IGM Financial Inc. (IGM.TO) stock analysis

In our weekly check, IGM Financial Inc. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3.

About IGM Financial Inc.

IGM Financial Inc. is a Financial Services company (Asset Management) based in Canada, listed on TSX as IGM.TO.

What our checks show for IGM.TO

Red flags

• The gross margin fell by 16 points, to 32.6%: costs are rising faster than prices.
• The stock has fallen as much as 63% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 5.5 years.

Warning signs

• Net debt is 3.6x a year of EBITDA (debt/equity 0.83). That limits room in a downturn and raises refinancing risk.
• Analysts expect the net margin to shrink by 0.2 points from today's 29.8%.
• Thinly traded (about 406 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is only 6.4%.

Strengths

• Operating profit covers interest 9.9 times over.
• The net margin rose by 2.5 points over 5 years, to 29.8%.
• Analysts expect earnings per share to grow about 12.5% a year over the next years.
• Earnings per share grew 10.9% a year over the last 3 years.
• Net profit grew 10.4% a year over the last 3 years.
• The company keeps 29.8% of its revenue as net profit.

Next earnings report: 2026-11-05

Similar companies

AMUN.PA · TPG · PGHN.SW · TROW · LGEN.L

Questions

What grade does IGM Financial Inc. (IGM.TO) have?

In our weekly check, IGM Financial Inc. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of IGM.TO stock?

This week's biggest flags for IGM Financial Inc.: Gross margin falling, Deep past fall, Slow recovery after falls. In total 7 of 25 checks show a warning or a red flag.

What does IGM Financial Inc. do?

IGM Financial Inc. is a Financial Services company (Asset Management) based in Canada, listed on TSX as IGM.TO.

When does IGM Financial Inc. report earnings next?

The next earnings report is expected on 2026-11-05. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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