CI FINANCIAL CORP (CIXX)
CA1254911003 - Common Stock
Overall CIXX gets a fundamental rating of 4 out of 10. We evaluated CIXX against 210 industry peers in the Capital Markets industry. While CIXX is still in line with the averages on profitability rating, there are concerns on its financial health. CIXX has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year CIXX was profitable.
CIXX had a positive operating cash flow in the past year.
CIXX had positive earnings in each of the past 5 years.
Each year in the past 5 years CIXX had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.66%, CIXX is in the better half of the industry, outperforming 70.19% of the companies in the same industry.
The Return On Equity of CIXX (26.09%) is better than 87.98% of its industry peers.
The Return On Invested Capital of CIXX (10.69%) is better than 82.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.66% | ||
| ROE | 26.09% | ||
| ROIC | 10.69% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CIXX has a Profit Margin (16.80%) which is comparable to the rest of the industry.
CIXX's Profit Margin has declined in the last couple of years.
CIXX has a Operating Margin (34.82%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CIXX has declined.
CIXX has a better Gross Margin (83.80%) than 82.21% of its industry peers.
In the last couple of years the Gross Margin of CIXX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.82% | ||
| PM (TTM) | 16.8% | ||
| GM | 83.8% |
OM growth 3Y-11.59%
OM growth 5Y-5.44%
PM growth 3Y-18.39%
PM growth 5Y-10.28%
GM growth 3Y-3.18%
GM growth 5Y-2%
2. Health
2.1 Basic Checks
Compared to 1 year ago, CIXX has less shares outstanding
CIXX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.63, we must say that CIXX is in the distress zone and has some risk of bankruptcy.
CIXX has a Altman-Z score (0.63) which is comparable to the rest of the industry.
CIXX has a debt to FCF ratio of 7.37. This is a slightly negative value and a sign of low solvency as CIXX would need 7.37 years to pay back of all of its debts.
CIXX has a better Debt to FCF ratio (7.37) than 68.75% of its industry peers.
A Debt/Equity ratio of 2.23 is on the high side and indicates that CIXX has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.23, CIXX is doing worse than 82.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.23 | ||
| Debt/FCF | 7.37 | ||
| Altman-Z | 0.63 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.60 indicates that CIXX may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.60, CIXX is doing worse than 70.19% of the companies in the same industry.
A Quick Ratio of 0.60 indicates that CIXX may have some problems paying its short term obligations.
CIXX has a worse Quick ratio (0.60) than 70.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.12% over the past year.
The Earnings Per Share has been growing by 9.63% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.79% in the past year.
CIXX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.96% yearly.
EPS 1Y (TTM)9.12%
EPS 3Y9.29%
EPS 5Y9.63%
EPS growth Q2Q-7.59%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y6.83%
Revenue growth 5Y6.96%
Revenue growth Q2Q3.19%
3.2 Future
Based on estimates for the next years, CIXX will show a small growth in Earnings Per Share. The EPS will grow by 2.42% on average per year.
The Revenue is expected to decrease by -2.04% on average over the next years.
EPS Next Y0.39%
EPS Next 2Y3.16%
EPS Next 3Y4.47%
EPS Next 5Y2.42%
Revenue Next Year-16.51%
Revenue Next 2Y-6.07%
Revenue Next 3Y-1.83%
Revenue Next 5Y-2.04%
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 4.72, the valuation of CIXX can be described as very cheap.
Based on the Price/Earnings ratio, CIXX is valued cheaply inside the industry as 95.19% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.28, CIXX is valued rather cheaply.
The Price/Forward Earnings ratio is 4.58, which indicates a rather cheap valuation of CIXX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CIXX indicates a rather cheap valuation: CIXX is cheaper than 96.15% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CIXX to the average of the S&P500 Index (20.88), we can say CIXX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.72 | ||
| Fwd PE | 4.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CIXX is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CIXX indicates a rather cheap valuation: CIXX is cheaper than 86.54% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.99 | ||
| EV/EBITDA | 6.36 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CIXX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)12.01
PEG (5Y)0.49
EPS Next 2Y3.16%
EPS Next 3Y4.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.53%, CIXX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.28, CIXX has a dividend in line with its industry peers.
CIXX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
5.2 History
The dividend of CIXX decreases each year by -16.52%.
CIXX has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)-16.52%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
CIXX pays out 32.44% of its income as dividend. This is a sustainable payout ratio.
DP32.44%
EPS Next 2Y3.16%
EPS Next 3Y4.47%
CI FINANCIAL CORP
NYSE:CIXX (1/19/2023, 7:14:15 PM)
After market: 11.35 -0.07 (-0.61%)11.42
-0.08 (-0.7%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.10B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.72 | ||
| Fwd PE | 4.58 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)12.01
PEG (5Y)0.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.66% | ||
| ROE | 26.09% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 34.82% | ||
| PM (TTM) | 16.8% | ||
| GM | 83.8% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.23 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)9.12%
EPS 3Y9.29%
EPS 5Y
EPS growth Q2Q
EPS Next Y0.39%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.79%
Revenue growth 3Y6.83%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y