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CXI

Currency Exchange International TSX:CXI Stock Report

Last Price

CA$16.20

Market Cap

CA$104.0m

7D

-3.3%

1Y

25.1%

Updated

24 Jun, 2022

Data

Company Financials +
CXI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends0/6

CXI Stock Overview

Currency Exchange International, Corp., together with its subsidiaries, engages in the money service and payment businesses in the United States and Canada.

Currency Exchange International Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Currency Exchange International
Historical stock prices
Current Share PriceCA$16.20
52 Week HighCA$19.80
52 Week LowCA$12.00
Beta0.71
1 Month Change-11.23%
3 Month Change-10.89%
1 Year Change25.10%
3 Year Change-27.68%
5 Year Change-38.40%
Change since IPO123.45%

Recent News & Updates

Shareholder Returns

CXICA Consumer FinanceCA Market
7D-3.3%2.0%0.3%
1Y25.1%-51.2%-4.1%

Return vs Industry: CXI exceeded the Canadian Consumer Finance industry which returned -52.9% over the past year.

Return vs Market: CXI exceeded the Canadian Market which returned -5.7% over the past year.

Price Volatility

Is CXI's price volatile compared to industry and market?
CXI volatility
CXI Average Weekly Movement4.9%
Consumer Finance Industry Average Movement6.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market4.3%

Stable Share Price: CXI is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CXI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998238Randolph Pinnahttps://www.ceifx.com

Currency Exchange International, Corp., together with its subsidiaries, engages in the money service and payment businesses in the United States and Canada. It offers financial institutions, international wire payments, foreign check clearing, foreign bank note exchange, and foreign draft issuance solutions; corporate, hedge and risk management, and international payment solutions; and international traveler’s, foreign currency exchange, bitcoin and ether cryptocurrencies, gold bullion coins and bars, multi-currency cash passport, and American Express traveler's cheque solutions. The company serves financial institutions, and money service businesses, as well as travel, technology, payroll, healthcare, and nonprofit sectors.

Currency Exchange International Fundamentals Summary

How do Currency Exchange International's earnings and revenue compare to its market cap?
CXI fundamental statistics
Market CapUS$80.51m
Earnings (TTM)US$4.33m
Revenue (TTM)US$44.37m

18.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CXI income statement (TTM)
RevenueUS$44.37m
Cost of RevenueUS$968.64k
Gross ProfitUS$43.40m
Other ExpensesUS$39.08m
EarningsUS$4.33m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.67
Gross Margin97.82%
Net Profit Margin9.75%
Debt/Equity Ratio46.5%

How did CXI perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CXI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CXI?

Other financial metrics that can be useful for relative valuation.

CXI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.04x
Enterprise Value/EBITDA0.2x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does CXI's PE Ratio compare to its peers?

CXI PE Ratio vs Peers
The above table shows the PE ratio for CXI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average21.7x

Price-To-Earnings vs Peers: CXI is good value based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (21.7x).


Price to Earnings Ratio vs Industry

How does CXI's PE Ratio compare vs other companies in the Consumer Finance Industry?

Price-To-Earnings vs Industry: CXI is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the North American Consumer Finance industry average (6.7x)


Price to Earnings Ratio vs Fair Ratio

What is CXI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CXI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.6x
Fair PE Ratio18.9x

Price-To-Earnings vs Fair Ratio: CXI is good value based on its Price-To-Earnings Ratio (18.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.9x).


Share Price vs Fair Value

What is the Fair Price of CXI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate CXI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CXI's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: CXI is good value based on its PEG Ratio (0.5x)


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Future Growth

How is Currency Exchange International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CXI's forecast earnings growth (34.5% per year) is above the savings rate (1.6%).

Earnings vs Market: CXI's earnings (34.5% per year) are forecast to grow faster than the Canadian market (7.4% per year).

High Growth Earnings: CXI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CXI's revenue (20.4% per year) is forecast to grow faster than the Canadian market (6.6% per year).

High Growth Revenue: CXI's revenue (20.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CXI's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Currency Exchange International performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-42.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CXI has a large one-off gain of $3.5M impacting its April 30 2022 financial results.

Growing Profit Margin: CXI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CXI's earnings have declined by 42.4% per year over the past 5 years.

Accelerating Growth: CXI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CXI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Finance industry (11%).


Return on Equity

High ROE: CXI's Return on Equity (7.1%) is considered low.


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Financial Health

How is Currency Exchange International's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CXI's short term assets ($139.7M) exceed its short term liabilities ($86.6M).

Long Term Liabilities: CXI's short term assets ($139.7M) exceed its long term liabilities ($3.3M).


Debt to Equity History and Analysis

Debt Level: CXI has more cash than its total debt.

Reducing Debt: CXI's debt to equity ratio has increased from 5.7% to 46.5% over the past 5 years.

Debt Coverage: CXI's debt is well covered by operating cash flow (116.7%).

Interest Coverage: CXI's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet


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Dividend

What is Currency Exchange International current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CXI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CXI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CXI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CXI's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CXI has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

Randolph Pinna (52 yo)

14.67yrs

Tenure

US$626,508

Compensation

Mr. Randolph W. Pinna, Founded Currency Exchange International, Corp. in 2007 and has been its Chief Executive Officer and President October 2007. From 1989 to 2007, Mr. Pinna served as the President and C...


CEO Compensation Analysis

Compensation vs Market: Randolph's total compensation ($USD626.51K) is above average for companies of similar size in the Canadian market ($USD175.39K).

Compensation vs Earnings: Randolph's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CXI's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: CXI's board of directors are considered experienced (9.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CXI insiders have bought more shares than they have sold 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

Currency Exchange International, Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Currency Exchange International, Corp.
  • Ticker: CXI
  • Exchange: TSX
  • Founded: 1998
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Implied Market Cap: CA$103.995m
  • Shares outstanding: 6.42m
  • Website: https://www.ceifx.com

Number of Employees


Location

  • Currency Exchange International, Corp.
  • 6675 Westwood Boulevard
  • Suite 300
  • Orlando
  • Florida
  • 32821
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/04/30
Annual Earnings2021/10/31


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.