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Triple-S Management

Market Cap

€510.3m

Last Updated

2021/04/10 19:22 UTC

Data Sources

Company Financials

Executive Summary

Triple-S Management Corporation, through its subsidiaries, provides a portfolio of managed care and related products in the commercial, Medicare Advantage, and Medicaid markets. More Details


Snowflake Analysis

Undervalued with mediocre balance sheet.


Similar Companies

Share Price & News

How has Triple-S Management's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4T3A is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 4T3A's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-0.9%

4T3A

1.4%

DE Healthcare

0.8%

DE Market


1 Year Return

67.9%

4T3A

1.3%

DE Healthcare

44.3%

DE Market

Return vs Industry: 4T3A exceeded the German Healthcare industry which returned 0.4% over the past year.

Return vs Market: 4T3A exceeded the German Market which returned 44% over the past year.


Shareholder returns

4T3AIndustryMarket
7 Day-0.9%1.4%0.8%
30 Day-6.0%4.5%4.6%
90 Day17.0%-5.7%9.0%
1 Year67.9%67.9%3.3%1.3%49.0%44.3%
3 Year5.9%5.9%-26.7%-30.3%24.6%13.8%
5 Year4.2%4.2%-27.1%-31.8%54.9%32.9%

Long-Term Price Volatility Vs. Market

How volatile is Triple-S Management's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Triple-S Management undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 4T3A (€22) is trading below our estimate of fair value (€1538.26)

Significantly Below Fair Value: 4T3A is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4T3A is good value based on its PE Ratio (9x) compared to the DE Healthcare industry average (32.1x).

PE vs Market: 4T3A is good value based on its PE Ratio (9x) compared to the German market (27.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4T3A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4T3A is good value based on its PB Ratio (0.6x) compared to the DE Healthcare industry average (1.6x).


Future Growth

How is Triple-S Management forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.2%

Forecasted Healthcare 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 Triple-S Management 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.


Past Performance

How has Triple-S Management performed over the past 5 years?

9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4T3A has a large one-off loss of $32.0M impacting its December 31 2020 financial results.

Growing Profit Margin: 4T3A's current net profit margins (1.8%) are lower than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: 4T3A's earnings have grown by 9.8% per year over the past 5 years.

Accelerating Growth: 4T3A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4T3A had negative earnings growth (-27.1%) over the past year, making it difficult to compare to the Healthcare industry average (2%).


Return on Equity

High ROE: 4T3A's Return on Equity (6.9%) is considered low.


Financial Health

How is Triple-S Management's financial position?


Financial Position Analysis

Short Term Liabilities: 4T3A's short term assets ($608.9M) do not cover its short term liabilities ($1.5B).

Long Term Liabilities: 4T3A's short term assets ($608.9M) do not cover its long term liabilities ($641.5M).


Debt to Equity History and Analysis

Debt Level: 4T3A's debt to equity ratio (8.6%) is considered satisfactory.

Reducing Debt: 4T3A's debt to equity ratio has increased from 4.3% to 8.6% over the past 5 years.

Debt Coverage: 4T3A's debt is well covered by operating cash flow (311.6%).

Interest Coverage: 4T3A's interest payments on its debt are well covered by EBIT (16.5x coverage).


Balance Sheet


Dividend

What is Triple-S Management current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 4T3A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 4T3A'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 4T3A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 4T3A's dividend payments have been increasing.


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: No need to calculate the sustainability of 4T3A's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Bobby Garcia-Rodriguez (56 yo)

5.25yrs

Tenure

US$3,730,164

Compensation

Mr. Roberto Garcia-Rodriguez, also known as Bobby, Esq., has been the Chief Executive Officer and President of Triple-S Management Corporation since January 1, 2016. Mr. Garcia-Rodriguez served as the Chie...


CEO Compensation Analysis

Compensation vs Market: Bobby's total compensation ($USD3.73M) is above average for companies of similar size in the German market ($USD1.15M).

Compensation vs Earnings: Bobby's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 4T3A's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: 4T3A's board of directors are considered experienced (7.1 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Triple-S Management Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Triple-S Management Corporation
  • Ticker: 4T3A
  • Exchange: DB
  • Founded: 1959
  • Industry: Managed Health Care
  • Sector: Healthcare
  • Market Cap: US$606.464m
  • Listing Market Cap: US$510.339m
  • Shares outstanding: 23.32m
  • Website: https://management.grupotriples.com

Number of Employees


Location

  • Triple-S Management Corporation
  • 1441 F.D. Roosevelt Avenue
  • San Juan
  • Puerto Rico
  • 920
  • United States

Listings


Biography

Triple-S Management Corporation, through its subsidiaries, provides a portfolio of managed care and related products in the commercial, Medicare Advantage, and Medicaid markets. It operates through three s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/10 19:22
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.