INC-UN : Income Financial Trust Stock Profile

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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.
 

INC-UN.TO Stock Price and Key Stats

INC-UN Stock Key Stats

Exchange: TSX

Market Cap : $26.436MM

PE Ratio: 5.589

Price: (Updated: )

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, Brookfield Asset Management Inc, Canadian Banc Corp, Sprott Physical Gold and Silver Trust

.

Asset Management Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aberdeen International Inc (AAB) $5.795 N/A 1.021 N/A%
AGF Management Limited (AGF-B) $549.528 6.47 4.961 5.4%
Brookfield Asset Management Inc (BAM-A) $96,441.909 20.732 12.159 1.6%
Canadian Banc Corp (BK) $341.116 4.85 0.0 14.8%
Sprott Physical Gold and Silver Trust (CEF) $6,656.241 17.237 -364.354 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 Asset Management

  • Income Financial Trust (INC-UN) vs Aberdeen International Inc (AAB)
    • INC-UN has higher EPS (1.41 vs -0.1). INC-UN provides dividends, while AAB does not. AAB has a P/E under 0, indicating INC-UN (P/E 5.589) is in a better position.
  • Income Financial Trust (INC-UN) vs AGF Management Limited (AGF-B)
    • INC-UN has higher EPS (1.41 vs 1.32). INC-UN has higher dividend yield (9.9% vs 5.4%). AGF-B has a higher P/E ratio (6.47 vs 5.589) indicating it’s more expensive.
  • Income Financial Trust (INC-UN) vs Brookfield Asset Management Inc (BAM-A)
    • BAM-A has higher EPS (2.84 vs 1.41). INC-UN has higher dividend yield (9.9% vs 1.6%). BAM-A has a higher P/E ratio (20.732 vs 5.589) indicating it’s more expensive.
  • Income Financial Trust (INC-UN) vs Canadian Banc Corp (BK)
    • BK has higher EPS (2.33 vs 1.41). BK has higher dividend yield (14.8% vs 9.9%). INC-UN has a higher P/E ratio (5.589 vs 4.85) indicating it’s more expensive.
  • Income Financial Trust (INC-UN) vs Sprott Physical Gold and Silver Trust (CEF)
    • CEF has higher EPS (1.9 vs 1.41). INC-UN provides dividends, while CEF does not. CEF has a higher P/E ratio (17.237 vs 5.589) indicating it’s more expensive.
 
Our Recommendation: Hold
Has a lower P/E ratio (5.59) than the industry average (6.62), indicating potential undervaluation. Features a lower EV/EBITDA ratio (-5.05) than the industry average (1.66), indicating attractive valuation.
 

How to Buy INC-UN 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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