XMF-A : M Split Corp Stock Profile

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

M Split Corp trades with the ticker XMF-A on the TSX and is in the Asset Management industry.

Overview
M Split Corp. is a close-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund invests in the stocks of companies engaged in the financial sector. It invests its entire corpus in the stock of Manulife Financial Corp. The fund benchmarks the performance of its portfolio against the S&P TSX Financial index. M Split Corp. was formed on February 12, 2007 and is domiciled in Canada.
 

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

XMF-A.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $0.398MM

PE Ratio: 0.0

Price: #N/A (Updated: 3/12/2024 0:47:16)



M Split Corp (XMF-A) vs Competitors in Asset Management

Lets see how XMF-A.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

  • M Split Corp (XMF-A) vs Aberdeen International Inc (AAB)
    • XMF-A has higher EPS (0.0 vs -0.12). AAB has a P/E under 0, indicating XMF-A (P/E 0.0) is in a better position.
  • M Split Corp (XMF-A) vs AGF Management Limited (AGF-B)
    • AGF-B has higher EPS (1.3 vs 0.0). AGF-B provides dividends, while XMF-A does not. AGF-B has a higher P/E ratio (6.238 vs 0.0) indicating it’s more expensive.
  • M Split Corp (XMF-A) vs Aimia Inc (AIM)
    • XMF-A has higher EPS (0.0 vs -1.8). AIM has a P/E under 0, indicating XMF-A (P/E 0.0) is in a better position.
  • M Split Corp (XMF-A) vs Brookfield Asset Management Inc (BAM-A)
    • BAM-A has higher EPS (2.84 vs 0.0). BAM-A provides dividends, while XMF-A does not. BAM-A has a higher P/E ratio (20.732 vs 0.0) indicating it’s more expensive.
  • M Split Corp (XMF-A) vs Canadian Banc Corp (BK)
    • XMF-A has higher EPS (0.0 vs -1.81). BK provides dividends, while XMF-A does not. BK has a P/E under 0, indicating XMF-A (P/E 0.0) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (0.00) than the industry average (9.88), indicating potential undervaluation. Features a lower EV/EBITDA ratio (0.00) than the industry average (2.01), indicating attractive valuation.
 

How to Buy XMF-A 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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