Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. More Details
Established dividend payer with adequate balance sheet.
Share Price & News
How has Sun Life Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SLF is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: SLF's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SLF underperformed the Canadian Insurance industry which returned 45% over the past year.
Return vs Market: SLF exceeded the Canadian Market which returned 38.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sun Life Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StDo Its Financials Have Any Role To Play In Driving Sun Life Financial Inc.'s (TSE:SLF) Stock Up Recently?
1 month ago | Simply Wall StHow Many Sun Life Financial Inc. (TSE:SLF) Shares Did Insiders Buy, In The Last Year?
1 month ago | Simply Wall StSun Life Financial Inc. (TSE:SLF) Stock Goes Ex-Dividend In Just Four Days
Is Sun Life Financial 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: SLF (CA$65.36) is trading below our estimate of fair value (CA$118.85)
Significantly Below Fair Value: SLF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SLF is poor value based on its PE Ratio (15.9x) compared to the CA Insurance industry average (11.6x).
PE vs Market: SLF is good value based on its PE Ratio (15.9x) compared to the Canadian market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: SLF is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SLF is overvalued based on its PB Ratio (1.6x) compared to the CA Insurance industry average (1.1x).
How is Sun Life Financial forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SLF's forecast earnings growth (12.7% per year) is above the savings rate (1.5%).
Earnings vs Market: SLF's earnings (12.7% per year) are forecast to grow slower than the Canadian market (19.8% per year).
High Growth Earnings: SLF's earnings are forecast to grow, but not significantly.
Revenue vs Market: SLF's revenue (3% per year) is forecast to grow slower than the Canadian market (6.7% per year).
High Growth Revenue: SLF's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SLF's Return on Equity is forecast to be low in 3 years time (13.9%).
How has Sun Life Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLF has high quality earnings.
Growing Profit Margin: SLF's current net profit margins (5.5%) are lower than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: SLF's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: SLF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SLF had negative earnings growth (-8.1%) over the past year, making it difficult to compare to the Insurance industry average (5.2%).
Return on Equity
High ROE: SLF's Return on Equity (9.7%) is considered low.
How is Sun Life Financial's financial position?
Financial Position Analysis
Short Term Liabilities: SLF's short term assets (CA$110.3B) exceed its short term liabilities (CA$8.4B).
Long Term Liabilities: SLF's short term assets (CA$110.3B) do not cover its long term liabilities (CA$288.8B).
Debt to Equity History and Analysis
Debt Level: SLF's debt to equity ratio (40.5%) is considered high.
Reducing Debt: SLF's debt to equity ratio has reduced from 48.9% to 40.5% over the past 5 years.
Debt Coverage: SLF's debt is well covered by operating cash flow (69.2%).
Interest Coverage: SLF's interest payments on its debt are well covered by EBIT (9.5x coverage).
What is Sun Life Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SLF's dividend (3.37%) is higher than the bottom 25% of dividend payers in the Canadian market (1.48%).
High Dividend: SLF's dividend (3.37%) is low compared to the top 25% of dividend payers in the Canadian market (4.68%).
Stability and Growth of Payments
Stable Dividend: SLF's dividends per share have been stable in the past 10 years.
Growing Dividend: SLF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.5%), SLF's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SLF's dividends in 3 years are forecast to be well covered by earnings (37.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dean Connor (63 yo)
Mr. Dean Arthur Connor serves as Director at Sun Life Assurance Company of Canada. Mr. Connor has been the Chief Executive Officer at Sun Life Financial Inc. since December 1, 2011. He served as President ...
CEO Compensation Analysis
Compensation vs Market: Dean's total compensation ($USD8.07M) is about average for companies of similar size in the Canadian market ($USD7.34M).
Compensation vs Earnings: Dean's compensation has been consistent with company performance over the past year.
Experienced Management: SLF's management team is considered experienced (4.6 years average tenure).
Experienced Board: SLF's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SLF 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.
Sun Life Financial Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Sun Life Financial Inc.
- Ticker: SLF
- Exchange: TSX
- Founded: 1871
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: CA$38.258b
- Shares outstanding: 585.34m
- Website: https://www.sunlife.com
Number of Employees
- Sun Life Financial Inc.
- 1 York Street
- M5J 0B6
Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers term and permanent life, as well ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 22:12|
|End of Day Share Price||2021/04/19 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.