0.17%
-1.96%
8.39%
22.09%
20.07%
16.24%
34.49%
AI Spotlight on SLF
Company Description
Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide.It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products.The company also provides reinsurance products; investment counselling and portfolio management services; mutual funds and segregated funds; trust and banking services; real estate property brokerage and appraisal services; and merchant banking services.
It distributes its products through direct sales agents, managing and independent general agents, financial intermediaries, broker-dealers, banks, pension and benefits consultants, and other third-party marketing organizations.The company was founded in 1871 and is headquartered in Toronto, Canada.
Market Data
| Last Price | 83.68 |
| Change Percentage | 0.17% |
| Open | 83.55 |
| Previous Close | 83.54 |
| Market Cap ( Millions) | 48188 |
| Volume | 78730 |
| Year High | 88.54 |
| Year Low | 64.38 |
| M A 50 | 85.18 |
| M A 200 | 75.54 |
Financial Ratios
| FCF Yield | 22.36% |
| Dividend Yield | 3.87% |
| ROE | 15.69% |
| Debt / Equity | 26.00% |
| Net Debt / EBIDTA | -123.83% |
| Price To Book | 1.92 |
| Price Earnings Ratio | 12.72 |
| Price To FCF | 4.47 |
| Price To sales | 0.96 |
| EV / EBITDA | 14.34 |
News
- Jan -29 - Sun Life hosts fourth quarter 2024 earnings conference call
- Jan -23 - Sun Life and affiliated companies donate $225,000 in support of California wildfire relief efforts
- Jan -21 - RBC Capital Previews Canadian Lifecos Q4
- Jan -17 - 3 Top TSX Dividend Stocks To Consider
- Jan -15 - Sun Life receives 100% score on Human Rights Campaign Corporate Equality Index for 16th consecutive year
- Jan -14 - Sun Life U.S. named a Top Workplace in Kansas City
- Jan -14 - Sun Life U.S. named a Top Workplace by the Boston Globe for seventh consecutive year
- Jan -14 - Sun Life Financial Inc. (NYSE:SLF): A Bearish Investment Perspective
- Jan -09 - Zacks Industry Outlook Sun Life Financial, Reinsurance Group of America, Primerica, Voya Financial and Lincoln National
- Jan -08 - 5 Life Insurance Stocks to Watch Amid a Low Interest Rate Environment
- Jan -02 - SLF Stock Rises 20% in 6 Months: A Signal for Investors to Hold Tight?
- Dec -19 - 3 Canadian Dividend Stocks On TSX Offering Up To 3.9% Yield
- Dec -11 - A chronic issue - disease rates climbing among young Canadians
- Dec -05 - Sun Life U.S. donates $50,000 to Northeastern University's Roux Institute to help improve access to healthcare throughout Maine
- Dec -03 - Sun Life U.S. and the Boston Celtics campaign #SunLifeDunk4Diabetes raises $105,000 for YMCA of Greater Boston
- Nov -29 - Sun Life, IIT Indore partner to drive insurance innovation in India
- Nov -22 - Sun Life Hits 52-Week High But Lags Industry: How to Play the Stock?
- Nov -22 - Sun Life and Tribal Wi-Chi-Way-Win Capital Corporation partner to serve Canadians and create local jobs in Winnipeg
- Nov -20 - Top TSX Dividend Stocks To Consider In November 2024
- Nov -19 - MEDIA ADVISORY - Sun Life and Tribal Wi-Chi-Way-Win Capital Corporation announce partnership to serve Canadians and create local jobs in Winnipeg
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Canada
Expected Growth : 14 %
What the company do ?
Sun Life Financial Inc.'s Canada segment offers individual and group insurance, wealth, and asset management solutions to Canadians.
Why we expect these perspectives ?
Canada's 14% growth from Sun Life Financial Inc. is driven by a strong economy, increasing demand for insurance products, and a growing middle class. Additionally, the company's diversified portfolio, strategic acquisitions, and effective cost management contribute to its growth. Furthermore, Canada's aging population and rising healthcare costs create opportunities for Sun Life's health and wealth management solutions.
Segment n°2 -> United States
Expected Growth : 15 %
What the company do ?
The United States, from Sun Life Financial Inc.'s perspective, is a key market for insurance and wealth management products, offering diverse growth opportunities.
Why we expect these perspectives ?
In the United States, Sun Life Financial Inc. achieves 15% growth driven by increasing demand for health and wealth solutions, a growing middle class, and rising life expectancy. Additionally, the company's strategic acquisitions, digital transformation, and expansion into new markets contribute to its growth momentum.
Segment n°3 -> Asset Management
Expected Growth : 18 %
What the company do ?
Sun Life Financial's Asset Management offers investment solutions to individuals and institutions, managing over $700 billion in assets globally.
Why we expect these perspectives ?
Sun Life Financial Inc.'s 18% growth in Asset Management is driven by increasing demand for retirement savings, expansion into emerging markets, and strategic acquisitions. Strong investment performance, diversified product offerings, and a robust distribution network also contribute to growth. Additionally, the company's focus on digital transformation and cost savings initiatives have improved operational efficiency, further supporting growth.
Segment n°4 -> Asia
Expected Growth : 17 %
What the company do ?
Asia from Sun Life Financial Inc. refers to the company's operations and business activities in the Asian region, offering insurance and wealth management solutions.
Why we expect these perspectives ?
Asia's 17% growth for Sun Life Financial Inc. is driven by increasing demand for insurance and wealth management products, fueled by a growing middle class, urbanization, and rising life expectancy. Additionally, strategic partnerships, digitalization, and expansion into emerging markets such as Indonesia and Vietnam contribute to the region's growth momentum.
Segment n°5 -> Consolidation Adjustments
Expected Growth : 0 %
What the company do ?
Consolidation Adjustments from Sun Life Financial Inc. refer to the elimination of inter-company transactions and balances between subsidiaries, providing a more accurate representation of the company's financial performance.
Why we expect these perspectives ?
Consolidation adjustments from Sun Life Financial Inc. with 0% growth are driven by stagnant market conditions, lack of acquisitions, and absence of significant changes in accounting policies or estimates, resulting in no adjustments needed to consolidate financial statements.
Segment n°6 -> Corporate Support
Expected Growth : 12 %
What the company do ?
Corporate Support from Sun Life Financial Inc. provides employee benefits, group retirement plans, and customized solutions to support businesses and their employees.
Why we expect these perspectives ?
Sun Life Financial Inc.'s 12% corporate support growth driven by increasing demand for employee benefits, expansion into new markets, and strategic partnerships. Strong brand reputation, diversified product offerings, and effective cost management also contribute to growth. Additionally, investments in digital transformation and customer experience enhancements support long-term sustainability.
Sun Life Financial Inc. Products
| Product Range | What is it ? |
|---|---|
| Life Insurance | Provides a financial safety net for loved ones in the event of death, with options for term life, permanent life, and universal life insurance. |
| Health Insurance | Offers coverage for medical expenses, including hospital stays, surgeries, and prescription medications. |
| Investments | Provides a range of investment products, including mutual funds, exchange-traded funds (ETFs), and segregated funds. |
| Retirement Savings | Helps individuals save for retirement through registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs). |
| Group Benefits | Offers employee benefits, including life insurance, health insurance, and disability insurance, for businesses and organizations. |
| Wealth Management | Provides comprehensive wealth management services, including financial planning, investment management, and estate planning. |
| Disability Insurance | Provides income replacement benefits in the event of illness or injury, helping individuals maintain their standard of living. |
| Critical Illness Insurance | Offers a lump-sum payment in the event of a critical illness diagnosis, helping individuals cover medical expenses and maintain their lifestyle. |
Sun Life Financial Inc.'s Porter Forces
Threat Of Substitutes
Sun Life Financial Inc. operates in a highly competitive industry, and customers have various alternatives to choose from. However, the company's strong brand reputation and diversified product offerings mitigate the threat of substitutes to some extent.
Bargaining Power Of Customers
Sun Life Financial Inc. has a large customer base, and individual customers have significant bargaining power due to the availability of alternative products and services. This forces the company to maintain competitive pricing and high-quality services.
Bargaining Power Of Suppliers
Sun Life Financial Inc. has a diversified supplier base, and no single supplier has significant bargaining power. The company's large scale of operations also gives it negotiating power over its suppliers.
Threat Of New Entrants
The financial services industry has high barriers to entry, including regulatory hurdles and significant capital requirements. This limits the threat of new entrants and allows Sun Life Financial Inc. to maintain its market position.
Intensity Of Rivalry
The financial services industry is highly competitive, with many established players competing for market share. Sun Life Financial Inc. must continually innovate and improve its products and services to maintain its competitive edge.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 36.02% |
| Debt Cost | 4.71% |
| Equity Weight | 63.98% |
| Equity Cost | 8.75% |
| WACC | 7.29% |
| Leverage | 56.30% |
Sun Life Financial Inc. : Quality Control
Sun Life Financial Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| AIG | American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. The company's General Insurance segment provides general liability, environmental, commercial automobile liability, … |
| 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 … |
| ACGLN | Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty … |
| 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 … |
| HIG | The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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