CI Financial is a diversified provider of wealth management products and services, primarily in the Canadian market. The company had CAD 119.0 billion in core assets under management, another CAD 278.5 billion in wealth management assets under advisement, and CAD 23.4 billion in assets under custody at the end of September 2023, making it one of the largest nonbank affiliated asset managers in Canada. The company operates its fund business through CI Global Asset Management, which offers a broad selection of investment funds. On the wealth management side, the company operates through CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, as well as a large group of acquired U.S.-based advisors, providing financial advice primarily to high-net-worth clients.

Financial Strength

3/10

Name	Current	Vs Industry
Cash-To-Debt	0.05
Equity-to-Asset	0.1
Debt-to-Equity	3.71
Debt-to-EBITDA	7.35
Interest Coverage	3.55
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	0.12	Distress Grey Safe
Beneish M-Score	-2.38	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

5/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	23.6
	3-Year EBITDA Growth Rate	-4.6
	3-Year EPS without NRI Growth Rate	-20.1
	3-Year FCF Growth Rate	-0.8
	3-Year Book Growth Rate	-3.9

Momentum Rank

10/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	59.11
	9-Day RSI	51
	14-Day RSI	49.43
	6-1 Month Momentum %	29.44
	12-1 Month Momentum %	28.87

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	0.33
	Quick Ratio	0.33
	Cash Ratio	0.04
	Days Sales Outstanding	41.63
	Days Payable	607.46

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	4.61
	Dividend Payout Ratio	0.62
	3-Year Dividend Growth Rate	0.9
	Forward Dividend Yield %	4.85
	5-Year Yield-on-Cost %	3.29
	3-Year Average Share Buyback Ratio	9.9
	Shareholder Yield %	35.1

Profitability Rank

9/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	70.92
	Operating Margin %	20.37
	Net Margin %	0.16
	FCF Margin %	12.91
	ROE %	0.37
	ROA %	0.05
	ROIC %	0.24
	ROC (Joel Greenblatt) %	148.95
	ROCE %	5.79
	Years of Profitability over Past 10-Year	10

GF Value Rank

10/10

	Name	Current	Vs Industry		Vs History
	Forward PE Ratio	4.53
	PE Ratio without NRI	13.78
	Shiller PE Ratio	7.65
	Price-to-Owner-Earnings	94.17
	PS Ratio	0.91
	PB Ratio	2.47
	Price-to-Free-Cash-Flow	7.34
	Price-to-Operating-Cash-Flow	6.48
	EV-to-EBIT	18.83
	EV-to-Forward-EBIT	7.55
	EV-to-EBITDA	11.87
	EV-to-Forward-EBITDA	6.19
	EV-to-Revenue	2
	EV-to-Forward-Revenue	2.29
	EV-to-FCF	15.38
	Price-to-Projected-FCF	0.34
	Price-to-Median-PS-Value	0.36
	Earnings Yield (Greenblatt) %	5.31
	FCF Yield %	15.8
	Forward Rate of Return (Yacktman) %	15.96

Financials (Next Earnings Date:2024-05-10)

Annual Quarterly TTM

TSX:CIX's 30-Y Financials

AAPL

Income Statement Breakdown

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

CI Financial Corp Executives

Details

GF Value: C$22.45

TSX:CIX

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 5 Severe warning signs with CIX. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil C$)	3,083.791
	EPS (TTM) (C$)	-0.04
	Beta	1.7
	Volatility %	33.7
	14-Day RSI	49.43
	14-Day ATR (C$)	0.312579
	20-Day SMA (C$)	16.7525
	12-1 Month Momentum %	28.87
	52-Week Range (C$)	12.01 - 18.69
	Shares Outstanding (Mil)	151.38

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	6
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

CI Financial Corp Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

CI Financial Corp Stock Events

Financials Calendars

	Event	Date	Price(C$)
No Event Data

CI Financial Corp Frequently Asked Questions

What is CI Financial Corp(TSX:CIX)'s stock price today?

The current price of TSX:CIX is C$16.65. The 52 week high of TSX:CIX is C$18.69 and 52 week low is C$12.01.

When is next earnings date of CI Financial Corp(TSX:CIX)?

The next earnings date of CI Financial Corp(TSX:CIX) is 2024-05-10.

Does CI Financial Corp(TSX:CIX) pay dividends? If so, how much?

The Dividend Yield % of CI Financial Corp(TSX:CIX) is 4.61% (As of Today), Highest Dividend Payout Ratio of CI Financial Corp(TSX:CIX) was 0.74. The lowest was 0.23. And the median was 0.54. The Forward Dividend Yield % of CI Financial Corp(TSX:CIX) is 4.85%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

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