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.
No risks detected for 0AH3 from our risk checks.
Undervalued established dividend payer.
Share Price & News
How has Great-West Lifeco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0AH3 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 0AH3 performed against the UK Insurance industry.
Return vs Market: Insufficient data to determine how 0AH3 performed against the UK Market.
Price Volatility Vs. Market
How volatile is Great-West Lifeco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
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: 0AH3 (CA$34.59) is trading below our estimate of fair value (CA$76.83)
Significantly Below Fair Value: 0AH3 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0AH3 is good value based on its PE Ratio (13.2x) compared to the Insurance industry average (14x).
PE vs Market: 0AH3 is good value based on its PE Ratio (13.2x) compared to the UK market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: 0AH3 is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 0AH3 is good value based on its PB Ratio (1.5x) compared to the GB Insurance industry average (1.8x).
How is Great-West Lifeco forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0AH3's forecast earnings growth (12% per year) is above the savings rate (0.5%).
Earnings vs Market: 0AH3's earnings (12% per year) are forecast to grow slower than the UK market (13% per year).
High Growth Earnings: 0AH3's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if 0AH3's revenue is forecast to grow faster than the UK market.
High Growth Revenue: Insufficient data to determine if 0AH3's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0AH3's Return on Equity is forecast to be low in 3 years time (14.1%).
How has Great-West Lifeco performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0AH3 has high quality earnings.
Growing Profit Margin: 0AH3's current net profit margins (5.3%) are lower than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: 0AH3's earnings have declined by -1% per year over the past 5 years.
Accelerating Growth: 0AH3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0AH3 had negative earnings growth (-20.3%) over the past year, making it difficult to compare to the Insurance industry average (23.4%).
Return on Equity
High ROE: 0AH3's Return on Equity (9.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Great-West Lifeco's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0AH3 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0AH3's debt is covered by short term assets (assets are 20.3x debt).
Financial Institutions Analysis
Asset Level: 0AH3's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if 0AH3 has a sufficient allowance for bad loans.
Low Risk Liabilities: 0AH3 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0AH3 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0AH3 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0AH3 has an appropriate level of bad loans.
What is Great-West Lifeco's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Great-West Lifeco before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0AH3's dividend (5.32%) is higher than the bottom 25% of dividend payers in the UK market (1.9%).
High Dividend: 0AH3's dividend (5.32%) is low compared to the top 25% of dividend payers in the UK market (5.34%).
Stability and Growth of Payments
Stable Dividend: 0AH3's dividends per share have been stable in the past 10 years.
Growing Dividend: 0AH3's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.2%), 0AH3's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0AH3's dividends in 3 years are forecast to be covered by earnings (55.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Mahon (55yo)
Mr. Paul Anthony Mahon has 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 ($USD5.36M) is about average for companies of similar size in the UK market ($USD4.70M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||4.9yrs||CA$2.40m||0.00055% CA$171.1k|
|Executive VP & Global Chief Investment Officer||2.5yrs||CA$3.46m||0.00017% CA$52.9k|
|Executive VP & General Counsel||2.1yrs||CA$3.51m||no data|
|Executive VP & Chief Risk Officer||4.9yrs||CA$2.67m||0.00055% CA$171.1k|
|Senior Vice-President of Corporate Finance & Treasury||0yrs||no data||no data|
|Executive VP & Global Chief Information Officer||4.1yrs||CA$3.01m||0.00012% CA$37.3k|
|Senior VP & Chief Compliance Officer||2.2yrs||no data||no data|
|Assistant Vice President of Communications||0yrs||no data||no data|
|Executive VP & Chief HR Officer||5.3yrs||no data||no data|
Experienced Management: 0AH3's management team is considered experienced (4.5 years average tenure).
|President & CEO of Putnam Investments LLC and Chair of Great West Lifeco U.S. LLC||0.9yrs||no data||no data|
|Independent Director||12.8yrs||CA$325.88k||0.0011% CA$336.0k|
|Independent Director||5.8yrs||CA$534.26k||0.0027% CA$840.1k|
|Independent Director||10.8yrs||CA$408.04k||no data|
|Chairman of the Board||6.8yrs||CA$427.88k||0.0022% CA$672.1k|
|Independent Director||1.8yrs||CA$278.02k||no data|
Experienced Board: 0AH3's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0AH3 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 company bio, employee growth, exchange listings and data sources
- Name: Great-West Lifeco Inc.
- Ticker: 0AH3
- Exchange: LSE
- Founded: 1891
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: CA$31.116b
- Shares outstanding: 926.34m
- Website: https://www.greatwestlifeco.com
Number of Employees
- Great-West Lifeco Inc.
- 100 Osborne Street North
- R3C 1V3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GWO||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jun 1986|
|GWS||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jun 1986|
|GWLI.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jun 1986|
|0AH3||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Jun 1986|
|GWO.PRI||TSX (The Toronto Stock Exchange)||PFD 1ST SER I||CA||CAD||Apr 2006|
|GWO.PRN||TSX (The Toronto Stock Exchange)||5YR RATE PFD-N||CA||CAD||Nov 2010|
|GWO.PRQ||TSX (The Toronto Stock Exchange)||1ST PFD SER Q %||CA||CAD||Jul 2012|
|GWO.PRS||TSX (The Toronto Stock Exchange)||1ST PFD SER S||CA||CAD||May 2014|
|GWO.PRT||TSX (The Toronto Stock Exchange)||5.15 FST PFD T||CA||CAD||May 2017|
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. In addition, the company offers private-label recordkeeping and administrative services; and investment products, including equity, fixed income, absolute return, and alternative strategies. Further, it provides protection and wealth management products, including payout annuity products; life, annuity/longevity, mortgage, and property catastrophe reinsurance; and pension products. The company offers its products under the under various brand names, including the Great-West Life, London Life, the Canada Life, the Freedom 55 Financial, the Irish Life, the Great-West Financial, the Empower Retirement, and the Putnam Investments. It distributes its products through a network of advisors, dealers, brokers, managing general agencies, financial institutions, consultants, third-party administrators, sales force, financial planners, employee benefit consultants, banks, and multi-tied agents. The company was founded in 1891 and is based in Winnipeg, Canada. Great-West Lifeco Inc. is a subsidiary of Power Financial Corporation.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 23:29|
|End of Day Share Price||2020/02/19 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.