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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Sun Life Financial Inc. To summarize, we found that Sun Life Financial Inc ranked in the 48th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 15.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for Sun Life Financial Inc ended up being:
As a business, SLF is generating more cash flow than 84.78% of positive cash flow stocks in the Financial Services.
The business' balance sheet suggests that 11% of the company's capital is sourced from debt; this is greater than merely 24.99% of the free cash flow producing stocks we're observing.
SLF's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 34.54% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SLF, try HMN, PZN, WLTW, GBL, and FSAM.
When the pandemic began, Sun Life and the Celtics had to quickly pivot their annual Fit to Win youth fitness program to a virtual format to accommodate the shutdown and subsequent safety measures. Fit to Win, a four-week program for YMCA youth in Greater Boston, Hartford, and Southern Maine, encourages kids to embrace health and fitness in everyday life. The kids track their fitness and wellness activities throughout the program and receive Celtics gear along the way. This year, the finale event, typically held at the Celtics' practice facility, was offered virtually – complete with coached workouts, an interactive discussion with the kids on fitness and nutrition, and even a Lucky the Leprechaun at-home dunk show from his driveway.
Forbes Media released its second annual Best-In-State employers list, including Sun Life on the Massachusetts company list. The survey was conducted on a rolling basis from October 2019 to May 2020, and covered 80,000 Americans from companies with at least 500 employees.
Youth from across Canada expand the dialogue around the opportunities and ambiguities of the future of workOTTAWA, ON, Sept. 15, 2020 /CNW/ - More than 120 youth leaders from across Canada gathered virtually to discuss the future of work in a post-COVID-19 world.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Sun Life Financial, Inc. Toronto, September 14, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Sun Life Financial, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.