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Intact Financial Corporation

Financial Services CA IFC

228.755CAD
2.65(1.17%)

Last update at 2024-05-16T19:30:00Z

Day Range

226.12228.77
LowHigh

52 Week Range

179.03213.55
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 2942.00M 2568.00M 1359.00M 833.00M 886.00M
Minority interest 4.00M -21.00000M - - -
Net income 2424.00M 2067.00M 1082.00M 754.00M 707.00M
Selling general administrative - - - - -
Selling and marketing expenses - - - - -
Gross profit 21151.00M 17482.00M 12462.00M 11349.00M 10599.00M
Reconciled depreciation 563.00M 461.00M 314.00M 235.00M 158.00M
Ebit 3123.00M 2700.00M 1474.00M 943.00M 989.00M
Ebitda 3686.00M 3161.00M 1788.00M 1178.00M 1147.00M
Depreciation and amortization 563.00M 461.00M 314.00M 235.00M 158.00M
Non operating income net other - - - - -
Operating income 3123.00M 2700.00M 1474.00M 943.00M 886.00M
Other operating expenses 18209.00M 14914.00M 11103.00M 10516.00M 9713.00M
Interest expense 177.00M 153.00M 115.00M 110.00M 103.00M
Tax provision 522.00M 480.00M 263.00M 79.00M 170.00M
Interest income 30.00M 723.00M 10.00M 599.00M 564.00M
Net interest income -177.00000M -153.00000M -115.00000M -110.00000M -103.00000M
Extraordinary items - 0.00000M -14.00000M 0.00000M -9.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 522.00M 480.00M 277.00M 79.00M 179.00M
Total revenue 21151.00M 17482.00M 12462.00M 11349.00M 10599.00M
Total operating expenses 18209.00M 15009.00M 11103.00M 219.00M 155.00M
Cost of revenue - - - 9988.00M 9430.00M
Total other income expense net -181.00000M -132.00000M -115.00000M -110.00000M 257.00M
Discontinued operations - - - - -
Net income from continuing ops 2420.00M 2088.00M 1082.00M 754.00M 707.00M
Net income applicable to common shares 2364.00M 2014.00M 1030.00M 709.00M 667.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 64959.00M 66349.00M 35119.00M 32292.00M 28461.00M
Intangible assets 4700.00M 4636.00M 2514.00M 2523.00M 2200.00M
Earning assets - - - - -
Other current assets 6352.00M 7105.00M 2439.00M 1760.00M 1143.00M
Total liab 49274.00M 49566.00M 25536.00M 23545.00M 20651.00M
Total stockholder equity 15400.00M 15674.00M 9583.00M 8747.00M 7810.00M
Deferred long term liab - - - - -
Other current liab -2385.00000M -2541.00000M -329.00000M -411.00000M 5617.00M
Common stock 7542.00M 7576.00M 3265.00M 3265.00M 2816.00M
Capital stock 8864.00M 8751.00M 4440.00M 4293.00M 3844.00M
Retained earnings 7352.00M 6183.00M 4547.00M 3959.00M 3776.00M
Other liab 17408.00M 17887.00M 10050.00M 9609.00M 1349.00M
Good will 3350.00M 3066.00M 2813.00M 2626.00M 2399.00M
Other assets -11154.00000M -10231.00000M 1990.00M 1995.00M 28461.00M
Cash 1010.00M 2276.00M 917.00M 936.00M 442.00M
Cash and equivalents 410.00M 1375.00M 73.00M 667.00M 237.00M
Total current liabilities 2385.00M 2541.00M 329.00M 411.00M 17328.00M
Current deferred revenue - - - - -
Net debt 4134.00M 3591.00M 2571.00M 1887.00M 1767.00M
Short term debt 137.00M 439.00M 0.00000M 165.00M 250.00M
Short long term debt 137.00M 439.00M 0.00000M 165.00M 250.00M
Short long term debt total 5144.00M 5867.00M 3488.00M 2823.00M 2209.00M
Other stockholder equity 269.00M 211.00M 374.00M 340.00M 149.00M
Property plant equipment 778.00M 774.00M 520.00M 538.00M 170.00M
Total current assets 33110.00M 34004.00M 6812.00M 6435.00M 5363.00M
Long term investments 34175.00M 34100.00M 20470.00M 18175.00M 16900.00M
Net tangible assets 6028.00M 6797.00M 3081.00M 2570.00M 2183.00M
Short term investments 22836.00M 22721.00M 1552.00M 1465.00M 1165.00M
Net receivables 9264.00M 9007.00M 4343.00M 4034.00M 3859.00M
Long term debt 4387.00M 4790.00M 2531.00M 2362.00M 1959.00M
Inventory - - - - -
Accounts payable 2248.00M 2102.00M 329.00M 246.00M 99.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -1085.00000M 529.00M 409.00M 325.00M 41.00M
Additional paid in capital - - - - -
Common stock total equity - - 3265.00M 3265.00M 2816.00M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -43003.00000M -42576.00000M -26317.00000M -23862.00000M -
Deferred long term asset charges - - - - -
Non current assets total 43003.00M 42576.00M 26317.00M 23862.00M -
Capital lease obligations 622.00M 638.00M 447.00M 461.00M -
Long term debt total 4916.00M 4888.00M 2922.00M 2823.00M 1959.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -2746.00000M -1778.00000M -2442.00000M -842.00000M -285.00000M
Change to liabilities 277.00M 434.00M 375.00M 274.00M -33.00000M
Total cashflows from investing activities -2746.00000M -5972.00000M -2442.00000M -842.00000M -285.00000M
Net borrowings -855.00000M 728.00M 603.00M 130.00M -60.00000M
Total cash from financing activities -2207.00000M 4206.00M 79.00M 57.00M -283.00000M
Change to operating activities 187.00M 809.00M 1015.00M 178.00M 121.00M
Net income 2942.00M 2568.00M 1359.00M 833.00M 886.00M
Change in cash -1266.00000M 1359.00M -19.00000M 494.00M 279.00M
Begin period cash flow 2276.00M 917.00M 936.00M 442.00M 163.00M
End period cash flow 1010.00M 2276.00M 917.00M 936.00M 442.00M
Total cash from operating activities 3665.00M 3129.00M 2352.00M 1290.00M 833.00M
Issuance of capital stock 146.00M 4263.00M 146.00M 444.00M 243.00M
Depreciation 563.00M 461.00M 314.00M 235.00M 158.00M
Other cashflows from investing activities -2335.00000M -5645.00000M -2279.00000M -725.00000M -168.00000M
Dividends paid 762.00M 679.00M 527.00M 474.00M 430.00M
Change to inventory - - - - -
Change to account receivables -259.00000M -90.00000M -246.00000M -136.00000M 19.00M
Sale purchase of stock -262.00000M -64.00000M -49.00000M -43.00000M -36.00000M
Other cashflows from financing activities 930.00M 6475.00M 926.00M 572.00M 243.00M
Change to netincome 473.00M -552.00000M -188.00000M -15.00000M -139.00000M
Capital expenditures 411.00M 327.00M 163.00M 117.00M 117.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 156.00M 1366.00M 1117.00M 296.00M 92.00M
Stock based compensation 152.00M 60.00M 58.00M 65.00M 55.00M
Other non cash items -148.00000M -1326.00000M -496.00000M -139.00000M -358.00000M
Free cash flow 3254.00M 2802.00M 2189.00M 1173.00M 716.00M

Fundamentals

  • Previous Close 226.10
  • Market Cap36939.19M
  • Volume81063
  • P/E Ratio35.11
  • Dividend Yield2.16%
  • EBITDA2230.00M
  • Revenue TTM19995.00M
  • Revenue Per Share TTM113.96
  • Gross Profit TTM 3701.00M
  • Diluted EPS TTM5.90

Peer Comparison

Sector: Financial Services Industry: Insurance - Property & Casualty

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
IFC
Intact Financial Corporation
2.65 1.17% 228.75 35.11 14.56 1.85 2.68 1.92
FFH
Fairfax Financial Holdings Ltd
4.44 0.29% 1557.50 7.82 6.98 1.07 1.18 1.07
DFY
Definity Financial Corp
0.63 1.43% 44.58 9.85 14.06 1.10 1.67 1.04

Reports Covered

Stock Research & News

Profile

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. It offers personal auto insurance; insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles; personal property insurance, such as protection for homes and contents from risks, including fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner-occupied residences, and seasonal residences, as well as travel insurance. The company also provides commercial line insurance coverages for a diversified group of businesses; commercial property insurance for the protection of physical assets of the business; and liability coverages comprising commercial general, product, and professional liability, as well as cyber coverage. In addition, it offers commercial vehicle insurance coverages for the protection of commercial auto, fleets, garage operations, light trucks, public vehicles, and the specific needs of the sharing economy. Further, the company provides various personal levels of coverage to customers for their home, motor, pet, and other insurance products; general insurance, specialty lines, and risk management solutions; specialty insurance products for various product and customer groups, including accident and health, technology, ocean and inland marine, builder's risk, and entertainment, as well as financial services and institutions; and various products to specialty property, surety, tuition reimbursement, management liability, and cyber and environmental institutions. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.

Intact Financial Corporation

700 University Avenue, Toronto, ON, Canada, M5G 0A1

Key Executives

Name Title Year Born
Mr. Charles J. G. Brindamour B.Sc. CEO & Director 1970
Mr. Louis Marcotte Exec. VP & CFO 1965
Dr. Louis Gagnon MBA Chief Exec. Officer of Canada NA
Mr. Timothy Michael Miller Chief Exec. Officer of Global Specialty Lines 1959
Mr. Patrick Barbeau Exec. VP & COO NA
Mr. David W. Tremblay Deputy Sr. VP & Chief Investment Officer of Intact Investment Management Inc NA
Mr. Shubha Rahman Khan VP of Investor Relations NA
Mr. Frederic Cotnoir Exec. VP, Chief Legal Officer & Sec. NA
Ms. Anne Fortin Exec. VP of Direct Distribution and Chief Marketing & Communications Officer NA
Jennifer Beaudry Mang. of Media Relations NA

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