Projected Income Statement: Sun Life Financial Inc.

Forecast Balance Sheet: Sun Life Financial Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 2/12/20 2/10/21 2/9/22 2/8/23 2/7/24 - - -
Estimates

Cash Flow Forecast: Sun Life Financial Inc.

Fiscal Period: December 2018 2019 2020 2021 2022 2023
CAPEX 1 85 114 158 81 - 172
Change - 34.12% 38.6% -48.73% - -
Free Cash Flow (FCF) 1 2,759 -4,550 -8,717 2,809 15,670 2,324
Change - -264.9% 91.58% -132.22% 457.87% -85.17%
Announcement Date 2/14/19 2/13/20 2/10/21 2/10/22 2/8/23 2/7/24
1CAD in Million
Estimates

Forecast Financial Ratios: Sun Life Financial Inc.

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 8.99% 8.4% 15.2% 18.73% - - - -
EBT Margin (%) - 8.15% 7.58% 14.28% 16.82% 9.64% 11.14% 11.52% 11.62%
Net margin (%) - 6.6% 5.55% 11.02% 13.12% 7.57% 8.36% 8.68% 8.98%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 0.92% 1.04% 1.06% 1.09% 1.14% 1.45% 1.45% 1.4%
ROE - 14.3% 14.4% 15.4% 15.1% 17.8% 17.52% 17.94% 17.98%

Financial Health

         
Leverage (Debt/EBITDA) 0.85x 1.26x 0.19x 1.31x 2.08x 1.69x - - -
Debt / Free cash flow 1.13x -1.02x -0.08x 2.54x 0.65x 3.37x - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - 0.23% - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - 12.4 - 7.319 - - - -
Change - - - - - - - - -
Dividend per Share 1 - 2.1 2.2 2.31 2.76 3 3.25 3.461 3.66
Change - - 4.76% 5% 19.48% 8.7% 8.33% 6.5% 5.74%
Book Value Per Share 1 - 35.97 37.96 41.08 42.99 36.51 40.58 43.89 48.23
Change - - 5.53% 8.22% 4.65% -15.07% 11.15% 8.16% 9.89%
EPS 1 - 4.4 4.1 6.69 5.21 5.26 6.458 7.1 7.707
Change - - -6.82% 63.17% -22.12% 0.96% 22.78% 9.94% 8.54%
Nbr of stocks (in thousands) - 587,750 585,031 586,014 586,388 584,320 573,892 573,892 573,892
Announcement Date - 2/12/20 2/10/21 2/9/22 2/8/23 2/7/24 - - -
1CAD
Estimates
2024 *2025 *
P/E ratio 12.8x 11.7x
PBR 2.04x 1.89x
EV / Sales 1.06x 1.02x
Yield 3.92% 4.18%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
82.81CAD
Average target price
89.21CAD
Spread / Average Target
+7.72%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. SLF Stock
  4. Financials Sun Life Financial Inc.