# Sun Life Financial Inc. (SLF-PC.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Financial Services / Insurance. Price C$21.66, market value C$13.1 billion.

## Valuation
- **P/E (trailing): 3.3×**. Sun Life Financial Inc. trades at 3.3× trailing earnings. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.5×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 34.8%**. Free cash flow equals 34.8% of the market value. Above 5% is generally attractive.
- **Earnings yield: 30.2%**. The inverse of the P/E: 30.2% of the price is earned each year.

## Profitability
- **Net margin: 9.7%**. 9.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.8%**. 14.8% on shareholders' equity is solid.
- **Return on assets: 0.9%**. Each dollar of assets produces 0.9% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 11.5%** (3-yr 123.8%/yr). Revenue grew 11.5% over the last year.
- **Free-cash-flow growth (3 yr): -14.9%/yr**. Free cash flow has compounded at -14.9% a year over three years.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: C$27.9 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: 5.14%** (C$3.68 per share, trailing). Sun Life Financial Inc. yields 5.14%, an income-level yield.
- **Payout ratio: 55%** (47% of free cash flow). 55% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 20**. 20 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 3.5%** (YTD 1.6%, 3-mo -0.9%). The shares are up 3.5% over twelve months including dividends.
- **From 52-week high: -5.8%** (6.4% above the low). Trading 6% 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): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.20** (volatility 11%). Beta of 0.20 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SLF-PC.TO · Page: https://foliofundamentals.com/stocks/slf-pc.to

Not investment advice.