Company Valuation: Bank of Montreal

Data adjusted to current consolidation scope
Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 87,085 84,259 75,526 92,563 124,802 171,187 - -
Change - -3.25% -10.36% 22.56% 34.83% 37.17% - -
Enterprise Value (EV) 87,085 84,259 75,526 92,563 124,802 171,187 171,187 171,187
Change - -3.25% -10.36% 22.56% 34.83% 37.17% 0% 0%
P/E 11.6x 6.28x 18.4x 13.3x 15.2x 18.6x 14.6x 13.7x
PBR 1.68x 1.31x 1.08x 1.22x 1.56x 2.11x 2.01x 1.9x
PEG - 0.1x -0.3x 0.2x 0.7x 1.5x 0.5x 2x
Capitalization / Revenue 3.2x 2.5x 2.42x 2.86x 3.44x 4.36x 4.16x 3.99x
EV / Revenue 0x 0x 0x 0x 0x 4.36x 4.16x 3.99x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.2x 9.46x 8.95x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 4.24 5.44 5.8 6.12 6.44 6.768 6.968 7.588
Rate of return 3.16% 4.34% 5.53% 4.82% 3.7% 2.83% 2.91% 3.17%
EPS 2 11.58 19.99 5.68 9.51 11.44 12.86 16.4 17.52
Distribution rate 36.6% 27.2% 102% 64.4% 56.3% 52.6% 42.5% 43.3%
Net sales 1 27,186 33,710 31,199 32,412 36,274 39,270 41,140 42,933
EBITDA - - - - - - - -
EBIT 1 11,208 12,022 13,346 13,423 15,839 16,769 18,089 19,119
Net income 1 7,754 13,537 4,377 6,932 8,273 9,120 11,025 11,732
Net Debt - - - - - - - -
Reference price 2 134.37 125.49 104.79 126.88 174.23 239.22 239.22 239.22
Nbr of stocks (in thousands) 648,095 671,437 720,734 729,530 716,307 695,092 - -
Announcement Date 03/12/21 01/12/22 01/12/23 05/12/24 04/12/25 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.15x - - 2.75% 122B
13.79x - - 1.85% 912B
6.39x - - 4.86% 441B
6.92x - - 4.59% 389B
11.64x - - 2.34% 354B
6.43x - - 4.83% 349B
6.86x - - 4.66% 322B
10.77x - - 4.9% 296B
17.76x - - 2.37% 285B
11.55x - - 2.24% 255B
Average 11.13x 3.54% 372.53B
Weighted average by Cap. 10.79x 3.4%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Bank of Montreal

Historical PBR trend

Valuation ratios - PBR - Bank of Montreal

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Bank of Montreal

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Bank of Montreal


Year-on-year evolution of the Yield

Valuation ratios - Yield - Bank of Montreal
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