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Sagicor Financial Company Ltd., together with its subsidiaries, provides various financial services to individuals and corporations in Canada, the United States, Jamaica, and the rest of the Caribbean. It operates through Sagicor Canada, Sagicor Life USA, Sagicor Jamaica, Sagicor Life, and Head Office and Other segments. The company offers life, health, general, property, casualty, accident, and sickness insurance; annuities and pension administration; investment, asset, and pension fund management; insurance brokerage; captive insurance management; investment, retail, and commercial banking; and microfinance. It also provides real estate investment, development, and management; cambo and remittance services; loan and lease financing; deposit-taking; farming; mutual fund holding; reinsurance; corporate management; and retirement community services. The company distributes its products and services through insurance advisors, agents, and brokers. Sagicor Financial Company Ltd. was founded in 1840 and is headquartered in St Michael, Barbados.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Sagicor Financial Company Ltd is a Caribbean-focused financial services group on the Toronto Stock Exchange offering life insurance, annuities, pensions, banking and asset management across the region and abroad. Growth may be supported by rising insurance penetration, product diversification and better investment margins if interest rates remain favorable. Investors may view the company as attractive for its regional distribution and diversified revenue base.
Principal risks are concentration to Caribbean economies and currencies, natural-catastrophe exposure, regulatory variability and sensitivity of profits to underwriting and investment performance.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 187.19M | 190.12M | 673.43M | 262.90M | 264.73M |
| Minority interest | -53.12M | -30.87M | -52.17M | -53.87M | -63.92M |
| Net income | 68.11M | 97.47M | 532.06M | 169.60M | 196.48M |
| Selling general administrative | 331.80M | 298.43M | 295.81M | 392.91M | 349.79M |
| Gross profit | 3064.65M | 742.59M | 1758.12M | 2546.37M | 2355.35M |
| Reconciled depreciation | 28.59M | 29.59M | 54.94M | 30.95M | 32.70M |
| Ebit | 398.64M | 332.02M | 618.62M | 309.37M | 84.45M |
| Ebitda | 427.73M | 361.61M | 673.55M | 340.32M | 117.15M |
| Depreciation and amortization | 29.09M | 29.59M | 54.94M | 30.95M | 32.70M |
| Operating income | 187.19M | 190.12M | 618.62M | 309.37M | 84.45M |
| Other operating expenses | 2877.46M | 281.93M | 1084.68M | 2283.46M | 2090.62M |
| Interest expense | 211.45M | 141.91M | 105.64M | 100.34M | 86.01M |
| Tax provision | 63.91M | 61.78M | 89.20M | 93.30M | 68.26M |
| Interest income | 336.60M | 393.26M | 122.48M | 432.74M | 337.41M |
| Net interest income | -207.81M | -232.59M | -155.17M | -100.34M | -86.01M |
| Income tax expense | 65.03M | 61.78M | 89.20M | 93.30M | 68.26M |
| Total revenue | 3064.65M | 1499.01M | 1758.12M | 2546.37M | 2355.35M |
| Total operating expenses | 2877.46M | 281.93M | -1139.50M | -2237.00M | -2270.90M |
| Cost of revenue | - | 756.41M | - | - | - |
| Total other income expense net | 2.09M | -1565.81M | 2.65M | -46.47M | 180.28M |
| Net income from continuing ops | 120.05M | 128.34M | 584.23M | 169.60M | 196.48M |
| Net income applicable to common shares | - | 97.47M | - | 115.56M | 133.18M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 25088.11M | 22767.94M | 22384.89M | 10765.87M | 10377.93M |
| Intangible assets | 38.23M | 43.31M | 48.13M | 30.34M | 32.10M |
| Other current assets | - | - | - | 625.09M | 710.79M |
| Total liab | 23655.63M | 21445.48M | 21055.87M | 9263.02M | 8711.72M |
| Total stockholder equity | 1034.70M | 959.69M | 970.93M | 1084.42M | 1134.55M |
| Other current liab | -1012.41M | - | -321.46M | -319.93M | -301.48M |
| Common stock | 1.35M | - | 1.41M | 1.43M | 1.43M |
| Capital stock | 1.35M | 1.35M | 1.41M | 1.43M | 1.43M |
| Retained earnings | 436.93M | 418.44M | 317.91M | 537.88M | 455.90M |
| Other liab | - | - | - | 6879.97M | 6386.73M |
| Good will | 44.17M | 44.76M | 45.02M | 74.97M | 57.00M |
| Other assets | - | - | 21209.05M | 9910.46M | 9499.60M |
| Cash | 451.45M | 442.49M | 486.64M | 368.14M | 359.98M |
| Total current liabilities | - | - | 321.46M | 319.93M | 301.48M |
| Net debt | 1284.50M | 512.65M | 497.01M | 727.74M | 806.79M |
| Short term debt | 726.32M | - | 27.68M | 9.13M | 9.02M |
| Short long term debt | 72.33M | 41.56M | 18.26M | 1.74M | 0.76M |
| Short long term debt total | 1735.95M | - | 983.65M | 1095.88M | 1166.77M |
| Other stockholder equity | 699.06M | - | 725.03M | 735.10M | 737.70M |
| Property plant equipment | - | - | - | 178.85M | 266.78M |
| Total current assets | 3500.27M | - | 819.31M | 510.30M | 467.18M |
| Long term investments | 19329.85M | 17842.78M | 17092.93M | 60.94M | 55.26M |
| Net tangible assets | - | - | - | - | 1045.45M |
| Short term investments | - | 551.57M | 16422.73M | 8424.04M | 7965.71M |
| Net receivables | 3048.81M | - | 332.67M | 142.17M | 107.21M |
| Long term debt | 926.61M | 913.58M | 927.41M | 1060.85M | 683.39M |
| Accounts payable | 286.09M | - | 293.78M | 310.80M | 292.45M |
| Accumulated other comprehensive income | -102.64M | - | -73.42M | -189.98M | -60.47M |
| Non currrent assets other | 525.50M | - | -356.52M | -345.11M | -411.14M |
| Non current assets total | 21587.84M | - | 356.52M | 345.11M | 411.14M |
| Capital lease obligations | 62.77M | 34.94M | 37.99M | 33.29M | 32.84M |
| Long term debt total | - | - | - | 665.83M | 634.83M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -14.04M | 6.52M | -26.62M | 50.07M |
| Change to liabilities | - | - | - | 0.00M | 0.00M |
| Total cashflows from investing activities | -15.70M | -14.04M | - | -26.62M | 36.16M |
| Net borrowings | 16.68M | -8.07M | - | - | 213.68M |
| Total cash from financing activities | -46.14M | -64.25M | 239.53M | -65.27M | 140.47M |
| Change to operating activities | - | - | - | - | -769.07M |
| Net income | 68.11M | 190.12M | 532.06M | 262.90M | 264.73M |
| Change in cash | -116.90M | 126.34M | 208.63M | -244.05M | 289.58M |
| Begin period cash flow | 568.35M | 801.37M | 592.74M | 836.79M | 547.21M |
| End period cash flow | 451.45M | 927.71M | 801.37M | 592.74M | 836.79M |
| Total cash from operating activities | 1524.28M | 214.23M | -39.61M | -154.50M | 124.88M |
| Issuance of capital stock | 0.03M | 0.03M | - | - | 0.00M |
| Depreciation | 29.09M | 29.59M | 54.94M | 30.95M | 32.70M |
| Other cashflows from investing activities | - | -0.86M | - | -4.63M | 1.06M |
| Dividends paid | 37.27M | -30.18M | 31.99M | 32.15M | 32.55M |
| Change to account receivables | - | - | 3.41M | -0.72M | - |
| Sale purchase of stock | -3.82M | -13.38M | -9.20M | -6.01M | -19.98M |
| Other cashflows from financing activities | -29.31M | -12.65M | -19.11M | 52.24M | 531.62M |
| Change to netincome | - | - | - | - | 728.08M |
| Capital expenditures | 10.61M | 17.43M | 27.43M | 21.80M | 14.95M |
| Change in working capital | 618.56M | -496.54M | -432.51M | -1407.33M | -769.07M |
| Stock based compensation | - | - | 8.46M | 6.95M | 7.49M |
| Other non cash items | 808.53M | 491.06M | -10.20M | 958.97M | 596.52M |
| Free cash flow | 1513.67M | 196.80M | -67.04M | -176.30M | 109.93M |
Sector: Financial Services Industry: Insurance - Life
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SFC Sagicor Financial Company |
-0.14 1.66% |
8.31 | 14.73 | 6.34 | 0.92 | 0.94 | 1.13 | -426.57 |
| MFC Manulife Financial Corp |
1.38 2.20% |
64.18 | 17.14 | 11.61 | 2.82 | 1.99 | 1.56 | - |
| GWO Great-West Lifeco Inc. |
2.17 2.35% |
94.70 | 16.63 | 13.07 | 1.81 | 2.37 | 1.84 | - |
| MFC-PK Manulife Financial Corp Pref K |
0.04 0.15% |
26.04 | 4.95 | - | 3.01 | - | - | - |
| MFC-PJ Manulife Fin Non Cum Cl 1 11 Prf |
0.09 0.35% |
25.50 | 4.84 | - | 2.81 | - | - | - |
Sagicor Financial Company Ltd., together with its subsidiaries, provides various financial services to individuals and corporations in Canada, the United States, Jamaica, and the rest of the Caribbean. It operates through Sagicor Canada, Sagicor Life USA, Sagicor Jamaica, Sagicor Life, and Head Office and Other segments. The company offers life, health, general, property, casualty, accident, and sickness insurance; annuities and pension administration; investment, asset, and pension fund management; insurance brokerage; captive insurance management; investment, retail, and commercial banking; and microfinance. It also provides real estate investment, development, and management; cambo and remittance services; loan and lease financing; deposit-taking; farming; mutual fund holding; reinsurance; corporate management; and retirement community services. The company distributes its products and services through insurance advisors, agents, and brokers. Sagicor Financial Company Ltd. was founded in 1840 and is headquartered in St Michael, Barbados.
| Name | Title | Year Born |
|---|---|---|
| Dr. Dodridge Denton Miller FCCA, Hon. LLD, L.L.M., LLM, M.B.A. | Group Pres, CEO & Director | 1958 |
| Mr. Andre Mousseau | Group COO & CFO | NA |
| Mr. Christopher W. Zacca B.Sc., CD, J.P., JP, M.B.A. | Pres & CEO of Sagicor Group Jamaica Limited | 1960 |
| Mr. Nari T. Persad B.Sc., F.S.A. | Group Chief Actuary | NA |
| Mr. Ronald B. Blitstein B.A., M.B.A., BA, MBA | Exec. VP & Group Chief Information Officer | 1956 |
| Ms. Althea C. Hazzard FCIS, L.L.B., L.L.M., LLM (Cantab), MICA | Exec. VP, Gen. Counsel & Corp. Sec. | 1964 |
| Ms. Ingrid Card B.Sc., B.Sc. (Hons), M.B.A., MBA | VP of Group Marketing, Corp. Communications & Brand Experience | NA |
| Mr. George Sipsis C.F.A. | Sr. VP of Corp. Devel. & Capital Markets | NA |
| Mr. J. Andrew Gallagher CERA, F.S.A., FCIA, FSA | CEO & Chief Risk Officer of Sagicor Reinsurance Bermuda Limited | 1962 |
| Mr. Roger Paul Inniss CRM, M.B.A. | Exec. VP & GM of Sagicor Life Inc, Barbados Operations | NA |
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