Added to YB: 2026-10-06
Pitch date: 2026-09-29
GOOS [neutral]
Canada Goose Holdings Inc.
+7.21%
current return
Author Info
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Company Info
Canada Goose Holdings Inc., together with its subsidiaries, designs, manufactures, and sells performance luxury outerwear, apparel, footwear, and accessories for men, women, youth, children, and babies.
Market Cap
CAD 1.1B
Pitch Price
CAD 10.95
Price Target
20.50 (+75%)
Dividend
N/A
EV/EBITDA
5.14
P/E
19.50
EV/Sales
1.13
Sector
Textiles, Apparel and Luxury Goods
Category
value
The 8-Point Gap in Canada Goose's Free Cash Flow
GOOS (pass): Canada Goose is a recognizable brand with recovering growth and margins, but IFRS-reported free cash flow overstates its economics: FY26 FCF margin falls from 9.8% to 1.7% after lease principal and other omitted costs, or 5.5% normalized. Even assuming high-7% margins and an 18x multiple, the US$20.50 FY2031 target implies a 24.4% IRR — below the 30% hurdle. Interest would rise in the low $6s, subject to deeper management diligence.
Read full article (5 min)