EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, IGM Financial's Enterprise Value is $10,384 Mil.
IGM Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $509 Mil. Therefore, IGM Financial's EV-to-FCF for today is 20.41.
The historical rank and industry rank for IGM Financial's EV-to-FCF or its related term are showing as below:
IGIFF'
s EV-to-FCF Range Over the Past 10 Years
Min: 15.41 Med: 26.23 Max: 36.38
Current: 20.67
During the past 13 years, the highest EV-to-FCF of IGM Financial was 36.38. The lowest was 15.41. And the median was 26.23.
IGIFF's EV-to-FCF is ranked worse than 65.02% of 1075
companies
in the Asset Management industry
Industry Median: 13.48
vs IGIFF: 20.67
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
The historical data trend for IGM Financial's EV-to-FCF 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.
Competitive Comparison of IGM Financial's EV-to-FCF
For the Asset Management subindustry, IGM Financial's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, IGM Financial's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where IGM Financial's EV-to-FCF falls into.
IGM Financial EV-to-FCF Calculation
IGM Financial's EV-to-FCF for today is calculated as:
IGM Financial's current Enterprise Value is $10,384 Mil.
IGM Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $509 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 (OTCPK:IGIFF) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
IGM Financial's PE Ratio for today is calculated as:
IGM Financial's share price for today is $25.035.
IGM Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.568.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
IGM Financial EV-to-FCF Related Terms
Thank you for viewing the detailed overview of IGM Financial's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
IGM Financial (IGM Financial) Business Description
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.
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