Exchange Income Corp
TSX:EIF

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Exchange Income Corp
TSX:EIF
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Price: 55.16 CAD -2.3% Market Closed
Market Cap: 2.7B CAD
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Relative Value

The Relative Value of one EIF stock under the Base Case scenario is 102.79 CAD. Compared to the current market price of 55.16 CAD, Exchange Income Corp is Undervalued by 46%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EIF Relative Value
Base Case
102.79 CAD
Undervaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1
P/S
P/S
Price to Sales
1
vs History
39
vs Industry
19
Median 3Y
1
Median 5Y
1
Industry
0.5
Forward
1
More Details
21.5
P/E
P/E
Price to Earnings
21.5
vs History
34
vs Industry
12
Median 3Y
20.1
Median 5Y
20.1
Industry
8.9
Forward
18
More Details
6.8
P/OCF
P/OCF
Price to OCF
6.8
vs History
15
vs Industry
13
Median 3Y
6.5
Median 5Y
5.9
Industry
3.6
More Details
62.6
P/FCFE
P/FCFE
Price to FCFE
62.6
vs History
9
vs Industry
Median 3Y
7.7
Median 5Y
8.2
Industry
10.1
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
12
vs Industry
35
Median 3Y
1.9
Median 5Y
1.9
Industry
2.2
More Details
1.8
EV/S
EV/S
Enterprise Value to Sales
1.8
vs History
50
vs Industry
19
Median 3Y
1.8
Median 5Y
1.8
Industry
0.9
Forward
1.7
More Details
5
EV/GP
EV/GP
Enterprise Value to Gross Profit
5
vs History
46
vs Industry
31
Median 3Y
5.1
Median 5Y
5
Industry
3.2
More Details
7.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.7
vs History
50
vs Industry
32
Median 3Y
7.9
Median 5Y
7.9
Industry
6.7
Forward
7.4
More Details
15.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
15.3
vs History
57
vs Industry
23
Median 3Y
15.6
Median 5Y
15.9
Industry
10.3
Forward
13.4
More Details
12.1
EV/OCF
EV/OCF
Enterprise Value to OCF
12.1
vs History
17
vs Industry
21
Median 3Y
11.6
Median 5Y
10.9
Industry
6.7
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-38.6
Median 5Y
-35.3
Industry
11
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
20
vs Industry
20
Median 3Y
1.2
Median 5Y
1.2
Industry
0.8
More Details

Multiples Across Competitors

EIF Competitors Multiples
Exchange Income Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Exchange Income Corp
TSX:EIF
2.6B CAD 1 21.5 7.7 15.3
US
Delta Air Lines Inc
NYSE:DAL
42B USD 0.7 12.2 6.2 8.8
US
United Airlines Holdings Inc
NASDAQ:UAL
34.4B USD 0.6 12.4 9.1 9.1
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
19.5B CHF 0 -1 404.3 -1 404.9 -1 404.9
IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR 1.1 8 4.5 6.8
US
Southwest Airlines Co
NYSE:LUV
19.6B USD 0.7 -399.4 11.7 -42.3
UK
International Consolidated Airlines Group SA
LSE:IAG
15B GBP 0.5 6.8 57.5 92
IN
Interglobe Aviation Ltd
NSE:INDIGO
1.5T INR 2.1 23.3 9.9 18.1
CN
Air China Ltd
SSE:601111
120.8B CNY 0.7 -253.8 -410.1 -410.1
CN
China Southern Airlines Co Ltd
SSE:600029
109.3B CNY 0.6 -30.7 60.9 60.9
SG
Singapore Airlines Ltd
SGX:C6L
18.7B SGD 1 9.5 4.8 10.3
P/E Multiple
Earnings Growth PEG
CA
Exchange Income Corp
TSX:EIF
Average P/E: 13.4
21.5
23%
0.9
US
Delta Air Lines Inc
NYSE:DAL
12.2
15%
0.8
US
United Airlines Holdings Inc
NASDAQ:UAL
12.4
22%
0.6
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.3 N/A N/A
IE
R
Ryanair Holdings PLC
LSE:RYA
8
14%
0.6
US
Southwest Airlines Co
NYSE:LUV
Negative Multiple: -399.4
46%
N/A
UK
International Consolidated Airlines Group SA
LSE:IAG
6.8
2%
3.4
IN
Interglobe Aviation Ltd
NSE:INDIGO
23.3
6%
3.9
CN
Air China Ltd
SSE:601111
Negative Multiple: -253.8 N/A N/A
CN
China Southern Airlines Co Ltd
SSE:600029
Negative Multiple: -30.7 N/A N/A
SG
Singapore Airlines Ltd
SGX:C6L
9.5
-21%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Exchange Income Corp
TSX:EIF
Average EV/EBIT: 27.6
15.3
16%
1
US
Delta Air Lines Inc
NYSE:DAL
8.8
10%
0.9
US
United Airlines Holdings Inc
NASDAQ:UAL
9.1
9%
1
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.9 N/A N/A
IE
R
Ryanair Holdings PLC
LSE:RYA
6.8
11%
0.6
US
Southwest Airlines Co
NYSE:LUV
Negative Multiple: -42.3
69%
N/A
UK
International Consolidated Airlines Group SA
LSE:IAG
92
8%
11.5
IN
Interglobe Aviation Ltd
NSE:INDIGO
18.1
10%
1.8
CN
Air China Ltd
SSE:601111
Negative Multiple: -410.1
323%
N/A
CN
China Southern Airlines Co Ltd
SSE:600029
60.9
41%
1.5
SG
Singapore Airlines Ltd
SGX:C6L
10.3
-18%
N/A

See Also

Summary
EIF intrinsic value, competitors valuation, and company profile.
DCF Valuation
EIF stock valuation using Discount Cash Flow valuation method.
Relative Valuation
EIF stock valuation using valuation multiples.
Wall Street Estimates
EIF price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
EIF stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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