EXCHANGE INCOME CORP (EIF.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:EIF • CA3012831077
98.26 CAD
+3.26 (+3.43%)
Last: Feb 2, 2026, 07:00 PM
Overall EIF gets a fundamental rating of 5 out of 10. We evaluated EIF against 6 industry peers in the Passenger Airlines industry. EIF has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, EIF is valued expensive at the moment. EIF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- EIF had positive earnings in the past year.
- EIF had a positive operating cash flow in the past year.
- EIF had positive earnings in each of the past 5 years.
- In the past 5 years EIF always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of EIF (2.75%) is better than 83.33% of its industry peers.
- With an excellent Return On Equity value of 8.76%, EIF belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- EIF's Return On Invested Capital of 5.80% is fine compared to the rest of the industry. EIF outperforms 66.67% of its industry peers.
- EIF had an Average Return On Invested Capital over the past 3 years of 5.98%. This is in line with the industry average of 4.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 8.76% | ||
| ROIC | 5.8% |
ROA(3y)2.91%
ROA(5y)2.52%
ROE(3y)9.73%
ROE(5y)8.37%
ROIC(3y)5.98%
ROIC(5y)5.34%
1.3 Margins
- EIF has a Profit Margin of 4.75%. This is amongst the best in the industry. EIF outperforms 83.33% of its industry peers.
- EIF's Profit Margin has declined in the last couple of years.
- EIF has a Operating Margin of 11.47%. This is amongst the best in the industry. EIF outperforms 100.00% of its industry peers.
- EIF's Operating Margin has been stable in the last couple of years.
- With a Gross Margin value of 36.67%, EIF is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
- EIF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.47% | ||
| PM (TTM) | 4.75% | ||
| GM | 36.67% |
OM growth 3Y5.55%
OM growth 5Y0.17%
PM growth 3Y-2.07%
PM growth 5Y-6.07%
GM growth 3Y-0.42%
GM growth 5Y-1.74%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EIF is destroying value.
- Compared to 1 year ago, EIF has more shares outstanding
- Compared to 5 years ago, EIF has more shares outstanding
- The debt/assets ratio for EIF is higher compared to a year ago.
2.2 Solvency
- EIF has an Altman-Z score of 1.82. 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.
- EIF's Altman-Z score of 1.82 is fine compared to the rest of the industry. EIF outperforms 66.67% of its industry peers.
- A Debt/Equity ratio of 1.50 is on the high side and indicates that EIF has dependencies on debt financing.
- EIF has a Debt to Equity ratio (1.50) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.82 |
ROIC/WACC0.67
WACC8.64%
2.3 Liquidity
- A Current Ratio of 1.79 indicates that EIF should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.79, EIF belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- EIF has a Quick Ratio of 1.14. This is a normal value and indicates that EIF is financially healthy and should not expect problems in meeting its short term obligations.
- EIF's Quick ratio of 1.14 is amongst the best of the industry. EIF outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
- EIF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.68%, which is quite good.
- The Earnings Per Share has been decreasing by -0.27% on average over the past years.
- The Revenue has grown by 15.47% in the past year. This is quite good.
- Measured over the past years, EIF shows a quite strong growth in Revenue. The Revenue has been growing by 14.67% on average per year.
EPS 1Y (TTM)15.68%
EPS 3Y9.61%
EPS 5Y-0.27%
EPS Q2Q%15.25%
Revenue 1Y (TTM)15.47%
Revenue growth 3Y23.47%
Revenue growth 5Y14.67%
Sales Q2Q%35.2%
3.2 Future
- EIF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.12% yearly.
- Based on estimates for the next years, EIF will show a quite strong growth in Revenue. The Revenue will grow by 14.29% on average per year.
EPS Next Y21.44%
EPS Next 2Y19.35%
EPS Next 3Y18.81%
EPS Next 5Y19.12%
Revenue Next Year20.1%
Revenue Next 2Y16.05%
Revenue Next 3Y12.76%
Revenue Next 5Y14.29%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 29.60 indicates a quite expensive valuation of EIF.
- 66.67% of the companies in the same industry are more expensive than EIF, based on the Price/Earnings ratio.
- EIF is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
- EIF is valuated rather expensively with a Price/Forward Earnings ratio of 23.38.
- Based on the Price/Forward Earnings ratio, EIF is valued a bit cheaper than 66.67% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.51, EIF is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.6 | ||
| Fwd PE | 23.38 |
4.2 Price Multiples
- EIF's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.02 |
4.3 Compensation for Growth
- EIF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- EIF has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as EIF's earnings are expected to grow with 18.81% in the coming years.
PEG (NY)1.38
PEG (5Y)N/A
EPS Next 2Y19.35%
EPS Next 3Y18.81%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.87%, EIF has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.97, 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 1.83, EIF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.87% |
5.2 History
- The dividend of EIF has a limited annual growth rate of 3.39%.
- 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)3.39%
Div Incr Years3
Div Non Decr Years20
5.3 Sustainability
- EIF pays out 93.13% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of EIF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP93.13%
EPS Next 2Y19.35%
EPS Next 3Y18.81%
TSX:EIF (2/2/2026, 7:00:00 PM)
98.26
+3.26 (+3.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-24 2026-02-24
Inst Owners12.04%
Inst Owner ChangeN/A
Ins Owners5.76%
Ins Owner ChangeN/A
Market Cap5.34B
Revenue(TTM)3.04B
Net Income(TTM)144.13M
Analysts81.18
Price Target94.39 (-3.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.87% |
Yearly Dividend2.6
Dividend Growth(5Y)3.39%
DP93.13%
Div Incr Years3
Div Non Decr Years20
Ex-Date01-30 2026-01-30 (0.23)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.78%
Min EPS beat(2)-6.96%
Max EPS beat(2)-2.6%
EPS beat(4)0
Avg EPS beat(4)-6.21%
Min EPS beat(4)-10.57%
Max EPS beat(4)-2.6%
EPS beat(8)1
Avg EPS beat(8)-4.82%
EPS beat(12)1
Avg EPS beat(12)-6.18%
EPS beat(16)5
Avg EPS beat(16)6.58%
Revenue beat(2)1
Avg Revenue beat(2)4.99%
Min Revenue beat(2)-2.71%
Max Revenue beat(2)12.68%
Revenue beat(4)1
Avg Revenue beat(4)1.25%
Min Revenue beat(4)-4.33%
Max Revenue beat(4)12.68%
Revenue beat(8)2
Avg Revenue beat(8)-0.82%
Revenue beat(12)6
Avg Revenue beat(12)0.82%
Revenue beat(16)10
Avg Revenue beat(16)3.03%
PT rev (1m)2.56%
PT rev (3m)12.33%
EPS NQ rev (1m)-1.32%
EPS NQ rev (3m)-12.9%
EPS NY rev (1m)-0.52%
EPS NY rev (3m)-6.32%
Revenue NQ rev (1m)0.73%
Revenue NQ rev (3m)5.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.6 | ||
| Fwd PE | 23.38 | ||
| P/S | 1.76 | ||
| P/FCF | N/A | ||
| P/OCF | 10.51 | ||
| P/B | 3.25 | ||
| P/tB | 11.54 | ||
| EV/EBITDA | 11.02 |
EPS(TTM)3.32
EY3.38%
EPS(NY)4.2
Fwd EY4.28%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)9.34
OCFY9.51%
SpS55.83
BVpS30.25
TBVpS8.51
PEG (NY)1.38
PEG (5Y)N/A
Graham Number47.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 8.76% | ||
| ROCE | 7.88% | ||
| ROIC | 5.8% | ||
| ROICexc | 5.91% | ||
| ROICexgc | 8.12% | ||
| OM | 11.47% | ||
| PM (TTM) | 4.75% | ||
| GM | 36.67% | ||
| FCFM | N/A |
ROA(3y)2.91%
ROA(5y)2.52%
ROE(3y)9.73%
ROE(5y)8.37%
ROIC(3y)5.98%
ROIC(5y)5.34%
ROICexc(3y)6.18%
ROICexc(5y)5.52%
ROICexgc(3y)9.03%
ROICexgc(5y)8.05%
ROCE(3y)8.13%
ROCE(5y)7.25%
ROICexgc growth 3Y4.16%
ROICexgc growth 5Y1.41%
ROICexc growth 3Y5.19%
ROICexc growth 5Y0.27%
OM growth 3Y5.55%
OM growth 5Y0.17%
PM growth 3Y-2.07%
PM growth 5Y-6.07%
GM growth 3Y-0.42%
GM growth 5Y-1.74%
F-Score6
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.51 | ||
| Cap/Depr | 158.77% | ||
| Cap/Sales | 18.66% | ||
| Interest Coverage | 2.8 | ||
| Cash Conversion | 72.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.82 |
F-Score6
WACC8.64%
ROIC/WACC0.67
Cap/Depr(3y)171.71%
Cap/Depr(5y)149%
Cap/Sales(3y)18.83%
Cap/Sales(5y)17.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.68%
EPS 3Y9.61%
EPS 5Y-0.27%
EPS Q2Q%15.25%
EPS Next Y21.44%
EPS Next 2Y19.35%
EPS Next 3Y18.81%
EPS Next 5Y19.12%
Revenue 1Y (TTM)15.47%
Revenue growth 3Y23.47%
Revenue growth 5Y14.67%
Sales Q2Q%35.2%
Revenue Next Year20.1%
Revenue Next 2Y16.05%
Revenue Next 3Y12.76%
Revenue Next 5Y14.29%
EBIT growth 1Y14.04%
EBIT growth 3Y30.33%
EBIT growth 5Y14.87%
EBIT Next Year109.31%
EBIT Next 3Y37.98%
EBIT Next 5Y28.97%
FCF growth 1Y38.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y43.83%
OCF growth 3Y7.79%
OCF growth 5Y10.45%
EXCHANGE INCOME CORP / EIF.CA 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 3 / 10 to EXCHANGE INCOME CORP (EIF.CA). This can be considered as Overvalued.
Can you provide the profitability details for EXCHANGE INCOME CORP?
EXCHANGE INCOME CORP (EIF.CA) has a profitability rating of 6 / 10.
What are the PE and PB ratios of EXCHANGE INCOME CORP (EIF.CA) stock?
The Price/Earnings (PE) ratio for EXCHANGE INCOME CORP (EIF.CA) is 29.6 and the Price/Book (PB) ratio is 3.25.
How financially healthy is EXCHANGE INCOME CORP?
The financial health rating of EXCHANGE INCOME CORP (EIF.CA) is 3 / 10.