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Savaria Corporation TSX: SIS OTC: SISXF http://www.savaria.com Fiscal Yr: Dec 31 Q1 2017
Year 12/31/05 12/31/06 12/31/07 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 Value Description #Y Item Total G
Accounting Rules C GAAP C GAAP IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
$124.6 <-12 mths 4.10%
Revenue* $39.3 $59.2 $57.5 $54.7 $55.2 $65.2 $65.3 $66.7 $75.7 $82.9 $95.3 $119.7 $188 $260 $280 102.08% <-Total Growth 10 Revenue
Increase 77.55% 50.93% -2.92% -4.88% 0.84% 18.24% 0.06% 2.24% 13.49% 9.47% 14.90% 25.68% 57.02% 38.30% 7.69% 7.29% <-IRR #YR-> 10 Revenue 102.08%
5 year Running Average $21.3 $30.9 $39.1 $46.6 $53.2 $58.4 $59.6 $61.4 $65.6 $71.2 $77.2 $88.1 $112.3 $149.2 $188.6 12.90% <-IRR #YR-> 5 Revenue 83.42%
Revenue per Share $1.32 $2.07 $2.06 $2.01 $2.49 $2.96 $2.85 $2.91 $3.24 $2.81 $2.92 $3.39 $4.98 $6.88 $7.41 11.04% <-IRR #YR-> 10 5 yr Running Average 184.99%
Increase -6.56% 57.14% -0.53% -2.53% 23.97% 19.00% -3.72% 2.11% 11.06% -13.29% 4.23% 15.82% 46.91% 38.30% 7.69% 8.13% <-IRR #YR-> 5 5 yr Running Average 47.82%
5 year Running Average $1.24 $1.43 $1.60 $1.77 $1.99 $2.32 $2.47 $2.65 $2.89 $2.95 $2.95 $3.05 $3.47 $4.19 $5.12 5.04% <-IRR #YR-> 10 Revenue Per share 63.47%
P/S (Price/Sales) Med 1.43 0.91 0.77 0.42 0.30 0.40 0.54 0.47 0.67 1.31 1.76 2.55 2.78 0.02 0.00 3.49% <-IRR #YR-> 5 Revenue Per share 18.71%
P/S (Price/Sales) Close 1.48 0.97 0.58 0.25 0.34 0.53 0.50 0.54 0.91 1.55 1.88 3.21 3.01 2.18 2.27 7.90% <-IRR #YR-> 10 5 yr Running Average 114.00%
*Revenue in M CDN $  P/S Med 10 yr  0.61 5 yr  1.31 397.36% Diff M/C 4.29% <-IRR #YR-> 5 5 yr Running Average 23.35%
-$59.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $119.7
-$65.3 $0.0 $0.0 $0.0 $0.0 $119.7
-$30.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $88.1
-$59.6 $0.0 $0.0 $0.0 $0.0 $88.1
-$2.07 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.39
-$2.85 $0.00 $0.00 $0.00 $0.00 $3.39
$0.36 <-12 mths 5.88%
EPS Basic $0.12 $0.07 -$0.01 $0.06 $0.09 $0.11 $0.09 $0.07 $0.23 $0.23 $0.28 $0.36 453.85% <-Total Growth 10 EPS Basic
EPS Diluted* $0.11 $0.06 -$0.01 $0.06 $0.09 $0.11 $0.09 $0.07 $0.23 $0.23 $0.28 $0.34 $0.51 $0.75 $0.84 431.25% <-Total Growth 10 EPS Diluted
Increase 12.85% -40.74% -117% -618.18% 56.14% 23.60% -18.18% -22.22% 228.57% 0.00% 21.74% 21.43% 50.00% 47.06% 12.00% 18.18% <-IRR #YR-> 10 Earnings per Share 431.25%
Earnings Yield 5.5% 3.2% -0.9% 11.2% 10.5% 7.0% 6.3% 4.5% 7.8% 5.3% 5.1% 3.1% 3.4% 5.0% 5.0% 30.45% <-IRR #YR-> 5 Earnings per Share 277.78%
5 year Running Average $0.10 $0.09 $0.07 $0.06 $0.06 $0.06 $0.07 $0.08 $0.12 $0.15 $0.18 $0.23 $0.32 $0.42 $0.54 9.69% <-IRR #YR-> 10 5 yr Running Average 152.08%
10 year Running Average $0.08 $0.08 $0.08 $0.08 $0.09 $0.10 $0.12 $0.15 $0.20 $0.27 $0.35 27.98% <-IRR #YR-> 5 5 yr Running Average 243.28%
* Diluted ESP per share  E/P 10 Yrs 5.81% 5Yrs 5.08%
-$0.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.34
-$0.09 $0.00 $0.00 $0.00 $0.00 $0.34
-$0.09 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.23
-$0.07 $0.00 $0.00 $0.00 $0.00 $0.23
Dividends paid
Per share 
Special Dividend $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.06 $0.11 $0.00 $0.00 $0.00 $0.00 $0.00 0.00% <-Median-> 10 Special Dividend
Special Dividend Yield H/L Price 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.77% 2.99% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Yield H/L Price
Total Div Yield on H/L Price 1.33% 1.17% 5.19% 7.46% 4.08% 7.06% 7.77% 6.91% 6.47% 6.53% 3.30% 2.49% 1.88% 0.00% 0.00% 6.50% <-Median-> 10 Dividends
Dividend* $0.03 $0.02 $0.08 $0.06 $0.03 $0.08 $0.12 $0.09 $0.08 $0.13 $0.17 $0.215 $0.260 $0.260 $0.260 877.27% <-Total Growth 10 Dividends
Increase -12.00% 272.73% -23.17% -52.38% 180.00% 42.86% -21.67% -14.89% 62.50% 30.77% 26.47% 20.93% 0.00% 0.00% Count 16 Years of data
Dividends 5 Yr Running $0.02 $0.01 $0.03 $0.04 $0.04 $0.06 $0.08 $0.08 $0.09 $0.14 $0.15 $0.17 $0.21 $0.23 $0.23 1727.66% <-Total Growth 10 Dividends 5 Yr Running
Yield H/L Price 1.33% 1.17% 5.19% 7.46% 4.08% 7.06% 7.77% 6.91% 3.70% 3.54% 3.30% 2.49% 1.88% 4.64% <-Median-> 10 Yield H/L Price
Yield on High  Price 1.10% 1.05% 3.81% 5.29% 3.26% 5.25% 6.70% 5.70% 2.71% 2.99% 2.74% 1.73% 1.50% 3.54% <-Median-> 10 Yield on High  Price
Yield on Low Price 1.69% 1.33% 8.12% 12.60% 5.45% 10.77% 9.23% 8.79% 5.80% 4.33% 4.15% 4.43% 2.53% 6.96% <-Median-> 10 Yield on Low Price
Yield on Close Price 1.28% 1.10% 6.83% 12.35% 3.53% 5.32% 8.45% 6.03% 2.71% 2.99% 3.09% 1.98% 1.74% 1.74% 1.55% 4.42% <-Median-> 10 Yield on Close Price
Payout Ratio EPS 23.15% 34.38% -745% 110.53% 33.71% 76.36% 133.33% 134.29% 60.87% 104.35% 60.71% 63.24% 50.98% 34.67% 30.95% 69.80% <-Median-> 10 DPR EPS
DPR EPS 5 Yr Running 10.30% 37.70% 61.20% 72.31% 90.94% 113.13% 93.99% 79.46% 92.88% 84.89% 74.70% 64.47% 54.27% 42.83% 82.17% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS -68.68% 37.94% 100.96% 180.46% 16.95% 55.74% 66.24% 44.37% 47.03% 76.99% 45.66% 42.03% 51.63% #VALUE! #DIV/0! 51.39% <-Median-> 10 DPR CF
DPR CF 5 Yr Running 10.82% 30.49% 50.37% 70.54% 56.00% 60.64% 51.75% 45.96% 58.80% 55.57% 50.38% 51.33% #VALUE! #DIV/0! 53.66% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 21.63% 12.39% 141.00% 59.41% 15.89% 35.41% 92.98% 48.91% 35.39% 62.77% 50.15% 47.75% 51.63% #VALUE! #DIV/0! 49.53% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running 5.92% 19.05% 29.80% 34.36% 36.60% 52.69% 45.82% 40.95% 50.73% 53.12% 48.82% 49.50% #VALUE! #DIV/0! 43.39% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 5 Yr Med 5 Yr Cl 3.54% 2.99% 5 Yr Med Payout 63.24% 45.66% 48.91% 25.60% <-IRR #YR-> 10 Dividends 877.27%
* Dividends per share  5 Yr Med and Cur. -50.93% -41.92% Last Div Inc ---> $0.050 $0.065 30.0% 12.37% <-IRR #YR-> 5 Dividends 79.17%
-$0.02 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.22
-$0.12 $0.00 $0.00 $0.00 $0.00 $0.22
Historical Dividends Historical High Div 12.05% Low Div 1.06% Ave Div 6.56% Med Div 3.89% Close Div 3.31% Historical Dividends
High/Ave/Median Values Curr diff Exp. -85.60%     63.74% Exp. -73.52% Exp. -55.38% Exp. -47.52% High/Ave/Median 
Future Div Yield Div Yd 2.83% earning in 10.00 Years at IRR of 5.00% Div Inc. 62.89% Future Div Yield
Future Div Yield Div Yd 3.61% earning in 15.00 Years at IRR of 5.00% Div Inc. 107.89% Future Div Yield
Yield if held 5 yrs 2.84% 4.00% 2.37% 1.74% 4.47% 6.40% 5.95% 9.47% 17.69% 14.29% 13.92% 19.12% 12.01% 7.07% 6.17% <-Median-> 10 Paid Median Price
Yield if held 10 yrs 15.48% 4.59% 3.01% 7.56% 9.04% 11.47% 16.46% 30.77% 35.37% 8.30% <-Median-> 6 Paid Median Price
Yield if held 15 yrs 27.74% 12.68% 9.77% 15.12% 27.74% <-Median-> 1 Paid Median Price
Yield if held 20 yrs #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Yield if held 25 yrs #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 5 years 6.06% 6.29% 7.22% 12.91% 14.95% 20.21% 24.75% 55.38% 92.24% 64.20% 55.60% 75.37% 52.89% 31.70% 22.48% <-Median-> 10 Paid Median Price
Cost covered if held 10 years 54.97% 25.37% 24.81% 52.33% 55.59% 66.03% 89.62% 190.89% 250.75% 53.65% <-Median-> 6 Paid Median Price
Cost covered if held 15 years 165.81% 75.37% 67.86% 120.06% 165.81% <-Median-> 1 Paid Median Price
Cost covered if held 20 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Graham No. $1.48 $1.15 $1.08 $0.92 $1.37 $1.60 $1.34 $1.15 $2.11 $2.53 $3.08 $4.24 $5.27 $6.39 $6.77 267.98% <-Total Growth 10 Graham Price
Price/GP Ratio Med 1.27 1.63 1.46 0.92 0.54 0.75 1.16 1.18 1.02 1.45 1.67 2.04 2.62 1.17 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 1.54 1.82 1.99 1.30 0.67 1.00 1.34 1.44 1.39 1.72 2.01 2.93 3.30 1.42 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 1.00 1.43 0.93 0.55 0.40 0.49 0.97 0.93 0.65 1.19 1.33 1.14 1.95 0.93 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 1.32 1.74 1.11 0.56 0.62 0.99 1.06 1.36 1.39 1.72 1.79 2.57 2.84 2.34 2.48 1.23 <-Median-> 10 Price/GP Ratio
Prem/Disc Close 31.93% 73.68% 11.08% -44.35% -37.99% -0.96% 6.35% 35.70% 39.49% 72.17% 78.61% 156.52% 184.10% 134.28% 148.27% 23.39% <-Median-> 10 Graham Price
Month, Year Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19
Price Close $1.95 $2.00 $1.20 $0.51 $0.85 $1.58 $1.42 $1.56 $2.95 $4.35 $5.51 $10.87 $14.98 $14.98 $16.80 443.50% <-Total Growth 10 Stock Price
Increase 15.38% 2.56% -40.00% -57.50% 66.67% 85.88% -10.13% 9.86% 89.10% 47.46% 26.67% 97.28% 37.81% 0.00% 12.15% 18.45% <-IRR #YR-> 10 Stock Price 443.50%
P/E 18.06 31.25 -109.09 8.95 9.55 14.36 15.78 22.29 12.83 18.91 19.68 31.97 29.37 19.97 20.00 50.24% <-IRR #YR-> 5 Stock Price 665.49%
Trailing P/E 20.38 18.52 18.75 -46.36 14.91 17.75 12.91 17.33 42.14 18.91 23.96 38.82 44.06 29.37 22.40 21.07% <-IRR #YR-> 10 Price & Dividend
Median 10, 5 Yrs D.  per yr 2.62% 5.51% % Tot Ret 12.46% 9.88% T P/E 23.96 P/E:  15.07 19.68 55.75% <-IRR #YR-> 5 Price & Dividend
-$2.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.87
-$1.42 $0.00 $0.00 $0.00 $0.00 $10.87
-$2.00 $0.08 $0.06 $0.03 $0.08 $0.12 $0.09 $0.14 $0.24 $0.17 $11.09
-$1.42 $0.09 $0.14 $0.24 $0.17 $11.09
Price H/L Median $1.88 $1.88 $1.58 $0.85 $0.74 $1.19 $1.55 $1.36 $2.17 $3.68 $5.16 $8.64 $13.83 12.15% 360.53% <-Total Growth 10 Stock Price
Increase 9.30% -0.27% -15.73% -46.52% -13.02% 61.90% 29.83% -11.97% 59.19% 69.75% 40.27% 67.51% 60.16% 1.74% 16.50% <-IRR #YR-> 10 Stock Price 360.53%
P/E 17.41 29.30 -143.64 14.82 8.26 10.82 17.17 19.43 9.41 15.98 18.41 25.40 27.12 13.89% 41.08% <-IRR #YR-> 5 Stock Price 458.90%
Trailing P/E 19.64 17.36 24.69 -76.82 12.89 13.37 14.05 15.11 30.93 15.98 22.41 30.84 40.68 19.73% <-IRR #YR-> 10 Price & Dividend
P/E on Run. 5 yr Ave 18.32 20.55 23.09 13.47 11.97 19.26 23.06 16.35 18.38 25.17 28.64 37.54 43.49 46.69% <-IRR #YR-> 5 Price & Dividend
P/E on Run. 10 yr Ave 9.77 14.48 19.53 17.94 23.98 35.44 42.64 58.15 68.94 17.29 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 3.23% 5.61% % Tot Ret 16.35% 12.01% T P/E 22.41 P/E:  15.40 18.41 Count 16 Years of data
-$1.88 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.64
-$1.55 $0.00 $0.00 $0.00 $0.00 $8.64
-$1.88 $0.08 $0.06 $0.03 $0.14 $0.23 $0.09 $0.08 $0.13 $0.17 $8.85
-$1.55 $0.09 $0.14 $0.24 $0.17 $8.85
High Months Oct Jan Jan Jan Oct Dec Apr Sep Dec Dec Jul Oct Jun
Price High $2.28 $2.10 $2.15 $1.19 $0.92 $1.60 $1.79 $1.65 $2.95 $4.35 $6.21 $12.42 $17.39 491.43% <-Total Growth 10 Stock Price
Increase 16.92% -7.89% 2.38% -44.65% -22.69% 73.91% 11.88% -7.82% 78.79% 47.46% 42.76% 100.00% 40.02% 19.45% <-IRR #YR-> 10 Stock Price 491.43%
P/E 21.11 32.81 -195.45 20.88 10.34 14.55 19.89 23.57 12.83 18.91 22.18 36.53 34.10 47.32% <-IRR #YR-> 5 Stock Price 593.85%
Trailing P/E 23.82 19.44 33.59 -108.18 16.14 17.98 16.27 18.33 42.14 18.91 27.00 44.36 51.15 20.63 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 27.00 P/E:  19.40 22.18 32.31 P/E Ratio Historical High
-$2.10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $12.42
-$1.79 $0.00 $0.00 $0.00 $0.00 $12.42
Low Months Apr Oct Nov Dec Mar Jan Sep May Feb Jul Jan Jan Feb
Price Low $1.48 $1.65 $1.01 $0.50 $0.55 $0.78 $1.30 $1.07 $1.38 $3.00 $4.10 $4.85 $10.27 193.94% <-Total Growth 10 Stock Price
Increase -0.67% 11.49% -38.79% -50.50% 10.00% 41.82% 66.67% -17.69% 28.97% 117.39% 36.67% 18.29% 111.75% 11.38% <-IRR #YR-> 10 Stock Price 193.94%
P/E 13.70 25.78 -91.82 8.77 6.18 7.09 14.44 15.29 6.00 13.04 14.64 14.26 20.14 30.12% <-IRR #YR-> 5 Stock Price 273.08%
Trailing P/E 15.46 15.28 15.78 -45.45 9.65 8.76 11.82 11.89 19.71 13.04 17.83 17.32 30.21 13.37 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 17.32 P/E:  10.91 14.26 6.07 P/E Ratio Historical Low
-$1.65 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.85
Long Term Debt $12.52 $17.25 $17.29 $16.40 Debt
Change 37.78% 0.23% -5.14% 19.01% <-Median-> 2 Change
Ratio to Market Cap 0.10 0.10 0.04 0.03 0.10 <-Median-> 3 Debt/Market Cap Ratio
Goodwill & Intangibles $3.26 $1.73 $1.73 $1.59 $1.90 $8.00 $6.85 $6.19 $5.73 $9.91 $10.17 $12.05 $16.44 Intangibles Goodwill
Change 244.22% -46.73% -0.35% -8.05% 19.30% 321.82% -14.40% -9.62% -7.42% 73.02% 2.62% 18.43% 36.45% 1.14% <-Median-> 10 Change
Ratio to Market Cap 0.06 0.03 0.05 0.11 0.10 0.23 0.21 0.17 0.08 0.08 0.06 0.03 0.03 0.09 <-Median-> 10 Intangible/Market Cap Ratio
Market Cap $58.1 $57.2 $33.5 $13.9 $18.8 $34.8 $32.5 $35.7 $69.1 $128.6 $179.5 $384.3 $566.1 $566.1 $634.8 571.89% <-Total Growth 10 Market Cap
Diluted # of Shares in Million 24.28 29.67 28.37 27.30 24.41 22.87 23.25 23.12 23.44 28.07 32.45 35.92 21.05% <-Total Growth 10 Diluted
Change 5.43% 22.21% -4.38% -3.78% -10.58% -6.32% 1.65% -0.56% 1.42% 19.73% 15.59% 10.69% 0.00 <-Median-> 10 Change
Basic # of Shares in Millions 21.14 29.45 28.28 27.30 25.40 22.65 22.88 22.90 23.14 27.80 31.45 34.27 16.35% <-Total Growth 10 Average
Change 34.46% 39.33% -3.97% -3.48% -6.96% -10.82% 0.99% 0.10% 1.06% 20.14% 13.12% 8.98% 0.01 <-Median-> 10 Change
Difference 40.84% -2.91% -1.31% -0.21% -12.76% -2.79% 0.03% 0.05% 1.17% 6.31% 3.60% 3.16% 0.00 <-Median-> 10 Difference
$19.03 <-12 mths 19.54%
# of Share in Millions 29.774 28.598 27.912 27.241 22.158 22.018 22.881 22.910 23.411 29.555 32.580 35.354 37.788 37.788 37.788 2.14% <-IRR #YR-> 10 Shares 23.62%
Increase 90.02% -3.95% -2.40% -2.41% -18.66% -0.63% 3.92% 0.13% 2.19% 26.24% 10.24% 8.52% 6.88% 0.00% 0.00% 9.09% <-IRR #YR-> 5 Shares 54.51%
CF fr Op $M -$1.1 $1.7 $2.3 $1.0 $3.9 $3.3 $4.1 $4.9 $7.0 $9.2 $12.1 $18.1 $19.0 <-12 mths 990.67% <-Total Growth 10 Cash Flow
Increase -128.41% 253.00% 36.73% -58.05% 312.37% -15.39% 24.93% 17.10% 43.57% 32.20% 31.65% 49.11% 5.23% <-12 mths S. Issues Buy Backs S.O.  Share Conv.
5 year Running Average $1.4 $1.4 $1.6 $1.5 $1.5 $2.4 $2.9 $3.4 $4.6 $5.7 $7.5 $10.3 $13.1 <-12 mths 649.06% <-Total Growth 10 CF 5 Yr Running
CFPS -$0.04 $0.06 $0.08 $0.03 $0.18 $0.15 $0.18 $0.21 $0.30 $0.31 $0.37 $0.51 $0.50 <-12 mths 782.26% <-Total Growth 10 Cash Flow per Share
Increase -114.95% 259.29% 40.09% -57.02% 406.95% -14.85% 20.22% 16.96% 40.50% 4.72% 19.43% 37.40% -1.55% <-12 mths 26.99% <-IRR #YR-> 10 Cash Flow 990.67%
5 year Running Average $0.11 $0.09 $0.08 $0.08 $0.06 $0.10 $0.12 $0.15 $0.20 $0.23 $0.27 $0.34 $0.40 <-12 mths 34.26% <-IRR #YR-> 5 Cash Flow 336.31%
P/CF on Med Price -51.65 32.34 19.45 24.20 4.15 7.90 8.53 6.42 7.27 11.79 13.85 16.88 27.46 <-12 mths 24.33% <-IRR #YR-> 10 Cash Flow per Share 782.26%
P/CF on Closing Price -53.57 34.49 14.77 14.61 4.80 10.48 7.84 7.36 9.91 13.95 14.80 21.25 29.75 <-12 mths 23.07% <-IRR #YR-> 5 Cash Flow per Share 182.38%
192.81% Diff M/C 14.65% <-IRR #YR-> 10 CFPS 5 yr Running 292.57%
Excl.Working Capital CF $4.5 $3.4 -$0.6 $1.9 $0.3 $1.9 -$1.2 -$0.5 $2.3 $2.1 -$1.1 -$2.2 $0.0 <-12 mths 22.23% <-IRR #YR-> 5 CFPS 5 yr Running 172.84%
CF fr Op $M WC $3.4 $5.1 $1.6 $2.9 $4.2 $5.2 $3.0 $4.4 $9.3 $11.3 $11.0 $15.9 $19.0 <-12 mths 213.52% <-Total Growth 10 Cash Flow less WC
Increase 17.44% 47.52% -68.03% 77.95% 44.80% 24.88% -43.47% 49.10% 110.36% 22.00% -2.26% 44.13% 19.54% <-12 mths 12.11% <-IRR #YR-> 10 Cash Flow less WC 213.52%
5 year Running Average $2.5 $3.2 $3.1 $3.2 $3.4 $3.8 $3.4 $3.9 $5.2 $6.6 $7.8 $10.4 $13.3 <-12 mths 40.07% <-IRR #YR-> 5 Cash Flow less WC 439.08%
CFPS Excl. WC $0.12 $0.18 $0.06 $0.11 $0.19 $0.24 $0.13 $0.19 $0.40 $0.38 $0.34 $0.45 $0.50 <-12 mths 12.50% <-IRR #YR-> 10 CF less WC 5 Yr Run 224.77%
Increase -38.20% 53.59% -67.24% 82.33% 78.01% 25.68% -45.60% 48.92% 105.85% -3.36% -11.33% 32.82% 11.84% <-12 mths 25.21% <-IRR #YR-> 5 CF less WC 5 Yr Run 207.80%
5 year Running Average $0.15 $0.16 $0.14 $0.13 $0.13 $0.15 $0.14 $0.17 $0.23 $0.27 $0.29 $0.35 $0.41 <-12 mths 9.75% <-IRR #YR-> 10 CFPS - Less WC 153.61%
P/CF on Med Price 16.26 10.56 27.17 7.97 3.89 5.02 11.97 7.08 5.47 9.61 15.21 19.18 27.46 <-12 mths 28.39% <-IRR #YR-> 5 CFPS - Less WC 248.89%
P/CF on Closing Price 16.87 11.26 20.63 4.81 4.50 6.66 11.00 8.12 7.46 11.38 16.25 24.14 29.75 <-12 mths 8.28% <-IRR #YR-> 10 CFPS 5 yr Running 121.56%
*Operational Cash Flow per share CF/-WC P/CF Med 10 yr 10.16 5 yr  11.79 P/CF Med 10 yr 8.79 5 yr  9.61 238.40% Diff M/C 19.59% <-IRR #YR-> 5 CFPS 5 yr Running 144.62%
-$0.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.51 Cash Flow per Share
-$0.18 $0.00 $0.00 $0.00 $0.00 $0.51 Cash Flow per Share
-$0.09 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.34 CFPS 5 yr Running
-$0.12 $0.00 $0.00 $0.00 $0.00 $0.34 CFPS 5 yr Running
-$5.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $15.9 Cash Flow less WC
-$3.0 $0.0 $0.0 $0.0 $0.0 $15.9 Cash Flow less WC
-$3.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $10.4 CF less WC 5 Yr Run
-$3.4 $0.0 $0.0 $0.0 $0.0 $10.4 CF less WC 5 Yr Run
-$0.18 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.45 CFPS - Less WC
-$0.13 $0.00 $0.00 $0.00 $0.00 $0.45 CFPS - Less WC
OPM -2.76% 2.80% 3.94% 1.74% 7.11% 5.09% 6.35% 7.27% 9.20% 11.11% 12.73% 15.11% 439.72% <-Total Growth 10 OPM
Increase -116.00% 201.37% 40.83% -55.90% 308.94% -28.45% 24.86% 14.54% 26.50% 20.77% 14.58% 18.64% Should increase  or be stable.
Diff from Median -138.4% -61.1% -45.2% -75.8% -1.2% -29.3% -11.7% 1.2% 28.0% 54.5% 77.1% 110.1% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 7.19% 5 Yrs 11.11% should be  zero, it is a   check on calculations
Current Assets $25.6 $29.6 $25.4 $28.5 $27.6 $33.9 $30.1 $28.5 $28.9 $46.1 $61.6 $90.2 $92.5 Liquidity ratio of 1.5 and up, best
Current Liabilities $10.6 $8.9 $15.0 $12.4 $9.9 $14.5 $13.7 $13.9 $14.2 $18.5 $24.5 $26.6 $26.1 2.32 <-Median-> 10 Ratio
Liquidity Ratio 2.41 3.33 1.69 2.30 2.81 2.34 2.19 2.05 2.04 2.49 2.51 3.39 3.54 2.49 <-Median-> 5 Ratio
Liq. with CF aft div 2.26 3.44 1.69 2.24 3.14 2.44 2.30 2.24 2.30 2.61 2.78 3.79 3.89 2.61 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  1.28 3.44 1.45 2.24 2.76 2.33 2.23 1.30 2.09 2.19 2.06 2.61 3.89 2.09 <-Median-> 5 Ratio
Curr Long Term Debt $0.681 $0.161 $0.244 $1.233 $1.845 $3.328 $4.877 $3.619 $2.864 $2.833 $2.980 $3.436 $3.422
Liquidity Less CLTD 2.58 3.39 1.72 2.55 3.45 3.04 3.40 2.77 2.56 2.94 2.86 3.89 4.08 2.86 <-Median-> 5 Ratio
Liq. with CF aft div 2.40 3.51 1.72 2.49 3.86 3.17 3.56 3.03 2.89 3.08 3.16 4.35 4.48 3.08 <-Median-> 5 Ratio
Assets $43.9 $40.3 $38.7 $40.7 $39.9 $48.0 $42.4 $49.4 $49.0 $71.4 $95.7 $126.1 $132.5 Debt Ratio of 1.5 and up, best
Liabilities $17.1 $13.9 $16.1 $22.8 $19.1 $25.3 $22.3 $30.2 $28.8 $35.0 $46.5 $43.1 $41.0 1.97 <-Median-> 10 Ratio
Debt Ratio 2.57 2.89 2.41 1.78 2.09 1.89 1.90 1.64 1.70 2.04 2.06 2.92 3.23 2.04 <-Median-> 5 Ratio
Book Value $26.766 $26.337 $22.623 $17.839 $20.789 $22.639 $20.145 $19.224 $20.233 $36.456 $49.213 $82.985 $91.552 $91.552 $91.552 215.09% <-Total Growth 10 Book Value
Preferred Shares $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Warrents $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Net Book Value $26.766 $26.337 $22.623 $17.839 $20.789 $22.639 $20.145 $19.224 $20.233 $36.456 $49.213 $82.985 $91.552 215.09% <-Total Growth 10 Book Value
Book Value per share $0.90 $0.92 $0.81 $0.65 $0.94 $1.03 $0.88 $0.84 $0.86 $1.23 $1.51 $2.35 $2.42 $2.42 $2.42 154.89% <-Total Growth 10 Book Value per Share
Change 21.65% 2.44% -11.99% -19.20% 43.26% 9.59% -14.37% -4.69% 2.99% 42.73% 22.46% 55.39% 3.22% 0.00% 0.00% 195.65% P/B Ratio Current/Historical Median
P/B Ratio (Median) 2.09 2.04 1.95 1.29 0.78 1.16 1.75 1.62 2.51 2.98 3.41 3.68 5.71 2.09 P/B Ratio Historical Median
P/B Ratio (Close) 2.17 2.17 1.48 0.78 0.91 1.54 1.61 1.86 3.41 3.53 3.65 4.63 6.18 6.18 6.93 9.81% <-IRR #YR-> 10 Book Value per Share
Change -5.15% 0.12% -31.83% -47.40% 16.34% 69.61% 4.96% 15.27% 83.60% 3.32% 3.44% 26.96% 33.51% 0.00% 12.15% 21.67% <-IRR #YR-> 5 Book Value per Share
Leverage (A/BK) 1.64 1.53 1.71 2.28 1.92 2.12 2.11 2.57 2.42 1.96 1.94 1.52 1.45 2.03 <-Median-> 10 A/BV
Debt/Equity Ratio 0.64 0.53 0.71 1.28 0.92 1.12 1.11 1.57 1.42 0.96 0.94 0.52 0.45 1.03 <-Median-> 10 Debt/Eq Ratio
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 1.85 5 yr Med 2.98 233.83% Diff M/C 1.92 Historical 17 A/BV
-$0.92 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.35
-$0.88 $0.00 $0.00 $0.00 $0.00 $2.35
$15.36 <-12 mths -8.59%
Comprehensive Income -$0.23 -$2.53 $8.34 $2.54 $0.59 $1.22 $3.68 $4.14 $3.96 $16.80 7484.83% <-Total Growth 9 Comprehensive Income
Increase -1011.94% 429.67% -69.50% -77.00% 108.38% 201.80% 12.56% -4.37% 324.22% 108.38% <-Median-> 5 Comprehensive Income
5 Yr Running Average $1.74 $2.03 $3.27 $2.43 $2.72 $5.96 #NUM! <-IRR #YR-> 9 Comprehensive Income 7484.83%
ROE -1.0% -14.2% 40.1% 11.2% 2.9% 6.3% 18.2% 11.4% 8.0% 20.2% 95.72% <-IRR #YR-> 5 Comprehensive Income 2771.62%
5Yr Median 2.9% 6.3% 11.2% 11.2% 8.0% 11.4% 27.89% <-IRR #YR-> 5 5 Yr Running Average #DIV/0!
% Difference from NI -263.3% 269.3% 2.8% -70.8% -22.8% -30.6% -35.2% -55.7% 36.6% 27.89% <-IRR #YR-> 5 5 Yr Running Average 242.10%
Median Values Diff 5, 10 yr -30.6% -30.6% 11.4% <-Median-> 5 Return on Equity
$0.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $16.8
-$0.6 $0.0 $0.0 $0.0 $0.0 $16.8
-$1.7 $0.0 $0.0 $0.0 $0.0 $6.0
-$1.7 $0.0 $0.0 $0.0 $0.0 $6.0
Current Liability Coverage Ratio 0.32 0.57 0.11 0.23 0.42 0.36 0.22 0.32 0.65 0.61 0.45 0.60   CFO / Current Liabilities
5 year Median 0.82 0.69 0.57 0.32 0.32 0.36 0.23 0.32 0.36 0.36 0.45 0.60 0.60 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 7.85% 12.61% 4.19% 7.10% 10.49% 10.89% 6.96% 8.92% 18.90% 15.82% 11.54% 12.62% CFO / Total Assets
5 year Median 16.66% 15.79% 12.61% 7.85% 7.85% 10.49% 7.10% 8.92% 10.49% 10.89% 11.54% 12.62% 12.6% <-Median-> 5 Return on Assets 
Return on Assets ROA 6.0% 4.7% -0.8% 3.8% 5.7% 5.2% 4.7% 3.2% 10.8% 8.9% 9.3% 9.8% Net  Income/Assets Return on Assets
5Yr Median 12.6% 11.7% 6.0% 4.7% 4.7% 4.7% 4.7% 4.7% 5.2% 5.2% 8.9% 9.3% 5.4% <-Median-> 10 Asset Efficiency Ratio
Return on Equity ROE 9.8% 7.2% -1.4% 8.7% 10.9% 10.9% 9.9% 8.2% 26.2% 17.5% 18.2% 14.8% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 15.9% 15.8% 9.8% 8.7% 8.7% 8.7% 9.9% 9.9% 10.9% 10.9% 17.5% 17.5% 10.9% <-Median-> 10 Return on Equity
$13.26 <-12 mths 7.76%
Net Income $2.6 $1.9 -$0.3 $1.5 $2.3 $2.5 $2.0 $1.6 $5.3 $6.4 $8.9 $12.3 $15.6 $16.9 545.97% <-Total Growth 10 Net Income
Increase 27.40% -27.59% -117% -578.28% 45.76% 9.58% -19.13% -21.14% 235.80% 20.61% 39.95% 37.53% 26.82% 8.33% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $1.9 $2.1 $1.6 $1.6 $1.6 $1.6 $1.6 $2.0 $2.7 $3.5 $4.8 $6.9 $9.7 $12.0 20.51% <-IRR #YR-> 10 Net Income 545.97%
Operating Cash Flow -$1.1 $1.7 $2.3 $1.0 $3.9 $3.3 $4.1 $4.9 $7.0 $9.2 $12.1 $18.1 43.79% <-IRR #YR-> 5 Net Income 514.74%
Investment Cash Flow -$8.6 $2.4 -$2.5 $0.4 -$1.3 -$0.7 -$0.4 -$10.0 -$1.5 -$3.5 -$8.6 -$11.9 12.80% <-IRR #YR-> 10 5 Yr Running Ave. 233.37%
Total Accruals $12.3 -$2.2 -$0.1 $0.2 -$0.3 -$0.1 -$1.8 $6.7 -$0.2 $0.7 $5.4 $6.1 34.10% <-IRR #YR-> 5 5 Yr Running Ave. 333.64%
Total Assets $43.9 $40.3 $38.7 $40.7 $39.9 $48.0 $42.4 $49.4 $49.0 $71.4 $95.7 $126.1 Balance Sheet Assets
Accruals Ratio 28.08% -5.42% -0.24% 0.50% -0.84% -0.31% -4.16% 13.58% -0.43% 1.00% 5.69% 4.87% 4.87% <-Median-> 5 Ratio
EPS/CF Ratio (WC) 0.93 0.36 -0.19 0.54 0.47 0.46 0.70 0.36 0.58 0.60 0.83 0.76 0.56 <-Median-> 10 EPS/CF Ratio
-$1.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $12.3
-$2.0 $0.0 $0.0 $0.0 $0.0 $12.3
-$2.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $6.9
-$1.6 $0.0 $0.0 $0.0 $0.0 $6.9
Change in Close 15.38% 2.56% -40.00% -57.50% 66.67% 85.88% -10.13% 9.86% 89.10% 47.46% 26.67% 97.28% 37.81% 0.00% 12.15% Count 16 Years of data
up/down up down up down down Count 8 50.00%
Meet Prediction? % right Count 2 25.00%
Financial Cash Flow $8.1 -$2.7 -$1.0 -$0.9 -$3.0 -$1.4 -$5.9 $3.2 -$5.5 $8.6 $9.4 $15.5 C F Statement  Financial Cash Flow
Total Accruals $4.2 $0.5 $0.9 $1.1 $2.6 $1.3 $4.1 $3.5 $5.3 -$7.9 -$4.0 -$9.4 Accruals
Accruals Ratio 9.56% 1.21% 2.38% 2.61% 6.61% 2.62% 9.69% 7.12% 10.86% -11.09% -4.17% -7.43% -4.17% <-Median-> 5 Ratio
Cash $4.5 $6.0 $4.7 $5.2 $4.8 $6.0 $3.9 $2.0 $2.0 $16.3 $29.7 $51.2 $51.7 Cash
Cash per Share $0.15 $0.21 $0.17 $0.19 $0.22 $0.27 $0.17 $0.09 $0.08 $0.55 $0.91 $1.45 $1.37 $0.55 <-Median-> 5 Cash per Share
Percentage of Stock Price 7.83% 10.42% 14.08% 37.45% 25.61% 17.36% 12.10% 5.58% 2.85% 12.66% 16.55% 13.33% 9.14% 12.66% <-Median-> 5 % of Stock Price
Notes:
July 30, 2017.  Last estimates were for 2016, 2017 and 2018 of $119M, $141M and $161M for Revenue, $0.33, $0.42 and $0.47 for EPS, $11.6M, $15.6M and $16.9M for Net Income.
August 1, 2016.  Last estimates were for 2015 and 2016 of $92.5M and $107M for Revenue, $0.25 and $0.29 for EPS and $8.5M and $11.3M for Net Income.
August 8, 2015.  Last estimates were for 2014 and 2016   of $83.1M and $91.4M; $0.22 and $0.27 for EPS; $0.77 for CFPS for 2015;  $6.1M and $7.9M for Net Income.
August 3, 2015.  Last Estimates were for 2014 and 2015 of $83.1M, $91.4M  for Revenue, $.22 and $.27 for EPS, $0.32 for 2014 for CFPS, $6.1M and $7.9M for Net Income.
Corporation transferred to TSX in 2003. Listed on TSX Venture Exchange in 2002.
Corporation was founded in 1979.
Sector:
Consumer Discretionary, Consumer.
What should this stock accomplish?
Would I buy this company and Why.
Yes, I might buy this stock.  I think it can earn money and it is certainly a business that should do well with an aging population.
Why am I following this stock. 
I got this stock off the Dividend Blogger site that no longer exists.
I am always interested in dividend growth small cap stock.  The first few years of accounting were rather confusing, but I think I figured them out in the end.
Dividends
Dividends are paid now in cycle 2 of February, May, August and November.
How they make their money.
Savaria Corporation is North America's leader in the accessibility industry focused on meeting the needs of people with mobility challenges. Savaria designs, manufactures, installs and distributes 
primarily elevators for home and commercial use, as well as stairlifts and vertical and inclined platform lifts. In addition, it converts and adapts minivans to be wheelchair accessible.
Shares; '%, Value $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M
Date Aug 04 2014 Aug 08 2015 Aug 01 2016 Aug 01 2017
Bourassa, Marcel 14.893 50.39% 15.018 46.10% 15.018 42.48% 8.077 21.37%
CEO & Chairman $64.785 $82.750 $163.248 $120.992
Options - percentage 0.500 1.69% 0.500 1.53% 0.500 1.41% 0.000 0.00%
Options - amount $2.175 $2.755 $5.435 $0.000
Bourassa, Jean-Marie 14.511 49.10% 14.762 45.31% 14.761 41.75% 13.891 36.76%
CFO - Shares - Amount $63.121 $81.336 $160.447 $208.087
Options - percentage 0.500 1.69% 0.500 1.53% 0.500 1.41% 0.000 0.00%
Options - amount $2.175 $2.755 $5.435 $0.000
Bernier, Hélène 0.001 0.00% 0.001 0.00% 0.001 0.00% 0.011 0.03%
Officer - Shares - Amount $0.002 $0.003 $0.005 $0.157
Options - percentage 0.030 0.10% 0.030 0.09% 0.030 0.08% -0.040 -0.11%
Options - amount $0.131 $0.165 $0.326 -$0.599
Berthiaume, Robert 0.035 0.12% 0.035 0.11% 0.035 0.10% 0.050 0.13% Morningstar not listed
Director - Shares - Amount $0.150 $0.190 $0.375 $0.749 as director
Options - percentage 0.000 0.00% 0.025 0.08% 0.050 0.14% 0.050 0.13% Last report June 2017
Options - amount $0.000 $0.138 $0.544 $0.749
Chapdelaine, Jean-Louis 0.120 0.37% 0.145 0.41% 0.125 0.33%
Director - Shares - Amount $0.661 $1.576 $1.873
Options - percentage 0.075 0.23% 0.075 0.21% 0.075 0.20%
Options - amount $0.413 $0.815 $1.124
Drutz, Peter Allen 0.125 0.38% 0.146 0.41% 0.134 0.35%
Director - Shares - Amount $0.687 $1.584 $2.004
Options - percentage 0.075 0.23% 0.075 0.21% 0.075 0.20%
Options - amount $0.413 $0.815 $1.124
Total insider 99.61% 92.26% 85.15% 58.98%
Chairman - see above
Increase in O/S Shares 0.083 0.36% 0.508 2.17% 0.394 1.33% 0.150 0.46% 0.166 0.47%
due to SO  $0.129 $1.497 $1.713 $0.827 $1.803
Book Value $0.084 $0.660 $0.574 $0.235 $0.347
Insider Buying $0.000 -$0.038 $0.000
Insider Selling $0.165 $0.074 $1.809
Net Insider Selling $0.378 $0.165 $0.036 $1.809
% of Market Cap 0.29% 0.09% 0.01% 0.32%
Directors 7 7 7 7
Women 0 0% 0 0% 0 0% 0 0%
Minorities 0 0% 0 0% 0 0% 0 0%
Institutions/Holdings 1 3.82% 2 11.65% 8 12.62% 31 17.01%
Total Shares Held 1.128 3.82% 3.792 11.64% 4.456 12.61% 7.006 18.54%
Increase/Decrease 0.000 0.00% 0.555 17.16% -0.397 -8.19% 0.467 7.14%
Starting No. of Shares 1.128 3.237 4.854 6.539
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