CI Financial is a provider of asset and wealth management products and services. The company has a decent share in the Canadian fund market (fifth overall behind Royal Bank of Canada, Toronto-Dominion, IGM Financial, and Fidelity at the end of last year), and remains the second-largest nonbank-affiliated asset manager in the Canadian market, with CAD 129.5 billion in assets under management (including CAD 34.0 billion in AUM managed for its CI Assante Wealth Management, CI Private Counsel, and Aligned Capital Partners subsidiaries) at the end of May 2024. It also had CAD 342.2 billion in assets under advisement (including CAD 230.1 billion from its US wealth management operations and CAD 94.1 billion from its Canadian wealth management partners), and CAD 28.6 billion in custody assets.

Financial Strength

3/10

Name	Current	Vs Industry
Cash-To-Debt	0.04
Equity-to-Asset	0.09
Debt-to-Equity	4.16
Debt-to-EBITDA	8.2
Interest Coverage	2.65
Piotroski F-Score	5/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	0.1	Distress Grey Safe
Beneish M-Score	-2.42	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

7/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	23.6
	3-Year EBITDA Growth Rate	-4.6
	3-Year EPS without NRI Growth Rate	-20.1
	3-Year FCF Growth Rate	-0.8
	3-Year Book Growth Rate	-3.9
	Future 3-5Y EPS without NRI Growth Rate Estimate	47.19
	Future 3-5Y Total Revenue Growth Rate Estimate	2.94

Momentum Rank

8/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	92.86
	9-Day RSI	89.11
	14-Day RSI	87.35
	6-1 Month Momentum %	13.22
	12-1 Month Momentum %	46.46

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	0.34
	Quick Ratio	0.34
	Cash Ratio	0.03
	Days Sales Outstanding	45.76
	Days Payable	585.65

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	3.46
	Dividend Payout Ratio	0.3
	3-Year Dividend Growth Rate	0.9
	Forward Dividend Yield %	3.46
	5-Year Yield-on-Cost %	2.47
	3-Year Average Share Buyback Ratio	9.9
	Shareholder Yield %	22.03

Profitability Rank

9/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	71.13
	Operating Margin %	15.43
	Net Margin %	-1.68
	FCF Margin %	11.27
	ROE %	-4.91
	ROA %	-0.54
	ROIC %	-2.45
	3-Year ROIIC %	-8.28
	ROC (Joel Greenblatt) %	95.39
	ROCE %	5.48
	Years of Profitability over Past 10-Year	10

GF Value Rank

3/10

	Name	Current	Vs Industry		Vs History
	Forward PE Ratio	5.78
	PE Ratio without NRI	8.78
	Shiller PE Ratio	10.45
	Price-to-Owner-Earnings	49.21
	PS Ratio	1.17
	PB Ratio	3.55
	Price-to-Free-Cash-Flow	10.68
	Price-to-Operating-Cash-Flow	8.38
	EV-to-EBIT	25.66
	EV-to-Forward-EBIT	10.19
	EV-to-EBITDA	14.67
	EV-to-Forward-EBITDA	7.82
	EV-to-Revenue	2.23
	EV-to-Forward-Revenue	2.21
	EV-to-FCF	19.21
	Price-to-Projected-FCF	0.51
	Price-to-Median-PS-Value	0.51
	Earnings Yield (Greenblatt) %	3.9
	FCF Yield %	10.9
	Forward Rate of Return (Yacktman) %	7.64

Financials (Next Earnings Date:2024-11-08 Est.)

Annual Quarterly TTM

TSX:CIX's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

CI Financial Corp Executives

Details

GF Value: C$16.86

TSX:CIX

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 5 Severe warning signs with CIX. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil C$)	3,211.55
	EPS (TTM) (C$)	-0.33
	Beta	1.71
	Volatility %	34.02
	14-Day RSI	87.35
	14-Day ATR (C$)	0.448625
	20-Day SMA (C$)	21.0275
	12-1 Month Momentum %	46.46
	52-Week Range (C$)	13.08 - 23.33
	Shares Outstanding (Mil)	143.55

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	5
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

CI Financial Corp Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

CI Financial Corp Stock Events

Financials Calendars

	Event	Date	Price(C$)
No Event Data

CI Financial Corp Frequently Asked Questions

What is CI Financial Corp(TSX:CIX)'s stock price today?

The current price of TSX:CIX is C$22.90. The 52 week high of TSX:CIX is C$23.33 and 52 week low is C$13.08.

When is next earnings date of CI Financial Corp(TSX:CIX)?

The next earnings date of CI Financial Corp(TSX:CIX) is 2024-11-08 Est..

Does CI Financial Corp(TSX:CIX) pay dividends? If so, how much?

The Dividend Yield % of CI Financial Corp(TSX:CIX) is 3.46% (As of Today), Highest Dividend Payout Ratio of CI Financial Corp(TSX:CIX) was 0.74. The lowest was 0.23. And the median was 0.54. The Forward Dividend Yield % of CI Financial Corp(TSX:CIX) is 3.46%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

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