CANOE EIT INCOME FUND (EIT-UN.CA) Stock Price, Forecast & Analysis
Canada - TSX:EIT-UN - CA13780R1091
15.51 CAD
-0.04 (-0.26%)
EIT-UN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 85 industry peers in the Capital Markets industry. EIT-UN scores excellent on profitability, but there are some minor concerns on its financial health. EIT-UN has a decent growth rate and is not valued too expensively. Finally EIT-UN also has an excellent dividend rating. These ratings could make EIT-UN a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
In the past year EIT-UN was profitable.
In the past year EIT-UN had a positive cash flow from operations.
Each year in the past 5 years EIT-UN has been profitable.
EIT-UN had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 17.43%, EIT-UN belongs to the best of the industry, outperforming 92.94% of the companies in the same industry.
EIT-UN's Return On Equity of 19.34% is amongst the best of the industry. EIT-UN outperforms 92.94% of its industry peers.
EIT-UN has a Return On Invested Capital of 12.71%. This is amongst the best in the industry. EIT-UN outperforms 92.94% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EIT-UN is in line with the industry average of 10.08%.
The last Return On Invested Capital (12.71%) for EIT-UN is above the 3 year average (8.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.43% | ||
| ROE | 19.34% | ||
| ROIC | 12.71% |
ROA(3y)11.83%
ROA(5y)13.01%
ROE(3y)13.3%
ROE(5y)14.97%
ROIC(3y)8.76%
ROIC(5y)9.67%
1.3 Margins
EIT-UN has a better Profit Margin (91.17%) than 96.47% of its industry peers.
In the last couple of years the Profit Margin of EIT-UN has grown nicely.
Looking at the Operating Margin, with a value of 91.52%, EIT-UN belongs to the top of the industry, outperforming 98.82% of the companies in the same industry.
In the last couple of years the Operating Margin of EIT-UN has remained more or less at the same level.
With an excellent Gross Margin value of 92.92%, EIT-UN belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
In the last couple of years the Gross Margin of EIT-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 91.52% | ||
| PM (TTM) | 91.17% | ||
| GM | 92.92% |
OM growth 3Y-0.65%
OM growth 5Y1.01%
PM growth 3Y-1.01%
PM growth 5Y2.55%
GM growth 3Y-0.61%
GM growth 5Y0.6%
2. Health
2.1 Basic Checks
Compared to 1 year ago, EIT-UN has more shares outstanding
Compared to 5 years ago, EIT-UN has more shares outstanding
The debt/assets ratio for EIT-UN has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of EIT-UN is 2.92, which is a good value as it means it would take EIT-UN, 2.92 years of fcf income to pay off all of its debts.
EIT-UN has a Debt to FCF ratio of 2.92. This is in the better half of the industry: EIT-UN outperforms 78.82% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that EIT-UN is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.10, EIT-UN is doing good in the industry, outperforming 72.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 19.85 indicates that EIT-UN has no problem at all paying its short term obligations.
EIT-UN has a better Current ratio (19.85) than 90.59% of its industry peers.
EIT-UN has a Quick Ratio of 19.85. This indicates that EIT-UN is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 19.85, EIT-UN belongs to the best of the industry, outperforming 90.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 19.85 | ||
| Quick Ratio | 19.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.65% over the past year.
The Earnings Per Share has been growing by 19.43% on average over the past years. This is quite good.
EIT-UN shows a strong growth in Revenue. In the last year, the Revenue has grown by 34.39%.
Measured over the past years, EIT-UN shows a very strong growth in Revenue. The Revenue has been growing by 27.38% on average per year.
EPS 1Y (TTM)37.65%
EPS 3Y-6.34%
EPS 5Y19.43%
EPS Q2Q%-31.46%
Revenue 1Y (TTM)34.39%
Revenue growth 3Y4.51%
Revenue growth 5Y27.38%
Sales Q2Q%-30.01%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.96, the valuation of EIT-UN can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of EIT-UN indicates a rather cheap valuation: EIT-UN is cheaper than 81.18% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, EIT-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.96 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of EIT-UN indicates a somewhat cheap valuation: EIT-UN is cheaper than 70.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.1 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
EIT-UN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.25
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
EIT-UN has a Yearly Dividend Yield of 9.46%, which is a nice return.
EIT-UN's Dividend Yield is rather good when compared to the industry average which is at 3.04. EIT-UN pays more dividend than 98.82% of the companies in the same industry.
EIT-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.46% |
5.2 History
The dividend of EIT-UN has a limited annual growth rate of 3.58%.
EIT-UN has paid a dividend for at least 10 years, which is a reliable track record.
EIT-UN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.58%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
EIT-UN pays out 38.35% of its income as dividend. This is a sustainable payout ratio.
The dividend of EIT-UN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP38.35%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:EIT-UN (11/13/2025, 7:00:00 PM)
15.51
-0.04 (-0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap2.89B
Revenue(TTM)618.33M
Net Income(TTM)563.74M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.46% |
Yearly Dividend1.2
Dividend Growth(5Y)3.58%
DP38.35%
Div Incr Years0
Div Non Decr Years2
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.96 | ||
| Fwd PE | N/A | ||
| P/S | 4.68 | ||
| P/FCF | 29.1 | ||
| P/OCF | 29.1 | ||
| P/B | 0.99 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.13
EY20.18%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.53
FCFY3.44%
OCF(TTM)0.53
OCFY3.44%
SpS3.32
BVpS15.62
TBVpS15.62
PEG (NY)N/A
PEG (5Y)0.25
Graham Number33.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.43% | ||
| ROE | 19.34% | ||
| ROCE | 18.42% | ||
| ROIC | 12.71% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 91.52% | ||
| PM (TTM) | 91.17% | ||
| GM | 92.92% | ||
| FCFM | 16.08% |
ROA(3y)11.83%
ROA(5y)13.01%
ROE(3y)13.3%
ROE(5y)14.97%
ROIC(3y)8.76%
ROIC(5y)9.67%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)12.62%
ROCE(5y)13.98%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-0.65%
OM growth 5Y1.01%
PM growth 3Y-1.01%
PM growth 5Y2.55%
GM growth 3Y-0.61%
GM growth 5Y0.6%
F-Score6
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.92 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 103.89 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 17.63% | ||
| Current Ratio | 19.85 | ||
| Quick Ratio | 19.85 | ||
| Altman-Z | N/A |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)37.65%
EPS 3Y-6.34%
EPS 5Y19.43%
EPS Q2Q%-31.46%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)34.39%
Revenue growth 3Y4.51%
Revenue growth 5Y27.38%
Sales Q2Q%-30.01%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y38.75%
EBIT growth 3Y3.83%
EBIT growth 5Y28.68%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y379.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y379.43%
OCF growth 3YN/A
OCF growth 5YN/A
CANOE EIT INCOME FUND / EIT-UN.CA FAQ
What does EIT-UN do?
Canoe EIT Income Fund is a CA-based company operating in Capital Markets industry. The company is headquartered in Calgary, Alberta. Canoe EIT Income Fund (the Fund) is a Canada-based closed-end investment trust. The investment objectives of the Fund are to maximize monthly distributions relative to risk and maximize net asset value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the manager may determine in its sole discretion from time to time. The Fund invests in various sectors, such as financials, energy, industrials, information technology, healthcare, consumer staples, consumer discretionary, and materials. Canoe Financial LP is the manager and portfolio manager of the Fund.
What is the current price of EIT-UN stock?
The current stock price of EIT-UN.CA is 15.51 CAD. The price decreased by -0.26% in the last trading session.
What is the ChartMill technical and fundamental rating of EIT-UN stock?
EIT-UN.CA has a ChartMill Technical rating of 6 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Is CANOE EIT INCOME FUND (EIT-UN.CA) stock a good buy?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on EIT-UN.CA.