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FNF vs. MFC: Fidelity National Financial vs. Manulife Financial Stock Comparison

How do Fidelity National Financial (FNF) and Manulife Financial (MFC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Fidelity National Financial (FNF) and Manulife Financial (MFC) both belong to the Insurance industry, though FNF is classified under Property & Casualty Insurance while MFC falls under Life & Health Insurance.

Company profile comparison for Fidelity National Financial (FNF) and Manulife Financial (MFC)
Profile ItemFNFMFC
NameFidelity National Financial, Inc.Manulife Financial Corporation
Country/RegionUnited StatesCanada
GICS SectorFinancialsFinancials
GICS Industry GroupInsuranceInsurance
GICS IndustryInsuranceInsurance
GICS Sub-IndustryProperty & Casualty InsuranceLife & Health Insurance
Market Capitalization11.76 billion USD71.43 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 14, 2005September 24, 1999
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FNF
MFC
GSPC
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Fidelity National Financial (FNF) and Manulife Financial (MFC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Fidelity National Financial (FNF) and Manulife Financial (MFC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Fidelity National Financial (FNF) and Manulife Financial (MFC)
MetricFNFMFC
Total Return (1Y)-16.26%36.28%
Total Return (3Y, Annualized)5.52%38.35%
Total Return (5Y, Annualized)2.84%22.50%

Risk Profile

Drawdown History

FNF
MFC
GSPC
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Fidelity National Financial (FNF) and Manulife Financial (MFC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Fidelity National Financial (FNF) and Manulife Financial (MFC)
MetricFNFMFC
Volatility (1Y, Annualized)27.95%20.87%
Beta (5Y)0.910.85
Max Drawdown (5Y)-36.69%-26.99%
Avg. Volume (3M)2.46M1.92M

Risk-Adjusted Performance

Risk-Return Positioning

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FNF and MFC are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Fidelity National Financial (FNF) and Manulife Financial (MFC)
MetricFNFMFC
Sharpe Ratio (1Y)-0.731.53
Sortino Ratio (1Y)-1.002.19

Profitability

ROE (TTM)

Both Fidelity National Financial (FNF) at 15.10% and Manulife Financial (MFC) at 12.24% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

FNF

Insurance industry group

15.10%

Max
41.68%
Q3
22.04%
FNF
15.10%
Median
14.81%
Q1
8.79%
Min
-10.66%

MFC

Insurance industry group

12.24%

Max
41.68%
Q3
22.04%
Median
14.81%
MFC
12.24%
Q1
8.79%
Min
-10.66%
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their ROE against the Insurance industry group benchmark.

Net Margin (TTM)

Manulife Financial (MFC) at 18.97% retains a top-quartile share of revenue as profit, ahead of Fidelity National Financial (FNF) at 7.00%, which keeps about the industry-typical share.

FNF

Insurance industry group

7.00%

Max
29.92%
Q3
17.03%
Median
10.97%
FNF
7.00%
Q1
6.21%
Min
-4.68%

MFC

Insurance industry group

18.97%

Max
29.92%
MFC
18.97%
Q3
17.03%
Median
10.97%
Q1
6.21%
Min
-4.68%
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their net margin against the Insurance industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Fidelity National Financial (FNF) in Insurance and Manulife Financial (MFC) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Fidelity National Financial (FNF) and Manulife Financial (MFC)
MetricFNFMFC
ROE (TTM)15.10%12.24%
ROA (TTM)1.54%0.59%
Net Margin (TTM)7.00%18.97%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Only one side can be read here: Fidelity National Financial (FNF) reports revenue growth of 5.88%, ranked against its industry; Manulife Financial (MFC) has no revenue growth figure this period.

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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Manulife Financial (MFC) at 8.10% is around its peer norm for EPS growth, while Fidelity National Financial (FNF) at -52.47% drops into the bottom quartile, signaling weaker earnings momentum.

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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Fidelity National Financial (FNF) and Manulife Financial (MFC)
MetricFNFMFC
Revenue Growth (YoY)5.88%--
Revenue Growth (3Y CAGR)7.27%29.95%
EPS Growth (YoY)-52.47%8.10%
EPS Growth (3Y CAGR)-18.62%-5.86%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Fidelity National Financial (FNF) in Insurance and Manulife Financial (MFC) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Fidelity National Financial (FNF) in Insurance and Manulife Financial (MFC) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Fidelity National Financial (FNF) and Manulife Financial (MFC)
MetricFNFMFC
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Fidelity National Financial (FNF) at 4.85% and Manulife Financial (MFC) at 4.32% offer top-quartile dividend income relative to share price within their industries.

FNF

Insurance industry group

4.85%

Max
5.12%
FNF
4.85%
Q3
2.15%
Median
0.98%
Q1
0.00%
Min
0.00%

MFC

Insurance industry group

4.32%

Max
5.12%
MFC
4.32%
Q3
2.15%
Median
0.98%
Q1
0.00%
Min
0.00%
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their dividend yield against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Both Fidelity National Financial (FNF) at 53.20% and Manulife Financial (MFC) at 54.30% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

FNF

Insurance industry group

53.20%

Max
76.67%
FNF
53.20%
Q3
35.18%
Median
14.74%
Q1
0.00%
Min
0.00%

MFC

Insurance industry group

54.30%

Max
76.67%
MFC
54.30%
Q3
35.18%
Median
14.74%
Q1
0.00%
Min
0.00%
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their payout ratio against the Insurance industry group benchmark.

Dividend Metrics

Dividend metrics for Fidelity National Financial (FNF) and Manulife Financial (MFC)
MetricFNFMFC
Dividend Yield (TTM)4.85%4.32%
Dividend Payout Ratio (TTM)53.20%54.30%

Valuation

P/E Ratio (TTM)

Both Fidelity National Financial (FNF) at 11.21 and Manulife Financial (MFC) at 17.23 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

FNF

Insurance industry group

11.21

Max
28.37
Q3
18.75
Median
12.23
FNF
11.21
Q1
9.08
Min
2.32

MFC

Insurance industry group

17.23

Max
28.37
Q3
18.75
MFC
17.23
Median
12.23
Q1
9.08
Min
2.32
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their P/E ratio against the Insurance industry group benchmark.

P/S Ratio (TTM)

Fidelity National Financial (FNF) at 0.79 sits in the cheaper P/S ratio quartile while Manulife Financial (MFC) at 2.11 prices around its industry’s middle — FNF costs less per dollar of sales, though read it alongside growth and margins.

FNF

Insurance industry group

0.79

Max
4.03
Q3
2.25
Median
1.23
Q1
0.85
FNF
0.79
Min
0.07

MFC

Insurance industry group

2.11

Max
4.03
Q3
2.25
MFC
2.11
Median
1.23
Q1
0.85
Min
0.07
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their P/S ratio against the Insurance industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Fidelity National Financial (FNF) at 1.59 and Manulife Financial (MFC) at 2.13 are valued close to their industries’ norm against book — neither stands out from peers.

FNF

Insurance industry group

1.59

Max
5.07
Q3
2.79
Median
1.76
FNF
1.59
Q1
1.23
Min
0.30

MFC

Insurance industry group

2.13

Max
5.07
Q3
2.79
MFC
2.13
Median
1.76
Q1
1.23
Min
0.30
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Fidelity National Financial (FNF) vs. Manulife Financial (MFC): A comparison of their P/B ratio against the Insurance industry group benchmark.

Valuation Metrics

Valuation metrics for Fidelity National Financial (FNF) and Manulife Financial (MFC)
MetricFNFMFC
P/E Ratio (TTM)11.2117.23
P/S Ratio (TTM)0.792.11
P/B Ratio (MRQ)1.592.13
Free Cash Flow Yield (TTM)----