Income Financial Trust trades with the ticker INC-UN on the TSX and is in the Asset Management industry.
Overview
Income Financial Trust is an open-ended equity mutual fund launched by Quadravest Inc. The fund is managed by Quadravest Capital Management Inc. It invests in the public equity markets of North America. The fund seeks to invest in stocks of companies operating in the financial services sector. It invests in stocks of companies that are included in the Toronto Stock Exchange Financial Services Index, the Standard & Poor’s Financials Index or the Standard & Poor’s MidCap Financials Index. Income Financial Trust was formed on January 27, 1999 and is domiciled in Canada.
Looking to invest in Income Financial Trust? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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INC-UN.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $24.8MM
PE Ratio: 16.467
Price: #N/A (Updated: 3/12/2024 0:47:16)
Income Financial Trust (INC-UN) vs Competitors in Asset Management
Lets see how INC-UN.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp
.Asset Management Industry Comparisons
| Company | Market Cap ($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
- Income Financial Trust (INC-UN) vs Aberdeen International Inc (AAB)
- INC-UN has higher EPS (0.45 vs -0.12). INC-UN provides dividends, while AAB does not. AAB has a P/E under 0, indicating INC-UN (P/E 16.467) is in a better position.
- Income Financial Trust (INC-UN) vs AGF Management Limited (AGF-B)
- AGF-B has higher EPS (1.3 vs 0.45). INC-UN has higher dividend yield (11.8% vs 5.4%). INC-UN has a higher P/E ratio (16.467 vs 6.238) indicating it’s more expensive.
- Income Financial Trust (INC-UN) vs Aimia Inc (AIM)
- INC-UN has higher EPS (0.45 vs -1.8). INC-UN provides dividends, while AIM does not. AIM has a P/E under 0, indicating INC-UN (P/E 16.467) is in a better position.
- Income Financial Trust (INC-UN) vs Brookfield Asset Management Inc (BAM-A)
- BAM-A has higher EPS (2.84 vs 0.45). INC-UN has higher dividend yield (11.8% vs 1.6%). BAM-A has a higher P/E ratio (20.732 vs 16.467) indicating it’s more expensive.
- Income Financial Trust (INC-UN) vs Canadian Banc Corp (BK)
- INC-UN has higher EPS (0.45 vs -1.81). BK has higher dividend yield (17.4% vs 11.8%). BK has a P/E under 0, indicating INC-UN (P/E 16.467) is in a better position.
Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-5.05) than the industry average (2.01), indicating attractive valuation.
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