Skip to main content
Access every election story that matters
Enjoy unlimited digital access
$1.99
per week for 24 weeks
Access every election story that matters
Enjoy unlimited digital access
$1.99
per week
for 24 weeks
// //

What we are looking for?

Canadian companies that have healthy profit margins and zero debt. This could appeal to you if you are very risk-averse and don't like the idea of potential dividends going toward interest payments. It could also mean that these companies are missing out on the chance to borrow on the cheap, while interest rates are low, and are turning their backs on growth, acquisition and expansion opportunities.

Our list is ranked according to how these companies' shares have performed over the past five years. All data courtesy S&P Capital IQ.

Story continues below advertisement

What we found

Some of the names on the list have been famously debt-free for years, such as BlackBerry Ltd. It is also the biggest loser, when it comes to stock performance.

The biggest gainer of all is Lululemon Athletica Inc., with a 527 per cent price gain over the past five years, and a 30 per cent profit margin over the past year. It is followed by Winpak Ltd., a Winnipeg-based company that makes plastic packaging, such as those used for single-serve coffee cups and condiments. It is highly rated and held by many small-cap fund managers and investors who seek to avoid volatility.

Exco Technologies makes dies, moulds and components for the automotive industry and aluminum extrusion machines. Thomson Reuters StockReports+ gives it a score of nine out of 10, placing it within the top 15 per cent of stocks scored. The company also made our rankings of Canada's Top 1000 companies as a bargain stock that has raised its dividend by 125 per cent over the past three years.

Many of the companies on the list operate in the cyclical energy and resources sector, such as Alamos Gold, Franco-Nevada, Gran Tierra Energy, Pason Systems, Akita Drilling, Semafo Inc. and Silvercorp Metals. Defensives are better represented by stocks such as Corby Distilleries Ltd., which owns Wiser's Canadian Whisky and Polar Ice vodka and earns commission income by representing alcohol brands such as Chivas Regal, Glenlivet and Kahlua.

As always, please do your own research before deciding to trade any of these stocks.

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow the author of this article:

View more suggestions in Following Read more about following topics and authors
Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies