# GE Vernova CDR (CAD Hedged) (GEV.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Industrials / Electrical Equipment. Price C$61.42, market value C$324.9 billion.

## Valuation
- **P/E (trailing): 25.8×** (5-yr avg 50.2×, 3-yr avg 50.2×). GE Vernova CDR (CAD Hedged) trades at 25.8× trailing earnings, well below its own five-year average of 50.2×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×.
- **Price / sales: 7.4×**. Each dollar of revenue is priced at 7.4×.
- **Price / book: 20.3×**. The shares trade at 20.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 74.4×**. Enterprise value is 74.4× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 5.3%** (5-yr avg 1.5%). Free cash flow equals 5.3% of the market value, above its five-year average of 1.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.9%**. The inverse of the P/E: 3.9% of the price is earned each year.

## Profitability
- **Gross margin: 21.7%**. GE Vernova CDR (CAD Hedged) keeps 21.7% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 6.4%**. 6.4% of revenue is left after running the business.
- **Net margin: 12.8%**. 12.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 43.7%**. 43.7% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 93.2%**. Return on all capital, debt included, is 93.2%: comfortably above what that capital costs.
- **Return on assets: 16.5%**. Each dollar of assets produces 16.5% of profit.

## Growth
- **Revenue growth (1 yr): 9.0%** (3-yr 8.7%/yr). Revenue grew 9.0% over the last year.
- **EPS growth (1 yr): 217.0%**. Earnings per share rose 217.0%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.10**. Debt is 0.10 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. GE Vernova CDR (CAD Hedged) holds more cash than debt.
- **Current ratio: 0.98** (quick 0.75). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 4.50**. A Z-score of 4.50 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: none**. GE Vernova CDR (CAD Hedged) does not currently pay a dividend, but it returned 2.0% of its market value through buybacks over the last year.

## Price and momentum
- **From 52-week high: -23.7%** (45.2% above the low). Trading 24% 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): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 1.17** (volatility 51%). Beta of 1.17 against the S&P/TSX Composite: the shares move roughly with the market.

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

Not investment advice.