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Great-West Lifeco Inc.
TSX-GWO
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%