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North West Company Inc
TSX:NWC

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North West Company Inc
TSX:NWC
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Price: 51.72 CAD -0.5% Market Closed
Market Cap: CA$2.5B

EV/EBITDA

8.5
Current
7%
More Expensive
vs 3-y average of 7.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
8.5
=
Enterprise Value
CA$2.9B
/
EBITDA
CA$332.6m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
8.5
=
Enterprise Value
CA$2.9B
/
EBITDA
CA$332.6m

Valuation Scenarios

North West Company Inc is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (7.9), the stock would be worth CA$48.36 (6% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-13%
Maximum Upside
+28%
Average Upside
7%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 8.5 CA$51.72
0%
3-Year Average 7.9 CA$48.36
-6%
5-Year Average 7.4 CA$45.22
-13%
Industry Average 10.9 CA$66.45
+28%
Country Average 10.2 CA$62.13
+20%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
CA$2.9B
/
Feb 2026
CA$332.6m
=
8.5
Current
CA$2.9B
/
Jan 2027
CA$399m
=
7.2
Forward
CA$2.9B
/
Jan 2028
CA$411.6m
=
7
Forward
CA$2.9B
/
Jan 2029
CA$412.5m
=
7
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
CA
North West Company Inc
TSX:NWC
2.5B CAD 8.5 17.8
ZA
Shoprite Holdings Ltd
JSE:SHP
155.7B ZAR 7.9 20.6
CA
Alimentation Couche-Tard Inc
TSX:ATD
72.8B CAD 10.1 19
CA
Loblaw Companies Ltd
TSX:L
72.3B CAD 12 27.3
UK
Tesco PLC
LSE:TSCO
32.8B GBP 8.3 18.5
US
Kroger Co
NYSE:KR
44.2B USD 6.8 43.8
NL
Koninklijke Ahold Delhaize NV
AEX:AD
36.8B EUR 6.7 16.3
AU
Woolworths Group Ltd
ASX:WOW
46.2B AUD 35.6 77.3
JP
Seven & i Holdings Co Ltd
TSE:3382
5.2T JPY 8.4 17.6
IN
Avenue Supermarts Ltd
NSE:DMART
3T INR 61.4 103.9
US
Caseys General Stores Inc
NASDAQ:CASY
28.9B USD 22 44.5

Market Distribution

In line with most companies in Canada
Percentile
42nd
Based on 2 002 companies
42nd percentile
8.5
Low
0 — 7
Typical Range
7 — 14.5
High
14.5 —
Distribution Statistics
Canada
Min 0
30th Percentile 7
Median 10.2
70th Percentile 14.5
Max 13 731.1

North West Company Inc
Glance View

Market Cap
2.5B CAD
Industry
Retail

Nestled at the edge of the Canadian commerce landscape, North West Company Inc. has carved a unique niche by tapping into the farthest reaches of Canada's northern territories and remote rural communities. This company, with roots tracing back to the fur trade of the late 18th century, thrives where many traditional retailers dare not venture. North West Company operates retail stores in regions where the challenging logistics of transport and unpredictable weather can intimidate even the most seasoned enterprises. The company brings essential goods to communities that are often underserved or isolated, employing a blend of resilience and modern retail strategies honed over decades. By leveraging deep local knowledge and strategic distribution channels, North West Company efficiently navigates this difficult terrain, ensuring shelves are stocked and consumer needs met. The revenue model of North West Company hinges on its ability to act as a lifeline for these remote areas, offering a range of products from everyday groceries to hard goods and pharmaceuticals. Its division into northern and southern segments enables the firm to cater to various market needs with precision. Sustainable growth is anchored on tailored offerings, often customizing goods based on unique local demands and cultural preferences. Through strategic alliances and long-term partnerships, North West Company secures supply chain reliability, further fortifying its position. With a diversified portfolio that extends to international locations, including the Caribbean and Alaska, the enterprise has mastered the art of transforming geographic challenges into rewarding commercial opportunities.

NWC Intrinsic Value
56.88 CAD
Undervaluation 9%
Intrinsic Value
Price CA$51.72
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