POLLARD BANKNOTE LTD (PBL.CA) Fundamental Analysis & Valuation

TSX:PBLCA73150R1055

Current stock price

18.39 CAD
+0.55 (+3.08%)
Last:

This PBL.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. PBL.CA Profitability Analysis

1.1 Basic Checks

  • In the past year PBL was profitable.
  • PBL had a positive operating cash flow in the past year.
  • PBL had positive earnings in each of the past 5 years.
  • In the past 5 years PBL always reported a positive cash flow from operatings.
PBL.CA Yearly Net Income VS EBIT VS OCF VS FCFPBL.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 2025 20M 40M 60M 80M

1.2 Ratios

  • The Return On Assets of PBL (4.98%) is better than 61.11% of its industry peers.
  • PBL has a Return On Equity (9.28%) which is in line with its industry peers.
  • PBL has a Return On Invested Capital (0.12%) which is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for PBL is significantly below the industry average of 9.01%.
Industry RankSector Rank
ROA 4.98%
ROE 9.28%
ROIC 0.12%
ROA(3y)5.53%
ROA(5y)4.94%
ROE(3y)10.42%
ROE(5y)9.68%
ROIC(3y)1.25%
ROIC(5y)1.82%
PBL.CA Yearly ROA, ROE, ROICPBL.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • PBL's Profit Margin of 5.81% is in line compared to the rest of the industry. PBL outperforms 50.00% of its industry peers.
  • In the last couple of years the Profit Margin of PBL has declined.
  • PBL's Operating Margin of 0.16% is in line compared to the rest of the industry. PBL outperforms 44.44% of its industry peers.
  • PBL's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 16.74%, PBL is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of PBL has declined.
Industry RankSector Rank
OM 0.16%
PM (TTM) 5.81%
GM 16.74%
OM growth 3Y-59.53%
OM growth 5Y-55.69%
PM growth 3Y13.41%
PM growth 5Y-6.28%
GM growth 3Y-0.97%
GM growth 5Y-5.29%
PBL.CA Yearly Profit, Operating, Gross MarginsPBL.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

6

2. PBL.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PBL is destroying value.
  • Compared to 1 year ago, PBL has about the same amount of shares outstanding.
  • Compared to 5 years ago, PBL has more shares outstanding
  • Compared to 1 year ago, PBL has an improved debt to assets ratio.
PBL.CA Yearly Shares OutstandingPBL.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M 25M
PBL.CA Yearly Total Debt VS Total AssetsPBL.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

  • PBL has an Altman-Z score of 2.35. This is not the best score and indicates that PBL is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.35, PBL belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
  • PBL has a debt to FCF ratio of 6.98. This is a slightly negative value and a sign of low solvency as PBL would need 6.98 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 6.98, PBL is doing good in the industry, outperforming 72.22% of the companies in the same industry.
  • PBL has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of PBL (0.45) is better than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 6.98
Altman-Z 2.35
ROIC/WACC0.02
WACC7.16%
PBL.CA Yearly LT Debt VS Equity VS FCFPBL.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

2.3 Liquidity

  • PBL has a Current Ratio of 1.69. This is a normal value and indicates that PBL is financially healthy and should not expect problems in meeting its short term obligations.
  • With an excellent Current ratio value of 1.69, PBL belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
  • PBL has a Quick Ratio of 1.22. This is a normal value and indicates that PBL is financially healthy and should not expect problems in meeting its short term obligations.
  • PBL has a Quick ratio of 1.22. This is amongst the best in the industry. PBL outperforms 83.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.69
Quick Ratio 1.22
PBL.CA Yearly Current Assets VS Current LiabilitesPBL.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

4

3. PBL.CA Growth Analysis

3.1 Past

  • PBL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.56%.
  • The Earnings Per Share has been decreasing by -0.47% on average over the past years.
  • The Revenue has been growing slightly by 6.99% in the past year.
  • PBL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.56% yearly.
EPS 1Y (TTM)-1.56%
EPS 3Y21.07%
EPS 5Y-0.47%
EPS Q2Q%383.33%
Revenue 1Y (TTM)6.99%
Revenue growth 3Y7.21%
Revenue growth 5Y7.56%
Sales Q2Q%7.48%

3.2 Future

  • The Earnings Per Share is expected to grow by 38.80% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, PBL will show a small growth in Revenue. The Revenue will grow by 6.19% on average per year.
EPS Next Y63.52%
EPS Next 2Y38.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.49%
Revenue Next 2Y6.19%
Revenue Next 3YN/A
Revenue Next 5YN/A

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.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
PBL.CA Yearly Revenue VS EstimatesPBL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
PBL.CA Yearly EPS VS EstimatesPBL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2

6

4. PBL.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • PBL is valuated correctly with a Price/Earnings ratio of 14.60.
  • Based on the Price/Earnings ratio, PBL is valued a bit cheaper than 66.67% of the companies in the same industry.
  • PBL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.64.
  • The Price/Forward Earnings ratio is 8.93, which indicates a very decent valuation of PBL.
  • 94.44% of the companies in the same industry are more expensive than PBL, based on the Price/Forward Earnings ratio.
  • PBL is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.36, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 14.6
Fwd PE 8.93
PBL.CA Price Earnings VS Forward Price EarningsPBL.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PBL indicates a somewhat cheap valuation: PBL is cheaper than 66.67% of the companies listed in the same industry.
  • PBL's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 20.08
EV/EBITDA 12.81
PBL.CA Per share dataPBL.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • PBL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as PBL's earnings are expected to grow with 38.80% in the coming years.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y38.8%
EPS Next 3YN/A

5

5. PBL.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.12%, PBL has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.53, PBL has a dividend in line with its industry peers.
  • Compared to the average S&P500 Dividend Yield of 1.80, PBL is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.12%

5.2 History

  • The dividend of PBL has a limited annual growth rate of 4.59%.
  • PBL has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.59%
Div Incr Years0
Div Non Decr Years0
PBL.CA Yearly Dividends per sharePBL.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.05 0.1 0.15 0.2

5.3 Sustainability

  • PBL pays out 15.62% of its income as dividend. This is a sustainable payout ratio.
  • PBL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP15.62%
EPS Next 2Y38.8%
EPS Next 3YN/A
PBL.CA Yearly Income VS Free CF VS DividendPBL.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
PBL.CA Dividend Payout.PBL.CA Dividend Payout, showing the Payout Ratio.PBL.CA Dividend Payout.PayoutRetained Earnings

PBL.CA Fundamentals: All Metrics, Ratios and Statistics

POLLARD BANKNOTE LTD

TSX:PBL (5/1/2026, 7:00:00 PM)

18.39

+0.55 (+3.08%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Industry Strength3.15
Industry Growth27.61
Earnings (Last)03-10
Earnings (Next)05-13
Inst Owners12.78%
Inst Owner ChangeN/A
Ins Owners63.99%
Ins Owner ChangeN/A
Market Cap497.82M
Revenue(TTM)596.02M
Net Income(TTM)34.65M
Analysts80
Price Target34.94 (89.99%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.12%
Yearly Dividend0.2
Dividend Growth(5Y)4.59%
DP15.62%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-31
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-44.13%
Min EPS beat(2)-57.39%
Max EPS beat(2)-30.88%
EPS beat(4)1
Avg EPS beat(4)-25.53%
Min EPS beat(4)-57.39%
Max EPS beat(4)21.64%
EPS beat(8)3
Avg EPS beat(8)-14.07%
EPS beat(12)6
Avg EPS beat(12)1.76%
EPS beat(16)8
Avg EPS beat(16)-0.11%
Revenue beat(2)0
Avg Revenue beat(2)-2.42%
Min Revenue beat(2)-4.77%
Max Revenue beat(2)-0.06%
Revenue beat(4)1
Avg Revenue beat(4)-0.97%
Min Revenue beat(4)-4.77%
Max Revenue beat(4)5.63%
Revenue beat(8)3
Avg Revenue beat(8)-0.94%
Revenue beat(12)6
Avg Revenue beat(12)-0.62%
Revenue beat(16)8
Avg Revenue beat(16)-0.9%
PT rev (1m)0%
PT rev (3m)-0.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.18%
EPS NY rev (1m)-7.97%
EPS NY rev (3m)-11.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.74%
Valuation
Industry RankSector Rank
PE 14.6
Fwd PE 8.93
P/S 0.84
P/FCF 20.08
P/OCF 5.95
P/B 1.33
P/tB 4.72
EV/EBITDA 12.81
EPS(TTM)1.26
EY6.85%
EPS(NY)2.06
Fwd EY11.2%
FCF(TTM)0.92
FCFY4.98%
OCF(TTM)3.09
OCFY16.8%
SpS22.02
BVpS13.79
TBVpS3.9
PEG (NY)0.23
PEG (5Y)N/A
Graham Number19.7752 (7.53%)
Profitability
Industry RankSector Rank
ROA 4.98%
ROE 9.28%
ROCE 0.18%
ROIC 0.12%
ROICexc 0.13%
ROICexgc 0.26%
OM 0.16%
PM (TTM) 5.81%
GM 16.74%
FCFM 4.16%
ROA(3y)5.53%
ROA(5y)4.94%
ROE(3y)10.42%
ROE(5y)9.68%
ROIC(3y)1.25%
ROIC(5y)1.82%
ROICexc(3y)1.29%
ROICexc(5y)1.85%
ROICexgc(3y)2.7%
ROICexgc(5y)4%
ROCE(3y)1.85%
ROCE(5y)2.71%
ROICexgc growth 3Y-61.11%
ROICexgc growth 5Y-56.07%
ROICexc growth 3Y-60.51%
ROICexc growth 5Y-56.46%
OM growth 3Y-59.53%
OM growth 5Y-55.69%
PM growth 3Y13.41%
PM growth 5Y-6.28%
GM growth 3Y-0.97%
GM growth 5Y-5.29%
F-Score4
Asset Turnover0.86
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 6.98
Debt/EBITDA 3.33
Cap/Depr 119.64%
Cap/Sales 9.87%
Interest Coverage 0.09
Cash Conversion 166.75%
Profit Quality 71.55%
Current Ratio 1.69
Quick Ratio 1.22
Altman-Z 2.35
F-Score4
WACC7.16%
ROIC/WACC0.02
Cap/Depr(3y)108.78%
Cap/Depr(5y)99.09%
Cap/Sales(3y)8.96%
Cap/Sales(5y)8.27%
Profit Quality(3y)70.83%
Profit Quality(5y)86.3%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.56%
EPS 3Y21.07%
EPS 5Y-0.47%
EPS Q2Q%383.33%
EPS Next Y63.52%
EPS Next 2Y38.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.99%
Revenue growth 3Y7.21%
Revenue growth 5Y7.56%
Sales Q2Q%7.48%
Revenue Next Year7.49%
Revenue Next 2Y6.19%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-94.76%
EBIT growth 3Y-56.62%
EBIT growth 5Y-52.35%
EBIT Next Year78.07%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y24.46%
FCF growth 3Y5.73%
FCF growth 5Y-7.09%
OCF growth 1Y13.18%
OCF growth 3Y15.56%
OCF growth 5Y7%

POLLARD BANKNOTE LTD / PBL.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of POLLARD BANKNOTE LTD (PBL.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to PBL.CA.


What is the valuation status of POLLARD BANKNOTE LTD (PBL.CA) stock?

ChartMill assigns a valuation rating of 6 / 10 to POLLARD BANKNOTE LTD (PBL.CA). This can be considered as Fairly Valued.


What is the profitability of PBL stock?

POLLARD BANKNOTE LTD (PBL.CA) has a profitability rating of 4 / 10.


What is the valuation of POLLARD BANKNOTE LTD based on its PE and PB ratios?

The Price/Earnings (PE) ratio for POLLARD BANKNOTE LTD (PBL.CA) is 14.6 and the Price/Book (PB) ratio is 1.33.


What is the earnings growth outlook for POLLARD BANKNOTE LTD?

The Earnings per Share (EPS) of POLLARD BANKNOTE LTD (PBL.CA) is expected to grow by 63.52% in the next year.