South Bow Corporation (TSX:SOBO)

South Bow Statistics

Total Valuation

South Bow has a market cap or net worth of CAD 7.68 billion. The enterprise value is 14.97 billion.

Market Cap	7.68B
Enterprise Value	14.97B

Important Dates

The next estimated earnings date is Thursday, November 6, 2025.

Earnings Date	Nov 6, 2025
Ex-Dividend Date	Sep 29, 2025

Share Statistics

South Bow has 208.22 million shares outstanding. The number of shares has increased by 0.55% in one year.

Current Share Class	208.22M
Shares Outstanding	208.22M
Shares Change (YoY)	+0.55%
Shares Change (QoQ)	+0.05%
Owned by Insiders (%)	0.15%
Owned by Institutions (%)	74.72%
Float	207.91M

Valuation Ratios

The trailing PE ratio is 18.77 and the forward PE ratio is 16.41.

PE Ratio	18.77
Forward PE	16.41
PS Ratio	2.76
PB Ratio	2.14
P/TBV Ratio	2.14
P/FCF Ratio	11.52
P/OCF Ratio	8.73
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.94, with an EV/FCF ratio of 22.44.

EV / Earnings	36.58
EV / Sales	5.37
EV / EBITDA	10.94
EV / EBIT	14.59
EV / FCF	22.44

Financial Position

The company has a current ratio of 1.28, with a Debt / Equity ratio of 2.20.

Current Ratio	1.28
Quick Ratio	0.89
Debt / Equity	2.20
Debt / EBITDA	6.08
Debt / FCF	11.85
Interest Coverage	1.93

Financial Efficiency

Return on equity (ROE) is 10.79% and return on invested capital (ROIC) is 5.08%.

Return on Equity (ROE)	10.79%
Return on Assets (ROA)	3.74%
Return on Invested Capital (ROIC)	5.08%
Return on Capital Employed (ROCE)	7.24%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.17
Inventory Turnover	6.36

Taxes

In the past 12 months, South Bow has paid 139.11 million in taxes.

Income Tax	139.11M
Effective Tax Rate	25.37%

Stock Price Statistics

The stock price has increased by +3.22% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+3.22%
50-Day Moving Average	38.42
200-Day Moving Average	36.41
Relative Strength Index (RSI)	35.58
Average Volume (20 Days)	1,928,865

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, South Bow had revenue of CAD 2.79 billion and earned 409.16 million in profits. Earnings per share was 1.97.

Revenue	2.79B
Gross Profit	1.32B
Operating Income	957.43M
Pretax Income	548.27M
Net Income	409.16M
EBITDA	1.30B
EBIT	957.43M
Earnings Per Share (EPS)	1.97

Balance Sheet

The company has 616.46 million in cash and 7.90 billion in debt, giving a net cash position of -7.29 billion or -34.99 per share.

Cash & Cash Equivalents	616.46M
Total Debt	7.90B
Net Cash	-7.29B
Net Cash Per Share	-34.99
Equity (Book Value)	3.60B
Book Value Per Share	17.27
Working Capital	688.75M

Cash Flow

In the last 12 months, operating cash flow was 879.69 million and capital expenditures -212.76 million, giving a free cash flow of 666.93 million.

Operating Cash Flow	879.69M
Capital Expenditures	-212.76M
Free Cash Flow	666.93M
FCF Per Share	3.20

Margins

Gross margin is 47.50%, with operating and profit margins of 34.34% and 14.68%.

Gross Margin	47.50%
Operating Margin	34.34%
Pretax Margin	19.67%
Profit Margin	14.68%
EBITDA Margin	46.48%
EBIT Margin	34.34%
FCF Margin	23.92%

Dividends & Yields

This stock pays an annual dividend of 2.80, which amounts to a dividend yield of 7.58%.

Dividend Per Share	2.80
Dividend Yield	7.58%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	69.33%
Buyback Yield	-0.55%
Shareholder Yield	7.03%
Earnings Yield	5.33%
FCF Yield	8.68%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

South Bow has an Altman Z-Score of 0.77 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.77
Piotroski F-Score	6