CIXX:NYE-CI Financial Corp (USD)

COMMON STOCK | Asset Management | NYE

Last Closing Price

USD 15.42

Change

+0.14 (+0.92)%

Market Cap

USD 3.14B

Volume

0.06M

Average Target Price

USD 22.17 (+43.75%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries. The firm was founded in 1965 and is based in Toronto, Canada with additional offices in Vancouver, Canada; Calgary, Canada; and Montreal, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
BLK BlackRock, Inc

+7.75 (+0.97%)

USD122.20B 25.14 16.32
BAM Brookfield Asset Management In..

+0.27 (+0.60%)

USD68.62B 42.28 14.44
BX The Blackstone Group Inc

+0.15 (+0.20%)

USD54.03B 51.17 N/A
BK The Bank of New York Mellon Co..

+0.62 (+1.29%)

USD42.09B 12.53 N/A
BK-PC The Bank of New York Mellon Co..

N/A

USD41.70B 5.38 N/A
KKR KKR & Co. Inc

-0.28 (-0.54%)

USD29.76B 15.30 8.68
STT State Street Corporation

+2.06 (+2.44%)

USD29.42B 13.36 N/A
AMP Ameriprise Financial, Inc

+3.73 (+1.57%)

USD27.64B 19.43 N/A
STT-PG State Street Corporation

+0.02 (+0.07%)

USD22.61B 4.65 N/A
STT-PD State Street Corporation

-0.05 (-0.18%)

USD21.70B 4.48 N/A

ETFs Containing CIXX

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Asset Management)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 24.25% 93% A 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 24.25% 91% A- 82% B-
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 3.14B 95% A 66% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Asset Management)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.31 74% C 86% B
Price/Book Ratio 2.46 7% F 42% F
Price / Cash Flow Ratio 5.79 71% C- 61% D-
EV/EBITDA 6.17 77% C+ 83% B
Management Effectiveness  
Return on Equity 30.51% 97% A+ 93% A
Return on Invested Capital 17.43% 93% A 90% A-
Return on Assets 9.18% 98% A+ 94% A
Debt to Equity Ratio 142.33% 11% F 26% F
Technical Ratios  
Short Ratio 3.73 4% F 20% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.37 12% F 32% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector