Intact Financial Corporation

TSX:IFC Stock Report

Market Cap: CA$45.4b

Intact Financial Valuation

Is IFC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IFC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IFC (CA$255) is trading below our estimate of fair value (CA$420.55)

Significantly Below Fair Value: IFC is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IFC?

Other financial metrics that can be useful for relative valuation.

IFC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA14.2x
PEG Ratio3x

Price to Earnings Ratio vs Peers

How does IFC's PE Ratio compare to its peers?

The above table shows the PE ratio for IFC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.3x
FFH Fairfax Financial Holdings
6.7x-15.3%CA$36.5b
DFY Definity Financial
15x3.8%CA$5.8b
TSU Trisura Group
21.4x36.3%CA$1.9b
SLF Sun Life Financial
14.2x9.3%CA$43.3b
IFC Intact Financial
22.5x7.5%CA$45.4b

Price-To-Earnings vs Peers: IFC is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the peer average (14.3x).

Price to Earnings Ratio vs Industry

How does IFC's PE Ratio compare vs other companies in the North American Insurance Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a5.9%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a5.9%
 n/an/an/a
No more companies

Price-To-Earnings vs Industry: IFC is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the North American Insurance industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is IFC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IFC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.5x
Fair PE Ratio13.8x

Price-To-Earnings vs Fair Ratio: IFC is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the estimated Fair Price-To-Earnings Ratio (13.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IFC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$255.00
CA$266.29
+4.4%
4.8%CA$292.00CA$245.00n/a14
Sep ’25CA$253.63
CA$266.29
+5.0%
4.8%CA$292.00CA$245.00n/a14
Aug ’25CA$245.02
CA$264.13
+7.8%
5.3%CA$285.00CA$240.00n/a15
Jul ’25CA$228.01
CA$250.80
+10.0%
4.0%CA$271.00CA$232.00n/a15
Jun ’25CA$228.04
CA$251.00
+10.1%
3.9%CA$271.00CA$232.00n/a16
May ’25CA$228.87
CA$242.38
+5.9%
5.1%CA$273.00CA$221.00n/a16
Apr ’25CA$219.50
CA$238.81
+8.8%
4.1%CA$256.00CA$221.00n/a16
Mar ’25CA$227.52
CA$237.88
+4.6%
3.9%CA$256.00CA$221.00n/a16
Feb ’25CA$211.18
CA$226.07
+7.0%
4.4%CA$252.00CA$211.00n/a15
Jan ’25CA$203.86
CA$225.80
+10.8%
3.5%CA$240.00CA$211.00n/a15
Dec ’24CA$210.80
CA$225.47
+7.0%
3.3%CA$235.00CA$211.00n/a15
Nov ’24CA$199.35
CA$220.29
+10.5%
4.8%CA$234.00CA$194.00n/a14
Oct ’24CA$198.02
CA$218.43
+10.3%
4.7%CA$230.00CA$199.00n/a14
Sep ’24CA$193.99
CA$217.73
+12.2%
4.6%CA$230.00CA$199.00CA$253.6315
Aug ’24CA$194.10
CA$217.53
+12.1%
6.4%CA$235.00CA$176.00CA$245.0215
Jul ’24CA$204.54
CA$220.07
+7.6%
4.9%CA$235.00CA$193.00CA$228.0115
Jun ’24CA$197.44
CA$221.50
+12.2%
4.4%CA$235.00CA$193.00CA$228.0414
May ’24CA$206.17
CA$223.62
+8.5%
4.5%CA$240.00CA$200.00CA$228.8713
Apr ’24CA$193.42
CA$220.00
+13.7%
6.8%CA$240.00CA$182.00CA$219.5013
Mar ’24CA$196.72
CA$220.00
+11.8%
6.8%CA$240.00CA$182.00CA$227.5213
Feb ’24CA$193.27
CA$222.77
+15.3%
6.0%CA$238.00CA$187.00CA$211.1813
Jan ’24CA$194.91
CA$220.92
+13.3%
6.0%CA$238.00CA$184.00CA$203.8613
Dec ’23CA$201.94
CA$220.93
+9.4%
5.8%CA$238.00CA$184.00CA$210.8014
Nov ’23CA$207.68
CA$216.21
+4.1%
6.6%CA$230.00CA$174.00CA$199.3514
Oct ’23CA$195.49
CA$214.14
+9.5%
7.0%CA$230.00CA$174.00CA$198.0214
Sep ’23CA$189.07
CA$213.07
+12.7%
6.8%CA$230.00CA$174.00CA$193.9914

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y