CI FINANCIAL CORP (CIX.CA) Stock Fundamental Analysis
TSX:CIX - Toronto Stock Exchange - CA1254911003 - Common Stock - Currency: CAD
CIX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 82 industry peers in the Capital Markets industry. There are concerns on the financial health of CIX while its profitability can be described as average. CIX scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year CIX was profitable.
CIX had a positive operating cash flow in the past year.
CIX had positive earnings in 4 of the past 5 years.
CIX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CIX has a worse Return On Assets (-2.35%) than 79.27% of its industry peers.
The Return On Equity of CIX (-65.67%) is worse than 84.15% of its industry peers.
CIX has a better Return On Invested Capital (8.17%) than 82.93% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CIX is in line with the industry average of 7.88%.
The 3 year average ROIC (7.66%) for CIX is below the current ROIC(8.17%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.35% | ||
| ROE | -65.67% | ||
| ROIC | 8.17% |
ROA(3y)-0.23%
ROA(5y)2.31%
ROE(3y)-27.12%
ROE(5y)-5.1%
ROIC(3y)7.66%
ROIC(5y)8.88%
1.3 Margins
The Operating Margin of CIX (16.80%) is comparable to the rest of the industry.
CIX's Operating Margin has declined in the last couple of years.
The Gross Margin of CIX (82.61%) is better than 81.71% of its industry peers.
In the last couple of years the Gross Margin of CIX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.8% | ||
| PM (TTM) | N/A | ||
| GM | 82.61% |
OM growth 3Y-26.25%
OM growth 5Y-17.67%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.37%
GM growth 5Y-1.76%
2. Health
2.1 Basic Checks
Compared to 1 year ago, CIX has less shares outstanding
CIX has less shares outstanding than it did 5 years ago.
CIX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.03, we must say that CIX is in the distress zone and has some risk of bankruptcy.
CIX's Altman-Z score of 0.03 is in line compared to the rest of the industry. CIX outperforms 48.78% of its industry peers.
The Debt to FCF ratio of CIX is 9.06, which is on the high side as it means it would take CIX, 9.06 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.06, CIX is in line with its industry, outperforming 59.76% of the companies in the same industry.
CIX has a Debt/Equity ratio of 8.69. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 8.69, CIX is not doing good in the industry: 89.02% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.69 | ||
| Debt/FCF | 9.06 | ||
| Altman-Z | 0.03 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CIX has a Current Ratio of 0.29. This is a bad value and indicates that CIX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CIX (0.29) is worse than 82.93% of its industry peers.
CIX has a Quick Ratio of 0.29. This is a bad value and indicates that CIX is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.29, CIX is doing worse than 82.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
CIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.06%, which is quite impressive.
CIX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.48% yearly.
CIX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.26%.
Measured over the past years, CIX shows a small growth in Revenue. The Revenue has been growing by 6.96% on average per year.
EPS 1Y (TTM)20.06%
EPS 3Y6.7%
EPS 5Y9.48%
EPS Q2Q%11.63%
Revenue 1Y (TTM)14.26%
Revenue growth 3Y11.06%
Revenue growth 5Y6.96%
Sales Q2Q%22%
3.2 Future
CIX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.57% yearly.
The Revenue is expected to grow by 3.37% on average over the next years.
EPS Next Y11.35%
EPS Next 2Y10.02%
EPS Next 3Y4.73%
EPS Next 5Y5.57%
Revenue Next Year0.52%
Revenue Next 2Y1.02%
Revenue Next 3Y-3.24%
Revenue Next 5Y3.37%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.15, the valuation of CIX can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of CIX is on the same level as its industry peers.
When comparing the Price/Earnings ratio of CIX to the average of the S&P500 Index (27.18), we can say CIX is valued rather cheaply.
A Price/Forward Earnings ratio of 6.91 indicates a rather cheap valuation of CIX.
Based on the Price/Forward Earnings ratio, CIX is valued a bit cheaper than 70.73% of the companies in the same industry.
CIX is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.34, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 6.91 |
4.2 Price Multiples
CIX's Enterprise Value to EBITDA is on the same level as the industry average.
81.71% of the companies in the same industry are more expensive than CIX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.96 | ||
| EV/EBITDA | 11.67 |
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.
PEG (NY)0.72
PEG (5Y)0.86
EPS Next 2Y10.02%
EPS Next 3Y4.73%
5. Dividend
5.1 Amount
CIX has a Yearly Dividend Yield of 2.52%. Purely for dividend investing, there may be better candidates out there.
CIX's Dividend Yield is comparable with the industry average which is at 5.35.
CIX's Dividend Yield is comparable with the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
5.2 History
The dividend of CIX has a limited annual growth rate of 1.95%.
CIX has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CIX decreased recently.
Dividend Growth(5Y)1.95%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of CIX are negative and hence is the payout ratio. CIX will probably not be able to sustain this dividend level.
The dividend of CIX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-44.37%
EPS Next 2Y10.02%
EPS Next 3Y4.73%
TSX:CIX (7/14/2025, 7:00:00 PM)
31.71
+0.03 (+0.09%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners14.23%
Inst Owner ChangeN/A
Ins Owners16.8%
Ins Owner ChangeN/A
Market Cap4.57B
Analysts46
Price Target31.11 (-1.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
Yearly Dividend0.81
Dividend Growth(5Y)1.95%
DP-44.37%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.66%
Min EPS beat(2)-2.01%
Max EPS beat(2)9.32%
EPS beat(4)3
Avg EPS beat(4)4.85%
Min EPS beat(4)-2.01%
Max EPS beat(4)9.32%
EPS beat(8)5
Avg EPS beat(8)1.91%
EPS beat(12)6
Avg EPS beat(12)1.88%
EPS beat(16)8
Avg EPS beat(16)1.24%
Revenue beat(2)1
Avg Revenue beat(2)-6.74%
Min Revenue beat(2)-14.02%
Max Revenue beat(2)0.53%
Revenue beat(4)3
Avg Revenue beat(4)6.33%
Min Revenue beat(4)-14.02%
Max Revenue beat(4)34.74%
Revenue beat(8)5
Avg Revenue beat(8)3.41%
Revenue beat(12)8
Avg Revenue beat(12)2.47%
Revenue beat(16)8
Avg Revenue beat(16)-2.32%
PT rev (1m)-0.81%
PT rev (3m)-0.81%
EPS NQ rev (1m)-2.34%
EPS NQ rev (3m)-7.66%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 6.91 | ||
| P/S | 1.49 | ||
| P/FCF | 8.96 | ||
| P/OCF | 7.76 | ||
| P/B | 11.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.67 |
EPS(TTM)3.89
EY12.27%
EPS(NY)4.59
Fwd EY14.47%
FCF(TTM)3.54
FCFY11.16%
OCF(TTM)4.09
OCFY12.89%
SpS21.27
BVpS2.8
TBVpS-55.37
PEG (NY)0.72
PEG (5Y)0.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.35% | ||
| ROE | -65.67% | ||
| ROCE | 11.35% | ||
| ROIC | 8.17% | ||
| ROICexc | 8.53% | ||
| ROICexgc | N/A | ||
| OM | 16.8% | ||
| PM (TTM) | N/A | ||
| GM | 82.61% | ||
| FCFM | 16.64% |
ROA(3y)-0.23%
ROA(5y)2.31%
ROE(3y)-27.12%
ROE(5y)-5.1%
ROIC(3y)7.66%
ROIC(5y)8.88%
ROICexc(3y)7.95%
ROICexc(5y)9.56%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10.64%
ROCE(5y)12.33%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-10.17%
ROICexc growth 5Y-18.16%
OM growth 3Y-26.25%
OM growth 5Y-17.67%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.37%
GM growth 5Y-1.76%
F-Score4
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.69 | ||
| Debt/FCF | 9.06 | ||
| Debt/EBITDA | 4.57 | ||
| Cap/Depr | 31.42% | ||
| Cap/Sales | 2.58% | ||
| Interest Coverage | 2.36 | ||
| Cash Conversion | 76.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | 0.03 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)29.4%
Cap/Depr(5y)35.19%
Cap/Sales(3y)2.17%
Cap/Sales(5y)1.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.06%
EPS 3Y6.7%
EPS 5Y9.48%
EPS Q2Q%11.63%
EPS Next Y11.35%
EPS Next 2Y10.02%
EPS Next 3Y4.73%
EPS Next 5Y5.57%
Revenue 1Y (TTM)14.26%
Revenue growth 3Y11.06%
Revenue growth 5Y6.96%
Sales Q2Q%22%
Revenue Next Year0.52%
Revenue Next 2Y1.02%
Revenue Next 3Y-3.24%
Revenue Next 5Y3.37%
EBIT growth 1Y13.56%
EBIT growth 3Y-18.1%
EBIT growth 5Y-11.94%
EBIT Next Year64.14%
EBIT Next 3Y7.37%
EBIT Next 5Y18.28%
FCF growth 1Y18.35%
FCF growth 3Y-10.64%
FCF growth 5Y-3.17%
OCF growth 1Y26.14%
OCF growth 3Y-5.55%
OCF growth 5Y0.11%