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Quebecor Inc Cl A MV (TSE:QBR.A)
:QBR.A
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Quebecor Inc Cl A MV
(TSX:QBR.A)79Outperform
Quebecor Inc Cl A MV (QBR.A) vs. S&P 500 (SPY)
Market Cap
C$8.45B
Dividend Yield3.6%
Average Volume (3M)1.26K
Price to Earnings (P/E)11.2
Beta (1Y)0.47
Revenue Growth3.76%
EPS Growth14.27%
CountryCA
Employees11,417
SectorCommunication Services
Sector Strength85
IndustryTelecommunications
Share Statistics
EPS (TTM)3.22
Shares Outstanding75,449,875
10 Day Avg. Volume2,349
30 Day Avg. Volume1,258
Financial Highlights & Ratios
PEG Ratio0.78
Price to Book (P/B)N/A
Price to Sales (P/S)2.06
Price to Cash Flow (P/CF)3.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Quebecor Inc Cl A MV Business Overview & Revenue Model
Company DescriptionQuebecor Inc Cl A MV (QBR.A) is a leading Canadian telecommunications and media company headquartered in Montreal, Quebec. The company operates primarily through its subsidiaries in three main sectors: Telecommunications, Media, and Sports and Entertainment. Quebecor's core services include cable television, internet access, and telephony services under the Videotron brand, as well as a wide array of media assets including television networks, newspapers, and magazines.
How the Company Makes MoneyQuebecor Inc generates revenue primarily through its telecommunications segment, which is driven by subscriptions to its cable television, internet, and telephony services provided by Videotron. This segment is the largest contributor to the company's earnings, benefiting from a stable customer base and the expansion of its high-speed internet and mobile offerings. In the Media segment, Quebecor earns through advertising sales, subscription fees, and content distribution from its various television networks, newspapers, and digital platforms. The company's Sports and Entertainment division adds additional revenue streams through event hosting, ticket sales, and related entertainment services. Strategic partnerships, technological advancements, and a strong focus on regional content are significant factors that bolster Quebecor's revenue structure.
Quebecor Inc Cl A MV Financial Statement Overview
Summary
Quebecor Inc is performing well with strong revenue growth and profitability metrics. The company has a robust gross profit margin and improved net profit margin. Despite high leverage, the return on equity and cash flow generation are strong, although caution is warranted due to recent declines in free cash flow conversion.Income Statement
Quebecor Inc demonstrates strong revenue growth with a 3.75% increase in the latest year and a robust gross profit margin of 55.33%. The net profit margin has also improved to 13.26%, indicating efficient cost management. However, the absence of EBIT in the latest year may need further investigation.85
Very Positive
Balance Sheet
The company has a high debt-to-equity ratio of 3.71, suggesting significant leverage, which could pose risks if not managed properly. However, the equity ratio improved to 16.60%, indicating a stronger capital base. Return on equity is strong at 34.65%, reflecting effective use of equity capital.70
Positive
Cash Flow
Quebecor Inc shows a positive free cash flow growth rate of -8.70%, indicating strong cash generation capabilities. The operating cash flow to net income ratio of 2.30 demonstrates efficient conversion of income to cash. However, the free cash flow to net income ratio saw a slight decline, requiring monitoring.80
Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 5.64B | 5.43B | 4.53B | 4.55B | 4.32B | Gross Profit |
| 3.12B | 2.99B | 2.63B | 2.66B | 2.59B | EBIT |
| 0.00 | 1.33B | 1.16B | 1.19B | 1.15B | EBITDA |
| 2.34B | 2.18B | 1.89B | 1.89B | 1.92B | Net Income Common Stockholders |
| 747.50M | 650.50M | 599.70M | 578.40M | 607.20M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 61.80M | 11.10M | 6.60M | 64.70M | 136.70M | Total Assets |
| 13.00B | 12.74B | 10.63B | 10.76B | 9.86B | Total Debt |
| 8.00B | 8.17B | 6.83B | 6.86B | 6.10B | Net Debt |
| 7.94B | 8.16B | 6.82B | 6.79B | 5.96B | Total Liabilities |
| 10.73B | 10.90B | 9.14B | 9.38B | 8.65B | Stockholders Equity |
| 2.16B | 1.73B | 1.36B | 1.26B | 1.11B |
| Cash Flow | Free Cash Flow | |||
| 820.60M | 898.90M | 653.10M | -265.40M | 778.40M | Operating Cash Flow |
| 1.72B | 1.46B | 1.26B | 1.18B | 1.43B | Investing Cash Flow |
| -921.90M | -2.68B | -631.30M | -1.54B | -713.90M | Financing Cash Flow |
| -712.20M | 1.18B | -812.60M | 281.90M | -602.00M |
Quebecor Inc Cl A MV Technical Analysis
Positive
36.13
Price Trends
33.05
Positive
33.31
Positive
32.36
Positive
Market Momentum
0.83
Negative
71.14
Negative
80.89
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QBR.A, the sentiment is Positive. The current price of 36.13 is above the 20-day moving average (MA) of 34.16, above the 50-day MA of 33.05, and above the 200-day MA of 32.36, indicating a bullish trend. The MACD of 0.83 indicates Negative momentum. The RSI at 71.14 is Negative, neither overbought nor oversold. The STOCH value of 80.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:QBR.A.
Quebecor Inc Cl A MV Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$8.45B | 11.19 | 38.49% | 3.60% | 3.76% | 14.27% | |
79 Outperform | C$8.45B | 11.19 | 38.85% | 3.78% | 3.76% | 14.27% | |
77 Outperform | $2.81B | 8.12 | 11.48% | 5.50% | -0.07% | -1.48% | |
76 Outperform | $35.12B | 34.05 | 6.26% | 7.19% | 0.67% | 15.00% | |
59 Neutral | $30.54B | 0.25 | -13.23% | 4.04% | 2.36% | -49.53% | |
56 Neutral | $33.16B | 197.83 | 1.53% | 11.75% | -0.73% | -96.22% |
* Communication Services Sector Average
Performance Comparison
TSE:QBR.A
Quebecor Inc Cl A MV
36.40
5.36
17.27%
TSE:T
Telus
23.20
1.30
5.93%
TSE:BCE
BCE
36.35
-8.20
-18.41%
TSE:CCA
Cogeco Communications
66.46
9.83
17.36%
TSE:QBR.B
Quebecor
36.53
5.80
18.86%
Quebecor Inc Cl A MV Earnings Call Summary
Earnings Call Date: Feb 27, 2025 | % Change Since: 6.26% | Next Earnings Date: May 8, 2025
Earnings Call Sentiment Positive
The earnings call presented a positive outlook with strong financial growth, subscriber gains, and improved customer satisfaction. However, challenges such as ARPU decline and regulatory issues in Western Canada were noted. Overall, the highlights significantly outweighed the lowlights.Highlights
Strong Cash Flow and EBITDA Growth
Cash flow increased by 17% in Q4 and 18% for the full year 2024. EBITDA rose by 4% in Q4 and 6% for the year.
Wireless Subscriber Growth
The company gained 88,000 net additions in Q4, 21,000 more than Q4 last year, ending the year with 373,000 net new lines and a 10% year-over-year growth in subscribers.
Improved Customer Satisfaction
Videotron, Fizz, and Freedom Mobile received high rankings in customer experience indices, with Videotron achieving the top spot in Quebec for in-store experience.
Media Segment Improvement
TVA Group posted an adjusted EBITDA of $11 million in 2024, a favorable variance of $17 million compared to the previous year.
Debt Reduction and Dividend Increase
Net debt-to-EBITDA ratio decreased to 3.31x, the lowest among Canadian telecom operators, with a declared quarterly dividend increase of 8%.
Lowlights
ARPU Decline
Consolidated wireless ARPU decreased by $1.93 to $34.36 in Q4, mainly due to the impact of Freedom prepaid services and Fizz entry-level prices.
Wireline Customer Base Decline
Internet customer base declined by 2,000 in Q4, although there was a year-over-year growth of 5,000 for 2024.
Regulatory and Competitive Challenges
Concerns were raised about TELUS receiving lower wholesale rates in Quebec and Ontario, leading to competitive disadvantages in Western Canada.
Company Guidance
In the recent Quebecor Inc. conference call discussing financial results for the fourth quarter and full-year 2024, the company highlighted several key metrics that underscore its robust performance. Quebecor reported a 17% increase in cash flow for Q4 and an 18% increase for the entire year. EBITDA showed a rise of 4% in Q4 and 6% for the year, contributing to the company's solid financial standing, characterized by a net debt-to-EBITDA ratio of 3.31x, the lowest among Canada’s top telecom operators. The company also achieved a notable 10% year-over-year growth in wireless subscribers, ending 2024 with over 4.1 million wireless subscribers. Additionally, Quebecor announced a quarterly dividend increase of 8% to $0.35 per share. The guidance reflects Quebecor’s strategic focus on maintaining a disciplined financial approach, reducing debt, and enhancing customer experience across its brands.Quebecor Inc Cl A MV Corporate Events
M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Quebecor Inc. Reports Robust 2024 Financial Results and Strategic Expansion
Positive
Feb 27, 2025
Quebecor Inc. reported strong financial performance for 2024, with significant increases in cash flows, adjusted EBITDA, and revenues. The acquisition of Freedom Mobile and growth at Videotron contributed to a notable rise in mobile services revenue. The company also expanded its service areas and upgraded its technology, enhancing its market positioning and offering improved services to customers.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.