BVL:RIMSEGC1

Stock Analysis Report

RIMAC Seguros y Reaseguros

Executive Summary

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

Snowflake

Fundamentals

Undervalued with excellent balance sheet.


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


Market Performance


7 Day Return

-1.7%

RIMSEGC1

-0.4%

PE Insurance

0.5%

PE Market


1 Year Return

1.1%

RIMSEGC1

-3.0%

PE Insurance

4.6%

PE Market


Shareholder returns

RIMSEGC1IndustryMarket
7 Day-1.7%-0.4%0.5%
30 Day-4.2%-2.8%1.9%
90 Day-5.8%-3.4%-1.1%
1 Year4.1%1.1%2.1%-3.0%8.2%4.6%
3 Year-6.2%-11.7%69.5%39.7%35.6%23.6%
5 Year26.1%10.8%104.6%49.9%43.9%25.5%

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?

49.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RIMSEGC1 (PEN1.13) is trading below our estimate of fair value (PEN2.23)

Significantly Below Fair Value: RIMSEGC1 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RIMSEGC1 is good value based on its PE Ratio (4.6x) compared to the Insurance industry average (6.3x).

PE vs Market: RIMSEGC1 is good value based on its PE Ratio (4.6x) compared to the PE market (11.7x).


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 (0.8x) 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?

14.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RIMSEGC1's forecast earnings growth (14% per year) is above the savings rate (2.7%).

Earnings vs Market: RIMSEGC1's earnings (14% per year) are forecast to grow faster than the PE market (11.1% per year).

High Growth Earnings: RIMSEGC1's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if RIMSEGC1's revenue is forecast to grow faster than the PE market.

High Growth Revenue: Insufficient data to determine if RIMSEGC1'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 RIMAC Seguros y Reaseguros performed over the past 5 years?

-0.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RIMSEGC1's earnings have declined by -0.2% per year over the past 5 years.

Accelerating Growth: RIMSEGC1's earnings growth over the past year (223.3%) exceeds its 5-year average (-0.2% per year).

Earnings vs Industry: RIMSEGC1 earnings growth over the past year (223.3%) exceeded the Insurance industry 13.4%.


Return on Equity

High ROE: RIMSEGC1's Return on Equity (17%) is considered low.


Return on Assets

ROA vs Industry: RIMSEGC1's Return on Assets is below or equal to the Insurance industry average last year.


Return on Capital Employed

ROCE Improving: RIMSEGC1 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is RIMAC Seguros y Reaseguros'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: RIMSEGC1's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if RIMSEGC1 has a sufficient allowance for bad loans.

Low Risk Liabilities: RIMSEGC1 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if RIMSEGC1 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: RIMSEGC1 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if RIMSEGC1 has an appropriate level of bad loans.


Next Steps

Dividend

What is RIMAC Seguros y Reaseguros'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 RIMSEGC1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate RIMSEGC1'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 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

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

4.8yrs

Average management tenure


CEO

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


Management Age and Tenure

4.8yrs

Average Tenure

Experienced Management: RIMSEGC1's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

18.8yrs

Average Tenure

Experienced Board: RIMSEGC1's board of directors are seasoned and experienced ( 18.8 years average tenure).


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

  • José Martínez Sanguinetti

    Executive Vice President of Investment & Pensions Division

    • Tenure: 4.8yrs
  • Mario Potestá Martínez

    Executive Vice President of Indirect Channels & Provinces

    • Tenure: 4.8yrs
  • Luis Javier Ignacio Venturo Urbina

    Executive Vice-President of Legal and Regulation Division

    • Tenure: 6.7yrs
  • Álvaro Chávez Tori

    Executive Vice-President of Planning

    • Tenure: 0yrs
  • Cecilia Maldonado Sebastiani

    Vice President of Human Development Management

    • Tenure: 0yrs
  • José Felipa Chanco

    Compliance Officer

    • Tenure: 0yrs

Board Members

  • Bernardo Fort-Brescia (68yo)

    Director

    • Tenure: 14.8yrs
  • Luis Julián Carranza Ugarte

    Director

    • Tenure: 7.8yrs
  • Pedro Manuel Juan Brescia Moreyra

    Vice President of Board of Directors

    • Tenure: 6.4yrs
  • Alex Paul Fort Brescia

    Chairman

    • Tenure: 6.4yrs
  • Mario Augusto Miguel Brescia Moreyra

    Director

    • Tenure: 24.8yrs
  • Fortunato Juan José Brescia Moreyra

    Director

    • Tenure: 22.8yrs
  • Alfonso J. Brazzini Díaz-Ufano

    Director

    • Tenure: 26.8yrs
  • Edgardo Arboccó Valderrama

    Director

    • Tenure: 0yrs
  • Cilloniz Champín Ricardo

    Director

    • Tenure: 40.8yrs
  • Rafael Venegas Vidaurre (69yo)

    Director

    • Tenure: 0yrs

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./1.534b
  • Shares outstanding: 1.36b
  • 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 Analysis2019/10/21 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.