Pollard Banknote Ltd
Pollard Banknote Ltd is a provider of lottery and gaming solutions, generating revenue through the design, printing, and distribution of lottery tickets and related services.
Business. Pollard Banknote Ltd (PBL.TO) is a consumer cyclicals company operating in the Casinos & Gaming industry. The firm is headquartered in Canada and is primarily listed on the Toronto Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not provided.
Analyst recommendations
4 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Pollard Banknote Ltd (PBL.TO) is a consumer cyclicals company operating in the Casinos & Gaming industry. The firm is headquartered in Canada and is primarily listed on the Toronto Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not provided.
Pollard Banknote Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.46, indicating a relatively low reliance on debt financing. The company's liquidity position is characterized as medium, with a current ratio of 1.69, suggesting it can cover its short-term obligations but with limited excess capacity. Free cash flow stands at 19.58 million CAD, which is significantly lower than operating cash flow of 83.64 million CAD, primarily due to capital expenditures of 58.85 million CAD.
Profitability metrics show a return on equity of 9.28% and a return on assets of 4.98%, both of which are below the industry median for the Casinos & Gaming sector. The company's net income of 34.65 million CAD is supported by an operating income of 66.81 million CAD, but gross profit of 99.79 million CAD suggests relatively low margins compared to industry peers.
The company's revenue is concentrated in a few key markets, with no detailed segment breakdown provided in the available data. However, the geographic exposure is not explicitly outlined, and the data does not specify the proportion of revenue derived from any particular region.
Looking ahead, the company is projected to experience a modest growth trajectory. Analysts have set a mean price target of 34.25 CAD, with a median of 33.50 CAD, indicating a generally positive outlook. The mean recommendation of 2.00 suggests a "buy" rating, with four analysts issuing a "buy" recommendation and none issuing a "strong buy".
Risk factors include a medium liquidity risk, as the company has negative net cash after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. However, the company's capital expenditures and debt levels should be monitored for potential impact on liquidity.
Recent events and filings have not been detailed in the provided data, so no specific recent developments can be cited. The company's financial performance and strategic direction are expected to be influenced by broader industry trends and regulatory changes in the gaming and lottery sectors.
- Pollard Banknote Ltd has a conservative capital structure with a debt-to-equity ratio of 0.46.
- The company's profitability metrics, including return on equity and return on assets, are below the industry median.
- Revenue concentration and geographic exposure are not explicitly detailed in the available data.
- Analysts have a generally positive outlook, with a mean price target of 34.25 CAD and a "buy" recommendation.
- The company faces medium liquidity risk due to negative net cash after subtracting total debt.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 2,04 |
| Revenue | —no estimate | —no estimate | 639,5M CAD |
| Operating income | —no estimate | —no estimate | 83,8M CAD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Pollard Banknote Ltd Market data — financials · 2026-05-28
- Pollard Banknote Ltd Market data — analyst estimates · 2026-05-28
Ownership & reference
Leadership
- Gordon Oliver PollardExecutive Chairman of the Board