Manulife FinancialMEX:MFCN 70 EV-to-FCF is 2.93 as of Jun. 25, 2026, which is 16% above its 10-year median of 2.53. GuruFocus rates MEX:MFCN with a GF Score™ of 70/100 and a GF Value™ of MXN441.09. The stock has 8 warning signs investors should review. Among 392 Insurance companies, Manulife Financial ranks better than 81.63% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Manulife Financial's Enterprise Value is MXN1,122,837 Mil.
Manulife Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN382,967 Mil. Therefore, Manulife Financial's EV-to-FCF for today is 2.93.
The historical rank and industry rank for Manulife Financial's EV-to-FCF or its related term are showing as below:
MEX:MFCN'
s EV-to-FCF Range Over the Past 10 Years
Min: 0.95 Med: 2.53 Max: 3.22
Current: 3.19
During the past 13 years, the highest EV-to-FCF of Manulife Financial was 3.22. The lowest was 0.95. And the median was 2.53.
MEX:MFCN's EV-to-FCF is ranked better than 81.63% of 392
companies
in the Insurance industry
Industry Median: 9.42
vs MEX:MFCN: 3.19
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 (TTM) to determine the fair market value of a company.
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 (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 MXN574.00.
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 MXN46.424.
* 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.
Manulife Financial EV-to-FCF Related Terms
Manulife Financial EV-to-FCF Historical Data
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The historical data trend for Manulife 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.
For the Insurance - Life subindustry, Manulife 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.
Manulife Financial EV-to-FCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Manulife Financial's EV-to-FCF falls into.
Manulife Financial's current Enterprise Value is MXN1,122,837 Mil.
Manulife Financial's Free Cash Flow 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 MXN382,967 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 (MEX:MFCN) has a EV-to-FCF of 2.93 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Manulife Financial and its competitors. This is 16% above median its historical median of 2.53. Over the past decade, Manulife Financial's EV-to-FCF has ranged from 0.95 to 3.22. According to the industry distribution chart, Manulife Financial ranks #72 out of 392 companies in the Insurance industry, placing it in the top 18.4%.
Is Manulife Financial's EV-to-FCF too high?
Manulife Financial's current EV-to-FCF of 2.93 is 16% above median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.22. The Insurance industry median EV-to-FCF is 9.42. Manulife Financial's value of 2.93 is 68.9% below this industry median. Based on the distribution chart, Manulife Financial ranks #72 out of 392 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Manulife Financial has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's EV-to-FCF compare to AFL and MET?
According to the Insurance industry distribution chart, Manulife Financial ranks #72 out of 392 companies for EV-to-FCF. This places Manulife Financial in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 9.42. Manulife Financial's value of 2.93 is 68.9% below this benchmark. Historically, Manulife Financial's own EV-to-FCF has ranged from 0.95 to 3.22 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 9.42, Manulife Financial has consistently been below 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-FCF for an Insurance company?
The median EV-to-FCF among Insurance companies is 9.42, based on 392 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife Financial's current EV-to-FCF of 2.93 is 68.9% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Manulife Financial and its competitors. For the Insurance industry, the median EV-to-FCF is 9.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Financial's current EV-to-FCF is 2.93, which is 16% above median its own 10-year median of 2.53. 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?
Manulife Financial (MEX:MFCN) has a current EV-to-FCF of 2.93. The stock's GF Value™ is MXN441.09, compared to a current price of MXN574.00 — trading 30.1% above its estimated fair value. The current EV-to-FCF is 2.93, which is 16% above median its 10-year median of 2.53 and 68.9% below the Insurance industry median of 9.42. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Manulife Financial (MEX:MFCN), the current EV-to-FCF is 2.93 as of Jun. 25, 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 (MEX:MFCN) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued.
The current stock price of MXN574.00 is trading 30.1% above its estimated GF Value™ of MXN441.09.
Key valuation signals for MEX:MFCN:
EV-to-FCF: 2.93 (16% above median its 10-year median of 2.53)
GF Value™: MXN441.09 vs. price of MXN574.00 (30.1% above fair value)
Industry Position: 68.9% below the Insurance median (#72 of 392)
No single metric tells the full story. See the MEX:MFCN 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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