TSE:POW

Power Corp (POW.TO)

91.84
-0.43 (0.47%)
as of Aug 31, 2026, 8:00:00 pm Market Open.
642 watching
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Investor Insights
star iconAug 31, 2026, 12:00 am

This summary was created by AI, based on 22 opinions in the last 12 months.

Power Corp (POW-T) is a well-regarded Canadian asset manager, primarily anchored by its significant holdings in Great-West Life (GWO) and Investors Group (IGM). The consensus among analysts indicates a growing concern regarding the stock's current valuation, with several experts noting that it appears expensive compared to historical price-to-book ratios. While analysts commend the company for its solid performance and dividend growth, many express a preference for acquiring more direct and potentially less valued assets, like GWO. Recent market trends reflect a mix of sentiment: although the stock exhibited strong momentum and has outperformed many peers, there's caution suggesting a potential correction or pullback could provide a better entry point for new investors. Overall, while the company showcases stability and robust income through dividends, the opinion is divided on the merits of immediate investment at its current price levels.

consensus icon
Consensus
Cautious
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Valuation
Overvalued
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Similar
BAM, BMO
DON'T BUY

Essentially a conglomerate. Derives majority of its value from its equity stakes in GWO and IGM. Typically trades at a 20-25% discount just because of its structure, and this is hard to do away with. He really likes GWO.

BUY

Owns shares in portfolio.
Trades on a NAV basis - currently trading at 24% discount.
Diversified business.
~5% yield is strong.
Good for shareholders looking for yield.


BUY

Very cheap at 7.5x 2024 earnings, 14% estimated growth rate. Insurance companies do well in the current environment. Underlying businesses are good. Own a name like this and get a really nice dividend. Won't hurt you from here.

BUY

His preference to owning its subsidiaries. Simplified company structure. Pretty nice dividend, just over 6%. Longer term, you can hold this one. Discounted price makes it a buying opportunity.

PAST TOP PICK
(A Top Pick Feb 17/22, Down 5%)

Lots of potential, good balance sheet. Nice dividend. FMV is excellent. Needs a catalyst. Yield is 5.3%.

TOP PICK

Good growth in insurance, an industry which took a hit during Covid due to the rise in mortalities. This is fading away. Pays a 5.3% dividend, better than the banks.

(Analysts’ price target is $38.67)
HOLD
Thinks it can narrow the discount on its NAV.
PARTIAL BUY
Trading at a 17% discount to NAV. Cheap, trading at 8x 2023, though Manulife is even lower. They have a lot of cash coming due to a coming sale. So, they will do buybacks. There's little downside ahead. Buy incremental and you will be in a good space years from now.
BUY
It has lots of cash and trades at a 17% discount to NAV. He is modelling 18% earnings growth per share by 2023/2024. A good time to buy.
BUY
POW vs. GWO Holding company. Streamlined structure. Depends if you like the insurance business or not. He prefers to own the top company, rather than the underlying businesses. GWO is a great business. You'll do well with either of them.
Unspecified
A holding company for lifecos, etc. It has a 6% dividend with a NAV of $42 but trading at $32 so therefore discounted. Its structure is not as complicated as it used to be.
PAST TOP PICK
(A Top Pick Sep 07/21, Down 18%) Slow and steady. Decline is more or less in line with financials in general. Yield of 7.9%, modest payout ratio, trades at 1x book value, 11x PE. Depends on your timeline. He owns it for the solid yield.
Unspecified
It has great resources and new management. It is maybe in a clean up phase but the turn-around is very disappointing.
DON'T BUY

EBV negative 3. Market doesn't like something on the balance sheet. Writedowns, perhaps? Where's the catalyst? Yield of 5.5% puts your capital at risk. In a bear market, story stocks like this don't do well. Avoid.

PAST TOP PICK
(A Top Pick Mar 03/21, Up 19%) Rising interest rate will be good for financial companies. At current stock price, wait to buy. Believes more upside in stock price. Will continue to hold.
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