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IGM Financial (TSX:IGM) EV-to-EBITDA : 11.75 (As of Jul. 19, 2025)


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What is IGM Financial EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, IGM Financial's enterprise value is C$15,884 Mil. IGM Financial's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was C$1,352 Mil. Therefore, IGM Financial's EV-to-EBITDA for today is 11.75.

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: 15.03   Max: 21.79
Current: 11.75

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 15.03.

TSX:IGM's EV-to-EBITDA is ranked worse than
56.36% of 495 companies
in the Asset Management industry
Industry Median: 9.39 vs TSX:IGM: 11.75

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.

As of today (2025-07-19), IGM Financial's stock price is C$43.80. IGM Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was C$3.970. Therefore, IGM Financial's PE Ratio (TTM) for today is 11.03.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


IGM Financial EV-to-EBITDA Historical Data

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.

* Premium members only.

IGM Financial EV-to-EBITDA Chart

IGM Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.26 10.64 10.92 10.59 11.40

IGM Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.45 12.80 12.93 11.40 11.84

Competitive Comparison of IGM Financial's EV-to-EBITDA

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's EV-to-EBITDA Distribution in the 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.


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IGM Financial EV-to-EBITDA Calculation

IGM Financial's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=15883.806/1351.628
=11.75

IGM Financial's current Enterprise Value is C$15,884 Mil.
IGM Financial's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,352 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) EV-to-EBITDA Explanation

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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=43.80/3.970
=11.03

IGM Financial's share price for today is C$43.80.
IGM Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.970.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


IGM Financial EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of IGM Financial's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


IGM Financial Business Description

Traded in Other Exchanges
Address
447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
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.
Executives
Nancy Mccuaig Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Patricia Milloy-alfred Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
James Patrick O'sullivan Director, Senior Officer
Mark Richard Kinzel Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Heather Conway Director

IGM Financial Headlines

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