MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP (MFC-PR-P.CA) Fundamental Analysis & Valuation

TSX:MFC-PR-P • CA56501R8416

Current stock price

19.5 CAD
+0.4 (+2.09%)
Last:

This MFC-PR-P.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. MFC-PR-P.CA Profitability Analysis

1.1 Basic Checks

  • In the past year MFC-PR-P was profitable.
  • In the past year MFC-PR-P had a positive cash flow from operations.
  • MFC-PR-P had positive earnings in 4 of the past 5 years.
  • MFC-PR-P had a positive operating cash flow in each of the past 5 years.
MFC-PR-P.CA Yearly Net Income VS EBIT VS OCF VS FCFMFC-PR-P.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 2025 0 10B 20B 30B

1.2 Ratios

  • MFC-PR-P's Return On Assets of 0.51% is fine compared to the rest of the industry. MFC-PR-P outperforms 62.82% of its industry peers.
  • MFC-PR-P's Return On Equity of 10.30% is on the low side compared to the rest of the industry. MFC-PR-P is outperformed by 64.10% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 0.73%, MFC-PR-P is in the better half of the industry, outperforming 73.08% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for MFC-PR-P is below the industry average of 3.17%.
Industry RankSector Rank
ROA 0.51%
ROE 10.3%
ROIC 0.73%
ROA(3y)0.53%
ROA(5y)0.41%
ROE(3y)10.1%
ROE(5y)7.53%
ROIC(3y)0.76%
ROIC(5y)N/A
MFC-PR-P.CA Yearly ROA, ROE, ROICMFC-PR-P.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 13.57%, MFC-PR-P belongs to the top of the industry, outperforming 94.87% of the companies in the same industry.
  • In the last couple of years the Profit Margin of MFC-PR-P has grown nicely.
  • MFC-PR-P has a Operating Margin of 22.28%. This is amongst the best in the industry. MFC-PR-P outperforms 92.31% of its industry peers.
  • MFC-PR-P's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 22.28%
PM (TTM) 13.57%
GM N/A
OM growth 3YN/A
OM growth 5Y20.81%
PM growth 3YN/A
PM growth 5Y11.35%
GM growth 3YN/A
GM growth 5YN/A
MFC-PR-P.CA Yearly Profit, Operating, Gross MarginsMFC-PR-P.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20

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4

2. MFC-PR-P.CA Health Analysis

2.1 Basic Checks

  • MFC-PR-P has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, MFC-PR-P has less shares outstanding
  • The number of shares outstanding for MFC-PR-P has been reduced compared to 5 years ago.
  • Compared to 1 year ago, MFC-PR-P has an improved debt to assets ratio.
MFC-PR-P.CA Yearly Shares OutstandingMFC-PR-P.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
MFC-PR-P.CA Yearly Total Debt VS Total AssetsMFC-PR-P.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200B 400B 600B 800B 1T

2.2 Solvency

  • MFC-PR-P 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.
  • Looking at the Debt to FCF ratio, with a value of 0.46, MFC-PR-P belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
  • MFC-PR-P has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
  • MFC-PR-P has a Debt to Equity ratio (0.29) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 0.46
Altman-Z N/A
ROIC/WACC0.09
WACC8.21%
MFC-PR-P.CA Yearly LT Debt VS Equity VS FCFMFC-PR-P.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
MFC-PR-P.CA Yearly Current Assets VS Current LiabilitesMFC-PR-P.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

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

4

3. MFC-PR-P.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 8.76% over the past year.
  • The Earnings Per Share has been growing by 8.86% on average over the past years. This is quite good.
  • Looking at the last year, MFC-PR-P shows a small growth in Revenue. The Revenue has grown by 3.39% in the last year.
  • MFC-PR-P shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -11.65% yearly.
EPS 1Y (TTM)8.76%
EPS 3Y10.83%
EPS 5Y8.86%
EPS Q2Q%8.74%
Revenue 1Y (TTM)3.39%
Revenue growth 3Y19.45%
Revenue growth 5Y-11.65%
Sales Q2Q%-24.06%

3.2 Future

  • MFC-PR-P is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.26% yearly.
  • Based on estimates for the next years, MFC-PR-P will show a quite strong growth in Revenue. The Revenue will grow by 13.32% on average per year.
EPS Next Y9.32%
EPS Next 2Y9.22%
EPS Next 3Y9.66%
EPS Next 5Y4.26%
Revenue Next Year8.5%
Revenue Next 2Y6.04%
Revenue Next 3Y16.24%
Revenue Next 5Y13.32%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • 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.
MFC-PR-P.CA Yearly Revenue VS EstimatesMFC-PR-P.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B 80B
MFC-PR-P.CA Yearly EPS VS EstimatesMFC-PR-P.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4 5

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8

4. MFC-PR-P.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 4.62, the valuation of MFC-PR-P can be described as very cheap.
  • Based on the Price/Earnings ratio, MFC-PR-P is valued a bit cheaper than the industry average as 64.10% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 25.54, MFC-PR-P is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 4.23, the valuation of MFC-PR-P can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, MFC-PR-P is valued a bit cheaper than 60.26% of the companies in the same industry.
  • MFC-PR-P is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 4.62
Fwd PE 4.23
MFC-PR-P.CA Price Earnings VS Forward Price EarningsMFC-PR-P.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, MFC-PR-P is valued cheaper than 87.18% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, MFC-PR-P is valued cheaply inside the industry as 96.15% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 1.02
EV/EBITDA 2.17
MFC-PR-P.CA Per share dataMFC-PR-P.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • MFC-PR-P has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.5
PEG (5Y)0.52
EPS Next 2Y9.22%
EPS Next 3Y9.66%

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

6

5. MFC-PR-P.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.17%, MFC-PR-P is a good candidate for dividend investing.
  • MFC-PR-P's Dividend Yield is comparable with the industry average which is at 3.76.
  • Compared to an average S&P500 Dividend Yield of 1.89, MFC-PR-P pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.17%

5.2 History

  • The dividend of MFC-PR-P is nicely growing with an annual growth rate of 10.03%!
  • MFC-PR-P has been paying a dividend for at least 10 years, so it has a reliable track record.
  • MFC-PR-P has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.03%
Div Incr Years3
Div Non Decr Years3
MFC-PR-P.CA Yearly Dividends per shareMFC-PR-P.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • MFC-PR-P pays out 62.94% of its income as dividend. This is not a sustainable payout ratio.
  • MFC-PR-P's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP62.94%
EPS Next 2Y9.22%
EPS Next 3Y9.66%
MFC-PR-P.CA Yearly Income VS Free CF VS DividendMFC-PR-P.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B
MFC-PR-P.CA Dividend Payout.MFC-PR-P.CA Dividend Payout, showing the Payout Ratio.MFC-PR-P.CA Dividend Payout.PayoutRetained Earnings

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MFC-PR-P.CA Fundamentals: All Metrics, Ratios and Statistics

MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP

TSX:MFC-PR-P (3/20/2026, 7:00:00 PM)

19.5

+0.4 (+2.09%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-11
Earnings (Next)05-05
Inst Owners55.76%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap32.69B
Revenue(TTM)38.71B
Net Income(TTM)5.25B
Analysts75.79
Price Target20.27 (3.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.17%
Yearly Dividend1.94
Dividend Growth(5Y)10.03%
DP62.94%
Div Incr Years3
Div Non Decr Years3
Ex-Date02-25
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.84%
Min EPS beat(2)4.6%
Max EPS beat(2)11.07%
EPS beat(4)2
Avg EPS beat(4)3.07%
Min EPS beat(4)-2.89%
Max EPS beat(4)11.07%
EPS beat(8)6
Avg EPS beat(8)3.82%
EPS beat(12)9
Avg EPS beat(12)4.24%
EPS beat(16)11
Avg EPS beat(16)3.12%
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)0%
PT rev (3m)0.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.44%
EPS NY rev (1m)1.1%
EPS NY rev (3m)1.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 4.62
Fwd PE 4.23
P/S 0.84
P/FCF 1.02
P/OCF 1.02
P/B 0.64
P/tB 0.85
EV/EBITDA 2.17
EPS(TTM)4.22
EY21.64%
EPS(NY)4.61
Fwd EY23.66%
FCF(TTM)19.15
FCFY98.22%
OCF(TTM)19.15
OCFY98.22%
SpS23.09
BVpS30.4
TBVpS23.05
PEG (NY)0.5
PEG (5Y)0.52
Graham Number53.73
Profitability
Industry RankSector Rank
ROA 0.51%
ROE 10.3%
ROCE 0.86%
ROIC 0.73%
ROICexc 0.75%
ROICexgc 1.75%
OM 22.28%
PM (TTM) 13.57%
GM N/A
FCFM 82.95%
ROA(3y)0.53%
ROA(5y)0.41%
ROE(3y)10.1%
ROE(5y)7.53%
ROIC(3y)0.76%
ROIC(5y)N/A
ROICexc(3y)0.78%
ROICexc(5y)N/A
ROICexgc(3y)1.78%
ROICexgc(5y)N/A
ROCE(3y)0.9%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y4.35%
ROICexc growth 3YN/A
ROICexc growth 5Y3.45%
OM growth 3YN/A
OM growth 5Y20.81%
PM growth 3YN/A
PM growth 5Y11.35%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 0.46
Debt/EBITDA 1.54
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 5.69
Cash Conversion 337.91%
Profit Quality 611.41%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACC8.21%
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)519.68%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.76%
EPS 3Y10.83%
EPS 5Y8.86%
EPS Q2Q%8.74%
EPS Next Y9.32%
EPS Next 2Y9.22%
EPS Next 3Y9.66%
EPS Next 5Y4.26%
Revenue 1Y (TTM)3.39%
Revenue growth 3Y19.45%
Revenue growth 5Y-11.65%
Sales Q2Q%-24.06%
Revenue Next Year8.5%
Revenue Next 2Y6.04%
Revenue Next 3Y16.24%
Revenue Next 5Y13.32%
EBIT growth 1Y-1.68%
EBIT growth 3YN/A
EBIT growth 5Y6.73%
EBIT Next Year-67.9%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y21.18%
FCF growth 3Y24.52%
FCF growth 5Y9.88%
OCF growth 1Y21.18%
OCF growth 3Y24.52%
OCF growth 5Y9.88%

MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP / MFC-PR-P.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP (MFC-PR-P.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to MFC-PR-P.CA.


Can you provide the valuation status for MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP?

ChartMill assigns a valuation rating of 8 / 10 to MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP (MFC-PR-P.CA). This can be considered as Undervalued.


How profitable is MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP (MFC-PR-P.CA) stock?

MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP (MFC-PR-P.CA) has a profitability rating of 6 / 10.


What is the financial health of MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP (MFC-PR-P.CA) stock?

The financial health rating of MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP (MFC-PR-P.CA) is 4 / 10.


Is the dividend of MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP sustainable?

The dividend rating of MANULIFE FINANCIAL CORP - MFCCN 3.65 PERP (MFC-PR-P.CA) is 6 / 10 and the dividend payout ratio is 62.94%.