EXCHANGE INCOME CORP (EIF.CA) Stock Fundamental Analysis
Canada - TSX:EIF - CA3012831077 - Common Stock
76.99 CAD
-0.65 (-0.84%)
EIF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 7 industry peers in the Passenger Airlines industry. There are concerns on the financial health of EIF while its profitability can be described as average. EIF is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
EIF had positive earnings in the past year.
EIF had a positive operating cash flow in the past year.
EIF had positive earnings in each of the past 5 years.
EIF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.75%, EIF is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
With an excellent Return On Equity value of 9.07%, EIF belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
The Return On Invested Capital of EIF (5.96%) is better than 71.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EIF is in line with the industry average of 5.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 9.07% | ||
| ROIC | 5.96% |
ROA(3y)2.91%
ROA(5y)2.52%
ROE(3y)9.73%
ROE(5y)8.37%
ROIC(3y)5.98%
ROIC(5y)5.34%
1.3 Margins
With a decent Profit Margin value of 4.71%, EIF is doing good in the industry, outperforming 71.43% of the companies in the same industry.
EIF's Profit Margin has declined in the last couple of years.
EIF's Operating Margin of 11.97% is amongst the best of the industry. EIF outperforms 100.00% of its industry peers.
EIF's Operating Margin has been stable in the last couple of years.
EIF has a Gross Margin of 37.29%. This is comparable to the rest of the industry: EIF outperforms 42.86% of its industry peers.
EIF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.97% | ||
| PM (TTM) | 4.71% | ||
| GM | 37.29% |
OM growth 3Y5.55%
OM growth 5Y0.17%
PM growth 3Y-2.07%
PM growth 5Y-6.07%
GM growth 3Y-0.42%
GM growth 5Y-1.74%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EIF is destroying value.
Compared to 1 year ago, EIF has more shares outstanding
EIF has more shares outstanding than it did 5 years ago.
The debt/assets ratio for EIF is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.71, we must say that EIF is in the distress zone and has some risk of bankruptcy.
EIF has a Altman-Z score (1.71) which is comparable to the rest of the industry.
EIF has a Debt/Equity ratio of 1.67. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of EIF (1.67) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.67 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.71 |
ROIC/WACC0.74
WACC8.1%
2.3 Liquidity
EIF has a Current Ratio of 2.24. This indicates that EIF is financially healthy and has no problem in meeting its short term obligations.
EIF has a better Current ratio (2.24) than 100.00% of its industry peers.
A Quick Ratio of 1.47 indicates that EIF should not have too much problems paying its short term obligations.
The Quick ratio of EIF (1.47) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.24 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.95% over the past year.
EIF shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.27% yearly.
Looking at the last year, EIF shows a small growth in Revenue. The Revenue has grown by 6.87% in the last year.
Measured over the past years, EIF shows a quite strong growth in Revenue. The Revenue has been growing by 14.67% on average per year.
EPS 1Y (TTM)12.95%
EPS 3Y9.61%
EPS 5Y-0.27%
EPS Q2Q%14.29%
Revenue 1Y (TTM)6.87%
Revenue growth 3Y23.47%
Revenue growth 5Y14.67%
Sales Q2Q%8.99%
3.2 Future
EIF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.12% yearly.
EIF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.45% yearly.
EPS Next Y29.63%
EPS Next 2Y25.56%
EPS Next 3Y22.7%
EPS Next 5Y14.12%
Revenue Next Year13.8%
Revenue Next 2Y12.79%
Revenue Next 3Y11.13%
Revenue Next 5Y15.45%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 24.52, the valuation of EIF can be described as rather expensive.
EIF's Price/Earnings ratio is a bit cheaper when compared to the industry. EIF is cheaper than 71.43% of the companies in the same industry.
EIF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.08.
EIF is valuated correctly with a Price/Forward Earnings ratio of 16.55.
Based on the Price/Forward Earnings ratio, EIF is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of EIF to the average of the S&P500 Index (23.09), we can say EIF is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.52 | ||
| Fwd PE | 16.55 |
4.2 Price Multiples
EIF's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.32 |
4.3 Compensation for Growth
EIF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EIF has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as EIF's earnings are expected to grow with 22.70% in the coming years.
PEG (NY)0.83
PEG (5Y)N/A
EPS Next 2Y25.56%
EPS Next 3Y22.7%
5. Dividend
5.1 Amount
EIF has a Yearly Dividend Yield of 3.41%.
Compared to an average industry Dividend Yield of 2.39, EIF pays a better dividend. On top of this EIF pays more dividend than 85.71% of the companies listed in the same industry.
EIF's Dividend Yield is a higher than the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
5.2 History
The dividend of EIF has a limited annual growth rate of 3.39%.
EIF has been paying a dividend for at least 10 years, so it has a reliable track record.
EIF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.39%
Div Incr Years3
Div Non Decr Years20
5.3 Sustainability
EIF pays out 99.73% of its income as dividend. This is not a sustainable payout ratio.
EIF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP99.73%
EPS Next 2Y25.56%
EPS Next 3Y22.7%
TSX:EIF (10/27/2025, 7:00:00 PM)
76.99
-0.65 (-0.84%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners11.35%
Inst Owner ChangeN/A
Ins Owners6.07%
Ins Owner ChangeN/A
Market Cap3.99B
Revenue(TTM)2.79B
Net Income(TTM)131.28M
Analysts81.18
Price Target83.25 (8.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
Yearly Dividend2.6
Dividend Growth(5Y)3.39%
DP99.73%
Div Incr Years3
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.59%
Min EPS beat(2)-10.57%
Max EPS beat(2)-2.6%
EPS beat(4)0
Avg EPS beat(4)-5.53%
Min EPS beat(4)-10.57%
Max EPS beat(4)-2.6%
EPS beat(8)1
Avg EPS beat(8)-4.98%
EPS beat(12)2
Avg EPS beat(12)-5.38%
EPS beat(16)6
Avg EPS beat(16)7.57%
Revenue beat(2)0
Avg Revenue beat(2)-1.67%
Min Revenue beat(2)-2.71%
Max Revenue beat(2)-0.64%
Revenue beat(4)0
Avg Revenue beat(4)-3.34%
Min Revenue beat(4)-5.7%
Max Revenue beat(4)-0.64%
Revenue beat(8)2
Avg Revenue beat(8)-1.98%
Revenue beat(12)6
Avg Revenue beat(12)0.28%
Revenue beat(16)10
Avg Revenue beat(16)3.05%
PT rev (1m)0.38%
PT rev (3m)13.66%
EPS NQ rev (1m)0.21%
EPS NQ rev (3m)10.03%
EPS NY rev (1m)0%
EPS NY rev (3m)2.45%
Revenue NQ rev (1m)-0.33%
Revenue NQ rev (3m)7.06%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)2.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.52 | ||
| Fwd PE | 16.55 | ||
| P/S | 1.43 | ||
| P/FCF | N/A | ||
| P/OCF | 8.91 | ||
| P/B | 2.75 | ||
| P/tB | 14.14 | ||
| EV/EBITDA | 9.32 |
EPS(TTM)3.14
EY4.08%
EPS(NY)4.65
Fwd EY6.04%
FCF(TTM)-1.16
FCFYN/A
OCF(TTM)8.64
OCFY11.23%
SpS53.79
BVpS27.95
TBVpS5.44
PEG (NY)0.83
PEG (5Y)N/A
Graham Number44.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 9.07% | ||
| ROCE | 8.1% | ||
| ROIC | 5.96% | ||
| ROICexc | 6.32% | ||
| ROICexgc | 9.02% | ||
| OM | 11.97% | ||
| PM (TTM) | 4.71% | ||
| GM | 37.29% | ||
| FCFM | N/A |
ROA(3y)2.91%
ROA(5y)2.52%
ROE(3y)9.73%
ROE(5y)8.37%
ROIC(3y)5.98%
ROIC(5y)5.34%
ROICexc(3y)6.18%
ROICexc(5y)5.52%
ROICexgc(3y)9.03%
ROICexgc(5y)8.05%
ROCE(3y)8.13%
ROCE(5y)7.25%
ROICexgc growth 3Y4.16%
ROICexgc growth 5Y1.41%
ROICexc growth 3Y5.19%
ROICexc growth 5Y0.27%
OM growth 3Y5.55%
OM growth 5Y0.17%
PM growth 3Y-2.07%
PM growth 5Y-6.07%
GM growth 3Y-0.42%
GM growth 5Y-1.74%
F-Score5
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.67 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.63 | ||
| Cap/Depr | 152.1% | ||
| Cap/Sales | 18.22% | ||
| Interest Coverage | 2.68 | ||
| Cash Conversion | 67.08% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.24 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 1.71 |
F-Score5
WACC8.1%
ROIC/WACC0.74
Cap/Depr(3y)171.71%
Cap/Depr(5y)149%
Cap/Sales(3y)18.83%
Cap/Sales(5y)17.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.95%
EPS 3Y9.61%
EPS 5Y-0.27%
EPS Q2Q%14.29%
EPS Next Y29.63%
EPS Next 2Y25.56%
EPS Next 3Y22.7%
EPS Next 5Y14.12%
Revenue 1Y (TTM)6.87%
Revenue growth 3Y23.47%
Revenue growth 5Y14.67%
Sales Q2Q%8.99%
Revenue Next Year13.8%
Revenue Next 2Y12.79%
Revenue Next 3Y11.13%
Revenue Next 5Y15.45%
EBIT growth 1Y14.84%
EBIT growth 3Y30.33%
EBIT growth 5Y14.87%
EBIT Next Year108.55%
EBIT Next 3Y37.12%
EBIT Next 5Y29.03%
FCF growth 1Y11.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y31.27%
OCF growth 3Y7.79%
OCF growth 5Y10.45%
EXCHANGE INCOME CORP / EIF.CA FAQ
Can you provide the ChartMill fundamental rating for EXCHANGE INCOME CORP?
ChartMill assigns a fundamental rating of 5 / 10 to EIF.CA.
What is the valuation status of EXCHANGE INCOME CORP (EIF.CA) stock?
ChartMill assigns a valuation rating of 4 / 10 to EXCHANGE INCOME CORP (EIF.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for EXCHANGE INCOME CORP?
EXCHANGE INCOME CORP (EIF.CA) has a profitability rating of 6 / 10.
What is the financial health of EXCHANGE INCOME CORP (EIF.CA) stock?
The financial health rating of EXCHANGE INCOME CORP (EIF.CA) is 3 / 10.
What is the earnings growth outlook for EXCHANGE INCOME CORP?
The Earnings per Share (EPS) of EXCHANGE INCOME CORP (EIF.CA) is expected to grow by 29.63% in the next year.