Manulife FinancialPHS:MFC +2.00%70 EV-to-EBITDA is 12.04 as of Jul. 09, 2026, which is 43% above its 10-year median of 8.40. GuruFocus rates PHS:MFC with a GF Score™ of 70/100 and a GF Value™ of ₱1,730.80 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 348 Insurance companies, Manulife Financial ranks worse than 73.85% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Manulife Financial's enterprise value is ₱4,054,157 Mil.
Manulife Financial's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₱336,604 Mil. Therefore, Manulife Financial's EV-to-EBITDA for today is 12.04.
The historical rank and industry rank for Manulife Financial's EV-to-EBITDA or its related term are showing as below:
PHS:MFC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -2486.2 Med: 8.4 Max: 351.66
Current: 12.47
During the past 13 years, the highest EV-to-EBITDA of Manulife Financial was 351.66. The lowest was -2486.20. And the median was 8.40.
PHS:MFC's EV-to-EBITDA is ranked worse than 73.85% of 348
companies
in the Insurance industry
Industry Median: 8.125
vs PHS:MFC: 12.47
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Manulife Financial's PE Ratio (TTM) for today is calculated as:
Manulife Financial's share price for today is ₱2450.00.
Manulife Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱155.388.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Manulife Financial's EV-to-EBITDA 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.
For the Insurance - Life subindustry, Manulife Financial's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Manulife Financial EV-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Manulife Financial's EV-to-EBITDA falls into.
Manulife Financial's current Enterprise Value is ₱4,054,157 Mil.
Manulife Financial's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱336,604 Mil.
* 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.
Manulife Financial (PHS:MFC) has a EV-to-EBITDA of 12.04 as of Jul. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Manulife Financial. This is 43% above median its historical median of 8.40. According to the industry distribution chart, Manulife Financial ranks #257 out of 348 companies in the Insurance industry, placing it in the top 73.9%.
Is Manulife Financial's EV-to-EBITDA too high?
Manulife Financial's current EV-to-EBITDA of 12.04 is 43% above median its 10-year median of 8.40. The Insurance industry median EV-to-EBITDA is 8.13. Manulife Financial's value of 12.04 is 48.2% above this industry median. Based on the distribution chart, Manulife Financial ranks #257 out of 348 companies in the Insurance industry, which is below the industry midpoint. Overall, Manulife Financial has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's EV-to-EBITDA compare to AFL and MET?
According to the Insurance industry distribution chart, Manulife Financial ranks #257 out of 348 companies for EV-to-EBITDA. This places Manulife Financial in the lower half of its industry. The industry median EV-to-EBITDA is 8.13. Manulife Financial's value of 12.04 is 48.2% above this benchmark. While the company's 10-year median is 8.40 vs. the industry median of 8.13, Manulife Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Insurance company?
The median EV-to-EBITDA among Insurance companies is 8.13, based on 348 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife Financial's current EV-to-EBITDA of 12.04 is 48.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Manulife Financial. For the Insurance industry, the median EV-to-EBITDA is 8.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Financial's current EV-to-EBITDA is 12.04, which is 43% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife Financial stock overvalued right now?
Based on GuruFocus' analysis, Manulife Financial (PHS:MFC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱1,730.80, compared to a current price of ₱2,450.00 — trading 41.6% above its estimated fair value. The current EV-to-EBITDA is 12.04, which is 43% above median its 10-year median of 8.40 and 48.2% above the Insurance industry median of 8.13. Manulife Financial's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Manulife Financial (PHS:MFC), the current EV-to-EBITDA is 12.04 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Manulife Financial (PHS:MFC) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued.
The current stock price of ₱2,450.00 is trading 41.6% above its estimated GF Value™ of ₱1,730.80.
GuruFocus considers Manulife Financial to be Significantly Overvalued.
Key valuation signals for PHS:MFC:
EV-to-EBITDA: 12.04 (43% above median its 10-year median of 8.40)
GF Value™: ₱1,730.80 vs. price of ₱2,450.00 (41.6% above fair value)
Industry Position: 48.2% above the Insurance median (#257 of 348)
No single metric tells the full story. See the PHS:MFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manulife Financial is one of the Big Three Canadian life insurers. The firm provides life insurance, annuities, asset management, and wealth management products to individuals and group customers in Canada, the United States, and Asia. The Canadian business segment contributes approximately 21% of 2025 adjusted earnings. The Asia segment operates across 12 countries and contributes around 38% of earnings, with a significant presence in Hong Kong and Singapore. The US business, which primarily operates under the John Hancock brand, contributes about 16% of earnings. Manulife's global asset and wealth management business contributes approximately 25% of its earnings and had around CAD 1.1 trillion in assets under management and administration as of the end of 2025.
70GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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