Yellow Pages (Y) AI Stock Analysis

• Market Cap: $154.44M
• Dividend Yield: 8.86%
• Average Volume (3M): 8.00K
• Price to Earnings (P/E): 7.1
• Beta (1Y): 0.18
• Revenue Growth: -9.07%
• EPS Growth: -39.56%
• Country: CA
• Employees: 565
• Sector: Communication Services
• Sector Strength: 85
• Industry: Publishing
• EPS (TTM): 0.35
• Shares Outstanding: 13,752,770
• 10 Day Avg. Volume: 4,535
• 30 Day Avg. Volume: 7,996
• PEG Ratio: -0.27
• Price to Book (P/B): 2.79
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $10.47
• Price Target Upside: -6.75% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: C$12.50 ▲(11.31%Upside)

Yellow Pages' stock score reflects a blend of sound financial management and strategic corporate actions, offset by revenue declines and financial pressures. The low valuation and high dividend yield provide a strong investment case, while bullish technical indicators suggest positive short-term momentum. The earnings call and corporate events depict a company proactively managing challenges and positioning for future stability.

Yellow Pages Business Overview & Revenue Model

Company Description

Yellow Pages Limited operates as a digital media and marketing solutions company in Canada. The company provides digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages digital media properties, content syndication, search engine solutions, website fulfillment, social media campaign management, digital display advertising, video production, e-commerce, and print advertising to small and medium-sized enterprises. Its online properties include YP.ca that allows users to discover and transact within their local neighborhoods through merchant profiles, editorial content, reviews, and booking functionalities; Canada411 for personal and local business information; and 411.ca, a digital directory service. The company also operates as a directory publisher for Bell, Telus, Bell Aliant, MTS Allstream, and other telephone companies; and holds the YP, Canada411, and 411 mobile applications. Yellow Pages Limited was founded in 1908 and is headquartered in Montreal, Canada.

How the Company Makes Money

Yellow Pages makes money by offering a suite of digital marketing and advertising services. Its primary revenue streams include selling online directory listings and advertising space to businesses looking to increase their visibility. Yellow Pages charges businesses for premium listings, which enhance their discoverability through better placement and additional information. The company also provides search engine marketing and optimization services, helping businesses improve their ranking on search engines, which is another significant revenue source. Additionally, Yellow Pages may earn revenue through partnerships with other digital platforms and companies that expand their advertising reach and service offerings.

Yellow Pages Financial Statement Overview

Summary

Yellow Pages demonstrates sound profitability and cash management despite revenue declines. The consistent reduction in leverage strengthens its financial position, yet the overall shrinking scale of operations and declining free cash flow warrant careful monitoring.

Income Statement

The company has experienced a consistent decline in revenue over the past few years, with a significant drop from 2023 to 2024. Gross and net profit margins have been relatively stable, indicating efficient cost management. However, declining revenues remain a concern.

Balance Sheet

The company has improved its debt-to-equity ratio, reflecting reduced leverage. Return on Equity (ROE) remains strong, driven by profitability. However, the shrinking asset base and stockholders' equity suggest potential risks in long-term financial stability.

Cash Flow

The company exhibits strong operating cash flow relative to net income, highlighting effective cash management. Free cash flow has been positive but shows a declining trend, which could impact future growth investments.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
214.83M	239.43M	268.28M	287.65M	333.54M
	Gross Profit
50.84M	76.86M	96.57M	102.00M	129.44M
	EBIT
35.37M	61.00M	77.94M	77.02M	93.65M
	EBITDA
50.34M	75.57M	93.08M	85.95M	119.71M
	Net Income Common Stockholders
24.98M	47.40M	73.43M	70.64M	60.30M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
46.46M	23.23M	45.61M	125.04M	154.70M
	Total Assets
163.87M	167.51M	207.30M	305.23M	367.91M
	Total Debt
39.94M	43.91M	47.13M	49.88M	153.99M
	Net Debt
-4.27M	20.68M	3.22M	-73.68M	497.00K
	Total Liabilities
110.07M	125.26M	141.52M	189.10M	338.61M
	Stockholders Equity
53.80M	42.26M	65.78M	116.13M	29.30M
Cash Flow		Free Cash Flow
36.54M	42.81M	44.50M	99.50M	121.42M
	Operating Cash Flow
39.02M	46.77M	49.50M	104.58M	127.00M
	Investing Cash Flow
-513.00K	-2.50M	-3.67M	-4.48M	-3.01M
	Financing Cash Flow
-17.54M	-64.94M	-125.49M	-130.03M	-14.91M

Yellow Pages Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:Y, the sentiment is Positive. The current price of 11.23 is above the 20-day moving average (MA) of 11.11, above the 50-day MA of 10.60, and above the 200-day MA of 10.27, indicating a bullish trend. The MACD of 0.13 indicates Positive momentum. The RSI at 56.48 is Neutral, neither overbought nor oversold. The STOCH value of 58.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:Y.

Yellow Pages Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Y	71 Outperform	$154.44M	7.08	40.32%	8.86%	-9.07%	-39.56%
Sector *	61 Neutral	$14.56B	5.82	-4.02%	6.41%	2.72%	-31.67%
ILLM	50 Neutral	C$92.55M	497.22	0.19%	―	15.82%	―
GVC	44 Neutral	C$16.39M	―	-58.96%	―	-7.18%	75.46%
PNC.A		C$140.13M	―		―	―	―
PCDAF		$103.14M	―		―	―	―
FORA	51 Neutral	C$88.01M	62.54	-1.93%	―	11.40%	-13.80%

Yellow Pages Corporate Events

Yellow Pages Limited De-Risks Pension Plan with Annuity Purchase

Yellow Pages Limited has announced the purchase of group annuity contracts from BMO Life Assurance Company to transfer approximately $210 million of its defined benefit pension plan obligations. This strategic move is intended to de-risk the company’s pension plan by reducing its obligations by about 50%, while ensuring pensioners continue to receive equivalent benefits. The transaction is expected to strengthen Yellow Pages’ balance sheet and allow the company to focus on revenue-enhancing activities. Despite a non-cash net settlement loss anticipated in Q2 2025, the company plans to contribute an additional $4 million to the pension plan by June 2026.

The most recent analyst rating on (TSE:Y) stock is a Hold with a C$10.00 price target. To see the full list of analyst forecasts on Yellow Pages stock, see the TSE:Y Stock Forecast page.

Yellow Pages Limited Successfully Passes All AGM Resolutions

Yellow Pages Limited announced the successful passage of all resolutions at its Annual General Meeting of Shareholders, including the election of directors and the reappointment of Deloitte LLP as auditors. This outcome reflects strong shareholder support and is likely to reinforce the company’s strategic direction and governance stability.

The most recent analyst rating on (TSE:Y) stock is a Hold with a C$10.00 price target. To see the full list of analyst forecasts on Yellow Pages stock, see the TSE:Y Stock Forecast page.

Yellow Pages Limited Reports Q1 2025 Results and Declares Dividend

Yellow Pages Limited reported its financial and operating results for the first quarter of 2025, highlighting a continued trend toward revenue stability despite a 7.6% year-over-year decrease in total revenues. The company achieved an adjusted EBITDA margin of 23.4% and maintained a strong cash balance of approximately $49 million. The decline in revenues was primarily due to a decrease in digital and print customer counts, although this was partially offset by increased average spend per customer. The company also declared a dividend of $0.25 per common share, reflecting confidence in its medium- and long-term prospects.

The most recent analyst rating on (TSE:Y) stock is a Hold with a C$10.00 price target. To see the full list of analyst forecasts on Yellow Pages stock, see the TSE:Y Stock Forecast page.

Yellow Pages Announces Leadership Changes with CEO Retirement

Yellow Pages Limited announced the retirement of CEO David A. Eckert, effective July 15, 2025, with Sherilyn King named as his successor. Under Eckert’s leadership, the company achieved significant financial milestones, including debt repayment and shareholder returns. King’s promotion is expected to continue the company’s progress towards revenue stability. Additionally, Assunta Tortis has been appointed as Corporate Vice President of Finance, while CFO Franco Sciannamblo will also depart following a transition period.