Empire Company Ltd
TSX:EMP.A

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Empire Company Ltd
TSX:EMP.A
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Price: 50.2 CAD 0.88% Market Closed
Market Cap: 11.7B CAD

Relative Value

The Relative Value of one EMP.A stock under the Base Case scenario is 76.8 CAD. Compared to the current market price of 50.2 CAD, Empire Company Ltd is Undervalued by 35%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EMP.A Relative Value
Base Case
76.8 CAD
Undervaluation 35%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
56
Median 3Y
0.3
Median 5Y
0.3
Industry
0.6
Forward
0.4
vs History
1
vs Industry
31
Median 3Y
13.2
Median 5Y
13.7
Industry
16.9
Forward
16.6
vs History
4
vs Industry
49
Median 3Y
4.9
Median 5Y
4.9
Industry
8.2
vs History
34
vs Industry
25
Median 3Y
18.6
Median 5Y
19.7
Industry
16.2
vs History
19
vs Industry
31
Median 3Y
1.8
Median 5Y
2
Industry
1.6
vs History
1
vs Industry
47
Median 3Y
0.5
Median 5Y
0.5
Industry
0.7
Forward
0.6
vs History
11
vs Industry
42
Median 3Y
2
Median 5Y
2
Industry
2.3
vs History
3
vs Industry
36
Median 3Y
7.2
Median 5Y
7.4
Industry
8.4
Forward
7.4
vs History
1
vs Industry
24
Median 3Y
13.7
Median 5Y
13.5
Industry
12.7
Forward
13.7
vs History
11
vs Industry
39
Median 3Y
8.1
Median 5Y
7.9
Industry
9.4
vs History
11
vs Industry
31
Median 3Y
13.8
Median 5Y
13
Industry
13.1
vs History
11
vs Industry
32
Median 3Y
1.2
Median 5Y
1.2
Industry
1.1

Multiples Across Competitors

EMP.A Competitors Multiples
Empire Company Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Empire Company Ltd
TSX:EMP.A
11.8B CAD 0.4 17.4 8.2 16.2
ZA
Shoprite Holdings Ltd
JSE:SHP
154.7B Zac 0 0 0 0
CA
Loblaw Companies Ltd
TSX:L
66B CAD 1.1 30 11.7 20.5
CA
Alimentation Couche-Tard Inc
TSX:ATD
65.5B CAD 0.6 18.1 9.9 15.3
US
Kroger Co
NYSE:KR
45.4B USD 0.3 17.2 8.2 15
JP
Seven & i Holdings Co Ltd
TSE:3382
5.9T JPY 0.5 34 7.9 18.8
NL
Koninklijke Ahold Delhaize NV
AEX:AD
34B EUR 0.4 18.8 6.9 16
UK
Tesco PLC
LSE:TSCO
25.2B GBP 0.4 15.5 6.9 10.9
IN
Avenue Supermarts Ltd
NSE:DMART
2.7T INR 4.6 101.2 61.1 75.8
ZA
Pick N Pay Stores Ltd
JSE:PIK
27.5B Zac 0 0 0 0
AU
Woolworths Group Ltd
ASX:WOW
38.9B AUD 0.6 23.9 17.3 17.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Empire Company Ltd
TSX:EMP.A
Average EV/EBITDA: 15.3
8.2
6%
1.4
ZA
S
Shoprite Holdings Ltd
JSE:SHP
Not Available
8%
N/A
CA
Loblaw Companies Ltd
TSX:L
11.7
3%
3.9
CA
Alimentation Couche-Tard Inc
TSX:ATD
9.9
7%
1.4
US
Kroger Co
NYSE:KR
8.2
7%
1.2
JP
Seven & i Holdings Co Ltd
TSE:3382
7.9
1%
7.9
NL
Koninklijke Ahold Delhaize NV
AEX:AD
6.9
7%
1
UK
Tesco PLC
LSE:TSCO
6.9
2%
3.4
IN
Avenue Supermarts Ltd
NSE:DMART
61.1
N/A N/A
ZA
P
Pick N Pay Stores Ltd
JSE:PIK
Not Available
15%
N/A
AU
Woolworths Group Ltd
ASX:WOW
17.3
60%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Empire Company Ltd
TSX:EMP.A
Average EV/EBIT: 22.8
16.2
8%
2
ZA
S
Shoprite Holdings Ltd
JSE:SHP
Not Available
12%
N/A
CA
Loblaw Companies Ltd
TSX:L
20.5
9%
2.3
CA
Alimentation Couche-Tard Inc
TSX:ATD
15.3
7%
2.2
US
Kroger Co
NYSE:KR
15
10%
1.5
JP
Seven & i Holdings Co Ltd
TSE:3382
18.8
N/A N/A
NL
Koninklijke Ahold Delhaize NV
AEX:AD
16
14%
1.1
UK
Tesco PLC
LSE:TSCO
10.9
2%
5.5
IN
Avenue Supermarts Ltd
NSE:DMART
75.8
N/A N/A
ZA
P
Pick N Pay Stores Ltd
JSE:PIK
Not Available
111%
N/A
AU
Woolworths Group Ltd
ASX:WOW
17.3
30%
0.6