Stock Analysis Report

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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. More Details

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 is not significantly more volatile than the rest of CL stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SECURITY's weekly volatility (4%) has been stable over the past year.

Market Performance

7 Day Return




CL Banks


CL Market

1 Year Return




CL Banks


CL Market

Return vs Industry: SECURITY underperformed the CL Banks industry which returned -6.8% over the past year.

Return vs Market: SECURITY underperformed the CL Market which returned -9.1% over the past year.

Shareholder returns

7 Day9.1%1.0%0.6%
30 Day16.0%10.5%8.8%
90 Day20.5%26.3%17.5%
1 Year-15.0%-21.4%-3.6%-8.2%-5.6%-9.8%
3 Year-39.8%-48.9%-7.2%-17.5%-19.1%-27.4%
5 Year4.1%-21.0%69.3%37.9%27.2%-1.9%

Long-Term 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


Is Grupo Security undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: SECURITY (CLP154.93) is trading above our estimate of fair value (CLP34.81)

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 (8.6x) compared to the CL Banks industry average (16.3x).

PE vs Market: SECURITY is good value based on its PE Ratio (8.6x) compared to the CL market (14.7x).

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 (0.7x) compared to the CL Banks industry average (1.2x).

Next Steps

Future Growth

How is Grupo Security forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?


Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Grupo Security has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has Grupo Security performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SECURITY has high quality earnings.

Growing Profit Margin: SECURITY's current net profit margins (18.7%) are lower than last year (19%).

Past Earnings Growth Analysis

Earnings Trend: SECURITY's earnings have grown by 1.8% per year over the past 5 years.

Accelerating Growth: SECURITY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SECURITY had negative earnings growth (-18.9%) over the past year, making it difficult to compare to the Banks industry average (-21.1%).

Return on Equity

High ROE: SECURITY's Return on Equity (7.9%) 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

Financial Institutions Analysis

Asset Level: SECURITY's Assets to Equity ratio (14.1x) is moderate.

Allowance for Bad Loans: SECURITY has a sufficient allowance for bad loans (346%).

Low Risk Liabilities: 72% of SECURITY's liabilities are made up of primarily higher risk sources of funding.

Loan Level: SECURITY has an appropriate level of Loans to Assets ratio (56%).

Low Risk Deposits: SECURITY's Loans to Deposits ratio (216%) is high.

Level of Bad Loans: SECURITY has an appropriate level of bad loans (0.5%).

Next Steps


What is Grupo Security current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SECURITY's dividend (7.91%) is higher than the bottom 25% of dividend payers in the CL market (2.13%).

High Dividend: SECURITY's dividend (7.91%) is in the top 25% of dividend payers in the CL market (5.76%)

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 (41.2%), 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


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


Average management tenure


Renato Arturo Peñafiel Muñoz (68 yo)



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

Renato Arturo Peñafiel Muñoz
CEO & GM24.92yrsno datano data
Rodrigo Antonio Carvacho Contreras
Corporate Chief Accounting Manager6.58yrsno datano data
Sandra Cachi
Corporate Technology Manager2.17yrsno datano data
Marcela Villafaña
Head of Investor Relationsno datano datano data
Alejandra Zegers Correa
Executive Vice President of Corporate Marketing15.58yrsno datano data
Fernando Salinas Pinto
Senior Vice President of Planning & Controlno datano datano data
Felipe Hernán Jaque Serrano
Chief Economist3.83yrsno datano data
Alfonso Verdugo Ramírez de Arellano
Controller & Corporate Business Risk Manager14.67yrsno datano data


Average Tenure


Average Age

Experienced Management: SECURITY's management team is seasoned and experienced (10.6 years average tenure).

Board Members

Naoshi Matsumoto Takahashi
Independent Director30yrsCL$1.15kno data
Francisco Armando Silva Silva
Independent Chairman of the Boardno dataCL$12.88kno data
Horacio Pavez García
Independent Director30yrsCL$1.31kno data
Jorge Eduardo Marín Correa
Independent Director27yrsCL$655.00no data
Juan Cristóbal Pavez Recart
Independent Director19yrsCL$1.18kno data
Mario Weiffenbach Oyarzún
Independent Director4.75yrsCL$455.00no data
Bruno Philippi Irarrázabal
Independent Director7.75yrsCL$1.18kno data
Hernán de las Heras Marín
Independent Director7.75yrsCL$1.36kno data
Ana Ines Sainz de Vicuna Bemberg
Independent Director11.42yrsCL$1.01kno data


Average Tenure


Average Age

Experienced Board: SECURITY's board of directors are seasoned and experienced ( 15.2 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 8.7%.

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$606.604b
  • Shares outstanding: 4.02b
  • Website:

Number of Employees


  • Grupo Security S.A.
  • Av. Apoquindo N°3.150
  • Floor 7
  • Santiago
  • Region Metropolitana (Santiago)
  • Chile


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SECURITYSNSE (Santiago Stock Exchange)YesOrdinary SharesCLCLPSep 1995


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. The compan...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/15 22:02
End of Day Share Price2021/01/15 00:00
Annual Earnings2019/12/31

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.