Q: Could you compare MFC and Power Co?
5i Research Answer:
MFC is $75B market cap, 11.3X earnings, 3.80% dividend (with recent growth), up 75% in the past year, with about 8% earnings growth expected in 2025. POW is $28B, 9.7X earnings, 5.08% yield again with some dividend growth, up 34% in the past year and expected EPS growth of about 9%. We like MFC better, with a stronger industry (less margin pressure) and many opportunities outside of Canada.