Classement
Classement du rendement du flux de trésorerie disponible
Chaque entreprise que nous analysons, classée selon le rendement du flux de trésorerie disponible — la trésorerie que l'entreprise génère réellement, divisée par sa valeur boursière (FTD ÷ capitalisation boursière). Un rendement plus élevé signifie payer moins pour chaque dollar de trésorerie disponible. Les banques et assureurs ne génèrent pas de flux de trésorerie disponible significatif; ils sont donc classés séparément sur le rendement des bénéfices (≈ 1 ÷ cours-bénéfice).
Approximatif, en date du début août 2026. * = estimation. Les chiffres bougent avec les cours et les résultats — voir chaque rapport, et confirmez avant d'agir.
Rendement du flux de trésorerie disponible (du plus élevé au plus bas)
| # | Entreprise | Symbole | Secteur | Rendement du FTD* | Base |
|---|---|---|---|---|---|
| 1 | Northland Power | NPI | Services publics | ≈24.8%* | Reported FCF yield ≈ 24.8% (TTM FCF ~C$1.42B on ~C$5.7B market cap) is MISLEADING and overstated: the ~C$160M reported capex excludes multi-billion offshore-wind construction financed at the project level. On a true growth-inclusive basis Northland is a heavy net consumer of capital, so this figure should not be read as sustainable free cash generation. |
| 2 | Cogeco Communications | CCA | Télécommunications | ≈19.3% | TTM free cash flow of C$493M against a C$2.55B market cap ≈ 19.3%. The optically huge yield reflects a deeply discounted equity after a large US-cable impairment and declining FCF (-17.7% YoY) — the market is pricing durability risk, not a clean bargain. |
| 3 | IAMGOLD | IMG | Or et métaux précieux | ≈15.6%* | TTM free cash flow ~US$1.28B (through Mar 31, 2026) ÷ market cap ~US$8.17B ≈ 15.6%; elevated by the Côté ramp and high gold prices, and discounted by the market for Burkina Faso risk. |
| 4 | MTY Food Group | MTY | Restauration et franchisage | ≈15% | FCF (net of leases) ≈C$129M ÷ ≈C$0.78B market cap (≈14–20% by source) |
| 5 | Methanex | MX | Matériaux et mines | ≈13%* | TTM operating cash flow is ~US$995M; with Geismar-3 growth capex complete, free cash flow is roughly US$0.6–0.9B, an estimated low-to-mid-teens FCF yield on the ~US$4.3B market cap — before netting the added OCI-acquisition debt, which lowers it on an enterprise-value basis. Estimated and cyclical. |
| 6 | Endeavour Mining | EDV | Or et métaux précieux | ≈12.7% | Trailing free cash flow of ~US$1.44B against a market cap of ~C$16.0B implies a free-cash-flow yield of roughly 12.7% (P/FCF ~7.9). |
| 7 | OpenText Corporation | OTEX | Logiciels | ≈12.6% | TTM free cash flow US$810M ÷ market cap US$6.41B ≈ 12.6%. |
| 8 | Stella-Jones | SJ | Matériaux et mines | ≈12.4%* | TTM free cash flow of C$525M (operating cash flow C$620M − capex C$95M) ÷ market cap C$4.22B ≈ 12.4%. FCF is lumpy on wood-inventory swings; FY2025 FCF of C$454M implies a more normalized ~10.8%. |
| 9 | New Gold | NGD | Or et métaux précieux | ≈12.2%* | Verified trailing P/E ~8.2; earnings yield (1/PE) ~12% used as an FCF proxy — flattered by high gold/copper prices. |
| 10 | Ovintiv | OVV | Énergie | ≈12.1%* | Trailing-12-month free cash flow of ~US$2.02B divided by a market cap of ~US$16.7B (price ~US$60.75). A mid-cycle figure — FY2025 FCF was negative. |
| 11 | Ag Growth International | AFN | Industrielles | ≈12%* | Trailing earnings negative; based on ~8x forward P/E implying a recovery, ~12% forward earnings yield. |
| 12 | Torex Gold Resources | TXG | Or et métaux précieux | ≈12% | Trailing free cash flow of ~C$600M against a market cap of ~C$5.0B (P/FCF ~8.3). Note FY2025 FCF of only US$135M was suppressed by Media Luna construction; the yield reflects the post-capex trailing recovery. |
| 13 | Magna International | MG | Commerce de détail | ≈12%* | FY2025 operating cash flow US$3.60B − capex US$1.29B ≈ US$2.31B free cash flow ÷ ~US$18.9B market cap ≈ 12% on a simple basis; Magna's own free-cash-flow definition (after equity and other investments) is materially lower — roughly US$1B, or about a 5% yield — so treat 12% as the optimistic bound. |
| 14 | CGI Inc. | GIB.A | Logiciels | ≈11.8% | TTM free cash flow C$2.48B ÷ market cap C$20.98B ≈ 11.8%. |
| 15 | Fortuna Mining | FVI | Or et métaux précieux | ≈11.6%* | Trailing P/E ~8.6x implies an ~11.6% earnings yield; FCF not disclosed on fetched page, so used as a proxy for cash-earnings yield on cyclically high metals-price profits. |
| 16 | Freehold Royalties | FRU | Énergie | ≈11.5%* | Q2 2026 FFO of C$77.8M annualized (~C$311M) divided by the ~C$2.71B market cap (C$16.51 x ~164M shares) ≈ 11.5%; royalty capex is negligible so FFO approximates free cash. Estimate - annualizing one quarter of commodity-linked FFO. |
| 17 | Lassonde Industries | LAS.A | Biens de consommation de base | ≈11%* | Trailing P/E ~9x implies an ~11% earnings yield; steady juice cash generation supports a similar FCF-yield order of magnitude |
| 18 | Kinross Gold | K | Or et métaux précieux | ≈11%* | TTM free cash flow ~US$3.08B (through Jun 30, 2026) ÷ market cap ~US$27.98B ≈ 11%. |
| 19 | SSR Mining | SSRM | Or et métaux précieux | ≈10.8%* | Verified trailing P/E ~9.3; earnings yield (1/PE) ~10.8% used as an FCF proxy — supported by high metal prices. |
| 20 | Onex Corporation | ONEX | Services financiers diversifiés | ≈10.7%* | A trailing P/E of ~9.3x implies a ~10.7% earnings yield, but Onex's earnings are dominated by volatile investment gains rather than recurring free cash flow; the sharper lens is the ~33% discount of the C$113.39 price to C$170.40 investing capital per share. |
| 21 | George Weston Limited | WN | Biens de consommation de base | ≈10.7%* | C$4.20B FY2025 CONSOLIDATED free cash flow ÷ C$39.2B market cap. IMPORTANT: consolidated FCF includes majority-owned Loblaw and Choice Properties, so the FCF actually attributable to WN shareholders is materially lower; treat this figure as a look-through/consolidated number, not clean equity FCF yield. |
| 22 | Empire Company (Sobeys) | EMP.A | Biens de consommation de base | ≈10.6% | FY2026 operating cash flow C$1.91B − capex C$0.70B = C$1.22B free cash flow ÷ ~C$11.5B market cap ≈ 10.6% (unadjusted for debt/lease leverage, which lowers the EV-based yield). |
| 23 | Rogers Communications | RCI.B | Télécommunications | ≈10.2% | TTM free cash flow of C$2.62B against a C$25.8B market cap ≈ 10.2%. FCF grew ~27% YoY, so unlike peers the yield sits on a rising denominator. |
| 24 | Birchcliff Energy | BIR | Énergie | ≈10.1%* | Forward P/E ~9.9 implies a ~10% forward earnings/FCF yield as gas-price recovery lifts depressed trailing earnings. |
| 25 | Whitecap Resources | WCP | Énergie | ≈10%* | Trailing-12-month free cash flow of ~C$2.01B divided by a market cap of ~C$20.1B (price ~C$16.27). YoY figures inflated by the May 2025 Veren acquisition. |
| 26 | BCE Inc. | BCE | Télécommunications | ≈9.7% | TTM free cash flow of C$2.76B against a C$28.4B market cap ≈ 9.7%. Note FCF fell ~27% YoY, so the yield reflects a depressed, capex-heavy denominator. |
| 27 | Cenovus Energy | CVE | Énergie | ≈9.6%* | FCF TTM C$7.47B / market cap ~C$77.96B ≈ 9.6% |
| 28 | Suncor Energy | SU | Énergie | ≈9.3% | TTM FCF ≈C$6B ÷ ≈C$50B market cap |
| 29 | Peyto Exploration & Development | PEY | Énergie | ≈9.2%* | Trailing P/E ~10.9 implies ~9% earnings yield; low-cost model with owned infrastructure supports high FCF conversion. |
| 30 | Total Energy Services | TOT | Énergie | ≈9%* | Earnings yield proxy 1/PE (P/E ~11.1); FCF not separately disclosed, so cash yield estimated from earnings |
| 31 | Precision Drilling | PD | Énergie | ≈9%* | Trailing net loss makes earnings yield unusable; forward P/E ~11x implies ~9% forward earnings yield, with positive FCF directed to debt reduction |
| 32 | South Bow | SOBO | Intermédiaire et pipelines | ≈9%* | Est.: US$2.00/sh dividend at management's ~60% target DCF payout implies ~US$3.3 DCF/sh; against the ~C$50.94 unit price (a 5.4% cash yield ÷ 0.60) that is roughly a 9% DCF yield. |
| 33 | Brookfield Infrastructure Partners | BIP.UN | Services financiers diversifiés | ≈8.9%* | Q2 FY2026 FFO of US$0.89/unit annualized (~US$3.56) ÷ ~US$39.91 unit price ≈ 8.9% FFO yield; cash distribution US$1.82/unit ≈ 4.6%. |
| 34 | TC Energy | TRP | Intermédiaire et pipelines | ≈8.7%* | Uses comparable funds generated from operations as a DCF proxy: C$1.996B in Q2 2026 (C$4.332B in H1 2026) annualizes to ~C$8.66B, divided by the ~C$99.1B market cap ≈ 8.7% before growth capex. Estimate - not a company-guided DCF-per-share figure; the declared dividend yield is ~3.7%. |
| 35 | Parex Resources | PXT | Énergie | ≈8.6% | FCF TTM $194M / market cap ~$2.26B ≈ 8.6% (OCF $418M less capex $224M) |
| 36 | TELUS Corporation | T | Télécommunications | ≈8.5% | 2026 FCF ≈C$1.8B ÷ ≈C$21B market cap |
| 37 | WSP Global | WSP | Industrielles | ≈8.5%* | TTM free cash flow of C$1.96B against a market cap of C$23.1B ≈ 8.5% (aided by working-capital timing). |
| 38 | Lundin Gold | LUG | Or et métaux précieux | ≈8.2% | Trailing free cash flow of ~US$1.12B against a market cap of ~C$19.0B implies a free-cash-flow yield of roughly 8.2% (P/FCF ~12). |
| 39 | Wajax | WJX | Industrielles | ≈8.1%* | Earnings yield from a ~12x P/E; distributor FCF is working-capital sensitive so treated as an estimate. |
| 40 | TransAlta | TA | Services publics | ≈8.1%* | FCF yield: free cash flow C$451M TTM / market cap C$5.55B ≈ 8.1%. TransAlta reports free cash flow as its headline metric (C$143M in Q2 2026). Figure is a computed estimate. |
| 41 | B2Gold | BTO | Or et métaux précieux | ≈8.1%* | TTM free cash flow ~US$402M (through Mar 31, 2026) ÷ market cap ~US$4.99B ≈ 8%; note FY2025 FCF was ~breakeven during the Goose build, so this reflects a recent inflection. |
| 42 | Enbridge Inc. | ENB | Énergie | ≈8% | 2026 DCF ≈C$5.90/share at a ~5.2% dividend yield → ≈8% DCF yield |
| 43 | Linamar | LNR | Industrielles | ≈8%* | Trailing P/E ~10x implies a ~10% earnings yield, but heavy tier-one capex means free cash flow runs below earnings, so a high-single-digit FCF yield is the more realistic basis. |
| 44 | Spin Master | TOY | Commerce de détail | ≈8%* | TTM earnings negative; based on ~10x forward P/E implying roughly a high-single-digit forward earnings/FCF yield once profitability recovers |
| 45 | Baytex Energy | BTE | Énergie | ≈8%* | Trailing GAAP earnings negative; E&P valued on cash flow — estimated mid-to-high single-digit FCF yield at supportive oil prices. |
| 46 | Dundee Precious Metals | DPM | Or et métaux précieux | ≈7.9%* | TTM free cash flow of ~US$622M against a market cap of C$10.8B (≈US$7.9B at ~1.37 USD/CAD) ≈ 7.9%. |
| 47 | Enghouse Systems | ENGH | Logiciels | ≈7.5%* | ~13x P/E and high cash conversion on ~C$960M cap imply a high-single-digit FCF/earnings yield |
| 48 | Enerflex | EFX | Énergie | ≈7.5%* | Forward P/E ~13x implies a ~7.5% forward earnings yield as profitability recovers; cash directed to deleveraging, exact FCF not verified |
| 49 | Pembina Pipeline | PPL | Intermédiaire et pipelines | ≈7.5%* | Uses adjusted cash flow from operations as a DCF proxy: C$1.34/share in Q2 2026 annualized (~C$5.36/share) divided by the ~C$71.08 share price ≈ 7.5% before growth capex; equivalently ~C$3.11B annualized over the ~C$41.3B market cap. Estimate; the declared dividend yield is ~4.0%. |
| 50 | Gibson Energy | GEI | Intermédiaire et pipelines | ≈7.5%* | Est.: C$1.80/sh dividend at Gibson's roughly 70-80% DCF payout target implies ~C$2.4 DCF/sh; the 5.6% cash yield ÷ ~0.75 gives a ~7.5% DCF yield. |
| 51 | Saputo Inc. | SAP | Biens de consommation de base | ≈7.5% | C$1.18B FY2026 free cash flow ÷ C$15.7B market cap. |
| 52 | K92 Mining | KNT | Or et métaux précieux | ≈7.4%* | Verified trailing P/E ~13.5; earnings yield (1/PE) ~7.4% used as an FCF proxy; much of cash flow reinvested in expansion. |
| 53 | Winpak | WPK | Matériaux et mines | ≈7.4%* | Trailing P/E ~13.5x implies an ~7.4% earnings yield; FCF not disclosed but the high-margin, net-cash business is a strong cash converter, so earnings yield used as a proxy. |
| 54 | Allied Properties REIT | AP.UN | Immobilier et FPI | ≈7.4%* | Distribution yield ~7.4%; net income negative on write-downs, so distribution yield used as proxy |
| 55 | ARC Resources | ARX | Énergie | ≈7.4%* | Trailing-12-month free cash flow of ~C$1.40B divided by a market cap of ~C$19.0B (price ~C$33.07, ~575M shares). |
| 56 | RioCan REIT | REI.UN | Immobilier et FPI | ≈7.3%* | Verified cash distribution yield 5.31% (C$1.16/unit ÷ C$21.79). AFFO yield ESTIMATED at ~7.3%, derived from an assumed ~C$1.60/unit AFFO ÷ C$21.79 — confirm against RioCan's actual reported AFFO/unit. |
| 57 | Pan American Silver | PAAS | Or et métaux précieux | ≈7.2% | Trailing free cash flow of ~US$1.31B against a market cap of ~C$25.4B implies a free-cash-flow yield of roughly 7.2% (P/FCF ~14). |
| 58 | Cascades | CAS | Matériaux et mines | ≈7.1%* | Trailing P/E ~14x implies an ~7.1% earnings yield; FCF not disclosed and must fund dividend, capex and deleveraging, so used as a proxy for cash-earnings yield. |
| 59 | Pet Valu Holdings | PET | Commerce de détail | ≈7.1%* | Trailing P/E ~14x implies a ~7.1% earnings yield; franchise-oriented, cash-generative model supports a similar FCF-yield order of magnitude |
| 60 | Martinrea International | MRE | Industrielles | ≈7%* | Trailing P/E ~6x implies a ~16% earnings yield, but capital intensity means FCF trails earnings materially; a high-single-digit FCF yield is a conservative basis. |
| 61 | Tamarack Valley Energy | TVE | Énergie | ≈7%* | Trailing P/E (~262) distorted by one-off-depressed net income; estimate keyed to record Q2 cash flow on ~C$6.2B market cap — cash-flow, not earnings, based. |
| 62 | Nutrien | NTR | Matériaux et mines | ≈6.9%* | FCF yield: free cash flow US$2.21B TTM / market cap US$32.1B ≈ 6.9%. Reported in USD. Computed estimate. |
| 63 | Canadian Tire Corporation | CTC.A | Commerce de détail | ≈6.7% | TTM operating cash flow C$1.29B − capex ~C$0.57B = ~C$0.72B free cash flow ÷ ~C$10.8B market cap ≈ 6.7%. |
| 64 | Canadian Apartment Properties REIT | CAR.UN | Immobilier et FPI | ≈6.7%* | Verified cash distribution yield 4.46% (C$1.55/unit ÷ C$34.78). AFFO yield ESTIMATED at ~6.7%, derived from the C$1.55 distribution at an assumed ~65% AFFO payout (implied AFFO ~C$2.38/unit) ÷ C$34.78 — confirm against the actual reported AFFO/unit. |
| 65 | NorthWest Healthcare Properties REIT | NWH.UN | Immobilier et FPI | ≈6.5%* | Distribution yield ~6.5% used as proxy; net income currently negative and payout being repaired via deleveraging |
| 66 | Docebo | DCBO | Logiciels | ≈6.5%* | ~US$55M adjusted EBITDA guidance and strong cash conversion on ~US$700M cap imply a mid-to-high-single-digit FCF yield |
| 67 | Brookfield Renewable Partners | BEP.UN | Services publics | ≈6.5%* | LTM FFO of US$1.44B (US$2.14/unit) ÷ ~US$33.04 unit price ≈ 6.5% FFO yield; cash distribution ~US$1.57/unit ≈ 4.8%. |
| 68 | Metro Inc. | MRU | Biens de consommation de base | ≈6.5% | C$1.27B FY2025 free cash flow ÷ C$19.5B market cap. |
| 69 | Constellation Software Inc. | CSU | Logiciels | ≈6.4% | ≈6.4% reported TTM FCF yield (GuruFocus, Jun 2026); ~C$57B market cap |
| 70 | SmartCentres REIT | SRU.UN | Immobilier et FPI | ≈6.4%* | Distribution yield of ~6.4% on CAD 1.85/unit at ~CAD 29, well-covered by stable retail cash flow. |
| 71 | Keyera | KEY | Intermédiaire et pipelines | ≈6.3%* | Est.: C$2.16/sh dividend at Keyera's roughly mid-50%s DCF payout policy implies ~C$3.8 DCF/sh; the 3.6% cash yield ÷ ~0.58 gives a ~6.3% DCF yield. |
| 72 | Barrick Mining | ABX | Or et métaux précieux | ≈6.3%* | TTM free cash flow US$3.86B (operating cash flow US$7.72B − capex US$3.86B) ÷ market cap US$61.5B ≈ 6.3%. |
| 73 | Stantec | STN | Industrielles | ≈6.1% | TTM free cash flow of ~C$682.6M divided by market cap of ~C$11.28B ≈ 6.05%. |
| 74 | NFI Group | NFI | Industrielles | ≈6%* | Trailing loss-making; mid-teens forward P/E implies a mid-single-digit forward earnings/FCF yield if the recovery converts the record backlog. |
| 75 | Pason Systems | PSI | Énergie | ≈6%* | Capital-light model converts most earnings to cash (trailing earnings yield ~4.8%, forward ~7%); nearly all FCF returned via ~4.2% dividend plus buybacks |
| 76 | ERO Copper | ERO | Matériaux et mines | ≈6%* | Trailing P/E ~10x gives a ~9.6% earnings yield, but heavy growth capex consumes cash, so sustainable FCF yield is lower; cycle-flattered |
| 77 | Loblaw Companies | L | Biens de consommation de base | ≈6% | C$4.55B FY2025 free cash flow ÷ C$76.0B market cap. |
| 78 | Vermilion Energy | VET | Énergie | ≈5.9%* | Forward P/E ~17 implies a ~6% forward earnings/FCF yield; trailing earnings negative, but management cites strong free cash flow and debt reduction. |
| 79 | Quebecor | QBR.B | Télécommunications | ≈5.9%* | A clean TTM free-cash-flow figure was not separately verified for this report, so the yield is proxied from the ~5.9% earnings yield (TTM net income C$890.7M / C$15.1B market cap; trailing P/E 16.9x). Treat as an estimate. |
| 80 | Agnico Eagle Mines | AEM | Or et métaux précieux | ≈5.8%* | TTM free cash flow ~US$4.45B (operating cash flow US$7.32B − capex US$2.86B, summed across Q3 2025–Q2 2026) ÷ market cap US$76.3B ≈ 5.8%. Heavily gold-price-dependent. |
| 81 | North West Company | NWC | Biens de consommation de base | ≈5.7%* | Trailing P/E ~17.5x implies a ~5.7% earnings yield; established, low-capex store base makes FCF yield of similar magnitude reasonable |
| 82 | Brookfield Corporation | BN | Services financiers diversifiés | ≈5.7%* | LTM distributable earnings of US$6.0B ($2.54/share) ÷ ~US$44.62 unit price ≈ 5.7% (DE used as the free-cash proxy for a holding company). |
| 83 | Imperial Oil | IMO | Énergie | ≈5.7%* | FCF TTM C$5.04B / market cap ~C$87.89B ≈ 5.7% |
| 84 | H&R REIT | HR.UN | Immobilier et FPI | ≈5.5%* | Distribution yield ~5.5% on CAD 0.60/unit; GAAP net income negative on fair-value writedowns so distribution used as cash-yield proxy. |
| 85 | Dream Office REIT | D.UN | Immobilier et FPI | ≈5.5%* | Distribution yield 5.55% (monthly 8.333¢, $1.00/yr annualized) used as cash-return proxy; GAAP earnings negative on writedowns |
| 86 | IGM Financial | IGM | Services financiers diversifiés | ≈5.5%* | TTM EPS of C$4.94 on a C$90.85 price is a 5.4% earnings yield; as a capital-light wealth manager IGM converts nearly all earnings to distributable cash, and the trailing P/E of ~17.6x implies a ~5.7% earnings/FCF yield. |
| 87 | TFI International | TFII | Industrielles | ≈5.5%* | TTM free cash flow of ~US$659M divided by a market cap of ~US$12.0B (C$16.4B converted at ~1.37) ≈ 5.5%. Estimated because it involves a CAD/USD conversion of the market value. |
| 88 | CT REIT | CRT.UN | Immobilier et FPI | ≈5.4%* | Distribution yield ~5.4% on CAD 0.98/unit; well-covered by contractual net-lease rent with escalators. |
| 89 | CCL Industries | CCL.B | Matériaux et mines | ≈5.4% | TTM free cash flow of C$861.5M (operating cash flow ~C$1.29B less capex) divided by the C$15.88B market cap is about 5.4%. |
| 90 | Computer Modelling Group | CMG | Logiciels | ≈5.3% | ~5% earnings/FCF yield implied by trailing P/E ~19x on a cash-generative software model |
| 91 | Russel Metals | RUS | Matériaux et mines | ≈5.1% | ~5% earnings/FCF yield implied by trailing P/E ~20x, though cyclical earnings may be near a peak |
| 92 | Canadian Utilities | CU | Services publics | ≈5.1%* | FCF yield ≈ 5.1%: TTM free cash flow of ~C$769M (operating cash flow ~C$2.1B minus ~C$1.4B capex) on a ~C$15.2B market cap. Positive FCF — unusual among build-out utilities — and the key support for the dividend. |
| 93 | Reitmans (Canada) Limited | RET.A | Commerce de détail | ≈5%* | net-cash micro-cap (cash > market cap, ~C$100M); thin but positive FCF — very illiquid |
| 94 | Dream Industrial REIT | DIR.UN | Immobilier et FPI | ≈5%* | Distribution yield ~5.0%; full valuation metrics unavailable this run, so distribution yield used as proxy |
| 95 | Superior Plus | SPB | Services publics | ≈5%* | EPS yield ~2.9% (P/E ~34x) and dividend yield ~2.2%; distributable/adjusted operating cash flow runs materially above GAAP earnings for this depreciation-heavy distributor, supporting a mid-single-digit FCF yield. |
| 96 | Gildan Activewear | GIL | Commerce de détail | ≈5%* | Reported GAAP P/E is distorted by one-time charges; against raised adjusted-EPS guidance the normalized earnings/FCF yield sits in the mid-single digits. |
| 97 | Premium Brands Holdings | PBH | Biens de consommation de base | ≈5%* | Trailing P/E ~110x is distorted by capex-depressed earnings; management guides to significant FCF improvement, implying a mid-single-digit normalized FCF yield |
| 98 | Maple Leaf Foods | MFI | Biens de consommation de base | ≈5%* | Reported P/E ~51x inflated by pork-separation one-offs; normalized on underlying prepared-foods earnings and post-peak-capex cash, a mid-single-digit FCF yield is a reasonable estimate |
| 99 | Choice Properties REIT | CHP.UN | Immobilier et FPI | ≈4.9%* | Distribution yield ~4.9%; net income distorted by fair-value adjustments, FFO covers distribution |
| 100 | Osisko Gold Royalties | OR | Or et métaux précieux | ≈4.9% | Trailing free cash flow of ~US$271M (near-100% of revenue) against a market cap of ~C$7.8B implies a free-cash-flow yield of roughly 4.9% (P/FCF ~20). |
| 101 | Teck Resources | TECK.B | Matériaux et mines | ≈4.8%* | FCF yield: free cash flow ~C$1.9B TTM / market cap ~US$29.5B (≈C$40B) ≈ 4.8%. Highly cyclical — FY2025 FCF was -C$583M — so this reflects a copper-price peak. Computed estimate across CAD/USD. |
| 102 | Canada Goose | GOOS | Commerce de détail | ≈4.7%* | Trailing P/E ~21x implies an earnings yield near 4.7% (forward ~13x implies higher); seasonal cash flows make FCF lumpy. |
| 103 | Wheaton Precious Metals | WPM | Or et métaux précieux | ≈4.7%* | TTM operating/free cash flow US$2.31B (streaming model has negligible capex, so FCF ≈ OCF) ÷ market cap US$49.4B ≈ 4.7%. |
| 104 | Canadian Natural Resources | CNQ | Énergie | ≈4.6% | ≈4.6% TTM FCF yield vs ~1.6% industry median; low-decline asset base |
| 105 | BRP | DOO | Commerce de détail | ≈4.6%* | Trailing P/E ~22x implies an earnings yield near 4.6%; FY2027 normalized-EPS guidance is below peak, so this reflects near-trough earnings. |
| 106 | Advantage Energy | AAV | Énergie | ≈4.6%* | Trailing P/E ~21.7 implies ~4.6% earnings/FCF yield; low-cost Montney base with buyback-focused FCF plus early-stage Entropy CCS optionality. |
| 107 | Restaurant Brands International | QSR | Restauration et franchisage | ≈4.6% | TTM operating cash flow US$1.82B − capex US$0.26B = US$1.56B free cash flow ÷ ~US$33.7B market cap ≈ 4.6%. |
| 108 | ATS Corporation | ATS | Industrielles | ≈4.5%* | forward P/E ~21x (trailing depressed by one-off costs); low-single-digit FCF yield on recovering earnings |
| 109 | Lundin Mining | LUN | Matériaux et mines | ≈4.5%* | Trailing free cash flow of about US$967M against a market cap near C$29.6B (~US$21.6B) implies an FCF yield of roughly 4.5%. |
| 110 | Richelieu Hardware | RCH | Industrielles | ≈4.3%* | Earnings yield from a ~23x P/E; consistently cash-generative low-debt distributor. |
| 111 | CAE Inc. | CAE | Industrielles | ≈4.3% | FY2026 free cash flow of ~C$504.1M divided by ~C$11.63B market cap ≈ 4.33%. |
| 112 | Sienna Senior Living | SIA | Immobilier et FPI | ≈4.2%* | Monthly distribution yield ~4.2%; trailing P/E ~42x, so earnings yield alone understates cash economics of a property-owning operator |
| 113 | TMX Group | X | Services financiers diversifiés | ≈4.2%* | TTM diluted EPS of C$2.17 on a C$52.52 price is a ~4.1% earnings yield; the exchange is capital-light so free cash flow closely tracks earnings, and on TTM adjusted EPS (~C$2.45) the yield is closer to ~4.7%. |
| 114 | Franco-Nevada | FNV | Or et métaux précieux | ≈4.2%* | TTM free cash flow US$1.72B (operating cash flow US$1.73B − capex US$2.4M) ÷ market cap US$41.1B ≈ 4.2%. |
| 115 | Jamieson Wellness | JWEL | Biens de consommation de base | ≈4.1%* | Trailing P/E ~24x implies a ~4.1% earnings yield; asset-light branded VMS supports a comparable FCF yield |
| 116 | Mullen Group | MTL | Industrielles | ≈4.1%* | Trailing P/E ~24x implies roughly a 4% earnings/FCF yield for this diversified logistics consolidator. |
| 117 | Knight Therapeutics | GUD | Santé et pharmaceutique | ≈4%* | adj. EBITDA ≈15% of ~C$515M revenue vs ~C$0.96B market cap |
| 118 | Extendicare | EXE | Immobilier et FPI | ≈4%* | Trailing P/E ~25x implies ~4% earnings yield; dividend yield only ~1.5% as payout is modest relative to earnings |
| 119 | First Capital REIT | FCR.UN | Immobilier et FPI | ≈4%* | Distribution yield ~4.0% on CAD 0.91/unit near CAD 23; used as a proxy for cash yield given clean disposition-heavy earnings. |
| 120 | ATCO | ACO.X | Services publics | ≈4%* | Trailing P/E (~50x) is depressed by one-time charges; adjusted Q2 EPS ~C$1.01 rose 13% y/y and the dividend yields ~2.6%. Regulated utility cash flows support a mid-single-digit normalized cash yield. |
| 121 | Bombardier | BBD.B | Industrielles | ≈4%* | positive and growing FCF driving deleveraging; earnings multiple in the high-20s implies a low-single-digit yield after a large re-rating |
| 122 | Bird Construction | BDT | Industrielles | ≈4%* | Trailing P/E optically very high on a depressed-earnings quarter; forward P/E in the mid-20s implies roughly a 4% forward earnings/FCF yield. |
| 123 | SECURE Waste Infrastructure | SES | Industrielles | ≈4%* | Forward P/E ~24x implies a ~4% forward earnings yield; cash conversion typically exceeds reported earnings but exact FCF not verified |
| 124 | Finning International | FTT | Industrielles | ≈4%* | Normalized FY2025 free cash flow of ~C$480M divided by ~C$12.1B market cap ≈ 4.0%. TTM FCF was distorted to ~C$41M by a large inventory/working-capital build, so the FY figure is used as a truer through-cycle estimate. |
| 125 | Alimentation Couche-Tard | ATD | Biens de consommation de base | ≈4%* | US$3.37B FY2026 free cash flow ÷ ~C$83.5B market cap (currencies differ; approximate given USD reporting vs CAD listing). |
| 126 | Granite REIT | GRT.UN | Immobilier et FPI | ≈3.9%* | Distribution yield ~3.9%; trailing P/E ~14x, AFFO yield mid-single-digit |
| 127 | Killam Apartment REIT | KMP.UN | Immobilier et FPI | ≈3.9%* | Distribution yield ~3.9% on CAD 0.72/unit; used as cash-yield proxy since GAAP net income negative on fair-value adjustments. |
| 128 | Tourmaline Oil | TOU | Énergie | ≈3.8% | 2026 FCF outlook ≈C$0.9B ÷ ≈C$24B market cap (swings with gas prices) |
| 129 | Brookfield Asset Management | BAM | Services financiers diversifiés | ≈3.6%* | LTM fee-related earnings of ~US$1.89/share ÷ ~US$51.94 price ≈ 3.6% (FRE used as the capital-light free-cash proxy; ~3.9% dividend yield captures most of distributable earnings). |
| 130 | Canadian National Railway | CNR (TSX) / CNI (NYSE) | Industrielles | ≈3.5% | TTM FCF ≈C$3.6B ÷ ≈C$105B market cap |
| 131 | Equinox Gold | EQX | Or et métaux précieux | ≈3.5%* | Verified trailing P/E ~28.3; earnings yield (1/PE) ~3.5% used as an FCF proxy; growth priced in. |
| 132 | Lightspeed Commerce | LSPD | Logiciels | ≈3.5%* | Turning free-cash-flow positive; forward P/E ~15x on ~US$1.9B cap implies a mid-single-digit forward FCF yield |
| 133 | Thomson Reuters | TRI | Médias | ≈3.4%* | FCF TTM ~US$2.07B / market cap ~US$60B ≈ 3.4% |
| 134 | Andlauer Healthcare Group | AND | Industrielles | ≈3.1%* | Earnings yield from a ~32x P/E; defensive healthcare-logistics cash flows. |
| 135 | Dye & Durham | DND | Logiciels | ≈3%* | Distressed, loss-making and heavily indebted; equity FCF yield is unreliable — treat as speculative |
| 136 | Sylogist | SYZ | Logiciels | ≈3%* | unprofitable on net income during SaaS transition; historically cash-generative core, low current FCF yield on a beaten-down cap |
| 137 | Aecon Group | ARE | Industrielles | ≈3%* | Trailing net loss makes P/E unusable; forward earnings multiple in the mid-20s implies a low single-digit forward earnings/FCF yield as profitability recovers. |
| 138 | PrairieSky Royalty | PSK | Énergie | ≈3%* | Net income ~C$242M on ~C$7.9B market cap (~3% earnings yield); capital-light royalty model converts nearly all revenue to FCF, so FCF yield ~3%. |
| 139 | Waste Connections | WCN | Industrielles | ≈2.9%* | TTM free cash flow of US$1.22B against a market cap of US$41.7B ≈ 2.9%. |
| 140 | Toromont Industries | TIH | Industrielles | ≈2.9% | TTM free cash flow of ~C$506.8M divided by ~C$17.2B market cap ≈ 2.95%. |
| 141 | Dollarama Inc. | DOL | Commerce de détail | ≈2.9% | TTM operating cash flow C$1.83B − capex ~C$0.32B = ~C$1.51B free cash flow ÷ ~C$51.5B market cap ≈ 2.9%. |
| 142 | Chartwell Retirement Residences | CSH.UN | Immobilier et FPI | ≈2.8%* | GAAP P/E is meaningless for a real-estate trust; used the ~2.8% distribution yield (backed by rapidly growing FFO) as the cash-yield proxy since FFO/AFFO figures were not disclosed on the fetched page. |
| 143 | Hudbay Minerals | HBM | Matériaux et mines | ≈2.8%* | TTM FCF of US$284.5M against a ~C$14.1B market cap (~US$10.3B at ~1.37 USD/CAD) ≈ 2.8%. |
| 144 | Alamos Gold | AGI | Or et métaux précieux | ≈2.8%* | TTM free cash flow ~US$323M ÷ market cap ~US$11.63B ≈ 2.8%; deliberately suppressed by heavy growth capex. |
| 145 | Boardwalk REIT | BEI.UN | Immobilier et FPI | ≈2.7%* | Low ~2.7% distribution yield on CAD 1.80/unit; conservative payout, much cash flow retained for reinvestment so true FCF yield is higher. |
| 146 | Aritzia | ATZ | Commerce de détail | ≈2.7%* | Trailing P/E ~37x implies an earnings yield near 2.7%; free cash is largely reinvested into U.S. store growth, so the effective FCF yield is low-single-digit. |
| 147 | Descartes Systems Group | DSG | Logiciels | ≈2.7%* | High free-cash-flow conversion on a ~US$9B market cap; ~40x P/E implies a low-single-digit FCF yield |
| 148 | Badger Infrastructure Solutions | BDGI | Industrielles | ≈2.7%* | Mid-to-high-30s trailing P/E (~2.7% earnings yield); heavy fleet reinvestment means reported FCF yield is lower, but growth is strong. |
| 149 | Capstone Copper | CS | Matériaux et mines | ≈2.7%* | TTM FCF of US$200.5M against a ~C$10.2B market cap (~US$7.4B at ~1.37 USD/CAD) ≈ 2.7%. |
| 150 | Exchange Income | EIF | Industrielles | ≈2.6%* | High-30s trailing P/E (~2.6% earnings yield); as a dividend/acquisition compounder its FCF-based payout coverage is the better lens. |
| 151 | Cargojet | CJT | Industrielles | ≈2.6%* | High-30s trailing P/E (~2.6% earnings yield) on a sharply-lower earnings year; management emphasizes strong underlying free cash flow, so true FCF yield is likely higher. |
| 152 | Boyd Group Services | BYD | Services automobiles | ≈2.5%* | low — growth capex on new locations consumes most operating cash flow; ~C$3.8B market cap |
| 153 | Silvercorp Metals | SVM | Or et métaux précieux | ≈2.5%* | Trailing net income slightly negative and FCF not disclosed; low qualitative cash-yield estimate reflecting a stock valued on silver optionality and its cash/investment holdings rather than current earnings. |
| 154 | Kinaxis | KXS | Logiciels | ≈2.3%* | ~40x P/E with improving margins on ~C$4.8B cap implies a low FCF yield |
| 155 | RB Global | RBA | Industrielles | ≈2.2%* | Approximate earnings yield from a ~46x P/E; capital-light commission model converts earnings to cash well, so FCF yield is broadly similar (low single digits). |
| 156 | Capital Power | CPX | Services publics | ≈2.2%* | FCF yield ≈ 2.2%: TTM free cash flow of ~C$225M (operating cash flow ~C$1.1B minus ~C$910M capex) on a ~C$10.4B market cap. Positive and improving, but thinner than the ~4.2% dividend yield it must support. |
| 157 | Canadian Pacific Kansas City | CP | Industrielles | ≈2.2%* | TTM free cash flow of C$2.40B (≈US$1.75B) against a market cap of ~US$78.0B ≈ 2.2%. |
| 158 | First Quantum Minerals | FM | Matériaux et mines | ≈2.1%* | Trailing free cash flow of about US$496M against a market cap of roughly C$32.2B (~US$23.5B) implies an FCF yield near 2.1%. |
| 159 | Hammond Power Solutions | HPS.A | Industrielles | ≈1.9%* | Earnings yield from a ~52x P/E; premium growth multiple, so low FCF yield estimate. |
| 160 | Element Fleet Management | EFN | Services financiers diversifiés | ≈1.9% | Reported GAAP FCF of C$0.61/share (TTM) on a C$32.16 price is ~1.9%, but GAAP FCF is depressed by lease-origination cash outflows that Element later syndicates; on earnings the yield is ~3.3% (30.5x trailing) and ~6.4% on the ~15.6x forward multiple, so management guides to an adjusted FCF-per-share basis instead. |
| 161 | Cameco | CCO | Matériaux et mines | ≈1.6%* | Trailing free cash flow of about C$922M against a market cap near C$57.0B implies an FCF yield of roughly 1.6%. |
| 162 | Aya Gold & Silver | AYA | Or et métaux précieux | ≈1.5%* | FY2025 free cash flow ~US$39M (TTM higher) against a ~C$4.6B market cap implies a low-single-digit FCF yield; trailing P/E ~38x / forward ~17x. Reflects the ~3x share re-rating on silver strength. |
| 163 | MDA Space | MDA | Industrielles | ≈1.5%* | P/E ~60x trailing (~35x forward) implies a ~1.7% earnings yield; free cash flow is constrained near-term by heavy capacity investment to fulfill satellite backlog. |
| 164 | Coveo Solutions | CVO | Logiciels | ≈1.5%* | unprofitable but recently positive operating cash flow; small implied FCF yield, valued on growth |
| 165 | Celestica Inc. | CLS | Logiciels | ≈1.4% | TTM free cash flow US$519M ÷ market cap US$38.02B ≈ 1.4%. |
| 166 | Shopify Inc. | SHOP | Logiciels | ≈1.3% | TTM FCF ≈US$2.1B ÷ ≈US$161B market cap |
| 167 | BlackBerry | BB | Logiciels | ≈1.3%* | ~90x trailing P/E and thin profitability on ~US$5B cap imply a very low FCF yield |
| 168 | Tecsys | TCS | Logiciels | ≈1%* | very low near-term FCF yield; earnings depressed by SaaS transition (trailing P/E ~120x), valued on future recurring-revenue growth |
| 169 | NovaGold Resources | NG | Or et métaux précieux | ≈0%* | Pre-revenue developer with recurring net losses; no earnings or free cash flow to yield on. |
| 170 | Interfor | IFP | Matériaux et mines | ≈0%* | Loss-making on a trailing basis (net loss ~-$373M) with FCF not disclosed; effectively no positive cash/earnings yield at this point in the lumber cycle. |
| 171 | Canfor | CFP | Matériaux et mines | ≈0%* | Loss-making on a trailing basis (net loss ~-$654M, EPS ~-$5.60) with FCF not disclosed; effectively no positive yield at the trough of the forest-products cycle. |
| 172 | Corus Entertainment | CJR.B | Médias | ≈0%* | Deeply unprofitable, distressed micro-cap (TTM net loss ~C$331M); equity is effectively a restructuring option with no reliable positive owner earnings/FCF yield. |
| 173 | Seabridge Gold | SEA | Or et métaux précieux | ≈0%* | Pre-revenue development-stage company with recurring losses and negative free cash flow; no earnings or FCF yield applies |
| 174 | Hydro One | H | Services publics | ≈-1.3%* | FCF yield ≈ -1.3%: TTM free cash flow of -C$456M (operating cash flow just below ~C$3.0B capex) on a ~C$35.0B market cap. Only mildly negative — Hydro One funds most of its growth internally, better than heavier-capex peers. |
| 175 | GFL Environmental | GFL | Industrielles | ≈-1.6%* | TTM operating cash flow of C$976M less ~C$1.21B capex = FCF of about -C$235M against a C$14.9B market cap ≈ -1.6% (management instead guides to a positive adjusted free cash flow). |
| 176 | Boralex | BLX | Services publics | ≈-2.3%* | FCF yield: free cash flow -C$88M TTM / market cap C$3.81B ≈ -2.3%. Negative because heavy growth capex on new wind/solar/storage exceeds operating cash flow — expected for a renewables developer in build-out; operating cash flow is positive. Computed estimate. |
| 177 | NexGen Energy | NXE | Matériaux et mines | ≈-3.4%* | Trailing free cash flow of about -C$295M against a market cap near C$8.6B implies a negative FCF yield of roughly -3.4%, consistent with a pre-revenue developer funding construction. |
| 178 | Ivanhoe Mines | IVN | Matériaux et mines | ≈-4.2%* | Trailing free cash flow of about -US$443M against a market cap near C$14.4B (~US$10.5B) implies a negative FCF yield of roughly -4.2%, reflecting heavy expansion capex. |
| 179 | Eldorado Gold | ELD | Or et métaux précieux | ≈-6.7%* | TTM free cash flow ~−US$553M (Skouries construction) ÷ market cap ~US$8.29B ≈ −6.7%; pre-inflection, no positive FCF yield today. |
| 180 | Emera | EMA | Services publics | ≈-8.1%* | FCF yield ≈ -8.1%: TTM free cash flow of -C$1.85B (C$1.84B operating cash flow minus C$3.69B capex) on a ~C$22.9B market cap. Structurally negative, funded by debt and equity to grow the regulated rate base. |
| 181 | West Fraser Timber | WFG | Matériaux et mines | ≈-9%* | Trailing free cash flow is roughly negative US$480M (near break-even operating cash flow less capex) against a ~US$5.2B market cap, about −9% — a cyclical-trough figure; note Q2 2026 operating cash flow was a positive US$192M. Estimated. |
Rendement des bénéfices — banques et assureurs
Le flux de trésorerie disponible n'est pas une mesure significative pour un bilan de prêt ou un assureur vie; ces titres sont donc classés sur le rendement des bénéfices (l'inverse du ratio cours-bénéfice).
| # | Entreprise | Symbole | Secteur | Rendement des bénéfices | Base |
|---|---|---|---|---|---|
| 1 | Fairfax Financial Holdings | FFH | Assurance | ≈12.2% | TTM EPS of roughly C$286 on a ~C$2,347 share price implies a P/E of ~8x and an earnings yield of ~12% — but recent earnings are inflated by non-recurring investment gains, so normalized earnings yield is lower. |
| 2 | AGF Management | AGF.B | Services financiers diversifiés | ≈9% | 1/PE on ~11.1x trailing P/E (verified EPS ~C$2.07) |
| 3 | Trisura Group | TSU | Assurance | ≈7.4% | P/E of 13.4 on TTM EPS of C$3.10 at C$42.28 → earnings yield ≈ 1/13.4 ≈ 7.4% |
| 4 | The Toronto-Dominion Bank | TD | Banques | ≈7.3% | ≈ earnings yield (trailing P/E ~13.6) |
| 5 | Propel Holdings | PRL | Services financiers diversifiés | ≈7.1% | 1/PE on ~14.1x trailing P/E (verified EPS ~C$1.87) |
| 6 | Bank of Montreal (BMO) | BMO | Banques | ≈7%* | ≈ earnings yield (trailing P/E ~14; EPS recovering) |
| 7 | Bank of Nova Scotia (Scotiabank) | BNS | Banques | ≈6.7% | ≈ earnings yield (trailing P/E ~14.9) |
| 8 | Intact Financial | IFC | Assurance | ≈6.5% | P/E of 15.3 on TTM EPS of C$17.99 at C$283.16 → earnings yield ≈ 1/15.3 ≈ 6.5% |
| 9 | Canadian Imperial Bank of Commerce (CIBC) | CM | Banques | ≈6.1% | ≈ earnings yield (trailing P/E ~16.5) |
| 10 | Manulife Financial | MFC | Assurance | ≈6.1% | ≈ earnings yield (trailing P/E ~16.4) |
| 11 | National Bank of Canada | NA | Banques | ≈6%* | ≈ earnings yield (trailing P/E ~16) |
| 12 | Royal Bank of Canada | RY | Banques | ≈5.4% | ≈ earnings yield (trailing P/E ~18) |
| 13 | Great-West Lifeco | GWO | Assurance | ≈5.2% | P/E of 19.2 on TTM EPS of C$4.84 at C$93.29 → earnings yield ≈ 1/19.2 ≈ 5.2% (forward P/E ~15.4) |
| 14 | iA Financial Corporation | IAG | Assurance | ≈5.2% | P/E of 19.2 on TTM EPS of C$10.80 at C$207.12 → earnings yield ≈ 1/19.2 ≈ 5.2% |
| 15 | Triple Flag Precious Metals | TFPM | Or et métaux précieux | ≈5% | Verified trailing P/E ~19.9 for the streaming/royalty business implies ~5% earnings yield (1/PE). |
| 16 | Definity Financial | DFY | Assurance | ≈4.8% | P/E of 20.9 on TTM EPS of C$3.84 at C$81.78 → earnings yield ≈ 1/20.9 ≈ 4.8% |
| 17 | Sun Life Financial | SLF | Assurance | ≈4.6% | ≈ earnings yield (trailing P/E ~21.7) |
| 18 | Fortis Inc. | FTS | Services publics | ≈4.3% | Trailing P/E of ~23.5x at C$79.61 implies a ~4.3% earnings yield (1 ÷ 23.5). Fortis is a regulated utility in a heavy capital-investment phase, so reported free cash flow is negative and an earnings yield is the appropriate lens. |
| 19 | Power Corporation of Canada | POW | Services financiers diversifiés | ≈4.2%* | 1 ÷ trailing P/E of ~23.7x ≈ 4.2% earnings yield on C$95.94; forward P/E of ~14.3x implies ~7% on normalized earnings. Dividend yield ~2.8% (C$2.67/share). |
| 20 | Canaccord Genuity Group | CF | Services financiers diversifiés | ≈4%* | Reported FY2026 GAAP earnings were negative, so a trailing earnings yield is not meaningful; on normalized through-cycle capital-markets earnings a mid-single-digit earnings yield is a reasonable placeholder. |
| 21 | Sprott | SII | Services financiers diversifiés | ≈3.9% | 1/PE on ~25.4x trailing P/E (verified EPS ~C$5.79) |
| 22 | Fiera Capital | FSZ | Services financiers diversifiés | ≈3.6% | 1/PE on ~27.6x trailing P/E; GAAP earnings are thin and well below the ~8.4% cash dividend, so distributable-earnings yield differs |
| 23 | AltaGas | ALA | Intermédiaire et pipelines | ≈3.6% | GAAP trailing P/E of ~27.9x at C$55.58 implies a ~3.6% earnings yield (1 ÷ 27.9). FCF is negative during the capital build-out, so an earnings yield is used rather than FCF; normalized EPS would imply a somewhat higher yield. |
| 24 | Algonquin Power & Utilities | AQN | Services publics | ≈3.6%* | Earnings yield: net income US$159.7M TTM / market cap US$4.47B ≈ 3.6% (equivalently ~1/PE of 27.9). Reported FCF is negative (-US$118.5M TTM) on rate-base capex, so an FCF yield is not meaningful for a utility in investment mode. |
| 25 | EQB Inc. | EQB | Banques | ≈3.5% | TTM EPS of ~C$5.09 on a ~C$144 share price implies a P/E of ~28x and an earnings yield of ~3.5% — but this sits on depressed FY2026 earnings, so normalized yield would be higher. |
| 26 | ECN Capital | ECN | Services financiers diversifiés | ≈2%* | 1/PE on ~49.3x trailing P/E, but earnings are depressed by restructuring; normalized earnings yield would be higher |
| 27 | Laurentian Bank | LB | Banques | ≈0.8%* | 1/PE on ~133x trailing P/E, but trailing earnings are severely depressed by transaction charges and a loan-portfolio-sale loss; normalized earnings yield is materially higher — dividend yield ~4.7% is a better anchor |
| 28 | goeasy | GSY | Services financiers diversifiés | ≈-33.4% | Trailing-twelve-month diluted EPS of roughly -C$16.30 on a ~C$48.73 share price gives a negative earnings yield (~-33%); TTM net loss ~C$270M following a ~C$337M Q4 2025 charge. P/E is not meaningful. |