CI Financial Corp. Logo

CI Financial Corp.

CIX.TO

(2.0)
Stock Price

18,12 CAD

2.72% ROA

0.38% ROE

41.11x PER

Market Cap.

2.493.866.200,00 CAD

278.28% DER

4.83% Yield

0.18% NPM

CI Financial Corp. Stock Analysis

CI Financial Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

CI Financial Corp. Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

The stock's ROE falls within an average range (5.67%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (3.8%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.81x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

The company's stock seems undervalued (352) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 DER

The stock is burdened with a heavy load of debt (239%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

CI Financial Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

CI Financial Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Hold

CI Financial Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

CI Financial Corp. Revenue
Year Revenue Growth
1996 146.800.000
1997 181.137.864 18.96%
1998 203.979.319 11.2%
1999 454.511.657 55.12%
2000 615.055.479 26.1%
2001 449.216.201 -36.92%
2002 576.202.784 22.04%
2003 844.673.000 31.78%
2004 1.082.278.000 21.95%
2006 0 0%
2007 1.654.907.000 100%
2008 1.511.912.000 -9.46%
2009 1.218.485.000 -24.08%
2010 1.378.395.000 11.6%
2011 1.496.293.000 7.88%
2012 1.457.742.000 -2.64%
2013 1.604.153.000 9.13%
2014 1.870.917.000 14.26%
2015 1.990.147.000 5.99%
2016 1.940.800.000 -2.54%
2017 2.111.296.000 8.08%
2018 2.236.365.000 5.59%
2019 2.119.227.000 -5.53%
2020 2.050.456.000 -3.35%
2021 2.727.000.000 24.81%
2022 2.426.343.000 -12.39%
2023 2.709.580.000 10.45%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

CI Financial Corp. Research and Development Expenses
Year Research and Development Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

CI Financial Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
1996 41.200.000
1997 46.469.561 11.34%
1998 48.280.548 3.75%
1999 82.970.207 41.81%
2000 99.659.799 16.75%
2001 16.507.862 -503.71%
2002 60.521.994 72.72%
2003 88.392.000 31.53%
2004 215.309.000 58.95%
2006 0 0%
2007 346.695.000 100%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 286.009.000 100%
2013 314.457.000 9.05%
2014 151.431.000 -107.66%
2015 164.605.000 8%
2016 178.927.000 8%
2017 209.634.000 14.65%
2018 232.836.000 9.96%
2019 223.364.000 -4.24%
2020 207.825.000 -7.48%
2021 702.300.000 70.41%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

CI Financial Corp. EBITDA
Year EBITDA Growth
1996 262.800.000
1997 72.655.682 -261.71%
1998 90.907.247 20.08%
1999 305.860.128 70.28%
2000 411.994.307 25.76%
2001 362.328.169 -13.71%
2002 290.519.194 -24.72%
2003 447.620.000 35.1%
2004 513.095.000 12.76%
2006 0 0%
2007 737.869.000 100%
2008 494.541.000 -49.2%
2009 367.990.000 -34.39%
2010 662.306.000 44.44%
2011 550.952.000 -20.21%
2012 539.466.000 -2.13%
2013 601.053.000 10.25%
2014 743.426.000 19.15%
2015 779.869.000 4.67%
2016 709.042.000 -9.99%
2017 779.328.000 9.02%
2018 905.953.000 13.98%
2019 815.118.000 -11.14%
2020 751.701.000 -8.44%
2021 792.700.000 5.17%
2022 953.705.000 16.88%
2023 826.032.000 -15.46%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

CI Financial Corp. Gross Profit
Year Gross Profit Growth
1996 146.800.000
1997 181.137.864 18.96%
1998 203.979.319 11.2%
1999 454.511.657 55.12%
2000 615.055.479 26.1%
2001 449.216.201 -36.92%
2002 576.202.784 22.04%
2003 844.673.000 31.78%
2004 1.082.278.000 21.95%
2006 0 0%
2007 1.654.907.000 100%
2008 859.206.000 -92.61%
2009 1.218.485.000 29.49%
2010 1.378.395.000 11.6%
2011 1.496.293.000 7.88%
2012 822.425.000 -81.94%
2013 915.738.000 10.19%
2014 1.094.140.000 16.31%
2015 1.175.854.000 6.95%
2016 1.149.649.000 -2.28%
2017 1.040.669.000 -10.47%
2018 1.147.410.000 9.3%
2019 1.082.276.000 -6.02%
2020 1.038.530.000 -4.21%
2021 1.745.100.000 40.49%
2022 2.020.305.000 13.62%
2023 2.268.428.000 10.94%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

CI Financial Corp. Net Profit
Year Net Profit Growth
1996 9.500.000
1997 8.550.611 -11.1%
1998 8.746.409 2.24%
1999 -2.089.542 518.58%
2000 11.498.937 118.17%
2001 -61.444.588 118.71%
2002 70.991.741 186.55%
2003 221.044.000 67.88%
2004 284.749.000 22.37%
2006 0 0%
2007 625.055.000 100%
2008 445.356.000 -40.35%
2009 244.846.000 -81.89%
2010 330.815.000 25.99%
2011 376.899.000 12.23%
2012 352.163.000 -7.02%
2013 426.395.000 17.41%
2014 525.044.000 18.79%
2015 553.494.000 5.14%
2016 503.002.000 -10.04%
2017 499.927.000 -0.62%
2018 617.476.000 19.04%
2019 538.396.000 -14.69%
2020 475.978.000 -13.11%
2021 409.300.000 -16.29%
2022 299.757.000 -36.54%
2023 -49.660.000 703.62%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

CI Financial Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 1 0%
2004 1 0%
2006 0 0%
2007 2 100%
2008 2 -100%
2009 1 0%
2010 1 100%
2011 1 0%
2012 1 0%
2013 2 0%
2014 2 0%
2015 2 0%
2016 2 0%
2017 2 50%
2018 2 0%
2019 2 0%
2020 2 0%
2021 2 0%
2022 2 -100%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

CI Financial Corp. Free Cashflow
Year Free Cashflow Growth
1996 47.400.000
1997 64.988.341 27.06%
1998 86.665.069 25.01%
1999 171.570.722 49.49%
2000 276.710.367 38%
2001 261.003.769 -6.02%
2002 177.331.032 -47.18%
2003 354.763.000 50.01%
2004 427.049.000 16.93%
2005 377.648.000 -13.08%
2007 669.725.000 43.61%
2008 573.902.000 -16.7%
2009 549.155.000 -4.51%
2010 392.197.000 -40.02%
2011 489.573.000 19.89%
2012 534.155.000 8.35%
2013 616.030.000 13.29%
2014 697.268.000 11.65%
2015 643.330.000 -8.38%
2016 642.517.000 -0.13%
2017 592.477.000 -8.45%
2018 592.143.000 -0.06%
2019 541.233.000 -9.41%
2020 512.847.000 -5.53%
2021 645.700.000 20.58%
2022 448.811.000 -43.87%
2023 86.490.000 -418.92%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

CI Financial Corp. Operating Cashflow
Year Operating Cashflow Growth
1996 49.000.000
1997 67.080.408 26.95%
1998 88.787.054 24.45%
1999 241.231.273 63.19%
2000 282.555.305 14.63%
2001 262.337.137 -7.71%
2002 177.838.376 -47.51%
2003 369.543.000 51.88%
2004 441.475.000 16.29%
2005 420.044.000 -5.1%
2007 677.611.000 38.01%
2008 583.304.000 -16.17%
2009 553.271.000 -5.43%
2010 576.685.000 4.06%
2011 511.050.000 -12.84%
2012 541.433.000 5.61%
2013 621.434.000 12.87%
2014 702.590.000 11.55%
2015 647.441.000 -8.52%
2016 654.710.000 1.11%
2017 612.403.000 -6.91%
2018 608.211.000 -0.69%
2019 558.009.000 -9%
2020 541.969.000 -2.96%
2021 665.900.000 18.61%
2022 478.916.000 -39.04%
2023 94.576.000 -406.38%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

CI Financial Corp. Capital Expenditure
Year Capital Expenditure Growth
1996 1.600.000
1997 2.092.067 23.52%
1998 2.121.985 1.41%
1999 69.660.551 96.95%
2000 5.844.938 -1091.81%
2001 1.333.368 -338.36%
2002 507.344 -162.81%
2003 14.780.000 96.57%
2004 14.426.000 -2.45%
2005 42.396.000 65.97%
2007 7.886.000 -437.61%
2008 9.402.000 16.12%
2009 4.116.000 -128.43%
2010 184.488.000 97.77%
2011 21.477.000 -759%
2012 7.278.000 -195.09%
2013 5.404.000 -34.68%
2014 5.322.000 -1.54%
2015 4.111.000 -29.46%
2016 12.193.000 66.28%
2017 19.926.000 38.81%
2018 16.068.000 -24.01%
2019 16.776.000 4.22%
2020 29.122.000 42.39%
2021 20.200.000 -44.17%
2022 30.105.000 32.9%
2023 8.086.000 -272.31%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

CI Financial Corp. Equity
Year Equity Growth
1996 55.800.000
1997 140.155.092 60.19%
1998 126.626.956 -10.68%
1999 292.085.037 56.65%
2000 260.833.822 -11.98%
2001 56.760.169 -359.54%
2002 632.724.939 91.03%
2003 1.533.869.000 58.75%
2004 1.472.762.000 -4.15%
2006 1.371.128.000 -7.41%
2007 1.450.667.000 5.48%
2008 1.601.712.000 9.43%
2009 1.610.935.000 0.57%
2010 1.613.640.000 0.17%
2011 1.620.185.000 0.4%
2012 1.661.307.000 2.48%
2013 1.808.588.000 8.14%
2014 1.887.741.000 4.19%
2015 1.876.660.000 -0.59%
2016 1.720.821.000 -9.06%
2017 1.866.723.000 7.82%
2018 1.432.926.000 -30.27%
2019 1.499.356.000 4.43%
2020 1.617.730.000 7.32%
2021 1.615.700.000 -0.13%
2022 1.623.662.000 0.49%
2023 1.255.247.000 -29.35%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

CI Financial Corp. Assets
Year Assets Growth
1996 97.300.000
1997 189.379.790 48.62%
1998 177.012.359 -6.99%
1999 532.346.366 66.75%
2000 457.003.823 -16.49%
2001 290.741.586 -57.19%
2002 1.025.650.004 71.65%
2003 2.493.762.000 58.87%
2004 2.664.070.000 6.39%
2006 2.739.402.000 2.75%
2007 3.626.549.000 24.46%
2008 3.594.519.000 -0.89%
2009 3.006.431.000 -19.56%
2010 3.265.266.000 7.93%
2011 3.084.982.000 -5.84%
2012 2.971.615.000 -3.81%
2013 3.093.969.000 3.95%
2014 3.015.967.000 -2.59%
2015 3.297.367.000 8.53%
2016 3.458.695.000 4.66%
2017 4.550.732.000 24%
2018 4.292.216.000 -6.02%
2019 4.367.806.000 1.73%
2020 6.359.836.000 31.32%
2021 8.659.700.000 26.56%
2022 9.708.358.000 10.8%
2023 9.850.966.000 1.45%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

CI Financial Corp. Liabilities
Year Liabilities Growth
1996 41.500.000
1997 49.224.698 15.69%
1998 50.385.403 2.3%
1999 237.299.962 78.77%
2000 192.588.057 -23.22%
2001 230.807.327 16.56%
2002 390.102.725 40.83%
2003 957.049.000 59.24%
2004 1.191.308.000 19.66%
2006 1.368.274.000 12.93%
2007 2.175.882.000 37.12%
2008 1.992.807.000 -9.19%
2009 1.395.496.000 -42.8%
2010 1.651.626.000 15.51%
2011 1.464.797.000 -12.75%
2012 1.295.627.000 -13.06%
2013 1.270.347.000 -1.99%
2014 1.109.529.000 -14.49%
2015 1.400.402.000 20.77%
2016 1.710.664.000 18.14%
2017 2.491.528.000 31.34%
2018 2.859.290.000 12.86%
2019 2.868.450.000 0.32%
2020 4.742.106.000 39.51%
2021 7.044.000.000 32.68%
2022 8.084.696.000 12.87%
2023 8.595.719.000 5.95%

CI Financial Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
15.96
Net Income per Share
0.37
Price to Earning Ratio
41.11x
Price To Sales Ratio
0.97x
POCF Ratio
5.67
PFCF Ratio
6.29
Price to Book Ratio
1.99
EV to Sales
2.24
EV Over EBITDA
6.59
EV to Operating CashFlow
13.23
EV to FreeCashFlow
14.58
Earnings Yield
0.02
FreeCashFlow Yield
0.16
Market Cap
2,49 Bil.
Enterprise Value
5,78 Bil.
Graham Number
8.03
Graham NetNet
-50.04

Income Statement Metrics

Net Income per Share
0.37
Income Quality
7.3
ROE
0.04
Return On Assets
0
Return On Capital Employed
0.12
Net Income per EBT
0.03
EBT Per Ebit
0.25
Ebit per Revenue
0.21
Effective Tax Rate
0.96

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.78
Operating Profit Margin
0.21
Pretax Profit Margin
0.05
Net Profit Margin
0

Dividends

Dividend Yield
0.05
Dividend Yield %
4.83
Payout Ratio
2.15
Dividend Per Share
0.74

Operating Metrics

Operating Cashflow per Share
2.7
Free CashFlow per Share
2.45
Capex to Operating CashFlow
-0.09
Capex to Revenue
-0.02
Capex to Depreciation
-0.23
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
56.42
Days Payables Outstanding
1204.39
Days of Inventory on Hand
0
Receivables Turnover
6.47
Payables Turnover
0.3
Inventory Turnover
0
Capex per Share
-0.25

Balance Sheet

Cash per Share
1,32
Book Value per Share
7,69
Tangible Book Value per Share
7.77
Shareholders Equity per Share
7.69
Interest Debt per Share
22.49
Debt to Equity
2.78
Debt to Assets
0.35
Net Debt to EBITDA
3.74
Current Ratio
0.35
Tangible Asset Value
-6,38 Bil.
Net Current Asset Value
-6,97 Bil.
Invested Capital
2.78
Working Capital
-3,04 Bil.
Intangibles to Total Assets
0.77
Average Receivables
0,39 Bil.
Average Payables
1,41 Bil.
Average Inventory
0
Debt to Market Cap
1.39

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

CI Financial Corp. Dividends
Year Dividends Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 1 0%
2005 0 0%
2006 1 100%
2007 2 50%
2008 2 -100%
2009 0 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 100%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

CI Financial Corp. Profile

About CI Financial Corp.

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.

CEO
Mr. Kurt MacAlpine
Employee
2.416
Address
15 York Street,
Toronto, M5J 0A3

CI Financial Corp. Executives & BODs

CI Financial Corp. Executives & BODs
# Name Age
1 Mr. Murray Oxby
Vice President of Communications
70
2 Mr. Amit Muni CPA
Executive Vice President & Chief Financial Officer
70
3 Mr. Darie P. Urbanky
President, Chief Operating Officer & Co-Head of CI Global Asset Management
70
4 Dr. Marc-André Lewis Ph.D.
Executive Vice President, Chief Investment Officer & Co-Head of CI Global Asset Management
70
5 Mr. Edward Douglas Kelterborn B.A., L.L.B.
Executive Vice President & Chief Legal Officer
70
6 Ms. Manisha Burman
Executive Vice President & Chief Human Resources Officer
70
7 Mr. Amarjit Kaur Anderson
Chief Risk Officer
70
8 Mr. Kurt MacAlpine
Chief Executive Officer & Director
70
9 Ms. Julie Lynn Silcox
Executive Vice President & Chief Marketing Officer
70
10 Mr. Jason Lee Weyeneth C.F.A.
Vice President of Investor Relations & Strategy
70

CI Financial Corp. Competitors