CXI : Currency Exchange International, Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Currency Exchange International, Corp trades with the ticker CXI on the TSX and is in the Capital Markets industry.

Overview
Currency Exchange International, Corp. provides foreign exchange technology and processing services in North America. It offers financial institutions, international wire payments, foreign check clearing, foreign bank note exchange, and foreign draft issuance solutions; corporate, hedge and risk management, and international payment solutions; and international traveler’s, foreign currency exchange, gold bullion coins and bars, and American Express traveler’s cheque solutions. The company serves financial institutions and money service businesses, as well as travel, technology, payroll, healthcare, and nonprofit sectors. The company was formerly known as Currency Exchange International, Inc. and changed its name to Currency Exchange International, Corp. in October 2007. Currency Exchange International, Corp. was incorporated in 1998 and is headquartered in Orlando, Florida.
 

Looking to invest in Currency Exchange International, Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CXI.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $157.863MM

PE Ratio: 11.951

Price: 24.55 (Updated: 3/12/2024 0:47:16)



Currency Exchange International, Corp (CXI) vs Competitors in Capital Markets

Lets see how CXI.TO stacks up against others in the Capital Markets asset management industry. We have identified its main peers as:

Canaccord Genuity Group Inc, FAX Capital Corp, GMP Capital Inc, Pinetree Capital Ltd, Sunwah International Limited

.

Capital Markets Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Canaccord Genuity Group Inc (CF) $823.643 N/A 3.393 4.2%
Currency Exchange International, Corp (CXI) $157.863 11.951 2.957 N/A%
FAX Capital Corp (FXC) $219.835 N/A 14.43 0.0%
GMP Capital Inc (GMP) $284.973 11.353 76.31 7.7%
Pinetree Capital Ltd (PNP) $47.686 8.328 0.0 N/A%

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 Capital Markets

  • Currency Exchange International, Corp (CXI) vs Canaccord Genuity Group Inc (CF)
    • CXI has higher EPS (2.05 vs -0.3). CF provides dividends, while CXI does not. CF has a P/E under 0, indicating CXI (P/E 11.951) is in a better position.
  • Currency Exchange International, Corp (CXI) vs FAX Capital Corp (FXC)
    • CXI has higher EPS (2.05 vs -0.07). FXC provides dividends, while CXI does not. FXC has a P/E under 0, indicating CXI (P/E 11.951) is in a better position.
  • Currency Exchange International, Corp (CXI) vs GMP Capital Inc (GMP)
    • CXI has higher EPS (2.05 vs -0.374). GMP provides dividends, while CXI does not. CXI has a higher P/E ratio (11.951 vs 11.353) indicating it’s more expensive.
  • Currency Exchange International, Corp (CXI) vs Pinetree Capital Ltd (PNP)
    • CXI has higher EPS (2.05 vs 0.61). CXI has a higher P/E ratio (11.951 vs 8.328) indicating it’s more expensive.
  • Currency Exchange International, Corp (CXI) vs Sunwah International Limited (SWH)
    • CXI has higher EPS (2.05 vs -0.058). SWH provides dividends, while CXI does not. SWH has a P/E under 0, indicating CXI (P/E 11.951) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (2.96) than the industry average (15.86), indicating attractive valuation.
 

How to Buy CXI stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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