MFC:NYE-Manulife Financial Corporation (USD)

EQUITY | Insurance - Life | New York Stock Exchange

Last Closing

USD 26.75

Change

-0.33 (-1.22)%

Market Cap

USD 34.51B

Volume

2.06M

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: 2024-07-16 )

Largest Industry Peers for Insurance - Life

Symbol Name Price(Change) Market Cap
AFL Aflac Incorporated

+1.12 (+1.04%)

USD 60.95B
MET-PA MetLife Inc Preferred Stock Se..

+0.18 (+0.74%)

USD 47.67B
MET-PE MetLife Inc Preferred Stock Se..

+0.02 (+0.08%)

USD 44.41B
PRU Prudential Financial Inc

+0.86 (+0.73%)

USD 41.92B
PUK Prudential Public Limited Comp..

-0.23 (-1.30%)

USD 23.29B
PRI Primerica Inc

+0.80 (+0.31%)

USD 8.84B
JXN Jackson Financial Inc

-0.18 (-0.21%)

USD 6.32B
FG F&G Annuities & Life Inc.

+1.56 (+3.69%)

USD 5.06B
ANG-PA American National Group Inc.

+0.07 (+0.28%)

N/A
MET-PF MetLife Inc Preferred Stock Se..

+0.03 (+0.11%)

N/A

ETFs Containing MFC

BANK:CA Evolve Canadian Banks and.. 13.29 % 0.39 %

+0.04 (+0.44%)

CAD 0.23B
HFIN:CA Hamilton Enhanced Canadia.. 11.76 % 0.00 %

+0.05 (+0.44%)

CAD 0.14B
FLI:CA CI U.S. & Canada Lifeco C.. 11.37 % 0.92 %

+0.05 (+0.44%)

CAD 0.09B
CEW:CA iShares Equal Weight Banc.. 9.89 % 0.60 %

+0.05 (+0.44%)

CAD 0.21B
XDIV:CA iShares Core MSCI Canadia.. 9.00 % 0.11 %

+0.01 (+0.44%)

CAD 1.46B
HMAX:CA Hamilton Canadian Financi.. 7.40 % 0.00 %

+0.02 (+0.44%)

N/A
FIE:CA iShares Canadian Financia.. 7.26 % 0.97 %

+0.02 (+0.44%)

CAD 1.03B
HEF:CA 7.14 % 0.83 %

N/A

N/A
ZVC:CA BMO MSCI Canada Value Ind.. 6.86 % 0.40 %

-0.24 (0.44%)

CAD 0.05B
ZFC:CA BMO SIA Focused Canadian .. 6.67 % 0.00 %

+0.14 (+0.44%)

CAD 0.06B
XFN:CA iShares S&P/TSX Capped Fi.. 6.42 % 0.61 %

+0.13 (+0.44%)

CAD 1.50B
BFIN:CA Brompton North American F.. 6.25 % 0.96 %

N/A

CAD 0.05B
VDY:CA Vanguard FTSE Canadian Hi.. 4.69 % 0.22 %

+0.04 (+0.44%)

CAD 2.83B
XCV:CA iShares Canadian Value 4.64 % 0.55 %

-0.20 (0.44%)

CAD 0.07B
ICTE:CA Invesco S&P/TSX Composite.. 4.59 % 0.00 %

N/A

CAD 1.05M
PDC:CA Invesco Canadian Dividend.. 4.05 % 0.55 %

-0.02 (0.44%)

CAD 0.78B
ZDV:CA BMO Canadian Dividend 3.94 % 0.38 %

-0.08 (0.44%)

CAD 1.06B
ICAE:CA Invesco S&P/TSX Canadian .. 3.84 % 0.00 %

N/A

CAD 7.43M
TQCD:CA TD Q Canadian Dividend ET.. 3.77 % 0.00 %

-0.08 (0.44%)

CAD 0.38B
PDF:CA Purpose Core Dividend 3.53 % 0.68 %

-0.22 (0.44%)

CAD 0.17B
PXC:CA Invesco FTSE RAFI Canadia.. 3.48 % 0.50 %

-0.19 (0.44%)

CAD 0.18B
RCDC:CA RBC Canadian Dividend Cov.. 3.46 % 0.00 %

N/A

N/A
DRFC:CA Desjardins RI Canada Mult.. 3.25 % 0.57 %

-0.20 (0.44%)

CAD 0.23B
CDEF:CA Manulife Smart Defensive .. 2.82 % 0.00 %

N/A

CAD 1.33M
PDIV:CA Purpose Enhanced Dividend.. 2.68 % 0.86 %

-0.13 (0.44%)

CAD 0.06B
PIN:CA Purpose Monthly Income Fu.. 1.12 % 0.72 %

-0.16 (0.44%)

CAD 5.82M
FDY:CA Faraday Copper Corp. 0.00 % 1.76 %

-0.05 (0.44%)

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
JPLS 0.00 % 0.60 %

N/A

N/A
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

-0.03 (0.44%)

CAD 1.64B
BNC:CA 0.00 % 0.68 %

N/A

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

N/A

N/A
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

-0.24 (0.44%)

CAD 0.07B
CDIV:CA Manulife Smart Dividend E.. 0.00 % 0.00 %

-0.12 (0.44%)

CAD 0.57B
TMEC:CA 0.00 % 0.00 %

N/A

N/A
PFAA:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

+0.05 (+0.44%)

CAD 0.12B

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 21.04% 78% C+ 85% B
Dividend Return 2.67% 63% D 63% D
Total Return 23.71% 83% B 86% B+
Trailing 12 Months  
Capital Gain 38.74% 89% A- 91% A-
Dividend Return 5.84% 69% C- 75% C
Total Return 44.58% 89% A- 92% A
Trailing 5 Years  
Capital Gain 44.28% 50% F 69% C-
Dividend Return 26.52% 100% F 82% B
Total Return 70.80% 57% F 76% C+
Average Annual (5 Year Horizon)  
Capital Gain 10.02% 55% F 69% C-
Dividend Return 15.47% 55% F 76% C+
Total Return 5.45% 89% A- 83% B
Risk Return Profile  
Volatility (Standard Deviation) 27.47% 50% F 38% F
Risk Adjusted Return 56.30% 65% D 76% 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 29% 54%
Price/Book Ratio 1.41 36% 56%
Price / Cash Flow Ratio 2.38 81% 74%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 10.48% 47% 59%
Return on Invested Capital 7.31% 67% 54%
Return on Assets 0.54% 63% 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 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.

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.