Sienna Senior Living Inc

Sound bite for Twitter and StockTwits is: Dividend Paying Health Case. Results of stock price testing is that the stock price is the stock price is probably still reasonable. Debt Ratios need improving. The Dividend Payout Ratios (DPR) are passible. The current dividend yield is good with dividend growth stopped. See my spreadsheet on Sienna Senior Living Inc.

Is it a good company at a reasonable price? This would not be a stock I personally would pick. I do not like their debt level. I would rather have a lower yield and some dividend increases. A reason to buy would be for passive income. This stock is testing at a reasonable price.

I do not own this stock of Sienna Senior Living Inc (TSX-SIA, OTC-LWSCF). When I looked in Stock Chase about Chartwell, Greg Newman; Director & Portfolio Manager, Scotia Wealth Management said he liked Sienna Senior Living Better, so I investigated it.

When I was updating my spreadsheet, I noticed Liquidity Ratio has been awful. A Liquidity Ratio below 1.00 means that the company cannot cover current expenditures. Recently they have had an infusion of cash, but this seems to be because they sold more shares.

If you had invested in this company in December 2013, for $1,004.96 you would have bought 88 shares at $11.42 per share. In December 2023, after 10 years you would have received $807.31 in dividends. The stock would be worth $1,011.12. Your total return would have been $1,818.43. This would be a total return of 8.05% per year with 0.06% from capital gain and 7.98% from dividends.

Cost	Tot. Cost	Shares	Years	Dividends	Stock Val	Tot Ret
$11.42	$1,004.96	88	44	$807.31	$1,011.12	$1,818.43

The current dividend yield is good with dividend growth stopped. The current dividend yield is good (5% to 6% ranges) at 5.64%. The 5, 10 and historical median dividend yields are also good at 6.54%, 5.96% and 6.76%. They had increased the dividends occasionally in the past. However, there has been no increase since 2020. The 5 year dividend increase per year is just 0.65%.

The Dividend Payout Ratios (DPR) are passible. The DPR for 2023 for Earnings per Share (EPS) is far too high at 936% with 5 year coverage at 1561%. The DPR for 2023 for Adjusted Funds from Operations (AFFO) is fine at 91% with 5 year coverage at 87%. The DPR for 2023 for Funds from Operations (FFO) is fine at 83% with 5 year coverage at 84%. The DPR for 2023 for Cash Flow per Share (CFPS) is fine at 45% with 5 year coverage good at 37%. The DPR for 2023 for Free Cash Flow (FCF) is too high at 160% with 5 year coverage at 63%. There is no agreement on what the FCF is.

Item	Cur	5 Years
EPS	936.00%	1561.20%
AFFO	90.87%	86.50%
FFO	83.20%	83.93%
CFPS	44.93%	37.17%
FCF	159.55%	63.36%

Debt Ratios need improving. The Long Term Debt/Market Cap Ratio for 2023 is high at 0.90 and currently at 0.66. However, we need also to look at the Long Term Debt/Covering Assets Ratio for 2023 which is good at 0.72 and currently at 0.66 because this is a more important one for a Real Estate type company. The Liquidity Ratio for 2023 is awful at 0.12 and 0.43 currently. If you added in Cash Flow after dividends, the ratios are still awful at 0.32 and currently at 0.64. If you add back the current portion of the debt, they are still awful for 2023 at 0.65 and barely acceptable at 1.09 currently. Basically, current assets cannot cover current liabilities.

The Debt Ratio for 2023 is too low at 1.28 and 1.35 currently. I prefer them to be 1.50 or higher. The Leverage and Debt/Equity Ratios for 2023 are far too high at 4.54 and 3.54 and currently at 3.89 and 2.89. These ratios should be below 3.00 and 2.00.

Type	Year End	Ratio Curr
Lg Term R	0.90	0.66
Lg Term R A	0.72	0.66
Intang/GW	0.43	0.30
Liquidity	0.12	0.43
Liq. + CF	0.32	0.64
Liq. + CF +D	0.65	1.09
Debt Ratio	1.28	1.35
Leverage	4.54	3.89
D/E Ratio	3.54	2.89

The Total Return per year is shown below for years of 5 to 14 to the end of 2023. Under the Capital Gain column is the portion of the Total Return attributable to capital gains. Under the Dividend column is the portion of the Total Return attributable to dividends. See chart below.

From	Years	Div. Gth	Tot Ret	Cap Gain	Div.
2018	5	0.65%	0.59%	-6.10%	6.70%
2013	10	0.39%	8.05%	0.06%	7.98%
2009	14	1.73%	9.90%	1.31%	8.59%

The 5-year low, median, and high median Price/Earnings per Share Ratios are 71.54, 88.52 and 105.50. The corresponding 10 year ratios are 61.81, 69.97 and 78.13. The corresponding historical ratios are 39.91, 43.94 and 47.97. The current ratio is 31.32 based on a stock price of $16.60 and EPS estimate for 2024 of $0.53. The current ratio is below the low ratio of the 10 year median ratios. This stock price testing suggests that the stock price is relatively cheap.

I also have Adjusted Funds from Operations (AFFO) data. The 5-year low, median, and high median Price/ Adjusted Funds from Operations Ratios are 11.26, 13.72 and 15.48. The corresponding 10 year ratios are 10.49, 11.93 and 12.97. The current ratio is 12.77 based on a stock price of $16.60 and AFFO estimate for 2024 of $1.30. The current ratio is between the median and high ratios of the 10 year median ratios. This stock price testing suggests that the stock price is relatively reasonable but above the median.

I also have Funds from Operations (FFO) data. The 5-year low, median, and high median Price/ Funds from Operations Ratios are 11.05, 13.05 and 14.69. The corresponding 10 year ratios are 11.13, 13.01 and 14.23. The current ratio is 11.45 based on a stock price of $16.60 and FFO estimate for 2024 of $1.45. The current ratio is between the low and median ratios of the 10 year median ratios. This stock price testing suggests that the stock price is relatively reasonable and below the median.

I get a Graham Price of $14.82. The 10-year low, median, and high median Price/Graham Price Ratios are 0.97, 1.16 and 1.29. The current ratio is 1.12 based on a stock price of $16.60. This ratio is between the low and median ratios of the 10 year median ratios. This stock price testing suggests that the stock price is relatively reasonable and below the median.

I get a 10-year median Price/Book Value per Share Ratio of 2.30. The current P/B Ratio is 2.47 based on a Book Value of $491M, Book Value per Share of $6.73 and a stock price of $16.60. The current ratio is 7% above the 10 year median ratio. This stock price testing suggests that the stock price is relatively reasonable but above the median.

I get a 10-year median Price/Cash Flow per Share Ratio of 13.34. The current ratio is 7.39 based on Cash Flow for the last 12 months of $164M, Cash flow per share 2.25 and a stock price of $16.60. The current ratio is 45% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap.

I get an historical median dividend yield of 6.76%. The current dividend yield is 5.64% based on a stock price of $16.60 and dividends of $0.936. The current dividend yield is 17% above the historical median dividend yield. This stock price testing suggests that the stock price is relatively reasonable but above the median. A problem with this test is that the stock is not a dividend growth stock.

I get a 10 year median dividend yield of 5.96%. The current dividend yield is 5.64% based on a stock price of $16.60 and dividends of $0.936. The current dividend yield is 5% below the 10 year median dividend yield. This stock price testing suggests that the stock price is relatively reasonable but above the median. A problem with this test is that the stock is not a dividend growth stock.

The 10-year median Price/Sales (Revenue) Ratio is 1.47. The current P/S Ratio is 1.38 based on Revenue estimate for 2024 of $880M, Revenue per Share of $12.06 and a stock price of $16.60. The current ratio is 6% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively reasonable and below the median.

Results of stock price testing is that the stock price is the stock price is probably still reasonable. The dividend yield tests say that the stock price is reasonable but above the median. The P/S Ratio test says that the stock price is reasonable but below the median. Most of the rest of the testing is showing the stock price as reasonable and above or below the median.

When I look at analysts’ recommendations, I find Strong Buy (2), Buy (4) and Hold (2). The current consensus would be a Buy. The 12 month stock price consensus is $18.94 with a high of 20.00 and low of $18.00. The consensus stock price of $18.94 implies a total return of 19.73% with 14.10% from capital gains and 5.64% from dividends.

Analysts on Stock Chase for 2024 give two Do Not Buy, one Hold and one Buy. Worries are there is not much room for capital gains for the future and labour costs are going to be higher in the future. Stock Chase gives this stock 3 stars out of 5. Amy Legate-Wolfe on Motley Fool says to buy for passive income. Jitendra Parashar on Motley Fool says buy for stable monthly income. The company put out a press release via The Canadian Press about their fourth quarter of 2024. The company put out a press release via The Canadian Press about their third quarter of 2024.

Simply Wall Street via Yahoo Finance put out a report on this company and its dividends. Simply Wall Street has 3 warnings on this stock of interest payments are not well covered by earnings; dividend of 5.64% is not well covered by earnings or free cash flows; and shareholders have been diluted in the past year. Simply Wall Street gives this stock one and one half stars out of 5.

Sienna Senior Living Inc is an owner of seniors' housing, a licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. Its web site is here Sienna Senior Living Inc.

The last stock I wrote about was about was Chartwell Retirement Residences (TSX-CSH.UN, OTC-CWSRF) ... learn more. The next stock I will write about will be Bird Construction Inc (TSX-BDT, OTC-BIRDF) ... learn more on Friday, December 13, 2024 around 5 pm. Tomorrow on my other blog I will write about Robin E. Speziale .... learn more on Thursday, December 12, 2024 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Chartwell Retirement Residences

Sound bite for Twitter and StockTwits is: Dividend Paying Health Case. Results of stock price testing is that the stock price is probably expensive. Debt Ratios could stand with improvement. The Dividend Payout Ratios (DPR) are too high. The current dividend yield is moderate with dividend growth is currently non-existent. See my spreadsheet on Chartwell Retirement Residences.

Is it a good company at a reasonable price? I do not like to debt ratios. That is one reason I would personally not buy this stock. I prefer stocks with low yield and good increases. This stock has a high yield and low increases and they have currently stopped increasing the dividends. It is never a good sign when dividend increase stop. A reason to buy is for passive income. I know the analyst’s recommendation is a Buy, but generally speaking, analysts’ recommendations are always a buy. My stock price testing is showing the stock as relatively expensive.

I do not own this stock of Chartwell Retirement Residences (TSX-CSH.UN, OTC-CWSRF). I saw this stock on a dividend investing blog and looked it up on Stock Chase.

When I was updating my spreadsheet, I noticed that this stock has not increased its dividends for the past 5 years. This is never a good sign. Analysts do not see any increases in the near future.

If you had invested in this company in December 2013, for $1,008.80 you would have bought 104 shares at $9.70 per share. In December 2023, after 10 years you would have received $608.03 in dividends. The stock would be worth $1,218.88. Your total return would have been $1,826.91. This would be a total return of 7.45% per year with 1.91% from capital gain and 5.54% from dividends.

Cost	Tot. Cost	Shares	Years	Dividends	Stock Val	Tot Ret
$9.70	$1,008.80	104	10	$608.03	$1,218.88	$1,826.91

The current dividend yield is moderate with dividend growth is currently non-existent. The current dividend yield is moderate (2% to 4% ranges) at 3.79%. The 5 year and historical median dividend yields are good (5% to 6% ranges) at 5.70% and 5.82%. The 10 year median dividend yield is moderate at 4.80%. The dividend growth over the past 5 years is low (below 8%) at just 0.91%. Dividends have not increased since 2020.

The Dividend Payout Ratios (DPR) are too high. The DPR for 2023 for Earnings per Share (EPS) is far too high at 114% with 5 year coverage at 351%. The DPR for 2023 for Adjusted Funds from Operations (AFFO) is too high at 125% with 5 year coverage at 100%. The DPR for 2023 for Funds from Operations (FFO) is too high at 111% with 5 year coverage is fine at 91%. The DPR for 2023 for Cash Flow per Share (CFPS) is too high at 70% with 5 year coverage at 57%. The DPR for 2023 for Free Cash Flow (FCF) is too high at 482% with 5 year coverage at 796%. There is no agreement on what FCF is.

Item	Cur	5 Years
EPS	113.95%	351.11%
AFFO	124.90%	100.07%
FFO	111.27%	90.81%
CFPS	69.52%	56.88%
FCF	482.02%	796.13%

Debt Ratios could stand with improvement. The Long Term Debt/Covering Assets Ratio for 2023 is good at 0.44 and currently at 0.43. The Liquidity Ratio for 2023 is awful at 0.45 and 0.38 currently. If you added in Cash Flow after dividends, the ratios are still awful at 0.58 and currently at 0.59. If you added back the current portion of the long term debt, it is barely acceptable at 1.29 and currently at 1.31. The Debt Ratio for 2023 is low at 1.32 and 1.40currently. The Leverage and Debt/Equity Ratios for 2023 are too high at 4.09 and 3.09 and currently at 3.50 and 2.50.

Type	Year End	Ratio Curr
Lg Term R	0.56	0.46
Lg Term R A	0.44	0.43
Intang/GW	0.01	0.01
Liquidity	0.45	0.38
Liq. + CF	0.58	0.59
Liq. + CF+D	1.29	1.31
Debt Ratio	1.32	1.40
Leverage	4.09	3.50
D/E Ratio	3.09	2.50

The Total Return per year is shown below for years of 5 to 20 to the end of 2023. Under the Capital Gain column is the portion of the Total Return attributable to capital gains. Under the Dividend column is the portion of the Total Return attributable to dividends. See chart below.

From	Years	Div. Gth	Tot Ret	Cap Gain	Div.
2018	5	0.91%	1.69%	-3.03%	4.72%
2013	10	1.26%	7.45%	1.91%	5.54%
2008	15	-1.94%	13.82%	5.51%	8.31%
2003	20	-2.91%	5.91%	-0.22%	6.13%

The 5-year low, median, and high median Price/Earnings per Share Ratios are 98.85, 153.81 and 208.77. The corresponding 10 year ratios are 154.80, 172.18 and 200.59. The corresponding historical ratios are 6.12, 5.73 and 6.25. The current ratio is 134.50 based on a stock price of $16.14 and EPS estimate for 2024 of $0.12. This ratio is below the low ratio of the 10 year median ratios. This stock price testing suggests that the stock price is relatively cheap. The 5 and 10 year ratios are very high because of low positive earnings. The historical ones are very low because there were lots of years of negative ratios due to earnings losses. Not a good test of anything.

I have Adjusted Funds from Operations (AFFO) data. The 5-year low, median, and high median Price/ Adjusted Funds from Operations Ratios are 16.32, 20.35 and 23.92. The corresponding 10 year ratios are 15.95, 17.38 and 19.09. The current P/AFFO ratio is 23.39 based on a stock price of $16.14 and AFFO estimate for 2024 of 0.69. The current ratio is above the high ratio of the 10 year median ratio. This stock price testing suggests that the stock price is relatively expensive.

I have Funds from Operations (AFFO) data. The 5-year low, median, and high median Price/ Funds from Operations Ratios are 14.95, 18.13 and 21.31. The corresponding 10 year ratios are 14.71, 16.28 and 17.92. The current P/FFO ratio is 21.81 based on a stock price of $16.14 and FFO estimate for 2024 of 0.74. The current ratio is above the high ratio of the 10 year median ratio. This stock price testing suggests that the stock price is relatively expensive.

I get a Graham Price of $8.63. The 10-year low, median, and high median Price/Graham Price Ratios are 1.35, 1.57 and 1.75. The current ratio is 1.87 based on a stock price of $16.14. The current ratio is above the high ratio of the 10 year median ratio. This stock price testing suggests that the stock price is relatively expensive.

I get a 10-year median Price/Book Value per Share Ratio of 3.20. The current ratio is 3.61 based on a stock price of $16.14, Book Value of $1,068M and Book Value per Share of $4.47. The current ratio is 13% above the 10 year median ratio. This stock price testing suggests that the stock price is relatively reasonable but above the median.

I get a 10-year median Price/Cash Flow per Share Ratio of 16.42. The current ratio is 18.98 based on Cash Flow for the last 12 months of $203M, Cash Flow per Share of $0.85 and a stock price of $16.14. The current ratio is 16% above the 10 year median ratio. This stock price testing suggests that the stock price is relatively reasonable but above the median.

I get an historical median dividend yield of 5.82%. The current dividend yield is 3.79% based on dividends of $0.612 and a stock price of $16.14. The current dividend is 35% below the historical median dividend yield. This stock price testing suggests that the stock price is relatively expensive.

I get a 10 year median dividend yield of 4.80%. The current dividend yield is 3.79% based on dividends of $0.612 and a stock price of $16.14. The current dividend is 20.9% below the historical median dividend yield. This stock price testing suggests that the stock price is relatively expensive.

The 10-year median Price/Sales (Revenue) Ratio is 3.33. The current P/S Ratio is 4.08 based on Revenue estimate for 2024 of $944M, Revenue per Share of $3.95 and a stock price of $16.14. The current ratio is 22% above the 10 year median ratio. This stock price testing suggests that the stock price is relatively expensive.

Results of stock price testing is that the stock price is probably expensive. The dividend yields tests say this. It is confirmed by the P/S Ratio test. Most of the other tests are saying the same thing.

When I look at analysts’ recommendations, I find Strong Buy (3), Buy (4). The consensus is a Strong Buy. The 12 months stock price is $18.14 with a high of $19.00 and low of $17.00. The consensus stock price of $18.14 implies a total return of 16.18% with 12.39% from capital gains and 3.79% from dividends.

Lots of analysts in 2024 on Stock Chase like this stock and say it is a buy. However, there are some Holds and a couple of Do Not Buys. Stock Chase gives this stock 5 stars out of 5. Amy Legate-Wolfe on Motley Fool thinks you should buy for passive income. Chris MacDonald on Motley Fool thinks you should buy because of massive demand for Senior Housing. The company put out a press release on Newswire about their fourth quarter of 2023. The company put out a press release via Newswire about their third quarter of 2024.

Simply Wall Street via Yahoo Finance reviews this stock. They give 4 warnings of interest payments are not well covered by earnings; significant insider selling over the past 3 months; shareholders have been diluted in the past year; and dividend of 3.78% is not well covered by earnings. Simply Wall Street gives this stock 2 and one half stars out of 5.

Chartwell Retirement Residences is an unincorporated open-ended real estate trust that is engaged in the ownership, operations, and management of retirement residences and long-term care homes in Canada. The company generates key revenue from retirement operations which include retirement residences that the company owns and operates in Canada. The retirement residences provide services to residents at rates set by Chartwell based on the services provided and market conditions. Its web site is here Chartwell Retirement Residences.

The last stock I wrote about was about was Richards Packaging Income Fund (TSX-RPI.UN, OTC-RPKIF) ... learn more. The next stock I will write about will be Sienna Senior Living Inc (TSX-SIA, OTC-LWSCF) ... learn more on Tuesday, December 11, 2024 around 5 pm. Tomorrow on my other blog I will write about Best Charities in Canada for 2024.... learn more on Tuesday, December 10, 2024 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Richards Packaging Income Fund

Sound bite for Twitter and StockTwits is: Dividend Paying Consumer. Results of stock price testing is that the stock price is probably cheap. Debt Ratios are good. The Dividend Payout Ratios (DPR) are fine. The current dividend yield is moderate with dividend growth non-existent. See my spreadsheet on Richards Packaging Income Fund.

Is it a good company at a reasonable price? This stock is not well followed. There seems to be only 1 analyst following it currently. He thinks that the stock is going to do well in the future. The company admits that they have problems due to the oversupply in the food and beverage market, but they are hopeful for the future. I suggest caution. The stock price does seem to be cheap at this time.

I do not own this stock of Richards Packaging Income Fund (TSX-RPI.UN, OTC-RPKIF). A member of one of my investment clubs suggested this stock.

When I was updating my spreadsheet, I noticed that this company seemed to have hit a peak in 2020 and since then Revenue, Earnings and Cash Flow has declined. Analyst think that Revenue, Earnings and Cash Flow will also decline this year. They had stopped growing their dividends in 2018. Investors that invested 5 years ago would have made on 4.17% on their investment with a 0.20% capital loss and 4.37% in dividends. This is very different from investors who invested 10 years ago.

If you had invested in this company in December 2013, for $1,009.92 you would have bought 96 shares at $10.52 per share. In December 2023, after 10 years you would have received $1,292.54 in dividends. The stock would be worth $3,326.40. Your total return would have been $4,588.94. This would be a total return of 19.99% per year with 12.66% from capital gain and 7.33% from dividends.

Cost	Tot. Cost	Shares	Years	Dividends	Stock Val	Tot Ret
$10.52	$1,009.92	96	10	$1,262.54	$3,326.40	$4,588.94

The current dividend yield is moderate with dividend growth non-existent. The current dividend yield is moderate (2% to 4% ranges) at 4.43%. The 5 and 10 year median dividend yields are also moderate at 2.60% and 3.59%. The historical median dividend yield is good (5% to 6% ranges) at 6.21%.

The Dividend Payout Ratios (DPR) are fine. The DPR for 2023 for Earnings per Share (EPS) is fine at 61% with 5 year coverage good at 23%. The DPR for 2023 for Adjusted Earnings per Share (AEPS) is fine at 54% with 5 year coverage at 51%. The DPR for 2023 for Cash Flow per Share (CFPS) is good at 39% with 5 year coverage at 30%. The DPR for 2023 for Free Cash Flow (FCF) is fine at 53% with 5 year coverage good at 30%. (There is disagreement on what the FCF is.)

Item	Cur	5 Years
EPS	61.46%	23.33%
AEPS	54.49%	50.70%
CFPS	39.38%	30.34%
FCF	52.74%	35.21%

Debt Ratios are good. The Long Term Debt/Market Cap Ratio for 2023 is good at 0.05 and currently at 0.01. The Liquidity Ratio for 2023 is good at 1.67 and 1.63 currently. The Debt Ratio for 2023 is good at 2.30 and 2.54 currently. The Leverage and Debt/Equity Ratios for 2023 are good at 1.77 and 0.77 and currently at 1.65 and 0.65.

Type	Year End	Ratio Curr
Lg Term R	0.05	0.01
Intang/GW	0.35	0.42
Liquidity	1.67	1.63
Liq. + CF	2.16	1.87
Debt Ratio	2.30	2.54
Leverage	1.77	1.65
D/E Ratio	0.77	0.65

The Total Return per year is shown below for years of 5 to 19 to the end of 2023. Under the Capital Gain column is the portion of the Total Return attributable to capital gains. Under the Dividend column is the portion of the Total Return attributable to dividends. See chart below.

From	Years	Div. Gth	Tot Ret	Cap Gain	Div.
2018	5	0.00%	4.17%	-0.20%	4.37%
2013	10	5.32%	19.99%	12.66%	7.33%
2008	15	1.09%	20.56%	12.53%	8.03%
2004	19	3.71%	12.48%	6.28%	6.21%

The 5-year low, median, and high median Price/Earnings per Share Ratios are 9.84, 12.61, 17.85. The corresponding 10 year ratios are 13.75, 16.08 and 18.68. The corresponding historical ratios are 12.90, 15.40 and 17.92. The current P/E Ratio is 9.20 based on a stock price of $29.81 and EPS estimate for 2024 of 3.24. The current ratio is below the low ratio of the 10 year median ratios. This stock price testing suggests that the stock price is cheap.

I also have Adjusted Earnings per Share (AEPS) data. The 5-year low, median, and high median Price/Adjusted Earnings per Share Ratios are 13.04, 15.45 and 18.99. The corresponding 10 year ratios are 13.98, 16.47 and 19.38. The current Ratio is 9.20 based on a stock price of $29.81 and AEPS estimate for 2024 of $3.24. This stock price testing suggests that the stock price is relatively cheap.

I get a Graham Price of $35.20. The 10-year low, median, and high median Price/Graham Price Ratios are 1.38, 1.62 and 1.89. The current P/GP Ratio is 0.85 based on a stock price of $29.81. This ratio is below the low ratio of the 10 year median ratios. This stock price testing suggests that the stock price is relatively cheap.

I get a 10-year median Price/Book Value per Share Ratio of 3.54. The current ratio is 1.75 based on a Book Value of $194M, Book Value per Share of $17.00 and a stock price of $29.81. The current ratio is 50% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap.

I get a 10-year median Price/Cash Flow per Share Ratio of 11.11. The current P/CF Ratio is 6.10 based on Cash Flow for the last 12 months of $55.80, Cash Flow per Share of 4.89 and a stock price of $29.81. The current ratio is 45% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap.

I get an historical median dividend yield of 6.21%. The current dividend yield is 4.43% based on dividends of $1.61 and a stock price of $29.81. The current dividend yield is 29% below the historical median dividend yield. This stock price testing suggests that the stock price is relatively expensive.

I get a 10 year median dividend yield of 3.59%. The current dividend yield is 4.43% based on dividends of $1.61 and a stock price of $29.81. The current dividend yield is 23% above the 10 year median dividend yield. This stock price testing suggests that the stock price is relatively cheap.

The 10-year median Price/Sales (Revenue) Ratio is 1.19. The current P/S Ratio is 0.85 based on Revenue of $401.3M Revenue per share of $35.15 and a stock price of $29.81. The current ratio is 29% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap.

Results of stock price testing is that the stock price is probably cheap. The 10 year dividend yield test says so. It is confirmed by the P/S Ratio test. Most of the rest of the testing is pointing at the stock price being cheap.

When I look at analysts’ recommendations, I find Strong Buy (1). The consensus would be a Strong Buy. The 12 month stock price consensus is $40.00 with a high of $40.00 and low of $40.00. There seems to be only 1 analyst following this stock. The stock price consensus of $40.00 implies a total return of 38.61% with 34.18% from capital gains and 4.43% from dividends.

There was only one analyst on Stock Chase following this stock in 2024 and he suggested a stop at $31.00. Stock did go below that. Stock Chase gives this stock 4 stars out of 5. Amy Legate-Wolfe on Motley Fool thinks this is a steady and reliable company to have. Aditya Raghunath on Motley Fool thinks you have pay this stock for passive income. The company put out a press release on Newswire about their 2023 results. The company put out a press release via Newswire about their third quarter results for 2024.

Simply Wall Street via Yahoo Finance reviews this stock. They wonder if there here might be some external threat to the business, that's hampering its growth. Simply Wall Street gives this stock 4 stars out of 5. They list no warnings for this stock.

Richards Packaging Income Fund is involved in packaging distribution businesses. The company principally distributes plastic and glass containers and associated closures. It is used in packaging for cosmetics, healthcare, food, beverage, and other products. Geographically, it derives a majority of its revenue from Canada. Its web site is here Richards Packaging Income Fund.

The last stock I wrote about was about was Magna International Inc (TSX-MG, NYSE-MGA) ... learn more. The next stock I will write about will be Chartwell Retirement Residences (TSX-CSH.UN, OTC-CWSRF) ... learn more on Monday, December 9, 2024 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Magna International Inc

Sound bite for Twitter and StockTwits is: . Results of stock price testing is that the stock price is probably cheap. Debt Ratios are fine, but Liquidity Ratio could improve. The Dividend Payout Ratios (DPR) are good. The current dividend yield is moderate with dividend growth low. See my spreadsheet on Magna International Inc .

Is it a good company at a reasonable price? Just because a stock is cheap, it does not mean that it is a good buy. There is a lot of uncertainty in the car industry at present and this is especially true when talking about EV cars. So even though this stock is cheap, it might be quite risky. That means that you should not invest any money into this stock that you cannot afford to lose.

I do not own this stock of Magna International Inc (TSX-MG, NYSE-MGA). Magna is a stock I have tracked for some time. I have always liked Frank Stronach, the entrepreneur who used to run this company. Manufacturing firms are fairly risky and it is not the sort of company I usually buy. I held this company between September 2002 and September 2006 and earned 5% return per year including dividends. When I bought this stock in 2002, I felt I was paying a good price for it. There were some rumors that it might be bought out in 2006, so I sold.

When I was updating my spreadsheet, I noticed a number of officers and directors I was following have left the company. Also, most of the current directors, including the Chairman, have no shares in the company.

If you had invested in this company in December 2013, for $1,001.65 you would have bought 23 shares at $43.55 per share. In December 2023, after 10 years you would have received $405.01 in dividends. The stock would be worth $1,800.67. Your total return would have been $2,205.68. This would be a total return of 8.96% per year with 6.04% from capital gain and 2.92% from dividends.

Cost	Tot. Cost	Shares	Years	Dividends	Stock Val	Tot Ret
$43.55	$1,001.65	23	10	$405.01	$1,800.67	$2,205.68

The current dividend yield is moderate with dividend growth low. The current dividend yield is moderate 2% to 4% ranges) at 4.13%. The 5 and 10 year median dividend yields are also moderate at 2.93% and 2.43%. The historical median dividend yield is low (below 2%) at 1.99%. The dividend growth is low at 6.9% per year over the past 5 years. The last dividend increase was in 2024 and it was for 3.3%.

The Dividend Payout Ratios (DPR) are good. The DPR for 2023 for Earnings per Share (EPS) is good at 44% with 5 year coverage at 44%. The DPR for 2023 for Adjusted Earnings per Share (AEPS) is good at 34% with 5 year coverage at 35%. The DPR for 2023 for Cash Flow per Share (CFPS) is good at 18% with 5 year coverage at 17%. The DPR for 2023 for Free Cash Flow (FCF) is too high at 139% with 5 year coverage good at 37%.

Item	Cur	5 Years
EPS	43.50%	43.47%
AEPS	33.52%	35.12%
CFPS	18.01%	16.77%
FCF	138.74%	37.16%

Debt Ratios are fine, but Liquidity Ratio could improve. The Long Term Debt/Market Cap Ratio for 2023 is good at 0.25 and currently at 0.31. The Liquidity Ratio for 2023 is too low at 1.06 and 1.11 currently. If you added in Cash Flow after dividends, the ratios are still too low at 1.26 and currently at 1.28. I prefer these ratios be at 1.50 or higher. The Debt Ratio for 2023 is good at 1.61 and 1.59 currently. The Leverage and Debt/Equity Ratios for 2023 are fine at 2.71 and 1.68 and currently at 2.70 and 1.70.

Type	Year End	Ratio Curr
Lg Term R	0.25	0.31
Intang/GW	0.22	0.27
Liquidity	1.06	1.11
Liq. + CF	1.26	1.28
Debt Ratio	1.61	1.59
Leverage	2.71	2.70
D/E Ratio	1.68	1.70

The Total Return per year is shown below for years of 5 to 35 to the end of 2023 in CDN$. Under the Capital Gain column is the portion of the Total Return attributable to capital gains. Under the Dividend column is the portion of the Total Return attributable to dividends. See chart below.

From	Years	Div. Gth	Tot Ret	Cap Gain	Div.
2018	5	6.21%	8.00%	4.79%	3.21%
2013	10	13.80%	8.96%	6.04%	2.92%
2008	15	13.07%	19.34%	15.59%	3.75%
2003	20	8.94%	7.63%	5.83%	1.80%
1998	25	10.30%	6.69%	4.98%	1.71%
1993	30	11.62%	8.07%	6.24%	1.82%
1988	35	8.98%	12.90%	9.90%	3.00%

The Total Return per year is shown below for years of 5 to 35 to the end of 2023 in US$. Under the Capital Gain column is the portion of the Total Return attributable to capital gains. Under the Dividend column is the portion of the Total Return attributable to dividends. See chart below.

From	Years	Div. Gth	Tot Ret	Cap Gain	Div.
2018	5	6.87%	8.71%	5.39%	3.32%
2013	10	11.14%	6.40%	3.71%	2.69%
2008	15	12.49%	19.02%	14.77%	4.25%
2003	20	8.81%	7.68%	5.56%	2.11%
1998	25	10.94%	7.07%	5.11%	1.96%
1993	30	11.62%	8.11%	6.13%	1.98%
1988	35	8.70%	12.51%	9.52%	3.00%

The 5-year low, median, and high median Price/Earnings per Share Ratios are 11.72, 16.15 and 19.76. The corresponding 10 year ratios are 8.30, 10.01 and 11.71. The corresponding historical ratios are 8.48, 12.17 and 13.39. The current P/E Ratio is 10.10 based on a stock price of $64.65 and EPS estimate for 2024 of $6.40 ($4.57 US$). This ratio is between the median and high ratios of the 10 year median ratios. This stock price testing suggests that the stock price is relatively reasonable but above the median.

I also have Adjusted Earnings per Share (AEPS) data. The 5-year low, median, and high median Price/Adjusted Earnings per Share Ratios are 8.68, 12.37 and 18.61. The corresponding 10 year ratios are 7.85, 10.51 and 12.39. The current P/AEPS Ratio is 8.75 based on a stock price of $46.00 and AEPS estimate for 2024 of $5.26. This ratio is between the low and median ratios of the 10 year median ratios. This stock price testing suggests that the stock price is relatively reasonable and below the median. This testing is in US$ and you will get a similar result in CDN$.

I get a Graham Price of $90.95. The 10-year low, median, and high median Price/Graham Price Ratios are 0.73, 0.94 and 1.08. The current P/GP Ratio is 0.71 based on a stock price of $64.65. This is below the low ratio of the 10 year median ratios. This stock price testing suggests that the stock price is relatively cheap.

I get a 10-year median Price/Book Value per Share Ratio of 1.62. The current P/B Ratio is 1.16 based on a book Value of $11,379, Book Value per Share of $39.71 and a stock price of $46.00. The current ratio is 28% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap. This testing is in US$ and you will get a similar result in CDN$.

I also have a Book Value per Share estimate for 2024 of $45.84. This implies a ratio 1.00 with a stock price of $46.00 and Book Value of $13,134. This ratio is 38% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap. This testing is in US$.

I get a 10-year median Price/Cash Flow per Share Ratio of 5.24. The current ratio is 4.68 based on a stock price of $46.00, Cash Flow per Share estimate for 2024 of $9.83 and Cash Flow of $2,818M. This ratio is 11% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively reasonable and below the median. This testing is in US$ and you will get a similar result in CDN$.

I get an historical median dividend yield of 1.99%. The current dividend yield is 4.13% based on dividends of $1.90 and a stock price of $46.00. The current dividend yield is 108% above the historical median dividend yield. This stock price testing suggests that the stock price is relatively cheap. This testing is in US$ and you will get a similar result in CDN$.

I get a 10 year median dividend yield of 2.48%. The current dividend yield is 4.13% based on dividends of $1.90 and a stock price of $46.00. The current dividend yield is 67% above the 10 year median dividend yield. This stock price testing suggests that the stock price is relatively cheap. This testing is in US$ and you will get a similar result in CDN$.

The 10-year median Price/Sales (Revenue) Ratio is 0.46. The current P/S Ratio is 0.31 based on Revenue estimate for 2024 of $42,553M, Revenue per Share of $148.52 and a stock price of $46.00. The current ratio is 33% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap. This testing is in US$ and you will get a similar result in CDN$.

Results of stock price testing is that the stock price is probably cheap. The dividend yield testing says this. It is confirmed by the P/S Ratio test. The rest of the testing is saying that the stock price is cheap to reasonable.

When I look at analysts’ recommendations, I find Strong Buy (4), Buy (4), Hold (12) and Sell (1). The consensus would be a Buy. The 12 month stock price consensus would be $67.26 ($48.01 US$) with a high of $87.55 ($62.49 US$) and low of $37.32 ($26.64 US$). The consensus price of $67.26 implies a total return of 8.15% with 4.04% from capital gains and 4.12% from dividends.

The analysts on Stock Chase provide a lot of Sell and Do Not Buy recommendations on this company this year. They think this company is in a tough spot and that its best days are in the past. Stock Chase gives this stock 4 stars out of 5. Joey Frenette on Motley Fool thinks Magna is a dividend deep-value play that might be worth buying. Puja Tayal on Motley Fool thinks that Magna presents an attractive buying opportunity. The company put out a press release via Newswire about their 2023 results. The company put out a press release via Newswire about this third quarter of 2024.

Simply Wall Street via Yahoo Finance reviews this stock. They think it is undervalued. They issue one warnings of large one-off items impacting financial results. Simply Wall Street gives this stock 4 stars out of 5.

Magna International Inc is an automotive supplier. Its product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. Its web site is here Magna International Inc .

The last stock I wrote about was about was Methanex Corp (TSX-MX, NASDAQ-MEOH) ... learn more. The next stock I will write about will be Richards Packaging Income Fund (TSX-RPI.UN, OTC-RPKIF) ... learn more on Friday, December 6, 2024 around 5 pm. Tomorrow on my other blog I will write about Something to Buy December 2024.... learn more on Thursday, December 5, 2024 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Methanex Corp

Sound bite for Twitter and StockTwits is: Dividend Paying Materials. Results of stock price testing is that the stock price is probably cheap based on P/S Ratio testing, but maybe just reasonable. Debt Ratios show that this company has a high debt level, but Liquidity Ratio is fine. The Dividend Payout Ratios (DPR) are good. The current dividend yield is low with dividend growth has restarted. See my spreadsheet on Methanex Corp.

Is it a good company at a reasonable price? This company’s financials are in US$ and the dividends are paid in US$. As a Canadian I prefer not to have many stocks paying in US$ because it is harder to keep tabs on future income. This stock has not done very well over the past 5 and 10 years, but analysts do expect it will pick up in the future. Personally, I would not be interested in holding this stock. It is a cyclical stock and therefore not the sort I want. At the present time, the stock price is probably reasonable, but it could be cheap.

I do not own this stock of Methanex Corp (TSX-MX, NASDAQ-MEOH). I started a spreadsheet in November 2010 as I had read some good reports on the stock at that time. It is also got a solid “C” grade in a 2009 Money Sense review of stocks. Money Sense rated the top 100 Canadian Dividend Paying stocks. Money Sense was looking for stocks that provided generous income at reasonable prices. However, this stock has not been on the Money Sense list for the past few years.

When I was updating my spreadsheet, I noticed that this stock has not been doing well over the past few years. Dividends were cut in 2020 and the company started to rise this again in 2021. The stock price rose in 2023, the first time in a couple of years. Officers of this company have been buying stock. Over the past year both the CEO and CFO have bought stock.

If you had invested in this company in December 2013, for $1,005.12 you would have bought 16 shares at $62.82 per share. In December 2023, after 10 years you would have received $191.88 in dividends. The stock would be worth $1,002.88. Your total return would have been $1,194.76. This would be a total return of 1.91% per year with 0.02% from capital loss and 1.93% from dividends.

Cost	Tot. Cost	Shares	Years	Dividends	Stock Val	Tot Ret
$62.82	$1,005.12	16	10	$191.88	$1,002.88	$1,194.76

In the chart below, I am showing 5 and 10 year total growth and per year growth in columns 3 and 4. Column 5 shows growth expected over 12 months to the first quarter in 2024 and expected growth over this year. This company has not been doing well over the past 5 and 10 years as far as growth goes. I know that analysts are expect good growth in Earnings, Net Income, and dividends this year, but this is from a relatively low level. The main problem seems to be that Revenue, Earnings, Cash Flow etc. can vary a lot year to year.

Yr	Item	Tot. Gwth	Per Year	Gwth	Coverage
5	Revenue Growth	-5.30%	-1.08%	-0.81%	<-12 mths
5	AEPS Growth	-67.49%	-20.12%	-5.78%	<-12 mths
5	Net Income Growth	-56.82%	-15.46%	-46.36%	<-12 mths
5	Cash Flow Growth	-32.64%	-7.60%	-1.33%	<-12 mths
5	Dividend Growth	-44.70%	-11.17%	1.37%	<-12 mths
5	Stock Price Growth	-1.68%	-0.34%	0.23%	<-12 mths
10	Revenue Growth	23.13%	2.10%	1.71%	<-this year
10	AEPS Growth	-53.89%	-7.45%	48.89%	<-this year
10	Net Income Growth	-53.81%	-7.43%	47.47%	<-this year
10	Cash Flow Growth	12.71%	1.20%	-89.79%	<-this year
10	Dividend Growth	-7.01%	-0.72%	41.98%	<-this year
10	Stock Price Growth	-20.05%	-2.21%	10.85%	<-this year

The current dividend yield is low with dividend growth has restarted. The current dividend yield is low (below 2%) at 1.55%. The 5 and 10 year median dividend yields are also low at 1.59% and 1.86%. The historical median dividend yield is moderate (2% to 4% ranges) at 2.31%. Dividends have been growing lately, but the dividend is still down some 49% from where it was in 2019. The last dividend increase was in 2023 and it was for 5.7%.

The Dividend Payout Ratios (DPR) are good. The DPR for 2023 for Earnings per Share (EPS) is good at 21% with 5 year coverage at 29%. The DPR for 2023 for Adjusted Earnings per Share (AEPS) is good at 32% with 5 year coverage at 32%. The DPR for 2023 for Cash Flow per Share (CFPS) is good at 7% with 5 year coverage at 7%. The DPR for 2023 for Free Cash Flow (FCF) is fine at 49% with 5 year coverage is high at 134%. However, no site agrees on what the FCF is.

Item	Cur	5 Years
EPS	21.48%	28.51%
AEPS	32.44%	32.24%
CFPS	6.98%	6.94%
FCF	49.38%	133.66%

Debt Ratios show that this company has a high debt level, but Liquidity Ratio is fine. The Long Term Debt/Market Cap Ratio for 2023 is good at 0.57 and currently at 0.57. The Liquidity Ratio for 2023 is low at 1.14 and 1.34 currently. If you added in Cash Flow after dividends, the ratios are fine at 1.61 and currently at 1.90. The Debt Ratio for 2023 is good at 1.51 and 1.55 currently. The Leverage and Debt/Equity Ratios for 2023 are too high at 3.33 and 2.20 and currently at 3.24 and 2.09. I prefer these ratios to be below 3.00 and 2.00.

Type	Year End	Ratio Curr
Lg Term R	0.57	0.59
Intang/GW	0.00	0.00
Liquidity	1.14	1.34
Liq. + CF	1.61	1.90
Debt Ratio	1.51	1.55
Leverage	3.33	3.24
D/E Ratio	2.20	2.09

The Total Return per year is shown below for years of 5 to 28 to the end of 2023 in CDN$. Under the Capital Gain column is the portion of the Total Return attributable to capital gains. Under the Dividend column is the portion of the Total Return attributable to dividends. See chart below.

From	Years	Div. Gth	Tot Ret	Cap Gain	Div.
2018	5	-11.72%	0.52%	-0.92%	1.45%
2013	10	1.46%	1.91%	-0.02%	1.93%
2008	15	1.78%	14.63%	10.67%	3.96%
2003	20	6.30%	10.63%	7.58%	3.05%
1998	25	9.00%	11.45%	8.58%	2.87%
1995	28		8.81%	6.77%	2.03%

The Total Return per year is shown below for years of 5 to 28 to the end of 2023 in US$. Under the Capital Gain column is the portion of the Total Return attributable to capital gains. Under the Dividend column is the portion of the Total Return attributable to dividends. See chart below.

From	Years	Div. Gth	Tot Ret	Cap Gain	Div.
2018	5	-11.17%	1.15%	-0.34%	1.49%
2013	10	-0.72%	-0.51%	-2.21%	1.71%
2008	15	1.26%	14.32%	10.06%	4.26%
2003	20	6.18%	10.86%	7.46%	3.40%
1998	25	9.93%	12.85%	9.36%	3.50%
1995	28		9.17%	6.90%	2.27%

The 5-year low, median, and high median Price/Earnings per Share Ratios are 6.02, 8.41 and 10.80. The corresponding 10 year ratios are 8.13, 10.67 and 13.21. The corresponding historical ratios are 8.68, 10.01 and 14.94. The current P/E Ratio is 14.57 based on a stock price of $66.75 and EPS estimate for 2024 of $4.58 ($3.27 US$). The current ratio is above the 10 year median high ratios. This stock price testing suggests that the stock price is relatively expensive.

I also have Adjusted Earning per Share (AEPS) data. The 5-year low, median, and high median Price/Adjusted Earnings per Share Ratios are 6.05, 8.92, 11.79. The corresponding 10 year ratios are 9.51, 12.40 and 15.29. The current P/AEPS ratio is 14.17 based on a stock price of $47.47 and AEPS estimate for 2024 of $3.35. The current ratio is between the median and high ratio of the 10 year median ratios. This stock price testing suggests that the stock price is relatively reasonable but above the median. This testing is in US$ and you will get similar results in CDN$.

I get a Graham Price of $66.75. The 10-year low, median, and high median Price/Graham Price Ratios are 0.89, 1.14 and 1.39. The current P/GP Ratio is 1.02 based on a stock price of $66.75. This ratio is between the low and median ratio of the 10 year median ratios. This stock price testing suggests that the stock price is relatively reasonable and below the median.

I get a 10-year median Price/Book Value per Share Ratio of 2.18. The current P/B Ratio is 1.60 based on a Book Value of $2,002M, Book Value per Share of $29.71 and a stock price of $47.47. The current ratio is 27% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap. This testing is in US$ and you will get similar results in CDN$.

I also have a Book Value per Share estimate for 2024 of $30.55. This implies a ratio of 1.55 based on a stock price of $47.47 and Book Value of $2,059M. This ratio is 29% below the 10 year median ratios. This stock price testing suggests that the stock price is relatively cheap. This testing is in US$.

I get a 10-year median Price/Cash Flow per Share Ratio of 5.22. The current P/CF Ratio is 4.19 based on Cash Flow per Share estimate for 2024 of $11.34, Cash Flow of $773M and a stock price of $47.47. The current ratio is 19.8% below the 10 year median ratios. This stock price testing suggests that the stock price is relatively reasonable and below the median. This testing is in US$ and you will get similar results in CDN$.

I get an historical median dividend yield of 2.31%. The current dividend yield is 1.56% based on dividends of $0.74 and a stock price of $47.47. The current dividend yield is 32% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively expensive. This testing is in US$ and you will get similar results in CDN$. The problem with this test is that it works best on dividend growth stocks. This company has cut their dividends in 2020 and then started to raise them in 2021. The dividends are still way below those of 2019.

I get an historical median dividend yield of 1.86%. The current dividend yield is 1.56% based on dividends of $0.74 and a stock price of $47.47. The current dividend yield is 16% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively reasonable but above the median. This testing is in US$ and you will get similar results in CDN$. The problem with this test is that it works best on dividend growth stocks. This company has cut their dividends in 2020 and then started to raise them in 2021. The dividends are still way below those of 2019.

The 10-year median Price/Sales (Revenue) Ratio is 1.09. The current P/S Ratio is 0.84 based on Revenue estimate for 2024 of $3,787M, Revenue per Share of $56.20 and a stock price of $47.47. The current ratio is 23% below the 10 year median ratio. This stock price testing suggests that the stock price is relatively cheap. This testing is in US$ and you will get similar results in CDN$.

Results of stock price testing is that the stock price is probably cheap based on P/S Ratio testing, but maybe just reasonable. The dividend yield tests are not good because dividend cuts. However, dividend cuts are never a good sign. A number of are showing the stock price as relatively reasonable.

When I look at analysts’ recommendations, I find Strong Buy (3), Buy (4), and Hold (3). The consensus would be a Buy. The 12 month stock price consensus is $67.75 ($48.36 US$) with a high of $75.65 ($54.00 US$) and low of $59.89 ($42.71 US$). The stock price consensus implies a total return of 3.06% with 1.50% from capital gains and 1.56% from dividends.

A couple of analysts on Stock Chase says it is a buy. However, there is a Do Not Buy because it is a Cyclical stock with risky dividends. Stock Chase gives this stock 3 stars out of 5. Amy Legate-Wolfe on Motley Fool thinks this is a good dividend stock to buy. Christopher Liew on Motley Fool thinks it is a buy as he believes it has a positive long-term outlook. The company put out a Press Release about their fourth quarter of 2023. The company put out a Press Release about their third quarter of 2024.

Simply Wall Street via Yahoo Finance reviews this stock. Simply Wall Street has 2 warnings of has a high level of debt; and large one-off items impacting financial results.

Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. China generates the most revenue of any geographical segment. Its web site is here Methanex Corp.

The last stock I wrote about was about was Stantec Inc (TSX-STN, NYSE-STN) ... learn more. The next stock I will write about will be Magna International Inc (TSX-MG, NYSE-MGA) ... learn more on Wednesday, December 4, 2024 around 5 pm. Tomorrow on my other blog I will write about Dividend Stocks December 2024 learn more on Tuesday, December 3, 2024 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.