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 85% 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.
Great-West Lifeco produces the best return and most stable returns among the large Canadian life insurers, driven by its solid underwriting and expense discipline.
Severe market corrections could dampen the profitability of both Great-West and IGM Financial.
|
Metric
|
POW
|
SLF
|
MFC
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.82 | 13.89 | 13.28 |
Price/Book Value | 3.84 | 2.51 | 2.16 |
Price/Sales | 1.78 | 1.48 | 1.72 |
Price/Cash Flow | 40.34 | — | — |
|
Metric
|
POW
|
SLF
|
MFC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 8.42 | 9.18 | 6.67 |
|
Metric
|
POW
|
SLF
|
MFC
|
|---|---|---|---|
Return on Assets (Normalized) | 0.50% | 1.08% | 0.75% |
Return on Equity (Normalized) | 32.79% | 18.26% | 17.17% |
Return on Invested Capital (Normalized) | 6.23% | 13.02% | 9.88% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| China Life Insurance Co Ltd Class H
CILJF
| — | LOCK|>rZ | $141B | |||
| Ping An Insurance (Group) Co. of China Ltd ADR
PNGAY
| — | LOCK|p< | $135B | |||
| Ping An Insurance (Group) Co. of China Ltd Class H
PIAIF
| LOCK|#&?tsZ@ | LOCK|FRP | $135B | |||
| AIA Group Ltd ADR
AAGIY
| — | LOCK|C$ | $97B | |||
| AIA Group Ltd
AAIGF
| — | LOCK|#% | $97B | |||
| Manulife Financial Corp
MFC
| LOCK|T^>>&R% | LOCK|!ZQ | $71B | |||
| MetLife Inc
MET
| LOCK|<q>Gy$t | LOCK|#% | $60B | |||
| Aflac Inc
AFL
| LOCK|Vv@VT! | LOCK|$T<!# | $56B | |||
| Prudential Financial Inc
PRU
| LOCK|%?&zkK | LOCK|$D% | $39B | |||
| Prudential PLC ADR
PUK
| LOCK|XRfDY$n | LOCK|@B | $30B |
United States