Business Description
CI Financial Corp
NAICS : 523920
SIC : 7211
ISIN : CA1254911003
Description
CI Financial is a diversified provider of wealth management products and services, primarily in the Canadian market. The company had CAD 122.0 billion in fund assets under management, and another CAD 269.1 billion in wealth management assets under advisement, at the end of March 2023, making it one of the largest nonbank affiliated asset managers in Canada. The company operates its fund business through CI Global Asset Management, which offers a broad selection of investment funds. On the wealth management side, the company operates through CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, as well as a growing group of acquired U.S.-based advisors, providing financial advice primarily to high-net-worth individuals and families.
Financial Strength
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.06 | |||||
| Equity-to-Asset | 0.18 | |||||
| Debt-to-Equity | 2.49 | |||||
| Debt-to-EBITDA | 4.55 | |||||
| Interest Coverage | 6.41 | |||||
| Piotroski F-Score | 5/9 | |||||
| Altman Z-Score | 0.6 | |||||
| Beneish M-Score | -2.26 | |||||
| WACC vs ROIC | ||||||
Growth Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 16.1 | |||||
| 3-Year EBITDA Growth Rate | 3.9 | |||||
| 3-Year EPS without NRI Growth Rate | -5.3 | |||||
| 3-Year FCF Growth Rate | 11.8 | |||||
| 3-Year Book Growth Rate | 11.1 | |||||
| Future 3-5Y Total Revenue Growth Rate | 0.17 |
Momentum Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 68.17 | |||||
| 9-Day RSI | 57.67 | |||||
| 14-Day RSI | 54.23 | |||||
| 6-1 Month Momentum % | -4.17 | |||||
| 12-1 Month Momentum % | -15.84 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 0.6 | |||||
| Quick Ratio | 0.6 | |||||
| Cash Ratio | 0.08 | |||||
| Days Sales Outstanding | 33.38 | |||||
| Days Payable | 605.03 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 5.41 | |||||
| Dividend Payout Ratio | 0.32 | |||||
| 3-Year Dividend Growth Rate | -15.3 | |||||
| Forward Dividend Yield % | 5.41 | |||||
| 5-Year Yield-on-Cost % | 2.4 | |||||
| 3-Year Average Share Buyback Ratio | 6.8 |
Profitability Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 66.57 | |||||
| Operating Margin % | 30.86 | |||||
| Net Margin % | 14.55 | |||||
| ROE % | 26.82 | |||||
| ROA % | 4.97 | |||||
| ROIC % | 8.26 | |||||
| ROC (Joel Greenblatt) % | 420.65 | |||||
| ROCE % | 12.89 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 6.03 | |||||
| Forward PE Ratio | 4.11 | |||||
| PE Ratio without NRI | 5.96 | |||||
| Shiller PE Ratio | 5.71 | |||||
| Price-to-Owner-Earnings | 4.63 | |||||
| PEG Ratio | 0.92 | |||||
| PS Ratio | 0.87 | |||||
| PB Ratio | 1.48 | |||||
| Price-to-Free-Cash-Flow | 4.6 | |||||
| Price-to-Operating-Cash-Flow | 4.4 | |||||
| EV-to-EBIT | 8.32 | |||||
| EV-to-Forward-EBIT | 7.85 | |||||
| EV-to-EBITDA | 6.97 | |||||
| EV-to-Forward-EBITDA | 6.47 | |||||
| EV-to-Revenue | 2.13 | |||||
| EV-to-Forward-Revenue | 2.4 | |||||
| EV-to-FCF | 11.25 | |||||
| Price-to-Projected-FCF | 0.28 | |||||
| Price-to-DCF (Earnings Based) | 0.45 | |||||
| Price-to-DCF (FCF Based) | 0.37 | |||||
| Price-to-Median-PS-Value | 0.24 | |||||
| Price-to-Peter-Lynch-Fair-Value | 0.92 | |||||
| Earnings Yield (Greenblatt) % | 12.03 | |||||
| Forward Rate of Return (Yacktman) % | 26.05 |
Balance Sheet Breakdown
Cashflow Statement Breakdown
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsPeter Lynch Chart
Performance
Dividend
Log
Annualized Return %
Total Annual Return %
CI Financial Corp Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil C$) | 2,976.37 | ||
| EPS (TTM) (C$) | 2.21 | ||
| Beta | 1.58 | ||
| Volatility % | 31.03 | ||
| 14-Day RSI | 54.23 | ||
| 14-Day ATR (C$) | 0.616742 | ||
| 20-Day SMA (C$) | 12.8305 | ||
| 12-1 Month Momentum % | -15.84 | ||
| 52-Week Range (C$) | 11.85 - 18.69 | ||
| Shares Outstanding (Mil) | 184.52 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 5 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
CI Financial Corp Filings
| Document | Form | Filing Date | ||
|---|---|---|---|---|
| No Filing Data | ||||
CI Financial Corp Stock Events
| Event | Date | Price(C$) | ||
|---|---|---|---|---|
| No Event Data | ||||
CI Financial Corp Frequently Asked Questions
What is CI Financial Corp(TSX:CIX)'s stock price today?
The current price of TSX:CIX is C$13.31. The 52 week high of TSX:CIX is C$18.69 and 52 week low is C$11.85.
When is next earnings date of CI Financial Corp(TSX:CIX)?
The next earnings date of CI Financial Corp(TSX:CIX) is 2023-08-11 Est..
Does CI Financial Corp(TSX:CIX) pay dividends? If so, how much?
The Dividend Yield %  of CI Financial Corp(TSX:CIX) is 5.41% (As of Today), Highest Dividend Payout Ratio of CI Financial Corp(TSX:CIX) was 0.77. The lowest was 0.31. And the median was 0.65. The  Forward Dividend Yield % of CI Financial Corp(TSX:CIX) is 5.41%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
