- CA$8.35bn
- CA$15.12bn
- CA$3.19bn
- 62
- 82
- 58
- 75
Growth & Value
12m Forecast Rolling | Industry | Market | |
---|---|---|---|
PE Ratio (f) | 9.26 | ||
PEG Ratio (f) | n/a | ||
EPS Growth (f) | -1.57% | ||
Dividend Yield (f) | 6.42% |
Valuation (ttm) | Industry | Market | |
---|---|---|---|
Price to Book Value | 1.25 | ||
Price to Tang. Book | 3.01 | ||
Price to Free Cashflow | 12.21 | ||
Price to Sales | 2.62 | ||
EV to EBITDA | 15.1 |
Shareholder Activity
Type | Buy / Hold / Sell |
---|---|
Institutions | |
Directors | |
Community |
Guru Screens
Quality
Name | Industry | Market | |
---|---|---|---|
Return on Capital | 4.79% | ||
Return on Equity | 14.55% | ||
Operating Margin | 28.08% |
Financial Summary
Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
---|---|---|---|---|---|---|---|---|---|
Total Revenue | CA$m | 3,116.2 | 3,150.72 | 3,587.6 | 3,149.32 | 3,186.37 | 3,330.75 | 3,500.5 | 0.56% |
Operating Profit | m | ||||||||
Net Profit | m | ||||||||
EPS Reported | |||||||||
Diluted Normalised EPS | |||||||||
EPS Growth | % | -4.2 | +2.74 | +27.15 | -12.01 | +8.2 | -4.04 | +7.19 | n/a |
PE Ratio | x | ||||||||
PEG | |||||||||
Profitability | |||||||||
Operating Margin | % | ||||||||
ROA | % | ||||||||
ROCE | % | ||||||||
ROE | % | ||||||||
Cashflow | |||||||||
Op. Cashflow ps | |||||||||
Capex ps | |||||||||
Free Cashflow ps | |||||||||
Dividends | |||||||||
Dividend ps | |||||||||
Dividend Growth | % | ||||||||
Dividend Yield | % | ||||||||
Dividend Cover | x | ||||||||
Balance Sheet | |||||||||
Cash etc | m | ||||||||
Working Capital | m | ||||||||
NFA | m | ||||||||
Net Debt | m | ||||||||
Book Value | m | ||||||||
Diluted Weighted Average Shares | m | ||||||||
Book Value ps |
Other Ratios
Leverage (ttm) | Total | - Intang | + Pension |
---|---|---|---|
Gross Gearing | |||
Net Gearing | |||
Cash / Assets |
Liquidity (ttm) | |
---|---|
Curr. Ratio | |
Quick Ratio | |
Interest Cov. |
Efficiency (ttm) | |
---|---|
Asset Turnover | |
Recs Turnover | |
Stock Turnover |
Recent History
Latest interim period vs. prior period | Industry | Market | |
---|---|---|---|
Sales Growth | |||
EPS Growth |
3yr Compound Annual Growth Rate | Industry | Market | |
---|---|---|---|
Sales CAGR | |||
EPS CAGR | |||
DPS CAGR |
Profile Summary
IGM Financial Inc. is a Canada-based wealth and asset management company. The Company operates through three segments: Wealth Management, Asset Management and Strategic Investments and Other. The Wealth Management segment includes the activities of operating companies that are principally focused on providing financial planning and related services to Canadian households. The Asset Management segment includes the activities of operating companies primarily focused on providing investment management services and represents the operations of Mackenzie Investments. Investment management services are provided to a suite of investment funds. The Strategic Investments and Other segment primarily represent the key strategic investments made by the Company, including China Asset Management Co., Ltd., Great-West Lifeco Inc., Rockefeller Capital Management, Northleaf Capital Group Ltd., Wealthsimple Financial Corp., and Portage Ventures LPs, as well as Unallocated capital.
Directors
- R. Jeffrey Orr NEC (62)
- James OSullivan PRE (57)
- Luke Gould CFO
- Barry Mcinerney CEX (57)
- Damon Murchison CEX
- Christopher Reynolds CEX
- Michael Dibden COO
- Cynthia Currie CHO
- Douglas Milne EVP
- Rhonda Goldberg EVP
- Blaine Shewchuk EVP
- Marc Bibeau IND (61)
- Marcel Coutu IND (67)
- Andre Desmarais IND (64)
- Paul Desmarais IND (67)
- Gary Doer IND (73)
- Susan Doniz IND (51)
- Claude Genereux IND (59)
- Sharon Hodgson IND (55)
- Sharon MacLeod IND (52)
- Susan McArthur IND (58)
- John McCallum IND (77)
- Gregory Tretiak IND (65)
- Beth Wilson IND (52)
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- August 3rd, 1978
- Public Since
- November 13th, 1986
- No. of Employees
- 4,010
- Sector
- Investment Banking & Investment Services
- Industry
- Financials
- Exchange
- Toronto Stock Exchange
- Shares in Issue
- 238,056,813
- Address
- 447 Portage Avenue, WINNIPEG, R3B 3H5
- Web
- https://www.igmfinancial.com/en
- Phone
- +1 2049568328
- Auditors
- Deloitte LLP
Upcoming Events for IGM
Q1 2024 IGM Financial Inc Earnings Release
Q1 2024 IGM Financial Inc Earnings Call
IGM Financial Inc Annual Shareholders Meeting
IGM Financial Inc Annual Shareholders Meeting
Q2 2024 IGM Financial Inc Earnings Release
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FAQ
As of Today at 18:11 UTC, shares in Igm Financial are trading at CA$35.06. This share price information is delayed by 15 minutes.
Shares in Igm Financial last closed at CA$35.06 and the price had moved by -13.43% over the past 365 days. In terms of relative price strength the Igm Financial share price has underperformed the Toronto Stock Exchange 300 Composite Index by -23.21% over the past year.
The overall consensus recommendation for Igm Financial is Hold. You can view the full broker recommendation list by unlocking its StockReport.
The Igm Financial dividend yield is 6.42% based on the trailing twelve month period.
Last year, Igm Financial paid a total dividend of CA$2.25, and it currently has a trailing dividend yield of 6.42%.Looking ahead, shares in Igm Financial are due to go ex-dividend on 2024-03-27 and the next dividend pay date is 2024-04-30.
Igm Financial are due to go ex-dividend on 2024-03-27 and the next dividend pay date is 2024-04-30. The historic dividend yield on Igm Financial shares is currently 6.42%.
To buy shares in Igm Financial you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of CA$35.06, shares in Igm Financial had a market capitalisation of CA$8.35bn.
Here are the trading details for Igm Financial:
- Country of listing: Canada
- Exchange: TOR
- Ticker Symbol: IGM
Based on an overall assessment of its quality, value and momentum Igm Financial is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Igm Financial is CA$41.71. That is 18.97% above the last closing price of CA$35.06.
Analysts covering Igm Financial currently have a consensus Earnings Per Share (EPS) forecast of CA$3.73 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Igm Financial. Over the past six months, its share price has underperformed the Toronto Stock Exchange 300 Composite Index by -14.93%.
As of the last closing price of CA$35.06, shares in Igm Financial were trading -3.61% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Igm Financial PE ratio based on its reported earnings over the past 12 months is 9.26. The shares last closed at CA$35.06.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Igm Financial's management team is headed by:
- R. Jeffrey Orr - NEC
- James OSullivan - PRE
- Luke Gould - CFO
- Barry Mcinerney - CEX
- Damon Murchison - CEX
- Christopher Reynolds - CEX
- Michael Dibden - COO
- Cynthia Currie - CHO
- Douglas Milne - EVP
- Rhonda Goldberg - EVP
- Blaine Shewchuk - EVP
- Marc Bibeau - IND
- Marcel Coutu - IND
- Andre Desmarais - IND
- Paul Desmarais - IND
- Gary Doer - IND
- Susan Doniz - IND
- Claude Genereux - IND
- Sharon Hodgson - IND
- Sharon MacLeod - IND
- Susan McArthur - IND
- John McCallum - IND
- Gregory Tretiak - IND
- Beth Wilson - IND