EXCHANGE INCOME CORP (EIF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:EIF - CA3012831077 - Common Stock
82.47 CAD
-1.32 (-1.58%)
We assign a fundamental rating of 5 out of 10 to EIF. EIF was compared to 5 industry peers in the Passenger Airlines industry. EIF has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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
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 80.00% of the companies in the same industry.
EIF's Return On Equity of 8.76% is amongst the best of the industry. EIF outperforms 100.00% of its industry peers.
The Return On Invested Capital of EIF (5.80%) is better than 80.00% 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 fine compared to the rest of the industry. EIF outperforms 80.00% of its industry peers.
EIF's Profit Margin has declined in the last couple of years.
The Operating Margin of EIF (11.47%) is better than 100.00% of its industry peers.
EIF's Operating Margin has been stable in the last couple of years.
EIF's Gross Margin of 36.67% is on the low side compared to the rest of the industry. EIF is outperformed by 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EIF is destroying value.
EIF has more shares outstanding than it did 1 year ago.
The number of shares outstanding for EIF has been increased compared to 5 years ago.
EIF has a worse debt/assets ratio than last year.
2.2 Solvency
EIF has an Altman-Z score of 1.68. This is a bad value and indicates that EIF is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of EIF (1.68) is better than 80.00% of its industry peers.
EIF has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
EIF has a Debt to Equity ratio of 1.50. This is comparable to the rest of the industry: EIF outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.68 |
ROIC/WACC0.71
WACC8.14%
2.3 Liquidity
A Current Ratio of 1.79 indicates that EIF should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.79, EIF is doing good in the industry, outperforming 80.00% of the companies in the same industry.
EIF has a Quick Ratio of 1.14. This is a normal value and indicates that EIF is financially healthy and should not expect problems in meeting its short term obligations.
EIF has a Quick ratio of 1.14. This is in the better half of the industry: EIF outperforms 80.00% of its industry peers.
| 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.
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
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
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.84, which indicates a rather expensive current valuation of EIF.
EIF's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.77, EIF is valued at the same level.
Based on the Price/Forward Earnings ratio of 19.57, the valuation of EIF can be described as rather expensive.
EIF's Price/Forward Earnings is on the same level as the industry average.
EIF is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.84 | ||
| Fwd PE | 19.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EIF is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.8 |
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.
EIF's earnings are expected to grow with 18.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.13
PEG (5Y)N/A
EPS Next 2Y19.52%
EPS Next 3Y18.6%
5. Dividend
5.1 Amount
EIF has a Yearly Dividend Yield of 3.28%. Purely for dividend investing, there may be better candidates out there.
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 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
93.13% of the earnings are spent on dividend by EIF. This is not a sustainable payout ratio.
EIF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP93.13%
EPS Next 2Y19.52%
EPS Next 3Y18.6%
TSX:EIF (12/30/2025, 7:00:00 PM)
82.47
-1.32 (-1.58%)
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 Cap4.48B
Revenue(TTM)3.04B
Net Income(TTM)144.13M
Analysts81.18
Price Target92.04 (11.6%)
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 | 24.84 | ||
| Fwd PE | 19.57 | ||
| P/S | 1.48 | ||
| P/FCF | N/A | ||
| P/OCF | 8.83 | ||
| P/B | 2.73 | ||
| P/tB | 9.69 | ||
| EV/EBITDA | 9.8 |
EPS(TTM)3.32
EY4.03%
EPS(NY)4.21
Fwd EY5.11%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)9.34
OCFY11.33%
SpS55.83
BVpS30.25
TBVpS8.51
PEG (NY)1.13
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
WACC8.14%
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 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 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.