# Amazon.com CDR (CAD Hedged) (AMZN.TO) fundamentals

Data as of 2026-11-01. TSX, Canada. Sector: Consumer Cyclical / Internet Retail. Price C$27.35, market value C$3.40 trillion.

## Valuation
- **P/E (trailing): 19.5×** (5-yr avg 56.6×, 3-yr avg 56.6×). Amazon.com CDR (CAD Hedged) trades at 19.5× trailing earnings, well below its own five-year average of 56.6×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×.
- **Price / sales: 4.6×**. Each dollar of revenue is priced at 4.6×.
- **Price / book: 8.3×**. The shares trade at 8.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 18.2×**. Enterprise value is 18.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -0.1%** (5-yr avg 0.3%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 5.1%**. The inverse of the P/E: 5.1% of the price is earned each year.

## Profitability
- **Gross margin: 50.6%**. Amazon.com CDR (CAD Hedged) keeps 50.6% of revenue after the direct cost of what it sells.
- **Operating margin: 11.5%**. 11.5% of revenue is left after running the business.
- **Net margin: 10.8%**. 10.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.9%**. 18.9% on shareholders' equity is solid.
- **Return on invested capital: 15.3%**. Return on all capital, debt included, is 15.3%: comfortably above what that capital costs.
- **Return on assets: 11.1%**. Each dollar of assets produces 11.1% of profit.

## Growth
- **Revenue growth (1 yr): 12.4%** (3-yr 11.7%/yr). Revenue grew 12.4% over the last year.
- **EPS growth (1 yr): 29.7%**. Earnings per share rose 29.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.37**. Debt is 0.37 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.2×**. It would take 0.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 33.7×**. Operating profit covers interest 33.7× over, a safe margin.
- **Current ratio: 1.05** (quick 0.88). Current assets cover the next year's liabilities 1.05 times.
- **Altman Z-score: 6.92**. A Z-score of 6.92 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Amazon.com CDR (CAD Hedged) does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 5.2%** (YTD 2.0%, 3-mo -11.7%). The shares are up 5.2% over twelve months including dividends.
- **From 52-week high: -15.3%** (20.4% above the low). Trading 15% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 0.64** (volatility 34%). Beta of 0.64 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AMZN.TO · Page: https://foliofundamentals.com/stocks/amzn.to

Not investment advice.