SUN LIFE FINANCIAL INC (SLF.CA) Fundamental Analysis & Valuation
TSX:SLF • CA8667961053
86.3 CAD
-1.82 (-2.07%)
Last: Mar 9, 2026, 07:00 PM
This SLF.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 3 out of 10 to SLF. SLF was compared to 80 industry peers in the Insurance industry. SLF may be in some trouble as it scores bad on both profitability and health. SLF is valied quite expensively at the moment, while it does show a decent growth rate. Finally SLF also has an excellent dividend rating.
1. SLF.CA Profitability Analysis
1.1 Basic Checks
- SLF had positive earnings in the past year.
- In the past year SLF had a positive cash flow from operations.
- In the past 5 years SLF has always been profitable.
- Of the past 5 years SLF 4 years had a positive operating cash flow.
1.2 Ratios
- SLF has a Return On Assets of 0.87%. This is in the better half of the industry: SLF outperforms 67.50% of its industry peers.
- SLF's Return On Equity of 13.76% is fine compared to the rest of the industry. SLF outperforms 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.87% | ||
| ROE | 13.76% | ||
| ROIC | N/A |
ROA(3y)0.87%
ROA(5y)0.94%
ROE(3y)12.77%
ROE(5y)13.15%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- SLF's Profit Margin of 9.90% is on the low side compared to the rest of the industry. SLF is outperformed by 61.25% of its industry peers.
- SLF's Profit Margin has improved in the last couple of years.
- SLF has a worse Operating Margin (15.17%) than 75.00% of its industry peers.
- In the last couple of years the Operating Margin of SLF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.17% | ||
| PM (TTM) | 9.9% | ||
| GM | N/A |
OM growth 3Y-34.63%
OM growth 5YN/A
PM growth 3Y9.93%
PM growth 5Y8.47%
GM growth 3YN/A
GM growth 5YN/A
2. SLF.CA Health Analysis
2.1 Basic Checks
- SLF does not have a ROIC to compare to the WACC, probably because it is not profitable.
- SLF has less shares outstanding than it did 1 year ago.
- SLF has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for SLF is higher compared to a year ago.
2.2 Solvency
- SLF has a debt to FCF ratio of 3.15. This is a good value and a sign of high solvency as SLF would need 3.15 years to pay back of all of its debts.
- SLF has a Debt to FCF ratio of 3.15. This is comparable to the rest of the industry: SLF outperforms 51.25% of its industry peers.
- A Debt/Equity ratio of 0.33 indicates that SLF is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.33, SLF is doing worse than 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.15 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.02%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. SLF.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 11.56% over the past year.
- Measured over the past 5 years, SLF shows a small growth in Earnings Per Share. The EPS has been growing by 6.28% on average per year.
- Looking at the last year, SLF shows a small growth in Revenue. The Revenue has grown by 4.34% in the last year.
- The Revenue has been decreasing by -0.77% on average over the past years.
EPS 1Y (TTM)11.56%
EPS 3Y5.82%
EPS 5Y6.28%
EPS Q2Q%16.67%
Revenue 1Y (TTM)4.34%
Revenue growth 3Y-5.12%
Revenue growth 5Y-0.77%
Sales Q2Q%13.84%
3.2 Future
- The Earnings Per Share is expected to grow by 6.32% on average over the next years.
- Based on estimates for the next years, SLF will show a very strong growth in Revenue. The Revenue will grow by 39.91% on average per year.
EPS Next Y8.73%
EPS Next 2Y8.68%
EPS Next 3Y8.36%
EPS Next 5Y6.32%
Revenue Next Year5.56%
Revenue Next 2Y5.43%
Revenue Next 3Y54.11%
Revenue Next 5Y39.91%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. SLF.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 11.62, the valuation of SLF can be described as reasonable.
- Based on the Price/Earnings ratio, SLF is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
- Compared to an average S&P500 Price/Earnings ratio of 26.25, SLF is valued rather cheaply.
- The Price/Forward Earnings ratio is 10.68, which indicates a very decent valuation of SLF.
- 63.75% of the companies in the same industry are cheaper than SLF, based on the Price/Forward Earnings ratio.
- SLF is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 10.68 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SLF indicates a slightly more expensive valuation: SLF is more expensive than 71.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.01 | ||
| EV/EBITDA | N/A |
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)1.33
PEG (5Y)1.85
EPS Next 2Y8.68%
EPS Next 3Y8.36%
5. SLF.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 4.11%, SLF is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.81, SLF has a dividend in line with its industry peers.
- SLF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
- The dividend of SLF is nicely growing with an annual growth rate of 9.56%!
- SLF has paid a dividend for at least 10 years, which is a reliable track record.
- SLF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.56%
Div Incr Years10
Div Non Decr Years24
5.3 Sustainability
- 59.45% of the earnings are spent on dividend by SLF. This is a bit on the high side, but may be sustainable.
- SLF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP59.45%
EPS Next 2Y8.68%
EPS Next 3Y8.36%
SLF.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:SLF (3/9/2026, 7:00:00 PM)
86.3
-1.82 (-2.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-11 2026-02-11/amc
Earnings (Next)05-06 2026-05-06/amc
Inst Owners55.8%
Inst Owner ChangeN/A
Ins Owners0.13%
Ins Owner ChangeN/A
Market Cap47.81B
Revenue(TTM)35.09B
Net Income(TTM)3.47B
Analysts73.68
Price Target99.1 (14.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
Yearly Dividend3.66
Dividend Growth(5Y)9.56%
DP59.45%
Div Incr Years10
Div Non Decr Years24
Ex-Date02-25 2026-02-25 (0.92)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.1%
Min EPS beat(2)0.48%
Max EPS beat(2)3.72%
EPS beat(4)3
Avg EPS beat(4)2.39%
Min EPS beat(4)-0.3%
Max EPS beat(4)5.64%
EPS beat(8)5
Avg EPS beat(8)0.44%
EPS beat(12)8
Avg EPS beat(12)0.76%
EPS beat(16)12
Avg EPS beat(16)2.24%
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)3.69%
PT rev (3m)5.43%
EPS NQ rev (1m)0.54%
EPS NQ rev (3m)0.41%
EPS NY rev (1m)0.79%
EPS NY rev (3m)0.81%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 10.68 | ||
| P/S | 1.36 | ||
| P/FCF | 18.01 | ||
| P/OCF | 17.08 | ||
| P/B | 1.9 | ||
| P/tB | 4.53 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.43
EY8.61%
EPS(NY)8.08
Fwd EY9.36%
FCF(TTM)4.79
FCFY5.55%
OCF(TTM)5.05
OCFY5.85%
SpS63.34
BVpS45.54
TBVpS19.03
PEG (NY)1.33
PEG (5Y)1.85
Graham Number87.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.87% | ||
| ROE | 13.76% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 15.17% | ||
| PM (TTM) | 9.9% | ||
| GM | N/A | ||
| FCFM | 7.56% |
ROA(3y)0.87%
ROA(5y)0.94%
ROE(3y)12.77%
ROE(5y)13.15%
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)1.39%
ROCE(5y)2.7%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-34.63%
OM growth 5YN/A
PM growth 3Y9.93%
PM growth 5Y8.47%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.15 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.41% | ||
| Interest Coverage | 15 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 76.44% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC6.02%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.46%
Cap/Sales(5y)N/A
Profit Quality(3y)110.36%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.56%
EPS 3Y5.82%
EPS 5Y6.28%
EPS Q2Q%16.67%
EPS Next Y8.73%
EPS Next 2Y8.68%
EPS Next 3Y8.36%
EPS Next 5Y6.32%
Revenue 1Y (TTM)4.34%
Revenue growth 3Y-5.12%
Revenue growth 5Y-0.77%
Sales Q2Q%13.84%
Revenue Next Year5.56%
Revenue Next 2Y5.43%
Revenue Next 3Y54.11%
Revenue Next 5Y39.91%
EBIT growth 1Y6.42%
EBIT growth 3Y-37.98%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y11.09%
FCF growth 3Y-14.93%
FCF growth 5Y-17.85%
OCF growth 1Y10.55%
OCF growth 3Y-13.41%
OCF growth 5Y-17.34%
SUN LIFE FINANCIAL INC / SLF.CA FAQ
What is the fundamental rating for SLF stock?
ChartMill assigns a fundamental rating of 3 / 10 to SLF.CA.
Can you provide the valuation status for SUN LIFE FINANCIAL INC?
ChartMill assigns a valuation rating of 3 / 10 to SUN LIFE FINANCIAL INC (SLF.CA). This can be considered as Overvalued.
How profitable is SUN LIFE FINANCIAL INC (SLF.CA) stock?
SUN LIFE FINANCIAL INC (SLF.CA) has a profitability rating of 3 / 10.
Can you provide the financial health for SLF stock?
The financial health rating of SUN LIFE FINANCIAL INC (SLF.CA) is 2 / 10.
What is the expected EPS growth for SUN LIFE FINANCIAL INC (SLF.CA) stock?
The Earnings per Share (EPS) of SUN LIFE FINANCIAL INC (SLF.CA) is expected to grow by 8.73% in the next year.