Savaria Corporation (SIS.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

+63.7%

CA$47.30

vs CA$28.90 price

Levered DCF

CA$56.41

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

4.15

Safe zone

Rating

A-

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	23.73×	29.25×	26.61×	25.44×	100.84×	27.81×	26.32×	32.65×
P/B	2.54×	2.46×	1.83×	1.99×	2.73×	2.62×	2.5×	2.88×
P/S	1.78×	1.63×	1.2×	1.14×	1.79×	2.07×	1.8×	1.99×
EV / EBITDA	11.5×	12.24×	10.26×	11.09×	18.78×	13.54×	13.95×	17.25×
Gross margin	35.2%	37.1%	34.2%	32.2%	32.6%	34.5%	33.5%	32.6%
Operating margin	12.0%	9.7%	8.6%	8.1%	5.4%	10.9%	9.8%	9.3%
Net margin	7.5%	5.6%	4.5%	4.5%	1.7%	7.5%	6.9%	6.2%
Current ratio	1.61×	1.81×	1.98×	1.79×	1.9×	2.67×	2.45×	1.99×
Debt / equity	0.32×	0.51×	0.58×	0.91×	0.99×	0.28×	0.29×	0.51×
Interest coverage	7.88×	4.28×	2.96×	3.64×	2.71×	10.14×	6.82×	6.88×
Dividend yield	2.4%	2.6%	3.4%	3.6%	2.5%	3.2%	3.1%	2.9%
Payout ratio	56.7%	76.9%	90.8%	92.0%	255.9%	89.2%	82.2%	92.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	10.7%	8.4%	6.9%	7.8%	2.7%	9.5%	9.5%	8.9%
Return on invested capital	9.0%	6.6%	5.8%	5.1%	2.2%	7.6%	8.1%	5.7%
Return on assets	6.3%	4.4%	3.4%	3.2%	1.0%	5.8%	5.9%	4.4%
Free cash flow yield	7.1%	7.1%	5.9%	7.8%	3.5%	5.8%	3.1%	2.3%
Earnings yield	4.2%	3.4%	3.8%	3.9%	1.0%	3.6%	3.8%	3.1%
Enterprise value	CA$1.8B	CA$1.7B	CA$1.3B	CA$1.3B	CA$1.6B	CA$757.8M	CA$714.6M	CA$660.4M
Net debt / EBITDA	1.19×	1.88×	2.14×	3.2×	4.46×	0.43×	0.77×	2.35×
Cash conversion cycle (days)	85	90	96	95	95	131	119	142