TSE:NFI

New Flyer Industries Inc. (NFI.TO)

22.34
+0.02 (0.09%)
as of Jun 8, 2026, 7:55:49 pm Market Open.
448 watching
0
Investor Insights
star iconJun 7, 2026, 12:00 am

This summary was created by AI, based on 6 opinions in the last 12 months.

New Flyer Industries Inc. (NFI-T) is seen by experts as a solid investment opportunity, particularly due to its strong backlog and reduced competition in the transit bus manufacturing industry. Although the company has faced supply chain challenges and production delays, particularly related to battery recalls, there is optimism that these issues are becoming manageable. Analysts note the importance of patience, as the backlog is expected to lead to significant profitability in the future. The stock is viewed as undervalued during current market conditions, particularly in the face of recent tax-loss selling, which experts believe has unfairly punished the company. Additionally, the public funding for transit services remains strong, and the company is uniquely positioned to benefit from emerging market demands, especially in electric buses.

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Consensus
Positive
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Valuation
Undervalued
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BYD,1211
TOP PICK
The cheapest stock in the TSX-300. It was pummeled down. They are the leader of the three bus manufacturers. He expects growth to pick up. It is under 9 times earnings. They generate great free cash flow and are virtually recession proof. It should grow to over $50. (Analysts’ price target is $48.14)
DON'T BUY
It was a high-flying stock until they ran into management and competition problems. He never got excited by NFI, failing to find their moat and feeling that their balance sheet wasn't that great. That said, he's never done a deep dive into NFI. Not on his radar. He'd need to see serious earnings growth first.
DON'T BUY
Average down? He wouldn't. He used to own this. He hasn't looked at NFI lately. Take a good look at their financials.
DON'T BUY
Cyclical, so you have to deal with the ups and downs of manufacturing. Was the favourite child in Canada, but now it's come down. If you've doubled your money, sell half. Remember, it's a bus company. You can hold it, but it's volatile, and he doesn't want to own something like that.
BUY
Yesterday they released sales figures and they were not as robust as some were expecting. He is kicking the tires hard on it now.
BUY
Down about 12% today. They put out Q4 sales results and the 2019 outlook. He owned it previously but was stopped out recently. The challenge is that a client has backed out of a large 100 bus order, which ended up going to auction and slowed buying interest in new orders. Buyers can't decide which energy source to use (gasoline, natural gas, electric, etc.), which is complicating the business. He thinks longer term it is oversold right now and is a buy.
WATCH
Stock's been beaten up. Sold half his position. Drop is a bit overdone. Slowing economy is having an impact. Well balanced between Canada and US. Fairly efficient. Could look at it at this level.
HOLD
The bus maker was recommended by him when it was trading at $8. He expects an index like return going forward as most of the bus inventory has been replaced. There may be some electric bus manufacturing opportunities in the future.
DON'T BUY
Got to an extreme high. Had a beautiful run. It is coming down to Earth. He wouldn't be surprised to see this stock coming down to 27 or even to 22. He would be very cautious even being a good company.
TOP PICK
A long term holding for him. The stock price is almost half of its high. The National Bank released a report recently that highlighted how they will do in a slowing economy and with other concerns in a favourable light. The company is trading at 6.3 times earnings versus historical average of 9 times. A steady grower with a 2.5 year backlog in orders. Yield 4.7%. (Analysts’ price target is $54.14)
BUY
It has been a rough ride over the last year, down over 40%. It has run up and then missed on earnings. It is a recession proof business. He is a buyer at these levels. It's an entry point.
DON'T BUY
He used to follow this. It's taken a beating because of protectionism and budgets to buy buses have been slashed. The 4% dividend is interesting, but he'll stay away for now. Maybe later.
HOLD
This company has done well from acquisitions and from the replacement cycle. That cycle is cooling off and the order book is coming off. It is starting to reflect the slow growing nature of the bus market. They did very accretive acquisitions a few years ago and the tail wind is wearing off. It is trading where it probably should be.
DON'T BUY
The issue is that it has risen to almost 8 times book value and the cycle is no longer in its favour. He would look for weaker prices yet, especially if it does not hold this key technical support.
TOP PICK
The biggest bus and motor coach manufacturer in North America. It is trading at under 10 times PE. It is a recession-proof business. They have been buying back a lot of stock recently. (Analysts’ price target is $52.14)
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