FXC : FAX Capital Corp Stock Profile

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

FAX Capital Corp trades with the ticker FXC on the TSX and is in the Capital Markets industry.

Overview
FAX Capital Corp. is a principal investment firm. It invests in equity and fixed income markets. The firm employs fundamental analysis along with bottom-up approach to make its investments. It conducts in-house research to make its investments. The firm was formerly known as God’s Lake Resources Inc. and changed its name to FAX Capital Corp. in December 2018. It was incorporated in 1923 and is based in Toronto, Canada. Previously, the firm was engaged in the acquisition, exploration, and development of properties for the mining of precious and base metals. FAX Capital Corp. operates as a subsidiary of FAX Investments Inc.
 

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

FXC.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $219.835MM

PE Ratio:

Price: 72.53 (Updated: 3/12/2024 0:47:16)



FAX Capital Corp (FXC) vs Competitors in Capital Markets

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

Canaccord Genuity Group Inc, Currency Exchange International, 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

  • FAX Capital Corp (FXC) vs Canaccord Genuity Group Inc (CF)
    • FXC has higher EPS (-0.07 vs -0.3). CF has higher dividend yield (4.2% vs 0.0%). CF and FXC both have P/E’s under 0.
  • FAX Capital Corp (FXC) vs Currency Exchange International, Corp (CXI)
    • 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.
  • FAX Capital Corp (FXC) vs GMP Capital Inc (GMP)
    • FXC has higher EPS (-0.07 vs -0.374). GMP has higher dividend yield (7.7% vs 0.0%). FXC has a P/E under 0, indicating GMP (P/E 11.353) is in a better position.
  • FAX Capital Corp (FXC) vs Pinetree Capital Ltd (PNP)
    • PNP has higher EPS (0.61 vs -0.07). FXC provides dividends, while PNP does not. FXC has a P/E under 0, indicating PNP (P/E 8.328) is in a better position.
  • FAX Capital Corp (FXC) vs Sunwah International Limited (SWH)
    • SWH has higher EPS (-0.058 vs -0.07). SWH has higher dividend yield (0.0% vs 0.0%). SWH and FXC both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (14.43) than the industry average (15.86), indicating attractive valuation.
 

How to Buy FXC 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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