Exchange Income (TSX:EIF) Stock Price & Quote Analysis

EIF fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	3/6
Financial Health	2/6
Dividends	4/6

EIF Stock Overview

Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide.

Rewards

Trading at 56.4% below our estimate of its fair value

Earnings are forecast to grow 31.2% per year

Trading below our calculated fair Price-To-Earnings ratio

Analysts in good agreement that stock price will rise by 24.9%

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 5.14% is not well covered

Shareholders have been diluted in the past year

Exchange Income Corporation Competitors

Cargojet

TSX:CJT

CA$2.4b

Mullen Group

TSX:MTL

CA$1.4b

Westshore Terminals Investment

TSX:WTE

CA$1.5b

Algoma Central

TSX:ALC

CA$615.5m

Price History & Performance

Summary of all time highs, changes and price drops for Exchange Income
Historical stock prices
Current Share Price	CA$48.98
52 Week High	CA$51.56
52 Week Low	CA$37.79
Beta	2.27
1 Month Change	8.63%
3 Month Change	2.68%
1 Year Change	11.62%
3 Year Change	10.49%
5 Year Change	32.41%
Change since IPO	716.33%

Is Now The Time To Put Exchange Income (TSE:EIF) On Your Watchlist?

Nov 12

Recent updates

Investors Could Be Concerned With Exchange Income's (TSE:EIF) Returns On Capital

Dec 15

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.19

Nov 20

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.19

Oct 18

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.19

Sep 20

Is There An Opportunity With Exchange Income Corporation's (TSE:EIF) 49% Undervaluation?

Aug 15

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.19

Jul 19

Something To Consider Before Buying Exchange Income Corporation (TSE:EIF) For The 5.8% Dividend

Apr 09

Exchange Income Corporation (TSE:EIF) Shares Could Be 47% Below Their Intrinsic Value Estimate

Mar 16

Exchange Income (TSE:EIF) Use Of Debt Could Be Considered Risky

Feb 23

Shareholders Of Exchange Income (TSE:EIF) Must Be Happy With Their 127% Total Return

Feb 07

We Wouldn't Be Too Quick To Buy Exchange Income Corporation (TSE:EIF) Before It Goes Ex-Dividend

Jan 23

Has Exchange Income (TSE:EIF) Got What It Takes To Become A Multi-Bagger?

Jan 17

Does Exchange Income Corporation (TSE:EIF) Create Value For Shareholders?

Jan 02

Could Exchange Income Corporation (TSE:EIF) Have The Makings Of Another Dividend Aristocrat?

Dec 18

What Can We Make Of Exchange Income's (TSE:EIF) CEO Compensation?

Dec 05

Do These 3 Checks Before Buying Exchange Income Corporation (TSE:EIF) For Its Upcoming Dividend

Nov 22

Shareholder Returns

	EIF	CA Airlines	CA Market
7D	1.8%	1.9%	2.1%
1Y	11.6%	-12.6%	-1.4%

Return vs Industry: EIF exceeded the Canadian Airlines industry which returned -19.1% over the past year.

Return vs Market: EIF exceeded the Canadian Market which returned -3.7% over the past year.

Price Volatility

Is EIF's price volatile compared to industry and market?
EIF volatility
EIF Average Weekly Movement	4.2%
Airlines Industry Average Movement	6.9%
Market Average Movement	10.0%
10% most volatile stocks in CA Market	18.0%
10% least volatile stocks in CA Market	4.1%

Stable Share Price: EIF is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EIF's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Mike Pyle	https://www.exchangeincomecorp.ca

Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates in two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment offers scheduled airline, cargo, charter, and emergency medical services to communities located in Manitoba, Ontario, Nunavut, British Columbia, and Alberta, as well as Newfoundland and Labrador, Québec, New Brunswick, and Nova Scotia.

Exchange Income Corporation Fundamentals Summary

How do Exchange Income's earnings and revenue compare to its market cap?
EIF fundamental statistics
Market Cap	CA$2.08b
Earnings (TTM)	CA$105.74m
Revenue (TTM)	CA$1.91b

19.6x

P/E Ratio

1.1x

P/S Ratio

Is EIF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
EIF income statement (TTM)
Revenue	CA$1.91b
Cost of Revenue	CA$1.24b
Gross Profit	CA$661.73m
Other Expenses	CA$556.00m
Earnings	CA$105.74m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.49
Gross Margin	34.71%
Net Profit Margin	5.55%
Debt/Equity Ratio	161.0%

How did EIF perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

87%

Payout Ratio

Does EIF pay a reliable dividends?

See EIF dividend history and benchmarks

When do you need to buy EIF by to receive an upcoming dividend?
Exchange Income dividend dates
Ex Dividend Date	Nov 29 2022
Dividend Pay Date	Dec 15 2022
Days until Ex dividend	2 days
Days until Dividend pay date	18 days

Does EIF pay a reliable dividends?

See EIF dividend history and benchmarks

EIF Stock Overview

Rewards

Risk Analysis

Exchange Income Corporation Competitors

TSX:CJT

CA$2.4b

TSX:MTL

CA$1.4b

TSX:WTE

CA$1.5b

TSX:ALC

CA$615.5m

Price History & Performance

Recent News & Updates

Upcoming dividend of CA$0.21 per share

Exchange Income Corporation Declares Dividend for the Month Ended November 30, 2022, Payable on December 15, 2022

Is Now The Time To Put Exchange Income (TSE:EIF) On Your Watchlist?

Third quarter 2022 earnings released: EPS: CA$1.20 (vs CA$0.58 in 3Q 2021)

Upcoming dividend of CA$0.21 per share

Exchange Income Corporation Announces October 2022 Dividend, Payable on November 15, 2022

Recent updates

Upcoming dividend of CA$0.21 per share

Exchange Income Corporation Declares Dividend for the Month Ended November 30, 2022, Payable on December 15, 2022

Is Now The Time To Put Exchange Income (TSE:EIF) On Your Watchlist?

Third quarter 2022 earnings released: EPS: CA$1.20 (vs CA$0.58 in 3Q 2021)

Upcoming dividend of CA$0.21 per share

Exchange Income Corporation Announces October 2022 Dividend, Payable on November 15, 2022

Exchange Income Corporation to Report Q3, 2022 Results on Nov 09, 2022

Upcoming dividend of CA$0.21 per share

Exchange Income Corporation Announces September 2022 Dividend, Payable October 14, 2022

Exchange Income Corporation has completed a Follow-on Equity Offering in the amount of CAD 100.0298 million.

Upcoming dividend of CA$0.21 per share

Exchange Income's (TSE:EIF) Dividend Will Be Increased To CA$0.21

Exchange Income Corporation has completed a Follow-on Equity Offering in the amount of CAD 100.0298 million.

Exchange Income Corporation Announces August 2022 Dividend, Payable on September 15, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of CA$0.20 per share

Exchange Income Corporation, Declares Eligible Dividends for the Month Ending July 31, 2022, Payable August 15, 2022

Exchange Income Corporation to Report Q2, 2022 Results on Aug 11, 2022

Chief Corporate Development Officer recently bought CA$419k worth of stock

Upcoming dividend of CA$0.20 per share

Exchange Income Corporation Declares Dividend for the Month Ended June 30, 2022, Payable July 15, 2022

Upcoming dividend of CA$0.20 per share

Exchange Income Corporation Announces Dividend for the Month Ending May 31, 2022, Payable June 15, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Exchange Income Corporation (TSX:EIF) acquired Advanced Paramedic Ltd. for CAD 15 million.

Consensus forecasts updated

Insufficient new directors

Upcoming dividend of CA$0.19 per share

Exchange Income Corporation to Report Q1, 2022 Results on May 10, 2022

Exchange Income (TSE:EIF) Has Announced A Dividend Of CA$0.19

Exchange Income Corporation Announces the Appointment of Richard Wowryk to the Position of Chief Financial Officer Effective June 1, 2022

Upcoming dividend of CA$0.19 per share

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.19

Consensus EPS estimates fall by 20%

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.19

Exchange Income Corporation Announces February 2022 Dividend, Payable on March 15, 2022

Exchange Income (TSE:EIF) Has Re-Affirmed Its Dividend Of CA$0.19

Exchange Income (TSE:EIF) Has Re-Affirmed Its Dividend Of CA$0.19

Exchange Income Corporation (TSX:EIF) acquired Crew Training International, Inc. for $45 million.

Investors Could Be Concerned With Exchange Income's (TSE:EIF) Returns On Capital

Price target increased to CA$52.82

CEO & Director recently sold CA$5.0m worth of stock

Insufficient new directors

Upcoming dividend of CA$0.19 per share

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.19

Price target increased to CA$52.78

Third quarter 2021 earnings released: EPS CA$0.58 (vs CA$0.49 in 3Q 2020)

Upcoming dividend of CA$0.19 per share

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.19

Upcoming dividend of CA$0.19 per share

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.19

Upcoming dividend of CA$0.19 per share

Is There An Opportunity With Exchange Income Corporation's (TSE:EIF) 49% Undervaluation?

Second quarter 2021 earnings released: EPS CA$0.44 (vs CA$0.076 in 2Q 2020)

Exchange Income Corporation (TSX:EIF) acquired Macfab Manufacturing Inc. for CAD 11 million.

Upcoming dividend of CA$0.19 per share

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.19

Exchange Income Corporation (TSX:EIF) agreed to acquire Carson Air Ltd. from Wynnchurch Capital, L.P and others for $61 million.