iA Financial Corporation Inc.IAG.TO

$189.38-1.38 (-0.72%)
TSXFinancial Services24:00 UTC

Company snapshot

Market Cap
$17B
Large-cap
+259%
2016 — today
10-Year Price
+302%
2016 — today
52-Week Range
$135.34$190.76
Current $189.38· 98%

iA Financial Corporation Inc., operating primarily through its subsidiary Industrial Alliance Insurance and Financial Services Inc., delivers a comprehensive array of life and health insurance products to clients across Canada and the United States. The company organizes its operations into several key divisions: Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other activities. For individual customers, iA offers vital coverage including life, health, disability, and mortgage insurance. It also supports personal financial goals through various wealth management services, such as savings plans, securities brokerage, trust operations, and mutual funds. Its group segment provides a wide spectrum of insurance solutions, spanning accidental death and dismemberment, dental care, and both short and long-term disability coverage for employee benefit plans. Furthermore, the company caters to dealer services by offering creditor and replacement insurance, alongside replacement and extended warranties, and other specialized products. iA Financial also administers group savings plans, retirement programs, and segregated funds. Beyond these core services, the corporation extends its offerings to include auto and home insurance policies, in addition to providing asset management and diverse financing solutions. Established in 1892, the company maintains its headquarters in Québec, Canada.

Valuation in context

P/E ratio
17.6
Near historic high
Near historic highs — last 10 years
P/B ratio
2.1
Near historic high
Near historic highs — last 10 years
EV / EBITDA
9.4
Near historic high
Near historic highs — last 10 years
Dividend Yield
2.2%
Near historic low
Near historic low — last 10 years
PEG ratio
1.9
Historically pricey
Historically pricey — last 10 years
FCF Yield
15.9%
Historically high
Historically high relative to the last 10 years
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