Canaccord Genuity Group
Market Cap
CA$1.2b
Last Updated
2021/01/18 00:08 UTC
Data Sources
Company Financials +
Executive Summary
Canaccord Genuity Group Inc., a full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government clients. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record and pays a dividend.
Similar Companies
Share Price & News
How has Canaccord Genuity Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CF is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CF's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-0.09%
CF
-0.7%
CA Capital Markets
-0.5%
CA Market
1 Year Return
133.4%
CF
-5.0%
CA Capital Markets
1.6%
CA Market
Return vs Industry: CF exceeded the Canadian Capital Markets industry which returned -5% over the past year.
Return vs Market: CF exceeded the Canadian Market which returned 1.6% over the past year.
Shareholder returns
| CF | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.09% | -0.7% | -0.5% |
| 30 Day | 13.5% | -1.0% | 3.4% |
| 90 Day | 62.8% | 12.0% | 13.2% |
| 1 Year | 140.8%133.4% | -2.9%-5.0% | 5.3%1.6% |
| 3 Year | 96.4%76.8% | 30.4%21.2% | 13.1%2.3% |
| 5 Year | 189.4%154.2% | 85.6%61.7% | 66.0%40.5% |
Long-Term Price Volatility Vs. Market
How volatile is Canaccord Genuity Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Did You Participate In Any Of Canaccord Genuity Group's (TSE:CF) Fantastic 193% Return ?1 month ago | Simply Wall St
Is Now The Time To Put Canaccord Genuity Group (TSE:CF) On Your Watchlist?1 month ago | Simply Wall St
Be Sure To Check Out Canaccord Genuity Group Inc. (TSE:CF) Before It Goes Ex-DividendValuation
Is Canaccord Genuity Group undervalued compared to its fair value and its price relative to the market?
11.4x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CF (CA$11.67) is trading above our estimate of fair value (CA$7.57)
Significantly Below Fair Value: CF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CF is good value based on its PE Ratio (11.4x) compared to the CA Capital Markets industry average (11.5x).
PE vs Market: CF is good value based on its PE Ratio (11.4x) compared to the Canadian market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CF is overvalued based on its PB Ratio (1.5x) compared to the CA Capital Markets industry average (1.3x).
Next Steps
Future Growth
How is Canaccord Genuity Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
1.2%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CF's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if CF's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CF's revenue (1.2% per year) is forecast to grow slower than the Canadian market (7.9% per year).
High Growth Revenue: CF's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CF's Return on Equity is forecast to be low in 3 years time (15.3%).
Next Steps
Past Performance
How has Canaccord Genuity Group performed over the past 5 years?
74.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CF has high quality earnings.
Growing Profit Margin: CF's current net profit margins (7.2%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: CF has become profitable over the past 5 years, growing earnings by 74.1% per year.
Accelerating Growth: CF's earnings growth over the past year (55.3%) is below its 5-year average (74.1% per year).
Earnings vs Industry: CF earnings growth over the past year (55.3%) exceeded the Capital Markets industry 20.6%.
Return on Equity
High ROE: CF's Return on Equity (11.8%) is considered low.
Next Steps
Financial Health
How is Canaccord Genuity Group's financial position?
Financial Position Analysis
Short Term Liabilities: CF's short term assets (CA$4.9B) exceed its short term liabilities (CA$4.4B).
Long Term Liabilities: CF's short term assets (CA$4.9B) exceed its long term liabilities (CA$328.0M).
Debt to Equity History and Analysis
Debt Level: CF's debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: CF's debt to equity ratio has increased from 3.2% to 23.1% over the past 5 years.
Debt Coverage: CF's debt is well covered by operating cash flow (289.3%).
Interest Coverage: Insufficient data to determine if CF's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Canaccord Genuity Group current dividend yield, its reliability and sustainability?
1.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CF's dividend (1.89%) is higher than the bottom 25% of dividend payers in the Canadian market (1.54%).
High Dividend: CF's dividend (1.89%) is low compared to the top 25% of dividend payers in the Canadian market (5.03%).
Stability and Growth of Payments
Stable Dividend: CF's dividend payments have been volatile in the past 10 years.
Growing Dividend: CF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.5%), CF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CF's dividends in 3 years are forecast to be well covered by earnings (22.4% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Dan Daviau (55 yo)
5.25yrs
Tenure
CA$7,658,925
Compensation
Mr. Daniel Joseph Daviau, also known as Dan, has been the Chief Executive Officer and President of Canaccord Genuity Group Inc., since Ocotber 1, 2015. Mr. Daviau served as the Chief Executive Officer of N...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD6.01M) is above average for companies of similar size in the Canadian market ($USD1.16M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.75yrs | CA$3.47m | 4.87% CA$ 56.1m | |
| CEO, President & Director | 5.25yrs | CA$7.66m | 3.05% CA$ 35.1m | |
| Executive VP & CFO | 3.92yrs | CA$1.54m | 0.19% CA$ 2.2m | |
| President of Canaccord Genuity LLC (U.S.) | 5.25yrs | CA$4.62m | 0.35% CA$ 4.1m | |
| Chief Executive Officer of Canaccord Genuity Wealth Management (UK & Europe) | 3.75yrs | CA$3.09m | 0.23% CA$ 2.6m | |
| Chief Investment Officer | 3.67yrs | no data | no data | |
| Managing Director Investment Banking | no data | CA$3.60m | no data | |
| Director | no data | no data | no data | |
| Vice President | no data | no data | no data | |
| Head of Paris Office | no data | no data | no data | |
| Director of Corporate Finance | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | 5.25yrs | CA$3.27m | 0.35% CA$ 4.0m |
4.6yrs
Average Tenure
57yo
Average Age
Experienced Management: CF's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.75yrs | CA$3.47m | 4.87% CA$ 56.1m | |
| CEO, President & Director | 5.25yrs | CA$7.66m | 3.05% CA$ 35.1m | |
| Independent Director | 10.92yrs | CA$173.03k | 0.061% CA$ 706.0k | |
| Lead Independent Director | no data | CA$417.21k | 0.058% CA$ 667.1k | |
| Chairman of the Canaccord Genuity Wealth - UK | no data | no data | no data | |
| Independent Director | 17yrs | CA$167.55k | 0.026% CA$ 303.5k | |
| Director | 0.42yr | no data | 1.37% CA$ 15.8m | |
| Independent Director | 9yrs | CA$172.76k | no data | |
| Independent Director | 1.42yrs | CA$126.13k | no data | |
| Independent Director | 2.42yrs | CA$169.26k | 0.0046% CA$ 52.5k | |
| Director | 0.42yr | no data | no data |
5.3yrs
Average Tenure
64yo
Average Age
Experienced Board: CF's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CF insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Canaccord Genuity Group Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Canaccord Genuity Group Inc.
- Ticker: CF
- Exchange: TSX
- Founded: 1950
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: CA$1.151b
- Shares outstanding: 98.61m
- Website: https://www.canaccordgenuity.com
Number of Employees
Location
- Canaccord Genuity Group Inc.
- Pacific Centre
- Suite 2200
- Vancouver
- British Columbia
- V7Y 1H2
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CF | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jun 2004 |
| 0RLV | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Jun 2004 |
| C6U | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jun 2004 |
| CCOR.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jun 2004 |
| CF.PRA | TSX (The Toronto Stock Exchange) | CUM5YR 1ST PFD A | CA | CAD | Jun 2011 | |
| CF.PRC | TSX (The Toronto Stock Exchange) | CUM5YR 1ST PFD-C | CA | CAD | Apr 2012 |
Biography
Canaccord Genuity Group Inc., a full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 00:08 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.