# Home Depot CDR (CAD Hedged) (HD.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Consumer Cyclical / Specialty Retail. Price C$20.48, market value C$433.2 billion.

## Valuation
- **P/E (trailing): 22.5×** (5-yr avg 34.4×, 3-yr avg 34.4×). Home Depot CDR (CAD Hedged) trades at 22.5× trailing earnings, well below its own five-year average of 34.4×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×.
- **Price / sales: 2.6×**. Each dollar of revenue is priced at 2.6×.
- **Price / book: 24.3×**. The shares trade at 24.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 19.5×**. Enterprise value is 19.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 3.5%** (5-yr avg 2.6%). Free cash flow equals 3.5% of the market value, above its five-year average of 2.6%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 4.4%**. The inverse of the P/E: 4.4% of the price is earned each year.

## Profitability
- **Gross margin: 33.2%**. Home Depot CDR (CAD Hedged) keeps 33.2% of revenue after the direct cost of what it sells.
- **Operating margin: 12.4%**. 12.4% of revenue is left after running the business.
- **Net margin: 8.6%**. 8.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 110.5%**. A 110.5% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 20.8%**. Return on all capital, debt included, is 20.8%: comfortably above what that capital costs.
- **Return on assets: 13.5%**. Each dollar of assets produces 13.5% of profit.

## Growth
- **Revenue growth (1 yr): 3.2%** (3-yr 1.5%/yr). Revenue grew 3.2% over the last year.
- **EPS growth (1 yr): -4.6%** (3-yr -5.2%/yr). Earnings per share fell 4.6%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 3.2%/yr**. Free cash flow has compounded at 3.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 5.10**. Debt is 5.10 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.5×**. It would take 2.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 8.7×**. Operating profit covers interest 8.7× over, a safe margin.
- **Current ratio: 1.06** (quick 0.26). Current assets cover the next year's liabilities 1.06 times.
- **Altman Z-score: 5.20**. A Z-score of 5.20 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Home Depot CDR (CAD Hedged) does not currently pay a dividend, but it returned -0.1% of its market value through buybacks over the last year.

## Price and momentum
- **From 52-week high: -17.2%** (19.7% above the low). Trading 17% 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): 67**. An RSI of 67 is neutral.
- **Beta (1 yr): 0.72** (volatility 27%). Beta of 0.72 against the S&P/TSX Composite: the shares move roughly with the market.

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

Not investment advice.