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Empire Company Limited (EMP-A.TO)

CAD49.50 -0.72 (-1.43%)
CA TSX Consumer Defensive Grocery Stores
Address 115 King Street B0K 1S0
Stellarton, NS, CA
CEO Pierre St-Laurent
IPO 1995-01-12
ISIN CA2918434077

Explore sections of this company profile

Also trades on Other OTC · EMLAF (USD) Toronto Stock Exchange · EMP-A.TO (CAD)
Description

Headquartered in Stellarton, Canada, Empire Company Limited, established in 1907, is a prominent player in Canadian food retail and related real estate. Its operations are bifurcated into Food Retailing, and Investments and Other Operations. Under its retail division, the company owns, affiliates with, or franchises approximately 1,600 stores nationwide, operating under well-known banners such as Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs. Additionally, it oversees about 350 retail fuel stations and manages various e-commerce grocery platforms, including Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com. Within its investment segment, Empire holds a significant interest in Crombie Real Estate Investment Trust, which is dedicated to the ownership, operation, and development of commercial properties, particularly those anchored by grocery and pharmacy businesses, encompassing shopping centers, standalone units, and mixed-use developments. The company also possesses equity interests in Genstar partnerships, which are involved in residential real estate development across Ontario, Western Canada, and the United States.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD49.50 -0.72 (-1.43%)
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Volume Profile
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Liquidity & share structure
Average Volume
472.6K
Beta
0.34
Float Shares
123.21M
Free Float %
53.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.24% +2.37% +5.14% +1.05% -4.98% +2.45% -7.70% +40.09% +20.81% +118.26% +1,998.28%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Buy
Price Targets & DCF
Current price
49.50
DCF (Unlevered) 247.76 +400.5%
DCF (Levered) 175.13 +253.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 25% Bullish
Rating 2026-05 Change
Strong Buy 1 -1
Buy 1 0
Hold 5 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
2.74
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Grocery Stores: +6.0%
    +1.9% Q2'26: +2.0% (vs Q2'25)
  • EPS growth Grocery Stores: +8.6%
    -70.7% Q2'26: +24.3% (vs Q2'25)
  • FCF margin FCF growth · Grocery Stores: +22.1%
    +1.3% Q2'26: +3.2% (vs Q2'25)
  • EBIT margin Grocery Stores: +4.2%
    +2.0% Q2'26: +4.5% (vs Q2'25)
  • ROIC Grocery Stores: +9.0%
    +3.9% Q2'26: +9.0% (vs Q2'25)
  • Share dilution Grocery Stores: +0.1%
    -3.9% Q2'26: -2.3% (vs Q2'25)
  • Debt / EBITDA Net debt/EBITDA · Grocery Stores: 0.58×
    4.38× Q2'26: 3.01× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.35) × ERP
WACC = 61% × Ke + 39% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 247.76 Current price: 49.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Apr 2024
actual
Apr 2025
actual
Apr 2026
6 Rev. Ana.
7 EPS Ana.
Apr 2027
5 Rev. Ana.
6 EPS Ana.
Apr 2028
5 Rev. Ana.
6 EPS Ana.
Apr 2029
2 Rev. Ana.
2 EPS Ana.
Revenue
30.80B
est: 30.73B (+0.2%)
31.36B
est: 31.29B (+0.2%)
31.96B
31.94B – 31.98B
+2.1% YoY
32.95B
32.87B – 32.99B
+3.1% YoY
33.96B
33.62B – 34.27B
+3.1% YoY
34.85B
34.63B – 35.03B
+2.6% YoY
EBITDA
2.12B
est: 2.85B (-25.5%)
2.29B
est: 1.95B (+17.8%)
1.99B
1.99B – 1.99B
+2.1% YoY
2.05B
2.04B – 2.05B
+3.1% YoY
2.11B
2.09B – 2.13B
+3.1% YoY
2.17B
2.15B – 2.18B
+2.6% YoY
EBIT
1.14B
est: 1.26B (-9.2%)
1.26B
est: 1.12B (+12.1%)
1.15B
1.15B – 1.15B
+2.1% YoY
1.18B
1.18B – 1.18B
+3.1% YoY
1.22B
1.21B – 1.23B
+3.1% YoY
1.25B
1.24B – 1.26B
+2.6% YoY
Net Income
725.20M
est: 653.76M (+10.9%)
700.00M
est: 677.88M (+3.3%)
731.24M
722.12M – 736.20M
+7.9% YoY
823.30M
818.71M – 827.89M
+12.6% YoY
887.90M
859.99M – 905.86M
+7.8% YoY
963.19M
955.42M – 969.82M
+8.5% YoY
SGA
7.00B
est: 6.78B (+3.2%)
7.21B
est: 7.04B (+2.4%)
7.19B
7.18B – 7.19B
+2.1% YoY
7.41B
7.39B – 7.42B
+3.1% YoY
7.63B
7.56B – 7.71B
+3.1% YoY
7.84B
7.79B – 7.88B
+2.6% YoY
EPS
2.92
est: 2.74 (+6.6%)
2.94
est: 2.96 (-0.5%)
3.19
3.15 – 3.21
+7.9% YoY
3.59
3.57 – 3.61
+12.6% YoY
3.87
3.75 – 3.95
+7.8% YoY
4.20
4.17 – 4.23
+8.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-27 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-26 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-25 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-22 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-21 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-20 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-19 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-15 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-14 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-13 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-12 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-11 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-08 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-07 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-06 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-05 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-04 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-05-01 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-04-30 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-04-29 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-04-28 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-04-27 B- 3/5 5/5 2/5 3/5 1/5 1/5 3/5
2026-04-24 B 3/5 5/5 2/5 4/5 1/5 1/5 3/5
2026-04-23 B 3/5 5/5 2/5 4/5 1/5 1/5 3/5
2026-04-22 B 3/5 5/5 2/5 4/5 1/5 1/5 3/5
2026-04-21 B 3/5 5/5 2/5 4/5 1/5 1/5 3/5
2026-04-20 B 3/5 5/5 2/5 4/5 1/5 1/5 3/5
2026-04-17 B 3/5 5/5 2/5 4/5 1/5 1/5 3/5
2026-04-16 B 3/5 5/5 2/5 4/5 1/5 1/5 3/5
2026-04-15 B 3/5 5/5 2/5 4/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.53B
OE per share TTM
6.57
Owner's Yield
13.65%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
25.1%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
1.81M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MN SERVICES VERMOGENSBEHEER B.V. 50.7K +568.0 (+1.1%) 1.76M -35.0K (-1.9%) 0.02% +0.000 pp 0.01% -0.001 pp CAD37.74 +26.4% 11 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.9K
Shares Outstanding
231.65M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Pierre St-Laurent Chief Executive Officer, President & Director 2M male
Julia Knox Executive VP, Chief Technology & Analytics Officer and Chief Retail Officer 1M female
Douglas Nathanson Executive Vice President, Chief Development Officer, General Counsel & Corporate Secretary 1M male
Constantine Pefanis Executive Vice President & Chief Financial Officer 1M male
Clinton David Keay Senior Vice President of Corporate Finance 793.0K male
Charles Joseph Mulvenna President of Safeway Operations - Sobeys 238.3K male
Katie Brine Director of Investor Relations female
Luc L'Archeveque Chief Customer Officer
John G. Morrow Vice President & Comptroller male
Sandra Pasquini Chief Human Resources Officer female
Sandra Sanderson Chief Marketing Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits