1. Canada Stocks

  2. •

    Financial Services

  3. •

    Financial - Credit Services
Chesswood Group Limited

Chesswood Group Limited

CHW.TO
Chesswood Group LimitedCA flagToronto Stock Exchange
0.90
CAD
- -
- -
16.66MMarket Cap
Chesswood Group Limited
CHW.TO
(Toronto Stock Exchange)

Recent

price

0.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
9.85
9.22
6.46
7.71
8.45
9.33
4.22
4.41
4.93
4.64
5.14
5.68
5.46
6.52
11.49
10.7
9.93
Revenue per Share
-1.51
0.36
-0.24
0.59
0.8
0.96
0.98
1.19
1.36
1.41
1.28
0.72
-0.48
1.75
1.63
-1.65
-2.03
Basic EPS, GAAP
2.39
3.2
0.43
0.12
0.64
1.57
-0.5
-3.79
-2.91
-7.61
-7.07
-6.74
4.86
-28.59
-33.76
14.66
32.71
Free Cash Flow per Basic Share
0.48
0.32
0.41
0.69
0.73
0.82
0.89
0.84
1.4
0.91
0.92
0.92
0.37
0.34
0.5
0.53
0.39
Dividend per Share
5.35
5.13
0.42
5.02
5.08
5.37
5.76
7.81
7.46
7.97
7.67
7.64
6.86
8.41
9.8
7.86
7.59
Book Value per Share
2.59
2.36
2.18
3.88
4.06
4.69
5.05
6.09
5.83
6.14
6.31
6.11
6.51
7.16
8.71
7.39
7.15
Tangible Book Value per Share
9
8
11
10
10
10
10
15
16
17
16
16
16
16
18
18
18
Basic Weighted Avg Shares
84
78
70
74
83
92
43
67
81
77
84
92
89
107
202
193
181
Sales/Revenue/Turnover
7.96
11.59
23.54
26.76
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1
1
1
1
1
- -
- -
1
2
2
2
3
3
3
4
5
4
Depreciation Expense
-13
3
-3
6
8
9
10
18
22
23
21
12
-8
29
29
-30
-37
Net Income, GAAP
- -
51.42
191.66
50.18
45.94
44.75
51.33
48.79
38.42
7.41
29.06
28.93
- -
25.91
31.15
- -
84.06
Effective Tax Rate (%)
-15.29
3.93
-3.77
7.63
9.41
10.27
23.33
27.08
27.63
30.41
24.86
12.61
-8.79
26.81
14.17
-15.38
-20.46
Profit Margin (%)
10
- -
13
2
-76
-5
-123
-348
-308
-427
-15
- -
- -
- -
- -
- -
- -
Working Capital
53
37
38
6
6
27
29
20
20
20
146
143
106
362
636
517
466
LT Debt
52
42
44
59
61
68
80
157
158
161
163
157
141
188
228
187
184
Total Equity
- -
4.37
-17.14
10.13
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
5.04
-8.28
8.14
6.11
5.76
5.01
5.43
4.93
4.38
2.9
1.32
- -
2.34
1.37
- -
0.41
Return on Capital (%)
- -
6.89
-11.06
21.4
15.91
18.42
18
20.37
18.57
18.4
16.28
9.3
-6.63
23.02
18.39
-18.94
-23.8
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
1,505
1,441
1,175
LT Borrowings
- -
- -
- -
LT Finance Leases
578
517
466
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
19
Market Capitalization
130
147
131

Working Capital

FRC

•

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
15
13
17
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
1
3
3
ST Debt
1,505
1,441
1,175
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.02%
4.51%
-18.13%
Free Cash Flow
3.14%
-198.66%
-144.66%
Net Income, GAAP
-78.21%
-177.04%
-204.05%
Sales/Revenue/Turnover
13.68%
21.97%
-4.17%
Total Cash Common Dividend
9.66%
-0.07%
9.73%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
45
51
55
50
202
2023
50
52
47
44
193
2024
38
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.1
0.52
0.64
- -
1.63
2023
0.06
0.11
0.01
- -
-1.65
2024
-0.34
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.1
0.13
0.13
- -
0.5
2023
0.16
0.17
0.17
- -
0.53
2024
0.02
- -
- -
- -
- -
Similar Companies
Industrial Investment Trust Limited (IITL.NS)
Inditrade Capital Limited (INDICAP.BO)
Idea Acquisition Corp. Warrants (IACOW)
MoneyMe Limited (MME.AX)
Star Money Public Company Limited (SM.BK)
Mizuho Leasing Company, Limited (8425.T)
Business
Chesswood Group Limited is a specialty finance holding company headquartered in Toronto, Canada, founded in 1982. It operates primarily in the commercial equipment finance, consumer finance, and asset management sectors across Canada and the United States. The company’s core products and services include micro and small-ticket commercial equipment financing to small and medium-sized businesses through vendor and broker channels in the U.S. and Canada; consumer financing, primarily near-prime and non-prime auto financing through automotive dealer partners in Canada; and private credit investment products offering lease and loan receivables exposure to investors. The company operates key subsidiaries including Pawnee Leasing Corporation and Tandem Finance Inc. in the U.S. equipment financing segment, Rifco National Auto Finance Corporation in Canadian auto finance, and asset management entities that provide private credit alternatives. Recent major changes include the sale of Chesswood’s interests in Vault Credit Corporation and Vault Home Credit Corporation, representing the entirety of its Canadian equipment leasing and consumer financing business segment, completed in August 2024 with proceeds deployed to reduce debt. Chesswood has also undergone a strategic review and management changes in 2024, focusing on asset portfolio optimization and credit facility remediation. In 2025, the company completed the sale of the Pawnee Leasing business as part of restructuring efforts. Chesswood continues to be engaged in evaluating strategic alternatives to maximize stakeholder value, operating under capital constraints but with a focus on executing its credit facility action plans and maintaining core equipment financing and auto finance operations in North America. It distributes dividends and provides leasing and financing solutions across commercial transportation, construction, healthcare, light industrial, and automotive sectors. Overall, Chesswood Group Limited remains a specialist financial services firm focused on micro and small-ticket equipment finance and consumer automotive finance in North America, alongside managing assets through private credit investment vehicles, while pursuing operational streamlining and financial restructuring initiatives in the last two years.