Mapfre, S.A.

BME:MAP Stock Report

Market Cap: €12.8b

Mapfre Management

Management criteria checks 4/4

Mapfre's CEO is Antonio Huertas Mejias, appointed in Mar 2012, has a tenure of 14.17 years. total yearly compensation is €2.27M, comprised of 47.1% salary and 52.9% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth €2.78M. The average tenure of the management team and the board of directors is 2.1 years and 8.3 years respectively.

Key information

Antonio Huertas Mejias

Chief executive officer

€2.3m

Total compensation

CEO salary percentage47.05%
CEO tenure14.2yrs
CEO ownership0.02%
Management average tenure2.1yrs
Board average tenure8.3yrs

Recent management updates

Recent updates

Narrative Update • Feb 03

MAP: Future P/E Reset And €4.30 Reference Will Guide Neutral Stance

Analysts have revised their price target on Mapfre to €4.30, in line with the prior €4.30 fair value estimate, citing updated assumptions for revenue growth, slightly higher profit margins and a lower future P/E multiple. Recent UBS coverage with a bearish stance adds a more cautious tone to the outlook.
Narrative Update • Jan 19

MAP: Neutral Stance Will Depend On €4.15 Reference And P/E Assumptions

Narrative Update on Mapfre Analysts now see more limited upside for Mapfre, with the latest Street research pointing to a revised price target of €4.15. This reflects a more cautious stance despite only marginal adjustments to revenue growth, profit margin assumptions and the forward P/E of 12.86x.
Analysis Article • Jan 12

Insufficient Growth At Mapfre, S.A. (BME:MAP) Hampers Share Price

Mapfre, S.A.'s ( BME:MAP ) price-to-earnings (or "P/E") ratio of 11.4x might make it look like a buy right now compared...
Narrative Update • Jan 05

MAP: Neutral Outlook Will Rely On Margins And P/E Assumptions

Analysts have nudged their fair value estimate for Mapfre to €4.30 from €4.00, aligning their updated price target with a more cautious Neutral stance and modest tweaks to the discount rate, revenue growth, margin, and future P/E assumptions. Analyst Commentary Recent research points to a more balanced stance on Mapfre, with the fair value estimate raised to €4.30 while the rating shifts to Neutral.
Narrative Update • Dec 15

MAP: Margin Resilience And Slower Growth Expectations Will Shape Future Performance

Analysts have reduced their price target on Mapfre from EUR 4.15 to EUR 3.92. This reflects expectations for slower top line growth, partially offset by a modest improvement in profitability and a slightly lower future earnings multiple.
Narrative Update • Dec 01

MAP: Margin Improvement And Sector Downgrade Will Shape Near-Term Outlook

Analysts have raised their price target for Mapfre slightly, from €3.89 to €3.92. This reflects a modest improvement in projected profit margins, despite subdued revenue growth expectations and a recent sector downgrade.
Analysis Article • Nov 25

Mapfre (BME:MAP) Is Due To Pay A Dividend Of €0.057

The board of Mapfre, S.A. ( BME:MAP ) has announced that it will pay a dividend of €0.057 per share on the 28th of...
Narrative Update • Nov 17

MAP: Cost Focus And Digital Shifts Will Shape Near-Term Performance

Narrative Update on Mapfre: Revised Analyst Price Target Analysts have lowered their fair value estimate for Mapfre from €3.42 to €3.89, citing a more cautious outlook based on moderating revenue growth and updated research sentiment. Analyst Commentary Bullish Takeaways Bullish analysts note that Mapfre's established market presence and diversified portfolio support stable earnings, which can underpin the current valuation levels.
Analysis Article • Oct 12

With EPS Growth And More, Mapfre (BME:MAP) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Aug 27

There's No Escaping Mapfre, S.A.'s (BME:MAP) Muted Earnings

When close to half the companies in Spain have price-to-earnings ratios (or "P/E's") above 20x, you may consider...
Analysis Article • Jul 27

Mapfre, S.A. (BME:MAP) Just Released Its Half-Yearly Earnings: Here's What Analysts Think

The half-yearly results for Mapfre, S.A. ( BME:MAP ) were released last week, making it a good time to revisit its...
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New Narrative • Feb 23

Strong Capital Base And Diversification Will Support Future Success In Insurance Sector

Strategic focus on profitable growth and diversification could positively influence future earnings and earnings stability.

CEO Compensation Analysis

How has Antonio Huertas Mejias's remuneration changed compared to Mapfre's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

€1b

Dec 31 2025€2m€1m

€1b

Sep 30 2025n/an/a

€1b

Jun 30 2025n/an/a

€1b

Mar 31 2025n/an/a

€1b

Dec 31 2024€2m€904k

€968m

Sep 30 2024n/an/a

€842m

Jun 30 2024n/an/a

€871m

Mar 31 2024n/an/a

€766m

Dec 31 2023€2m€886k

€677m

Sep 30 2023n/an/a

€660m

Jun 30 2023n/an/a

€557m

Mar 31 2023n/an/a

€615m

Dec 31 2022€2m€876k

€564m

Sep 30 2022n/an/a

€729m

Jun 30 2022n/an/a

€708m

Mar 31 2022n/an/a

€746m

Dec 31 2021€2m€853k

€765m

Sep 30 2021n/an/a

€601m

Jun 30 2021n/an/a

€620m

Mar 31 2021n/an/a

€573m

Dec 31 2020€2m€845k

€527m

Sep 30 2020n/an/a

€597m

Jun 30 2020n/an/a

€505m

Mar 31 2020n/an/a

€548m

Dec 31 2019€3m€836k

€609m

Compensation vs Market: Antonio's total compensation ($USD2.64M) is about average for companies of similar size in the Spanish market ($USD3.31M).

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

CEO

Antonio Huertas Mejias (61 yo)

14.2yrs
Tenure
€2,274,000
Compensation

Mr. Antonio Huertas Mejías serves as Chairman and Chief Executive Officer of MAPFRE SA since March 10, 2012 and has been its Director since December 29, 2006 and is its President. Mr. Mejías serves as Pres...

Leadership Team

NamePositionTenureCompensationOwnership
Antonio Huertas Mejias
President14.2yrs€2.27m0.022%
€ 2.8m
Jose Inchausti Perez
First Vice Chairman & CEO of Iberia Regional Area7.8yrs€1.09m0.0053%
€ 682.5k
José Jiménez Guajardo-Fajardo
CFO & Executive Director1.1yrs€1.11m0.0013%
€ 163.3k
Maria Elena Isla
Group Chief People Officer & Executive Directorno data€100.00k0.00095%
€ 121.2k
Francisco Marco Orenes
Group Chief Business Support Officer & Directorno data€194.00k0.00066%
€ 84.2k
Eduardo de Lema Holweg
Head of Reinsuranceno datano data0.0047%
€ 599.6k
Carla Diez
Chief Operating Officerno datano datano data
Juan Aranda
Chief Investment Officer1.1yrsno datano data
Vanessa Garcia
Corporate Dir. of Tech. and Group Chief Information Officer of Corporate Technology & Processes Area5.3yrsno datano data
Leandra Clark
Head of Investor Relations & Capital Markets1.3yrsno datano data
Carlos Nagore Archilla
Corporate Director of Compliance2.9yrsno datano data
Eva Piera Rojo
Group Chief External Relations & Communication Officerno datano datano data
2.1yrs
Average Tenure
57yo
Average Age

Experienced Management: MAP's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Antonio Huertas Mejias
President19.4yrs€2.27m0.022%
€ 2.8m
Jose Inchausti Perez
First Vice Chairman & CEO of Iberia Regional Area7.8yrs€1.09m0.0053%
€ 682.5k
José Jiménez Guajardo-Fajardo
CFO & Executive Director1.2yrs€1.11m0.0013%
€ 163.3k
Maria Elena Isla
Group Chief People Officer & Executive Directorno data€100.00k0.00095%
€ 121.2k
Francisco Marco Orenes
Group Chief Business Support Officer & Director9.2yrs€194.00k0.00066%
€ 84.2k
Eduardo de Lema Holweg
Head of Reinsurance2.3yrsno data0.0047%
€ 599.6k
José Martínez Martínez
Honorary Chairmanno datano datano data
Francesco Paolo d'Archirafi
Independent Directorno data€185.00kno data
Antonio Gomez Ciria
Independent Director7.3yrs€259.00kno data
María De Freitas Costa
Independent Director10.8yrs€115.00kno data
Ana Fernandez Alvarez
Independent Second Vice-Chair of the Board9.8yrs€296.00k0%
€ 0
María del Perales Viscasillas
Independent Director8.3yrs€256.00kno data
8.3yrs
Average Tenure
61yo
Average Age

Experienced Board: MAP's board of directors are considered experienced (8.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 17:39
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mapfre, S.A. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maria del Paz Ojeda FernandezBanco de Sabadell. S.A.
null nullBanco de Sabadell. S.A.
Juan Lopez CoboBanco Santander