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Leon's Furniture Limited (LNF) Fair Value & Analysis

Consumer Cyclical · CA · Market cap C$1.7B

LS Leon's Furniture Limited LNF · TO
PriceC$23.85
Fair ValueC$48.01
Upside+101.3%
Quality95/100
Evidence: High Range C$33.57 – C$62.71

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from C$44.21 to C$48.01 (+8.6%) since Jun 23, 2026. Share price −5.0% over the past month.

Price vs Fair Value (12 months)

C$29.20 C$23.85 Fair Value C$48.01 Jun 2025 Jun 2026

12‑month range C$23.85 – C$29.20 · fair‑value band C$33.57 – C$62.71 · the C$23.85 price screens below the C$48.01 fair value. As of Jun 24, 2026.

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Analysis

Leon's Furniture Limited (LNF) currently trades at C$23.85, while our model-based Fair Value estimate is C$48.01 — implying the stock looks roughly 101.3% undervalued today. We read business quality at 95/100 (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, Leon's Furniture Limited generated revenue of C$2.6B at a net margin of 6.1%. Revenue declined 3.9% year over year. It earns a return on equity of 13.0%. Net debt stands at C$545M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) C$2.6B
Revenue growth (YoY) -3.9%
Net margin 6.1%
Return on equity 13.0%
Free cash flow C$223M FY2025
P/E ratio 10.9
More key figures
Operating margin 5.3%
EPS (TTM) C$2.25
Dividend yield 5.8%
EPS growth (YoY) -11.2%
Net debt C$545M FY2025

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

About the company

Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. The company provides repair services for household furniture, electronics, and mechanical; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment. The company is also involved in franchise operations. The company sells its products through a network of retail stores under the Leon's, The Brick, Brick Outlet, and The Brick Mattress Store banners; and the Brick's Midnorthern Appliance and Appliance Canada banners, as well as through its websites. The company was formerly known as Ablan Leon Distributors Limited and changed its name to Leon's Furniture Limited in June 1969. Leon's Furniture Limited was founded in 1909 and is headquartered in Toronto, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Leon's Furniture Limited reported revenue of C$2.6B in FY2025 versus C$2.5B in FY2021, a compound +0.6%/yr. Reported net income was C$157M in FY2025, compounding −6.7%/yr from FY2021.

Revenue +0.6%/yr
FY21 C$2.5B
FY22 C$2.5B
FY23 C$2.5B
FY24 C$2.5B
FY25 C$2.6B
Net income −6.7%/yr
FY21 C$207M
FY22 C$179M
FY23 C$139M
FY24 C$154M
FY25 C$157M

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Frequently asked questions

Is Leon's Furniture Limited (LNF) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$48.01 versus a price of C$23.85 — about +101% (undervalued). Model-based estimate, not financial advice.
What is the fair value of LNF?
Our 21-model fair value for Leon's Furniture Limited is C$48.01 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$23.85.
What is the quality score of LNF?
Leon's Furniture Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Leon's Furniture Limited (LNF)?
Leon's Furniture Limited reported trailing-twelve-month revenue of about C$2.6B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of LNF?
The net profit margin of Leon's Furniture Limited is about 6.1%, meaning it keeps roughly 6.1% of revenue as net income. Based on the latest reported figures.
Does Leon's Furniture Limited pay a dividend?
Leon's Furniture Limited currently shows a dividend yield of about 5.81% 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.