IGM Financial (TSX:IGM) Margin of Safety % (DCF Dividends Based) : 15.70% (As of Apr. 29, 2024)

View and export this data going back to 1986. Start your Free Trial

What is IGM Financial Margin of Safety % (DCF Dividends Based)?

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based) - Current Price) / Intrinsic Value: DCF (Dividends Based).

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history with more than 5 years. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's Predictability Rank is 1-Star or Not Rated, the data will not be stored into our database.

As of today (2024-04-29), IGM Financial's Predictability Rank is 1.5-Stars. IGM Financial's intrinsic value calculated from the Discounted Dividend model is C$45.02 and current share price is C$34.16. Consequently,

IGM Financial's Margin of Safety % (DCF Dividends Based) using Discounted Dividend model is 15.70%.

Competitive Comparison of IGM Financial's Margin of Safety % (DCF Dividends Based)

For the Asset Management subindustry, IGM Financial's Margin of Safety % (DCF Dividends Based), along with its competitors' market caps and Margin of Safety % (DCF Dividends Based) 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 Margin of Safety % (DCF Dividends Based) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, IGM Financial's Margin of Safety % (DCF Dividends Based) distribution charts can be found below:

* The bar in red indicates where IGM Financial's Margin of Safety % (DCF Dividends Based) falls into.

IGM Financial Margin of Safety % (DCF Dividends Based) Calculation

IGM Financial's Margin of Safety % (DCF Dividends Based) for today is calculated as

Margin of Safety % (DCF Dividends Based)	=	(Intrinsic Value: DCF (Dividends Based)	-	Current Price)	/	Intrinsic Value: DCF (Dividends Based)
	=	(40.52	-	34.16)	/	40.52
	=	15.70 %

* 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.

The intrinsic value is calculated from the Discounted Dividend model with default parameters.

IGM Financial Margin of Safety % (DCF Dividends Based) Related Terms

Thank you for viewing the detailed overview of IGM Financial's Margin of Safety % (DCF Dividends Based) provided by GuruFocus.com. Please click on the following links to see related term pages.

IGM Financial (TSX:IGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IGM Financial Inc (TSX:IGM) » Definitions » Margin of Safety % (DCF Dividends Based)

Comparable Companies

Traded in Other Exchanges

IGIFF:USA C7G:Germany

Address

447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5

Website

https://www.igmfinancial.com

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.