This report is for educational purposes only, and not to provide investment advice.  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 2026	<-Estimates
See my website on stocks or see my blog at the following sites.							https://spbrunner.com/stocks.html				https://spbrunner.blogspot.com/			3/31/26	<-Estimates
Leon's Furniture Ltd						TSX:	LNF	OTC:	LEFUF	https://www.leons.ca/		Fiscal Yr:	Dec 31
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
Accounting Rules	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS					Accounting Rules
Split
														$2,564	<-12 mths	-0.37%			Estimates		last 12 months from Qtr.
Estimates						$2,224.0	$2,268.0	$2,217.0	$2,388.0	$2,477	$2,525	$2,540	$2,527
Off by						0.78%	0.68%	0.14%	5.22%	1.64%	-2.78%	-1.63%	1.85%
Revenue*	$1,694.6	$1,974.4	$2,031.7	$2,143.7	$2,212.2	$2,241.4	$2,283.4	$2,220.2	$2,512.7	$2,517.7	$2,454.8	$2,498.5	$2,573.7	$2,616	$2,683	$2,730		26.68%	<-Total Growth	10	Revenue
Increase	148.42%	16.51%	2.90%	5.51%	3.19%	1.32%	1.87%	-2.77%	13.17%	0.20%	-2.50%	1.78%	3.01%	1.64%	2.56%	1.75%		2.39%	<-IRR #YR->	10	Revenue	26.68%
5 year Running Average	$892.5	$1,146.8	$1,413.2	$1,705.3	$2,011.3	$2,120.7	$2,182.5	$2,220.2	$2,294.0	$2,355.1	$2,397.7	$2,440.8	$2,511.5	$2,532.1	$2,565.2	$2,620.3		3.00%	<-IRR #YR->	5	Revenue	15.92%
Revenue per Share	$23.99	$27.79	$28.45	$29.83	$29.04	$28.93	$29.56	$28.23	$32.72	$37.10	$36.08	$36.64	$37.41	$38.02	$39.00	$39.68		5.92%	<-IRR #YR->	10	5 yr Running Average	77.72%
Increase	148.18%	15.82%	2.40%	4.85%	-2.67%	-0.38%	2.20%	-4.51%	15.90%	13.40%	-2.74%	1.54%	2.10%	1.64%	2.56%	1.75%		2.50%	<-IRR #YR->	5	5 yr Running Average	13.12%
5 year Running Average	$12.68	$16.24	$19.94	$23.95	$27.82	$28.81	$29.16	$29.12	$29.69	$31.31	$32.74	$34.15	$35.99	$37.05	$37.43	$38.15		2.77%	<-IRR #YR->	10	Revenue per Share	31.47%
P/S (Price/Sales) Med	0.55	0.57	0.57	0.53	0.61	0.59	0.53	0.49	0.71	0.54	0.56	0.55	0.54	0.53	0.52	0.51		5.79%	<-IRR #YR->	5	Revenue per Share	32.52%
P/S (Price/Sales) Close	0.58	0.64	0.49	0.61	0.64	0.52	0.56	0.73	0.76	0.46	0.50	0.49	0.75	0.70	0.68	0.67		6.09%	<-IRR #YR->	10	5 yr Running Average	80.53%
*Sales in M CDN $					P/S Med	20 yr	0.58	15 yr	0.56	10 yr	0.55	5 yr	0.55		27.90%	Diff M/C		4.33%	<-IRR #YR->	5	5 yr Running Average	23.60%
			-$2,031.7	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$2,573.7
								-$2,220.2	$0.0	$0.0	$0.0	$0.0	$2,573.7
			-$1,413.2	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$2,511.5
								-$2,220.2	$0.0	$0.0	$0.0	$0.0	$2,511.5
			-$28.45	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$37.41
								-$28.23	$0.00	$0.00	$0.00	$0.00	$37.41
			-$19.94	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$35.99
								-$29.12	$0.00	$0.00	$0.00	$0.00	$35.99
Per Share														$2.25	<-12 mths	-2.60%			Estimates		Last 12 months from Qtr
Payout Ratio AEPS														42.61%	42.89%				Estimates		Payout Ratio EPS
Adjusted Net Income			$73.7	$86.8	$99.0	$106.7	$106.8	$166.7	$205.5	$177.2	$141.5	$150.9	$158.9					83.14%	<-Total Growth	10	Adjusted Net Income
Return on Equity ROE			12.43%	13.30%	12.87%	12.50%	11.71%	16.41%	25.97%	19.08%	13.76%	13.22%	12.65%					13.26%	<-Median->	10	Return on Equity ROE
5Yr Median							12.50%	12.87%	12.87%	16.41%	16.41%	16.41%	13.76%					13.76%	<-Median->	7	5Yr Median
Adjusted EPS basic	$0.95	$1.07	$1.04	$1.21	$1.36	$1.40	$1.38	$2.09	$2.65	$2.62	$2.08	$2.21	$2.32					123.08%	<-Total Growth	10	Adjusted EPS basic	Management’s Discussion and Analysis
Adjusted EPS Diluted	$0.87	$0.96	$0.93	$1.08	$1.23	$1.31	$1.30	$2.04	$2.60	$2.60	$2.06	$2.20	$2.31	$2.30	$2.46	$2.54		148.39%	<-Total Growth	10	Adjusted EPS Diluted
Increase	33.85%	10.34%	-3.12%	16.13%	13.89%	6.50%	-0.76%	56.92%	27.45%	0.00%	-20.77%	6.80%	5.00%	-0.43%	6.96%	3.25%		10	0	10	Years of Data, EPS P or N	Webbroker
FFO Yield	6.20%	5.36%	6.61%	5.97%	6.67%	8.72%	7.80%	9.89%	10.46%	15.13%	11.34%	12.27%	8.25%	8.66%	9.26%	9.56%		9.52%	<-IRR #YR->	10	Adjusted EPS
5 year Running Average	$0.79	$0.83	$0.84	$0.90	$1.01	$1.10	$1.17	$1.39	$1.70	$1.97	$2.12	$2.30	$2.35	$2.29	$2.27	$2.36		2.52%	<-IRR #YR->	5	Adjusted EPS
Payout Ratio	45.98%	41.67%	43.01%	37.04%	37.40%	38.17%	43.08%	27.45%	24.62%	24.62%	31.07%	33.64%	36.36%	41.74%	39.02%	37.80%		10.88%	<-IRR #YR->	10	5 yr Running Average
5 year Running Average							39.74%	36.63%	34.14%	31.59%	30.17%	28.28%	30.06%	33.48%	36.37%	37.71%		11.08%	<-IRR #YR->	5	5 yr Running Average
Price/AEPS Median	15.17	16.40	17.34	14.56	14.38	12.96	12.00	6.77	8.92	7.72	9.81	9.18	8.75	8.78	8.21	7.95		9.50	<-Median->	10	Price/AEPS Median
Price/AEPS High	16.90	18.65	20.70	16.76	15.59	14.65	13.23	8.38	10.12	9.67	11.58	10.18	13.19	12.98	0.00	0.00		12.39	<-Median->	10	Price/AEPS High
Price/AEPS Low	13.45	14.16	13.99	12.37	13.16	11.27	10.78	5.15	7.73	5.77	8.04	6.41	9.03	10.96	0.00	0.00		8.54	<-Median->	10	Price/AEPS Low
Price/AEPS Close	16.13	18.65	15.14	16.74	15.00	11.47	12.82	10.11	9.56	6.61	8.82	8.15	12.12	11.55	10.80	10.46		10.79	<-Median->	10	Price/AEPS Close
Trailing P/AEPS Close	21.58	20.57	14.67	19.44	17.08	12.22	12.73	15.87	12.18	6.61	6.98	8.70	12.73	11.50	11.55	10.80		12.47	<-Median->	10	Trailing P/AEPS Close
Median Values	Historical	in order	12.96	15.06	11.27	13.46	P/CF	5 Yrs	in order	8.92	10.18	7.73	8.82		29.44%	Diff M/C					DPR 75% to 95% best
*Adjusted EPS
			-$0.93	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.31
								-$2.04	$0.00	$0.00	$0.00	$0.00	$2.31
			-$0.84	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.35
								-$1.39	$0.00	$0.00	$0.00	$0.00	$2.35
														$2.23	<-12 mths	-2.62%			Estimates		Last 12 months from Qtr
Difference Basic and Diluted	8.42%	10.28%	10.19%	7.69%	9.09%	6.29%	5.80%	2.93%	1.87%	0.75%	0.98%	0.88%	0.43%					2.40%	<-Median->	10	Difference Basic and Diluted
EPS Basic	$0.95	$1.07	$1.08	$1.17	$1.32	$1.43	$1.38	$2.05	$2.67	$2.66	$2.04	$2.26	$2.30					112.96%	<-Total Growth	10	EPS Basic	Yahoo Fin
Split 93
pre split '07
EPS Diluted*	$0.87	$0.96	$0.97	$1.08	$1.20	$1.34	$1.30	$1.99	$2.62	$2.64	$2.02	$2.24	$2.29	$2.31	$2.51			136.08%	<-Total Growth	10	EPS Diluted	All are giving AEPS?
Increase	33.85%	10.34%	1.04%	11.34%	11.11%	11.67%	-2.99%	53.08%	31.66%	0.76%	-23.48%	10.89%	2.23%	0.74%	8.67%			10	0	10	Years of Data, EPS P or N	100.00%
Earnings Yield	6.2%	5.4%	6.9%	6.0%	6.5%	8.9%	7.8%	9.6%	10.5%	15.4%	11.1%	12.5%	8.2%	8.7%	9.4%			8.97%	<-IRR #YR->	10	Earnings per Share	136.08%
5 year Running Average	$0.79	$0.83	$0.85	$0.91	$1.02	$1.11	$1.18	$1.38	$1.69	$1.98	$2.11	$2.30	$2.36	$2.30	$2.27			2.85%	<-IRR #YR->	5	Earnings per Share	15.08%
10 year Running Average	$0.76	$0.80	$0.83	$0.86	$0.90	$0.95	$1.00	$1.11	$1.30	$1.50	$1.61	$1.74	$1.87	$1.99	$2.13			10.81%	<-IRR #YR->	10	5 yr Running Average	179.20%
* Diluted ESP per share									E/P	10 Yrs	9.28%	5Yrs	11.12%					11.32%	<-IRR #YR->	5	5 yr Running Average	70.91%
																		dilutive effects due to convertible debentures and  management share purchase plans
			-$0.97	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.29
								-$1.99	$0.00	$0.00	$0.00	$0.00	$2.29
			-$0.85	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.36
								-$1.38	$0.00	$0.00	$0.00	$0.00	$2.36
Dividend Estimate														$0.98	$1.06	$1.08			Estimates		Dividend Estimate
Differnce														16.67%	7.65%	2.37%			Estimates		Differnce
Payout Ratio EPS														42.48%	42.08%	#DIV/0!			Estimates		Payout Ratio EPS
pre split '07																					Differnce
Special Dividends	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.55	$0.00	$0.00	$0.00	$0.00	$0.50	$0.00	$0.00		$0.00	<-Median->	10	Special Dividends
Yield H/L Price	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.68%	0.00%	0.00%	0.00%	0.00%	2.47%	0.00%	0.00%		0.00%	<-Median->	10	Yield H/L Price
pre split '07
pre split '07
Dividends	$0.40	$0.40	$0.40	$0.40	$0.46	$0.50	$0.56	$0.56	$0.64	$0.64	$0.64	$0.74	$0.84	$0.96	$0.96	$0.96		110.00%	<-Total Growth	10	Dividends
Increase	0.00%	0.00%	0.00%	0.00%	15.00%	8.70%	12.00%	0.00%	14.29%	0.00%	0.00%	15.63%	13.51%	14.29%	0.00%	0.00%		22	0	37	Years of data, Count P, N	59.46%
Average Increases 5 Year Running	7.58%	7.58%	4.72%	2.22%	3.00%	4.74%	7.14%	7.14%	10.00%	7.00%	5.26%	5.98%	8.68%	8.68%	8.68%	8.68%		6.49%	<-Median->	10	Average Incr 5 Year Running
Dividends 5 Yr Running	$0.42	$0.41	$0.42	$0.43	$0.41	$0.43	$0.46	$0.50	$0.85	$0.89	$0.92	$0.95	$1.01	$0.86	$0.93	$0.99		139.34%	<-Total Growth	10	Dividends 5 Yr Running
Yield H/L Price	3.03%	2.54%	2.48%	2.54%	2.60%	2.95%	3.59%	4.06%	2.76%	3.19%	3.17%	3.66%	4.16%	4.75%				3.18%	<-Median->	10	Yield H/L Price	Item
Yield on High  Price	2.72%	2.23%	2.08%	2.21%	2.40%	2.61%	3.26%	3.27%	2.43%	2.55%	2.68%	3.31%	2.76%	3.22%				2.64%	<-Median->	10	Yield on High  Price	EPS
Yield on Low Price	3.42%	2.94%	3.07%	2.99%	2.84%	3.39%	4.00%	5.33%	3.19%	4.27%	3.86%	5.24%	4.02%	3.81%				3.93%	<-Median->	10	Yield on Low Price	AEPS
Yield on Close Price	2.85%	2.23%	2.84%	2.21%	2.49%	3.33%	3.36%	2.71%	2.58%	3.72%	3.52%	4.13%	3.00%	3.61%	3.61%	3.61%		3.16%	<-Median->	10	Yield on Close Price	CFPS
Payout Ratio EPS	45.98%	41.67%	41.24%	37.04%	38.33%	37.31%	43.08%	28.14%	83.59%	24.24%	31.68%	33.04%	36.68%	63.29%	38.29%	#DIV/0!		36.86%	<-Median->	10	DPR EPS	FCF
DPR EPS 5 Yr Running	53.42%	49.15%	49.88%	47.46%	40.55%	38.92%	39.39%	35.89%	50.53%	44.99%	43.42%	41.44%	42.76%	37.58%	40.83%	#DIV/0!		42.10%	<-Median->	10	DPR EPS 5 Yr Running
Payout Ratio CFPS	33.99%	18.70%	48.84%	17.46%	22.38%	21.28%	18.45%	8.61%	53.61%	303.78%	17.19%	14.63%	20.90%	38.62%	25.07%	23.36%		19.68%	<-Median->	10	DPR CF
DPR CF 5 Yr Running	35.86%	18.98%	51.52%	18.77%	20.04%	18.39%	15.29%	7.63%	20.90%	422.44%	24.65%	18.86%	25.13%	22.86%	24.23%	24.14%		19.45%	<-Median->	10	DPR CF 5 Yr Running
Payout Ratio CFPS WC	48.19%	42.43%	37.61%	38.67%	42.61%	43.53%	19.77%	19.35%	50.20%	14.88%	21.67%	24.52%	25.67%	38.62%	25.07%	23.36%		25.09%	<-Median->	10	DPR CF WC
DPR CF WC 5 Yr Running	53.83%	49.93%	49.60%	47.77%	41.62%	41.00%	32.41%	27.59%	34.67%	28.64%	26.46%	27.21%	28.20%	24.93%	27.53%	27.54%		30.52%	<-Median->	10	DPR CF WC 5 Yr Running
Median Values	10 Yr Med	10 Yr Cl	3.18%	3.16%	5 Yr Med	5 Yr Cl	3.19%	3.52%	5 Yr Med	Payout	33.04%	20.90%	24.52%					8.45%	<-IRR #YR->	5	Dividends	50.00%
* Total Dividends per Share	10 Yr Med	and Cur.	13.71%	14.26%	5 Yr Med	and Cur.	13.32%	2.56%	Last Div Inc --->		$0.20	$0.24	20.00%					7.70%	<-IRR #YR->	10	Dividends	110.00%
Dividends Growth 15																		6.65%	<-IRR #YR->	15	Dividends	162.50%
Dividends Growth 20																		7.44%	<-IRR #YR->	20	Dividends	320.00%
Dividends Growth 25																		8.89%	<-IRR #YR->	25	Dividends	740.00%
Dividends Growth 30																		9.86%	<-IRR #YR->	30	Dividends
Dividends Growth 35																		9.29%	<-IRR #YR->	35	Dividends
Dividends Growth 40																		8.77%	<-IRR #YR->	37	Dividends
Dividends Growth 5								-$0.56	$0.00	$0.00	$0.00	$0.00	$0.84								Dividends Growth 5
Dividends Growth 10			-$0.40	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.84								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	$0.84								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	$0.84								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	$0.84								Dividends Growth 25
Dividends Growth 30	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.84								Dividends Growth 30
Dividends Growth 35	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.84								Dividends Growth 35
Dividends Growth 40	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.84								Dividends Growth 40
Historical Dividends	Historical	High Div	4.05%	Low Div	1.28%	10 Yr High	5.32%	10 Yr Low	2.23%	Med Div	2.38%	Close Div	2.19%								Historical Dividends
High/Ave/Median Values	Curr diff	Exp.	-10.75%		182.38%	Exp.	-32.06%		62.08%	Cheap	51.87%	Cheap	65.34%								High/Ave/Median
Future Dividend Yield					Div Yd	5.42%	earning in	5	Years	at IRR of	8.45%	Div Inc.	50.00%								Future Dividend Yield
Future Dividend Yield					Div Yd	8.13%	earning in	10	Years	at IRR of	8.45%	Div Inc.	125.00%								Future Dividend Yield
Future Dividend Yield					Div Yd	12.20%	earning in	15	Years	at IRR of	8.45%	Div Inc.	237.50%								Future Dividend Yield
Future Dividend Paid					Div Paid	$1.44	earning in	5	Years	at IRR of	8.45%	Div Inc.	50.00%								Future Dividend Paid
Future Dividend Paid					Div Paid	$2.16	earning in	10	Years	at IRR of	8.45%	Div Inc.	125.00%								Future Dividend Paid
Future Dividend Paid					Div Paid	$3.24	earning in	15	Years	at IRR of	8.45%	Div Inc.	237.50%								Future Dividend Paid
Dividend Covering Cost					Total Div	$5.68	over	5	Years	at IRR of	8.45%	Div Cov.	21.39%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$12.77	over	10	Years	at IRR of	8.45%	Div Cov.	48.06%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$23.39	over	15	Years	at IRR of	8.45%	Div Cov.	88.07%								Dividend Covering Cost
I am earning GC					Div Gr	284.00%	6/22/06	# yrs ->	19	2006	$11.07	Cap Gain	139.93%								I am earning GC
I am earning Div					org yield	2.26%	12/31/26	RRSP	Div G Yrly	6.77%	Div start	$0.25	-2.26%	8.67%							I am earning Div
I am earning GC					Div Gr	284.00%	6/20/06	# yrs ->	19	2006	$11.04	Cap Gain	5.06%								I am earning GC
I am earning Div					org yield	2.26%	12/31/26	Trading	Div G Yrly	6.77%	Div start	$0.25	-2.26%	8.70%							I am earning Div
Yield if held 5 years	3.79%	4.29%	3.16%	3.00%	3.86%	3.79%	3.56%	3.47%	4.07%	3.62%	3.77%	4.74%	6.08%	4.14%	4.78%	4.75%		3.78%	<-Median->	10	Paid Median Price
Yield if held 10 years	5.66%	4.89%	4.15%	3.66%	3.28%	4.74%	6.01%	4.42%	4.79%	5.37%	4.85%	4.70%	5.21%	6.10%	5.43%	5.66%		4.77%	<-Median->	10	Paid Median Price
Yield if held 15 years	8.34%	7.85%	7.49%	7.27%	6.44%	7.08%	6.85%	5.80%	5.86%	4.57%	6.07%	7.94%	6.63%	7.19%	8.05%	7.27%		6.54%	<-Median->	10	Paid Median Price
Yield if held 20 years	13.33%	13.33%	13.76%	12.83%	10.59%	10.43%	10.99%	10.49%	11.64%	8.96%	9.06%	9.05%	8.70%	8.79%	6.85%	9.10%		10.46%	<-Median->	10	Paid Median Price
Yield if held 25 years	29.34%	20.98%	22.22%	18.14%	16.92%	16.67%	18.67%	19.27%	20.52%	14.73%	13.35%	14.53%	15.74%	17.45%	13.44%	13.59%		16.79%	<-Median->	10	Paid Median Price
Yield if held 30 years						36.68%	29.38%	31.11%	29.02%	23.54%	21.33%	24.67%	28.90%	30.78%	22.10%	20.03%		28.96%	<-Median->	8	Paid Median Price
Yield if held 35 years											46.95%	38.82%	46.67%	43.54%	35.31%	32.00%		46.67%	<-Median->	3	Paid Median Price
Yield if held 40 years																70.43%		#NUM!	<-Median->	0	Paid Median Price
Cost covered if held 5 years	20.00%	21.79%	16.66%	16.10%	17.27%	16.36%	14.73%	15.38%	27.15%	25.16%	27.04%	30.57%	36.58%	18.62%	23.12%	24.55%		21.22%	<-Median->	10	Paid Median Price
Cost covered if held 10 years	49.94%	45.77%	40.85%	36.29%	29.63%	40.47%	46.70%	36.24%	48.09%	54.59%	51.14%	45.03%	46.68%	54.61%	51.40%	56.26%		45.86%	<-Median->	10	Paid Median Price
Cost covered if held 15 years	93.60%	91.97%	89.87%	92.67%	74.35%	80.52%	74.15%	66.55%	75.39%	61.41%	83.98%	97.91%	76.12%	80.45%	93.50%	88.71%		75.75%	<-Median->	10	Paid Median Price
Cost covered if held 20 years	162.65%	174.48%	192.15%	186.28%	143.07%	138.66%	137.51%	136.34%	170.31%	136.63%	145.52%	132.50%	118.88%	114.96%	94.54%	131.00%		138.09%	<-Median->	10	Paid Median Price
Cost covered if held 25 years	371.72%	284.83%	321.78%	279.12%	241.91%	234.65%	251.82%	277.49%	323.19%	245.51%	234.41%	231.16%	230.95%	248.85%	201.57%	215.75%		243.71%	<-Median->	10	Paid Median Price
Cost covered if held 30 years						530.18%	406.53%	459.56%	472.77%	405.59%	387.65%	410.82%	451.25%	461.71%	352.33%	337.88%		431.03%	<-Median->	8	Paid Median Price
Cost covered if held 35 years											866.91%	656.76%	740.11%	668.68%	576.26%	552.98%		740.11%	<-Median->	3	Paid Median Price
Cost covered if held 40 years																1230.77%		#NUM!	<-Median->	0	Paid Median Price
																				Yr	Item	Tot. Grth
Revenue Growth							$2,283.4	$2,220.2	$2,512.7	$2,517.7	$2,454.8	$2,498.5	$2,573.7	$2,564	<-12 mths	-0.37%		15.92%	<-Total Growth	6	Revenue Growth	15.92%
AEPS Growth							$1.30	$2.04	$2.60	$2.60	$2.06	$2.20	$2.31	$2.25	<-12 mths	-2.60%		13.24%	<-Total Growth	6	AEPS Growth	13.24%
Net Income Growth							$106.9	$163.3	$207.2	$179.4	$138.9	$153.7	$157.0	$155	<-12 mths	-1.59%		-3.80%	<-Total Growth	6	Net Income Growth	-3.80%
Cash Flow Growth							$234.5	$511.4	$313.8	$14.3	$253.3	$345.0	$276.5					-45.94%	<-Total Growth	6	Cash Flow Growth	-45.94%
Dividend Growth							$0.56	$0.56	$0.64	$0.64	$0.64	$0.74	$0.84	$0.96	<-12 mths	14.29%		50.00%	<-Total Growth	6	Dividend Growth	50.00%
Stock Price Growth							$16.67	$20.63	$24.85	$17.19	$18.16	$17.93	$28.00	$26.56	<-12 mths	-5.14%		35.72%	<-Total Growth	6	Stock Price Growth	35.72%
Revenue Growth		$1,974.4	$2,031.7	$2,143.7	$2,212.2	$2,241.4	$2,283.4	$2,220.2	$2,512.7	$2,517.7	$2,454.8	$2,498.5	$2,573.7	$2,616	<-this year	1.64%		26.68%	<-Total Growth	10	Revenue Growth	26.68%
AEPS Growth		$0.96	$0.93	$1.08	$1.23	$1.31	$1.30	$2.04	$2.60	$2.60	$2.06	$2.20	$2.31	$2.30	<-this year	-0.43%		148.39%	<-Total Growth	10	AEPS Growth	148.39%
Net Income Growth		$75.5	$76.6	$83.6	$96.6	$111.0	$106.9	$163.3	$207.2	$179.4	$138.9	$153.7	$157.0	$156	<-this year	-0.48%		104.95%	<-Total Growth	10	Net Income Growth	104.95%
Cash Flow Growth		$152.0	$58.5	$164.6	$156.6	$182.1	$234.5	$511.4	$313.8	$14.3	$253.3	$345.0	$276.5	$260	<-this year	-5.94%		372.74%	<-Total Growth	10	Cash Flow Growth	372.74%
Dividend Growth		$0.40	$0.40	$0.40	$0.46	$0.50	$0.56	$0.56	$0.64	$0.64	$0.64	$0.74	$0.84	$0.98	<-this year	16.67%		110.00%	<-Total Growth	10	Dividend Growth	110.00%
Stock Price Growth		$17.90	$14.08	$18.08	$18.45	$15.03	$16.67	$20.63	$24.85	$17.19	$18.16	$17.93	$28.00	$26.56	<-this year	-5.14%		98.86%	<-Total Growth	10	Stock Price Growth	98.86%
Dividends on Shares				$28.80	$33.12	$36.00	$40.32	$40.32	$157.68	$46.08	$46.08	$53.28	$60.48	$105.12	$69.12	$69.12		$542.16	No of Years	10	Total Divs	12/31/15
Paid			$1,013.76	$1,301.76	$1,328.40	$1,082.16	$1,200.24	$1,485.36	$1,789.20	$1,237.68	$1,307.52	$1,290.96	$2,016.00	$1,912.32	$1,912.32	$1,912.32		$2,016.00	No of Years	10	Worth	$14.08
Total																		$2,558.16
Graham No. AEPS	$11.65	$12.51	$13.19	$14.85	$16.72	$18.02	$18.59	$24.35	$24.55	$28.30	$26.47	$28.78	$30.81	$30.74	$31.79	$32.30		133.62%	<-Total Growth	10	Graham Price AEPS
Price/GP Ratio Med	1.13	1.26	1.22	1.06	1.06	0.94	0.84	0.57	0.94	0.71	0.76	0.70	0.66	0.66	0.64			0.80	<-Median->	10	Price/GP Ratio Med
Price/GP Ratio High	1.26	1.43	1.46	1.22	1.15	1.06	0.93	0.70	1.07	0.89	0.90	0.78	0.99	0.97	0.00			0.96	<-Median->	10	Price/GP Ratio High
Price/GP Ratio Low	1.00	1.09	0.99	0.90	0.97	0.82	0.75	0.43	0.82	0.53	0.63	0.49	0.68	0.82	0.00			0.72	<-Median->	10	Price/GP Ratio Low
Price/GP Ratio Close	1.20	1.43	1.07	1.22	1.10	0.83	0.90	0.85	1.01	0.61	0.69	0.62	0.91	0.86	0.84			0.87	<-Median->	10	Price/GP Ratio Close
Prem/Disc Close	20.46%	43.06%	6.78%	21.72%	10.36%	-16.60%	-10.31%	-15.28%	1.23%	-39.25%	-31.40%	-37.70%	-9.11%	-13.59%	-16.45%	-17.78%		-12.79%	<-Median->	10	Prem/Disc Close
Graham No. EPS	$11.65	$12.51	$13.47	$14.85	$16.51	$18.23	$18.59	$24.05	$24.64	$28.51	$26.21	$29.04	$30.67	$30.79	$32.09	$0.00		127.76%	<-Total Growth	10	Graham Price EPS
Price/GP Ratio Med	1.13	1.26	1.20	1.06	1.07	0.93	0.84	0.57	0.94	0.70	0.77	0.70	0.66	0.66				0.81	<-Median->	10	Price/GP Ratio Med
Price/GP Ratio High	1.26	1.43	1.43	1.22	1.16	1.05	0.93	0.71	1.07	0.88	0.91	0.77	0.99	0.97				0.96	<-Median->	10	Price/GP Ratio High
Price/GP Ratio Low	1.00	1.09	0.97	0.90	0.98	0.81	0.75	0.44	0.82	0.53	0.63	0.49	0.68	0.82				0.72	<-Median->	10	Price/GP Ratio Low
Price/GP Ratio Close	1.20	1.43	1.05	1.22	1.12	0.82	0.90	0.86	1.01	0.60	0.69	0.62	0.91	0.86	0.83	#DIV/0!		0.88	<-Median->	10	Price/GP Ratio Close
Prem/Disc Close	20.46%	43.06%	4.55%	21.72%	11.73%	-17.54%	-10.31%	-14.22%	0.84%	-39.71%	-30.72%	-38.26%	-8.71%	-13.73%	-17.24%	#DIV/0!		-12.26%	<-Median->	10	Prem/Disc Close
pre split '07
Price Close	$14.03	$17.90	$14.08	$18.08	$18.45	$15.03	$16.67	$20.63	$24.85	$17.19	$18.16	$17.93	$28.00	$26.56	$26.56	$26.56		98.86%	<-Total Growth	10	Stock Price
Increase	8.01%	27.58%	-21.34%	28.41%	2.05%	-18.54%	10.91%	23.76%	20.46%	-30.82%	5.64%	-1.27%	56.16%	-5.14%	0.00%	0.00%		13.85	<-Median->	10	CAPE (10 Yr P/E)
P/E	16.13	18.65	14.52	16.74	15.38	11.22	12.82	10.37	9.48	6.51	8.99	8.00	12.23	11.51	10.59	#DIV/0!		6.30%	<-IRR #YR->	5	Stock Price	35.72%
Trailing P/E	21.58	20.57	14.67	18.64	17.08	12.53	12.44	15.87	12.49	6.56	6.88	8.88	12.50	11.60	11.51	10.59		7.12%	<-IRR #YR->	10	Stock Price	98.86%
CAPE (10 Yr P/E)	15.43	15.88	15.87	15.84	15.75	15.61	15.41	14.39	13.31	11.82	11.23	10.41	10.42	10.20	9.95	#DIV/0!		11.01%	<-IRR #YR->	5	Price & Dividend	62.92%
Median 10, 5 Yrs		D.  per yr	3.81%	4.71%	% Tot Ret	34.89%	42.77%	T P/E	12.49	8.88	P/E:	10.79	8.99					10.93%	<-IRR #YR->	10	Price & Dividend	155.18%
Price 15		D.  per yr	3.05%		% Tot Ret	41.26%						CAPE Diff	-16.85%					4.34%	<-IRR #YR->	15	Stock Price	89.19%
Price  20		D.  per yr	3.48%		% Tot Ret	37.45%												5.81%	<-IRR #YR->	20	Stock Price	209.39%
Price  25		D.  per yr	3.74%		% Tot Ret	34.35%												7.14%	<-IRR #YR->	25	Stock Price	461.40%
Price  30		D.  per yr	4.17%		% Tot Ret	34.84%												7.79%	<-IRR #YR->	30	Stock Price	849.96%
Price  35		D.  per yr	3.89%		% Tot Ret	32.21%												8.19%	<-IRR #YR->	35	Stock Price
Price  40		D.  per yr	3.81%		% Tot Ret	31.56%												8.27%	<-IRR #YR->	37	Stock Price
Price & Dividend 15																		7.39%	<-IRR #YR->	15	Price & Dividend	156.49%
Price & Dividend 20																		9.29%	<-IRR #YR->	20	Price & Dividend	338.36%
Price & Dividend 25																		10.88%	<-IRR #YR->	25	Price & Dividend	714.33%
Price & Dividend 30																		11.96%	<-IRR #YR->	30	Price & Dividend	1296.59%
Price & Dividend 35																		12.08%	<-IRR #YR->	35	Price & Dividend
Price & Dividend 40																		12.08%	<-IRR #YR->	37	Price & Dividend
Price  5								-$20.63	$0.00	$0.00	$0.00	$0.00	$28.00								Price  5
Price 10			-$14.08	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$28.00								Price 10
Price & Dividend 5								-$20.63	$2.19	$0.64	$0.74	$0.74	$28.84								Price & Dividend 5
Price & Dividend 10			-$14.08	$0.40	$0.46	$0.50	$0.56	$0.56	$2.19	$0.64	$0.64	$0.74	$28.84								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	$28.00								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	$28.00								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	$28.00								Price  25
Price  30	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$28.00								Price  30
Price  35	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$28.00								Price  35
Price  40	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$28.00								Price  40
Price & Dividend 15	$0.40	$0.40	$0.40	$0.40	$0.46	$0.50	$0.56	$0.56	$2.19	$0.64	$0.64	$0.74	$28.84								Price & Dividend 15
Price & Dividend 20	$0.40	$0.40	$0.40	$0.40	$0.46	$0.50	$0.56	$0.56	$2.19	$0.64	$0.64	$0.74	$28.84								Price & Dividend 20
Price & Dividend 25	$0.40	$0.40	$0.40	$0.40	$0.46	$0.50	$0.56	$0.56	$2.19	$0.64	$0.64	$0.74	$28.84								Price & Dividend 25
Price & Dividend 30	$0.40	$0.40	$0.40	$0.40	$0.46	$0.50	$0.56	$0.56	$2.19	$0.64	$0.64	$0.74	$28.84								Price & Dividend 30
Price & Dividend 35	$0.40	$0.40	$0.40	$0.40	$0.46	$0.50	$0.56	$0.56	$2.19	$0.64	$0.64	$0.74	$28.84								Price & Dividend 35
Price & Dividend 40	$0.40	$0.40	$0.40	$0.40	$0.46	$0.50	$0.56	$0.56	$2.19	$0.64	$0.64	$0.74	$28.84								Price & Dividend 40
Price H/L Median	$13.20	$15.75	$16.13	$15.73	$17.69	$16.98	$15.61	$13.81	$23.20	$20.07	$20.21	$20.21	$20.21	$20.21	$20.21	$20.21		25.26%	<-Total Growth	10	Stock Price
Increase	10.69%	19.28%	2.45%	-2.48%	12.43%	-4.01%	-8.07%	-11.53%	68.02%	-13.49%	0.70%	0.00%	0.00%	0.00%	0.00%	0.00%		2.28%	<-IRR #YR->	10	Stock Price	25.26%
P/E	15.17	16.40	16.63	14.56	14.74	12.67	12.00	6.94	8.85	7.60	10.00	9.02	8.82	8.76	8.06	#DIV/0!		7.92%	<-IRR #YR->	5	Stock Price	46.36%
Trailing P/E	20.31	18.10	16.80	16.22	16.38	14.15	11.65	10.62	11.66	7.66	7.65	10.00	9.02	8.82	8.76	8.06		6.38%	<-IRR #YR->	10	Price & Dividend	114.39%
P/E on Running 5 yr Average	16.71	19.06	19.07	17.36	17.41	15.29	13.25	9.99	13.72	10.14	9.56	8.78	8.55	8.79	8.89	#DIV/0!		14.78%	<-IRR #YR->	5	Price & Dividend	87.00%
P/E on Running 10 yr Average	17.36	19.78	19.49	18.23	19.58	17.87	15.57	12.39	17.87	13.40	12.53	11.61	10.79	10.13	9.51	#DIV/0!		14.51	P/E Ratio		Historical Median
Median 10, 5 Yrs		D.  per yr	4.10%	6.87%	% Tot Ret	64.27%	46.46%	T P/E	11.13	9.02	P/E:	9.51	8.85						Count	37	Years of data
			-$16.13	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$20.21
								-$13.81	$0.00	$0.00	$0.00	$0.00	$20.21
			-$16.13	$0.40	$0.46	$0.50	$0.56	$0.56	$2.19	$0.64	$0.64	$0.74	$21.05
								-$13.81	$2.19	$0.64	$0.64	$0.74	$21.05
High Months	Jan	Dec	Jan	Dec	Nov	Jan	Dec	Jan	Oct	Jan	May	Sep	Aug	Jan
pre split '93
pre split '07
Price High	$14.70	$17.90	$19.25	$18.10	$19.18	$19.19	$17.20	$17.10	$26.30	$25.13	$23.85	$22.39	$30.48	$29.86				58.34%	<-Total Growth	10	Stock Price
Increase	10.94%	21.77%	7.54%	-5.97%	5.97%	0.05%	-10.37%	-0.58%	53.80%	-4.45%	-5.09%	-6.12%	36.13%	-2.03%				4.70%	<-IRR #YR->	10	Stock Price	58.34%
P/E	16.90	18.65	19.85	16.76	15.98	14.32	13.23	8.59	10.04	9.52	11.81	10.00	13.31	12.94				12.25%	<-IRR #YR->	5	Stock Price	78.25%
Trailing P/E	22.62	20.57	20.05	18.66	17.76	15.99	12.84	13.15	13.22	9.59	9.03	11.08	13.61	13.04				15.98	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	13.18	11.08	P/E:	12.52	10.04					18.44	P/E Ratio		Historical High
			-$19.25	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$30.48
								-$17.10	$0.00	$0.00	$0.00	$0.00	$30.48
Low Months	Jul	Oct	Nov	Jan	Mar	Nov	Mar	Mar	Mar	Jun	Nov	Jan	Apr	Mar
pre split '93
pre split '07																					$0.15
Price Low	$11.70	$13.59	$13.01	$13.36	$16.19	$14.76	$14.01	$10.51	$20.09	$15.00	$16.56	$14.11	$20.87	$25.21				60.42%	<-Total Growth	10	Stock Price
Increase	10.38%	16.15%	-4.27%	2.69%	21.18%	-8.83%	-5.08%	-24.98%	91.15%	-25.34%	10.40%	-14.79%	47.91%	20.80%				4.84%	<-IRR #YR->	10	Stock Price	60.42%
P/E	13.45	14.16	13.41	12.37	13.49	11.01	10.78	5.28	7.67	5.68	8.20	6.30	9.11	10.93				14.71%	<-IRR #YR->	5	Stock Price	98.57%
Trailing P/E	18.00	15.62	13.55	13.77	14.99	12.30	10.46	8.08	10.10	5.73	6.27	6.99	9.32	11.01				11.99	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	9.71	6.99	P/E:	8.66	7.67					9.15	P/E Ratio		Historical Low
			-$13.01	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$20.87
								-$10.51	$0.00	$0.00	$0.00	$0.00	$20.87
Free Cash Flow Mkt Sc			$21.72	$126.58	$94.30	$157.00	$189.00	$467.90	$300.00	-$14.00	$211.20	$285.80	$236.80	$180.60	$189.00	$248.60		990.14%	<-Total Growth	10	Free Cash Flow Mkt Sc
Change				482.71%	-25.50%	66.49%	20.38%	147.57%	-35.88%	-104.67%	1608.57%	35.32%	-17.14%	-23.73%	4.65%	31.53%		27.85%	<-Median->	10	Change
Free Cash Flow MS old			$30.77	$138.28	$100.40	$161.29	$200.30	$467	$297	-$14	$209										Free Cash Flow
Change				349.40%	-27.39%	60.65%	24.19%	133.15%	-36.40%	-104.71%	1592.86%										Free Cash Flow MS
Free Cash Flow MS	$50.74	$131.67	$90.00	$90.00	$80.00	$120.00	$180.00	$230	$320	$230	$180	$170	$210	$181	$189	$249		133.33%	<-Total Growth	10	Free Cash Flow
Change				0.00%	-11.11%	50.00%	50.00%	27.78%	39.13%	-28.13%	-21.74%	-5.56%	23.53%	-14.00%	4.65%	31.53%		-1.80%	<-IRR #YR->	5	Free Cash Flow MS	-8.70%
FCF/CF from Op Ratio			1.54	0.55	0.51	0.66	0.77	0.45	1.02	16.09	0.71	0.49	0.76	0.69	0.72	0.88		8.84%	<-IRR #YR->	10	Free Cash Flow MS	133.33%
Dividends paid	$28.24	$28.33	$28.47	$28.65	$33.18	$38.17	$43.31	$44.64	$169.97	$44.67	$43.48	$50.40	$57.31	$66.05	$66.05	$66.05		101.32%	<-Total Growth	10	Dividends paid	Market Sc
Percentage paid			31.63%	31.83%	41.47%	31.81%	24.06%	19.41%	53.12%	19.42%	24.15%	29.65%	27.29%	36.57%	34.95%	26.57%		28.47%	<-Median->	10	Percentage paid	WSJ
5 Year Coverage							30.67%	26.85%	35.40%	31.55%	30.36%	31.25%	32.96%	26.98%	30.47%	30.64%					5 Year Coverage	MS
Dividend Coverage Ratio			3.16	3.14	2.41	3.14	4.16	5.15	1.88	5.15	4.14	3.37	3.66	2.73	2.86	3.76		3.52	<-Median->	10	Dividend Coverage Ratio
5 Year of Coverage							3.26	3.72	2.82	3.17	3.29	3.20	3.03	3.71	3.28	3.26					5 Year of Coverage
								-$230	$0	$0	$0	$0	$210
			-$90	$0	$0	$0	$0	$0	$0	$0	$0	$0	$210
Free Cash Flow WSJ			$21.72	$126.58	$92.05	$156.29	$177.14	$450.12	$283.71	-$33.73	$190.60	$270.16	$222.95	$180.60	$189.00	$248.60		926.38%	<-Total Growth	10	Free Cash Flow WSJ
Change				482.71%	-27.28%	69.78%	13.35%	154.10%	-36.97%	-111.89%	665.05%	41.74%	-17.47%	-19.00%	4.65%	31.53%		-13.11%	<-IRR #YR->	5	Free Cash Flow MS	-50.47%
FCF/CF from Op Ratio			0.37	0.77	0.59	0.86	0.76	0.88	0.90	-2.36	0.75	0.78	0.81	0.69	0.72	0.88		26.22%	<-IRR #YR->	10	Free Cash Flow MS	926.38%
Dividends paid			$28.47	$28.65	$33.18	$38.17	$43.31	$44.64	$169.97	$44.67	$43.48	$50.40	$57.31	$66.05	$66.05	$66.05		101.32%	<-Total Growth	10	Dividends paid	Market Sc
Percentage paid			131.04%	22.63%	36.04%	24.42%	24.45%	9.92%	59.91%	-132.42%	22.81%	18.66%	25.70%	36.57%	34.95%	26.57%		$0.24	<-Median->	10	Percentage paid	WSJ
5 Year Coverage							29.94%	18.75%	28.40%	32.97%	32.41%	30.42%	39.18%	31.53%	26.89%	27.52%					5 Year Coverage	MS
Dividend Coverage Ratio			0.76	4.42	2.77	4.09	4.09	10.08	1.67	-0.76	4.38	5.36	3.89	2.73	2.86	3.76		4.09	<-Median->	10	Dividend Coverage Ratio
5 Year of Coverage							3.34	5.33	3.52	3.03	3.09	3.29	2.55	3.17	3.72	3.63					5 Year of Coverage
								-$450	$0	$0	$0	$0	$223
			-$22	$0	$0	$0	$0	$0	$0	$0	$0	$0	$223
Market Cap	$991	$1,272	$1,005	$1,299	$1,406	$1,165	$1,288	$1,623	$1,908	$1,167	$1,235	$1,223	$1,926	$1,827	$1,827	$1,827		91.61%	<-Total Growth	10	Market Cap
pre split '07
Diluted # of Shares in Million	79.82	82.18	82.36	83.08	82.91	82.89	83.75	82.11	79.06	68.16	68.65	68.65	68.72	68.72	68.72			-16.57%	<-Total Growth	10	Diluted	Conv Deb
Change	10.37%	2.95%	0.23%	0.87%	-0.20%	-0.03%	1.03%	-1.95%	-3.72%	-13.78%	0.72%	-0.01%	0.10%	0.00%	0.00%			-0.02%	<-Median->	10	Diluted	Diff.
Difference Diluted/Basic	-11.5%	-13.7%	-13.5%	-13.7%	-12.1%	-7.7%	-7.3%	-2.8%	-1.8%	-1.0%	-1.0%	-0.7%	-0.4%	-0.4%	-0.4%			-2.32%	<-Median->	10	Difference Diluted/Basic
Number of Shares different O/S	9.18	11.12	10.96	11.23	6.72	5.40	6.50	3.46	2.26	0.30	0.62	0.45	-0.08								Number of Shares different O/S
Number Cov to Common									0.79	0.05
Number Deb converted to Shares				0.00	3.95	0.00	0.01	3.92	0.03	0.00											Number Deb conv. to Shares
No of Share purchase plans Conv				0.45	0.39	0.28	0.41	-0.30													No of Share PPs Conv
Repurchase						-0.20	-0.64	-0.41	-2.86	-9.89	0.00		0.04								Repurchase
Management Share Purchase Plan						1.189				0.90	0.17	0.16	0.42								Mge Share Purchase Plan
Total changed				0.45	4.33	1.27	-0.22	3.22	-2.05	-8.94	0.17	0.16	0.46								Total changed
Increase in number of o/s shares	0.07	0.42	0.35	0.45	4.33	1.30	-0.25	1.41	-1.85	-8.94	0.17	0.16	0.61								Increase in no. of o/s shares
Difference									-0.20	0.00	0.00	0.00	-0.15
pre split '07
Basic # of Shares in Millions	70.61	70.90	71.22	71.70	72.90	76.52	77.59	79.80	77.62	67.51	67.96	68.14	68.41	68.41	68.41			-3.94%	<-Total Growth	10	Basic
Change	0.83%	0.41%	0.45%	0.67%	1.69%	4.96%	1.40%	2.84%	-2.73%	-13.03%	0.67%	0.26%	0.39%	0.00%	0.00%			0.67%	<-Median->	10	Change
Difference Basic/Outstanding	0.03%	0.22%	0.26%	0.22%	4.50%	1.26%	-0.46%	-1.44%	-1.06%	0.52%	0.10%	0.07%	0.57%	0.57%	0.57%			0.16%	<-Median->	10	Difference Basic/Outstanding
pre split '07
# of Share in Millions	70.63	71.06	71.40	71.86	76.19	77.49	77.24	78.65	76.80	67.86	68.03	68.19	68.80	68.80	68.80	68.80		-0.37%	<-IRR #YR->	10	Shares	-3.65%
Change	0.10%	0.60%	0.49%	0.63%	6.03%	1.71%	-0.32%	1.82%	-2.35%	-11.64%	0.25%	0.23%	0.89%	0.00%	0.00%	0.00%		-2.64%	<-IRR #YR->	5	Shares	-12.53%
CF fr Op $M	$83.12	$151.99	$58.48	$164.65	$156.60	$182.07	$234.47	$511.42	$313.75	$14.30	$253.31	$344.97	$276.47	$260.06	$263.50	$282.76		372.74%	<-Total Growth	10	Cash Flow
Increase	73.51%	82.85%	-61.52%	181.53%	-4.89%	16.26%	28.78%	118.12%	-38.65%	-95.44%	1671.79%	36.18%	-19.86%	-5.94%	1.32%	7.31%		Conv Insider Non-voting Shares,			Buy Backs, Conv Deb
5 year Running Average	$70.6	$85.5	$81.3	$101.2	$123.0	$142.8	$159.3	$249.8	$279.7	$251.2	$265.5	$287.6	$240.6	$229.8	$279.7	$285.6		195.77%	<-Total Growth	10	#NUM!
CFPS	$1.18	$2.14	$0.82	$2.29	$2.06	$2.35	$3.04	$6.50	$4.09	$0.21	$3.72	$5.06	$4.02	$3.78	$3.83	$4.11		390.64%	<-Total Growth	10	Cash Flow per Share
Increase	73.34%	81.77%	-61.71%	179.76%	-10.29%	14.31%	29.19%	114.21%	-37.17%	-94.84%	1667.34%	35.86%	-20.56%	-5.94%	1.32%	7.31%		16.81%	<-IRR #YR->	10	Cash Flow	372.74%
5 year Running Average	$1.00	$1.21	$1.15	$1.42	$1.70	$1.93	$2.11	$3.25	$3.61	$3.24	$3.51	$3.92	$3.42	$4.08	$4.00	$4.00		-11.58%	<-IRR #YR->	5	Cash Flow	-45.94%
P/CF on Med Price	11.22	7.36	19.69	6.86	8.60	7.22	5.14	2.12	5.68	95.24	5.43	3.99	5.03	5.35	5.28	4.92		17.24%	<-IRR #YR->	10	Cash Flow per Share	390.64%
P/CF on Closing Price	11.92	8.37	17.19	7.89	8.98	6.40	5.49	3.17	6.08	81.59	4.88	3.54	6.97	7.03	6.93	6.46		-9.18%	<-IRR #YR->	5	Cash Flow per Share	-38.20%
															26.56%	Diff M/C		11.52%	<-IRR #YR->	10	CFPS 5 yr Running	197.49%
Excl.Working Capital CF	-$24.5	-$85.0	$17.5	-$90.3	-$74.4	-$93.1	-$15.7	-$283.8	$21.3	$277.7	-$52.3	-$139.2	-$51.3	$0.0	$0.0	$0.0		1.04%	<-IRR #YR->	5	CFPS 5 yr Running	5.31%
CF fr Op $M WC	$58.6	$67.0	$75.9	$74.3	$82.2	$89.0	$218.8	$227.6	$335.0	$292.0	$201.0	$205.8	$225.1	$260.1	$263.5	$282.8		196.47%	<-Total Growth	10	Cash Flow less WC
Increase	31.88%	14.26%	13.36%	-2.13%	10.67%	8.22%	145.85%	4.02%	47.19%	-12.86%	-31.16%	2.41%	9.40%	15.51%	1.32%	7.31%		11.48%	<-IRR #YR->	10	Cash Flow less WC	196.47%
5 year Running Average	$55.1	$57.3	$60.2	$64.1	$71.6	$77.7	$108.1	$138.4	$190.5	$232.5	$254.9	$252.3	$251.8	$236.8	$231.1	$247.5		-0.22%	<-IRR #YR->	5	Cash Flow less WC	-1.09%
CFPS Excl. WC	$0.83	$0.94	$1.06	$1.03	$1.08	$1.15	$2.83	$2.89	$4.36	$4.30	$2.95	$3.02	$3.27	$3.78	$3.83	$4.11		15.38%	<-IRR #YR->	10	CF less WC 5 Yr Run	318.21%
Increase	31.75%	13.58%	12.81%	-2.75%	4.37%	6.40%	146.64%	2.16%	50.74%	-1.38%	-31.34%	2.17%	8.43%	15.51%	1.32%	7.31%		12.71%	<-IRR #YR->	5	CF less WC 5 Yr Run	81.92%
5 year Running Average	$0.78	$0.81	$0.85	$0.90	$0.99	$1.05	$1.43	$1.80	$2.46	$3.11	$3.47	$3.51	$3.58	$3.47	$3.37	$3.60		11.90%	<-IRR #YR->	10	CFPS - Less WC	207.70%
P/CF on Med Price	15.90	16.70	15.17	15.21	16.38	14.78	5.51	4.77	5.32	4.66	6.84	6.69	6.17	5.35	5.28	4.92		2.49%	<-IRR #YR->	5	CFPS - Less WC	13.07%
P/CF on Closing Price	16.90	18.99	13.24	17.48	17.09	13.09	5.88	7.13	5.70	4.00	6.15	5.94	8.56	7.03	6.93	6.46		15.46%	<-IRR #YR->	10	CFPS 5 yr Running	320.98%
*Operational Cash Flow per share			CF/-WC	P/CF Med	10 yr	5.55	5 yr	5.43	P/CF Med	10 yr	6.43	5 yr	6.17		9.20%	Diff M/C		14.78%	<-IRR #YR->	5	CFPS 5 yr Running	99.23%
			-71.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	68.8								Shares
								-78.7	0.0	0.0	0.0	0.0	68.8								Shares
			-$58.5	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$276.5								Cash Flow
								-$511.4	$0.0	$0.0	$0.0	$0.0	$276.5								Cash Flow
			-$0.82	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$4.02								Cash Flow per Share
								-$6.50	$0.00	$0.00	$0.00	$0.00	$4.02								Cash Flow per Share
			-$1.15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.42								CFPS 5 yr Running
								-$3.25	$0.00	$0.00	$0.00	$0.00	$3.42								CFPS 5 yr Running
			-$75.9	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$225.1								Cash Flow less WC
								-$227.6	$0.0	$0.0	$0.0	$0.0	$225.1								Cash Flow less WC
			-$60.2	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	251.78								CF less WC 5 Yr Run
								-$138.4	$0.0	$0.0	$0.0	$0.0	$251.8								CF less WC 5 Yr Run
			-$1.06	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.27								CFPS - Less WC
								-$2.89	$0.00	$0.00	$0.00	$0.00	$3.27								CFPS - Less WC
			-$0.85	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.58								CFPS 5 yr Running
								-$1.80	$0.00	$0.00	$0.00	$0.00	$3.58								CFPS 5 yr Running
Net change in non-cash working capital		$19.18	-$74.43
Trade Recei				-$10.310	-$10.374	$16.388	-$18.403	$9.953	-$29.511	-$20.388	-$17.277	$35.155	$48.359
Inventories				-$4.840	-$9.113	-$11.403	-$5.126	$2.371	-$63.574	-$14.966	-$5.984	$21.105	-$17.829
Prepaid Expenses and other Assets				-$2.011	$1.843	$0.362	-$0.938	-$1.822	-$4.503	$4.508	-$0.005	-$0.468	$3.279
Trade and Other Payables				$0.651	$19.597	$13.026	$4.312	$47.069	$0.137	-$51.192	$34.233	$18.738	-$6.002
Income Taxes Recov, payable				$9.264	-$5.421	-$6.550
Customers' Deposits				$0.125	$10.088	$18.284	$5.455	$153.643	$56.639	-$186.252	-$15.501	$16.887	-$28.317
Provisions				$28.169	$3.323	$2.896	$2.297	$2.334	-$0.959	$1.845	$3.602	$2.492	$2.486
Deferred  acquisition costs				$5.544	$0.298	$0.823	$1.076	-$0.475	-$2.851	-$3.097	-$1.698	-$0.514	-$0.549
Other Assets								$0.625	$0.000
Other Liab.				$2.124	$3.310	-$5.918	-$0.141	$3.976
Derivative Assets & Liab.									-$2.234	-$3.010	$3.533	-$3.810	$2.475
Def. rent Liab and Lease Inducements				$2.522	-$0.589	$0.230	-$0.159
Cash received on warranty plan sales		$65.82	$56.97	$59.091	$61.395	$64.93	$66.09	$66.13	$80.90	$89.17	$71.32	$72.79	$74.40
Cash Recived on Insurance Sales											$24.41	$25.20	$28.27
Income Tax Paid							-$38.81		-$55.33	-$94.27	-$44.28	-$48.41	-$55.24
Sum		$84.999	-$17.456	$90.329	$74.357	$93.068	$15.653	$283.804	-$21.285	-$277.654	$52.347	$139.163	$51.333								Sum
Google/Morningstar -- TD Bank		$19.37	-$75.19	$31.24	$13	$93	$58	$284	$34	-$278	$52	$139	$51								Google
Difference		$65.63	$57.73	$59.09	$61	$0	-$42	$0	-$55	$0	$0	$0	$0								Difference
TD Bank		$85.00	-$17.00	$90.00	$74	$93	$16	$283	-$21
Difference		$0	$0	$0	$0	$0	$0	$1	$0
Yeas						2023	2023	2023	2023
OPM	4.90%	7.70%	2.88%	7.68%	7.08%	8.12%	10.27%	23.04%	12.49%	0.57%	10.32%	13.81%	10.74%	9.94%				273.19%	<-Total Growth	10	OPM
Increase	-30.15%	56.94%	-62.61%	166.82%	-7.83%	14.75%	26.41%	124.33%	-45.79%	-95.45%	1717.17%	33.80%	-22.20%	-7.46%					Should increase		or be stable.
Diff from Ave	-52.4%	-25.2%	-72.0%	-25.4%	-31.2%	-21.1%	-0.2%	123.8%	21.3%	-94.5%	0.2%	34.1%	4.4%	-3.4%				0.00	<-Median->	10	OPM
*Operational Profit Margin (CF/Revenue) Ratio									OPM	10 Yrs	10.29%	5 Yrs	10.74%					should be	zero, it is a		check on calculations
														$328	<-12 mths	-0.69%
Adjusted EBITDA			$157.8	$174.3	$184.8	$188.8	$290.8	$344.3	$401.2	$364.7	$293.3	$298.4	$330.6	$33.4	$343.8	$352.4		109.51%	<-Total Growth	10	Adjusted EBITDA
Change			0.00%	10.44%	6.04%	2.14%	54.05%	18.40%	16.53%	-9.10%	-19.58%	1.74%	10.79%	-89.90%	929.34%	2.50%		8.24%	<-Median->	10	Change
Margin			7.77%	8.13%	8.35%	8.42%	12.73%	15.51%	15.97%	14.49%	11.95%	11.94%	12.85%	1.28%	12.81%	12.91%		0.12	<-Median->	10	Margin
														$219	<-12 mths	-0.76%
EBIT (Operating Income)			$118.6	$133.1	$146.4	$153.8	$166.4	$201.8	$289.1	$253.4	$185.1	$191.8	$220.2	$223.5	$233.0	$243.4		85.67%	<-Total Growth	10	EBIT
Change				12.23%	9.99%	5.05%	8.19%	21.27%	43.26%	-12.35%	-26.95%	3.62%	14.81%	1.50%	4.25%	4.46%		9.09%	<-Median->	10	Change
Margin			5.84%	6.21%	6.62%	6.86%	7.29%	9.09%	11.51%	10.06%	7.54%	7.68%	8.56%	8.54%	8.68%	8.92%		7.61%	<-Median->	10	Margin
Long Term Debt	$325	$285	$308	$330	$242	$48	$119	$90	$0	$227	$93	$73	$63	$63				Loans	Conv Deb.		Debt	Type
Change	2034.22%	-12.26%	7.92%	7.15%	-26.53%	-80.02%	145.25%	-23.86%	-100.00%	0.00%	-59.23%	-21.62%	-13.79%	0.00%				-22.74%	<-Median->	10	Change	Lg Term R
Debt/Market Cap Ratio	0.33	0.22	0.31	0.25	0.17	0.04	0.09	0.06	0.00	0.19	0.07	0.06	0.03	0.03				0.07	<-Median->	10	Debt/Market Cap Ratio	Intang/GW
Assets/Current Liabilities Ratio	3.79	3.68	3.60	3.78	3.96	2.84	3.73	2.95	2.04	3.59	3.57	3.57	3.97	3.97				3.58	<-Median->	10	Assets/Current Liab. Ratio	Liquidity
Debt to Cash Flow (Years)	3.91	1.88	5.27	2.00	1.55	0.27	0.51	0.18	0.00	15.87	0.37	0.21	0.23	0.24				0.32	<-Median->	10	Debt to Cash Flow (Years)	Liq. + CF
																						Debt Ratio
Intangibles	$435.63	$321.30	$318.21	$311.46	$306.29	$300.90	$271.81	$270.48	$270.17	$269.74	$271.21	$270.69	$269.91	$269.91				-15.18%	<-Total Growth	10	Intangibles	Leverage
Goodwill	$343.22	$418.08	$390.12	$390.12	$390.12	$390.12	$390.12	$390.12	$390.12	$390.12	$390.12	$390.12	$390.12	$390.12				0.00%	<-Total Growth	10	Goodwill	D/E Ratio
Total	$778.86	$739.38	$708.33	$701.58	$696.41	$691.02	$661.93	$660.60	$660.29	$659.86	$661.33	$660.81	$660.03	$660.03				-6.82%	<-Total Growth	10	Total
Change	5315.11%	-5.07%	-4.20%	-0.95%	-0.74%	-0.77%	-4.21%	-0.20%	-0.05%	-0.07%	0.22%	-0.08%	-0.12%	0.00%				-0.16%	<-Median->	10	Change
Intangible/Market Cap Ratio	0.79	0.58	0.70	0.54	0.50	0.59	0.51	0.41	0.35	0.57	0.54	0.54	0.34	0.36				0.52	<-Median->	10	Intangible/Market Cap Ratio
Current Assets	$427.77	$443.29	$505.03	$547.07	$588.55	$661.25	$698.34	$982.03	$1,075.29	$851.91	$835.06	$936.21	$996.96	$996.96				Liquidity ratio of 1.5 and up, best
Current Liabilities	$444.03	$424.32	$439.61	$426.50	$419.84	$607.52	$570.97	$820.74	$1,199.74	$610.24	$622.08	$656.53	$624.10	$624.10				1.31	<-Median->	10	Ratio
Liquidity	0.96	1.04	1.15	1.28	1.40	1.09	1.22	1.20	0.90	1.40	1.34	1.43	1.60	1.60				1.40	<-Median->	5	Ratio
Liq. with CF aft div	1.09	1.34	1.22	1.60	1.69	1.32	1.56	1.77	1.02	1.35	1.68	1.87	1.95	1.85				1.68	<-Median->	5	Ratio
Liq. CF re  Inv+Div	0.48	1.28	1.15	1.47	1.43	1.26	1.45	1.68	1.02	1.27	1.66	1.70	1.82	1.85				1.66	<-Median->	5	Ratio
Assets	$1,682.17	$1,563.48	$1,583.46	$1,611.66	$1,661.46	$1,723.57	$2,129.93	$2,418.59	$2,453.13	$2,193.64	$2,221.84	$2,340.69	$2,476.65	$2,476.65				Debt Ratio of 1.5 and up, best			Current Ratio
Liabilities	$1,185.62	$1,041.37	$983.06	$952.11	$888.41	$866.21	$1,214.17	$1,402.59	$1,661.94	$1,264.76	$1,193.32	$1,199.54	$1,220.52	$1,220.52				1.81	<-Median->	10	Ratio
Debt Ratio	1.42	1.50	1.61	1.69	1.87	1.99	1.75	1.72	1.48	1.73	1.86	1.95	2.03	2.03				1.86	<-Median->	5	Ratio
Book Value	$496.6	$522.1	$600.4	$659.6	$773.0	$857.362	$915.764	$1,016.0	$791.2	$928.9	$1,028.5	$1,141.2	$1,256.1	$1,256.1				109.22%	<-Total Growth	10	Book Value
Equity Conv Debentures	$7.1	$7.1	$7.1	$7.1	$3.6	$3.6	$3.5	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0							Equity Conv Debentures
Net Book Value	$489.5	$515.0	$593.3	$652.5	$769.5	$853.8	$912.2	$1,016.0	$791.2	$928.9	$1,028.5	$1,141.2	$1,256.1	$1,256.1	$1,256.13	$1,256.13		111.72%	<-Total Growth	10	Net Book Value
pre split '93
pre split '07
Book Value per Share	$6.93	$7.25	$8.31	$9.08	$10.10	$11.02	$11.81	$12.92	$10.30	$13.69	$15.12	$16.73	$18.26	$18.26	$18.26	$18.26		119.73%	<-Total Growth	10	Book Value per Share
Change	8.14%	4.59%	14.64%	9.28%	11.23%	9.09%	7.19%	9.38%	-20.25%	32.87%	10.45%	10.69%	9.11%	0.00%	0.00%	0.00%		-26.88%	P/B Ratio		Current/Historical Median
P/B Ratio (Median)	1.90	2.17	1.94	1.73	1.75	1.54	1.32	1.07	2.25	1.47	1.34	1.21	1.11	1.11	1.11	1.11		1.99	P/B Ratio		Historical Median
P/B Ratio (Close)	2.02	2.47	1.69	1.99	1.83	1.36	1.41	1.60	2.41	1.26	1.20	1.07	1.53	1.45	1.45	1.45		8.19%	<-IRR #YR->	10	Book Value per Share	119.73%
Change	-0.12%	21.98%	-31.39%	17.51%	-8.26%	-25.33%	3.47%	13.14%	51.04%	-47.94%	-4.35%	-10.80%	43.13%	-5.14%	0.00%	0.00%		7.17%	<-IRR #YR->	5	Book Value per Share	41.34%
Leverage (A/BK)	3.39	2.99	2.64	2.44	2.15	2.01	2.33	2.38	3.10	2.36	2.16	2.05	1.97	1.97				2.24	<-Median->	5	A/BV
Debt/Equity Ratio	2.39	1.99	1.64	1.44	1.15	1.01	1.33	1.38	2.10	1.36	1.16	1.05	0.97	0.97				1.24	<-Median->	5	Debt/Eq Ratio
Sharerholders Equity (Assets less liabilities)									P/BV	10 yr Med	1.40	5 yr Med	1.34		3.82%	Diff M/C			Historical	34	A/BV
			-$8.31	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$18.26
								-$12.92	$0.00	$0.00	$0.00	$0.00	$18.26
Comprehensive Income	$64.46	$75.89	$76.56	$82.93	$98.23	$107.77	$111.85	$168.57	$212.44	$168.80	$142.26	$160.36	$163.25					113.24%	<-Total Growth	10	Comprehensive Income
Increase	30.80%	17.74%	0.87%	8.32%	18.45%	9.72%	3.78%	50.72%	26.03%	-20.55%	-15.72%	12.72%	1.80%					1.80%	<-Median->	5	Comprehensive Income
5 Yr Running Average	$58.59	$61.93	$64.44	$69.82	$79.61	$88.28	$95.47	$113.87	$139.77	$153.89	$160.78	$170.49	$169.42					7.87%	<-IRR #YR->	10	Comprehensive Income	113.24%
ROE	13.0%	14.5%	12.8%	12.6%	12.7%	12.6%	12.2%	16.6%	26.9%	18.2%	13.8%	14.1%	13.0%					-0.64%	<-IRR #YR->	5	Comprehensive Income	-3.16%
5Yr Median	13.2%	13.2%	13.0%	12.8%	12.8%	12.7%	12.6%	12.6%	12.7%	16.6%	16.6%	16.6%	14.1%					10.15%	<-IRR #YR->	10	5 Yr Running Average	162.93%
% Difference from NI	-5.4%	-0.9%	-1.3%	-1.9%	1.2%	-3.3%	4.2%	3.3%	2.6%	-5.9%	2.5%	4.4%	3.9%					8.27%	<-IRR #YR->	5	5 Yr Running Average	48.79%
Median Values										Diff	5, 10 yr	2.5%	2.6%					14.1%	<-Median->	5	Return on Equity
			-$77	$0	$0	$0	$0	$0	$0	$0	$0	$0	$163
								-$169	$0	$0	$0	$0	$163
			-$64	$0	$0	$0	$0	$0	$0	$0	$0	$0	$169
								-$114	$0	$0	$0	$0	$169
Current Liability Coverage Ratio	0.13	0.16	0.17	0.17	0.20	0.15	0.38	0.28	0.28	0.48	0.32	0.31	0.36	0.42							CFO / Current Liabilities
5 year Median	0.40	0.38	0.17	0.17	0.17	0.17	0.17	0.20	0.28	0.28	0.32	0.31	0.32	0.36				29.6%	<-Median->	10	Current Liability Cov Ratio
Asset Efficiency Ratio	3.49%	4.28%	4.80%	4.61%	4.95%	5.16%	10.27%	9.41%	13.66%	13.31%	9.05%	8.79%	9.09%	10.50%							CFO / Total Assets
5 year Median	9.24%	7.59%	4.80%	4.61%	4.61%	4.80%	4.95%	5.16%	9.41%	10.27%	10.27%	9.41%	9.09%	9.09%				9.1%	<-Median->	10	Return on Assets
Return on Assets ROA	4.0%	4.8%	4.8%	5.2%	5.8%	6.4%	5.0%	6.7%	8.4%	8.2%	6.2%	6.6%	6.3%	6.3%				Net	Income/Assets		Return on Assets
5Yr Median	9.5%	8.0%	4.8%	4.8%	4.8%	5.2%	5.2%	5.8%	6.4%	6.7%	6.7%	6.7%	6.6%	6.3%				6.4%	<-Median->	10	Asset Efficiency Ratio
Return on Equity ROE	13.73%	14.66%	12.92%	12.81%	12.55%	13.00%	11.72%	16.07%	26.18%	19.32%	13.50%	13.47%	12.50%	12.44%				Net Inc/	Shareholders' equity		Return on Equity
5Yr Median	13.73%	13.73%	13.32%	12.92%	12.92%	12.92%	12.81%	12.81%	13.00%	16.07%	16.07%	16.07%	13.50%	13.47%				13.2%	<-Median->	10	Return on Equity
														$155	<-12 mths	-1.59%			Estimates		Last 12 months from Qtr
Net Income	$67.18	$75.52	$76.63	$83.59	$96.59	$111.03	$106.93	$163.25	$207.16	$179.43	$138.86	$153.67	$157.05	$156.3	$165.9			104.95%	<-Total Growth	10	Net Income	Alpha Spread
Increase	43.61%	12.42%	1.46%	9.09%	15.55%	14.95%	-3.69%	52.67%	26.90%	-13.39%	-22.61%	10.67%	2.20%	-0.48%	6.14%			EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average	$58.2	$61.9	$64.6	$69.9	$79.9	$88.7	$95.0	$112.3	$137.0	$153.6	$159.1	$168.5	$167.2	$157.1	$154.4			7.44%	<-IRR #YR->	10	Net Income	104.95%
Operating Cash Flow	$83.12	$151.99	$58.48	$164.65	$156.60	$182.07	$234.47	$511.42	$313.75	$14.30	$253.31	$344.97	$276.47					-0.77%	<-IRR #YR->	5	Net Income	-3.80%
Investment Cash Flow	-$552.39	-$19.96	-$24.51	-$38.31	-$78.02	-$30.14	-$43.25	-$43.07	$16.21	-$36.70	-$5.45	-$67.88	-$42.42					9.99%	<-IRR #YR->	10	5 Yr Running Ave.	159.05%
Total Accruals	$536.46	-$56.50	$42.66	-$42.75	$18.01	-$40.90	-$84.29	-$305.10	-$122.81	$201.84	-$109.01	-$123.42	-$77.01					8.29%	<-IRR #YR->	5	5 Yr Running Ave.	48.94%
Total Assets	$1,682.17	$1,563.48	$1,583.46	$1,611.66	$1,661.46	$1,723.57	$2,129.93	$2,418.59	$2,453.13	$2,193.64	$2,221.84	$2,340.69	$2,476.65						Balance Sheet		Assets
Accruals Ratio	31.89%	-3.61%	2.69%	-2.65%	1.08%	-2.37%	-3.96%	-12.61%	-5.01%	9.20%	-4.91%	-5.27%	-3.11%					-0.04	<-Median->	5	Ratio
EPS/CF Ratio	1.05	1.02	0.91	1.04	1.11	1.17	0.46	0.69	0.60	0.61	0.68	0.74	0.70					0.69	<-Median->	10	EPS/CF Ratio
			-$77	$0	$0	$0	$0	$0	$0	$0	$0	$0	$157
								-$163	$0	$0	$0	$0	$157
			-$65	$0	$0	$0	$0	$0	$0	$0	$0	$0	$167
								-$112	$0	$0	$0	$0	$167
Change in Close	8.01%	27.58%	-21.34%	28.41%	2.05%	-18.54%	10.91%	23.76%	20.46%	-30.82%	5.64%	-1.27%	56.16%	-5.14%	0.00%	0.00%			Count	32	Years of data
up/down		down							up	up	down		up						Count	10	31.25%
Meet Prediction?									Yes				Yes					% right	Count	4	40.00%
Financial Cash Flow	$400.16	-$119.92	-$72.02	-$90.22	-$86.36	-$97.87	-$192.46	-$188.75	-$316.46	-$244.61	-$280.25	-$168.60	-$168.05						C F Statement		Financial Cash Flow
Total Accruals	$136.30	$63.42	$114.67	$47.47	$104.37	$56.97	$108.16	-$116.35	$193.66	$446.44	$171.24	$45.17	$91.04								Accruals
Accruals Ratio	8.10%	4.06%	7.24%	2.95%	6.28%	3.31%	5.08%	-4.81%	7.89%	20.35%	7.71%	1.93%	3.68%					7.71%	<-Median->	5	Ratio
Cash	$5.83	$17.94	$7.86	$43.99	$36.21	$90.27	$89.03	$368.64	$382.14	$115.13	$82.74	$191.24	$257.25	$257.25							Cash
Cash per Share	$0.08	$0.25	$0.11	$0.61	$0.48	$1.16	$1.15	$4.69	$4.98	$1.70	$1.22	$2.80	$3.74	$3.74				$2.80	<-Median->	5	Cash per Share
Percentage of Stock Price	0.59%	1.41%	0.78%	3.39%	2.58%	7.75%	6.91%	22.72%	20.02%	9.87%	6.70%	15.64%	13.35%	14.08%				13.35%	<-Median->	5	% of Stock Price
Notes:																					% of Stock Price
April 18, 2026.  Last estimates were for 2025, 2026, 2027 of $2527M, $2586M, $2656M Revenue, $2.00, $2.19, $2.31 AEPS, $2.02, $2.15, $2.31 EPS,
$0.84, $0.92, $0.97 Dividends, $201M, $163M, $164.8M FCF, $3.37, $3.23, $3.95 CFPS, $305.3M, $317M, $328.5M FCF, $138.4M, $147.3M, $157.5M Net Income.
April 5, 2025.  Last estimates were for 2540M, $2617M Revenue, $2.06, $2.25 AEPS, $2.06, $2.25 EPS, $0.72, $0.79 Dividends,
$234M, $248M FCF, $4.54, $4.04 CFPS, $315M, $328M, EBITDA, $140M, $153M Net Income.
April 13, 2024.  Last estimates were for 2023 and 2024 of $2525M, $2570M for Revenue, $2.53, $2.72 for AEPS, $2.53 and $2.72 for EPS,
$0.67, $0.74 for Dividends, $450M, $3M for FCF, $7.00 and $4.54 for CFPS, $172M, $185M for Net Income.
April 12, 2023.  Last estimates were for 2022 and 2024 of $2477M, $2543M and $2700M 2022/4 for Revenue, $2.60 and $2.78  for AEPS,
$2.60 and $2.78 for EPS, $0.69 and $0.79 for Dividends, $174M, $316M for FCF, $2.92 and $4.97 for CFPS, $158M, $173M and $191M 2022/4 for Net Income.
April 10, 2022.  Last estimates were for 2021 and 2022 of $2388M, $2458M for Revenue, $1.73 and $1.86 for EPS, $0.77 and $0.80 for Dividends, $115M and $221M for FCF, and $2.75 and $3.20 for CFPS.
April 10, 2021.  Last estimates were for 2020, 2021 of $2217M, $2329M for Revenue, $1.20 and $1.41 for EPS, $0.64 and $0.64 for dividends, $226M and $212M for FCF, $2.82 and $2.66 fpr CFPS.
April 5, 2020.  Last estimates were for 2019,  and 2020 of $2268M and $2307M for Revenue, $1.54 and $1.40 for EPS, $0.52 and $0.52 for Dividends, $1.77 and $1.77 for CFPS.
April 7, 2019.  Last estimates were for 2018 and 2019 of $2,279 and $2350M for Revenue, $1.36 and $1.46 for EPS, $0.48 and $0.52 for Dividends, $1.73 and $1.87 for CFPS.
April 7, 2018.  Last estimates were for 2017 and 2018 of $2224M and $2275M for Revenue, $1.21 and $1.29 for EPS, $1.58 and $1.66 for CFPS.
April 4, 2017.  Last estimates were for 2016 and 2017 of 2044M and $2110M for Revenue, $1.05 and 1.19 for EPS, $1.67 and $1.55 for CFPS.
April 16, 2016.  Last estimates were for 2015 and 2016 of $2002M and $2033M for Revenue, $1.08 and $1.16 for EPS, $1.50 and $1.61 for CFPS.
May 2, 2015.  Last estimates were for 2014 and 2015 of $2014M, $2036M for Revenue, $1.00 and $1.12 for EPS and $1.58 and $1.69 for CFPS.
May 12, 2014.  Last Estimates were for 2013 and 2014 of $1764M and $2090M for Revenue, $1.14 and $1.20 for EPS and $1.30 and $1.83 for CFPS.
Leon's has purchased The Brick Ltd.
April 15, 2013.  Last Estimates were for 2012 and 2013 of $693M and $716M for Revenue, $0.83 and $0.87 for EPS and $0.98 and $1.02 For CFPS.
April 17, 2012.  Last estimates were for 2011 and 2012 at $0.91 and $1.00 for EPS and $1.12 and $1.20 for CF.
Feb 4, 2012.  Estimates for Earnings and CF dropped to $.83 and .87 for Earnings and $.94 and $1.02 for CF for 2011.  Reason for recent downgrading.
Apr 24, 2011.  When I last looked I obtained estimates for 2010 and 2011 of $.90 and $.96 for earnings
Oct 2010.  Last I looked I got estimates for 2010 and 2011 of $.84 and .89.
Apr 10, 2010.  When I last looked at this stock, I got 2009 and 2010 estimates of $.80 and $.84 for earnings and $1.12 for 2009 cash Flow.
April 19, 2009 AP2008.  In Sep 2008, I got earnings estimate of $.90. The undiluted EPS came in at $.90.  I use the diluted, which is $.87.
I still think that this is a good stock and I do not regret buying it.  The 5 year return of over 8% is great when you consider a bear market is on.
AP 2007.  I have only an 6% IRR.  Wait before committing more money to this stock. Insiders are currently buying.
AP. 2006.  Sales and EPS increase ok.  Dividends are increasing nicely. I have done ok over purchase span of this stock. Mike says cheap re dividend yield. FP Card says hold as stock is above their price.
Apr  2006.  Seems Like a good company.  Stock is a little high, but not greatly so.  Seems to declare extra dividends every once in a while.
The compnay had common shares and Convertible Non-Voting Preferred Shares
There is a Management Share Purchase plan under which convertible non-voting shares can be bought.
Non-Voting Shares rather than Stock Options
Under the terms of the Plan, the Company advanced non-interest bearing loans to certain of its employees in 2005, 2009, 2012 and 2013 to allow them to acquire convertible,
non-voting series 2005 shares, series 2009 shares, series 2012 shares and series 2013 shares, respectively, of the Company. These loans are repayable through the application against the loans
of any dividends on the shares with any remaining balance repayable on the date the shares are converted to common shares.
Sector:
Consumer Discrestionary stock
What should this stock accomplish?
I expect moderat dividends and low growth over the longer term.  Also expect volitility.
Would I buy this company and Why.
I will continue to hold this dividend growth consumer discretionary stock.  I think that the company is a good one.  You would buy this for diversification
Why I bought this stock
I had some money in 2006 and this stock has been on MPL Communication's Investor Reporter list for some time.  It was also on Mike Higgs' Dividend Growth Stock list.
I bought some in 2006 and then some more in 2008, 2009, 2010,2013,2019 and 2022.
Dividends
Dividends are paid in Cycle 1, that is in January, April, July and October.  Dividends are paid before the middle of the month. Devidends are declared for shareholders of record for one month and payable in the following month.
For example, the dividend declared on Febrtuary 27, 2014 for shareholders' of record of March 7, 2014 is payble on April 7, 2014.   Leon's has a habit of giving extra dividends.
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 Customers never have to worry about paying too much because Leon's is the only home furnishings retailer in Canada with Integrity Pricing.
For employees
For community Leon's is proud to support the Boys & Girls Clubs of Canada.
For investors
How they make their money
Leon's Furniture Ltd operates a network of home furniture, appliances, electronics, and mattress stores in Canada. Its retail banners include: Leon's;
The Brick; Brick Outlet and The Brick Mattress Store, The Brick's Midnorthern Appliance, and Appliance Canada. It generates maximum revenue
from the sale of goods at stores, followed by income from franchise operations, the sale of extended warranties, etc.
Cannot find financial statements on site, but they are published in news item.  Do google search i.e. Leon's Furniture Limited - 2009 FOURTH QUARTER
Now if you look at the bottom of their site, there is a investor relations section.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
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	Apr 07	2019	Apr 06	2020	Apr 10	2021	Apr 10	2022	Apr 12	2023	Apr 13	2024	Apr 5	2025			Apr 19	2026
Walsh, Michael J.						0.051	0.07%	0.114	0.17%	0.191	0.28%	0.191	0.28%	0.191	0.28%			0.215	0.31%			12.32%
CEO							$1.261		$1.967		$3.474		$3.430		$5.354				$5.704
Non-voting shares; options						0.064	0.08%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%			0.000	0.00%			#DIV/0!
Amount							$1.582		$0.000		$0.000		$0.000		$0.000				$0.000
Diab, Victor														0.000	0.00%			0.020	0.03%		cannot find Apr 2025	#DIV/0!
CFO															$0.000				$0.534
Non-Voting Shares														0.000	0.00%			0.000	0.00%			#DIV/0!
Amount															$0.000				$0.000
Petanis, Constantine	0.07%	0.115	0.15%	0.124	0.16%	0.124	0.16%	0.223	0.33%	0.283	0.42%	0.283	0.41%								Ceased insider May 2024	#DIV/0!
Officer	$0.84		$1.91		$2.55		$3.079		$3.834		$5.134		$5.069
Non-voting shares; options	0.13%	0.098	0.13%	0.096	0.12%	0.094	0.12%	0.000	0.00%	0.000	0.00%	0.000	0.00%									#DIV/0!
Amount	$1.52		$1.64		$1.99		$2.339		$0.000		$0.000		$0.000
Walker, Darci Marie										0.064	0.09%	0.065	0.10%	0.078	0.11%			0.109	0.16%			39.17%
Officer											$1.170		$1.168		$2.190				$2.891
Non-voting shares; options										0.030	0.04%	0.029	0.04%	0.016	0.02%			0.000	0.00%			-100.00%
Amount											$0.548		$0.529		$0.459				$0.000
Cooney, John Andrew	0.02%	0.060	0.08%	0.058	0.07%	0.051	0.07%	0.137	0.20%	0.163	0.24%	0.134	0.20%	0.122	0.18%						Last rept Mar 2024	-100.00%
Officer	$0.25		$1.00		$1.19		$1.271		$2.363		$2.956		$2.409		$3.412
Non-voting shares; options	0.21%	0.160	0.21%	0.156	0.20%	0.152	0.20%	0.066	0.10%	0.065	0.10%	0.063	0.09%	0.062	0.09%							-100.00%
Amount	$2.479		$2.670		$3.226		$3.790		$1.138		$1.175		$1.134		$1.725
Leon, Lewis												0.170	0.25%	0.170	0.25%			0.187	0.27%			9.83%
Officer													$3.055		$4.771				$4.970
Non-voting shares; options												0.000	0.00%	0.001	0.00%			0.004	0.01%			179.16%
Amount													$0.000		$0.041				$0.109
Leon, Edward Florian	0.19%	0.342	0.44%	0.409	0.52%	0.412	0.54%	0.450	0.66%	0.474	0.70%	0.478	0.70%	0.482	0.70%			0.535	0.78%		Listed as Dir 2019	11.05%
Vice Chairman	$2.24		$5.71		$8.45		$10.237		$7.727		$8.601		$8.564		$13.498				$14.219		WSJ says CEO, Leon's conf
Non-voting shares; options	0.28%	0.211	0.27%	0.206	0.26%	0.202	0.26%	0.168	0.25%	0.164	0.24%	0.160	0.23%	0.194	0.28%			0.089	0.13%		director in 2022	-54.26%
Amount	$3.27		$3.52		$4.26		$5.008		$2.882		$2.970		$2.860		$5.439				$2.360		Vice Chairman 2024
Gagliano, Frank	0.01%	0.005	0.01%	0.005	0.01%	0.005	0.01%	0.005	0.01%	0.005	0.01%	0.005	0.01%	0.005	0.01%			0.005	0.01%			0.00%
Director	$0.07		$0.08		$0.09		$0.112		$0.077		$0.082		$0.081		$0.126				$0.120
Non-voting shares; options	0.00%	0.098	0.13%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.028	0.04%			0.031	0.04%			9.32%
Amount	$0.00		$1.64		$0.00		$0.000		$0.000		$0.000		$0.000		$0.793				$0.822
Leon, Terrence Thomas	1.41%	1.032	1.34%	1.098	1.40%	1.115	1.45%	1.320	1.95%	1.341	1.97%	1.341	1.97%	1.341	1.95%			1.341	1.95%		WSJ says now vice chair	0.00%
Chairman	$16.39		$17.21		$22.66		$27.715		$22.699		$24.352		$24.044		$37.548				$35.617		Was CEO 2019
Non-voting shares; options	0.29%	0.218	0.28%	0.212	0.27%	0.207	0.27%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.045	0.07%			0.049	0.07%		Chariman 2024	8.32%
Amount	$3.35		$3.63		$4.38		$5.151		$0.000		$0.000		$0.000		$1.268				$1.303		Just Leon, Terrence
Leon, Mark Joseph	0.79%	0.633	0.82%	0.625	0.80%	0.627	0.82%	0.692	1.02%	0.780	1.15%	0.780	1.14%								Chairman Emeritus 2024	#DIV/0!
Chairman Emeritus	$9.20		$10.56		$12.90		$15.586		$11.893		$14.162		$13.983								Ceased Insider Jun 2024
Non-voting shares; options	0.09%	0.068	0.09%	0.067	0.08%	0.065	0.08%	0.000	0.00%	0.000	0.00%	0.000	0.00%									#DIV/0!
Amount	$1.05		$1.14		$1.37		$1.607		$0.000		$0.000		$0.000
10% Holders
Antomel Limited	15.59%	12.084	15.64%	10.553	13.66%	10.553	13.74%	10.553	15.55%	10.553	15.51%	10.553	15.48%	10.553	15.34%			10.553	15.34%		Last report Sep 2019	0.00%
Leon, Anthony Thomas	$181.62		$201.44		$175.92		$262.24		$181.406		$191.642		$189.215		$295.483				$280.287
Jomila Limited																					no chge 2022
Amount
Midgemar Limited	15.48%	11.997	15.53%	12.053	15.60%	12.053	15.69%	12.053	17.76%	12.053	17.72%	12.053	17.67%	12.053	17.52%			12.053	17.52%		Last Rept Dec 2017	0.00%
Amount	$180.32		$199.99		$200.92		$299.51		$207.183		$218.874		$216.102		$337.471				$320.115
Timmyal Limited														13.530	19.67%			13.490	19.61%		Last Chage Sep 2025	-0.30%
Amount															$378.850				$358.304
Indirect
Amount
Total Insider
Increase in O/S Shares	0.51%	1.189	1.53%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.786	1.16%	0.615	0.90%	0.16	0.23%			0.422	0.61%		Average	31.16%
due to SO 2013	$7.143		$17.869		$0.00		$0.00		$0.00		$13.504		$11.166		$2.828				$11.822		Mge Share Purchase plan
Book Value	$4.349		$15.605		$0.000		$0.000		$0.000		$13.409		$2.239		$2.061				$12.961		It would seem it is 0 in 2019
Insider Buying	-$0.376		-$0.477		-$1.151		-$0.153		-$0.239		-$3.820		$0.000		$0.000				-$0.008		Hard to tell in 2021
Insider Selling	$0.426		$0.190		$0.302		$2.036		$0.335		$0.085		$0.616		-$0.375				$4.687
Net Insider Selling	$0.049		-$0.287		-$0.849		$1.883		$0.096		-$3.735		$0.616		-$0.375				$4.679
% of Market Cap	0.00%		-0.02%		-0.05%		0.10%		0.01%		-0.30%		0.05%		-0.02%				0.26%
Directors		8		7		8		8		8		8		8				8			Wall Street journal
Women	13%	1	13%	0	0%	2	25%	2	25%	2	25%	2	25%	2	25%			2	25%		Info on Board, Executive
Minorities	0%	0	0%	0	0%	0	0%	0	0%	0	0%	0	0%	0	0%			0	0%
Institutions/Holdings	14.99%	23	15.50%	20	72.03%			20	9.64%	20	8.58%	20	6.13%	20	20.98%			20	6.67%
Total Shares Held	14.76%	12.022	15.56%	55.933	71.12%			6.632	8.64%	5.820	8.56%	4.168	6.11%	14.308	20.98%			4.594	6.68%
Increase/Decrease	0.18%	0.109	0.91%	0.143	0.26%			-0.068	-1.01%	1.077	22.70%	0.140	3.48%	-0.035	-0.24%			0.272	6.29%
Starting No. of Shares		11.913		55.790	Top 20 MS			6.700	Top 20 MS	4.744	Top 20 MS	4.028	Top 20 MS	14.343	Top 20 MS			4.323	Top 20 MS
Copyright © 2008 Website of SPBrunner. All rights reserved.
My stock