-0.16%
-1.68%
-3.22%
2.57%
22.40%
49.42%
79.49%
AI Spotlight on IFC
Company Description
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Middle East.It offers personal auto insurance; insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles; personal property insurance, such as protection for homes and contents from risks, including 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.The company also 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 comprising commercial general, product, and professional liability, as well as cyber endorsement.
In addition, it offers commercial vehicle insurance coverages for the protection for commercial auto, fleets, garage operations, light trucks, public vehicles, and the specific needs of the sharing economy.Further, the company provides various personal levels of coverage to customers for their home, motor, pet, and other insurance products; general insurance, specialty lines, and risk management solutions; specialty insurance products for various product and customer groups, including accident and health, technology, ocean and inland marine, public entities, and entertainment, as well as financial services and institutions; and various products to specialty property, surety, tuition reimbursement, management liability, cyber, and environmental institutions.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.
Market Data
| Last Price | 257.34 |
| Change Percentage | -0.16% |
| Open | 257.83 |
| Previous Close | 257.74 |
| Market Cap ( Millions) | 45900 |
| Volume | 2572 |
| Year High | 275.84 |
| Year Low | 206.57 |
| M A 50 | 262.62 |
| M A 200 | 248.45 |
Financial Ratios
| FCF Yield | 4.90% |
| Dividend Yield | 1.88% |
| ROE | 12.67% |
| Debt / Equity | 32.49% |
| Net Debt / EBIDTA | 129.63% |
| Price To Book | 2.58 |
| Price Earnings Ratio | 21.31 |
| Price To FCF | 20.4 |
| Price To sales | 1.7 |
| EV / EBITDA | 14.04 |
News
- Jan -27 - Media Advisory - Intact Financial Corporation to announce 2024 fourth quarter results on February 11, 2025 and hold earnings conference call the following day
- Jan -22 - Intact Financial Corporation Announces Transition in Global Specialty Lines Leadership
- Jan -14 - Intact Surety Adds Features to Intact BondClick, an Online Bond Platform for Brokers
- Jan -13 - Intact Financial Corporation's (TSE:IFC) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
- Nov -27 - Intact Financial Corporation and the Professional Women's Hockey League announce partnership
- Nov -21 - Report Climate Solutions, Not Causes
- Nov -20 - Intact Financial Corporation Announces CFO Transition
- Nov -14 - Intact Financial acquires Jiffy, Canada's No. 1 home maintenance app
- Nov -12 - Intact Financial Corporation and its leaders help fund a first-in-Canada Centre of Excellence in infectious diseases dedicated to mother-child health
- Nov -11 - Intact Financial Corporation Chief Executive Officer Charles Brindamour to hold Virtual Fireside Chat with BMO Capital Markets
- Nov -11 - MEDIA ADVISORY - Intact Financial Corporation to make an important announcement in support of a first-of-its-kind healthcare initiative
- Nov -07 - Intact Financial Corp (IFCZF) Q3 2024 Earnings Call Highlights: Resilience Amidst CAT Losses ...
- Nov -05 - Intact Financial Corporation reports Q3-2024 results
- Oct -21 - Media Advisory - Intact Financial Corporation to announce 2024 third quarter results on November 5, 2024 and hold earnings conference call the following day
- Oct -10 - Intact Financial Corporation provides an updated catastrophe loss estimate for the third quarter
- Oct -09 - Canadians are vigilant about fire prevention but are missing core tools and resources as we head into colder months: new survey
- Oct -07 - 'A new weather reality': Rising cost of insurance hits pocketbooks
- Oct -02 - Intact Financial Corporation partners with Université de Sherbrooke to accelerate building a digitally resilient Canada
- Sep -25 - Intact Financial Corporation Chief Financial Officer Louis Marcotte to speak at the 23rd annual CIBC Eastern Institutional Investor Conference
- Sep -09 - Applications now open for Intact's Municipal Climate Resiliency Grants program
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Canada Insurance
Expected Growth : 4.73 %
What the company do ?
Canada Insurance from Intact Financial Corporation provides a range of personal and commercial insurance products, including auto, home, and business insurance, to individuals and businesses across Canada.
Why we expect these perspectives ?
Intact Financial Corporation's Canada Insurance segment growth of 4.73% is driven by increasing demand for personal and commercial insurance products, strategic acquisitions, and expansion into new markets. Additionally, favorable regulatory changes, improved underwriting practices, and investments in digital platforms have contributed to the segment's growth.
Segment n°2 -> United Kingdom & International Insurance
Expected Growth : 5.0 %
What the company do ?
The United Kingdom & International Insurance segment of Intact Financial Corporation provides a range of personal and commercial insurance products and services outside of Canada.
Why we expect these perspectives ?
Strong demand for insurance products in the UK, driven by a growing economy and increasing awareness of risk management, coupled with Intact Financial Corporation's expansion into international markets, particularly in Europe, and its strategic acquisitions, have contributed to the 5.0% growth in the UK and International Insurance segment.
Segment n°3 -> United States Insurance
Expected Growth : 4.78 %
What the company do ?
Intact Financial Corporation's United States Insurance segment offers a range of personal and commercial insurance products to individuals and businesses across the US.
Why we expect these perspectives ?
The 4.78% growth in United States Insurance from Intact Financial Corporation is driven by increasing demand for personal and commercial insurance products, favorable regulatory environment, and strategic acquisitions. Additionally, the company's focus on digital transformation, expansion of distribution channels, and improvement in underwriting capabilities have contributed to the growth.
Segment n°4 -> Corporate
Expected Growth : 4.83 %
What the company do ?
Intact Financial Corporation is a Canadian-based property and casualty insurance company, providing a range of insurance products to individuals and businesses.
Why we expect these perspectives ?
Intact Financial Corporation's corporate segment growth of 4.83% is driven by strong underwriting results, disciplined risk selection, and strategic investments in digital capabilities. Additionally, the company's focus on customer experience, expansion into new markets, and effective cost management have contributed to its growth momentum.
Intact Financial Corporation Products
| Product Range | What is it ? |
|---|---|
| Home Insurance | Provides financial protection to homeowners in the event of damage to their property or liability for accidents that occur on their property. |
| Auto Insurance | Provides financial protection to vehicle owners in the event of accidents, theft, or other damages to their vehicle. |
| Business Insurance | Provides financial protection to business owners in the event of unexpected events such as accidents, theft, or natural disasters. |
| Travel Insurance | Provides financial protection to travelers in the event of unexpected events such as trip cancellations, interruptions, or medical emergencies. |
| Life Insurance | Provides a financial safety net for loved ones in the event of a policyholder's death. |
Intact Financial Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Intact Financial Corporation is medium due to the presence of alternative financial products and services offered by competitors.
Bargaining Power Of Customers
The bargaining power of customers for Intact Financial Corporation is low due to the company's strong brand reputation and diversified product offerings.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Intact Financial Corporation is medium due to the company's dependence on a few large suppliers for certain products and services.
Threat Of New Entrants
The threat of new entrants for Intact Financial Corporation is low due to the high barriers to entry in the financial services industry, including regulatory hurdles and capital requirements.
Intensity Of Rivalry
The intensity of rivalry for Intact Financial Corporation is high due to the competitive nature of the financial services industry, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 26.18% |
| Debt Cost | 5.24% |
| Equity Weight | 73.82% |
| Equity Cost | 6.61% |
| WACC | 6.25% |
| Leverage | 35.46% |
Intact Financial Corporation : Quality Control
Intact Financial Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CINF | Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and … |
| FFH.TO | Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through … |
| MFC.TO | Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance … |
| PGR | The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the … |
| TFC | Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Manulife
A-Score
1-Year Total Return ->
🥈
Cincinnati Financial
A-Score
1-Year Total Return ->
🥉
Truist
A-Score
1-Year Total Return ->
4
Intact Financial
A-Score
1-Year Total Return ->
5
Fairfax Financial Holdings
A-Score
1-Year Total Return ->
6
