IGM Financial (TSX:IGM) Price-to-Free-Cash-Flow

: 11.72 (As of Today)

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As of today (2024-04-19), IGM Financial's share price is C$33.60. IGM Financial's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$2.87. Hence, IGM Financial's Price-to-Free-Cash-Flow Ratio for today is 11.72.

The historical rank and industry rank for IGM Financial's Price-to-Free-Cash-Flow or its related term are showing as below:

TSX:IGM' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.63 Med: 14.64 Max: 21.93
Current: 11.8

During the past 13 years, IGM Financial's highest Price-to-Free-Cash-Flow Ratio was 21.93. The lowest was 7.63. And the median was 14.64.

TSX:IGM's Price-to-Free-Cash-Flow is ranked better than
52.99% of 1021 companies
in the Asset Management industry
Industry Median: 12.62 vs TSX:IGM: 11.80

IGM Financial's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$0.73. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was C$2.87.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of IGM Financial was 15.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 2.80% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -0.40% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 1.20% per year.

During the past 13 years, IGM Financial's highest 3-Year average Free Cash Flow per Share Growth Rate was 31.20% per year. The lowest was -3.40% per year. And the median was 4.40% per year.

IGM Financial Price-to-Free-Cash-Flow Historical Data

The historical data trend for IGM Financial's Price-to-Free-Cash-Flow 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Free-Cash-Flow

14.17

13.08

12.77

15.24

12.21

IGM Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Free-Cash-Flow																15.24	15.04	13.86	12.19	12.21

Competitive Comparison

For the Asset Management subindustry, IGM Financial's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution

For the Asset Management industry and Financial Services sector, IGM Financial's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where IGM Financial's Price-to-Free-Cash-Flow falls into.

IGM Financial Price-to-Free-Cash-Flow Calculation

IGM Financial's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio	=	Share Price	/	Free Cash Flow per Share (TTM)
	=	33.60	/	2.866
	=	11.72

IGM Financial's Share Price of today is C$33.60.
IGM Financial's Free Cash Flow per Share 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 C$2.87.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio

Market Cap

Free Cash Flow

IGM Financial (TSX:IGM) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.

Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.

IGM Financial Price-to-Free-Cash-Flow Related Terms

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IGM Financial (TSX:IGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IGM Financial Inc (TSX:IGM) » Definitions » Price-to-Free-Cash-Flow

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.