TSE:NFI

New Flyer Industries Inc. (NFI.TO)

22.28
-0.04 (0.18%)
as of Jun 8, 2026, 3:41:42 pm Market Open.
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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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TOP PICK
Manufactures public transit buses. An income deposit security, which means it is not going to be impacted by the income trust changes in 2011. Just announced a new $1 billion loss order, which extended their backlog out from 4 years to 5. Sustainable 15% yield.
BUY
Backlog is still quite healthy but a little lower than what some analysts were expecting. There is also concern that some municipal transit authorities will not be able to get financing for bus purchases. Feels this is a good entry point.
BUY
Not an income trust structure so won't be caught by the CIFT (?) Rules. Manufacture urban buses. Order backlog is close to record levels. Delivering a lot of higher margin buses and winning market share.
BUY
Largest manufacturer of mass transit buses in North America. Investment bankers created the IPS structure to mimic income trusts sold will not be impacted by the trust legislation. Paying taxes on their US holdings. Outlook is quite good.
TOP PICK
Mass transit is going to be a growing business and this is the largest manufacturer of mass transit buses in North America. Has a $3 billion backlog that gives them about 3 years.
PAST TOP PICK
(A Top Pick May 12/06. Down 1.6%.) Developing buses that will increase fuel efficiency. Probably be a takeout within 12 months. He sold for tax losses.
COMMENT
Large bus manufacturer. 4th quarter had some disappointments, but they were adding capacity at that time. Seems to have addressed most of their operational issues and it should be all right.
PAST TOP PICK
(A Top Pick Oct 13/06. Up 5%.) An IPF structure and should not be affected by the government ruling. Manufactures buses and if there is a continuing high energy cost, there should be more density in urban transit.
DON'T BUY
Because of their structure, they were not caught in the income trust changes. Would be a little careful until the rules are clear. A high degree of volatility.
BUY
A main competitor was recently a target of private equity players at a very high multiple. This implied a much higher price for this stock, which gave it a boost. Business is growing very quickly.
BUY
Manufacture buses for cities across North America. 3rd quarter will be a bit weak because of a strike they had. Management sees a good outlook for 2007 as their order book is quite healthy.
TOP PICK
(A Top Pick July 28/06. Down 4.2%.) Had a strike in Winnipeg in April/May resulting in a bad second-quarter. One of the 3 main builders of city buses. Have a good platform of diesel-electric hybrid and fuel efficient diesel.
TOP PICK
(A Top Pick May 12. Down 9%.) Affected by a strike which has now been settled. Signed a number of quite large contracts. 2nd quarter will be bad, sold look for a selloff and buy at that time.
DON'T BUY
Manufacturer of transit buses. Most of their orders come from municipalities and they can be quite fickle. That has been a concern. There was recently a work stoppage at one of their plants and was closed for a number of weeks so guidance was reduced. Too risky for him.
DON'T BUY
Manufacturer of buses out of Winnipeg Not a bad trust in that he thinks there will be more push towards public transport. Doesn't think it's suited as an income trust. Very cyclical.
Showing 451 to 465 of 467 entries