# Constellation Brands CDR (CAD Hedged) (STZ.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Consumer Defensive / Beverages. Price C$10.84, market value C$30.4 billion.

## Valuation
- **P/E (trailing): 12.6×** (5-yr avg 21.3×, 3-yr avg 21.3×). Constellation Brands CDR (CAD Hedged) trades at 12.6× trailing earnings, well below its own five-year average of 21.3×: cheap by its own standards. The Consumer Defensive median in the September 2026 study was 20.1×.
- **Price / sales: 3.3×**. Each dollar of revenue is priced at 3.3×.
- **Price / book: 1.8×**. The shares trade at 1.8× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.9×**. Enterprise value is 12.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 6.0%** (5-yr avg 5.0%). Free cash flow equals 6.0% of the market value, above its five-year average of 5.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 7.9%**. The inverse of the P/E: 7.9% of the price is earned each year.

## Profitability
- **Gross margin: 52.7%**. Constellation Brands CDR (CAD Hedged) keeps 52.7% of revenue after the direct cost of what it sells.
- **Operating margin: 31.9%**. 31.9% of revenue is left after running the business, an exceptional level.
- **Net margin: 18.5%**. 18.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 20.9%**. 20.9% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 12.4%**. Return on all capital, debt included, is 12.4%.
- **Return on assets: 8.8%**. Each dollar of assets produces 8.8% of profit.

## Growth
- **Revenue growth (1 yr): -10.5%** (3-yr -1.1%/yr). Revenue fell 10.5% over the last year.
- **EPS growth (1 yr): 2235.6%**. Earnings per share rose 2235.6%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 1.4%/yr**. Free cash flow has compounded at 1.4% a year over three years.

## Financial health
- **Debt to equity: 1.39**. Debt is 1.39 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 3.4×**. It would take 3.4 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 8.5×**. Operating profit covers interest 8.5× over, a safe margin.
- **Current ratio: 1.08** (quick 0.55). Current assets cover the next year's liabilities 1.08 times.
- **Altman Z-score: 2.70**. A Z-score of 2.70 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Constellation Brands CDR (CAD Hedged) does not currently pay a dividend, but it returned 2.5% of its market value through buybacks over the last year.

## Price and momentum
- **From 52-week high: -19.1%** (23.9% above the low). Trading 19% 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): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.11** (volatility 34%). Beta of 0.11 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.