Market Cap
€3.9b
Last Updated
2020/10/31 21:50 UTC
Data Sources
Company Financials +
Executive Summary
SCOR SE provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has SCOR's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SCR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-11.9%
SCR
-8.4%
FR Insurance
-6.0%
FR Market
1 Year Return
-44.8%
SCR
-42.9%
FR Insurance
-15.5%
FR Market
Return vs Industry: SCR underperformed the French Insurance industry which returned -42.9% over the past year.
Return vs Market: SCR underperformed the French Market which returned -15.5% over the past year.
Shareholder returns
| SCR | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.9% | -8.4% | -6.0% |
| 30 Day | -11.3% | -11.6% | -3.2% |
| 90 Day | -4.3% | -15.0% | -1.6% |
| 1 Year | -44.8%-44.8% | -41.3%-42.9% | -13.7%-15.5% |
| 3 Year | -34.9%-40.8% | -38.2%-46.0% | -2.4%-10.6% |
| 5 Year | -28.1%-40.6% | -25.5%-41.1% | 22.5%4.6% |
Price Volatility Vs. Market
How volatile is SCOR's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Do Institutions Own SCOR SE (EPA:SCR) Shares?1 month ago | Simply Wall St
What Did SCOR's (EPA:SCR) CEO Take Home Last Year?2 months ago | Simply Wall St
What Type Of Returns Would SCOR's(EPA:SCR) Shareholders Have Earned If They Purchased Their SharesYear Ago?Valuation
Is SCOR undervalued compared to its fair value and its price relative to the market?
39.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SCR (€20.86) is trading below our estimate of fair value (€34.4)
Significantly Below Fair Value: SCR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SCR is poor value based on its PE Ratio (24x) compared to the FR Insurance industry average (12x).
PE vs Market: SCR is poor value based on its PE Ratio (24x) compared to the French market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: SCR is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: SCR's PB Ratio (0.6x) is in line with the FR Insurance industry average.
Next Steps
Future Growth
How is SCOR forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
37.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCR's forecast earnings growth (37.5% per year) is above the savings rate (0.6%).
Earnings vs Market: SCR's earnings (37.5% per year) are forecast to grow faster than the French market (24.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SCR's revenue (4.4% per year) is forecast to grow slower than the French market (6.8% per year).
High Growth Revenue: SCR's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SCR's Return on Equity is forecast to be low in 3 years time (9.7%).
Next Steps
Past Performance
How has SCOR performed over the past 5 years?
-16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCR has high quality earnings.
Growing Profit Margin: SCR's current net profit margins (1%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: SCR's earnings have declined by 16% per year over the past 5 years.
Accelerating Growth: SCR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SCR had negative earnings growth (-53.2%) over the past year, making it difficult to compare to the Insurance industry average (-1.1%).
Return on Equity
High ROE: SCR's Return on Equity (2.5%) is considered low.
Next Steps
Financial Health
How is SCOR's financial position?
Financial Position Analysis
Short Term Liabilities: SCR's short term assets (€21.4B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: SCR's short term assets (€21.4B) do not cover its long term liabilities (€39.0B).
Debt to Equity History and Analysis
Debt Level: SCR's debt to equity ratio (46.1%) is considered high.
Reducing Debt: SCR's debt to equity ratio has increased from 44.1% to 46.1% over the past 5 years.
Debt Coverage: SCR's debt is well covered by operating cash flow (39%).
Interest Coverage: SCR's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Next Steps
Dividend
What is SCOR current dividend yield, its reliability and sustainability?
9.31%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SCR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SCR'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 SCR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SCR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SCR is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SCR's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Denis Kessler (68 yo)
17.83yrs
Tenure
€6,700,700
Compensation
Mr. Denis Jean-Marie Kessler serves as Chairman and Chief Executive Officer at SCOR Holding (Switzerland) AG and SCOR SE since November 4, 2002. Mr. Kessler serves as the Chairman at SCOR Reinsurance Compa ...
CEO Compensation Analysis
Compensation vs Market: Denis's total compensation ($USD7.81M) is above average for companies of similar size in the French market ($USD1.82M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.83yrs | €6.70m | 0.83% € 32.3m | |
| Group Chief Operating Officer | 4.58yrs | no data | no data | |
| Group Chief Risk Officer | 13.75yrs | no data | no data | |
| Chief Executive Officer of SCOR Global Investments & SCOR Investment Partners | 12yrs | no data | no data | |
| Chief Executive Officer of SCOR Global Life | 6.75yrs | no data | no data | |
| Chief Executive Officer of SCOR Global P&C | 1.42yrs | no data | no data | |
| Chief Financial Officer | no data | no data | no data | |
| Head of the Group Investment Office | no data | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| Group Chief Compliance Officer | 5.25yrs | no data | no data | |
| Head of Group Communications | 1.17yrs | no data | no data | |
| Head of Group Ratings & Capital | 3.83yrs | no data | no data |
5.3yrs
Average Tenure
52yo
Average Age
Experienced Management: SCR's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.83yrs | €6.70m | 0.83% € 32.3m | |
| Independent Director | 7.42yrs | €156.00k | 0.0012% € 47.0k | |
| Independent Director | 4.42yrs | €165.00k | 0.00062% € 24.1k | |
| Director | 17.42yrs | €110.00k | 0.0030% € 115.4k | |
| Independent Director | 1.42yrs | €49.00k | 0.00014% € 5.4k | |
| Lead Independent Director | 3.75yrs | €140.00k | 0.00079% € 30.7k | |
| Independent Director | 3.42yrs | €58.00k | no data | |
| Independent Director | 5.42yrs | €74.00k | 0.00060% € 23.3k | |
| Independent Director | 7.42yrs | €125.00k | 0.0020% € 76.2k | |
| Independent Director | 5.42yrs | €138.00k | 0.00079% € 30.7k | |
| Independent Director | 2.42yrs | €99.00k | 0.00027% € 10.5k | |
| Employee Representative Director | 1.42yrs | €33.00k | 0.000040% € 1.6k |
4.9yrs
Average Tenure
60yo
Average Age
Experienced Board: SCR's board of directors are considered experienced (4.9 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
SCOR SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: SCOR SE
- Ticker: SCR
- Exchange: ENXTPA
- Founded: 1970
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: €3.886b
- Shares outstanding: 186.28m
- Website: https://www.scor.com
Number of Employees
Location
- SCOR SE
- 5, Avenue Kléber
- Cedex 16
- Paris
- Ile-de-France
- 75795
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SCR | ENXTPA (Euronext Paris) | Yes | Common Stock | FR | EUR | Feb 1994 |
| SDRC | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1994 |
| SCR | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Feb 1994 |
| 0IT3 | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Feb 1994 |
| SZCR.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Feb 1994 |
| SCRP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Feb 1994 |
| SCRZ | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | CHF | Feb 1994 |
| SDRC | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Feb 1994 |
| SCRY.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Oct 1996 |
Biography
SCOR SE provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates through two segments, SCOR Global P&C and SCOR Global ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/31 21:50 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.