POLLARD BANKNOTE LTD (PBL.CA) Fundamental Analysis & Valuation
TSX:PBL • CA73150R1055
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.
1. PBL.CA Profitability Analysis
1.1 Basic Checks
- PBL had positive earnings in the past year.
- In the past year PBL had a positive cash flow from operations.
- PBL had positive earnings in each of the past 5 years.
- Each year in the past 5 years PBL had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of PBL (4.98%) is better than 61.11% of its industry peers.
- PBL's Return On Equity of 9.28% is in line compared to the rest of the industry. PBL outperforms 44.44% of its industry peers.
- PBL has a Return On Invested Capital (0.12%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for PBL is significantly below the industry average of 9.01%.
| Industry Rank | Sector 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%
1.3 Margins
- With a Profit Margin value of 5.81%, PBL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of PBL has declined.
- The Operating Margin of PBL (0.16%) is comparable to the rest of the industry.
- PBL's Operating Margin has declined in the last couple of years.
- PBL's Gross Margin of 16.74% is on the low side compared to the rest of the industry. PBL is outperformed by 61.11% of its industry peers.
- In the last couple of years the Gross Margin of PBL has declined.
| Industry Rank | Sector 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%
2. PBL.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PBL is destroying value.
- Compared to 1 year ago, PBL has about the same amount of shares outstanding.
- PBL has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for PBL has been reduced compared to a year ago.
2.2 Solvency
- PBL has an Altman-Z score of 2.32. 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.
- The Altman-Z score of PBL (2.32) is better than 83.33% of its industry peers.
- The Debt to FCF ratio of PBL is 6.98, which is on the high side as it means it would take PBL, 6.98 years of fcf income to pay off all of its debts.
- PBL has a better Debt to FCF ratio (6.98) than 72.22% of its industry peers.
- PBL has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
- PBL has a Debt to Equity ratio of 0.45. This is in the better half of the industry: PBL outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.32 |
ROIC/WACC0.02
WACC7.16%
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.
- PBL's Current ratio of 1.69 is amongst the best of the industry. PBL outperforms 88.89% of its industry peers.
- A Quick Ratio of 1.22 indicates that PBL should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.22, PBL belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.22 |
3. PBL.CA Growth Analysis
3.1 Past
- The earnings per share for PBL have decreased by -1.56% in the last year.
- Measured over the past years, PBL shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.47% on average per year.
- Looking at the last year, PBL shows a small growth in Revenue. The Revenue has grown by 6.99% in the last 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
- PBL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.80% yearly.
- The Revenue is expected to grow by 6.19% on average over the next years.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. PBL.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 14.60 indicates a correct valuation of PBL.
- PBL's Price/Earnings ratio is a bit cheaper when compared to the industry. PBL is cheaper than 66.67% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.64. PBL is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 8.93, which indicates a very decent valuation of PBL.
- Based on the Price/Forward Earnings ratio, PBL is valued cheaply inside the industry as 94.44% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 21.36, PBL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.6 | ||
| Fwd PE | 8.93 |
4.2 Price Multiples
- 66.67% of the companies in the same industry are more expensive than PBL, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as PBL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.08 | ||
| EV/EBITDA | 12.51 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- PBL's earnings are expected to grow with 38.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y38.8%
EPS Next 3YN/A
5. PBL.CA Dividend Analysis
5.1 Amount
- PBL has a Yearly Dividend Yield of 1.12%.
- PBL's Dividend Yield is comparable with the industry average which is at 2.51.
- PBL's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
- The dividend of PBL has a limited annual growth rate of 4.59%.
- PBL has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.59%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- PBL pays out 15.62% of its income as dividend. This is a sustainable payout ratio.
- The dividend of PBL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP15.62%
EPS Next 2Y38.8%
EPS Next 3YN/A
PBL.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:PBL (5/1/2026, 7:00:00 PM)
18.39
+0.55 (+3.08%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Industry Strength3.15
Industry Growth27.61
Earnings (Last)03-10 2026-03-10/amc
Earnings (Next)05-13 2026-05-13
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 Rank | Sector 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 2026-03-31 (0.05)
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)0.74%
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)-0.28%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector 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 | 12.51 |
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 Rank | Sector 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 Rank | Sector 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 | 2.32 |
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.