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
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Definity Financial Corp
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Definity Financial Corp
TSX:DFY
Pre-Tax Income
CA$467.2m
CAGR 3-Years
33%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Trisura Group Ltd
TSX:TSU
Pre-Tax Income
CA$148.1m
CAGR 3-Years
22%
CAGR 5-Years
79%
CAGR 10-Years
N/A
Intact Financial Corp
TSX:IFC
Pre-Tax Income
CA$2.8B
CAGR 3-Years
9%
CAGR 5-Years
26%
CAGR 10-Years
13%
Fairfax Financial Holdings Ltd
TSX:FFH
Pre-Tax Income
$5.7B
CAGR 3-Years
8%
CAGR 5-Years
35%
CAGR 10-Years
10%
Composite Alliance Group Inc
XTSX:CAG
Pre-Tax Income
-CA$1.8m
CAGR 3-Years
-35%
CAGR 5-Years
18%
CAGR 10-Years
-13%
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 Pre-Tax Income?
Pre-Tax Income
467.2m CAD

Based on the financial report for Dec 31, 2023, Definity Financial Corp's Pre-Tax Income amounts to 467.2m CAD.

What is Definity Financial Corp's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 3Y
33%

Over the last year, the Pre-Tax Income growth was 311%. The average annual Pre-Tax Income growth rates for Definity Financial Corp have been 33% over the past three years .

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