Power Corporation of Canada Shs Subord.Voting
POW: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xBK | LOCK|^DS | LOCK|c@M%W< |
Power Corp. of Canada Derives Majority of Its Value From Great-West and IGM Financial
Business Strategy and Outlook
Power Corp. of Canada is a holding company that focuses on the financial-services sector. We estimate that its stake in two publicly listed companies, Great-West Lifeco and IGM Financial, accounts for more than 80% of its total value. The firm simplified its ownership structure and cut corporate costs after it acquired all the shares of Power Financial in a 2020 restructuring.
