Prosegur Cash
Market Cap
€1.2b
Last Updated
2021/04/20 00:34 UTC
Data Sources
Company Financials +
Executive Summary
Prosegur Cash, S.A., together with its subsidiaries, provides cash in transit, cash cycle management, and outsourcing services to finance institutions, businesses, government agencies, central banks, mints, and jewelry stores. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Prosegur Cash's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CASH is more volatile than 75% of Spanish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CASH's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Spanish stocks.
Market Performance
7 Day Return
0.3%
CASH
1.9%
ES Commercial Services
0.5%
ES Market
1 Year Return
2.5%
CASH
44.6%
ES Commercial Services
23.0%
ES Market
Return vs Industry: CASH underperformed the Spanish Commercial Services industry which returned 44.6% over the past year.
Return vs Market: CASH underperformed the Spanish Market which returned 23% over the past year.
Shareholder returns
| CASH | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.3% | 1.9% | 0.5% |
| 30 Day | -2.9% | 6.3% | 1.6% |
| 90 Day | -0.4% | 11.4% | 3.5% |
| 1 Year | 7.8%2.5% | 47.6%44.6% | 27.0%23.0% |
| 3 Year | -62.6%-66.7% | 17.9%8.6% | 1.3%-7.7% |
| 5 Year | n/a | 31.2%12.3% | 15.8%-1.7% |
Long-Term Price Volatility Vs. Market
How volatile is Prosegur Cash's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is There An Opportunity With Prosegur Cash, S.A.'s (BME:CASH) 33% Undervaluation?3 weeks ago | Simply Wall St
Reflecting on Prosegur Cash's (BME:CASH) Share Price Returns Over The Last Three Years1 month ago | Simply Wall St
Should We Be Delighted With Prosegur Cash, S.A.'s (BME:CASH) ROE Of 19%?Valuation
Is Prosegur Cash undervalued compared to its fair value and its price relative to the market?
32.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CASH (€0.78) is trading below our estimate of fair value (€1.17)
Significantly Below Fair Value: CASH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CASH is poor value based on its PE Ratio (73.8x) compared to the XE Commercial Services industry average (25.2x).
PE vs Market: CASH is poor value based on its PE Ratio (73.8x) compared to the Spanish market (24.3x).
Price to Earnings Growth Ratio
PEG Ratio: CASH is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: CASH is overvalued based on its PB Ratio (14.6x) compared to the XE Commercial Services industry average (2.4x).
Future Growth
How is Prosegur Cash forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
53.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CASH's forecast earnings growth (53.9% per year) is above the savings rate (1.1%).
Earnings vs Market: CASH's earnings (53.9% per year) are forecast to grow faster than the Spanish market (31.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CASH's revenue (6.7% per year) is forecast to grow slower than the Spanish market (8.7% per year).
High Growth Revenue: CASH's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CASH's Return on Equity is forecast to be very high in 3 years time (54%).
Past Performance
How has Prosegur Cash performed over the past 5 years?
-24.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CASH has high quality earnings.
Growing Profit Margin: CASH's current net profit margins (1.1%) are lower than last year (9.4%).
Past Earnings Growth Analysis
Earnings Trend: CASH's earnings have declined by 24.1% per year over the past 5 years.
Accelerating Growth: CASH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CASH had negative earnings growth (-90.6%) over the past year, making it difficult to compare to the Commercial Services industry average (11.5%).
Return on Equity
High ROE: CASH's Return on Equity (19.5%) is considered low.
Financial Health
How is Prosegur Cash's financial position?
Financial Position Analysis
Short Term Liabilities: CASH's short term assets (€785.5M) exceed its short term liabilities (€693.4M).
Long Term Liabilities: CASH's short term assets (€785.5M) do not cover its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: CASH's debt to equity ratio (1262.6%) is considered high.
Reducing Debt: CASH's debt to equity ratio has increased from 46.1% to 1262.6% over the past 5 years.
Debt Coverage: CASH's debt is well covered by operating cash flow (23.4%).
Interest Coverage: CASH's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
Dividend
What is Prosegur Cash current dividend yield, its reliability and sustainability?
4.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CASH's dividend (4.99%) is higher than the bottom 25% of dividend payers in the Spanish market (1.66%).
High Dividend: CASH's dividend (4.99%) is low compared to the top 25% of dividend payers in the Spanish market (5.2%).
Stability and Growth of Payments
Stable Dividend: CASH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CASH has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (368.4%), CASH's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CASH's dividends in 3 years are forecast to be covered by earnings (52.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average board tenure
CEO
José Antonio Lasanta Luri
no data
Tenure
Mr. José Antonio Lasanta Luri serves as Chief Executive Officer at Prosegur Cash, S.A. and has been its Executive Director since December 19, 2016. He served as a Managing Director at Prosegur Cash, S.A. M...
Board Members
Experienced Board: CASH's board of directors are considered experienced (4.2 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
Prosegur Cash, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Prosegur Cash, S.A.
- Ticker: CASH
- Exchange: BME
- Founded: 2016
- Industry: Security and Alarm Services
- Sector: Commercial Services
- Market Cap: €1.182b
- Shares outstanding: 1.52b
- Website: https://www.prosegurcash.com
Number of Employees
Location
- Prosegur Cash, S.A.
- Calle Santa Sabina, 8
- Madrid
- Madrid
- 28007
- Spain
Listings
Biography
Prosegur Cash, S.A., together with its subsidiaries, provides cash in transit, cash cycle management, and outsourcing services to finance institutions, businesses, government agencies, central banks, mints...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/20 00:34 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.