United Corporations Limited

United Corporations Limited

UNC.TO
United Corporations LimitedCA flagToronto Stock Exchange
15.25
CAD
- -
- -
1.72BMarket Cap
United Corporations Limited
UNC.TO
(Toronto Stock Exchange)

Recent

price

15.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.17
0.18
0.17
1.16
2.22
2.34
0.59
1.68
1.02
1.27
-0.77
4.03
-0.18
0.17
3.62
2.29
3.6
Revenue per Share
1.33
0.53
0.13
1.11
1.89
1.99
0.46
1.41
0.84
1.06
-0.71
3.49
-0.19
0.11
3.08
1.96
3.11
Basic EPS, GAAP
- -
- -
- -
- -
0.14
0.26
0.11
0.22
0.25
0.4
0.27
0.71
-0.01
1.01
0.4
2.04
1.86
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.15
0.16
0.18
0.22
0.24
0.2
0.23
0.23
0.23
0.58
0.15
1.81
1.9
Dividend per Share
6.73
7.2
7.05
8.25
10.01
11.85
12.13
13.3
13.9
14.76
13.78
17.12
16.7
16.11
19.16
19.72
22
Book Value per Share
6.73
7.2
7.05
8.2
9.96
11.85
12.13
13.3
13.9
14.76
13.78
17.12
16.7
16.11
19.16
19.72
22
Tangible Book Value per Share
122
122
125
122
122
122
122
122
122
122
122
121
121
118
115
113
113
Basic Weighted Avg Shares
21
23
21
141
270
285
72
204
124
155
-94
488
-22
20
416
257
405
Sales/Revenue/Turnover
84.08
82.93
104.08
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
163
65
16
136
230
243
56
172
103
129
-87
423
-23
14
354
221
349
Net Income, GAAP
- -
17.7
18.6
3.19
14.39
14.55
20.43
15.14
16.45
16.1
- -
13.1
- -
23.35
14.33
13.34
13.34
Effective Tax Rate (%)
761.53
288.29
78.78
96.27
85.31
85.12
78.27
84.29
82.66
83.15
91.86
86.57
106.76
68.07
85.18
85.91
86.18
Profit Margin (%)
3
-14
-12
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
829
884
890
1,008
1,221
1,445
1,479
1,621
1,695
1,800
1,680
2,072
2,019
1,912
2,209
2,225
2,482
Total Equity
- -
1.75
1.9
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
21.53
7.63
1.85
14.37
20.64
18.2
3.84
11.08
6.18
7.37
-4.99
22.51
-1.15
0.69
17.23
9.98
14.51
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'26
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
6
6
6
Shares Outstanding
113
113
113
Market Capitalization
1,348
1,527
1,642

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'26
Sep'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
80
66
44
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.78%
6.34%
0.74%
Free Cash Flow
-1,632.02%
-3,281.45%
397.75%
Net Income, GAAP
151%
312.72%
-37.59%
Sales/Revenue/Turnover
92.06%
197.42%
-38.12%
Total Cash Common Dividend
123.39%
237.69%
1,118.49%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
89
-56
181
202
416
2025
84
92
84
-2
257
2026
113
212
-56
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.65
-0.43
1.35
- -
3.08
2025
0.63
0.7
0.66
- -
1.96
2026
0.85
1.62
-0.44
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.03
0.03
- -
0.15
2025
0.07
0.03
0.03
- -
1.81
2026
0.16
0.03
1.47
- -
- -
Business
United Corporations Limited, founded in February 1929 and headquartered at 165 University Avenue, 10th Floor, Toronto, Ontario, Canada, operates as a closed-end investment company listed on the Toronto Stock Exchange under the ticker UNC.TO. The company functions as an investment vehicle focused on long-term growth through a diversified portfolio primarily comprising foreign equities in regions including the United States, Europe, United Kingdom, Canada, Australia, and Japan; it invests in common stocks for capital appreciation and dividend income, with assets occasionally held in interest-bearing short-term securities pending equity selections; the external portfolio receives active management from sub-advisors such as Comgest Asset Management International Limited, Causeway Capital Management LLC, and Neuberger Berman Canada ULC. United Corporations maintains net assets of $2,208.5 million as of March 31, 2024, pays quarterly dividends on its preferred and common shares, and targets above-average returns over extended periods despite short-term market volatility. Recent developments include the announcement on May 6, 2025, of a proposed ten-for-one split of its common shares; renewal of its normal course issuer bid on March 10, 2025, allowing repurchases during the 12-month period ending March 11, 2026; declaration of dividends including on July 31, 2025, and June 18, 2025; and outcomes from its 2025 annual and special meeting of shareholders confirming director elections and share split details.