Wednesday, 3 July 2013

Carfinco In Canada’s Top Third Public Companies

TSX: CFN
Shares Outstanding: 26.4 million
Shares Fully Diluted: 26.4 million

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The Globe and Mail’s ROB Magazine publishes the top 1,000 of Canada’s largest publicly traded Canadian corporations each year, which is measured by assets.  The ranking is according to the companies’ after-tax profits in the most recent fiscal year.  Carfinco was ranked 321 for 2012, an even better placement than 354, which it had for 2011, and now places Carfinco in the top 1/3 of public companies in Canada.

Another ranking in the same publication places Carfinco at 23 out of 100 in terms of return on common equity.  Return on common equity (ROCE) measures how much profit a company is generating for each dollar that shareholders have invested in the business.