Valuation Manulife Financial Corporation

Equities

Market Closed - Toronto S.E. Other stock markets 04:00:00 06/06/2026 HKT			5-day change	1st Jan Change
54.00 ^CAD	+0.93%		+2.41%	+8.35%

06-04	Manulife Financial Corp Files for Singapore Listing of SG$500 Million Worth of Bonds	MT
06-03	Canadian Life Companies Split Renews ATM Equity Program	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	46,837	45,278	52,881	76,341	83,591	90,120	-	-
Change	-	-3.33%	16.79%	44.36%	9.5%	7.81%	-	-
Enterprise Value (EV)	46,837	32,359	45,281	76,341	83,591	90,120	90,120	90,120
Change	-	-30.91%	39.93%	68.59%	9.5%	7.81%	0%	0%
P/E ratio	6.81x	6.56x	11.2x	15.5x	16.2x	13.6x	11.1x	11.6x
PBR	0.9x	0.91x	1.31x	1.72x	1.92x	1.95x	1.74x	1.32x
PEG	-	1.66x	-0.4x	1.76x	2x	0.5x	0.5x	-2.97x
Capitalization / Revenue	0.76x	2.64x	1.08x	1.43x	1.37x	1.57x	1.7x	1.6x
EV / Revenue	0x	0x	0x	0x	0x	1.57x	1.7x	1.6x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	1.12	1.32	1.46	1.6	1.76	1.938	2.018	1.9
Rate of return	4.65%	5.47%	4.99%	3.62%	3.53%	3.59%	3.74%	3.52%
EPS ²	3.54	3.68	2.61	2.84	3.07	3.977	4.86	4.67
Distribution rate	31.6%	35.9%	55.9%	56.3%	57.3%	48.7%	41.5%	40.7%
Net sales ¹	61,821	17,147	48,739	53,291	60,964	57,544	53,029	56,310
EBITDA	-	-	-	-	-	-	-	-
EBIT	9,553	10,541	8,006	-	-	-	-	-
Net income ¹	6,890	7,294	5,103	5,385	5,251	6,528	7,799	8,417
Net Debt	-	-12,919	-7,600	-	-	-	-	-
Reference price ²	24.11	24.15	29.28	44.16	49.84	54.00	54.00	54.00
Nbr of stocks (in thousands)	1,942,637	1,874,847	1,806,039	1,728,735	1,677,181	1,668,891	-	-
Announcement Date	9/2/22	15/2/23	14/2/24	19/2/25	11/2/26	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
MANULIFE FINANCIAL CORPORATION	13.58x	-	-	3.59%	64.72B
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	6.68x	4.96x	-	5.39%	138B
AIA GROUP LIMITED	13.05x	-	-	2.87%	97.72B
AXA	9.58x	0.87x	-	6.28%	93.8B
GENERALI	12.41x	0.96x	-	4.63%	67.04B
AFLAC INCORPORATED	16.34x	3.2x	-	2.07%	60.18B
METLIFE, INC.	9.84x	-	-	2.77%	54.36B
GREAT-WEST LIFECO INC.	15.36x	-	-	3.27%	52.8B
SAMSUNG LIFE INSURANCE CO., LTD.	26.39x	-	-	1.66%	47.62B
CATHAY FINANCIAL HOLDING CO., LTD.	12.21x	-	-	4.08%	46.46B
Average	13.54x	2.50x		3.66%	72.3B
Weighted average by Cap.	12.39x	2.85x		3.98%