ELF : E-L Financial Corporation Limited Stock Profile

Last Updated: 3/12/2024 0:47:16

E-L Financial Corporation Limited trades with the ticker ELF on the TSX and is in the Insurance – Life industry.

Overview
E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, pooled funds, limited partnerships, and other private and investment companies. It also underwrites life and health insurance policies, wealth management products, group plans, employee benefit plans, and financial services, as well as segregated funds, mutual funds, and annuity products to individuals, professionals, and businesses through a network of independent financial advisors, managing general agents, national account firms, mutual fund dealers, and group solutions brokers and representatives. E-L Financial Corporation Limited was incorporated in 1968 and is headquartered in Toronto, Canada.
 

Looking to invest in E-L Financial Corporation Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ELF.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $3634.806MM

PE Ratio: 3387.097

Price: 193.98 (Updated: 3/12/2024 0:47:16)



E-L Financial Corporation Limited (ELF) vs Competitors in Insurance – Life

Lets see how ELF.TO stacks up against others in the Insurance – Life asset management industry. We have identified its main peers as:

Manulife Financial Corporation, Power Corporation of Canada, Sagicor Financial Company Ltd, Great-West Lifeco Inc, Manulife Financial Corp

.

Insurance – Life Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
E-L Financial Corporation Limited (ELF) $3,634.806 3387.097 0.0 1.4%
Manulife Financial Corporation (MFC) $57,868.083 12.276 0.0 5.0%
Power Corporation of Canada (POW) $25,907.904 15.627 0.0 5.3%
Sagicor Financial Company Ltd (SFC) $982.529 1.855 -298.938 4.4%
Great-West Lifeco Inc (GWO) $40,196.972 14.713 0.0 5.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Insurance – Life

  • E-L Financial Corporation Limited (ELF) vs Manulife Financial Corporation (MFC)
    • MFC has higher EPS (2.61 vs 0.31). MFC has higher dividend yield (5.0% vs 1.4%). ELF has a higher P/E ratio (3387.097 vs 12.276) indicating it’s more expensive.
  • E-L Financial Corporation Limited (ELF) vs Power Corporation of Canada (POW)
    • POW has higher EPS (2.52 vs 0.31). POW has higher dividend yield (5.3% vs 1.4%). ELF has a higher P/E ratio (3387.097 vs 15.627) indicating it’s more expensive.
  • E-L Financial Corporation Limited (ELF) vs Sagicor Financial Company Ltd (SFC)
    • SFC has higher EPS (3.73 vs 0.31). SFC has higher dividend yield (4.4% vs 1.4%). ELF has a higher P/E ratio (3387.097 vs 1.855) indicating it’s more expensive.
  • E-L Financial Corporation Limited (ELF) vs Great-West Lifeco Inc (GWO)
    • GWO has higher EPS (2.93 vs 0.31). GWO has higher dividend yield (5.2% vs 1.4%). ELF has a higher P/E ratio (3387.097 vs 14.713) indicating it’s more expensive.
  • E-L Financial Corporation Limited (ELF) vs Manulife Financial Corp (MFC)
    • MFC has higher EPS (2.61 vs 0.31). MFC has higher dividend yield (5.0% vs 1.4%). ELF has a higher P/E ratio (3387.097 vs 12.276) indicating it’s more expensive.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy ELF stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment