COFACE SA

ENXTPA:COFA Stock Report

Market Cap: €2.2b

COFACE Management

Management criteria checks 3/4

COFACE's CEO is Xavier Durand, appointed in Feb 2016, has a tenure of 10.25 years. total yearly compensation is €3.94M, comprised of 24.9% salary and 75.1% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth €6.21M. The average tenure of the management team and the board of directors is 9.1 years and 4 years respectively.

Key information

Xavier Durand

Chief executive officer

€3.9m

Total compensation

CEO salary percentage24.87%
CEO tenure10.3yrs
CEO ownership0.3%
Management average tenure9.1yrs
Board average tenure4yrs

Recent management updates

Recent updates

Analysis Article • May 16

COFACE SA (EPA:COFA) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

It's been a good week for COFACE SA ( EPA:COFA ) shareholders, because the company has just released its latest...
Narrative Update • Apr 23

COFA: Future Returns Will Rely On Dividend Policy And Slightly Lower Earnings Multiple

Analysts have trimmed their price target on COFACE by €0.30, reflecting a slightly lower view on valuation while keeping core assumptions around fair value and earnings metrics broadly unchanged. Analyst Commentary Sell side commentary around the €0.30 price target cut on COFACE points to only a mild reset in expectations, rather than a shift in the core thesis.
Narrative Update • Apr 06

COFA: Future Returns Will Rely On Dividend Strength And Discount Rate Support

Analysts have trimmed their price target for COFACE to €16 from €16.50, citing updated assumptions around discount rates and earnings multiples while keeping core fair value inputs broadly unchanged. Analyst Commentary Recent research points to a slightly lower valuation framework for COFACE, with the target moved to €16 from €16.50 while the Hold rating is maintained.
Narrative Update • Mar 22

COFA: Future Returns Will Rely On Dividend Strength And Hold Stance

Analysts have trimmed their price target for COFACE by €0.50 to €16.00, citing updated views on valuation inputs while keeping the underlying fair value assumptions broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the updated €16.00 target as consistent with a view that current valuation already reflects known risks, which can appeal if you are looking for more measured expectations rather than aggressive growth assumptions.
Narrative Update • Mar 08

COFA: Future Earnings Profile Will Rely On Dividend Strength And Hold Rating

Narrative Update on COFACE Analysts have trimmed their price target on COFACE by €0.50 to €16, reflecting updated assumptions on discount rates, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent Street research on COFACE points to a modest recalibration of expectations, with the stated price target now at €16, slightly below earlier levels.
Narrative Update • Feb 21

COFA: Future Earnings Profile Will Rely On Dividend Strength And Neutral Rating

Analysts have trimmed their price target on COFACE by €0.50 to €16, citing updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research updates around COFACE focus on relatively small price target trims and a maintained hold stance.
Narrative Update • Feb 06

COFA: Future Earnings Profile Will Balance Modest Repricing And Neutral Market Expectations

Narrative update on COFACE Analysts have nudged their price target on COFACE slightly lower, trimming it by about €0.30 as modest adjustments to discount rate, profit margin and future P/E expectations filter through their models. Analyst Commentary Recent research shows a modest recalibration of expectations on COFACE, with the published price target brought to €16 from €16.50, and an additional adjustment of about €0.30 reflected in updated models.
Narrative Update • Jan 22

COFA: Future Earnings Profile Will Support Upside From Current Market Skepticism

Narrative Update The analyst price target for COFACE has edged lower alongside our fair value estimate. It now stands at €17.74 compared with €17.93 previously, as analysts factor in slightly higher discount rates, more cautious revenue growth assumptions, and a modestly adjusted future P/E expectation.
Narrative Update • Jan 08

COFA: Future Margin Resilience Will Support Upside From Current Market Skepticism

Analysts have trimmed their fair value estimate for COFACE from €18.28 to €17.93, reflecting lower Street price targets near €16 to €20.90 and updated assumptions around the discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research on COFACE reflects a tighter cluster of price targets between €16 and €20.90, with ratings split between Hold and Buy.
Analysis Article • Nov 06

Analyst Estimates: Here's What Brokers Think Of COFACE SA (EPA:COFA) After Its Third-Quarter Report

Last week, you might have seen that COFACE SA ( EPA:COFA ) released its quarterly result to the market. The early...
Analysis Article • Nov 05

Improved Earnings Required Before COFACE SA (EPA:COFA) Shares Find Their Feet

COFACE SA's ( EPA:COFA ) price-to-earnings (or "P/E") ratio of 8.9x might make it look like a buy right now compared to...
Analysis Article • Jun 20

Insufficient Growth At COFACE SA (EPA:COFA) Hampers Share Price

With a price-to-earnings (or "P/E") ratio of 9.3x COFACE SA ( EPA:COFA ) may be sending bullish signals at the moment...
Analysis Article • Apr 11

COFACE (EPA:COFA) Will Pay A Larger Dividend Than Last Year At €1.40

The board of COFACE SA ( EPA:COFA ) has announced that it will be paying its dividend of €1.40 on the 22nd of May, an...
Analysis Article • Feb 23

Analysts Have Made A Financial Statement On COFACE SA's (EPA:COFA) Full-Year Report

As you might know, COFACE SA ( EPA:COFA ) recently reported its annual numbers. It was an okay result overall, with...
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New Narrative • Feb 15

Earnings And Margins Will Decline, Impacting Future Profitability

Coface's focused investment in Business Information and technology enhances capabilities, driving potential revenue and operational efficiency improvements.
Analysis Article • Jan 03

Improved Earnings Required Before COFACE SA (EPA:COFA) Shares Find Their Feet

When close to half the companies in France have price-to-earnings ratios (or "P/E's") above 15x, you may consider...
Analysis Article • Sep 09

COFACE SA's (EPA:COFA) Low P/E No Reason For Excitement

With a price-to-earnings (or "P/E") ratio of 8.4x COFACE SA ( EPA:COFA ) may be sending bullish signals at the moment...
Analysis Article • Mar 02

The COFACE SA (EPA:COFA) Yearly Results Are Out And Analysts Have Published New Forecasts

It's been a good week for COFACE SA ( EPA:COFA ) shareholders, because the company has just released its latest...

CEO Compensation Analysis

How has Xavier Durand's remuneration changed compared to COFACE's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

€214m

Dec 31 2025€4m€980k

€222m

Sep 30 2025n/an/a

€230m

Jun 30 2025n/an/a

€243m

Mar 31 2025n/an/a

€255m

Dec 31 2024€4m€980k

€261m

Sep 30 2024n/an/a

€258m

Jun 30 2024n/an/a

€254m

Mar 31 2024n/an/a

€248m

Dec 31 2023€3m€750k

€241m

Sep 30 2023n/an/a

€244m

Jun 30 2023n/an/a

€234m

Mar 31 2023n/an/a

€249m

Dec 31 2022€3m€750k

€240m

Sep 30 2022n/an/a

€219m

Jun 30 2022n/an/a

€235m

Mar 31 2022n/an/a

€220m

Dec 31 2021€3m€750k

€224m

Sep 30 2021n/an/a

€221m

Jun 30 2021n/an/a

€182m

Mar 31 2021n/an/a

€127m

Dec 31 2020€2m€692k

€83m

Sep 30 2020n/an/a

€82m

Jun 30 2020n/an/a

€92m

Mar 31 2020n/an/a

€123m

Dec 31 2019€2m€575k

€147m

Compensation vs Market: Xavier's total compensation ($USD4.60M) is above average for companies of similar size in the French market ($USD2.16M).

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

CEO

Xavier Durand (61 yo)

10.3yrs
Tenure
€3,941,170
Compensation

Mr. Xavier Pascal Durand is Chairman of Compagnie française d assurance pour le commerce extérieur. Mr. Durand has been Chief Executive Officer of Coface SA since February 9, 2016 and was its MD. Mr. Duran...

Leadership Team

NamePositionTenureCompensationOwnership
Xavier Durand
CEO & Chairman of Management Board10.3yrs€3.94m0.28%
€ 6.2m
Phalla Gervais
Member of Management Board4.7yrsno datano data
Carole Lytton
General Secretary & Member of Management Board10.8yrsno datano data
Carine Pichon
Chief Executive Officer of Western Europe & Africa Region4.3yrsno datano data
Cyrille Charbonnel
Group Chief Underwriting Director & Member of Management Board9.1yrsno datano data
Nicolas Garcia
Group Commercial Director & Member of Management Boardno datano datano data
Thibault Surer
Strategy & Business Development Director and Member of Management Board9.9yrsno datano data
Keyvan Shamsa
Business Technology Director & Member of Management Board7.5yrsno datano data
Pierre Bevierre
Chief Human Resources Officer & Member of Management Board9.3yrsno datano data
Gonzague Noel
Group COO & Member of Management Board1.3yrsno datano data
Joerg Diewald
Director of Information Services & Partnerships and Member of Management Board1.3yrsno datano data
Thomas Jacquet
Head of Investor Relations & Rating Agencies9.7yrsno datano data
9.1yrs
Average Tenure
58.5yo
Average Age

Experienced Management: COFA's management team is seasoned and experienced (9.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bernardo Sanchez-Incera
Independent Chairman of the Board5.3yrs€240.00k0.00067%
€ 15.0k
Yves Charbonneau
Non-Independent Director1.3yrs€37.38k0.00067%
€ 15.0k
David Gansberg
Non-Independent Director4.8yrs€37.21k0.00067%
€ 15.0k
Laurent Musy
Independent Director4yrs€41.00k0.0012%
€ 26.8k
Janice Englesbe
Non-Independent Director5.3yrs€41.00k0.00067%
€ 15.0k
Nathalie Lomon
Independent Director8.8yrs€58.00k0.00080%
€ 17.9k
Sebastien Proto
Independent Director1yr€32.13k0.00067%
€ 15.0k
Marcy Rathman
Non-Independent Director1.8yrs€26.00k0.00067%
€ 15.0k
Laetitia Leonard-Reuter
Independent Director4yrs€58.00k0.00067%
€ 15.0k
Anne-Sophie Galas
Independent Directorno datano datano data
4.0yrs
Average Tenure
54yo
Average Age

Experienced Board: COFA's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 12:46
End of Day Share Price 2026/05/29 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

COFACE SA is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aurelia Sarah FaureBanco Santander
Michael HuttnerBerenberg
Dominic O'MahonyBNP Paribas