IGM Financial Inc (IGIFF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of IGM Financial Inc $33.52, price $59.20, upside -43.4%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
- Add to watchlist
IGM Financial Inc
IGIFF · USStretched 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 23, 2026.
How to read this chart
60‑month range $15.55 – $65.17 · fair‑value band $22.90 – $54.72 · the $59.20 price screens above the $33.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Company profile
IGM Financial Inc. engages in the wealth and asset management business in Canada. The company provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors; and administrative services. It also offers insurance and banking products and services.
Show more
IGM Financial Inc. engages in the wealth and asset management business in Canada. The company provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors; and administrative services. It also offers insurance and banking products and services. The company was incorporated in 1978 and is based in Winnipeg, Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation.
Stock analysis
IGM Financial Inc (IGIFF) currently trades at $59.20, while our model-based Fair Value estimate is $33.52, 43.4% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Earnings-Based group reads highest at a median of $54.29 per share, and 0 of the 10 models we run sit above the $59.20 price.
Bear case: the Asset-Based group reads lowest at $18.10, and 10 of the 10 models stay below the price. Evidence for this calculation is high.
Scenario range: $22.90 (bear) to $54.72 (bull), the price of $59.20 sits above 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 64/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
IGM Financial Inc reported revenue of C$3.8B in FY2025 versus C$3.6B in FY2021, a compound +1.6%/yr. Reported net income was C$1.1B in FY2025, compounding +3.0%/yr from FY2021.
Key figures
Market cap $14.0B · P/E ratio 17.1 · P/S ratio 4.92 · EPS (TTM) $3.47 · Dividend yield 3.9% · Net margin 28.8% · Return on equity 13.6% · Return on assets (EBIT) 5.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 66% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at −43%, IGIFF screens richer than that median.
Fair Value models
All 10 models by family
Notify me when IGIFF reaches fair value
Put IGIFF on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 61 · Market factors (momentum, volatility) 75
Revenue & earnings trend
Growth Forecast
IGIFF screens overvalued: fair value 43% below the price. Compare with Blackstone Inc →
Earlier news
- IGM Financial Inc. to announce third quarter 2026 results on November 5, 2026
- IGM Financial (TSX:IGM) Stock May Trade Near Fair Value As Shares Rose 169%
- IGM Financial President and CEO Damon Murchison to speak at 27th Annual Scotiabank Financials Summit on September 10
Compare IGM Financial 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.Asset Management · 657 stocks
Valuation Multiplesvs Asset Management median · lower = cheaper
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA 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 Asset Management stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Blackstone Inc BX | $112.09 | $52.29 | −53% |
| KKR & Co KKR | $93.18 | $29.26 | −69% |
| Brookfield Corporation BN | $36.87 | $13.45 | −64% |
| Apollo Global Management, Inc APO | $116.06 | $197.23 | +70% |
| State Street Corporation STT | $177.78 | $139.37 | −22% |
| Ameriprise Financial, Inc AMP | $494.82 | $595.40 | +20% |
| Ares Management Corporation ARES | $122.01 | $103.68 | −15% |
| Northern Trust Corporation NTRS | $175.73 | $123.42 | −30% |
| Raymond James Financial, Inc RJF | $161.16 | $317.27 | +97% |
| Exor N.V EXO | €68.10 | €136.20 | +100% |
Explore undervalued stocks
More undervalued Financial Services stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is IGM Financial Inc (IGIFF) overvalued or undervalued?
What is the fair value of IGIFF?
What is the quality score of IGIFF?
What is the price target for IGM Financial Inc (IGIFF)?
What is the IGM Financial Inc stock forecast for 2026?
What is the revenue of IGM Financial Inc (IGIFF)?
Does IGM Financial Inc pay a dividend?
What growth is priced into IGM Financial Inc (IGIFF)?
What discount rate (WACC) does the fair value of IGIFF use?
What is a reverse DCF?
How much growth has IGM Financial Inc (IGIFF) delivered so far?
How fast is the sector of IGM Financial Inc (IGIFF) growing?
What is the free cash flow yield of IGM Financial Inc (IGIFF)?
What is the intrinsic value of IGM Financial Inc (IGIFF)?
Is IGM Financial Inc stock overvalued or undervalued in 2026?
Is fair value the same as the market price of IGIFF?
How much is IGM Financial Inc worth?
What do the bullish and bearish scenarios say about IGIFF?
What is the P/E ratio of IGIFF?
What is the PEG ratio of IGIFF?
How solid is the balance sheet of IGM Financial Inc (IGIFF)?
How far is IGIFF from its 52-week high?
Which stocks are comparable to IGM Financial Inc?
Is IGM Financial Inc stock attractive at the current price?
How is the fair value of IGIFF calculated?
Is it still worth investing in stocks now?
What is the share price of IGM Financial Inc (IGIFF)?
What should I pay attention to with IGM Financial Inc right now?
Where does the earnings growth of IGM Financial Inc (IGIFF) come from?
Key figures of IGM Financial Inc
How large is the market capitalisation of IGM Financial Inc (IGIFF)?
What is the P/S ratio of IGM Financial Inc (IGIFF)?
What are the earnings per share of IGM Financial Inc (IGIFF)?
What is the dividend yield of IGM Financial Inc (IGIFF)?
What is the net margin of IGM Financial Inc (IGIFF)?
What is the return on equity of IGM Financial Inc (IGIFF)?
What is the EBIT return on assets of IGM Financial Inc (IGIFF)?
What is the operating margin of IGM Financial Inc (IGIFF)?
How fast is revenue growing at IGM Financial Inc (IGIFF)?
How fast are earnings growing at IGM Financial Inc (IGIFF)?
How much net debt does IGM Financial Inc (IGIFF) carry?
Watch IGM Financial Inc in the live analysis
One click puts IGM Financial Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.