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Uni-Select

TSX:UNS
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UNS
TSX
CA$217M
Market Cap
  1. Home
  2. CA
  3. Retail
Company description

Uni-Select Inc. engages in the distribution of automotive refinish, and industrial coatings and related products in North America. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • Uni-Select has significant price volatility in the past 3 months.
UNS Share Price and Events
7 Day Returns
-10.5%
TSX:UNS
10.8%
North America Retail Distributors
4.5%
CA Market
1 Year Returns
-66.4%
TSX:UNS
-27.6%
North America Retail Distributors
-24.5%
CA Market
UNS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Uni-Select (UNS) -10.5% -52.3% -55.3% -66.4% -85.6% -77.4%
North America Retail Distributors 10.8% -19.7% -32.3% -27.6% -13.6% -5%
CA Market 4.5% -20.1% -24.9% -24.5% -22.2% -16.5%
1 Year Return vs Industry and Market
  • UNS underperformed the Retail Distributors industry which returned -27.6% over the past year.
  • UNS underperformed the Market in Canada which returned -24.5% over the past year.
Price Volatility
UNS
Industry
5yr Volatility vs Market

UNS Value

 Is Uni-Select 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 Uni-Select 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 Uni-Select.

TSX:UNS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.3%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.4%

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:UNS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 5.4%
Retail Distributors Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.727 (1 + (1- 26.5%) (372.75%))
2.152
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.44% + (2 * 5.44%)
12.32%

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

The calculations below outline how an intrinsic value for Uni-Select 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:UNS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.32%)
2020 64.05 Analyst x4 57.02
2021 64.70 Analyst x3 51.28
2022 65.40 Est @ 1.09% 46.16
2023 66.18 Est @ 1.19% 41.58
2024 67.02 Est @ 1.27% 37.49
2025 67.90 Est @ 1.32% 33.82
2026 68.82 Est @ 1.36% 30.52
2027 69.77 Est @ 1.38% 27.54
2028 70.75 Est @ 1.4% 24.87
2029 71.75 Est @ 1.41% 22.45
Present value of next 10 years cash flows $372.00
TSX:UNS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $71.75 × (1 + 1.44%) ÷ (12.32% – 1.44%)
$668.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $668.95 ÷ (1 + 12.32%)10
$209.33
TSX:UNS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $372.00 + $209.33
$581.33
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $581.33 / 42.39
$13.71
TSX:UNS Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:UNS)
1.417
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $13.71 x 1.417
CA$19.44
Value per share (CAD) From above. CA$19.44
Current discount Discount to share price of CA$5.11
= -1 x (CA$5.11 - CA$19.44) / CA$19.44
73.7%

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

Current Discount
Amount off the current price Uni-Select is available for.
Intrinsic value
>50%
Share price is CA$5.11 vs Future cash flow value of CA$19.44
Current Discount Checks
For Uni-Select to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Uni-Select's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Uni-Select's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Uni-Select's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Uni-Select's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:UNS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.47
TSX:UNS Share Price ** TSX (2020-03-31) in CAD CA$5.11
TSX:UNS Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.705 $3.61
North America Retail Distributors Industry PE Ratio Median Figure of 11 Publicly-Listed Retail Distributors Companies 15.17x
Canada Market PE Ratio Median Figure of 498 Publicly-Listed Companies 10.3x

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

** Primary Listing of Uni-Select.

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

= TSX:UNS Share Price ÷ EPS (both in USD)

= 3.61 ÷ -0.47

-7.7x

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

  • Uni-Select is loss making, we can't compare its value to the North America Retail Distributors industry average.
  • Uni-Select is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Uni-Select's expected growth come at a high price?
Raw Data
TSX:UNS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
95%per year
North America Retail Distributors Industry PEG Ratio Median Figure of 5 Publicly-Listed Retail Distributors Companies 1.2x
Canada Market PEG Ratio Median Figure of 235 Publicly-Listed Companies 0.7x

*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 Uni-Select, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Uni-Select's assets?
Raw Data
TSX:UNS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $11.96
TSX:UNS Share Price * TSX (2020-03-31) in CAD CA$5.11
TSX:UNS Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.705 $3.61
North America Retail Distributors Industry PB Ratio Median Figure of 17 Publicly-Listed Retail Distributors Companies 2.61x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 0.99x
TSX:UNS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:UNS Share Price ÷ Book Value per Share (both in USD)

= 3.61 ÷ 11.96

0.3x

* Primary Listing of Uni-Select.

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

  • Uni-Select is good value based on assets compared to the North America Retail Distributors industry average.
X
Value checks
We assess Uni-Select'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 Retail Distributors 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 Retail Distributors industry average (and greater than 0)? (1 check)
  5. Uni-Select has a total score of 3/6, 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.

UNS Future Performance

 How is Uni-Select expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

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
95%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Uni-Select expected to grow at an attractive rate?
  • Uni-Select's earnings growth is expected to exceed the low risk savings rate of 1.4%.
Growth vs Market Checks
  • Uni-Select's earnings growth is expected to exceed the Canada market average.
  • Uni-Select's revenue growth is positive but not above the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:UNS Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:UNS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 95%
TSX:UNS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 1.1%
North America Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 12%
North America Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 7.4%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.8%

*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:UNS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:UNS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,778 107 31 4
2020-12-31 1,760 109 30 4
2020-04-01
TSX:UNS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,740 33 -20
2019-09-30 1,746 43 27
2019-06-30 1,745 114 13
2019-03-31 1,750 55 25
2019-01-01 1,752 95 36
2018-09-30 1,747 127 48
2018-06-30 1,694 109 48
2018-03-31 1,573 92 44
2017-12-31 1,448 124 45
2017-09-30 1,324 131 49
2017-06-30 1,247 127 55
2017-03-31 1,230 143 58

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Uni-Select's earnings are expected to grow significantly at over 20% yearly.
  • Uni-Select's revenue is expected to grow by 1.1% 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:UNS 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 4 Analyst Estimates (S&P Global) See Below

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

TSX:UNS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.73 0.83 0.63 2.00
2020-12-31 0.71 0.72 0.70 2.00
2020-04-01
TSX:UNS Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.47
2019-09-30 0.64
2019-06-30 0.31
2019-03-31 0.59
2019-01-01 0.86
2018-09-30 1.13
2018-06-30 1.14
2018-03-31 1.04
2017-12-31 1.06
2017-09-30 1.15
2017-06-30 1.30
2017-03-31 1.37

*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.
  • Uni-Select is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Uni-Select'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 North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the North America 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.
Uni-Select has a total score of 3/6, 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.

UNS Past Performance

  How has Uni-Select 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 Uni-Select's growth in the last year to its industry (Retail Distributors).
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.
  • Uni-Select does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Uni-Select's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Uni-Select's 1-year growth to the North America Retail Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Uni-Select'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 Uni-Select Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:UNS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,739.57 -19.85 313.13
2019-09-30 1,746.43 27.24 305.45
2019-06-30 1,744.51 13.22 306.49
2019-03-31 1,749.91 24.77 306.14
2019-01-01 1,751.97 36.50 315.67
2018-09-30 1,747.49 47.58 314.20
2018-06-30 1,694.45 48.15 301.60
2018-03-31 1,573.17 44.01 270.07
2017-12-31 1,448.27 44.62 237.11
2017-09-30 1,324.28 48.59 206.63
2017-06-30 1,247.02 54.71 186.70
2017-03-31 1,230.49 57.78 184.96
2016-12-31 1,197.32 58.27 176.12
2016-09-30 1,165.55 59.51 173.44
2016-06-30 1,123.24 57.98 167.12
2016-03-31 1,207.78 53.54 183.88
2015-12-31 1,355.43 -40.22 214.48
2015-09-30 1,523.40 -42.80 243.00
2015-06-30 1,712.58 -43.70 274.64
2015-03-31 1,782.97 -40.55 285.45
2014-12-31 1,784.36 50.13 283.99
2014-09-30 1,782.76 48.96 284.64
2014-06-30 1,781.86 48.40 287.81
2014-03-31 1,779.34 23.57 289.16
2013-12-31 1,788.09 21.33 294.91
2013-09-30 1,780.75 15.63 303.22
2013-06-30 1,773.58 0.27 307.16

*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.
  • It is difficult to establish if Uni-Select has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Uni-Select used its assets less efficiently than the North America Retail Distributors industry average last year based on Return on Assets.
  • It is difficult to establish if Uni-Select improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Uni-Select'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 Retail Distributors 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.
Uni-Select has a total score of 0/6, 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.

UNS Health

 How is Uni-Select'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 Uni-Select's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Uni-Select is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Uni-Select's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Uni-Select'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 1.8x 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 Uni-Select Company Filings, last reported 3 months ago.

TSX:UNS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 506.99 457.32 55.77
2019-09-30 532.93 435.98 20.77
2019-06-30 518.09 423.86 6.87
2019-03-31 520.23 502.24 5.04
2019-01-01 519.93 414.75 28.55
2018-09-30 543.06 392.22 11.05
2018-06-30 532.17 463.03 23.03
2018-03-31 530.86 472.61 19.01
2017-12-31 517.98 448.51 50.44
2017-09-30 512.87 478.45 59.36
2017-06-30 493.65 200.12 19.79
2017-03-31 483.14 201.27 11.94
2016-12-31 472.36 134.30 36.35
2016-09-30 463.93 144.74 20.98
2016-06-30 450.23 171.29 12.39
2016-03-31 446.72 81.49 9.26
2015-12-31 436.98 90.34 103.03
2015-09-30 430.65 0.02 49.90
2015-06-30 440.45 0.03 78.53
2015-03-31 416.64 283.88 1.37
2014-12-31 513.00 260.86 16.93
2014-09-30 511.67 267.18 0.03
2014-06-30 504.89 292.57 0.06
2014-03-31 488.67 328.25 0.07
2013-12-31 488.76 325.43 15.01
2013-09-30 484.32 295.46 0.07
2013-06-30 473.72 319.44 0.08
  • Uni-Select's level of debt (90.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (48.1% vs 90.2% today).
  • Debt is not well covered by operating cash flow (7.3%, less than 20% of total debt).
  • Uni-Select is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Uni-Select'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. Uni-Select has a total score of 2/6, 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.

UNS Dividends

 What is Uni-Select'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
7.06%
Current annual income from Uni-Select dividends. Estimated to be 6.7% next year.
If you bought CA$2,000 of Uni-Select shares you are expected to receive CA$141 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?
  • Uni-Select's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (2.71%).
  • Uni-Select's dividend is below the markets top 25% of dividend payers in Canada (8.69%).
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:UNS 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 4 Analyst Estimates (S&P Global) See Below
North America Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 4.8%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.7%

Industry and Market average data is calculated daily.

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

TSX:UNS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.24 2.00
2020-12-31 0.24 2.00
2020-04-01
TSX:UNS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-19 0.254 4.609
2019-11-13 0.278 3.282
2019-05-02 0.273 3.169
2019-02-20 0.274 2.622
2018-08-10 0.271 1.797
2018-05-03 0.278 1.761
2018-02-20 0.283 1.767
2017-11-08 0.287 1.390
2017-07-26 0.287 1.338
2017-05-03 0.269 1.224
2017-02-08 0.247 0.985
2016-11-01 0.250 1.132
2016-10-26 0.254 1.131
2016-04-27 0.254 1.057
2016-02-10 0.229 1.130
2015-10-28 0.219 1.002
2015-04-30 0.239 1.260
2015-02-12 0.235 1.399
2014-10-30 0.236 2.002
2014-07-30 0.265 2.121
2014-04-30 0.273 2.090
2014-02-27 0.231 1.747
2013-10-31 0.233 1.846
2013-07-31 0.246 2.291
2013-05-01 0.246 2.530
2013-02-28 0.252 2.610
2012-08-07 0.253 2.154
2012-05-08 0.250 1.849
2012-03-08 0.259 1.821
2011-11-08 0.229 1.820
2011-08-02 0.226 1.834
2011-05-11 0.243 1.794
2011-03-15 0.242 1.775
2010-11-10 0.227 1.676
2010-08-06 0.219 1.752
2010-05-04 0.216 1.745
2010-03-30 0.228 1.708
2009-11-11 0.217 1.603
2009-08-05 0.210 1.752
2009-05-05 0.198 1.788

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 Uni-Select's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3x coverage).
X
Income/ dividend checks
We assess Uni-Select's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Uni-Select afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Uni-Select 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.

UNS Management

 What is the CEO of Uni-Select'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
Anthony Windom
COMPENSATION $1,340,753
TENURE AS CEO 0.8 years
CEO Bio

Mr. Brent Windom, also known as Anthony, has been President and Chief Executive Officer at Uni-Select Inc. since May 1, 2019 and its Director since May 2, 2019. Mr. Windom is the President and COO of Canadian Automotive Group. He served as President and Chief Operating Officer of Automotive USA at Uni-Select Inc. since July 2013 until July 3, 2017. Mr. Windom served as the President and Chief Operating Officer of U.S. Automotive Business at Uni-Select Inc. since July 2013. Mr. Windom served as Senior Vice President of Sales and Marketing at Uni-Select USA, Inc. since July 2012. Mr. Windom served as Vice President of Marketing & Product Development of Uni-Select USA, Inc. at Uni-Select Inc. since February 2009. Mr. Windom oversees all marketing and product management efforts at Uni-Select Inc. and is also responsible for customer related training, corporate store inventory management and the Uni-Select Inc.'s web based initiatives. Mr. Windom has nearly 30 years of experience in the auto aftermarket. Mr. Windom served as Vice President Marketing-Uni-SelectUSA / MAWDI Marketing Dept of Uni-Select USA Inc. Mr. Windom served as Vice President of Marketing & Product Management and Vice President of Marketing, MAWDI of Uni-Select, Inc. He served as Vice President of Marketing and Merchandising for MAWDI from 1994 to 2004, when it was sold to Uni-Select. He sered as an Executive Vice President at AI Automotive for nine years, until its sale to MAWDI. He began his career overseeing sales with Downey Automotive, which was sold to AI Automotive in 1985.

CEO Compensation
  • Anthony's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Anthony's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Uni-Select management team in years:

1.1
Average Tenure
  • The average tenure for the Uni-Select management team is less than 2 years, this suggests a new team.
Management Team

Anthony Windom

TITLE
President
COMPENSATION
$1M
TENURE
0.8 yrs

Eric Bussieres

TITLE
Executive VP & CFO
COMPENSATION
$674K
TENURE
4.3 yrs

Me Juneau

TITLE
Chief Legal & Administrative Officer and Corporate Secretary
COMPENSATION
$528K
TENURE
1.2 yrs

Peter Sephton

TITLE
President & CEO of European Automotive Group
COMPENSATION
$3M
AGE
60
TENURE
2.6 yrs

Helene Baril

TITLE
Director of Investor Relations

Annie Paré

TITLE
Director of Communications

Guy Archambault

TITLE
Vice President of Corporate Development

Michel Ravacley

TITLE
Senior Vice President of Supply Chain & Integration
COMPENSATION
$482K
AGE
65

Dominique Denicourt

TITLE
Chief People Officer & VP of Human Resources of Canadian Automotive Group
TENURE
0.5 yrs

Neil Croxson

TITLE
President & COO of European Automotive Group
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Uni-Select board of directors in years:

0.8
Average Tenure
60
Average Age
  • The average tenure for the Uni-Select board of directors is less than 3 years, this suggests a new board.
Board of Directors

Michelle Cormier

TITLE
Independent Chairman of the Board
COMPENSATION
$186K
AGE
62
TENURE
1.5 yrs

Anthony Windom

TITLE
President
COMPENSATION
$1M
TENURE
0.8 yrs

Pierre Raymond

TITLE
Independent Director
AGE
64
TENURE
1 yrs

Dave Samuel

TITLE
Director
AGE
54
TENURE
0.2 yrs

Richard Roy

TITLE
Non-Independent Non-Executive Director
COMPENSATION
$133K
AGE
63
TENURE
11.8 yrs

Rob Molenaar

TITLE
Independent Director
COMPENSATION
$188K
AGE
58
TENURE
2.8 yrs

Stéphane Gonthier

TITLE
Independent Director
AGE
52
TENURE
0.8 yrs

Fred Mifflin

TITLE
Independent Director
AGE
60
TENURE
0.8 yrs

Matt Kunica

TITLE
Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Uni-Select individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
17. Mar 20 Buy Eric Bussieres Individual 13. Mar 20 13. Mar 20 2,350 CA$8.50 CA$19,975
13. Mar 20 Buy Frederick Mifflin Individual 12. Mar 20 12. Mar 20 1,000 CA$8.25 CA$8,250
26. Feb 20 Buy Eric Bussieres Individual 25. Feb 20 25. Feb 20 4,000 CA$11.44 CA$45,661
27. Feb 20 Buy Frederick Mifflin Individual 27. Feb 20 27. Feb 20 1,000 CA$10.75 CA$10,750
28. Feb 20 Buy Brent Windom Individual 28. Feb 20 28. Feb 20 12,500 CA$10.53 CA$130,873
25. Feb 20 Buy Frederick Mifflin Individual 25. Feb 20 25. Feb 20 500 CA$11.39 CA$5,692
X
Management checks
We assess Uni-Select'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. Uni-Select 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.

UNS News

Simply Wall St News

Shareholders Should Look Hard At Uni-Select Inc.’s (TSE:UNS) 6.4%Return On Capital

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … 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 Uni-Select:0.064 = US$69m ÷ (US$1.6b - US$568m) (Based on the trailing twelve months to June 2019.) So, Uni-Select has an ROCE of 6.4%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE.

Simply Wall St -

Here's What Uni-Select Inc.'s (TSE:UNS) P/E Is Telling Us

The formula for P/E is: Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) Or for Uni-Select: P/E of 26.55 = $8.29 (Note: this is the share price in the reporting currency, namely, USD ) ÷ $0.31 (Based on the trailing twelve months to June 2019.) Is A High P/E Ratio Good? … The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings. … How Growth Rates Impact P/E Ratios If earnings fall then in the future the 'E' will be lower.

Simply Wall St -

Is Uni-Select Inc.'s (TSE:UNS) Stock Available For A Good Price After Accounting For Growth?

Stocks like Uni-Select, with a price-to-earnings (P/E) ratio of 15.91x, always catch the eye of investors on the hunt for a bargain. … A PE ratio of 15.91x and expected year-on-year earnings growth of 27% give Uni-Select a very low PEG ratio of 0.58x. … This tells us that when we include its growth in our analysis Uni-Select's stock can be considered relatively cheap , based on its fundamentals.

Simply Wall St -

Is Uni-Select Inc. (TSE:UNS) An Attractive Dividend Stock?

TSX:UNS Historical Dividend Yield, July 9th 2019 Payout ratios Companies (usually) pay dividends out of their earnings. If a company is paying more than it earns, the dividend might have to be cut. So we need to form a view on if a company's dividend is sustainable, relative to its net profit after tax. Looking at the data, we can see that 46% of Uni-Select's profits were paid out as dividends in the last 12 months. A medium payout ratio strikes a good balance between paying dividends, and keeping enough back to invest in the business. One of the risks is that management reinvests the retained capital poorly instead of paying a higher dividend. Another important check we do is to see if the free cash flow generated is sufficient to pay the dividend. Uni-Select paid out a conservative 39% of its free cash flow as dividends last year. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. Is Uni-Select's Balance Sheet Risky? As Uni-Select has a meaningful amount of debt, we need to check its balance sheet to see if the company might have debt risks. A rough way to check this is with these two simple ratios: a) net debt divided by EBITDA (earnings before interest, tax, depreciation and amortisation), and b) net interest cover. … Conclusion To summarise, shareholders should always check that Uni-Select's dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend. … Earnings growth generally bodes well for the future value of company dividend payments.

Simply Wall St -

Is Uni-Select Inc. (TSE:UNS) Investing Your Capital Efficiently?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … 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 Uni-Select: 0.064 = US$75m ÷ (US$1.7b - US$489m) (Based on the trailing twelve months to March 2019.) Therefore, Uni-Select has an ROCE of 6.4%. … 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 -

Do Directors Own Uni-Select Inc. (TSE:UNS) Shares?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Taking a look at our data on the ownership groups (below), it's seems that

Simply Wall St -

Does Uni-Select Inc.'s (TSE:UNS) Past Performance Indicate A Weaker Future?

After reading Uni-Select Inc.'s (TSE:UNS) most recent earnings announcement (31 December 2018), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … UNS's trailing twelve-month earnings (from 31 December 2018) of US$36m has. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 18%, indicating the rate at which UNS is growing has slowed down

Simply Wall St -

How Much Are Uni-Select Inc. (TSE:UNS) Insiders Spending On Buying Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Uni-Select Inc. … As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price … In the last twelve months Uni-Select insiders were buying shares, but not selling

Simply Wall St -

Should Uni-Select Inc. (TSE:UNS) Be Part Of Your Dividend Portfolio?

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Let's dig deeper into whether Uni-Select should have a place in your portfolio. … Check out our latest analysis for Uni-Select

Simply Wall St -

Is Uni-Select Inc.'s (TSE:UNS) P/E Ratio Really That Good?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 12.35 = $10.67 (Note: this is the share price in the reporting currency, namely, USD ) ÷ $0.86

Simply Wall St -

UNS Company Info

Description

Uni-Select Inc. engages in the distribution of automotive refinish, and industrial coatings and related products in North America. It operates through FinishMaster U.S., Canadian Automotive Group, and The Parts Alliance U.K. segments. The company also distributes automotive aftermarket parts in Canada and the United Kingdom. It operates 15 distribution centers and 434 company-owned stores. Uni-Select Inc. was founded in 1968 and is headquartered in Boucherville, Canada.

Details
Name: Uni-Select Inc.
UNS
Exchange: TSX
Founded: 1968
CA$216,599,103
42,387,300
Website: http://www.uniselect.com
Address: Uni-Select Inc.
170 Industriel Boulevard,
Boucherville,
Quebec, J4B 2X3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX UNS Common Shares The Toronto Stock Exchange CA CAD 02. Sep 1988
OTCPK UNIE.F Common Shares Pink Sheets LLC US USD 02. Sep 1988
DB U04 Common Shares Deutsche Boerse AG DE EUR 02. Sep 1988
Number of employees
Current staff
Staff numbers
5,991
Uni-Select employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 00:43
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/16
Last earnings filing: 2020/02/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.