CANOE EIT INCOME FUND (EIT-UN.CA) Stock Fundamental Analysis

TSX:EIT-UN • CA13780R1091

16.98 CAD
-0.1 (-0.59%)
Last: Feb 23, 2026, 07:00 PM
Overview Stock Chart Technical Analysis News
Fundamental Rating

6

Taking everything into account, EIT-UN scores 6 out of 10 in our fundamental rating. EIT-UN was compared to 79 industry peers in the Capital Markets industry. While EIT-UN belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. EIT-UN is not valued too expensively and it also shows a decent growth rate. EIT-UN also has an excellent dividend rating. This makes EIT-UN very considerable for dividend investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • EIT-UN had positive earnings in the past year.
  • EIT-UN had a positive operating cash flow in the past year.
  • EIT-UN had positive earnings in each of the past 5 years.
  • In the past 5 years EIT-UN reported 4 times negative operating cash flow.
EIT-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFEIT-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

1.2 Ratios

  • With an excellent Return On Assets value of 17.43%, EIT-UN belongs to the best of the industry, outperforming 89.87% of the companies in the same industry.
  • With an excellent Return On Equity value of 19.34%, EIT-UN belongs to the best of the industry, outperforming 86.08% of the companies in the same industry.
  • EIT-UN has a Return On Invested Capital of 12.71%. This is amongst the best in the industry. EIT-UN outperforms 87.34% 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 10.51%.
  • 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 RankSector 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%
EIT-UN.CA Yearly ROA, ROE, ROICEIT-UN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

  • EIT-UN's Profit Margin of 91.17% is amongst the best of the industry. EIT-UN outperforms 93.67% of its industry peers.
  • In the last couple of years the Profit Margin of EIT-UN has grown nicely.
  • With an excellent Operating Margin value of 91.52%, EIT-UN belongs to the best of the industry, outperforming 97.47% 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.
  • EIT-UN has a Gross Margin of 92.92%. This is amongst the best in the industry. EIT-UN outperforms 87.34% of its industry peers.
  • EIT-UN's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
EIT-UN.CA Yearly Profit, Operating, Gross MarginsEIT-UN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 50 100 150

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6

2. Health

2.1 Basic Checks

  • EIT-UN has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for EIT-UN has been increased compared to 5 years ago.
  • Compared to 1 year ago, EIT-UN has an improved debt to assets ratio.
EIT-UN.CA Yearly Shares OutstandingEIT-UN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
EIT-UN.CA Yearly Total Debt VS Total AssetsEIT-UN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

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 74.68% of its industry peers.
  • A Debt/Equity ratio of 0.10 indicates that EIT-UN is not too dependend on debt financing.
  • EIT-UN has a Debt to Equity ratio of 0.10. This is in the better half of the industry: EIT-UN outperforms 69.62% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 2.92
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
EIT-UN.CA Yearly LT Debt VS Equity VS FCFEIT-UN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

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's Current ratio of 19.85 is amongst the best of the industry. EIT-UN outperforms 94.94% 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 94.94% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 19.85
Quick Ratio 19.85
EIT-UN.CA Yearly Current Assets VS Current LiabilitesEIT-UN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • EIT-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.65%, which is quite impressive.
  • The Earnings Per Share has been growing by 19.43% on average over the past years. This is quite good.
  • The Revenue has grown by 34.39% in the past year. This is a very strong growth!
  • The Revenue has been growing by 27.38% on average over the past years. This is a very strong growth!
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.
EIT-UN.CA Yearly Revenue VS EstimatesEIT-UN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

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4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 5.42 indicates a rather cheap valuation of EIT-UN.
  • Based on the Price/Earnings ratio, EIT-UN is valued cheaper than 82.28% of the companies in the same industry.
  • EIT-UN is valuated cheaply when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.42
Fwd PE N/A
EIT-UN.CA Price Earnings VS Forward Price EarningsEIT-UN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, EIT-UN is valued a bit cheaper than the industry average as 72.15% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 31.95
EV/EBITDA N/A
EIT-UN.CA Per share dataEIT-UN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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)0.28
EPS Next 2YN/A
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

8

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 9.46%, EIT-UN is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.59, EIT-UN pays a better dividend. On top of this EIT-UN pays more dividend than 98.73% of the companies listed in the same industry.
  • EIT-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector 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.
  • The dividend of EIT-UN decreased in the last 3 years.
Dividend Growth(5Y)3.58%
Div Incr Years0
Div Non Decr Years2
EIT-UN.CA Yearly Dividends per shareEIT-UN.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • EIT-UN pays out 38.35% of its income as dividend. This is a sustainable payout ratio.
  • EIT-UN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP38.35%
EPS Next 2YN/A
EPS Next 3YN/A
EIT-UN.CA Yearly Income VS Free CF VS DividendEIT-UN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M
EIT-UN.CA Dividend Payout.EIT-UN.CA Dividend Payout, showing the Payout Ratio.EIT-UN.CA Dividend Payout.PayoutRetained Earnings

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CANOE EIT INCOME FUND

TSX:EIT-UN (2/23/2026, 7:00:00 PM)

16.98

-0.1 (-0.59%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)N/A
Earnings (Next)03-16
Inst Owners0.01%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap3.18B
Revenue(TTM)618.33M
Net Income(TTM)563.74M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 9.46%
Yearly Dividend1.2
Dividend Growth(5Y)3.58%
DP38.35%
Div Incr Years0
Div Non Decr Years2
Ex-Date01-22
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 RankSector Rank
PE 5.42
Fwd PE N/A
P/S 5.14
P/FCF 31.95
P/OCF 31.95
P/B 1.09
P/tB 1.09
EV/EBITDA N/A
EPS(TTM)3.13
EY18.43%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.53
FCFY3.13%
OCF(TTM)0.53
OCFY3.13%
SpS3.31
BVpS15.58
TBVpS15.58
PEG (NY)N/A
PEG (5Y)0.28
Graham Number33.13
Profitability
Industry RankSector 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 RankSector 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 is the fundamental rating for EIT-UN stock?

ChartMill assigns a fundamental rating of 6 / 10 to EIT-UN.CA.


Can you provide the valuation status for CANOE EIT INCOME FUND?

ChartMill assigns a valuation rating of 4 / 10 to CANOE EIT INCOME FUND (EIT-UN.CA). This can be considered as Fairly Valued.


What is the profitability of EIT-UN stock?

CANOE EIT INCOME FUND (EIT-UN.CA) has a profitability rating of 8 / 10.


What is the valuation of CANOE EIT INCOME FUND based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CANOE EIT INCOME FUND (EIT-UN.CA) is 5.42 and the Price/Book (PB) ratio is 1.09.