Canadian Life Companies Split Corp. Class A (TSE:LFE)
TSX:LFE
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Canadian Life Companies Split Corp. Class A
(TSX:LFE)
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Rating:54Neutral
Price Target:
C$8.00
▲(5.12% Upside)
Action:DowngradedDate:03/04/26
The score is held back primarily by uneven financial performance (volatile earnings, sharp 2025 revenue decline, meaningful leverage, and weak 2025 cash-flow quality) and weak technical momentum. These risks are partially offset by attractive valuation metrics, including a low P/E and a very high dividend yield.
Positive Factors
Dividend-driven income from insurer portfolio
The fund’s core economic model is recurring dividend income from a basket of large Canadian life insurers. That steady income stream is a durable source to support distributions and expenses, smoothing returns versus pure capital-only strategies over multi-month horizons.
Negative Factors
Elevated financial leverage
Meaningful leverage (debt/equity >1x historically) increases sensitivity to declines in the underlying portfolio and rising funding costs. Over months, leverage can force asset sales, compress distributions, or require capital actions if insurer-equity values fall.
Read all positive and negative factors
Positive Factors
Negative Factors
Dividend-driven income from insurer portfolio
The fund’s core economic model is recurring dividend income from a basket of large Canadian life insurers. That steady income stream is a durable source to support distributions and expenses, smoothing returns versus pure capital-only strategies over multi-month horizons.
Read all positive factors
Canadian Life Companies Split Corp. Class A (LFE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
N/A
Dividend Yield16.43%
Average Volume (3M)83.56K
Price to Earnings (P/E)0.9
Beta (1Y)1.36
Revenue Growth-49.30%
EPS Growth-54.15%
CountryCA
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)1.74
Shares Outstanding20,872,688
10 Day Avg. Volume96,848
30 Day Avg. Volume83,557
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.70
Price to Sales (P/S)7.89
P/FCF Ratio16.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Canadian Life Companies Split Corp. Class A Business Overview & Revenue Model
Company Description
Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the...
How the Company Makes Money
The corporation’s economic returns are generated primarily from (1) dividend income received on its underlying portfolio of Canadian life insurer equities and (2) changes in the market value of those holdings (capital gains or losses), which toget...
Canadian Life Companies Split Corp. Class A Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
52
Neutral
Cash Flow
45
Neutral
| Breakdown | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 10.41M | 55.94M | 8.22M | 9.95M | 8.51M |
| Gross Profit | 8.68M | 54.77M | 6.77M | 8.52M | 6.91M |
| EBITDA | 30.82M | 54.10M | -77.81K | 3.22M | 26.95M |
| Net Income | 21.57M | 45.58M | 11.74M | 3.43M | 18.67M |
Balance Sheet | |||||
| Total Assets | 285.94M | 193.96M | 167.87M | 170.81M | 174.85M |
| Cash, Cash Equivalents and Short-Term Investments | 284.38M | 12.64M | 166.17M | 20.41M | 172.75M |
| Total Debt | 165.53M | 107.13M | 116.24M | 124.73M | 124.35M |
| Total Liabilities | 168.74M | 109.33M | 117.52M | 128.75M | 125.25M |
| Stockholders Equity | 117.20M | 84.63M | 50.35M | 42.07M | 49.60M |
Cash Flow | |||||
| Free Cash Flow | 4.94M | 31.77M | 10.05M | 20.02M | 25.65M |
| Operating Cash Flow | 4.94M | 31.77M | 10.05M | 20.02M | 25.65M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 62.77M | -28.00M | -21.53M | -10.43M | -21.38M |
Canadian Life Companies Split Corp. Class A Technical Analysis
Positive
7.61
Price Trends
7.00
Positive
6.99
Positive
6.36
Positive
Market Momentum
0.13
Negative
68.45
Neutral
90.26
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LFE, the sentiment is Positive. The current price of 7.61 is above the 20-day moving average (MA) of 7.02, above the 50-day MA of 7.00, and above the 200-day MA of 6.36, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 68.45 is Neutral, neither overbought nor oversold. The STOCH value of 90.26 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LFE.
Canadian Life Companies Split Corp. Class A Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | C$7.26M | 0.92 | 42.23% | 7.52% | -51.64% | -29.34% | |
65 Neutral | C$18.22M | 1.48 | 49.20% | 1.96% | ― | 1398.26% | |
63 Neutral | C$44.67M | ― | 26.15% | 10.21% | 184.08% | -45.01% | |
56 Neutral | C$114.31M | ― | -7.26% | 17.81% | 109.66% | ― | |
54 Neutral | ― | 0.91 | 61.60% | 16.43% | -49.30% | -54.15% | |
| ― | C$25.52M | ― | 46.99% | 8.54% | 226.71% | 115.90% |
* Financial Sector Average
TSE:LFE
Canadian Life Companies Split Corp. Class A
7.50
2.40
46.94%
TSE:ELC
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0.68
0.33
94.29%
TSE:PDV
Prime Dividend Cl A
12.68
5.19
69.23%
TSE:RS
Real Estate & E-Commerce Split Corp. Class A
9.93
1.83
22.61%
TSE:BNK
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TSE:PWI
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66.85%
Canadian Life Companies Split Corp. Class A Corporate Events
Dividends
Canadian Life Companies Split Corp. Announces Monthly Distributions for Class A and Preferred Shares
Positive
Mar 18, 2026
Canadian Life Companies Split Corp., an investment vehicle dedicated to a portfolio of four leading Canadian life insurance companies, offers distinct Class A and Preferred shares to cater to different income and risk preferences. Its structure is...
Dividends
Canadian Life Companies Split Corp. Announces Monthly Dividends for Class A and Preferred Shares
Positive
Feb 19, 2026
Canadian Life Companies Split Corp., which invests in a portfolio of four leading Canadian life insurance companies through a split-share structure, has established itself as a vehicle for income-focused investors in the financial services sector....
Private Placements and Financing
Canadian Life Companies Split Corp. Raises $60.1 Million in Overnight Share Offering
Positive
Feb 11, 2026
Canadian Life Companies Split Corp. has completed an overnight offering of Preferred Shares and Class A Shares, raising total gross proceeds of $60.1 million. The new shares, offered at $10.45 for Preferred and $7.65 for Class A, will trade on the...
Private Placements and Financing
Canadian Life Companies Split Corp. Raises $60 Million in Overnight Equity Offering
Positive
Feb 4, 2026
Canadian Life Companies Split Corp. has completed the overnight marketing of a combined Preferred Share and Class A Share offering on the TSX, raising expected gross proceeds of about $60.1 million, with National Bank Financial Inc. acting as lead...
Business Operations and StrategyPrivate Placements and Financing
Canadian Life Companies Split Corp. Launches Overnight Offering of Preferred and Class A Shares
Positive
Feb 3, 2026
Canadian Life Companies Split Corp. has launched an overnight offering of its Preferred Shares and Class A Shares, led by National Bank Financial, with pricing set at $10.45 per Preferred Share and $7.65 per Class A Share, modestly below their lat...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.