IRBR3 Stock Overview
IRB-Brasil Resseguros S.A., together with its subsidiaries, provides reinsurance products and services in Brazil and internationally.
No risks detected for IRBR3 from our risk checks.
IRB-Brasil Resseguros Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R$4.21|
|52 Week High||R$8.52|
|52 Week Low||R$3.96|
|1 Month Change||-13.37%|
|3 Month Change||-20.11%|
|1 Year Change||-40.45%|
|3 Year Change||-83.29%|
|5 Year Change||n/a|
|Change since IPO||-56.88%|
Recent News & Updates
|IRBR3||BR Insurance||BR Market|
Return vs Industry: IRBR3 underperformed the BR Insurance industry which returned -25.5% over the past year.
Return vs Market: IRBR3 underperformed the BR Market which returned -9% over the past year.
|IRBR3 Average Weekly Movement||5.6%|
|Insurance Industry Average Movement||5.6%|
|Market Average Movement||6.5%|
|10% most volatile stocks in BR Market||9.9%|
|10% least volatile stocks in BR Market||3.0%|
Stable Share Price: IRBR3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: IRBR3's weekly volatility (6%) has been stable over the past year.
About the Company
|1939||386||Raphael Afonso De Carvalho||https://www.irbre.com|
IRB-Brasil Resseguros S.A., together with its subsidiaries, provides reinsurance products and services in Brazil and internationally. It offers reinsurance solutions for aviation, engineering, agricultural, and miscellaneous risks; and surety, financial lines, oil and gas, property, casualty, cargo and marine, and life and pension reinsurance solutions. The company also provides asset and real estate management services.
IRB-Brasil Resseguros Fundamentals Summary
|IRBR3 fundamental statistics|
Is IRBR3 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IRBR3 income statement (TTM)|
|Cost of Revenue||R$8.59b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.79|
|Net Profit Margin||-11.27%|
How did IRBR3 perform over the long term?See historical performance and comparison
Is IRB-Brasil Resseguros undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: IRBR3 (R$4.21) is trading above our estimate of fair value (R$2.31)
Significantly Below Fair Value: IRBR3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IRBR3 is unprofitable, so we can't compare its PE Ratio to the BR Insurance industry average.
PE vs Market: IRBR3 is unprofitable, so we can't compare its PE Ratio to the BR market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IRBR3's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IRBR3 is good value based on its PB Ratio (1.3x) compared to the BR Insurance industry average (1.7x).
How is IRB-Brasil Resseguros forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IRBR3 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (9.1%).
Earnings vs Market: IRBR3 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IRBR3's is expected to become profitable in the next 3 years.
Revenue vs Market: IRBR3's revenue (3.3% per year) is forecast to grow slower than the BR market (7.6% per year).
High Growth Revenue: IRBR3's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IRBR3's Return on Equity is forecast to be low in 3 years time (16.9%).
How has IRB-Brasil Resseguros performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRBR3 is currently unprofitable.
Growing Profit Margin: IRBR3 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IRBR3 is unprofitable, and losses have increased over the past 5 years at a rate of 43.5% per year.
Accelerating Growth: Unable to compare IRBR3's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IRBR3 is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-12.8%).
Return on Equity
High ROE: IRBR3 has a negative Return on Equity (-24.74%), as it is currently unprofitable.
How is IRB-Brasil Resseguros's financial position?
Financial Position Analysis
Short Term Liabilities: IRBR3's short term assets (R$15.2B) do not cover its short term liabilities (R$18.3B).
Long Term Liabilities: IRBR3's short term assets (R$15.2B) exceed its long term liabilities (R$1.6B).
Debt to Equity History and Analysis
Debt Level: IRBR3 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if IRBR3's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IRBR3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IRBR3's interest payments on its debt are well covered by EBIT.
What is IRB-Brasil Resseguros's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IRBR3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IRBR3'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 IRBR3's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IRBR3's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IRBR3 is not paying a notable dividend for the BR market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IRBR3's dividend in 3 years as they are not forecast to pay a notable one for the BR market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Raphael Afonso De Carvalho (55 yo)
Mr. Raphael Afonso Godinho de Carvalho serves as Interim Chief Underwriting Officer at IRB-Brasil Resseguros S.A. since 2021. He serves as Chief Executive Officer and Member of Executive Board at IRB-Brasi...
Experienced Management: IRBR3's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: IRBR3's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IRB-Brasil Resseguros S.A.'s employee growth, exchange listings and data sources
- Name: IRB-Brasil Resseguros S.A.
- Ticker: IRBR3
- Exchange: BOVESPA
- Founded: 1939
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: R$5.272b
- Shares outstanding: 1.26b
- Website: https://www.irbre.com
Number of Employees
- IRB-Brasil Resseguros S.A.
- Avenida Marechal Câmara
- Rio de Janeiro
- Rio de Janeiro
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/25 22:58|
|End of Day Share Price||2021/11/25 00:00|
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.