- Loblaw Companies Limited (L)
- Metro Inc. (MRU)
- Empire Company Limited Non-Voting Class A Shares (EMP.A)
Q: Of these 3 Staples, which one is cheaper on financial metrics and which is your preference.
5i Research Answer:
Of the three, EMP trades at the lowest valuation with a P/E of 14 compared to Loblaws at the higer end with a P/E of 20. Growth rates for all three are fairly similar and their success will be tied to the Canadian economy to some degree. While more expensive, Loblaw is probably the highest quality of the group and the name we would lean toward.