Canoe EIT Valuation
| EIT-UN Etf | CAD 15.63 0.01 0.06% |
At this time, the entity appears to be fairly valued. Canoe EIT Income shows a prevailing Real Value of C$15.52 per share. The current price of the entity is C$15.63. Our model approximates the value of Canoe EIT Income from analyzing the entity fundamentals such as Profit Margin of 0.87 %, return on equity of 0.17, and Current Valuation of 3.02 B as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Canoe EIT's price fluctuation is very steady at this time. Calculation of the real value of Canoe EIT Income is based on 3 months time horizon. Increasing Canoe EIT's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Canoe EIT is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Canoe Etf. However, Canoe EIT's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 15.63 | Real 15.52 | Hype 15.64 | Naive 15.57 |
The real value of Canoe Etf, also known as its intrinsic value, is the underlying worth of Canoe EIT Income ETF, which is reflected in its stock price. It is based on Canoe EIT's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Canoe EIT's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Canoe EIT Income helps investors to forecast how Canoe etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Canoe EIT more accurately as focusing exclusively on Canoe EIT's fundamentals will not take into account other important factors: Canoe EIT Total Value Analysis
Canoe EIT Income is currently anticipated to have takeover price of 3.02 B with market capitalization of 2.75 B, debt of 95.99 M, and cash on hands of 98.55 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Canoe EIT fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
3.02 B | 2.75 B | 95.99 M | 98.55 M |
Canoe EIT Investor Information
The fund generated five year return of 11.0%. Canoe EIT Income retains all of the assets under management (AUM) in different types of exotic instruments. Based on the key indicators related to Canoe EIT's liquidity, profitability, solvency, and operating efficiency, Canoe EIT Income is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in August.Canoe EIT Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Canoe EIT has an asset utilization ratio of 6.49 percent. This suggests that the ETF is making C$0.0649 for each dollar of assets. An increasing asset utilization means that Canoe EIT Income is more efficient with each dollar of assets it utilizes for everyday operations.Canoe EIT Ownership Allocation
Canoe EIT holds a total of 177.79 Million outstanding shares. Almost 99.98 percent of Canoe EIT outstanding shares are held by general public with 0.018 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.Canoe EIT Profitability Analysis
The company reported the revenue of 172.47 M. Net Income was 124.73 M with profit before overhead, payroll, taxes, and interest of 460.08 M.Canoe EIT Past Distributions to stockholders
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Canoe EIT's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Canoe EIT and how it compares across the competition.
About Canoe EIT Valuation
The etf valuation mechanism determines Canoe EIT's current worth on a weekly basis. Our valuation model uses a comparative analysis of Canoe EIT. We calculate exposure to Canoe EIT's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Canoe EIT's related companies.Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada. CANOE EIT is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Canoe Etf
Canoe EIT financial ratios help investors to determine whether Canoe Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canoe with respect to the benefits of owning Canoe EIT security.