
Exchange Income Corp
TSX:EIF

Intrinsic Value
Exchange Income Corp. is a diversified, acquisition-oriented company, which focuses on opportunities in the manufacturing and aviation business. [ Read More ]
The intrinsic value of one
EIF
stock under the Base Case scenario is
81.93
CAD.
Compared to the current market price of 46.24 CAD,
Exchange Income Corp
is
Undervalued by 44%.

Valuation History
Exchange Income Corp

Intrinsic Value History...
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Fundamental Analysis
2023-Q3 Earnings Call
NEW
Artifical Intelligence Analysis
Exchange Income Corporation celebrated a striking Q3 with revenues soaring 17% to $688 million and adjusted EBITDA growing 12% to $168 million compared to last year. Free cash flow less maintenance capex rose 8% to $74 million, but on a per share basis, it dipped 6% to $1.60. Despite heightened interest costs, net earnings hit $50 million, a 12% decline per share to $1.06. Adjusted net earnings modestly increased by $1 million. The company is confident in future performance, underpinning a 5% dividend raise from $2.52 to $2.64. Key sectors such as air service, aerospace, and multistory window solutions witnessed improvements, the latter bolstered by BVGlazing's acquisition. Precision manufacturing also performed robustly, and the Environmental Access Solutions business outperformed its return on capital targets. The company's investments in Air Canada and medevac contracts anticipate positive effects in the coming quarters.
Balance Sheet Decomposition
Exchange Income Corp
Current Assets | 1.2B |
Cash & Short-Term Investments | 64.2m |
Receivables | 625m |
Other Current Assets | 463m |
Non-Current Assets | 2.8B |
Long-Term Investments | 124m |
PP&E | 1.7B |
Intangibles | 993m |
Other Non-Current Assets | 25.5m |
Current Liabilities | 595m |
Accounts Payable | 427m |
Other Current Liabilities | 168m |
Non-Current Liabilities | 2.1B |
Long-Term Debt | 1.9B |
Other Non-Current Liabilities | 217m |
EIF Profitability Score
Profitability Due Diligence
Exchange Income Corp's profitability score is 54/100. The higher the profitability score, the more profitable the company is.

Score
Exchange Income Corp's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
EIF Solvency Score
Solvency Due Diligence
Exchange Income Corp's solvency score is 32/100. The higher the solvency score, the more solvent the company is.

Score
Exchange Income Corp's solvency score is 32/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
EIF Price Targets Summary
Exchange Income Corp
According to Wall Street analysts, the average 1-year price target for
EIF
is 64.36 CAD
with a low forecast of 58.58 CAD and a high forecast of 73.5 CAD.
Shareholder Return
EIF Price
Exchange Income Corp
Average Annual Return | 22.06% |
Standard Deviation of Annual Returns | 34.71% |
Max Drawdown | -68% |
Market Capitalization | 2.2B CAD |
Shares Outstanding | 46 998 900 |
Percentage of Shares Shorted | 1.16% |
Company Profile


Country
Industry
Market Cap
Dividend Yield
Description
Exchange Income Corp. is a diversified, acquisition-oriented company, which focuses on opportunities in the manufacturing and aviation business. The company is headquartered in Winnipeg, Manitoba. The company went IPO on 2004-05-07. The firm segments include Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located in Manitoba, Ontario and Nunavut. The firm also develops training solutions for the United States Department of Defense, government, and commercial training programs. The company provides pilot and sensor operator crew training on both manned and unmanned military aircraft. The Manufacturing segment provides manufactured goods and related services in various industries and geographic markets throughout North America. The Manufacturing segment includes the operations of WesTower CDA, Stainless Fabrication, Inc., Overlanders Manufacturing LP, and Ben Machine Products Company Inc.
Contact
IPO
Employees
Officers
The intrinsic value of one
EIF
stock under the Base Case scenario is
81.93
CAD.
Compared to the current market price of 46.24 CAD,
Exchange Income Corp
is
Undervalued by 44%.