Sun Life Financial Inc.
Sun Life Financial Inc. is a financial services company that provides insurance, wealth management, asset management, and health solutions to individual and corporate clients. Sun Life Financial Inc. serves customers across Canada, the United States, Europe, and Asia through a broad range of offerings that include life and health insurance, group benefits, retirement and pension products, mutual funds, segregated funds, annuities, and institutional asset management. The company also supports employers and organizations with protection and savings solutions designed to address long-term financial security needs. Its business is organized around insurance and asset management activities, making it an important provider of protection, savings, and investment-related services in global financial markets. Headquartered in Toronto, Canada, Sun Life Financial Inc. operates as one of the major diversified financial institutions in the life insurance and wealth management industry.
C$112.30
+C$0.84 (+0.75%)
EOD Oct 16, 2026
Net margin is thin at 9.84%. This may reflect rising credit costs, rate compression, or operational inefficiency.
Revenue grew 11.5% YoY.
At 18x earnings, the multiple is above the banking sector average. Financials rarely sustain elevated multiples through credit cycles.
18.2x earnings. Above the financial-sector median (~13x). The market is pricing in above-average returns or growth, any credit deterioration would compress the multiple quickly.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$40.60B
▲ +11.5% YoY
Net Income (TTM)
C$3.60B
▲ +14.6% YoY
Net Margin
8.87%
P/E
18.2x
Balance Sheet
Total Assets
C$398.45B
Equity
C$25.49B
Total Debt
C$18.79B
Cash & Equiv.
C$27.93B
3Y CAGR: +229.4%
Continue Research
Is Sun Life Financial (SLF) overvalued?
At a P/E of 18.2 and a price-to-free-cash-flow of 13.8, Sun Life Financial (SLF) trades below a two-stage DCF intrinsic value of about C$157.12 per share, so at C$112.30 the stock looks undervalued (39.9% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Sun Life Financial scores 71/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.3%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Sun Life Financial's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about C$157.12 per share for SLF, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around C$117.84. At today's C$112.30, that puts the stock about 39.9% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Sun Life Financial a high-quality business?+
Sun Life Financial scores 71 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Sun Life Financial (SLF) pay a dividend, and how much?+
Yes, Sun Life Financial pays a regular dividend of about C$3.71 per share per year (typically in quarterly installments), a yield of roughly 3.3% at the current price. That is a payout ratio of about 57.7% of earnings, so the dividend is well covered. Sun Life Financial has grown the dividend at roughly 8.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For SLF's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Sun Life Financial a good stock to buy right now?+
That depends on valuation and quality together, not either alone. SLF currently trades below its estimated intrinsic value and scores 71/100 on quality (solid). It also yields about 3.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Insurance - Diversified
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.