EXCHANGE INCOME CORP (EIF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:EIF - CA3012831077 - Common Stock
84.09 CAD
-0.44 (-0.52%)
EIF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 5 industry peers in the Passenger Airlines industry. EIF has an excellent profitability rating, but there are concerns on its financial health. 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.
In the past year EIF had a positive cash flow from operations.
Each year in the past 5 years EIF has been profitable.
Each year in the past 5 years EIF had a positive operating cash flow.
1.2 Ratios
The Return On Assets of EIF (2.75%) is better than 83.33% of its industry peers.
EIF has a better Return On Equity (8.76%) than 100.00% of its industry peers.
The Return On Invested Capital of EIF (5.80%) is better than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
EIF's Profit Margin of 4.75% is amongst the best of the industry. EIF outperforms 83.33% of its industry peers.
EIF's Profit Margin has declined in the last couple of years.
EIF has a better Operating Margin (11.47%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of EIF has remained more or less at the same level.
EIF's Gross Margin of 36.67% is on the low side compared to the rest of the industry. EIF is outperformed by 66.67% of its industry peers.
In the last couple of years the Gross Margin of EIF has declined.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EIF is destroying value.
The number of shares outstanding for EIF has been increased compared to 1 year ago.
The number of shares outstanding for EIF has been increased compared to 5 years ago.
Compared to 1 year ago, EIF has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.69, we must say that EIF is in the distress zone and has some risk of bankruptcy.
EIF has a Altman-Z score of 1.69. This is in the better half of the industry: EIF outperforms 66.67% 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.
EIF has a Debt to Equity ratio (1.50) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.69 |
ROIC/WACC0.71
WACC8.17%
2.3 Liquidity
A Current Ratio of 1.79 indicates that EIF should not have too much problems paying its short term obligations.
EIF has a better Current ratio (1.79) than 83.33% of its industry peers.
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 belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
EIF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.68%, which is quite good.
EIF shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.27% yearly.
EIF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.47%.
The Revenue has been growing by 14.67% on average over the past years. This is quite good.
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
EIF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.69% yearly.
Based on estimates for the next years, EIF will show a quite strong growth in Revenue. The Revenue will grow by 14.83% on average per year.
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.
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
EIF is valuated quite expensively with a Price/Earnings ratio of 25.33.
Based on the Price/Earnings ratio, EIF is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.92. EIF is around the same levels.
EIF is valuated rather expensively with a Price/Forward Earnings ratio of 19.95.
Based on the Price/Forward Earnings ratio, EIF is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of EIF to the average of the S&P500 Index (23.46), we can say EIF is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.33 | ||
| Fwd PE | 19.95 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as EIF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.92 |
4.3 Compensation for Growth
The 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)1.15
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.
EIF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| 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 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
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 (12/24/2025, 7:00:00 PM)
84.09
-0.44 (-0.52%)
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 Cap4.57B
Revenue(TTM)3.04B
Net Income(TTM)144.13M
Analysts81.18
Price Target92.04 (9.45%)
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-Date
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 | 25.33 | ||
| Fwd PE | 19.95 | ||
| P/S | 1.51 | ||
| P/FCF | N/A | ||
| P/OCF | 9 | ||
| P/B | 2.78 | ||
| P/tB | 9.88 | ||
| EV/EBITDA | 9.92 |
EPS(TTM)3.32
EY3.95%
EPS(NY)4.21
Fwd EY5.01%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)9.34
OCFY11.11%
SpS55.83
BVpS30.25
TBVpS8.51
PEG (NY)1.15
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 | 1.69 |
F-Score6
WACC8.17%
ROIC/WACC0.71
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 of EXCHANGE INCOME CORP (EIF.CA) stock?
ChartMill assigns a valuation rating of 3 / 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 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 22.07% in the next year.