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Market Cap

€11.3b

Last Updated

2021/04/10 18:03 UTC

Data Sources

Company Financials +

Executive Summary

CNP Assurances SA provides insurance, coinsurance, and reinsurance solutions in France, Latin America, and other European countries. More Details


Snowflake Analysis

Undervalued established dividend payer.


Similar Companies

Share Price & News

How has CNP Assurances's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine CNPP's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CNPP's volatility change over the past year.


Market Performance


7 Day Return

1.3%

CNPP

1.2%

GB Insurance

2.4%

GB Market


1 Year Return

82.3%

CNPP

38.6%

GB Insurance

24.0%

GB Market

Return vs Industry: CNPP exceeded the UK Insurance industry which returned 38.6% over the past year.

Return vs Market: CNPP exceeded the UK Market which returned 24% over the past year.


Shareholder returns

CNPPIndustryMarket
7 Day1.3%1.2%2.4%
30 Day1.8%2.6%3.2%
90 Day23.3%6.4%2.1%
1 Year82.3%82.3%44.8%38.6%29.9%24.0%
3 Year-12.2%-19.2%8.0%-10.7%14.9%1.2%
5 Year35.9%13.5%41.8%5.8%42.4%15.4%

Long-Term Price Volatility Vs. Market

How volatile is CNP Assurances's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CNP Assurances undervalued compared to its fair value and its price relative to the market?

26.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CNPP (€16.77) is trading below our estimate of fair value (€22.68)

Significantly Below Fair Value: CNPP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CNPP is good value based on its PE Ratio (8.7x) compared to the GB Insurance industry average (14.8x).

PE vs Market: CNPP is good value based on its PE Ratio (8.7x) compared to the UK market (25.7x).


Price to Earnings Growth Ratio

PEG Ratio: CNPP is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: CNPP is good value based on its PB Ratio (0.5x) compared to the GB Insurance industry average (1.4x).


Future Growth

How is CNP Assurances forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

6.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNPP's forecast earnings growth (6.2% per year) is above the savings rate (1%).

Earnings vs Market: CNPP's earnings (6.2% per year) are forecast to grow slower than the UK market (20.8% per year).

High Growth Earnings: CNPP's earnings are forecast to grow, but not significantly.

Revenue vs Market: CNPP's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: CNPP's revenue is forecast to decline over the next 3 years (-1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CNPP's Return on Equity is forecast to be low in 3 years time (7.8%).


Past Performance

How has CNP Assurances performed over the past 5 years?

5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CNPP has high quality earnings.

Growing Profit Margin: CNPP's current net profit margins (3.8%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: CNPP's earnings have grown by 5.2% per year over the past 5 years.

Accelerating Growth: CNPP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CNPP had negative earnings growth (-3.9%) over the past year, making it difficult to compare to the Insurance industry average (-13%).


Return on Equity

High ROE: CNPP's Return on Equity (6.7%) is considered low.


Financial Health

How is CNP Assurances's financial position?


Financial Position Analysis

Short Term Liabilities: CNPP's short term assets (€122.5B) do not cover its short term liabilities (€358.5B).

Long Term Liabilities: CNPP's short term assets (€122.5B) exceed its long term liabilities (€60.0B).


Debt to Equity History and Analysis

Debt Level: CNPP's debt to equity ratio (88.7%) is considered high.

Reducing Debt: CNPP's debt to equity ratio has increased from 60.1% to 88.7% over the past 5 years.

Debt Coverage: CNPP's debt is well covered by operating cash flow (27.1%).

Interest Coverage: CNPP's interest payments on its debt are well covered by EBIT (9.9x coverage).


Balance Sheet


Dividend

What is CNP Assurances's current dividend yield, its reliability and sustainability?

4.66%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 11 2021Ex Dividend DateApr 21 2021Dividend Pay DateApr 23 20212 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CNPP's dividend (4.66%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: CNPP's dividend (4.66%) is in the top 25% of dividend payers in the UK market (4.19%)


Stability and Growth of Payments

Stable Dividend: CNPP's dividend payments have been volatile in the past 10 years.

Growing Dividend: CNPP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.4%), CNPP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CNPP's dividends in 3 years are forecast to be well covered by earnings (46.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Antoine Lissowski (64 yo)

2.58yrs

Tenure

€440,000

Compensation

Mr. Antoine Lissowski serves as Chief Executive Officer of CNP Assurances SA since November 2018 and served as its Chief Financial Officer since December 16, 2013. He served as Interim Chief Executive Offi...


CEO Compensation Analysis

Compensation vs Market: Antoine's total compensation ($USD522.88K) is below average for companies of similar size in the UK market ($USD3.55M).

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


Leadership Team

Experienced Management: CNPP's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: CNPP's board of directors are considered experienced (5 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

CNP Assurances SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CNP Assurances SA
  • Ticker: CNPP
  • Exchange: BATS-CHIXE
  • Founded: 1850
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: €11.335b
  • Shares outstanding: 686.12m
  • Website: https://www.cnp.fr

Number of Employees


Location

  • CNP Assurances SA
  • 4, Place Raoul Dautry
  • Cedex 15
  • Paris
  • Ile-de-France
  • 75716
  • France

Listings


Biography

CNP Assurances SA provides insurance, coinsurance, and reinsurance solutions in France, Latin America, and other European countries. It offers life, accident, long-term care, death and funerals, disability...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/10 18:03
End of Day Share Price2021/04/08 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.