Employees: 176
Size Kits Eyecare (KITS.TO) is a Canada Consumer Discretionary company (Internet Retail) with a market value of $462M, the 352nd largest of 420 Canada companies the cockpit tracks. Shares closed at C$19.03 on 6 Nov 2026.
Performance Over six months the shares gained 64.5%, against +3.8% for the median peer and +5.2% for the Canada market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 21.5% over the last twelve months (peer median -4.9%); the operating margin is 3.8% (peer median 1.5%).
Valuation It trades at 85.5× forward earnings against a peer median of 18.6× (2nd most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 28% a year for seven years (Req g). Recent delivered growth is +22%, so the hurdle is +6 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 5.8 points above its cost of capital (6.6% WACC).
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$222M | C$202M | C$159M | C$121M | C$91.6M |
| Revenue growth | — | +27% | +32% | +32% | — |
| Gross profit | C$81.9M | C$71.3M | C$52.5M | C$38.7M | C$26.9M |
| EBITDA | C$10.7M | C$10.6M | C$5.42M | C$1.76M | -C$3.17M |
| Net income | C$5.63M | C$3.11M | C$3.12M | -C$2.21M | -C$4.55M |
| Free cash flow | n/a | C$11.3M | C$9.88M | C$1.84M | C$4.42M |
| Capital expenditure | C$0 | C$136,000 | C$3.15M | C$563,000 | C$258,000 |
| Total debt | C$5.15M | C$15.8M | C$12.6M | C$15.4M | C$19.4M |
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Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | KITS.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.7% | -0.8% | 6th highest of 21 |
| 6-month return | +64.5% | +3.8% | 2nd highest of 21 |
| Distance from 52-week high | -15.7% | -26.7% | 3rd highest of 21 |
| Revenue growth (TTM) | +21.5% | -4.9% | highest of 21 |
| Operating margin | 3.8% | 1.5% | 8th highest of 21 |
| Forward P/E | 85.5× | 18.6× | 2nd most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 28.3% | 6.6% | 4th most demanding of 16 |
| Growth delivered (Del g) | +21.9% | -3.7% | 3rd highest of 16 |
| Hurdle (Req g minus delivered) | +6.4 pp | +8.3 pp | 7th least demanding of 16 |
| ROIC minus cost of capital | +5.8 pp | -3.2 pp | 3rd highest of 18 |
| Net debt / EBITDA | -2.1× | 2.0× | 4th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kits Eyecare KITS.TO | Canada | $462M | +64% | +21% | 4% | 85.5× | 28.3% | +21.9% |
| HelloFresh HFG.DE | Germany | $483M | -28% | -13% | 0% | 9.7× | 24.1% | +12.5% |
| MSTC MSTCLTD.NS | India | $439M | +30% | +21% | 58% | n/a | 34.9% | -13.9% |
| Rumere 301088.SZ | China | $422M | -16% | -25% | 1% | 20.3× | 30.8% | -6.9% |
| Oisix 3182.T | Japan | $368M | +17% | -5% | 3% | 12.1× | -6.6% | +20.2% |
| Belluna 9997.T | Japan | $629M | +22% | +5% | 8% | n/a | n/a | n/a |
| Groupon GRPN | United States | $630M | -13% | +2% | 2% | 33.7× | 27.5% | -18.9% |
| Aramis ARAMI.PA | France | $327M | +22% | -2% | 1% | 185.8× | 4.9% | +23.4% |
| ASOS ASC.L | United Kingdom | $670M | +88% | -15% | -1% | n/a | 1.2% | -5.5% |
| Yiwu Huading Nylon 601113.SS | China | $670M | -28% | -5% | 1% | 41.2× | n/a | n/a |
| ASKUL 2678.T | Japan | $682M | +2% | -20% | -5% | 29.2× | n/a | n/a |
| AO World AO..L | United Kingdom | $687M | +6% | +11% | 4% | 13.3× | 3.0% | -5.3% |
| Global Top E-Commerce 002640.SZ | China | $757M | -12% | -6% | 1% | n/a | 33.4% | -19.8% |
| Aucnet 3964.T | Japan | $824M | +12% | +12% | 15% | 15.5× | 0.1% | +21.6% |
| Hangzhou Onechance Tech Crop 300792.SZ | China | $839M | -32% | -19% | 9% | 46.2× | 19.9% | -3.7% |
| Petco Health & Wellness WOOF | United States | $848M | +5% | -1% | 3% | 12.5× | 6.6% | +3.9% |
| THG THG.L | United Kingdom | $877M | +30% | +10% | -1% | n/a | n/a | n/a |
| Huakai Yibai Technology 300592.SZ | China | $966M | +27% | -11% | 7% | 15.7× | 3.4% | +132.3% |
| IndiaMART InterMESH INDIAMART.NS | India | $985M | -26% | +12% | 34% | 17.0× | 8.2% | +18.6% |
| NanJi E-Commerce 002127.SZ | China | $1.05B | -1% | -28% | -12% | 29.9× | 6.4% | -9.0% |
| Akso Health Group Sponsored ADR AHG | United States | $1.14B | -34% | -6% | -29% | n/a | n/a | n/a |