CI Financial Corp. (TSX: CIX)

CI Financial Statistics

Total Valuation

CI Financial has a market cap or net worth of 2.26 billion. The enterprise value is 6.46 billion.

Market Cap	2.26B
Enterprise Value	6.46B

Important Dates

The next estimated earnings date is Thursday, August 8, 2024.

Earnings Date	Aug 8, 2024
Ex-Dividend Date	Sep 27, 2024

Share Statistics

CI Financial has 156.24 million shares outstanding. The number of shares has decreased by -16.92% in one year.

Shares Outstanding	156.24M
Shares Change (YoY)	-16.92%
Shares Change (QoQ)	-2.72%
Owned by Insiders (%)	14.02%
Owned by Institutions (%)	11.80%
Float	129.82M

Valuation Ratios

PE Ratio	n/a
Forward PE	4.74
PS Ratio	0.78
Forward PS	n/a
PB Ratio	2.58
P/FCF Ratio	7.18
PEG Ratio	1.07

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.67, with an EV/FCF ratio of 20.53.

EV / Earnings	n/a
EV / Sales	2.22
EV / EBITDA	10.67
EV / EBIT	15.89
EV / FCF	20.53

Financial Position

The company has a current ratio of 0.33, with a Debt / Equity ratio of 6.29.

Current Ratio	0.33
Quick Ratio	0.34
Debt / Equity	6.29
Debt / EBITDA	9.10
Debt / FCF	17.51
Interest Coverage	4.41

Financial Efficiency

Return on equity (ROE) is -20.48%.

Return on Equity (ROE)	-20.48%
Return on Assets (ROA)	-1.76%
Return on Capital (ROIC)	n/a
Revenue Per Employee	1.20M
Profits Per Employee	-74,249
Employee Count	2,416
Asset Turnover	0.29
Inventory Turnover	n/a

Taxes

In the past 12 months, CI Financial has paid 150.90 million in taxes.

Income Tax	150.90M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +15.77% in the last 52 weeks. The beta is 1.63, so CI Financial's price volatility has been higher than the market average.

Beta (1Y)	1.63
52-Week Price Change	+15.77%
50-Day Moving Average	16.51
200-Day Moving Average	15.75
Relative Strength Index (RSI)	25.83
Average Volume (30 Days)	413,632

Short Selling Information

The latest short interest is 1.81 million, so 1.16% of the outstanding shares have been sold short.

Short Interest	1.81M
Short Previous Month	565,347
Short % of Shares Out	1.16%
Short % of Float	1.39%
Short Ratio (days to cover)	4.82

Income Statement

In the last 12 months, CI Financial had revenue of 2.91 billion and -179.39 million in losses. Loss per share was -1.21.

Revenue	2.91B
Gross Profit	2.12B
Operating Income	406.34M
Pretax Income	-27.70M
Net Income	-179.39M
EBITDA	605.34M
EBIT	406.34M
Loss Per Share	-1.21

Balance Sheet

The company has 1.31 billion in cash and 5.51 billion in debt, giving a net cash position of -4.20 billion or -26.88 per share.

Cash & Cash Equivalents	1.31B
Total Debt	5.51B
Net Cash	-4.20B
Net Cash Per Share	-26.88
Equity / Book Value	876.08M
Book Value Per Share	5.61
Working Capital	-3.55B

Cash Flow

In the last 12 months, operating cash flow was 425.73 million and capital expenditures -111.19 million, giving a free cash flow of 314.54 million.

Operating Cash Flow	425.73M
Capital Expenditures	-111.19M
Free Cash Flow	314.54M
FCF Per Share	2.04

Margins

Gross margin is 73.08%, with operating and profit margins of 13.97% and -6.17%.

Gross Margin	73.08%
Operating Margin	13.97%
Pretax Margin	-0.95%
Profit Margin	-6.17%
EBITDA Margin	20.82%
EBIT Margin	13.97%
FCF Margin	10.82%

Dividends & Yields

This stock pays an annual dividend of 0.80, which amounts to a dividend yield of 5.53%.

Dividend Per Share	0.80
Dividend Yield	5.53%
Dividend Growth (YoY)	11.11%
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	16.92%
Shareholder Yield	22.45%
Earnings Yield	-7.94%
FCF Yield	13.92%

Analyst Forecast

Price Target	19.38
Price Target Difference	34.03%
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on November 3, 2000. It was a forward split with a ratio of 2:1.

Last Split Date	Nov 3, 2000
Split Type	Forward
Split Ratio	2:1