Great-West Lifeco Inc.

OTCPK:GWLI.F Stock Report

Market Cap: US$30.8b

Great-West Lifeco Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 GWLI.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GWLI.F ($32.66) is trading below our estimate of fair value ($82.58)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GWLI.F?

Key metric: As GWLI.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GWLI.F. This is calculated by dividing GWLI.F's market cap by their current earnings.
What is GWLI.F's PE Ratio?
PE Ratio12x
EarningsCA$3.64b
Market CapCA$44.42b

Price to Earnings Ratio vs Peers

How does GWLI.F's PE Ratio compare to its peers?

The above table shows the PE ratio for GWLI.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.2x
PRU Prudential Financial
10.4x7.3%US$42.2b
AFL Aflac
14.9x-3.8%US$57.5b
MET MetLife
15.9x14.0%US$56.7b
UNM Unum Group
7.6x-3.9%US$13.3b
GWLI.F Great-West Lifeco
12x5.2%US$44.4b

Price-To-Earnings vs Peers: GWLI.F is good value based on its Price-To-Earnings Ratio (12x) compared to the peer average (12.2x).

Price to Earnings Ratio vs Industry

How does GWLI.F's PE Ratio compare vs other companies in the US Insurance Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
UTGN UTG
2xn/aUS$93.02m
AORE.F American Overseas Group
2.4xn/aUS$16.44m
CUII China United Insurance Service
0.0003xn/aUS$3.13k
No more companies available in this PE range
GWLI.F 12.0xIndustry Avg. 12.9xNo. of Companies14PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GWLI.F is good value based on its Price-To-Earnings Ratio (12x) compared to the US Insurance industry average (13x).

Price to Earnings Ratio vs Fair Ratio

What is GWLI.F'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.

GWLI.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12x
Fair PE Ratio14.6x

Price-To-Earnings vs Fair Ratio: GWLI.F is good value based on its Price-To-Earnings Ratio (12x) compared to the estimated Fair Price-To-Earnings Ratio (14.6x).

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 GWLI.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$32.66
US$35.57
+8.9%
7.6%US$39.53US$29.47n/a10
Dec ’25US$36.04
US$35.57
-1.3%
7.6%US$39.53US$29.47n/a10
Nov ’25US$33.56
US$34.01
+1.3%
6.1%US$36.69US$29.49n/a11
Oct ’25US$34.08
US$32.63
-4.3%
4.3%US$34.78US$30.34n/a11
Sep ’25US$32.86
US$32.19
-2.1%
4.4%US$34.22US$29.86n/a10
Aug ’25US$29.46
US$31.52
+7.0%
4.3%US$33.26US$28.92n/a10
Jul ’25US$27.03
US$32.24
+19.3%
4.2%US$33.63US$29.24n/a10
Jun ’25US$29.96
US$32.24
+7.6%
4.2%US$33.63US$29.24n/a10
May ’25US$29.62
US$31.99
+8.0%
4.1%US$33.67US$29.28n/a10
Apr ’25US$31.83
US$32.12
+0.9%
4.0%US$33.88US$29.46n/a10
Mar ’25US$30.82
US$32.19
+4.4%
5.1%US$34.11US$28.18n/a10
Feb ’25US$33.31
US$32.01
-3.9%
5.0%US$34.33US$28.36n/a9
Jan ’25US$33.12
US$30.58
-7.7%
5.1%US$33.58US$27.74US$33.269
Dec ’24US$32.33
US$30.58
-5.4%
5.1%US$33.58US$27.74US$36.049
Nov ’24US$28.11
US$29.32
+4.3%
4.2%US$31.72US$27.40US$33.569
Oct ’24US$28.53
US$30.19
+5.8%
4.5%US$32.39US$27.98US$34.089
Sep ’24US$29.00
US$30.33
+4.6%
4.7%US$32.48US$27.31US$32.8611
Aug ’24US$30.05
US$30.11
+0.2%
3.0%US$31.09US$28.06US$29.4610
Jul ’24US$29.14
US$29.87
+2.5%
3.4%US$31.84US$28.05US$27.0310
Jun ’24US$28.82
US$28.93
+0.4%
5.2%US$31.22US$25.28US$29.9611
May ’24US$28.67
US$27.85
-2.9%
3.6%US$29.55US$26.59US$29.6210
Apr ’24US$26.50
US$27.28
+2.9%
5.7%US$29.41US$23.53US$31.8311
Mar ’24US$27.54
US$27.66
+0.4%
5.9%US$29.97US$23.98US$30.8211
Feb ’24US$26.39
US$26.07
-1.2%
5.0%US$28.38US$23.90US$33.3111
Jan ’24US$23.14
US$24.59
+6.3%
8.6%US$29.54US$22.16US$33.1210

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 00:42
End of Day Share Price 2025/01/02 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

Great-West Lifeco Inc. is covered by 22 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
Alex ScottBarclays
Tom MacKinnonBMO Capital Markets Equity Research