Dexterra Group Inc

Today I bought 150 shares of Propel Holding Inc (TSX-PRL, OTC-PRLPF). I bought it with my fooling around money in the TFSA. I do not have much money in cash in my TFSA.

Sound bite for Twitter is: Dividend Paying Industrial. Results of stock price testing is that the stock price is probably expensive. Debt Ratios are good. The Dividend Payout Ratios (DPR) are fine. The current dividend yield is moderate with dividend growth maybe restarting. See my spreadsheet on Dexterra Group Inc.

Is it a good company at a reasonable price? This is another new stock I am following. My spreadsheet again is not fully complete. The stock has climbed recently with stock price up 54% year to date. It is just off of its recent high. My dividend testing says that it is expensive, but the rest of the testing is pointing to a reasonable price. I went with the dividend yield testing showing the stock price as relatively expensive.

I do not own this stock of Dexterra Group Inc (TSX-DXT, OTC-HZNOF). Dexterra Group Inc. (DXT-T) (4.39%) and Doman Building Materials Group Ltd. (DBM-T) (7.48%) are two stocks I do not know on National Bank that adds three stocks to its ‘Dividend All-Stars’ portfolio. In 2025 this company is still on their list.

When I was updating my spreadsheet, I noticed that the original company Horizon North serviced the oil and gas industry and got into problems in 2013. In 2020 they bought Dexterra Integrated Facilities Management from Fairfax Financial Holdings Limited did a stock consolidation and renamed the company to Dexterra Group Inc.

If you had invested in this company in December 2014, for $1,003.20 you would have bought 76 shares at $13.20 per share. In December 2024, after 10 years you would have received $380.00 in dividends. The stock would be worth $592.80. Your total return would have been $972.80. This would be a total loss of 0.40% per year with 5.12% from capital loss and 4.73% from dividends.

Cost	Tot. Cost	Shares	Years	Dividends	Stock Val	Tot Ret
$13.20	$1,003.20	76	10	$380.00	$592.80	$972.80

The current dividend yield is moderate with dividend growth maybe restarting. The current dividend yield is moderate (2% to 4% ranges) at 3.33%. The 5 and 10 year dividend yield is good (5% to 6% ranges) at 6.43% and 5.75%. The historical dividend yield is moderate at 4.91%.

The Dividend Payout Ratios (DPR) are fine. The DPR for 2024 for Earnings per Share (EPS) is too high at 113% with 5 year coverage still high at 71%. The DPR for 2024 for Cash Flow per Share (CFPS) is good at 22% with 5 year coverage at 28%. The DPR for 2024 for Free Cash Flow (FCF) is good at 38% with 5 year coverage at 37%.

Item	Cur	5 Years
EPS	112.90%	71.43%
CFPS	22.44%	28.34%
FCF	38.01%	36.73%

Debt Ratios are good. The Long Term Debt/Market Cap Ratio for 2024 is good at 0.14 and currently at 0.28. The Liquidity Ratio for 2024 is low at 1.24 and 1.25 currently. If you added in Cash Flow after dividends, the ratios are fine at 1.90 and currently at 1.64. The Debt Ratio for 2024 is good at 2.13 and 1.61 currently. The Leverage and Debt/Equity Ratios for 2024 are good at 1.88 and 0.88 and currently fine at 2.64 and 1.64.

Type	Year End	Ratio Curr
Lg Term R	0.14	0.28
Intang/GW	0.37	0.29
Liquidity	1.24	1.25
Liq. + CF	1.90	1.64
Debt Ratio	2.13	1.61
Leverage	1.88	2.64
D/E Ratio	0.88	1.64

The Total Return per year is shown below for years of 5 to 18 to the end of 2024. 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	-2.64%	9.90%	4.87%	5.03%
2013	10	-13.54%	-0.40%	-5.12%	4.73%
2008	15	-6.16%	8.07%	-0.37%	8.44%
2006	18		-0.25%	-4.48%	4.23%

The 5-year low, median, and high median Price/Earnings per Share Ratios are 15.65, 20.53 and 25.41. The corresponding 10 year ratios are 6.39, 8.13 and 9.86. I have historical ratios of 8.09, 11.46 and 13.44. The current ratio is 16.90 based on a stock price of $12.00 and EPS of $0.71. The current ratio is above the high ratio of the 10 year median ratios. This stock price testing suggests that the stock price is relatively expensive. However, the 10 year ratios are quite low and 16.90 is not a particularly high ratio.

I get a Graham Price of $8.55. The 10-year low, median, and high median Price/Graham Price Ratios are 0.91, 1.20 and 1.47. The current ratio is 1.40 based on a stock price of $12.00. 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 get a 10-year median Price/Book Value per Share Ratio of 1.22. The current ratio is 2.62 based on a Book Value of 284.7M, Book Value per Share of $4.58, and stock price of $12.00. The current ratio is 115% above the 10 year median ratio. This stock price testing suggests that the stock price is relatively reasonable and below the median.

I get a 10-year median Price/Cash Flow per Share Ratio of 6.56. The current ratio is 7.45 based on Cash Flow per share estimate for 2025 of $1.61, Cash Flow of $100.2M and a stock price of $12.00. The current ratio is 14% 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 4.91%. The current dividend yield is 3.33% based on dividends of $0.40 and a stock price of $12.00. The current dividend yield is 32% below the historical median dividend yield. This stock price testing suggests that the stock price is relatively expensive.

I get a10 year median dividend yield of 5.75%. The current dividend yield is 3.33% based on dividends of $0.40 and a stock price of $12.00. The current dividend yield is 42% below the 10 year median dividend yield. This stock price testing suggests that the stock price is relatively expensive.

The 10-year median Price/Sales (Revenue) Ratio is 0.73. The current ratio is 0.63 based on a stock price of $12.00, Revenue estimate for 2025 of $1,042M and Revenue per Share of $16.75. The current ratio is 1% 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 probably expensive. The dividend yields testing says this. The stock is just off a recent high if you look at the stock chart. A number of tests say that the stock price is relatively reasonable. However, I am going with the Dividend tests.

When I look at analysts’ recommendations, I find Strong Buy (3), Buy (2) and Hold (2). The consensus would be a Buy. The 12 month stock price is $13.39 with a high of $15.50 and low of $12.00. The consensus stock price of $13.39 implies a total return of 14.92% with 11.58% from capital gains and 3.33% from dividends.

This stock is not reviewed on Stock Chase, but Google AI says recent stock analysis (Dec 2025) showing undervaluation potential, strong growth forecasts (earnings, revenue), but high debt, while analysts have a "Moderate Buy" consensus with targets near the current price (around $12.00 CAD) suggesting limited near-term movement. Christopher Liew on Motley Fool likes this stock since it has paid dividends since 2011. Aditya Raghunath on Motley Fool likes this stock as it says it has upside potential. The company put out a Press Release about their fourth quarter of 2024 results. The company put out aPress Release about their third quarter of 2025.

Simply Wall Street via Yahoo Finance reviews this stock. It says it has some positive aspects but they are disappointed to see lack of growth in ROE and also the stock pays out too much in dividends that leaves little for reinvestment. Simply Wall Street via Yahoo Finance reviews this stock and suggest that it is trading 48.9% below its estimated fair value. Simply Wall Street has one warning of has a high level of debt.

Dexterra Group Inc offers support services for the creation, management, and operation of infrastructure across Canada. The company has two segments: Support Services and Asset Based Services. Its web site is here Dexterra Group Inc.

The last stock I wrote about was about was Firm Capital Mortgage Investment Corp (TSX-FC, OTC-FCMGF) ... learn more. The next stock I will write about will be TWC Enterprises Ltd (TSX-TWC, OTC- CLKXF) ... learn more on Wednesday, December 31, 2025 around 5 pm. Tomorrow on my other blog I will write about Canadian REIT Investing.... learn more on Tuesday, December 30, 2025 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.

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