Prime Dividend Corp. (PDV.TO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-111.4%

-CA$1.65

vs CA$14.50 price

Levered DCF

-CA$1.22

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.73

Grey zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	3.53×	1.91×	-3.84×	-4.27×	2.84×	-3.8×	4.59×	-6.65×
P/B	0.93×	0.88×	0.86×	1.11×	1.12×	1.03×	1.39×	1.62×
P/S	2.51×	1.45×	44.96×	-11.42×	2.16×	-10.1×	4.1×	-8.17×
EV / EBITDA	4.86×	3.07×	0×	0×	4.78×	0×	8.65×	0×
Gross margin	100.0%	100.0%	100.0%	100.0%	100.0%	122.9%	100.0%	100.0%
Operating margin	93.0%	89.3%	-212.0%	121.9%	96.7%	144.1%	89.2%	123.1%
Net margin	71.2%	89.3%	-212.0%	154.1%	92.4%	171.3%	89.2%	123.1%
Current ratio	2.2×	0.16×	42.88×	8.1×	3.54×	0.1×	6.63×	11.73×
Debt / equity	0.81×	1.01×	2.29×	1.76×	1.26×	1.79×	1.35×	1.92×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	14.3%	16.2%	32.0%	22.3%	13.6%	15.9%	12.5%	15.1%
Payout ratio	50.6%	26.2%	-679.0%	-165.6%	31.8%	-93.7%	57.4%	-100.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	26.2%	54.1%	-4.0%	-14.9%	48.0%	-17.5%	30.3%	-24.3%
Return on invested capital	9.8%	26.9%	-0.1%	0.0%	0.0%	0.0%	12.8%	-8.3%
Return on assets	14.3%	26.5%	-1.2%	-5.3%	21.0%	-6.2%	12.7%	-8.3%
Free cash flow yield	22.5%	68.4%	42.5%	30.7%	24.8%	25.5%	31.6%	19.0%
Earnings yield	28.3%	61.6%	-4.7%	-13.5%	42.7%	-17.0%	21.8%	-15.1%
Enterprise value	CA$11.1M	CA$10.1M	CA$10.6M	CA$13.2M	CA$15.9M	CA$13.8M	CA$18.7M	CA$20.8M
Net debt / EBITDA	2.04×	1.51×	0×	0×	2.48×	0×	4.14×	0×
Cash conversion cycle (days)	2	2	194	-18	3	-23	28	-15