Intact Financial Corporation (IFCZF) Stock

About Intact Financial Corporation

Intact Financial Corporation (IFCZF) is a prominent provider of property and casualty insurance products, serving both individual customers and commercial enterprises. Its operations span Canada, the United States, the United Kingdom, Ireland, other European nations, and the Middle East. For personal lines, the company offers extensive automobile insurance, covering everything from standard vehicles to recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles. Its personal property protection safeguards homes and their contents against risks like fire, theft, vandalism, and water damage, in addition to providing personal liability coverage. This extends to residents renting properties, condominium owners, and owners of non-owner occupied or seasonal dwellings. The firm also facilitates various personal insurance policies, such as home, motor, and pet coverage, through different channels. On the commercial front, Intact Financial designs insurance solutions for small and medium-sized businesses. This includes commercial property coverage to protect physical business assets, alongside a range of liability policies, including commercial general, product, professional, and cyber liability endorsements. Furthermore, it provides commercial vehicle insurance for diverse needs, such as fleets, garage operations, light trucks, public vehicles, and the specific requirements of the sharing economy. Beyond these core offerings, the company delivers general insurance, specialized lines, and risk management solutions. Its niche product portfolio covers areas like accident and health, technology, ocean and inland marine, public entities, entertainment, and financial services and institutions. Additional specialty coverages include specialty property, surety, tuition reimbursement, management liability, cyber, and environmental institutions. Headquartered in Toronto, Canada, Intact Financial Corporation was established in 1809. The company adopted its current name in 2009, having previously operated as ING Canada Inc.

Intact Financial Corporation is headquartered in CA.

Intact Financial Corporation (IFCZF) stock trades at $198.38 with a market capitalization of $34.98B. The stock is valued at a price-to-earnings (P/E) ratio of 15.33, price-to-book of 2.25, price-to-sales of 1.78. Over the past 52 weeks the stock has ranged between $174.43 and $226.09, and currently trades 12.3% below its 52-week high. It pays a dividend yielding 2.11%.

On profitability, Intact Financial Corporation generates a return on equity (ROE) of 15.73%, above the typical market average, return on capital employed of 6.95%, an operating margin of 15.43%, a net profit margin of 12.04%.

In its most recent fiscal year, Intact Financial Corporation reported annual revenue of $26.1B, net profit of $3.4B, revenue has compounded at 15.9% a year over the last five years, profit at 25.5% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.23 — a conservative balance sheet with little leverage risk, a current ratio of 7.21, total assets of $62.9B, $1.1B in cash and equivalents.

IFCZF has an average daily trading volume of 20,742.5 shares, a beta of 0.31 (less volatile than the overall market).

Official website: www.intactfc.com