MANULIFE FINANCIAL CORP - MFCCN 3.76 PERP (MFC-PR-P.CA) Stock Fundamental Analysis
Canada - TSX:MFC-PR-P - CA56501R8416
18.35 CAD
+0.15 (+0.82%)
MFC-PR-P gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 79 industry peers in the Insurance industry. MFC-PR-P has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on MFC-PR-P.
1. Profitability
1.1 Basic Checks
MFC-PR-P had positive earnings in the past year.
In the past year MFC-PR-P had a positive cash flow from operations.
Of the past 5 years MFC-PR-P 4 years were profitable.
In the past 5 years MFC-PR-P always reported a positive cash flow from operatings.
1.2 Ratios
MFC-PR-P's Return On Assets of 0.56% is fine compared to the rest of the industry. MFC-PR-P outperforms 62.03% of its industry peers.
With a Return On Equity value of 10.90%, MFC-PR-P is not doing good in the industry: 64.56% of the companies in the same industry are doing better.
MFC-PR-P has a better Return On Invested Capital (0.80%) than 70.89% 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-P belongs to the top of the industry, outperforming 93.67% of the companies in the same industry.
In the last couple of years the Profit Margin of MFC-PR-P has grown nicely.
Looking at the Operating Margin, with a value of 23.25%, MFC-PR-P belongs to the top of the industry, outperforming 91.14% of the companies in the same industry.
MFC-PR-P'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-P is destroying value.
The number of shares outstanding for MFC-PR-P has been reduced compared to 1 year ago.
The number of shares outstanding for MFC-PR-P has been reduced compared to 5 years ago.
The debt/assets ratio for MFC-PR-P has been reduced compared to a year ago.
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.
With an excellent Debt to FCF ratio value of 0.46, MFC-PR-P belongs to the best of the industry, outperforming 94.94% of the companies in the same industry.
A Debt/Equity ratio of 0.27 indicates that MFC-PR-P is not too dependend on debt financing.
MFC-PR-P has a better Debt to Equity ratio (0.27) than 77.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.46 | ||
| Altman-Z | N/A |
ROIC/WACC0.09
WACC8.49%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MFC-PR-P shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.59%.
Measured over the past 5 years, MFC-PR-P 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-P 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
MFC-PR-P 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-P will show a quite strong growth in Revenue. The Revenue will grow by 11.24% on average per year.
EPS Next Y4.23%
EPS Next 2Y6.64%
EPS Next 3Y6.89%
EPS Next 5Y5.15%
Revenue Next Year8.59%
Revenue Next 2Y8.42%
Revenue Next 3Y7.1%
Revenue Next 5Y11.24%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 4.62, which indicates a rather cheap valuation of MFC-PR-P.
Based on the Price/Earnings ratio, MFC-PR-P is valued a bit cheaper than the industry average as 70.89% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MFC-PR-P to the average of the S&P500 Index (27.57), we can say MFC-PR-P is valued rather cheaply.
A Price/Forward Earnings ratio of 4.16 indicates a rather cheap valuation of MFC-PR-P.
Based on the Price/Forward Earnings ratio, MFC-PR-P is valued a bit cheaper than 72.15% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MFC-PR-P to the average of the S&P500 Index (23.09), we can say MFC-PR-P is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.62 | ||
| Fwd PE | 4.16 |
4.2 Price Multiples
83.54% of the companies in the same industry are more expensive than MFC-PR-P, based on the Enterprise Value to EBITDA ratio.
74.68% of the companies in the same industry are more expensive than MFC-PR-P, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.09 | ||
| EV/EBITDA | 2.04 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
MFC-PR-P has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.09
PEG (5Y)0.84
EPS Next 2Y6.64%
EPS Next 3Y6.89%
5. Dividend
5.1 Amount
MFC-PR-P has a Yearly Dividend Yield of 3.96%.
Compared to an average industry Dividend Yield of 3.80, MFC-PR-P has a dividend in line with its industry peers.
MFC-PR-P's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.96% |
5.2 History
On average, the dividend of MFC-PR-P grows each year by 20.17%, which is quite nice.
MFC-PR-P has paid a dividend for at least 10 years, which is a reliable track record.
MFC-PR-P has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)20.17%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
59.31% of the earnings are spent on dividend by MFC-PR-P. This is a bit on the high side, but may be sustainable.
The dividend of MFC-PR-P is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP59.31%
EPS Next 2Y6.64%
EPS Next 3Y6.89%
MANULIFE FINANCIAL CORP - MFCCN 3.76 PERP
TSX:MFC-PR-P (10/22/2025, 7:00:00 PM)
18.35
+0.15 (+0.82%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners55.61%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap31.09B
Revenue(TTM)38.63B
Net Income(TTM)5.43B
Analysts74.44
Price Target21.72 (18.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.96% |
Yearly Dividend1.79
Dividend Growth(5Y)20.17%
DP59.31%
Div Incr Years3
Div Non Decr Years3
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)0%
PT rev (3m)0%
EPS NQ rev (1m)-0.91%
EPS NQ rev (3m)-1.26%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-3.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.62 | ||
| Fwd PE | 4.16 | ||
| P/S | 0.8 | ||
| P/FCF | 1.09 | ||
| P/OCF | 1.09 | ||
| P/B | 0.62 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 2.04 |
EPS(TTM)3.97
EY21.63%
EPS(NY)4.41
Fwd EY24.04%
FCF(TTM)16.88
FCFY92%
OCF(TTM)16.88
OCFY92%
SpS22.8
BVpS29.42
TBVpS23.03
PEG (NY)1.09
PEG (5Y)0.84
Graham Number51.26
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
ROICexgc growth 3Y-2.15%
ROICexgc 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
WACC8.49%
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 Y4.23%
EPS Next 2Y6.64%
EPS Next 3Y6.89%
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 5Y11.24%
EBIT growth 1Y18.36%
EBIT growth 3Y-1.3%
EBIT growth 5Y3.07%
EBIT Next Year-69.94%
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%