# Nvidia CDR (CAD Hedged) (NVDA.TO) fundamentals

Data as of 2026-11-01. TSX, Canada. Sector: Technology / Semiconductors & Chip Equipment. Price C$45.58, market value C$6.36 trillion.

## Valuation
- **P/E (trailing): 25.8×** (5-yr avg 83.1×, 3-yr avg 58.8×). Nvidia CDR (CAD Hedged) trades at 25.8× trailing earnings, well below its own five-year average of 83.1×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×.
- **Price / sales: 21.0×**. Each dollar of revenue is priced at 21.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 19.9×**. The shares trade at 19.9× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 27.0×**. Enterprise value is 27.0× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 2.0%** (5-yr avg 1.2%). Free cash flow equals 2.0% of the market value, above its five-year average of 1.2%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 3.9%**. The inverse of the P/E: 3.9% of the price is earned each year.

## Profitability
- **Gross margin: 74.7%**. Nvidia CDR (CAD Hedged) keeps 74.7% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 65.2%**. 65.2% of revenue is left after running the business, an exceptional level.
- **Net margin: 55.6%**. 55.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 76.3%**. A 76.3% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 156.8%**. Return on all capital, debt included, is 156.8%: comfortably above what that capital costs.
- **Return on assets: 93.3%**. Each dollar of assets produces 93.3% of profit.

## Growth
- **Revenue growth (1 yr): 65.5%** (3-yr 100.0%/yr). Revenue grew 65.5% over the last year.
- **EPS growth (1 yr): 66.7%** (3-yr 204.2%/yr). Earnings per share rose 66.7%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 193.9%/yr**. Free cash flow has compounded at 193.9% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.07**. Debt is 0.07 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Nvidia CDR (CAD Hedged) holds more cash than debt.
- **Interest coverage: 426.7×**. Operating profit covers interest 426.7× over, a safe margin.
- **Current ratio: 3.91** (quick 3.24). Current assets cover the next year's liabilities 3.91 times.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.26%** (C$0.12 per share, trailing). Nvidia CDR (CAD Hedged) yields 0.26%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 1%** (5% of free cash flow). 1% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Shareholder yield: 1.1%**. Dividends plus net buybacks return 1.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): -1.5%** (YTD 7.8%, 3-mo 1.5%). The shares are down 1.5% over twelve months including dividends.
- **From 52-week high: -15.9%** (23.0% above the low). Trading 16% 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): 35**. An RSI of 35 is neutral.
- **Beta (1 yr): 0.99** (volatility 37%). Beta of 0.99 against the S&P/TSX Composite: the shares move roughly with the market.

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

Not investment advice.