Grupo Security
Market Cap
CL$481.2b
Last Updated
2020/03/29 18:38 UTC
Data Sources
Company Financials +
Executive Summary
Grupo Security S.A., a diversified financial company, provides banking, insurance, asset management, and other services to large and medium-sized companies, and high-income individuals in Chile.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet average dividend payer.
Share Price & News
How has Grupo Security's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SECURITY's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.7%
SECURITY
-1.3%
CL Banks
1.6%
CL Market
1 Year Return
-52.9%
SECURITY
-36.5%
CL Banks
-37.6%
CL Market
Return vs Industry: SECURITY underperformed the CL Banks industry which returned -37.3% over the past year.
Return vs Market: SECURITY underperformed the CL Market which returned -38% over the past year.
Shareholder returns
| SECURITY | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.7% | -1.3% | 1.6% |
| 30 Day | -19.3% | -15.2% | -20.9% |
| 90 Day | -33.4% | -22.2% | -27.3% |
| 1 Year | -50.7%-52.9% | -34.0%-36.5% | -35.3%-37.6% |
| 3 Year | -38.4%-46.6% | -6.2%-16.0% | -26.2%-32.8% |
| 5 Year | -14.5%-33.5% | 31.2%7.3% | -10.6%-29.7% |
Price Volatility Vs. Market
How volatile is Grupo Security's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Does Grupo Security S.A. (SNSE:SECURITY) Have A Place In Your Dividend Portfolio?2 months ago | Simply Wall St
Did You Manage To Avoid Grupo Security's (SNSE:SECURITY) 35% Share Price Drop?Valuation
Is Grupo Security undervalued compared to its fair value and its price relative to the market?
5.93x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SECURITY (CLP130.24) is trading above our estimate of fair value (CLP46.65)
Significantly Below Fair Value: SECURITY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SECURITY is good value based on its PE Ratio (5.9x) compared to the Banks industry average (9.7x).
PE vs Market: SECURITY is good value based on its PE Ratio (5.9x) compared to the CL market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SECURITY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SECURITY is good value based on its PB Ratio (0.6x) compared to the CL Banks industry average (1.3x).
Next Steps
Future Growth
How is Grupo Security forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
9.4%
Forecasted Banks industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SECURITY's forecast earnings growth is above the savings rate (7.5%).
Earnings vs Market: Insufficient data to determine if SECURITY's earnings are forecast to grow faster than the CL market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if SECURITY's revenue is forecast to grow faster than the CL market.
High Growth Revenue: Insufficient data to determine if SECURITY's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SECURITY's Return on Equity is forecast to be low in 3 years time (11.2%).
Next Steps
Past Performance
How has Grupo Security performed over the past 5 years?
5.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SECURITY has high quality earnings.
Growing Profit Margin: SECURITY's current net profit margins (21.1%) are higher than last year (19.6%).
Past Earnings Growth Analysis
Earnings Trend: SECURITY's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: SECURITY's earnings growth over the past year (0.8%) is below its 5-year average (5.8% per year).
Earnings vs Industry: SECURITY earnings growth over the past year (0.8%) underperformed the Banks industry 0.8%.
Return on Equity
High ROE: SECURITY's Return on Equity (10.6%) is considered low.
Next Steps
Financial Health
How is Grupo Security's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: SECURITY has a low level of unsold assets or inventory.
Debt Coverage by Assets: SECURITY's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: SECURITY's level of assets compared to its equity is moderate.
Allowance for Bad Loans: SECURITY has a sufficient allowance for bad loans.
Low Risk Liabilities: SECURITY's liabilities are made up of primarily higher risk sources of funding.
Loan Level: SECURITY has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SECURITY has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: SECURITY has an appropriate level of bad loans (1.37%)
Next Steps
Dividend
What is Grupo Security's current dividend yield, its reliability and sustainability?
9.41%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SECURITY's dividend (9.41%) is higher than the bottom 25% of dividend payers in the CL market (3.13%).
High Dividend: SECURITY's dividend (9.41%) is in the top 25% of dividend payers in the CL market (6.99%)
Stability and Growth of Payments
Stable Dividend: SECURITY's dividend payments have been volatile in the past 10 years.
Growing Dividend: SECURITY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.9%), SECURITY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
14.3yrs
Average management tenure
CEO
Renato Arturo Peñafiel Muñoz (67yo)
24.08s
Tenure
Mr. Renato Arturo Peñafiel Muñoz has been the Chief Executive Officer and General Manager at Grupo Security S.A. since January 02, 1996 and served as its President. Mr. Peñafiel Muñoz serves as Director at ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & GM | 24.08yrs | no data | no data | |
| Corporate Chief Accounting Manager | 5.75yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Corporate Marketing and Quality Manager | 14.75yrs | no data | no data | |
| Senior Vice President of Planning & Control | no data | no data | no data | |
| Executive Vice President of Corporate Culture | 29.17yrs | no data | no data | |
| Chief Economist | 3yrs | no data | no data | |
| Controller & Corporate Business Risk Manager | 13.83yrs | no data | no data |
14.3yrs
Average Tenure
50yo
Average Age
Experienced Management: SECURITY's management team is seasoned and experienced (14.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 29.17yrs | CL$1.26k | no data | |
| Independent Chairman of the Board | no data | CL$10.95k | no data | |
| Independent Director | 29.17yrs | CL$1.41k | no data | |
| Independent Director | 26.17yrs | CL$540.00 | no data | |
| Independent Director | 18.17yrs | CL$1.16k | no data | |
| Independent Director | 3.92yrs | CL$490.00 | no data | |
| Independent Director | 6.92yrs | CL$1.26k | 1.27% CLP6.1b | |
| Independent Director | 6.92yrs | CL$1.44k | no data | |
| Independent Director | 10.58yrs | CL$1.12k | no data |
14.4yrs
Average Tenure
75yo
Average Age
Experienced Board: SECURITY's board of directors are seasoned and experienced ( 14.4 years average tenure).
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
Grupo Security S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Grupo Security S.A.
- Ticker: SECURITY
- Exchange: SNSE
- Founded: 1981
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CL$481.237b
- Shares outstanding: 3.70b
- Website: https://www.security.cl
Number of Employees
Location
- Grupo Security S.A.
- Avda. Apoquindo 3150
- Piso 15
- Santiago
- Region Metropolitana (Santiago)
- Chile
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SECURITY | SNSE (Santiago Stock Exchange) | Yes | Ordinary Shares | CL | CLP | Sep 1995 |
Biography
Grupo Security S.A., a diversified financial company, provides banking, insurance, asset management, and other services to large and medium-sized companies, and high-income individuals in Chile. It operates through four segments: Lending, Asset Management, Insurance, and Services. The Lending segment provides commercial and retail banking, and factoring services. The Asset Management segment offers general fund management; stock brokerage and securities intermediation; investment and third-party asset management; advisory; and asset management and securitized equities. The Insurance segment offers life and general insurance, travel assistance, and insurance brokerage services. The Services segment engages in real estate development; and travel and tourism activities, including the provision of travel agency services. Grupo Security S.A. was founded in 1981 and is headquartered in Santiago, Chile.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/29 18:38 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.