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Andrew Peller Limited (ADW-A) Fair Value & Analysis

Consumer Defensive · CA · Market cap C$350M (≈ $253M) · ISIN CA03444Q2099

What is Andrew Peller Limited really worth?

AP Andrew Peller Limited ADW-A · TO
Price from Aug 20, 2026C$8.00
Fair ValueC$8.71
Upside+8.9%
Quality50/100

A solid business, currently priced close to our fair value of C$8.71.

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Strengths

Moderate debt · generates free cash flow
Ranks above peers (12/14)

Risks

!Weak Growth (revenue 5y +0.0 %/yr)
!Thin margins · 6.9% net margin
!Narrow moat 42/100
!Weak on future: 26 out of 100

For context

·3.08% dividend yield
Evidence: High Range C$5.75 – C$11.43

Fair value as of: Aug 27, 2026

From 23 valuation models · updated 8 days ago

Share price +0.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (C$5.75 to C$11.43) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

C$8.66 C$3.23 Fair Value C$8.71 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range C$3.23 – C$8.66 · fair‑value band C$5.75 – C$11.43 · the C$8.00 price screens below the C$8.71 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Andrew Peller Limited (ADW-A) currently trades at C$8.00, while our model-based Fair Value estimate is C$8.71, implying the stock looks roughly 8.2% fairly valued today. The Quality Score stands at 50/100 (solid quality), in the Consumer Defensive sector. Bull case: the DCF Models group reads highest at a median of C$11.08 per share, and 13 of the 23 models we run sit above the C$8.00 price. Bear case: the Earnings-Based group reads lowest at C$2.26, and 10 of the 23 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Andrew Peller Limited generated revenue of C$389M at a net margin of 5.3%. Revenue grew 3.3% year over year. It earns a return on equity of 8.2%. Net debt stands at C$158M. Fundamentals as of Aug 27, 2026

Our scenario range runs from C$5.75 (bear case) to C$11.43 (bull case); at C$8.00, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 82% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −4% fair-value upside, at 9%, ADW-A screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly C$0.1576 per share, which is 1.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF C$8.81 C$12.86 C$17.82 79
Growth DCF C$9.04 C$12.74 C$17.10 78
Owner Earnings C$4.06 C$6.51 C$9.51 75
All 23 models by family
DCF Models
FCF DCF C$8.81 C$12.86 C$17.82 79
Owner Earnings C$4.06 C$6.51 C$9.51 75
5Y Revenue Exit C$4.36 C$6.73 C$9.50 71
5Y EBITDA Exit C$7.10 C$11.55 C$16.43 74
5Y P/E Exit C$6.85 C$11.12 C$15.29 70
10Y Revenue Exit C$6.05 C$8.38 C$11.03 67
10Y EBITDA Exit C$7.72 C$11.35 C$15.61 68
10Y P/E Exit C$7.58 C$11.08 C$14.86 63
Earnings-Based
Graham-Dodd C$4.30 C$9.68 C$12.38 63
PEG = 1.0 C$1.58 C$2.26 C$2.94 55
Dividend Discount
Gordon GGM C$1.89 C$2.83 C$3.72 66
DDM Multi-Stage C$1.89 C$2.61 C$3.31 65
Multiples
P/E Multiple C$9.97 C$13.29 C$16.61 61
P/S Multiple C$8.07 C$10.76 C$13.45 56
P/B Multiple C$8.07 C$10.76 C$13.45 53
EV/EBIT C$3.38 C$5.58 C$7.79 63
EV/EBITDA C$7.21 C$10.69 C$14.18 65
EV/Revenue C$1.48 C$3.51 C$5.53 49
Asset-Based
NCAV (Graham) C$3.08 C$4.13 C$6.17 52
Growth DCF
Growth DCF C$9.04 C$12.74 C$17.10 78
Rev-Margin DCF C$4.36 C$6.97 C$9.83 71
Economic Profit
Residual Income C$5.14 C$5.61 C$6.94 75
Growth Earnings
Growth-Adj P/E C$7.45 C$10.64 C$13.84 66

Widest divergence: DCF Models (C$11.08) versus Earnings-Based (C$2.26). Highest evidence: FCF DCF (79).

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Key figures & financial health

P/E ratio 13.1 as of Jul 20, 2026
P/S ratio 0.90 P/E × margin
EPS (TTM) C$0.6100 price ÷ EPS = P/E 13.1
Dividend yield 3.1% payout 40.3%
Net margin 6.9% FY2026
Return on equity 10.7% TTM
More key figures
Profitability
Return on assets (EBIT) 4.1% avg 5y
Operating margin 11.9% TTM
Growth
Revenue (TTM) C$393M TTM
Revenue growth (YoY) +5.2% 3y avg +0.9%
EPS growth (YoY) +2.4%
Balance sheet & cash flow
Free cash flow C$58.8M FY2026
Net debt C$158M FY2026 · ≈ 2.7 yrs of FCF

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 50 · Market factors (momentum, volatility) 90

Profitability 43
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 99
Price trend over the last 3–12 months (market factor)
52W Momentum 99
Distance to the 52-week high (market factor)
Net Issuance 4
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Andrew Peller Limited produces and markets wines and craft beverage alcohol products in Canada. The company offers wines under the Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, and Gray Monk Estate Winery brands; Peller Family Vineyards, Copper Moon, Black Cellar, Vivo, Honest …

Full company description

Andrew Peller Limited produces and markets wines and craft beverage alcohol products in Canada. The company offers wines under the Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, and Gray Monk Estate Winery brands; Peller Family Vineyards, Copper Moon, Black Cellar, Vivo, Honest Lot, and XOXO brands; and Hochtaler, Domaine D'Or, Schloss Laderheim, Royal, Sommet, and other brands. It also produces craft ciders under the No Boats on Sunday brand; and various spirits and cream whisky products under the Wayne Gretzky No. 99 brand. In addition, the company produces and markets personal winemaking products under the Winexpert, Vine Co., Apres, Limited Edition, Passport Series, On the House, Wild Grapes, Island Mist, and Niagara Mist brands. Further, it owns and operates independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store names; and operates Andrew Peller Import Agency and The Small Winemaker's Collection Inc. that import and market wines. Andrew Peller Limited was founded in 1961 and is headquartered in Grimsby, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Andrew Peller Limited reported revenue of C$393M in FY2026 versus C$374M in FY2022, a compound +1.3%/yr. Reported net income was C$27.1M in FY2026, compounding +21.4%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
C$393M
Latest YoY
+0.9%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.9%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.0%
Avg. revenue growth/yr (33Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.1%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+2.4% · in CAD
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−0.7%
Dividend yield3.1%
Trend Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y −0.7% vs 10Y 3.5%, flattening
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11.5% (2021) → 5.7% (2026) · falling
Worst earnings drop119% (2024) (loss year, drop beyond 100%) · in CAD
Revenue +1.3%/yr
FY22 C$374M
FY23 C$382M
FY24 C$386M
FY25 C$390M
FY26 C$393M
Net income +21.4%/yr
FY22 C$12.5M
FY23 −C$3.4M
FY24 −C$2.9M
FY25 C$11.1M
FY26 C$27.1M
Character of growth · EPS growth decomposed (2015-2026) +0.0 % p.a.
Revenue per share +2.5 %

of which total revenue +1.8 % · buybacks/dilution +0.7 %

EBIT margin −0.8 %
Tax rate −0.5 %
Residual (interest, one-offs) −1.1 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Andrew Peller Limited Fair Value". https://www.fairvalue-calculator.com/stock/ADW-A

Peer Group

Beverages - Wineries & Distilleries · 93 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 49 · Below median
Fair Value upside +9% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 6% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 12% · Above median
Revenue growth 5% · Above median
Dividend yield (TTM) 3.1% · Above median
Debt / equity 0.56× · Higher than 75% of peers

Valuation Multiples vs Beverages - Wineries & Distilleries median · lower = cheaper

P/E (TTM) 13.1× · Cheaper than median
P/B 0.96× · Cheaper than median
P/S (TTM) 0.64× · Cheaper than median
P/FCF 4.3× · Cheaper than median
EV/EBITDA 6.3× · Cheaper than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE45 · sector 16
FUTURE26 · sector 0
PAST43 · sector 19
HEALTH72 · sector 95
DIVIDEND62 · sector 60

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Alcohol

Similar stocks

10 more Beverages - Wineries & Distilleries stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

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Kweichow Moutai Co 600519 ¥1,303 ¥1,238 −5%
Diageo plc DEO $92.99 $73.29 −21%
Wuliangye Yibin Co 000858 ¥71.89 ¥48.44 −33%
Shanxi Xinghuacun Fen Wine Factory Co 600809 ¥116.39 ¥185.80 +60%
Pernod Ricard SA RI €63.20 €76.13 +20%
Luzhou Laojiao Co 000568 ¥84.50 ¥149.17 +77%
Brown-Forman Corporation BFA $28.72 $27.69 −4%
United Spirits Limited UNITDSPR ₹1,528 ₹285.39 −81%
Thai Beverage Public Company Y92 0.4650 SGD 0.7000 SGD +51%
Jiangsu Yanghe Distillery Co 002304 ¥39.59 ¥27.82 −30%

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Frequently asked questions

Is Andrew Peller Limited (ADW-A) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of C$8.71 versus the last price from Aug 20, 2026 of C$8.00, about +9% upside (fairly valued).
What is the fair value of ADW-A?
Our model-based fair value for Andrew Peller Limited is C$8.71 (as of Aug 27, 2026), built from audited fundamentals. Last price (from Aug 20, 2026): C$8.00.
What is the quality score of ADW-A?
Andrew Peller Limited has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Andrew Peller Limited (ADW-A)?
Andrew Peller Limited reported trailing-twelve-month revenue of about C$389M (latest available figure, as of Aug 27, 2026).
What is the net profit margin of ADW-A?
The net profit margin of Andrew Peller Limited is about 5.3%, meaning it keeps roughly 5.3% of revenue as net income. Based on the latest reported figures.
Does Andrew Peller Limited pay a dividend?
Andrew Peller Limited currently shows a dividend yield of about 3.08% relative to its recent price (as of Aug 27, 2026).
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