CI Financial Corp CIXXF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- $10.63
- Day Range
- $10.85–10.88
- 52-Week Range
- $9.12–13.11
- Bid/Ask
- $9.01 / $11.20
- Market Cap
- $1.65 Bil
- Volume/Avg
- 3,525 / 17,277
Key Statistics
- Price/Earnings (Normalized)
- 4.65
- Price/Sales
- 0.76
- Dividend Yield (Trailing)
- 5.30%
- Dividend Yield (Forward)
- 5.48%
- Total Yield
- 26.86%
Company Profile
CI Financial is a diversified provider of wealth management products and services, primarily in the Canadian market. The company had CAD 130.1 billion in core assets under management, another CAD 316.1 billion in wealth management assets under advisement, and CAD 28.0 billion in assets under custody at the end of March 2024, making it one of the largest nonbank affiliated asset managers in Canada. The company operates its fund business through CI Global Asset Management, which offers a broad selection of investment funds. On the wealth management side, the company operates through CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, as well as a large group of acquired US-based advisors, providing financial advice primarily to high-net-worth clients.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Small Value
- Total Number of Employees
- 2,390
- Website
- https://www.cifinancial.com
Competitors
Valuation
|
Metric
|
CIXXF
|
IVZ
|
AGF.B
|
|---|---|---|---|
Price/Earnings (Normalized) | 4.65 | 10.82 | 6.83 |
Price/Book Value | 2.58 | 0.67 | 0.51 |
Price/Sales | 0.76 | 1.24 | 1.30 |
Price/Cash Flow | 4.75 | 4.97 | 7.04 |
Price/Earnings
CIXXF
IVZ
AGF.B
Financial Strength
|
Metric
|
CIXXF
|
IVZ
|
AGF.B
|
|---|---|---|---|
Quick Ratio | 0.12 | 1.78 | 1.69 |
Current Ratio | 0.33 | 1.78 | 1.73 |
Interest Coverage | 0.84 | −2.54 | 26.22 |
Quick Ratio
CIXXF
IVZ
AGF.B
Profitability
|
Metric
|
CIXXF
|
IVZ
|
AGF.B
|
|---|---|---|---|
Return on Assets (Normalized) | 0.90% | 2.28% | 5.22% |
Return on Equity (Normalized) | 7.27% | 6.04% | 6.80% |
Return on Invested Capital (Normalized) | 3.91% | 2.71% | 6.43% |
Return on Assets
CIXXF
IVZ
AGF.B
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|
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