Where Are the Income Opportunities in Canadian Stocks This Week?
Wednesday, October 7, 2026 · Johnny Hopkins
The Acquirer’s Multiple® Canada All TSX screen gives investors a way to search Canadian-listed companies for value, cash generation and shareholder returns.
This week’s screen contains 106 companies. The median company trades at an Acquirer’s Multiple of 8.1x and has a free-cash-flow yield of approximately 11.1%.
At the cheaper end, 66 companies trade below 10x, 51 trade below 8x and 15 trade below 5x.
Where the Opportunities Are Concentrated
The sub-10x group spans several areas of the market, including:
- Insurance, investment services and specialty finance
- Energy producers and energy-service companies
- Telecommunications
- Food producers and retailers
- Transportation and infrastructure
- Industrial distributors and manufacturers
- Consumer products and automotive suppliers
- Software and technology services
- Materials and construction-related businesses
Canadian value investors have candidates to research beyond the country’s largest banks, energy producers and mining companies.
Income Supported by Cash Flow
Dividend investors should look beyond headline yield and ask whether the underlying business generates enough cash to support its distributions.
All 106 companies in this week’s screen report a positive free-cash-flow yield. Among the 66 trading below 10x, the median free-cash-flow yield is approximately 14.6%.
That sub-10x group has a median shareholder yield of approximately 13.7%, while 77 companies across the full screen report dividend yields above 5%.
High reported yields deserve careful examination. Special dividends, recent share-price declines, cyclical earnings and one-off capital returns can all affect whether a yield is likely to continue.
What Income Investors Should Examine
Before investing, income-focused investors should consider:
- Free-cash-flow consistency
- Dividend coverage and payment history
- Debt and refinancing requirements
- The cyclicality of earnings
- Whether buybacks reduced the share count
- Whether recent distributions are likely to continue
Bottom Line
This week’s Canada All TSX screen contains 106 companies, with nearly half trading below an 8x Acquirer’s Multiple and all reporting positive free-cash-flow yields.
Among the 66 companies trading below 10x, the median free-cash-flow yield is approximately 14.6% and the median shareholder yield is approximately 13.7%. The figures provide a useful starting point for further research, particularly for investors seeking a combination of value, income and shareholder returns.
The complete premium screen gives subscribers the company names, rankings and underlying valuation, free-cash-flow, dividend, buyback, shareholder-yield and quality measures.
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