IGM Financial Inc
TSX:IGM

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IGM Financial Inc
TSX:IGM
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Price: 47.05 CAD -0.3% Market Closed
Market Cap: 11.1B CAD
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Gross Margin
IGM Financial Inc

58.5%
Current
58%
Average
65.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
58.5%
=
Gross Profit
1.9B
/
Revenue
3.3B

Gross Margin Across Competitors

Country CA
Market Cap 11.1B CAD
Gross Margin
58%
Country US
Market Cap 241.4B USD
Gross Margin
0%
Country US
Market Cap 153.6B USD
Gross Margin
81%
Country US
Market Cap 140.8B USD
Gross Margin
37%
Country CA
Market Cap 87.9B USD
Gross Margin
19%
Country ZA
Market Cap 68.6B Zac
Gross Margin
84%
Country LU
Market Cap 66.4B Zac
Gross Margin N/A
Country US
Market Cap 58.3B USD
Gross Margin
0%
Country US
Market Cap 55.6B USD
Gross Margin
50%
Country MU
Market Cap 48.5B Zac
Gross Margin
89%
Country UK
Market Cap 34.7B GBP
Gross Margin
99%
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IGM Financial Inc
Glance View

Market Cap
11.1B CAD
Industry
Financial Services

IGM Financial Inc. is a prominent Canadian financial services company that operates through a diversified portfolio of wealth management solutions. Founded in 2001, it has established itself as a leading player in the investment landscape, primarily through its flagship subsidiary, Investors Group. This division offers a comprehensive suite of financial products and services, including mutual funds, retirement planning, and investment advisory services, designed to cater to the unique needs of individual and institutional clients. With a firm belief in putting clients' interests first, IGM emphasizes a relationship-driven approach, fostering long-term connections and trust that help clients navigate the complexities of financial planning. As of 2023, IGM Financial has demonstrated robust growth and resilience in the face of evolving market dynamics. The company boasts a strong track record of profitability and strategic expansion, capitalizing on the growing demand for financial advice in Canada. It is part of the Power Corporation of Canada group of companies, benefiting from shared resources and leadership that drive innovation and competitive advantages. With its commitment to sustainable practices and a focus on digital transformation, IGM Financial is well-positioned to meet future challenges. Investors looking for opportunities in the financial services sector may find IGM an appealing choice, given its established brand, comprehensive service offerings, and potential for continued growth in a shifting economic environment.

IGM Intrinsic Value
59.74 CAD
Undervaluation 21%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
58.5%
=
Gross Profit
1.9B
/
Revenue
3.3B
What is the Gross Margin of IGM Financial Inc?

Based on IGM Financial Inc's most recent financial statements, the company has Gross Margin of 58.5%.