IFC : Intact Financial Corporation Stock Profile

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

Intact Financial Corporation trades with the ticker IFC on the TSX and is in the Insurance – Property & Casualty industry.

Overview
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages. It also provides pet and business insurance, as well as provides risk management solutions. The company serves its products to accident and health, technology, ocean and inland marine, builder’s risk, and entertainment, as well as financial services and institutions; and various products to specialty property, surety, tuition reimbursement, management liability, and cyber and environmental institutions. It offers specialty insurance products including travel insurance, brokers, direct to consumer, agencies, wholesalers, affinity group, Intact Prestige, and managing general agent platform. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.
 

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

IFC.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $40379.007MM

PE Ratio: 32.349

Price: 228.87 (Updated: 3/12/2024 0:47:16)



Intact Financial Corporation (IFC) vs Competitors in Insurance – Property & Casualty

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

Fairfax Financial Holdings Limited, Fairfax Financial Holdings Ltd

.

Insurance – Property & Casualty Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Fairfax Financial Holdings Limited (FFH) $35,985.183 6.289 0.0 1.4%
Intact Financial Corporation (IFC) $40,379.007 32.349 0.0 2.1%
Intact Financial Corporation (IFC) $40,379.007 32.349 0.0 2.1%
Fairfax Financial Holdings Ltd (FFH) $35,985.183 6.289 0.0 1.4%

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 – Property & Casualty

  • Intact Financial Corporation (IFC) vs Fairfax Financial Holdings Limited (FFH)
    • FFH has higher EPS (233.05 vs 7.0). IFC has higher dividend yield (2.1% vs 1.4%). IFC has a higher P/E ratio (32.349 vs 6.289) indicating it’s more expensive.
  • Intact Financial Corporation (IFC) vs Fairfax Financial Holdings Ltd (FFH)
    • FFH has higher EPS (233.05 vs 7.0). IFC has higher dividend yield (2.1% vs 1.4%). IFC has a higher P/E ratio (32.349 vs 6.289) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy IFC 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:

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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.

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