Accord Financial Corp T.ACD

Alternate Symbol(s): ACCFF | T.ACD.DB

Financial Services

Accord Financial Corp. is a Canada-based commercial finance company. The Company through its subsidiaries, is engaged in providing asset-based financing, including factoring and receivables financing, equipment and inventory financing, leasing, and working capital financing, to industrial and commercial enterprises, principally in Canada and the United States. It offers solutions in growth; buyouts and acquisitions; restructuring and turnaround; slow receivables turnover and bad debt loss, and unexpected events. It provides a variety of financing solutions for Canadian small businesses, including equipment leasing and working capital facilities. Its asset-based lending solutions allow clients to unlock work capitals from their accounts receivable, inventory and equipment. Its subsidiaries include Accord Financial Ltd., Accord Financial Inc., Accord Financial Canada Corp. in Canada, and Accord Financial, Inc. in the United States.

TSX:ACD - Post by User

Accord Financial Corp > book value

<< Previous

Bullboard Posts

Next >>

Comment by Methodon Nov 03, 2019 2:31pm

302 Views

Post# 30302585

RE:RE:book value

MaxCdn wrote: Yes.... and a nice P/E of only 6.95. Dividend yield of 4.14% and ROE of 11.8%
Aside the size of this company (baby cap of only $73 M ), there is nothing not to like.

I own this and TII.V in the lending space. Similar P/E and dividend yield but TII has a lower P/B and ROE. ROE is starting to trend up though so we'll probably seem some multiple expansion. Tii also has lower net leverage but both are way undervalued. CHW has already bounced back in a big way off the lows but ACD and TII should follow.

<< Previous

Bullboard Posts

Next >>

Unique Battery Metals opportunity in Quebec