Business Description
IGM Financial Inc
NAICS : 523920
SIC : 7211
ISIN : CA4495863041
Share Class Description:
TSX:IGM.PR.B.PFD: 5.9 % Non Cum First Pfd Shs Series -B-Description
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which holds a 62% equity stake in IGM Financial as well as stakes in Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its IG Wealth Management subsidiary)—that provide investment management products and services. At the end of October 2024, IGM Financial had CAD 249.1 billion in AUM (including CAD 83.1 billion in AUM that was being managed for its IG Wealth Management arm) at Mackenzie Investments, CAD 120.9 billion in assets under advisement at its IG Wealth Management subsidiary, and CAD 15.6 billion in other AUA.
Financial Strength
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.3 | |||||
| Equity-to-Asset | 0.38 | |||||
| Debt-to-Equity | 0.97 | |||||
| Debt-to-EBITDA | 5.67 | |||||
| Interest Coverage | 8.7 | |||||
| Piotroski F-Score | 7/9 | |||||
| Altman Z-Score | 1.71 | |||||
| Beneish M-Score | -4.73 | |||||
| WACC vs ROIC | ||||||
Growth Rank
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | -0.6 | |||||
| 3-Year EBITDA Growth Rate | -3 | |||||
| 3-Year EPS without NRI Growth Rate | -1.2 | |||||
| 3-Year FCF Growth Rate | 6.8 | |||||
| 3-Year Book Growth Rate | 6.8 |
Momentum Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 6-1 Month Momentum % | 0.16 | |||||
| 12-1 Month Momentum % | -1.77 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 3.61 | |||||
| Quick Ratio | 3.61 | |||||
| Cash Ratio | 0.7 | |||||
| Days Sales Outstanding | 34.21 | |||||
| Days Payable | 486.21 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 5.9 | |||||
| Forward Dividend Yield % | 5.9 | |||||
| 5-Year Yield-on-Cost % | 5.23 | |||||
| 3-Year Average Share Buyback Ratio | 0.3 | |||||
| Shareholder Yield % | 5.41 |
Profitability Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Operating Margin % | 32.25 | |||||
| Net Margin % | 26.73 | |||||
| ROE % | 12.99 | |||||
| ROA % | 4.88 | |||||
| ROIC % | 4.97 | |||||
| 3-Year ROIIC % | -1.28 | |||||
| ROC (Joel Greenblatt) % | 40.83 | |||||
| ROCE % | 8.26 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 11.6 | |||||
| Forward PE Ratio | 10.03 | |||||
| PE Ratio without NRI | 11.6 | |||||
| Shiller PE Ratio | 11.46 | |||||
| Price-to-Owner-Earnings | 10.97 | |||||
| PEG Ratio | 1.07 | |||||
| PS Ratio | 3.1 | |||||
| PB Ratio | 1.39 | |||||
| Price-to-Free-Cash-Flow | 10.47 | |||||
| Price-to-Operating-Cash-Flow | 9.39 | |||||
| EV-to-EBIT | 12.11 | |||||
| EV-to-EBITDA | 12.11 | |||||
| EV-to-Revenue | 4.64 | |||||
| EV-to-FCF | 15.68 | |||||
| Earnings Yield (Greenblatt) % | 8.26 | |||||
| FCF Yield % | 9.56 | |||||
| Forward Rate of Return (Yacktman) % | 10.8 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsPeter Lynch Chart
Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
IGM Financial Inc Executives
DetailsGF Value
Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil C$) | |||
| EPS (TTM) (C$) | - | ||
| Beta | - | ||
| 3-Year Sharpe Ratio | -0.7 | ||
| 3-Year Sortino Ratio | -0.87 | ||
| Volatility % | 3.48 | ||
| 14-Day RSI | - | ||
| 14-Day ATR (C$) | - | ||
| 20-Day SMA (C$) | - | ||
| 12-1 Month Momentum % | -1.77 | ||
| 52-Week Range (C$) | 23.39 - 25.75 | ||
| Shares Outstanding (Mil) |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 7 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
IGM Financial Inc Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
IGM Financial Inc Stock Events
| Event | Date | Price (C$) | ||
|---|---|---|---|---|
| No Event Data | ||||
IGM Financial Inc Frequently Asked Questions
What is IGM Financial Inc(TSX:IGM.PR.B.PFD)'s stock price today?
The current price of TSX:IGM.PR.B.PFD is C$24.99. The 52 week high of TSX:IGM.PR.B.PFD is C$25.75 and 52 week low is C$23.39.
When is next earnings date of IGM Financial Inc(TSX:IGM.PR.B.PFD)?
The next earnings date of IGM Financial Inc(TSX:IGM.PR.B.PFD) is 2025-05-02 Est..
Does IGM Financial Inc(TSX:IGM.PR.B.PFD) pay dividends? If so, how much?
The Dividend Yield %  of IGM Financial Inc(TSX:IGM.PR.B.PFD) is 5.9% (As of Today), Highest Dividend Payout Ratio of IGM Financial Inc(TSX:IGM.PR.B.PFD) was 0.72. The lowest was 0.46. And the median was 0.67. The  Forward Dividend Yield % of IGM Financial Inc(TSX:IGM.PR.B.PFD) is 5.9%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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