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QUAL

Qualicorp Consultoria e Corretora de SegurosBOVESPA:QUAL3 Stock Report

Market Cap

R$5.1b

7D

-8.2%

1Y

-48.4%

Updated

21 Oct, 2021

Data

Company Financials +
QUAL3 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends0/6

QUAL3 Overview

Qualicorp Consultoria e Corretora de Seguros S.A.

Price History & Performance

Summary of all time highs, changes and price drops for Qualicorp Consultoria e Corretora de Seguros
Historical stock prices
Current Share PriceR$17.80
52 Week HighR$17.55
52 Week LowR$36.05
Beta1.06
1 Month Change-17.25%
3 Month Change-31.83%
1 Year Change-48.41%
3 Year Change20.52%
5 Year Change-12.66%
Change since IPO18.27%

Recent News & Updates

Oct 08
Returns on Capital Paint A Bright Future For Qualicorp Consultoria e Corretora de Seguros (BVMF:QUAL3)

Returns on Capital Paint A Bright Future For Qualicorp Consultoria e Corretora de Seguros (BVMF:QUAL3)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...

Sep 21
Does Qualicorp Consultoria e Corretora de Seguros (BVMF:QUAL3) Have A Healthy Balance Sheet?

Does Qualicorp Consultoria e Corretora de Seguros (BVMF:QUAL3) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Aug 23
Should You Investigate Qualicorp Consultoria e Corretora de Seguros S.A. (BVMF:QUAL3) At R$20.58?

Should You Investigate Qualicorp Consultoria e Corretora de Seguros S.A. (BVMF:QUAL3) At R$20.58?

Qualicorp Consultoria e Corretora de Seguros S.A. ( BVMF:QUAL3 ), might not be a large cap stock, but it saw...

Shareholder Returns

QUAL3BR HealthcareBR Market
7D-8.2%-5.2%-1.6%
1Y-48.4%-12.4%4.4%

Return vs Industry: QUAL3 underperformed the BR Healthcare industry which returned -10.9% over the past year.

Return vs Market: QUAL3 underperformed the BR Market which returned 4.4% over the past year.

Price Volatility

Is QUAL3's price volatile compared to industry and market?
QUAL3 volatility
QUAL3 Beta1.06
Industry Beta0.87
Market Beta1

Stable Share Price: QUAL3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: QUAL3's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19972,308Bruno Blatthttps://www.qualicorp.com.br

Qualicorp Consultoria e Corretora de Seguros S.A. operates as a healthcare benefits trader, administrator, and health management services provider in Brazil. It provides health plan consultancy, brokerage, heathcare information technology and third party administrator services to government, national and multinational companies. The company also engages in benefits administration, billing, benefits planning consulting, health insurance brokerage, and health risk management services.

Qualicorp Consultoria e Corretora de Seguros Fundamentals Summary

How do Qualicorp Consultoria e Corretora de Seguros's earnings and revenue compare to its market cap?
QUAL3 fundamental statistics
Market CapR$5.05b
Earnings (TTM)R$402.57m
Revenue (TTM)R$2.08b

12.6x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QUAL3 income statement (TTM)
RevenueR$2.08b
Cost of RevenueR$413.95m
Gross ProfitR$1.67b
ExpensesR$1.26b
EarningsR$402.57m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.42
Gross Margin80.10%
Net Profit Margin19.36%
Debt/Equity Ratio97.4%

How did QUAL3 perform over the long term?

See historical performance and comparison

Valuation

Is Qualicorp Consultoria e Corretora de Seguros undervalued compared to its fair value and its price relative to the market?

49.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QUAL3 (R$18.62) is trading below our estimate of fair value (R$35.19)

Significantly Below Fair Value: QUAL3 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: QUAL3 is good value based on its PE Ratio (13.1x) compared to the BR Healthcare industry average (31.8x).

PE vs Market: QUAL3 is poor value based on its PE Ratio (13.1x) compared to the BR market (12.3x).


Price to Earnings Growth Ratio

PEG Ratio: QUAL3 is poor value based on its PEG Ratio (6.3x)


Price to Book Ratio

PB vs Industry: QUAL3 is good value based on its PB Ratio (3.1x) compared to the BR Healthcare industry average (3.8x).


Future Growth

How is Qualicorp Consultoria e Corretora de Seguros forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

2.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QUAL3's forecast earnings growth (2.1% per year) is below the savings rate (9.1%).

Earnings vs Market: QUAL3's earnings (2.1% per year) are forecast to grow slower than the BR market (10.6% per year).

High Growth Earnings: QUAL3's earnings are forecast to grow, but not significantly.

Revenue vs Market: QUAL3's revenue (5.4% per year) is forecast to grow slower than the BR market (7.8% per year).

High Growth Revenue: QUAL3's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QUAL3's Return on Equity is forecast to be high in 3 years time (28%)


Past Performance

How has Qualicorp Consultoria e Corretora de Seguros performed over the past 5 years?

2.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QUAL3 has high quality earnings.

Growing Profit Margin: QUAL3's current net profit margins (19.4%) are higher than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: QUAL3's earnings have grown by 2% per year over the past 5 years.

Accelerating Growth: QUAL3's earnings growth over the past year (10.2%) exceeds its 5-year average (2% per year).

Earnings vs Industry: QUAL3 earnings growth over the past year (10.2%) underperformed the Healthcare industry 103.4%.


Return on Equity

High ROE: QUAL3's Return on Equity (24.2%) is considered high.


Financial Health

How is Qualicorp Consultoria e Corretora de Seguros's financial position?


Financial Position Analysis

Short Term Liabilities: QUAL3's short term assets (R$1.5B) do not cover its short term liabilities (R$2.2B).

Long Term Liabilities: QUAL3's short term assets (R$1.5B) exceed its long term liabilities (R$495.7M).


Debt to Equity History and Analysis

Debt Level: QUAL3's debt to equity ratio (97.4%) is considered high.

Reducing Debt: QUAL3's debt to equity ratio has increased from 26.4% to 97.4% over the past 5 years.

Debt Coverage: QUAL3's debt is well covered by operating cash flow (47.4%).

Interest Coverage: QUAL3 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Qualicorp Consultoria e Corretora de Seguros's current dividend yield, its reliability and sustainability?

9.70%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate QUAL3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate QUAL3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if QUAL3's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QUAL3's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: QUAL3 is not paying a notable dividend for the BR market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of QUAL3's dividend in 3 years as they are not forecast to pay a notable one for the BR market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Bruno Blatt

1.92yrs

Tenure

Mr. Bruno Blatt has been the Chief Executive Officer at Qualicorp Consultoria e Corretora de Seguros S.A. since November 12, 2019. Mr. Blatt has always stood out for entrepreneurship and innovation in the...


Leadership Team

Experienced Management: QUAL3's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: QUAL3's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Qualicorp Consultoria e Corretora de Seguros S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Qualicorp Consultoria e Corretora de Seguros S.A.
  • Ticker: QUAL3
  • Exchange: BOVESPA
  • Founded: 1997
  • Industry: Managed Health Care
  • Sector: Healthcare
  • Market Cap: R$5.054b
  • Shares outstanding: 283.91m
  • Website: https://www.qualicorp.com.br

Number of Employees


Location

  • Qualicorp Consultoria e Corretora de Seguros S.A.
  • Rua Doutor PlInio Barreto, 365
  • 15º andar (part)
  • São Paulo
  • São Paulo
  • 01313-020
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 23:10
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.