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Olympia Financial
(TSX:OLY)
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Rating:65Neutral
Price Target:
C$99.00
▼(-1.26% Downside)
Action:Downgraded
Date:08/17/26
The score is primarily supported by solid underlying profitability and cash generation, plus an attractive income/valuation profile (P/E ~14 and ~6.86% dividend yield). These positives are offset by weakening fundamentals momentum (declining TTM revenue and free cash flow) and a notably weak technical backdrop with the price below major moving averages and negative MACD.
Positive Factors
Strong recurring profitability
Olympia’s strong net, EBIT, and EBITDA margins indicate that its account administration and investment services platform converts revenue into substantial operating profit. This profitability provides resilience and supports continued investment in client servicing, technology, and regulatory infrastructure over the next several quarters.
Negative Factors
Revenue contraction
The recent revenue decline interrupts Olympia’s stronger 2022–2024 expansion and suggests that account volumes, activity-based fees, or other revenue drivers are not currently growing at their prior pace. If sustained, weaker top-line momentum could reduce operating leverage and constrain future earnings growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong recurring profitability
Olympia’s strong net, EBIT, and EBITDA margins indicate that its account administration and investment services platform converts revenue into substantial operating profit. This profitability provides resilience and supports continued investment in client servicing, technology, and regulatory infrastructure over the next several quarters.
Read all positive factors
Olympia Financial (OLY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$231.01M
Dividend Yield7.08%
Average Volume (3M)3.02K
Price to Earnings (P/E)14.6
Beta (1Y)0.02
Revenue Growth-11.15%
EPS Growth-31.72%
CountryCA
Employees205
SectorFinancial
Sector Strength70
IndustryFinancial - Diversified
Share Statistics
EPS (TTM)6.57
Shares Outstanding2,406,336
10 Day Avg. Volume3,540
30 Day Avg. Volume3,024
Financial Highlights & Ratios
PEG Ratio-0.80
Price to Book (P/B)6.08
Price to Sales (P/S)2.73
P/FCF Ratio15.41
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$166.48Price Target Upside66.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)6.41
Revenue Forecast (FY)C$89.75M
Olympia Financial Business Overview & Revenue Model
Company Description
Olympia Financial Group Inc., through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada. The company operates through six segments: Investment Account Services; Corporate and Shareholder Services; Curr...
How the Company Makes Money
Olympia Financial primarily makes money by charging fees for administering and servicing investment accounts and transactions. Key revenue streams generally include: (1) Account administration and service fees: recurring fees charged to clients (o...
Olympia Financial Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
71
Positive
Cash Flow
67
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 91.18M | 98.86M | 102.31M | 99.82M | 71.38M | 48.35M |
| Gross Profit | 83.64M | 90.08M | 50.78M | 96.15M | 34.83M | 23.03M |
| EBITDA | 27.68M | 32.00M | 33.56M | 32.91M | 21.13M | 11.51M |
| Net Income | 15.78M | 19.86M | 23.92M | 23.96M | 14.15M | 6.51M |
Balance Sheet | ||||||
| Total Assets | 71.17M | 52.62M | 49.39M | 47.27M | 37.50M | 36.56M |
| Cash, Cash Equivalents and Short-Term Investments | 29.50M | 10.75M | 12.86M | 10.92M | 8.37M | 15.34M |
| Total Debt | 10.10M | 5.86M | 2.29M | 3.57M | 6.34M | 13.79M |
| Total Liabilities | 25.89M | 8.18M | 7.47M | 11.95M | 12.17M | 17.78M |
| Stockholders Equity | 45.27M | 44.44M | 41.92M | 35.32M | 25.32M | 18.77M |
Cash Flow | ||||||
| Free Cash Flow | 21.69M | 17.53M | 20.57M | 18.34M | 7.98M | 11.52M |
| Operating Cash Flow | 23.24M | 20.85M | 20.97M | 18.95M | 8.55M | 11.88M |
| Investing Cash Flow | -2.58M | -3.36M | -400.78K | 376.39K | -29.84K | -7.18M |
| Financing Cash Flow | -17.77M | -19.60M | -18.62M | -16.77M | -15.26M | 12.66K |
Olympia Financial Technical Analysis
Neutral
100.26
Price Trends
100.12
Negative
104.31
Negative
108.84
Negative
Market Momentum
-1.79
Negative
49.04
Neutral
68.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OLY, the sentiment is Neutral. The current price of 100.26 is above the 20-day moving average (MA) of 95.20, above the 50-day MA of 100.12, and below the 200-day MA of 108.84, indicating a neutral trend. The MACD of -1.79 indicates Negative momentum. The RSI at 49.04 is Neutral, neither overbought nor oversold. The STOCH value of 68.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:OLY.
Olympia Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$351.32M | 3.29 | 20.19% | 1.59% | -115.29% | 38.46% | |
69 Neutral | C$351.32M | 3.29 | 20.19% | 1.69% | -115.29% | 38.46% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | C$231.01M | 14.61 | 35.11% | 7.08% | -11.15% | -31.72% | |
60 Neutral | C$282.59M | 2.92 | 37.95% | ― | 834.12% | 90.05% | |
57 Neutral | C$241.47M | 128.64 | 1.45% | 52.29% | -39.01% | ― | |
52 Neutral | C$450.21M | 23.31 | 7.95% | 10.12% | -1.48% | -47.10% |
* Financial Sector Average
TSE:OLY
Olympia Financial
96.00
-24.56
-20.37%
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TSE:AIM
Aimia Inc.
2.74
-0.46
-14.37%
TSE:FSZ
Fiera Capital A
4.27
-2.04
-32.29%
TSE:URB
Urbana Corporation
8.79
1.28
17.01%
TSE:STCK
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17.84
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33.83%
Olympia Financial Corporate Events
Business Operations and StrategyDividends
Olympia Financial Group Declares September Eligible Dividend
Positive
Sep 4, 2026
Olympia Financial Group Inc. has declared a monthly cash dividend of $0.50 per common share, payable on September 29, 2026, to shareholders of record as of September 18, 2026. The board has designated the entire payment as an eligible dividend for...
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and ComplianceShareholder Meetings
Olympia Financial Wins Court and Shareholder Backing for Management Agreement Overhaul
Neutral
Aug 27, 2026
Olympia Financial Group has secured a final court order from the Supreme Court of British Columbia and shareholder approval for a plan of arrangement that will terminate existing management agreements with Tarman ATM Inc. and certain senior execut...
Dividends
Olympia Financial Group Declares August Eligible Dividend
Positive
Aug 6, 2026
Olympia Financial Group Inc. has declared a monthly cash dividend of $0.50 per common share, payable on August 31, 2026, to shareholders of record as of August 20, 2026, reinforcing its pattern of regular shareholder returns. The company has desig...
Business Operations and StrategyRegulatory Filings and Compliance
BlackRock Increases Notifiable Stake in Caledonia Mining
Positive
Jul 16, 2026
Caledonia Mining Corporation Plc disclosed that BlackRock, Inc., a major global asset manager, has crossed a regulatory threshold in its holding of Caledonia’s shares and related financial instruments. As of July 14, BlackRock holds a combin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.