Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name. 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, as well as various targeted segments. 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.
Metrics to compare | DFY | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipDFYPeersSector | |
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P/E Ratio | 16.0x | 11.8x | 8.6x | |
PEG Ratio | −12.68 | 0.23 | 0.03 | |
Price/Book | 2.1x | 1.5x | 1.0x | |
Price / LTM Sales | 1.5x | 1.4x | 2.7x | |
Upside (Analyst Target) | −2.2% | 2.0% | 14.0% | |
Fair Value Upside | Unlock | 9.3% | 3.2% | Unlock |