EIF Stock Overview
Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide.
Exchange Income Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$45.36|
|52 Week High||CA$47.77|
|52 Week Low||CA$37.79|
|1 Month Change||8.08%|
|3 Month Change||1.93%|
|1 Year Change||14.26%|
|3 Year Change||26.14%|
|5 Year Change||31.40%|
|Change since IPO||656.00%|
Recent News & Updates
|EIF||CA Airlines||CA Market|
Return vs Industry: EIF exceeded the Canadian Airlines industry which returned -26.4% over the past year.
Return vs Market: EIF exceeded the Canadian Market which returned 5.9% over the past year.
|EIF Average Weekly Movement||5.4%|
|Airlines Industry Average Movement||12.0%|
|Market Average Movement||9.7%|
|10% most volatile stocks in CA Market||16.7%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: EIF is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: EIF's weekly volatility (5%) has been stable over the past year.
About the Company
Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates through two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment offers scheduled airline and charter services, and emergency medical services to communities located in Manitoba, Ontario, Nunavut, British Columbia, and Alberta, as well as Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia.
Exchange Income Fundamentals Summary
|EIF fundamental statistics|
Is EIF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EIF income statement (TTM)|
|Cost of Revenue||CA$977.04m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.64|
|Net Profit Margin||4.31%|
How did EIF perform over the long term?See historical performance and comparison
5.0%Current Dividend Yield
Is Exchange Income undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EIF (CA$45.36) is trading below our estimate of fair value (CA$168.97)
Significantly Below Fair Value: EIF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EIF is poor value based on its PE Ratio (27.7x) compared to the North American Airlines industry average (19.7x).
PE vs Market: EIF is poor value based on its PE Ratio (27.7x) compared to the Canadian market (11.8x).
Price to Earnings Growth Ratio
PEG Ratio: EIF is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: EIF's PB Ratio (2.3x) is in line with the XN Airlines industry average.
How is Exchange Income forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EIF's forecast earnings growth (39.8% per year) is above the savings rate (1.6%).
Earnings vs Market: EIF's earnings (39.8% per year) are forecast to grow faster than the Canadian market (7.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EIF's revenue (10.4% per year) is forecast to grow faster than the Canadian market (6.4% per year).
High Growth Revenue: EIF's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EIF's Return on Equity is forecast to be high in 3 years time
How has Exchange Income performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EIF has high quality earnings.
Growing Profit Margin: EIF's current net profit margins (4.3%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: EIF's earnings have declined by 5.5% per year over the past 5 years.
Accelerating Growth: EIF's earnings growth over the past year (61.1%) exceeds its 5-year average (-5.5% per year).
Earnings vs Industry: EIF earnings growth over the past year (61.1%) exceeded the Airlines industry 26.9%.
Return on Equity
High ROE: EIF's Return on Equity (8.3%) is considered low.
How is Exchange Income's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: EIF's short term assets (CA$736.2M) exceed its short term liabilities (CA$388.6M).
Long Term Liabilities: EIF's short term assets (CA$736.2M) do not cover its long term liabilities (CA$1.5B).
Debt to Equity History and Analysis
Debt Level: EIF's net debt to equity ratio (149%) is considered high.
Reducing Debt: EIF's debt to equity ratio has increased from 114.4% to 157.9% over the past 5 years.
Debt Coverage: EIF's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: EIF's interest payments on its debt are not well covered by EBIT (2.5x coverage).
What is Exchange Income current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EIF's dividend (5.03%) is higher than the bottom 25% of dividend payers in the Canadian market (1.85%).
High Dividend: EIF's dividend (5.03%) is in the top 25% of dividend payers in the Canadian market (4.92%)
Stability and Growth of Payments
Stable Dividend: EIF's dividends per share have been stable in the past 10 years.
Growing Dividend: EIF's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (133.2%), EIF's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EIF is paying a dividend but the company has no free cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Pyle (57 yo)
Mr. Michael C. Pyle, also known as Mike, MBA, ICD D., has been an Independent Director of Next Hydrogen Solutions Inc. (formerly, BioHEP Technologies Ltd. & Next Hydrogen Corporation) since June 24, 2021....
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD2.52M) is about average for companies of similar size in the Canadian market ($USD2.17M).
Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.
Experienced Management: EIF's management team is seasoned and experienced (7.8 years average tenure).
Experienced Board: EIF's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EIF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.
Exchange Income Corporation's employee growth, exchange listings and data sources
- Name: Exchange Income Corporation
- Ticker: EIF
- Exchange: TSX
- Founded: NaN
- Industry: Airlines
- Sector: Transportation
- Implied Market Cap: CA$1.804b
- Shares outstanding: 39.76m
- Website: https://www.exchangeincomecorp.ca
Number of Employees
- Exchange Income Corporation
- 101-990 Lorimer Boulevard
- R3P 0Z9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|
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.