WinstonWınston
Back
Kits Eyecare logo

Kits Eyecare

KITS.TO
45
Specialty Retail · Consumer Cyclical
Exchange
Toronto Stock Exchange
Winston Score
45
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Mar 31, 2026
How the score breaks down
Quality
Mixed
Growth
Good
Cash Flow
Strong
Stability
Strong
Valuation
Weak

Winston Score History

The full picture

Kits Eyecare is a Canadian online retailer that sells eyeglasses, contact lenses, and eye care products directly to consumers. It operates mainly through its website, letting customers upload prescriptions and order corrective lenses without visiting a physical store. The company targets everyday shoppers looking for a cheaper, more convenient alternative to traditional optical chains like LensCrafters.

Kits makes money by selling products directly to customers online, cutting out the middleman and keeping prices lower than brick-and-mortar competitors. It operates primarily in Canada and the United States, and its main competitive edge is its direct-to-consumer model paired with an in-house optical lab that fills orders quickly. The company is still small, with thin operating margins around 3%, and its key growth driver is expanding its U.S. customer base — though it faces real competition from other online eyewear retailers like Warby Parker and 1-800 Contacts.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+23.3% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+16.5% YoY

YoY Growth Rate

Steady EPS growth

Insider Activity

61.7%ownership

Declining

Insider ownership declining — could be dilution or selling

Cash Runway

~13 months

C$22M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Adequate runway but may need to raise capital within 2 years

Growth context

Kits Eyecare is growing revenue at 23% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
40.6%
Healthy — 40.6% gross margin
Profit after running costs
Operating Margin
5.6%
Thin — 5.6% operating margin
Return on the money invested
ROCE
10.3%
Below par — 10.3% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+24.6%
Fast-growing sales (+24.6% YoY)
Profit growth
EPS YoY
-30.1%
Earnings shrinking (-30.1% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
172%
Turns 172% of profit into real cash
Spare cash per sale
FCF Margin
2.7%
Thin free cash flow (2.7%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.00
Conservative — low debt load (0.00)
Covers its interest
Interest Cover
3.26x
Tight — interest eats into profit (3.3x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
90.1x
no trend
Expensive — P/E 90.1

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial