SNSE:PREVISION

Stock Analysis Report

Seguros Vida Security Previsión

Executive Summary

Seguros Vida Security Previsión S.A. provides various insurance products.


Snowflake Analysis

Fair value with questionable track record.

Share Price & News

How has Seguros Vida Security Previsión's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PREVISION has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

PREVISION

-3.1%

CL Insurance

-2.6%

CL Market


1 Year Return

0%

PREVISION

23.5%

CL Insurance

-20.0%

CL Market

Return vs Industry: PREVISION underperformed the CL Insurance industry which returned 23.5% over the past year.

Return vs Market: PREVISION exceeded the CL Market which returned -20% over the past year.


Shareholder returns

PREVISIONIndustryMarket
7 Day0%-3.1%-2.6%
30 Day0%-8.4%-2.8%
90 Day0%-0.3%-4.2%
1 Year8.5%0%31.7%23.5%-17.3%-20.0%
3 Year13.5%0%88.8%51.0%5.4%-3.8%
5 Year40.8%-0.4%107.1%44.6%18.9%-6.7%

Price Volatility Vs. Market

How volatile is Seguros Vida Security Previsión's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Seguros Vida Security Previsión undervalued compared to its fair value and its price relative to the market?

7.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PREVISION (CLP560) is trading above our estimate of fair value (CLP548.81)

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


Price To Earnings Ratio

PE vs Industry: PREVISION is good value based on its PE Ratio (7.7x) compared to the Insurance industry average (10.6x).

PE vs Market: PREVISION is good value based on its PE Ratio (7.7x) compared to the CL market (12.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PREVISION's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PREVISION is good value based on its PB Ratio (1.4x) compared to the XS Insurance industry average (1.6x).


Next Steps

Future Growth

How is Seguros Vida Security Previsión forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.3%

Forecasted Insurance 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 Seguros Vida Security Previsión 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 Seguros Vida Security Previsión performed over the past 5 years?

127.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PREVISION has a high level of non-cash earnings.

Growing Profit Margin: PREVISION's current net profit margins (7.6%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PREVISION's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare PREVISION's past year earnings growth to its 5-year average.

Earnings vs Industry: PREVISION earnings growth over the past year (127.5%) exceeded the Insurance industry 34.2%.


Return on Equity

High ROE: PREVISION's Return on Equity (17.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Seguros Vida Security Previsión'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: PREVISION has a low level of unsold assets or inventory.

Debt Coverage by Assets: PREVISION's debt is not covered by short term assets (assets are 0.9x debt).


Financial Institutions Analysis

Asset Level: PREVISION's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if PREVISION has a sufficient allowance for bad loans.

Low Risk Liabilities: PREVISION reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if PREVISION has an acceptable proportion of non-loan assets held.

Low Risk Deposits: PREVISION has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if PREVISION has an appropriate level of bad loans.


Next Steps

Dividend

What is Seguros Vida Security Previsión's current dividend yield, its reliability and sustainability?

1.96%

Current Dividend Yield


Dividend Yield vs Market

company2.0%marketbottom25%2.4%markettop25%5.8%industryaverage6.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: PREVISION's dividend (1.96%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (2.44%).

High Dividend: PREVISION's dividend (1.96%) is low compared to the top 25% of dividend payers in the CL market (5.82%).


Stability and Growth of Payments

Stable Dividend: PREVISION has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PREVISION has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are 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?


CEO

Alejandro Alzérreca Luna 0

0

Mr. Alejandro Alzerreca Luna serves as Chief Executive Officer of Seguros Vida Security Prevision S.A. Mr. Luna served as a Director of Hipotecaria Security Principal S.A. He is a Graduate of Economics. 


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 been diluted in the past year, with total shares outstanding growing by 7.8%.


Top Shareholders

Company Information

Seguros Vida Security Previsión S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seguros Vida Security Previsión S.A.
  • Ticker: PREVISION
  • Exchange: SNSE
  • Founded: 1928
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: CL$268.187b
  • Shares outstanding: 478.91m
  • Website: https://www.vidasecurity.cl

Number of Employees


Location

  • Seguros Vida Security Previsión S.A.
  • Apoquindo 3150
  • Piso 8
  • Santiago
  • Region Metropolitana (Santiago)
  • Chile

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PREVISIONSNSE (Santiago Stock Exchange)YesShare CapitalCLCLPJan 1993

Biography

Seguros Vida Security Previsión S.A. provides various insurance products. The company offers life, saving, health, group, family, and pension and private income insurance products. It also provides after-sales and advisory service to individuals, companies, insurance brokers, financial institutions, retailers, and others. Seguros Vida Security Previsión S.A. was founded in 1928 and is based in Santiago, Chile. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 18:05
End of Day Share Price2020/02/21 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.