K-Bro Linen (TSE:KBL)

Affiliate Disclosure

K‑Bro was founded in 1954 as Stork Diaper Service and later grew to meet the needs of the healthcare and hospitality industries. To better reflect the company’s evolving role and in honor of its founders – the Kinasewich brothers, the name was changed to K‑Bro Linen Systems Inc. in 1984.

K‑Bro is the largest provider of laundry and linen services in Canada meeting the needs of healthcare, hospitality, and other commercial sectors. They employ 2100 people across Canada at processing facilities located in Victoria, Vancouver, Calgary, Edmonton, Regina, Toronto, Montreal, and Quebec City. K‑Bro provides an extensive menu of services that go beyond basic laundry services.

The company has resisted the temptation to diversify into other activities, choosing instead to develop the finest laundry and linen service programs available. As a result, they are the leaders in the industry and are proud of their distinct reputation. From individual nursing homes to large hospital organizations, K‑Bro delivers linen service programs that are creative, flexible, cost efficient, and completely reliable.

K‑Bro invests more in built-in equipment redundancies than any other laundry service provider in Canada. Their track record of uninterrupted service speaks for itself. K‑Bro enjoys unmatched economies of scale in Canada. That combined with their training programs and continual reinvestment in state-of-the-art equipment ensures they operate as efficiently as possible and remain competitive for years to come. 

K-Bro Linen Stock Details

KBL Industry Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
ESS NYSE:ESS Essex Property Trust Inc. 13.78 26.33 4.30 YES 1 10 83
CAR.UN TSE:CAR.UN Canadian Apartment Properties REIT 7.53 0.00 3.22 YES 1 10 83
BEI.UN TSE:BEI.UN Boardwalk REIT 2.97 5.72 1.80 NO 1 10 83
KMP.UN TSE:KMP.UN Killam Apartment REIT 2.00 8.04 4.13 YES 1 10 83
IIP.UN TSE:IIP.UN InterRent REIT 1.73 0.00 3.15 YES 1 10 83
MI.UN TSE:MI.UN Minto Apartment REIT 0.56 0.00 3.58 YES 1 10 83
MRG.UN TSE:MRG.UN Morguard North American Residential REIT 0.51 0.00 5.48 NO 1 10 83

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