IGM FinancialFRA:C7G -0.84%82 ROE % is 12.79% as of Mar. 2026, which is 21% below its 10-year median of 16.28. GuruFocus rates FRA:C7G with a GF Score™ of 82/100 and a GF Value™ of €31.31. The stock has 9 warning signs investors should review. Among 1,609 Asset Management companies, IGM Financial ranks better than 71.91% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. IGM Financial's annualized net income for the quarter that ended in Mar. 2026 was €716 Mil. IGM Financial's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €5,597 Mil. Therefore, IGM Financial's annualized ROE % for the quarter that ended in Mar. 2026 was 12.79%.
The historical rank and industry rank for IGM Financial's ROE % or its related term are showing as below:
FRA:C7G'
s ROE % Range Over the Past 10 Years
Min: 12.76 Med: 16.28 Max: 18.06
Current: 13.45
During the past 13 years, IGM Financial's highest ROE % was 18.06%. The lowest was 12.76%. And the median was 16.28%.
FRA:C7G's ROE % is ranked better than 71.91% of 1609
companies
in the Asset Management industry
Industry Median: 6.52
vs FRA:C7G: 13.45
IGM Financial (FRA:C7G) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
IGM Financial ROE % Related Terms
IGM Financial ROE % Historical Data
* Premium members only.
The historical data trend for IGM Financial's ROE % 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 Asset Management subindustry, IGM Financial's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, IGM Financial's ROE % distribution charts can be found below:
* The bar in red indicates where IGM Financial's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
IGM Financial (FRA:C7G) has a ROE % of 12.79% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on IGM Financial and its competitors. This is 21% below median its historical median of 16.28. Over the past decade, IGM Financial's ROE % has ranged from 12.76 to 18.06. According to the industry distribution chart, IGM Financial ranks #452 out of 1609 companies in the Asset Management industry, placing it in the top 28.1%.
Is IGM Financial's ROE % too high?
IGM Financial's current ROE % of 12.79% is 21% below median its 10-year median of 16.28. Over the past 10 years, this metric has ranged from a low of 12.76 to a high of 18.06. The Asset Management industry median ROE % is 6.52. IGM Financial's value of 12.79% is 96.2% above this industry median. Based on the distribution chart, IGM Financial ranks #452 out of 1609 companies in the Asset Management industry, which is above the industry midpoint. Overall, IGM Financial has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #452 out of 1609 companies for ROE %. This puts IGM Financial in the upper half of its industry. The industry median ROE % is 6.52. IGM Financial's value of 12.79% is 96.2% above this benchmark. Historically, IGM Financial's own ROE % has ranged from 12.76 to 18.06 over the past decade. While the company's 10-year median is 16.28 vs. the industry median of 6.52, IGM Financial has consistently been above 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.52, based on 1,609 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IGM Financial's current ROE % of 12.79% is 96.2% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on IGM Financial and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGM Financial's current ROE % is 12.79%, which is 21% below median its own 10-year median of 16.28. 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?
IGM Financial (FRA:C7G) has a current ROE % of 12.79%. The stock's GF Value™ is €31.31, compared to a current price of €47.40 — trading 51.4% above its estimated fair value. The current ROE % is 12.79%, which is 21% below median its 10-year median of 16.28 and 96.2% above the Asset Management industry median of 6.52. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For IGM Financial (FRA:C7G), the current ROE % is 12.79% as of Mar. 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 (FRA:C7G) Overvalued in 2026?
Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued.
The current stock price of €47.40 is trading 51.4% above its estimated GF Value™ of €31.31.
Key valuation signals for FRA:C7G:
ROE %: 12.79% (21% below median its 10-year median of 16.28)
GF Value™: €31.31 vs. price of €47.40 (51.4% above fair value)
Industry Position: 96.2% above the Asset Management median (#452 of 1609)
No single metric tells the full story. See the FRA:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
Get the complete analysis for FRA:C7G
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:C7G has been successfully added to your 
