Manulife FinancialPHS:MFC -1.11%71 5-Year Yield-on-Cost % is 5.39 as of Jul. 01, 2026, which is 18% below its 10-year median of 6.61. GuruFocus rates PHS:MFC with a GF Score™ of 71/100 and a GF Value™ of ₱1,734.33 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 425 Insurance companies, Manulife Financial ranks better than 62.59% on this metric.
Manulife Financial's yield on cost for the quarter that ended in Mar. 2026 was 5.39.
The historical rank and industry rank for Manulife Financial's 5-Year Yield-on-Cost % or its related term are showing as below:
PHS:MFC'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.71 Med: 6.61 Max: 11.77
Current: 5.39
During the past 13 years, Manulife Financial's highest Yield on Cost was 11.77. The lowest was 4.71. And the median was 6.61.
PHS:MFC's 5-Year Yield-on-Cost % is ranked better than 62.59% of 425
companies
in the Insurance industry
Industry Median: 4.01
vs PHS:MFC: 5.39
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Manulife Financial 5-Year Yield-on-Cost % Related Terms
PHS:MFC vs AFL, MET, PRU: 5-Year Yield-on-Cost % Comparison
For the Insurance - Life subindustry, Manulife Financial's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Manulife Financial's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Manulife Financial (PHS:MFC) has a 5-Year Yield-on-Cost % of 5.39 as of Jul. 01, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Manulife Financial and its competitors. This is 18% below median its historical median of 6.61. Over the past decade, Manulife Financial's 5-Year Yield-on-Cost % has ranged from 4.71 to 11.77. According to the industry distribution chart, Manulife Financial ranks #159 out of 425 companies in the Insurance industry, placing it in the top 37.4%.
Is Manulife Financial's 5-Year Yield-on-Cost % too high?
Manulife Financial's current 5-Year Yield-on-Cost % of 5.39 is 18% below median its 10-year median of 6.61. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 11.77. The Insurance industry median 5-Year Yield-on-Cost % is 4.01. Manulife Financial's value of 5.39 is 34.4% above this industry median. Based on the distribution chart, Manulife Financial ranks #159 out of 425 companies in the Insurance industry, which is above the industry midpoint. Overall, Manulife Financial has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's 5-Year Yield-on-Cost % compare to AFL and MET?
According to the Insurance industry distribution chart, Manulife Financial ranks #159 out of 425 companies for 5-Year Yield-on-Cost %. This puts Manulife Financial in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 4.01. Manulife Financial's value of 5.39 is 34.4% above this benchmark. Historically, Manulife Financial's own 5-Year Yield-on-Cost % has ranged from 4.71 to 11.77 over the past decade. While the company's 10-year median is 6.61 vs. the industry median of 4.01, Manulife 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 5-Year Yield-on-Cost % for an Insurance company?
The median 5-Year Yield-on-Cost % among Insurance companies is 4.01, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife Financial's current 5-Year Yield-on-Cost % of 5.39 is 34.4% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Manulife Financial and its competitors. For the Insurance industry, the median 5-Year Yield-on-Cost % is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Financial's current 5-Year Yield-on-Cost % is 5.39, which is 18% below median its own 10-year median of 6.61. 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?
Based on GuruFocus' analysis, Manulife Financial (PHS:MFC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱1,734.33, compared to a current price of ₱2,326.00 — trading 34.1% above its estimated fair value. The current 5-Year Yield-on-Cost % is 5.39, which is 18% below median its 10-year median of 6.61 and 34.4% above the Insurance industry median of 4.01. Manulife Financial's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Manulife Financial (PHS:MFC), the current 5-Year Yield-on-Cost % is 5.39 as of Jul. 01, 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 (PHS:MFC) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued.
The current stock price of ₱2,326.00 is trading 34.1% above its estimated GF Value™ of ₱1,734.33.
GuruFocus considers Manulife Financial to be Significantly Overvalued.
Key valuation signals for PHS:MFC:
5-Year Yield-on-Cost %: 5.39 (18% below median its 10-year median of 6.61)
GF Value™: ₱1,734.33 vs. price of ₱2,326.00 (34.1% above fair value)
Industry Position: 34.4% above the Insurance median (#159 of 425)
No single metric tells the full story. See the PHS:MFC 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.
71GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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