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FFN : North American Financial 15 Split Corp Stock Profile

Qayyum Rajan is a CFA Charterholder who has previously worked at CIBC, RBC Dominion Securities and Sentry Investments before creating his own fintech ventures.He has been a financial advisor, analyst and portfolio manager who is passionate about helping people reach their financial goals.Qayyum is the owner of Wealth Awesome where he writes financial content and creates tools for over 20,000 Canadian investors.

Expertises: finance, investment, stocks
 
Last Updated:
North American Financial 15 Split Corp trades with the ticker FFN on the TSX and is in the Asset Management industry.
Overview
North American Financial 15 Split Corp. is an equity mutual fund launched by Quadravest Inc. It is managed by Quadravest Capital Management Inc. The fund invests in public equity markets of United States and Canada. It invests in high quality portfolio of preferred shares and Class A shares of 15 financial services companies. The fund employs investment strategy along with fundamental based equity investing with covered call writing to create its portfolio. It was formerly known as Financial 15 Split Corp. II. North American Financial 15 Split Corp. was formed on October 15, 2004 and is domiciled in Canada.
 

FFN.TO Stock Price and Key Stats

FFN Stock Key Stats

Exchange: TSX

Market Cap : $314.701MM

PE Ratio: 2.073

Price: (Updated: )

North American Financial 15 Split Corp (FFN) vs Competitors in Asset Management

Lets see how FFN.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, Brookfield Asset Management Inc, Canadian Banc Corp, Sprott Physical Gold and Silver Trust

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Asset Management Industry Comparisons

CompanyMarket Cap ($MM)P/E RatioEV/EBITDADividend Yield
Aberdeen International Inc (AAB)$5.795N/A1.021N/A%
AGF Management Limited (AGF-B)$549.5286.474.9615.4%
Brookfield Asset Management Inc (BAM-A)$96,441.90920.73212.1591.6%
Canadian Banc Corp (BK)$341.1164.850.014.8%
Sprott Physical Gold and Silver Trust (CEF)$6,656.24117.237-364.354N/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 Asset Management

  • North American Financial 15 Split Corp (FFN) vs Aberdeen International Inc (AAB)
    • FFN has higher EPS (2.87 vs -0.1). FFN provides dividends, while AAB does not. AAB has a P/E under 0, indicating FFN (P/E 2.073) is in a better position.
  • North American Financial 15 Split Corp (FFN) vs AGF Management Limited (AGF-B)
    • FFN has higher EPS (2.87 vs 1.32). FFN has higher dividend yield (24.3% vs 5.4%). AGF-B has a higher P/E ratio (6.47 vs 2.073) indicating it’s more expensive.
  • North American Financial 15 Split Corp (FFN) vs Brookfield Asset Management Inc (BAM-A)
    • FFN has higher EPS (2.87 vs 2.84). FFN has higher dividend yield (24.3% vs 1.6%). BAM-A has a higher P/E ratio (20.732 vs 2.073) indicating it’s more expensive.
  • North American Financial 15 Split Corp (FFN) vs Canadian Banc Corp (BK)
    • FFN has higher EPS (2.87 vs 2.33). FFN has higher dividend yield (24.3% vs 14.8%). BK has a higher P/E ratio (4.85 vs 2.073) indicating it’s more expensive.
  • North American Financial 15 Split Corp (FFN) vs Sprott Physical Gold and Silver Trust (CEF)
    • FFN has higher EPS (2.87 vs 1.9). FFN provides dividends, while CEF does not. CEF has a higher P/E ratio (17.237 vs 2.073) indicating it’s more expensive.
 
Our Recommendation: Hold
Has a lower P/E ratio (2.07) than the industry average (6.62), indicating potential undervaluation. Features a lower EV/EBITDA ratio (0.00) than the industry average (1.66), indicating attractive valuation.
 

How to Buy FFN 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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