3 Canadian Growth Stocks Everyone Should Own
3 Canadian Growth Stocks Everyone Should Own
Last week, the Labor Department reported that the United States's Consumer Price Index fell 0.1% in June compared to May. It was the first month-on-month decline in over four years. With inflation showing signs of easing, investors believe the Federal Reserve could slash its benchmark interest rates sooner. Propelled by the optimism, the S&P/TSX Composite Index rose 0.6% on Friday and is trading 3.7% higher this month.
上周，劳工部报告称，美国的消费者物价指数在6月份环比5月份下降了0.1%。这是4年多来首次月环比下降。随着通胀显示出放缓的迹象，投资者认为美联储可能会更快地削减基准利率。在这种乐观情绪的推动下，S&P/TSX综合指数上涨了0.6%，本月上涨了3.7%。
Amid improving investors' sentiments, investors should consider buying the following three top Canadian growth stocks.
在投资者情绪改善之际，投资者应考虑购买以下三个加拿大顶级成长股。
Dollarama
Dollarama
Dollarama (TSX:DOL) is a discount retailer that has delivered impressive returns of 778% over the last 10 years at an annualized rate of 24.2%. Its aggressive expansion and solid underlying business drove its financials, supporting its stock price growth. It has adopted a direct sourcing method, acquiring higher bargaining power while eliminating intermediatory expenses. Besides, its effective logistics have also allowed the company to offer products at attractive prices, thus enjoying healthy same-store sales even during a challenging macro environment.
Dollarama (TSX:DOL) 是一家折扣零售商，过去10年的年化收益率达到24.2%，累计回报可达778%。公司的激进扩张和坚实基础业务推动了其财务表现，支持了其股价的增长。它采用直接采购方法，获得更高的议价能力，同时消除中间费用。此外，其有效的物流也使该公司以有吸引力的价格提供产品，从而即使在具有挑战性的宏观环境中，也能享有健康的同店销售额。
The discount retailer has also expanded its store count from 652 in fiscal 2011 to 1,569 as of April 28. Supported by these expansions, the companyâs revenue and net income have grown at a CAGR (compound annual growth rate) of 10.8% and 16.9%, respectively. Also, its adjusted EBITDA margin has expanded from 16.5% in fiscal 2011 to 29.7% in the first quarter of fiscal 2025. Supported by these solid financials, the company has returned $6.5 billion to its shareholders through share repurchases and $649 million through dividends.
这家折扣零售商还将其门店数量从2011财年的652家扩展到截至4月28日的1,569家。在这些扩张的支持下，该公司的营收和净利润的复合年增长率分别达到10.8%和16.9%。此外，其调整后的EBITDA利润率从2011财年的16.5%扩大到2025财年第一季度的29.7%。凭借这些坚实的财务支持，该公司通过股票回购向股东返还了65亿美元，并通过分红派息向其股东返还了约6,490万美元。
Meanwhile, Dollaramaâs management has planned to increase its store count to 2,000 by fiscal 2031. Given its capital-efficient business model and quick sales ramp-up, these expansions could boost its financials in the coming years. Besides, its subsidiary Dollarcity, where Dollarama owns 60.1%, has planned to add over 500 stores to increase its count to 1,050 by fiscal 2031. Considering these growth prospects, I believe Dollarama is an ideal growth stock to have in your portfolio.
与此同时，Dollarama的管理层计划到2031财年将其门店数量增加至2,000家。考虑到其资本高效的商业模式和快速的销售增长，这些扩张可能在未来几年中提振其财务业绩。此外，其全资子公司Dollarcity计划增加500多家门店，到2031财年将其门店数量增加到1,050家。考虑到这些增长前景，我认为Dollarama是您投资组合中的理想成长股。
goeasy
goeasy
Another growth stock I am bullish on would be goeasy (TSX:GSY), which offers leasing and lending services to subprime customers. The company has been driving its financials consistently through its wide range of product offerings, multiple distribution channels, and extensive presence nationwide. Over the last five years, its revenue and diluted EPS (earnings per share) have grown at a CAGR of 20% and 32.2%, respectively.
我对goeasy (TSX:GSY)也很看好，该公司为严重透支的客户提供租赁和借贷服务。通过其广泛的产品供应、多种分销渠道和广泛的全国性存在，该公司始终在推动其财务业绩。在过去五年中，其营收和摊薄后每股收益年复合增长率分别为20%和32.2%。
Despite the strong growth, goeasy has acquired a small percentage of the Canadian subprime credit market. So, it has substantial scope for expansion. Besides, its enhanced underwriting and income verification process and next-gen credit models could lower its risks, thus boosting its profitability. The subprime lender has also rewarded its shareholders by raising its dividends at an annualized rate of around 30% for the previous 10 years, with its forward yield at 2.6%.
尽管业绩强劲，goeasy在加拿大次贷信贷市场上仍占有很小的份额。因此，它有大量的扩张空间。此外，其改进的承保和收入验证流程以及下一代信用模型可能降低其风险，从而提高其盈利能力。这家次级信贷机构还通过在过去的10年中以年化速度约30%提高其股息，以及目前每股股息2.6%的前瞻性收益率来回报其股东。
Waste Connections
废物管理公司Waste Connections
Waste Connections (TSX:WCN) is a waste management company that collects, transfers, and disposes of non-hazardous solid waste in secondary and exclusive markets in the United States and Canada. Along with its organic growth, the company has expanded its footprint through strategic acquisitions. From 2016 to 2023, it acquired $12 billion in assets, boosting its financials and stock price. Over the last 10 years, the company has delivered around 645% returns at an annualized rate of 22.3%.
废物管理公司Waste Connections (TSX:WCN)收集、转移和处理美国和加拿大二级和排他市场的非危险性固体废物。除了有机增长外，该公司还通过战略收购扩大了其业务范围。2016年至2023年间，它收购了120亿美元的资产，提高了其财务表现和股价。在过去的10年中，该公司的年化回报率约为22.3%左右，约为645%左右。
Meanwhile, WCN expects to normalize its acquisition activities this year onwards while focusing on organic growth and returning capital to its shareholders. It is constructing several renewable natural gas facilities, with management projecting to put three facilities into service this year. Also, management expects these facilities to contribute an incremental annual EBITDA of $200 million from 2026. These growth initiatives could boost its financials in the coming years. Besides, the company has rewarded its shareholders by raising its dividends at an annualized rate of 14% since 2010.
与此同时，Waste Connections预计从今年开始正常化其收购活动，同时专注于有机增长并将资本返还给股东。它正在建设几个可再生天然气设施，管理层预测今年将投入三个设施投入使用。此外，管理层还预计这些设施将从2026年起每年为其带来20000万美元的额外EBITDA。这些增长举措可能在未来几年中提高其财务业绩。此外，该公司通过自2010年以来每年以年化速度14%提高其股息来回馈其股东。
The post 3 Canadian Growth Stocks Everyone Should Own appeared first on The Motley Fool Canada.
加拿大人人都应拥有的三只增长型股票在Motley Fool Canada上首次发表。