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BMTC Group

TSX:GBT
Snowflake Description

Adequate balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GBT
TSX
CA$422M
Market Cap
  1. Home
  2. CA
  3. Retail
Company description

BMTC Group Inc., through its subsidiary, Ameublements Tanguay Inc., manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The last earnings update was 69 days ago. More info.


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GBT Share Price and Events
7 Day Returns
2.2%
TSX:GBT
-0.7%
CA Specialty Retail
1.1%
CA Market
1 Year Returns
-22.7%
TSX:GBT
-20.7%
CA Specialty Retail
6.9%
CA Market
GBT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BMTC Group (GBT) 2.2% 10% 10% -22.7% -4.4% -19.8%
CA Specialty Retail -0.7% -2.9% -6.6% -20.7% -28.7% -39.4%
CA Market 1.1% 2.6% 4.6% 6.9% 8% 8.6%
1 Year Return vs Industry and Market
  • GBT underperformed the Specialty Retail industry which returned -20.7% over the past year.
  • GBT underperformed the Market in Canada which returned 6.9% over the past year.
Price Volatility
GBT
Industry
5yr Volatility vs Market

Value

 Is BMTC Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of BMTC Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for BMTC Group.

TSX:GBT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:GBT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.855 (1 + (1- 26.5%) (4.86%))
0.923
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.92
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.923 * 5.96%)
7.45%

Discounted Cash Flow Calculation for TSX:GBT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for BMTC Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TSX:GBT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 7.45%)
2020 18.10 Analyst x1 16.85
2021 13.90 Analyst x1 12.04
2022 11.69 Est @ -15.87% 9.43
2023 10.46 Est @ -10.52% 7.85
2024 9.75 Est @ -6.78% 6.81
2025 9.35 Est @ -4.16% 6.07
2026 9.13 Est @ -2.33% 5.52
2027 9.03 Est @ -1.05% 5.08
2028 9.02 Est @ -0.15% 4.73
2029 9.06 Est @ 0.48% 4.42
Present value of next 10 years cash flows CA$78.00
TSX:GBT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$9.06 × (1 + 1.95%) ÷ (7.45% – 1.95%)
CA$167.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$167.94 ÷ (1 + 7.45%)10
CA$81.87
TSX:GBT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$78.00 + CA$81.87
CA$159.87
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$159.87 / 34.29
CA$4.66
TSX:GBT Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$4.66
Current discount Discount to share price of CA$12.31
= -1 x (CA$12.31 - CA$4.66) / CA$4.66
-164.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of BMTC Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BMTC Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BMTC Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:GBT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-07-31) in CAD CA$0.97
TSX:GBT Share Price ** TSX (2019-11-13) in CAD CA$12.31
Canada Specialty Retail Industry PE Ratio Median Figure of 6 Publicly-Listed Specialty Retail Companies 12.94x
Canada Market PE Ratio Median Figure of 517 Publicly-Listed Companies 14.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BMTC Group.

TSX:GBT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:GBT Share Price ÷ EPS (both in CAD)

= 12.31 ÷ 0.97

12.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BMTC Group is good value based on earnings compared to the CA Specialty Retail industry average.
  • BMTC Group is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does BMTC Group's expected growth come at a high price?
Raw Data
TSX:GBT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
6.8%per year
North America Specialty Retail Industry PEG Ratio Median Figure of 49 Publicly-Listed Specialty Retail Companies 2.17x
Canada Market PEG Ratio Median Figure of 234 Publicly-Listed Companies 1.04x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for BMTC Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on BMTC Group's assets?
Raw Data
TSX:GBT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-07-31) in CAD CA$7.19
TSX:GBT Share Price * TSX (2019-11-13) in CAD CA$12.31
Canada Specialty Retail Industry PB Ratio Median Figure of 13 Publicly-Listed Specialty Retail Companies 1.31x
Canada Market PB Ratio Median Figure of 2,288 Publicly-Listed Companies 1.28x
TSX:GBT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:GBT Share Price ÷ Book Value per Share (both in CAD)

= 12.31 ÷ 7.19

1.71x

* Primary Listing of BMTC Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BMTC Group is overvalued based on assets compared to the CA Specialty Retail industry average.
X
Value checks
We assess BMTC Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. BMTC Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is BMTC Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover BMTC Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BMTC Group expected to grow at an attractive rate?
  • BMTC Group's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • BMTC Group's earnings growth is positive but not above the Canada market average.
  • BMTC Group's revenue growth is positive but not above the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:GBT Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:GBT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 6.8%
TSX:GBT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 0.9%
Canada Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 27.8%
Canada Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 10.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:GBT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:GBT Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-01-31 732 25 1
2020-01-31 727 33 1
2019-11-13
TSX:GBT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-07-31 722 37 33
2019-04-30 727 25 37
2019-01-31 740 29 45
2018-01-31 748 43 46
2017-09-30 762 51 49
2017-06-30 756 57 46
2017-03-31 754 48 45
2016-12-31 747 48 44
2016-09-30 740 50 42

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BMTC Group's earnings are expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
  • BMTC Group's revenue is expected to grow by 0.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:GBT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from BMTC Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:GBT Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-01-31
2020-01-31
2019-11-13
TSX:GBT Past Financials Data
Date (Data in CAD Millions) EPS *
2019-07-31 0.97
2019-04-30 1.06
2019-01-31 1.29
2018-01-31 1.25
2017-09-30 1.34
2017-06-30 1.27
2017-03-31 1.23
2016-12-31 1.17
2016-09-30 1.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if BMTC Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess BMTC Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BMTC Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has BMTC Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BMTC Group's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • BMTC Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • BMTC Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • BMTC Group's 1-year earnings growth is negative, it can't be compared to the CA Specialty Retail industry average.
Earnings and Revenue History
BMTC Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BMTC Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:GBT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-07-31 722.23 33.45 243.39
2019-04-30 727.49 36.90 243.80
2019-01-31 740.02 45.17 242.75
2018-01-31 747.83 45.54 238.31
2017-09-30 762.09 49.29 245.92
2017-06-30 755.98 46.45 247.31
2017-03-31 753.70 44.85 249.82
2016-12-31 746.65 43.83 246.49
2016-09-30 739.90 42.39 240.51
2016-06-30 731.67 40.72 236.62
2016-03-31 723.00 40.51 234.40
2015-12-31 717.34 41.53 229.92
2015-09-30 710.19 43.12 225.78
2015-06-30 711.01 48.35 225.72
2015-03-31 705.52 50.17 222.50
2014-12-31 701.36 48.65 222.33
2014-09-30 692.37 57.45 217.67
2014-06-30 689.48 55.02 219.65
2014-03-31 688.01 54.57 217.90
2013-12-31 694.74 57.25 218.56
2013-09-30 701.25 47.02 223.10
2013-06-30 709.53 51.32 216.03
2013-03-31 713.96 51.63 215.60
2012-12-31 716.87 48.65 215.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • BMTC Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • BMTC Group used its assets more efficiently than the CA Specialty Retail industry average last year based on Return on Assets.
  • BMTC Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess BMTC Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BMTC Group has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is BMTC Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up BMTC Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BMTC Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • BMTC Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of BMTC Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 82.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BMTC Group Company Filings, last reported 3 months ago.

TSX:GBT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-07-31 246.41 1.26 11.49
2019-04-30 238.91 13.55 17.92
2019-01-31 244.74 15.67 12.60
2018-01-31 204.38 0.00 2.87
2017-09-30 215.31 0.00 37.88
2017-06-30 211.78 0.00 44.39
2017-03-31 198.69 0.00 22.82
2016-12-31 199.68 0.00 24.49
2016-09-30 182.58 0.00 26.00
2016-06-30 172.32 0.00 21.47
2016-03-31 172.01 0.00 7.04
2015-12-31 172.97 0.00 8.74
2015-09-30 166.77 0.00 9.35
2015-06-30 266.48 0.00 135.13
2015-03-31 254.28 0.00 17.84
2014-12-31 255.43 0.00 33.50
2014-09-30 220.85 0.00 34.72
2014-06-30 208.11 0.00 56.87
2014-03-31 194.45 0.00 26.99
2013-12-31 197.88 0.00 17.11
2013-09-30 200.93 0.00 33.04
2013-06-30 199.77 0.00 35.51
2013-03-31 187.16 0.00 10.46
2012-12-31 197.82 0.00 12.93
  • BMTC Group's level of debt (0.5%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if BMTC Group's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (2968.9%, greater than 20% of total debt).
  • BMTC Group earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess BMTC Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BMTC Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is BMTC Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.27%
Current annual income from BMTC Group dividends.
If you bought CA$2,000 of BMTC Group shares you are expected to receive CA$45 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • BMTC Group's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (2.03%).
  • BMTC Group's dividend is below the markets top 25% of dividend payers in Canada (5.69%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:GBT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Canada Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.6%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:GBT Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2021-01-31
2020-01-31
2019-11-13
TSX:GBT Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-06-13 0.280 2.491
2018-12-06 0.280 1.957
2018-06-07 0.280 1.832
2018-05-01 0.240 1.543
2018-04-17 0.240 1.561
2017-11-07 0.240 1.499
2017-08-04 0.240 1.912
2016-11-11 0.240 1.914
2016-08-04 0.240 1.812
2016-03-18 0.240 1.799
2016-02-18 0.240 1.816
2015-11-05 0.240 1.764
2015-08-06 0.240 1.566
2015-03-17 0.240 1.486
2015-02-13 0.240 1.470
2014-11-13 0.240 1.466
2014-08-14 0.240 1.567
2013-11-07 0.240 1.684
2013-08-09 0.240 1.837
2012-11-08 0.240 1.698
2012-08-13 0.240 1.544
2011-11-11 0.240 1.263
2011-11-10 0.240 1.092
2011-08-11 0.240 1.100
2010-11-05 0.240 1.114
2010-08-05 0.240 1.033
2010-03-05 0.200 1.071
2010-02-19 0.200 1.188
2009-11-06 0.400 2.642
2009-08-10 0.360 3.334
2009-03-16 0.180 1.853
2009-02-24 0.180 1.966

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of BMTC Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess BMTC Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BMTC Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BMTC Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of BMTC Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Marie-Berthe Groseillers
COMPENSATION CA$1,413,600
TENURE AS CEO 1.4 years
CEO Bio

Ms. Marie-Berthe Des Groseillers has been President and Chief Executive Officer of BMTC Group Inc. since June 7, 2018 and its Director since April 2005. She served as Secretary of BMTC Group Inc. since April 7, 2005 until June 7, 2018. Ms. Des Groseillers served as Vice President and Chief Operating Officer of BMTC Group Inc. since December 31, 2013 until June 7, 2018. Ms. Des Groseillers serves as Secretary of A. Bélanger (Détail) Ltée (Investment Company) and President of the Brault et Martineau Foundation.

CEO Compensation
  • Marie-Berthe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Marie-Berthe's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the BMTC Group management team in years:

2.6
Average Tenure
  • The tenure for the BMTC Group management team is about average.
Management Team

Marie-Berthe Groseillers

TITLE
President
COMPENSATION
CA$1M
TENURE
1.4 yrs

Sylvie Bélanger

TITLE
Chief Financial Officer
COMPENSATION
CA$463K
TENURE
2.6 yrs

Guy Brouillette

TITLE
President of Brault & Martineau and Economax Divisions
COMPENSATION
CA$687K
TENURE
4.8 yrs

Maurice Tanguay

TITLE
President of Ameublements Tanguay Inc
COMPENSATION
CA$208K

Michèle Des Groseillers

TITLE
Secretary

André Jolicoeur

TITLE
Vice President of Finance of Ameublements Tanguay Inc
COMPENSATION
CA$329K
Board of Directors Tenure

Average tenure of the BMTC Group board of directors in years:

11.1
Average Tenure
  • The average tenure for the BMTC Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Yves Groseillers

TITLE
Chairman
COMPENSATION
CA$916K

Marie-Berthe Groseillers

TITLE
President
COMPENSATION
CA$1M
TENURE
14.6 yrs

André Bérard

TITLE
Lead Director
COMPENSATION
CA$100K
AGE
78

Tony Fionda

TITLE
Independent Director
COMPENSATION
CA$100K
TENURE
7.6 yrs

Charles Groseillers

TITLE
Director
COMPENSATION
CA$265K
TENURE
17.6 yrs

Lucien Bouchard

TITLE
Director
COMPENSATION
CA$100K
AGE
80
TENURE
15.6 yrs

Gabriel Castiglio

TITLE
Director
COMPENSATION
CA$100K
TENURE
4.5 yrs

Anne-Marie Leclair

TITLE
Independent Director
COMPENSATION
CA$100K
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess BMTC Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BMTC Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Here's What BMTC Group Inc.'s (TSE:GBT) P/E Ratio Is Telling Us

We'll look at BMTC Group Inc.'s (TSE:GBT) P/E ratio and reflect on what it tells us about the company's share price. … See our latest analysis for BMTC Group How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for BMTC Group: P/E of 10.19 = CA$10.85 ÷ CA$1.06 (Based on the trailing twelve months to April 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Here's Why BMTC Group (TSE:GBT) Can Manage Its Debt Responsibly

TSX:GBT Historical Debt, August 12th 2019 A Look At BMTC Group's Liabilities We can see from the most recent balance sheet that BMTC Group had liabilities of CA$151.0m falling due within a year, and liabilities of CA$21.4m due beyond that. … While it does have liabilities worth noting, BMTC Group also has more cash than debt, so we're pretty confident it can manage its debt safely. … BMTC Group may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt.

Simply Wall St -

Have Insiders Been Buying BMTC Group Inc. (TSE:GBT) Shares?

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' See our latest analysis for BMTC Group BMTC Group Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by Chairman Yves Groseillers for CA$307k worth of shares, at about CA$15.26 per share. … TSX:GBT Recent Insider Trading, July 18th 2019 Insider Ownership of BMTC Group Many investors like to check how much of a company is owned by insiders. … Judging from their transactions, and high insider ownership, BMTC Group insiders feel good about the company's future.

Simply Wall St -

BMTC Group Inc. (TSE:GBT) Delivered A Better ROE Than Its Industry

View our latest analysis for BMTC Group How Do You Calculate Return On Equity? … The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for BMTC Group: 15% = CA$37m ÷ CA$239m (Based on the trailing twelve months to April 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … BMTC Group's Debt And Its 15% ROE Although BMTC Group does use a little debt, its debt to equity ratio of just 0.057 is very low.

Simply Wall St -

Should You Like BMTC Group Inc.’s (TSE:GBT) High Return On Capital Employed?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for BMTC Group: 0.21 = CA$54m ÷ (CA$368m - CA$118m) (Based on the trailing twelve months to January 2019.) Therefore, BMTC Group has an ROCE of 21%. … What Are Current Liabilities, And How Do They Affect BMTC Group's ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Did Changing Sentiment Drive BMTC Group's (TSE:GBT) Share Price Down By 12%?

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Even though the BMTC Group share price is down over the year, its EPS actually improved. … Dividends have been really beneficial for BMTC Group shareholders, and that cash payout explains why its total shareholder loss of 10%, over the last year, isn't as bad as the share price return.

Simply Wall St -

Is BMTC Group Inc.'s (TSE:GBT) P/E Ratio Really That Good?

The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for BMTC Group: P/E of 10.2 = CA$13.19 ÷ CA$1.29 (Based on the trailing twelve months to January 2019.) Is A High P/E Ratio Good? … BMTC Group increased earnings per share by 3.1% last year. … The Verdict On BMTC Group's P/E Ratio BMTC Group has a P/E of 10.2.

Simply Wall St -

How Does BMTC Group Inc. (TSE:GBT) Fare As A Dividend Stock?

(TSE:GBT) be an attractive dividend share to own for the long haul? … Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. … When buying stocks for their dividends, you should always run through the checks below, to see if the dividend looks sustainable.

Simply Wall St -

What Kind Of Shareholders Own BMTC Group Inc. (TSE:GBT)?

A look at the shareholders of BMTC Group Inc. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … BMTC Group is not a large company by global standards.

Simply Wall St -

Why BMTC Group Inc. (TSE:GBT) Could Be Worth Watching

As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Is there still an opportunity here to buy. … Today I will analyse the most recent data on BMTC Group’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

Company Info

Description

BMTC Group Inc., through its subsidiary, Ameublements Tanguay Inc., manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The company operates through two divisions, Brault & Martineau and EconoMax. It operates retail outlets in 32 locations in Quebec province. The company was incorporate in 1989 and is headquartered in Montreal, Canada.

Details
Name: BMTC Group Inc.
GBT
Exchange: TSX
Founded: 1989
CA$422,133,289
34,291,900
Website: http://www.bmtc.ca
Address: BMTC Group Inc.
8500 Place Marien,
Montréal East,
Montreal,
Quebec, H1B 5W8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX GBT Common Shares The Toronto Stock Exchange CA CAD 08. Nov 1989
Number of employees
Current staff
Staff numbers
1,814
BMTC Group employees.
Industry
Homefurnishing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 23:31
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/09/10
Last earnings filing: 2019/09/05
Last earnings reported: 2019/07/31
Last annual earnings reported: 2019/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.