Canoe EIT Income Fund EIT.UN
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.
Trading Information
- Previous Close Price
- CAD 13.72
- Day Range
- CAD 13.68–13.77
- 52-Week Range
- CAD 12.16–13.87
- Bid/Ask
- CAD 13.72 / CAD 13.75
- Market Cap
- CAD 2.44 Bil
- Volume/Avg
- 112,696 / 164,053
Key Statistics
- Price/Earnings (Normalized)
- 18.75
- Price/Sales
- 13.16
- Dividend Yield (Trailing)
- 8.74%
- Dividend Yield (Forward)
- 8.74%
- Total Yield
- 8.74%
Company Profile
Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio of high quality securities. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Small Value
- Total Number of Employees
- 88
- Website
- https://www.canoefinancial.com
Comparables
Valuation
|
Metric
|
EIT.UN
|
RPL
|
BBUC
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.75 | 18.94 | — |
Price/Book Value | 1.04 | 1.29 | 1.78 |
Price/Sales | 13.16 | 7.89 | 0.20 |
Price/Cash Flow | — | 53.46 | 3.28 |
Price/Earnings
EIT.UN
RPL
BBUC
Financial Strength
|
Metric
|
EIT.UN
|
RPL
|
BBUC
|
|---|---|---|---|
Quick Ratio | — | — | 0.48 |
Current Ratio | — | — | 0.57 |
Interest Coverage | — | — | −0.04 |
Quick Ratio
EIT.UN
RPL
BBUC
Profitability
|
Metric
|
EIT.UN
|
RPL
|
BBUC
|
|---|---|---|---|
Return on Assets (Normalized) | 4.86% | 0.44% | −11.20% |
Return on Equity (Normalized) | 5.60% | 0.51% | −670.14% |
Return on Invested Capital (Normalized) | — | — | −13.47% |
Return on Assets
EIT.UN
RPL
BBUC
Asset Management Industry Comparables
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|
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