
TSE:SLF
This summary was created by AI, based on 12 opinions in the last 12 months.
Sun Life Financial Inc (SLF) has shown mixed performance, with a consensus among analysts leaning towards cautious optimism. Several experts noted that SLF is currently trading at a lower price-to-earnings (PE) ratio than Canadian banks, indicating it could be undervalued despite presenting moderate growth prospects. The company's recent quarter showed stability in areas like institutional business, though the retail segment faced challenges. Concerns were raised about the profitability of its dental business in the U.S., which could impact future earnings. Despite these challenges, long-term prospects appear favorable due to exposure to significant markets in Asia and a robust yield, suggesting that SLF remains a solid pick for dividend growth.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A good, defensive company. Reasonable in valuation. They could see some benefit from interest rates. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Their purchase of DentaQuest is a horizontal acquisition. It does give them more access to the US market. It adds diversification to SLF and strengthens their bottom and top lines. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is cheap at 10x earnings and pays good, growing dividends. EPS is in the range of 10% for 2022. Higher interest rates will help the company. A better short term growth rate is expected. Unlock Premium - Try 5i Free
SLF vs. MFC Equally good. Prefers MFC for the great Asian franchise, which has a lot of opportunity. MFC has a great asset management business that has continued to do well, great growth profile, and a cheaper multiple. MFC gets the nod, but you can own both. They're great businesses that will continue to pay a good dividend for many years.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Looks to have faster growth compared to its competitors. It survived the 2008 crisis better than MFC. It is still cheap. A slight premium valuation due to perception as a better company. Good dividend growth record. Unlock Premium - Try 5i Free
SLF vs. MFC With increasing interest rates, either makes a lot of sense right now. He owns SLF. With MFC, you get about twice the exposure to the Asian market. SLF has more exposure to Canada. MFC has more beta, higher dividend, a bit cheaper. With the Asian recovery, MFC could perform a bit better. SLF gives you more stability. SLF yield is 3.5%. MFC yield is 4.5%