MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP (MFC-PR-K.CA) Stock Fundamental Analysis
TSX:MFC-PR-K - Toronto Stock Exchange - CA56501R7426 - Currency: CAD
Taking everything into account, MFC-PR-K scores 5 out of 10 in our fundamental rating. MFC-PR-K was compared to 82 industry peers in the Insurance industry. MFC-PR-K has only an average score on both its financial health and profitability. MFC-PR-K has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MFC-PR-K had positive earnings in the past year.
MFC-PR-K had a positive operating cash flow in the past year.
MFC-PR-K had positive earnings in 4 of the past 5 years.
Each year in the past 5 years MFC-PR-K had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MFC-PR-K (0.48%) is comparable to the rest of the industry.
With a Return On Equity value of 9.06%, MFC-PR-K is not doing good in the industry: 86.59% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 0.72%, MFC-PR-K is in line with its industry, outperforming 59.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.48% | ||
| ROE | 9.06% | ||
| ROIC | 0.72% |
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
With an excellent Profit Margin value of 12.55%, MFC-PR-K belongs to the best of the industry, outperforming 86.59% of the companies in the same industry.
MFC-PR-K's Profit Margin has improved in the last couple of years.
MFC-PR-K has a Operating Margin of 21.86%. This is amongst the best in the industry. MFC-PR-K outperforms 82.93% of its industry peers.
In the last couple of years the Operating Margin of MFC-PR-K has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.86% | ||
| PM (TTM) | 12.55% | ||
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MFC-PR-K is destroying value.
MFC-PR-K has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MFC-PR-K has less shares outstanding
MFC-PR-K has a better debt/assets ratio than last year.
2.2 Solvency
MFC-PR-K has a debt to FCF ratio of 0.50. This is a very positive value and a sign of high solvency as it would only need 0.50 years to pay back of all of its debts.
MFC-PR-K's Debt to FCF ratio of 0.50 is amongst the best of the industry. MFC-PR-K outperforms 87.80% of its industry peers.
A Debt/Equity ratio of 0.27 indicates that MFC-PR-K is not too dependend on debt financing.
The Debt to Equity ratio of MFC-PR-K (0.27) is better than 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.5 | ||
| Altman-Z | N/A |
ROIC/WACC0.07
WACC9.67%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MFC-PR-K shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.86%, which is quite good.
MFC-PR-K shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.49% yearly.
MFC-PR-K shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.13%.
The Revenue for MFC-PR-K have been decreasing by -13.62% on average. This is quite bad
EPS 1Y (TTM)8.86%
EPS 3Y6.08%
EPS 5Y5.49%
EPS Q2Q%5.32%
Revenue 1Y (TTM)11.13%
Revenue growth 3Y-12.52%
Revenue growth 5Y-13.62%
Sales Q2Q%-11.27%
3.2 Future
MFC-PR-K is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.15% yearly.
Based on estimates for the next years, MFC-PR-K will show a quite strong growth in Revenue. The Revenue will grow by 18.64% on average per year.
EPS Next Y7.65%
EPS Next 2Y8.57%
EPS Next 3Y6.76%
EPS Next 5Y5.15%
Revenue Next Year9.3%
Revenue Next 2Y7.46%
Revenue Next 3Y6.55%
Revenue Next 5Y18.64%
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
MFC-PR-K is valuated cheaply with a Price/Earnings ratio of 6.22.
Based on the Price/Earnings ratio, MFC-PR-K is valued a bit more expensive than the industry average as 63.41% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of MFC-PR-K to the average of the S&P500 Index (26.31), we can say MFC-PR-K is valued rather cheaply.
A Price/Forward Earnings ratio of 5.34 indicates a rather cheap valuation of MFC-PR-K.
MFC-PR-K's Price/Forward Earnings ratio is in line with the industry average.
MFC-PR-K is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.22 | ||
| Fwd PE | 5.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MFC-PR-K is valued a bit cheaper than the industry average as 74.39% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as MFC-PR-K.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.46 | ||
| EV/EBITDA | 3.39 |
4.3 Compensation for Growth
MFC-PR-K's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.81
PEG (5Y)1.13
EPS Next 2Y8.57%
EPS Next 3Y6.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.02%, MFC-PR-K is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.27, MFC-PR-K has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, MFC-PR-K pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.02% |
5.2 History
On average, the dividend of MFC-PR-K grows each year by 20.17%, which is quite nice.
MFC-PR-K has been paying a dividend for at least 10 years, so it has a reliable track record.
MFC-PR-K has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)20.17%
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
MFC-PR-K pays out 67.87% of its income as dividend. This is not a sustainable payout ratio.
MFC-PR-K's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.87%
EPS Next 2Y8.57%
EPS Next 3Y6.76%
MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP
TSX:MFC-PR-K (6/13/2025, 7:00:00 PM)
24.44
-0.06 (-0.24%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners56.7%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap41.86B
Analysts76.47
Price Target27.37 (11.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.02% |
Yearly Dividend1.79
Dividend Growth(5Y)20.17%
DP67.87%
Div Incr Years2
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.67%
Min EPS beat(2)-0.52%
Max EPS beat(2)7.87%
EPS beat(4)3
Avg EPS beat(4)3.94%
Min EPS beat(4)-0.52%
Max EPS beat(4)7.87%
EPS beat(8)7
Avg EPS beat(8)5.06%
EPS beat(12)9
Avg EPS beat(12)3.72%
EPS beat(16)11
Avg EPS beat(16)2.45%
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)-3.95%
PT rev (3m)-0.48%
EPS NQ rev (1m)-3.18%
EPS NQ rev (3m)-1.43%
EPS NY rev (1m)0%
EPS NY rev (3m)0.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.22 | ||
| Fwd PE | 5.34 | ||
| P/S | 1.12 | ||
| P/FCF | 1.46 | ||
| P/OCF | 1.46 | ||
| P/B | 0.81 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 3.39 |
EPS(TTM)3.93
EY16.08%
EPS(NY)4.57
Fwd EY18.71%
FCF(TTM)16.7
FCFY68.34%
OCF(TTM)16.7
OCFY68.34%
SpS21.83
BVpS30.23
TBVpS23.76
PEG (NY)0.81
PEG (5Y)1.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.48% | ||
| ROE | 9.06% | ||
| ROCE | 0.85% | ||
| ROIC | 0.72% | ||
| ROICexc | 0.74% | ||
| ROICexgc | 1.72% | ||
| OM | 21.86% | ||
| PM (TTM) | 12.55% | ||
| GM | N/A | ||
| FCFM | 76.52% |
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-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.5 | ||
| Debt/EBITDA | 1.56 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 5.23 | ||
| Cash Conversion | 314.66% | ||
| Profit Quality | 609.81% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC9.67%
ROIC/WACC0.07
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)8.86%
EPS 3Y6.08%
EPS 5Y5.49%
EPS Q2Q%5.32%
EPS Next Y7.65%
EPS Next 2Y8.57%
EPS Next 3Y6.76%
EPS Next 5Y5.15%
Revenue 1Y (TTM)11.13%
Revenue growth 3Y-12.52%
Revenue growth 5Y-13.62%
Sales Q2Q%-11.27%
Revenue Next Year9.3%
Revenue Next 2Y7.46%
Revenue Next 3Y6.55%
Revenue Next 5Y18.64%
EBIT growth 1Y7.6%
EBIT growth 3Y-1.3%
EBIT growth 5Y3.07%
EBIT Next Year-70.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y67.64%
FCF growth 3Y4.59%
FCF growth 5Y5.22%
OCF growth 1Y67.64%
OCF growth 3Y4.59%
OCF growth 5Y5.22%