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Added to YB: 2025-05-08

Pitch date: 2025-03-21

LNF.TO [bullish]

Leon's Furniture Limited

-2.57%

current return

Author Info

No bio for this author

Company Info

Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada.

Market Cap

CAD 1.6B

Pitch Price

CAD 24.15

Price Target

41.00 (+75%)

Dividend

3.43%

Sector

Specialty Retail

Category

growth

Show full summary:
Leon's Furniture Limited - $LNF.TO

LNF.TO: Canada's largest furniture retailer (15% market share) w/ 'Ft. Knox' balance sheet (C$110M net cash), 20% ROIC, trading at <5x EBITDA & 10x P/E. Double-digit FCF yield, strong growth (3.7% sales CAGR since 2013). Catalysts: REIT spinoff unlocking C$0.5-0.9B in RE value, immigration driving demand. PT C$36-41+.

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