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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

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