Valuation Manulife Financial Corporation

Equities

Market Closed - Toronto S.E. Other stock markets 02:30:00 14/02/2026 am IST			5-day change	1st Jan Change
50.07 ^CAD	+2.81%		-3.66%	+0.46%

06/02	Diary-Canada corporate earnings week ahead	RE
29/01	Manulife Canada Delivers Faster Life Insurance Approvals with AI Integration and Enhanced Digital Application	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	46,837	45,278	52,881	76,341	83,591	83,955	-	-
Change	-	-3.33%	16.79%	44.36%	9.5%	0.44%	-	-
Enterprise Value (EV)	46,837	32,359	45,281	76,341	83,591	83,955	83,955	83,955
Change	-	-30.91%	39.93%	68.59%	9.5%	0.44%	0%	0%
P/E ratio	6.81x	6.56x	11.2x	15.5x	16.2x	11.3x	10x	9.97x
PBR	0.9x	0.91x	1.31x	1.72x	-	1.75x	1.6x	1.22x
PEG	-	1.66x	-0.4x	1.76x	2x	0.3x	0.8x	15.61x
Capitalization / Revenue	0.76x	2.64x	1.08x	1.43x	1.37x	1.48x	1.61x	1.34x
EV / Revenue	0x	0x	0x	0x	0x	1.48x	1.61x	1.34x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	1.12	1.32	1.46	1.6	-	1.926	2.012	1.82
Rate of return	4.65%	5.47%	4.99%	3.62%	-	3.85%	4.02%	3.63%
EPS ²	3.54	3.68	2.61	2.84	3.07	4.437	4.988	5.02
Distribution rate	31.6%	35.9%	55.9%	56.3%	-	43.4%	40.3%	36.3%
Net sales ¹	61,821	17,147	48,739	53,291	60,964	56,641	52,185	62,434
EBITDA	-	-	-	-	-	-	-	-
EBIT	9,553	10,541	8,006	-	-	-	-	-
Net income ¹	6,890	7,294	5,103	5,385	5,251	7,213	7,986	8,763
Net Debt	-	-12,919	-7,600	-	-	-	-	-
Reference price ²	24.11	24.15	29.28	44.16	49.84	50.07	50.07	50.07
Nbr of stocks (in thousands)	19,42,637	18,74,847	18,06,039	17,28,735	16,77,181	16,76,743	-	-
Announcement Date	09/02/22	15/02/23	14/02/24	19/02/25	11/02/26	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MANULIFE FINANCIAL CORPORATION	11.28x	-	-	3.85%	6.16TCr
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	8.27x	5.26x	-	4.2%	17TCr
AXA	8.44x	0.83x	-	6.2%	8.91TCr
GENERALI	12.59x	0.94x	-	4.52%	6.21TCr
AFLAC INCORPORATED	19.62x	2.98x	-	2.02%	5.96TCr
CHINA PACIFIC INSURANCE (GROUP) CO., LTD.	8.07x	0.96x	-	2.79%	5.57TCr
METLIFE, INC.	13.4x	-	-	2.91%	5.07TCr
GREAT-WEST LIFECO INC.	11.84x	-	-	4.26%	4.1TCr
SUN LIFE FINANCIAL INC.	12.41x	-	-	4.09%	3.82TCr
CATHAY FINANCIAL HOLDING CO., LTD.	12.24x	-	-	3.92%	3.68TCr
Average	11.82x	2.19x		3.87%	6.63TCr
Weighted average by Cap.	11.05x	2.87x		4.03%