ATZ Stock Analysis: Aritzia | TO

Women’s Apparel, Activewear, Outerwear, Accessories

Total Rating 87

Safety 93

Buy Signal 1.58

Apparel Retail
Industry Rotation: +26.2

Market Cap: 11.9B
Avg Turnover: 94.4M

Risk 3d forecast

Volatility40.9%

VaR 5^th Pctl6.59%

VaR vs Median-2.14%

Reward TTM

Sharpe Ratio1.29

Rel. Str. IBD82.8

Rel. Str. Peer Group84.1 pctl

Character TTM

Beta1.733

Beta Downside1.332

Hurst Exponent0.581

Choppyness64.0%

Drawdowns 3y

Max DD46.84%

CAGR/Max DD1.86

CAGR/Mean DD9.42

EPS (Earnings per Share)

EPS CAGR: 82.66%
EPS Trend: 99.2%

Last SUE: 4.00
Qual. Beats: 5

Revenue

Rev. CAGR: 27.46%
Rev. Trend: 97.9%

Last SUE: 1.84
Qual. Beats: 9

Warnings

No concerns identified

Tailwinds

Pead

Confidence

Seasonality

Not enough history

Description: ATZ Aritzia

Aritzia Inc. is a Vancouver-based Canadian apparel retailer founded in 1984. It designs and sells women’s clothing and accessories, including activewear, dresses, denim, outerwear and accessories, through its digital channels and boutiques in Canada and the United States.

The company sells products under brands including Aritzia, Babaton, Wilfred, Tna, Reigning Champ and The Super Puff. As an apparel retailer in the consumer discretionary sector, its business combines in-house product development with direct sales through online and physical stores.

Headlines to Watch Out For

U.S. boutique expansion and digital growth drive revenue
Higher freight, labor and store costs pressure margins
Discretionary spending and fashion competition shape comparable sales

Piotroski VR-10 (Strict) 9.0

Net Income: 592.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.18 > 0.02 and ΔFCF/TA 6.10 > 1.0
NWC/Revenue: 7.65% < 20% (prev 9.80%; Δ -2.15% < -1%)
CFO/TA 0.27 > 3% & CFO 961.8m > Net Income 592.1m
Net Debt (1.73b) to EBITDA (1.03b): 1.68 < 3
Current Ratio: 1.31 > 1.5 & < 3
Outstanding Shares: last quarter (118.9m) vs 12m ago -0.19% < -2%
Gross Margin: 46.45% > 18% (prev 44.59%; Δ 1.86% > 0.5%)
Asset Turnover: 135.6% > 50% (prev 110.4%; Δ 25.11% > 0%)
Interest Coverage Ratio: 12.25 > 6 (EBIT TTM 792.0m / Interest Expense TTM 64.6m)

Altman Z'' 3.80

A: 0.09 (Total Current Assets 1.40b - Total Current Liabilities 1.06b) / Total Assets 3.61b
B: 0.24 (Retained Earnings 880.8m / Total Assets 3.61b)
C: 0.25 (EBIT TTM 792.0m / Avg Total Assets 3.21b)
D: 0.70 (Book Value of Equity 1.49b / Total Liabilities 2.12b)
Altman-Z'' = 3.80 = AA

Beneish M -3.11

DSRI: 0.65 (Receivables 30.5m/33.6m, Revenue 4.35b/3.10b)
GMI: 0.96 (GM 44.59% / 46.45%)
AQI: 0.95 (AQ_t 0.11 / AQ_t-1 0.11)
SGI: 1.40 (Revenue 4.35b / 3.10b)
TATA: -0.10 (NI 592.1m - CFO 961.8m) / TA 3.61b)
Beneish M = -3.11 (Cap -4..+1) = AA

What is the price of ATZ shares?

As of October 20, 2026, the stock is trading at CAD 150.38 with a total of 846,709 shares traded. Over the past week, the price has changed by +2.36%, over one month by +19.83%, over three months by +3.65% and over the past year by +64.49%.

Current recommended Stop Loss: 142.90 (which is 5% or 1.2 ATR below the current price).

Is ATZ a buy, sell or hold?

Aritzia has no consensus analysts rating.

Aritzia (ATZ) - Fundamental Data Overview as of 18 October 2026

Market Cap USD = 11.9b (16.9b CAD * 0.7071 CAD.USD)
P/E Trailing = 30.0565
P/E Forward = 24.57
P/S = 3.8822
P/B = 9.6614
Revenue TTM = 4.35b CAD
EBIT TTM = 792.0m CAD
EBITDA TTM = 1.03b CAD
Long Term Debt = 1.05b CAD (estimated: total debt 1.18b - short term 131.2m)
Short Term Debt = 131.2m CAD (from shortTermDebt, last quarter)
Debt = 2.26b CAD (from shortLongTermDebtTotal, last quarter) + Leases 1.08b
Net Debt = 1.73b CAD (calculated: Debt 2.26b - CCE 528.1m)
Enterprise Value = 18.6b CAD (16.9b + Debt 2.26b - CCE 528.1m)
Interest Coverage Ratio = 12.25 (Ebit TTM 792.0m / Interest Expense TTM 64.6m)
EV/FCF = 27.96x (Enterprise Value 18.6b / FCF TTM 665.6m)
FCF Yield = 3.58% (FCF TTM 665.6m / Enterprise Value 18.6b)
FCF Margin = 15.31% (FCF TTM 665.6m / Revenue TTM 4.35b)
Net Margin = 13.62% (Net Income TTM 592.1m / Revenue TTM 4.35b)
Gross Margin = 46.45% ((Revenue TTM 4.35b - Cost of Revenue TTM 2.33b) / Revenue TTM)
Gross Margin QoQ = 48.10% (prev 50.27%)
Tobins Q-Ratio = 5.16 (Enterprise Value 18.6b / Total Assets 3.61b)
Interest Expense / Debt = 2.86% (Interest Expense 64.6m / Debt 2.26b)
Taxrate = 26.84% (217.2m / 809.3m)
NOPAT = 579.4m (EBIT 792.0m * (1 - 26.84%))
Current Ratio = 1.31 (Total Current Assets 1.40b / Total Current Liabilities 1.06b)
Debt / Equity = 1.52 (Debt 2.26b / totalStockholderEquity, last quarter 1.49b)
Debt / EBITDA = 1.68 (Net Debt 1.73b / EBITDA 1.03b)
Debt / FCF = 2.60 (Net Debt 1.73b / FCF TTM 665.6m)
Total Stockholder Equity = 1.40b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.46% (Net Income 592.1m / Total Assets 3.61b)
RoE = 42.25% (Net Income TTM 592.1m / Total Stockholder Equity 1.40b)
RoCE = 32.35% (EBIT 792.0m / Capital Employed (Equity 1.40b + L.T.Debt 1.05b))
RoIC = 23.56% (NOPAT 579.4m / Invested Capital 2.46b)
WACC = 10.35% (E(16.9b)/V(19.1b) * Re(11.46%) + D(2.26b)/V(19.1b) * Rd(2.86%) * (1-Tc(0.27)))
Discount Rate = 11.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.24 | Cagr: 1.58%
[DCF] Terminal Value 71.77% ; FCFF base≈538.0m ; Y1≈616.7m ; Y5≈907.7m
[DCF] Fair Price = 88.04 (EV 10.1b - Net Debt 1.73b = Equity 8.35b / Shares 94.9m; r=10.35% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.17 | EPS CAGR: 82.66% | SUE: 4.0 | # QB: 5
Revenue Correlation: 97.89 | Revenue CAGR: 27.46% | SUE: 1.84 | # QB: 9
EPS current Quarter (2026-11-30): EPS=1.44 | Chg30d=+3.92% | Revisions=+77% | Analysts=15
EPS current Year (2027-02-28): EPS=5.26 | Chg30d=+6.79% | Revisions=+82% | GrowthEPS=+62.0% | GrowthRev=+31.5%
EPS next Year (2028-02-29): EPS=6.39 | Chg30d=+5.97% | Revisions=+81% | GrowthEPS=+21.5% | GrowthRev=+15.1%
[Analyst] Revisions Ratio: +92% (up=37, down=0)