CANACCORD GENUITY GROUP INC (CF.CA) Stock Fundamental Analysis
TSX:CF - Toronto Stock Exchange - CA1348011091 - Common Stock - Currency: CAD
Taking everything into account, CF scores 5 out of 10 in our fundamental rating. CF was compared to 83 industry peers in the Capital Markets industry. CF has only an average score on both its financial health and profitability. CF has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CF had positive earnings in the past year.
CF had a positive operating cash flow in the past year.
In multiple years CF reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: CF reported negative operating cash flow in multiple years.
1.2 Ratios
CF's Return On Assets of -0.79% is on the low side compared to the rest of the industry. CF is outperformed by 64.29% of its industry peers.
Looking at the Return On Equity, with a value of -4.44%, CF is doing worse than 69.05% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.34%, CF is doing good in the industry, outperforming 76.19% of the companies in the same industry.
CF had an Average Return On Invested Capital over the past 3 years of 6.81%. This is in line with the industry average of 8.66%.
| 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
The Operating Margin of CF (12.94%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CF has grown nicely.
The Gross Margin of CF (94.56%) is better than 88.10% of its industry peers.
CF's Gross Margin has been stable in the last couple of years.
| 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
CF has more shares outstanding than it did 1 year ago.
CF has less shares outstanding than it did 5 years ago.
CF has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.73, we must say that CF is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.73, CF perfoms like the industry average, outperforming 59.52% of the companies in the same industry.
The Debt to FCF ratio of CF is 1.84, which is an excellent value as it means it would take CF, only 1.84 years of fcf income to pay off all of its debts.
CF's Debt to FCF ratio of 1.84 is amongst the best of the industry. CF outperforms 88.10% of its industry peers.
CF has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
CF has a Debt to Equity ratio (1.15) which is comparable to the rest of the industry.
Although CF 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 | 0.73 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CF has a Current Ratio of 1.23. This is a normal value and indicates that CF is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of CF (1.23) is better than 66.67% of its industry peers.
A Quick Ratio of 1.23 indicates that CF should not have too much problems paying its short term obligations.
The Quick ratio of CF (1.23) is better than 66.67% 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 have decreased strongly by -28.81% in the last year.
Measured over the past years, CF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.52% on average per year.
Looking at the last year, CF shows a quite strong growth in Revenue. The Revenue has grown by 14.45% in the last year.
Measured over the past years, CF shows a small growth in Revenue. The Revenue has been growing by 4.43% on average per year.
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
CF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.21% yearly.
CF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.72% yearly.
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
Based on the Price/Earnings ratio of 20.64, the valuation of CF can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as CF.
Compared to an average S&P500 Price/Earnings ratio of 29.35, CF is valued a bit cheaper.
A Price/Forward Earnings ratio of 8.55 indicates a reasonable valuation of CF.
CF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CF is cheaper than 69.05% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CF to the average of the S&P500 Index (22.10), we can say CF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 8.55 |
4.2 Price Multiples
98.81% of the companies in the same industry are more expensive than CF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.44 | ||
| EV/EBITDA | -2.37 |
4.3 Compensation for Growth
The 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's earnings are expected to grow with 39.21% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y55.42%
EPS Next 3Y39.21%
5. Dividend
5.1 Amount
CF has a Yearly Dividend Yield of 3.97%.
In the last 3 months the price of CF has falen by -21.04%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
CF's Dividend Yield is a higher than the industry average which is at 5.84.
Compared to an average S&P500 Dividend Yield of 2.33, CF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
5.2 History
On average, the dividend of CF grows each year by 22.53%, which is quite nice.
CF has been paying a dividend for at least 10 years, so it has a reliable track record.
CF has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)22.53%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
CF has negative earnings and hence a negative payout ratio. The dividend may be in danger.
CF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-158.78%
EPS Next 2Y55.42%
EPS Next 3Y39.21%
TSX:CF (3/7/2025, 7:00:00 PM)
8.67
+0.11 (+1.29%)
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 Cap888.94M
Analysts83.64
Price Target11.31 (30.45%)
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 Years4
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)-11.33%
PT rev (3m)-11.33%
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 | 20.64 | ||
| Fwd PE | 8.55 | ||
| P/S | 0.52 | ||
| P/FCF | 1.44 | ||
| P/OCF | 1.25 | ||
| P/B | 0.92 | ||
| P/tB | N/A | ||
| EV/EBITDA | -2.37 |
EPS(TTM)0.42
EY4.84%
EPS(NY)1.01
Fwd EY11.7%
FCF(TTM)6.02
FCFY69.45%
OCF(TTM)6.92
OCFY79.83%
SpS16.75
BVpS9.41
TBVpS-0.12
PEG (NY)0.26
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 | 0.73 |
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