Manulife Financial Corporation Fundamental Analysis (HKSE: 0945.HK)
Manulife Financial Corporation Fundamental Analysis (HKSE: 0945.HK)
Manulife Financial Corporation (HKSE: 0945.HK) shows strong financial fundamentals with a PE ratio of 16.91, profit margin of 20.98%, and ROE of 12.99%. The company generates $31.9B in annual revenue with strong year-over-year growth of 16.30%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 76.6/100 based on profitability, valuation, growth, and balance sheet metrics. The B grade reflects solid fundamentals with room for improvement in valuation or growth.
Fundamental Health Score
We analyze 0945.HK's fundamental strength across five key dimensions:
Efficiency Score
Weak0945.HK struggles to generate sufficient returns from assets.
Valuation Score
Moderate0945.HK shows balanced valuation metrics.
Growth Score
Moderate0945.HK shows steady but slowing expansion.
Financial Health Score
Moderate0945.HK shows balanced financial health with some risks.
Profitability Score
Moderate0945.HK maintains healthy but balanced margins.
Key Financial Metrics
Is 0945.HK Expensive or Cheap?
P/E Ratio
0945.HK trades at 16.91 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, 0945.HK's PEG of 5.07 indicates potential overvaluation.
Price to Book
The market values Manulife Financial Corporation at 1.95 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 11.08 times EBITDA. This signals the market has high growth expectations.
How Well Does 0945.HK Make Money?
Net Profit Margin
For every $100 in sales, Manulife Financial Corporation keeps $20.98 as profit after all expenses.
Operating Margin
Core operations generate 26.12 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $12.99 in profit for every $100 of shareholder equity.
ROA
Manulife Financial Corporation generates $0.61 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Manulife Financial Corporation generates strong operating cash flow of $30.63B, reflecting robust business health.
Free Cash Flow
Manulife Financial Corporation generates strong free cash flow of $30.63B, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $18.46 in free cash annually.
FCF Yield
0945.HK converts 29.73% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
16.91
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
5.07
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.95
vs 25 benchmark
P/S Ratio
Price to sales ratio
3.23
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.27
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.00
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.13
vs 25 benchmark
ROA
Return on assets percentage
0.006
vs 25 benchmark
ROCE
Return on capital employed
0.008
vs 25 benchmark
How 0945.HK Stacks Against Its Sector Peers
| Metric | 0945.HK Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 16.91 | 20.40 | Better (Cheaper) |
| ROE | 12.99% | 638.00% | Weak |
| Net Margin | 20.98% | -568.00% (disorted) | Strong |
| Debt/Equity | 0.27 | 0.84 | Strong (Low Leverage) |
| Current Ratio | 0.00 | 818.60 | Weak Liquidity |
| ROA | 0.61% | 60.00% | Weak |
0945.HK outperforms its industry in 3 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Manulife Financial Corporation's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-21.65%
Industry Style: Value, Dividend, Cyclical
DecliningEPS CAGR
23.73%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
82.52%
Industry Style: Value, Dividend, Cyclical
High Growth