Financials Definity Financial Corporation

Equities

DFY

CA24477T1003

Property & Casualty Insurance

End-of-day quote Toronto S.E. 18:00:00 2024-05-02 EDT 5-day change 1st Jan Change
46.05 CAD +0.09% Intraday chart for Definity Financial Corporation +1.43% +22.67%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 3,422 4,413 4,321 5,291 - -
Enterprise Value (EV) 1 3,422 4,413 4,321 5,291 5,291 5,290
P/E ratio 14.6 x 17.9 x 12.5 x 15.9 x 13.5 x 14.2 x
Yield 0.17% 1.43% 1.47% 1.38% 1.55% 1.41%
Capitalization / Revenue 1.19 x 1.22 x 1.08 x 1.22 x 1.13 x 1.09 x
EV / Revenue 1.19 x 1.22 x 1.08 x 1.22 x 1.13 x 1.09 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.43 x 1.9 x 1.51 x 1.7 x 1.55 x 1.44 x
Nbr of stocks (in thousands) 115,893 114,693 115,093 114,893 - -
Reference price 2 29.53 38.48 37.54 46.05 46.05 46.05
Announcement Date 22-02-10 23-02-09 24-02-15 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 2,886 3,614 4,005 4,352 4,674 4,862
EBITDA - - - - - - -
EBIT 1 - - - - 235.6 286 346.5
Operating Margin - - - - 5.41% 6.12% 7.13%
Earnings before Tax (EBT) 1 - 281.2 305.2 462.1 449 464 -
Net income 1 153.9 213.2 252 350.1 345 362.3 379.3
Net margin - 7.39% 6.97% 8.74% 7.93% 7.75% 7.8%
EPS 2 - 2.020 2.150 3.000 2.899 3.403 3.253
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - 0.0500 0.5500 0.5500 0.6378 0.7118 0.6480
Announcement Date 21-08-27 22-02-10 23-02-09 24-02-15 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - 772.3 770.6 984.7 944.1 942.5 846.9 1,085 1,040 1,033 959.6 1,138 1,116 1,118 1,044
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - - - - - - - - - - 58.76 36.35 35.35 84.3 102.8
Operating Margin - - - - - - - - - - 6.12% 3.19% 3.17% 7.54% 9.85%
Earnings before Tax (EBT) 1 - 45.1 62.8 24.8 51.1 166.5 133.2 - - 303.8 151.2 160.9 222.4 179.6 188.6
Net income 1 53.3 33.7 48.3 21 41.1 141.6 100.9 71.6 -48.3 225.9 88.97 91.44 119 115.9 112.2
Net margin - 4.36% 6.27% 2.13% 4.35% 15.02% 11.91% 6.6% -4.64% 21.86% 9.27% 8.03% 10.66% 10.38% 10.75%
EPS 2 0.5130 0.3100 0.4100 0.1800 0.3500 1.210 0.8700 0.6100 -0.4200 1.940 0.7613 0.6862 0.5317 1.035 0.7513
Dividend per Share 2 - 0.0500 0.1250 0.1250 0.1250 0.1750 0.1380 0.1380 0.1380 0.1360 0.1569 0.1545 0.1545 0.1595 0.1500
Announcement Date 21-11-05 22-02-10 22-05-12 22-08-02 22-11-10 23-02-09 23-05-11 23-08-03 23-11-09 24-02-15 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - 1
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 10.5% 10.6% 9.2% 10.5% 10.5% -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 - 20.70 20.20 24.80 27.10 29.80 32.00
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 21-08-27 22-02-10 23-02-09 24-02-15 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
46.05 CAD
Average target price
48.33 CAD
Spread / Average Target
+4.96%
Consensus
  1. Stock Market
  2. Equities
  3. DFY Stock
  4. Financials Definity Financial Corporation