Manulife Financial Corporation (MFC)
Total Valuation
MFC has a market cap or net worth of $33.94 billion. The enterprise value is $27.54 billion.
| Market Cap | 33.94B |
| Enterprise Value | 27.54B |
Important Dates
The next confirmed earnings date is Wednesday, November 8, 2023, after market close.
| Earnings Date | Nov 8, 2023 |
| Ex-Dividend Date | Aug 22, 2023 |
Share Statistics
MFC has 1.82 billion shares outstanding. The number of shares has increased by 2.42% in one year.
| Shares Outstanding | 1.82B |
| Shares Change (YoY) | +2.42% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.03% |
| Owned by Institutions (%) | 53.45% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 8.68 and the forward PE ratio is 5.36. MFC's PEG ratio is 1.84.
| PE Ratio | 8.68 |
| Forward PE | 5.36 |
| PS Ratio | 1.13 |
| Forward PS | n/a |
| PB Ratio | 0.99 |
| P/FCF Ratio | 2.37 |
| PEG Ratio | 1.84 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.20, with an EV/FCF ratio of 1.94.
| EV / Earnings | 6.82 |
| EV / Sales | 0.93 |
| EV / EBITDA | 4.20 |
| EV / EBIT | 4.48 |
| EV / FCF | 1.94 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 1.44 |
| Debt / FCF | 0.67 |
| Interest Coverage | 5.39 |
Financial Efficiency
Return on equity (ROE) is 11.00% and return on invested capital (ROIC) is 1.00%.
| Return on Equity (ROE) | 11.00% |
| Return on Assets (ROA) | 0.60% |
| Return on Capital (ROIC) | 1.00% |
| Revenue Per Employee | $741,917 |
| Profits Per Employee | $100,959 |
| Employee Count | 40,000 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MFC has paid $795.23 million in taxes.
| Income Tax | 795.23M |
| Effective Tax Rate | 16.45% |
Stock Price Statistics
The stock price has increased by +15.08% in the last 52 weeks. The beta is 1.13, so MFC's price volatility has been higher than the market average.
| Beta (1Y) | 1.13 |
| 52-Week Price Change | +15.08% |
| 50-Day Moving Average | 18.94 |
| 200-Day Moving Average | 18.92 |
| Relative Strength Index (RSI) | 50.69 |
| Average Volume (30 Days) | 3,416,233 |
Short Selling Information
The latest short interest is 19.85 million, so 1.09% of the outstanding shares have been sold short.
| Short Interest | 19.85M |
| Short Previous Month | 35.30M |
| Short % of Shares Out | 1.09% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 5.54 |
Income Statement
In the last 12 months, MFC had revenue of $29.68 billion and earned $4.04 billion in profits. Earnings per share was $2.13.
| Revenue | 29.68B |
| Gross Profit | 14.56B |
| Operating Income | 5.62B |
| Pretax Income | 5.00B |
| Net Income | 4.04B |
| EBITDA | 6.55B |
| EBIT | 6.14B |
| Earnings Per Share (EPS) | $2.13 |
Balance Sheet
The company has $15.59 billion in cash and $9.46 billion in debt, giving a net cash position of $6.13 billion or $3.36 per share.
| Cash & Cash Equivalents | 15.59B |
| Total Debt | 9.46B |
| Net Cash | 6.13B |
| Net Cash Per Share | $3.36 |
| Equity / Book Value | 33.91B |
| Book Value Per Share | 18.60 |
| Working Capital | n/a |
Cash Flow
| Operating Cash Flow | 14.21B |
| Capital Expenditures | n/a |
| Free Cash Flow | 14.21B |
| FCF Per Share | $7.21 |
Margins
Gross margin is 49.07%, with operating and profit margins of 18.95% and 13.61%.
| Gross Margin | 49.07% |
| Operating Margin | 18.95% |
| Pretax Margin | 16.85% |
| Profit Margin | 13.61% |
| EBITDA Margin | 22.07% |
| EBIT Margin | 20.69% |
| FCF Margin | 47.88% |
Dividends & Yields
This stock pays an annual dividend of $1.08, which amounts to a dividend yield of 5.79%.
| Dividend Per Share | $1.08 |
| Dividend Yield | 5.79% |
| Earnings Yield | 11.99% |
| FCF Yield | 42.19% |
| Dividend Growth (YoY) | 2.63% |
| Payout Ratio | 50.69% |
| Buyback Yield | -2.42% |
| Shareholder Yield | 3.41% |
Analyst Forecast
The average price target for MFC is $30.50, which is 63.85% higher than the current price. The consensus rating is "Buy".
| Price Target | $30.50 |
| Price Target Difference | 63.85% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | -0.41% |
Stock Splits
The last stock split was on June 5, 2006. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 5, 2006 |
| Split Type | Forward |
| Split Ratio | 2:1 |