Sagen MI Canada Inc.
MIC_PA.TO operates in the property and casualty insurance sector, providing insurance products and services to customers, generating revenue primarily through premium income and investment returns.
Business. MIC_PA.TO is a property and casualty insurance company listed on the Toronto Stock Exchange. The firm operates within the financials sector, specifically focusing on insurance activities. As detailed segment and geographic information is unavailable, the company is described at the industry level. Its primary listing is under the ticker MIC_PA.TO.
At a glance
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
MIC_PA.TO is a property and casualty insurance company listed on the Toronto Stock Exchange. The firm operates within the financials sector, specifically focusing on insurance activities. As detailed segment and geographic information is unavailable, the company is described at the industry level. Its primary listing is under the ticker MIC_PA.TO.
MIC_PA.TO maintains a capital structure with a debt-to-equity ratio of 0.33, indicating a relatively conservative leverage position. The company's liquidity position is characterized as medium risk, with negative net cash after subtracting total debt, suggesting potential short-term liquidity constraints. Free cash flow is negative at -179,035,000 CAD, which may indicate reinvestment in the business or operational inefficiencies.
In terms of profitability, the company's return on equity (ROE) is 18.41%, and return on assets (ROA) is 7.57%, both of which are strong indicators of efficient capital use and asset management. These metrics suggest that MIC_PA.TO is performing well relative to industry norms, although specific industry medians are not provided in the data.
The company's revenue concentration is not explicitly detailed in the provided data, but as a property and casualty insurer, it is likely exposed to geographic and segment-specific risks. The absence of detailed segment or geographic breakdowns in the data limits the ability to assess exposure to specific regions or product lines.
Growth trajectory for MIC_PA.TO is not explicitly quantified in the data, but the company's operating income of 742,625,000 CAD and net income of 523,680,000 CAD suggest a stable earnings profile. Analyst estimates for the last actual EPS and revenue indicate a consistent performance, though future growth expectations are not provided.
Risk factors for MIC_PA.TO include medium liquidity risk and low dilution risk. The company's negative net cash position after subtracting total debt is a key liquidity concern. No significant dilution potential is indicated, and no adjustments have been applied to the valuation metrics.
Recent events and filings are not detailed in the provided data, so no specific recent developments can be cited. The company's financial performance and risk profile are based on the latest available financial statements and market data.
- MIC_PA.TO has a strong return on equity and return on assets, indicating efficient capital and asset utilization.
- The company's liquidity position is medium risk, with negative net cash after subtracting total debt.
- The debt-to-equity ratio is 0.33, suggesting a conservative capital structure.
- Free cash flow is negative, which may indicate reinvestment or operational inefficiencies.
- The company's growth trajectory is not explicitly quantified, but stable earnings are evident from the latest financial data.
- "margin_outlook_rationale": "The company's strong ROE and ROA suggest that margins are likely to remain stable or improve in the near term due to efficient capital and asset utilization.",
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
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Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
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Actions
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- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- MIC_PA.TO Market data — financials · 2026-05-28
- Sagen MI Canada Inc Market data — analyst estimates · 2026-05-28
Ownership & reference
Leadership
- Stuart LevingsPresident, Chief Executive Officer, Director