Great-West Lifeco Inc. (GWO) fair value: what the stock is really worth
We calculate from audited financials what Great-West Lifeco Inc. is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Great-West Lifeco Inc.
GWO · TOStretched ValuationStrong overvaluation with only moderate quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
60‑month range C$23.92 – C$93.61 · fair‑value band C$29.65 – C$99.93 · the C$93.52 price screens above the C$41.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
Company profile
Great-West Lifeco Inc. engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.
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Great-West Lifeco Inc. engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, critical illness, disability, health and dental protection, and creditor insurance products; and retirement savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations. It also provides individual product solutions and employer-sponsored retirement savings plans that offers saving, investment, and advisory services; retail wealth management products and services to individuals, including individual retirement accounts and after-tax investment accounts; and wealth management, including payout annuity, equity release mortgages, pensions, and investments products. In addition, the company offers bulk and individual payout annuities, equity release mortgages, life bonds, retirement drawdown and pension, and group insurance products; savings and investments; and provides asset management services, such as pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds, as well as manages assets for third-party institutional clients. Further, it provides life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Empower, Canada Life, and Irish Life brand names. It distributes its products through a network of sales force, brokers, consultants, advisors, third-party administrators, financial institutions, employee benefit consultants, and multi-tied agents. The company was founded in 1979 and is based in Winnipeg, Canada. Great-West Lifeco Inc. is a subsidiary of Power Financial Corporation.
Stock analysis
Great-West Lifeco Inc. (GWO) currently trades at C$93.52, while our model-based Fair Value estimate is C$41.81, implying the stock looks roughly 123.7% overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of C$46.55 per share, and 0 of the 6 models we run sit above the C$93.52 price.
Bear case: the Asset-Based group reads lowest at C$22.28, and 6 of the 6 models stay below the price. Evidence for this calculation is high.
Scenario range: C$29.65 (bear) to C$99.93 (bull), the price of C$93.52 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 53/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Great-West Lifeco Inc. reported revenue of C$39.1B in FY2025 versus C$64.4B in FY2021, a compound −11.7%/yr. Reported net income was C$4.1B in FY2025, compounding +6.0%/yr from FY2021.
Key figures
Market cap C$86.9B (≈ $61.9B) · P/E ratio 20.1 · P/S ratio 2.12 · EPS (TTM) C$4.65 · Dividend yield 2.6% · Net margin 10.5% · Return on equity 13.8% · Return on assets (EBIT) 0.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (medium confidence).
What moves the price
The share trades near its 52-week high and 95% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −33% fair-value upside, at −55%, GWO screens richer than that median.
Fair Value models
All 6 models by family
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Set up alert →Quality Score breakdown
Of which business quality 42 · Market factors (momentum, volatility) 91
Revenue & earnings trend
Growth Forecast
GWO screens 124% overvalued. Compare with China Life Insurance Company →
Earlier news
- Is Great West Lifeco (TSX:GWO) Fully Priced After Higher Earnings And A Bigger Buyback?
- Great-West Lifeco Q2 Earnings Call Highlights
Compare Great-West Lifeco Inc. with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Life · 95 stocks
Valuation Multiplesvs Insurance - Life median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Canadian Stocks
- Valuation of the Canada market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Insurance - Life stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Life Insurance Company 601628 | ¥37.25 | ¥49.98 | +34% |
| Ping An Insurance (Group) Company 601318 | ¥53.51 | ¥68.44 | +28% |
| AIA Group 1299 | HK$77.35 | HK$33.58 | −57% |
| Manulife Financial Corporation MFC | C$62.06 | C$38.80 | −37% |
| Aflac Incorporated AFL | $117.55 | $67.96 | −42% |
| MetLife, Inc MET | $97.23 | $53.26 | −45% |
| Life Insurance Corporation LICI | ₹400.00 | ₹392.93 | −2% |
| China Pacific Insurance (Group) Co 601601 | ¥32.02 | ¥51.59 | +61% |
| Samsung Life Insurance Co 032830 | 283,500 KRW | 191,293 KRW | −33% |
| Power Corporation POW | C$93.45 | C$43.42 | −54% |
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Key figures of Great-West Lifeco Inc.
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