Sun Life Financial reported solid second-quarter numbers. Underlying earnings per share came in at CAD 2.02 per share, up 12.8% compared with the year-ago period and above the firm’s medium-term target of 10%.
Sun Life has a dominant market position in many segments in the Canadian market and generates decent returns.
Sun Life could suffer from higher credit costs in the current private credit cycle, which will decrease the firm's profitability.
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Metric
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SLF
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MET
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MFC
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|---|---|---|---|
Price/Earnings (Normalized) | 14.55 | 10.43 | 14.33 |
Price/Book Value | 2.63 | 2.27 | 2.25 |
Price/Sales | 1.55 | 0.83 | 1.80 |
Price/Cash Flow | — | 4.13 | — |
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Metric
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SLF
|
MET
|
MFC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 9.18 | 5.51 | 6.67 |
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Metric
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SLF
|
MET
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MFC
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|---|---|---|---|
Return on Assets (Normalized) | 1.08% | 0.50% | 0.75% |
Return on Equity (Normalized) | 18.26% | 13.09% | 17.17% |
Return on Invested Capital (Normalized) | 13.02% | 6.73% | 9.88% |
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1-Day Chart
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Price
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Morningstar Rating for Stocks
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Market Cap
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