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Dividend 15 Split Corp (DF) Fair Value & Analysis

Financial Services · CA · Market cap C$216M

D1 Dividend 15 Split Corp DF · TO
PriceC$8.86
Fair ValueC$10.69
Upside+20.7%
Quality95/100
Evidence: High Range C$8.02 – C$13.36

Fair value as of: Jun 26, 2026

From 15 valuation models · updated 4 days ago

Fair value updated Jun 26, 2026 — revised from C$17.84 to C$10.69 (−40.1%) since Jun 24, 2026. Share price +5.4% over the past month.

Price vs Fair Value (12 months)

C$8.94 C$5.28 Fair Value C$10.69 Jun 2025 Jun 2026

12‑month range C$5.28 – C$8.94 · fair‑value band C$8.02 – C$13.36 · the C$8.86 price screens below the C$10.69 fair value. As of Jun 26, 2026.

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Analysis

Dividend 15 Split Corp (DF) currently trades at C$8.86, while our model-based Fair Value estimate is C$10.69 — implying the stock looks roughly 20.7% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Net debt stands at C$209M. The stock trades on a trailing P/E of 4.1. Fundamentals as of Jun 26, 2026

Key figures & financial health

Free cash flow −C$4.0M FY2025
P/E ratio 4.1
EPS (TTM) C$2.04
Net debt C$209M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Dividend 15 Split Corp. II is a close ended equity mutual fund launched by Quadravest Inc. The fund is managed by Quadravest Capital Management. It invests in public equity markets of Canada. The fund invests in stocks of companies operating across the diversified sectors. It benchmarks the performance of its portfolio against the S&P TSX 60 Index. Dividend 15 Split Corp. II was formed on September 28, 2006 and is domiciled in Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dividend 15 Split Corp reported revenue of C$32.8M in FY2025 versus C$44.9M in FY2021, a compound −7.6%/yr. Reported net income was C$47.0M in FY2025, compounding +1.8%/yr from FY2021.

Revenue −7.6%/yr
FY21 C$44.9M
FY22 C$10.0M
FY23 C$26.0M
FY24 C$18.0M
FY25 C$32.8M
Net income +1.8%/yr
FY21 C$43.8M
FY22 C$8.6M
FY23 −C$25.1M
FY24 C$95.4M
FY25 C$47.0M

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Frequently asked questions

Is Dividend 15 Split Corp (DF) undervalued?
As of Jun 26, 2026, our model estimates a fair value of C$10.69 versus a price of C$8.86 — about +21% (undervalued). Model-based estimate, not financial advice.
What is the fair value of DF?
Our 21-model fair value for Dividend 15 Split Corp is C$10.69 (as of Jun 26, 2026), built from audited fundamentals. The current price is C$8.86.
What is the quality score of DF?
Dividend 15 Split Corp has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of DF?
The net profit margin of Dividend 15 Split Corp is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.