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iShares Core Canadian Universe Bond Index ETF

TSX:XBB
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XBB
TSX
CA$4B
Market Cap
  1. Home
  2. CA
  3. Diversified Financials
Company description

iShares Core Canadian Universe Bond Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. The last earnings update was 13 days ago. More info.


Add to Portfolio Compare Print
  • iShares Core Canadian Universe Bond Index ETF is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
XBB Share Price and Events
7 Day Returns
2.8%
TSX:XBB
-0.3%
CA Capital Markets
2.5%
CA Market
1 Year Returns
1.5%
TSX:XBB
-21.2%
CA Capital Markets
-24.8%
CA Market
XBB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
iShares Core Canadian Universe Bond Index ETF (XBB) 2.8% -5.2% -0.3% 1.5% 1.3% -2.1%
CA Capital Markets -0.3% -25% -26.2% -21.2% -20.9% -21.9%
CA Market 2.5% -20.8% -24.7% -24.8% -22.2% -17%
1 Year Return vs Industry and Market
  • XBB outperformed the Capital Markets industry which returned -21.2% over the past year.
  • XBB outperformed the Market in Canada which returned -24.8% over the past year.
Price Volatility
XBB
Industry
5yr Volatility vs Market

Value

 Is iShares Core Canadian Universe Bond Index ETF undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for iShares Core Canadian Universe Bond Index ETF. This is due to cash flow or dividend data being unavailable. The share price is CA$31.8.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for iShares Core Canadian Universe Bond Index ETF's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are iShares Core Canadian Universe Bond Index ETF's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:XBB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$1.77
TSX:XBB Share Price ** TSX (2020-04-03) in CAD CA$31.8
Canada Capital Markets Industry PE Ratio Median Figure of 15 Publicly-Listed Capital Markets Companies 7.28x
Canada Market PE Ratio Median Figure of 497 Publicly-Listed Companies 10.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of iShares Core Canadian Universe Bond Index ETF.

TSX:XBB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:XBB Share Price ÷ EPS (both in CAD)

= 31.8 ÷ 1.77

17.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iShares Core Canadian Universe Bond Index ETF is overvalued based on earnings compared to the CA Capital Markets industry average.
  • iShares Core Canadian Universe Bond Index ETF is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does iShares Core Canadian Universe Bond Index ETF's expected growth come at a high price?
Raw Data
TSX:XBB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Capital Markets Industry PEG Ratio Median Figure of 39 Publicly-Listed Capital Markets Companies 1.93x
Canada Market PEG Ratio Median Figure of 233 Publicly-Listed Companies 0.68x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for iShares Core Canadian Universe Bond Index ETF, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on iShares Core Canadian Universe Bond Index ETF's assets?
Raw Data
TSX:XBB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$31.63
TSX:XBB Share Price * TSX (2020-04-03) in CAD CA$31.8
Canada Capital Markets Industry PB Ratio Median Figure of 160 Publicly-Listed Capital Markets Companies 0.82x
Canada Market PB Ratio Median Figure of 2,360 Publicly-Listed Companies 0.99x
TSX:XBB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:XBB Share Price ÷ Book Value per Share (both in CAD)

= 31.8 ÷ 31.63

1.01x

* Primary Listing of iShares Core Canadian Universe Bond Index ETF.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iShares Core Canadian Universe Bond Index ETF is overvalued based on assets compared to the CA Capital Markets industry average.
X
Value checks
We assess iShares Core Canadian Universe Bond Index ETF's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. iShares Core Canadian Universe Bond Index ETF has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is iShares Core Canadian Universe Bond Index ETF expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as iShares Core Canadian Universe Bond Index ETF has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.2%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is iShares Core Canadian Universe Bond Index ETF expected to grow at an attractive rate?
  • Unable to compare iShares Core Canadian Universe Bond Index ETF's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare iShares Core Canadian Universe Bond Index ETF's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare iShares Core Canadian Universe Bond Index ETF's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:XBB Future Growth Rates Data Sources
Data Point Source Value (per year)
North America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.2%
North America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 2.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 5.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:XBB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:XBB Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 169 18 166
2019-09-30 174 5 172
2019-06-30 179 -8 177
2019-03-31 102 20 100
2018-12-31 25 49 23
2018-09-30 19 47 17
2018-06-30 13 45 11
2018-03-31 34 45 31
2017-12-31 55 45 51
2017-09-30 28 36 23
2017-06-30 1 28 -5
2017-03-31 18 24 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if iShares Core Canadian Universe Bond Index ETF is high growth as no earnings estimate data is available.
  • Unable to determine if iShares Core Canadian Universe Bond Index ETF is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:XBB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from iShares Core Canadian Universe Bond Index ETF Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:XBB Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 1.77
2019-09-30 1.98
2019-06-30 2.22
2019-03-31 1.30
2018-12-31 0.31
2018-09-30 0.23
2018-06-30 0.16
2018-03-31 0.43
2017-12-31 0.71
2017-09-30 0.32
2017-06-30 -0.08
2017-03-31 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if iShares Core Canadian Universe Bond Index ETF will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess iShares Core Canadian Universe Bond Index ETF's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the North America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
iShares Core Canadian Universe Bond Index ETF has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has iShares Core Canadian Universe Bond Index ETF performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare iShares Core Canadian Universe Bond Index ETF's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • iShares Core Canadian Universe Bond Index ETF's year on year earnings growth rate has been positive over the past 5 years.
  • iShares Core Canadian Universe Bond Index ETF's 1-year earnings growth exceeds its 5-year average (637.2% vs 7.2%)
  • iShares Core Canadian Universe Bond Index ETF's earnings growth has exceeded the CA Capital Markets industry average in the past year (637.2% vs -9.4%).
Earnings and Revenue History
iShares Core Canadian Universe Bond Index ETF's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from iShares Core Canadian Universe Bond Index ETF Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:XBB Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 169.43 166.44 2.99
2019-09-30 174.40 171.67 2.73
2019-06-30 179.37 176.90 2.47
2019-03-31 102.10 99.74 2.36
2018-12-31 24.83 22.58 2.26
2018-09-30 19.17 16.93 2.24
2018-06-30 13.50 11.29 2.21
2018-03-31 34.15 30.95 3.20
2017-12-31 54.80 50.61 4.19
2017-09-30 28.09 22.62 5.47
2017-06-30 1.38 -5.38 6.76
2017-03-31 17.58 10.62 6.96
2016-12-31 33.79 26.62 7.17
2016-09-30 69.33 62.41 6.92
2016-06-30 104.86 98.20 6.67
2016-03-31 81.86 75.37 6.48
2015-12-31 58.85 52.55 6.30
2015-09-30 78.28 72.26 6.02
2015-06-30 97.71 91.97 5.74
2015-03-31 114.44 108.97 5.47
2014-12-31 131.16 125.96 5.20
2014-09-30 104.70 99.46 5.25
2014-06-30 78.24 72.95 5.29
2014-03-31 26.58 21.01 5.57
2013-12-31 -25.08 -30.93 5.85
2013-06-30 3.79 -7.60 6.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • iShares Core Canadian Universe Bond Index ETF has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • iShares Core Canadian Universe Bond Index ETF used its assets less efficiently than the CA Capital Markets industry average last year based on Return on Assets.
  • iShares Core Canadian Universe Bond Index ETF has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess iShares Core Canadian Universe Bond Index ETF's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
iShares Core Canadian Universe Bond Index ETF has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is iShares Core Canadian Universe Bond Index ETF's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up iShares Core Canadian Universe Bond Index ETF's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • iShares Core Canadian Universe Bond Index ETF is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • iShares Core Canadian Universe Bond Index ETF has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of iShares Core Canadian Universe Bond Index ETF's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • iShares Core Canadian Universe Bond Index ETF has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from iShares Core Canadian Universe Bond Index ETF Company Filings, last reported 3 months ago.

TSX:XBB Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3,938.53 0.00 4.56
2019-09-30 3,938.53 0.00 4.56
2019-06-30 2,981.16 0.00 1.30
2019-03-31 2,981.16 0.00 1.30
2018-12-31 2,375.42 0.00 11.21
2018-09-30 2,375.42 0.00 11.21
2018-06-30 2,439.14 0.00 1.28
2018-03-31 2,439.14 0.00 1.28
2017-12-31 2,365.30 0.00 0.77
2017-09-30 2,365.30 0.00 0.77
2017-06-30 2,246.34 0.00 0.43
2017-03-31 2,246.34 0.00 0.43
2016-12-31 2,102.92 0.00 1.01
2016-09-30 2,102.92 0.00 1.01
2016-06-30 2,190.94 0.00 0.36
2016-03-31 2,190.94 0.00 0.36
2015-12-31 1,939.88 0.00 4.53
2015-09-30 1,939.88 0.00 4.53
2015-06-30
2015-03-31 1,692.62 0.00 4.36
2014-12-31 1,692.62 0.00 4.36
2014-09-30 1,692.62 0.00 4.36
2014-06-30 1,531.93 0.00 1.69
2014-03-31 1,531.93 0.00 1.69
2013-12-31 1,513.98 0.00 5.64
2013-06-30 1,830.51 0.00 0.58
  • iShares Core Canadian Universe Bond Index ETF has no debt.
  • iShares Core Canadian Universe Bond Index ETF has not taken on any debt in the past 5 years.
  • iShares Core Canadian Universe Bond Index ETF has no debt, it does not need to be covered by operating cash flow.
  • iShares Core Canadian Universe Bond Index ETF has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess iShares Core Canadian Universe Bond Index ETF's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. iShares Core Canadian Universe Bond Index ETF has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is iShares Core Canadian Universe Bond Index ETF's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.79%
Current annual income from iShares Core Canadian Universe Bond Index ETF dividends.
If you bought CA$2,000 of iShares Core Canadian Universe Bond Index ETF shares you are expected to receive CA$56 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • iShares Core Canadian Universe Bond Index ETF's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (2.75%).
  • iShares Core Canadian Universe Bond Index ETF's dividend is below the markets top 25% of dividend payers in Canada (8.52%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:XBB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 6.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 4.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:XBB Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-03-19 0.887 2.779
2019-02-15 0.888 2.864
2019-01-18 0.888 2.893
2018-12-20 0.888 2.910
2018-11-21 0.888 2.933
2018-10-19 0.888 2.960
2018-09-13 0.888 2.952
2018-08-21 0.876 2.876
2018-07-19 0.876 2.875
2018-06-19 0.888 2.887
2018-05-18 0.900 2.951
2018-04-18 0.888 2.928
2018-03-19 0.888 2.903
2017-08-15 0.900 2.920
2017-06-14 0.900 2.880
2017-05-12 0.837 2.631
2017-04-11 0.840 2.657
2017-03-15 0.845 2.701
2017-02-09 0.844 2.717
2017-01-13 0.845 2.721
2016-12-28 0.853 2.738
2016-11-14 0.853 2.734
2016-10-13 0.855 2.671
2016-09-07 0.856 2.653
2016-08-15 0.859 2.648
2016-07-13 0.866 2.670
2016-06-08 0.874 2.710
2016-05-13 0.880 2.759
2016-04-13 0.886 2.789
2016-03-09 0.897 2.832
2016-02-10 0.899 2.840
2016-01-13 0.906 2.856
2015-12-29 0.895 2.828
2015-10-14 0.904 2.885
2015-09-10 0.887 2.816
2015-08-14 0.898 2.819
2015-07-15 0.905 2.827
2015-06-10 0.910 2.878
2015-05-13 0.896 2.827
2015-04-14 0.896 2.794
2015-03-11 0.897 2.757
2015-02-10 0.932 2.872
2015-01-15 0.950 2.927
2014-12-18 0.894 2.829
2014-11-12 0.946 3.027
2014-10-15 0.917 2.952
2014-09-10 0.952 3.076
2014-08-13 0.960 3.090
2014-07-15 0.960 3.093
2014-06-11 1.005 3.267
2014-05-13 0.968 3.146
2014-04-11 0.960 3.138
2014-03-12 0.967 3.170
2014-02-11 0.980 3.210
2014-01-15 0.966 3.170
2013-12-18 0.692 2.298
2013-11-13 0.971 3.225
2013-10-15 0.983 3.260
2013-09-09 0.988 3.308
2013-08-14 1.006 3.367
2013-07-15 0.976 3.218
2013-06-10 0.975 3.201
2013-05-14 0.931 2.988
2013-04-12 1.011 3.207
2013-03-12 0.928 2.959
2013-02-11 0.994 3.188
2013-01-15 0.992 3.184
2012-12-24 1.031 3.297
2012-11-14 1.034 3.285
2012-10-17 1.040 3.309
2012-09-14 1.051 3.342
2012-08-17 1.058 3.373
2012-07-17 1.066 3.378
2012-06-15 1.075 3.406
2012-05-15 1.084 3.447
2012-04-16 1.093 3.514
2012-03-16 1.101 3.549
2012-02-14 1.107 3.543
2012-01-18 1.116 3.559
2011-12-16 1.229 3.902
2011-11-16 1.135 3.637
2011-10-19 1.136 3.669
2011-09-16 1.142 3.683
2011-08-19 1.147 3.703
2011-07-15 1.153 3.771
2011-06-17 1.159 3.850
2011-05-18 1.201 4.008
2011-04-15 1.201 4.054
2011-03-18 1.201 4.076
2011-02-15 1.201 4.073
2011-01-19 1.201 4.076
2010-12-17 1.201 4.042
2010-11-17 1.313 4.418
2010-10-19 1.313 4.344
2010-09-20 1.313 4.337
2010-08-19 1.208 4.011
2010-07-20 1.179 3.950
2010-03-26 1.313 4.464
2009-12-17 1.387 4.686
2009-09-18 1.307 4.406
2009-06-18 1.262 4.287

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of iShares Core Canadian Universe Bond Index ETF's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as iShares Core Canadian Universe Bond Index ETF has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess iShares Core Canadian Universe Bond Index ETF's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can iShares Core Canadian Universe Bond Index ETF afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. iShares Core Canadian Universe Bond Index ETF has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of iShares Core Canadian Universe Bond Index ETF's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • iShares Core Canadian Universe Bond Index ETF has no CEO, or we have no data on them.
Management Team

Greg Savage

TITLE
Portfolio Manager

Scott Radell

TITLE
Portfolio Manager
AGE
50

Creighton Jue

TITLE
Portfolio Manager

Amy Whitelaw

TITLE
Portfolio Manager
Board of Directors
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess iShares Core Canadian Universe Bond Index ETF's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. iShares Core Canadian Universe Bond Index ETF has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

iShares Core Canadian Universe Bond Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. The fund is co-managed by BlackRock Institutional Trust Company, N.A. It invests in the fixed income markets of Canada. The fund invests in Canadian dollar denominated investment-grade fixed rate government, provincial, corporate, supranational entities, and municipal bonds with a maturity of at least one year. It seeks to replicate the performance of the FTSE TMX Canada Universe Bond Index, by investing in securities as per their weightings in the index. The fund was formerly known as iShares Canadian Universe Bond Index ETF. iShares Core Canadian Universe Bond Index ETF was formed on November 20, 2000 and is domiciled in Canada.

Details
Name: iShares Core Canadian Universe Bond Index ETF
XBB
Exchange: TSX
Founded: 2000
CA$4,032,240,000
126,800,000
Website: http://www.blackrock.com/ca/individual/en/products/239493/ishares-canadian-universe-bond-index-etf?locale=en_CA&siteEntryPassthrough=true
Address: iShares Core Canadian Universe Bond Index ETF
161 Bay Street,
Suite 2500,
Toronto,
Ontario, M5J 2S1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX XBB Units The Toronto Stock Exchange CA CAD 24. Nov 2000
OTCPK ISAR.F Units Pink Sheets LLC US USD 24. Nov 2000
Number of employees
Current staff
Staff numbers
0
iShares Core Canadian Universe Bond Index ETF employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 03:44
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/03/23
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.