06:18:43 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Westshore Terminals Investment Corp
Symbol WTE
Shares Issued 73,549,854
Close 2017-03-14 C$ 26.35
Market Cap C$ 1,938,038,653
Recent Sedar Documents

Globe says Savaria, others are geared for growth

2017-03-14 07:32 ET - In the News

See In the News (C-SIS) Savaria Corp

The Globe and Mail attempts to identify high-quality Canadian industrial companies showing positive revenue growth and economic performance in its Tuesday, March 14, edition. The Globe's guest columnist Jean-Didier LaPointe writes in the Number Cruncher column that he searched Canadian industrials using the following criteria: a minimum market cap of $350-million; and an economic performance index, or EPI (return on capital divided by cost of capital), of 1.0 or higher. An EPI ratio of 1.0 or more indicates a company's capacity to create wealth for its shareholders (a higher EPI displays a greater rate of wealth creation); a return on capital of 8 per cent or higher; a positive return on capital change over the past 12 months; future-growth-value-to-market-value ratio; the free-cash-flow-to-capital ratio. This ratio gives a sense of how well the company uses the invested capital to generate free cash flow, which could be used to stimulate growth, pay and/or increase dividends and reduce debt; and all companies must pay a dividend. Companies showing positive economic performance are Magellan Aerospace, Westshore Terminals Investment, Hardwoods Distribution, Savaria and Boyd Group Income Fund.

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