Industry
- Aerospace & Defense 12
- Analytics 10
- Apparel 6
- Bank 16
- Beverages / Food 4
- Car Manufacturing 7
- Chemicals 3
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- Consulting 3
- Consumer Defensive 10
- Consumer Discretionary 18
- Credit Services 10
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- Data 6
- Energy 12
- Entertainment 4
- Exchanges 5
- Farm & Heavy Construction Machinery 2
- Financial 46
- Food Processing 1
- Grocery Store 5
- Hardware 18
- Healthcare 6
- Holding Company 5
- Home Improvement 2
- Industrial 37
- Information Technology 16
- Insurance 15
- Investment Banking 5
- Logistics 9
- Luxury 6
- Market Infrastructure 9
- Materials 6
- Mining 3
- Oil & Gas 12
- Payment 5
- Personal Care & Beauty 1
- Pharmaceuticals 4
- Railroad 5
- Ratings 6
- Real Estate 5
- Restaurants 4
- Retail 16
- Semi-Conductors 17
- Software 17
- Technology 39
- Telecommunications 11
- Trade Distributors 4
- Utilities 6
- Waste Management 4
Equinix (EQIX) investment Quality Rating (BBB)
Old York Financial issues an Operational Quality (BBB) rating for Equinix (EQIX). While its interconnection moat is dominant, its capital intensity and 8% ROIC fail the Yardstick for Sovereign status. See the forensic diagnostic of the world's digital landlord.
Charter Communications (CHTR) investment Quality Rating (BBB)
Charter Communications (CHTR) receives a (BBB) Quality Rating. Forensic analysis of 9.0% ROIC, 31.5% ROE (leverage-adjusted), and the $5.4B share cannibalism strategy. See why Charter is the "Leveraged Pipe" of 2025.
Comcast (CMCSA) investment Quality Rating (BBB)
Comcast (CMCSA) earns a (BBB) Operational Quality Rating. Analysis of 7.1% ROIC, 20.4% ROE, and the 5% share retirement strategy. Explore why the "Utility Tanker" remains a cash flow giant despite broadband attrition and heavy CapEx friction in the 2025 Registry.
Nutrien (NTR) investment Quality Rating (B)
Why is Nutrien (NTR) a (B) rating? Our 2025 forensic diagnostic reveals a structural ROIC of 9%, zero pricing power, and $11 Billion in debt, failing the Sovereign Five criteria for elite businesses.
Barrick Gold (GOLD) investment Quality Rating (BB)
Why is Barrick Gold (GOLD) a (BB)? Our 2025 forensic audit reveals zero pricing power, high maintenance CapEx, and a 20.6% ROIC that depends entirely on record gold prices.
Agnico Eagle Mines (AEM) investment Quality Rating (BBB)
Does Agnico Eagle Mines (AEM) have pricing power? Our 2025 forensic audit reveals why AEM is a (BBB) "Price Taker" despite record gold prices, citing heavy maintenance CapEx and a history of shareholder dilution.
Teck Resources Ltd. (TECK) investment Quality Rating (BB)
Is Teck Resources (TECK) a quality compounder or a capital trap? Our 2025 forensic audit reveals why the "Copper Sovereign" failed the 15% ROIC yardstick despite record copper prices and the Anglo American merger.
Saputo Inc. (SAP) investment Quality Rating (BBB)
Old York Financial assigns Saputo Inc. (SAP) a (BBB) Operational Quality Rating. Following its 2026 Argentina divestiture and $400M share buyback, Saputo shows strong EBITDA growth but remains limited by an 8% ROIC. See the forensic analysis of its US dairy network optimization.
George Weston Limited (WN) investment Quality Rating (A)
Old York Financial assigns George Weston Limited (WN) an (A) Operational Quality Rating. Following its 2025 3-for-1 stock split and $1.2B in Corporate Free Cash Flow, WN is the ultimate Canadian holding company. See the forensic analysis of its 29% NAV growth.
Loblaw Companies Ltd. (L) investment Quality Rating (A)
Old York Financial assigns Loblaw (L) an (A) Operational Quality Rating. Following its 2025 PC Bank sale and 4-for-1 stock split, Loblaw remains Canada's retail sovereign with $6.6B in Owner Earnings and 10.2% ROIC. See the forensic analysis of its Shoppers Drug Mart moat.
Metro Inc. (MRU) investment Quality Rating (A)
Old York Financial assigns Metro Inc. (MRU) an (A) Operational Quality Rating. With $1.16B in Owner Earnings and a 31-year dividend streak, Metro is Canada's grocery fortress. See the forensic analysis of its 9.1% ROIC and pharmacy-led margin stability.
Alimentation Couche-Tard (ANCTF) investment Quality Rating (AA)
Old York Financial assigns Alimentation Couche-Tard (ATD) an (AA) Operational Quality Rating. With a 17.8% adjusted ROIC and $5.6B in Owner Earnings, ATD is the "M&A Sovereign" of retail. See the forensic breakdown of its fuel margins and 10% share buyback plan.
Dollarama Inc. (DOL) investment Quality Rating (AAA)
Old York Financial assigns Dollarama (DOL) a (AAA) Operational Quality Rating. With a 20.9% ROIC and $1.6B in Owner Earnings, DOL is the "Value Sovereign" of Canada. See the forensic analysis of its Dollarcity growth and 2-year store payback model.
Thomson Reuters (TRI) investment Quality Rating (AA)
Old York Financial assigns Thomson Reuters (TRI) an (AA) Operational Quality Rating. With a 26% adjusted ROIC and $2.8B in Owner Earnings, TRI is the "Legal Data Sovereign." See the forensic breakdown of its AI pivot and $1.2B capital return plan.
CGI Inc. (GIB.A) investment Quality Rating (A)
Old York Financial assigns CGI Inc. (GIB.A) an (A) Operational Quality Rating. With a $31B backlog and $2.3B in Owner Earnings, CGI is the "Metronome" of IT Services. See why its capital-light model and 16% adjusted ROIC earn it an (A) rating.
Emera Inc. (EMA) investment Quality Rating (BBB)
Old York Financial assigns Emera Inc. (EMA) a (BBB) Operational Quality Rating. Despite a record $1B in adjusted net income and a Florida-focused $20B capital plan, EMA’s 4.8% ROIC keeps it in the BBB tier. See the forensic analysis of its debt and owner earnings.
Fortis Inc. (FTS) investment Quality Rating (BBB)
Old York Financial assigns Fortis Inc. (FTS) a (BBB) Operational Quality Rating. While FTS boasts a 52-year dividend streak, its 5.1% ROIC reflects the capital-heavy reality of regulated utilities. See the forensic analysis of its $2.2B Owner Earnings and 6.0x Debt/EBITDA ratio.
Pembina Pipeline (PPL) investment Quality Rating (BBB)
Old York Financial assigns Pembina Pipeline (PPL) a (BBB) Operational Quality Rating for 2025. With a stable 8.1% ROIC and $4.5B in Owner Earnings, Pembina is the "Toll-Bridge" of the WCSB. See why its fee-based model earns a BBB vs the A-rated sovereigns.
Imperial Oil (IMO) investment Quality Rating (BBB)
Old York Financial assigns Imperial Oil (IMO) an (BBB) Operational Quality Rating for 2025. With a 17.4% adjusted ROIC and $6.9B in Owner Earnings, IMO stands as the "Refined Fortress" alongside Exxon and CNQ. See the forensic breakdown of Kearl’s unit costs and the 100% FCF return model.
Cenovus Energy (CVE) investment Quality Rating (BBB)
Old York Financial issues a (BBB) Operational Quality Rating for Cenovus Energy (CVE). Forensic analysis of 7.8% ROIC, 21.3% Operating Margins, and the $7.1B MEG Energy acquisition. View the 2025 integrated energy registry.