IA FINANCIAL CORP INC (IAG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:IAG - CA45075E1043 - Common Stock
171.58 CAD
+0.93 (+0.54%)
We assign a fundamental rating of 4 out of 10 to IAG. IAG was compared to 80 industry peers in the Insurance industry. IAG has an average financial health and profitability rating. IAG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year IAG was profitable.
- IAG had a positive operating cash flow in the past year.
- 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 76.25% of its industry peers.
- The Return On Equity of IAG (13.13%) is better than 77.50% of its industry peers.
| 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
- IAG has a Profit Margin (10.87%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of IAG has grown nicely.
- With a Operating Margin value of 14.21%, IAG is not doing good in the industry: 65.00% of the companies in the same industry are doing better.
- IAG's Operating Margin has been stable in the last couple of years.
| 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.
- The number of shares outstanding for IAG has been reduced compared to 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.
- IAG has a Debt to FCF ratio (2.60) which 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.
- IAG has a better Debt to Equity ratio (0.18) than 91.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.6 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.46%
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.
- Looking at the Current ratio, with a value of 0.09, IAG is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
- A Quick Ratio of 0.09 indicates that IAG may have some problems paying its short term obligations.
- The Quick ratio of IAG (0.09) is better than 65.00% of its industry peers.
| 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.
- 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.
- IAG shows a small growth in Revenue. In the last year, the Revenue has grown by 7.96%.
- The Revenue has been decreasing by -4.44% on average over the past years.
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
- Based on estimates for the next years, IAG will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.39% on average per year.
- The Revenue is expected to grow by 11.27% on average over the next years. This is quite good.
EPS Next Y18.97%
EPS Next 2Y12.64%
EPS Next 3Y11.39%
EPS Next 5YN/A
Revenue Next Year121.94%
Revenue Next 2Y14.43%
Revenue Next 3Y11.27%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 13.29, the valuation of IAG can be described as correct.
- IAG's Price/Earnings ratio is a bit more expensive when compared to the industry. IAG is more expensive than 71.25% of the companies in the same industry.
- When comparing the Price/Earnings ratio of IAG to the average of the S&P500 Index (27.32), we can say IAG is valued rather cheaply.
- With a Price/Forward Earnings ratio of 12.12, 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 66.25% of the companies listed in the same industry.
- IAG is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.29 | ||
| Fwd PE | 12.12 |
4.2 Price Multiples
- IAG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. IAG is cheaper than 66.25% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, IAG is valued a bit more expensive than 78.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.45 | ||
| EV/EBITDA | 8.82 |
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)0.7
PEG (5Y)1.09
EPS Next 2Y12.64%
EPS Next 3Y11.39%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.18%, IAG has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 4.15, IAG's dividend is way lower than its industry peers. On top of this 86.25% of the companies listed in the same industry pay a better dividend than IAG!
- Compared to an average S&P500 Dividend Yield of 1.86, IAG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
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
- IAG pays out 35.20% of its income as dividend. This is a sustainable payout ratio.
- The dividend of IAG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP35.2%
EPS Next 2Y12.64%
EPS Next 3Y11.39%
TSX:IAG (1/21/2026, 7:00:00 PM)
171.58
+0.93 (+0.54%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)11-04 2025-11-04/amc
Earnings (Next)02-17 2026-02-17
Inst Owners47.62%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap15.78B
Revenue(TTM)10.04B
Net Income(TTM)1.09B
Analysts73.33
Price Target179.37 (4.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
Yearly Dividend3.61
Dividend Growth(5Y)13.14%
DP35.2%
Div Incr Years11
Div Non Decr Years18
Ex-DateN/A
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)0.74%
PT rev (3m)14.32%
EPS NQ rev (1m)-0.13%
EPS NQ rev (3m)1.23%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)2.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-17.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.29 | ||
| Fwd PE | 12.12 | ||
| P/S | 1.57 | ||
| P/FCF | 27.45 | ||
| P/OCF | 19.53 | ||
| P/B | 1.9 | ||
| P/tB | 3.25 | ||
| EV/EBITDA | 8.82 |
EPS(TTM)12.91
EY7.52%
EPS(NY)14.16
Fwd EY8.25%
FCF(TTM)6.25
FCFY3.64%
OCF(TTM)8.78
OCFY5.12%
SpS109.17
BVpS90.37
TBVpS52.76
PEG (NY)0.7
PEG (5Y)1.09
Graham Number162.02
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
WACC7.46%
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 Y18.97%
EPS Next 2Y12.64%
EPS Next 3Y11.39%
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 Year121.94%
Revenue Next 2Y14.43%
Revenue Next 3Y11.27%
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 of IA FINANCIAL CORP INC (IAG.CA) 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.
What are the PE and PB ratios of IA FINANCIAL CORP INC (IAG.CA) stock?
The Price/Earnings (PE) ratio for IA FINANCIAL CORP INC (IAG.CA) is 13.29 and the Price/Book (PB) ratio is 1.9.
Can you provide the dividend sustainability for IAG stock?
The dividend rating of IA FINANCIAL CORP INC (IAG.CA) is 5 / 10 and the dividend payout ratio is 35.2%.