ducovest

EIF:CA:TSX-Exchange Income Corporation (CAD)

EQUITY | Airlines | Toronto Stock Exchange

Last Closing

CAD 49.51

Change

-0.23 (-0.46)%

Market Cap

CAD 1.24B

Volume

0.09M

Analyst Target

CAD 39.68
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Exchange Income Corp is engaged in aviation and manufacturing businesses. It provides scheduled & online chartered services and manufactures stainless steel tanks.

Company Website : http://www.exchangeincomecorp.ca

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Airlines

Symbol Name Price(Change) Market Cap
AC:CA Air Canada

N/A

 CAD 7.18B

ETFs Containing EIF:CA

CDZ.A:CA 0.00 % 1.49 %

N/A

 N/A
HAL Halliburton Company 0.00 % 1.64 %

N/A

 USD 36.56B

Market Performance

  Market Performance vs. Industry/Classification (Airlines) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.78% 100% F 72% C
Dividend Return 1.46% 100% F 67% D+
Total Return 11.24% 100% F 76% C+
Trailing 12 Months  
Capital Gain -6.80% 50% F 21% F
Dividend Return 4.44% 100% F 70% C-
Total Return -2.35% 50% F 23% F
Trailing 5 Years  
Capital Gain 49.62% 100% F 70% C-
Dividend Return 34.03% 100% F 97% N/A
Total Return 83.65% 100% F 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 9.10% 100% F 75% C
Dividend Return 14.90% 100% F 83% B
Total Return 5.80% 100% F 96% N/A
Risk Return Profile  
Volatility (Standard Deviation) 29.40% 100% F 31% F
Risk Adjusted Return 50.67% 100% F 78% C+
Market Capitalization 1.24B 50% F 80% B-

Key Financial Ratios

  Ratio vs. Industry/Classification (Airlines) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 20.70 50% 32%
Price/Book Ratio 1.89 100% 36%
Price / Cash Flow Ratio 6.65 50% 45%
Price/Free Cash Flow Ratio 7.75 50% 40%
Management Effectiveness  
Return on Equity 10.80% 100% 66%
Return on Invested Capital 10.16% 50% 69%
Return on Assets 4.75% 50% 74%
Debt to Equity Ratio 146.64% 100% 21%

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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on equity

The company management has delivered better return on equity 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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.

Positive cash flow

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

Positive free cash flow

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

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 return on assets

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

Poor capital utilization

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

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

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.

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.