IGM Financial (TSX:IGM) Moat Score: 6/10 (As of Jul. 04, 2026)


TSX:IGM IGM Financial Inc TSX:IGM
82 GF Score
Price C$79.67
GF Value C$50.75
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IGM Financial Moat Score?

IGM Financial TSX:IGM +1.16% 82 Moat Score is 6 as of Jul. 04, 2026. GuruFocus rates TSX:IGM with a GF Score™ of 82/100 and a GF Value™ of C$50.75 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,695 Asset Management companies, IGM Financial ranks better than 99.47% on this metric.

IGM Financial has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

IGM Financial has Narrow Moat: IGM Financial Inc has a strong narrow moat due to its significant market share in the Canadian financial services sector, strong brand recognition, and customer loyalty. It benefits from economies of scale and a robust distribution network. However, it lacks the regulatory barriers and exclusive licenses that would elevate it to a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes IGM Financial might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

IGM Financial  (TSX:IGM) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

IGM Financial Moat Score Related Terms

TSX:IGM vs BLK, BX, KKR: Moat Score Comparison

For the Asset Management subindustry, IGM Financial's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IGM Financial's Moat Score distribution charts can be found below:

* The bar in red indicates where IGM Financial's Moat Score falls into.


TSX:IGM
82GF Score
IGM Financial Inc TSX:IGM
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
IGM Financial (TSX:IGM) has a Moat Score of 6 as of Jul. 04, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, IGM Financial ranks #9 out of 1695 companies in the Asset Management industry, placing it in the top 0.5%.
Is IGM Financial's Moat Score too high?
IGM Financial's current Moat Score is 6. Based on the distribution chart, IGM Financial ranks #9 out of 1695 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, IGM Financial has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Moat Score compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #9 out of 1695 companies for Moat Score. This places IGM Financial in the top 1% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. IGM Financial's current Moat Score is 6. 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$50.75, compared to a current price of C$79.67 — trading 57% above its estimated fair value. The current Moat Score is 6. IGM Financial's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For IGM Financial (TSX:IGM), the current Moat Score is 6 as of Jul. 04, 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$79.67 is trading 57% above its estimated GF Value™ of C$50.75. GuruFocus considers IGM Financial to be Significantly Overvalued.

Key valuation signals for TSX:IGM:

  • Moat Score: 6
  • GF Value™: C$50.75 vs. price of C$79.67 (57% above fair value)
  • GF Score™: 82/100 with 9 warning signs

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 Business Description

Other Exchanges IGIFF:USAC7G:Germany
Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
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.
82GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$79.67
Price
C$50.75
GF Value