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Manulife Financial Corporation (NYSE: MFC) – Is this large market cap stock undervalued?

Manulife Financial Corporation (NYSE: MFC), is firmly in the large market cap category with market cap of 28936.78. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Manulife Financial Corporation is 14.48 (with a change from open of 0.84%), this in conjunction with a target price of 15.4. Volume today has so far reached 1069926, with an average volume of about 2139.72. The GAP for this stock, is -1.24%.

The P/E ratio is 15.24, bringing the forward P/E to a value of 7.1. The current EPS for Manulife Financial Corporation, is 0.95, with a EPS growth for this year coming to a value of -41.50%. Performance has been interesting with performance year to date coming to 0.16%.

Looking further into the growth statistics for Manulife Financial Corporation, EPS is looking like it will grow 15.84% in the next year. Looking even further it is projected to be 9.80%. Quarter over quarter is 17.80% for EPS growth and for sales growth quarter over quarter it is 2618.50%. Looking at past EPS growth statistics we see that for the past five years it has been 25.10%. Sales growth for the past five years has in fact been -1.80%.

Looking at the ownership, we see that the insider ownership is at *TBA and institutional ownership is 53.70%. Shares outstanding is 1990.15, while shares float is at a value of 1972.45. Float short for Manulife Financial Corporation is 0.43% and the short ratio is 4.

In terms of debt, long term debt/equity is 0.35, while the total debt/equity comes to 0.35. The ability to meet these debts, means that the current ratio is *TBA, and the quick ratio is *TBA. The most recent gross margin is *TBA and their operating margin is 7.40%. The profit margin is 4.20%.

Manulife Financial Corporation has seen returns on assets of 0.40%, and on investment, 7.00%. Return on equity is 6.50%. Price/Earnings to growth ratio is 1.56. Price/Sales ratio is at a value of 0.64, with Price/book ratio coming to 0.98 and Price/cash is 1.83, and finally Price/Free cash Flow is 3.72.

The simple moving averages are 5.37% and 6.49% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -12.30% and the 52 week low is 35.96%.

Manulife Financial Corporation has a dividend yield of 3.85%, with a current price of 14.48. The ability to pay this means the payout ratio is 56.20%. This is in an industry, Life Insurance, with equally high dividends from other companies in this sector, which it is Financial. Manulife Financial Corporation is based in Canada.

Performance in the Life Insurance industry means that Manulife Financial Corporation has seen performance for the past week of 0.14%, with performance for the month coming to 7.70%. Looking at the data for the quarter it is at a value of 6.80%, and for the half year the performance is -8.69%. Volatility for this week is 1.23% and for the month this is 1.76%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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