# Broadcom CDR (CAD Hedged) (AVGO.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Technology / Semiconductors & Chip Equipment. Price C$12.60, market value C$340.6 billion.

## Valuation
- **P/E (trailing): 43.4×**. Broadcom CDR (CAD Hedged) trades at 43.4× trailing earnings. The Technology median in the September 2026 study was 32.1×.
- **Price / sales: 3.8×**. Each dollar of revenue is priced at 3.8×.
- **Price / book: 30.7×**. The shares trade at 30.7× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 7.4×**. Enterprise value is 7.4× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 11.6%**. Free cash flow equals 11.6% of the market value. Above 5% is generally attractive.
- **Earnings yield: 2.3%**. The inverse of the P/E: 2.3% of the price is earned each year.

## Profitability
- **Gross margin: 68.8%**. Broadcom CDR (CAD Hedged) keeps 68.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 48.5%**. 48.5% of revenue is left after running the business, an exceptional level.
- **Net margin: 36.2%**. 36.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 28.4%**. 28.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 31.4%**. Return on all capital, debt included, is 31.4%: comfortably above what that capital costs.
- **Return on assets: 22.4%**. Each dollar of assets produces 22.4% of profit.

## Growth
- **Revenue growth (1 yr): 23.9%** (3-yr 24.4%/yr). Revenue grew 23.9% over the last year.
- **EPS growth (1 yr): 287.8%** (3-yr 21.6%/yr). Earnings per share rose 287.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 18.2%/yr**. Free cash flow has compounded at 18.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.80**. Debt is 0.80 times equity, moderate leverage.
- **Net debt / EBITDA: 0.9×**. It would take 0.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 13.9×**. Operating profit covers interest 13.9× over, a safe margin.
- **Current ratio: 1.71** (quick 1.58). Current assets cover the next year's liabilities 1.71 times.
- **Altman Z-score: 3.87**. A Z-score of 3.87 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

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

## Price and momentum
- **From 52-week high: -33.5%** (13.1% above the low). Trading 34% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.99** (volatility 44%). Beta of 0.99 against the S&P/TSX Composite: the shares move roughly with the market.

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

Not investment advice.