Fairvalue-Calculator Fairvalue-Calculator
EN DE

Dividend 15 Split Corp (DFN) Fair Value & Analysis

Financial Services · CA · Market cap C$1.2B

D1 Dividend 15 Split Corp DFN · TO
PriceC$8.91
Fair ValueC$10.27
Upside+15.3%
Quality95/100
Evidence: High Range C$7.70 – C$12.84

Fair value as of: Jun 26, 2026

From 21 valuation models · updated 4 days ago

Fair value updated Jun 26, 2026 — revised from C$17.70 to C$10.27 (−42.0%) since Jun 24, 2026. Share price +7.0% over the past month.

Price vs Fair Value (12 months)

C$9.03 C$5.39 Fair Value C$10.27 Jun 2025 Jun 2026

12‑month range C$5.39 – C$9.03 · fair‑value band C$7.70 – C$12.84 · the C$8.91 price screens below the C$10.27 fair value. As of Jun 26, 2026.

✦ Find undervalued quality stocks — 35,000+ analysed Find stocks →

Analysis

Dividend 15 Split Corp (DFN) currently trades at C$8.91, while our model-based Fair Value estimate is C$10.27 — implying the stock looks roughly 15.3% 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.

Over the trailing twelve months, Dividend 15 Split Corp generated revenue of C$361M at a net margin of 71.4%. Revenue declined 6.1% year over year. It earns a return on equity of 26.5%. Net debt stands at C$1.2B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) C$361M
Revenue growth (YoY) -6.1%
Net margin 71.4%
Return on equity 26.5%
Free cash flow C$67.7M FY2025
P/E ratio 4.3
More key figures
Operating margin 96.3%
EPS (TTM) C$1.90
Dividend yield 14.6%
EPS growth (YoY) -23.7%
Net debt C$1.2B FY2025

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

About the company

Dividend 15 Split Corp. 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 spreads its investments across diversified sectors. It benchmarks the performance of its portfolio against the S&P TSX 60 Index. Dividend 15 Split Corp. was formed on January 9, 2004 and is domiciled in Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dividend 15 Split Corp reported revenue of C$88.2M in FY2025 versus C$238M in FY2021, a compound −21.9%/yr. Reported net income was C$258M in FY2025, compounding +2.7%/yr from FY2021.

Revenue −21.9%/yr
FY21 C$238M
FY22 C$63.0M
FY23 C$75.9M
FY24 C$88.6M
FY25 C$88.2M
Net income +2.7%/yr
FY21 C$232M
FY22 C$58.9M
FY23 −C$25.1M
FY24 C$399M
FY25 C$258M

Open the full interactive analysis →

Similar stocks

6 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $4.20 $6.41 +53%
The Schiehallion Fund Limited MNTN $2.27 $4.54 +100%
BlackRock, Inc BLK 17,417 MXN 10,294 MXN -41%
BH Macro Limited BHMU $4.42 $8.84 +100%
Blackstone Inc BX $118.55 $61.04 -49%
Investor AB IVSBF $39.99 $79.98 +100%

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is Dividend 15 Split Corp (DFN) undervalued?
As of Jun 26, 2026, our model estimates a fair value of C$10.27 versus a price of C$8.91 — about +15% (undervalued). Model-based estimate, not financial advice.
What is the fair value of DFN?
Our 21-model fair value for Dividend 15 Split Corp is C$10.27 (as of Jun 26, 2026), built from audited fundamentals. The current price is C$8.91.
What is the quality score of DFN?
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 revenue of Dividend 15 Split Corp (DFN)?
Dividend 15 Split Corp reported trailing-twelve-month revenue of about C$361M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of DFN?
The net profit margin of Dividend 15 Split Corp is about 71.4%, meaning it keeps roughly 71.4% of revenue as net income. Based on the latest reported figures.
Does Dividend 15 Split Corp pay a dividend?
Dividend 15 Split Corp currently shows a dividend yield of about 14.56% relative to its recent price (as of Jun 26, 2026).

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.