Sun Life Financial is one of the Big Three Canadian life insurers that collectively represent about 80% of the nation’s life insurance premiums. The firm’s strategic priorities include investing in digital capabilities, expanding its alternative-asset management business (Sun Life Capital Management), increasing its health benefits market share and service offerings, and accelerating its Asian growth.
Sun Life has a dominant position in many segments of the Canadian market and generates decent returns.
Sun Life could suffer from higher credit costs in the current private credit cycle, which would decrease profitability.
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Metric
|
SLF
|
MFC
|
MET
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.29 | 13.28 | 9.66 |
Price/Book Value | 2.51 | 2.16 | 2.19 |
Price/Sales | 1.52 | 1.72 | 0.80 |
Price/Cash Flow | — | — | 3.99 |
|
Metric
|
SLF
|
MFC
|
MET
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 9.18 | 6.67 | 5.51 |
|
Metric
|
SLF
|
MFC
|
MET
|
|---|---|---|---|
Return on Assets (Normalized) | 1.08% | 0.75% | 0.50% |
Return on Equity (Normalized) | 18.26% | 17.17% | 13.09% |
Return on Invested Capital (Normalized) | 13.02% | 9.88% | 6.73% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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| LOCK|Gv$%$?< | LOCK|c>w | $43B | |||
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United States