CI Financial Corp trades with the ticker CIX on the TSX and is in the Asset Management industry.
Overview
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.
Looking to invest in CI Financial Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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CIX.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $2581.116MM
PE Ratio: 559.333
Price: 35.51 (Updated: 3/12/2024 0:47:16)
CI Financial Corp (CIX) vs Competitors in Asset Management
Lets see how CIX.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp
.Asset Management Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Aberdeen International Inc (AAB) | $2.898 | N/A | 1.021 | N/A% |
| AGF Management Limited (AGF-B) | $518.497 | 6.238 | 4.162 | 5.4% |
| Aimia Inc (AIM) | $274.455 | N/A | 3.924 | N/A% |
| Brookfield Asset Management Inc (BAM-A) | $96,441.909 | 20.732 | 12.159 | 1.6% |
| Canadian Banc Corp (BK) | $281.484 | N/A | 0.0 | 17.4% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Asset Management
- CI Financial Corp (CIX) vs Aberdeen International Inc (AAB)
- CIX has higher EPS (0.03 vs -0.12). CIX provides dividends, while AAB does not. AAB has a P/E under 0, indicating CIX (P/E 559.333) is in a better position.
- CI Financial Corp (CIX) vs AGF Management Limited (AGF-B)
- AGF-B has higher EPS (1.3 vs 0.03). AGF-B has higher dividend yield (5.4% vs 4.8%). CIX has a higher P/E ratio (559.333 vs 6.238) indicating it’s more expensive.
- CI Financial Corp (CIX) vs Aimia Inc (AIM)
- CIX has higher EPS (0.03 vs -1.8). CIX provides dividends, while AIM does not. AIM has a P/E under 0, indicating CIX (P/E 559.333) is in a better position.
- CI Financial Corp (CIX) vs Brookfield Asset Management Inc (BAM-A)
- BAM-A has higher EPS (2.84 vs 0.03). CIX has higher dividend yield (4.8% vs 1.6%). CIX has a higher P/E ratio (559.333 vs 20.732) indicating it’s more expensive.
- CI Financial Corp (CIX) vs Canadian Banc Corp (BK)
- CIX has higher EPS (0.03 vs -1.81). BK has higher dividend yield (17.4% vs 4.8%). BK has a P/E under 0, indicating CIX (P/E 559.333) is in a better position.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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