IA Financial Financials

IAG Stock  CAD 131.95  2.38  1.77%   
We strongly advise to harness iA Financial fundamental analysis to see if markets are at this moment undervaluing or overvaluing the company. Strictly speaking, you can make use of it to find out if iA Financial is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze and collect data for thirty-six available financial indicators for IA Financial, which can be compared to its peers in the sector. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of IA Financial to be traded at C$127.99 in 90 days. Key indicators impacting IA Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.10.0995
Slightly Up
Slightly volatile
Return On Assets0.01120.0084
Significantly Up
Slightly volatile
Return On Equity0.120.1121
Notably Up
Slightly volatile
Debt Equity Ratio0.240.2502
Sufficiently Down
Very volatile
Current Ratio1.92.0
Notably Down
Slightly volatile
  
Understanding current and past IA Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IA Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in IA Financial's assets may result in an increase in income on the income statement.

IA Financial Stock Summary

IA Financial competes with Walmart, Amazon CDR, UPS CDR, HOME DEPOT, and UnitedHealth Group. iA Financial Corporation Inc., through its subsidiary, Industrial Alliance Insurance and Financial Services Inc., provides various life and health insurance products in Canada and the United States. The company was founded in 1892 and is headquartered in Qubec, Canada. IA FINANCIAL operates under InsuranceDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 7000 people.
Foreign Associate
  USA
Specialization
Financial Services, Insurance - Diversified
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA45075E1043
Business Address1080 Grande AllEe
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websiteia.ca
Phone418 684 5000
CurrencyCAD - Canadian Dollar
You should never invest in IA Financial without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of IAG Stock, because this is throwing your money away. Analyzing the key information contained in IA Financial's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

IA Financial Key Financial Ratios

IA Financial's financial ratios allow both analysts and investors to convert raw data from IA Financial's financial statements into concise, actionable information that can be used to evaluate the performance of IA Financial over time and compare it to other companies across industries.

IA Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Retained Earnings3.8B4.2B5.0B5.3B5.1B5.3B
Total Assets73.1B86.5B94.7B87.4B91.5B96.1B
Other Current Liab(1.2B)(1.5B)(2.0B)(1.9B)(3.5B)(3.3B)
Net Debt460M(284M)100M708M1.0B1.1B
Accounts Payable1.2B1.5B2.0B1.9B1.4B802.0M
Net Receivables1.4B1.6B1.8B1.9B1.6B948.2M
Good Will606M1.2B1.3B1.3B1.5B1.6B
Inventory(2.6B)(34.0B)(33.9B)(3.3B)(2.9B)(3.1B)
Other Current Assets2.6B34.0B33.9B3.3B3.5B3.3B
Total Liab67.0B80.0B87.4B80.3B84.5B88.7B
Total Current Assets2.5B3.6B3.4B3.3B3.5B2.3B
Short Term Debt302M328M367M240M730M0.0
Common Stock1.7B1.7B1.7B1.7B1.6B1.2B
Cash801M1.9B1.5B1.4B840M750.1M
Other Assets37.7B44.3B51.2B49.4B56.8B59.7B
Intangible Assets1.1B1.6B1.7B1.8B1.8B1.9B
Other Liab59.7B70.8B77.3B68.8B79.2B60.3B
Net Tangible Assets3.9B3.1B3.7B3.5B4.0B3.6B
Long Term Debt652M1.5B1.5B1.5B1.8B1.4B

IA Financial Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue15.3B17.7B15.5B6.5B11.2B7.9B
Gross Profit15.3B17.7B15.5B6.5B11.2B7.9B
Operating Income(992M)(1.2B)(1.2B)1.0B1.1B1.1B
Ebitda(782M)(939M)(769M)1.5B470M279.0M
Net Income699M632M859M800M789M828.5M
Income Tax Expense188M130M259M156M212M148.4M
Ebit955M(908M)(1.1B)(968M)1.1B0.0
Income Before Tax887M762M1.1B956M1.0B501.6M
Tax Provision188M130M259M156M212M178.6M
Interest Income3.2B1.2B1.5B8.8B408M387.6M
Net Interest Income(63M)(59M)(73M)(97M)(66M)(69.3M)

IA Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash62M841M(403M)(188M)20M19M
Free Cash Flow268M1.7B(63M)326M3.9B4.1B
Other Non Cash Items(5.4B)(4.2B)(1.2B)5.6B536M562.8M
Dividends Paid210M230M246M304M328M344.4M
Net Income887M762M1.1B956M789M462.9M
End Period Cash Flow1.1B1.9B1.5B1.4B840M763.3M
Depreciation210M287M415M503M470M493.5M
Net Borrowings133M379M(22M)29M33.4M58.6M
Change To Netincome(5.2B)(4.1B)(900M)5.8B6.6B7.0B
Investments(156M)(1.1B)(294M)(287M)(317M)(332.9M)

IAG Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IA Financial's current stock value. Our valuation model uses many indicators to compare IA Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IA Financial competition to find correlations between indicators driving IA Financial's intrinsic value. More Info.
iA Financial is currently regarded as number one stock in return on equity category among its peers. It is rated fourth overall in return on asset category among its peers reporting about  0.06  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for iA Financial is roughly  15.74 . At this time, IA Financial's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value IA Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IA Financial's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

iA Financial Systematic Risk

IA Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IA Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on iA Financial correlated with the market. If Beta is less than 0 IA Financial generally moves in the opposite direction as compared to the market. If IA Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iA Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IA Financial is generally in the same direction as the market. If Beta > 1 IA Financial moves generally in the same direction as, but more than the movement of the benchmark.

iA Financial Total Stockholder Equity Over Time

IA Financial Thematic Clasifications

iA Financial is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
BanksView
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
Today, most investors in IA Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IA Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of IA Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(83.76)

At this time, IA Financial's Price Earnings To Growth Ratio is very stable compared to the past year.

IA Financial November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of IA Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iA Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of iA Financial based on widely used predictive technical indicators. In general, we focus on analyzing IAG Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IA Financial's daily price indicators and compare them against related drivers.

Other Information on Investing in IAG Stock

IA Financial financial ratios help investors to determine whether IAG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IAG with respect to the benefits of owning IA Financial security.