Sun Life Financial SLF provides protection and wealth products and services to individuals and corporate customers worldwide. It operates through Sun Life Financial Canada, Sun Life Financial United States, MFS Investment Management, and Sun Life Financial Asia segments. The company provides permanent life, participating life, term life, universal life, critical illness, long-term care, and personal health insurance. The company was founded in 1999 and is based in Toronto, Canada.
SLF Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Sun Life Financial Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Sun Life Financial Inc ranked in the 26th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Sun Life Financial Inc ended up being:
Its compound free cash flow growth rate, as measured over the past 4.01 years, is -0.14% -- higher than only 11.47% of stocks in our DCF forecasting set.
SLF's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 33.99% of tickers in our DCF set.
Relative to other stocks in its sector (Financial Services), Sun Life Financial Inc has a reliance on debt greater than only 21.64% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PRA, GDOT, HLNE, MA, and NMFC can be thought of as valuation peers to SLF, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
Supporting people with type 2 diabetes throughout the pandemicMONTREAL, Jan. 14, 2021 /CNW/ - When the pandemic forced gyms to close, it caused some disruption to the plans that had been developed for patients by the team at the Montreal Heart Institute's Diabetes Prevention Clinic sponsored by Sun Life.
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” of Sun Life Assurance Company of Canada (Sun Life) (Ontario, Canada) and Sun Life and Health Insurance Company (U.S.) (Lansing, MI) – the core insurance subsidiaries of Sun Life Financial Inc. (SLF) (Ontario, Canada) [NYSE: SLF] (collectively referred to as Sun Life Group). Concurrently, AM Best has affirmed the Long-Term ICR o
Manulife Corp. (TSX:MFC)(NYSE:MFC) and Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF) are two compelling income options, but which is better? The post Income Investors: Should You Buy Manulife (TSX:MFC) or Sun Life (TSX:SLF)? appeared first on The Motley Fool Canada .