IGM FINANCIAL INC (IGM.CA) Stock Fundamental Analysis

TSX:IGM • CA4495861060

60.95 CAD
-1.06 (-1.71%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall IGM gets a fundamental rating of 5 out of 10. We evaluated IGM against 78 industry peers in the Capital Markets industry. IGM scores excellent on profitability, but there are concerns on its financial health. IGM is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • IGM had positive earnings in the past year.
  • IGM had a positive operating cash flow in the past year.
  • In the past 5 years IGM has always been profitable.
  • In the past 5 years IGM always reported a positive cash flow from operatings.
IGM.CA Yearly Net Income VS EBIT VS OCF VS FCFIGM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.95%, IGM is in the better half of the industry, outperforming 65.38% of the companies in the same industry.
  • IGM has a Return On Equity of 11.62%. This is in the better half of the industry: IGM outperforms 66.67% of its industry peers.
  • IGM's Return On Invested Capital of 5.08% is fine compared to the rest of the industry. IGM outperforms 70.51% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for IGM is significantly below the industry average of 10.45%.
  • The last Return On Invested Capital (5.08%) for IGM is above the 3 year average (4.45%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.95%
ROE 11.62%
ROIC 5.08%
ROA(3y)5.1%
ROA(5y)5.12%
ROE(3y)14.51%
ROE(5y)14.8%
ROIC(3y)4.45%
ROIC(5y)4.95%
IGM.CA Yearly ROA, ROE, ROICIGM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • IGM has a better Profit Margin (27.73%) than 69.23% 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 32.71%, IGM is doing good in the industry, outperforming 73.08% of the companies in the same industry.
  • IGM's Operating Margin has been stable in the last couple of years.
  • IGM has a better Gross Margin (58.35%) than 74.36% 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 RankSector Rank
OM 32.71%
PM (TTM) 27.73%
GM 58.35%
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%
IGM.CA Yearly Profit, Operating, Gross MarginsIGM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • IGM has about the same amout of shares outstanding than it did 1 year ago.
  • IGM has about the same amout of shares outstanding than it did 5 years ago.
  • The debt/assets ratio for IGM is higher compared to a year ago.
IGM.CA Yearly Shares OutstandingIGM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
IGM.CA Yearly Total Debt VS Total AssetsIGM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • Based on the Altman-Z score of 1.25, we must say that IGM is in the distress zone and has some risk of bankruptcy.
  • With a decent Altman-Z score value of 1.25, IGM is doing good in the industry, outperforming 65.38% of the companies in the same industry.
  • IGM has a debt to FCF ratio of 11.03. This is a negative value and a sign of low solvency as IGM would need 11.03 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 11.03, IGM is in the better half of the industry, outperforming 62.82% of the companies in the same industry.
  • IGM has a Debt/Equity ratio of 0.99. This is a neutral value indicating IGM is somewhat dependend on debt financing.
  • IGM's Debt to Equity ratio of 0.99 is in line compared to the rest of the industry. IGM outperforms 46.15% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.99
Debt/FCF 11.03
Altman-Z 1.25
ROIC/WACCN/A
WACCN/A
IGM.CA Yearly LT Debt VS Equity VS FCFIGM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.3 Liquidity

  • IGM has a Current Ratio of 0.30. 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 Current ratio value of 0.30, IGM is not doing good in the industry: 87.18% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.30 indicates that IGM may have some problems paying its short term obligations.
  • IGM has a worse Quick ratio (0.30) than 85.90% of its industry peers.
Industry RankSector Rank
Current Ratio 0.3
Quick Ratio 0.3
IGM.CA Yearly Current Assets VS Current LiabilitesIGM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 17.38% over the past year.
  • IGM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.30% yearly.
  • The Revenue has grown by 10.92% in the past year. This is quite good.
  • The Revenue has been growing slightly by 2.30% on average over the past years.
EPS 1Y (TTM)17.38%
EPS 3Y-0.83%
EPS 5Y4.3%
EPS Q2Q%23.3%
Revenue 1Y (TTM)10.92%
Revenue growth 3Y-0.9%
Revenue growth 5Y2.3%
Sales Q2Q%13.92%

3.2 Future

  • IGM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.56% yearly.
  • IGM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.44% yearly.
EPS Next Y15.75%
EPS Next 2Y12.3%
EPS Next 3Y10.16%
EPS Next 5Y4.56%
Revenue Next Year9.98%
Revenue Next 2Y9.52%
Revenue Next 3Y8.13%
Revenue Next 5Y4.44%

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 accelerating.
IGM.CA Yearly Revenue VS EstimatesIGM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B
IGM.CA Yearly EPS VS EstimatesIGM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 13.88, IGM is valued correctly.
  • Based on the Price/Earnings ratio, IGM is valued a bit more expensive than the industry average as 62.82% of the companies are valued more cheaply.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, IGM is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 12.23, 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 65.38% of the companies listed in the same industry.
  • IGM is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.69, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.88
Fwd PE 12.23
IGM.CA Price Earnings VS Forward Price EarningsIGM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

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 cheaper than 82.05% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.6
EV/EBITDA 15.82
IGM.CA Per share dataIGM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • IGM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • IGM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.88
PEG (5Y)3.23
EPS Next 2Y12.3%
EPS Next 3Y10.16%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • IGM has a Yearly Dividend Yield of 3.38%. 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 1.71. IGM pays more dividend than 87.18% of the companies in the same industry.
  • IGM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 3.38%

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
IGM.CA Yearly Dividends per shareIGM.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 51.55% of the earnings are spent on dividend by IGM. This is a bit on the high side, but may be sustainable.
DP51.55%
EPS Next 2Y12.3%
EPS Next 3Y10.16%
IGM.CA Yearly Income VS Free CF VS DividendIGM.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
IGM.CA Dividend Payout.IGM.CA Dividend Payout, showing the Payout Ratio.IGM.CA Dividend Payout.PayoutRetained Earnings

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IGM FINANCIAL INC

TSX:IGM (2/12/2026, 7:00:00 PM)

60.95

-1.06 (-1.71%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06
Earnings (Next)02-12
Inst Owners7.91%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap14.40B
Revenue(TTM)3.73B
Net Income(TTM)1.03B
Analysts70
Price Target66.59 (9.25%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.38%
Yearly Dividend2.24
Dividend Growth(5Y)-0.23%
DP51.55%
Div Incr Years1
Div Non Decr Years34
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.61%
Min EPS beat(2)5.6%
Max EPS beat(2)9.61%
EPS beat(4)2
Avg EPS beat(4)2.59%
Min EPS beat(4)-4.04%
Max EPS beat(4)9.61%
EPS beat(8)4
Avg EPS beat(8)1.57%
EPS beat(12)6
Avg EPS beat(12)1.23%
EPS beat(16)7
Avg EPS beat(16)0.28%
Revenue beat(2)0
Avg Revenue beat(2)-5.37%
Min Revenue beat(2)-5.47%
Max Revenue beat(2)-5.27%
Revenue beat(4)0
Avg Revenue beat(4)-3.47%
Min Revenue beat(4)-5.47%
Max Revenue beat(4)-0.23%
Revenue beat(8)2
Avg Revenue beat(8)-2.37%
Revenue beat(12)3
Avg Revenue beat(12)-2.97%
Revenue beat(16)5
Avg Revenue beat(16)-2.31%
PT rev (1m)5.3%
PT rev (3m)17.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.44%
EPS NY rev (1m)0%
EPS NY rev (3m)4.32%
Revenue NQ rev (1m)-1.17%
Revenue NQ rev (3m)-1.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.48%
Valuation
Industry RankSector Rank
PE 13.88
Fwd PE 12.23
P/S 3.86
P/FCF 15.6
P/OCF 13.81
P/B 1.62
P/tB 2.9
EV/EBITDA 15.82
EPS(TTM)4.39
EY7.2%
EPS(NY)4.98
Fwd EY8.17%
FCF(TTM)3.91
FCFY6.41%
OCF(TTM)4.41
OCFY7.24%
SpS15.78
BVpS37.65
TBVpS21.05
PEG (NY)0.88
PEG (5Y)3.23
Graham Number60.98
Profitability
Industry RankSector Rank
ROA 4.95%
ROE 11.62%
ROCE 7.49%
ROIC 5.08%
ROICexc 5.38%
ROICexgc 7.01%
OM 32.71%
PM (TTM) 27.73%
GM 58.35%
FCFM 24.75%
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 RankSector Rank
Debt/Equity 0.99
Debt/FCF 11.03
Debt/EBITDA 6.67
Cap/Depr 122.79%
Cap/Sales 3.21%
Interest Coverage 3.91
Cash Conversion 79.16%
Profit Quality 89.26%
Current Ratio 0.3
Quick Ratio 0.3
Altman-Z 1.25
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)17.38%
EPS 3Y-0.83%
EPS 5Y4.3%
EPS Q2Q%23.3%
EPS Next Y15.75%
EPS Next 2Y12.3%
EPS Next 3Y10.16%
EPS Next 5Y4.56%
Revenue 1Y (TTM)10.92%
Revenue growth 3Y-0.9%
Revenue growth 5Y2.3%
Sales Q2Q%13.92%
Revenue Next Year9.98%
Revenue Next 2Y9.52%
Revenue Next 3Y8.13%
Revenue Next 5Y4.44%
EBIT growth 1Y15.01%
EBIT growth 3Y-1.69%
EBIT growth 5Y2.99%
EBIT Next Year23.16%
EBIT Next 3Y11.57%
EBIT Next 5Y5.06%
FCF growth 1Y36.97%
FCF growth 3Y6.44%
FCF growth 5Y10.45%
OCF growth 1Y23.67%
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 of IGM FINANCIAL INC (IGM.CA) stock?

ChartMill assigns a valuation rating of 6 / 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.


Can you provide the PE and PB ratios for IGM stock?

The Price/Earnings (PE) ratio for IGM FINANCIAL INC (IGM.CA) is 13.88 and the Price/Book (PB) ratio is 1.62.


How sustainable is the dividend of IGM FINANCIAL INC (IGM.CA) stock?

The dividend rating of IGM FINANCIAL INC (IGM.CA) is 6 / 10 and the dividend payout ratio is 51.55%.