EXCHANGE INCOME CORP (EIF.CA) Fundamental Analysis & Valuation
TSX:EIF • CA3012831077
Current stock price
105 CAD
+2 (+1.94%)
Last:
This EIF.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. EIF.CA Profitability Analysis
1.1 Basic Checks
- In the past year EIF was profitable.
- EIF had a positive operating cash flow in the past year.
- Each year in the past 5 years EIF has been profitable.
- In the past 5 years EIF always reported a positive cash flow from operatings.
1.2 Ratios
- EIF has a Return On Assets of 3.18%. This is comparable to the rest of the industry: EIF outperforms 50.00% of its industry peers.
- EIF has a Return On Equity (9.53%) which is in line with its industry peers.
- EIF's Return On Invested Capital of 6.03% is fine compared to the rest of the industry. EIF outperforms 66.67% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for EIF is in line with the industry average of 5.94%.
- The last Return On Invested Capital (6.03%) for EIF is above the 3 year average (5.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.18% | ||
| ROE | 9.53% | ||
| ROIC | 6.03% |
ROA(3y)2.94%
ROA(5y)2.91%
ROE(3y)9.32%
ROE(5y)9.46%
ROIC(3y)5.99%
ROIC(5y)5.75%
1.3 Margins
- EIF has a Profit Margin of 5.11%. This is comparable to the rest of the industry: EIF outperforms 50.00% of its industry peers.
- In the last couple of years the Profit Margin of EIF has grown nicely.
- Looking at the Operating Margin, with a value of 11.27%, EIF belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- In the last couple of years the Operating Margin of EIF has grown nicely.
- EIF has a Gross Margin of 36.52%. This is in the lower half of the industry: EIF underperforms 66.67% of its industry peers.
- EIF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.27% | ||
| PM (TTM) | 5.11% | ||
| GM | 36.52% |
OM growth 3Y-0.65%
OM growth 5Y4.97%
PM growth 3Y-1.36%
PM growth 5Y15.9%
GM growth 3Y1.89%
GM growth 5Y-1.67%
2. EIF.CA Health Analysis
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.
- Compared to 5 years ago, EIF has more shares outstanding
- Compared to 1 year ago, EIF has an improved debt to assets ratio.
2.2 Solvency
- EIF has an Altman-Z score of 1.98. This is not the best score and indicates that EIF is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a decent Altman-Z score value of 1.98, EIF is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- A Debt/Equity ratio of 1.35 is on the high side and indicates that EIF has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.35, EIF is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.98 |
ROIC/WACC0.7
WACC8.59%
2.3 Liquidity
- A Current Ratio of 1.71 indicates that EIF should not have too much problems paying its short term obligations.
- The Current ratio of EIF (1.71) is better than 83.33% of its industry peers.
- EIF has a Quick Ratio of 1.07. 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 1.07. This is amongst the best in the industry. EIF outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.07 |
3. EIF.CA Growth Analysis
3.1 Past
- EIF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.68%, which is quite impressive.
- Measured over the past years, EIF shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.13% on average per year.
- Looking at the last year, EIF shows a very strong growth in Revenue. The Revenue has grown by 23.22%.
- Measured over the past years, EIF shows a very strong growth in Revenue. The Revenue has been growing by 23.31% on average per year.
EPS 1Y (TTM)20.68%
EPS 3Y5.52%
EPS 5Y22.13%
EPS Q2Q%30%
Revenue 1Y (TTM)23.22%
Revenue growth 3Y16.75%
Revenue growth 5Y23.31%
Sales Q2Q%35.17%
3.2 Future
- The Earnings Per Share is expected to grow by 11.60% on average over the next years. This is quite good.
- Based on estimates for the next years, EIF will show a quite strong growth in Revenue. The Revenue will grow by 10.45% on average per year.
EPS Next Y17.58%
EPS Next 2Y19.35%
EPS Next 3Y15.71%
EPS Next 5Y11.6%
Revenue Next Year15.93%
Revenue Next 2Y11.39%
Revenue Next 3Y10%
Revenue Next 5Y10.45%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. EIF.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 29.49 indicates a quite expensive valuation of EIF.
- 66.67% of the companies in the same industry are more expensive than EIF, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 26.91, EIF is valued at the same level.
- A Price/Forward Earnings ratio of 25.08 indicates a quite expensive valuation of EIF.
- The rest of the industry has a similar Price/Forward Earnings ratio as EIF.
- When comparing the Price/Forward Earnings ratio of EIF to the average of the S&P500 Index (23.69), we can say EIF is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.49 | ||
| Fwd PE | 25.08 |
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 | 10.86 |
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 15.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.68
PEG (5Y)1.33
EPS Next 2Y19.35%
EPS Next 3Y15.71%
5. EIF.CA Dividend Analysis
5.1 Amount
- EIF has a Yearly Dividend Yield of 2.70%.
- EIF's Dividend Yield is rather good when compared to the industry average which is at 0.99. EIF pays more dividend than 100.00% of the companies in the same industry.
- EIF's Dividend Yield is a higher than the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
5.2 History
- The dividend of EIF has a limited annual growth rate of 3.03%.
- EIF has been paying a dividend for at least 10 years, so it has a reliable track record.
- EIF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.03%
Div Incr Years4
Div Non Decr Years21
5.3 Sustainability
- 83.49% 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.
DP83.49%
EPS Next 2Y19.35%
EPS Next 3Y15.71%
EIF.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:EIF (4/8/2026, 7:00:00 PM)
105
+2 (+1.94%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)02-24 2026-02-24/amc
Earnings (Next)05-11 2026-05-11
Inst Owners13.57%
Inst Owner ChangeN/A
Ins Owners5.57%
Ins Owner ChangeN/A
Market Cap5.91B
Revenue(TTM)3.28B
Net Income(TTM)167.52M
Analysts81.25
Price Target124.7 (18.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
Yearly Dividend2.65
Dividend Growth(5Y)3.03%
DP83.49%
Div Incr Years4
Div Non Decr Years21
Ex-Date03-31 2026-03-31 (0.23)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.76%
Min EPS beat(2)-6.96%
Max EPS beat(2)3.44%
EPS beat(4)1
Avg EPS beat(4)-4.17%
Min EPS beat(4)-10.57%
Max EPS beat(4)3.44%
EPS beat(8)2
Avg EPS beat(8)-4.1%
EPS beat(12)2
Avg EPS beat(12)-5.82%
EPS beat(16)5
Avg EPS beat(16)5.22%
Revenue beat(2)2
Avg Revenue beat(2)8.81%
Min Revenue beat(2)4.94%
Max Revenue beat(2)12.68%
Revenue beat(4)2
Avg Revenue beat(4)3.57%
Min Revenue beat(4)-2.71%
Max Revenue beat(4)12.68%
Revenue beat(8)2
Avg Revenue beat(8)-0.25%
Revenue beat(12)6
Avg Revenue beat(12)0.94%
Revenue beat(16)10
Avg Revenue beat(16)3.16%
PT rev (1m)18.02%
PT rev (3m)35.49%
EPS NQ rev (1m)0%
EPS NQ rev (3m)40.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.67%
Revenue NQ rev (1m)1.09%
Revenue NQ rev (3m)8.17%
Revenue NY rev (1m)0.45%
Revenue NY rev (3m)3.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.49 | ||
| Fwd PE | 25.08 | ||
| P/S | 1.8 | ||
| P/FCF | N/A | ||
| P/OCF | 9.12 | ||
| P/B | 3.36 | ||
| P/tB | 10.12 | ||
| EV/EBITDA | 10.86 |
EPS(TTM)3.56
EY3.39%
EPS(NY)4.19
Fwd EY3.99%
FCF(TTM)-1.46
FCFYN/A
OCF(TTM)11.52
OCFY10.97%
SpS58.27
BVpS31.24
TBVpS10.38
PEG (NY)1.68
PEG (5Y)1.33
Graham Number50.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.18% | ||
| ROE | 9.53% | ||
| ROCE | 8.29% | ||
| ROIC | 6.03% | ||
| ROICexc | 6.24% | ||
| ROICexgc | 8.57% | ||
| OM | 11.27% | ||
| PM (TTM) | 5.11% | ||
| GM | 36.52% | ||
| FCFM | N/A |
ROA(3y)2.94%
ROA(5y)2.91%
ROE(3y)9.32%
ROE(5y)9.46%
ROIC(3y)5.99%
ROIC(5y)5.75%
ROICexc(3y)6.16%
ROICexc(5y)5.94%
ROICexgc(3y)8.77%
ROICexgc(5y)8.6%
ROCE(3y)8.24%
ROCE(5y)7.89%
ROICexgc growth 3Y-1.83%
ROICexgc growth 5Y9.66%
ROICexc growth 3Y0.79%
ROICexc growth 5Y10.2%
OM growth 3Y-0.65%
OM growth 5Y4.97%
PM growth 3Y-1.36%
PM growth 5Y15.9%
GM growth 3Y1.89%
GM growth 5Y-1.67%
F-Score7
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.15 | ||
| Cap/Depr | 189.69% | ||
| Cap/Sales | 22.28% | ||
| Interest Coverage | 3.01 | ||
| Cash Conversion | 85.89% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 1.98 |
F-Score7
WACC8.59%
ROIC/WACC0.7
Cap/Depr(3y)179.32%
Cap/Depr(5y)170.95%
Cap/Sales(3y)20.32%
Cap/Sales(5y)19.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.68%
EPS 3Y5.52%
EPS 5Y22.13%
EPS Q2Q%30%
EPS Next Y17.58%
EPS Next 2Y19.35%
EPS Next 3Y15.71%
EPS Next 5Y11.6%
Revenue 1Y (TTM)23.22%
Revenue growth 3Y16.75%
Revenue growth 5Y23.31%
Sales Q2Q%35.17%
Revenue Next Year15.93%
Revenue Next 2Y11.39%
Revenue Next 3Y10%
Revenue Next 5Y10.45%
EBIT growth 1Y16.31%
EBIT growth 3Y15.99%
EBIT growth 5Y29.43%
EBIT Next Year127.65%
EBIT Next 3Y39.75%
EBIT Next 5Y32.55%
FCF growth 1Y38.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y81.49%
OCF growth 3Y24.58%
OCF growth 5Y20.04%
EXCHANGE INCOME CORP / EIF.CA Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for EXCHANGE INCOME CORP?
ChartMill assigns a fundamental rating of 6 / 10 to EIF.CA.
What is the valuation status for EIF stock?
ChartMill assigns a valuation rating of 3 / 10 to EXCHANGE INCOME CORP (EIF.CA). This can be considered as Overvalued.
What is the profitability of EIF stock?
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 4 / 10.
How sustainable is the dividend of EXCHANGE INCOME CORP (EIF.CA) stock?
The dividend rating of EXCHANGE INCOME CORP (EIF.CA) is 7 / 10 and the dividend payout ratio is 83.49%.