# George Weston Limited (WN.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Consumer Defensive / Food & Staples Retailing. Price C$100.93, market value C$37.8 billion.

## Valuation
- **P/E (trailing): 42.4×** (5-yr avg 10.5×, 3-yr avg 15.3×). George Weston Limited trades at 42.4× trailing earnings, well above its own five-year average of 10.5×: investors are paying up relative to the company's past. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 18.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.6×**. Each dollar of revenue is priced at 0.6×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 10.2×**. The shares trade at 10.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 8.2×**. Enterprise value is 8.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 12.1%** (5-yr avg 32.5%). Free cash flow equals 12.1% of the market value, below its five-year average of 32.5%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 2.4%**. The inverse of the P/E: 2.4% of the price is earned each year.

## Profitability
- **Gross margin: 31.5%**. George Weston Limited keeps 31.5% of revenue after the direct cost of what it sells.
- **Operating margin: 8.3%**. 8.3% of revenue is left after running the business.
- **Net margin: 1.8%**. 1.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 21.6%**. 21.6% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 14.8%**. Return on all capital, debt included, is 14.8%.
- **Return on assets: 2.0%**. Each dollar of assets produces 2.0% of profit.

## Growth
- **Revenue growth (1 yr): 4.7%** (3-yr 4.2%/yr, 5-yr 3.9%/yr). Revenue grew 4.7% over the last year, against 3.9% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -71.3%** (3-yr -47.5%/yr, 5-yr -22.9%/yr). Earnings per share fell 71.3%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 7.5%/yr**. Free cash flow has compounded at 7.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 3.71**. Debt is 3.71 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.6×**. It would take 2.6 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 5.6×**. Operating profit covers interest 5.6× over, a safe margin.
- **Current ratio: 1.10** (quick 0.65). Current assets cover the next year's liabilities 1.10 times.
- **Altman Z-score: 2.36**. A Z-score of 2.36 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.28%** (C$1.22 per share, trailing). George Weston Limited yields 1.28%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 43%** (11% of free cash flow). 43% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 11**. 11 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 10.5%/yr** (1-yr 10.4%). The dividend has compounded at 10.5% a year over five years, doubling roughly every 7 years at that pace.
- **Shareholder yield: 7.3%**. Dividends plus net buybacks return 7.3% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover George Weston Limited; the consensus is buy, with an average price target of C$109.83 (+9% 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): 15.5%** (YTD 7.3%, 3-mo -2.2%). The shares are up 15.5% over twelve months including dividends.
- **From 52-week high: -6.5%** (21.9% 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): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): -0.02** (volatility 20%). Beta of -0.02 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.