Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States.
Established dividend payer with reasonable growth potential.
Share Price & News
How has Intact Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: I5U has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: I5U exceeded the German Insurance industry which returned -8.8% over the past year.
Return vs Market: I5U underperformed the German Market which returned 2.5% over the past year.
Price Volatility Vs. Market
How volatile is Intact Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Intact 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: I5U (€85) is trading below our estimate of fair value (€108.89)
Significantly Below Fair Value: I5U is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: I5U is poor value based on its PE Ratio (28x) compared to the Insurance industry average (10.4x).
PE vs Market: I5U is poor value based on its PE Ratio (28x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: I5U is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: I5U is overvalued based on its PB Ratio (2.5x) compared to the DE Insurance industry average (1x).
How is Intact Financial forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: I5U's forecast earnings growth (25.2% per year) is above the savings rate (0.2%).
Earnings vs Market: I5U's earnings (25.2% per year) are forecast to grow faster than the German market (22.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: I5U's revenue (6.3% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: I5U's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: I5U's Return on Equity is forecast to be low in 3 years time (14.6%).
How has Intact Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: I5U has a large one-off loss of CA$250.0M impacting its March 31 2020 financial results.
Growing Profit Margin: I5U's current net profit margins (5.7%) are lower than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: I5U's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: I5U's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: I5U had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Insurance industry average (10%).
Return on Equity
High ROE: I5U's Return on Equity (8.2%) is considered low.
How is Intact Financial's financial position?
Financial Position Analysis
Short Term Liabilities: I5U's short term assets (CA$7.3B) do not cover its short term liabilities (CA$19.2B).
Long Term Liabilities: I5U's short term assets (CA$7.3B) exceed its long term liabilities (CA$4.4B).
Debt to Equity History and Analysis
Debt Level: I5U's debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: I5U's debt to equity ratio has increased from 20.4% to 31% over the past 5 years.
Debt Coverage: I5U's debt is well covered by operating cash flow (50.9%).
Interest Coverage: I5U's interest payments on its debt are well covered by EBIT (39.7x coverage).
What is Intact Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: I5U's dividend (2.54%) is higher than the bottom 25% of dividend payers in the German market (1.25%).
High Dividend: I5U's dividend (2.54%) is low compared to the top 25% of dividend payers in the German market (3.84%).
Stability and Growth of Payments
Stable Dividend: I5U's dividends per share have been stable in the past 10 years.
Growing Dividend: I5U's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.6%), I5U's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: I5U's dividends in 3 years are forecast to be well covered by earnings (40.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Charles J. Brindamour (50yo)
Mr. Charles J. G. Brindamour, B.Sc., serves as Director at Canadian Imperial Bank of Commerce since February 1, 2020. He has been the Chief Executive Officer at Intact Financial Corporation (also known as, ...
CEO Compensation Analysis
Compensation vs Market: Charles J.'s total compensation ($USD6.72M) is about average for companies of similar size in the German market ($USD5.21M).
Compensation vs Earnings: Charles J.'s compensation has been consistent with company performance over the past year.
|CEO & Director||12.5yrs||CA$9.12m||0.21% CA$25.3m|
|Senior VP & CFO||6.58yrs||CA$1.59m||0.014% CA$1.7m|
|Executive VP & COO||2.5yrs||CA$1.81m||0.013% CA$1.5m|
|President of Canadian Operations||6.58yrs||CA$3.41m||0.049% CA$6.0m|
|President of U.S. & Specialty Solutions||2.83yrs||CA$6.97m||no data|
|Deputy Senior VP & Chief Investment Officer of Intact Investment Management Inc||6.5yrs||no data||0.0070% CA$852.1k|
|Senior VP & CTO||1.17yrs||no data||no data|
|Senior VP of Investor Relations & Corporate Development||3.5yrs||no data||0.0064% CA$783.9k|
|Senior VP of Corporate & Legal Services and Secretary||4.17yrs||no data||0.0042% CA$516.1k|
|Senior VP of Direct Distribution & Chief Marketing Officer||7.5yrs||no data||0.0053% CA$645.2k|
Experienced Management: I5U's management team is seasoned and experienced (5.3 years average tenure).
|CEO & Director||12.5yrs||CA$9.12m||0.21% CA$25.3m|
|Independent Director||2.17yrs||CA$264.29k||0.0057% CA$697.5k|
|Independent Chairman of the Board||12.5yrs||CA$464.92k||0.023% CA$2.8m|
|Independent Director||15.58yrs||CA$237.67k||0.0056% CA$676.8k|
|Independent Director||3.17yrs||CA$236.00k||0.0014% CA$170.4k|
|Independent Director||5.17yrs||CA$253.30k||0.0019% CA$225.2k|
|Independent Director||7.17yrs||CA$233.58k||0.00096% CA$116.9k|
|Independent Director||10.17yrs||CA$249.00k||0.013% CA$1.6m|
|Independent Director||7.17yrs||CA$232.00k||0.0037% CA$451.6k|
|Independent Director||1.17yrs||CA$153.01k||0.00035% CA$42.6k|
Experienced Board: I5U's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: I5U insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.
Intact Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: Intact Financial Corporation
- Ticker: I5U
- Exchange: DB
- Founded: 1809
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: CA$18.672b
- Listing Market Cap: CA$12.173b
- Shares outstanding: 143.02m
- Website: https://www.intactfc.com
Number of Employees
- Intact Financial Corporation
- 700 University Avenue
- Suite 1500
- M5G 0A1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IFC||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 2004|
|I5U||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2004|
|IFCZ.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2004|
|IFC.PRE||TSX (The Toronto Stock Exchange)||5.2 PF CL A SR 5||CA||CAD||May 2017|
|INFF.F||OTCPK (Pink Sheets LLC)||5.2 PF CL A SR 5||US||USD||May 2017|
|IFC.PRG||TSX (The Toronto Stock Exchange)||NON CUM PFD A 7||CA||CAD||May 2018|
|IFC.PRI||TSX (The Toronto Stock Exchange)||5.40 PFD A SER 9||CA||CAD||Feb 2020|
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles. The company also offers personal property insurance, such as protection for homes and contents from risks, such as fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner occupied residences, and seasonal residences. In addition, it provides insurance products for commercial lines for a group of small and medium sized businesses; commercial property insurance for the protection of physical assets of the business; and liability coverages, including commercial general, product, and professional liability, as well as cyber endorsement. Further, the company offers commercial vehicle insurance coverages for the protection for commercial auto, fleets, garage operations, light trucks, public vehicles, and the transportation needs of the sharing economy. Additionally, it provides specialty products for various customers or industry groups, including accident and health, technology, ocean and inland marine, public entities, and entertainment; and various products and coverages to financial services, specialty property, surety, tuition reimbursement, management liability, environmental, and financial institutions. The company offers its products and services under the Intact Insurance, belairdirect, Brokerlink, and OneBeacon brands through a network of brokers, independent agencies, wholesalers, and managing general agencies, as well as directly to consumers. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 21:27|
|End of Day Share Price||2020/07/09 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.