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Definity Financial Corporation
Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, and pet insurance products to individuals under the Economical, Sonnet, Family, and Petline brands; and commercial insurance products, includes fleet, commercial auto, property, liability, and specialty insurance products to businesses. The company distributes its products on a primarily intermediated basis and through brokers, as well as directly to customers. It markets its commercial insurance products to small businesses and mid-market companies. The company was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.
Market Cap
CAD 8.2B
Volume
166.2K
Cash and Equivalents
CAD 238.2M
EBITDA
CAD 839.4M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
CAD 1.8B
Profit Margin
29.91%
52 Week High
CAD 82.59
52 Week Low
CAD 61.87
Dividend
1.26%
Price / Book Value
1.95
Price / Earnings
17.82
Price / Tangible Book Value
5.18
Enterprise Value
CAD 9.9B
Enterprise Value / EBITDA
11.69
Operating Income
CAD 771.9M
Return on Equity
11.29%
Return on Assets
4.43
Cash and Short Term Investments
CAD 293.6M
Debt
CAD 1.7B
Equity
CAD 4.5B
Revenue
CAD 6.0B
Unlevered FCF
CAD 4.1B
Sector
Insurance
Category
N/A