ducovest

EIF:CA:TSX-Exchange Income Corporation

EQUITY | Airlines | Toronto Stock Exchange

Last Closing

CAD 33.86

Change

0.00 (0.00)%

Market Cap

CAD 1.24B

Volume

0.06M

Analyst Target

CAD 44.25
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Exchange Income Corp is engaged in aviation and manufacturing businesses. It provides scheduled & online chartered services and manufactures stainless steel tanks.

Company Website : http://www.exchangeincomecorp.ca

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2018-09-23 )

Largest Industry Peers for Airlines

Symbol Name Price(Change) Market Cap
AC:CA Air Canada

+0.04 (+0.20%)

 CAD 7.14B

ETFs Containing EIF:CA

CDZ.A:CA 0.00 % 1.49 %

N/A

 N/A
HAL Halliburton Company 0.00 % 1.64 %

-0.18 (-0.46%)

 USD 36.56B

Market Performance

  Market Performance vs. Industry/Classification (Airlines) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.99% 75% C 38% F
Dividend Return 4.05% 100% F 84% B
Total Return -0.94% 75% C 42% F
Trailing 12 Months  
Capital Gain 0.27% 75% C 55% F
Dividend Return 6.35% 100% F 88% B+
Total Return 6.62% 100% F 63% D
Trailing 5 Years  
Capital Gain 35.71% 50% F 73% C
Dividend Return 37.83% 67% D+ 92% A
Total Return 73.54% 50% F 79% B-
Average Annual (5 Year Horizon)  
Capital Gain 15.10% 50% F 82% B
Dividend Return 22.43% 50% F 88% B+
Total Return 7.33% 100% F 94% A
Risk Return Profile  
Volatility (Standard Deviation) 25.86% 50% F 33% F
Risk Adjusted Return 86.74% 50% F 77% C+
Market Capitalization 1.24B 25% F 81% B-

Key Financial Ratios

  Ratio vs. Industry/Classification (Airlines) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 20.70 25% 25%
Price/Book Ratio 1.82 75% 27%
Price / Cash Flow Ratio 2.44 25% 27%
Price/Free Cash Flow Ratio -15.97 100% 88%
Management Effectiveness  
Return on Equity 11.94% 50% 70%
Return on Invested Capital 9.78% 25% 65%
Return on Assets 3.92% 50% 69%
Debt to Equity Ratio 147.00% 75% 23%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.