Manulife Financial Corporation provides financial protection and wealth management products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. It offers various individual life and health insurance, and individual and group long-term care insurance products. The company was founded in 1887 and is based in Toronto, Canada.
MFC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MFC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Manulife Financial Corp ranked in the 86th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Manulife Financial Corp, consider:
Manulife Financial Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 12.97% of tickers in our DCF set.
Relative to other stocks in its sector (Financial Services), Manulife Financial Corp has a reliance on debt greater than 56.42% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GAIN, CNFR, ESGR, GNW, and SG can be thought of as valuation peers to MFC, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
(Bloomberg) -- Fitch Ratings cut the outlook on Japan’s sovereign debt rating to negative from stable while keeping the rating unchanged, following a similar move last month by S&P Global Ratings.“The coronavirus pandemic has caused a sharp economic contraction in Japan, despite the country’s early success in containing the virus,” Fitch said in a statement Wednesday.“Sharply wider fiscal deficits in 2020 and 2021, as we project, will add significantly to Japan’s public debt, which even before the pandemic was the highest among Fitch-rated sovereigns as a share of GDP,” the ratings firm added.S&P Revises Down Japan’s Sovereign Outlook After Record StimulusJapan’s policy makers, like their global peers, are wrestling with spiraling deficits after ramping up spending to fight the impact o...
TORONTO, July 23, 2020 /CNW/ - Manulife Financial Corporation will release its second quarter financial results following the market close on the evening of Wednesday, August 5, 2020. There will be a live webcast of the quarterly conference call with analysts on Thursday, August 6, 2020, beginning at 8:00 a.m. (ET).
Manulife Hong Kong today announced the appointment of four C-level executives to its senior management team to strengthen the company's leadership capabilities and drive its strategic initiatives in Hong Kong, Macau and the Greater Bay Area.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.