MFC:NYE-Manulife Financial Corporation (USD)

EQUITY | Insurance - Life | New York Stock Exchange

Last Closing

USD 26.27

Change

-0.10 (-0.38)%

Market Cap

USD 34.51B

Volume

2.73M

Analyst Target

USD 23.61
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Manulife Financial Corp, together with its subsidiaries provides individual life insurance and individual and group long-term care insurance services. Its business segments are Asia Division, Canadian Division, U.S. Division, and Corporate & Other.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Insurance - Life

Symbol Name Price(Change) Market Cap
AFL Aflac Incorporated

N/A

USD 50.95B
MET MetLife Inc

N/A

USD 50.26B
MET-PA MetLife Inc Preferred Stock Se..

N/A

USD 47.73B
MET-PE MetLife Inc Preferred Stock Se..

N/A

USD 43.13B
PRU Prudential Financial Inc

N/A

USD 40.62B
PUK Prudential Public Limited Comp..

N/A

USD 24.71B
UNM Unum Group

N/A

USD 9.63B
GL Globe Life Inc

N/A

USD 7.66B
PRI Primerica Inc

N/A

USD 7.59B
JXN Jackson Financial Inc

N/A

USD 5.45B

ETFs Containing MFC

HFIN:CA Hamilton Enhanced Canadia.. 11.21 % 0.00 %

N/A

CAD 0.12B
FLI:CA CI U.S. & Canada Lifeco C.. 10.93 % 0.92 %

N/A

CAD 0.09B
CEW:CA iShares Equal Weight Banc.. 9.93 % 0.60 %

N/A

CAD 0.19B
XDIV:CA iShares Core MSCI Canadia.. 8.95 % 0.11 %

N/A

CAD 1.24B
FIE:CA iShares Canadian Financia.. 7.56 % 0.97 %

N/A

CAD 0.96B
HMAX:CA Hamilton Canadian Financi.. 7.40 % 0.00 %

N/A

CAD 0.78B
HEF:CA Horizons Enhanced Income .. 7.14 % 0.83 %

N/A

CAD 0.16B
ZVC:CA BMO MSCI Canada Value Ind.. 6.96 % 0.40 %

N/A

CAD 0.05B
ICTE:CA Invesco S&P/TSX Composite.. 4.66 % 0.00 %

N/A

CAD 0.98M
CDIV:CA Manulife Smart Dividend E.. 4.40 % 0.00 %

N/A

CAD 0.49B
TQCD:CA TD Q Canadian Dividend ET.. 4.03 % 0.00 %

N/A

CAD 0.38B
ICAE:CA Invesco S&P/TSX Canadian .. 3.86 % 0.00 %

N/A

CAD 6.98M
TMEC:CA TD Morningstar ESG Canada.. 3.39 % 0.00 %

N/A

CAD 9.43M
ESGC:CA Invesco S&P/TSX Composite.. 3.21 % 0.00 %

N/A

CAD 0.07B
CDEF:CA Manulife Smart Defensive .. 2.90 % 0.00 %

N/A

CAD 1.25M
PDIV:CA Purpose Enhanced Dividend.. 2.67 % 0.86 %

N/A

CAD 0.06B
PFAA:CA Picton Mahoney Fortified .. 1.61 % 0.00 %

N/A

CAD 0.11B
FDY:CA Faraday Copper Corp. 0.00 % 1.76 %

N/A

CAD 0.16B
FQC:CA 0.00 % 1.01 %

N/A

N/A
IPFF 0.00 % 0.55 %

N/A

N/A
JPHF 0.00 % 0.79 %

N/A

N/A
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.55 %

N/A

CAD 0.74B
PDF:CA Purpose Core Dividend 0.00 % 0.68 %

N/A

CAD 0.16B
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.50 %

N/A

CAD 0.18B
JPLS 0.00 % 0.60 %

N/A

N/A
BFIN:CA Brompton North American F.. 0.00 % 0.96 %

N/A

CAD 0.05B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

N/A

CAD 0.22B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.22 %

N/A

CAD 2.53B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

N/A

CAD 0.08B
XFN:CA iShares S&P/TSX Capped Fi.. 0.00 % 0.61 %

N/A

CAD 1.36B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

N/A

CAD 0.94B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

N/A

CAD 0.18B
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

N/A

CAD 1.57B
BNC:CA 0.00 % 0.68 %

N/A

N/A
PRP:CA Purpose Conservative Inco.. 0.00 % 0.71 %

N/A

CAD 0.95M

Market Performance

  Market Performance vs. Industry/Classification (Insurance - Life) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 18.87% 95% A 89% A-
Dividend Return 2.67% 83% B 81% B-
Total Return 21.53% 95% A 90% A-
Trailing 12 Months  
Capital Gain 42.77% 68% D+ 88% B+
Dividend Return 6.11% 71% C- 75% C
Total Return 48.89% 70% C- 89% A-
Trailing 5 Years  
Capital Gain 51.50% 42% F 69% C-
Dividend Return 28.35% 100% F 83% B
Total Return 79.85% 62% D 76% C+
Average Annual (5 Year Horizon)  
Capital Gain 7.56% 50% F 64% D
Dividend Return 12.97% 50% F 72% C
Total Return 5.40% 94% A 84% B
Risk Return Profile  
Volatility (Standard Deviation) 27.66% 50% F 40% F
Risk Adjusted Return 46.88% 50% F 69% C-
Market Capitalization 34.51B 88% B+ 95% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Insurance - Life) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 15.30 37% 56%
Price/Book Ratio 1.41 47% 56%
Price / Cash Flow Ratio 2.35 76% 74%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 10.48% 50% 60%
Return on Invested Capital 7.31% 70% 54%
Return on Assets 0.54% 65% 26%
Debt to Equity Ratio 25.68% 89% 76%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.