Saputo Inc. (SAP.TO)

Consumer Defensive · TOR · Canada

CAD39.95-3.60% today

Fundamentals

Market capCAD12.18B
P/E ratio25.5
Dividend yield1.88%
Profit margin3.8%
Return on equity10.0%
52-week rangeCAD28.45 to CAD45.09

Valuation and ratings

DCF fair valueCAD17.04
Upside to fair value-57.3%
Analyst target (mean)CAD47.63
Analyst rangeCAD42.00 to CAD51.00
Analysts covering8
Consensus viewnone
Moat score28/100
Overall rating22/100, Sell

Fair value: CAD17.04 (-57.3%), see how we got there

Saputo Inc. trades at CAD39.95, which is 57% above the CAD17.04 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 28 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 25.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

SAP.TO dividend history

Dividend yield1.88%
Paid, trailing 12 monthsCAD0.800 per share
Most recent paymentCAD0.200, ex 16 Jun 2026
Ex-dividend date16 Jun 2026
Dividend payment date25 Jun 2026
5-year growth (p.a.)+2.5%
Consecutive years of growth27
Consecutive years paid28

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)CAD0.4002
2025CAD0.7804
2024CAD0.7504
2023CAD0.7304
2022CAD0.7204
2021CAD0.7104
2020CAD0.6904
2019CAD0.6704
2018CAD0.6504
2017CAD0.6204
2016CAD0.5704

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

SAP.TO earnings and analyst estimates

Next earnings date6 Aug 2026 (in 9 days)
EPS estimate, next yearCAD2.40
Expected EPS growth+13.8%
Expected revenue growth+2.5%

Recommendation mix, 10 analyst ratings

6 buy3 hold1 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Saputo Inc.

Saputo Inc. produces, markets, and distributes dairy products in Canada, the United States, Australia, and the United Kingdom. The company offers mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, parmesan, goat cheese, feta, havarti, snacking, romano, string, blue, and soft and processed cheeses; and brie, camembert, brick, colby, farmer, munster, monterey jack, and fresh curd. It also provides fluid milk, cream, yogurt, sour cream, cottage cheese, and ice cream mixes; and butter and butter blends, flavored cream, dips, half and half, whipping cream, value-added beverages, creamers, coffee beverages, aerosol whipped toppings, almond and oat milk, and aseptic food products and beverages. In addition, the company offers dairy ingredients, including milk powder, whey powder, lactose, and whey protein concentrates, as well as lactoferrin and infant formula; spreads and oils; demineralized whey, lactose, casein, galacto-oligosaccharides, dairy ingredient blends, and nutritional products; and distributes fine imported cheese to specialty stores, and dairy and non-dairy products manufactured by third parties, as well as dairy alternative products. It serves customers in the retail, foodservice, and industrial markets. The company sells its products under the Saputo, Armstrong, Alexis de Portneuf, Bari, Cogruet, DuVillage 1860, Kingsey, Shepherd Gourmet Dairy, Stella, Woolwich Goat Dairy, Dairyland, Neilson, Nutrilait, Baxter, Scotsburn, Trutaste, Milk2Go/Lait's Go, Baileys, Heluva Good, Black Creek, Frigo, Frigo Cheese Heads, Lugano, Montchevre, Mozzeria, Saputo Gold, Treasure Cave, DairyStar, Friendship Dairies, Caboolture, CHEER, Cracker Barrel, Devondale, Great Ocean Road, Liddells, Mersey Valley, Mil Lel, Murray Goulburn Ingredients, Sungold, Tasmanian Heritage, Cathedral City, Clover, Country Life, Davidstow, Frylight, Wensleydale Creamery, Vitalite, and Sheese brands. Saputo Inc. was founded in 1954 and is headquartered in Montreal, Canada.

Industry: Packaged FoodsEmployees: 19,200HQ: Canada

Common questions

Is Saputo Inc. (SAP.TO) undervalued?

Against our discounted cash flow estimate of CAD17.04, SAP.TO at CAD39.95 is 57% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is SAP.TO's P/E ratio?

SAP.TO trades at 25.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Saputo Inc. (SAP.TO) pay a dividend?

Yes. Saputo Inc. yields 1.88% at the current share price. It has paid CAD0.800 per share over the trailing twelve months. It has paid a dividend in each of the last 28 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

When does SAP.TO report earnings next?

Saputo Inc. is scheduled to report on 6 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.

The full research page for SAP.TO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.