EXCHANGE INCOME CORP (EIF.CA) Fundamental Analysis & Valuation
TSX:EIF • CA3012831077
Current stock price
100.53 CAD
+0.48 (+0.48%)
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
- EIF had positive earnings in the past year.
- In the past year EIF had a positive cash flow from operations.
- 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
- Looking at the Return On Assets, with a value of 3.18%, EIF is doing worse than 60.00% of the companies in the same industry.
- EIF's Return On Equity of 9.53% is on the low side compared to the rest of the industry. EIF is outperformed by 60.00% of its industry peers.
- The Return On Invested Capital of EIF (6.03%) is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years 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
- Looking at the Profit Margin, with a value of 5.11%, EIF is doing worse than 60.00% of the companies in the same industry.
- 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.
- EIF's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 36.52%, EIF is doing worse than 80.00% of the companies in the same industry.
- In the last couple of years the Gross Margin of EIF has declined.
| 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
- EIF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, EIF has more shares outstanding
- EIF has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, EIF has an improved debt to assets ratio.
2.2 Solvency
- EIF has an Altman-Z score of 1.94. 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.
- The Altman-Z score of EIF (1.94) is better than 80.00% of its industry peers.
- EIF has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
- EIF has a Debt to Equity ratio of 1.35. This is comparable to the rest of the industry: EIF outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.94 |
ROIC/WACC0.73
WACC8.26%
2.3 Liquidity
- A Current Ratio of 1.71 indicates that EIF should not have too much problems paying its short term obligations.
- EIF has a better Current ratio (1.71) than 100.00% of its industry peers.
- A Quick Ratio of 1.07 indicates that EIF should not have too much problems paying its short term obligations.
- The Quick ratio of EIF (1.07) is better than 100.00% 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.
- The Earnings Per Share has been growing by 22.13% on average over the past years. This is a very strong growth
- EIF shows a strong growth in Revenue. In the last year, 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
- Based on estimates for the next years, EIF will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.67% on average per year.
- EIF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.62% yearly.
EPS Next Y16.04%
EPS Next 2Y18.7%
EPS Next 3Y15.64%
EPS Next 5Y12.67%
Revenue Next Year16.06%
Revenue Next 2Y11.39%
Revenue Next 3Y10%
Revenue Next 5Y5.62%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. EIF.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 28.24, the valuation of EIF can be described as expensive.
- EIF's Price/Earnings is on the same level as the industry average.
- EIF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.64.
- The Price/Forward Earnings ratio is 24.34, which indicates a rather expensive current valuation of EIF.
- Based on the Price/Forward Earnings ratio, EIF is valued a bit more expensive than 60.00% of the companies in the same industry.
- EIF is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.36, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.24 | ||
| Fwd PE | 24.34 |
4.2 Price Multiples
- 60.00% of the companies in the same industry are cheaper than EIF, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.54 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- EIF's earnings are expected to grow with 15.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.76
PEG (5Y)1.28
EPS Next 2Y18.7%
EPS Next 3Y15.64%
5. EIF.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 2.76%, EIF has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.17, EIF pays a better dividend. On top of this EIF pays more dividend than 100.00% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.80, EIF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
5.2 History
- The dividend of EIF has a limited annual growth rate of 3.03%.
- 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)3.03%
Div Incr Years4
Div Non Decr Years21
5.3 Sustainability
- EIF pays out 83.49% 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.
DP83.49%
EPS Next 2Y18.7%
EPS Next 3Y15.64%
EIF.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:EIF (5/1/2026, 7:00:00 PM)
100.53
+0.48 (+0.48%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Industry Strength63.78
Industry Growth71.64
Earnings (Last)02-24 2026-02-24/amc
Earnings (Next)05-11 2026-05-11
Inst Owners13.72%
Inst Owner ChangeN/A
Ins Owners5.56%
Ins Owner ChangeN/A
Market Cap5.66B
Revenue(TTM)3.28B
Net Income(TTM)167.52M
Analysts81.25
Price Target125.8 (25.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
Yearly Dividend2.65
Dividend Growth(5Y)3.03%
DP83.49%
Div Incr Years4
Div Non Decr Years21
Ex-Date04-30 2026-04-30 (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)0.89%
PT rev (3m)33.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)35.94%
EPS NY rev (1m)-1.32%
EPS NY rev (3m)-1.7%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)9.14%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)3.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.24 | ||
| Fwd PE | 24.34 | ||
| P/S | 1.73 | ||
| P/FCF | N/A | ||
| P/OCF | 8.74 | ||
| P/B | 3.22 | ||
| P/tB | 9.7 | ||
| EV/EBITDA | 10.54 |
EPS(TTM)3.56
EY3.54%
EPS(NY)4.13
Fwd EY4.11%
FCF(TTM)-1.46
FCFYN/A
OCF(TTM)11.5
OCFY11.44%
SpS58.18
BVpS31.2
TBVpS10.36
PEG (NY)1.76
PEG (5Y)1.28
Graham Number49.9897 (-50.27%)
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 | 1.94 |
F-Score7
WACC8.26%
ROIC/WACC0.73
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 Y16.04%
EPS Next 2Y18.7%
EPS Next 3Y15.64%
EPS Next 5Y12.67%
Revenue 1Y (TTM)23.22%
Revenue growth 3Y16.75%
Revenue growth 5Y23.31%
Sales Q2Q%35.17%
Revenue Next Year16.06%
Revenue Next 2Y11.39%
Revenue Next 3Y10%
Revenue Next 5Y5.62%
EBIT growth 1Y16.31%
EBIT growth 3Y15.99%
EBIT growth 5Y29.43%
EBIT Next Year127.55%
EBIT Next 3Y39.09%
EBIT Next 5Y22.13%
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 5 / 10 to EIF.CA.
What is the valuation status for EIF stock?
ChartMill assigns a valuation rating of 1 / 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 5 / 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%.