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Cascades Inc (CAS) Fair Value & Analysis

Consumer Cyclical · CA · Market cap C$1.1B

CI Cascades Inc CAS · TO
PriceC$11.63
Fair ValueC$15.10
Upside+29.8%
Quality94/100
Evidence: High Range C$7.47 – C$26.47

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from C$12.28 to C$15.10 (+23.0%) since Jun 23, 2026. Share price +6.2% over the past month.

Price vs Fair Value (12 months)

C$13.67 C$8.50 Fair Value C$15.10 Jun 2025 Jun 2026

12‑month range C$8.50 – C$13.67 · fair‑value band C$7.47 – C$26.47 · the C$11.63 price screens below the C$15.10 fair value. As of Jun 24, 2026.

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Analysis

Cascades Inc (CAS) currently trades at C$11.63, while our model-based Fair Value estimate is C$15.10 — implying the stock looks roughly 29.8% undervalued today. We read business quality at 94/100 (high quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Cascades Inc generated revenue of C$4.7B at a net margin of 2.2%. Revenue declined 2.5% year over year. It earns a return on equity of 7.0%. Net debt stands at C$1.9B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) C$4.7B
Revenue growth (YoY) -2.5%
Net margin 2.2%
Return on equity 7.0%
Free cash flow C$227M FY2025
P/E ratio 10.7
More key figures
Operating margin 7.8%
EPS (TTM) C$1.00
Dividend yield 4.5%
EPS growth (YoY) +448%
Net debt C$1.9B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Cascades Inc., together with its subsidiaries, produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through two segments, Packaging Products, and Tissue Papers. It offers food packaging solutions, such as trays and accessories, produce baskets, boxes and trays, egg packaging, bulk bins, and cup carriers; protective packaging, including regular boxes, protection and handling, die-cut boxes, shipping trays, and large format boxes; e-commerce packaging solutions comprising adjustable cardboard boxes, compact mailer boxes, die-cut mailer boxes, and quick assembly boxes; and retail and customer packaging, die-cut mailer boxes, and POS and displays. The company also provides hygiene and tissue paper products; and fiber based materials, which includes tissue paper jumbo rolls, containerboard, specialty papers, technological barrier solutions, and uncoated recycled paperboard. In addition, it offers transportation, specialized w…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cascades Inc reported revenue of C$4.8B in FY2025 versus C$4.0B in FY2021, a compound +4.8%/yr. Reported net income was C$70.0M in FY2025.

Revenue +4.8%/yr
FY21 C$4.0B
FY22 C$4.5B
FY23 C$4.6B
FY24 C$4.7B
FY25 C$4.8B
Net income
FY21 −C$47.0M
FY22 −C$14.0M
FY23 −C$76.0M
FY24 −C$31.0M
FY25 C$70.0M

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Similar stocks

6 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Smurfit Kappa Group SMFTF $44.20 $30.87 -30%
Smurfit Westrock Plc, SW $41.28 $40.96 -1%
Packaging Corporation PKG $216.64 $122.66 -43%
International Paper Company IP $33.83 $70.52 +108%
Amcor plc AMCR $37.64 $18.34 -51%
Ball Corporation B1LL34 R$141.68 R$105.09 -26%

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Frequently asked questions

Is Cascades Inc (CAS) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$15.10 versus a price of C$11.63 — about +30% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CAS?
Our 21-model fair value for Cascades Inc is C$15.10 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$11.63.
What is the quality score of CAS?
Cascades Inc has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Cascades Inc (CAS)?
Cascades Inc reported trailing-twelve-month revenue of about C$4.7B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CAS?
The net profit margin of Cascades Inc is about 2.2%, meaning it keeps roughly 2.2% of revenue as net income. Based on the latest reported figures.
Does Cascades Inc pay a dividend?
Cascades Inc currently shows a dividend yield of about 4.47% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.