Manulife Financial Corp
TSX:MFC

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Manulife Financial Corp Logo
Manulife Financial Corp
TSX:MFC
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Price: 41.93 CAD 0.19% Market Closed
Market Cap: 72B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MFC stock under the Base Case scenario is 53.6 CAD. Compared to the current market price of 41.93 CAD, Manulife Financial Corp is Undervalued by 22%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MFC Relative Value
Base Case
53.6 CAD
Undervaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.9
P/S
P/S
Price to Sales
1.9
vs History
14
vs Industry
20
Median 3Y
1.7
Median 5Y
1.1
Industry
1.1
Forward
1.7
More Details
14.3
P/E
P/E
Price to Earnings
14.3
vs History
23
vs Industry
29
Median 3Y
13.7
Median 5Y
9.1
Industry
12.5
Forward
10.1
More Details
1.4
P/B
P/B
Price to Book Value
1.4
vs History
9
vs Industry
44
Median 3Y
1
Median 5Y
0.9
Industry
1.4
More Details
2.2
Price/Premiums
Price/Premiums
Price to Premiums
2.2
vs History
9
vs Industry
19
Median 3Y
1.7
Median 5Y
1.2
Industry
1.2
More Details

Multiples Across Competitors

MFC Competitors Multiples
Manulife Financial Corp Competitors

All Multiples
P/S
P/E
P/B
Market Cap P/S P/E P/B
CA
Manulife Financial Corp
TSX:MFC
72.5B CAD 1.9 14.3 1.4
ZA
Sanlam Ltd
JSE:SLM
168.5B Zac 0 0 0
ZA
Discovery Ltd
JSE:DSY
133.6B Zac 0 0 0
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
929.5B CNY 1.1 7.3 1
ZA
OUTsurance Group Ltd
JSE:OUT
111.9B Zac 0 0 0
CN
China Life Insurance Co Ltd
SSE:601628
760.1B CNY 2.4 7.1 1.5
HK
AIA Group Ltd
HKEX:1299
594.1B HKD 3.4 11.2 1.9
US
Aflac Inc
NYSE:AFL
59.3B USD 3.1 10.9 2.3
IN
Life Insurance Corporation Of India
NSE:LICI
5T INR 0.6 11.6 5.1
ZA
Old Mutual Ltd
JSE:OMU
54.6B Zac 0 0 0
US
MetLife Inc
NYSE:MET
51.7B USD 0.7 12.2 1.9
P/S Multiple
Revenue Growth P/S to Growth
CA
Manulife Financial Corp
TSX:MFC
Average P/S: 1.9
1.9
9%
0.2
ZA
S
Sanlam Ltd
JSE:SLM
Not Available N/A N/A
ZA
D
Discovery Ltd
JSE:DSY
Not Available
-13%
N/A
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
1.1
-7%
N/A
ZA
O
OUTsurance Group Ltd
JSE:OUT
Not Available
-36%
N/A
CN
China Life Insurance Co Ltd
SSE:601628
2.4
36%
0.1
HK
AIA Group Ltd
HKEX:1299
3.4
1%
3.4
US
Aflac Inc
NYSE:AFL
3.1
-2%
N/A
IN
Life Insurance Corporation Of India
NSE:LICI
0.6
8%
0.1
ZA
O
Old Mutual Ltd
JSE:OMU
Not Available N/A N/A
US
MetLife Inc
NYSE:MET
0.7
5%
0.1
P/E Multiple
Earnings Growth PEG
CA
Manulife Financial Corp
TSX:MFC
Average P/E: 10.7
14.3
17%
0.8
ZA
S
Sanlam Ltd
JSE:SLM
Not Available
-1%
N/A
ZA
D
Discovery Ltd
JSE:DSY
Not Available
23%
N/A
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
7.3
9%
0.8
ZA
O
OUTsurance Group Ltd
JSE:OUT
Not Available
11%
N/A
CN
China Life Insurance Co Ltd
SSE:601628
7.1
-9%
N/A
HK
AIA Group Ltd
HKEX:1299
11.2
10%
1.1
US
Aflac Inc
NYSE:AFL
10.9
-9%
N/A
IN
Life Insurance Corporation Of India
NSE:LICI
11.6
10%
1.2
ZA
O
Old Mutual Ltd
JSE:OMU
Not Available
5%
N/A
US
MetLife Inc
NYSE:MET
12.2
23%
0.5

See Also

Summary
MFC intrinsic value, competitors valuation, and company profile.
DCF Valuation
MFC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MFC stock valuation using valuation multiples.
Wall Street Estimates
MFC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MFC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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