Manulife Financial Corp Stock Z Score

MFC Stock

USD 23.48 0.11 0.47%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Manulife Financial Piotroski F Score and Manulife Financial Valuation analysis.

At present, Manulife Financial's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Capital Expenditure Coverage Ratio is expected to grow to 1.56, whereas Capital Surpluse is forecasted to decline to about 211.8 M. At present, Manulife Financial's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 5.9 B, whereas Interest Expense is forecasted to decline to about 992.4 M.

Manulife Financial Corp Company Z Score Analysis

Manulife Financial's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Manulife Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Manulife Financial is extremely important. It helps to project a fair market value of Manulife Stock properly, considering its historical fundamentals such as Z Score. Since Manulife Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Manulife Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Manulife Financial's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Retained Earnings	Net Tangible Assets	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.98	-0.52	0.09	0.65	0.66	0.44	0.89	0.73	0.9	0.99	0.71	-0.15	0.86	-0.15	0.95	0.86	0.67	0.61	-0.29	0.56	0.45	0.19	-0.49
Total Stockholder Equity	0.98		-0.52	0.07	0.76	0.73	0.51	0.86	0.75	0.91	0.96	0.77	-0.19	0.86	-0.18	0.95	0.8	0.75	0.64	-0.35	0.61	0.59	0.31	-0.56
Net Debt	-0.52	-0.52		0.2	-0.34	-0.37	-0.56	-0.28	-0.47	-0.38	-0.54	-0.38	0.07	-0.82	0.07	-0.36	-0.5	-0.31	-0.1	0.3	-0.61	-0.5	-0.31	0.51
Total Liab	0.09	0.07	0.2		-0.28	0.21	0.0	0.22	0.31	0.34	0.15	0.12	0.02	0.04	0.0	0.25	0.29	0.16	0.24	-0.34	-0.29	-0.17	0.23	-0.01
Retained Earnings	0.65	0.76	-0.34	-0.28		0.51	0.41	0.5	0.38	0.51	0.63	0.57	-0.18	0.54	-0.18	0.61	0.35	0.54	0.38	-0.14	0.53	0.67	0.29	-0.55
Net Tangible Assets	0.66	0.73	-0.37	0.21	0.51		0.77	0.6	0.82	0.7	0.62	0.97	-0.05	0.66	-0.06	0.72	0.45	0.94	0.85	-0.75	0.74	0.74	0.66	-0.73
Accounts Payable	0.44	0.51	-0.56	0.0	0.41	0.77		0.32	0.76	0.44	0.42	0.64	-0.12	0.55	-0.13	0.43	0.22	0.71	0.56	-0.88	0.86	0.8	0.78	-0.88
Long Term Debt	0.89	0.86	-0.28	0.22	0.5	0.6	0.32		0.76	0.92	0.9	0.63	-0.21	0.74	-0.2	0.93	0.86	0.67	0.72	-0.24	0.46	0.4	0.13	-0.37
Net Receivables	0.73	0.75	-0.47	0.31	0.38	0.82	0.76	0.76		0.82	0.72	0.75	-0.19	0.77	-0.2	0.78	0.67	0.84	0.78	-0.76	0.71	0.7	0.59	-0.66
Good Will	0.9	0.91	-0.38	0.34	0.51	0.7	0.44	0.92	0.82		0.9	0.71	-0.25	0.78	-0.25	0.98	0.84	0.76	0.73	-0.41	0.49	0.48	0.32	-0.44
Short Term Investments	0.99	0.96	-0.54	0.15	0.63	0.62	0.42	0.9	0.72	0.9		0.66	-0.15	0.87	-0.14	0.94	0.89	0.63	0.56	-0.27	0.51	0.42	0.16	-0.46
Long Term Investments	0.71	0.77	-0.38	0.12	0.57	0.97	0.64	0.63	0.75	0.71	0.66		0.04	0.7	0.03	0.75	0.52	0.9	0.81	-0.57	0.69	0.68	0.52	-0.62
Short Long Term Debt	-0.15	-0.19	0.07	0.02	-0.18	-0.05	-0.12	-0.21	-0.19	-0.25	-0.15	0.04		-0.1	1.0	-0.23	0.01	-0.32	-0.3	0.14	-0.18	-0.17	-0.1	0.14
Total Current Assets	0.86	0.86	-0.82	0.04	0.54	0.66	0.55	0.74	0.77	0.78	0.87	0.7	-0.1		-0.09	0.79	0.84	0.63	0.51	-0.35	0.66	0.59	0.31	-0.55
Short Term Debt	-0.15	-0.18	0.07	0.0	-0.18	-0.06	-0.13	-0.2	-0.2	-0.25	-0.14	0.03	1.0	-0.09		-0.23	0.02	-0.32	-0.3	0.15	-0.18	-0.19	-0.14	0.16
Intangible Assets	0.95	0.95	-0.36	0.25	0.61	0.72	0.43	0.93	0.78	0.98	0.94	0.75	-0.23	0.79	-0.23		0.83	0.77	0.74	-0.37	0.52	0.47	0.26	-0.45
Common Stock	0.86	0.8	-0.5	0.29	0.35	0.45	0.22	0.86	0.67	0.84	0.89	0.52	0.01	0.84	0.02	0.83		0.44	0.4	-0.11	0.27	0.24	0.07	-0.19
Property Plant Equipment	0.67	0.75	-0.31	0.16	0.54	0.94	0.71	0.67	0.84	0.76	0.63	0.9	-0.32	0.63	-0.32	0.77	0.44		0.92	-0.71	0.73	0.74	0.58	-0.66
Long Term Debt Total	0.61	0.64	-0.1	0.24	0.38	0.85	0.56	0.72	0.78	0.73	0.56	0.81	-0.3	0.51	-0.3	0.74	0.4	0.92		-0.62	0.67	0.58	0.41	-0.58
Capital Surpluse	-0.29	-0.35	0.3	-0.34	-0.14	-0.75	-0.88	-0.24	-0.76	-0.41	-0.27	-0.57	0.14	-0.35	0.15	-0.37	-0.11	-0.71	-0.62		-0.65	-0.63	-0.78	0.73
Cash And Equivalents	0.56	0.61	-0.61	-0.29	0.53	0.74	0.86	0.46	0.71	0.49	0.51	0.69	-0.18	0.66	-0.18	0.52	0.27	0.73	0.67	-0.65		0.84	0.55	-0.86
Net Invested Capital	0.45	0.59	-0.5	-0.17	0.67	0.74	0.8	0.4	0.7	0.48	0.42	0.68	-0.17	0.59	-0.19	0.47	0.24	0.74	0.58	-0.63	0.84		0.76	-0.83
Capital Stock	0.19	0.31	-0.31	0.23	0.29	0.66	0.78	0.13	0.59	0.32	0.16	0.52	-0.1	0.31	-0.14	0.26	0.07	0.58	0.41	-0.78	0.55	0.76		-0.76
Current Deferred Revenue	-0.49	-0.56	0.51	-0.01	-0.55	-0.73	-0.88	-0.37	-0.66	-0.44	-0.46	-0.62	0.14	-0.55	0.16	-0.45	-0.19	-0.66	-0.58	0.73	-0.86	-0.83	-0.76

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Manulife Financial

Based on the company's disclosures, Manulife Financial Corp has a Z Score of 0.0. This is 100.0% lower than that of the Insurance sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Manulife Financial Current Valuation Drivers

We derive many important indicators used in calculating different scores of Manulife Financial from analyzing Manulife Financial's financial statements. These drivers represent accounts that assess Manulife Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Manulife Financial's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	51.9B	44.1B	47.2B	46.1B	53.7B	29.1B
Enterprise Value	43.2B	31.9B	36.5B	39.3B	46.1B	24.5B

Manulife Financial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Manulife Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Manulife Financial's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Manulife Financial Institutional Holders

Institutional Holdings refers to the ownership stake in Manulife Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Manulife Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Manulife Financial's value.

		Shares
Cibc Global Asset Management Inc	2023-12-31	20.7 M
Legal & General Group Plc	2023-12-31	14.8 M
The Toronto-dominion Bank	2023-12-31	14.8 M
Scotia Capital Inc	2023-12-31	12.8 M
Amundi	2023-12-31	12.5 M
Goldman Sachs Group Inc	2023-12-31	12.4 M
Letko, Brosseau & Associates Inc.	2023-12-31	11.7 M
Wells Fargo & Co	2023-12-31	10.3 M
Harding Loevner L.p.	2023-12-31	10.1 M
Royal Bank Of Canada	2023-12-31	148.8 M
Vanguard Group Inc	2023-12-31	71.6 M

Manulife Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0059
	Profit Margin	0.20 %
	Operating Margin	0.35 %
	Current Valuation	42.45 B
	Shares Outstanding	1.81 B
	Shares Owned By Insiders	0.02 %
	Shares Owned By Institutions	57.00 %
	Number Of Shares Shorted	7.52 M
	Price To Earning	7.46 X
	Price To Book	1.41 X
	Price To Sales	1.55 X
	Revenue	42.31 B
	Gross Profit	17.65 B
	EBITDA	4.1 B
	Net Income	5.61 B
	Cash And Equivalents	19.15 B
	Cash Per Share	14.56 X
	Total Debt	12.74 B
	Debt To Equity	0.43 %
	Current Ratio	7.04 X
	Book Value Per Share	24.80 X
	Cash Flow From Operations	20.42 B
	Short Ratio	3.41 X
	Earnings Per Share	1.90 X
	Price To Earnings To Growth	1.03 X
	Target Price	26.27
	Number Of Employees	38 K
	Beta	1.09
	Market Capitalization	42.49 B
	Total Asset	875.57 B
	Retained Earnings	4.82 B
	Annual Yield	0.05 %
	Five Year Return	4.48 %
	Net Asset	875.57 B
	Last Dividend Paid	1.46

About Manulife Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Manulife Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manulife Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manulife Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Manulife Financial Investors Sentiment

The influence of Manulife Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Manulife. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Manulife Financial's public news can be used to forecast risks associated with an investment in Manulife. The trend in average sentiment can be used to explain how an investor holding Manulife can time the market purely based on public headlines and social activities around Manulife Financial Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Manulife Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Manulife Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Manulife Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Manulife Financial.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Manulife Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Manulife Financial's short interest history, or implied volatility extrapolated from Manulife Financial options trading.

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When determining whether Manulife Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manulife Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manulife Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manulife Financial Corp Stock:

How To Invest In Manulife

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Is Manulife Stock a good investment?

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What is Manulife Financial's Net Worth?

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Check out Manulife Financial Piotroski F Score and Manulife Financial Valuation analysis.

Note that the Manulife Financial Corp information on this page should be used as a complementary analysis to other Manulife Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Manulife Stock analysis

When running Manulife Financial's price analysis, check to measure Manulife Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manulife Financial is operating at the current time. Most of Manulife Financial's value examination focuses on studying past and present price action to predict the probability of Manulife Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manulife Financial's price. Additionally, you may evaluate how the addition of Manulife Financial to your portfolios can decrease your overall portfolio volatility.

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Is Manulife Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manulife Financial. If investors know Manulife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manulife Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.961

Dividend Share

1.46

Earnings Share

1.9

Revenue Per Share

14.856

Quarterly Revenue Growth

3.903

The market value of Manulife Financial Corp is measured differently than its book value, which is the value of Manulife that is recorded on the company's balance sheet. Investors also form their own opinion of Manulife Financial's value that differs from its market value or its book value, called intrinsic value, which is Manulife Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manulife Financial's market value can be influenced by many factors that don't directly affect Manulife Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Manulife Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manulife Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manulife Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Manulife Financial Corp Stock Z Score

Manulife Financial Corp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Manulife Z Score Driver Correlations

Manulife Financial Current Valuation Drivers

Manulife Financial ESG Sustainability

Manulife Financial Institutional Holders

Manulife Fundamentals

About Manulife Financial Fundamental Analysis

Manulife Financial Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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