THE BOYD GROUP INC (BYD.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:BYD • CA1033101082

242.94 CAD
+9.83 (+4.22%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

4

BYD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 24 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of BYD while its profitability can be described as average. BYD is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • BYD had positive earnings in the past year.
  • BYD had a positive operating cash flow in the past year.
  • Each year in the past 5 years BYD has been profitable.
  • Each year in the past 5 years BYD had a positive operating cash flow.
BYD.CA Yearly Net Income VS EBIT VS OCF VS FCFBYD.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

1.2 Ratios

  • BYD has a Return On Assets (0.62%) which is in line with its industry peers.
  • The Return On Equity of BYD (1.89%) is comparable to the rest of the industry.
  • Looking at the Return On Invested Capital, with a value of 4.11%, BYD is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for BYD is in line with the industry average of 5.81%.
Industry RankSector Rank
ROA 0.62%
ROE 1.89%
ROIC 4.11%
ROA(3y)2.19%
ROA(5y)2.1%
ROE(3y)6.3%
ROE(5y)5.64%
ROIC(3y)5.13%
ROIC(5y)4.64%
BYD.CA Yearly ROA, ROE, ROICBYD.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10

1.3 Margins

  • The Profit Margin of BYD (0.52%) is comparable to the rest of the industry.
  • BYD's Profit Margin has declined in the last couple of years.
  • With a Operating Margin value of 3.78%, BYD perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
  • BYD's Operating Margin has declined in the last couple of years.
  • BYD has a Gross Margin of 46.29%. This is amongst the best in the industry. BYD outperforms 91.67% of its industry peers.
  • BYD's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 3.78%
PM (TTM) 0.52%
GM 46.29%
OM growth 3Y6.46%
OM growth 5Y-11.36%
PM growth 3Y-14.01%
PM growth 5Y-22.24%
GM growth 3Y0.65%
GM growth 5Y0.04%
BYD.CA Yearly Profit, Operating, Gross MarginsBYD.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BYD is destroying value.
  • Compared to 1 year ago, BYD has about the same amount of shares outstanding.
  • Compared to 5 years ago, BYD has more shares outstanding
  • BYD has a worse debt/assets ratio than last year.
BYD.CA Yearly Shares OutstandingBYD.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
BYD.CA Yearly Total Debt VS Total AssetsBYD.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 3.06 indicates that BYD is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.06, BYD is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
  • The Debt to FCF ratio of BYD is 4.66, which is a neutral value as it means it would take BYD, 4.66 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.66, BYD is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
  • BYD has a Debt/Equity ratio of 1.43. This is a high value indicating a heavy dependency on external financing.
  • BYD has a Debt to Equity ratio (1.43) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 1.43
Debt/FCF 4.66
Altman-Z 3.06
ROIC/WACC0.52
WACC7.85%
BYD.CA Yearly LT Debt VS Equity VS FCFBYD.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.3 Liquidity

  • A Current Ratio of 0.70 indicates that BYD may have some problems paying its short term obligations.
  • The Current ratio of BYD (0.70) is worse than 62.50% of its industry peers.
  • BYD has a Quick Ratio of 0.70. This is a bad value and indicates that BYD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BYD's Quick ratio of 0.56 is on the low side compared to the rest of the industry. BYD is outperformed by 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.7
Quick Ratio 0.56
BYD.CA Yearly Current Assets VS Current LiabilitesBYD.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

6

3. Growth

3.1 Past

  • BYD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.40%.
  • Measured over the past years, BYD shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -17.70% on average per year.
  • Looking at the last year, BYD shows a small growth in Revenue. The Revenue has grown by 1.41% in the last year.
  • BYD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.27% yearly.
EPS 1Y (TTM)-27.4%
EPS 3Y3.2%
EPS 5Y-17.7%
EPS Q2Q%313.33%
Revenue 1Y (TTM)1.41%
Revenue growth 3Y17.92%
Revenue growth 5Y12.27%
Sales Q2Q%5.04%

3.2 Future

  • BYD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 51.50% yearly.
  • The Revenue is expected to grow by 15.11% on average over the next years. This is quite good.
EPS Next Y26.48%
EPS Next 2Y63.69%
EPS Next 3Y55.31%
EPS Next 5Y51.5%
Revenue Next Year3.17%
Revenue Next 2Y14.25%
Revenue Next 3Y13.71%
Revenue Next 5Y15.11%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
BYD.CA Yearly Revenue VS EstimatesBYD.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B
BYD.CA Yearly EPS VS EstimatesBYD.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 117.93, which means the current valuation is very expensive for BYD.
  • BYD's Price/Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Earnings ratio is at 27.93. BYD is valued rather expensively when compared to this.
  • With a Price/Forward Earnings ratio of 46.07, BYD can be considered very expensive at the moment.
  • BYD's Price/Forward Earnings ratio is in line with the industry average.
  • BYD is valuated expensively when we compare the Price/Forward Earnings ratio to 27.77, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 117.93
Fwd PE 46.07
BYD.CA Price Earnings VS Forward Price EarningsBYD.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • BYD's Enterprise Value to EBITDA ratio is in line with the industry average.
  • 79.17% of the companies in the same industry are more expensive than BYD, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 17.14
EV/EBITDA 17.44
BYD.CA Per share dataBYD.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • BYD's earnings are expected to grow with 55.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.45
PEG (5Y)N/A
EPS Next 2Y63.69%
EPS Next 3Y55.31%

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.27%, BYD is not a good candidate for dividend investing.
  • BYD's Dividend Yield is a higher than the industry average which is at 1.04.
  • With a Dividend Yield of 0.27, BYD pays less dividend than the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 0.27%

5.2 History

  • The dividend of BYD has a limited annual growth rate of 1.52%.
  • BYD has paid a dividend for at least 10 years, which is a reliable track record.
  • BYD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.52%
Div Incr Years17
Div Non Decr Years17
BYD.CA Yearly Dividends per shareBYD.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

  • BYD pays out 58.23% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • The dividend of BYD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP58.23%
EPS Next 2Y63.69%
EPS Next 3Y55.31%
BYD.CA Yearly Income VS Free CF VS DividendBYD.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
BYD.CA Dividend Payout.BYD.CA Dividend Payout, showing the Payout Ratio.BYD.CA Dividend Payout.PayoutRetained Earnings

THE BOYD GROUP INC

TSX:BYD (2/6/2026, 7:00:00 PM)

242.94

+9.83 (+4.22%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)11-12
Earnings (Next)03-18
Inst Owners52.7%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap6.76B
Revenue(TTM)3.10B
Net Income(TTM)16.07M
Analysts83.33
Price Target282.74 (16.38%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.27%
Yearly Dividend0.6
Dividend Growth(5Y)1.52%
DP58.23%
Div Incr Years17
Div Non Decr Years17
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.94%
Min EPS beat(2)-14.97%
Max EPS beat(2)-2.91%
EPS beat(4)1
Avg EPS beat(4)-4.53%
Min EPS beat(4)-30.76%
Max EPS beat(4)30.51%
EPS beat(8)1
Avg EPS beat(8)-19.77%
EPS beat(12)3
Avg EPS beat(12)-12.14%
EPS beat(16)6
Avg EPS beat(16)2.86%
Revenue beat(2)0
Avg Revenue beat(2)-1.55%
Min Revenue beat(2)-2.09%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-1.64%
Min Revenue beat(4)-3.1%
Max Revenue beat(4)-0.34%
Revenue beat(8)0
Avg Revenue beat(8)-1.62%
Revenue beat(12)3
Avg Revenue beat(12)-0.3%
Revenue beat(16)7
Avg Revenue beat(16)0.68%
PT rev (1m)-0.01%
PT rev (3m)4.89%
EPS NQ rev (1m)-3.35%
EPS NQ rev (3m)-11.79%
EPS NY rev (1m)-2.61%
EPS NY rev (3m)-6.99%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)1.88%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.6%
Valuation
Industry RankSector Rank
PE 117.93
Fwd PE 46.07
P/S 1.6
P/FCF 17.14
P/OCF 13.97
P/B 5.83
P/tB N/A
EV/EBITDA 17.44
EPS(TTM)2.06
EY0.85%
EPS(NY)5.27
Fwd EY2.17%
FCF(TTM)14.17
FCFY5.83%
OCF(TTM)17.39
OCFY7.16%
SpS152.29
BVpS41.65
TBVpS-8.38
PEG (NY)4.45
PEG (5Y)N/A
Graham Number43.94
Profitability
Industry RankSector Rank
ROA 0.62%
ROE 1.89%
ROCE 5.48%
ROIC 4.11%
ROICexc 4.24%
ROICexgc 8.33%
OM 3.78%
PM (TTM) 0.52%
GM 46.29%
FCFM 9.31%
ROA(3y)2.19%
ROA(5y)2.1%
ROE(3y)6.3%
ROE(5y)5.64%
ROIC(3y)5.13%
ROIC(5y)4.64%
ROICexc(3y)5.18%
ROICexc(5y)4.74%
ROICexgc(3y)10.88%
ROICexgc(5y)10.65%
ROCE(3y)6.83%
ROCE(5y)6.19%
ROICexgc growth 3Y9.42%
ROICexgc growth 5Y-16.32%
ROICexc growth 3Y17.12%
ROICexc growth 5Y-11.35%
OM growth 3Y6.46%
OM growth 5Y-11.36%
PM growth 3Y-14.01%
PM growth 5Y-22.24%
GM growth 3Y0.65%
GM growth 5Y0.04%
F-Score4
Asset Turnover1.19
Health
Industry RankSector Rank
Debt/Equity 1.43
Debt/FCF 4.66
Debt/EBITDA 3.41
Cap/Depr 27.32%
Cap/Sales 2.11%
Interest Coverage 1.01
Cash Conversion 99.15%
Profit Quality 1795.79%
Current Ratio 0.7
Quick Ratio 0.56
Altman-Z 3.06
F-Score4
WACC7.85%
ROIC/WACC0.52
Cap/Depr(3y)28.51%
Cap/Depr(5y)25.72%
Cap/Sales(3y)2%
Cap/Sales(5y)1.92%
Profit Quality(3y)618.7%
Profit Quality(5y)601.82%
High Growth Momentum
Growth
EPS 1Y (TTM)-27.4%
EPS 3Y3.2%
EPS 5Y-17.7%
EPS Q2Q%313.33%
EPS Next Y26.48%
EPS Next 2Y63.69%
EPS Next 3Y55.31%
EPS Next 5Y51.5%
Revenue 1Y (TTM)1.41%
Revenue growth 3Y17.92%
Revenue growth 5Y12.27%
Sales Q2Q%5.04%
Revenue Next Year3.17%
Revenue Next 2Y14.25%
Revenue Next 3Y13.71%
Revenue Next 5Y15.11%
EBIT growth 1Y-9.06%
EBIT growth 3Y25.53%
EBIT growth 5Y-0.48%
EBIT Next Year249.79%
EBIT Next 3Y79.42%
EBIT Next 5Y52.7%
FCF growth 1Y20.57%
FCF growth 3Y13.25%
FCF growth 5Y3.51%
OCF growth 1Y22.69%
OCF growth 3Y16.78%
OCF growth 5Y7.03%

THE BOYD GROUP INC / BYD.CA FAQ

What is the fundamental rating for BYD stock?

ChartMill assigns a fundamental rating of 4 / 10 to BYD.CA.


Can you provide the valuation status for THE BOYD GROUP INC?

ChartMill assigns a valuation rating of 3 / 10 to THE BOYD GROUP INC (BYD.CA). This can be considered as Overvalued.


How profitable is THE BOYD GROUP INC (BYD.CA) stock?

THE BOYD GROUP INC (BYD.CA) has a profitability rating of 5 / 10.


What is the valuation of THE BOYD GROUP INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for THE BOYD GROUP INC (BYD.CA) is 117.93 and the Price/Book (PB) ratio is 5.83.


How financially healthy is THE BOYD GROUP INC?

The financial health rating of THE BOYD GROUP INC (BYD.CA) is 3 / 10.