IA FINANCIAL CORP INC (IAG.CA) Stock Fundamental Analysis
TSX:IAG - Toronto Stock Exchange - CA45075E1043 - Common Stock - Currency: CAD
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. IAG has only an average score on both its financial health and profitability. IAG is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
IAG had positive earnings in the past year.
IAG had a positive operating cash flow in the past year.
Each year in the past 5 years IAG has been profitable.
Each year in the past 5 years IAG had a positive operating cash flow.
1.2 Ratios
IAG has a better Return On Assets (0.80%) than 62.96% of its industry peers.
The Return On Equity of IAG (11.84%) is better than 75.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 11.84% | ||
| 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
IAG has a Profit Margin (9.30%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of IAG has grown nicely.
IAG has a Operating Margin of 12.81%. This is amonst the worse of the industry: IAG underperforms 93.83% 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 | 12.81% | ||
| PM (TTM) | 9.3% | ||
| 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.
Compared to 1 year ago, IAG has less shares outstanding
IAG has less shares outstanding than it did 5 years ago.
IAG has a worse debt/assets ratio than last year.
2.2 Solvency
IAG has a debt to FCF ratio of 1.16. This is a very positive value and a sign of high solvency as it would only need 1.16 years to pay back of all of its debts.
IAG has a better Debt to FCF ratio (1.16) than 81.48% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that IAG is not too dependend on debt financing.
IAG has a better Debt to Equity ratio (0.20) than 90.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.2%
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.
With a Current ratio value of 0.09, IAG perfoms like the industry average, outperforming 43.21% of the companies in the same industry.
IAG has a Quick 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.
The Quick ratio of IAG (0.09) 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
The Earnings Per Share has grown by an impressive 20.52% over the past year.
Measured over the past years, IAG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.19% on average per year.
The Revenue has grown by 16.43% in the past year. This is quite good.
IAG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.44% yearly.
EPS 1Y (TTM)20.52%
EPS 3Y10.28%
EPS 5Y12.19%
EPS Q2Q%19.26%
Revenue 1Y (TTM)16.43%
Revenue growth 3Y-16.95%
Revenue growth 5Y-4.44%
Sales Q2Q%9.07%
3.2 Future
IAG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.41% yearly.
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 Y11.27%
EPS Next 2Y10.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-100%
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
A Price/Earnings ratio of 12.67 indicates a correct valuation of IAG.
88.89% of the companies in the same industry are cheaper than IAG, based on the Price/Earnings ratio.
IAG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.92.
The Price/Forward Earnings ratio is 10.83, which indicates a very decent valuation of IAG.
IAG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. IAG is more expensive than 64.20% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.49, IAG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.67 | ||
| Fwd PE | 10.83 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IAG is valued a bit cheaper than 66.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IAG indicates a rather expensive valuation: IAG more expensive than 87.65% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.63 | ||
| EV/EBITDA | 8.95 |
4.3 Compensation for Growth
IAG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.12
PEG (5Y)1.04
EPS Next 2Y10.41%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.46%, IAG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.99, IAG's dividend is way lower than its industry peers. On top of this 87.65% of the companies listed in the same industry pay a better dividend than IAG!
Compared to an average S&P500 Dividend Yield of 2.43, IAG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.46% |
5.2 History
The dividend of IAG is nicely growing with an annual growth rate of 13.14%!
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
40.45% of the earnings are spent on dividend by IAG. This is a bit on the high side, but may be sustainable.
The dividend of IAG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP40.45%
EPS Next 2Y10.41%
EPS Next 3YN/A
TSX:IAG (6/27/2025, 7:00:00 PM)
147.38
+0.87 (+0.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners46.57%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap13.72B
Analysts74.55
Price Target146.15 (-0.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.46% |
Yearly Dividend3.61
Dividend Growth(5Y)13.14%
DP40.45%
Div Incr Years11
Div Non Decr Years18
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.34%
Min EPS beat(2)5.09%
Max EPS beat(2)7.59%
EPS beat(4)4
Avg EPS beat(4)7.63%
Min EPS beat(4)5.09%
Max EPS beat(4)10.97%
EPS beat(8)7
Avg EPS beat(8)4.08%
EPS beat(12)10
Avg EPS beat(12)3.66%
EPS beat(16)12
Avg EPS beat(16)2.92%
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)0.82%
PT rev (3m)-0.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.09%
EPS NY rev (1m)0%
EPS NY rev (3m)1.97%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.67 | ||
| Fwd PE | 10.83 | ||
| P/S | 1.43 | ||
| P/FCF | 10.63 | ||
| P/OCF | 8.79 | ||
| P/B | 1.81 | ||
| P/tB | 3.39 | ||
| EV/EBITDA | 8.95 |
EPS(TTM)11.63
EY7.89%
EPS(NY)13.6
Fwd EY9.23%
FCF(TTM)13.87
FCFY9.41%
OCF(TTM)16.77
OCFY11.38%
SpS103.38
BVpS81.24
TBVpS43.44
PEG (NY)1.12
PEG (5Y)1.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 11.84% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 12.81% | ||
| PM (TTM) | 9.3% | ||
| GM | N/A | ||
| FCFM | 13.42% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score8
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.16 | ||
| Debt/EBITDA | 0.96 | ||
| Cap/Depr | 81.82% | ||
| Cap/Sales | 2.81% | ||
| Interest Coverage | 21.26 | ||
| Cash Conversion | 99.87% | ||
| Profit Quality | 144.25% | ||
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 | ||
| Altman-Z | N/A |
F-Score8
WACC8.2%
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)20.52%
EPS 3Y10.28%
EPS 5Y12.19%
EPS Q2Q%19.26%
EPS Next Y11.27%
EPS Next 2Y10.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)16.43%
Revenue growth 3Y-16.95%
Revenue growth 5Y-4.44%
Sales Q2Q%9.07%
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y21.24%
EBIT growth 3Y-17.62%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2.64%
FCF growth 3YN/A
FCF growth 5Y23.28%
OCF growth 1Y-2.62%
OCF growth 3Y77.87%
OCF growth 5Y20.02%