# Starbucks CDR (CAD Hedged) (SBUX.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Consumer Cyclical / Hospitality & Leisure. Price C$28.58, market value C$155.8 billion.

## Valuation
- **P/E (trailing): 47.6×**. Starbucks CDR (CAD Hedged) trades at 47.6× trailing earnings. The Consumer Cyclical median in the September 2026 study was 19.5×.
- **Price / sales: 4.1×**. Each dollar of revenue is priced at 4.1×.
- **EV / EBITDA: 33.8×**. Enterprise value is 33.8× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 2.3%**. Free cash flow equals 2.3% of the market value.
- **Earnings yield: 2.1%**. The inverse of the P/E: 2.1% of the price is earned each year.

## Profitability
- **Gross margin: 22.1%**. Starbucks CDR (CAD Hedged) keeps 22.1% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 10.1%**. 10.1% of revenue is left after running the business.
- **Net margin: 5.0%**. 5.0% of each dollar of sales reaches the bottom line.
- **Return on equity: -22.9%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 16.6%**. Return on all capital, debt included, is 16.6%: comfortably above what that capital costs.
- **Return on assets: 6.2%**. Each dollar of assets produces 6.2% of profit.

## Growth
- **Revenue growth (1 yr): 2.8%** (3-yr 4.9%/yr). Revenue grew 2.8% over the last year.
- **EPS growth (1 yr): -50.7%** (3-yr -16.7%/yr). Earnings per share fell 50.7%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -1.5%/yr**. Free cash flow has compounded at -1.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Net debt / EBITDA: 4.4×**. It would take 4.4 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 7.0×**. Operating profit covers interest 7.0× over, a safe margin.
- **Current ratio: 0.72** (quick 0.51). 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: 3.38**. A Z-score of 3.38 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Starbucks CDR (CAD Hedged) does not currently pay a dividend, but it returned -0.0% of its market value through buybacks over the last year.

## Price and momentum
- **From 52-week high: -5.6%** (23.3% above the low). Trading 6% below 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): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.35** (volatility 28%). Beta of 0.35 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.