XTSEIGM
Market cap7.66bUSD
Dec 20, Last price
46.25CAD
1D
-0.37%
1Q
15.48%
Jan 2017
21.07%
Name
IGM Financial Inc
Chart & Performance
Profile
IGM Financial Inc. operates as a wealth and asset management company in Canada. It operates through Wealth Management, Asset Management, and Strategic Investments and Other segments. The company offers financial advisory services; IG Living Plan that provides financial planning services, such as investment vehicles, insurance products, mortgage and banking solutions, and charitable giving program; IG Wealth Management Advisor Portal, a customer relationship management platform; and IG Wealth Management's dealer platform, which provides increased automation and supports both MFDA and IIROC licensed advisors, as well as new products on its investment dealer platform. It also provides mutual funds; portfolios; IG Advisory Account, a fee-based account that enhances client experience by offering the ability to simplify and consolidate selected investments into a single account; iProfile Private portfolios, a portfolio management program for households with investments; iProfile Portfolios, a suite of four managed solutions; segregated funds; separately managed and fee-based brokerage accounts; insurance products; and securities services. In addition, the company offers management and related services; global private equity, private credit, and infrastructure investment solutions; and exchange traded funds. The company was incorporated in 1978 and is headquartered in Winnipeg, Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 3,702,282 7.15% | 3,455,358 -3.69% | 3,587,598 13.87% | |||||||
Cost of revenue | 2,357,525 | 2,325,415 | 2,402,379 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,344,757 | 1,129,943 | 1,185,219 | |||||||
NOPBT Margin | 36.32% | 32.70% | 33.04% | |||||||
Operating Taxes | 215,077 | 250,365 | 286,763 | |||||||
Tax Rate | 15.99% | 22.16% | 24.19% | |||||||
NOPAT | 1,129,680 | 879,578 | 898,456 | |||||||
Net income | 1,148,892 32.48% | 867,244 -11.41% | 978,949 28.07% | |||||||
Dividends | (535,443) | (537,197) | (537,027) | |||||||
Dividend yield | 6.41% | 5.95% | 4.90% | |||||||
Proceeds from repurchase of equity | 16,875 | (73,114) | 55,904 | |||||||
BB yield | -0.20% | 0.81% | -0.51% | |||||||
Debt | ||||||||||
Debt current | 937,100 | 2,150,610 | 2,406,624 | |||||||
Long-term debt | 6,490,607 | 4,945,414 | 5,147,231 | |||||||
Deferred revenue | 12,607,686 | 170,179 | ||||||||
Other long-term liabilities | 242,176 | (8,036,878) | 2,288,743 | |||||||
Net debt | 2,360,302 | 3,061,635 | 2,815,131 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 837,280 | 737,670 | 943,590 | |||||||
CAPEX | (28,763) | (144,779) | (85,919) | |||||||
Cash from investing activities | (1,161,770) | 134,710 | 1,099,115 | |||||||
Cash from financing activities | (203,769) | (1,091,934) | (1,521,844) | |||||||
FCF | 2,992,245 | (4,891,293) | 2,642,482 | |||||||
Balance | ||||||||||
Cash | 686,852 | 1,675,504 | 2,583,880 | |||||||
Long term investments | 4,380,553 | 2,358,885 | 2,154,844 | |||||||
Excess cash | 4,882,291 | 3,861,621 | 4,559,344 | |||||||
Stockholders' equity | 6,662,482 | 10,182,412 | 10,307,098 | |||||||
Invested Capital | 11,349,043 | 13,868,386 | 11,652,522 | |||||||
ROIC | 8.96% | 6.89% | 7.65% | |||||||
ROCE | 8.07% | 6.21% | 7.08% | |||||||
EV | ||||||||||
Common stock shares outstanding | 238,418 | 238,996 | 240,019 | |||||||
Price | 35.01 -7.38% | 37.80 -17.14% | 45.62 32.19% | |||||||
Market cap | 8,347,014 -7.60% | 9,034,049 -17.49% | 10,949,667 33.14% | |||||||
EV | 10,767,262 | 16,135,817 | 17,673,137 | |||||||
EBITDA | 1,435,301 | 1,233,937 | 1,285,037 | |||||||
EV/EBITDA | 7.50 | 13.08 | 13.75 | |||||||
Interest | 266,031 | 113,768 | 113,936 | |||||||
Interest/NOPBT | 19.78% | 10.07% | 9.61% |