Everest Group Valuation

Q: What is the Fair Price of E1VE34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

E1VE34 (R$515) is trading below our estimate of [[fair value]] (R$1342.04)

Is E1VE34 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 E1VE34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: E1VE34 (R$515) is trading below our estimate of fair value (R$1342.04)

Significantly Below Fair Value: E1VE34 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for E1VE34?

Key metric: As E1VE34 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for E1VE34. This is calculated by dividing E1VE34's market cap by their current earnings.
What is E1VE34's PE Ratio?
PE Ratio	5.7x
Earnings	US$2.91b
Market Cap	US$16.69b

E1VE34 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	1.2x
Enterprise Value/EBITDA	n/a
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

How does E1VE34's PE Ratio compare to its peers?

The above table shows the PE ratio for E1VE34 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	8.8x
BBSE3 BB Seguridade Participações	7.6x	2.9%	R$65.2b
IRBR3 IRB-Brasil Resseguros	6.2x	15.5%	R$3.3b
CXSE3 Caixa Seguridade Participações	12.1x	11.6%	R$43.7b
PSSA3 Porto Seguro	9x	7.2%	R$24.5b
E1VE34 Everest Group	5.7x	6.7%	R$16.7b

Price-To-Earnings vs Peers: E1VE34 is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (10x).

Price to Earnings Ratio vs Industry

How does E1VE34'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: E1VE34 is good value based on its Price-To-Earnings Ratio (5.7x) compared to the South American Insurance industry average (8.4x).

Price to Earnings Ratio vs Fair Ratio

What is E1VE34'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.

E1VE34 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate E1VE34'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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