CNP Assurances
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
Rewards
Risk Analysis
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
| CNPP | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 1.2% | 2.4% |
| 30 Day | 1.8% | 2.6% | 3.2% |
| 90 Day | 23.3% | 6.4% | 2.1% |
| 1 Year | 82.3%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 Year | 35.9%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
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/10 18:03 |
| End of Day Share Price | 2021/04/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.