GWO Stock Overview
Great-West Lifeco Inc., a financial services holding company, engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe.
Great-West Lifeco Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$37.08|
|52 Week High||CA$39.73|
|52 Week Low||CA$28.79|
|1 Month Change||1.84%|
|3 Month Change||-2.88%|
|1 Year Change||21.65%|
|3 Year Change||24.64%|
|5 Year Change||6.46%|
|Change since IPO||1,725.48%|
Recent News & Updates
|GWO||CA Insurance||CA Market|
Return vs Industry: GWO exceeded the Canadian Insurance industry which returned 19.9% over the past year.
Return vs Market: GWO underperformed the Canadian Market which returned 23.7% over the past year.
|GWO Average Weekly Movement||1.7%|
|Insurance Industry Average Movement||3.4%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||3.5%|
Stable Share Price: GWO is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GWO's weekly volatility (2%) has been stable over the past year.
About the Company
Great-West Lifeco Inc., a financial services holding company, engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance products; and wealth savings and income, accumulation, and annuity products. It also provides employer-sponsored retirement savings plans, individual retirement accounts, enrollment services, communication materials, investment options, and education services; and fund management, investment, and advisory services.
Great-West Lifeco Fundamentals Summary
|GWO fundamental statistics|
Is GWO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GWO income statement (TTM)|
|Cost of Revenue||CA$51.90b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.52|
|Net Profit Margin||5.18%|
How did GWO perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Does GWO pay a reliable dividends?See GWO dividend history and benchmarks
|Great-West Lifeco dividend dates|
|Ex Dividend Date||Dec 02 2021|
|Dividend Pay Date||Dec 31 2021|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||30 days|
Does GWO pay a reliable dividends?See GWO dividend history and benchmarks
Is Great-West Lifeco undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GWO (CA$37.08) is trading below our estimate of fair value (CA$85.44)
Significantly Below Fair Value: GWO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GWO is poor value based on its PE Ratio (10.5x) compared to the Canadian Insurance industry average (9.6x).
PE vs Market: GWO is good value based on its PE Ratio (10.5x) compared to the Canadian market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: GWO is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: GWO is overvalued based on its PB Ratio (1.4x) compared to the CA Insurance industry average (1.3x).
How is Great-West Lifeco forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GWO's forecast earnings growth (9% per year) is above the savings rate (1.6%).
Earnings vs Market: GWO's earnings (9% per year) are forecast to grow slower than the Canadian market (10.5% per year).
High Growth Earnings: GWO's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if GWO's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if GWO's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GWO's Return on Equity is forecast to be low in 3 years time (15.2%).
How has Great-West Lifeco performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GWO has high quality earnings.
Growing Profit Margin: GWO's current net profit margins (5.2%) are higher than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: GWO's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: GWO's earnings growth over the past year (28.7%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: GWO earnings growth over the past year (28.7%) underperformed the Insurance industry 60.9%.
Return on Equity
High ROE: GWO's Return on Equity (12.4%) is considered low.
How is Great-West Lifeco's financial position?
Financial Position Analysis
Short Term Liabilities: GWO's short term assets (CA$151.6B) exceed its short term liabilities (CA$6.2B).
Long Term Liabilities: GWO's short term assets (CA$151.6B) do not cover its long term liabilities (CA$578.5B).
Debt to Equity History and Analysis
Debt Level: GWO has more cash than its total debt.
Reducing Debt: GWO's debt to equity ratio has increased from 21.8% to 29% over the past 5 years.
Debt Coverage: GWO's debt is well covered by operating cash flow (119%).
Interest Coverage: GWO's interest payments on its debt are well covered by EBIT (14.7x coverage).
What is Great-West Lifeco current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GWO's dividend (5.29%) is higher than the bottom 25% of dividend payers in the Canadian market (1.57%).
High Dividend: GWO's dividend (5.29%) is in the top 25% of dividend payers in the Canadian market (4.6%)
Stability and Growth of Payments
Stable Dividend: GWO's dividends per share have been stable in the past 10 years.
Growing Dividend: GWO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.7%), GWO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GWO's dividends in 3 years are forecast to be covered by earnings (55.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Mahon (57 yo)
Mr. Paul Anthony Mahon had been the Chief Executive Officer and President of London Life Insurance Company, Canada Life Financial Corporation, Great-West Lifeco Inc. and Canada Life Limited since May 3, 20...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD6.15M) is about average for companies of similar size in the Canadian market ($USD5.54M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Experienced Management: GWO's management team is considered experienced (4.4 years average tenure).
Experienced Board: GWO's board of directors are considered experienced (8.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GWO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Great-West Lifeco Inc.'s employee growth, exchange listings and data sources
- Name: Great-West Lifeco Inc.
- Ticker: GWO
- Exchange: TSX
- Founded: 1891
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: CA$34.847b
- Shares outstanding: 930.50m
- Website: https://www.greatwestlifeco.com
Number of Employees
- Great-West Lifeco Inc.
- 100 Osborne Street North
- R3C 1V3
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 00:00|
|End of Day Share Price||2021/11/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.