IA FINANCIAL CORP INC (IAG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:IAG - CA45075E1043 - Common Stock
165.2 CAD
+1.41 (+0.86%)
Taking everything into account, IAG scores 4 out of 10 in our fundamental rating. IAG was compared to 81 industry peers in the Insurance industry. While IAG is still in line with the averages on profitability rating, there are concerns on its financial health. IAG is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
IAG had positive earnings in the past year.
In the past year IAG had a positive cash flow from operations.
IAG had positive earnings in each of the past 5 years.
Each year in the past 5 years IAG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of IAG (0.91%) is better than 74.07% of its industry peers.
Looking at the Return On Equity, with a value of 13.13%, IAG is in the better half of the industry, outperforming 76.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 13.13% | ||
| ROIC | N/A |
ROA(3y)0.68%
ROA(5y)0.73%
ROE(3y)9.29%
ROE(5y)9.74%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 10.87%, IAG perfoms like the industry average, outperforming 46.91% of the companies in the same industry.
In the last couple of years the Profit Margin of IAG has grown nicely.
The Operating Margin of IAG (14.21%) is worse than 83.95% of its industry peers.
In the last couple of years the Operating Margin of IAG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.21% | ||
| PM (TTM) | 10.87% | ||
| GM | N/A |
OM growth 3Y-0.81%
OM growth 5YN/A
PM growth 3Y25.59%
PM growth 5Y11.46%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
IAG does not have a ROIC to compare to the WACC, probably because it is not profitable.
IAG has less shares outstanding than it did 1 year ago.
IAG has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, IAG has a worse debt to assets ratio.
2.2 Solvency
IAG has a debt to FCF ratio of 2.60. This is a good value and a sign of high solvency as IAG would need 2.60 years to pay back of all of its debts.
The Debt to FCF ratio of IAG (2.60) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.18 indicates that IAG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.18, IAG belongs to the top of the industry, outperforming 91.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.6 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.21%
2.3 Liquidity
IAG has a Current Ratio of 0.09. This is a bad value and indicates that IAG is not financially healthy enough and could expect problems in meeting its short term obligations.
IAG has a Current ratio of 0.09. This is comparable to the rest of the industry: IAG outperforms 45.68% of its industry peers.
A Quick Ratio of 0.09 indicates that IAG may have some problems paying its short term obligations.
IAG has a Quick ratio (0.09) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 |
3. Growth
3.1 Past
IAG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.42%, which is quite impressive.
IAG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.19% yearly.
The Revenue has been growing slightly by 7.96% in the past year.
IAG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.44% yearly.
EPS 1Y (TTM)23.42%
EPS 3Y10.28%
EPS 5Y12.19%
EPS Q2Q%18.43%
Revenue 1Y (TTM)7.96%
Revenue growth 3Y-16.95%
Revenue growth 5Y-4.44%
Sales Q2Q%3.8%
3.2 Future
The Earnings Per Share is expected to grow by 10.32% on average over the next years. This is quite good.
IAG is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -41.42% yearly.
EPS Next Y16.5%
EPS Next 2Y10.99%
EPS Next 3Y10.32%
EPS Next 5YN/A
Revenue Next Year167.61%
Revenue Next 2Y-41.42%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.80, the valuation of IAG can be described as correct.
IAG's Price/Earnings ratio is rather expensive when compared to the industry. IAG is more expensive than 90.12% of the companies in the same industry.
IAG is valuated cheaply when we compare the Price/Earnings ratio to 26.37, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.02, IAG is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IAG indicates a slightly more expensive valuation: IAG is more expensive than 65.43% of the companies listed in the same industry.
IAG is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.8 | ||
| Fwd PE | 12.02 |
4.2 Price Multiples
65.43% of the companies in the same industry are more expensive than IAG, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, IAG is valued expensively inside the industry as 96.30% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.47 | ||
| EV/EBITDA | 8.51 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.78
PEG (5Y)1.05
EPS Next 2Y10.99%
EPS Next 3Y10.32%
5. Dividend
5.1 Amount
IAG has a Yearly Dividend Yield of 2.40%.
With a Dividend Yield of 2.40, IAG pays less dividend than the industry average, which is at 4.32. 88.89% of the companies listed in the same industry pay a better dividend than IAG!
Compared to an average S&P500 Dividend Yield of 2.32, IAG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
5.2 History
On average, the dividend of IAG grows each year by 13.14%, which is quite nice.
IAG has been paying a dividend for at least 10 years, so it has a reliable track record.
IAG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)13.14%
Div Incr Years11
Div Non Decr Years18
5.3 Sustainability
35.20% of the earnings are spent on dividend by IAG. This is a low number and sustainable payout ratio.
IAG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP35.2%
EPS Next 2Y10.99%
EPS Next 3Y10.32%
TSX:IAG (12/3/2025, 7:00:00 PM)
165.2
+1.41 (+0.86%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners45.91%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap15.22B
Revenue(TTM)10.04B
Net Income(TTM)1.09B
Analysts74.55
Price Target178.06 (7.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
Yearly Dividend3.61
Dividend Growth(5Y)13.14%
DP35.2%
Div Incr Years11
Div Non Decr Years18
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.02%
Min EPS beat(2)5.25%
Max EPS beat(2)12.8%
EPS beat(4)4
Avg EPS beat(4)7.68%
Min EPS beat(4)5.09%
Max EPS beat(4)12.8%
EPS beat(8)7
Avg EPS beat(8)5.56%
EPS beat(12)10
Avg EPS beat(12)4.23%
EPS beat(16)12
Avg EPS beat(16)2.86%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)13.48%
PT rev (3m)13.48%
EPS NQ rev (1m)1.05%
EPS NQ rev (3m)2.37%
EPS NY rev (1m)0.35%
EPS NY rev (3m)0.35%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.8 | ||
| Fwd PE | 12.02 | ||
| P/S | 1.52 | ||
| P/FCF | 26.47 | ||
| P/OCF | 18.84 | ||
| P/B | 1.83 | ||
| P/tB | 3.14 | ||
| EV/EBITDA | 8.51 |
EPS(TTM)12.91
EY7.81%
EPS(NY)13.75
Fwd EY8.32%
FCF(TTM)6.24
FCFY3.78%
OCF(TTM)8.77
OCFY5.31%
SpS108.98
BVpS90.21
TBVpS52.67
PEG (NY)0.78
PEG (5Y)1.05
Graham Number161.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 13.13% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 14.21% | ||
| PM (TTM) | 10.87% | ||
| GM | N/A | ||
| FCFM | 5.73% |
ROA(3y)0.68%
ROA(5y)0.73%
ROE(3y)9.29%
ROE(5y)9.74%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)0.95%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-0.81%
OM growth 5YN/A
PM growth 3Y25.59%
PM growth 5Y11.46%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.6 | ||
| Debt/EBITDA | 0.84 | ||
| Cap/Depr | 66.95% | ||
| Cap/Sales | 2.32% | ||
| Interest Coverage | 23.39 | ||
| Cash Conversion | 45.52% | ||
| Profit Quality | 52.7% | ||
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 | ||
| Altman-Z | N/A |
F-Score5
WACC7.21%
ROIC/WACCN/A
Cap/Depr(3y)79.94%
Cap/Depr(5y)72.25%
Cap/Sales(3y)3.62%
Cap/Sales(5y)2.72%
Profit Quality(3y)108.24%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)23.42%
EPS 3Y10.28%
EPS 5Y12.19%
EPS Q2Q%18.43%
EPS Next Y16.5%
EPS Next 2Y10.99%
EPS Next 3Y10.32%
EPS Next 5YN/A
Revenue 1Y (TTM)7.96%
Revenue growth 3Y-16.95%
Revenue growth 5Y-4.44%
Sales Q2Q%3.8%
Revenue Next Year167.61%
Revenue Next 2Y-41.42%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y4.93%
EBIT growth 3Y-17.62%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-38.24%
FCF growth 3YN/A
FCF growth 5Y23.28%
OCF growth 1Y-33.77%
OCF growth 3Y77.87%
OCF growth 5Y20.02%
IA FINANCIAL CORP INC / IAG.CA FAQ
What is the fundamental rating for IAG stock?
ChartMill assigns a fundamental rating of 4 / 10 to IAG.CA.
What is the valuation status for IAG stock?
ChartMill assigns a valuation rating of 4 / 10 to IA FINANCIAL CORP INC (IAG.CA). This can be considered as Fairly Valued.
How profitable is IA FINANCIAL CORP INC (IAG.CA) stock?
IA FINANCIAL CORP INC (IAG.CA) has a profitability rating of 4 / 10.
Can you provide the financial health for IAG stock?
The financial health rating of IA FINANCIAL CORP INC (IAG.CA) is 3 / 10.
How sustainable is the dividend of IA FINANCIAL CORP INC (IAG.CA) stock?
The dividend rating of IA FINANCIAL CORP INC (IAG.CA) is 5 / 10 and the dividend payout ratio is 35.2%.