BVL:SCOTIAC1

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Scotiabank PerúA

Executive Summary

Scotiabank Perú S.A.A. provides banking and financial products and services to individuals and businesses in Peru. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Scotiabank PerúA's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SCOTIAC1 is not significantly more volatile than the rest of PE stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: SCOTIAC1's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

6.1%

SCOTIAC1

-0.3%

PE Banks

0.04%

PE Market


1 Year Return

19.3%

SCOTIAC1

-8.2%

PE Banks

0.06%

PE Market

Return vs Industry: SCOTIAC1 exceeded the PE Banks industry which returned -7% over the past year.

Return vs Market: SCOTIAC1 exceeded the PE Market which returned 1.3% over the past year.


Shareholder returns

SCOTIAC1IndustryMarket
7 Day6.1%-0.3%0.04%
30 Day12.7%2.3%2.8%
90 Day12.9%7.9%11.0%
1 Year19.3%19.3%-5.8%-8.2%3.2%0.06%
3 Year42.5%35.3%7.0%-2.6%7.7%-2.4%
5 Year197.3%171.3%111.4%78.8%77.9%52.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Scotiabank PerúA undervalued compared to its fair value and its price relative to the market?

104.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SCOTIAC1 (PEN35) is trading above our estimate of fair value (PEN9.92)

Significantly Below Fair Value: SCOTIAC1 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SCOTIAC1 is poor value based on its PE Ratio (104.4x) compared to the PE Banks industry average (29.6x).

PE vs Market: SCOTIAC1 is poor value based on its PE Ratio (104.4x) compared to the PE market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SCOTIAC1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SCOTIAC1 is overvalued based on its PB Ratio (2.8x) compared to the PE Banks industry average (1.6x).


Next Steps

Future Growth

How is Scotiabank PerúA forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.7%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Scotiabank PerúA has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Scotiabank PerúA performed over the past 5 years?

-1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SCOTIAC1 has a large one-off loss of PEN204.2M impacting its December 31 2020 financial results.

Growing Profit Margin: SCOTIAC1's current net profit margins (11.7%) are lower than last year (36.5%).


Past Earnings Growth Analysis

Earnings Trend: SCOTIAC1's earnings have declined by 1.4% per year over the past 5 years.

Accelerating Growth: SCOTIAC1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SCOTIAC1 had negative earnings growth (-82%) over the past year, making it difficult to compare to the Banks industry average (-61.7%).


Return on Equity

High ROE: SCOTIAC1's Return on Equity (2.5%) is considered low.


Next Steps

Financial Health

How is Scotiabank PerúA's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SCOTIAC1's Assets to Equity ratio (8x) is low.

Allowance for Bad Loans: SCOTIAC1 has a low allowance for bad loans (89%).

Low Risk Liabilities: 69% of SCOTIAC1's liabilities are made up of primarily low risk sources of funding.

Loan Level: SCOTIAC1 has an appropriate level of Loans to Assets ratio (62%).

Low Risk Deposits: SCOTIAC1's Loans to Deposits ratio (102%) is appropriate.

Level of Bad Loans: SCOTIAC1 has a high level of bad loans (11%).


Next Steps

Dividend

What is Scotiabank PerúA current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SCOTIAC1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SCOTIAC1'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 SCOTIAC1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SCOTIAC1's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SCOTIAC1 is not paying a notable dividend for the PE market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SCOTIAC1's dividend in 3 years as they are not forecast to pay a notable one for the PE market.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Miguel Uccelli Labarthe (49 yo)

5.83yrs

Tenure

Mr. Miguel Uccelli Labarthe serves as President of the Board at ProFuturo AFP S.A. since March 26, 2019. He serves as Director at ProFuturo AFP S.A. since March 26, 2019. He has been Vice President of Boar...


Leadership Team

NamePositionTenureCompensationOwnership
Miguel Uccelli Labarthe
CEO, Country Head & Vice President5.83yrsno datano data
María Viola
Chief Financial Officer of Peru2.08yrsno datano data
César Calderón
Senior Vice-President for Operations and Administration5.42yrsno datano data
Miriam Regis
Senior Vice President of Operations2.08yrsno datano data
Francisco Guillermo Rivadeneira Gastañeta
VP of Legal Counselno datano datano data
Antonio Barranco Calvo
Vice President of Human Resources2.92yrsno datano data
Luis Felipe Torres
Co Head of Capital Markets Latam Regionno datano datano data
Elbia Castillo Calderon
Senior Vice President Responsible for AML & Internal Control3.33yrsno datano data
Ernesto Mario Viola Stella
Senior Vice-President for Business Support5.08yrsno datano data
Juan Carlos García Vizcaíno
Senior Vice-President for Retail Banking and Cmf Peru5.83yrsno datano data
Gonzalo Gil Plano
Senior Vice President of Wholesale Banking3.25yrsno datano data
Ignacio Paulo M Quintanilla Salinas
Senior Vice President of Retail Banking & CMF Peru4yrsno datano data

3.7yrs

Average Tenure

Experienced Management: SCOTIAC1's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Miguel Uccelli Labarthe
CEO, Country Head & Vice President5.83yrsno datano data
Gianfranco Maximo Castagnola Zuniga
Independent President of the Board2.92yrsno datano data
Eduardo Jose Sánchez Carrion Troncón
Independent Director3.92yrsno datano data
Elena Aida Conterno Martinelli
Independent Director5.92yrsno datano data
Ignacio Jose Bustamante Romero
Independent Director3.92yrsno datano data
Elsa Catalina Del Castillo Mory
Independent Director3.92yrsno datano data
Claudia Cooper Fort
Independent Director1.83yrsno datano data
Enrique Zorrilla Fullaondo
Director1.92yrsno datano data

3.9yrs

Average Tenure

54yo

Average Age

Experienced Board: SCOTIAC1's board of directors are considered experienced (3.9 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

Scotiabank Perú S.A.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Scotiabank Perú S.A.A.
  • Ticker: SCOTIAC1
  • Exchange: BVL
  • Founded: 1943
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: S/27.441b
  • Shares outstanding: 784.04m
  • Website: https://www.scotiabank.com.pe

Location

  • Scotiabank Perú S.A.A.
  • Avenida Dionisio Derteano 102
  • San Isidro
  • Lima
  • Lima
  • 27
  • Peru

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SCOTIAC1BVL (Bolsa de Valores de Lima)YesCommon SharesPEPENNov 1993

Biography

Scotiabank Perú S.A.A. provides banking and financial products and services to individuals and businesses in Peru. The company offers savings, business, and current accounts; term deposits; and bank certif...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 23:33
End of Day Share Price2021/02/26 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.