Companhia de Seguros Alianca da Bahia Valuation

Is CSAB3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CSAB3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CSAB3 (R$30.5) is trading above our estimate of fair value (R$0.47)

Significantly Below Fair Value: CSAB3 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CSAB3?

Key metric: As CSAB3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CSAB3. This is calculated by dividing CSAB3's market cap by their current earnings.
What is CSAB3's PE Ratio?
PE Ratio	23.2x
Earnings	R$16.24m
Market Cap	R$305.16m

CSAB3 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	76.6x
Enterprise Value/EBITDA	-17.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does CSAB3's PE Ratio compare to its peers?

The above table shows the PE ratio for CSAB3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	8.4x
PSSA3 Porto Seguro	9.2x	7.2%	R$25.0b
WIZC3 Wiz Co Participações e Corretagem de Seguros	5.4x	5.2%	R$972.2m
CXSE3 Caixa Seguridade Participações	12.4x	11.6%	R$44.9b
IRBR3 IRB-Brasil Resseguros	6.4x	15.5%	R$3.3b
CSAB3 Companhia de Seguros Alianca da Bahia	23.2x	n/a	R$305.2m

Price-To-Earnings vs Peers: CSAB3 is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (21.9x).

Price to Earnings Ratio vs Industry

How does CSAB3's PE Ratio compare vs other companies in the South American Insurance Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CSAB3 is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the South American Insurance industry average (9.7x).

Price to Earnings Ratio vs Fair Ratio

What is CSAB3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CSAB3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CSAB3's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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