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.
448 watching
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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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BYD,1211
DON'T BUY
Rough times. Backlogs come and go. One of the world's leaders. Acquisition a while ago heavily indebted them. Supply chain disruptions, higher input costs, delivery delays. Competitive area, especially with EVs.
DON'T BUY
They've fallen into a tough time due to supply chain issues. They are bleeding cash. 9% of shares are shorted because the street expects them to raise equity at a terrible time which will dilute existing shares. They remain a well-run business, a successful Canadian company. They generate over $2 billion revenues. They have an order backlog and hold a strong position in the bus industry.
HOLD
Fleet renewal is an issue, but as people return to offices, this will improve. Also is concerned about their debt levels. Hold it through the reopening to see what happens.
PAST TOP PICK
(A Top Pick Mar 05/21, Down 38%) Sold earlier and wouldn't buy today Produces internal combustion engines and electric buses. There are continuing supply chain problems with computer chips and important parts.
PAST TOP PICK
(A Top Pick Mar 09/21, Down 47%) Expecting company to recover as supply chain issues resolve & Covid-19 ends. Auto industry has been negativity affected by supply chain issues. Covid-19 also tough on business model of selling buses. Increased travel will help business generate more revenue. Current stock price presenting opportunity to buy.
WEAK BUY
Short term given Covid buses were empty, but public transit will come back. So, NFI is well-positioned. Company financials have been shaky. He hopes the stock comes back in coming year.
WAIT
Despite new orders, analysts' earnings forecasts have checked back. Stock remains on the expensive side, and the price is pulling down. A really good company, so he hopes it turns around. Be cautious about getting too frisky with this stock right now.
COMMENT
They've been announcing a lot of orders lately, which should help long-term. But she wants to see execution of their strategy and their orders when they can produce them (considering current supply shortages).
WEAK BUY
Supply chain issues have hurt it and it has missed a couple of quarters so is in the penalty box. Has higher debt levels and questions around the balance sheet built in. Buy in a non-registered account. Had exciting news today with an order from New York City for electric buses.
PAST TOP PICK
(A Top Pick Mar 09/21, Down 36%) A big disappointment, punished by the pandemic and supply issues. But once we exit the pandemic, things here should pick up. NFI just bid on an order for hybrid buses in Mississauga; cities need to replace aging fleets. They also can sell parts. The PE is depressed.
BUY
Great growth in front of it. Rough couple of years through pandemic. Premier supplier of electric buses in NA, which bodes well with infrastructure spend in Canada and US. Future is bright. Cheaper valuation than other transportation picks. He's buying.
COMMENT

Watching stock. Valuation has been low the past few months. Electric bus growth is strong. Chip shortage is negatively affecting growth. Supply chain recovery will improve company.

TOP PICK
Well positioned in electric buses. Major market share in NA transit buses. Motor coaches have not been selling that well, due to lack of travel. European operation. Compelling valuation, pretty beat up, overdone. Will get their share of recent US dollar allocation. Benefit may not be immediate, but it will come. Yield is 3.91%. (Analysts’ price target is $28.00)
TOP PICK
It's getting too cheap to ignore. Supply chain issues and lower guidance have pressured the stock, but everybody is suffering the former. Before that, they did an equity issue to shore up their balance sheet; the market didn't like that. NFI is the only North American producer of green-power buses while transit companies are under pressure to green their fleet, and the costs of running those fleets is positive. The secular trends favour NFI long term. (Analysts’ price target is $29.20)
SHORT
Short position. Valuation and volatility are concerns. Balance sheet shows a lot of debt. Pays a yield but they do not have good cashflow. Would not look at it. 52% debt to enterprise value.
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