# Evertz Technologies Limited (ET.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Technology / Communications Equipment. Price C$15.50, market value C$1.2 billion.

## Valuation
- **P/E (trailing): 18.7×** (5-yr avg 13.1×, 3-yr avg 14.6×). Evertz Technologies Limited trades at 18.7× trailing earnings, well above its own five-year average of 13.1×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 16.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 2.09**. A PEG of 2.09 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 2.3×**. Each dollar of revenue is priced at 2.3×.
- **Price / book: 5.9×**. The shares trade at 5.9× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 11.2×**. Enterprise value is 11.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.8%** (5-yr avg 9.5%). Free cash flow equals 4.8% of the market value, below its five-year average of 9.5%, so the shares are pricier on cash than usual.
- **Earnings yield: 5.4%**. The inverse of the P/E: 5.4% of the price is earned each year.

## Profitability
- **Gross margin: 58.6%**. Evertz Technologies Limited keeps 58.6% of revenue after the direct cost of what it sells.
- **Operating margin: 14.4%**. 14.4% of revenue is left after running the business.
- **Net margin: 12.4%**. 12.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 32.3%**. 32.3% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 31.3%**. Return on all capital, debt included, is 31.3%: comfortably above what that capital costs.
- **Return on assets: 15.1%**. Each dollar of assets produces 15.1% of profit.

## Growth
- **Revenue growth (1 yr): 2.8%** (3-yr 4.3%/yr, 5-yr 8.5%/yr). Revenue grew 2.8% over the last year, against 8.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 7.8%** (3-yr -0.4%/yr, 5-yr 8.6%/yr). Earnings per share rose 7.8%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 6.8%/yr**. Free cash flow has compounded at 6.8% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.07**. Debt is 0.07 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Evertz Technologies Limited holds more cash than debt.
- **Interest coverage: 49.2×**. Operating profit covers interest 49.2× over, a safe margin.
- **Current ratio: 1.63** (quick 0.67). Current assets cover the next year's liabilities 1.63 times.
- **Altman Z-score: 6.06**. A Z-score of 6.06 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 5.26%** (C$0.81 per share, trailing). Evertz Technologies Limited yields 5.26%, an income-level yield.
- **Payout ratio: 214%** (242% of free cash flow). The dividend exceeds earnings (214% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 27.3%/yr** (1-yr 129.9%). The dividend has compounded at 27.3% a year over five years, doubling roughly every 3 years at that pace.
- **Shareholder yield: 5.6%**. Dividends plus net buybacks return 5.6% of the market value a year.

## Price and momentum
- **Total return (1 yr): 43.0%** (YTD 14.7%, 3-mo -4.9%). The shares are up 43.0% over twelve months including dividends.
- **From 52-week high: -27.9%** (29.2% above the low). Trading 28% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.29** (volatility 29%). Beta of 0.29 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.