Manulife Financial Corp trades with the ticker MFC on the TSX and is in the Insurance – Life industry.
Overview
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.
Looking to invest in Manulife Financial Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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MFC.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $57868.083MM
PE Ratio: 12.276
Price: 23.81 (Updated: 3/12/2024 0:47:16)
Manulife Financial Corp (MFC) vs Competitors in Insurance – Life
Lets see how MFC.TO stacks up against others in the Insurance – Life asset management industry. We have identified its main peers as:E-L Financial Corporation Limited, Manulife Financial Corporation, Power Corporation of Canada, Sagicor Financial Company Ltd, Great-West Lifeco Inc
.Insurance – Life Industry Comparisons
| Company | Market Cap ($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
- Manulife Financial Corp (MFC) vs E-L Financial Corporation Limited (ELF)
- 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.
- Manulife Financial Corp (MFC) vs Manulife Financial Corporation (MFC)
- MFC has higher EPS (2.61 vs 2.61). MFC has higher dividend yield (5.0% vs 5.0%). MFC has a higher P/E ratio (12.276 vs 12.276) indicating it’s more expensive.
- Manulife Financial Corp (MFC) vs Power Corporation of Canada (POW)
- MFC has higher EPS (2.61 vs 2.52). POW has higher dividend yield (5.3% vs 5.0%). POW has a higher P/E ratio (15.627 vs 12.276) indicating it’s more expensive.
- Manulife Financial Corp (MFC) vs Sagicor Financial Company Ltd (SFC)
- SFC has higher EPS (3.73 vs 2.61). MFC has higher dividend yield (5.0% vs 4.4%). MFC has a higher P/E ratio (12.276 vs 1.855) indicating it’s more expensive.
- Manulife Financial Corp (MFC) vs Great-West Lifeco Inc (GWO)
- 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.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (12.28) than the industry average (14.21), indicating potential undervaluation.
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