MID.UN.TO Fair Value

148.80 %

Upside

As of 2023-12-02, the Fair Value of MINT Income Fund (MID.UN.TO) is 15.72 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 6.32 CAD, the upside of MINT Income Fund is 148.80%.

6.32 CAD

Stock Price

15.72 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 0.63

MID.UN.TO Fair Value

= 15.72

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 TTM EPS is negative, we do not compute Peter Lynch's formula for that stock. 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%.

	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)	78.94
P/E	10.05x
Forward P/E	9.62x

EPS	0.63
Avg earnings growth rate	32.00%
TTM earnings	7.86