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EIF logo

Exchange Income TSX:EIF Stock Report

Last Price

CA$56.39

Market Cap

CA$2.7b

7D

2.0%

1Y

25.2%

Updated

20 Dec, 2024

Data

Company Financials +

Exchange Income Corporation

TSX:EIF Stock Report

Market Cap: CA$2.7b

EIF Stock Overview

Engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. More details

EIF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance3/6
Financial Health2/6
Dividends3/6

Rewards

Trading at 35.3% below our estimate of its fair value

Earnings are forecast to grow 26.69% per year

Earnings grew by 1.5% over the past year

Analysts in good agreement that stock price will rise by 22.9%

Risk Analysis

Dividend of 4.68% is not well covered by earnings or free cash flows

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year


My Notes

Capture your thoughts, links and company narrative

Exchange Income Corporation Competitors

Chorus Aviation

TSX:CHR

CA$588.2m

Air Canada

TSX:AC

CA$7.8b

Mullen Group

TSX:MTL

CA$1.3b

Westshore Terminals Investment

TSX:WTE

CA$1.4b

Price History & Performance

Summary of share price highs, lows and changes for Exchange Income
Historical stock prices
Current Share PriceCA$56.39
52 Week HighCA$57.69
52 Week LowCA$43.08
Beta1.98
1 Month Change1.42%
3 Month Change10.57%
1 Year Change25.20%
3 Year Change31.48%
5 Year Change22.99%
Change since IPO839.83%

Recent News & Updates

Exchange Income's (TSE:EIF) Returns Have Hit A Wall

Dec 11
Exchange Income's (TSE:EIF) Returns Have Hit A Wall

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Nov 19
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Recent updates

Exchange Income's (TSE:EIF) Returns Have Hit A Wall

Dec 11
Exchange Income's (TSE:EIF) Returns Have Hit A Wall

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Nov 19
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Nov 09
Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement

Jun 15
Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement

We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt

May 22
We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt

Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?

Apr 13
Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?

Returns At Exchange Income (TSE:EIF) Appear To Be Weighed Down

Feb 24
Returns At Exchange Income (TSE:EIF) Appear To Be Weighed Down

What Is Exchange Income Corporation's (TSE:EIF) Share Price Doing?

Jan 09
What Is Exchange Income Corporation's (TSE:EIF) Share Price Doing?

Are Investors Undervaluing Exchange Income Corporation (TSE:EIF) By 27%?

Dec 08
Are Investors Undervaluing Exchange Income Corporation (TSE:EIF) By 27%?

Is Exchange Income (TSE:EIF) A Risky Investment?

Nov 08
Is Exchange Income (TSE:EIF) A Risky Investment?

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.21

Oct 20
Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.21

Returns On Capital At Exchange Income (TSE:EIF) Have Stalled

Oct 11
Returns On Capital At Exchange Income (TSE:EIF) Have Stalled

Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.21

Sep 21
Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.21

Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today

Sep 11
Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21

Aug 20
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21

With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case

Jun 10
With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case

Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.21

May 21
Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.21

Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

May 11
Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

Is Exchange Income Corporation (TSE:EIF) Trading At A 33% Discount?

Apr 02
Is Exchange Income Corporation (TSE:EIF) Trading At A 33% Discount?

Is Exchange Income (TSE:EIF) Using Too Much Debt?

Mar 14
Is Exchange Income (TSE:EIF) Using Too Much Debt?

Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

Jan 25
Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

Shareholder Returns

EIFCA AirlinesCA Market
7D2.0%-2.0%-3.7%
1Y25.2%39.4%15.0%

Return vs Industry: EIF underperformed the Canadian Airlines industry which returned 39.4% over the past year.

Return vs Market: EIF exceeded the Canadian Market which returned 15% over the past year.

Price Volatility

Is EIF's price volatile compared to industry and market?
EIF volatility
EIF Average Weekly Movement2.3%
Airlines Industry Average Movement7.6%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: EIF has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: EIF's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/aMike Pylewww.exchangeincomecorp.ca

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.

Exchange Income Corporation Fundamentals Summary

How do Exchange Income's earnings and revenue compare to its market cap?
EIF fundamental statistics
Market capCA$2.67b
Earnings (TTM)CA$122.09m
Revenue (TTM)CA$2.63b

22.2x

P/E Ratio

1.0x

P/S Ratio

Is EIF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EIF income statement (TTM)
RevenueCA$2.63b
Cost of RevenueCA$1.69b
Gross ProfitCA$938.94m
Other ExpensesCA$816.85m
EarningsCA$122.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.54
Gross Margin35.72%
Net Profit Margin4.64%
Debt/Equity Ratio160.5%

How did EIF perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

102%

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 DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend10 days
Days until Dividend pay date25 days

Does EIF pay a reliable dividends?

See EIF dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Exchange Income Corporation is covered by 16 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MurrayATB Capital Markets
Matthew LeeCanaccord Genuity
Krista FriesenCIBC Capital Markets