Prosegur Compañía de Seguridad
Market Cap
€1.5b
Last Updated
2021/04/09 18:58 UTC
Data Sources
Company Financials +
Executive Summary
Prosegur Compañía de Seguridad, S.A. operates in the private security sector. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 22.6% per year for the next 3 years
Snowflake Analysis
Established dividend payer and good value.
Similar Companies
Share Price & News
How has Prosegur Compañía de Seguridad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PSG is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PSG's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
3.3%
PSG
2.3%
ES Commercial Services
0.6%
ES Market
1 Year Return
26.8%
PSG
42.9%
ES Commercial Services
22.0%
ES Market
Return vs Industry: PSG underperformed the Spanish Commercial Services industry which returned 42.9% over the past year.
Return vs Market: PSG exceeded the Spanish Market which returned 22% over the past year.
Shareholder returns
| PSG | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | 2.3% | 0.6% |
| 30 Day | 14.2% | 6.2% | 1.2% |
| 90 Day | 8.0% | 6.8% | 2.0% |
| 1 Year | 33.2%26.8% | 46.6%42.9% | 25.9%22.0% |
| 3 Year | -50.7%-55.0% | 16.7%6.2% | 1.2%-7.9% |
| 5 Year | -29.4%-41.6% | 25.4%4.9% | 19.2%1.4% |
Long-Term Price Volatility Vs. Market
How volatile is Prosegur Compañía de Seguridad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
These 4 Measures Indicate That Prosegur Compañía de Seguridad (BME:PSG) Is Using Debt Extensively1 week ago | Simply Wall St
Prosegur Compañía de Seguridad (BME:PSG) Will Will Want To Turn Around Its Return Trends3 weeks ago | Simply Wall St
If You Like EPS Growth Then Check Out Prosegur Compañía de Seguridad (BME:PSG) Before It's Too LateValuation
Is Prosegur Compañía de Seguridad undervalued compared to its fair value and its price relative to the market?
1.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PSG (€2.84) is trading below our estimate of fair value (€2.87)
Significantly Below Fair Value: PSG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PSG is good value based on its PE Ratio (4.7x) compared to the XE Commercial Services industry average (24.6x).
PE vs Market: PSG is good value based on its PE Ratio (4.7x) compared to the Spanish market (23.1x).
Price to Earnings Growth Ratio
PEG Ratio: PSG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PSG is good value based on its PB Ratio (2.2x) compared to the XE Commercial Services industry average (2.3x).
Future Growth
How is Prosegur Compañía de Seguridad forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
-22.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSG's earnings are forecast to decline over the next 3 years (-22.6% per year).
Earnings vs Market: PSG's earnings are forecast to decline over the next 3 years (-22.6% per year).
High Growth Earnings: PSG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PSG's revenue (4.6% per year) is forecast to grow slower than the Spanish market (9% per year).
High Growth Revenue: PSG's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSG's Return on Equity is forecast to be high in 3 years time (21.8%)
Past Performance
How has Prosegur Compañía de Seguridad performed over the past 5 years?
16.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSG has a large one-off gain of €411.4M impacting its December 31 2020 financial results.
Growing Profit Margin: PSG's current net profit margins (9.3%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: PSG's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: PSG's earnings growth over the past year (183.1%) exceeds its 5-year average (16.6% per year).
Earnings vs Industry: PSG earnings growth over the past year (183.1%) exceeded the Commercial Services industry 13.3%.
Return on Equity
High ROE: Whilst PSG's Return on Equity (46.63%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Prosegur Compañía de Seguridad's financial position?
Financial Position Analysis
Short Term Liabilities: PSG's short term assets (€1.7B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: PSG's short term assets (€1.7B) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: PSG's debt to equity ratio (266%) is considered high.
Reducing Debt: PSG's debt to equity ratio has increased from 133.7% to 266% over the past 5 years.
Debt Coverage: PSG's debt is not well covered by operating cash flow (17%).
Interest Coverage: PSG's interest payments on its debt are well covered by EBIT (14.1x coverage).
Balance Sheet
Dividend
What is Prosegur Compañía de Seguridad current dividend yield, its reliability and sustainability?
4.37%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PSG's dividend (4.37%) is higher than the bottom 25% of dividend payers in the Spanish market (1.64%).
High Dividend: PSG's dividend (4.37%) is low compared to the top 25% of dividend payers in the Spanish market (5.33%).
Stability and Growth of Payments
Stable Dividend: PSG's dividends per share have been stable in the past 10 years.
Growing Dividend: PSG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.6%), PSG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PSG's dividends in 3 years are forecast to be covered by earnings (55.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Christian Revoredo
13.25yrs
Tenure
€1,336,000
Compensation
Mr. Christian Gut Revoredo has been Chairman at Prosegur Cash, S.A. since December 2016 & serves as its Executive Director. Mr. Revoredo has been the Chief Executive Officer of Prosegur Compañía de Segurid...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Christian's total compensation is reasonable compared to companies of similar size in the Spanish market.
Compensation vs Earnings: Insufficient data to compare Christian's compensation with company performance.
Leadership Team
Experienced Management: PSG's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: PSG's board of directors are seasoned and experienced ( 12.4 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 Compañía de Seguridad, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Prosegur Compañía de Seguridad, S.A.
- Ticker: PSG
- Exchange: BME
- Founded: 1976
- Industry: Security and Alarm Services
- Sector: Commercial Services
- Market Cap: €1.543b
- Shares outstanding: 543.34m
- Website: https://www.prosegur.com
Number of Employees
Location
- Prosegur Compañía de Seguridad, S.A.
- Calle Pajaritos, 24
- Madrid
- Madrid
- 28007
- Spain
Listings
Biography
Prosegur Compañía de Seguridad, S.A. operates in the private security sector. The company operates through Security, Cash, and Alarms segments. The Security segment offers manned guarding, mobility, electr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/09 18:58 |
| End of Day Share Price | 2021/04/09 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.