CANACCORD GENUITY GROUP INC (CF.CA) Stock Fundamental Analysis
TSX:CF - Toronto Stock Exchange - CA1348011091 - Common Stock - Currency: CAD
CF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 78 industry peers in the Capital Markets industry. While CF seems to be doing ok healthwise, there are quite some concerns on its profitability. CF scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally CF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CF was profitable.
CF had a positive operating cash flow in the past year.
In multiple years CF reported negative net income over the last 5 years.
In multiple years CF reported negative operating cash flow during the last 5 years.
1.2 Ratios
CF's Return On Assets of -0.79% is on the low side compared to the rest of the industry. CF is outperformed by 71.79% of its industry peers.
With a Return On Equity value of -4.44%, CF is not doing good in the industry: 75.64% of the companies in the same industry are doing better.
The Return On Invested Capital of CF (4.34%) is better than 71.79% of its industry peers.
CF had an Average Return On Invested Capital over the past 3 years of 6.81%. This is in line with the industry average of 8.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.79% | ||
| ROE | -4.44% | ||
| ROIC | 4.34% |
ROA(3y)0.42%
ROA(5y)1.09%
ROE(3y)2.68%
ROE(5y)7.29%
ROIC(3y)6.81%
ROIC(5y)8.48%
1.3 Margins
CF's Operating Margin of 12.94% is on the low side compared to the rest of the industry. CF is outperformed by 62.82% of its industry peers.
In the last couple of years the Operating Margin of CF has grown nicely.
CF's Gross Margin of 94.56% is amongst the best of the industry. CF outperforms 88.46% of its industry peers.
In the last couple of years the Gross Margin of CF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.94% | ||
| PM (TTM) | N/A | ||
| GM | 94.56% |
OM growth 3Y-12.31%
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.13%
GM growth 5Y0.28%
2. Health
2.1 Basic Checks
Compared to 1 year ago, CF has more shares outstanding
The number of shares outstanding for CF has been reduced compared to 5 years ago.
CF has a worse debt/assets ratio than last year.
2.2 Solvency
CF has an Altman-Z score of 0.72. This is a bad value and indicates that CF is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.72, CF is in the better half of the industry, outperforming 60.26% of the companies in the same industry.
CF has a debt to FCF ratio of 1.84. This is a very positive value and a sign of high solvency as it would only need 1.84 years to pay back of all of its debts.
CF's Debt to FCF ratio of 1.84 is fine compared to the rest of the industry. CF outperforms 78.21% of its industry peers.
CF has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
CF has a Debt to Equity ratio of 1.15. This is comparable to the rest of the industry: CF outperforms 44.87% of its industry peers.
Although CF does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 1.84 | ||
| Altman-Z | 0.72 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.23 indicates that CF should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.23, CF is in line with its industry, outperforming 58.97% of the companies in the same industry.
CF has a Quick Ratio of 1.23. This is a normal value and indicates that CF is financially healthy and should not expect problems in meeting its short term obligations.
CF's Quick ratio of 1.23 is in line compared to the rest of the industry. CF outperforms 58.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 91.18% over the past year.
Measured over the past years, CF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.52% on average per year.
The Revenue has grown by 14.45% in the past year. This is quite good.
Measured over the past years, CF shows a small growth in Revenue. The Revenue has been growing by 4.43% on average per year.
EPS 1Y (TTM)91.18%
EPS 3Y-43.67%
EPS 5Y-12.52%
EPS Q2Q%-15%
Revenue 1Y (TTM)14.45%
Revenue growth 3Y-9.69%
Revenue growth 5Y4.43%
Sales Q2Q%15.9%
3.2 Future
Based on estimates for the next years, CF will show a very strong growth in Earnings Per Share. The EPS will grow by 39.21% on average per year.
The Revenue is expected to grow by 11.72% on average over the next years. This is quite good.
EPS Next Y63.08%
EPS Next 2Y57.12%
EPS Next 3Y39.21%
EPS Next 5YN/A
Revenue Next Year18.86%
Revenue Next 2Y15.78%
Revenue Next 3Y11.72%
Revenue Next 5YN/A
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.00, the valuation of CF can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of CF is on the same level as its industry peers.
CF's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.88.
The Price/Forward Earnings ratio is 8.15, which indicates a very decent valuation of CF.
66.67% of the companies in the same industry are more expensive than CF, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.20, CF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 8.15 |
4.2 Price Multiples
98.72% of the companies in the same industry are more expensive than CF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.4 | ||
| EV/EBITDA | -2.45 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CF's earnings are expected to grow with 39.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y57.12%
EPS Next 3Y39.21%
5. Dividend
5.1 Amount
CF has a Yearly Dividend Yield of 4.09%, which is a nice return.
CF's Dividend Yield is a higher than the industry average which is at 3.57.
Compared to an average S&P500 Dividend Yield of 2.45, CF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
5.2 History
The dividend of CF is nicely growing with an annual growth rate of 22.53%!
CF has paid a dividend for at least 10 years, which is a reliable track record.
CF has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)22.53%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
The earnings of CF are negative and hence is the payout ratio. CF will probably not be able to sustain this dividend level.
The dividend of CF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-158.78%
EPS Next 2Y57.12%
EPS Next 3Y39.21%
TSX:CF (4/30/2025, 7:00:00 PM)
8.45
+0.05 (+0.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners10.98%
Inst Owner ChangeN/A
Ins Owners4.54%
Ins Owner ChangeN/A
Market Cap866.38M
Analysts83.64
Price Target11.65 (37.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
Yearly Dividend0.75
Dividend Growth(5Y)22.53%
DP-158.78%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-21.48%
Min EPS beat(2)-31.23%
Max EPS beat(2)-11.74%
EPS beat(4)0
Avg EPS beat(4)-25.79%
Min EPS beat(4)-38.93%
Max EPS beat(4)-11.74%
EPS beat(8)1
Avg EPS beat(8)-31.14%
EPS beat(12)3
Avg EPS beat(12)-25.07%
EPS beat(16)7
Avg EPS beat(16)-9.13%
Revenue beat(2)1
Avg Revenue beat(2)48111.6%
Min Revenue beat(2)-2.47%
Max Revenue beat(2)96225.8%
Revenue beat(4)2
Avg Revenue beat(4)48412.8%
Min Revenue beat(4)-5.44%
Max Revenue beat(4)97433.2%
Revenue beat(8)4
Avg Revenue beat(8)24204.3%
Revenue beat(12)5
Avg Revenue beat(12)16134.3%
Revenue beat(16)8
Avg Revenue beat(16)12102.7%
PT rev (1m)3.01%
PT rev (3m)-8.67%
EPS NQ rev (1m)-30.88%
EPS NQ rev (3m)-47.19%
EPS NY rev (1m)-8.9%
EPS NY rev (3m)-23.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 8.15 | ||
| P/S | 0.5 | ||
| P/FCF | 1.4 | ||
| P/OCF | 1.22 | ||
| P/B | 0.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | -2.45 |
EPS(TTM)0.65
EY7.69%
EPS(NY)1.04
Fwd EY12.27%
FCF(TTM)6.02
FCFY71.26%
OCF(TTM)6.92
OCFY81.91%
SpS16.75
BVpS9.41
TBVpS-0.12
PEG (NY)0.21
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.79% | ||
| ROE | -4.44% | ||
| ROCE | 10.1% | ||
| ROIC | 4.34% | ||
| ROICexc | 12.21% | ||
| ROICexgc | N/A | ||
| OM | 12.94% | ||
| PM (TTM) | N/A | ||
| GM | 94.56% | ||
| FCFM | 35.96% |
ROA(3y)0.42%
ROA(5y)1.09%
ROE(3y)2.68%
ROE(5y)7.29%
ROIC(3y)6.81%
ROIC(5y)8.48%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)13.72%
ROCE(5y)16.7%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-12.31%
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.13%
GM growth 5Y0.28%
F-Score4
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 1.84 | ||
| Debt/EBITDA | 3.75 | ||
| Cap/Depr | 124.26% | ||
| Cap/Sales | 5.37% | ||
| Interest Coverage | 1.79 | ||
| Cash Conversion | 239.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 0.72 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)36.01%
Cap/Depr(5y)26.69%
Cap/Sales(3y)1.44%
Cap/Sales(5y)1.04%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)91.18%
EPS 3Y-43.67%
EPS 5Y-12.52%
EPS Q2Q%-15%
EPS Next Y63.08%
EPS Next 2Y57.12%
EPS Next 3Y39.21%
EPS Next 5YN/A
Revenue 1Y (TTM)14.45%
Revenue growth 3Y-9.69%
Revenue growth 5Y4.43%
Sales Q2Q%15.9%
Revenue Next Year18.86%
Revenue Next 2Y15.78%
Revenue Next 3Y11.72%
Revenue Next 5YN/A
EBIT growth 1Y21.06%
EBIT growth 3Y-20.81%
EBIT growth 5Y7.28%
EBIT Next Year5.84%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y199.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y220.85%
OCF growth 3YN/A
OCF growth 5YN/A