
TSE:EIF
This summary was created by AI, based on 15 opinions in the last 12 months.
Exchange Income Corporation (EIF) has garnered positive reviews from various analysts who highlight its solid financial performance and strong business fundamentals. Analysts note that the company's diverse operations in the aviation and industrial sectors positions it well for continued growth, especially with increased investment in Canada's Arctic regions. The company also benefits from a healthy dividend that has shown periodic growth, making it an attractive option for income-focused investors. Some experts recommend initiating positions, while others advocate waiting for a potential pullback for a better entry point. Overall, they agree on the strong management team and the potential long-term value the company offers.
He met the company last year. Similar to DIV-T, comprised of many businesses, and you buy this for the dividend. There are some good businesses here, but valuing those companies can be difficult. Good for dividend investors.
Just made a recent acqusition that's doing well. 78% payout ratio. 7% dividend is fine this year. Sees 20% EPS growth. 11x earnings, lower than 14x 4-year average. He likes it. It's held up really well when other industrials are getting killed. The one problem though is their net debt-to-EBITDA which is 3x. This is trending in the right direction.
Payout ratio is 78%, pretty safe. Modelling 20% EPS growth. Recent acquisition is performing well. Pretty cheap. Have had higher labour costs. Two things to watch: 1) very whippy, as it’s a small cap, 2) balance sheet, if we’re going into a recession. If we don’t have a recession for a while, you can do quite well. (Analysts’ price target is around $34.)