# Alphabet CDR (CAD Hedged) (GOOG.TO) fundamentals

Data as of 2026-11-01. TSX, Canada. Sector: Communication Services / Internet Media & Services. Price C$44.24, market value C$4.47 trillion.

## Valuation
- **P/E (trailing): 14.7×** (5-yr avg 32.8×, 3-yr avg 34.7×). Alphabet CDR (CAD Hedged) trades at 14.7× trailing earnings, well below its own five-year average of 32.8×: cheap by its own standards. The Communication Services median in the September 2026 study was 21.1×.
- **Price / sales: 9.5×**. Each dollar of revenue is priced at 9.5×.
- **Price / book: 7.1×**. The shares trade at 7.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 13.8×**. Enterprise value is 13.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 0.4%** (5-yr avg 2.6%). Free cash flow equals 0.4% of the market value, below its five-year average of 2.6%, so the shares are pricier on cash than usual.
- **Earnings yield: 6.8%**. The inverse of the P/E: 6.8% of the price is earned each year.

## Profitability
- **Gross margin: 60.9%**. Alphabet CDR (CAD Hedged) keeps 60.9% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 33.3%**. 33.3% of revenue is left after running the business, an exceptional level.
- **Net margin: 32.8%**. 32.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 31.8%**. 31.8% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 37.0%**. Return on all capital, debt included, is 37.0%: comfortably above what that capital costs.
- **Return on assets: 39.6%**. Each dollar of assets produces 39.6% of profit.

## Growth
- **Revenue growth (1 yr): 15.1%** (3-yr 12.5%/yr). Revenue grew 15.1% over the last year.
- **EPS growth (1 yr): 34.5%** (3-yr 33.3%/yr). Earnings per share rose 34.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 6.9%/yr**. Free cash flow has compounded at 6.9% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.14**. Debt is 0.14 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Alphabet CDR (CAD Hedged) holds more cash than debt.
- **Interest coverage: 51.0×**. Operating profit covers interest 51.0× over, a safe margin.
- **Current ratio: 2.01** (quick 2.01). Current assets cover the next year's liabilities 2.01 times.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.31%** (C$0.14 per share, trailing). Alphabet CDR (CAD Hedged) yields 0.31%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 8%** (54% of free cash flow). 8% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.

## Price and momentum
- **Total return (1 yr): -3.3%** (YTD -12.8%, 3-mo -22.1%). The shares are down 3.3% over twelve months including dividends.
- **From 52-week high: -31.0%** (1.2% above the low). Trading 31% 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): 21**. An RSI of 21 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 0.74** (volatility 33%). Beta of 0.74 against the S&P/TSX Composite: the shares move roughly with the market.

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

Not investment advice.