IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management subsidiary)—that provide investment management products and services. IGM had CAD 215.3 billion in assets under management, or AUM, and CAD 35.0 billion in assets under advisement, or AUA, at the end of October 2023. Investment Planning Counsel is now being accounted for as a discontinued operation, having been sold earlier this year, with the deal closed in November 2023.

Financial Strength

5/10

Name	Current	Vs Industry
Cash-To-Debt	0.17
Equity-to-Asset	0.36
Debt-to-Equity	1.09
Debt-to-EBITDA	5.73
Interest Coverage	8.1
Piotroski F-Score	4/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	1.61	Distress Grey Safe
Beneish M-Score	-2.38	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

4/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	0.4
	3-Year EBITDA Growth Rate	8.1
	3-Year EPS without NRI Growth Rate	4.3
	3-Year FCF Growth Rate	2.8
	3-Year Book Growth Rate	10.1
	Future 3-5Y Total Revenue Growth Rate	0.9

Momentum Rank

5/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	34.62
	9-Day RSI	33.04
	14-Day RSI	34.77
	6-1 Month Momentum %	8.53
	12-1 Month Momentum %	-17.38

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	3.46
	Quick Ratio	3.46
	Cash Ratio	0.43
	Days Sales Outstanding	39.73
	Days Payable	99.52

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	6.89
	Dividend Payout Ratio	0.47
	3-Year Dividend Growth Rate	-9.1
	Forward Dividend Yield %	6.82
	5-Year Yield-on-Cost %	5.62
	Shareholder Yield %	1.45

Profitability Rank

7/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	48.65
	Operating Margin %	31.32
	Net Margin %	36.06
	FCF Margin %	21.52
	ROE %	18.2
	ROA %	6.04
	ROIC %	4.66
	ROC (Joel Greenblatt) %	30
	ROCE %	7.85
	Years of Profitability over Past 10-Year	10

GF Value Rank

9/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	6.8
	Forward PE Ratio	9.04
	PE Ratio without NRI	9.08
	Shiller PE Ratio	8.55
	Price-to-Owner-Earnings	6.88
	PEG Ratio	1.78
	PS Ratio	2.51
	PB Ratio	1.2
	Price-to-Tangible-Book	2.87
	Price-to-Free-Cash-Flow	11.7
	Price-to-Operating-Cash-Flow	9.53
	EV-to-EBIT	10.76
	EV-to-Forward-EBIT	11.66
	EV-to-EBITDA	10.76
	EV-to-Forward-EBITDA	10.91
	EV-to-Revenue	4.27
	EV-to-Forward-Revenue	4.36
	EV-to-FCF	20.55
	Price-to-Projected-FCF	0.67
	Price-to-DCF (Earnings Based)	0.73
	Price-to-DCF (FCF Based)	0.91
	Price-to-Median-PS-Value	0.82
	Price-to-Peter-Lynch-Fair-Value	1.58
	Price-to-Graham-Number	1.09
	Earnings Yield (Greenblatt) %	9.29
	FCF Yield %	8.85
	Forward Rate of Return (Yacktman) %	14.33

Financials (Next Earnings Date:2024-05-02)

Annual Quarterly TTM

IGIFF's 30-Y Financials

AAPL

Income Statement Breakdown

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Gurus Latest Trades with OTCPK:IGIFF

No Available Data

Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

IGM Financial Inc Executives

Details

GF Value: $30.23

IGIFF

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 3 Severe warning signs with IGIFF. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil $)	2,364.38
	EPS (TTM) ($)	3.568
	Beta	1.16
	Volatility %	26.99
	14-Day RSI	34.77
	14-Day ATR ($)	0.263647
	20-Day SMA ($)	25.10725
	12-1 Month Momentum %	-17.38
	52-Week Range ($)	22.135 - 31.5575
	Shares Outstanding (Mil)	238.14

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	4
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

IGM Financial Inc Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

IGM Financial Inc Stock Events

Financials Calendars

	Event	Date	Price($)
No Event Data

IGM Financial Inc Frequently Asked Questions

What is IGM Financial Inc(IGIFF)'s stock price today?

The current price of IGIFF is $24.27. The 52 week high of IGIFF is $31.56 and 52 week low is $22.14.

When is next earnings date of IGM Financial Inc(IGIFF)?

The next earnings date of IGM Financial Inc(IGIFF) is 2024-05-02.

Does IGM Financial Inc(IGIFF) pay dividends? If so, how much?

The Dividend Yield % of IGM Financial Inc(IGIFF) is 6.89% (As of Today), Highest Dividend Payout Ratio of IGM Financial Inc(IGIFF) was 0.73. The lowest was 0.46. And the median was 0.7. The Forward Dividend Yield % of IGM Financial Inc(IGIFF) is 6.82%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

Headlines

No news.

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