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Definity Financial DB:XR6 Stock Report

Last Price

€37.60

Market Cap

€4.3b

7D

-2.1%

1Y

46.9%

Updated

08 Jan, 2025

Data

Company Financials +

Definity Financial Corporation

DB:XR6 Stock Report

Market Cap: €4.3b

XR6 Stock Overview

Offers property and casualty insurance products in Canada. More details

XR6 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends2/6

Rewards

Trading at 40.9% below our estimate of its fair value

Revenue is forecast to grow 7.35% per year

Earnings grew by 74.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 10.3% per year for the next 3 years


My Notes

Capture your thoughts, links and company narrative

Definity Financial Corporation Competitors

Talanx

XTRA:TLX

€21.9b

Wüstenrot & Württembergische

XTRA:WUW

€1.1b

Hannover Rück

XTRA:HNR1

€30.8b

NÜRNBERGER Beteiligungs-AG

XTRA:NBG6

€543.7m

Price History & Performance

Summary of share price highs, lows and changes for Definity Financial
Historical stock prices
Current Share PriceCA$37.60
52 Week HighCA$41.00
52 Week LowCA$25.00
Beta0.12
1 Month Change-5.53%
3 Month Change6.21%
1 Year Change46.88%
3 Year Changen/a
5 Year Changen/a
Change since IPO80.90%

Recent News & Updates

Recent updates

Shareholder Returns

XR6DE InsuranceDE Market
7D-2.1%2.7%2.0%
1Y46.9%24.8%9.6%

Return vs Industry: XR6 exceeded the German Insurance industry which returned 24.8% over the past year.

Return vs Market: XR6 exceeded the German Market which returned 9.6% over the past year.

Price Volatility

Is XR6's price volatile compared to industry and market?
XR6 volatility
XR6 Average Weekly Movement2.8%
Insurance Industry Average Movement3.1%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.7%
10% least volatile stocks in DE Market2.4%

Stable Share Price: XR6 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: XR6's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18713,442Rowan Saunderswww.definityfinancial.com

Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers.

Definity Financial Corporation Fundamentals Summary

How do Definity Financial's earnings and revenue compare to its market cap?
XR6 fundamental statistics
Market cap€4.33b
Earnings (TTM)€363.38m
Revenue (TTM)€2.94b

11.9x

P/E Ratio

1.5x

P/S Ratio

Is XR6 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XR6 income statement (TTM)
RevenueCA$4.37b
Cost of RevenueCA$3.37b
Gross ProfitCA$999.80m
Other ExpensesCA$460.10m
EarningsCA$539.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)4.71
Gross Margin22.88%
Net Profit Margin12.35%
Debt/Equity Ratio3.5%

How did XR6 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

13%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 22:04
End of Day Share Price 2025/01/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Definity Financial Corporation is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Tom MacKinnonBMO Capital Markets Equity Research
Paul HoldenCIBC Capital Markets