# E-L Financial Corporation Limited (ELF.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Financial Services / Insurance. Price C$17.65, market value C$6.1 billion.

## Valuation
- **P/E (trailing): 3.4×** (5-yr avg 67.7×, 3-yr avg 89.5×). E-L Financial Corporation Limited trades at 3.4× trailing earnings, well below its own five-year average of 67.7×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 70.6×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.01**. A PEG of 0.01 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 8.6%** (5-yr avg 14.2%). Free cash flow equals 8.6% of the market value, below its five-year average of 14.2%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 29.0%**. The inverse of the P/E: 29.0% of the price is earned each year.

## Profitability
- **Net margin: 43.0%**. 43.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 13.6%**. 13.6% on shareholders' equity is solid.
- **Return on assets: 6.1%**. Each dollar of assets produces 6.1% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -14.3%** (5-yr 2.3%/yr). Revenue fell 14.3% over the last year, against 2.3% a year compounded over five years: growth is slowing.
- **Free-cash-flow growth (3 yr): 0.6%/yr**. Free cash flow has compounded at 0.6% a year over three years.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: C$580 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 0.91%** (C$0.16 per share, trailing). E-L Financial Corporation Limited yields 0.91%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 48%** (83% of free cash flow). 48% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 40.8%/yr** (1-yr 121.0%). The dividend has compounded at 40.8% a year over five years, doubling roughly every 2 years at that pace.
- **Shareholder yield: 1.1%**. Dividends plus net buybacks return 1.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): 21.4%** (YTD 16.0%, 3-mo 2.9%). The shares are up 21.4% over twelve months including dividends.
- **From 52-week high: -7.0%** (15.5% above the low). Trading 7% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.50** (volatility 19%). Beta of 0.50 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ELF.TO · Page: https://foliofundamentals.com/stocks/elf.to

Not investment advice.