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CI Financial Corp T.CIX

Alternate Symbol(s):  CIXXF

Financial Services Asset Management
CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. The Company is engaged in the management and distribution of a range of financial products and services, including wealth management, insurance, and others. The Company operates through three segments: Asset Management, Canadian Wealth Management, and U.S. Wealth Management. The Asset Management segment includes CI Global Asset Management, which operates in Canada, and GSFM Pty Ltd., which operates in Australia. The Canadian Wealth Management segment includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, Northwood Family Office, CI Direct Investing and CI Investment Services. The U.S. Wealth Management segment includes Corient Private Wealth LLC, an integrated wealth management company providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.


TSX:CIX - Post by User

CI Financial Corp
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Post by islandbrookon Jul 10, 2020 10:46am
71 Views
Post# 31251253

Free Cash Flow

Free Cash FlowIn its latest quarter CIX had free cash flow of $143.7 in the March period.If one was to annualize that number, It would total $574 million (a consevative estimate considering 2019 totaled $603 million).
 The projected free cash flow equals $2.69. Based on the current 214 milion shares with out assuming furtherbuy-backs it equals 49.6%. The current Canada 10 year bond yields 0.51%.. The conclusion is obvious.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities