Manulife Financial: Top 10 Undervalued Financial Services Stocks on TSE (MFC)
Manulife Financial is now ranked among the top 10 undervalued stocks in the Financial Services sector on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below). The financial services sector contains banks including saving and loans, insurance firms, asset managers, credit services and brokerage and investment companies.
All data provided as-at market close September 18, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Manulife Financial Manulife Financial Corp together with its subsidiaries provides individual life insurance and individual and group long-term care insurance services. Its business segments are Asia Division, Canadian Division, U.S. Division, and Corporate and Other. Manulife Financial is listed under MFC on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| IGM-T | IGM Financial | 36.97 | 0 | 9.2 | 0 | 0 | 0 |
| SLF-T | Sun Life Finl | 58.17 | 0 | 9.1 | 0 | 0 | 0 |
| ONEX-T | Onex | 67.05 | 0 | 5.6 | 0 | 0 | 0 |
| FFH-T | Fairfax Finl Hldgs | 653.41 | 0 | 28.3 | 0 | 0 | 0 |
| GWO-T | Great-West Lifeco | 31.79 | 0 | 9.4 | 0 | 0 | 0 |
| BNS-T | Bank of Nova Scotia | 71.59 | 0 | 8.6 | 0 | 0 | 0 |
| PSLV-U-T | Sprott Physical Silver | 6.73 | 0 | 0 | 0 | 0 | 0 |
| MFC-T | Manulife Financial | 23.1 | 0 | 6 | 0 | 0 | 0 |
| BMO-T | Bank of Montreal | 127.55 | 0 | 7.6 | 0 | 0 | 0 |
| PSLV-T | Sprott Physical Silver | 9 | 0 | 0 | 0 | 0 | 0 |
More about Manulife Financial
Stocks in this category are held primarily for capital appreciation.
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