
TSE:EIF
This summary was created by AI, based on 16 opinions in the last 12 months.
Exchange Income, symbol EIF-T, has garnered positive reviews from various experts who highlight its strong business performance and potential for growth, particularly in the aviation and industrial sectors. The company is well-positioned as Canada's largest aviation provider in the North and stands to benefit from increased defense spending and infrastructure investments. Its dividend history is impressive, having increased 18 times over the past two decades, contributing to a solid income growth narrative. While the stock is perceived to be on the expensive side with a PE ratio around 28x, analysts believe it deserves a premium due to its proven track record and robust revenue growth. There is a consensus on its attractiveness for long-term investors, with suggestions to wait for a possible pullback for better entry points.
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.