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

EQUITY | Banks—Diversified | Toronto Stock Exchange

Last Closing

CAD 82.61

Change

+0.31 (+0.38)%

Market Cap

CAD 41.56B

Volume

0.58M

Analyst Target

CAD 94.57
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: 2020-05-25 )

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 %

+0.06 (+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 -23.55% 36% F 30% F
Dividend Return 1.35% 100% F 91% A-
Total Return -22.20% 36% F 32% F
Trailing 12 Months  
Capital Gain -20.99% 67% D+ 32% F
Dividend Return 5.49% 100% F 95% A
Total Return -15.50% 83% B 39% F
Trailing 5 Years  
Capital Gain -12.54% 50% F 49% F
Dividend Return 27.28% 100% F 86% B+
Total Return 14.74% 50% F 64% D
Average Annual (5 Year Horizon)  
Capital Gain 2.42% 20% F 60% D-
Dividend Return 7.30% 20% F 70% C-
Total Return 4.89% 100% F 84% B
Risk Return Profile  
Volatility (Standard Deviation) 12.69% 80% B- 60% D-
Risk Adjusted Return 57.55% 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 45% 78%
Price/Book Ratio 1.02 67% 52%
Price / Cash Flow Ratio N/A N/A N/A
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.68% 27% 80%
Return on Invested Capital 10.51% 100% 79%
Return on Assets 0.80% 18% 46%
Debt to Equity Ratio 12.20% 45% 80%

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.

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.

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.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.