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SUN LIFE FINANCIAL INC (SLF.CA) Stock Fundamental Analysis

Canada - TSX:SLF - CA8667961053 - Common Stock

87.19 CAD
+1.21 (+1.41%)
Last: 10/27/2025, 7:00:00 PM
Fundamental Rating

5

Taking everything into account, SLF scores 5 out of 10 in our fundamental rating. SLF was compared to 80 industry peers in the Insurance industry. SLF has an average financial health and profitability rating. SLF is valied quite expensively at the moment, while it does show a decent growth rate. Finally SLF also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year SLF was profitable.
SLF had a positive operating cash flow in the past year.
SLF had positive earnings in each of the past 5 years.
Of the past 5 years SLF 4 years had a positive operating cash flow.
SLF.CA Yearly Net Income VS EBIT VS OCF VS FCFSLF.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B

1.2 Ratios

SLF has a Return On Assets of 0.86%. This is in the better half of the industry: SLF outperforms 65.00% of its industry peers.
Looking at the Return On Equity, with a value of 12.85%, SLF is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
Industry RankSector Rank
ROA 0.86%
ROE 12.85%
ROIC N/A
ROA(3y)0.9%
ROA(5y)0.92%
ROE(3y)12.65%
ROE(5y)12.26%
ROIC(3y)N/A
ROIC(5y)N/A
SLF.CA Yearly ROA, ROE, ROICSLF.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10

1.3 Margins

Looking at the Profit Margin, with a value of 9.34%, SLF is in line with its industry, outperforming 47.50% of the companies in the same industry.
SLF's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 14.71%, SLF is doing worse than 92.50% of the companies in the same industry.
SLF's Operating Margin has declined in the last couple of years.
Industry RankSector Rank
OM 14.71%
PM (TTM) 9.34%
GM N/A
OM growth 3Y-8.21%
OM growth 5YN/A
PM growth 3Y-4.77%
PM growth 5Y1.93%
GM growth 3YN/A
GM growth 5YN/A
SLF.CA Yearly Profit, Operating, Gross MarginsSLF.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

4

2. Health

2.1 Basic Checks

SLF does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SLF has been reduced compared to 1 year ago.
SLF has less shares outstanding than it did 5 years ago.
SLF has a better debt/assets ratio than last year.
SLF.CA Yearly Shares OutstandingSLF.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
SLF.CA Yearly Total Debt VS Total AssetsSLF.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B

2.2 Solvency

SLF has a debt to FCF ratio of 1.54. This is a very positive value and a sign of high solvency as it would only need 1.54 years to pay back of all of its debts.
SLF's Debt to FCF ratio of 1.54 is fine compared to the rest of the industry. SLF outperforms 70.00% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that SLF is not too dependend on debt financing.
SLF's Debt to Equity ratio of 0.25 is fine compared to the rest of the industry. SLF outperforms 80.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 1.54
Altman-Z N/A
ROIC/WACCN/A
WACC6.15%
SLF.CA Yearly LT Debt VS Equity VS FCFSLF.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B 25B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
SLF.CA Yearly Current Assets VS Current LiabilitesSLF.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

6

3. Growth

3.1 Past

SLF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.63%, which is quite good.
SLF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.28% yearly.
The Revenue has been growing slightly by 7.10% in the past year.
SLF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.65% yearly.
EPS 1Y (TTM)8.63%
EPS 3Y3.43%
EPS 5Y5.28%
EPS Q2Q%4.07%
Revenue 1Y (TTM)7.1%
Revenue growth 3Y-3.54%
Revenue growth 5Y0.65%
Sales Q2Q%1.96%

3.2 Future

SLF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.03% yearly.
The Revenue is expected to grow by 31.77% on average over the next years. This is a very strong growth
EPS Next Y10.83%
EPS Next 2Y9.27%
EPS Next 3Y8.83%
EPS Next 5Y6.03%
Revenue Next Year-7.14%
Revenue Next 2Y-2.16%
Revenue Next 3Y0%
Revenue Next 5Y31.77%

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.
SLF.CA Yearly Revenue VS EstimatesSLF.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B 40B 50B
SLF.CA Yearly EPS VS EstimatesSLF.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8

3

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 12.37, the valuation of SLF can be described as correct.
Based on the Price/Earnings ratio, SLF is valued expensively inside the industry as 88.75% of the companies are valued cheaper.
When comparing the Price/Earnings ratio of SLF to the average of the S&P500 Index (27.08), we can say SLF is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.97, the valuation of SLF can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SLF indicates a slightly more expensive valuation: SLF is more expensive than 62.50% of the companies listed in the same industry.
SLF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.09.
Industry RankSector Rank
PE 12.37
Fwd PE 10.97
SLF.CA Price Earnings VS Forward Price EarningsSLF.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of SLF indicates a rather expensive valuation: SLF more expensive than 85.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.89
EV/EBITDA N/A
SLF.CA Per share dataSLF.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

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)1.14
PEG (5Y)2.34
EPS Next 2Y9.27%
EPS Next 3Y8.83%

7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.10%, SLF is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.56, SLF pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, SLF pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.1%

5.2 History

On average, the dividend of SLF grows each year by 8.81%, which is quite nice.
SLF has paid a dividend for at least 10 years, which is a reliable track record.
SLF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.81%
Div Incr Years10
Div Non Decr Years24
SLF.CA Yearly Dividends per shareSLF.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

62.09% of the earnings are spent on dividend by SLF. This is not a sustainable payout ratio.
SLF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP62.09%
EPS Next 2Y9.27%
EPS Next 3Y8.83%
SLF.CA Yearly Income VS Free CF VS DividendSLF.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B
SLF.CA Dividend Payout.SLF.CA Dividend Payout, showing the Payout Ratio.SLF.CA Dividend Payout.PayoutRetained Earnings

SUN LIFE FINANCIAL INC

TSX:SLF (10/27/2025, 7:00:00 PM)

87.19

+1.21 (+1.41%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)08-07 2025-08-07/amc
Earnings (Next)11-05 2025-11-05/amc
Inst Owners55.83%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap49.14B
Revenue(TTM)34.58B
Net Income(TTM)3.23B
Analysts75.56
Price Target90.95 (4.31%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.1%
Yearly Dividend3.39
Dividend Growth(5Y)8.81%
DP62.09%
Div Incr Years10
Div Non Decr Years24
Ex-Date08-27 2025-08-27 (0.88)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.67%
Min EPS beat(2)-0.3%
Max EPS beat(2)5.64%
EPS beat(4)2
Avg EPS beat(4)0.35%
Min EPS beat(4)-6.68%
Max EPS beat(4)5.64%
EPS beat(8)5
Avg EPS beat(8)0.65%
EPS beat(12)8
Avg EPS beat(12)1.91%
EPS beat(16)11
Avg EPS beat(16)2%
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)0.91%
PT rev (3m)-1.82%
EPS NQ rev (1m)0.27%
EPS NQ rev (3m)-1.74%
EPS NY rev (1m)0%
EPS NY rev (3m)0.99%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.86%
Valuation
Industry RankSector Rank
PE 12.37
Fwd PE 10.97
P/S 1.42
P/FCF 11.89
P/OCF 11.51
P/B 1.96
P/tB 4.54
EV/EBITDA N/A
EPS(TTM)7.05
EY8.09%
EPS(NY)7.95
Fwd EY9.12%
FCF(TTM)7.33
FCFY8.41%
OCF(TTM)7.58
OCFY8.69%
SpS61.36
BVpS44.58
TBVpS19.21
PEG (NY)1.14
PEG (5Y)2.34
Graham Number84.09
Profitability
Industry RankSector Rank
ROA 0.86%
ROE 12.85%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM 14.71%
PM (TTM) 9.34%
GM N/A
FCFM 11.95%
ROA(3y)0.9%
ROA(5y)0.92%
ROE(3y)12.65%
ROE(5y)12.26%
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)3.32%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-8.21%
OM growth 5YN/A
PM growth 3Y-4.77%
PM growth 5Y1.93%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.09
Health
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 1.54
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.39%
Interest Coverage 13.42
Cash Conversion N/A
Profit Quality 128.03%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC6.15%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)131.84%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.63%
EPS 3Y3.43%
EPS 5Y5.28%
EPS Q2Q%4.07%
EPS Next Y10.83%
EPS Next 2Y9.27%
EPS Next 3Y8.83%
EPS Next 5Y6.03%
Revenue 1Y (TTM)7.1%
Revenue growth 3Y-3.54%
Revenue growth 5Y0.65%
Sales Q2Q%1.96%
Revenue Next Year-7.14%
Revenue Next 2Y-2.16%
Revenue Next 3Y0%
Revenue Next 5Y31.77%
EBIT growth 1Y9.45%
EBIT growth 3Y-11.46%
EBIT growth 5YN/A
EBIT Next Year-2%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y37.89%
FCF growth 3YN/A
FCF growth 5Y0.24%
OCF growth 1Y37.39%
OCF growth 3YN/A
OCF growth 5Y0.46%

SUN LIFE FINANCIAL INC / SLF.CA FAQ

What is the ChartMill fundamental rating of SUN LIFE FINANCIAL INC (SLF.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to SLF.CA.


What is the valuation status for SLF stock?

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 4 / 10.


What is the financial health of SUN LIFE FINANCIAL INC (SLF.CA) stock?

The financial health rating of SUN LIFE FINANCIAL INC (SLF.CA) is 4 / 10.


Is the dividend of SUN LIFE FINANCIAL INC sustainable?

The dividend rating of SUN LIFE FINANCIAL INC (SLF.CA) is 7 / 10 and the dividend payout ratio is 62.09%.