IGM FINANCIAL INC (IGM.CA) Fundamental Analysis & Valuation
TSX:IGM • CA4495861060
Current stock price
69.27 CAD
+0.21 (+0.3%)
Last:
This IGM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. IGM.CA Profitability Analysis
1.1 Basic Checks
- In the past year IGM was profitable.
- In the past year IGM had a positive cash flow from operations.
- Each year in the past 5 years IGM has been profitable.
- In the past 5 years IGM always reported a positive cash flow from operatings.
1.2 Ratios
- IGM's Return On Assets of 4.91% is fine compared to the rest of the industry. IGM outperforms 62.67% of its industry peers.
- IGM has a Return On Equity of 12.31%. This is in the better half of the industry: IGM outperforms 74.67% of its industry peers.
- IGM has a better Return On Invested Capital (4.73%) than 64.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for IGM is significantly below the industry average of 10.56%.
- The 3 year average ROIC (4.40%) for IGM is below the current ROIC(4.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 12.31% | ||
| ROIC | 4.73% |
ROA(3y)5.19%
ROA(5y)5.15%
ROE(3y)13.84%
ROE(5y)14.2%
ROIC(3y)4.4%
ROIC(5y)4.72%
1.3 Margins
- The Profit Margin of IGM (28.81%) is better than 69.33% of its industry peers.
- In the last couple of years the Profit Margin of IGM has grown nicely.
- With a decent Operating Margin value of 33.01%, IGM is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of IGM has grown nicely.
- Looking at the Gross Margin, with a value of 58.27%, IGM is in the better half of the industry, outperforming 70.67% of the companies in the same industry.
- In the last couple of years the Gross Margin of IGM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.01% | ||
| PM (TTM) | 28.81% | ||
| GM | 58.27% |
OM growth 3Y0.98%
OM growth 5Y2.36%
PM growth 3Y1.52%
PM growth 5Y3.5%
GM growth 3Y-0.44%
GM growth 5Y0.09%
2. IGM.CA Health Analysis
2.1 Basic Checks
- IGM has less shares outstanding than it did 1 year ago.
- IGM has less shares outstanding than it did 5 years ago.
- IGM has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.15, we must say that IGM is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.15, IGM is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- The Debt to FCF ratio of IGM is 12.76, which is on the high side as it means it would take IGM, 12.76 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of IGM (12.76) is comparable to the rest of the industry.
- IGM has a Debt/Equity ratio of 1.16. This is a high value indicating a heavy dependency on external financing.
- IGM's Debt to Equity ratio of 1.16 is in line compared to the rest of the industry. IGM outperforms 45.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 12.76 | ||
| Altman-Z | 1.15 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.26 indicates that IGM may have some problems paying its short term obligations.
- IGM's Current ratio of 0.26 is on the low side compared to the rest of the industry. IGM is outperformed by 88.00% of its industry peers.
- IGM has a Quick Ratio of 0.26. This is a bad value and indicates that IGM is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.26, IGM is not doing good in the industry: 88.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. IGM.CA Growth Analysis
3.1 Past
- IGM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.71%, which is quite good.
- The Earnings Per Share has been growing slightly by 7.51% on average over the past years.
- IGM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.42%.
- The Revenue has been growing slightly by 3.93% on average over the past years.
EPS 1Y (TTM)16.71%
EPS 3Y8.29%
EPS 5Y7.51%
EPS Q2Q%20.95%
Revenue 1Y (TTM)9.42%
Revenue growth 3Y6.65%
Revenue growth 5Y3.93%
Sales Q2Q%17.11%
3.2 Future
- Based on estimates for the next years, IGM will show a small growth in Earnings Per Share. The EPS will grow by 4.46% on average per year.
- The Revenue is expected to grow by 3.89% on average over the next years.
EPS Next Y11.08%
EPS Next 2Y9.83%
EPS Next 3Y5.5%
EPS Next 5Y4.47%
Revenue Next Year10.75%
Revenue Next 2Y7.81%
Revenue Next 3Y4.86%
Revenue Next 5Y3.89%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. IGM.CA Valuation Analysis
4.1 Price/Earnings Ratio
- IGM is valuated correctly with a Price/Earnings ratio of 15.03.
- IGM's Price/Earnings ratio is a bit more expensive when compared to the industry. IGM is more expensive than 65.33% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.78. IGM is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 13.53, which indicates a correct valuation of IGM.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of IGM indicates a somewhat cheap valuation: IGM is cheaper than 64.00% of the companies listed in the same industry.
- IGM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.54.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.03 | ||
| Fwd PE | 13.53 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as IGM.
- Based on the Price/Free Cash Flow ratio, IGM is valued a bit cheaper than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.73 | ||
| EV/EBITDA | 16.39 |
4.3 Compensation for Growth
- IGM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of IGM may justify a higher PE ratio.
PEG (NY)1.36
PEG (5Y)2
EPS Next 2Y9.83%
EPS Next 3Y5.5%
5. IGM.CA Dividend Analysis
5.1 Amount
- IGM has a Yearly Dividend Yield of 3.89%. Purely for dividend investing, there may be better candidates out there.
- IGM's Dividend Yield is rather good when compared to the industry average which is at 1.96. IGM pays more dividend than 82.67% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, IGM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
5.2 History
- IGM has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 48.40% of the earnings are spent on dividend by IGM. This is a bit on the high side, but may be sustainable.
DP48.4%
EPS Next 2Y9.83%
EPS Next 3Y5.5%
IGM.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:IGM (4/10/2026, 7:00:00 PM)
69.27
+0.21 (+0.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-12 2026-02-12/amc
Earnings (Next)05-06 2026-05-06
Inst Owners8.55%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap16.23B
Revenue(TTM)3.82B
Net Income(TTM)1.10B
Analysts68.33
Price Target71.69 (3.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
Yearly Dividend2.25
Dividend Growth(5Y)0%
DP48.4%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-31 2026-03-31 (0.62)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.1%
Min EPS beat(2)4.6%
Max EPS beat(2)9.61%
EPS beat(4)3
Avg EPS beat(4)3.94%
Min EPS beat(4)-4.04%
Max EPS beat(4)9.61%
EPS beat(8)5
Avg EPS beat(8)2.72%
EPS beat(12)6
Avg EPS beat(12)0.91%
EPS beat(16)8
Avg EPS beat(16)0.6%
Revenue beat(2)1
Avg Revenue beat(2)-1.1%
Min Revenue beat(2)-5.27%
Max Revenue beat(2)3.08%
Revenue beat(4)1
Avg Revenue beat(4)-2.64%
Min Revenue beat(4)-5.47%
Max Revenue beat(4)3.08%
Revenue beat(8)3
Avg Revenue beat(8)-1.03%
Revenue beat(12)3
Avg Revenue beat(12)-2.83%
Revenue beat(16)5
Avg Revenue beat(16)-2.27%
PT rev (1m)0%
PT rev (3m)13.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.4%
EPS NY rev (1m)0%
EPS NY rev (3m)2.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.03 | ||
| Fwd PE | 13.53 | ||
| P/S | 4.25 | ||
| P/FCF | 17.73 | ||
| P/OCF | 15.68 | ||
| P/B | 1.81 | ||
| P/tB | 3.23 | ||
| EV/EBITDA | 16.39 |
EPS(TTM)4.61
EY6.66%
EPS(NY)5.12
Fwd EY7.39%
FCF(TTM)3.91
FCFY5.64%
OCF(TTM)4.42
OCFY6.38%
SpS16.31
BVpS38.18
TBVpS21.42
PEG (NY)1.36
PEG (5Y)2
Graham Number62.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 12.31% | ||
| ROCE | 7.77% | ||
| ROIC | 4.73% | ||
| ROICexc | 5.04% | ||
| ROICexgc | 6.44% | ||
| OM | 33.01% | ||
| PM (TTM) | 28.81% | ||
| GM | 58.27% | ||
| FCFM | 23.95% |
ROA(3y)5.19%
ROA(5y)5.15%
ROE(3y)13.84%
ROE(5y)14.2%
ROIC(3y)4.4%
ROIC(5y)4.72%
ROICexc(3y)4.63%
ROICexc(5y)5.02%
ROICexgc(3y)5.92%
ROICexgc(5y)6.69%
ROCE(3y)6.76%
ROCE(5y)6.76%
ROICexgc growth 3Y-0.77%
ROICexgc growth 5Y-4.85%
ROICexc growth 3Y1.62%
ROICexc growth 5Y-1.72%
OM growth 3Y0.98%
OM growth 5Y2.36%
PM growth 3Y1.52%
PM growth 5Y3.5%
GM growth 3Y-0.44%
GM growth 5Y0.09%
F-Score7
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 12.76 | ||
| Debt/EBITDA | 7.65 | ||
| Cap/Depr | 122.36% | ||
| Cap/Sales | 3.14% | ||
| Interest Coverage | 4.07 | ||
| Cash Conversion | 76.14% | ||
| Profit Quality | 83.11% | ||
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 1.15 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)131.6%
Cap/Depr(5y)124.02%
Cap/Sales(3y)3.79%
Cap/Sales(5y)3.67%
Profit Quality(3y)82.3%
Profit Quality(5y)80.58%
High Growth Momentum
Growth
EPS 1Y (TTM)16.71%
EPS 3Y8.29%
EPS 5Y7.51%
EPS Q2Q%20.95%
EPS Next Y11.08%
EPS Next 2Y9.83%
EPS Next 3Y5.5%
EPS Next 5Y4.47%
Revenue 1Y (TTM)9.42%
Revenue growth 3Y6.65%
Revenue growth 5Y3.93%
Sales Q2Q%17.11%
Revenue Next Year10.75%
Revenue Next 2Y7.81%
Revenue Next 3Y4.86%
Revenue Next 5Y3.89%
EBIT growth 1Y12.05%
EBIT growth 3Y7.71%
EBIT growth 5Y6.39%
EBIT Next Year20.62%
EBIT Next 3Y7.75%
EBIT Next 5Y5.43%
FCF growth 1Y-6.03%
FCF growth 3Y15.56%
FCF growth 5Y7.79%
OCF growth 1Y-5.25%
OCF growth 3Y11.95%
OCF growth 5Y7.04%
IGM FINANCIAL INC / IGM.CA Fundamental Analysis FAQ
What is the ChartMill fundamental rating of IGM FINANCIAL INC (IGM.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to IGM.CA.
What is the valuation status of IGM FINANCIAL INC (IGM.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to IGM FINANCIAL INC (IGM.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for IGM FINANCIAL INC?
IGM FINANCIAL INC (IGM.CA) has a profitability rating of 7 / 10.
How financially healthy is IGM FINANCIAL INC?
The financial health rating of IGM FINANCIAL INC (IGM.CA) is 3 / 10.
Is the dividend of IGM FINANCIAL INC sustainable?
The dividend rating of IGM FINANCIAL INC (IGM.CA) is 5 / 10 and the dividend payout ratio is 48.4%.