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North West Co. Valuation Multiples

Discover revenue and EBITDA valuation multiples for North West Co. and similar public comparables like Weis Markets, M. Yochananof & Sons, Ingles Markets, Europris and more.

North West Co. Overview

About North West Co.

The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company's revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International. It generates maximum revenue from Canada.


Founded

2011

HQ

Canada

Employees

7.0K

Financials (LTM)

Revenue: $2B
EBITDA: $261M

EV

$2B

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North West Co. Financials

North West Co. reported last 12-month revenue of $2B and EBITDA of $261M.

In the same LTM period, North West Co. generated $243M in gross profit, $261M in EBITDA, and $109M in net income.

Revenue (LTM)


North West Co. P&L

In the most recent fiscal year, North West Co. reported revenue of $2B and EBITDA of $252M.

North West Co. is profitable as of last fiscal year, with gross margin of 34%, EBITDA margin of 13%, and net margin of 5%.

See analyst estimates for North West Co.
LTMLast FY202320242025202620272028
Revenue$2B$2B$2B$2B$2B
Gross Profit$243M$648M$592M$635M$647M
Gross Margin13%34%33%34%34%
EBITDA$261M$252M$221M$238M$245M
EBITDA Margin14%13%12%13%13%
EBIT Margin9%8%8%8%8%
Net Profit$109M$103M$95M$101M$102M
Net Margin6%5%5%5%5%
Net Debt—$163M———

Financial data powered by Morningstar, Inc.

North West Co. Stock Performance

North West Co. has current market cap of $2B, and enterprise value of $2B.

Market Cap Evolution


North West Co.'s stock price is $37.38.

North West Co. share price increased by 0.4% in the last 30 days, and decreased by 10.6% in the last year.

North West Co. has an EPS (earnings per share) of $2.16.

See more trading valuation data for North West Co.
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$2B$2B0.0%0.4%-8.3%-10.6%$2.16

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North West Co. Valuation Multiples

North West Co. trades at 1.1x EV/Revenue multiple, and 7.8x EV/EBITDA.

See NTM and 2027E valuation multiples for North West Co.

EV / Revenue (LTM)


North West Co. Financial Valuation Multiples

As of May 4, 2026, North West Co. has market cap of $2B and EV of $2B.

North West Co. has a P/E ratio of 16.3x.

LTMLast FY202320242025202620272028
EV/Revenue1.1x1.1x1.1x1.1x1.1x
EV/EBITDA7.8x8.0x9.2x8.5x8.3x
EV/EBIT12.2x12.7x14.2x13.2x13.0x
EV/Gross Profit8.3x3.1x3.4x3.2x3.1x
P/E16.3x17.3x18.7x17.6x17.3x
EV/FCF20.2x19.6x26.6x24.3x20.0x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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North West Co. Margins & Growth Rates

North West Co. grew revenue by 4% and EBITDA by 13% in the last fiscal year.

In the most recent fiscal year, North West Co. reported gross margin of 34%, EBITDA margin of 13%, and net margin of 5%.

See estimated margins and future growth rates for North West Co.

North West Co. Margins

Last FY202420252026202720282029
Gross Margin34%34%34%14%
EBITDA Margin13%13%13%14%
EBIT Margin8%8%8%9%
Net Margin5%5%5%7%
FCF Margin5%4%5%5%

North West Co. Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth4%4%1%4%
Gross Profit Growth(61%)7%2%(56%)
EBITDA Growth13%8%3%15%
EBIT Growth16%7%2%18%
Net Profit Growth29%6%2%27%
FCF Growth5%10%22%7%

Data powered by FactSet, Inc. and Morningstar, Inc.

North West Co. Operational KPIs

North West Co.'s revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.

North West Co.'s Rule of 40 is 18% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

North West Co.'s Rule of X is 23% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for North West Co.
LTMLast FY202320242025202620272028
Rule of 4019%18%———
Bessemer Rule of X26%23%———
Revenue per Employee—$0.3M———
Opex per Employee—$0.1M———
G&A Expenses to Revenue—21%——21%
Opex to Revenue—26%25%26%26%

Data powered by FactSet, Inc. and Morningstar, Inc.

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North West Co. Competitors

North West Co. competitors include Weis Markets, M. Yochananof & Sons, Ingles Markets, Europris, Max Stock, Boxer Retail, Seria, Eureka Forbes, Pick n Pay and Woolworths Holdings.

Most North West Co. public comparables operate across General Merchandise.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Weis Markets0.3x—7.0x—
M. Yochananof & Sons1.3x—11.5x—
Ingles Markets0.4x—7.6x—
Europris1.4x1.4x8.7x8.4x
Max Stock3.3x3.3x14.3x14.4x
Boxer Retail0.9x0.8x11.1x10.0x
Seria0.7x0.7x7.8x7.0x
Eureka Forbes3.5x3.5x27.5x29.7x

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North West Co. M&A Activity

North West Co. has acquired 2 companies to date.

Last acquisition by North West Co. was on April 28th 2017. North West Co. acquired North Star Air for $23M (EV/Revenue multiple of ).

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Latest Acquisitions by North West Co.

North Star Air
Roadtown wholesale trading ltd.
Description
North Star Air is a Pickle Lake-headquartered airline serving remote communities in Northern Ontario. It operates scheduled passenger flights, charter services for executives, sports teams, and medical evacuations, alongside cargo transport for groceries and supplies, and fuel services through its network of aerodromes. The carrier manages a fleet of over 20 aircraft, including Beechcraft King Air and Cessna Caravan models, connecting isolated areas like Red Lake and Sioux Lookout with Thunder Bay and Winnipeg.
Roadtown Wholesale Trading Ltd. is a Road Town-based distributor of food and beverages in the British Virgin Islands. The company supplies groceries, imports, and retail products to supermarkets and hospitality venues across Tortola and surrounding islands through its Riteway brand stores.
HQ CountryCanadaBritish Virgin Islands
HQ City
Thunder Bay
Road Town
Deal Date28 Apr 201713 Jan 2017
Valuation$23M$42M
EV/Revenue
EV/EBITDA

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About North West Co.

When was North West Co. founded?North West Co. was founded in 2011.
Where is North West Co. headquartered?North West Co. is headquartered in Canada.
How many employees does North West Co. have?As of today, North West Co. has over 7K employees.
Who is the CEO of North West Co.?North West Co.'s CEO is Daniel G. McConnell.
Is North West Co. publicly listed?Yes, North West Co. is a public company listed on Tokyo Stock Exchange.
What is the stock symbol of North West Co.?North West Co. trades under NWC ticker.
When did North West Co. go public?North West Co. went public in 1990.
Who are competitors of North West Co.?North West Co. main competitors include Weis Markets, M. Yochananof & Sons, Ingles Markets, Europris, Max Stock, Boxer Retail, Seria, Eureka Forbes, Pick n Pay, Woolworths Holdings.
What is the current market cap of North West Co.?North West Co.'s current market cap is $2B.
What is the current revenue of North West Co.?North West Co.'s last 12 months revenue is $2B.
What is the current revenue growth of North West Co.?North West Co. revenue growth (NTM/LTM) is 5%.
What is the current EV/Revenue multiple of North West Co.?Current revenue multiple of North West Co. is 1.1x.
Is North West Co. profitable?Yes, North West Co. is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of North West Co.?North West Co.'s last 12 months EBITDA is $261M.
What is North West Co.'s EBITDA margin?North West Co.'s last 12 months EBITDA margin is 14%.
What is the current EV/EBITDA multiple of North West Co.?Current EBITDA multiple of North West Co. is 7.8x.
What is the current FCF of North West Co.?North West Co.'s last 12 months FCF is $100M.
What is North West Co.'s FCF margin?North West Co.'s last 12 months FCF margin is 5%.
What is the current EV/FCF multiple of North West Co.?Current FCF multiple of North West Co. is 20.2x.
How many companies North West Co. has acquired to date?As of May 2026, North West Co. has acquired 2 companies.
What was the largest acquisition by North West Co.?$42M acquisition of Roadtown wholesale trading ltd. on 13th January 2017 was the largest M&A North West Co. has done to date.
What companies North West Co. acquired?North West Co. acquired Roadtown wholesale trading ltd. and North Star Air.
In how many companies North West Co. has invested to date?North West Co. hasn't invested in any companies yet (or none have been disclosed publicly).

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