-0.11%
-2.16%
-0.32%
9.78%
11.94%
7.37%
32.86%
AI Spotlight on POW
Company Description
Power Corporation of Canada operates as an international management and holding company in North America, Europe, and Asia.It operates through Lifeco, IGM Financial, and GBL segments.The company offers life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance; retirement and investment management; asset management; and reinsurance and retrocession; investment advisory, financial planning, and related services; and fund, protection, and wealth management services.
It also provides employer-sponsored defined contribution plan, individual retirement account and drawdown, enrollment, communication material, investment option, and education services, as well as taxable brokerage accounts; private label recordkeeping and administrative services; payout annuities, equity release mortgages, life bonds, mortgage, securities, pension, private equity, debt and thematic fund, and financial services; and investment products, such as equity, fixed income, absolute return and alternative strategies, exchange traded funds, trust funds, and model-based separately managed accounts and portfolios.In addition, the company holds interests in various businesses, such as mineral-based specialty solutions; testing, inspection, and certification; cement, aggregates, and concrete; wines and spirits; sportswear and sports equipment design and distribution; materials technology and recycling of precious metals; disposable hygiene products; Atlantic salmon; customer experience and business process outsourcing; regional leisure parks; mobile game development and publishing; and bicycle manufacturing.Further, it generates renewable energy through solar and wind facilities; and designs, develops, and manufactures specification-grade LED solutions and zero-emission vehicles.
The company was incorporated in 1925 and is based in Montréal, Canada.Power Corporation of Canada operates as a subsidiary of Pansolo Holding Inc.
Market Data
| Last Price | 43.87 |
| Change Percentage | -0.11% |
| Open | 44.04 |
| Previous Close | 43.92 |
| Market Cap ( Millions) | 28194 |
| Volume | 1267613 |
| Year High | 47.89 |
| Year Low | 35.83 |
| M A 50 | 45.08 |
| M A 200 | 41.63 |
Financial Ratios
| FCF Yield | 28.31% |
| Dividend Yield | 5.13% |
| ROE | 10.06% |
| Debt / Equity | 88.72% |
| Net Debt / EBIDTA | -3559.38% |
| Price To Book | 1.24 |
| Price Earnings Ratio | 12.52 |
| Price To FCF | 3.53 |
| Price To sales | 0.55 |
| EV / EBITDA | -145.73 |
News
- Jan -14 - Power Sustainable Closes $85 Million Financing In Canadian Fiber Optics Corp
- Jan -14 - POWER SUSTAINABLE CLOSES CAD $85M TERM LOAN INVESTMENT IN CANADIAN FIBER OPTICS CORPORATION ("CFOC")
- Jan -14 - 3 Canadian Dividend Stocks On TSX Yielding Up To 5.3%
- Dec -16 - Bank of Montreal And 2 Other Excellent TSX Dividend Stocks
- Dec -11 - POWER SUSTAINABLE'S FOOD PRIVATE EQUITY STRATEGY DELIVERS ON FUNDRAISING, CAPITAL DEPLOYMENT, AND VALUE CREATION OBJECTIVES IN 2024
- Dec -11 - Power Corporation of Canada (TSX:POW) Enhances Growth with New Strategic Alliances and Dividend Updates
- Dec -11 - Power Corporation of Canada's (TSE:POW) investors will be pleased with their favorable 84% return over the last five years
- Nov -14 - Top TSX Dividend Stocks To Enhance Your Portfolio
- Nov -14 - Power Corporation of Canada Third Quarter 2024 Earnings: EPS: CA$0.58 (vs CA$1.52 in 3Q 2023)
- Nov -14 - Power Corporation of Canada (PWCDF) Q3 2024 Earnings Call Highlights: Strong NAV Growth and ...
- Nov -12 - Power Corporation Reports Third Quarter 2024 Financial Results
- Nov -07 - Power Sustainable Appoints Delia Cristea as Chief Operating Officer
- Oct -30 - Top TSX Dividend Stocks To Consider In October 2024
- Oct -22 - Power Corporation to Announce Third Quarter 2024 Financial Results on November 12, 2024
- Oct -15 - National Bank of Canada And 2 Other TSX Dividend Stocks For Your Portfolio
- Oct -02 - Power Sustainable Appoints Bruce Heyman as CEO to Lead Expansion
- Oct -02 - Ex-Goldman Banker Heyman Named CEO of Desmarais’ Power Sustainable
- Sep -30 - Top TSX Dividend Stocks To Watch In September 2024
- Sep -20 - Power Corporation's Executive Vice-President and Chief Financial Officer Jake Lawrence to speak at the CIBC Eastern Institutional Investor Conference
- Sep -13 - Top Dividend Stocks On The TSX For September 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Lifeco
Expected Growth : 5.4 %
What the company do ?
Lifeco is a subsidiary of Power Corporation of Canada, operating in the financial services sector, providing insurance and wealth management solutions.
Why we expect these perspectives ?
Lifeco's 5.4% growth is driven by increasing demand for insurance products, expansion into Asian markets, and strategic acquisitions. Additionally, the company's diversified portfolio, strong brand recognition, and effective cost management contribute to its growth momentum.
Segment n°2 -> IGM Financial
Expected Growth : 7.88 %
What the company do ?
IGM Financial is a Canadian financial services company owned by Power Corporation of Canada, offering investment management and wealth management services.
Why we expect these perspectives ?
IGM Financial's 7.88% growth is driven by its diversified wealth management business, strong investment performance, and strategic acquisitions. The company's scale and market presence in Canada, coupled with its ability to attract and retain high-net-worth clients, contribute to its growth momentum.
Segment n°3 -> Alternative Asset Investment Platforms and Other
Expected Growth : 9.72 %
What the company do ?
Alternative Asset Investment Platforms and Other from Power Corporation of Canada refers to a diversified portfolio of alternative investments, including private equity, real assets, and other non-traditional assets.
Why we expect these perspectives ?
Power Corporation of Canada's 9.72% growth in Alternative Asset Investment Platforms and Other is driven by increasing demand for diversification, low interest rates, and rising allocations to alternative assets. Additionally, the growth of wealth management and pension funds, as well as the expansion of digital platforms, have contributed to this segment's growth.
Segment n°4 -> Reconciling Items
Expected Growth : 10.27 %
What the company do ?
Reconciling items from Power Corporation of Canada refer to the differences between the company's reported and expected financial results, requiring adjustments to reconcile the two.
Why we expect these perspectives ?
Power Corporation of Canada's 10.27% growth is driven by strong investment returns from its diversified portfolio, particularly in the insurance and wealth management segments. Additionally, the company's strategic acquisitions and partnerships have expanded its reach and improved operational efficiency, contributing to its robust growth.
Segment n°5 -> Holding Company
Expected Growth : 4.77 %
What the company do ?
Power Corporation of Canada is a multinational management and holding company with a portfolio of companies operating in financial services, renewable energy, and technology.
Why we expect these perspectives ?
Power Corporation of Canada's holding company growth of 4.77% is driven by its diversified portfolio of subsidiaries, including insurance companies, wealth management firms, and investment platforms. Strong brand recognition, strategic acquisitions, and effective cost management also contribute to its growth. Additionally, the company's focus on digital transformation and innovation enables it to stay competitive in the market.
Power Corporation Of Canada Products
| Product Range | What is it ? |
|---|---|
| Wealth Management | Power Corporation of Canada offers wealth management services through its subsidiary, Great-West Lifeco Inc. This segment provides a range of investment and wealth management products and services to individuals, families, and businesses. |
| Insurance | Power Corporation of Canada offers a range of insurance products and services through its subsidiaries, including Great-West Lifeco Inc. and IGM Financial Inc. This segment provides life insurance, health insurance, and other insurance products to individuals and groups. |
| Investment Management | Power Corporation of Canada offers investment management services through its subsidiaries, including Great-West Lifeco Inc. and IGM Financial Inc. This segment provides a range of investment products and services to individuals, institutions, and pension funds. |
| Retirement Services | Power Corporation of Canada offers retirement services through its subsidiaries, including Great-West Lifeco Inc. This segment provides a range of retirement savings and income products and services to individuals and employers. |
| Specialty Finance | Power Corporation of Canada offers specialty finance services through its subsidiaries, including Great-West Lifeco Inc. This segment provides financing solutions for businesses and individuals. |
Power Corporation of Canada's Porter Forces
Threat Of Substitutes
Power Corporation of Canada operates in a diversified industry with various business segments, including wealth management, insurance, and investment management. The threat of substitutes is moderate, as customers have alternative options for investment and wealth management services.
Bargaining Power Of Customers
Power Corporation of Canada's customers are largely institutional investors and high-net-worth individuals, who have limited bargaining power due to their reliance on the company's expertise and services.
Bargaining Power Of Suppliers
Power Corporation of Canada has a diversified supplier base, and its suppliers have limited bargaining power due to the company's scale and negotiating power.
Threat Of New Entrants
The financial services industry has high barriers to entry, including regulatory hurdles and significant capital requirements, making it difficult for new entrants to compete with established players like Power Corporation of Canada.
Intensity Of Rivalry
The financial services industry is highly competitive, with many established players competing for market share. Power Corporation of Canada faces intense rivalry from other financial institutions, wealth management firms, and investment companies.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 48.01% |
| Debt Cost | 3.95% |
| Equity Weight | 51.99% |
| Equity Cost | 9.41% |
| WACC | 6.79% |
| Leverage | 92.34% |
Power Corporation of Canada : Quality Control
Power Corporation of Canada passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CNO | CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. … |
| JXN | Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and … |
| PRI | Primerica, Inc., together with its subsidiaries, provides financial products to middle-income households in the United States and Canada. The company operates in four segments: Term Life Insurance; Investment and Savings … |
| UNM | Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, … |
| FG | F&G Annuities & Life, Inc. provides fixed annuities and life insurance products. It serves retail annuity and life customers, as well as institutional clients. The company was founded in 1959 … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Unum
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Power Corp
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Jackson Financial
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4
CNO Financial Group
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5
Primerica
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1-Year Total Return ->
6
