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Bullboard - Stock Discussion Forum Exchange Income Corp T.EIF

Alternate Symbol(s):  EIFZF | T.EIF.DB.J | T.EIF.DB.L | T.EIF.DB.M | T.EIF.DB.K

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations... see more

TSX:EIF - Post Discussion

Exchange Income Corp > Another View
View:
Post by retiredcf on Aug 30, 2021 9:51am

Another View

We think EIF's exposure to aviation and manufacturing will provide good tailwinds for growth in the near to mid term. Debt is a bit higher than in the past, but the company's cash flows have significantly improved and no debt is due until 2025. Given the growth in cash flows and the improved payout ratio, we think there is room for the dividend to grow from here. The valuation continues to be attractive at 14x earnings. 

So said 5iResearch last week. GLTA
Comment by WanTBe1 on Aug 30, 2021 10:03am
I guest in the end if we due our own research only one person to blame. That's why I think above $44.00 is an selling point.
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