MANULIFE FINANCIAL CORP - MFCCN 2.348 PERP (MFC-PR-F.CA) Stock Fundamental Analysis
Canada - TSX:MFC-PR-F - CA56501R8580
18.35 CAD
+0.2 (+1.1%)
MFC-PR-F gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 77 industry peers in the Insurance industry. MFC-PR-F has only an average score on both its financial health and profitability. MFC-PR-F is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
MFC-PR-F had positive earnings in the past year.
MFC-PR-F had a positive operating cash flow in the past year.
Of the past 5 years MFC-PR-F 4 years were profitable.
Each year in the past 5 years MFC-PR-F had a positive operating cash flow.
1.2 Ratios
MFC-PR-F has a Return On Assets (0.56%) which is in line with its industry peers.
With a Return On Equity value of 10.90%, MFC-PR-F is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
The Return On Invested Capital of MFC-PR-F (0.80%) is better than 67.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 10.9% | ||
| ROIC | 0.8% |
ROA(3y)0.27%
ROA(5y)0.44%
ROE(3y)5.1%
ROE(5y)7.68%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 14.07%, MFC-PR-F belongs to the top of the industry, outperforming 93.51% of the companies in the same industry.
In the last couple of years the Profit Margin of MFC-PR-F has grown nicely.
MFC-PR-F has a Operating Margin of 23.25%. This is amongst the best in the industry. MFC-PR-F outperforms 90.91% of its industry peers.
MFC-PR-F's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.25% | ||
| PM (TTM) | 14.07% | ||
| GM | N/A |
OM growth 3Y12.84%
OM growth 5Y19.32%
PM growth 3Y3.23%
PM growth 5Y14.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MFC-PR-F is destroying value.
The number of shares outstanding for MFC-PR-F has been reduced compared to 1 year ago.
MFC-PR-F has less shares outstanding than it did 5 years ago.
MFC-PR-F has a better debt/assets ratio than last year.
2.2 Solvency
MFC-PR-F has a debt to FCF ratio of 0.46. This is a very positive value and a sign of high solvency as it would only need 0.46 years to pay back of all of its debts.
MFC-PR-F's Debt to FCF ratio of 0.46 is amongst the best of the industry. MFC-PR-F outperforms 94.81% of its industry peers.
A Debt/Equity ratio of 0.27 indicates that MFC-PR-F is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.27, MFC-PR-F is doing good in the industry, outperforming 77.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.46 | ||
| Altman-Z | N/A |
ROIC/WACC0.09
WACC8.67%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.59% over the past year.
Measured over the past 5 years, MFC-PR-F shows a small growth in Earnings Per Share. The EPS has been growing by 5.49% on average per year.
The Revenue has grown by 11.59% in the past year. This is quite good.
The Revenue for MFC-PR-F have been decreasing by -13.62% on average. This is quite bad
EPS 1Y (TTM)7.59%
EPS 3Y6.08%
EPS 5Y5.49%
EPS Q2Q%4.4%
Revenue 1Y (TTM)11.59%
Revenue growth 3Y-12.52%
Revenue growth 5Y-13.62%
Sales Q2Q%19.94%
3.2 Future
Based on estimates for the next years, MFC-PR-F will show a small growth in Earnings Per Share. The EPS will grow by 5.15% on average per year.
Based on estimates for the next years, MFC-PR-F will show a quite strong growth in Revenue. The Revenue will grow by 11.05% on average per year.
EPS Next Y4.29%
EPS Next 2Y6.7%
EPS Next 3Y7.03%
EPS Next 5Y5.15%
Revenue Next Year8.59%
Revenue Next 2Y8.42%
Revenue Next 3Y7.1%
Revenue Next 5Y11.05%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.62, the valuation of MFC-PR-F can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of MFC-PR-F indicates a somewhat cheap valuation: MFC-PR-F is cheaper than 68.83% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MFC-PR-F to the average of the S&P500 Index (27.20), we can say MFC-PR-F is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.15, the valuation of MFC-PR-F can be described as very cheap.
Based on the Price/Forward Earnings ratio, MFC-PR-F is valued a bit cheaper than 70.13% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.71. MFC-PR-F is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.62 | ||
| Fwd PE | 4.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MFC-PR-F is valued cheaper than 80.52% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MFC-PR-F indicates a somewhat cheap valuation: MFC-PR-F is cheaper than 71.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.09 | ||
| EV/EBITDA | 2.03 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.08
PEG (5Y)0.84
EPS Next 2Y6.7%
EPS Next 3Y7.03%
5. Dividend
5.1 Amount
MFC-PR-F has a Yearly Dividend Yield of 4.00%, which is a nice return.
MFC-PR-F's Dividend Yield is comparable with the industry average which is at 3.91.
MFC-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
5.2 History
The dividend of MFC-PR-F is nicely growing with an annual growth rate of 20.17%!
MFC-PR-F has paid a dividend for at least 10 years, which is a reliable track record.
MFC-PR-F has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)20.17%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
59.31% of the earnings are spent on dividend by MFC-PR-F. This is a bit on the high side, but may be sustainable.
The dividend of MFC-PR-F is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP59.31%
EPS Next 2Y6.7%
EPS Next 3Y7.03%
MANULIFE FINANCIAL CORP - MFCCN 2.348 PERP
TSX:MFC-PR-F (9/16/2025, 7:00:00 PM)
18.35
+0.2 (+1.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners55.65%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap31.09B
Analysts76.47
Price Target20.39 (11.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
Yearly Dividend1.79
Dividend Growth(5Y)20.17%
DP59.31%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.7%
Min EPS beat(2)-2.89%
Max EPS beat(2)-0.52%
EPS beat(4)2
Avg EPS beat(4)2.54%
Min EPS beat(4)-2.89%
Max EPS beat(4)7.87%
EPS beat(8)6
Avg EPS beat(8)4.05%
EPS beat(12)8
Avg EPS beat(12)3.32%
EPS beat(16)10
Avg EPS beat(16)1.94%
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)-5.12%
PT rev (3m)6.92%
EPS NQ rev (1m)-0.3%
EPS NQ rev (3m)-1.58%
EPS NY rev (1m)-3.13%
EPS NY rev (3m)-3.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.31%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.62 | ||
| Fwd PE | 4.15 | ||
| P/S | 0.8 | ||
| P/FCF | 1.09 | ||
| P/OCF | 1.09 | ||
| P/B | 0.62 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 2.03 |
EPS(TTM)3.97
EY21.63%
EPS(NY)4.42
Fwd EY24.07%
FCF(TTM)16.88
FCFY92%
OCF(TTM)16.88
OCFY92%
SpS22.8
BVpS29.42
TBVpS23.03
PEG (NY)1.08
PEG (5Y)0.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 10.9% | ||
| ROCE | 0.94% | ||
| ROIC | 0.8% | ||
| ROICexc | 0.82% | ||
| ROICexgc | 1.91% | ||
| OM | 23.25% | ||
| PM (TTM) | 14.07% | ||
| GM | N/A | ||
| FCFM | 74.06% |
ROA(3y)0.27%
ROA(5y)0.44%
ROE(3y)5.1%
ROE(5y)7.68%
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)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-2.15%
ROICexcg growth 5Y-0.07%
ROICexc growth 3Y-3.34%
ROICexc growth 5Y-0.84%
OM growth 3Y12.84%
OM growth 5Y19.32%
PM growth 3Y3.23%
PM growth 5Y14.2%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.46 | ||
| Debt/EBITDA | 1.33 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 5.72 | ||
| Cash Conversion | 287.17% | ||
| Profit Quality | 526.46% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC8.67%
ROIC/WACC0.09
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.59%
EPS 3Y6.08%
EPS 5Y5.49%
EPS Q2Q%4.4%
EPS Next Y4.29%
EPS Next 2Y6.7%
EPS Next 3Y7.03%
EPS Next 5Y5.15%
Revenue 1Y (TTM)11.59%
Revenue growth 3Y-12.52%
Revenue growth 5Y-13.62%
Sales Q2Q%19.94%
Revenue Next Year8.59%
Revenue Next 2Y8.42%
Revenue Next 3Y7.1%
Revenue Next 5Y11.05%
EBIT growth 1Y18.36%
EBIT growth 3Y-1.3%
EBIT growth 5Y3.07%
EBIT Next Year-70.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y57.69%
FCF growth 3Y4.59%
FCF growth 5Y5.22%
OCF growth 1Y57.69%
OCF growth 3Y4.59%
OCF growth 5Y5.22%