CNP Assurances SA provides personal insurance and reinsurance products in France, Latin America, and other European countries.
Very undervalued 6 star dividend payer.
Share Price & News
How has CNP Assurances's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: XNP's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: XNP underperformed the German Insurance industry which returned -8.8% over the past year.
Return vs Market: XNP underperformed the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is CNP Assurances's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is CNP Assurances undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: XNP (€10.76) is trading below our estimate of fair value (€17.57)
Significantly Below Fair Value: XNP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: XNP is good value based on its PE Ratio (5.5x) compared to the Insurance industry average (10.4x).
PE vs Market: XNP is good value based on its PE Ratio (5.5x) compared to the German market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: XNP is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: XNP is good value based on its PB Ratio (0.4x) compared to the DE Insurance industry average (1x).
How is CNP Assurances forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: XNP's forecast earnings growth (5.8% per year) is above the savings rate (0.2%).
Earnings vs Market: XNP's earnings (5.8% per year) are forecast to grow slower than the German market (22.3% per year).
High Growth Earnings: XNP's earnings are forecast to grow, but not significantly.
Revenue vs Market: XNP's revenue is expected to decline over the next 3 years (-18.3% per year).
High Growth Revenue: XNP's revenue is forecast to decline over the next 3 years (-18.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: XNP's Return on Equity is forecast to be low in 3 years time (7.2%).
How has CNP Assurances performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XNP has high quality earnings.
Growing Profit Margin: XNP's current net profit margins (2.8%) are lower than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: XNP's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: XNP's earnings growth over the past year (0.4%) is below its 5-year average (6.3% per year).
Earnings vs Industry: XNP earnings growth over the past year (0.4%) underperformed the Insurance industry 10%.
Return on Equity
High ROE: XNP's Return on Equity (8.1%) is considered low.
How is CNP Assurances's financial position?
Financial Position Analysis
Short Term Liabilities: XNP's short term assets (€129.6B) exceed its short term liabilities (€47.2B).
Long Term Liabilities: XNP's short term assets (€129.6B) do not cover its long term liabilities (€372.0B).
Debt to Equity History and Analysis
Debt Level: XNP's debt to equity ratio (90.5%) is considered high.
Reducing Debt: XNP's debt to equity ratio has increased from 71% to 90.5% over the past 5 years.
Debt Coverage: XNP's debt is well covered by operating cash flow (46.5%).
Interest Coverage: XNP's interest payments on its debt are well covered by EBIT (10.4x coverage).
What is CNP Assurances's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: XNP's dividend (8.78%) is higher than the bottom 25% of dividend payers in the German market (1.26%).
High Dividend: XNP's dividend (8.78%) is in the top 25% of dividend payers in the German market (3.83%)
Stability and Growth of Payments
Stable Dividend: XNP's dividends per share have been stable in the past 10 years.
Growing Dividend: XNP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.3%), XNP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: XNP's dividends in 3 years are forecast to be covered by earnings (51.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Antoine Lissowski (64yo)
Mr. Antoine Lissowski serves as Chief Executive Officer since November 2018 and served as its Chief Financial Officer since December 16, 2013. He served as Interim Chief Executive Officer at CNP Assurances ...
CEO Compensation Analysis
Compensation vs Market: Antoine's total compensation ($USD508.88K) is below average for companies of similar size in the German market ($USD3.52M).
Compensation vs Earnings: Antoine's compensation has been consistent with company performance over the past year.
|CEO & Member of Management Board||1.83yrs||€450.00k||0.00029% €20.4k|
|Chief Financial Officer||1.5yrs||no data||no data|
|Deputy CEO & Member of Executive Board||16.58yrs||€571.98k||no data|
|Human Resources Director & Member of Executive Board||no data||no data||no data|
|Head of the Amétis Network & Social Protection Business Unit and Member of Executive Board||no data||no data||no data|
|Head of Latin America Business Unit & Member of Executive Board||2.92yrs||no data||no data|
|Chief Investment Officer||1.83yrs||no data||no data|
|Group Administrative Officer||1.5yrs||no data||no data|
|Head of Relations - Investors||no data||no data||no data|
|Group Compliance Director||4.33yrs||no data||no data|
Experienced Management: XNP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Honorary Chairman||no data||no data||no data|
|Independent Director||9.42yrs||€68.55k||0.00011% €7.7k|
|Independent Director||9.25yrs||€94.45k||0.000030% €2.1k|
|Independent Director||6.83yrs||€86.05k||0.000030% €2.1k|
|Independent Chairman of the Board||8.08yrs||€280.00k||0.00022% €15.4k|
|Employee Representative Director||4.25yrs||€22.80k||no data|
|Employees Representative Director||3.25yrs||€30.40k||0.000030% €2.1k|
Experienced Board: XNP's board of directors are considered experienced (7.6 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CNP Assurances SA's company bio, employee growth, exchange listings and data sources
- Name: CNP Assurances SA
- Ticker: XNP
- Exchange: DB
- Founded: 1850
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: €7.019b
- Shares outstanding: 686.11m
- Website: https://www.cnp.fr
Number of Employees
- CNP Assurances SA
- 4, Place Raoul Dautry
- Cedex 15
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CNPA.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 1998|
|CNP||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Oct 1998|
|XNP||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 1998|
|0IUQ||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Oct 1998|
|CNPP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Oct 1998|
|CNPA.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Nov 2008|
CNP Assurances SA provides personal insurance and reinsurance products in France, Latin America, and other European countries. It offers life, accident, long term care, death and funerals, disability, unemployment, property and casualty, loss of income, and health insurance products; term creditor insurance products, including home and business loans, and consumer finance; solutions in the area of guarantees for real estate loans in private market; and pension plans and annuities, as well as support and assistance services. The company was founded in 1850 and is headquartered in Paris, France.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 21:35|
|End of Day Share Price||2020/07/06 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.