Definity Financial Corp
TSX:DFY

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Definity Financial Corp
TSX:DFY
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Price: 58.34 CAD 0.5% Market Closed
Market Cap: 6.8B CAD
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Definity Financial Corp
Total Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Definity Financial Corp
Total Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Definity Financial Corp
TSX:DFY
Total Current Assets
CA$35.1m
CAGR 3-Years
39%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Trisura Group Ltd
TSX:TSU
Total Current Assets
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Intact Financial Corp
TSX:IFC
Total Current Assets
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fairfax Financial Holdings Ltd
TSX:FFH
Total Current Assets
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Composite Alliance Group Inc
XTSX:CAG
Total Current Assets
CA$7.2m
CAGR 3-Years
-6%
CAGR 5-Years
-3%
CAGR 10-Years
26%
No Stocks Found

Definity Financial Corp
Glance View

Market Cap
6.7B CAD
Industry
Insurance

Definity Financial Corp., a notable name in the realm of Canadian insurance, commands attention with its calculated evolution from a regional player to a significant force in the industry. Its roots stem from the century-old Economical Mutual Insurance Company, an entity well-versed in navigating the fluctuating tides of the insurance sector. The turning point for Definity came through its demutualization process, a strategic transformation where it transitioned from a mutual company owned by its policyholders to a publicly traded entity. This move marked a bold step toward broadening its financial horizons and enhancing its strategic capabilities. Definity’s operational strategy revolves around offering a rich tapestry of personal and commercial insurance products, ranging from home, auto, and property insurance to specialized services catering to businesses. Through this comprehensive approach, Definity has adeptly built a diversified portfolio, tapping into various customer segments and ensuring steady revenue streams. The way Definity makes money is a textbook example of the insurance business model: collecting premiums, investing them wisely, and skillfully managing claims. It thrives on its ability to underwrite risk accurately, setting premiums at levels that align with their clients’ risk profiles. This aptitude is complemented by disciplined expense management and a strategic investment portfolio designed to generate returns that contribute significantly to its profit margins. As claims fluctuate, Definity’s robust reserve management and reinsurance strategies buffer against exposures, ensuring that the firm can meet its obligations while maintaining profitability. By fusing traditional insurance practices with modern data analytics and digital customer engagement, Definity not only safeguards its current operations but also positions itself for sustainable growth in an increasingly competitive marketplace.

DFY Intrinsic Value
54.97 CAD
Overvaluation 6%
Intrinsic Value
Price

See Also

What is Definity Financial Corp's Total Current Assets?
Total Current Assets
35.1m CAD

Based on the financial report for Dec 31, 2023, Definity Financial Corp's Total Current Assets amounts to 35.1m CAD.

What is Definity Financial Corp's Total Current Assets growth rate?
Total Current Assets CAGR 3Y
39%

Over the last year, the Total Current Assets growth was 18%. The average annual Total Current Assets growth rates for Definity Financial Corp have been 39% over the past three years .

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