IGM Financial Inc.
IGM Financial Inc. engages in the wealth and asset management business in Canada. The company provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors; and administrative services. It also offers insurance and banking products and services. The company was incorporated in 1978 and is based in Winnipeg, Canada. IGM Financ… Read more
IGM Financial Inc. (IGIFF) - Net Assets
Latest net assets as of December 2025: $9.04 Billion USD
Based on the latest financial reports, IGM Financial Inc. (IGIFF) has net assets worth $9.04 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($22.40 Billion) and total liabilities ($13.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.04 Billion |
| % of Total Assets | 40.35% |
| Annual Growth Rate | 9.55% |
| 5-Year Change | 39.03% |
| 10-Year Change | 90.41% |
| Growth Volatility | 33.58 |
IGM Financial Inc. - Net Assets Trend (1993–2025)
This chart illustrates how IGM Financial Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IGM Financial Inc. (1993–2025)
The table below shows the annual net assets of IGM Financial Inc. from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $9.04 Billion | +14.84% |
| 2024-12-31 | $7.87 Billion | +17.11% |
| 2023-12-31 | $6.72 Billion | +9.63% |
| 2022-12-31 | $6.13 Billion | -5.71% |
| 2021-12-31 | $6.50 Billion | +28.92% |
| 2020-12-31 | $5.04 Billion | +12.08% |
| 2019-12-31 | $4.50 Billion | -2.23% |
| 2018-12-31 | $4.60 Billion | -4.63% |
| 2017-12-31 | $4.83 Billion | +1.65% |
| 2016-12-31 | $4.75 Billion | +0.42% |
| 2015-12-31 | $4.73 Billion | +0.16% |
| 2014-12-31 | $4.72 Billion | +0.25% |
| 2013-12-31 | $4.71 Billion | +6.03% |
| 2012-12-31 | $4.44 Billion | -53.25% |
| 2011-12-31 | $9.50 Billion | +120.01% |
| 2010-12-31 | $4.32 Billion | -2.43% |
| 2009-12-31 | $4.42 Billion | +6.65% |
| 2008-12-31 | $4.15 Billion | -8.27% |
| 2007-12-31 | $4.52 Billion | +8.27% |
| 2006-12-31 | $4.18 Billion | +9.79% |
| 2005-12-31 | $3.81 Billion | +8.48% |
| 2004-12-31 | $3.51 Billion | +8.91% |
| 2003-12-31 | $3.22 Billion | +9.16% |
| 2002-12-31 | $2.95 Billion | +9.61% |
| 2001-12-31 | $2.69 Billion | +145.54% |
| 2000-12-31 | $1.10 Billion | +13.38% |
| 1999-12-31 | $966.90 Million | +13.63% |
| 1998-12-31 | $850.90 Million | +13.88% |
| 1997-12-31 | $747.20 Million | +12.53% |
| 1996-12-31 | $664.00 Million | +11.00% |
| 1995-12-31 | $598.20 Million | +10.86% |
| 1994-12-31 | $539.60 Million | +10.62% |
| 1993-12-31 | $487.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IGM Financial Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2287.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.17 Billion | 57.76% |
| Common Stock | $1.87 Billion | 20.87% |
| Other Comprehensive Income | $1.86 Billion | 20.79% |
| Other Components | $50.72 Million | 0.57% |
| Total Equity | $8.94 Billion | 100.00% |
IGM Financial Inc. Competitors by Market Cap
The table below lists competitors of IGM Financial Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Constellium SE
F:3OK
|
$2.50 Billion |
|
Guangdong Dowstone Technology Co Ltd
SHE:300409
|
$2.50 Billion |
|
The Hachijuni Bank Ltd
OTCGREY:HACBF
|
$2.50 Billion |
|
Perseus Mining Limited
PINK:PMNXF
|
$2.51 Billion |
|
Autohome Inc
NYSE:ATHM
|
$2.50 Billion |
|
KYNDRYL HLDGS INC. DL-01
F:7XU
|
$2.50 Billion |
|
Hankook Tire Co.
KO:161390
|
$2.50 Billion |
|
Central Puerto S.A.
NYSE:CEPU
|
$2.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IGM Financial Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,800,775,000 to 8,944,327,000, a change of 1,143,552,000 (14.7%).
- Net income of 1,100,969,000 contributed positively to equity growth.
- Dividend payments of 532,920,000 reduced retained earnings.
- Share repurchases of 293,806,000 reduced equity.
- New share issuances of 119,707,000 increased equity.
- Other comprehensive income increased equity by 789,901,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.10 Billion | +12.31% |
| Dividends Paid | $532.92 Million | -5.96% |
| Share Repurchases | $293.81 Million | -3.28% |
| Share Issuances | $119.71 Million | +1.34% |
| Other Comprehensive Income | $789.90 Million | +8.83% |
| Other Changes | $-40.30 Million | -0.45% |
| Total Change | $- | 14.66% |
Book Value vs Market Value Analysis
This analysis compares IGM Financial Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.77x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 12.31x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $2.36 | $29.04 | x |
| 1994-12-31 | $2.55 | $29.04 | x |
| 1995-12-31 | $2.88 | $29.04 | x |
| 1996-12-31 | $3.11 | $29.04 | x |
| 1997-12-31 | $3.55 | $29.04 | x |
| 1998-12-31 | $4.02 | $29.04 | x |
| 1999-12-31 | $4.60 | $29.04 | x |
| 2000-12-31 | $5.22 | $29.04 | x |
| 2001-12-31 | $10.80 | $29.04 | x |
| 2002-12-31 | $11.14 | $29.04 | x |
| 2003-12-31 | $12.15 | $29.04 | x |
| 2004-12-31 | $13.19 | $29.04 | x |
| 2005-12-31 | $14.27 | $29.04 | x |
| 2006-12-31 | $15.62 | $29.04 | x |
| 2007-12-31 | $16.92 | $29.04 | x |
| 2008-12-31 | $15.67 | $29.04 | x |
| 2009-12-31 | $16.74 | $29.04 | x |
| 2010-12-31 | $16.42 | $29.04 | x |
| 2011-12-31 | $17.33 | $29.04 | x |
| 2012-12-31 | $17.39 | $29.04 | x |
| 2013-12-31 | $18.65 | $29.04 | x |
| 2014-12-31 | $18.67 | $29.04 | x |
| 2015-12-31 | $19.04 | $29.04 | x |
| 2016-12-31 | $19.66 | $29.04 | x |
| 2017-12-31 | $20.03 | $29.04 | x |
| 2018-12-31 | $19.10 | $29.04 | x |
| 2019-12-31 | $18.81 | $29.04 | x |
| 2020-12-31 | $20.96 | $29.04 | x |
| 2021-12-31 | $26.87 | $29.04 | x |
| 2022-12-31 | $25.37 | $29.04 | x |
| 2023-12-31 | $27.94 | $29.04 | x |
| 2024-12-31 | $32.84 | $29.04 | x |
| 2025-12-31 | $37.70 | $29.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IGM Financial Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.81%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.50x
- Recent ROE (12.31%) is below the historical average (16.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 14.41% | 13.90% | 0.26x | 4.00x | $21.52 Million |
| 1994 | 15.68% | 15.57% | 0.29x | 3.46x | $30.64 Million |
| 1995 | 16.33% | 16.87% | 0.30x | 3.18x | $37.88 Million |
| 1996 | 17.70% | 17.10% | 0.35x | 2.95x | $51.10 Million |
| 1997 | 19.74% | 17.32% | 0.48x | 2.36x | $72.78 Million |
| 1998 | 22.13% | 19.31% | 0.54x | 2.11x | $103.21 Million |
| 1999 | 24.37% | 22.47% | 0.58x | 1.87x | $138.91 Million |
| 2000 | 25.91% | 23.73% | 0.60x | 1.81x | $174.40 Million |
| 2001 | 10.19% | 15.51% | 0.29x | 2.29x | $5.17 Million |
| 2002 | 17.35% | 26.38% | 0.32x | 2.03x | $216.76 Million |
| 2003 | 17.38% | 29.63% | 0.30x | 1.95x | $237.70 Million |
| 2004 | 17.59% | 29.12% | 0.33x | 1.85x | $266.34 Million |
| 2005 | 17.93% | 29.07% | 0.34x | 1.79x | $301.91 Million |
| 2006 | 18.59% | 29.82% | 0.36x | 1.76x | $358.92 Million |
| 2007 | 19.44% | 30.37% | 0.37x | 1.74x | $426.84 Million |
| 2008 | 17.61% | 27.39% | 0.32x | 1.99x | $315.91 Million |
| 2009 | 12.64% | 24.02% | 0.27x | 1.95x | $116.61 Million |
| 2010 | 17.16% | 28.40% | 0.21x | 2.83x | $309.08 Million |
| 2011 | 20.26% | 34.28% | 0.24x | 2.48x | $460.60 Million |
| 2012 | 17.29% | 30.64% | 0.21x | 2.69x | $323.66 Million |
| 2013 | 16.37% | 29.69% | 0.20x | 2.74x | $299.99 Million |
| 2014 | 16.15% | 26.92% | 0.20x | 3.06x | $290.18 Million |
| 2015 | 16.51% | 26.76% | 0.20x | 3.14x | $307.87 Million |
| 2016 | 16.42% | 26.50% | 0.19x | 3.29x | $304.63 Million |
| 2017 | 12.66% | 19.97% | 0.19x | 3.42x | $128.26 Million |
| 2018 | 16.87% | 25.04% | 0.20x | 3.39x | $316.01 Million |
| 2019 | 16.65% | 23.95% | 0.20x | 3.42x | $299.04 Million |
| 2020 | 15.31% | 24.26% | 0.20x | 3.22x | $265.02 Million |
| 2021 | 15.18% | 27.29% | 0.20x | 2.74x | $333.97 Million |
| 2022 | 14.30% | 27.54% | 0.17x | 3.09x | $260.93 Million |
| 2023 | 17.25% | 36.06% | 0.17x | 2.80x | $482.85 Million |
| 2024 | 11.97% | 26.73% | 0.17x | 2.65x | $153.44 Million |
| 2025 | 12.31% | 28.81% | 0.17x | 2.50x | $206.54 Million |
Industry Comparison
This section compares IGM Financial Inc.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $505,123,774
- Average return on equity (ROE) among peers: -2.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IGM Financial Inc. (IGIFF) | $9.04 Billion | 14.41% | 1.48x | $2.50 Billion |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $87.10 Million | 97.59% | 7.07x | $1.38 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 15.33% | 0.00x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $1.11 Billion | 1.70% | 0.06x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $317.00 Million | -43.61% | 0.05x | $72.80K |
| AGF Management Limited (AGFMF) | $1.02 Billion | 17.11% | 0.33x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $2.71 Million |