| This report should not be construed as providing investment
advice. It is for educational purposes only.
Before making any investment decision, you should always do your own
research or consult a investment professional. |
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| While I try to
be accurate, I assume no responsibility for any figure in this spreadsheet. |
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| See my
website on stocks or see my blog at the following sites. |
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www.spbrunner.com/stocks.html |
www.spbrunner.blogspot.com/ |
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| Canada Bread Co. |
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www.canadabread.ca |
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TSX: |
CBY |
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Fiscal Yr: |
Dec 31 |
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| Year |
12/31/99 |
12/31/00 |
12/31/01 |
12/31/02 |
12/31/03 |
12/31/04 |
12/31/05 |
12/31/06 |
12/31/07 |
12/31/08 |
12/31/09 |
12/31/10 |
12/31/11 |
12/30/12 |
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12/31/10 |
12/31/11 |
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#Y |
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| Accting Rules |
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C GAAP |
IFRS |
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| Revenue* |
$567 |
$554 |
$678 |
$1,029 |
$1,263 |
$1,319 |
$1,227 |
$1,335 |
$1,513 |
$1,708 |
$1,706 |
$1,588 |
$1,604 |
$1,638 |
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186.90% |
<-Total Growth |
10 |
Revenue |
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| Increase |
11.57% |
-2.40% |
22.52% |
51.63% |
22.77% |
4.44% |
-6.97% |
8.80% |
13.35% |
12.90% |
-0.15% |
-6.88% |
0.98% |
2.12% |
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11.11% |
<-IRR #YR-> |
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10 |
Revenue |
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| Rev per Share |
$26.49 |
$25.85 |
$31.67 |
$48.03 |
$49.68 |
$51.89 |
$48.28 |
$52.52 |
$59.53 |
$67.21 |
$67.11 |
$62.50 |
$63.11 |
$64.45 |
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5.30% |
<-IRR #YR-> |
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5 |
Revenue |
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| P/S (Price/Sales) |
0.59 |
0.38 |
0.68 |
0.47 |
0.52 |
0.90 |
1.22 |
1.03 |
1.16 |
0.70 |
0.78 |
0.73 |
0.69 |
0.67 |
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9.23% |
<-IRR #YR-> |
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10 |
Per Share |
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| *Sales in M CDN $ |
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P/S |
10 yr |
0.76 |
5 yr |
0.78 |
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5.30% |
<-IRR #YR-> |
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5 |
Per Share |
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-$554 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$1,588 |
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-$1,227 |
$0 |
$0 |
$0 |
$0 |
$1,588 |
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-$25.85 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$62.50 |
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-$48.28 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$62.50 |
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Yr 2011 |
Yr 2012 |
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| EPS* |
$0.29 |
$0.80 |
$0.97 |
$1.80 |
$1.39 |
$2.57 |
$2.93 |
$2.11 |
$3.30 |
$2.55 |
$3.05 |
$2.40 |
$3.16 |
$3.45 |
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200.00% |
<-Total Growth |
10 |
Earnings |
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| Increase |
107.14% |
175.86% |
21.25% |
85.57% |
-22.78% |
84.89% |
14.01% |
-27.99% |
56.40% |
-22.73% |
19.61% |
-21.31% |
31.67% |
9.18% |
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11.61% |
<-IRR #YR-> |
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10 |
Earnings |
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| Earnings Yield |
1.9% |
8.2% |
4.5% |
8.1% |
5.4% |
5.5% |
5.0% |
3.9% |
4.8% |
5.4% |
5.8% |
5.2% |
7.3% |
8.0% |
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-3.91% |
<-IRR #YR-> |
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5 |
Earnings |
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| * ESP per
share (Cdn GAAP) |
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E/P |
10 Yrs |
5.32% |
5Yrs |
5.24% |
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-$0.80 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.40 |
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-$2.93 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.40 |
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| Div* |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.52 |
$0.80 |
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0.00% |
116.67% |
<-Total Growth |
10 |
Dividends |
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| Increase |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
116.67% |
53.85% |
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0.00% |
0.00% |
<-Median-> |
10 |
Dividends |
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| Yield H/L Pr. |
1.53% |
2.00% |
1.58% |
1.08% |
0.98% |
0.67% |
0.48% |
0.42% |
0.40% |
0.45% |
0.56% |
0.49% |
1.16% |
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0.52% |
0.52% |
<-Median-> |
10 |
Dividends |
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| Yield on High Pr. |
1.34% |
1.55% |
1.18% |
0.92% |
0.89% |
0.52% |
0.40% |
0.36% |
0.35% |
0.33% |
0.45% |
0.43% |
1.08% |
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0.44% |
0.44% |
<-Median-> |
10 |
Dividends |
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| Yield on Low Pr. |
1.76% |
2.81% |
2.39% |
1.30% |
1.09% |
0.96% |
0.60% |
0.48% |
0.46% |
0.71% |
0.74% |
0.57% |
1.25% |
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0.72% |
0.72% |
<-Median-> |
10 |
Dividends |
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| Yield on Cl Pr. |
1.55% |
2.47% |
1.12% |
1.07% |
0.93% |
0.52% |
0.41% |
0.44% |
0.35% |
0.51% |
0.46% |
0.52% |
1.20% |
1.86% |
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0.51% |
0.51% |
<-Median-> |
10 |
Dividends |
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| Payout Ratio |
82.8% |
30.0% |
24.7% |
13.3% |
17.3% |
9.3% |
8.2% |
11.4% |
7.3% |
9.4% |
7.9% |
10.0% |
16.5% |
23.2% |
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9.71% |
9.71% |
<-Median-> |
10 |
DPR EPS |
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| Payout Ratio CF |
13.1% |
20.0% |
5.4% |
5.6% |
9.2% |
4.3% |
5.3% |
5.7% |
5.0% |
4.4% |
5.6% |
6.7% |
#DIV/0! |
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5.50% |
#DIV/0! |
<-Median-> |
9 |
DPR CF |
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| Payout Ratio CF NC |
15.1% |
14.0% |
10.0% |
7.7% |
8.2% |
6.1% |
5.3% |
5.3% |
4.4% |
4.7% |
4.6% |
4.9% |
#DIV/0! |
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5.30% |
#DIV/0! |
<-Median-> |
9 |
DPR CF NC |
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| Average 5 Yrs |
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Div Yd |
2.16% |
5 |
2.50% |
10 |
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Yield |
0.49% |
0.51% |
Payout |
9.41% |
#DIV/0! |
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0.00% |
8.04% |
<-IRR #YR-> |
10 |
Dividends |
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| * Dividends
per share |
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3.0% |
Years |
3.0% |
Years |
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Curr diff |
280.73% |
Last Div Inc ---> |
$0.06 |
$0.20 |
233.3% |
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0.00% |
16.72% |
<-IRR #YR-> |
5 |
Dividends |
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-$0.24 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.52 |
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-$0.24 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.52 |
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| H/LYield held 5 yrs |
1.44% |
1.51% |
1.59% |
1.06% |
1.02% |
1.53% |
2.00% |
1.58% |
1.08% |
0.98% |
0.67% |
0.48% |
0.90% |
1.32% |
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1.07% |
<-Median-> |
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10 |
Dividends |
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| H/LYield held 10 yrs |
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1.44% |
1.51% |
1.59% |
1.06% |
1.02% |
1.53% |
2.00% |
3.43% |
3.60% |
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1.51% |
<-Median-> |
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7 |
Dividends |
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| H/LYield held 15 yrs |
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1.51% |
1.44% |
1.51% |
3.44% |
3.52% |
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1.51% |
<-Median-> |
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3 |
Dividends |
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| Graham No. |
$8.39 |
$14.07 |
$16.00 |
$24.00 |
$23.20 |
$33.61 |
$37.24 |
$33.15 |
$43.07 |
$39.99 |
$44.91 |
$40.86 |
$43.19 |
$45.13 |
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190.47% |
<-Total Growth |
10 |
Graham Price |
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| Prem /Disc.Med H/L |
87.38% |
-14.52% |
-5.19% |
-7.41% |
5.69% |
6.67% |
34.62% |
74.34% |
40.48% |
33.79% |
-4.54% |
20.23% |
3.58% |
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13.45% |
<-Median-> |
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10 |
Graham Price |
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| Prem /Disc. High |
112.70% |
10.19% |
26.80% |
8.31% |
16.12% |
38.66% |
61.65% |
99.38% |
60.22% |
82.56% |
18.56% |
37.66% |
11.08% |
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38.16% |
<-Median-> |
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10 |
Graham Price |
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| Prem /Disc. Low |
62.06% |
-39.22% |
-37.18% |
-23.14% |
-4.74% |
-25.31% |
7.59% |
49.31% |
20.73% |
-14.97% |
-27.64% |
2.79% |
-3.92% |
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-9.86% |
<-Median-> |
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10 |
Graham Price |
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| Prem /Disc. CL |
84.70% |
-31.04% |
33.77% |
-6.89% |
10.99% |
38.66% |
58.42% |
63.18% |
60.20% |
18.16% |
16.34% |
11.99% |
0.57% |
-4.70% |
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25.96% |
<-Median-> |
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10 |
Graham Price |
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| Graham Price
calculated my normal way with EPS |
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| Graham No. |
$8.45 |
$14.11 |
$16.03 |
$24.05 |
$23.30 |
$33.95 |
$37.35 |
$33.13 |
$43.04 |
$40.03 |
$44.90 |
$40.85 |
$36.37 |
$0.00 |
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189.51% |
<-Total Growth |
10 |
Graham Price |
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| Prem /Disc.Med H/L |
86.02% |
-14.78% |
-5.37% |
-7.59% |
5.24% |
5.60% |
34.21% |
74.47% |
40.58% |
33.67% |
-4.51% |
20.25% |
23.02% |
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12.93% |
<-Median-> |
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10 |
Graham Price |
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| Prem /Disc. High |
111.16% |
9.85% |
26.56% |
8.11% |
15.62% |
37.27% |
61.16% |
99.53% |
60.34% |
82.38% |
18.60% |
37.69% |
31.93% |
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37.48% |
<-Median-> |
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10 |
Graham Price |
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| Prem /Disc. Low |
60.88% |
-39.41% |
-37.30% |
-23.29% |
-5.15% |
-26.06% |
7.27% |
49.42% |
20.82% |
-15.05% |
-27.62% |
2.81% |
14.11% |
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-10.10% |
<-Median-> |
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10 |
Graham Price |
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| Prem /Disc. CL |
83.36% |
-31.26% |
33.51% |
-7.07% |
10.52% |
37.27% |
57.95% |
63.30% |
60.32% |
18.05% |
16.37% |
12.01% |
19.44% |
#DIV/0! |
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25.78% |
<-Median-> |
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10 |
Graham Price |
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| Graham Price
calculated my normal way with net income divided by number of shares
outstanding. |
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| Price Cl |
$15.50 |
$9.70 |
$21.40 |
$22.35 |
$25.75 |
$46.60 |
$59.00 |
$54.10 |
$69.00 |
$47.25 |
$52.25 |
$45.76 |
$43.44 |
$43.01 |
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371.75% |
102.99% |
<-Total Growth |
10 |
Stock Price |
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| Increase |
-25.30% |
-37.42% |
120.62% |
4.44% |
15.21% |
80.97% |
26.61% |
-8.31% |
27.54% |
-31.52% |
10.58% |
-12.42% |
-5.07% |
-0.99% |
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16.78% |
7.34% |
<-IRR #YR-> |
10 |
Stock Price |
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| P/E |
53.45 |
12.13 |
22.06 |
12.42 |
18.53 |
18.13 |
20.14 |
25.64 |
20.91 |
18.53 |
17.13 |
19.07 |
13.75 |
12.47 |
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-4.96% |
-4.29% |
<-IRR #YR-> |
5 |
Stock Price |
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| Trailing P/E |
110.71 |
33.45 |
26.75 |
23.04 |
14.31 |
33.53 |
22.96 |
18.46 |
32.70 |
14.32 |
20.49 |
15.00 |
18.10 |
13.61 |
|
18.16% |
8.24% |
<-IRR #YR-> |
10 |
Price & Div |
|
|
|
|
|
|
|
|
| Median 10, 5 Yrs |
|
D. per yr |
0.90% |
0.61% |
% Tot Ret |
10.96% |
-16.46% |
|
Price Inc |
-5.07% |
P/E: |
18.53 |
18.53 |
|
|
-4.50% |
-3.69% |
<-IRR #YR-> |
5 |
Price & Div |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$21.40 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$43.44 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$54.10 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$43.44 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$21.40 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$43.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$54.10 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$43.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Average H/L |
$15.73 |
$12.03 |
$15.17 |
$22.23 |
$24.52 |
$35.85 |
$50.14 |
$57.80 |
$60.51 |
$53.50 |
$42.88 |
$49.13 |
$44.74 |
|
|
308.52% |
194.97% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
|
| Increase |
-33.44% |
-23.53% |
26.13% |
46.53% |
10.33% |
46.21% |
39.85% |
15.29% |
4.68% |
-11.58% |
-19.86% |
14.58% |
-8.93% |
|
|
15.11% |
11.42% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
|
| P/E |
54.22 |
15.03 |
15.64 |
12.35 |
17.64 |
13.95 |
17.11 |
27.39 |
18.33 |
20.98 |
14.06 |
20.47 |
14.16 |
|
|
-0.41% |
-4.99% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
|
| Trailing P/E |
112.32 |
41.47 |
18.96 |
22.91 |
13.62 |
25.79 |
19.51 |
19.73 |
28.68 |
16.21 |
16.81 |
16.11 |
18.64 |
|
|
16.27% |
12.52% |
<-IRR #YR-> |
10 |
Price & Div |
|
|
|
|
|
|
|
|
| Median 10, 5 Yrs |
|
D. per yr |
1.10% |
0.58% |
% Tot Ret |
8.75% |
-13.10% |
|
Price Inc |
-8.93% |
P/E: |
17.38 |
18.33 |
|
|
0.08% |
-4.42% |
<-IRR #YR-> |
5 |
Price & Div |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$15.17 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$44.74 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$57.80 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$44.74 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$15.17 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$45.26 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$57.80 |
$0.24 |
$0.24 |
$0.24 |
$0.24 |
$45.26 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hi Mths |
Nov |
Jan |
Dec |
May |
Jul |
Sep |
Mar |
Jul |
Dec |
Jul |
Dec |
Jan |
Jun |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Hi |
$17.85 |
$15.50 |
$20.29 |
$26.00 |
$26.94 |
$46.60 |
$60.20 |
$66.10 |
$69.01 |
$73.00 |
$53.25 |
$56.25 |
$47.98 |
|
|
262.90% |
136.53% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
|
| Increase |
-40.00% |
-13.17% |
30.87% |
28.17% |
3.62% |
72.98% |
29.18% |
9.80% |
4.40% |
5.78% |
-27.05% |
5.63% |
-14.70% |
|
|
13.76% |
8.99% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
|
| P/E |
61.55 |
19.38 |
20.91 |
14.44 |
19.38 |
18.13 |
20.55 |
31.33 |
20.91 |
28.63 |
17.46 |
23.44 |
15.18 |
|
|
-1.35% |
-6.21% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
|
| Trailing P/E |
127.50 |
53.45 |
25.36 |
26.80 |
14.97 |
33.53 |
23.42 |
22.56 |
32.71 |
22.12 |
20.88 |
18.44 |
19.99 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Median 10, 5 Yrs |
|
|
|
|
|
|
|
|
Price Inc |
4.40% |
P/E: |
19.96 |
20.91 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$20.29 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$47.98 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$66.10 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$47.98 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Low Mths |
Nov |
Mar |
Jan |
Feb |
Feb |
Jan |
Jan |
Feb |
Mar |
Oct |
Mar |
Nov |
Jul |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Low |
$13.60 |
$8.55 |
$10.05 |
$18.45 |
$22.10 |
$25.10 |
$40.07 |
$49.50 |
$52.00 |
$34.00 |
$32.50 |
$42.00 |
$41.50 |
|
|
391.23% |
312.94% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
|
| Increase |
-22.29% |
-37.13% |
17.54% |
83.58% |
19.78% |
13.57% |
59.64% |
23.53% |
5.05% |
-34.62% |
-4.41% |
29.23% |
-1.19% |
|
|
17.25% |
15.24% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
|
| P/E |
46.90 |
10.69 |
10.36 |
10.25 |
15.90 |
9.77 |
13.68 |
23.46 |
15.76 |
13.33 |
10.66 |
17.50 |
13.13 |
|
|
0.95% |
-3.46% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
|
| Trailing P/E |
97.14 |
29.48 |
12.56 |
19.02 |
12.28 |
18.06 |
15.59 |
16.89 |
24.64 |
10.30 |
12.75 |
13.77 |
17.29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Median 10, 5 Yrs |
|
|
|
|
|
|
|
|
Price Inc |
-1.19% |
P/E: |
13.50 |
13.33 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$10.05 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$41.50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$49.50 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$41.50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Market Cap |
$332 |
$208 |
$458 |
$479 |
$654 |
$1,184 |
$1,500 |
$1,375 |
$1,754 |
$1,201 |
$1,328 |
$1,163 |
$1,104 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
issued to maple leaf to pay down debt |
|
|
|
|
Q3 2011 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| # of Sh in M |
21.42 |
21.42 |
21.42 |
21.42 |
25.42 |
25.42 |
25.42 |
25.42 |
25.42 |
25.42 |
25.42 |
25.42 |
25.42 |
25.42 |
|
Shareholders' Equity |
|
|
Shares |
|
|
|
|
|
|
|
|
| Increase |
0.00% |
0.00% |
0.00% |
0.00% |
18.68% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
1.87% |
<-Average |
|
10 |
Shares |
|
|
|
|
|
|
|
|
| CF fr Op $M |
$39.3 |
$25.7 |
$94.6 |
$92.2 |
$66.4 |
$142.7 |
$115.1 |
$106.3 |
$122.1 |
$137.4 |
$109.0 |
$90.5 |
|
|
|
252.52% |
<-Total Growth |
10 |
Cash Flow |
|
|
|
|
|
|
|
|
| OPS |
$1.83 |
$1.20 |
$4.42 |
$4.30 |
$2.61 |
$5.62 |
$4.53 |
$4.18 |
$4.80 |
$5.41 |
$4.29 |
$3.56 |
|
|
|
197.04% |
<-Total Growth |
10 |
Cash Flow |
|
|
|
|
|
|
|
|
| Non-Cash CF |
-$5.1 |
$11.1 |
-$43.1 |
-$25.2 |
$8.4 |
-$42.5 |
$0.9 |
$7.8 |
$15.7 |
-$7.9 |
$24.3 |
$33.4 |
|
|
|
8.88% |
<-IRR #YR-> |
|
10 |
Cash Flow |
|
|
|
|
|
|
|
|
| OPS non-cash |
$1.59 |
$1.72 |
$2.40 |
$3.13 |
$2.94 |
$3.94 |
$4.56 |
$4.49 |
$5.42 |
$5.10 |
$5.25 |
$4.88 |
|
|
|
-5.24% |
<-IRR #YR-> |
|
5 |
Cash Flow |
|
|
|
|
|
|
|
|
| P/OCF on Close |
9.72 |
5.65 |
8.90 |
7.15 |
8.76 |
11.82 |
12.93 |
12.05 |
12.72 |
9.27 |
9.96 |
9.38 |
|
|
|
13.47% |
<-IRR #YR-> |
|
10 |
CF - non cash |
|
|
|
|
|
|
|
|
| *Operational
Cash Flow per share |
|
|
|
|
|
P/CF |
10 Yrs |
9.67 |
5 Yrs |
9.96 |
|
|
|
7.42% |
<-IRR #YR-> |
|
5 |
CF - non cash |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.83 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$5.62 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.59 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$5.64 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$3.94 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$5.64 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OPM |
6.92% |
4.64% |
13.95% |
8.96% |
5.26% |
10.82% |
9.38% |
7.97% |
8.07% |
8.04% |
6.39% |
5.70% |
|
|
|
should be zero, it is a check
on calculations |
|
|
|
|
|
|
|
|
|
|
|
|
| Diff from Ave |
-14.1% |
-42.5% |
73.1% |
11.2% |
-34.8% |
34.3% |
16.4% |
-1.1% |
0.2% |
-0.2% |
-20.7% |
-29.3% |
|
|
|
0.00 |
<-Median-> |
|
10 |
OPM |
|
|
|
|
|
|
|
|
| *Operational
Profit Margin (CF/Revenue) Ratio |
|
|
|
|
OPM |
10 Yrs |
8.06% |
5 Yrs |
7.97% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Q3 2011 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Curr Assets |
$49.55 |
$52.51 |
$58.64 |
$110.58 |
$97.35 |
$74.26 |
$76.88 |
$112.80 |
$209.67 |
$145.86 |
$184.06 |
$237.34 |
$241.52 |
|
|
Liq ratio of 1.5 and up, best |
|
|
Assets |
|
|
|
|
|
|
|
|
| Curr Liab. |
$69.93 |
$60.63 |
$113.14 |
$191.76 |
$184.44 |
$249.06 |
$165.50 |
$213.96 |
$317.20 |
$229.25 |
$194.92 |
$205.43 |
$217.82 |
|
|
0.55 |
<-Median-> |
|
10 |
Liabilities |
|
|
|
|
|
|
|
|
| Liquidity |
0.71 |
0.87 |
0.52 |
0.58 |
0.53 |
0.30 |
0.46 |
0.53 |
0.66 |
0.64 |
0.94 |
1.16 |
1.11 |
|
|
0.66 |
<-Median-> |
|
5 |
Ratio |
|
|
|
|
|
|
|
|
| Liq. CF less inv. |
0.96 |
1.16 |
0.32 |
-0.55 |
0.49 |
0.57 |
0.84 |
0.46 |
0.63 |
0.80 |
1.29 |
1.29 |
1.11 |
|
|
0.80 |
<-Median-> |
|
5 |
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets |
$339.37 |
$330.38 |
$443.10 |
$794.36 |
$779.95 |
$767.64 |
$761.36 |
$924.27 |
$998.18 |
$994.91 |
$986.41 |
$1,032.14 |
$970.65 |
|
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A/L ratio of 1.5 and up, best |
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Assets |
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|
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| Liab. |
$108.21 |
$94.94 |
$191.94 |
$489.65 |
$342.53 |
$271.18 |
$226.63 |
$335.82 |
$363.14 |
$286.57 |
$239.33 |
$246.29 |
$303.68 |
|
|
2.79 |
<-Median-> |
|
10 |
Liabilities |
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| Liquidity |
3.14 |
3.48 |
2.31 |
1.62 |
2.28 |
2.83 |
3.36 |
2.75 |
2.75 |
3.47 |
4.12 |
4.19 |
3.20 |
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3.47 |
<-Median-> |
|
5 |
Ratio |
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| Book Value |
$231.16 |
$235.44 |
$251.15 |
$304.71 |
$437.43 |
$496.46 |
$534.73 |
$588.44 |
$635.04 |
$708.34 |
$747.09 |
$785.85 |
$666.97 |
|
|
233.78% |
<-Total Growth |
10 |
Book Value |
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| BV per share |
$10.79 |
$10.99 |
$11.73 |
$14.23 |
$17.21 |
$19.53 |
$21.04 |
$23.15 |
$24.99 |
$27.87 |
$29.39 |
$30.92 |
$26.24 |
$26.24 |
|
181.25% |
<-Total Growth |
10 |
Book Value |
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| Change |
0.27% |
1.85% |
6.67% |
21.32% |
20.96% |
13.50% |
7.71% |
10.04% |
7.92% |
11.54% |
5.47% |
5.19% |
-15.13% |
|
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0.8222 |
Current/Historical |
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Book Value |
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| P/BV (CL) |
1.44 |
0.88 |
1.82 |
1.57 |
1.50 |
2.39 |
2.80 |
2.34 |
2.76 |
1.70 |
1.78 |
1.48 |
1.66 |
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10.89% |
<-IRR #YR-> |
|
10 |
Book Value |
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| Change |
-25.50% |
-38.56% |
106.82% |
-13.92% |
-4.75% |
59.45% |
17.55% |
-16.67% |
18.18% |
-38.61% |
4.85% |
-16.74% |
11.85% |
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8.00% |
<-IRR #YR-> |
|
5 |
Book Value |
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| Leverage (A/BK) |
1.47 |
1.40 |
1.76 |
2.61 |
1.78 |
1.55 |
1.42 |
1.57 |
1.57 |
1.40 |
1.32 |
1.31 |
1.46 |
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1.56 |
<-Median-> |
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10 |
A/BV |
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| Debt/Equity Ratio |
0.47 |
0.40 |
0.76 |
1.61 |
0.78 |
0.55 |
0.42 |
0.57 |
0.57 |
0.40 |
0.32 |
0.31 |
0.46 |
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0.56 |
<-Median-> |
|
10 |
Debt/Eq Ratio |
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| Sharerholders
Equity (Assets less liabilities) |
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P/BV |
10 Yrs |
2.01 |
5 Yrs |
2.01 |
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-$10.99 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$30.92 |
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-$21.04 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$30.92 |
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| ROE |
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10.7% |
8.3% |
11.2% |
6.0% |
5.7% |
6.6% |
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8.33% |
<-Median-> |
|
5 |
Compreh. Inc |
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| Comprehensive Inc |
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$63.18 |
$52.92 |
$79.40 |
$44.83 |
$44.86 |
$43.82 |
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Compreh. Inc |
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| ROE |
2.7% |
7.3% |
8.3% |
12.7% |
8.1% |
13.4% |
14.0% |
9.1% |
13.2% |
9.2% |
10.4% |
7.8% |
8.5% |
|
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Net Income/Shareholders'
equity |
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ROE |
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| 5Yr Median |
|
|
7.3% |
7.3% |
8.1% |
8.3% |
12.7% |
12.7% |
13.2% |
13.2% |
10.4% |
9.2% |
9.2% |
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ROE |
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| Net Income |
$6.30 |
$17.24 |
$20.85 |
$38.70 |
$35.63 |
$66.65 |
$74.92 |
$53.55 |
$83.75 |
$64.94 |
$77.48 |
$60.98 |
$56.94 |
|
|
253.68% |
<-Total Growth |
10 |
Net Income |
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| Oper C. F. |
$39.26 |
$25.67 |
$94.61 |
$92.19 |
$66.37 |
$142.73 |
$115.09 |
$106.34 |
$122.12 |
$137.44 |
$109.05 |
$90.49 |
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C F Statement |
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Oper C. F. |
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| Invest. C. F |
-$21.36 |
-$7.77 |
-$116.57 |
-$308.71 |
-$72.85 |
-$73.88 |
-$52.69 |
-$120.06 |
-$133.52 |
-$98.96 |
-$41.85 |
-$63.21 |
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C F Statement |
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Invest. C. F |
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| Total Accruals |
-$11.60 |
-$0.66 |
$42.81 |
$255.22 |
$42.11 |
-$2.21 |
$12.51 |
$67.27 |
$95.15 |
$26.47 |
$10.28 |
$33.70 |
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Accruals |
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| Total Assets |
$339.37 |
$330.38 |
$443.10 |
$794.36 |
$779.95 |
$767.64 |
$761.36 |
$924.27 |
$998.18 |
$994.91 |
$986.41 |
$1,032.14 |
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|
|
Balance Sheet |
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Assets |
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|
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| Accruals Ratio |
-3.42% |
-0.20% |
9.66% |
32.13% |
5.40% |
-0.29% |
1.64% |
7.28% |
9.53% |
2.66% |
1.04% |
3.27% |
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Ratio |
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| up/down/neutral |
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| Chge in Close |
-25.30% |
-37.42% |
120.62% |
4.44% |
15.21% |
80.97% |
26.61% |
-8.31% |
27.54% |
-31.52% |
10.58% |
-12.42% |
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| Any Predictions? |
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| Fin. C. F |
-$17.21 |
-$19.74 |
$24.57 |
$229.64 |
$5.62 |
-$71.07 |
-$60.34 |
$1.21 |
$14.66 |
-$28.65 |
-$16.57 |
-$4.10 |
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C F Statement |
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Fin. C. F |
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| Total Accruals |
$5.62 |
$19.08 |
$18.24 |
$25.58 |
$36.49 |
$68.86 |
$72.85 |
$66.06 |
$80.49 |
$55.11 |
$26.85 |
$37.80 |
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Accruals |
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| Accruals Ratio |
1.66% |
5.78% |
4.12% |
3.22% |
4.68% |
8.97% |
9.57% |
7.15% |
8.06% |
5.54% |
2.72% |
3.66% |
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Ratio |
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| Dec 10,
2011. Last Estimates I got were for
2010 and 2011 with EPS of $3.47 and $3.95. |
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| Sep 7,
2010. Last I looked, I got estimates
for 2010 and 2011 of $3.47 and $3.95 for earnings. |
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| Jun 8,
2010. When I last looked at this
stock, I got estimates for 2009 and 2010 of $3.69 and $4.38 for earnings. |
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| Apr 2009 AR
2008. This is an ok stock. I would not buy it now because the
dividends never go up. This is not a dividend paying stock. It does not raised its dividend. |
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| How they make
their money. |
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| Canada Bread
is a leading manufacturer and marketer of value-added flour based products,
including fresh bread, rolls, bagels and sweet goods, frozen partially baked
or par-baked breads and bagels, and specialty pasta and sauces. The Company
markets products under a |
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| number of
leading brand names, including Dempster’s, Olafson’s, POM, Ben’s and
Olivieri. |
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| Canada Bread
has operations in Canada, the United States and the United Kingdom. The
Company is 89.8% owned by Maple Leaf Foods Inc. |
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| Nov 2002.
Toronto-based Maple Leaf Foods will merge its U.S., Canadian and British
baking operations into a single business with Canada Bread Co. Ltd., of which
Maple Leaf owns 68%. The move will transform |
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| Canada Bread
from a Canadian company to one with an international presence in the baking
industry, Maple Leaf officials say.
Canada Bread voted for this in Dec 2002 and it took place in 2003. |
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| For most
ratios, lower is better when looking for a good stock price. However, there are exceptions such as for
yield and asset/liability ratios and here you want a higher ratios to
indicate a good stock price. |
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| Also, for
the Operational Profit Margin, a higher percentage is better. With the OPM, you should only compare
companies in similar industries. |
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| Copyright ©
2008 Website of SPBrunner. All rights reserved. |
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| Canada Bread |
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| By The
Investment Reporter |
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| Buy for
long-term gains and dividends. |
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| Nov 8, 2011
13:15 EST |
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| Maple Leaf
Foods Inc. |
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22.875 |
90.00% |
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