TSE:ELF
E-L Financial (ELF.TO)
Financials 
Technical Analysis 
Aug 8, 2026, 12:00 amThis summary was created by AI, based on 7 opinions in the last 12 months.
E-L Financial (ELF-T) is consistently highlighted as a TOP PICK by Stockchase Research Editor Michael O'Reilly, with a strong emphasis on its attractive valuation metrics. Trading at only 5x earnings and under book value, ELF demonstrates robust financial performance, illustrated by a 14% return on equity and significant growth in cash reserves. Experts emphasize the stability of the business, which is characterized as steady and 'boring.' Despite minor concerns regarding recent market movements, the majority opinion is optimistic, suggesting upside potential ranging from 17% to 18%. Overall, the recommendations indicate a disciplined approach to investment, advising stop-loss orders at strategic price points to safeguard against volatility.
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Premium contentWe again reiterate ELF, Empire Life, as a TOP PICK. The business is steady and boring and producing growing cash reserves on the back of 19% returns on its investments and 14% ROE. It trades under book value at 5x earnings. We continue to recommend a stop at $15.50, looking to achieve $21.00 -- upside potential of 18%. Yield 0.9%
Premium contentWe reiterate ELF, Empire Life, as a TOP PICK. The business is steady and boring and producing growing cash reserves on the back of 19% returns on its investments. Equity value per share (reported recently as $25.45) is well above current share prices. It trades at only 5x earnings and generates a ROE of 14%. We continue to recommend a stop at $15.50, looking to achieve $19.50 -- upside potential of 18%. Yield 0.9%
Premium contentPremium content
Premium contentELF offers investments and insurance and includes Empire Life. It trades at 4x earnings, under book value, and supports a ROE of 14%. Recently reported earnings demonstrated a 57% in net income and growing cash reserves. We recommend setting a stop-loss at $12.00, looking to achieve $17.50 -- upside potential of 18%. Yield 1.1%
Good company, but institutional coverage not picking it up. Very good business with strong dividend. Thinly traded shares, but good for retail investors. Revenues continue to rise with excellent profits.
Lyle Stein
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E-L Financial (ELF.TO) Frequently Asked Questions
What is E-L Financial stock symbol?
E-L Financial is a Canadian stock, trading under the symbol ELF.TO (previously ELF-T on Stockchase) on the Toronto Stock Exchange (ELF-CT). It is usually referred to as TSX:ELF or ELF.TO
Is E-L Financial a buy or a sell?
In the last year, 7 stock analysts issued a Buy, Sell, or Hold rating on ELF.TO (previously ELF-T on Stockchase). 7 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for E-L Financial.
Is E-L Financial a good investment or a top pick?
E-L Financial was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2026-06-16. Read the latest stock experts ratings for E-L Financial.
Why is E-L Financial stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for E-L Financial.
Is E-L Financial worth watching?
E-L Financial is followed by 27 investors on Stockchase and is a trending stock that is worth watching.
What is E-L Financial stock price?
On 2026-08-07, E-L Financial (ELF.TO) stock closed at a price of $17.79.
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We reiterate ELF as a TOP PICK. It trades at 5x earnings, under book value and supports a 14% ROE. Latest earnings showed a healthy growth in cash reserves, all on the back of improving operations. We continue to recommend a stop at $15.50, looking to achieve $20.00 - upside potential of 17%. Yield 0.9%