Great-West Lifeco Inc. trades with the ticker GWO on the TSX and is in the Insurance – Life industry.
Overview
Great-West Lifeco Inc. engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations. It provides individual product solutions and employer-sponsored retirement savings plans that offers saving, investment, and advisory services; wealth management including payout annuity, equity release mortgages, pensions, and investments products. In addition, the company offers bulk and individual payout annuities, equity release mortgages, life bonds, and retirement drawdown and pension products; savings and investments; and provides asset management services, such as pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds, as well manages assets for third-party institutional clients. Further, it provides life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Canada Life, Irish Life, and Empower brand names. It distributes its products through a network of sales force, brokers, consultants, advisors, third-party administrators, financial institutions, dealers, managing general agencies, employee benefit consultants, banks, and multi-tied agents. The company was founded in 1891 and is based in Winnipeg, Canada. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation.
Looking to invest in Great-West Lifeco Inc.? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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GWO.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $40196.972MM
PE Ratio: 14.713
Price: 42.83 (Updated: 3/12/2024 0:47:16)
Great-West Lifeco Inc. (GWO) vs Competitors in Insurance – Life
Lets see how GWO.TO stacks up against others in the Insurance – Life asset management industry. We have identified its main peers as:E-L Financial Corporation Limited, Manulife Financial Corporation, Power Corporation of Canada, Sagicor Financial Company Ltd, Great-West Lifeco Inc
.Insurance – Life Industry Comparisons
| Company | Market Cap ($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
- Great-West Lifeco Inc. (GWO) vs E-L Financial Corporation Limited (ELF)
- 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.
- Great-West Lifeco Inc. (GWO) vs Manulife Financial Corporation (MFC)
- GWO has higher EPS (2.93 vs 2.61). GWO has higher dividend yield (5.2% vs 5.0%). GWO has a higher P/E ratio (14.713 vs 12.276) indicating it’s more expensive.
- Great-West Lifeco Inc. (GWO) vs Power Corporation of Canada (POW)
- GWO has higher EPS (2.93 vs 2.52). POW has higher dividend yield (5.3% vs 5.2%). POW has a higher P/E ratio (15.627 vs 14.713) indicating it’s more expensive.
- Great-West Lifeco Inc. (GWO) vs Sagicor Financial Company Ltd (SFC)
- SFC has higher EPS (3.73 vs 2.93). GWO has higher dividend yield (5.2% vs 4.4%). GWO has a higher P/E ratio (14.713 vs 1.855) indicating it’s more expensive.
- Great-West Lifeco Inc. (GWO) vs Great-West Lifeco Inc (GWO)
- GWO has higher EPS (2.93 vs 2.93). GWO has higher dividend yield (5.2% vs 5.2%). GWO has a higher P/E ratio (14.713 vs 14.713) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
How to Buy GWO stock on the TSX
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