# StorageVault Canada Inc. (SVI.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Real Estate / Real Estate Development & Services. Price C$4.13, market value C$1.5 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). StorageVault Canada Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 4.2×**. Each dollar of revenue is priced at 4.2×.
- **Price / book: 21.3×**. The shares trade at 21.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 19.5×**. Enterprise value is 19.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 7.3%** (5-yr avg 5.0%). Free cash flow equals 7.3% 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.

## Profitability
- **Gross margin: 65.8%**. StorageVault Canada Inc. keeps 65.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 23.4%**. 23.4% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: -3.7%**. The company reported a net loss over the last twelve months.
- **Return on equity: -12.7%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 3.4%**. Return on all capital, debt included, is 3.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.7%**. Each dollar of assets produces -1.7% of profit.

## Growth
- **Revenue growth (1 yr): 10.0%** (3-yr 8.6%/yr). Revenue grew 10.0% over the last year.
- **EPS growth (1 yr): 58.0%**. Earnings per share rose 58.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 13.5%/yr**. Free cash flow has compounded at 13.5% a year over three years.

## Financial health
- **Debt to equity: 22.58**. Debt is 22.58 times equity, a leveraged balance sheet, which is normal for real estate.
- **Net debt / EBITDA: 11.6×**. It would take 11.6 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 0.7×**. Operating profit covers interest only 0.7×: fragile.
- **Current ratio: 1.22** (quick 1.22). Current assets cover the next year's liabilities 1.22 times.
- **Altman Z-score: 0.69**. A Z-score of 0.69 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.29%** (C$0.01 per share, trailing). StorageVault Canada Inc. yields 0.29%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 10**. 10 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover StorageVault Canada Inc.; the consensus is buy, with an average price target of C$5.51 (+34% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -16.6%** (YTD -14.0%, 3-mo -16.4%). The shares are down 16.6% over twelve months including dividends.
- **From 52-week high: -23.4%** (3.2% above the low). Trading 23% 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): 0.44** (volatility 24%). Beta of 0.44 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.