EXCHANGE INCOME CORP (EIF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:EIF - CA3012831077 - Common Stock
76.63 CAD
-0.36 (-0.47%)
EIF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 7 industry peers in the Passenger Airlines industry. While EIF has a great profitability rating, there are quite some concerns on its financial health. EIF has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year EIF was profitable.
In the past year EIF had a positive cash flow from operations.
In the past 5 years EIF has always been profitable.
In the past 5 years EIF always reported a positive cash flow from operatings.
1.2 Ratios
EIF's Return On Assets of 2.75% is amongst the best of the industry. EIF outperforms 85.71% of its industry peers.
EIF has a Return On Equity of 8.76%. This is amongst the best in the industry. EIF outperforms 100.00% of its industry peers.
EIF has a Return On Invested Capital of 5.80%. This is in the better half of the industry: EIF outperforms 71.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EIF is in line with the industry average of 5.26%.
| 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
With an excellent Profit Margin value of 4.75%, EIF belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
EIF's Profit Margin has declined in the last couple of years.
EIF has a better Operating Margin (11.47%) than 100.00% of its industry peers.
EIF's Operating Margin has been stable in the last couple of years.
EIF has a Gross Margin (36.67%) which is comparable to the rest of the industry.
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.
The number of shares outstanding for EIF has been increased compared to 1 year ago.
EIF has more shares outstanding than it did 5 years ago.
EIF has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.60, we must say that EIF is in the distress zone and has some risk of bankruptcy.
EIF has a Altman-Z score of 1.60. This is comparable to the rest of the industry: EIF outperforms 57.14% of its industry peers.
EIF has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.50, EIF perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.6 |
ROIC/WACC0.74
WACC7.79%
2.3 Liquidity
A Current Ratio of 1.79 indicates that EIF should not have too much problems paying its short term obligations.
The Current ratio of EIF (1.79) is better than 100.00% of its industry peers.
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.
With an excellent Quick ratio value of 1.14, EIF belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
EIF shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.99%.
EIF shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.27% yearly.
The Revenue has grown by 15.47% in the past year. This is quite good.
EIF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.67% yearly.
EPS 1Y (TTM)-1.99%
EPS 3Y9.61%
EPS 5Y-0.27%
EPS Q2Q%22.45%
Revenue 1Y (TTM)15.47%
Revenue growth 3Y23.47%
Revenue growth 5Y14.67%
Sales Q2Q%35.2%
3.2 Future
The Earnings Per Share is expected to grow by 14.12% on average over the next years. This is quite good.
Based on estimates for the next years, EIF will show a quite strong growth in Revenue. The Revenue will grow by 15.45% on average per year.
EPS Next Y30%
EPS Next 2Y25.95%
EPS Next 3Y23.96%
EPS Next 5Y14.12%
Revenue Next Year13.8%
Revenue Next 2Y12.79%
Revenue Next 3Y10.73%
Revenue Next 5Y15.45%
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
The Price/Earnings ratio is 25.98, which means the current valuation is very expensive for EIF.
EIF's Price/Earnings ratio is a bit cheaper when compared to the industry. EIF is cheaper than 71.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. EIF is around the same levels.
Based on the Price/Forward Earnings ratio of 16.38, the valuation of EIF can be described as correct.
EIF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. EIF is cheaper than 71.43% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, EIF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.98 | ||
| Fwd PE | 16.38 |
4.2 Price Multiples
EIF's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.09 |
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.
The decent profitability rating of EIF may justify a higher PE ratio.
EIF's earnings are expected to grow with 23.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.87
PEG (5Y)N/A
EPS Next 2Y25.95%
EPS Next 3Y23.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.58%, EIF has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.53, EIF pays a better dividend. On top of this EIF pays more dividend than 85.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, EIF pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
5.2 History
The dividend of EIF has a limited annual growth rate of 3.39%.
EIF has been paying a dividend for at least 10 years, so it has a reliable track record.
EIF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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 2Y25.95%
EPS Next 3Y23.96%
TSX:EIF (11/21/2025, 7:00:00 PM)
76.63
-0.36 (-0.47%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners11.35%
Inst Owner ChangeN/A
Ins Owners6.07%
Ins Owner ChangeN/A
Market Cap3.97B
Revenue(TTM)3.04B
Net Income(TTM)144.13M
Analysts81.18
Price Target92.04 (20.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
Yearly Dividend2.6
Dividend Growth(5Y)3.39%
DP93.13%
Div Incr Years3
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
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)0.94%
PT rev (3m)13.33%
EPS NQ rev (1m)-0.31%
EPS NQ rev (3m)9.2%
EPS NY rev (1m)0.28%
EPS NY rev (3m)2.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.98 | ||
| Fwd PE | 16.38 | ||
| P/S | 1.31 | ||
| P/FCF | N/A | ||
| P/OCF | 7.81 | ||
| P/B | 2.41 | ||
| P/tB | 8.57 | ||
| EV/EBITDA | 9.09 |
EPS(TTM)2.95
EY3.85%
EPS(NY)4.68
Fwd EY6.11%
FCF(TTM)-1.12
FCFYN/A
OCF(TTM)9.81
OCFY12.8%
SpS58.61
BVpS31.76
TBVpS8.94
PEG (NY)0.87
PEG (5Y)N/A
Graham Number45.91
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 | 1.6 |
F-Score6
WACC7.79%
ROIC/WACC0.74
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)-1.99%
EPS 3Y9.61%
EPS 5Y-0.27%
EPS Q2Q%22.45%
EPS Next Y30%
EPS Next 2Y25.95%
EPS Next 3Y23.96%
EPS Next 5Y14.12%
Revenue 1Y (TTM)15.47%
Revenue growth 3Y23.47%
Revenue growth 5Y14.67%
Sales Q2Q%35.2%
Revenue Next Year13.8%
Revenue Next 2Y12.79%
Revenue Next 3Y10.73%
Revenue Next 5Y15.45%
EBIT growth 1Y14.04%
EBIT growth 3Y30.33%
EBIT growth 5Y14.87%
EBIT Next Year108.55%
EBIT Next 3Y37.12%
EBIT Next 5Y29.03%
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 of EXCHANGE INCOME CORP (EIF.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to EXCHANGE INCOME CORP (EIF.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for EXCHANGE INCOME CORP?
EXCHANGE INCOME CORP (EIF.CA) has a profitability rating of 7 / 10.
What is the financial health of EXCHANGE INCOME CORP (EIF.CA) stock?
The financial health rating of EXCHANGE INCOME CORP (EIF.CA) is 3 / 10.
What is the earnings growth outlook for EXCHANGE INCOME CORP?
The Earnings per Share (EPS) of EXCHANGE INCOME CORP (EIF.CA) is expected to grow by 30% in the next year.