Company Overview

Great-West Lifeco Inc., a financial services holding company, engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance products; and retirement savings and income, annuity, and other specialty products. It also provides employer-sponsored retirement savings plans, individual retirement and taxable brokerage accounts, enrollment services, communication materials, investment options, and education services; and fund management, investment, and advisory services. In addition, the company offers private-label recordkeeping and administrative services; and investment products, including equity, fixed income, absolute return, and alternative strategies. Further, it provides protection and wealth management products, including payout annuity products; pension products; and life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Canada Life, Irish Life, Empower, Putnam Investments, and PanAgora brand names. It distributes its products through a network of advisors, dealers, brokers, managing general agencies, financial institutions, consultants, third-party administrators, sales force, financial planners, employee benefit consultants, banks, and multi-tied agents. The company was founded in 1891 and is based in Winnipeg, Canada. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation.

  • Name

    Great-West Lifeco Inc.

  • CEO

    Mr. Paul Anthony Mahon

  • Website

    www.greatwestlifeco.com

  • Sector

    Insurance

  • Year Founded

    1891

Profile

  • Market Cap

    CA$41.48B

  • EV

    CA$47.77B

  • Shares Out

    931.83M

  • Revenue

    CA$33.04B

  • Employees

    33,500

Margins

  • Gross

    47.22%

  • EBITDA

    26.91%

  • Operating

    25.49%

  • Pre-Tax

    13.03%

  • Net

    11.32%

  • FCF

    11.52%

Returns (5Yr Avg)

  • ROA

    0.55%

  • ROTA

    13.54%

  • ROE

    11.09%

  • ROCE

    0.87%

  • ROIC

    1.04%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    CA$44.09

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    CA$8,582M

  • Net Debt

    CA$560M

  • Debt/Equity

    0.3

  • EBIT/Interest

    2.21

Growth (CAGR)

  • Rev 3Yr

    -17.84%

  • Rev 5Yr

    -5.3%

  • Rev 10Yr

    -0.64%

  • Dil EPS 3Yr

    3.66%

  • Dil EPS 5Yr

    8.49%

  • Dil EPS 10Yr

    4.89%

  • Rev Fwd 2Yr

    29.58%

  • EBITDA Fwd 2Yr

    13.95%

  • EPS Fwd 2Yr

    6.99%

  • EPS LT Growth Est

    4%

Dividends

  • Yield

  • Payout

    53.95%

  • DPS

    CA$2.15

  • DPS Growth 3Yr

    7.06%

  • DPS Growth 5Yr

    6.03%

  • DPS Growth 10Yr

    5.74%

  • DPS Growth Fwd 2Yr

    6.1%

TSX:GWO