EMP-A Stock Analysis: Empire | TO
Grocery Stores | TO, Canada | Market Cap: 11.120m CAD | 12M Return: 2.5% | CA2918434077 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 24.5M
EPS Trend: 88.4%
Qual. Beats: 0
Rev. Trend: 97.0%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.8 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
Empire Company Limited is a Canadian food retailer with related real estate and other operations. Its stores operate under brands including Sobeys, Safeway, IGA, FreshCo, Farm Boy, and Longo’s, alongside grocery e-commerce services and retail fuel locations.
Food retailing is its core business. The company uses a mix of owned, affiliated, and franchised stores to serve demand for everyday grocery products.
- FreshCo expansion drives discount-led sales and market share growth
- Canadian grocery price competition pressures margins
- Voilà investment and fulfillment costs weigh on profitability
| Net Income: 219.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.35 > 1.0 |
| NWC/Revenue: -2.33% < 20% (prev -2.04%; Δ -0.29% < -1%) |
| CFO/TA 0.12 > 3% & CFO 2.09b > Net Income 219.0m |
| Net Debt (14.1b) to EBITDA (1.81b): 7.76 < 3 |
| Current Ratio: 0.82 > 1.5 & < 3 |
| Outstanding Shares: last quarter (224.9m) vs 12m ago -3.64% < -2% |
| Gross Margin: 26.10% > 18% (prev 27.24%; Δ -1.13% > 0.5%) |
| Asset Turnover: 188.1% > 50% (prev 183.6%; Δ 4.56% > 0%) |
| Interest Coverage Ratio: 1.99 > 6 (EBIT TTM 632.0m / Interest Expense TTM 318.0m) |
| A: -0.04 (Total Current Assets 3.34b - Total Current Liabilities 4.09b) / Total Assets 17.0b |
| B: 0.20 (Retained Earnings 3.46b / Total Assets 17.0b) |
| C: 0.04 (EBIT TTM 632.0m / Avg Total Assets 17.1b) |
| D: 0.43 (Book Value of Equity 5.12b / Total Liabilities 11.8b) |
| Altman-Z'' = 1.08 = BB |
| DSRI: 1.04 (Receivables 892.0m/843.0m, Revenue 32.2b/31.5b) |
| GMI: 1.04 (GM 27.24% / 26.10%) |
| AQI: 1.00 (AQ_t 0.30 / AQ_t-1 0.30) |
| SGI: 1.02 (Revenue 32.2b / 31.5b) |
| TATA: -0.11 (NI 219.0m - CFO 2.09b) / TA 17.0b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of November 13, 2026, the stock is trading at CAD 51.16 with a total of 389,257 shares traded. Over the past week, the price has changed by +1.97%, over one month by +5.27%, over three months by +4.25% and over the past year by +2.53%.
Current recommended Stop Loss: 48.70 (which is 4.8% or 2.5 ATR below the current price).
Empire has no consensus analysts rating.
P/E Trailing = 51.2474
P/E Forward = 13.6799
P/S = 0.345
P/B = 2.16
P/EG = 2.0661
Revenue TTM = 32.2b CAD
EBIT TTM = 632.0m CAD
EBITDA TTM = 1.81b CAD
Long Term Debt = 958.0m CAD (from longTermDebt, last quarter)
Short Term Debt = 840.0m CAD (from shortTermDebt, last quarter)
Debt = 14.4b CAD (from shortLongTermDebtTotal, last quarter) + Leases 6.61b
Net Debt = 14.1b CAD (calculated: Debt 14.4b - CCE 320.0m)
Enterprise Value = 25.2b CAD (11.1b + Debt 14.4b - CCE 320.0m)
Interest Coverage Ratio = 1.99 (Ebit TTM 632.0m / Interest Expense TTM 318.0m)
EV/FCF = 20.05x (Enterprise Value 25.2b / FCF TTM 1.26b)
FCF Yield = 4.99% (FCF TTM 1.26b / Enterprise Value 25.2b)
FCF Margin = 3.90% (FCF TTM 1.26b / Revenue TTM 32.2b)
Net Margin = 0.68% (Net Income TTM 219.0m / Revenue TTM 32.2b)
Gross Margin = 26.10% ((Revenue TTM 32.2b - Cost of Revenue TTM 23.8b) / Revenue TTM)
Gross Margin QoQ = 23.22% (prev 27.57%)
Tobins Q-Ratio = 1.48 (Enterprise Value 25.2b / Total Assets 17.0b)
Interest Expense / Debt = 2.21% (Interest Expense 318.0m / Debt 14.4b)
Taxrate = 20.66% (69.0m / 334.0m)
NOPAT = 501.4m (EBIT 632.0m * (1 - 20.66%))
Current Ratio = 0.82 (Total Current Assets 3.34b / Total Current Liabilities 4.09b)
Debt / Equity = 2.81 (Debt 14.4b / totalStockholderEquity, last quarter 5.12b)
Debt / EBITDA = 7.76 (Net Debt 14.1b / EBITDA 1.81b)
Debt / FCF = 11.20 (Net Debt 14.1b / FCF TTM 1.26b)
Total Stockholder Equity = 5.13b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.28% (Net Income 219.0m / Total Assets 17.0b)
RoE = 4.27% (Net Income TTM 219.0m / Total Stockholder Equity 5.13b)
RoCE = 10.38% (EBIT 632.0m / Capital Employed (Equity 5.13b + L.T.Debt 958.0m))
RoIC = 3.72% (NOPAT 501.4m / Invested Capital 13.5b)
WACC = 2.65% (E(11.1b)/V(25.5b) * Re(3.82%) + D(14.4b)/V(25.5b) * Rd(2.21%) * (1-Tc(0.21)))
Discount Rate = 3.82% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.97 | Cagr: -4.19%
[DCF] Terminal Value 74.72% ; FCFF base≈1.28b ; Y1≈1.23b ; Y5≈1.20b
[DCF] Fair Price = 37.78 (EV 18.8b - Net Debt 14.1b = Equity 4.74b / Shares 125.6m; r=8.35% [WACC [floored]]; 5y FCF grow -5.09% → 2.50% )
EPS Correlation: 88.44 | EPS CAGR: 6.18% | SUE: 0.0 | # QB: 0
Revenue Correlation: 96.96 | Revenue CAGR: 1.72% | SUE: -1.03 | # QB: -1
EPS current Quarter (2026-10-31): EPS=0.77 | Chg30d=+0.22% | Revisions=+0% | Analysts=7
EPS next Quarter (2027-01-31): EPS=0.83 | Chg30d=+1.02% | Revisions=+0% | Analysts=7
EPS current Year (2027-04-30): EPS=3.59 | Chg30d=+0.33% | Revisions=+0% | GrowthEPS=+10.7% | GrowthRev=+3.0%
EPS next Year (2028-04-30): EPS=3.87 | Chg30d=+0.18% | Revisions=+0% | GrowthEPS=+7.9% | GrowthRev=+3.0%
[Analyst] Revisions Ratio: +0% (up=0, down=0)