SLF : Sun Life Financial Inc Stock Profile

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

Sun Life Financial Inc trades with the ticker SLF on the TSX and is in the Insurance – Diversified industry.

Overview
Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance. The company also provides advice for financial planning and retirement planning services; investments products, such as mutual funds, segregated funds, and annuities; and asset and investment management products consisting of pooled funds, institutional portfolios, and pension funds. In addition, it offers real estate services; manages equity capital in various private and listed funds, as well as mezzanine debt, middle market direct lending, high-yield bonds, and syndicated loans; and operates as an investment grade fixed income investor, real estate investment management advisor, infrastructure investment manager, and alternative credit investment manager. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada.
 

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

SLF.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $43385.463MM

PE Ratio: 14.108

Price: 54.93 (Updated: 3/12/2024 0:47:16)



Sun Life Financial Inc (SLF) vs Competitors in Insurance – Diversified

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

iA Financial Corporation Inc

.

Insurance – Diversified Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
iA Financial Corporation Inc (IAG) $8,717.74 11.696 0.0 3.8%
Sun Life Financial Inc (SLF) $43,385.463 14.108 0.0 4.2%

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 – Diversified

  • Sun Life Financial Inc (SLF) vs iA Financial Corporation Inc (IAG)
    • IAG has higher EPS (7.48 vs 5.26). SLF has higher dividend yield (4.2% vs 3.8%). SLF has a higher P/E ratio (14.108 vs 11.696) indicating it’s more expensive.

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

How to Buy SLF 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