0.76% 29.35% 4.08% 1.57% 40.20% 24.91% 0.01% 0.10% 0.06% 0.08% 0.00% 0.00% 0.00% 4.60% <-IRR #YR-> 5 Shares 25.23%
CF fr Op $M $0.5 -$9.5 $13.8 -$6.2 -$3.5 $9.5 $26.9 $30.8 $30.9 $15.1 $12.8 $50.2 $53.7 $41.9 $44.7 288.59% <-Total Growth 10 Cash Flow
Increase -96.40% -2201% 246.10% -145.03% 43.98% 371.58% 184.80% 14.39% 0.08% -50.93% -15.36% 291.46% 7.01% -21.94% 6.72% S. Issue Conv CL B shares DRIP, Conv of Debentures
5 year Running Average $1.2 $3.3 $4.0 $2.2 -$1.0 $0.8 $8.1 $11.5 $18.9 $22.6 $23.3 $28.0 $32.5 $34.7 $40.6 719.64% <-Total Growth 10 CF 5 Yr Running
CFPS $0.04 -$0.74 $1.07 -$0.48 -$0.21 $0.54 $1.51 $1.23 $0.99 $0.49 $0.41 $1.61 $1.72 $1.34 $1.43 60.64% <-Total Growth 10 Cash Flow per Share
Increase -96.61% -1963% 243.99% -144.69% 56.69% 360.93% 180.40% -18.41% -19.88% -50.93% -15.45% 291.22% 6.92% -21.94% 6.72% 14.54% <-IRR #YR-> 10 Cash Flow 288.59%
5 year Running Average -$0.08 $0.56 $0.37 $0.21 -$0.06 $0.04 $0.49 $0.52 $0.81 $0.95 $0.93 $0.95 $1.04 $1.11 $1.30 11.73% <-IRR #YR-> 5 Cash Flow 74.11%
P/CF on Med Price 424.74 -19.64 14.13 -27.58 -52.12 7.47 1.28 1.61 4.40 14.71 15.51 3.05 3.23 7.63 0.00 4.85% <-IRR #YR-> 10 Cash Flow per Share 60.64%
P/CF on Close 301.39 -22.89 12.64 -27.64 -31.19 1.63 1.24 1.79 5.92 16.79 10.62 3.61 4.77 9.37 8.78 6.81% <-IRR #YR-> 5 Cash Flow per Share 39.04%
179.54% Diff M/C 10.99% <-IRR #YR-> 10 CFPS 5 yr Running 183.69%
$64.00 <-12 mths 7.56%
Excl.Working Capital CF $38.6 $37.1 $14.7 $46.3 $25.8 -$41.4 $14.7 $0.9 $5.9 $26.2 $25.0 $6.3 $5.8 $0.0 $0.0 14.87% <-IRR #YR-> 5 CFPS 5 yr Running 100.03%
CF fr Op $M WC $39.0 $27.7 $28.5 $40.1 $22.3 -$32.0 $41.7 $31.7 $36.7 $41.3 $37.8 $56.4 $59.5 $41.9 $44.7 108.98% <-Total Growth 10 Cash Flow less WC
Increase 41.65% -29.08% 2.83% 40.81% -44.30% -243.11% 230.47% -24.00% 15.95% 12.37% -8.46% 49.25% 5.47% -29.59% 6.72% 7.65% <-IRR #YR-> 10 Cash Flow less WC 108.98%
5 year Running Average $21.7 $26.4 $29.3 $32.6 $31.5 $17.3 $20.1 $20.8 $20.1 $23.9 $37.8 $40.8 $46.3 $47.4 $48.1 13.43% <-IRR #YR-> 5 Cash Flow less WC 87.76%
CFPS Excl. WC $3.46 $2.17 $2.20 $3.08 $1.33 -$1.82 $2.34 $1.27 $1.18 $1.32 $1.21 $1.81 $1.90 $1.34 $1.43 4.69% <-IRR #YR-> 10 CF less WC 5 Yr Run 167.53%
Increase 33.60% -37.13% 1.35% 39.75% -56.94% -237.50% 228.45% -45.79% -7.17% 12.36% -8.55% 49.16% 5.38% -29.59% 6.72% 17.41% <-IRR #YR-> 5 CF less WC 5 Yr Run 123.16%
5 year Running Average $2.48 $2.75 $2.64 $2.70 $2.45 $1.39 $1.43 $1.24 $0.86 $0.86 $1.46 $1.36 $1.48 $1.52 $1.54 -1.45% <-IRR #YR-> 10 CFPS - Less WC -13.61%
P/CF on Med Price 4.90 6.71 6.85 4.28 8.13 -2.21 0.82 1.56 3.70 5.39 5.26 2.71 2.91 7.63 0.00 8.44% <-IRR #YR-> 5 CFPS - Less WC 49.94%
P/CF on Close 3.47 7.82 6.13 4.29 4.87 -0.48 0.80 1.74 4.97 6.16 3.60 3.21 4.30 9.37 8.78 -5.60% <-IRR #YR-> 10 CFPS 5 yr Running 6.66%
*Operational Cash Flow per share CF/-WC P/CF Med 10 yr 3.14 5 yr  4.40 P/CF Med 10 yr 3.30 5 yr  3.70 183.48% Diff M/C 3.69% <-IRR #YR-> 5 CFPS 5 yr Running 19.86%
-$1.07 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.72 Cash Flow per Share
-$1.23 $0.00 $0.00 $0.00 $0.00 $1.72 Cash Flow per Share
-$0.37 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.04 CFPS 5 yr Running
-$0.52 $0.00 $0.00 $0.00 $0.00 $1.04 CFPS 5 yr Running
-$28.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $59.5 Cash Flow less WC
-$31.7 $0.0 $0.0 $0.0 $0.0 $59.5 Cash Flow less WC
-$29.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $46.3 CF less WC 5 Yr Run
-$20.8 $0.0 $0.0 $0.0 $0.0 $46.3 CF less WC 5 Yr Run
-$2.20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.90 CFPS - Less WC
-$1.27 $0.00 $0.00 $0.00 $0.00 $1.90 CFPS - Less WC
-$2.64 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.48 CFPS 5 yr Running
-$1.24 $0.00 $0.00 $0.00 $0.00 $1.48 CFPS 5 yr Running
OPM 15.74% 10.12% 9.80% 12.06% 6.61% -11.10% 13.98% 9.69% 10.38% 11.42% 10.26% 14.97% 15.13% 9.61% 54.34% <-Total Growth 10 OPM
Increase -4.69% -35.73% -3.09% 23.05% -45.20% -267.84% 225.96% -30.69% 7.10% 10.11% -10.17% 45.86% 1.08% -36.50% Should increase  or be stable.
Diff from Median 44.4% -7.2% -10.1% 10.7% -39.3% -201.8% 28.2% -11.1% -4.8% 4.8% -5.8% 37.3% 38.8% -11.8% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 10.90% 5 Yrs 11.42% should be  zero, it is a   check on calculations
Current Assets $184.09 $220.67 $235.00 $268.06 $266.29 $216.81 $212.43 $217.22 $217.00 $218.86 $208.32 $204.93 $253.77 $256.28 Liquidity ratio of 1.5 and up, best
Current Liabilities $120.88 $120.27 $142.11 $111.23 $77.50 $108.21 $113.24 $103.12 $108.94 $97.69 $83.61 $101.13 $182.40 $135.84 2.07 <-Median-> 10 Ratio
Liquidity 1.52 1.83 1.65 2.41 3.44 2.00 1.88 2.11 1.99 2.24 2.49 2.03 1.39 1.89 2.03 <-Median-> 5 Ratio
Liq. with CF aft div 1.38 1.57 1.61 2.13 2.77 2.07 2.11 2.41 2.28 2.40 2.65 2.52 1.69 2.20 2.40 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  1.00 1.52 1.41 1.94 2.59 2.03 2.03 2.15 2.14 2.30 2.40 2.27 1.56 2.20 2.27 <-Median-> 5 Ratio
Assets $378.13 $416.56 $444.71 $481.86 $467.04 $242.26 $252.06 $255.24 $261.81 $256.32 $248.17 $318.30 $359.73 $352.93 Debt Ratio of 1.5 and up, best
Liabilities $190.07 $227.00 $263.43 $314.18 $283.89 $277.63 $290.71 $270.12 $241.60 $227.34 $206.17 $266.77 $290.47 $272.83 1.16 <-Median-> 10 Ratio
Debt Ratio 1.99 1.84 1.69 1.53 1.65 0.87 0.87 0.94 1.08 1.13 1.20 1.19 1.24 1.29 1.19 <-Median-> 5 Ratio
Total Book Value $188.06 $189.56 $181.28 $167.68 $183.16 -$35.37 -$38.65 -$14.88 $20.21 $28.98 $41.998 $51.538 $69.255 $80.10 -61.80% <-Total Growth 10 Book Value
NCI $48.92 $44.79 $42.33 $63.55 $52.92 $52.92 $1.31 $5.12 $5.78 $7.10 $11.59 $13.72 $16.55 $18.27 -60.91% <-Total Growth 10 NCI
Book Value $139.14 $144.76 $138.96 $104.14 $130.24 -$88.29 -$39.95 -$20.01 $14.42 $21.88 $30.413 $37.822 $52.708 $61.83 $61.83 $61.83 -62.07% <-Total Growth 10 Book Value
Book Value per share $12.32 $11.36 $10.75 $8.00 $7.73 -$5.04 -$2.24 -$0.80 $0.46 $0.70 $0.97 $1.21 $1.69 $1.98 $1.98 $1.98 -84.32% <-Total Growth 10 Book Value per Share
Change 1.65% -7.77% -5.39% -25.62% -3.32% -165.13% 55.45% 64.28% 157.72% 51.69% 38.86% 24.28% 39.25% 17.30% 0.00% 0.00% 157.28% P/B Ratio Current/10 Year Median
P/B Ratio (Median) 1.37 1.28 1.40 1.65 1.39 -0.80 -0.86 -2.48 9.42 10.18 6.53 4.05 3.29 5.17 1.39 P/B Ratio Historical Median
P/B Ratio (Close) 0.97 1.50 1.26 1.65 0.83 -0.17 -0.84 -2.76 12.67 11.62 4.48 4.79 4.86 6.35 6.35 6.35 -16.91% <-IRR #YR-> 10 Book Value -84.32%
Change -50.65% 53.38% -15.95% 31.37% -49.46% -120.95% -379.55% -229.11% 559.41% -8.32% -61.47% 7.03% 1.41% 30.63% 0.00% 0.00% #NUM! <-IRR #YR-> 5 Book Value 310.40%
Leverage (A/BK) 2.01 2.20 2.45 2.87 2.55 -6.85 -6.52 -17.15 12.96 8.84 5.91 6.18 5.19 4.41 4.03 <-Median-> 10 A/BV
Debt/Equity Ratio 1.01 1.20 1.45 1.87 1.55 -7.85 -7.52 -18.15 11.96 7.84 4.91 5.18 4.19 3.41 3.03 <-Median-> 10 Debt/Eq Ratio
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 2.47 5 yr Med 6.53 157.28% Diff M/C 2.20 Historical Leverage (A/BK)
-$10.75 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.69
$0.80 $0.00 $0.00 $0.00 $0.00 $1.69
$9.69 <-12 mths -31.21%
Comprehensive Income $17.317 $4.098 $10.302 $13.207 -$16.034 -$221.312 -$3.526 $8.409 $3.389 $7.854 $26.778 $12.730 $16.922 64.26% <-Total Growth 10 Comprehensive Income
NCI $0.000 $0.000 $0.000 $3.685 -$3.925 -$50.161 -$0.784 $1.850 $0.659 $1.317 $4.485 $2.131 $2.831
Shareholders $17.317 $4.098 $10.302 $9.522 -$12.109 -$171.151 -$2.742 $6.559 $2.730 $6.537 $22.293 $10.599 $14.091 36.78% <-Total Growth 10 Comprehensive Income
Increase 7.69% -76.34% 151.39% -7.57% -227.17% -1313.42% 98.40% 339.20% -58.38% 139.45% 241.03% -52.46% 32.95% 32.95% <-Median-> 5 Comprehensive Income
5 Yr Running Average $10.352 $11.655 $11.464 $5.826 -$31.868 -$33.236 -$33.984 -$35.343 -$31.613 $7.075 $9.744 $11.250 3.18% <-IRR #YR-> 10 Comprehensive Income 36.78%
ROE 9.2% 2.2% 5.7% 5.7% -6.6% 483.9% 7.1% -44.1% 13.5% 22.6% 53.1% 20.6% 20.3% 16.53% <-IRR #YR-> 5 Comprehensive Income 114.83%
5Yr Median 8.4% 8.4% 5.7% 5.7% 5.7% 5.7% 5.7% 7.1% 13.5% 13.5% 20.6% 20.6% -0.35% <-IRR #YR-> 10 5 Yr Running Average 93.10%
% Difference from NI -3.4% -55.3% -27.8% 4.4% 11.3% -1.0% 11.6% -11.1% -3.0% -30.9% 30.7% -24.4% -4.3% #NUM! <-IRR #YR-> 5 5 Yr Running Average 133.10%
Median Values Diff 5, 10 yr -2.0% -4.3% 20.6% <-Median-> 5 Return on Equity
-$10.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $14.1
-$6.6 $0.0 $0.0 $0.0 $0.0 $14.1
-$11.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $11.3
$34.0 $0.0 $0.0 $0.0 $0.0 $11.3
Current Liability Coverage Ratio 0.32 0.23 0.20 0.36 0.29 -0.30 0.37 0.31 0.34 0.42 0.45 0.56 0.33 0.31   CFO / Current Liabilities
5 year Median 0.32 0.32 0.32 0.32 0.29 0.23 0.29 0.31 0.31 0.34 0.37 0.42 0.42 0.42 0.42 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 10.32% 6.65% 6.40% 8.32% 4.78% -13.19% 16.54% 12.41% 14.03% 16.11% 15.23% 17.72% 16.54% 11.87% CFO / Total Assets
5 year Median 10.32% 10.32% 10.32% 8.32% 6.65% 6.40% 6.40% 8.32% 12.41% 14.03% 15.23% 15.23% 16.11% 16.11% 16.1% <-Median-> 5 Return on Assets 
Return on Assets ROA 4.74% 2.20% 3.21% 1.89% -2.33% -71.34% -0.98% 2.89% 1.07% 3.69% 6.87% 4.41% 4.09% 7.00% Net  Income/Assets Return on Assets
5Yr Median 4.74% 4.74% 4.74% 3.21% 2.20% 1.89% -0.98% -0.98% -0.98% 1.07% 2.89% 3.69% 4.09% 4.41% 4.1% <-Median-> 5 Asset Efficiency Ratio
Return on Equity ROE 9.53% 4.84% 7.87% 5.44% -5.94% 488.62% 6.36% -49.60% 13.93% 32.66% 40.62% 27.22% 21.26% 30.84% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 8.37% 8.37% 7.87% 5.44% 5.44% 6.36% 5.44% 6.36% 13.93% 13.93% 27.22% 27.22% 30.84% 27.2% <-Median-> 5 Return on Equity
$14.94 <-12 mths 1.49%
Net Income $17.926 $13.086 $19.83 $12.66 -$14.412 -$223.468 -$3.160 $9.463 $3.494 $11.372 $20.491 $16.849 $17.681
NCI $0.00 $3.92 $5.57 $3.531 -$3.528 -$50.649 -$0.702 $2.082 $0.680 $1.907 $3.432 $2.821 $2.958
Shareholders $17.926 $9.169 $14.260 $9.124 -$10.884 -$172.819 -$2.458 $7.381 $2.814 $9.465 $17.059 $14.028 $14.723 $24.7 $28.5 $32.3 3.25% <-Total Growth 10 Net Income
Increase 11.57% -48.85% 55.52% -36.02% -219.29% -1487.83% 98.58% 400.28% -61.88% 236.35% 80.23% -17.77% 4.95% 67.76% 15.38% 13.33% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $9.6 $11.5 $13.6 $13.3 $7.9 -$30.2 -$32.6 -$33.9 -$35.2 -$31.1 $6.9 $10.1 $11.6 $16.0 $19.8 $22.9 0.32% <-IRR #YR-> 10 Net Income 3.25%
Oper C. F. non-cash $39.04 $27.69 $28.47 $40.09 $22.33 -$31.96 $41.69 $31.69 $36.74 $41.29 $37.80 $56.41 $59.50 14.81% <-IRR #YR-> 5 Net Income 99.47%
Investment Cash Flow -$46.25 -$4.25 -$19.34 -$12.04 -$6.90 -$1.93 -$4.48 -$12.12 -$6.97 -$4.23 -$8.39 -$11.23 -$14.28 -1.55% <-IRR #YR-> 10 5 Yr Running Average 46.71%
Total Accruals $25.13 -$14.27 $5.13 -$18.93 -$26.32 -$138.93 -$39.67 -$12.19 -$26.96 -$27.59 -$12.35 -$31.16 -$30.50 #NUM! <-IRR #YR-> 5 5 Yr Running Average 134.24%
Total Assets $378.13 $416.56 $444.71 $481.86 $467.04 $242.26 $252.06 $255.24 $261.81 $256.32 $248.17 $318.30 $359.73 Balance Sheet Assets
Accruals Ratio 6.65% -3.42% 1.15% -3.93% -5.64% -57.35% -15.74% -4.77% -10.30% -10.76% -4.98% -9.79% -8.48% -9.79% <-Median-> 5 Ratio
EPS/CF Ratio 0.48 0.35 0.50 0.23 -0.53 5.51 -0.06 0.32 0.09 0.23 0.45 0.25 0.25 0.24 <-Median-> 10 EPS/CF Ratio
-$14.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $14.7
-$7.4 $0.0 $0.0 $0.0 $0.0 $14.7
-$13.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $11.6
$33.9 $0.0 $0.0 $0.0 $0.0 $11.6
Chge in Close -49.83% 41.47% -20.48% -2.29% -51.14% -86.36% 113.64% 17.55% 165.16% 39.08% -46.50% 33.03% 41.21% 53.24% 0.00% 0.00% Count 17 Years of data
up/down/neutral down up up up up up up Count 8 47.06%
Any Predictions? Yes Yes yes yes % right Count 5 62.50%
Financial Cash Flow $31.91 $15.06 $5.49 $16.77 $8.29 $0.87 -$18.31 -$22.12 -$23.13 -$9.27 -$4.68 -$30.91 -$22.08 C F Statement  Financial Cash Flow
Total Accruals -$6.77 -$29.33 -$0.36 -$35.70 -$34.61 -$139.80 -$21.36 $9.93 -$3.83 -$18.32 -$7.67 -$0.25 -$8.41 Accruals
Accruals Ratio -1.79% -7.04% -0.08% -7.41% -7.41% -57.71% -8.47% 3.89% -1.46% -7.15% -3.09% -0.08% -2.34% -2.34% <-Median-> 5 Ratio
Cash $8.88 $6.94 $3.66 $2.36 $0.00 $8.07 $10.34 $7.97 $8.01 $9.83 $9.46 $9.46 $9.46 $33.61 Cash
Cash Per share $0.79 $0.54 $0.28 $0.18 $0.00 $0.46 $0.58 $0.32 $0.26 $0.32 $0.30 $0.30 $0.30 $1.07 $0.30 <-Median-> 5 Cash per Share
Percentage of Stock Price 6.55% 3.21% 2.09% 1.37% 0.00% 52.28% 30.89% 14.44% 4.38% 3.87% 6.95% 5.22% 3.69% 8.56% 4.38% <-Median-> 5 % of Stock Price
Notes
October 29, 2021.  Last estimates were for 2020, 2021 and 2022 of 426M, $411M and $403M for Revenue, $0.58, $0.61 and $0.67 for EPS, 
0%, 0%, 0% for Dividends, $5, $16 and $16 for FCF, $0.09, $1.34 and $1.43 for CFPS and $19M, $19.8M and $24.6M for Net Income.
November 8, 2020.  Last estimates were for 2019 and 2020 of $377M, $386M for Revenue, $0.39 and $0.50 for EPS, 
$0.99 and $1.03 for CFPS and $14.3M and $18.1M for Net Income.
November 11, 2019, Last estimates were for 2018, 2019 and 2020 of $362M, $378M and $385M for EPS, $0.49, $0.53 and $0.56 for EPS, 
$0.49 and $0.49 for CFPS for 2018 and 2019 and $16.1M, $15.4M and $17M for Net Income.
November 17, 2018.  Last estimates were for 2017, 2018 and 2019 of $362M, $377M and $395M for Revenue, $0.43, $0.53 and $0.66 for EPS, 
$0.71 and $0.67 for CFPS for 2017 and 2018 and $14.2M, $16.2M and $22.M for Net Income.
November 18, 2017.  Last estimates were for 2016, 2017 and 2018 of $353M, $364M and $376M for Revenue, $0.29, $0.52 and $0.54 for EPS, 
$0.60 and $0.58 for CFPS for 2016 and 2017 and $4.67M, $14.5M and $16.8M for Net Income.
November 20, 2016.  Last estimates were for 2015, 2016 and 2017 of $323M, $334M and $348M for Revenue, $0.35, $0.34 and $0.46 for EPS, $0.79, $0.49 and $0.73 for CFPS, $4.42M, $8.98M and $14M for Net Income.
November 22, 2015.  Last estimates were for 2014, 2015 and 2016 of $331M, $319M and $534M Revenue, $0.19, $0.40 and $0.39 for EPS, $0.73, $0.75 and $0.66 CFPS, $4.5M, $7.5M and $10M for Net Income.
November 15, 2014.  Last Estimates were for 2013, 2014 and 2015 of $334M, 351.1M and $354M for Revenue, -$3.16, $0.50 and $0.52 for EPS, $0.62, $0.86 and $0.96 for CFPS.
October 27, 2013.  Last estimates were for 2012 and 2013 of $360M and $397M for revenue, $0.98 and $1.22 for EPS.
Sept 9, 2012.  Last estimates were for 2011 and 2012 at $329M and $360M for Revenue and $1.14 and $1.47 for EPS
First half of 2012 issued shares to be used to reduce debt.
May 15, 2011.  In setting up this spreadsheet, I am using Cash Flow excluding working capital.  
January 3, 2011, change from a partnership of IBI Income Fund (TSX-IBG.UN) to a corporation (TSX-IBG)
Prior to Jan 2011, this company had a partnership set up.
2009.  Some 63% of shares issued were for acquitions.
2007.  Shares issued 1/2 to (19%) acquisitions and debt repayment.
Class B shares Partnership Units are exchangeable for common Shares of the company on the basis of one share of the company for each Class B.
Class B sharesholders also hold an equal number of non-participating voting shares in the company.
The company issued Class B Partnership to IBI Group Management Partnership.  This was the entity that carried on the operations of the Fund prior to it’s the Fund’s acquisition.  
Firm started 1 Nov 1974. IPO 31 Aug  2004.
Sector
Services, Industrial
What should this stock accomplish?
This stock is more suited for people building a portfolio than people living off their portfolio.  Because it is an industrial, dividends are more likely to fluctuate.
Would I buy this company and Why.
I think it is a viable company, but it may take some time to recover.  The Book Value turned postive in 2016.
Dividends
As an income trust they had monthly dividends.  They were changing to a quarterly dividend in 2013 in a Cycle 3 mode.  Cycle 3 is March, June, September and December.  
They only paid one dividend in 2013 and then suspended their dividends.
Why am I following this stock. 
I have had this stock on my list to investigate for some time before I finally did in 2011.  What finally prompted me set up a spreadsheet on this stock was an investment report I read in March of 2011.  
How they make their money.
IBI Group Inc is a Canada based engineering services provider. The company plans, designs, implements, as well as offer other consulting services and buildings, and infrastructure business streams
software development for its intelligence.
Mainly an engineering infrastructure company.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
Copyright © 2008 Website of SPBrunner. All rights reserved.
IBI Group Inc is a Canada-based engineering services provider. The company plans, designs, implements, as well as offers other consulting services and software development for its intelligence, 
buildings, and infrastructure business segments. Its geographical segments are Canada, the United States, United Kingdom, and other International.   
Shares
IBI Group Management Partnership 0.32 1.02%
IBI Group Investment Partnership 3.64 11.66%
IBI Group L.P. 8.57 27.40%
40.08%
IBI Group Management Partnership
Class B Partnership units, exchangeable for common shares 1 for 1 5.03
Subordinate Voting Shares Non-Participating 5.26
Shares; '%, Value $M %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Change
Date 2013 Nov 15 2014 Nov 22 2015 Nov 20 2016 Nov 18 2017 Nov 17 2018 Nov 12 2019 Nov 08 2020 Oct 29 2021
Stewart, Scott 0.30% 0.083 0.47% 0.110 0.44% 0.256 0.82% 0.268 0.86% 0.298 0.95% 0.307 0.98% 0.307 0.98% 0.307 0.98% 0.00%
CEO - Shares - Amount $0.046 $0.156 $0.243 $1.500 $2.187 $1.299 $1.78 $2.52 $3.86
Options - percentage 0.00% 0.000 0.00% 0.062 0.25% 0.224 0.72% 0.358 1.15% 0.330 1.06% 0.526 1.68% 0.655 2.09% 0.595 1.90% -9.05%
Options - amount $0.000 $0.000 $0.137 $1.314 $2.921 $1.440 $3.05 $5.36 $7.47
Beinhaker, Philip not avail. not available  
CEO - Shares - Amount
Options - percentage
Options - amount
Taylor, Stephen 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% #DIV/0!
CFO - Shares - Amount $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.00 $0.00 $0.00
Options - percentage 0.00% 0.000 0.00% 0.000 0.00% 0.035 0.11% 0.075 0.24% 0.091 0.29% 0.126 0.40% 0.138 0.44% 0.153 0.49% 10.72%
Options - amount $0.000 $0.000 $0.000 $0.205 $0.609 $0.397 $0.73 $1.13 $1.92
Clayton, Carl Frank 0.061 0.19% 0.081 0.26% 0.081 0.26% 0.00%
Officer - Shares - Amount $0.35 $0.66 $1.01
Options - percentage 0.000 0.00% 0.003 0.01% 0.007 0.02% 133.33%
Options - amount $0.00 $0.02 $0.09
Kresak, Steven Ivan 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% #DIV/0!
Officer - Shares - Amount $0.000 $0.000 $0.000 $0.00 $0.00 $0.00
Options - percentage 0.010 0.03% 0.020 0.06% 0.025 0.08% 0.030 0.10% 0.037 0.12% 0.043 0.14% 17.81%
Options - amount $0.059 $0.163 $0.109 $0.17 $0.30 $0.54
Kamnitzer, David 0.00% 0.002 0.01%
Officer - Shares - Amount $0.000 $0.004
Options - percentage 0.00% 0.000 0.00%
Options - amount $0.000 $0.000
Chow, David 0.049 0.16% 0.040 0.85% Ceased Insider May 2018
Subsidiary Executives $0.286 $0.328
Options - percentage 0.010 0.03% 0.015 0.05%
Options - amount $0.059 $0.122
Baillie, Alistair William 0.11% 0.000 0.00% Ceased Insider May 2018
Subsidiary Executives $0.017 $0.000
Options - percentage 0.00% 0.010 0.04%
Options - amount $0.000 $0.021
Thom, David Maxwell 0.032 0.10% 0.040 0.13% Executive & Director
Director - Shares - Amount $0.26 $0.51
Options - percentage 0.283 0.91% 0.315 1.01%
Options - amount $2.32 $3.96
Krywiak, Claudia 0.000 0.00% 0.000 0.00% Still on Board #DIV/0!
Director - Shares - Amount $0.00 $0.00
Options - percentage 0.022 0.07% 0.028 0.09% 27.08%
Options - amount $0.18 $0.36
Bell, Lorraine Diane 0.010 0.04% 0.014 0.04% 0.014 0.04% 0.014 0.04% 0.014 0.04%
Director - Shares - Amount $0.022 $0.081 $0.112 $0.060 $0.08
Options - percentage 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.013 0.04% 0.034 0.11%
Options - amount $0.000 $0.000 $0.000 $0.058 $0.20
Beinhaker, Philip 0.79% 0.161 0.90% Ceased Insider May 2018
Director - Shares - Amount $0.122 $0.302
Options - percentage 0.00% 0.000 0.00%
Options - amount $0.000 $0.000
Nobrega, Michael 0.025 0.08% 0.028 0.09% 0.028 0.09% Chair in 2021 0.00%
Chairman- Shares - Amount $0.15 $0.23 $0.35
Options - percentage -0.050 -0.16% 0.080 0.25% 0.100 0.32% 25.05%
Options - amount -$0.29 $0.65 $1.25
Richmond, Dale Elson 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.019 0.06% 0.036 0.11% 0.046 0.15% 0.056 0.18% -100.00%
Chairman - Shares - Amt $0.000 $0.000 $0.000 $0.155 $0.16 $0.27 $0.46
Options - percentage 0.071 0.40% 0.197 0.79% 0.231 0.74% 0.257 0.83% 0.283 0.91% 0.299 0.96% 0.314 1.01% -100.00%
Options - amount $0.134 $0.435 $1.352 $2.097 $1.24 $1.73 $2.57
IBI Group Management Partnership 28.66% 0.599 1.92% 0.430 1.38% Updated Sep 2018
Shares - Amt $4.884 $1.88
Class B percentage 6.282 20.12%
Clas B amount $27.39
Nno-Voting Amt 6.282 100.00%
Non-Voting percentage $27.39
IBI Group Investment Partnership 28.66% 3.530 19.82% 3.540 14.18% 7.215 23.13% 6.705 21.46% 6.705 21.45% Updated Sep 2017 -100.00%
Shares - Amt $4.423 $6.637 $7.824 $58.805 $38.89 $54.92
Shares - percentage 6.282 20.14% B Class B #DIV/0!
Shares - amount $51.200 Non-Controlling Interest
Shares - percentage 6.282 20.14% NV Non-Voting
Shares - amount $51.200 Non-Controlling Interest
Subsidiary Executives 0.28% 0.000 0.00%
recent buys Apr to Jun & Sep $0.043 $0.000
Increase in O/S Shares 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.003 0.01% 0.031 0.10% 0.019 0.06% 0.025 0.08%
due to SO $0.000 $0.000 $0.000 $0.000 $0.000 $0.027 $0.134 $0.111 $0.205
Book Value $0.000 $0.000 $0.000 $0.000 $0.000 $0.012 $0.247 $0.599 $0.388
Insider Buying -$0.061 -$0.077 -$0.147 -$0.169 -$0.226 -$0.198 $0.000
Insider Selling $0.000 $0.050 $0.007 $0.143 $0.000 $0.000 $0.055
Net Insider Selling $0.082 -$0.061 -$0.027 -$0.140 -$0.026 -$0.226 -$0.198 $0.055
% of Market Cap 0.25% -0.11% -0.01% -0.06% -0.02% -0.12% -0.08% 0.01%
Directors 6 7 7 7 7 7 7 7
Women 14% 2 33% 3 43% 3 43% 2 29% 2 29% 2 29% 2 29% 3 43%
Minorities 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0%
Institutions/Holdings 7.04% 1 2.43% 6 3.00% 12 7.26% 15 32.08% 20 12.87% 20 19.70%
Total Shares Held 6.91% 0.433 2.43% 0.934 3.00% 2.264 7.26% 10.017 32.08% 4.021 12.86% 6.169 19.73%
Increase/Decrease -5.89% 0.000 0.00% 0.261 38.87% 0.002 0.09% 0.298 3.07% 0.041 1.04% -0.231 -3.62%
Starting No. of Shares 0.433 0.673 2.262 9.718 3.980 Top 20 MS 6.401 Top 20 MS