EIT.UN.TO
Canoe EIT Income Fund
Price:  
13.46 
CAD
Volume:  
119,613.00
Canada | Capital Markets
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

EIT.UN.TO Fair Value

162.49 %
Upside

As of 2024-06-22, the Fair Value of Canoe EIT Income Fund (EIT.UN.TO) is 35.91 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 13.46 CAD, the upside of Canoe EIT Income Fund is 162.49%.

13.46 CAD
Stock Price
35.91 CAD
Fair Price
FAIR VALUE CALCULATION

EIT.UN.TO Fair Value

Peter Lynch's formula is:

EIT.UN.TO Fair Value
= Earnings Growth Rate x TTM EPS
EIT.UN.TO Fair Value
= 25.00 x 1.67
EIT.UN.TO Fair Value
= 35.91

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 -67.90 167.60 59.60 575.86 255.37 198.11
YoY growth -211.13% 346.83% -64.44% 866.21% -55.65% 176.36%

EIT.UN.TO Fair Value - Key Data

Market Cap (mil) 2,393.05
P/E 9.52x
Forward P/E 12.37x
EPS 1.67
Avg earnings growth rate 176.36%
TTM earnings