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Canadian Banc Corp Class A CNDCF

Morningstar Rating
$7.91 +0.21 (2.76%)
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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.

Price vs Fair Value

CNDCF is trading at a 854% premium.
Price
$7.89
Fair Value
$37.35
Uncertainty
Extreme
1-Star Price
$883.95
5-Star Price
$5.93
Economic Moat
Tqscsm
Capital Allocation
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Trading Information

Previous Close Price
$7.70
Day Range
$7.917.91
52-Week Range
$6.8910.02
Bid/Ask
$7.74 / $8.35
Market Cap
$214.36 Mil
Volume/Avg
619 / 427

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
16.69%
Dividend Yield (Forward)
16.69%
Total Yield
16.69%

Company Profile

Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Small Value
Total Number of Employees
428

Comparables

Valuation

Metric
CNDCF
NGI
CYB
Price/Earnings (Normalized)
11.857.86
Price/Book Value
1.230.721.00
Price/Sales
1.536.44
Price/Cash Flow
5.67
Price/Earnings
CNDCF
NGI
CYB

Financial Strength

Metric
CNDCF
NGI
CYB
Quick Ratio
0.31
Current Ratio
0.31
Interest Coverage
0.27
Quick Ratio
CNDCF
NGI
CYB

Profitability

Metric
CNDCF
NGI
CYB
Return on Assets (Normalized)
−2.93%1.30%13.44%
Return on Equity (Normalized)
−6.62%2.37%14.50%
Return on Invested Capital (Normalized)
−10.02%
Return on Assets
CNDCF
NGI
CYB
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