BVL:RIMSEGC1

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RIMAC Seguros y Reaseguros

Executive Summary

RIMAC Seguros y Reaseguros S.A. engages in the insurance business in Peru. More Details


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has RIMAC Seguros y Reaseguros's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RIMSEGC1 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

RIMSEGC1

0%

PE Insurance

-1.3%

PE Market


1 Year Return

-11.5%

RIMSEGC1

-9.2%

PE Insurance

-13.6%

PE Market

Return vs Industry: RIMSEGC1 underperformed the PE Insurance industry which returned -9.2% over the past year.

Return vs Market: RIMSEGC1 exceeded the PE Market which returned -14.8% over the past year.


Shareholder returns

RIMSEGC1IndustryMarket
7 Day0%0%-1.3%
30 Day-1.0%-0.6%-2.2%
90 Day0%-0.4%-2.6%
1 Year-11.5%-11.5%-4.5%-9.2%-10.7%-13.6%
3 Year-28.6%-30.9%-10.7%-17.7%-7.2%-15.7%
5 Year20.5%9.7%85.9%32.8%67.6%41.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is RIMAC Seguros y Reaseguros undervalued compared to its fair value and its price relative to the market?

5.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RIMSEGC1 (PEN1) is trading above our estimate of fair value (PEN0.52)

Significantly Below Fair Value: RIMSEGC1 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RIMSEGC1 is good value based on its PE Ratio (5.1x) compared to the PE Insurance industry average (6.7x).

PE vs Market: RIMSEGC1 is good value based on its PE Ratio (5.1x) compared to the PE market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RIMSEGC1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RIMSEGC1 is good value based on its PB Ratio (0.7x) compared to the PE Insurance industry average (1.3x).


Next Steps

Future Growth

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

1.4%

Forecasted Insurance 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 RIMAC Seguros y Reaseguros 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 RIMAC Seguros y Reaseguros performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RIMSEGC1 has high quality earnings.

Growing Profit Margin: RIMSEGC1's current net profit margins (6.2%) are lower than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: RIMSEGC1's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: RIMSEGC1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RIMSEGC1 had negative earnings growth (-20.5%) over the past year, making it difficult to compare to the Insurance industry average (-4%).


Return on Equity

High ROE: RIMSEGC1's Return on Equity (12.1%) is considered low.


Next Steps

Financial Health

How is RIMAC Seguros y Reaseguros's financial position?


Financial Position Analysis

Short Term Liabilities: RIMSEGC1's short term assets (PEN6.4B) exceed its short term liabilities (PEN5.2B).

Long Term Liabilities: RIMSEGC1's short term assets (PEN6.4B) do not cover its long term liabilities (PEN9.4B).


Debt to Equity History and Analysis

Debt Level: RIMSEGC1's debt to equity ratio (5.5%) is considered satisfactory.

Reducing Debt: RIMSEGC1's debt to equity ratio has increased from 3.5% to 5.5% over the past 5 years.

Debt Coverage: RIMSEGC1's debt is well covered by operating cash flow (1176.9%).

Interest Coverage: RIMSEGC1's interest payments on its debt are well covered by EBIT (37.3x coverage).


Balance Sheet


Next Steps

Dividend

What is RIMAC Seguros y Reaseguros's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RIMSEGC1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RIMSEGC1'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 RIMSEGC1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RIMSEGC1'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 RIMSEGC1'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?

5.8yrs

Average management tenure


CEO

RIMAC Seguros y Reaseguros has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Álvaro Chávez Tori
Executive Vice-President of Planningno datano datano data
José Martínez Sanguinetti
Executive Vice President of Investment & Pensions Division5.83yrsno datano data
Luis Javier Ignacio Venturo Urbina
Executive Vice-President of Legal and Regulation Division7.67yrsno datano data
José Felipa Chanco
Compliance Officerno datano datano data
Cecilia Maldonado Sebastiani
Vice President of Human Development Managementno datano datano data
Mario Potestá Martínez
Executive Vice President of Indirect Channels & Provinces5.83yrsno datano data

5.8yrs

Average Tenure

Experienced Management: RIMSEGC1's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bernardo Fort-Brescia
Director15.75yrsno datano data
Luis Julián Carranza Ugarte
Director8.75yrsno datano data
Pedro Manuel Juan Brescia Moreyra
Vice President of Board of Directors7.42yrsno datano data
Alex Paul Fort Brescia
Chairman7.42yrsno datano data
Mario Augusto Miguel Brescia Moreyra
Director25.75yrsno datano data
Fortunato Juan José Brescia Moreyra
Director23.75yrsno datano data
Alfonso J. Brazzini Díaz-Ufano
Director27.75yrsno datano data
Edgardo Arboccó Valderrama
Directorno datano datano data
Cilloniz Champín Ricardo
Director41.75yrsno datano data
Rafael Venegas Vidaurre
Directorno datano datano data

19.8yrs

Average Tenure

Experienced Board: RIMSEGC1's board of directors are seasoned and experienced ( 19.8 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 been diluted in the past year, with total shares outstanding growing by 8.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: RIMAC Seguros y Reaseguros S.A.
  • Ticker: RIMSEGC1
  • Exchange: BVL
  • Founded: 1896
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: S/1.472b
  • Shares outstanding: 1.47b
  • Website: https://www.rimac.com

Location

  • RIMAC Seguros y Reaseguros S.A.
  • The Begonias No. 475
  • Floor 3
  • San Isidro
  • Lima
  • Peru

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RIMSEGC1BVL (Bolsa de Valores de Lima)YesCommon SharesPEPENDec 1993

Biography

RIMAC Seguros y Reaseguros S.A. engages in the insurance business in Peru. The company offers health, oncological, EPS, accident, vehicle, SOAT, hogar, life, retirement, saving, guaranteed income, travel, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 18:13
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.