
TSE:POW
This summary was created by AI, based on 21 opinions in the last 12 months.
Power Corp (POW-T) has garnered mixed reviews from various experts in the investment community, highlighting a blend of positive growth potential but also some concerns regarding its valuation. Several analysts note the company's strong performance over the past few years, supported by a solid dividend yield and growth in its main assets, such as Great-West Life and Investors Group. However, there is a consensus that the stock is currently seen as somewhat expensive, especially when compared to historical price-to-book ratios and the overall market landscape. Some experts recommend waiting for a pullback to enter the stock, while others suggest nibbling on shares for long-term gains. The general sentiment indicates a stable investment with reasonable upside, but caution is advised due to its potentially elevated valuation at this time.
A financial holding company that is the major holder of Power Financial. Power Financial has Great West Life and IGM Financial under them. The double stacked holding company offers a discount. In terms of the underlying assets, they are very positive. Great West Life pays a good dividend. He is less enthused by IGM Financial.
Canadian insurance held up remarkably well during the lockdown. POW owns 80% of Great-West Life which was up 26% in earnings. He projects an 8% growth rate. POW is super cheap at 7.3x 2022, and pays a 7% dividend with a 54% payout ratio. Trades at a NAV discount of 28% instead of the usual 19%. It will be a steady eddy in coming years. (Analysts’ price target is $28.06)
Has Great West Life instead. POW has quite the dividend yield. Not a bad PE. Price to book is below book value. Low interest rates are impacting these companies, and it's going to be lower for longer. He wants dividend growth and capital appreciation. This is a value play, which hasn't worked out for quite some time.
You could sit and wait to do the share swop from Power Financial into Power Corp. The two companies have been performing the same. The WestJet acquisition fits into their other subsidiaries. WestJet will be a private company and it won't be posting numbers going forwards.
A value play within a value play, which is the financial sector. It has lagged significantly both YTD and in the recent recovery. You get life insurance, Great West Life, and asset management. The company isn't in danger but there are better opportunities elsewhere.