Manulife Financial Corp Stock EBITDA
| MFC Stock | CAD 42.95 0.07 0.16% |
Manulife Financial Corp fundamentals help investors to digest information that contributes to Manulife Financial's financial success or failures. It also enables traders to predict the movement of Manulife Stock. The fundamental analysis module provides a way to measure Manulife Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Manulife Financial stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | 9.9 B | 10.4 B |
Manulife | EBITDA |
Manulife Financial Corp Company EBITDA Analysis
Manulife Financial's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Manulife Financial EBITDA | 9.53 B |
Most of Manulife Financial's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Manulife Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Manulife EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Manulife Financial is extremely important. It helps to project a fair market value of Manulife Stock properly, considering its historical fundamentals such as EBITDA. Since Manulife Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Manulife Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Manulife Financial's interrelated accounts and indicators.
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In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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Manulife Ebitda
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According to the company disclosure, Manulife Financial Corp reported earnings before interest,tax, depreciation and amortization of 9.53 B. This is 84.95% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The ebitda for all Canada stocks is 144.5% lower than that of the firm.
Manulife EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Manulife Financial's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Manulife Financial could also be used in its relative valuation, which is a method of valuing Manulife Financial by comparing valuation metrics of similar companies.Manulife Financial is currently under evaluation in ebitda category among its peers.
Manulife Financial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Manulife Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Manulife Financial's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Manulife Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.006 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.97 % | ||||
| Current Valuation | 69.14 B | ||||
| Shares Outstanding | 1.72 B | ||||
| Shares Owned By Institutions | 56.50 % | ||||
| Number Of Shares Shorted | 40.35 M | ||||
| Price To Earning | 9.64 X | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 2.47 X | ||||
| Revenue | 45.58 B | ||||
| Gross Profit | 15.62 B | ||||
| EBITDA | 9.53 B | ||||
| Net Income | 5.63 B | ||||
| Cash And Equivalents | 19.15 B | ||||
| Cash Per Share | 31.77 X | ||||
| Total Debt | 925.86 B | ||||
| Debt To Equity | 0.56 % | ||||
| Current Ratio | 162.41 X | ||||
| Book Value Per Share | 28.37 X | ||||
| Cash Flow From Operations | 26.49 B | ||||
| Short Ratio | 4.64 X | ||||
| Earnings Per Share | 2.84 X | ||||
| Price To Earnings To Growth | 0.90 X | ||||
| Target Price | 49.43 | ||||
| Number Of Employees | 37 K | ||||
| Beta | 1.02 | ||||
| Market Capitalization | 74.11 B | ||||
| Total Asset | 978.82 B | ||||
| Retained Earnings | 4.76 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.96 % | ||||
| Net Asset | 978.82 B | ||||
| Last Dividend Paid | 1.6 |
About Manulife Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Manulife Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manulife Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manulife Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Manulife Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Manulife Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Manulife Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Manulife Stock
Moving against Manulife Stock
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The ability to find closely correlated positions to Manulife Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Manulife Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Manulife Financial Corp to buy it.
The correlation of Manulife Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manulife Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Manulife Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manulife Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.