# Intact Financial Corporation (IFC-PA.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Financial Services / Insurance. Price C$24.05, market value C$4.3 billion.

## Valuation
- **P/E (trailing): 2.1×** (5-yr avg 1.5×, 3-yr avg 1.6×). Intact Financial Corporation trades at 2.1× trailing earnings, well above its own five-year average of 1.5×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.2×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 83.9%** (5-yr avg 95.7%). Free cash flow equals 83.9% of the market value, in line with its five-year average of 95.7%. Above 5% is generally attractive.
- **Earnings yield: 47.7%**. The inverse of the P/E: 47.7% of the price is earned each year.

## Profitability
- **Net margin: 12.9%**. 12.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.1%**. 16.1% on shareholders' equity is solid.
- **Return on assets: 5.2%**. Each dollar of assets produces 5.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 4.4%** (3-yr 5.0%/yr, 5-yr 15.9%/yr). Revenue grew 4.4% over the last year, against 15.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 48.5%** (3-yr 10.4%/yr, 5-yr 20.6%/yr). Earnings per share rose 48.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 6.5%/yr**. Free cash flow has compounded at 6.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.
- **Cash and short-term investments: C$18.9 billion**. 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: 5.03%** (C$5.60 per share, trailing). Intact Financial Corporation yields 5.03%, an income-level yield.
- **Payout ratio: 31%** (30% of free cash flow). 31% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 7**. 7 straight years of increases.
- **Dividend growth (5 yr): 7.3%/yr** (1-yr 0.0%). The dividend has grown 7.3% a year over five years.
- **Shareholder yield: 20.7%**. Dividends plus net buybacks return 20.7% of the market value a year.

## Price and momentum
- **Total return (1 yr): 13.8%** (YTD 14.6%, 3-mo 5.1%). The shares are up 13.8% over twelve months including dividends.
- **From 52-week high: -0.2%** (13.2% above the low). Trading within 5% of 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): 59**. An RSI of 59 is neutral.
- **Beta (1 yr): -0.01** (volatility 9%). Beta of -0.01 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=IFC-PA.TO · Page: https://foliofundamentals.com/stocks/ifc-pa.to

Not investment advice.