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  5. TCL.A: Is there a future for TCLA. [Transcontinental Inc. Class A Subordinate Voting Shares]
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Investment Q&A

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Q: Is there a future for TCLA.A. What is your view on it going forward.

Thank You in advance.
Asked by John on August 03, 2023
5i Research Answer:

TCL offers decent cash flow and a high dividend yield, but also very minimal growth and a leveraged balance sheet. The stock is cheap at 6.9X earnings, but the share price is lower than it was a decade ago. We would hardly consider it a 'need to own' stock today.