MIC:CA:TSX-Genworth MI Canada Inc.

EQUITY | Insurance - Specialty | Toronto Stock Exchange

Last Closing

CAD 44.6

Change

+0.41 (+0.93)%

Market Cap

CAD 2.92B

Volume

0.20M

Analyst Target

CAD 48.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Genworth MI Canada, Inc., through its subsidiaries is a residential mortgage insurer in Canada. It provides mortgage default insurance to Canadian residential mortgage lenders, making home ownership more accessible to first-time home buyers.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-01-16 )

Largest Industry Peers for Insurance - Specialty

Symbol Name Price(Change) Market Cap
TSU:CA Trisura Group Ltd

+0.18 (+0.44%)

CAD 2.04B

ETFs Containing MIC:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Insurance - Specialty) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.95% 100% F 88% B+
Dividend Return N/A N/A N/A N/A F
Total Return 10.95% 100% F 88% B+
Trailing 12 Months  
Capital Gain 6.67% 100% F 92% A
Dividend Return 4.59% 100% F 66% D+
Total Return 11.27% 100% F 92% A
Trailing 5 Years  
Capital Gain 23.10% 100% F 76% C+
Dividend Return 22.11% 100% F 66% D+
Total Return 45.21% 100% F 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 4.64% 50% F 68% D+
Dividend Return 9.37% 50% F 76% C+
Total Return 4.73% 100% F 76% C+
Risk Return Profile  
Volatility (Standard Deviation) 19.65% 100% F 39% F
Risk Adjusted Return 47.69% 100% F 60% D-
Market Capitalization 2.92B 100% F 95% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Insurance - Specialty) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.70 100% 43%
Price/Book Ratio 0.99 100% 54%
Price / Cash Flow Ratio 2.61 100% 24%
Price/Free Cash Flow Ratio 10.47 100% 27%
Management Effectiveness  
Return on Equity 12.60% 100% 73%
Return on Invested Capital N/A N/A N/A
Return on Assets 7.29% 100% 84%
Debt to Equity Ratio 11.00% 100% 83%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.