CIQ.UN.TO
Canadian High Income Equity Fund
Price:  
6.67 
CAD
Volume:  
1,000.00
Canada | N/A
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CIQ.UN.TO Fair Value

-144.98 %
Upside

As of 2024-02-23, the Fair Value of Canadian High Income Equity Fund (CIQ.UN.TO) is -3.00 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 6.67 CAD, the upside of Canadian High Income Equity Fund is -144.98%.

Note: valuation result may not be accurate due to the company's negative EPS.

6.67 CAD
Stock Price
-3.00 CAD
Fair Price
FAIR VALUE CALCULATION

CIQ.UN.TO Fair Value

Peter Lynch's formula is:

CIQ.UN.TO Fair Value
= Earnings Growth Rate x TTM EPS
CIQ.UN.TO Fair Value
= 5.00 x -0.60
CIQ.UN.TO Fair Value
= -3.00

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2018-12-31 2019-12-31 2020-12-31 2021-12-31 2022-12-31 5Y Avg
Net income -4.28 2.77 -0.62 2.11 -0.73 -0.15
YoY growth -1,030.43% 164.72% -122.38% 441.11% -134.33% -136.26%

CIQ.UN.TO Fair Value - Key Data

Market Cap (mil) 8.07
P/E
Forward P/E
EPS -0.60
Avg earnings growth rate -136.26%
TTM earnings -0.73