EXCHANGE INCOME CORP (EIF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:EIF - CA3012831077 - Common Stock
81.96 CAD
-0.51 (-0.62%)
Overall EIF gets a fundamental rating of 5 out of 10. We evaluated EIF against 5 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 valied quite expensively at the moment, while it does show a decent growth rate. Finally EIF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year EIF was profitable.
EIF had a positive operating cash flow in the past year.
EIF had positive earnings in each of the past 5 years.
In the past 5 years EIF always reported a positive cash flow from operatings.
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 80.00% of the companies in the same industry.
With an excellent Return On Equity value of 8.76%, EIF belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
EIF has a Return On Invested Capital of 5.80%. This is in the better half of the industry: EIF outperforms 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EIF is above the industry average of 3.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 8.76% | ||
| ROIC | 5.8% |
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
The Profit Margin of EIF (4.75%) is better than 80.00% of its industry peers.
In the last couple of years the Profit Margin of EIF has declined.
EIF has a Operating Margin of 11.47%. This is amongst the best in the industry. EIF outperforms 100.00% of its industry peers.
EIF's Operating Margin has been stable in the last couple of years.
The Gross Margin of EIF (36.67%) is worse than 60.00% of its industry peers.
EIF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.47% | ||
| PM (TTM) | 4.75% | ||
| GM | 36.67% |
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
EIF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for EIF has been increased compared to 1 year ago.
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 1.68, we must say that EIF is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EIF (1.68) is better than 80.00% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that EIF has dependencies on debt financing.
The Debt to Equity ratio of EIF (1.50) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.68 |
ROIC/WACC0.69
WACC8.36%
2.3 Liquidity
A Current Ratio of 1.79 indicates that EIF should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.79, EIF is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
A Quick Ratio of 1.14 indicates that EIF should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.14, EIF is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.68% over the past year.
Measured over the past years, EIF shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.27% on average per year.
Looking at the last year, EIF shows a quite strong growth in Revenue. The Revenue has grown by 15.47% in the last year.
EIF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.67% yearly.
EPS 1Y (TTM)15.68%
EPS 3Y9.61%
EPS 5Y-0.27%
EPS Q2Q%15.25%
Revenue 1Y (TTM)15.47%
Revenue growth 3Y23.47%
Revenue growth 5Y14.67%
Sales Q2Q%35.2%
3.2 Future
Based on estimates for the next years, EIF will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.69% on average per year.
The Revenue is expected to grow by 14.83% on average over the next years. This is quite good.
EPS Next Y22.07%
EPS Next 2Y19.52%
EPS Next 3Y18.6%
EPS Next 5Y19.69%
Revenue Next Year20.1%
Revenue Next 2Y16.05%
Revenue Next 3Y12.76%
Revenue Next 5Y14.83%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.69 indicates a rather expensive valuation of EIF.
EIF's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of EIF to the average of the S&P500 Index (26.51), we can say EIF is valued inline with the index average.
The Price/Forward Earnings ratio is 19.45, which indicates a rather expensive current valuation of EIF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EIF is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of EIF to the average of the S&P500 Index (23.13), we can say EIF is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.69 | ||
| Fwd PE | 19.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EIF is valued a bit more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.76 |
4.3 Compensation for Growth
EIF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 18.60% in the coming years.
PEG (NY)1.12
PEG (5Y)N/A
EPS Next 2Y19.52%
EPS Next 3Y18.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.28%, EIF has a reasonable but not impressive dividend return.
EIF's Dividend Yield is rather good when compared to the industry average which is at 0.96. EIF pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, EIF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
5.2 History
The dividend of EIF has a limited annual growth rate of 3.39%.
EIF has paid a dividend for at least 10 years, which is a reliable track record.
EIF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.39%
Div Incr Years3
Div Non Decr Years20
5.3 Sustainability
93.13% of the earnings are spent on dividend by EIF. This is not a sustainable payout ratio.
The dividend of EIF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP93.13%
EPS Next 2Y19.52%
EPS Next 3Y18.6%
TSX:EIF (12/31/2025, 7:00:00 PM)
81.96
-0.51 (-0.62%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners11.88%
Inst Owner ChangeN/A
Ins Owners5.76%
Ins Owner ChangeN/A
Market Cap4.46B
Revenue(TTM)3.04B
Net Income(TTM)144.13M
Analysts81.18
Price Target92.04 (12.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
Yearly Dividend2.6
Dividend Growth(5Y)3.39%
DP93.13%
Div Incr Years3
Div Non Decr Years20
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.78%
Min EPS beat(2)-6.96%
Max EPS beat(2)-2.6%
EPS beat(4)0
Avg EPS beat(4)-6.21%
Min EPS beat(4)-10.57%
Max EPS beat(4)-2.6%
EPS beat(8)1
Avg EPS beat(8)-4.82%
EPS beat(12)1
Avg EPS beat(12)-6.18%
EPS beat(16)5
Avg EPS beat(16)6.58%
Revenue beat(2)1
Avg Revenue beat(2)4.99%
Min Revenue beat(2)-2.71%
Max Revenue beat(2)12.68%
Revenue beat(4)1
Avg Revenue beat(4)1.25%
Min Revenue beat(4)-4.33%
Max Revenue beat(4)12.68%
Revenue beat(8)2
Avg Revenue beat(8)-0.82%
Revenue beat(12)6
Avg Revenue beat(12)0.82%
Revenue beat(16)10
Avg Revenue beat(16)3.03%
PT rev (1m)0%
PT rev (3m)10.97%
EPS NQ rev (1m)-5.78%
EPS NQ rev (3m)-10.57%
EPS NY rev (1m)-6.1%
EPS NY rev (3m)-5.83%
Revenue NQ rev (1m)1.04%
Revenue NQ rev (3m)4.76%
Revenue NY rev (1m)5.54%
Revenue NY rev (3m)5.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.69 | ||
| Fwd PE | 19.45 | ||
| P/S | 1.47 | ||
| P/FCF | N/A | ||
| P/OCF | 8.77 | ||
| P/B | 2.71 | ||
| P/tB | 9.63 | ||
| EV/EBITDA | 9.76 |
EPS(TTM)3.32
EY4.05%
EPS(NY)4.21
Fwd EY5.14%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)9.34
OCFY11.4%
SpS55.83
BVpS30.25
TBVpS8.51
PEG (NY)1.12
PEG (5Y)N/A
Graham Number47.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 8.76% | ||
| ROCE | 7.88% | ||
| ROIC | 5.8% | ||
| ROICexc | 5.91% | ||
| ROICexgc | 8.12% | ||
| OM | 11.47% | ||
| PM (TTM) | 4.75% | ||
| GM | 36.67% | ||
| 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-Score6
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.51 | ||
| Cap/Depr | 158.77% | ||
| Cap/Sales | 18.66% | ||
| Interest Coverage | 2.8 | ||
| Cash Conversion | 72.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.68 |
F-Score6
WACC8.36%
ROIC/WACC0.69
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)15.68%
EPS 3Y9.61%
EPS 5Y-0.27%
EPS Q2Q%15.25%
EPS Next Y22.07%
EPS Next 2Y19.52%
EPS Next 3Y18.6%
EPS Next 5Y19.69%
Revenue 1Y (TTM)15.47%
Revenue growth 3Y23.47%
Revenue growth 5Y14.67%
Sales Q2Q%35.2%
Revenue Next Year20.1%
Revenue Next 2Y16.05%
Revenue Next 3Y12.76%
Revenue Next 5Y14.83%
EBIT growth 1Y14.04%
EBIT growth 3Y30.33%
EBIT growth 5Y14.87%
EBIT Next Year109.31%
EBIT Next 3Y37.98%
EBIT Next 5Y29.59%
FCF growth 1Y38.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y43.83%
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 for EIF stock?
ChartMill assigns a valuation rating of 2 / 10 to EXCHANGE INCOME CORP (EIF.CA). This can be considered as Overvalued.
Can you provide the profitability details for EXCHANGE INCOME CORP?
EXCHANGE INCOME CORP (EIF.CA) has a profitability rating of 6 / 10.
What are the PE and PB ratios of EXCHANGE INCOME CORP (EIF.CA) stock?
The Price/Earnings (PE) ratio for EXCHANGE INCOME CORP (EIF.CA) is 24.69 and the Price/Book (PB) ratio is 2.71.
How financially healthy is EXCHANGE INCOME CORP?
The financial health rating of EXCHANGE INCOME CORP (EIF.CA) is 3 / 10.