Business Description
IGM Financial Inc
NAICS : 523920
SIC : 7211
ISIN : CA4495861060
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IGM.CanadaIGIFF.USAC7G.Germany IPO Date
1986-11-12Description
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management and Investment Planning Counsel subsidiaries)—that provide investment management products and services. IGM Financial had CAD 228.3 billion in assets under management, or AUM, and CAD 34.8 billion in assets under advisement, or AUA, at the end of April 2023.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.05 | |||||
| Equity-to-Asset | 0.32 | |||||
| Debt-to-Equity | 1.24 | |||||
| Debt-to-EBITDA | 5.45 | |||||
| Interest Coverage | 7.85 | |||||
| Piotroski F-Score | 3/9 | |||||
| Altman Z-Score | 1.57 | |||||
| Beneish M-Score | -2.5 | |||||
| WACC vs ROIC | ||||||
Growth Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 3.5 | |||||
| 3-Year EBITDA Growth Rate | 5.1 | |||||
| 3-Year EPS without NRI Growth Rate | 5.2 | |||||
| 3-Year FCF Growth Rate | -1.9 | |||||
| 3-Year Book Growth Rate | 11.4 | |||||
| Future 3-5Y Total Revenue Growth Rate | -1.84 |
Momentum Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 26.37 | |||||
| 9-Day RSI | 33.62 | |||||
| 14-Day RSI | 36.48 | |||||
| 6-1 Month Momentum % | -7.86 | |||||
| 12-1 Month Momentum % | 3.75 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 3.64 | |||||
| Quick Ratio | 3.64 | |||||
| Cash Ratio | 0.14 | |||||
| Days Sales Outstanding | 41.02 | |||||
| Days Payable | 93.33 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 6.06 | |||||
| Dividend Payout Ratio | 0.56 | |||||
| Forward Dividend Yield % | 6.06 | |||||
| 5-Year Yield-on-Cost % | 6.06 | |||||
| 3-Year Average Share Buyback Ratio | 0.1 | |||||
| Shareholder Yield % | 7.14 |
Profitability Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 43.89 | |||||
| Operating Margin % | 27.54 | |||||
| Net Margin % | 29.2 | |||||
| ROE % | 15.62 | |||||
| ROA % | 5.22 | |||||
| ROIC % | 4.38 | |||||
| ROC (Joel Greenblatt) % | 32.53 | |||||
| ROCE % | 8.1 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 9.34 | |||||
| Forward PE Ratio | 9.48 | |||||
| PE Ratio without NRI | 9.39 | |||||
| Shiller PE Ratio | 9.93 | |||||
| Price-to-Owner-Earnings | 9.48 | |||||
| PEG Ratio | 1.27 | |||||
| PS Ratio | 2.73 | |||||
| PB Ratio | 1.45 | |||||
| Price-to-Tangible-Book | 3.78 | |||||
| Price-to-Free-Cash-Flow | 12.97 | |||||
| Price-to-Operating-Cash-Flow | 10.81 | |||||
| EV-to-EBIT | 12.37 | |||||
| EV-to-Forward-EBIT | 13.19 | |||||
| EV-to-EBITDA | 11.44 | |||||
| EV-to-Forward-EBITDA | 12.34 | |||||
| EV-to-Revenue | 4.9 | |||||
| EV-to-Forward-Revenue | 4.82 | |||||
| EV-to-FCF | 23.43 | |||||
| Price-to-Projected-FCF | 0.76 | |||||
| Price-to-Median-PS-Value | 0.87 | |||||
| Price-to-Peter-Lynch-Fair-Value | 1.14 | |||||
| Price-to-Graham-Number | 1.25 | |||||
| Earnings Yield (Greenblatt) % | 8.08 | |||||
| Forward Rate of Return (Yacktman) % | 15.85 |
Balance Sheet Breakdown
No Enough Data
Cashflow Statement Breakdown
No Enough Data
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
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Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
IGM Financial Inc Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil C$) | 3,288.686 | ||
| EPS (TTM) (C$) | 4.04 | ||
| Beta | 1.26 | ||
| Volatility % | 16.46 | ||
| 14-Day RSI | 36.48 | ||
| 14-Day ATR (C$) | 0.59835 | ||
| 20-Day SMA (C$) | 37.991 | ||
| 12-1 Month Momentum % | 3.75 | ||
| 52-Week Range (C$) | 33.45 - 43.965 | ||
| Shares Outstanding (Mil) | 238.07 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 3 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
IGM Financial Inc Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
IGM Financial Inc Stock Events
| Event | Date | Price(C$) | ||
|---|---|---|---|---|
| No Event Data | ||||
IGM Financial Inc Frequently Asked Questions
What is IGM Financial Inc(TSX:IGM)'s stock price today?
The current price of TSX:IGM is C$37.14. The 52 week high of TSX:IGM is C$43.97 and 52 week low is C$33.45.
When is next earnings date of IGM Financial Inc(TSX:IGM)?
The next earnings date of IGM Financial Inc(TSX:IGM) is 2023-11-03 Est..
Does IGM Financial Inc(TSX:IGM) pay dividends? If so, how much?
The Dividend Yield %  of IGM Financial Inc(TSX:IGM) is 6.06% (As of Today), Highest Dividend Payout Ratio of IGM Financial Inc(TSX:IGM) was 0.9. The lowest was 0.55. And the median was 0.71. The  Forward Dividend Yield % of IGM Financial Inc(TSX:IGM) is 6.06%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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