NWC Stock Analysis: North West | TO
Grocery Stores | TO, Canada | Market Cap: 2.804m CAD | 12M Return: 25.1% | CA6632782083 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.64M
EPS Trend: 86.1%
Qual. Beats: 0
Rev. Trend: 92.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
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.
The North West Company is a Canadian food retailer and distributor serving remote and rural communities across northern Canada, Alaska, the South Pacific, and the Caribbean. Its varied store formats sell groceries, general merchandise, fuel, health products, and financial services, while its wholesale and direct-delivery operations help supply communities that can be difficult to reach through conventional retail networks.
- Remote-market food demand supports Northern Canada and Alaska sales
- Freight, fuel and labor costs pressure margins in isolated communities
- Food inflation and household affordability shape grocery volumes and product mix
| Net Income: 141.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.39 > 1.0 |
| NWC/Revenue: 10.49% < 20% (prev 11.51%; Δ -1.02% < -1%) |
| CFO/TA 0.17 > 3% & CFO 273.7m > Net Income 141.7m |
| Net Debt (501.9m) to EBITDA (342.0m): 1.47 < 3 |
| Current Ratio: 1.84 > 1.5 & < 3 |
| Outstanding Shares: last quarter (48.6m) vs 12m ago -0.45% < -2% |
| Gross Margin: 30.57% > 18% (prev 33.95%; Δ -3.38% > 0.5%) |
| Asset Turnover: 163.6% > 50% (prev 167.4%; Δ -3.81% > 0%) |
| Interest Coverage Ratio: 11.66 > 6 (EBIT TTM 218.3m / Interest Expense TTM 18.7m) |
| A: 0.17 (Total Current Assets 602.6m - Total Current Liabilities 327.4m) / Total Assets 1.65b |
| B: 0.37 (Retained Earnings 605.8m / Total Assets 1.65b) |
| C: 0.14 (EBIT TTM 218.3m / Avg Total Assets 1.60b) |
| D: 1.05 (Book Value of Equity 833.4m / Total Liabilities 796.1m) |
| Altman-Z'' = 4.30 = AA |
| DSRI: 1.13 (Receivables 126.9m/111.7m, Revenue 2.62b/2.60b) |
| GMI: 1.11 (GM 33.95% / 30.57%) |
| AQI: 1.05 (AQ_t 0.10 / AQ_t-1 0.09) |
| SGI: 1.01 (Revenue 2.62b / 2.60b) |
| TATA: -0.08 (NI 141.7m - CFO 273.7m) / TA 1.65b) |
| Beneish M = -2.79 (Cap -4..+1) = A |
As of November 13, 2026, the stock is trading at CAD 58.22 with a total of 62,556 shares traded. Over the past week, the price has changed by +1.43%, over one month by +6.07%, over three months by +19.26% and over the past year by +25.07%.
Current recommended Stop Loss: 55.80 (which is 4.2% or 2.3 ATR below the current price).
North West has no consensus analysts rating.
P/E Trailing = 20.3643
P/E Forward = 12.9534
P/S = 1.0687
P/B = 3.3471
P/EG = 0.9599
Revenue TTM = 2.62b CAD
EBIT TTM = 218.3m CAD
EBITDA TTM = 342.0m CAD
Long Term Debt = 296.7m CAD (from longTermDebt, last quarter)
Short Term Debt = 71.3m CAD (from shortTermDebt, last quarter)
Debt = 604.3m CAD (from shortLongTermDebtTotal, last quarter) + Leases 129.3m
Net Debt = 501.9m CAD (calculated: Debt 604.3m - CCE 102.4m)
Enterprise Value = 3.31b CAD (2.80b + Debt 604.3m - CCE 102.4m)
Interest Coverage Ratio = 11.66 (Ebit TTM 218.3m / Interest Expense TTM 18.7m)
EV/FCF = 25.29x (Enterprise Value 3.31b / FCF TTM 130.7m)
FCF Yield = 3.95% (FCF TTM 130.7m / Enterprise Value 3.31b)
FCF Margin = 4.98% (FCF TTM 130.7m / Revenue TTM 2.62b)
Net Margin = 5.40% (Net Income TTM 141.7m / Revenue TTM 2.62b)
Gross Margin = 30.57% ((Revenue TTM 2.62b - Cost of Revenue TTM 1.82b) / Revenue TTM)
Gross Margin QoQ = 29.38% (prev 34.08%)
Tobins Q-Ratio = 2.00 (Enterprise Value 3.31b / Total Assets 1.65b)
Interest Expense / Debt = 3.10% (Interest Expense 18.7m / Debt 604.3m)
Taxrate = 25.85% (51.6m / 199.7m)
NOPAT = 161.9m (EBIT 218.3m * (1 - 25.85%))
Current Ratio = 1.84 (Total Current Assets 602.6m / Total Current Liabilities 327.4m)
Debt / Equity = 0.73 (Debt 604.3m / totalStockholderEquity, last quarter 833.4m)
Debt / EBITDA = 1.47 (Net Debt 501.9m / EBITDA 342.0m)
Debt / FCF = 3.84 (Net Debt 501.9m / FCF TTM 130.7m)
Total Stockholder Equity = 809.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.83% (Net Income 141.7m / Total Assets 1.65b)
RoE = 17.50% (Net Income TTM 141.7m / Total Stockholder Equity 809.6m)
RoCE = 19.73% (EBIT 218.3m / Capital Employed (Equity 809.6m + L.T.Debt 296.7m))
RoIC = 12.50% (NOPAT 161.9m / Invested Capital 1.30b)
WACC = 3.99% (E(2.80b)/V(3.41b) * Re(4.35%) + D(604.3m)/V(3.41b) * Rd(3.10%) * (1-Tc(0.26)))
Discount Rate = 4.35% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 8.42 | Cagr: 0.12%
[DCF] Terminal Value 76.87% ; FCFF base≈125.2m ; Y1≈138.0m ; Y5≈176.4m
[DCF] Fair Price = 46.29 (EV 2.69b - Net Debt 501.9m = Equity 2.19b / Shares 47.3m; r=8.35% [WACC [floored]]; 5y FCF grow 11.91% → 2.50% )
EPS Correlation: 86.13 | EPS CAGR: 3.88% | SUE: 0.31 | # QB: 0
Revenue Correlation: 92.72 | Revenue CAGR: 2.27% | SUE: 0.09 | # QB: 0
EPS current Quarter (2026-10-31): EPS=0.88 | Chg30d=+0.00% | Revisions=-57% | Analysts=4
EPS current Year (2027-01-31): EPS=3.18 | Chg30d=+0.00% | Revisions=-57% | GrowthEPS=-3.4% | GrowthRev=+3.1%
EPS next Year (2028-01-31): EPS=3.76 | Chg30d=+0.00% | Revisions=-29% | GrowthEPS=+18.5% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: -67% (up=1, down=11)