# Winpak Ltd. (WPK.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Consumer Cyclical / Distributors. Price C$44.44, market value C$2.7 billion.

## Valuation
- **P/E (trailing): 13.9×** (5-yr avg 19.2×, 3-yr avg 18.3×). Winpak Ltd. trades at 13.9× trailing earnings, well below its own five-year average of 19.2×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 12.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.7×**. Each dollar of revenue is priced at 1.7×.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 6.7×**. Enterprise value is 6.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 4.4%** (5-yr avg 3.1%). Free cash flow equals 4.4% of the market value, above its five-year average of 3.1%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 7.2%**. The inverse of the P/E: 7.2% of the price is earned each year.

## Profitability
- **Gross margin: 30.3%**. Winpak Ltd. keeps 30.3% of revenue after the direct cost of what it sells.
- **Operating margin: 15.5%**. 15.5% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 12.2%**. 12.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.8%**. 10.8% on shareholders' equity is solid.
- **Return on invested capital: 13.7%**. Return on all capital, debt included, is 13.7%.
- **Return on assets: 8.8%**. Each dollar of assets produces 8.8% of profit.

## Growth
- **Revenue growth (1 yr): 1.3%** (3-yr -1.0%/yr, 5-yr 6.1%/yr). Revenue grew 1.3% over the last year, against 6.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -2.6%** (3-yr 5.1%/yr, 5-yr 6.9%/yr). Earnings per share fell 2.6%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 54.3%/yr**. Free cash flow has compounded at 54.3% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.02**. Debt is 0.02 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Winpak Ltd. holds more cash than debt.
- **Interest coverage: 61.2×**. Operating profit covers interest 61.2× over, a safe margin.
- **Current ratio: 6.34** (quick 4.49). Current assets cover the next year's liabilities 6.34 times.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.45%** (C$0.20 per share, trailing). Winpak Ltd. yields 0.45%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 102%** (8% of free cash flow). The dividend exceeds earnings (102% payout), though free cash flow still covers it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 92.8%/yr** (1-yr 2185.7%). The dividend has compounded at 92.8% a year over five years, doubling roughly every 1 years at that pace.

## Price and momentum
- **Total return (1 yr): 6.5%** (YTD -0.0%, 3-mo 8.8%). The shares are up 6.5% over twelve months including dividends.
- **From 52-week high: -14.9%** (14.1% above the low). Trading 15% 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): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 0.39** (volatility 20%). Beta of 0.39 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.