CANACCORD GENUITY GRP IN - CFCN 3.885 PERP (CF-PR-A.CA) Stock Fundamental Analysis
TSX:CF-PR-A - Toronto Stock Exchange - CA1348013071 - Currency: CAD
We assign a fundamental rating of 5 out of 10 to CF-PR-A. CF-PR-A was compared to 82 industry peers in the Capital Markets industry. The financial health of CF-PR-A is average, but there are quite some concerns on its profitability. CF-PR-A has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CF-PR-A had positive earnings in the past year.
CF-PR-A had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CF-PR-A reported negative net income in multiple years.
In multiple years CF-PR-A reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.79%, CF-PR-A is doing worse than 65.48% of the companies in the same industry.
With a Return On Equity value of -4.44%, CF-PR-A is not doing good in the industry: 70.24% of the companies in the same industry are doing better.
The Return On Invested Capital of CF-PR-A (4.34%) is better than 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CF-PR-A is below the industry average of 8.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.79% | ||
| ROE | -4.44% | ||
| ROIC | 4.34% |
ROA(3y)0.42%
ROA(5y)1.09%
ROE(3y)2.68%
ROE(5y)7.29%
ROIC(3y)6.81%
ROIC(5y)8.48%
1.3 Margins
CF-PR-A has a Operating Margin (12.94%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CF-PR-A has grown nicely.
The Gross Margin of CF-PR-A (94.56%) is better than 86.90% of its industry peers.
In the last couple of years the Gross Margin of CF-PR-A has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.94% | ||
| PM (TTM) | N/A | ||
| GM | 94.56% |
OM growth 3Y-12.31%
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.13%
GM growth 5Y0.28%
2. Health
2.1 Basic Checks
Compared to 1 year ago, CF-PR-A has more shares outstanding
Compared to 5 years ago, CF-PR-A has less shares outstanding
The debt/assets ratio for CF-PR-A is higher compared to a year ago.
2.2 Solvency
CF-PR-A has an Altman-Z score of 0.86. This is a bad value and indicates that CF-PR-A is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CF-PR-A (0.86) is better than 60.71% of its industry peers.
CF-PR-A has a debt to FCF ratio of 1.84. This is a very positive value and a sign of high solvency as it would only need 1.84 years to pay back of all of its debts.
CF-PR-A has a better Debt to FCF ratio (1.84) than 86.90% of its industry peers.
CF-PR-A has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
CF-PR-A has a Debt to Equity ratio (1.15) which is comparable to the rest of the industry.
Although CF-PR-A does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 1.84 | ||
| Altman-Z | 0.86 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CF-PR-A has a Current Ratio of 1.23. This is a normal value and indicates that CF-PR-A is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.23, CF-PR-A is in the better half of the industry, outperforming 65.48% of the companies in the same industry.
CF-PR-A has a Quick Ratio of 1.23. This is a normal value and indicates that CF-PR-A is financially healthy and should not expect problems in meeting its short term obligations.
CF-PR-A has a better Quick ratio (1.23) than 65.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for CF-PR-A have decreased strongly by -28.81% in the last year.
CF-PR-A shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.52% yearly.
The Revenue has grown by 14.45% in the past year. This is quite good.
The Revenue has been growing slightly by 4.43% on average over the past years.
EPS 1Y (TTM)-28.81%
EPS 3Y-43.67%
EPS 5Y-12.52%
EPS Q2Q%-260.73%
Revenue 1Y (TTM)14.45%
Revenue growth 3Y-9.69%
Revenue growth 5Y4.43%
Sales Q2Q%15.9%
3.2 Future
Based on estimates for the next years, CF-PR-A will show a very strong growth in Earnings Per Share. The EPS will grow by 39.21% on average per year.
Based on estimates for the next years, CF-PR-A will show a quite strong growth in Revenue. The Revenue will grow by 11.72% on average per year.
EPS Next Y79.02%
EPS Next 2Y55.42%
EPS Next 3Y39.21%
EPS Next 5YN/A
Revenue Next Year18.86%
Revenue Next 2Y15.24%
Revenue Next 3Y11.72%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 43.21, which means the current valuation is very expensive for CF-PR-A.
CF-PR-A's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of CF-PR-A to the average of the S&P500 Index (29.35), we can say CF-PR-A is valued slightly more expensively.
The Price/Forward Earnings ratio is 17.89, which indicates a rather expensive current valuation of CF-PR-A.
61.90% of the companies in the same industry are more expensive than CF-PR-A, based on the Price/Forward Earnings ratio.
CF-PR-A's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.21 | ||
| Fwd PE | 17.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CF-PR-A is valued cheaply inside the industry as 98.81% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CF-PR-A is valued cheaply inside the industry as 97.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.01 | ||
| EV/EBITDA | 0.91 |
4.3 Compensation for Growth
CF-PR-A's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CF-PR-A's earnings are expected to grow with 39.21% in the coming years.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y55.42%
EPS Next 3Y39.21%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.97%, CF-PR-A has a reasonable but not impressive dividend return.
CF-PR-A's Dividend Yield is a higher than the industry average which is at 5.97.
Compared to an average S&P500 Dividend Yield of 2.33, CF-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
5.2 History
On average, the dividend of CF-PR-A grows each year by 22.53%, which is quite nice.
CF-PR-A has paid a dividend for at least 10 years, which is a reliable track record.
CF-PR-A has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)22.53%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
The earnings of CF-PR-A are negative and hence is the payout ratio. CF-PR-A will probably not be able to sustain this dividend level.
The dividend of CF-PR-A is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-158.78%
EPS Next 2Y55.42%
EPS Next 3Y39.21%
CANACCORD GENUITY GRP IN - CFCN 3.885 PERP
TSX:CF-PR-A (3/7/2025, 7:00:00 PM)
18.15
+0.03 (+0.17%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners10.98%
Inst Owner ChangeN/A
Ins Owners4.54%
Ins Owner ChangeN/A
Market Cap1.86B
Analysts83.64
Price Target24.8 (36.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
Yearly Dividend0.75
Dividend Growth(5Y)22.53%
DP-158.78%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)48111.6%
Min Revenue beat(2)-2.47%
Max Revenue beat(2)96225.8%
Revenue beat(4)2
Avg Revenue beat(4)48412.8%
Min Revenue beat(4)-5.44%
Max Revenue beat(4)97433.2%
Revenue beat(8)4
Avg Revenue beat(8)24204.3%
Revenue beat(12)5
Avg Revenue beat(12)16134.3%
Revenue beat(16)8
Avg Revenue beat(16)12102.7%
PT rev (1m)3.91%
PT rev (3m)25.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-15.77%
EPS NY rev (3m)-15.77%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.25%
Revenue NY rev (3m)-3.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.21 | ||
| Fwd PE | 17.89 | ||
| P/S | 1.08 | ||
| P/FCF | 3.01 | ||
| P/OCF | 2.62 | ||
| P/B | 1.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 0.91 |
EPS(TTM)0.42
EY2.31%
EPS(NY)1.01
Fwd EY5.59%
FCF(TTM)6.02
FCFY33.18%
OCF(TTM)6.92
OCFY38.13%
SpS16.75
BVpS9.41
TBVpS-0.12
PEG (NY)0.55
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.79% | ||
| ROE | -4.44% | ||
| ROCE | 10.1% | ||
| ROIC | 4.34% | ||
| ROICexc | 12.21% | ||
| ROICexgc | N/A | ||
| OM | 12.94% | ||
| PM (TTM) | N/A | ||
| GM | 94.56% | ||
| FCFM | 35.96% |
ROA(3y)0.42%
ROA(5y)1.09%
ROE(3y)2.68%
ROE(5y)7.29%
ROIC(3y)6.81%
ROIC(5y)8.48%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)13.72%
ROCE(5y)16.7%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-12.31%
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.13%
GM growth 5Y0.28%
F-Score4
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 1.84 | ||
| Debt/EBITDA | 3.75 | ||
| Cap/Depr | 124.26% | ||
| Cap/Sales | 5.37% | ||
| Interest Coverage | 1.79 | ||
| Cash Conversion | 239.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 0.86 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)36.01%
Cap/Depr(5y)26.69%
Cap/Sales(3y)1.44%
Cap/Sales(5y)1.04%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-28.81%
EPS 3Y-43.67%
EPS 5Y-12.52%
EPS Q2Q%-260.73%
EPS Next Y79.02%
EPS Next 2Y55.42%
EPS Next 3Y39.21%
EPS Next 5YN/A
Revenue 1Y (TTM)14.45%
Revenue growth 3Y-9.69%
Revenue growth 5Y4.43%
Sales Q2Q%15.9%
Revenue Next Year18.86%
Revenue Next 2Y15.24%
Revenue Next 3Y11.72%
Revenue Next 5YN/A
EBIT growth 1Y21.06%
EBIT growth 3Y-20.81%
EBIT growth 5Y7.28%
EBIT Next Year5.84%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y199.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y220.85%
OCF growth 3YN/A
OCF growth 5YN/A