It hasn't been a great morning session for Sun Life Financial investors, who have watched their shares sink by -7.4% to a price of $54.64. Some of you might be wondering if it's time to buy the dip. If you are considering this, make sure to check the company's fundamentals first to determine if the shares are fairly valued at today's prices.
Sun Life Financial Has Attractive P/B and P/E Ratios:
Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company belongs to the Finance sector, which has an average price to earnings (P/E) ratio of 20.04 and an average price to book (P/B) ratio of 1.86. In contrast, Sun Life Financial has a trailing 12 month P/E ratio of 12.8 and a P/B ratio of 1.33.
Sun Life Financial has moved 10.4% over the last year compared to 20.3% for the S&P 500 — a difference of -10.0%. Sun Life Financial has a 52 week high of $62.85 and a 52 week low of $46.41.
Generally Positive Cash Flows and a Positive EPS Growth Rate:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $26,997 | $39,679 | $43,337 | $35,688 | $5,769 | $40,943 |
| Interest Income (M) | $305 | $333 | $355 | $327 | $445 | $552 |
| Net Margins | 11% | 7% | 6% | 12% | 53% | 8% |
| Net Income (M) | $2,914 | $2,947 | $2,792 | $4,370 | $3,080 | $3,469 |
| Earnings Per Share | $4.14 | $4.4 | $4.1 | $6.69 | $4.89 | $5.26 |
| EPS Growth | n/a | 6.28% | -6.82% | 63.17% | -26.91% | 7.57% |
| Free Cash Flow (M) | $3,834 | $2,474 | $7,253 | -$1,857 | $4,311 | $5,612 |
