XTSEPIC.PR.A
Market cap59mUSD
Dec 24, Last price
14.04CAD
Name
Premium Income Corp
Chart & Performance
Profile
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑10 | 2022‑10 | 2021‑10 | 2020‑10 | 2019‑10 | 2018‑10 | 2017‑10 | 2016‑10 | 2015‑10 | |
| Income | |||||||||
Revenues | (29,087) -170.10% | 41,494 -62.61% | |||||||
Cost of revenue | 3,087 | 3,439 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | (32,173) | 38,056 | |||||||
NOPBT Margin | 110.61% | 91.71% | |||||||
Operating Taxes | 1,551 | ||||||||
Tax Rate | 4.08% | ||||||||
NOPAT | (32,173) | 36,505 | |||||||
Net income | (44,848) 109.90% | (21,366) -119.41% | |||||||
Dividends | (23,907) | (22,166) | |||||||
Dividend yield | 43.15% | 26.81% | |||||||
Proceeds from repurchase of equity | 36,719 | (2,989) | |||||||
BB yield | -66.27% | 3.62% | |||||||
| Debt | |||||||||
Debt current | 229,659 | 199,819 | |||||||
Long-term debt | |||||||||
Deferred revenue | |||||||||
Other long-term liabilities | 199,820 | ||||||||
Net debt | (5,962) | (52,571) | |||||||
| Cash flow | |||||||||
Cash from operating activities | (8,648) | 24,318 | |||||||
CAPEX | |||||||||
Cash from investing activities | |||||||||
Cash from financing activities | 12,812 | (25,155) | |||||||
FCF | 167,526 | 28,361 | |||||||
| Balance | |||||||||
Cash | 6,724 | 2,561 | |||||||
Long term investments | 228,897 | 249,830 | |||||||
Excess cash | 237,075 | 250,316 | |||||||
Stockholders' equity | 56,708 | ||||||||
Invested Capital | 236,792 | 399,640 | |||||||
ROIC | 9.18% | ||||||||
ROCE | 8.34% | ||||||||
| EV | |||||||||
Common stock shares outstanding | 14,028 | 13,227 | |||||||
Price | 3.95 -36.80% | 6.25 -8.09% | |||||||
Market cap | 55,410 -32.98% | 82,671 -9.57% | |||||||
EV | 49,448 | 30,100 | |||||||
EBITDA | (32,173) | 38,056 | |||||||
EV/EBITDA | 0.79 | ||||||||
Interest | |||||||||
Interest/NOPBT | |||||||||