OTCMDFYFF
Market cap4.52bUSD
Dec 18, Last price
39.53USD
Name
Definity Financial Corp
Chart & Performance
P/E
18.55
P/S
1.66
EPS
3.06
Div Yield, %
1.40%
Shrs. gr., 5y
0.23%
Rev. gr., 5y
10.13%
Revenues
3.91b
+20.46%
Net income
350m
+38.93%
CFO
352m
+36.94%
Earnings
Feb 14, 2025
Profile
Definity Financial Corporation, together with its subsidiaries, provides property and casualty insurance products in Canada. It offers personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products comprising fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. Definity Financial Corporation was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.
IPO date
Nov 18, 2021
Employees
3,555
Domiciled in
CA
Incorporated in
CA
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 3,912,100 20.46% | 3,247,700 11.31% | 2,917,800 8.21% | |||
Cost of revenue | 71,600 | 15,100 | ||||
Unusual Expense (Income) | ||||||
NOPBT | 3,840,500 | 3,232,600 | 2,917,800 | |||
NOPBT Margin | 98.17% | 99.54% | 100.00% | |||
Operating Taxes | 112,700 | 52,600 | 68,000 | |||
Tax Rate | 2.93% | 1.63% | 2.33% | |||
NOPAT | 3,727,800 | 3,180,000 | 2,849,800 | |||
Net income | 350,100 38.93% | 252,000 18.20% | 213,200 38.53% | |||
Dividends | (63,200) | (63,300) | (1,908,900) | |||
Dividend yield | ||||||
Proceeds from repurchase of equity | (13,900) | (53,600) | 2,285,700 | |||
BB yield | ||||||
| Debt | ||||||
Debt current | 114,300 | 3,400 | 5,300 | |||
Long-term debt | 185,500 | 99,100 | 37,800 | |||
Deferred revenue | (9,300) | 1,600 | ||||
Other long-term liabilities | 3,741,700 | 107,300 | (18,900) | |||
Net debt | (179,700) | (7,811,300) | (8,964,800) | |||
| Cash flow | ||||||
Cash from operating activities | 351,800 | 256,900 | 655,200 | |||
CAPEX | (87,500) | (90,800) | (49,400) | |||
Cash from investing activities | (351,900) | (374,700) | (1,044,200) | |||
Cash from financing activities | (61,000) | 73,400 | 376,800 | |||
FCF | 4,915,800 | 2,685,500 | 2,781,900 | |||
| Balance | ||||||
Cash | 197,500 | 2,991,200 | 3,589,300 | |||
Long term investments | 282,000 | 4,922,600 | 5,418,600 | |||
Excess cash | 283,895 | 7,751,415 | 8,862,010 | |||
Stockholders' equity | 2,966,500 | 2,480,400 | 2,396,300 | |||
Invested Capital | 6,821,305 | 5,770,000 | 5,195,900 | |||
ROIC | 59.21% | 58.00% | 58.07% | |||
ROCE | 52.93% | 38.85% | 38.34% | |||
| EV | ||||||
Common stock shares outstanding | 116,600 | 116,900 | 105,400 | |||
Price | ||||||
Market cap | ||||||
EV | ||||||
EBITDA | 3,946,300 | 3,237,500 | 2,972,300 | |||
EV/EBITDA | ||||||
Interest | 5,300 | 600 | ||||
Interest/NOPBT | 0.14% | 0.02% | ||||