# Nestlé CDR (CAD Hedged) (NSTL.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Consumer Defensive / Food Products. Price C$25.67, market value C$111.3 billion.

## Valuation
- **P/E (trailing): 855.7×** (5-yr avg 0.9×, 3-yr avg 0.9×). Nestlé CDR (CAD Hedged) trades at 855.7× trailing earnings, well above its own five-year average of 0.9×: investors are paying up relative to the company's past. The Consumer Defensive median in the September 2026 study was 20.1×.
- **Price / sales: 0.1×**. Each dollar of revenue is priced at 0.1×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 1.7×**. Enterprise value is 1.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 132.0%**. Free cash flow equals 132.0% of the market value. Above 5% is generally attractive.
- **Earnings yield: 0.1%**. The inverse of the P/E: 0.1% of the price is earned each year.

## Profitability
- **Gross margin: 36.8%**. Nestlé CDR (CAD Hedged) keeps 36.8% of revenue after the direct cost of what it sells.
- **Operating margin: 18.6%**. 18.6% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 8.7%**. 8.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 814.2%**. A 814.2% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 30.4%**. Return on all capital, debt included, is 30.4%: comfortably above what that capital costs.
- **Return on assets: 14.1%**. Each dollar of assets produces 14.1% of profit.

## Growth
- **Revenue growth (1 yr): 26.0%** (3-yr 39.3%/yr). Revenue grew 26.0% over the last year.
- **EPS growth (1 yr): 163.8%** (3-yr 28.9%/yr). Earnings per share rose 163.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 36.95**. Debt is 36.95 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.3×**. It would take 1.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 2.8×**. Operating profit covers interest 2.8×, thin but manageable.
- **Current ratio: 0.78** (quick 0.30). 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: 2.29**. A Z-score of 2.29 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

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

## Price and momentum
- **Total return (1 yr): 12.0%** (YTD 9.8%, 3-mo 3.0%). The shares are up 12.0% over twelve months including dividends.
- **From 52-week high: -1.1%** (18.3% above the low). Trading within 5% of 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): 65**. An RSI of 65 is neutral.
- **Beta (1 yr): 0.02** (volatility 22%). Beta of 0.02 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.