# Oracle CDR (CAD Hedged) (ORAC.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Technology / Software. Price C$6.20, market value C$74.6 billion.

## Valuation
- **P/E (trailing): 20.0×** (5-yr avg 7.6×, 3-yr avg 7.6×). Oracle CDR (CAD Hedged) trades at 20.0× trailing earnings, well above its own five-year average of 7.6×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 5.3×**. Enterprise value is 5.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -38.5%** (5-yr avg -18.4%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 5.0%**. The inverse of the P/E: 5.0% of the price is earned each year.

## Profitability
- **Gross margin: 64.0%**. Oracle CDR (CAD Hedged) keeps 64.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 34.2%**. 34.2% of revenue is left after running the business, an exceptional level.
- **Net margin: 25.4%**. 25.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 40.2%**. 40.2% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 12.8%**. Return on all capital, debt included, is 12.8%.
- **Return on assets: 7.2%**. Each dollar of assets produces 7.2% of profit.

## Growth
- **Revenue growth (1 yr): 17.3%** (3-yr 10.5%/yr). Revenue grew 17.3% over the last year.
- **EPS growth (1 yr): 34.3%** (3-yr 23.8%/yr). Earnings per share rose 34.3%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 3.67**. Debt is 3.67 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 3.3×**. It would take 3.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 4.8×**. Operating profit covers interest 4.8× over, a safe margin.
- **Current ratio: 1.12** (quick 1.12). Current assets cover the next year's liabilities 1.12 times.
- **Altman Z-score: 1.00**. A Z-score of 1.00 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Oracle CDR (CAD Hedged) does not currently pay a dividend, but it returned -28.6% of its market value through buybacks over the last year.

## Price and momentum
- **From 52-week high: -50.2%** (9.3% above the low). Trading 50% 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): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 1.74** (volatility 59%). Beta of 1.74 against the S&P/TSX Composite: the shares move much more than the market.

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

Not investment advice.