IGM Financial Inc
TSX:IGM

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IGM Financial Inc
TSX:IGM
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Price: 43.89 CAD -0.39% Market Closed
Market Cap: 10.4B CAD

Relative Value

The Relative Value of one IGM stock under the Base Case scenario is 74.74 CAD. Compared to the current market price of 43.89 CAD, IGM Financial Inc is Undervalued by 41%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IGM Relative Value
Base Case
74.74 CAD
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
22
vs Industry
45
Median 3Y
2.8
Median 5Y
2.8
Industry
3.1
Forward
2.8
vs History
19
vs Industry
40
Median 3Y
9.1
Median 5Y
9.6
Industry
15
Forward
10
vs History
71
vs Industry
29
Median 3Y
9.8
Median 5Y
10.1
Industry
9.9
vs History
30
vs Industry
29
Median 3Y
10.3
Median 5Y
-15.7
Industry
12.5
vs History
71
vs Industry
36
Median 3Y
1.3
Median 5Y
1.5
Industry
1.3
vs History
14
vs Industry
36
Median 3Y
4.7
Median 5Y
4.7
Industry
4.7
Forward
5.2
vs History
14
vs Industry
30
Median 3Y
8.1
Median 5Y
8.1
Industry
6.9
vs History
20
vs Industry
31
Median 3Y
14.9
Median 5Y
14.4
Industry
13.8
Forward
12.1
vs History
23
vs Industry
27
Median 3Y
16.5
Median 5Y
15.7
Industry
14.1
Forward
12.9
vs History
63
vs Industry
20
Median 3Y
17.7
Median 5Y
18.3
Industry
12
vs History
71
vs Industry
19
Median 3Y
21.1
Median 5Y
21.6
Industry
13.1
vs History
34
vs Industry
33
Median 3Y
0.9
Median 5Y
1
Industry
0.9

Multiples Across Competitors

IGM Competitors Multiples
IGM Financial Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
IGM Financial Inc
TSX:IGM
10.4B CAD 2.9 11 15.6 16.9
US
Blackstone Inc
NYSE:BX
170.4B USD 13.3 67 28 28.2
US
BlackRock Inc
NYSE:BLK
153.3B USD 7.3 24.3 18.5 19.8
US
KKR & Co Inc
NYSE:KKR
109.6B USD 6.7 49.9 -824.6 -824.6
CA
Brookfield Corp
NYSE:BN
97B USD 1.2 217.6 11 16.3
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
127B CAD 65.4 98.1 128.8 129.3
CA
Brookfield Asset Management Inc
NYSE:BAM
92.8B USD 65.4 98.1 128.8 129.3
ZA
Ninety One Ltd
JSE:NY1
74.9B Zac 0 0 0 0
LU
Reinet Investments SCA
JSE:RNI
68.1B Zac 0 0 0 0
US
Bank of New York Mellon Corp
NYSE:BK
64.6B USD 3.4 14.3 62.7 0
MU
African Rainbow Capital Investments Ltd
JSE:AIL
61.5B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
IGM Financial Inc
TSX:IGM
Average EV/EBITDA: 56.2
15.6
8%
2
US
Blackstone Inc
NYSE:BX
28
20%
1.4
US
BlackRock Inc
NYSE:BLK
18.5
3%
6.2
US
KKR & Co Inc
NYSE:KKR
Negative Multiple: -824.6
124%
N/A
CA
Brookfield Corp
NYSE:BN
11
N/A N/A
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
128.8
236%
0.5
CA
Brookfield Asset Management Inc
NYSE:BAM
128.8
236%
0.5
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
62.7
N/A N/A
MU
A
African Rainbow Capital Investments Ltd
JSE:AIL
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
IGM Financial Inc
TSX:IGM
Average EV/EBIT: 56.6
16.9
7%
2.4
US
Blackstone Inc
NYSE:BX
28.2
21%
1.3
US
BlackRock Inc
NYSE:BLK
19.8
4%
4.9
US
KKR & Co Inc
NYSE:KKR
Negative Multiple: -824.6
108%
N/A
CA
Brookfield Corp
NYSE:BN
16.3
-27%
N/A
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
129.3
235%
0.6
CA
Brookfield Asset Management Inc
NYSE:BAM
129.3
235%
0.6
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
MU
A
African Rainbow Capital Investments Ltd
JSE:AIL
Not Available N/A N/A