MID.UN.TO
MINT Income Fund
Price:  
7.01 
CAD
Volume:  
1,224.00
Canada | N/A
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MID.UN.TO Fair Value

154.46 %
Upside

As of 2024-07-27, the Fair Value of MINT Income Fund (MID.UN.TO) is 17.84 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 7.01 CAD, the upside of MINT Income Fund is 154.46%.

7.01 CAD
Stock Price
17.84 CAD
Fair Price
FAIR VALUE CALCULATION

MID.UN.TO Fair Value

Peter Lynch's formula is:

MID.UN.TO Fair Value
= Earnings Growth Rate x TTM EPS
MID.UN.TO Fair Value
= 25.00 x 0.71
MID.UN.TO Fair Value
= 17.84

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 -14.27 18.36 -8.11 25.09 7.86 5.79
YoY growth -265.16% 228.66% -144.17% 409.37% -68.69% 32.00%

MID.UN.TO Fair Value - Key Data

Market Cap (mil) 77.18
P/E 9.82x
Forward P/E 9.41x
EPS 0.71
Avg earnings growth rate 32.00%
TTM earnings 7.86