TSE:EIF
Exchange Income (EIF.TO)
Financials 
Technical Analysis 
Sep 4, 2026, 12:00 amThis summary was created by AI, based on 19 opinions in the last 12 months.
Exchange Income (EIF-T) has received strong endorsements from multiple experts, highlighting its diverse business model centered around aviation and manufacturing. The company operates a unique aerospace platform, particularly in Northern Canada, where its services are essential, such as air ambulances and intelligence flights. Its acquisition strategy has allowed for consistent revenue growth, making it resilient during economic fluctuations. With a solid financial track record and multiple earnings streams, experts emphasize its potential for long-term gains despite concerns over its current valuation. Analysts believe in the company's strong future, driven by increasing demands related to defense spending and growth in Arctic regions.
He likes this name. Its 2013 payout ratio is very high, but on his 2014 assumed numbers, from them turning around their West Tower asset. If they can achieve 4.5% margins in 2014 on that asset and 7% in 2015, he models a 55% 2015 payout ratio. If that’s the case, the 9.7% dividend is fine. He also sees it trading at a very fair value of 8.7X 2015 right now.
Greg Newman
He no longer covers this. Something like a Mosaic Capital (M-X) in that they buy businesses and leave management in place and just get the dividend and do capital allocation. Started off in the airline space doing ambulatory airlines, basically up north doing evacuations. A good business because government pays you, pays well and pays on time. They took the cash and made other acquisitions and some of them have not worked out that well. That’s the risk with these things. This one is a “wait and see” for him.
Likes the business. Well run. Nice to be that diversified. There is more opportunity. Likes management.
Fabrice Taylor
Jeffrey F. OlinJeffrey F. OlinJeffrey F. Olin
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Primarily held by retail investors. One of his largest short positions. 60% of revenues come from servicing AT&T towers. Another business is related to airlines. He is not excited about either one. Contacts are coming up for renewal in September and they are not profitable. He calls this an absolute short because he thinks it will go down regardless of whether the market goes up or down. Does not think the dividend is safe.