MANULIFE FINANCIAL CORP - MFCCN 3.77 PERP (MFC-PR-P.CA) Stock Fundamental Analysis
Canada - TSX:MFC-PR-P - CA56501R8416
18.2 CAD
-0.25 (-1.36%)
Taking everything into account, MFC-PR-P scores 5 out of 10 in our fundamental rating. MFC-PR-P was compared to 79 industry peers in the Insurance industry. MFC-PR-P has an average financial health and profitability rating. MFC-PR-P scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
MFC-PR-P had positive earnings in the past year.
MFC-PR-P had a positive operating cash flow in the past year.
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.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.56%, MFC-PR-P is in the better half of the industry, outperforming 63.29% of the companies in the same industry.
MFC-PR-P has a Return On Equity of 10.90%. This is in the lower half of the industry: MFC-PR-P underperforms 63.29% of its industry peers.
MFC-PR-P has a better Return On Invested Capital (0.80%) than 72.15% 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
MFC-PR-P has a better Profit Margin (14.07%) than 94.94% of its industry peers.
In the last couple of years the Profit Margin of MFC-PR-P has grown nicely.
MFC-PR-P has a Operating Margin of 23.25%. This is amongst the best in the industry. MFC-PR-P outperforms 92.41% of its industry peers.
In the last couple of years the Operating Margin of MFC-PR-P has grown nicely.
| 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.
Compared to 5 years ago, MFC-PR-P has less shares outstanding
MFC-PR-P has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of MFC-PR-P is 0.46, which is an excellent value as it means it would take MFC-PR-P, only 0.46 years of fcf income to pay off all of its debts.
MFC-PR-P has a Debt to FCF ratio of 0.46. This is amongst the best in the industry. MFC-PR-P outperforms 96.20% of its industry peers.
A Debt/Equity ratio of 0.27 indicates that MFC-PR-P is not too dependend on debt financing.
MFC-PR-P's Debt to Equity ratio of 0.27 is fine compared to the rest of the industry. MFC-PR-P outperforms 78.48% 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%.
MFC-PR-P shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.49% yearly.
Looking at the last year, MFC-PR-P shows a quite strong growth in Revenue. The Revenue has grown by 11.59% in the last year.
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
Based on estimates for the next years, MFC-PR-P 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-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
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-P is valuated cheaply with a Price/Earnings ratio of 4.58.
Based on the Price/Earnings ratio, MFC-PR-P is valued a bit cheaper than the industry average as 72.15% of the companies are valued more expensively.
MFC-PR-P's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.77.
A Price/Forward Earnings ratio of 4.13 indicates a rather cheap valuation of MFC-PR-P.
MFC-PR-P's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MFC-PR-P is cheaper than 73.42% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, MFC-PR-P is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.58 | ||
| Fwd PE | 4.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MFC-PR-P indicates a rather cheap valuation: MFC-PR-P is cheaper than 84.81% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MFC-PR-P indicates a somewhat cheap valuation: MFC-PR-P is cheaper than 75.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.08 | ||
| EV/EBITDA | 2.04 |
4.3 Compensation for Growth
MFC-PR-P's 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)1.08
PEG (5Y)0.83
EPS Next 2Y6.64%
EPS Next 3Y6.89%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.96%, MFC-PR-P has a reasonable but not impressive dividend return.
MFC-PR-P's Dividend Yield is comparable with the industry average which is at 3.80.
MFC-PR-P's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.96% |
5.2 History
The dividend of MFC-PR-P is nicely growing with an annual growth rate of 20.17%!
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
MFC-PR-P pays out 59.31% of its income as dividend. 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 3.77 PERP
TSX:MFC-PR-P (10/17/2025, 7:00:00 PM)
18.2
-0.25 (-1.36%)
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 Cap30.84B
Analysts74.44
Price Target21.72 (19.34%)
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 | 4.58 | ||
| Fwd PE | 4.13 | ||
| P/S | 0.8 | ||
| P/FCF | 1.08 | ||
| P/OCF | 1.08 | ||
| P/B | 0.62 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | 2.04 |
EPS(TTM)3.97
EY21.81%
EPS(NY)4.41
Fwd EY24.24%
FCF(TTM)16.88
FCFY92.76%
OCF(TTM)16.88
OCFY92.76%
SpS22.8
BVpS29.42
TBVpS23.03
PEG (NY)1.08
PEG (5Y)0.83
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
WACC8.49%
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%