IGM Financial Inc
TSX:IGM
Intrinsic Value
IGM Financial, Inc. operates as a financial services company, which engages in the management and distribution of mutual funds and other managed asset products. [ Read More ]
The intrinsic value of one
IGM
stock under the Base Case scenario is
48.83
CAD.
Compared to the current market price of 34.07 CAD,
IGM Financial Inc
is
Undervalued by 30%.
IGM could be a value trap.A value trap occurs when a stock looks inexpensive based on fundamental analysis but fails to reach its intrinsic valuation over time, often due to underlying issues not reflected in quantitative data.
Scrutinize beyond numbers; assess long-term potential.
IGM Financial Inc's market capitalization is 8.1B CAD.
IGM stock price is 34.07 CAD.
IGM stock price (34.07 CAD) is 30% less than its Intrinsic Value (48.83 CAD).
IGM stock price (34.07 CAD) is 36% less than its Relative Value (52.98 CAD). Open Relative Valuation
IGM has upside potential of 25% compared to the average analyst price target.
Open Wall St Estimates
IGM's Revenue has been growing by 0% per year for the last 3 years.
IGM's Revenue has grown by 1% over the past 12 months.
IGM's ROIC (Return on Invested Capital) has decreased in the last 3 years from 5% to 4%.
IGM's D/E (Debt to Equity) is equal to 1.09.
IGM's ROE (Return on Equity) has increased in the last 3 years from 15% to 18%.
IGM's Revenue is forecast to fall at a rate of 2% per year over the next 3 years.
IGM's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 4%.
IGM's ROE (Return on Equity) for the past 12 months is positive and is equal to 18%.
IGM has positive three-year average ROE (Return on Equity): 16%. The company is efficient at transforming stockholders' equity into net income.
IGM has positive three-year average ROIC (Return on Invested Capital): 5%. The company is efficient at using invested capital to generate operating income.
IGM's long-term assets (19B CAD) exceed its long-term liabilties (12B CAD).
IGM has positive Net Income for the last twelve months.
IGM's short-term assets (918m CAD) exceed its short-term liabilties (483m CAD).
IGM has positive Operating Income for the last twelve months.
IGM has positive Free Cash Flow for the last twelve months.
IGM has positive Gross Profit for the last twelve months.
IGM's Altman Z-Score is very low and is equal to 1.08.
IGM has positive Net Debt. This means that the company has more debt (7B CAD) than cash and short-term investments (545m CAD).
IGM generates enough operating income (895m CAD) to cover interest payments on its debt (276m CAD).
Valuation Backtest
IGM Financial Inc
Run backtest to discover the historical profit from buying and selling
IGM
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
IGM Financial Inc
Balance Sheet Decomposition
IGM Financial Inc
| Current Assets | 918.5m |
| Cash & Short-Term Investments | 544.6m |
| Receivables | 373.8m |
| Non-Current Assets | 17.7B |
| Long-Term Investments | 7.9B |
| PP&E | 307m |
| Intangibles | 3.9B |
| Other Non-Current Assets | 5.7B |
| Current Liabilities | 483.4m |
| Accounts Payable | 444.7m |
| Other Current Liabilities | 38.7m |
| Non-Current Liabilities | 11.5B |
| Long-Term Debt | 7.2B |
| Other Non-Current Liabilities | 4.3B |
Earnings Waterfall
IGM Financial Inc
|
Revenue
|
3.2B
CAD
|
|
Cost of Revenue
|
-1.3B
CAD
|
|
Gross Profit
|
1.9B
CAD
|
|
Operating Expenses
|
-971.4m
CAD
|
|
Operating Income
|
894.6m
CAD
|
|
Other Expenses
|
254.3m
CAD
|
|
Net Income
|
1.1B
CAD
|
Free Cash Flow Analysis
IGM Financial Inc
IGM Profitability Score
Profitability Due Diligence
IGM Financial Inc's profitability score is 61/100. The higher the profitability score, the more profitable the company is.
Score
IGM Financial Inc's profitability score is 61/100. The higher the profitability score, the more profitable the company is.
IGM Solvency Score
Solvency Due Diligence
IGM Financial Inc's solvency score is 33/100. The higher the solvency score, the more solvent the company is.
Score
IGM Financial Inc's solvency score is 33/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
IGM Price Targets Summary
IGM Financial Inc
According to Wall Street analysts, the average 1-year price target for
IGM
is 42.67 CAD
with a low forecast of 37.37 CAD and a high forecast of 48.3 CAD.
Shareholder Return
IGM Price
IGM Financial Inc
| Average Annual Return | 8.77% |
| Standard Deviation of Annual Returns | 22.55% |
| Max Drawdown | -48% |
| Market Capitalization | 8.1B CAD |
| Shares Outstanding | 238 136 992 |
| Percentage of Shares Shorted | 3.87% |
Company Profile
IGM Financial Inc
Country
Industry
Market Cap
Dividend Yield
Description
IGM Financial, Inc. operates as a financial services company, which engages in the management and distribution of mutual funds and other managed asset products. The company is headquartered in Winnipeg, Manitoba. The firm operates through its wholly owned subsidiaries, Investors Group Inc. and Mackenzie Financial Corporation (Mackenzie). The company operates through three segments: Wealth Management, Asset Management and Strategic Investments and Other. Its Wealth Management segment includes the activities of operating companies that are principally focused on providing financial planning and related services to Canadian households. Its Asset Management segment includes the activities of operating companies primarily focused on providing investment management services and represents the operations of Mackenzie Investments. Its Strategic Investments and Other segment represents investments made by the Company, including China Asset Management Co., Ltd., Great-West Lifeco Inc., Northleaf Capital Group Ltd., Wealthsimple Financial Corp. and Portag3 Ventures LPs.
Contact
IPO
Employees
Officers
The intrinsic value of one
IGM
stock under the Base Case scenario is
48.83
CAD.
Compared to the current market price of 34.07 CAD,
IGM Financial Inc
is
Undervalued by 30%.
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