IGM Financial (IGM Financial) FCF Yield % : 8.69 (As of Apr. 27, 2024)

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What is IGM Financial FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, IGM Financial's Trailing 12-Month Free Cash Flow is $509 Mil, and Market Cap is $5,956 Mil. Therefore, IGM Financial's FCF Yield % for today is 8.69%.

The historical rank and industry rank for IGM Financial's FCF Yield % or its related term are showing as below:

IGIFF' s FCF Yield % Range Over the Past 10 Years
Min: 4.56 Med: 6.86 Max: 13.13
Current: 8.69

During the past 13 years, the highest FCF Yield % of IGM Financial was 13.13%. The lowest was 4.56%. And the median was 6.86%.

IGIFF's FCF Yield % is ranked better than
69.63% of 1597 companies
in the Asset Management industry
Industry Median: 3.16 vs IGIFF: 8.69

IGM Financial's FCF Margin % for the quarter that ended in Dec. 2023 was 21.79%.

IGM Financial FCF Yield % Historical Data

The historical data trend for IGM Financial's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IGM Financial FCF Yield % Chart

IGM Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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7.00

7.59

7.67

6.58

8.10

IGM Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															7.25	3.52	10.16	8.62	8.21

Competitive Comparison of IGM Financial's FCF Yield %

For the Asset Management subindustry, IGM Financial's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

IGM Financial's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, IGM Financial's FCF Yield % distribution charts can be found below:

* The bar in red indicates where IGM Financial's FCF Yield % falls into.

IGM Financial FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

IGM Financial's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	509.47	/	6291.44744
	=	8.10%

IGM Financial's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	129.118	*	4	/	6291.44744
	=	8.21%

IGM Financial FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

IGM Financial FCF Yield % Related Terms

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IGM Financial (IGM Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IGM Financial Inc (OTCPK:IGIFF) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

C7G:Germany IGM:Canada

Address

447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5

Website

https://www.igmfinancial.com

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, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management subsidiary)—that provide investment management products and services. IGM had CAD 215.3 billion in assets under management, or AUM, and CAD 35.0 billion in assets under advisement, or AUA, at the end of October 2023. Investment Planning Counsel is now being accounted for as a discontinued operation, having been sold earlier this year, with the deal closed in November 2023.

IGM Financial (IGM Financial) Headlines

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