IGM Financial Inc
TSX:IGM

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IGM Financial Inc
TSX:IGM
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Price: 59.84 CAD 0.45% Market Closed
Market Cap: 14.1B CAD

Relative Value

The Relative Value of one IGM stock under the Base Case scenario is 91.05 CAD. Compared to the current market price of 59.84 CAD, IGM Financial Inc is Undervalued by 34%.

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
91.05 CAD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
45
Median 3Y
2.9
Median 5Y
2.8
Industry
3.3
Forward
3.8
vs History
0
vs Industry
40
Median 3Y
10
Median 5Y
10.1
Industry
15.5
Forward
13.1
vs History
9
vs Industry
29
Median 3Y
10.1
Median 5Y
10.3
Industry
10.2
vs History
14
vs Industry
29
Median 3Y
10.8
Median 5Y
6.4
Industry
12.3
vs History
19
vs Industry
36
Median 3Y
1.4
Median 5Y
1.4
Industry
1.3
vs History
0
vs Industry
36
Median 3Y
4.9
Median 5Y
4.7
Industry
5
Forward
5.9
vs History
0
vs Industry
30
Median 3Y
8.4
Median 5Y
8.1
Industry
7.4
vs History
3
vs Industry
31
Median 3Y
15.2
Median 5Y
14.9
Industry
14.3
Forward
13.1
vs History
3
vs Industry
27
Median 3Y
16.8
Median 5Y
16.2
Industry
14.8
Forward
14.5
vs History
11
vs Industry
20
Median 3Y
18.1
Median 5Y
18.3
Industry
12.3
vs History
22
vs Industry
19
Median 3Y
21.6
Median 5Y
21.4
Industry
13.3
vs History
0
vs Industry
33
Median 3Y
0.9
Median 5Y
1
Industry
1

Multiples Across Competitors

IGM Competitors Multiples
IGM Financial Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
IGM Financial Inc
TSX:IGM
14.2B CAD 3.8 13.7 16.6 18
US
Blackstone Inc
NYSE:BX
185.6B USD 14.1 68.5 29.6 29.7
US
BlackRock Inc
NYSE:BLK
169.2B USD 7.4 27.8 20 22.5
US
KKR & Co Inc
NYSE:KKR
127.2B USD 7.1 56.3 394.2 394.2
CA
Brookfield Corp
NYSE:BN
105.7B USD 1.4 127.2 11.7 17.8
CA
Brookfield Asset Management Inc
NYSE:BAM
90.4B USD 25.5 45.9 47.6 48
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
123.7B CAD 25.3 45.6 47.3 47.6
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
73.1B EUR 24.1 43.4 45.1 45.4
ZA
Ninety One Ltd
JSE:NY1
84.6B Zac 0 0 0 0
US
Bank of New York Mellon Corp
NYSE:BK
82.3B USD 4.2 16.4 77.5 0
LU
Reinet Investments SCA
JSE:RNI
77.9B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
IGM Financial Inc
TSX:IGM
Average EV/EBITDA: 76.6
16.6
16%
1
US
Blackstone Inc
NYSE:BX
29.6
18%
1.6
US
BlackRock Inc
NYSE:BLK
20
19%
1.1
US
KKR & Co Inc
NYSE:KKR
394.2
126%
3.1
CA
Brookfield Corp
NYSE:BN
11.7
-22%
N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
47.6
243%
0.2
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
47.3
243%
0.2
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
45.1
243%
0.2
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
77.5
N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
IGM Financial Inc
TSX:IGM
Average EV/EBIT: 77.9
18
15%
1.2
US
Blackstone Inc
NYSE:BX
29.7
22%
1.4
US
BlackRock Inc
NYSE:BLK
22.5
18%
1.3
US
KKR & Co Inc
NYSE:KKR
394.2
108%
3.7
CA
Brookfield Corp
NYSE:BN
17.8
-28%
N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
48
240%
0.2
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
47.6
240%
0.2
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
45.4
240%
0.2
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A