The Canadian stocks on our list have recorded earnings per share (EPS) growth as high as 290% during the past five years
SmallCapPower | August 17, 2018: Today we have identified three Canadian stocks that have shown drastic improvements in their earnings per share (EPS), averaging 159% growth over the past five years, while also achieving an average stock-price appreciation of 29% during the past 12 months. In comparison, these selected stocks outperformed the TSX Venture Composite Index, which was down 13% in the last year.
Strongco Corp. (TSX:SQP) – $2.63
Heavy Machinery & Vehicles
Strongco is a major multiline mobile equipment dealer that sells, rents, and services equipment used in the construction, oil and gas, mining, utilities, municipalities, waste management, and forestry industries. Strongco represents industry-leading equipment manufacturers, including Volvo Construction Equipment, Case Construction, and Manitowoc Crane, Terex Cedarapids, Teres Trucks, Fassi, Sennebogen, Konecranes and SDLG. The Company currently has 26 locations across Canada.
- Market Cap: $35.4M
- EPS 5-Year Growth: 289.36%
- YTD Total Return: 38.4%
- 3 Month Total Return: 0.6%
Currency Exchange International Corp. (TSX:CXI) – $31.00
Investment Banking & Brokerage Services
Currency Exchange International is a full-service foreign exchange technology and service provider with clients in both Canada and the United States. Its primary subsidiary, the Exchange Bank of Canada, allows the Company to provide services including foreign currency exchange, international wire transfers, and the purchase and sale of foreign bank drafts to Canadian clients. On July 9, 2018, the Company announced that it had agreed to acquire the assets of a privately-owned Canadian international payments business located in Quebec. These assets included approximately 400 corporate customers yielding (unaudited) net revenues of 1.7M on a rolling 12-month basis.
- Market Cap: $195.4M
- EPS Actual 5 Year Growth: 171.36%
- YTD Total Return: 24.0%
- 3 Month Total Return: 6.6%
Versapay Corp. (TSXV:VPY) – $2.39
Business Support Services
Versapay is a Canadian financial technology company that provides electronic processing services to businesses in Canada and the United States. The Company utilizes cloud-based services to automate accounts receivable functions of the business, allowing clients to streamline financial operations and get paid faster. On August 14, 2018 Versapay announced that it had released a new mobile application allowing clients to view invoices, payments and credits, and pay invoices from their phone or tablet devices.
- Market Cap: $91.4M
- EPS Actual 5 Year Growth: 110.77%
- YTD Total Return: 13.8%
- 3 Month Total Return: -34.8%
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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