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. Estimates Estimates Estimates
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Q1 2025 CHANGING NAME TO ADENTRA
See my website on stocks or see my blog at the following sites.  https://spbrunner.com/stocks.html https://spbrunner.blogspot.com/ TSX ADEN
Adentra Inc TSX Aden OTC HDIUF https://adentragroup.com/  Fiscal Yr: Dec 31 https://www.annualreports.com/Company/adentra
Year 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 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 Value Description #Y Item Total G Currency
Accounting Rules IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
Currency <--CDN$ US$-->
USD - CDN$ 1.0636 1.1601 1.3847 1.3427 1.2545 1.3642 1.2988 1.2732 1.2678 1.3544 1.3226 1.4389 1.3706 1.4034 1.4034 1.4034 2.07% <-IRR #YR-> 4 USD - CDN$
Change 6.91% 9.07% 19.36% -3.04% -6.57% 8.74% -4.79% -1.97% -0.42% 6.83% -2.35% 8.79% -4.75% 2.39% 0.00% 0.00% 2.18% <-IRR #YR-> 9 USD - CDN$
Cost of Goods Sold $376.9 $472.0 $645.5 $845.2 $933.0 $959.9 $749.9 $1,243.3 $2,022.8 $1,773.2 $1,710.2 $1,761.4 $1,784.9 <-12 mths 1.33% 273.21% <-Total Growth 10 Cost of Goods Sold
Change  25.21% 36.78% 30.92% 10.39% 2.89% -21.88% 65.80% 62.70% -12.34% -3.55% 3.00% 1.33% <-12 mths -55.57% 6.69% <-Median-> 10 Change 
Ratio 0.96 1.14 1.10 1.02 1.12 1.06 0.77 0.77 0.78 0.79 0.78 0.78 0.79 <-12 mths 0.43% 0.79 <-Median-> 10 Ratio
Operating Expenses $55.4 $67.4 $104.9 $142.8 $150.9 $163.7 $134.9 $224.6 $360.1 $373.8 $377.2 $384.8 $385.2 <-12 mths 0.12% 470.67% <-Total Growth 10 Operating Expenses
Change  21.64% 55.54% 36.16% 5.70% 8.47% -17.61% 66.48% 60.35% 3.80% 0.90% 2.02% 0.12% <-12 mths -93.94% 7.09% <-Median-> 10 Change 
Ratio 0.14 0.16 0.18 0.17 0.18 0.18 0.14 0.14 0.14 0.17 0.17 0.17 0.17 <-12 mths -0.77% 0.17 <-Median-> 10 Ratio
Total $432.4 $539.4 $750.4 $988.0 $1,083.9 $1,123.7 $884.8 $1,467.9 $2,382.9 $2,147.0 $2,087.4 $2,146.2 $2,170.1 <-12 mths 1.11% 297.89% <-Total Growth 10 Total
Change  24.76% 39.12% 31.65% 9.71% 3.67% -21.26% 65.90% 62.34% -9.90% -2.78% 2.82% 1.11% <-12 mths -60.47% 6.69% <-Median-> 10 Change 
Ratio 1.10 1.31 1.28 1.20 1.30 1.25 0.90 0.91 0.92 0.96 0.96 0.95 0.96 <-12 mths 0.22% 0.96 <-Median-> 10 Ratio
$2,269 <-12 mths 0.90%
Revenue* US$ $349.0 $392.8 $412.8 $587.9 $826.7 $831.5 $902.3 $978.1 $1,616.2 $2,579.6 $2,239.3 $2,184.3 $2,249.3 $2,274 $2,344 444.90% <-Total Growth 10 Revenue
Increase 13.44% 12.55% 5.09% 42.41% 40.62% 0.58% 8.52% 8.40% 65.24% 59.61% -13.19% -2.46% 2.98% 1.10% 3.08% 18.48% <-IRR #YR-> 10 Revenue 444.90% US$
5 year Running Average $252.8 $294.9 $337.7 $410 $514 $610 $712 $825 $1,031 $1,382 $1,663 $1,919 $2,174 $2,305.3 $2,258.2 18.12% <-IRR #YR-> 5 Revenue 129.96% US$
Revenue per Share $21.10 $23.59 $24.63 $27.53 $38.59 $38.60 $42.25 $46.05 $68.20 $113.67 $99.83 $87.15 $92.72 $93.86 $96.75 20.47% <-IRR #YR-> 10 5 yr Running Average 543.71% US$
Increase 12.45% 11.79% 4.39% 11.81% 40.16% 0.02% 9.46% 8.98% 48.11% 66.67% -12.17% -12.71% 6.39% 1.23% 3.08% 21.37% <-IRR #YR-> 5 5 yr Running Average 163.39% US$
5 year Running Average $15.00 $17.69 $20.43 $23.12 $27.09 $30.59 $34.32 $38.61 $46.74 $61.75 $74.00 $82.98 $92.31 $97.45 $94.06 14.18% <-IRR #YR-> 10 Revenue per Share 276.51% US$
P/S (Price/Sales) Med 0.34 0.42 0.47 0.46 0.35 0.30 0.25 0.29 0.43 0.24 0.23 0.32 0.23 0.28 0.00 15.03% <-IRR #YR-> 5 Revenue per Share 101.36% US$
P/S (Price/Sales) Close 0.42 0.42 0.52 0.49 0.39 0.19 0.30 0.44 0.51 0.18 0.24 0.29 0.25 0.24 0.24 16.28% <-IRR #YR-> 10 5 yr Running Average 351.91% US$
*Sales in M US $  P/S Med 20 yr  0.30 15 yr  0.31 10 yr  0.29 5 yr  0.24 -17.21% Diff M/C 19.05% <-IRR #YR-> 5 5 yr Running Average 139.12% US$
-$412.8 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $2,249.3
-$978.1 $0.0 $0.0 $0.0 $0.0 $2,249.3
-$337.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $2,173.7
-$825.3 $0.0 $0.0 $0.0 $0.0 $2,173.7
-$24.63 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $92.72
-$46.05 $0.00 $0.00 $0.00 $0.00 $92.72
$3,185 <-12 mths 3.31%
Revenue* CDN$ $371.2 $455.7 $571.6 $789.3 $1,037.0 $1,134.3 $1,171.9 $1,245.3 $2,049 $3,494 $2,962 $3,143 $3,083 $3,191 $3,290 439.34% <-Total Growth 10 Revenue
Increase 21.28% 22.76% 25.43% 38.09% 31.38% 9.38% 3.32% 6.26% 64.54% 70.51% -15.23% 6.12% -1.91% 3.52% 3.08% 18.35% <-IRR #YR-> 10 Revenue 439.34% CDN$
5 year Running Average $259.2 $312.1 $386.9 $499 $645 $798 $941 $1,076 $1,327.5 $1,818.9 $2,184.3 $2,578.6 $2,946.1 $3,174.5 $3,133.7 19.88% <-IRR #YR-> 5 Revenue 147.56% CDN$
Revenue per Share $22.44 $27.37 $34.10 $36.97 $48.41 $52.66 $54.88 $58.63 $86.46 $153.95 $132.04 $125.39 $127.08 $131.73 $135.78 22.51% <-IRR #YR-> 10 5 yr Running Average 661.41% CDN$
Increase 20.22% 21.93% 24.61% 8.41% 30.96% 8.77% 4.21% 6.83% 47.48% 78.06% -14.23% -5.03% 1.34% 3.66% 3.08% 22.33% <-IRR #YR-> 5 5 yr Running Average 173.91% CDN$
5 year Running Average $15.38 $18.74 $23.37 $27.91 $33.86 $39.90 $45.40 $50.31 $60.21 $81.32 $97.19 $111.29 $124.99 $134.04 $130.40 14.06% <-IRR #YR-> 10 Revenue per Share 272.66% CDN$
P/S (Price/Sales) Med 0.32 0.40 0.44 0.47 0.39 0.30 0.26 0.30 0.42 0.19 0.23 0.30 0.24 0.08 0.00 16.73% <-IRR #YR-> 5 Revenue per Share 116.76% CDN$
P/S (Price/Sales) Close 0.43 0.42 0.54 0.48 0.42 0.21 0.30 0.43 0.51 0.18 0.24 0.30 0.27 0.26 0.25 18.25% <-IRR #YR-> 10 5 yr Running Average 434.71% CDN$
*Sales in M CDN $  P/S Med 20 yr  0.30 15 yr  0.30 10 yr  0.30 5 yr  0.24 -13.83% Diff M/C 19.96% <-IRR #YR-> 5 5 yr Running Average 148.43% CDN$
-$571.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $3,082.8
-$1,245.3 $0.0 $0.0 $0.0 $0.0 $3,082.8
-$386.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $2,946.1
-$1,075.6 $0.0 $0.0 $0.0 $0.0 $2,946.1
-$34.10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $127.08
-$58.63 $0.00 $0.00 $0.00 $0.00 $127.08
$64.70 <-12 mths -2.16%
$2.58 <-12 mths -1.53%
Adjusted Net Income US$ $12.3 $12.1 $14.5 $18.9 $24.9 $25.2 $24.6 $34.6 $111.7 $133.6 $54.4 $71.8 $66.1 354.51% <-Total Growth 10 Adjusted Net Income US$
Return on Equity ROE 14.41% 12.90% 14.09% 11.23% 13.06% 12.01% 11.27% 14.43% 26.98% 26.35% 10.32% 11.32% 9.87% 11.66% <-Median-> 10 Return on Equity ROE
5Yr Median 8.13% 8.44% 12.90% 12.90% 13.06% 12.90% 12.01% 12.01% 13.06% 14.43% 14.43% 14.43% 11.32% 12.98% <-Median-> 10 5 Yr Median
Basic $0.75 $0.72 $0.87 $1.01 $1.16 $1.17 $1.15 $1.64 $5.21 $5.71 $2.43 $3.01 $2.68 209.26% <-Total Growth 10 AEPS
AEPS* Dilued $0.74 $0.72 $0.87 $0.99 $1.16 $1.17 $1.15 $1.62 $5.17 $5.68 $2.40 $2.97 $2.62 $2.45 $3.01 $1.88 202.34% <-Total Growth 10 AEPS
Increase 94.47% -2.52% 19.68% 14.30% 16.69% 0.84% -1.57% 41.03% 219.54% 9.86% -57.75% 23.75% -11.78% -6.49% 22.86% -37.54% 10 0 10 Years of Data, EPS P or N 100.00% US$
AEPS Yield 8.30% 7.34% 6.72% 7.33% 7.65% 15.82% 9.01% 8.04% 14.76% 27.85% 9.88% 11.78% 11.27% 10.72% 13.17% 8.22% 11.70% <-IRR #YR-> 10 AEPS 202.34% US$
5 year Running Average $0.45 $0.46 $0.62 $0.74 $0.90 $0.98 $1.07 $1.22 $2.05 $2.96 $3.20 $3.57 $3.77 $3.22 $2.69 $2.59 10.12% <-IRR #YR-> 5 AEPS 61.93% US$
Payout Ratio 17.09% 20.24% 16.67% 17.11% 17.93% 18.71% 21.48% 16.50% 6.10% 6.24% 16.38% 13.10% 16.71% 0.00% 0.00% 0.00% 19.78% <-IRR #YR-> 10 5 yr Running Average 507.97% US$
5 year Running Average 12.78% 16.83% 20.16% 19.48% 17.81% 18.13% 18.38% 18.35% 16.15% 13.81% 13.34% 11.67% 11.71% 10.49% 9.24% 5.96% 25.39% <-IRR #YR-> 5 5 yr Running Average 210.02% US$
Price/AEPS Median 9.73 13.68 13.29 12.77 11.76 9.99 9.20 8.16 5.66 4.81 9.51 9.34 8.28 10.72 0.00 0.00 9.27 <-Median-> 10 Price/AEPS Median US$
Price/AEPS High 12.05 15.59 15.87 14.52 14.80 13.66 11.10 12.92 7.54 6.67 11.54 10.81 9.52 11.80 0.00 0.00 11.32 <-Median-> 10 Price/AEPS High US$
Price/AEPS Low 7.41 11.78 10.71 11.01 8.72 6.32 7.30 3.40 3.79 2.94 7.48 7.88 7.03 9.63 0.00 0.00 7.17 <-Median-> 10 Price/AEPS Low US$
Price/AEPS Close 12.05 13.62 14.88 13.65 13.07 6.32 11.10 12.44 6.77 3.59 10.13 8.49 8.87 9.33 7.59 12.16 9.50 <-Median-> 10 Price/AEPS Close US$
Trailing P/AEPS Close 23.43 13.28 17.81 15.60 15.25 6.38 10.93 17.54 21.64 3.94 4.28 10.51 7.83 8.73 9.33 7.59 10.72 <-Median-> 10 Trailing P/AEPS Close US$
Median Values Historical   in order 9.62 11.79 7.45 10.61 P/CF 5 Yrs   in order 8.28 9.52 7.03 8.49 12.73% Diff M/C DPR 75% to 95% best US$
$90.79 <-12 mths 0.18%
$3.62 <-12 mths 0.83%
Adjusted Net Income CDN$ $13.1 $14.0 $20.1 $25.4 $31.2 $34.3 $31.9 $44.1 $141.6 $180.9 $71.9 $103.3 $90.6 349.87% <-Total Growth 10 Adjusted Net Income CDN$
Return on Equity ROE 14.41% 12.90% 14.09% 11.23% 13.06% 12.01% 11.27% 14.43% 26.98% 26.35% 10.32% 11.32% 9.87% 11.66% <-Median-> 10 Return on Equity ROE
5Yr Median 8.13% 8.44% 12.90% 12.90% 13.06% 12.90% 12.01% 12.01% 13.06% 14.43% 14.43% 14.43% 11.32% 12.98% <-Median-> 10 5 Yr Median
Basic $0.80 $0.84 $1.20 $1.35 $1.46 $1.60 $1.49 $2.09 $6.61 $7.73 $3.21 $4.33 $3.67 206.10% <-Total Growth 10 AEPS
AEPS* Dilued $0.79 $0.84 $1.20 $1.33 $1.45 $1.59 $1.49 $2.06 $6.55 $7.69 $3.17 $4.27 $3.59 $3.44 $4.22 $2.64 199.25% <-Total Growth 10 AEPS
Increase 107.89% 6.33% 42.86% 10.83% 9.02% 9.66% -6.29% 38.26% 218.18% 17.37% -58.74% 34.63% -15.97% -4.25% 22.86% -37.54% 10 0 10 Years of Data, EPS P or N 100.00% CDN$
AEPS Yield 8.11% 7.29% 6.57% 7.44% 7.18% 14.65% 9.14% 8.14% 14.99% 27.15% 9.93% 11.51% 10.57% 10.14% 12.46% 7.78% 11.58% <-IRR #YR-> 10 AEPS 199.25% CDN$
5 year Running Average $0.47 $0.49 $0.72 $0.91 $1.12 $1.28 $1.41 $1.58 $2.63 $3.88 $4.19 $4.75 $5.06 $4.43 $3.74 $3.63 11.76% <-IRR #YR-> 5 AEPS 74.32% CDN$
Payout Ratio 17.09% 20.24% 16.67% 17.11% 17.93% 18.71% 21.48% 16.50% 6.10% 6.24% 16.38% 13.10% 16.71% 18.61% 15.15% 24.26% 11.97% <-Power-> 10 5 yr Running Average 602.40% CDN$
5 year Running Average 12.78% 16.83% 20.16% 19.48% 17.81% 18.13% 18.38% 18.35% 16.15% 13.81% 13.34% 11.67% 11.71% 14.21% 15.99% 17.57% 26.13% <-IRR #YR-> 5 5 yr Running Average 219.27% CDN$
Price/AEPS Median 9.15 12.94 12.55 13.14 13.14 9.86 9.57 8.53 5.60 3.77 9.45 8.82 8.67 3.07 0.00 0.00 9.14 <-Median-> 10 Price/AEPS Median CDN$
Price/AEPS High 11.58 14.62 15.38 14.74 15.14 13.31 11.23 13.19 7.40 4.56 11.28 10.46 10.43 11.68 0.00 0.00 11.26 <-Median-> 10 Price/AEPS High CDN$
Price/AEPS Low 6.71 11.26 9.73 11.54 11.15 6.42 7.91 3.86 3.80 2.98 7.61 7.19 6.91 9.33 0.00 0.00 7.05 <-Median-> 10 Price/AEPS Low CDN$
Price/AEPS Close 12.33 13.71 15.23 13.44 13.93 6.82 10.94 12.29 6.67 3.68 10.07 8.69 9.46 9.86 8.03 12.85 9.77 <-Median-> 10 Price/AEPS Close CDN$
Trailing P/AEPS Close 25.63 14.58 21.75 14.90 15.19 7.48 10.25 16.99 21.23 4.32 4.16 11.70 7.95 9.44 9.86 8.03 10.97 <-Median-> 10 Trailing P/AEPS Close CDN$
Median Values Historical   in order 9.30 11.43 7.05 10.51 P/CF 5 Yrs   in order 8.67 10.43 6.91 8.69 Diff M/C DPR 75% to 95% best CDN$
$2.63 <-12 mths -2.95%
EPS Basic US$ $0.75 $0.73 $0.87 $0.95 $1.12 $1.10 $1.06 $1.40 $4.81 $5.50 $1.61 $1.95 $2.78 218.15% <-Total Growth 10 EPS Basic
EPS Diluted* $0.74 $0.72 $0.87 $0.93 $1.11 $1.09 $1.06 $1.38 $4.77 $5.47 $1.59 $1.92 $2.71 $2.44 $3.01 212.72% <-Total Growth 10 EPS Diluted
Increase 94.47% -2.52% 19.68% 7.43% 19.02% -1.43% -2.72% 30.10% 245.07% 14.68% -70.93% 20.75% 41.15% -9.96% 23.36% 10 0 10 Years of Data, EPS P or N 100.00% US$
Earnings Yield 8.30% 7.34% 6.72% 6.89% 7.33% 14.82% 8.34% 6.87% 13.62% 26.82% 6.54% 7.61% 11.66% 965.51% 1195.84% 12.08% <-IRR #YR-> 10 Earnings per Share 212.72% US$
5 year Running Average $0.45 $0.46 $0.62 $0.73 $0.87 $0.94 $1.01 $1.12 $1.88 $2.76 $2.85 $3.03 $3.29 $2.83 $2.33 14.41% <-IRR #YR-> 5 Earnings per Share 96.04% US$
10 year Running Average $0.31 $0.30 $0.31 $0.38 $0.38 $0.70 $0.74 $0.87 $1.31 $1.81 $1.90 $2.02 $2.20 $2.35 $2.54 18.17% <-IRR #YR-> 10 5 yr Running Average 431.16% US$
* Diluted ESP per share  E/P 10 Yrs 7.98% 5Yrs 11.66% 24.17% <-IRR #YR-> 5 5 yr Running Average 195.19% US$
-$0.87 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.71
-$1.38 $0.00 $0.00 $0.00 $0.00 $2.71
-$0.62 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.29
-$1.12 $0.00 $0.00 $0.00 $0.00 $3.29
$3.69 <-12 mths -0.63%
EPS Basic CDN$ $0.80 $0.85 $1.21 $1.27 $1.40 $1.50 $1.38 $1.78 $6.10 $7.45 $2.13 $2.81 $3.81 214.90% <-Total Growth 10 EPS Basic
EPS Diluted* $0.79 $0.84 $1.20 $1.25 $1.39 $1.49 $1.38 $1.76 $6.05 $7.41 $2.10 $2.76 $3.71 $3.42 $4.22 209.53% <-Total Growth 10 EPS Diluted
Increase 107.89% 6.33% 42.86% 4.17% 11.20% 7.19% -7.38% 27.54% 243.60% 22.51% -71.61% 31.37% 34.45% -7.81% 23.36% 10 0 10 Years of Data, EPS P or N 100.00% CDN$
Earnings Yield 8.11% 7.29% 6.57% 6.99% 6.88% 13.73% 8.47% 6.95% 13.83% 26.14% 6.58% 7.44% 10.93% 10.10% 12.46% 11.96% <-IRR #YR-> 10 Earnings per Share 209.53% CDN$
5 year Running Average $0.47 $0.49 $0.72 $0.89 $1.09 $1.23 $1.34 $1.45 $2.41 $3.62 $3.74 $4.02 $4.41 $3.88 $3.25 16.11% <-IRR #YR-> 5 Earnings per Share 111.04% CDN$
10 year Running Average $0.31 $0.29 $0.32 $0.42 $0.45 $0.85 $0.92 $1.09 $1.65 $2.36 $2.49 $2.68 $2.93 $3.15 $3.43 19.86% <-IRR #YR-> 10 5 yr Running Average 512.11% CDN$
* Diluted ESP per share  E/P 10 Yrs 7.95% 5Yrs 10.93% 24.83% <-IRR #YR-> 5 5 yr Running Average 203.11% CDN$
-$1.20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.71
-$1.76 $0.00 $0.00 $0.00 $0.00 $3.71
-$0.72 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.41
-$1.45 $0.00 $0.00 $0.00 $0.00 $4.41
Dividend* US$ $0.47 $0.51 Estimates Dividend* US$
Increase 7.91% 8.23% Estimates Increase US$
Payout Ratio EPS 19.36% 16.99% Estimates Payout Ratio EPS US$
Special Dividends US$, CDN$ Paying $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 $0.00 <-Median-> 10 Special Dividends US$
Dividend* $0.127 $0.147 $0.144 $0.169 $0.207 $0.218 $0.246 $0.267 $0.316 $0.354 $0.393 $0.389 $0.438 $0.456 $0.456 $0.456 111.22% <-Total Growth 8 Dividends US$
Increase 26.28% 15.45% -1.44% 17.31% 22.32% 5.22% 12.98% 8.39% 18.15% 12.33% 10.94% -1.01% 12.48% 4.17% 0.00% 0.00% 14 5 21 Years of data, Count P, N 66.67% US$
Average Increases 5 Year Running -9.19% 13.90% 13.61% 17.08% 15.99% 11.77% 11.28% 13.24% 13.41% 11.41% 12.56% 9.76% 10.58% 7.78% 5.32% 3.13% 12.16% <-Median-> 10 Average Incr 5 Year Running US$
Dividends 5 Yr Running $0.06 $0.09 $0.12 $0.14 $0.16 $0.18 $0.20 $0.22 $0.25 $0.28 $0.32 $0.34 $0.38 $0.41 $0.43 $0.44 216.55% <-Total Growth 10 Dividends 5 Yr Running US$
Yield H/L Price 1.76% 1.48% 1.25% 1.34% 1.52% 1.87% 2.33% 2.02% 1.08% 1.30% 1.72% 1.40% 2.02% 1.74% 1.62% <-Median-> 10 Yield H/L Price US$
Yield on High  Price 1.42% 1.30% 1.05% 1.18% 1.21% 1.37% 1.94% 1.28% 0.81% 0.93% 1.42% 1.21% 1.75% 1.58% 1.25% <-Median-> 10 Yield on High  Price US$
Yield on Low Price 2.30% 1.72% 1.56% 1.55% 2.06% 2.96% 2.94% 4.86% 1.61% 2.12% 2.19% 1.66% 2.38% 1.93% 2.16% <-Median-> 10 Yield on Low Price US$
Yield on Close Price 1.42% 1.49% 1.12% 1.25% 1.37% 2.96% 1.93% 1.33% 0.90% 1.74% 1.62% 1.54% 1.88% 1.99% 1.99% 1.99% 1.58% <-Median-> 10 Yield on Close Price US$
Payout Ratio EPS 17.09% 20.24% 16.67% 18.20% 18.71% 19.97% 23.19% 19.32% 6.61% 6.48% 24.73% 20.27% 16.15% 18.69% 15.15% #DIV/0! 19.01% <-Median-> 10 DPR EPS US$
DPR EPS 5 Yr Running 13.56% 19.66% 19.27% 18.86% 18.17% 18.76% 19.48% 19.87% 13.32% 10.17% 11.04% 11.36% 11.48% 14.37% 18.27% #DIV/0! 15.75% <-Median-> 10 DPR EPS 5 Yr Running US$
Payout Ratio CFPS 49.48% 22.73% 16.16% 33.11% 31.11% 154.78% 7.36% 8.82% -11.43% 3.82% 3.70% 6.83% 6.61% 16.23% 10.74% #DIV/0! 7.10% <-Median-> 10 DPR CF US$
DPR CF 5 Yr Running 55.29% 69.12% 34.37% 32.85% 26.73% 31.00% 17.73% 14.41% 28.38% 10.75% 6.71% 6.65% 6.42% 5.80% 7.11% #DIV/0! 16.07% <-Median-> 10 DPR CF 5 Yr Running US$
Payout Ratio CFPS WC 13.77% 11.22% 9.32% 16.49% 17.56% 33.46% 6.38% 7.53% 3.91% 3.02% 5.22% 5.34% 5.17% 16.23% 10.74% #DIV/0! 5.86% <-Median-> 10 DPR CF WC US$
DPR CF WC 5 Yr Running 8.07% 11.48% 11.77% 13.07% 13.28% 15.50% 11.92% 10.80% 7.25% 5.03% 4.54% 4.51% 4.39% 5.37% 7.03% #DIV/0! 9.02% <-Median-> 10 DPR CF WC 5 Yr Running US$
Median Values 10 Yr Med 10 Yr Cl 1.62% 1.58% 5 Yr Med 5 Yr Cl 1.40% 1.62% 5 Yr Med Payout 16.15% 3.82% 5.17% 10.39% <-IRR #YR-> 5 Dividends 63.93% US$
* Dividends per share  10 Yr Med and Cur. 22.88% 26.21% 5 Yr Med and Cur. 42.26% 23.30% Last Div Inc ---> $0.850 $1.000 17.65% 11.73% <-IRR #YR-> 10 Dividends 203.10% US$
Dividends Growth 15 #NUM! <-IRR #YR-> 15 Dividends #DIV/0! US$
Dividends Growth 20 -3.68% <-IRR #YR-> 20 Dividends -52.74% US$
Dividends Growth 25 -1.53% <-IRR #YR-> 21 Dividends
Dividends Growth 5 -$0.27 $0.00 $0.00 $0.00 $0.00 $0.44 Dividends Growth 5
Dividends Growth 10 -$0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.44 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 $0.44 Dividends Growth 15
Dividends Growth 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 $0.44 Dividends Growth 20
Dividends Growth 25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.44 Dividends Growth 25
Historical Dividends Historical High Div 3.72% Low Div 0.88% 10 Yr High 4.67% 10 Yr Low 0.82% Med Div 1.72% Close Div 1.54% Historical Dividends US$
High/Ave/Median Values Curr diff Exp. -46.37% Cheap 126.69% Exp. -57.28% 143.28% Cheap 15.98% Cheap 29.27% High/Ave/Median  US$
Future Dividend Yield Div Yield 3.27% earning in 5 Years at IRR of 10.39% Div Inc. 63.93% Future Dividend Yield US$
Future Dividend Yield Div Yield 5.36% earning in 10 Years at IRR of 10.39% Div Inc. 168.73% Future Dividend Yield US$
Future Dividend Yield Div Yield 8.79% earning in 15 Years at IRR of 10.39% Div Inc. 340.53% Future Dividend Yield US$
Future Dividend Paid Div Paid $0.75 earning in 5 Years at IRR of 10.39% Div Inc. 63.93% Future Dividend Paid US$
Future Dividend Paid Div Paid $1.23 earning in 10 Years at IRR of 10.39% Div Inc. 168.73% Future Dividend Paid US$
Future Dividend Paid Div Paid $2.01 earning in 15 Years at IRR of 10.39% Div Inc. 340.53% Future Dividend Paid US$
Dividend Covering Cost Total Div $2.81 over 5 Years at IRR of 10.39% Div Cov. 1110.28% Dividend Covering Cost US$
Dividend Covering Cost Total Div $6.66 over 10 Years at IRR of 10.39% Div Cov. 2634.54% Dividend Covering Cost US$
Dividend Covering Cost Total Div $12.97 over 15 Years at IRR of 10.39% Div Cov. 5133.26% Dividend Covering Cost US$
Dividend* CDN$ $0.66 $0.72 Estimates Dividend* CDN$
Increase 10.49% 8.23% Estimates Increase CDN$
Yield  1.96% 2.12%
Payout Ratio EPS 19.36% 16.99% Estimates Payout Ratio EPS CDN$
Special Dividends CDN$ Paying $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 $0.00 <-Median-> 10 Special Dividends CDN$
Dividend* $0.135 $0.170 $0.200 $0.228 $0.260 $0.298 $0.320 $0.340 $0.400 $0.480 $0.520 $0.560 $0.600 $0.640 $0.640 $0.640 130.77% <-Total Growth 8 Dividends CDN$
Increase 35.00% 25.93% 17.65% 13.75% 14.29% 14.42% 7.56% 6.25% 17.65% 20.00% 8.33% 7.69% 7.14% 6.67% 0.00% 0.00% 15 4 21 Years of data, Count P, N 71.43% CDN$
Average Increases 5 Year Running -8.00% 17.19% 20.71% 23.46% 21.32% 17.21% 13.53% 11.25% 12.03% 13.18% 11.96% 11.98% 12.16% 9.97% 5.97% 4.30% 12.67% <-Median-> 10 Average Incr 5 Year Running CDN$
Dividends 5 Yr Running $0.06 $0.10 $0.14 $0.17 $0.20 $0.23 $0.26 $0.29 $0.32 $0.37 $0.41 $0.46 $0.51 $0.56 $0.59 $0.62 273.72% <-Total Growth 10 Dividends 5 Yr Running CDN$
Yield H/L Price 1.87% 1.56% 1.33% 1.30% 1.36% 1.90% 2.24% 1.94% 1.09% 1.66% 1.73% 1.49% 1.93% 1.77% 1.69% <-Median-> 10 Yield H/L Price CDN$
Yield on High  Price 1.48% 1.38% 1.08% 1.16% 1.18% 1.41% 1.91% 1.25% 0.82% 1.37% 1.45% 1.25% 1.60% 1.59% 1.31% <-Median-> 10 Yield on High  Price CDN$
Yield on Low Price 2.55% 1.80% 1.71% 1.48% 1.61% 2.92% 2.71% 4.28% 1.61% 2.10% 2.15% 1.82% 2.42% 1.99% 2.13% <-Median-> 10 Yield on Low Price CDN$
Yield on Close Price 1.39% 1.48% 1.09% 1.27% 1.29% 2.74% 1.96% 1.34% 0.91% 1.69% 1.63% 1.51% 1.77% 1.89% 1.89% 1.89% 1.57% <-Median-> 10 Yield on Close Price CDN$
Payout Ratio EPS 17.09% 20.24% 16.67% 18.20% 18.71% 19.97% 23.19% 19.32% 6.61% 6.48% 24.73% 20.27% 16.15% 18.69% 15.15% #DIV/0! 19.01% <-Median-> 10 DPR EPS CDN$
DPR EPS 5 Yr Running 13.46% 19.64% 19.03% 18.67% 18.14% 18.72% 19.45% 19.88% 13.40% 10.16% 11.02% 11.45% 11.62% 14.42% 18.24% #DIV/0! 15.77% <-Median-> 10 DPR EPS 5 Yr Running CDN$
Payout Ratio CFPS 49.48% 22.73% 16.16% 33.11% 31.11% 154.78% 7.36% 8.82% -11.43% 3.82% 3.70% 6.83% 6.61% 16.23% 10.74% #DIV/0! 7.10% <-Median-> 10 DPR CF CDN$
DPR CF 5 Yr Running 52.50% 62.25% 31.07% 30.45% 26.25% 31.21% 17.88% 14.57% 28.24% 10.52% 6.58% 6.54% 6.34% 5.85% 7.18% #DIV/0! 16.23% <-Median-> 10 DPR CF 5 Yr Running CDN$
Payout Ratio CFPS WC 10.28% 10.76% 9.29% 10.87% 9.49% 11.62% 8.78% 7.53% 3.91% 3.02% 5.22% 5.34% 5.17% 16.23% 10.74% #DIV/0! 6.44% <-Median-> 10 DPR CF WC CDN$
DPR CF WC 5 Yr Running 11.67% 11.33% 11.04% 10.52% 10.05% 10.38% 9.89% 9.29% 6.83% 4.99% 4.66% 4.50% 4.40% 5.40% 7.05% #DIV/0! 8.06% <-Median-> 10 DPR CF WC 5 Yr Running CDN$
Median Values 10 Yr Med 10 Yr Cl 1.69% 1.57% 5 Yr Med 5 Yr Cl 1.66% 1.63% 5 Yr Med Payout 16.15% 3.82% 5.17% 12.03% <-IRR #YR-> 5 Dividends 76.47% CDN$
* Dividends per share  10 Yr Med and Cur. 11.36% 20.42% 5 Yr Med and Cur. 14.01% 16.04% Last Div Inc ---> $0.150 $0.160 6.67% 11.61% <-IRR #YR-> 10 Dividends 200.00% CDN$
Dividends Growth 15 15.36% #NUM! <-IRR #YR-> 15 Dividends #DIV/0! CDN$
Dividends Growth 20 -2.90% <-IRR #YR-> 20 Dividends -44.44% CDN$
Dividends Growth 25 -0.92% <-IRR #YR-> 21 Dividends
Dividends Growth 5 -$0.34 $0.00 $0.00 $0.00 $0.00 $0.60 Dividends Growth 5
Dividends Growth 10 -$0.20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.60 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 $0.60 Dividends Growth 15
Dividends Growth 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 $0.60 Dividends Growth 20
Dividends Growth 25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.60 Dividends Growth 25
Historical Dividends Historical High Div 18.58% Low Div 0.25% 10 Yr High 4.14% 10 Yr Low 0.86% Med Div 1.88% Close Div 1.66% Historical Dividends CDN$
High/Ave/Median Values Curr diff Exp. -89.84% Cheap 654.94% Exp. -54.41% 119.46% Cheap 0.39% Cheap 13.69% High/Ave/Median  CDN$
3.99%
Future Dividend Yield Div Yield 3.33% earning in 5 Years at IRR of 12.03% Div Inc. 76.47% Future Dividend Yield CDN$
Future Dividend Yield Div Yield 5.88% earning in 10 Years at IRR of 12.03% Div Inc. 211.42% Future Dividend Yield CDN$
Future Dividend Yield Div Yield 10.37% earning in 15 Years at IRR of 12.03% Div Inc. 449.56% Future Dividend Yield CDN$
Future Dividend Paid Div Paid $1.13 earning in 5 Years at IRR of 12.03% Div Inc. 76.47% Future Dividend Paid CDN$
Future Dividend Paid Div Paid $1.99 earning in 10 Years at IRR of 12.03% Div Inc. 211.42% Future Dividend Paid CDN$
Future Dividend Paid Div Paid $3.52 earning in 15 Years at IRR of 12.03% Div Inc. 449.56% Future Dividend Paid CDN$
Dividend Covering Cost Total Div $4.07 over 5 Years at IRR of 12.03% Div Cov. 12.00% Dividend Covering Cost CDN$
Dividend Covering Cost Total Div $10.12 over 10 Years at IRR of 12.03% Div Cov. 29.84% Dividend Covering Cost CDN$
Dividend Covering Cost Total Div $20.79 over 15 Years at IRR of 12.03% Div Cov. 61.32% Dividend Covering Cost CDN$
Yield if held 5 years 4.02% 11.45% 10.23% 7.62% 5.72% 4.12% 2.94% 2.26% 2.29% 2.52% 3.32% 3.93% 3.42% 1.74% 2.21% 2.13% 3.37% <-Median-> 10 Paid Median Price CDN$
Yield if held 10 years 1.56% 2.07% 3.80% 4.31% 8.85% 21.55% 17.39% 13.40% 10.56% 7.20% 5.15% 3.98% 3.66% 3.36% 4.08% 8.03% <-Median-> 10 Paid Median Price CDN$
Yield if held 15 years 2.94% 3.51% 6.68% 7.95% 15.48% 37.71% 30.69% 21.44% 14.08% 8.86% 7.95% <-Median-> 7 Paid Median Price CDN$
Yield if held 20 years 5.14% 6.20% 10.68% 10.60% 19.05% 5.67% <-Median-> 2 Paid Median Price CDN$
Yield if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price CDN$
Cost covered if held 5 years 9.38% 32.66% 35.04% 27.89% 21.84% 15.99% 12.01% 9.59% 9.25% 9.64% 13.13% 16.12% 14.57% 7.63% 10.21% 10.27% 13.85% <-Median-> 10 Paid Median Price CDN$
Cost covered if held 10 years 36.21% 31.66% 39.56% 29.37% 43.75% 120.54% 108.95% 82.08% 62.27% 44.50% 33.16% 26.58% 25.27% 25.17% 32.77% 44.12% <-Median-> 10 Paid Median Price CDN$
Cost covered if held 15 years 48.19% 46.59% 66.57% 59.82% 105.06% 275.42% 239.90% 175.88% 127.39% 87.13% 66.57% <-Median-> 7 Paid Median Price CDN$
Cost covered if held 20 years 69.31% 73.05% 113.31% 108.86% 196.73% 71.18% <-Median-> 2 Paid Median Price CDN$
Cost covered if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price CDN$
I am earning GC Div Gr 88.24% 2-Jun-20 # yrs -> 6 2020 $14.85 Cap Gain 128.35% I am earning GC
I am earning Div org yield 2.29% 12/31/26 Trading Div G Yrly 10.08% Div start $0.34 -2.29% 4.31% I am earning Div
Yr  Item Tot. Grth Per Year
Revenue Growth US$ $978.1 $1,616.2 $2,579.6 $2,239.3 $2,184.3 $2,249.3 $2,269 <-12 mths 0.90% 129.96% <-Total Growth 5 Revenue Growth  129.96% 18.12%
AEPS Growth $1.62 $5.17 $5.68 $2.40 $2.97 $2.62 $2.58 <-12 mths -1.53% 61.93% <-Total Growth 5 AEPS Growth 61.93% 10.12%
Net Income Growth $29.5 $103.1 $128.7 $36.0 $46.5 $68.4 $66 <-12 mths -3.03% 131.70% <-Total Growth 5 Net Income Growth 131.70% 18.30%
Cash Flow Growth $64.3 -$65.4 $210.7 $238.1 $142.8 $160.6 $188 <-12 mths 16.99% 149.86% <-Total Growth 5 Cash Flow Growth 149.86% 20.10%
Dividend Growth CDN$ $0.34 $0.40 $0.48 $0.52 $0.56 $0.60 $0.64 <-12 mths 6.67% 76.47% <-Total Growth 5 Dividend Growth 76.47% 12.03%
Stock Price Growth $20.12 $35.02 $20.39 $24.30 $25.22 $23.25 $22.86 <-12 mths -1.68% 15.56% <-Total Growth 5 Stock Price Growth 15.56% 2.93%
Revenue Growth US$ $412.8 $587.9 $826.7 $831.5 $902.3 $978.1 $1,616.2 $2,579.6 $2,239.3 $2,184.3 $2,249.3 $2,274 <-this year 1.10% 444.90% <-Total Growth 10 Revenue Growth  444.90% 18.48%
AEPS Growth $0.87 $0.99 $1.16 $1.17 $1.15 $1.62 $5.17 $5.68 $2.40 $2.97 $2.62 $2.45 <-this year -6.49% 202.34% <-Total Growth 10 AEPS Growth 202.34% 11.70%
Net Income Growth $14.5 $17.8 $23.9 $23.6 $22.8 $29.5 $103.1 $128.7 $36.0 $46.5 $68.4 $59 <-this year -13.61% 370.34% <-Total Growth 10 Net Income Growth 370.34% 16.75%
Cash Flow Growth $15.0 $10.9 $14.3 $3.0 $71.5 $64.3 -$65.4 $210.7 $238.1 $142.8 $160.6 $68 <-this year -57.62% 972.33% <-Total Growth 10 Cash Flow Growth 972.33% 26.77%
Dividend Growth CDN$ $0.20 $0.23 $0.26 $0.30 $0.32 $0.34 $0.40 $0.48 $0.52 $0.56 $0.60 $0.66 <-this year 10.49% 200.00% <-Total Growth 10 Dividend Growth 200.00% 11.61%
Stock Price Growth $12.89 $13.52 $15.11 $7.37 $12.73 $20.12 $35.02 $20.39 $24.30 $25.22 $23.25 $22.86 <-this year -1.68% 80.32% <-Total Growth 10 Stock Price Growth 80.32% 6.07%
Dividends on Shares $12.51 $14.30 $16.36 $17.60 $18.70 $22.00 $26.40 $28.60 $30.80 $33.00 $35.20 $35.20 $35.20 $220.28 No of Years 10 Total Divs 12/31/15
Paid  $1,004.85 $983.40 $1,111.00 $596.75 $896.50 $1,392.60 $2,405.15 $1,558.70 $1,758.35 $2,042.15 $1,868.90 $1,865.05 $1,865.05 $1,865.05 $1,868.90 No of Years 10 Worth $18.27 54.73
Total $2,089.18
Graham Number CDN$ AEPS $9.57 $10.30 $12.90 $15.36 $17.03 $18.66 $18.51 $22.88 $50.76 $62.18 $40.96 $49.34 $47.24 $46.23 $51.24 $0.00 266.34% <-Total Growth 10 Graham Number AEPS CDN$
Increase 51.65% 7.63% 25.16% 19.11% 10.86% 9.57% -0.80% 23.59% 121.89% 22.51% -34.13% 20.46% -4.26% -2.13% 10.84% -100.00% 14.99% <-Median-> 10 Graham Price CDN$
Price/GP Ratio Med 0.75 1.06 1.17 1.14 1.12 0.84 0.77 0.77 0.72 0.47 0.73 0.76 0.66 0.78 0.77 <-Median-> 10 Price/GP Ratio Med CDN$
Price/GP Ratio High 0.96 1.19 1.43 1.28 1.29 1.13 0.90 1.19 0.96 0.56 0.87 0.91 0.79 0.87 0.93 <-Median-> 10 Price/GP Ratio High CDN$
Price/GP Ratio Low 0.55 0.92 0.91 1.00 0.95 0.55 0.64 0.35 0.49 0.37 0.59 0.62 0.52 0.69 0.57 <-Median-> 10 Price/GP Ratio Low CDN$
Price/GP Ratio Close 1.02 1.12 1.42 1.16 1.19 0.58 0.88 1.11 0.86 0.46 0.78 0.75 0.72 0.73 0.66 #DIV/0! 0.82 <-Median-> 10 Price/GP Ratio Close CDN$
Prem/Disc Close 1.75% 11.82% 41.68% 16.41% 18.63% -41.85% -11.94% 10.68% -13.85% -54.43% -21.94% -24.75% -28.07% -26.65% -33.83% #DIV/0! -17.90% <-Median-> 10 Graham Price CDN$
Graham Number CDN$ EPS $9.87 $11.10 $15.17 $17.25 $18.67 $21.10 $20.30 $23.86 $54.90 $71.02 $38.34 $47.59 $56.25 $54.66 $60.71 $0.00 270.67% <-Total Growth 10 Graham NumberS CDN$
Increase 56.80% 12.41% 36.74% 13.71% 8.23% 12.97% -3.77% 17.53% 130.09% 29.36% -46.01% 24.12% 18.20% -2.83% 11.07% -100.00% 15.62% <-Median-> 10 Graham Price CDN$
Price/GP Ratio Med 0.73 0.98 0.99 1.01 1.02 0.74 0.70 0.74 0.67 0.41 0.78 0.79 0.55 0.66 0.74 <-Median-> 10 Price/GP Ratio Med CDN$
Price/GP Ratio High 0.93 1.11 1.22 1.14 1.18 1.00 0.82 1.14 0.88 0.49 0.93 0.94 0.67 0.73 0.94 <-Median-> 10 Price/GP Ratio High CDN$
Price/GP Ratio Low 0.54 0.85 0.77 0.89 0.87 0.48 0.58 0.33 0.45 0.32 0.63 0.65 0.44 0.59 0.53 <-Median-> 10 Price/GP Ratio Low CDN$
Price/GP Ratio Close 0.99 1.04 1.20 1.04 1.08 0.51 0.80 1.06 0.80 0.40 0.83 0.78 0.60 0.62 0.56 #DIV/0! 0.80 <-Median-> 10 Price/GP Ratio Close CDN$
Prem/Disc Close -1.34% 3.81% 20.40% 3.63% 8.17% -48.57% -19.71% 6.12% -20.34% -60.09% -16.61% -21.97% -39.59% -37.96% -44.14% #DIV/0! -20.03% <-Median-> 10 Graham Price CDN$
Month, Year CDN$ Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Dec-26 Dec-27 Dec-28 14.00 <Count Years> Month, Year CDN$
Price Close $9.74 $11.52 $18.27 $17.88 $20.20 $10.85 $16.30 $25.32 $43.73 $28.34 $31.97 $37.13 $33.98 $33.91 $33.91 $33.91 85.99% <-Total Growth 10 Stock Price CDN$
Increase 89.13% 18.28% 58.59% -2.13% 12.98% -46.29% 50.23% 55.34% 72.71% -35.19% 12.81% 16.14% -8.48% -0.21% 0.00% 0.00% 11.37 <-Median-> 10 CAPE (10 Yr P/E) CDN$
P/E Ratio 12.33 13.71 15.23 14.30 14.53 7.28 11.81 14.39 7.23 3.83 15.20 13.44 9.15 9.90 8.03 #DIV/0! 6.06% <-IRR #YR-> 5 Stock Price 34.20% CDN$
Trailing P/E Ratio 25.63 14.58 21.75 14.90 16.16 7.81 10.94 18.35 24.85 4.69 4.32 17.66 12.30 9.13 9.90 8.03 6.40% <-IRR #YR-> 10 Stock Price 85.99% CDN$
CAPE (10 Yr P/E) 17.24 18.13 20.19 18.40 20.34 11.92 12.61 12.76 10.83 8.58 9.02 9.33 9.07 8.95 8.61 #DIV/0! 7.84% <-IRR #YR-> 5 Price & Dividend 45.66% CDN$
Median 10, 5 Yrs D.  per yr 1.58% 1.78% % Tot Ret 19.83% 22.72% T P/E $13.60 $12.30 P/E:  $12.63 $9.15 7.99% <-IRR #YR-> 10 Price & Dividend 109.00% CDN$
Price 15 D.  per yr 3.39% % Tot Ret 14.81% CAPE Diff -12.94% 19.53% <-IRR #YR-> 15 Stock Price 1352.14% CDN$
Price  20 D.  per yr 3.11% % Tot Ret 27.03% 8.38% <-IRR #YR-> 20 Stock Price 400.44% CDN$
Price  25 D.  per yr 2.38% % Tot Ret 31.63% 5.14% <-IRR #YR-> 21 Stock Price
Price & Dividend 15 22.92% <-IRR #YR-> 15 Price & Dividend 1552.56% CDN$
Price & Dividend 20 11.49% <-IRR #YR-> 20 Price & Dividend 5.20440648 CDN$
Price & Dividend 25 7.52% <-IRR #YR-> 21 Price & Dividend
Price  5 -$25.32 $0.00 $0.00 $0.00 $0.00 $33.98 Price  5
Price 10 -$18.27 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $33.98 Price 10
Price & Dividend 5 -$25.32 $0.40 $0.48 $0.52 $0.56 $34.58 Price & Dividend 5
Price & Dividend 10 -$18.27 $0.23 $0.26 $0.30 $0.32 $0.34 $0.40 $0.48 $0.52 $0.56 $34.58 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 $33.98 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 $33.98 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $33.98 Price  25
Price & Dividend 15 $0.14 $0.17 $0.20 $0.23 $0.26 $0.30 $0.32 $0.34 $0.40 $0.48 $0.52 $0.56 $34.58 Price & Dividend 15
Price & Dividend 20 $0.14 $0.17 $0.20 $0.23 $0.26 $0.30 $0.32 $0.34 $0.40 $0.48 $0.52 $0.56 $34.58 Price & Dividend 20
Price & Dividend 25 $0.14 $0.17 $0.20 $0.23 $0.26 $0.30 $0.32 $0.34 $0.40 $0.48 $0.52 $0.56 $34.58 Price & Dividend 25
Price H/L Median CDN$ $7.23 $10.87 $15.07 $17.48 $19.06 $15.69 $14.27 $17.57 $36.70 $29.00 $29.99 $37.71 $31.13 $36.13 106.64% <-Total Growth 10 Stock Price CDN$
Increase 58.97% 50.45% 38.59% 16.03% 9.04% -17.71% -9.05% 23.13% 108.94% -20.99% 3.41% 25.76% -17.45% 16.05% 7.53% <-IRR #YR-> 10 Stock Price 106.64% CDN$
P/E Ratio 9.15 12.94 12.55 13.98 13.71 10.53 10.34 9.98 6.07 3.91 14.26 13.65 8.38 10.55 12.13% <-IRR #YR-> 5 Stock Price 77.23% CDN$
Trailing P/E Ratio 19.01 13.76 17.93 14.57 15.25 11.28 9.57 12.73 20.85 4.79 4.05 17.93 11.27 9.73 9.91% <-IRR #YR-> 10 Price & Dividend 134.55% CDN$
P/E on Running 5 yr Average 15.44 22.00 20.92 19.60 17.42 12.71 10.63 12.08 15.21 8.02 8.02 9.39 7.06 9.30 14.43% <-IRR #YR-> 5 Price & Dividend 93.74% CDN$
P/E on Running 10 yr Average 23.38 37.23 47.23 41.72 42.36 18.43 15.54 16.16 22.21 12.31 12.06 14.08 10.62 11.48 10.47 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs D.  per yr 2.38% 2.30% % Tot Ret 24.02% 15.94% T P/E 12.01 11.27 P/E:  10.43 8.38 Count 21 Years of data CDN$
-$15.07 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $31.13
-$17.57 $0.00 $0.00 $0.00 $0.00 $31.13
-$15.07 $0.32 $0.34 $0.40 $0.48 $0.52 $0.56 $0.60 $0.64 $0.64 $31.73
-$17.57 $0.40 $0.48 $0.52 $0.56 $31.73
High Months CDN$ Aug May Dec Aug Oct Jan Dec Nov Nov Nov Aug Jul Jan Feb
Price High $9.15 $12.28 $18.45 $19.61 $21.95 $21.17 $16.74 $27.18 $48.50 $35.10 $35.82 $44.70 $37.46 $40.16 103.04% <-Total Growth 10 Stock Price CDN$
Increase 63.39% 34.21% 50.24% 6.29% 11.93% -3.55% -20.93% 62.37% 78.44% -27.63% 2.05% 24.79% -16.20% 7.21% 7.34% <-IRR #YR-> 10 Stock Price 103.04% CDN$
P/E Ratio 11.58 14.62 15.38 15.69 15.79 14.21 12.13 15.44 8.02 4.74 17.03 16.18 10.09 11.73 6.63% <-IRR #YR-> 5 Stock Price 37.82% CDN$
Trailing P/E Ratio 24.08 15.54 21.96 16.34 17.56 15.23 11.23 19.70 27.56 5.80 4.83 21.26 13.56 10.81 14.09 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs T P/E 15.79 13.56 P/E:  14.83 10.09 15.95 P/E Ratio Historical High CDN$
-$18.45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $37.46
-$27.18 $0.00 $0.00 $0.00 $0.00 $37.46
Low Months CDN$ Jan Jan Jan Feb Jan Dec Jan Mar Jan Oct Apr Jan May May
Price Low $5.30 $9.46 $11.68 $15.35 $16.17 $10.20 $11.79 $7.95 $24.90 $22.89 $24.15 $30.72 $24.80 $32.09 112.33% <-Total Growth 10 Stock Price CDN$
Increase 51.86% 78.49% 23.47% 31.42% 5.34% -36.92% 15.59% -32.57% 213.21% -8.07% 5.50% 27.20% -19.27% 29.40% 7.82% <-IRR #YR-> 10 Stock Price 112.33% CDN$
P/E Ratio 6.71 11.26 9.73 12.28 11.63 6.85 8.54 4.52 4.12 3.09 11.48 11.12 6.68 9.37 25.55% <-IRR #YR-> 5 Stock Price 211.95% CDN$
Trailing P/E Ratio 13.95 11.97 13.90 12.79 12.94 7.34 7.91 5.76 14.15 3.79 3.26 14.61 8.98 8.64 7.69 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs T P/E 8.44 8.98 P/E:  7.69 6.68 4.36 P/E Ratio Historical Low CDN$
-$11.68 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.80
Value using exchange rate $9.16 $9.93 $13.19 $13.32 $16.10 $7.95 $12.55 $19.89 $34.49 $20.92 $24.17 $25.80 $24.79 $24.16 $24.16 $24.16
Month, Year US$ Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Dec-26 Dec-27 Dec-28 11.00 <Count Years> Month, Year US$
Price Close $8.95 $9.86 $12.89 $13.52 $15.11 $7.37 $12.73 $20.12 $35.02 $20.39 $24.30 $25.22 $23.25 $22.86 $22.86 $22.86 80.32% <-Total Growth 10 Stock Price US$
Increase 83.24% 10.20% 30.75% 4.85% 11.74% -51.22% 72.80% 58.00% 74.06% -41.77% 19.16% 3.79% -7.81% -1.68% 0.00% 0.00% 8.96 <-Median-> 10 CAPE (10 Yr P/E) US$
P/E Ratio 12.05 13.62 14.88 14.52 13.63 6.75 11.98 14.55 7.34 3.73 15.28 13.14 8.58 9.37 7.59 #DIV/0! 2.93% <-IRR #YR-> 5 Stock Price 15.56% US$
Trailing P/E Ratio 23.43 13.28 17.81 15.60 16.23 6.65 11.66 18.94 25.33 4.28 4.44 15.86 12.11 8.44 9.37 7.59 6.07% <-IRR #YR-> 10 Stock Price 80.32% US$
CAPE (10 Yr P/E) 15.58 16.50 17.30 15.30 16.35 9.42 9.89 10.00 8.50 6.62 6.89 6.97 6.72 6.56 6.24 #DIV/0! 4.70% <-IRR #YR-> 5 Price & Dividend 1466.59% US$
Median 10, 5 Yrs D.  per yr 1.71% 1.76% % Tot Ret 21.99% 37.55% T P/E $13.86 $12.11 P/E:  $12.56 $8.58 7.78% <-IRR #YR-> 10 Price & Dividend 3061.91% US$
Price 15 D.  per yr 3.30% % Tot Ret 16.34% CAPE Diff 4.56% 16.92% <-IRR #YR-> 15 Stock Price 942.60% US$
Price  20 D.  per yr 3.30% % Tot Ret 31.68% 7.12% <-IRR #YR-> 20 Stock Price 295.41% US$
Price  25 D.  per yr 2.58% % Tot Ret 38.21% 4.18% <-IRR #YR-> 21 Stock Price
Price & Dividend 15 20.22% <-IRR #YR-> 15 Price & Dividend 19784.00% US$
Price & Dividend 20 10.41% <-IRR #YR-> 20 Price & Dividend 82.01703555 US$
Price & Dividend 25 6.76% <-IRR #YR-> 21 Price & Dividend
Price  5 -$20.12 $0.00 $0.00 $0.00 $0.00 $23.25 Price  5
Price 10 -$12.89 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.25 Price 10
Price & Dividend 5 -$20.12 $0.32 $0.35 $0.39 $0.39 $23.69 Price & Dividend 5
Price & Dividend 10 -$12.89 $0.17 $0.21 $0.22 $0.25 $0.27 $0.32 $0.35 $0.39 $0.39 $23.69 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 $23.25 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 $23.25 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.25 Price  25
Price & Dividend 15 $0.13 $0.15 $0.14 $0.17 $0.21 $0.22 $0.25 $0.27 $0.32 $0.35 $0.39 $0.39 $23.69 Price & Dividend 15
Price & Dividend 20 $0.13 $0.15 $0.14 $0.17 $0.21 $0.22 $0.25 $0.27 $0.32 $0.35 $0.39 $0.39 $23.69 Price & Dividend 20
Price & Dividend 25 $0.13 $0.15 $0.14 $0.17 $0.21 $0.22 $0.25 $0.27 $0.32 $0.35 $0.39 $0.39 $23.69 Price & Dividend 25
Price H/L Median US$ $7.23 $9.91 $11.52 $12.65 $13.60 $11.65 $10.55 $13.20 $29.27 $27.30 $22.83 $27.75 $21.69 $26.26 88.30% <-Total Growth 10 Stock Price US$
Increase 59.77% 37.07% 16.24% 9.81% 7.51% -14.34% -9.39% 25.09% 121.74% -6.73% -16.39% 21.59% -21.86% 21.07% 6.53% <-IRR #YR-> 10 Stock Price 88.30% US$
P/E Ratio 9.73 13.68 13.29 13.58 12.27 10.66 9.93 9.55 6.14 4.99 14.36 14.45 8.00 10.76 10.44% <-IRR #YR-> 5 Stock Price 64.28% US$
Trailing P/E Ratio 18.92 13.34 15.90 14.59 14.60 10.51 9.66 12.42 21.17 5.72 4.17 17.45 11.29 9.69 22.10% <-IRR #YR-> 10 Price & Dividend 3426.66% US$
P/E on Running 5 yr Average 16.01 21.51 18.58 17.34 15.55 12.33 10.43 11.84 15.54 9.91 7.99 9.17 6.59 9.29 44.00% <-IRR #YR-> 5 Price & Dividend 2276.00% US$
P/E on Running 10 yr Average 22.99 32.71 37.18 33.16 35.51 16.69 14.33 15.22 22.41 15.04 12.02 13.74 9.84 11.15 11.53 P/E Ratio Historical Median US$
Median 10, 5 Yrs D.  per yr 15.57% 33.56% % Tot Ret 70.44% 76.28% T P/E 11.86 11.29 P/E:  10.30 8.00 Count 16 Years of data US$
-$11.52 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $21.69
-$13.20 $0.00 $0.00 $0.00 $0.00 $21.69
-$11.52 $0.17 $0.21 $0.22 $0.25 $0.27 $0.32 $0.35 $0.39 $0.39 $77.93
-$13.20 $0.32 $0.35 $0.39 $0.39 $77.93
High Months US$ Dec May Aug Oct Oct Jan Dec Dec Nov Feb Jul Jul Jan Feb
Price High $8.95 $11.29 $13.76 $14.38 $17.11 $15.92 $12.73 $20.90 $38.96 $37.91 $27.70 $32.10 $24.95 $28.92 81.39% <-Total Growth 10 Stock Price US$
Increase 61.19% 26.13% 21.87% 4.56% 18.96% -6.94% -20.05% 64.18% 86.41% -2.70% -26.93% 15.88% -22.27% 15.91% 6.14% <-IRR #YR-> 10 Stock Price 81.39% US$
P/E Ratio 12.05 15.59 15.87 15.45 15.44 14.58 11.98 15.12 8.17 6.93 17.42 16.72 9.21 11.85 3.61% <-IRR #YR-> 5 Stock Price 19.38% US$
Trailing P/E Ratio 23.43 15.20 19.00 16.60 18.38 14.37 11.66 19.67 28.18 7.95 5.06 20.19 12.99 10.67 14.58 P/E Ratio Historical Median US$
Median 10, 5 Yrs T P/E 15.48 12.99 P/E:  14.85 9.21 16.21 P/E Ratio Historical High US$
-$13.76 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.95
-$20.90 $0.00 $0.00 $0.00 $0.00 $24.95
Low Months US$ Jan Nov Mar Jan Mar Dec Oct Mar Jan Oct Mar Feb Apr Apr
Price Low $5.51 $8.53 $9.28 $10.91 $10.08 $7.37 $8.38 $5.50 $19.58 $16.69 $17.95 $23.41 $18.42 $23.59 98.56% <-Total Growth 10 Stock Price US$
Increase 57.52% 54.85% 8.79% 17.60% -7.59% -26.91% 13.66% -34.33% 256.00% -14.76% 7.55% 30.39% -21.30% 28.07% 7.10% <-IRR #YR-> 10 Stock Price 98.56% US$
P/E Ratio 7.41 11.78 10.71 11.72 9.10 6.75 7.88 3.98 4.10 3.05 11.29 12.19 6.80 9.67 27.35% <-IRR #YR-> 5 Stock Price 234.91% US$
Trailing P/E Ratio 14.42 11.48 12.81 12.59 10.83 6.65 7.67 5.18 14.16 3.50 3.28 14.72 9.59 8.70 9.10 P/E Ratio Historical Median US$
Median 10, 5 Yrs T P/E 8.63 9.59 P/E:  7.34 6.80 4.05 P/E Ratio Historical Low US$
-$9.28 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $18.42
$43 <-12 mths -59.86%
Free Cash Flow US$ Mkt Sc $62.90 -$69.88 $162.70 $227.40 $134.60 $147.30 $56.56 $65.40 <-Total Growth 0 Free Cash Flow US$ Mkt Sc
Change -211.10% 332.83% 39.77% -40.81% 9.44% -61.60% 15.63% 9.44% <-Median-> 5 Change
Free Cash Flow US$ old -$72.88 $199.88 $226.30
Change 374.26% 13.22%
Free Cash Flow MS US$ $3.76 $9.48 $19.56 $19.66 $30.43 $30.74 $47.66 $59.91 $155.11 $175.49 $106.41 $138.58 $149.19 $56.56 $65.40 662.73% <-Total Growth 10 Free Cash Flow CDN$
Change 0.51% 54.78% 1.02% 55.04% 25.70% 158.91% 13.14% -39.36% 30.23% 7.66% -62.09% 15.63% 20.02% <-IRR #YR-> 5 Free Cash Flow MS 149.02% CDN$
FCF/CF from Op Ratio 0.89 0.88 1.31 1.80 2.13 10.13 0.67 0.93 -2.37 0.83 0.45 0.97 0.93 0.83 0.64 22.53% <-IRR #YR-> 10 Free Cash Flow MS 662.73% CDN$
Dividends paid $2.08 $2.42 $2.40 $3.24 $4.43 $4.68 $5.28 $5.63 $6.80 $8.85 $8.56 $9.63 $10.66 $15.51 $15.51 343.16% <-Total Growth 10 Dividends paid CDN$
Percentage paid 12.29% 16.48% 14.56% 15.21% 11.07% 9.39% 4.38% 5.04% 8.04% 6.95% 7.14% 27.41% 23.71% 8.72% <-Median-> 10 Percentage paid CDN$
5 Year Coverage 13.53% 12.34% 8.28% 6.66% 6.45% 6.21% 6.14% 8.50% 11.60% 5 Year Covrage CDN$
Dividend Coverage Ratio 8.13 6.07 6.87 6.57 9.03 10.65 22.81 19.83 12.44 14.39 14.00 3.65 4.22 11.54 <-Median-> 10 Dividend Coverage Ratio CDN$
5 Year of Coverage 7.39 8.10 12.08 15.01 15.51 16.10 16.29 11.77 8.62 5 Year of Caogerage CDN$
$244 <-12 mths 18.77%
Free Cash Flow US$ Calc $4.00 $11.00 $18.89 $11.89 $15.65 $22.00 $89.48 $79.05 -$87.61 $264.05 $306.98 $184.33 $205.79 $79.4 $91.8 CDN$
Free Cash Flow CDN$ WSJ $3.76 $9.48 $13.64 $8.85 $12.47 $16.12 $68.90 $62.09 -$69.11 $194.96 $232.10 $128.11 $150.15 $56.56 $65.40 989.19% <-Total Growth 10 Free Cash Flow US$ fr 2021
Change -37.09% 31.63% 40.58% 306.80% -11.66% -210.83% 401.38% 16.26% -39.95% 11.64% -61.43% 15.63% 21.09% <-IRR #YR-> 5 Free Cash Flow MS 160.32% US$ fr 2021
FCF/CF from Op Ratio 0.91 0.81 0.87 5.31 0.96 0.97 1.06 0.93 0.97 0.90 0.93 0.83 0.64 26.97% <-IRR #YR-> 10 Free Cash Flow MS 989.19% US$ fr 2021
Dividends paid $2.21 $2.81 $3.33 $4.35 $5.56 $6.38 $6.85 $7.17 $6.80 $8.85 $8.56 $9.63 $10.66 $15.51 $15.51 220.03% <-Total Growth 10 Dividends paid US$ fr 2021
Percentage paid 55.33% 25.56% 17.62% 36.59% 35.53% 29.00% 7.66% 9.06% -9.84% 4.54% 3.69% 7.52% 7.10% 19.53% 16.89% $0.08 <-Median-> 10 Percentage paid US$ fr 2021
5 Year Coverage 16.76% 13.90% 27.63% 9.82% 5.86% 5.49% 5.09% 5.11% 6.89% 5 Year Covrage US$ fr 2021
Dividend Coverage Ratio 5.67 2.73 2.81 3.45 13.06 11.03 -12.88 29.84 35.88 19.14 19.31 5.12 5.92 12.04 <-Median-> 10 Dividend Coverage Ratio US$ fr 2021
5 Year of Coverage 5.97 7.20 3.62 10.18 17.06 18.21 19.63 19.56 14.51 5 Year of Caogerage US$ fr 2021
Market Cap in $M US$ $148.0 $164.2 $216.1 $288.7 $323.6 $158.7 $271.9 $427.4 $829.9 $462.8 $545.1 $632.1 $564.0 $553.8 $553.8 $553.8 1.61 <-Total Growth 10 Market Cap 160.96% US$
Market Cap in $M CDN$ $161.1 $191.8 $306.2 $381.7 $432.7 $233.7 $348.1 $537.8 $1,036.3 $643.2 $717.1 $930.6 $824.3 $821.5 $821.5 $821.5 1.69 <-Total Growth 10 Market Cap 169.17% CDN$
Diluted # of Shares in Million 16.63 16.62 16.78 19.02 21.47 21.58 21.49 21.38 21.60 23.54 22.62 23.87 25.23 24.54 50.33% <-Total Growth 10 Diluted CDN$
Change 1.28% -0.01% 0.94% 13.33% 12.91% 0.49% -0.42% -0.51% 1.05% 8.96% -3.89% 5.49% 5.70% -2.73% 4.16% <-IRR #YR-> 10 Diluted CDN$
Difference Diluted/Basic -1.40% -0.51% -0.77% -0.87% -0.56% -0.58% -0.51% -0.97% -0.78% -0.62% -1.06% 1.17% -2.30% -1.17% 3.37% <-IRR #YR-> 5 Diluted CDN$
Change in Diluted Shares per Year CDN$
Basic # of Shares in Millions 16.39 16.54 16.65 18.85 21.35 21.45 21.38 21.17 21.44 23.39 22.39 24.15 24.65 24.25 48.01% <-Total Growth 10 Basic CDN$
Change 1.47% 0.88% 0.68% 13.21% 13.28% 0.47% -0.35% -0.97% 1.25% 9.13% -4.31% 7.86% 2.07% -1.60% 1.66% <-Median-> 10 Change CDN$
Difference 0.88% 0.68% 0.66% 13.25% 0.31% 0.39% -0.11% 0.33% 10.55% -2.99% 0.20% 3.80% -1.57% -0.10% 0.32% <-Median-> 10 Difference CDN$
$187.9 <-12 mths 16.99%
# of Share in Millions 16.539 16.651 16.762 21.350 21.420 21.539 21.355 21.242 23.699 22.694 22.431 25.064 24.259 24.227 24.227 24.227 3.77% <-IRR #YR-> 10 Shares 44.73% US$
Change 0.88% 0.68% 0.66% 27.37% 0.33% 0.56% -0.85% -0.53% 11.57% -4.24% -1.16% 11.74% -3.21% -0.13% 0.00% 0.00% 2.69% <-IRR #YR-> 5 Shares 14.21% US$
Cash Flow from Operations $M US$ $4.24 $10.74 $14.98 $10.93 $14.27 $3.03 $71.45 $64.29 -$65.42 $210.69 $238.08 $142.75 $160.64 $68.08 $102.84 972.33% <-Total Growth 10 Cash Flow US$
Increase 221.62% 153.02% 39.53% -27.06% 30.61% -78.74% 2254.52% -10.02% -201.75% 422.06% 13.00% -40.04% 12.53% -57.62% 51.07% Share Iss SO, Buybacks Cl B Shares Conv. US$
5 year Running Average $1.9 $2.1 $5.8 $7.5 $11.0 $10.8 $22.9 $32.8 $17.5 $56.8 $103.8 $118.1 $137.3 $164.0 $142.5 2270.80% <-Total Growth 10 CF 5 Yr Running US$
CFPS $0.26 $0.64 $0.89 $0.51 $0.67 $0.14 $3.35 $3.03 -$2.76 $9.28 $10.61 $5.70 $6.62 $2.81 $4.25 640.94% <-Total Growth 10 Cash Flow per Share US$
Increase 220.56% 151.32% 38.61% -42.73% 30.18% -78.85% 2274.78% -9.54% -191.20% 436.32% 14.33% -46.34% 16.27% -57.56% 51.07% 26.77% <-Power-> 10 Cash Flow 972.33% US$
5 year Running Average $0.11 $0.13 $0.35 $0.42 $0.59 $0.57 $1.11 $1.54 $0.88 $2.61 $4.70 $5.17 $5.89 $7.01 $6.00 20.10% <-IRR #YR-> 5 Cash Flow 149.86% US$
P/CF on Med Price 28.17 15.37 12.89 24.71 20.41 82.66 3.15 4.36 -10.60 2.94 2.15 4.87 3.27 9.34 0.00 22.17% <-Power-> 10 Cash Flow per Share 640.94% US$
P/CF on Closing Price 34.88 15.29 14.43 26.42 22.67 52.30 3.81 6.65 -12.69 2.20 2.29 4.43 3.51 8.14 5.39 16.95% <-IRR #YR-> 5 Cash Flow per Share 118.78% US$
113.08% Diff M/C 29.59% <-IRR #YR-> 10 CFPS 5 yr Running 1595.46% US$
$203.82 <-12 mths -0.84%
Excl.Working Capital CF US$ $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $256.50 $55.36 -$69.07 $39.76 $44.90 $0.00 $0.00 30.81% <-IRR #YR-> -1 CFPS 5 yr Running 282.94% US$
Cash Flow from Operations $M WC $15.25 $21.74 $25.98 $21.93 $25.28 $14.04 $82.46 $75.30 $191.08 $266.05 $169.01 $182.52 $205.54 $68.08 $102.84 691.02% <-Total Growth 10 Cash Flow less WC US$
Increase 102.89% 42.59% 19.52% -15.60% 15.25% -44.46% 487.37% -8.68% 153.78% 39.23% -36.48% 7.99% 12.61% -66.88% 51.07% 26.91% <-IRR #YR-> 10 Cash Flow less WC 691.02% US$
5 year Running Average $12.9 $13.1 $16.8 $18.5 $22.0 $21.8 $33.9 $43.8 $77.6 $125.8 $156.8 $176.8 $202.8 $178.2 $145.6 22.24% <-IRR #YR-> 5 Cash Flow less WC 172.97% US$
CFPS Excl. WC $0.92 $1.31 $1.55 $1.03 $1.18 $0.65 $3.86 $3.54 $8.06 $11.72 $7.53 $7.28 $8.47 $2.81 $4.25 28.29% <-IRR #YR-> 10 CF less WC 5 Yr Run 1107.58% US$
Increase 101.11% 41.63% 18.73% -33.74% 14.88% -44.77% 492.42% -8.20% 127.46% 45.39% -35.73% -3.35% 16.35% -66.83% 51.07% 35.87% <-IRR #YR-> 5 CF less WC 5 Yr Run 363.10% US$
5 year Running Average $0.76 $0.79 $1.01 $1.05 $1.20 $1.14 $1.65 $2.05 $3.46 $5.57 $6.95 $7.63 $8.62 $7.56 $6.07 18.51% <-IRR #YR-> 10 CFPS - Less WC 446.56% US$
P/CF on Median Price 7.84 7.59 7.43 12.31 11.52 17.87 2.73 3.72 3.63 2.33 3.03 3.81 2.56 9.34 0.00 19.04% <-IRR #YR-> 5 CFPS - Less WC 139.02% US$
P/CF on Closing Price 9.71 7.55 8.32 13.16 12.80 11.31 3.30 5.68 4.34 1.74 3.23 3.46 2.74 8.14 5.39 18.51% <-IRR #YR-> 10 CFPS 5 yr Running 748.82% US$
*Operational Cash Flow. CF/-WC P/CF Med 10 yr 3.82 5 yr  2.94 P/CF Med 10 yr 3.68 5 yr  3.03 121.25% Diff M/C 33.22% <-IRR #YR-> 5 CFPS 5 yr Running 319.64% US$
$263.8 <-12 mths 19.79%
Cash Flow from Operations $M CDN$ $4.5 $12.5 $20.7 $14.7 $17.9 $4.1 $92.8 $81.86 -$82.94 $285.35 $314.88 $205.41 $220.17 $95.54 $144.33 961.38% <-Total Growth 10 Cash Flow CDN$
Increase 230.02% 175.98% 66.55% -29.27% 22.03% -76.88% 2141.64% -11.80% -201.32% 444.06% 10.35% -34.77% 7.19% -56.61% 51.07% Share Iss SO, Buybacks Cl B Shares Conv. CDN$
5 year Running Average $2.1 $2.5 $7.4 $9.8 $14.1 $14.0 $30.1 $42.3 $22.8 $76.2 $138.4 $160.9 $188.6 $224.3 $196.1 2463.63% <-Total Growth 10 CF 5 Yr Running CDN$
CFPS $0.27 $0.75 $1.24 $0.69 $0.84 $0.19 $4.35 $3.85 -$3.50 $12.57 $14.04 $8.20 $9.08 $3.94 $5.96 633.38% <-Total Growth 10 Cash Flow per Share CDN$
Increase 228.88% 174.12% 65.45% -44.47% 21.63% -77.00% 2160.93% -11.32% -190.81% 459.29% 11.65% -41.62% 10.75% -56.55% 51.07% 26.64% <-IRR #YR-> 10 Cash Flow 961.38% CDN$
5 year Running Average $0.12 $0.16 $0.44 $0.55 $0.76 $0.74 $1.46 $1.98 $1.15 $3.49 $6.26 $7.03 $8.08 $9.57 $8.24 21.88% <-IRR #YR-> 5 Cash Flow 168.97% CDN$
P/CF on Med Price 26.48 14.53 12.17 25.44 22.80 81.60 3.28 4.56 -10.49 2.31 2.14 4.60 3.43 2.68 0.00 22.05% <-IRR #YR-> 10 Cash Flow per Share 633.38% CDN$
P/CF on Closing Price 35.70 15.40 14.76 26.02 24.17 56.45 3.75 6.57 -12.50 2.25 2.28 4.53 3.74 8.60 5.69 18.69% <-IRR #YR-> 5 Cash Flow per Share 135.52% CDN$
115.29% Diff M/C 33.75% <-IRR #YR-> 10 CFPS 5 yr Running 1731.97% CDN$
$286.03 <-12 mths 1.53% CDN$
Excl.Working Capital CF CDN$ $17.21 $13.84 $15.33 $30.00 $40.77 $51.02 -$14.98 $14.01 $325.19 $74.98 -$91.36 $57.22 $61.54 $0.00 $0.00 32.43% <-IRR #YR-> 5 CFPS 5 yr Running 307.31% CDN$
Cash Flow from Operations $M WC $21.73 $26.30 $36.07 $44.67 $58.67 $55.16 $77.83 $95.87 $242.26 $360.33 $223.53 $262.62 $281.71 $95.54 $144.33 680.93% <-Total Growth 10 Cash Flow less WC CDN$
Increase 71.10% 21.05% 37.17% 23.83% 31.34% -5.99% 41.10% 23.18% 152.70% 48.74% -37.97% 17.49% 7.27% -66.09% 51.07% 22.82% <-IRR #YR-> 10 Cash Flow less WC 680.93% CDN$
5 year Running Average $8.9 $14.2 $20.6 $28.3 $37.5 $44.2 $54.5 $66.4 $106.0 $166.3 $200.0 $236.9 $274.1 $244.7 $201.5 24.06% <-IRR #YR-> 5 Cash Flow less WC 193.86% CDN$
CFPS Excl. WC $1.31 $1.58 $2.15 $2.09 $2.74 $2.56 $3.64 $4.51 $10.22 $15.88 $9.97 $10.48 $11.61 $3.94 $5.96 29.54% <-IRR #YR-> 10 CF less WC 5 Yr Run 1230.69% CDN$
Increase 69.60% 20.24% 36.27% -2.78% 30.91% -6.51% 42.32% 23.84% 126.50% 55.32% -37.24% 5.14% 10.83% -66.04% 51.07% 32.77% <-IRR #YR-> 5 CF less WC 5 Yr Run 312.55% CDN$
5 year Running Average $0.54 $0.86 $1.24 $1.58 $1.98 $2.22 $2.64 $3.11 $4.74 $7.36 $8.84 $10.21 $11.63 $10.38 $8.39 18.36% <-IRR #YR-> 10 CFPS - Less WC 439.59% CDN$
P/CF on Median Price 5.50 6.88 7.00 8.35 6.96 6.13 3.91 3.89 3.59 1.83 3.01 3.60 2.68 2.68 0.00 20.81% <-IRR #YR-> 5 CFPS - Less WC 157.31% CDN$
P/CF on Closing Price 7.42 7.29 8.49 8.55 7.37 4.24 4.47 5.61 4.28 1.78 3.21 3.54 2.93 8.60 5.69 25.08% <-IRR #YR-> 10 CFPS 5 yr Running 837.35% CDN$
*Operational Cash Flow. CF/-WC P/CF Med 10 yr 3.99 5 yr  2.31 P/CF Med 10 yr 3.75 5 yr  3.01 129.58% Diff M/C 30.19% <-IRR #YR-> 5 CFPS 5 yr Running 274.00% CDN$
-$0.89 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $6.62 Cash Flow per Share US$
-$3.03 $0.00 $0.00 $0.00 $0.00 $6.62 Cash Flow per Share US$
-$0.44 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5.89 CFPS 5 yr Running US$
-$1.54 $0.00 $0.00 $0.00 $0.00 $5.89 CFPS 5 yr Running US$
-$26.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $281.7 Cash Flow less WC US$
-$75.3 $0.0 $0.0 $0.0 $0.0 $205.5 Cash Flow less WC US$
-$16.8 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $202.8 CF less WC 5 Yr Run US$
-$43.8 $0.0 $0.0 $0.0 $0.0 $202.8 CF less WC 5 Yr Run US$
-$1.55 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.47 CFPS - Less WC US$
-$3.54 $0.00 $0.00 $0.00 $0.00 $8.47 CFPS - Less WC US$
-$1.24 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.08 Cash Flow per Share CDN$
-$3.85 $0.00 $0.00 $0.00 $0.00 $9.08 Cash Flow per Share CDN$
-$0.44 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.08 CFPS 5 yr Running CDN$
-$1.98 $0.00 $0.00 $0.00 $0.00 $8.08 CFPS 5 yr Running CDN$
-$36.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $281.7 Cash Flow less WC CDN$
-$95.9 $0.0 $0.0 $0.0 $0.0 $281.7 Cash Flow less WC CDN$
-$20.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $274.1 CF less WC 5 Yr Run CDN$
-$66.4 $0.0 $0.0 $0.0 $0.0 $274.1 CF less WC 5 Yr Run CDN$
-$2.15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $11.61 CFPS - Less WC CDN$
-$4.51 $0.00 $0.00 $0.00 $0.00 $11.61 CFPS - Less WC CDN$
OPM Ratio CDN$ 1.22% 2.73% 3.63% 1.86% 1.73% 0.36% 7.92% 6.57% -4.05% 8.17% 10.63% 6.54% 7.14% 2.99% 96.79% <-Total Growth 10 OPM CDN$
Increase 207.21% 124.82% 32.78% -48.78% -7.12% -78.86% 2069.62% -16.99% -161.58% 301.78% 30.17% -38.53% 9.28% -58.08% Should increase  or be stable. CDN$
Diff from Median -81.5% -58.3% -44.6% -71.6% -73.7% -94.4% 20.8% 0.3% -161.8% 24.6% 62.2% -0.3% 9.0% -54.3% 0.00 <-Median-> 10 OPM CDN$
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 6.55% 5 Yrs 7.14% should be  zero, it is a   check on calculations CDN$
$186 <-12 mths -1.32%
EBITDA US$ $162.16 $173.01 $188.11 <-Total Growth 2 EBITDA US$ Fr Company
Change 6.69% 8.73% 8% <-Median-> 2 Change
Margin 7.24% 7.92% 8.36% 8% <-Median-> 3 Margin
$188 <-12 mths 0.00%
Adjusted EBITDA CDN$ $21.37 $25.48 $34.80 $46.15 $56.31 $78.94 $78.98 $72.73 $195.23 $362.90 $245.00 $265.12 $257.57 640% <-Total Growth 10 Adjusted EBITDA Fr Company CDN$
Adjusted EBITDA US$ $20.09 $21.96 $25.13 $34.37 $44.89 $57.86 $60.81 $57.12 $153.99 $267.94 $185.24 $184.25 $187.92 $181.5 $194.7 $199.0 648% <-Total Growth 10 Adjusted EBITDA US$
Change 61.88% 9.32% 14.44% 36.75% 30.60% 28.91% 5.09% -6.07% 169.59% 74.00% -30.86% -0.53% 1.99% -3.42% 7.27% 2.21% 17% <-Median-> 10 Change US$
Margin 5.76% 5.59% 6.09% 5.85% 5.43% 6.96% 6.74% 5.84% 9.53% 10.39% 8.27% 8.44% 8.35% 7.98% 8.31% #DIV/0! 8% <-Median-> 10 Margin US$
$100 <-12 mths -2.84%
EBITUS$ $158.6 $202.5 $92.3 $108.2 $102.9 $88.0 $103.0 <-Total Growth 4 EBITUS$
Change 27.68% -54.42% 17.23% -4.90% -14.48% 17.05% 6% <-Median-> 4 Change
Margin 9.81% 7.85% 4.12% 4.95% 4.57% 3.87% 4.39% 5% <-Median-> 5 Margin
Comments US$ Bank Debt Bank Debt Bank Debt Bank Debt Bank Debt Bank Debt Comments
Long Term Debt $0.78 $3.55 $0.50 $0.67 $0.85 $1.48 $64.46 $74.60 $281.25 $351.92 $333.35 $295.19 $198.40 $195.93 Bank Debt
Change 36.60% 356.19% -85.85% 34.10% 26.31% 73.76% 4257.88% 15.73% 276.99% 25.13% -5.28% -11.45% -32.79% -1.24% 25.72% <-Median-> 10 Change US$
Debt/Market Cap Ratio 0.01 0.02 0.00 0.00 0.00 0.01 0.24 0.17 0.34 0.76 0.61 0.47 0.35 0.35 0.29 <-Median-> 10 Debt/Market Cap Ratio US$
Assets/Current Liabilities Ratio 3.49 3.34 4.10 2.59 2.81 2.86 2.82 3.13 3.81 3.30 5.41 5.02 4.85 3.75 3.21 <-Median-> 10 Assets/Current Liabilities Ratio US$
Debt to Cash Flow (Years) 0.18 0.33 0.03 0.06 0.06 0.49 0.90 1.16 -4.30 1.67 1.40 2.07 1.24 2.88 1.03 <-Median-> 10 Debt to Cash Flow (Years) US$
Comments CDN$ Bank Debt Bank Debt Bank Debt Bank Debt Bank Debt Bank Debt Comments
Long Term Debt $0.83 $4.12 $0.70 $0.91 $1.07 $2.02 $83.73 $94.99 $356.57 $476.64 $440.88 $424.75 $271.93 $274.97 Bank Debt CDN$
Change 46.03% 397.58% -83.11% 30.03% 18.01% 88.95% 4048.96% 13.45% 275.39% 33.67% -7.50% -3.66% -35.98% 1.12% 24.02% <-Median-> 10 Change CDN$
Debt/Market Cap Ratio 0.01 0.02 0.00 0.00 0.00 0.01 0.24 0.18 0.34 0.74 0.61 0.46 0.33 0.33 0.29 <-Median-> 10 Debt/Market Cap Ratio CDN$
Assets/Current Liabilities Ratio 3.49 3.34 4.10 2.59 2.81 2.86 2.82 3.13 3.81 3.30 5.41 5.02 4.85 3.75 3.21 <-Median-> 10 Assets/Current Liabilities Ratio CDN$
Debt to Cash Flow (Years) 0.18 0.33 0.03 0.06 0.06 0.49 0.90 1.16 -4.30 1.67 1.40 2.07 1.24 2.88 1.03 <-Median-> 10 Debt to Cash Flow (Years) CDN$
Intangibles US$ $0.01 $0.02 $0.03 $15.00 $13.72 $12.34 $21.75 $19.29 $151.64 $282.00 $260.10 $305.46 $277.85 $270.80 1068637% <-Total Growth 10 Intangibles US$
Goodwill $0.00 $0.00 $0.00 $40.74 $41.19 $41.14 $56.19 $61.33 $114.01 $180.25 $181.13 $200.50 $200.50 $200.50 #DIV/0! <-Total Growth 10 Goodwill US$
Total $0.01 $0.02 $0.03 $55.75 $54.91 $53.47 $77.94 $80.62 $265.65 $462.25 $441.23 $505.96 $478.34 $471.29 1839846% <-Total Growth 10 Total US$
Change -28.47% 90.42% 11.70% 214330% -1.50% -2.62% 45.75% 3.45% 229.51% 74.01% -4.55% 14.67% -5.46% -1.47% 9% <-Median-> 10 Change US$
Intangible/Market Cap Ratio 0.00 0.00 0.00 0.19 0.17 0.34 0.29 0.19 0.32 1.00 0.81 0.80 0.85 0.85 33% <-Median-> 10 Intangible/Market Cap Ratio US$
Intangibles CDN$ $0.01 $0.03 $0.04 $20.14 $17.22 $16.83 $28.25 $24.56 $192.25 $381.94 $344.01 $439.52 $380.82 $380.04 1057721% <-Total Growth 10 Intangibles CDN$
Goodwill $0.00 $0.00 $0.00 $54.71 $51.67 $56.12 $72.97 $78.09 $144.55 $244.13 $239.56 $288.49 $274.80 $281.38 #DIV/0! <-Total Growth 10 Goodwill CDN$
Total $0.01 $0.03 $0.04 $74.85 $68.89 $72.95 $101.22 $102.65 $336.79 $626.07 $583.57 $728.02 $655.62 $661.41 1821054% <-Total Growth 10 Total CDN$
Change -23.53% 107.69% 33.33% 207819% -7.97% 5.90% 38.76% 1.41% 228.11% 85.89% -6.79% 24.75% -9.95% 0.88% 15.33% <-Median-> 10 Change CDN$
Intangible/Market Cap Ratio 0.00 0.00 0.00 0.20 0.16 0.31 0.29 0.19 0.32 0.97 0.81 0.78 0.80 0.81 0.32 <-Median-> 10 Intangible/Market Cap Ratio CDN$
Current Assets US$ $99.6 $115.1 $116.9 $195.5 $220.4 $251.2 $267.6 $274.8 $668.7 $759.2 $584.1 $620.6 $580.9 $693.5 Liquidity ratio of 1.5 and up, best Quick Ratio US$
Current Liabilities $34.6 $41.6 $33.5 $106.7 $105.7 $114.0 $155.6 $146.9 $292.4 $433.4 $227.7 $278.3 $282.9 $393.6 2.07 <-Median-> 10 Ratio US$
Liquidity Ratio 2.88 2.77 3.49 1.83 2.09 2.20 1.72 1.87 2.29 1.75 2.56 2.23 2.05 1.76 2.23 <-Median-> 5 Ratio US$
Assets US$ $120.6 $138.6 $137.2 $276.4 $297.3 $326.0 $438.8 $460.2 $1,114.9 $1,429.0 $1,232.1 $1,397.7 $1,373.0 $1,477.7 Debt Ratio of 1.5 and up, best Current Ratio US$
Liabilities $35.3 $45.1 $34.0 $108.0 $106.9 $116.4 $220.6 $220.4 $700.9 $922.0 $705.3 $763.1 $703.0 $808.4 1.97 <-Median-> 10 Ratio US$
Debt Ratio 3.41 3.07 4.04 2.56 2.78 2.80 1.99 2.09 1.59 1.55 1.75 1.83 1.95 1.83 1.75 <-Median-> 5 Ratio US$
Estimates BVPS $28.61 $30.30 Estimates Estimates BVPS
Estimate Book Value $693.1 $734.1 Estimates Estimate Book Value
P/B Ratio (Close) 0.80 0.75 Estimates P/B Ratio (Close)
Difference from 10 year median -32.46% Diff M/C Estimates Difference from 10 yr med.
Book Value US$ $85.260 $93.517 $103.231 $168.317 $190.375 $209.597 $218.236 $239.826 $414.032 $506.972 $526.867 $634.572 $670.021 $669.357 Book Value US$
NCI 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 NCI US$
Book Value $85.260 $93.517 $103.231 $168.317 $190.375 $209.597 $218.236 $239.826 $414.032 $506.972 $526.867 $634.572 $670.021 $669.357 $669.357 $669.357 549.05% <-Total Growth 10 Book Value US$
Book Value per share $5.15 $5.62 $6.16 $7.88 $8.89 $9.73 $10.22 $11.29 $17.47 $22.34 $23.49 $25.32 $27.62 $27.63 $43.17 #DIV/0! 348.47% <-Total Growth 10 Book Value per Share US$
Increase 10.62% 8.95% 9.66% 28.01% 12.74% 9.49% 5.02% 10.48% 54.74% 27.87% 5.15% 7.79% 9.09% 0.03% 56.25% #DIV/0! -29.23% P/B Ratio Current/Historical Median US$
P/B Ratio (Median) 1.40 1.76 1.87 1.60 1.53 1.20 1.03 1.17 1.68 1.22 0.97 1.10 0.79 0.95 1.17 P/B Ratio Historical Median US$
P/B Ratio (Close) 1.74 1.76 2.09 1.71 1.70 0.76 1.25 1.78 2.00 0.91 1.03 1.00 0.84 0.83 0.53 #DIV/0! 16.19% <-IRR #YR-> 10 Book Value per Share 348.47% US$
Change 65.65% 1.15% 19.23% -18.09% -0.89% -55.45% 64.55% 43.01% 12.48% -54.46% 13.33% -3.71% -15.49% -1.71% -36.00% #DIV/0! 19.59% <-IRR #YR-> 5 Book Value per Share 144.63% US$
Leverage (A/BK) 1.41 1.48 1.33 1.64 1.56 1.56 2.01 1.92 2.69 2.82 2.34 2.20 2.05 2.21 2.34 <-Median-> 5 A/BV US$
Debt/Equity Ratio 0.41 0.48 0.33 0.64 0.56 0.56 1.01 0.92 1.69 1.82 1.34 1.20 1.05 1.21 1.34 <-Median-> 5 Debt/Eq Ratio US$
Shareholders' Equity (Assets less Liabilities) P/BV 10 yr Med 1.18 5 yr Med 1.10 -30.06% Diff M/C 1.59 Historical Leverage (A/BK) US$
-$6.16 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $27.62
-$11.29 $0.00 $0.00 $0.00 $0.00 $27.62
Current Assets CDN$ $106.0 $133.5 $161.8 $262.5 $276.5 $342.7 $347.5 $349.9 $847.8 $1,028.3 $772.5 $893.0 $796.1 $973.3 Liquidity ratio of 1.5 and up, best Quick Ratio CDN$
Current Liabilities $36.8 $48.2 $46.4 $143.2 $132.6 $155.6 $202.1 $187.1 $370.8 $587.0 $301.2 $400.5 $387.7 $552.3 2.07 <-Median-> 10 Ratio CDN$
Liquidity Ratio 2.88 2.77 3.49 1.83 2.09 2.20 1.72 1.87 2.29 1.75 2.56 2.23 2.05 1.76 2.23 <-Median-> 5 Ratio CDN$
Liq. with CF aft div 2.94 2.97 3.87 1.90 2.18 2.19 2.14 2.27 2.23 2.22 3.57 2.71 2.58 1.91 2.58 <-Median-> 5 Ratio If Div = 0 CDN$
Liq. CF re  Inv+Div  2.70 2.19 3.76 0.97 2.03 2.07 1.68 1.93 1.10 1.35 3.37 1.77 2.52 1.91 1.77 <-Median-> 5 Ratio CDN$
Assets CDN$ $128.3 $160.8 $190.0 $371.1 $372.9 $444.8 $570.0 $586.0 $1,413.5 $1,935.4 $1,629.6 $2,011.1 $1,881.8 $2,073.8 Debt Ratio of 1.5 and up, best Current Ratio CDN$
Liabilities $37.6 $52.3 $47.1 $145.1 $134.1 $158.8 $286.5 $280.6 $888.6 $1,248.8 $932.8 $1,098.0 $963.5 $1,134.5 1.97 <-Median-> 10 Ratio CDN$
Debt Ratio 3.41 3.07 4.04 2.56 2.78 2.80 1.99 2.09 1.59 1.55 1.75 1.83 1.95 1.83 1.75 <-Median-> 5 Ratio CDN$
Estimates BVPS $40.15 $42.52 Estimates Estimates BVPS
Estimate Book Value $972.7 $1,030.2 Estimates Estimate Book Value
P/B Ratio (Close) 0.84 0.80 Estimates P/B Ratio (Close)
Difference from 10 year median -25.14% Diff M/C Estimates Difference from 10 yr med.
Book Value CDN$ $90.683 $108.489 $142.948 $225.999 $238.826 $285.932 $283.445 $305.346 $524.910 $686.643 $696.834 $913.086 $918.331 $939.376 Book Value CDN$
NCI 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 NCI CDN$
Book Value $90.683 $108.489 $142.948 $225.999 $238.826 $285.932 $283.445 $305.346 $524.910 $686.643 $696.834 $913.086 $918.331 $939.376 $939.376 $939.376 542.42% <-Total Growth 10 Book Value CDN$
Book Value per share $5.48 $6.52 $8.53 $10.59 $11.15 $13.28 $13.27 $14.37 $22.15 $30.26 $31.07 $36.43 $37.86 $38.77 $38.77 $38.77 343.89% <-Total Growth 10 Book Value per Share CDN$
Increase 18.26% 18.83% 30.89% 24.12% 5.33% 19.06% -0.02% 8.30% 54.08% 36.60% 2.68% 17.26% 3.91% 2.43% 0.00% 0.00% -17.10% P/B Ratio Current/Historical Median CDN$
P/B Ratio (Median) 1.32 1.67 1.77 1.65 1.71 1.18 1.07 1.22 1.66 0.96 0.97 1.04 0.82 0.93 1.05 P/B Ratio Historical Median CDN$
P/B Ratio (Close) 1.78 1.77 2.14 1.69 1.81 0.82 1.23 1.76 1.97 0.94 1.03 1.02 0.90 0.87 0.87 0.87 16.07% <-IRR #YR-> 10 Book Value per Share 343.89% CDN$
Change 59.93% -0.47% 21.16% -21.15% 7.26% -54.89% 50.26% 43.43% 12.09% -52.56% 9.87% -0.96% -11.93% -2.57% 0.00% 0.00% 21.37% <-IRR #YR-> 5 Book Value per Share 163.34% CDN$
Leverage (A/BK) 1.41 1.48 1.33 1.64 1.56 1.56 2.01 1.92 2.69 2.82 2.34 2.20 2.05 2.21 2.34 <-Median-> 5 A/BV CDN$
Debt/Equity Ratio 0.41 0.48 0.33 0.64 0.56 0.56 1.01 0.92 1.69 1.82 1.34 1.20 1.05 1.21 1.34 <-Median-> 5 Debt/Eq Ratio CDN$
Shareholders' Equity (Assets less Liabilities) P/BV 10 yr Med 1.13 5 yr Med 0.97 -22.48% Diff M/C 1.64 Historical Leverage (A/BK) CDN$
-$8.53 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $37.86
-$14.37 $0.00 $0.00 $0.00 $0.00 $37.86
$60.37 <-12 mths -0.29%
Comprehensive Income US$ $15.44 $17.25 $26.39 $17.52 $12.82 $38.03 $13.29 $24.25 $103.10 $126.65 $34.47 $45.36 $60.55 129.43% <-Total Growth 10 Comprehensive Income US$
Increase 184.89% 11.74% 52.97% -33.62% -26.81% 196.58% -65.06% 82.56% 325.07% 22.84% -72.78% 31.58% 33.50% 31.58% <-Median-> 5 Comprehensive Income US$
5 Yr Running Average $2.87 $8.92 $14.27 $16.40 $17.88 $22.40 $21.61 $21.18 $38.30 $61.06 $60.35 $66.77 $74.02 8.66% <-IRR #YR-> 10 Comprehensive Income 129.43% US$
ROE 18.1% 18.4% 25.6% 10.4% 6.7% 18.1% 6.1% 10.1% 24.9% 25.0% 6.5% 7.1% 9.0% 20.08% <-IRR #YR-> 5 Comprehensive Income 149.64% US$
5Yr Median 7.1% 9.7% 18.1% 18.1% 18.1% 18.1% 10.4% 10.1% 10.1% 18.1% 10.1% 10.1% 9.0% 17.90% <-IRR #YR-> 10 5 Yr Running Average 418.92% US$
% Difference from Net Income 25.68% 42.80% 81.40% -1.43% -46.30% 61.31% -41.67% -17.87% -0.05% -1.57% -4.38% -2.41% -11.51% 28.43% <-IRR #YR-> 5 5 Yr Running Average 249.48% US$
Median Values Diff 5, 10 yr -3.4% -2.4% 9.0% <-Median-> 5 Return on Equity
-$26.4 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $60.6
-$24.3 $0.0 $0.0 $0.0 $0.0 $60.6
-$14.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $74.0
-$21.2 $0.0 $0.0 $0.0 $0.0 $74.0
Current Liability Coverage Ratio 0.44 0.52 0.78 0.21 0.24 0.12 0.53 0.51 0.65 0.61 0.74 0.66 0.73 0.17 #DIV/0!   CFO / Current Liabilities US$
5 year Median 0.52 0.52 0.52 0.44 0.44 0.24 0.24 0.24 0.51 0.53 0.61 0.65 0.66 0.66 #DIV/0! 0.57 <-Median-> 10 Current Liability Cov Ratio US$
Asset Efficiency Ratio 12.64% 15.68% 18.94% 7.94% 8.50% 4.31% 18.79% 16.36% 17.14% 18.62% 13.72% 13.06% 14.97% 4.61% CFO / Total Assets US$
5 year Median 12.64% 12.64% 13.86% 12.64% 12.64% 8.50% 8.50% 8.50% 16.36% 17.14% 17.14% 16.36% 14.97% 13.72% 14.3% <-Median-> 10 Return on Assets  US$
Return on Assets ROA 10.19% 8.72% 10.60% 6.43% 8.03% 7.23% 5.19% 6.42% 9.25% 9.00% 2.93% 3.33% 4.98% 4.00% Net  Income/Assets Return on Assets US$
5Yr Median 5.65% 6.23% 8.72% 8.72% 8.72% 8.03% 7.23% 6.43% 7.23% 7.23% 6.42% 6.42% 4.98% 4.00% 6.4% <-Median-> 10 Asset Efficiency Ratio US$
Return on Equity ROE 14.41% 12.92% 14.09% 10.56% 12.54% 11.25% 10.44% 12.31% 24.91% 25.38% 6.84% 7.32% 10.21% 8.83% Net Inc/ Shareholders' equity Return on Equity US$
5Yr Median 8.13% 8.58% 12.92% 12.92% 12.92% 12.54% 11.25% 11.25% 12.31% 12.31% 12.31% 12.31% 10.21% 8.83% 10.9% <-Median-> 10 Return on Equity US$
$66.35 <-12 mths -3.03%
Net Income US$ $12.29 $12.08 $14.55 $17.77 $23.88 $23.57 $22.78 $29.53 $103.15 $128.67 $36.05 $46.48 $68.43 370.34% <-Total Growth 10 Net Income US$
NCI $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 US$
Net Income $12.29 $12.08 $14.55 $17.77 $23.88 $23.57 $22.78 $29.53 $103.15 $128.67 $36.05 $46.48 $68.43 $59.1 $72.9 370.34% <-Total Growth 10 Net Income US$
Increase 97.81% -1.67% 20.43% 22.15% 34.36% -1.27% -3.38% 29.67% 249.25% 24.74% -71.98% 28.93% 47.23% -13.61% 23.36% EPS/CF Ratio should not be higher than 1.00 US$
5 Yr Running Average $3.1 $7.5 $10.2 $13 $16 $18 $21 $24 $41 $62 $64 $69 $77 $68 $57 16.75% <-IRR #YR-> 10 Net Income 370.34% US$
Operating Cash Flow $4.2 $10.7 $15.0 $10.9 $14.3 $3.0 $71.5 $64.3 -$65.4 $210.7 $238.1 $142.8 $160.6 18.30% <-IRR #YR-> 5 Net Income 131.70% US$
Investment Cash Flow -$3.1 -$14.8 -$1.0 -$103.4 -$7.9 -$6.5 -$43.0 -$25.7 -$306.6 -$279.5 -$13.5 -$147.5 -$6.6 22.29% <-Power-> 10 5 Yr Running Average 647.73% US$
Total Accruals $11.2 $16.1 $0.5 $110.2 $17.5 $27.1 -$5.6 -$9.1 $475.2 $197.5 -$188.6 $51.2 -$85.6 26.64% <-IRR #YR-> 5 5 Yr Running Average 225.67% US$
Total Assets $120.6 $138.6 $137.2 $276.4 $297.3 $326.0 $438.8 $460.2 $1,114.9 $1,429.0 $1,232.1 $1,397.7 $1,373.0 Balance Sheet Assets US$
Accruals Ratio 9.25% 11.65% 0.40% 39.89% 5.90% 8.30% -1.28% -1.97% 42.62% 13.82% -15.30% 3.66% -6.24% 3.66% <-Median-> 5 Ratio US$
EPS/CF Ratio (WC) 0.81 0.55 0.56 0.91 0.94 1.68 0.28 0.39 0.59 0.47 0.21 0.26 0.32 0.43 <-Median-> 10 EPS/CF Ratio US$
-$14.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $68.4
-$29.5 $0.0 $0.0 $0.0 $0.0 $68.4
-$10.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $76.6
-$23.5 $0.0 $0.0 $0.0 $0.0 $76.6
Financial Cash Flow US$ -$1.1 $4.0 -$14.0 $93.0 -$6.7 $4.5 -$18.0 -$50.4 $378.9 $128.6 -$286.0 $30.0 -$173.7 C F Statement  Financial Cash Flow CDN$
Total Accruals $12.3 $12.1 $14.6 $17.2 $24.2 $22.6 $12.3 $41.4 $96.3 $68.8 $97.4 $21.2 $88.1 Accruals CDN$
Accruals Ratio 10.20% 8.76% 10.61% 6.22% 8.15% 6.92% 2.81% 8.99% 8.64% 4.82% 7.91% 1.52% 6.41% 6.41% <-Median-> 5 Ratio CDN$
Yes 0
$84.73 <-12 mths 2.10%
Comprehensive Income CDN$ $16.42 $20.01 $36.55 $23.52 $16.09 $51.88 $17.26 $30.88 $130.71 $171.53 $45.59 $65.26 $82.99 127.09% <-Total Growth 10 Comprehensive Income CDN$
Increase 204.56% 21.87% 82.60% -35.64% -31.61% 222.52% -66.74% 78.96% 323.26% 31.23% -73.42% 43.15% 27.16% 31.23% <-Median-> 5 Comprehensive Income CDN$
5 Yr Running Average $2.96 $9.69 $17.06 $20.38 $22.52 $29.61 $29.06 $27.92 $49.36 $80.45 $79.19 $88.79 $99.22 8.55% <-IRR #YR-> 10 Comprehensive Income 127.09% CDN$
ROE 18.1% 18.4% 25.6% 10.4% 6.7% 18.1% 6.1% 10.1% 24.9% 25.0% 6.5% 7.1% 9.0% 21.86% <-IRR #YR-> 5 Comprehensive Income 168.74% CDN$
5Yr Median 7.1% 9.7% 18.1% 18.1% 18.1% 18.1% 10.4% 10.1% 10.1% 18.1% 10.1% 10.1% 9.0% 19.25% <-Power-> 10 5 Yr Running Average 481.49% CDN$
% Difference from Net Income 25.68% 42.80% 81.40% -1.43% -46.30% 61.31% -41.67% -17.87% -0.05% -1.57% -4.38% -2.41% -11.51% 28.86% <-IRR #YR-> 5 5 Yr Running Average 255.31% CDN$
Median Values Diff 5, 10 yr -3.4% -2.4% 9.0% <-Median-> 5 Return on Equity
-$36.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $83.0
-$30.9 $0.0 $0.0 $0.0 $0.0 $83.0
-$17.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $99.2
-$27.9 $0.0 $0.0 $0.0 $0.0 $99.2
Current Liability Coverage Ratio 0.59 0.55 0.78 0.31 0.44 0.35 0.39 0.51 0.65 0.61 0.74 0.66 0.73 0.17   CFO / Current Liabilities CDN$
5 year Median 0.39 0.39 0.55 0.55 0.55 0.44 0.39 0.39 0.44 0.51 0.61 0.65 0.66 0.66 0.56 <-Median-> 10 Current Liability Cov Ratio CDN$
Asset Efficiency Ratio 16.94% 16.35% 18.99% 12.04% 15.73% 12.40% 13.65% 16.36% 17.14% 18.62% 13.72% 13.06% 14.97% 4.61% CFO / Total Assets CDN$
5 year Median 6.25% 11.61% 16.35% 16.35% 16.35% 15.73% 13.65% 13.65% 15.73% 16.36% 16.36% 16.36% 14.97% 13.72% 14.3% <-Median-> 10 Return on Assets  CDN$
Return on Assets ROA 10.19% 8.72% 10.60% 6.43% 8.03% 7.23% 5.19% 6.42% 9.25% 9.00% 2.93% 3.33% 4.98% 4.00% Net  Income/Assets Return on Assets CDN$
5Yr Median 5.65% 6.12% 8.72% 8.72% 8.72% 8.03% 7.23% 6.43% 7.23% 7.23% 6.42% 6.42% 4.98% 4.00% 6.4% <-Median-> 10 Asset Efficiency Ratio CDN$
Return on Equity ROE 14.41% 12.92% 14.09% 10.56% 12.54% 11.25% 10.44% 12.31% 24.91% 25.38% 6.84% 7.32% 10.21% 8.83% Net Inc/ Shareholders' equity Return on Equity CDN$
5Yr Median 8.13% 8.44% 12.92% 12.92% 12.92% 12.54% 11.25% 11.25% 12.31% 12.31% 12.31% 12.31% 10.21% 8.83% 10.9% <-Median-> 10 Return on Equity CDN$
$93.12 <-12 mths -0.71%
Net Income CDN$ $13.07 $14.02 $20.15 $23.86 $29.95 $32.16 $29.58 $37.60 $130.77 $174.27 $47.68 $66.88 $93.79 365.54% <-Total Growth 10 Net Income CDN$
NCI $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 CDN$
Net Income $13.07 $14.02 $20.15 $23.86 $29.95 $32.16 $29.58 $37.60 $130.77 $174.27 $47.68 $66.88 $93.79 $82.96 $102.34 365.54% <-Total Growth 10 Net Income CDN$
Increase 111.47% 7.25% 43.75% 18.45% 25.53% 7.36% -8.02% 27.12% 247.77% 33.27% -72.64% 40.27% 40.24% -11.54% 23.36% EPS/CF Ratio should not be higher than 1.00 CDN$
5 Yr Running Average $3.2 $8.1 $11.9 $15 $20 $24 $27 $31 $52 $81 $84 $91 $103 $93 $79 16.63% <-IRR #YR-> 10 Net Income 365.54% CDN$
Operating Cash Flow $4.5 $12.5 $20.7 $14.7 $17.9 $4.1 $92.8 $81.9 -$82.9 $285.4 $314.9 $205.4 $220.2 20.06% <-IRR #YR-> 5 Net Income 149.42% CDN$
Investment Cash Flow -$3.3 -$17.2 -$1.4 -$138.8 -$10.0 -$8.9 -$55.9 -$32.7 -$388.7 -$378.5 -$17.8 -$212.2 -$9.0 24.05% <-Power-> 10 5 Yr Running Average 763.22% CDN$
Total Accruals $11.9 $18.7 $0.8 $148.0 $22.0 $36.9 -$7.3 -$11.6 $602.4 $267.4 -$249.4 $73.6 -$117.4 27.37% <-IRR #YR-> 5 5 Yr Running Average 235.19% CDN$
Total Assets $128.3 $160.8 $190.0 $371.1 $372.9 $444.8 $570.0 $586.0 $1,413.5 $1,935.4 $1,629.6 $2,011.1 $1,881.8 Balance Sheet Assets CDN$
Accruals Ratio 9.25% 11.65% 0.40% 39.89% 5.90% 8.30% -1.28% -1.97% 42.62% 13.82% -15.30% 3.66% -6.24% 3.66% <-Median-> 5 Ratio CDN$
EPS/CF Ratio (WC) 0.60 0.53 0.56 0.60 0.51 0.58 0.38 0.39 0.59 0.47 0.21 0.26 0.32 0.43 <-Median-> 10 EPS/CF Ratio CDN$
-$20.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $93.8
-$37.6 $0.0 $0.0 $0.0 $0.0 $93.8
-$11.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $102.7
-$30.6 $0.0 $0.0 $0.0 $0.0 $102.7
Change in Close 89.13% 18.28% 58.59% -2.13% 12.98% -46.29% 50.23% 55.34% 72.71% -35.19% 12.81% 16.14% -8.48% -0.21% 0.00% 0.00% Count 22 Years of data CDN$
up/down down down down down down down Down Down Up Up Count 16 72.73% CDN$
Meet Prediction? Yes Yes Yes % right Count 7 43.75% CDN$
Financial Cash Flow CDN$ -$1.2 $4.7 -$19.4 $124.9 -$8.4 $6.1 -$23.3 -$64.2 $480.3 $174.2 -$378.3 $43.2 -$238.0 C F Statement  Financial Cash Flow CDN$
Total Accruals $13.1 $14.1 $20.2 $23.1 $30.4 $30.8 $16.0 $52.7 $122.1 $93.2 $128.9 $30.5 $120.7 Accruals CDN$
Accruals Ratio 10.20% 8.76% 10.61% 6.22% 8.15% 6.92% 2.81% 8.99% 8.64% 4.82% 7.91% 1.52% 6.41% 6.41% <-Median-> 5 Ratio CDN$
Yes 0
Cash US$ $0.073 $0.011 $0.000 $0.570 $0.250 $1.134 $11.640 $0.459 $7.762 $65.068 $3.643 $28.111 $1.815 $1.656 Cash US$
Cash per Share $0.00 $0.00 $0.00 $0.03 $0.01 $0.05 $0.55 $0.02 $0.33 $2.87 $0.16 $1.12 $0.07 $0.07 $0.33 <-Median-> 5 Cash per Share US$
Percentage of Stock Price 0.05% 0.01% 0.00% 0.20% 0.08% 0.71% 4.28% 0.11% 0.94% 14.06% 0.67% 4.45% 0.32% 0.30% 0.94% <-Median-> 5 % of Stock Price US$
Cash CDN$ $0.078 $0.013 $0.000 $0.766 $0.313 $1.547 $15.118 $0.584 $9.841 $88.128 $4.818 $40.449 $2.488 $2.324 Cash CDN$
Cash per Share $0.00 $0.00 $0.00 $0.04 $0.01 $0.07 $0.71 $0.03 $0.42 $3.88 $0.21 $1.61 $0.10 $0.10 $0.42 <-Median-> 5 Cash per Share CDN$
Percentage of Stock Price 0.05% 0.01% 0.00% 0.20% 0.07% 0.66% 4.34% 0.11% 0.95% 13.70% 0.67% 4.35% 0.30% 0.28% 0.95% <-Median-> 5 % of Stock Price CDN$
Notes:
June 7, 2026.  Last estimates were for 2025, 2026 in US$ of $2203M, $2279M Revenue, $213, 2.85, 3.17 2025/7 AEPS, $2.16, $2.73 EPS, $0.43, $0.47 Dividends, 
$70.47M, $66.01M FCF, $2.40, $2.79 CFPS, $171M, $186M, $195M 2025/7 EBITDA, $26.12, $27.66 BVPS, $54.7M, $69M Net Income.
May 29, 2024.  Last estimates were for 2024, 2025 of $2199M, $2293M US$ Revenue, $3.01, $3.46 US$ AEPS, $2.46, $3.08, $3.89 2024/6 US$ EPS, 
$0.64, $0.69 CDN$ Dividends, $81M, $76M US$ FCF, $3.90, $5.09 US$ CFPS, $187.8M, $200.8M, $210M 2024/6 US$ EBITDA, $25.60, $27.30 US$ BVPS, $52.9M, $65.6M US$ Net Income.
May 28, 2024.  Last estimates were for 2023, 2024 of $3108M, $3175M CDN$, $2.16, $2.85 US$ AEPS, $0.58, $0.63 CDN$ Dividend, $187M, $82.2M CDN$ FCF, 
$32.30, $35.60 CDN$ CFPS, $64.7M, $91.8M CDN$ Net Income.
May 31, 2023.  Last estimates were for 2022 and 2023 of 3,188M, $3,129NM CDN$ for Revenue, $5.90, $5.92 and $4.75 US$ for AEPS 2022/24, $7.07, $6.79 for EPS CDN$, 
$0.49, $0.62 CDN$ for Dividends, $250m $227 and $229 CDN$ 2022/24 for FCF, $170M, $164M CDN$ for Net Income.
December 5, 2022.  Hardwoods Distribution Inc (TSX-HDI, OTC- HDIUF), change their name to Adentra Inc (TSX-ADEN, OTC-HDIUF).  Web site from https://hdidist.com/ to https://adentragroup.com/.
May 30, 2022.  Last estimates were for 2021 and 2022 of $1321M, $1382M for Revenue, $2.74 and $2.87 for EPS, 
$0.39 and $0.40 for Dividends, $43.5M and $51M for FCF and $60.1M and $61.3M for Net Income.
May 30, 2021.  Last estimates were for 2020 and 2021 of $1164M, $1219M for Revenue, $0.55, $1.46 and $1.83 for EPS for 2020 to 2022, 
$0.35, $0.37 and $0.39 for Dividends for 2020 to 2022, $27.7M and $25. 7M for FCF and $11.6 and $31.2 for Net Income.
May 24, 2020.  Last estimates are for 2019 and 2020 of $1191M and $1233M for Revenue, $1.39 and 1.62 for EPS, $1.90 and $1.93 for CFPS and $22.8M and $35M for Net Income.
May 27, 2019.  Last estimates were for 2018, 2019 and 2020 of $1102M, $1146M and $1193M for Revenue, $1.70, $1.89 and $2.07 for EPS, 
$1.69, $1.90 and $1.93 for CFPS, and $36.2M and $40.3M for Net Income for 2018 and 2019.
May 20, 2018.  Last estimates were for 2017 and 2018 of $1051M and $1098M for Revenue, $1.64 and $1.66 for EPS, $2.04 and $2.12 for CFPS.
March 14, 2018 the company changed their TSX Symbol from HWD to HDI.
July 11, 2011 changed from Income Fund to Corp.
It aqppears that it went public in March 23, 2004 using Highwoods Rescources TSX symbol but at (TSX-HWD-UN) with an IPO of $10.00 a Share.
On November 29, 2002 , Dynatec Corporation("Dynatec") indirectly acquired Highwood Resources Ltd.
In 1997 there was a Highwood Resources Ltd (TSX-HWD, MASDAQ-HIWDF) company.  It was engaged in the mining, processing and marketing of industrial minerals
and in the development of rare earth and specialty metal properties.  It produced its last annual report in 2001.
Sector:
Materials
What should this stock accomplish?
I would expect the dividends to be low and the growth in dividends to be in the moderate range.  
This stock would provide a nice diversification for a portfolio invested in the TSX.
Would I buy this company and Why.
This is a dividend growth small cap.  It will probably do well for shareholders over the longer term.
Why am I following this stock. 
In April 2017, I asked for suggestions on what stocks I should now follow because of a number that I had followed had been bought out.  This was one of the suggestions.
I bought the stock in 2020 as Hardwoods Distribution Inc (TSX-HDI, OTC- HDIUF).  In 2022 the company changed its name to Adentra Inc (TSX-ADEN, OTC-HDIUF).
Dividends
Dividends are paid quarterly in Cycle 1 of January, April, July and October.   Dividends are generally declared in one month for shareholders of record of the following month and paid in that month.
For example, the dividends declared on March 11, 2016 was for shareholders of record of April 19, 2016 and paid on April 29, 2016.  January's dividend are often declared a couple of months early.
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customers, employees, and community and and thereby earn shareholders a reasonable return.
For customers 
For employees 
For community 
For investors 
How they make their money.
ADENTRA Inc is a distributor of architectural building products serving residential, repair and remodel, and commercial construction markets through regional customer service 
centers with some light manufacturing capabilities. The Company operates across North America, with the majority of sales generated in the United States and additional operations in Canada.  
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 2018 May 27 2019 May 27 2020 May 30 2021 May 30 2022 May 31 2023 May 31 2024 May 29 2025 Jun 7 2026
Brown, Robert James 0.49% 0.131 0.61% 0.141 0.66% 0.164 0.69% 0.242 1.07% 0.294 1.31% 0.311 1.24% 0.311 1.28% 0.311 1.28% 0.00%
CEO - Shares - Amount $1.134 $2.135 $3.560 $7.166 $6.850 $9.407 $11.535 $10.556 $10.535
Options - percentage 0.48% 0.115 0.54% 0.142 0.67% 0.161 0.68% 0.136 0.60% 0.203 0.91% 0.186 0.74% 0.287 1.18% 0.235 0.97% -18.31%
Options - amount $1.115 $1.868 $3.585 $7.041 $3.842 $6.493 $6.915 $9.761 $7.957
Karmally, Faiz Hanif 0.06% 0.015 0.07% 0.017 0.08% 0.023 0.10% 0.040 0.18% 0.055 0.25% 0.061 0.24% 0.066 0.27% 0.071 0.29% 7.56%
CFO - Shares - Amount $0.141 $0.247 $0.438 $0.997 $1.127 $1.766 $2.256 $2.248 $2.413
Options - percentage 0.11% 0.031 0.15% 0.032 0.15% 0.038 0.16% 0.038 0.17% 0.069 0.31% 0.064 0.25% 0.097 0.40% 0.079 0.33% -18.36%
Options - amount $0.253 $0.507 $0.806 $1.668 $1.070 $2.208 $2.359 $3.307 $2.694
Blanco, Lance Richard 0.52% 0.101 0.47% 0.104 0.49% 0.095 0.40% 0.108 0.48% 0.108 0.48% 0.106 0.42% 0.106 0.44% 0.106 0.44% 0.00%
Officer - Shares - Amount $1.209 $1.653 $2.639 $4.144 $3.063 $3.455 $3.934 $3.601 $3.593
Options - percentage 0.13% 0.033 0.15% 0.041 0.19% 0.045 0.19% 0.039 0.17% 0.060 0.27% 0.055 0.22% 0.087 0.36% 0.071 0.29% -18.03%
Options - amount $0.313 $0.539 $1.038 $1.957 $1.114 $1.925 $2.053 $2.948 $2.412
Dickinson, Drew 0.083 0.34% 0.083 0.34% 0.00%
Officer - Shares - Amount $2.810 $2.804
Options - percentage 0.107 0.44% 0.095 0.39% -10.59%
Options - amount $3.623 $3.233
Figgins, Daniel Brian 0.044 0.17% 0.024 0.10% 0.024 0.10% 0.00%
Officer - Shares - Amount $1.616 $0.799 $0.798
Options - percentage 0.029 0.11% 0.041 0.17% 0.033 0.14% -19.06%
Options - amount $1.059 $1.394 $1.126
Lewis, Michelle 0.013 0.05% 0.015 0.06% 0.016 0.07% 0.018 0.07% 0.021 0.09% 0.023 0.09% 8.85%
Director - Shares - Amount $0.561 $0.417 $0.523 $0.681 $0.706 $0.767
Options - percentage 0.002 0.01% 0.002 0.01% 0.004 0.02% 0.002 0.01% 0.004 0.01% 0.006 0.03% 78.38%
Options - amount $0.083 $0.046 $0.126 $0.091 $0.123 $0.219
Burke, Charlotte 0.008 0.03% 0.010 0.04% 0.011 0.05% 18.66%
Director - Shares - Amount $0.281 $0.327 $0.387
Options - percentage 0.002 0.01% 0.004 0.01% 0.003 0.01% -16.65%
Options - amount $0.091 $0.120 $0.100
Judd, George Rupert 0.007 0.03% 0.010 0.04% 34.49%
Director - Shares - Amount $0.255 $0.342
Options - percentage 0.004 0.02% 0.004 0.01% -16.65%
Options - amount $0.144 $0.120
Taylor, Robert Lee 0.019 0.08% 0.023 0.09% 0.028 0.12% 23.51%
Chair - Shares - Amount $0.707 $0.772 $0.952
Options - percentage 0.004 0.01% 0.005 0.02% 0.007 0.03% 38.94%
Options - amount $0.136 $0.179 $0.248
Wilson, Graham M. 0.050 0.22% 0.053 0.24% 0.056 0.22% Ceased insider 2025
Chair - Shares - Amount $1.429 $1.706 $2.073
Options - percentage 0.003 0.01% 0.015 0.07% 0.003 0.01%
Options - amount $0.083 $0.480 $0.113
Doman, Amar Owns Futura Corp that buys
10% Holder - Shares - Amt into business.
Options - percentage
Options - amount
Increase in O/S Shares 0.32% 0.119 0.55% 0.087 0.41% 0.108 0.51% 0.130 0.55% 0.240 1.06% 0.158 0.70% 0.051 0.20% 0.078 0.32% Average 0.57%
Due to Stock Options $1.402 $1.293 $1.426 $2.743 $4.567 $6.815 $4.486 $1.888 $2.635
Book Value $1.406 $2.736 $1.016 $1.452 $1.237 $1.424 $2.362 $0.658 $0.903
Insider Buying $0.000 -$0.124 -$80.594 $0.000 -$0.049 $0.000 -$0.117 $0.000 $0.000
Insider Selling $0.092 $0.131 $0.000 $3.997 $0.065 $0.000 $0.402 $78.801 $0.000 0 is right for 2023/2026
Net Insider Selling $0.092 $0.006 -$80.594 $3.997 $0.016 $0.000 $0.285 $78.801 $0.000
Net Selling % of Market Cap 0.04% 0.00% -14.98% 0.39% 0.00% 0.00% 0.03% 9.56% 0.00%
Directors 7 8 8 8 9 9 9 9
Women 17% 1 14% 1 13% 1 13% 1 13% 2 22% 2 22% 4 44% 4 44%
Minorities 0% 0 0% 0 0% 0 0% 0 0% 1 11% 1 11% 1 11% 1 11%
Institutions/Holdings 0.01% 2 12.64% 20 31.51% 20 17.94% 20 12.87% 20 11.95% 20 16.47% 20 17.26%
Total Shares Held 0.01% 2.724 12.75% 6.704 28.29% 4.273 18.83% 2.876 12.82% 2.680 10.69% 4.115 16.96% 4.182 17.26%
Increase/Decrease 3 Mths 0.00% 2.237 459.95% 0.369 5.83% -0.164 -3.69% -0.080 -2.71% -0.198 -6.88% 0.810 24.51% 0.154 3.82%
Starting No. of Shares reuters 0.486 reuters 6.334 MS Top 20 4.436 MS Top 20 2.956 MS Top 20 2.878 MS Top 20 3.305 MS Top 20 4.028 MS Top 20
Institutions/Holdings
Total Shares Held
Increase/Decrease 3 Mths
Starting No. of Shares
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