BVL:POSITIC1

Stock Analysis Report

La Positiva Seguros y ReasegurosA

Executive Summary

La Positiva Seguros y Reaseguros S.A.A. provides insurance products and services to individuals and business customers in Peru.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has La Positiva Seguros y ReasegurosA's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

POSITIC1

-1.0%

PE Insurance

0.5%

PE Market


1 Year Return

-11.2%

POSITIC1

-3.0%

PE Insurance

4.5%

PE Market


Shareholder returns

POSITIC1IndustryMarket
7 Day0%-1.0%0.5%
30 Day0%-2.8%1.7%
90 Day-0.3%-3.4%-1.6%
1 Year-11.2%-11.2%2.1%-3.0%8.0%4.5%
3 Year75.6%75.6%68.1%38.6%35.4%23.5%
5 Year69.0%69.0%106.4%51.4%43.9%25.5%

Price Volatility Vs. Market

How volatile is La Positiva Seguros y ReasegurosA's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is La Positiva Seguros y ReasegurosA undervalued compared to its fair value and its price relative to the market?

39.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: POSITIC1 (PEN1.5) is trading above our estimate of fair value (PEN1.41)

Significantly Undervalued: POSITIC1 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: POSITIC1 is poor value based on its PE Ratio (39.2x) compared to the Insurance industry average (6.3x).

PE vs Market: POSITIC1 is poor value based on its PE Ratio (39.2x) compared to the PE market (11.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate POSITIC1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: POSITIC1 is good value based on its PB Ratio (1.2x) compared to the PE Insurance industry average (1.3x).


Next Steps

Future Growth

How is La Positiva Seguros y ReasegurosA forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: POSITIC1's forecast earnings growth (31.2% per year) is above the savings rate (2.7%).

Earnings vs Market: POSITIC1's earnings (31.2% per year) are forecast to grow faster than the PE market (11.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if POSITIC1's revenue is forecast to grow faster than the PE market.

High Growth Revenue: Insufficient data to determine if POSITIC1's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has La Positiva Seguros y ReasegurosA performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: POSITIC1's earnings have grown by 3.3% per year over the past 5 years.

Accelerating Growth: POSITIC1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: POSITIC1 had negative earnings growth (-67.7%) over the past year, making it difficult to compare to the Insurance industry average (13.4%).


Return on Equity

High ROE: POSITIC1's Return on Equity (6.2%) is considered low.


Return on Assets

ROA vs Industry: POSITIC1's Return on Assets is below or equal to the Insurance industry average last year.


Return on Capital Employed

ROCE Improving: POSITIC1's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is La Positiva Seguros y ReasegurosA'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

Information is not available.

Information is not available.


Financial Institutions Analysis

Asset Level: POSITIC1's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if POSITIC1 has a sufficient allowance for bad loans.

Low Risk Liabilities: POSITIC1 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if POSITIC1 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: POSITIC1 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if POSITIC1 has an appropriate level of bad loans.


Next Steps

Dividend

What is La Positiva Seguros y ReasegurosA's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.6%markettop25%9.5%industryaverage3.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate POSITIC1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate POSITIC1's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if POSITIC1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if POSITIC1's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of POSITIC1's dividend in 3 years as they are not forecast to pay a notable one for the PE market.


Next Steps

Management

What is the CEO of La Positiva Seguros y ReasegurosA's salary, the management and board of directors tenure and is there insider trading?

0.6yrs

Average board tenure


CEO

Juan Manuel Peña Henderson 0

0yrs

Tenure

0

Mr. Juan Manuel Peña Henderson serves as the Chief Executive Officer and General Manager of La Positiva Seguros y Reaseguros S.A. Mr. Henderson serves as General Manager at La Positiva Vida Seguros y Rease ...


Board Age and Tenure

0.6yrs

Average Tenure

81yo

Average Age

Experienced Board: POSITIC1's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Gustavo Cerdeña Rodríguez

    General Manager

    • Tenure: 0yrs
  • Juan Manuel Peña Henderson

    CEO, General Manager & Director

    • Tenure: 0yrs
  • Carlos Enrique Morey Lindley

    Corporate Marketing Manager

    • Tenure: 0yrs
  • Gustavo Salazar Delgado

    Assistant Chief Executive Officer and Deputy General Manager of Lima

    • Tenure: 0yrs
  • Daniel Macedo Nieri

    Corporate Operations Manager

    • Tenure: 0yrs
  • Leonor Maria Arana

    Corporate Legal Manager

    • Tenure: 0yrs
  • Luis Alberto Vasquez Vargas

    Investment Division Manager

    • Tenure: 4.6yrs
  • César Noya Bao

    Business & People Division Manager

    • Tenure: 0yrs
  • Tomé Pedroso

    Technical & Operations Division Manager

    • Tenure: 0.8yrs

Board Members

  • Juan Manuel Peña Roca (81yo)

    Director

    • Tenure: 0yrs
  • Manuel Bustamante Olivares (82yo)

    Director

    • Tenure: 0yrs
  • Andreas von Wedemeyer Knigge (65yo)

    Chairman

    • Tenure: 0yrs
  • Juan Manuel Peña Henderson

    CEO, General Manager & Director

    • Tenure: 0yrs
  • José Manuel Alvarez Quintero

    Vice Chairman of the Board

    • Tenure: 0.6yrs
  • Luis Baba Nakao

    Independent Director

    • Tenure: 0.6yrs
  • Manuel Brandão Mendes

    Independent Director

    • Tenure: 0.6yrs
  • Luis Jaime Marques

    Director

    • Tenure: 0.6yrs
  • Filipe Santos Martins

    Director

    • Tenure: 0.6yrs
  • Andre Simões Cardoso

    Director

    • Tenure: 0.6yrs

Company Information

La Positiva Seguros y Reaseguros S.A.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: La Positiva Seguros y Reaseguros S.A.A.
  • Ticker: POSITIC1
  • Exchange: BVL
  • Founded: 1937
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: S./588.654m
  • Shares outstanding: 392.44m
  • Website: https://www.lapositiva.com.pe

Number of Employees


Location

  • La Positiva Seguros y Reaseguros S.A.A.
  • Calle Francisco Masías 370
  • San Isidro
  • Lima
  • 27
  • Peru

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
POSITIC1BVL (Bolsa de Valores de Lima)YesCommon SharesPEPENMar 1996

Biography

La Positiva Seguros y Reaseguros S.A.A. provides insurance products and services to individuals and business customers in Peru. It offers accident, vehicle, home, and card and credit insurance products; he ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 18:03
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.