CompanyGraph
What stands out
- Pays more per share than it earned over the last twelve months
At a glance
- Depends onMidstream position: 5 outgoing, 5 incoming connections
- ScaleLevered free cash flow is $84.12M, above the global median of $16.24M
- PositionDebt-to-equity is 3.46×, higher than 95% of its Asset Management peers (median 0.55×)
- Interpretations3 currently firing — 3
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Sign inWhat the company actually pays, and whether its own cash supports it.
What stands out
- Pays more per share than it earned over the last twelve months
Dividends view
Yield
10.21%Below 5Y avg (10.59%)
Annual Rate
CAD 0.43Paid quarterly
Payout Ratio
240.0%High
Paying Dividends
23 yr
Payback Period
10.6 yr
Last Ex-Dividend
Aug 20, 2026
Next Payment
Sep 17, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
440.67MCAD320.26M · vs all stocks (USD)
Trailing P/E
23.22xvs Asset Management peers
Revenue (TTM)
655.60MCAD476.45M · vs all stocks (USD)
Profit Margin
3.03%vs Asset Management peers
Beta
0.8640xvs all stocks
52-Week Change
-36.58%vs all stocks
Forward Annual Dividend Yield
10.21%vs all stocks
Market Capitalization
440.67MCAD320.26M · vs all stocks (USD)
Enterprise Value
1.22BCAD886.13M · vs all stocks (USD)
Trailing P/E
23.22xvs Asset Management peers
Forward P/E
4.25xvs Asset Management peers
Price to Sales (TTM)
0.6754xvs Asset Management peers
Price to Book (MRQ)
1.88xvs Asset Management peers
Enterprise to Revenue
1.86xvs Asset Management peers
Enterprise to EBITDA
7.58xvs Asset Management peers
Profit Margin
3.03%vs Asset Management peers
Operating Margin
16.95%vs Asset Management peers
Return on Assets (TTM)
6.40%vs Asset Management peers
Return on Equity (TTM)
12.61%vs Asset Management peers
Revenue (TTM)
655.60MCAD476.45M · vs all stocks (USD)
Revenue per Share (TTM)
6.16CADUpdated Aug 21, 2026Quarterly Revenue Growth
-4.80%vs Asset Management peers
Gross Profit (TTM)
655.60MCAD476.45M · vs all stocks (USD)
EBITDA (TTM)
169.15MCAD122.93M · vs all stocks (USD)
Net Income (TTM)
19.86MCAD14.43M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-6.30%vs Asset Management peers
Operating Cash Flow (TTM)
137.66MCAD100.04M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
115.75MCAD84.12M · vs all stocks (USD)
Forward Annual Dividend Rate
0.4320CADUpdated Aug 21, 2026Forward Annual Dividend Yield
10.21%vs all stocks
Trailing Annual Dividend Rate
0.4320CADUpdated Aug 21, 2026Trailing Annual Dividend Yield
10.21%vs all stocks
5-Year Average Dividend Yield
10.59%vs all stocks
Payout Ratio
240.00%vs Asset Management peers
Minority Interest (Equity)
5.06MCADFY2025 · Dec 31, 2025Revenue
666.38MCADFY2025 · Dec 31, 2025Cost of Goods Sold
242.44MCADFY2025 · Dec 31, 2025Gross Profit
423.94MCADFY2025 · Dec 31, 2025Operating Income
121.34MCAD88.19M · vs all stocks (USD)
Pre-tax Income
68.72MCADFY2025 · Dec 31, 2025Income Tax Expense
17.16MCADFY2025 · Dec 31, 2025Net Income
51.56MCADFY2025 · Dec 31, 2025EBIT
119.73MCADFY2025 · Dec 31, 2025EBITDA (Income Statement)
175.22MCADFY2025 · Dec 31, 2025Selling, General & Administrative
255.00MCADFY2025 · Dec 31, 2025Non-operating Interest Expense
51.01MCADFY2025 · Dec 31, 2025Net Income from Continuing Operations
51.56MCADFY2025 · Dec 31, 2025Minority Interests (P&L)
-12.51MCADFY2025 · Dec 31, 2025Operating Cash Flow
151.95MCADFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
41.68MCADFY2025 · Dec 31, 2025Starting Profit (CF Statement)
51.56MCADFY2025 · Dec 31, 2025Depreciation & Amortization
47.59MCADFY2025 · Dec 31, 2025Deferred Taxes (CF)
17.16MCADFY2025 · Dec 31, 2025Stock-based Compensation
18.54MCADFY2025 · Dec 31, 2025Other Non-cash Items
52.24MCADFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-2.11MCADFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
-37.74MCADFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
4.71MCADFY2025 · Dec 31, 2025Net Intangibles (CF)
-5.68MCADFY2025 · Dec 31, 2025Net Acquisitions
-12.73MCADFY2025 · Dec 31, 2025Purchase of Investments
-2.26MCADFY2025 · Dec 31, 2025Other Investing Activity
5.85MCADFY2025 · Dec 31, 2025Net Investing Cash Flow
-9.13MCADFY2025 · Dec 31, 2025Long-term Debt Issuance
90.28MCADFY2025 · Dec 31, 2025Long-term Debt Payments
-81.52MCADFY2025 · Dec 31, 2025Common Stock Repurchase
-13.55MCADFY2025 · Dec 31, 2025Common Dividends Paid
-57.39MCADFY2025 · Dec 31, 2025Other Financing Charges
-16.59MCADFY2025 · Dec 31, 2025Net Financing Cash Flow
-78.76MCADFY2025 · Dec 31, 2025Shares Outstanding
105.93MSharesUpdated Aug 21, 2026Float Shares
81.25MSharesUpdated Aug 21, 2026Shares Short
2.86MSharesUpdated Aug 21, 2026Short Ratio
13.69daysvs all stocks
% Held by Insiders
2.59%vs all stocks
% Held by Institutions
12.80%vs all stocks
Total Cash (MRQ)
53.23MCAD38.69M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.5030CADUpdated Aug 21, 2026Total Debt (MRQ)
827.35MCAD601.27M · vs all stocks (USD)
Total Debt to Equity (MRQ)
3.46xvs Asset Management peers
Current Ratio (MRQ)
1.55xvs Asset Management peers
Book Value per Share (MRQ)
2.23CADUpdated Aug 21, 2026Total Assets
1.22BCAD888.62M · vs all stocks (USD)
Total Current Assets
226.74MCADFY2025 · Dec 31, 2025Total Liabilities
956.48MCADFY2025 · Dec 31, 2025Total Non-current Assets
996.01MCADFY2025 · Dec 31, 2025Total Non-current Liabilities
767.40MCADFY2025 · Dec 31, 2025Total Current Liabilities
189.08MCADFY2025 · Dec 31, 2025Cash & Cash Equivalents
41.68MCADFY2025 · Dec 31, 2025Other Short-term Investments
9.11MCADFY2025 · Dec 31, 2025Accounts Receivable
145.34MCADFY2025 · Dec 31, 2025Accounts Payable
50.77MCADFY2025 · Dec 31, 2025Short-term Debt
9.20MCADFY2025 · Dec 31, 2025Deferred Revenue
6.57MCADFY2025 · Dec 31, 2025Other Current Liabilities
7.21MCADFY2025 · Dec 31, 2025Long-term Debt
753.70MCADFY2025 · Dec 31, 2025Other Non-current Liabilities
4.19MCADFY2025 · Dec 31, 2025Common Stock (Book)
833.06MCADFY2025 · Dec 31, 2025Retained Earnings
-592.56MCADFY2025 · Dec 31, 2025Total Shareholders' Equity
266.27MCAD193.51M · vs all stocks (USD)
52-Week Low
4.09CADUpdated Aug 21, 202652-Week High
7.02CADUpdated Aug 21, 202652-Week Change
-36.58%vs all stocks
Beta
0.8640xvs all stocks
50-Day MA
5.06CADUpdated Aug 21, 2026200-Day MA
5.60CADUpdated Aug 21, 2026Avg 10-Day Volume
489.06KSharesUpdated Aug 21, 2026Avg 30-Day Volume
389.94KSharesUpdated Aug 21, 2026Diluted EPS (TTM)
0.1800CADUpdated Aug 21, 2026Other Income / Expense
-1.11MCADFY2025 · Dec 31, 20253 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Diagnostic
Elevated ROE With High Debt-to-Equity and Equity Multiplier
Return on equity reads high on a balance sheet carrying a lot of debt against that equity.
Reads
How is this stock valued?
Close Below 40W SMA With Profitability
The price sits below its 40-week average, on three profitable years and cash above profit.
Reads
Where is this company structurally exposed?
Elevated Leverage on Three Denominators
Debt sits high against its equity, its assets, and its cash flow.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Debt-to-equity is 3.46×, higher than 95% of its Asset Management peers (median 0.55×)Significant
Debt-to-equity: 3.46Industry median: 0.55Industry P95: 1.75Peers compared: 107
Structural Tensions
Pays more per share than it earned over the last twelve monthsSignificant
Payout Ratio: 2.40Dividend per Share: 0.43Earnings per Share: 0.18
Prioritizing buybacks over growth reinvestmentNotable
Buyback Intensity: 0.03Revenue Growth YoY: -0.05
Financial Health
High earnings qualityNotable
Earnings Quality Score: 2.27
Supply Chain
Midstream position: 5 outgoing, 5 incoming connectionsNotable
Outgoing: 5.00Incoming: 5.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
Scale
Levered free cash flow is $84.12M, above the global median of $16.24MNotable
Levered free cash flow (USD): 84,122,428.243Global Median: 16,239,329.704
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Companies that share active interpretations — structural patterns currently present in both stocks.
Oracle Corporation
3 interpretationsElevated Leverage on Three DenominatorsElevated ROE With High Debt-to-Equity and Equity MultiplierClose Below 40W SMA With Profitability
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3 interpretationsElevated Leverage on Three DenominatorsElevated ROE With High Debt-to-Equity and Equity MultiplierClose Below 40W SMA With Profitability