As of 2024-07-27, the Fair Value of Canadian High Income Equity Fund (CIQ.UN.TO) is -3.39 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 6.87 CAD, the upside of Canadian High Income Equity Fund is -149.39%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
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% |
| Market Cap (mil) | 7.35 |
| P/E | |
| Forward P/E |
| EPS | -0.68 |
| Avg earnings growth rate | -136.26% |
| TTM earnings | -0.73 |