- Sun Life is trading at a fair valuation of 14.2x TTM P/E and is still 14.5% off of 52-week highs.
- Sun Life's results have been resilient throughout COVID with an underlying net income of $842 million reported in Q3 2020, an increase of $33 million (4.1%) from the prior year.
- At the current valuation, Sun Life looks able to return 6.7% based on an investors' adjusted ROE analysis.
- With a sustainable growth rate calculated to be 4.4%, this could potentially increase returns up to 11.1% if the company is able to continue to grow globally as it has done in the past.
For further details see:
Sun Life: A Bright Opportunity At 14.2x TTM P/E