IGM FINANCIAL INC (IGM.CA) Stock Fundamental Analysis
Canada - TSX:IGM - CA4495861060 - Common Stock
56.26 CAD
+0.15 (+0.27%)
IGM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 85 industry peers in the Capital Markets industry. IGM has an excellent profitability rating, but there are concerns on its financial health. IGM is not valued too expensively and it also shows a decent growth rate. Finally IGM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year IGM was profitable.
In the past year IGM had a positive cash flow from operations.
In the past 5 years IGM has always been profitable.
IGM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.83%, IGM is doing good in the industry, outperforming 69.41% of the companies in the same industry.
IGM's Return On Equity of 12.05% is fine compared to the rest of the industry. IGM outperforms 76.47% of its industry peers.
IGM has a better Return On Invested Capital (5.04%) than 72.94% of its industry peers.
IGM had an Average Return On Invested Capital over the past 3 years of 4.45%. This is significantly below the industry average of 10.08%.
The last Return On Invested Capital (5.04%) for IGM is above the 3 year average (4.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 12.05% | ||
| ROIC | 5.04% |
ROA(3y)5.1%
ROA(5y)5.12%
ROE(3y)14.51%
ROE(5y)14.8%
ROIC(3y)4.45%
ROIC(5y)4.95%
1.3 Margins
With a decent Profit Margin value of 26.87%, IGM is doing good in the industry, outperforming 70.59% of the companies in the same industry.
In the last couple of years the Profit Margin of IGM has grown nicely.
With a decent Operating Margin value of 32.15%, IGM is doing good in the industry, outperforming 75.29% of the companies in the same industry.
IGM's Operating Margin has been stable in the last couple of years.
IGM's Gross Margin of 58.13% is fine compared to the rest of the industry. IGM outperforms 76.47% of its industry peers.
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 | 32.15% | ||
| PM (TTM) | 26.87% | ||
| GM | 58.13% |
OM growth 3Y-0.8%
OM growth 5Y0.68%
PM growth 3Y-0.68%
PM growth 5Y2.21%
GM growth 3Y0.39%
GM growth 5Y0.55%
2. Health
2.1 Basic Checks
Compared to 1 year ago, IGM has about the same amount of shares outstanding.
Compared to 5 years ago, IGM has about the same amount of shares outstanding.
The debt/assets ratio for IGM is higher compared to a year ago.
2.2 Solvency
IGM has an Altman-Z score of 1.17. This is a bad value and indicates that IGM is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.17, IGM is doing good in the industry, outperforming 62.35% of the companies in the same industry.
IGM has a debt to FCF ratio of 11.12. This is a negative value and a sign of low solvency as IGM would need 11.12 years to pay back of all of its debts.
The Debt to FCF ratio of IGM (11.12) is better than 61.18% of its industry peers.
A Debt/Equity ratio of 1.12 is on the high side and indicates that IGM has dependencies on debt financing.
The Debt to Equity ratio of IGM (1.12) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 11.12 | ||
| Altman-Z | 1.17 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
IGM has a Current Ratio of 0.25. This is a bad value and indicates that IGM is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of IGM (0.25) is worse than 87.06% of its industry peers.
IGM has a Quick Ratio of 0.25. This is a bad value and indicates that IGM is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.25, IGM is doing worse than 85.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.60% over the past year.
Measured over the past 5 years, IGM shows a small growth in Earnings Per Share. The EPS has been growing by 4.30% on average per year.
Looking at the last year, IGM shows a quite strong growth in Revenue. The Revenue has grown by 10.15% in the last year.
Measured over the past years, IGM shows a small growth in Revenue. The Revenue has been growing by 2.30% on average per year.
EPS 1Y (TTM)15.6%
EPS 3Y-0.83%
EPS 5Y4.3%
EPS Q2Q%15.05%
Revenue 1Y (TTM)10.15%
Revenue growth 3Y-0.9%
Revenue growth 5Y2.3%
Sales Q2Q%9.36%
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 4.39% on average per year.
IGM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.19% yearly.
EPS Next Y10.95%
EPS Next 2Y9.58%
EPS Next 3Y7.83%
EPS Next 5Y4.39%
Revenue Next Year10.51%
Revenue Next 2Y8.32%
Revenue Next 3Y7.09%
Revenue Next 5Y4.19%
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
A Price/Earnings ratio of 13.56 indicates a correct valuation of IGM.
IGM's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.35. IGM is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 11.86 indicates a reasonable valuation of IGM.
IGM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IGM is cheaper than 68.24% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of IGM to the average of the S&P500 Index (33.72), we can say IGM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.56 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IGM is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, IGM is valued a bit cheaper than 77.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.17 | ||
| EV/EBITDA | 15.85 |
4.3 Compensation for Growth
The 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)1.24
PEG (5Y)3.15
EPS Next 2Y9.58%
EPS Next 3Y7.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.21%, IGM is a good candidate for dividend investing.
IGM's Dividend Yield is rather good when compared to the industry average which is at 3.04. IGM pays more dividend than 84.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, IGM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
5.2 History
The dividend of IGM decreases each year by -0.23%.
IGM has paid a dividend for at least 10 years, which is a reliable track record.
IGM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.23%
Div Incr Years1
Div Non Decr Years34
5.3 Sustainability
54.73% of the earnings are spent on dividend by IGM. This is a bit on the high side, but may be sustainable.
DP54.73%
EPS Next 2Y9.58%
EPS Next 3Y7.83%
TSX:IGM (11/11/2025, 7:00:00 PM)
56.26
+0.15 (+0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners7.55%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap13.31B
Revenue(TTM)3.63B
Net Income(TTM)974.43M
Analysts70.91
Price Target56.78 (0.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
Yearly Dividend2.24
Dividend Growth(5Y)-0.23%
DP54.73%
Div Incr Years1
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.78%
Min EPS beat(2)-4.04%
Max EPS beat(2)5.6%
EPS beat(4)2
Avg EPS beat(4)0.93%
Min EPS beat(4)-4.04%
Max EPS beat(4)5.6%
EPS beat(8)3
Avg EPS beat(8)0.04%
EPS beat(12)6
Avg EPS beat(12)0.79%
EPS beat(16)7
Avg EPS beat(16)0.07%
Revenue beat(2)0
Avg Revenue beat(2)-4.18%
Min Revenue beat(2)-5.47%
Max Revenue beat(2)-2.9%
Revenue beat(4)1
Avg Revenue beat(4)-1.86%
Min Revenue beat(4)-5.47%
Max Revenue beat(4)1.16%
Revenue beat(8)2
Avg Revenue beat(8)-2.73%
Revenue beat(12)4
Avg Revenue beat(12)-2.47%
Revenue beat(16)6
Avg Revenue beat(16)-1.82%
PT rev (1m)4.38%
PT rev (3m)14.38%
EPS NQ rev (1m)2.11%
EPS NQ rev (3m)3.95%
EPS NY rev (1m)1.34%
EPS NY rev (3m)-0.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.5%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.56 | ||
| Fwd PE | 11.86 | ||
| P/S | 3.67 | ||
| P/FCF | 14.17 | ||
| P/OCF | 12.61 | ||
| P/B | 1.65 | ||
| P/tB | 3.19 | ||
| EV/EBITDA | 15.85 |
EPS(TTM)4.15
EY7.38%
EPS(NY)4.74
Fwd EY8.43%
FCF(TTM)3.97
FCFY7.06%
OCF(TTM)4.46
OCFY7.93%
SpS15.33
BVpS34.19
TBVpS17.63
PEG (NY)1.24
PEG (5Y)3.15
Graham Number56.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 12.05% | ||
| ROCE | 7.57% | ||
| ROIC | 5.04% | ||
| ROICexc | 5.28% | ||
| ROICexgc | 6.93% | ||
| OM | 32.15% | ||
| PM (TTM) | 26.87% | ||
| GM | 58.13% | ||
| FCFM | 25.9% |
ROA(3y)5.1%
ROA(5y)5.12%
ROE(3y)14.51%
ROE(5y)14.8%
ROIC(3y)4.45%
ROIC(5y)4.95%
ROICexc(3y)4.67%
ROICexc(5y)5.26%
ROICexgc(3y)6.14%
ROICexgc(5y)7.25%
ROCE(3y)6.11%
ROCE(5y)6.55%
ROICexgc growth 3Y-11.94%
ROICexgc growth 5Y-6.84%
ROICexc growth 3Y-8.83%
ROICexc growth 5Y-4.31%
OM growth 3Y-0.8%
OM growth 5Y0.68%
PM growth 3Y-0.68%
PM growth 5Y2.21%
GM growth 3Y0.39%
GM growth 5Y0.55%
F-Score7
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 11.12 | ||
| Debt/EBITDA | 7.19 | ||
| Cap/Depr | 121.89% | ||
| Cap/Sales | 3.21% | ||
| Interest Coverage | 3.76 | ||
| Cash Conversion | 83.68% | ||
| Profit Quality | 96.38% | ||
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 | ||
| Altman-Z | 1.17 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)137.22%
Cap/Depr(5y)125.37%
Cap/Sales(3y)4.27%
Cap/Sales(5y)3.73%
Profit Quality(3y)79.55%
Profit Quality(5y)81.7%
High Growth Momentum
Growth
EPS 1Y (TTM)15.6%
EPS 3Y-0.83%
EPS 5Y4.3%
EPS Q2Q%15.05%
EPS Next Y10.95%
EPS Next 2Y9.58%
EPS Next 3Y7.83%
EPS Next 5Y4.39%
Revenue 1Y (TTM)10.15%
Revenue growth 3Y-0.9%
Revenue growth 5Y2.3%
Sales Q2Q%9.36%
Revenue Next Year10.51%
Revenue Next 2Y8.32%
Revenue Next 3Y7.09%
Revenue Next 5Y4.19%
EBIT growth 1Y12.2%
EBIT growth 3Y-1.69%
EBIT growth 5Y2.99%
EBIT Next Year17.99%
EBIT Next 3Y8.85%
EBIT Next 5Y5.04%
FCF growth 1Y35.46%
FCF growth 3Y6.44%
FCF growth 5Y10.45%
OCF growth 1Y26.96%
OCF growth 3Y6.9%
OCF growth 5Y10.11%
IGM FINANCIAL INC / IGM.CA 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 for IGM stock?
ChartMill assigns a valuation rating of 5 / 10 to IGM FINANCIAL INC (IGM.CA). This can be considered as Fairly Valued.
How profitable is IGM FINANCIAL INC (IGM.CA) stock?
IGM FINANCIAL INC (IGM.CA) has a profitability rating of 7 / 10.
What is the financial health of IGM FINANCIAL INC (IGM.CA) stock?
The financial health rating of IGM FINANCIAL INC (IGM.CA) is 2 / 10.
Can you provide the expected EPS growth for IGM stock?
The Earnings per Share (EPS) of IGM FINANCIAL INC (IGM.CA) is expected to grow by 10.95% in the next year.