Intact Financial Corp T.IFC.P.C

Primary Symbol: T.IFC Alternate Symbol(s): IFCZF | INFFF | T.IFC.P.A | INTAF | T.IFC.P.E | T.IFC.P.F | T.IFC.P.G | T.IFC.P.I | IFTPF | T.IFC.P.K

Financial Services Insurance - Property & Casualty

Intact Financial Corporation is a Canada-based company, which provides property and casualty (P&C) insurance. The Company's segment includes Canada, US and UK & International. The Canada segment is engaged in the underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly consumers. The UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to individuals and businesses in the United Kingdom, Europe, Ireland and Middle East, as well as internationally. The Company distributes insurance through a network of affinity partners and brokers or directly to consumers. The US segment is engaged in the underwriting of specialty contracts mainly to small and midsize businesses in the United States. In Canada, the Company distributes insurance under the Intact Insurance brand through a network of brokers.

TSX:IFC - Post by User

Intact Financial Corp

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Post by retiredcfon Jun 12, 2022 3:50pm

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Post# 34750310

Assessment

IFC has demonstrated a strong position in the Canadian insurance industry and its revenue growth has been quite significant over the years. Its five-year annualized sales growth is 18% and its five-year EBITDA growth rate is 32% annually. The company currently has a 2.2% dividend yield and generates more than enough free cash flow to sustain these yields. It has a low debt amount, a great valuation (1.6X forward sales, 15.5X forward P/E, and 2.3X price to book), and a strong balance sheet. With an industry-leading position, strong fundamentals, decent yield, and a good history of price appreciation, we would be quite comfortable initiating a position in IFC.

Provided by the team at 5iResearch. GLTA

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle