Canada's Decisive Dividend Q4 sales rise on strong demand for wear parts and hearth products

Decisive Dividend

11/03/2026 21:43

Overview

Canada manufacturing acquisitions firm's Q4 sales grew 14% yr/yr to record levels

Q4 adjusted EBITDA was flat yr/yr as higher sales offset by increased operating expenses

Outlook

Decisive expects increased acquisition activity in 2026 and aims for improved per share metrics

Result Drivers

WEAR PARTS AND PRODUCT DEMAND - Q4 sales growth was driven by strong demand for wear parts, hearth, agricultural, and merchandising products, including large orders for mining and belting customers and the acquisition of Venger

INDUSTRIAL SALES DECLINE - Decreased demand from U.S. commercial vehicle and oil and gas customers led to lower industrial product sales, partially offsetting gains in other segments

Company press release: ID:nCNWFTHcla

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
C$42.8 mln
Q4 Net Income
C$1.4 mln
Q4 Adjusted EBITDA
C$7.32 mln
Q4 Free Cash Flow
C$4.53 mln
Q4 Gross Profit
C$16.09 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Decisive Dividend Corp is C$9.50, about 25.5% above its March 11 closing price of C$7.57

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)