COFACE SA, through its subsidiaries, provides credit insurance products and related services for small and medium enterprises, mid-market companies, multi-nationals, financial institutions, and clients of distributer partners.
Fair value with moderate growth potential.
Share Price & News
How has COFACE's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COFA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: COFA underperformed the French Insurance industry which returned -29% over the past year.
Return vs Market: COFA underperformed the French Market which returned -7.3% over the past year.
Price Volatility Vs. Market
How volatile is COFACE's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StA Rising Share Price Has Us Looking Closely At COFACE SA's (EPA:COFA) P/E Ratio
1 month ago | Simply Wall StHow Does COFACE's (EPA:COFA) P/E Compare To Its Industry, After Its Big Share Price Gain?
2 months ago | Simply Wall StIntroducing COFACE (EPA:COFA), The Stock That Dropped 42% In The Last Five Years
Is COFACE undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: COFA (€6.93) is trading above our estimate of fair value (€5.4)
Significantly Below Fair Value: COFA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: COFA is good value based on its PE Ratio (7.1x) compared to the FR Insurance industry average (11.2x).
PE vs Market: COFA is good value based on its PE Ratio (7.1x) compared to the French market (16x).
Price to Earnings Growth Ratio
PEG Ratio: COFA is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: COFA's PB Ratio (0.5x) is in line with the FR Insurance industry average.
How is COFACE 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: COFA's forecast earnings growth (25.5% per year) is above the savings rate (0.6%).
Earnings vs Market: COFA's earnings (25.5% per year) are forecast to grow faster than the French market (22.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: COFA's revenue is expected to decline over the next 3 years (-0.6% per year).
High Growth Revenue: COFA's revenue is forecast to decline over the next 3 years (-0.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COFA's Return on Equity is forecast to be low in 3 years time (7.4%).
How has COFACE performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COFA has high quality earnings.
Growing Profit Margin: COFA's current net profit margins (8.1%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: COFA's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: COFA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COFA had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Insurance industry average (0.4%).
Return on Equity
High ROE: COFA's Return on Equity (6.6%) is considered low.
How is COFACE's financial position?
Financial Position Analysis
Short Term Liabilities: COFA's short term assets (€4.3B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: COFA's short term assets (€4.3B) exceed its long term liabilities (€3.1B).
Debt to Equity History and Analysis
Debt Level: COFA's debt to equity ratio (150.3%) is considered high.
Reducing Debt: COFA's debt to equity ratio has increased from 149.1% to 150.3% over the past 5 years.
Debt Coverage: COFA's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: COFA's interest payments on its debt are well covered by EBIT (9.4x coverage).
What is COFACE current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate COFA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate COFA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if COFA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COFA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: COFA is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of COFA's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xavier Durand (56 yo)
Mr. Xavier Pascal Durand has been Chief Executive Officer of Coface SA since February 9, 2016 and was its MD. Mr. Durand has been Chief Executive Officer of the Insurance Group Coface since February 2016. ...
CEO Compensation Analysis
Compensation vs Market: Xavier's total compensation ($USD2.26M) is above average for companies of similar size in the French market ($USD812.67K).
Compensation vs Earnings: Xavier's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||4.5yrs||€1.92m||no data|
|Group Chief Financial & Risk Officer||7.58yrs||no data||no data|
|Business Technology Director||1.75yrs||no data||no data|
|Head of Investor Relations & Rating Agencies||3.92yrs||no data||no data|
|Group Compliance Director||3.67yrs||no data||no data|
|Communications Director||no data||no data||no data|
|Chief Human Resources Officer||no data||no data||no data|
|Managing Director of UK & Ireland||7.83yrs||no data||no data|
|Chief Executive Officer of Western Europe Region||3.33yrs||no data||no data|
|Chief Executive Officer of Northern Europe Region||2.83yrs||no data||no data|
|Managing Director of Coface Re||3.92yrs||no data||no data|
|Chief Executive Officer of Asia Pacific Region||3.92yrs||no data||no data|
Experienced Management: COFA's management team is considered experienced (3.9 years average tenure).
|Chairman & CEO of Coface Holding North America & Director of Coface Holding North America||no data||no data||no data|
|Independent Director||6.08yrs||€55.00k||0.00059% |
|Independent Director||6.08yrs||€40.00k||0.00033% |
|Independent Director||6.08yrs||€33.00k||0.00033% |
|Non-Independent Director||3.5yrs||€23.00k||0.00066% |
|Chairman of the Board||2.17yrs||€1.95m||0.00033% |
|Non-Independent Director||3.75yrs||no data||0.00033% |
|Independent Director||3.08yrs||€41.00k||0.00033% |
|Independent Director||3.08yrs||€55.00k||0.00060% |
|Director||1.25yrs||no data||0.00033% |
|Non-Independent Director||3.75yrs||€41.00k||0.00033% |
Experienced Board: COFA's board of directors are considered experienced (3.8 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.
COFACE SA's company bio, employee growth, exchange listings and data sources
- Name: COFACE SA
- Ticker: COFA
- Exchange: ENXTPA
- Founded: 1946
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: €1.010b
- Shares outstanding: 150.70m
- Website: https://www.coface.com
Number of Employees
- COFACE SA
- 1, place Costes et Bellonte
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|COFA||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jun 2014|
|COFAP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 2014|
|0QVK||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jun 2014|
|65C||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2014|
COFACE SA, through its subsidiaries, provides credit insurance products and related services for small and medium enterprises, mid-market companies, multi-nationals, financial institutions, and clients of ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/03 21:34|
|End of Day Share Price||2020/08/03 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.