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IGM FinancialTSX:IGM -0.99%85 EV-to-EBITDA is 14.64 as of Aug. 11, 2026, which is 3% above its 10-year median of 14.19. GuruFocus rates TSX:IGM with a GF Score™ of 85/100 and a GF Value™ of C$52.64 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 512 Asset Management companies, IGM Financial ranks worse than 69.92% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, IGM Financial's enterprise value is C$24,101 Mil.
IGM Financial's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was C$1,646 Mil. Therefore, IGM Financial's EV-to-EBITDA for today is 14.64.
The historical rank and industry rank for IGM Financial's EV-to-EBITDA or its related term are showing as below:
TSX:IGM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.56 Med: 14.19 Max: 21.79
Current: 14.64
During the past 13 years, the highest EV-to-EBITDA of IGM Financial was 21.79. The lowest was 9.56. And the median was 14.19.
TSX:IGM's EV-to-EBITDA is ranked worse than 69.92% of 512
companies
in the Asset Management industry
Industry Median: 8.625
vs TSX:IGM: 14.64
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.
IGM Financial's PE Ratio (TTM) for today is calculated as:
IGM Financial's share price for today is C$89.31.
IGM Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4.940.
* 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 IGM 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 Asset Management subindustry, IGM 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.
IGM Financial EV-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, IGM Financial's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where IGM Financial's EV-to-EBITDA falls into.
IGM Financial's current Enterprise Value is C$24,101 Mil.
IGM Financial's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,646 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.
IGM Financial (TSX:IGM) has a EV-to-EBITDA of 14.64 as of Aug. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on IGM Financial. This is near median its historical median of 14.19. Over the past decade, IGM Financial's EV-to-EBITDA has ranged from 9.56 to 21.79. According to the industry distribution chart, IGM Financial ranks #358 out of 512 companies in the Asset Management industry, placing it in the top 69.9%.
Is IGM Financial's EV-to-EBITDA too high?
IGM Financial's current EV-to-EBITDA of 14.64 is near median its 10-year median of 14.19. Over the past 10 years, this metric has ranged from a low of 9.56 to a high of 21.79. The Asset Management industry median EV-to-EBITDA is 8.63. IGM Financial's value of 14.64 is 69.7% above this industry median. Based on the distribution chart, IGM Financial ranks #358 out of 512 companies in the Asset Management industry, which is below the industry midpoint. Overall, IGM Financial has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #358 out of 512 companies for EV-to-EBITDA. This places IGM Financial in the lower half of its industry. The industry median EV-to-EBITDA is 8.63. IGM Financial's value of 14.64 is 69.7% above this benchmark. Historically, IGM Financial's own EV-to-EBITDA has ranged from 9.56 to 21.79 over the past decade. While the company's 10-year median is 14.19 vs. the industry median of 8.63, IGM 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 Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.63, based on 512 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. IGM Financial's current EV-to-EBITDA of 14.64 is 69.7% 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 IGM Financial. For the Asset Management industry, the median EV-to-EBITDA is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGM Financial's current EV-to-EBITDA is 14.64, which is near median its own 10-year median of 14.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
Based on GuruFocus' analysis, IGM Financial (TSX:IGM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$52.64, compared to a current price of C$89.31 — trading 69.7% above its estimated fair value. The current EV-to-EBITDA is 14.64, which is near median its 10-year median of 14.19 and 69.7% above the Asset Management industry median of 8.63. IGM Financial's overall GF Score™ is 85/100 with 9 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 IGM Financial (TSX:IGM), the current EV-to-EBITDA is 14.64 as of Aug. 11, 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 IGM Financial (TSX:IGM) Overvalued in 2026?
Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued.
The current stock price of C$89.31 is trading 69.7% above its estimated GF Value™ of C$52.64.
GuruFocus considers IGM Financial to be Significantly Overvalued.
Key valuation signals for TSX:IGM:
EV-to-EBITDA: 14.64 (near median its 10-year median of 14.19)
GF Value™: C$52.64 vs. price of C$89.31 (69.7% above fair value)
Industry Position: 69.7% above the Asset Management median (#358 of 512)
No single metric tells the full story. See the TSX:IGM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
85GF Score
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