L : Loblaw Companies Limited Stock Profile

Last Updated: 3/12/2024 0:47:16

Loblaw Companies Limited trades with the ticker L on the TSX and is in the Grocery Stores industry.

Overview
Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores. This segment also includes in-store pharmacies, health care services, other health and beauty product stores, apparel stores, and other general merchandise stores. The Financial Services segment provides credit card and banking services, the PC Optimum loyalty program, insurance brokerage services, and telecommunication services. The company offers PC Health app. It provides its products and services under various brands. The company was founded in 1919 and is headquartered in Brampton, Canada. Loblaw Companies Limited is a subsidiary of George Weston Limited.
 

Looking to invest in Loblaw Companies Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

L.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $46221.554MM

PE Ratio: 23.065

Price: 76 (Updated: 3/12/2024 0:47:16)



Loblaw Companies Limited (L) vs Competitors in Grocery Stores

Lets see how L.TO stacks up against others in the Grocery Stores asset management industry. We have identified its main peers as:

Alimentation Couche-Tard Inc, Empire Company Limited, Metro Inc, George Weston Limited, Metro Inc.

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Grocery Stores Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Alimentation Couche-Tard Inc (ATD-B) $52,817.584 16.059 11.926 0.6%
Empire Company Limited (EMP-A) $8,498.876 11.612 6.436 2.1%
Loblaw Companies Limited (L) $46,221.554 23.065 9.411 1.2%
Metro Inc (MRU) $16,800.295 16.934 10.633 1.8%
George Weston Limited (WN) $24,456.923 16.925 6.05 1.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Grocery Stores

  • Loblaw Companies Limited (L) vs Alimentation Couche-Tard Inc (ATD-B)
    • L has higher EPS (6.48 vs 3.093). L has higher dividend yield (1.2% vs 0.6%). L has a higher P/E ratio (23.065 vs 16.059) indicating it’s more expensive.
  • Loblaw Companies Limited (L) vs Empire Company Limited (EMP-A)
    • L has higher EPS (6.48 vs 2.96). EMP-A has higher dividend yield (2.1% vs 1.2%). L has a higher P/E ratio (23.065 vs 11.612) indicating it’s more expensive.
  • Loblaw Companies Limited (L) vs Metro Inc (MRU)
    • L has higher EPS (6.48 vs 4.37). MRU has higher dividend yield (1.8% vs 1.2%). L has a higher P/E ratio (23.065 vs 16.934) indicating it’s more expensive.
  • Loblaw Companies Limited (L) vs George Weston Limited (WN)
    • WN has higher EPS (10.75 vs 6.48). WN has higher dividend yield (1.6% vs 1.2%). L has a higher P/E ratio (23.065 vs 16.925) indicating it’s more expensive.
  • Loblaw Companies Limited (L) vs Metro Inc. (MRU)
    • L has higher EPS (6.48 vs 4.37). MRU has higher dividend yield (1.8% vs 1.2%). L has a higher P/E ratio (23.065 vs 16.934) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy L stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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