StocksUpdated•Originally published 10 May 2026•Updated 10 May 2026•
1 min read

Intact Financial Valuation Hits Historically Attractive Levels Amid Strong Earnings

Digital illustration of Intact Financial logo above a scale balancing valuation papers and earnings growth documents.

Key Facts

1IFC is trading at 15–16x consensus earnings, which is considered attractive compared to historical multiples.
2In Q1 2026, the company reported an EPS of C$4.13 and an operating ROE of 19.4%.
3Book value per share is projected to grow from C$93 to C$120 by the end of 2026.

Intact Financial (IFC) is currently trading at attractive valuation multiples compared to historical averages, with its P/E ratio ranging between 15x and 16x. The company reported robust financial performance in Q1 2026, posting an EPS of C$4.13 and a strong operating ROE of 19.4%. Projections indicate that the book value per share is set to grow from C$93 to C$120 by the end of 2026. While the stock trades at approximately 2x its book value, analysts view this as a discount relative to the company's typical premium valuation. This bullish outlook is further supported by a solid combined ratio of 91%, reflecting high operational efficiency. These metrics suggest a compelling investment opportunity given the firm's stable and growing earnings profile.