CM:CA:TSX-Canadian Imperial Bank Of Commerce (CAD)

EQUITY | Banks—Diversified | Toronto Stock Exchange

Last Closing

CAD 85.03

Change

+1.89 (+2.27)%

Market Cap

CAD 41.56B

Volume

2.24M

Analyst Target

CAD 109.14
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Canadian Imperial Bank of Commerce is a Canadian-based financial institution. The Company serves its clients through three business including retail and business banking, wealth management and wholesale banking.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-04-08 )

Largest Industry Peers for Banks—Diversified

ETFs Containing CM:CA

CEW WisdomTree Emerging Curre.. 0.00 % 1.44 %

+0.07 (+0.00%)

USD 7.10M
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

+0.05 (+0.00%)

CAD 0.19B
CRQ.A:CA 0.00 % 1.55 %

N/A

N/A
CRQ:CA 0.00 % 0.73 %

N/A

N/A
FIE.A:CA 0.00 % 1.78 %

N/A

N/A
HEF.A:CA 0.00 % 1.61 %

N/A

N/A
RCE:CA 0.00 % 0.43 %

N/A

N/A
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.29 %

-0.01 (0.00%)

CAD 0.37B
RQJ:CA 0.00 % 0.28 %

N/A

N/A
SHC:CA 0.00 % 0.71 %

N/A

N/A
FST:CA First Trust Canadian Capi.. 0.00 % 0.66 %

N/A

CAD 0.04B

Market Performance

  Market Performance vs. Industry/Classification (Banks—Diversified) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -21.31% 45% F 46% F
Dividend Return 1.35% 100% F 95% A
Total Return -19.96% 55% F 50% F
Trailing 12 Months  
Capital Gain -22.08% 33% F 40% F
Dividend Return 5.26% 100% F 94% A
Total Return -16.82% 67% D+ 48% F
Trailing 5 Years  
Capital Gain -9.39% 33% F 57% F
Dividend Return 27.46% 100% F 86% B+
Total Return 18.07% 50% F 73% C
Average Annual (5 Year Horizon)  
Capital Gain 3.44% 20% F 60% D-
Dividend Return 8.32% 20% F 70% C-
Total Return 4.87% 100% F 84% B
Risk Return Profile  
Volatility (Standard Deviation) 11.52% 80% B- 60% D-
Risk Adjusted Return 72.19% 40% F 80% B-
Market Capitalization 41.56B 27% F 97% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks—Diversified) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.20 55% 81%
Price/Book Ratio 0.96 100% 55%
Price / Cash Flow Ratio -30.26 100% 95%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.68% 27% 79%
Return on Invested Capital 6.24% 83% 60%
Return on Assets 0.80% 18% 42%
Debt to Equity Ratio 101.35% 55% 30%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.