NYSE:GTS

Stock Analysis Report

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Executive Summary

Triple-S Management Corporation, through its subsidiaries, provides a portfolio of managed care and related products in the commercial, Medicare Advantage, and Medicaid markets.


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Triple-S Management's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.0%

GTS

1.1%

US Healthcare

2.5%

US Market


1 Year Return

-12.5%

GTS

16.8%

US Healthcare

15.9%

US Market

Return vs Industry: GTS underperformed the US Healthcare industry which returned 14.8% over the past year.

Return vs Market: GTS underperformed the US Market which returned 14.9% over the past year.


Shareholder returns

GTSIndustryMarket
7 Day-1.0%1.1%2.5%
30 Day0.7%1.9%5.8%
90 Day18.6%6.6%18.2%
1 Year-12.5%-12.5%18.3%16.8%18.4%15.9%
3 Year4.8%4.8%32.2%26.4%39.9%30.9%
5 Year-16.1%-16.1%44.5%34.3%72.9%54.2%

Price Volatility Vs. Market

How volatile is Triple-S Management's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Triple-S Management undervalued compared to its fair value and its price relative to the market?

13.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GTS ($19.24) is trading above our estimate of fair value ($6.16)

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


Price To Earnings Ratio

PE vs Industry: GTS is good value based on its PE Ratio (14x) compared to the US Healthcare industry average (27.7x).

PE vs Market: GTS is good value based on its PE Ratio (14x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GTS is good value based on its PB Ratio (0.5x) compared to the US Healthcare industry average (3x).


Next Steps

Future Growth

How is Triple-S Management forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.3%

Forecasted Healthcare 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 Triple-S Management 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 Triple-S Management performed over the past 5 years?

-14.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GTS has high quality earnings.

Growing Profit Margin: GTS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GTS's earnings have declined by 14.2% per year over the past 5 years.

Accelerating Growth: GTS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GTS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Healthcare industry (16.6%).


Return on Equity

High ROE: GTS's Return on Equity (3.4%) is considered low.


Next Steps

Financial Health

How is Triple-S Management's financial position?


Financial Position Analysis

Short Term Liabilities: GTS's short term assets ($749.6M) do not cover its short term liabilities ($1.6B).

Long Term Liabilities: GTS's short term assets ($749.6M) exceed its long term liabilities ($458.0M).


Debt to Equity History and Analysis

Debt Level: GTS's debt to equity ratio (9.4%) is considered satisfactory.

Reducing Debt: GTS's debt to equity ratio has increased from 8.6% to 9.4% over the past 5 years.

Debt Coverage: GTS's debt is well covered by operating cash flow (68.3%).

Interest Coverage: GTS's interest payments on its debt are well covered by EBIT (6.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Triple-S Management current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GTS'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 GTS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.6yrs

Average management tenure


CEO

Roberto García-Rodríguez (56 yo)

4.58yrs

Tenure

US$4,193,701

Compensation

Mr. Roberto García-Rodríguez, Esq., has been the Chief Executive Officer and President of Triple-S Management Corporation since January 1, 2016. Mr. Garcia-Rodriguez served as the Chief Operating Officer o ...


CEO Compensation Analysis

Compensation vs Market: Roberto's total compensation ($USD4.19M) is above average for companies of similar size in the US market ($USD2.04M).

Compensation vs Earnings: Roberto's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Luis Clavell Rodríguez
Chairman of the Board12.25yrsUS$310.00k0.22%
$ 1.0m
Roberto García-Rodríguez
President4.58yrsUS$4.19m1.46%
$ 6.6m
Juan Román-Jiménez
Executive VP & CFO4.58yrsUS$2.14m0.46%
$ 2.1m
Madeline Hernández-Urquiza
Chief Operating Officer & Executive Vice President3yrsUS$1.99m0.60%
$ 2.7m
Jose Novoa-Loyola
Chief Medical Officer5.08yrsUS$1.10m0.22%
$ 1.0m
Arturo Carrión-Crespo
President of Triple-S Vida Inc22.58yrsUS$1.09m0.42%
$ 1.9m
Garrett Edson
Investor Relations Contactno datano datano data
Carlos Rodriguez Ramos
Chief Legal Counsel & Secretary4.58yrsno data0.091%
$ 411.2k
Ivelisse Fernández-Cruz
Chief Marketing & Communications Officer2.25yrsno data0.031%
$ 142.3k
Francisco Martorell-Basanta
Vice President of Corporate Development12.33yrsno datano data
Ilia S. Torres
Chief Human Resources Officer2.25yrsno data0.030%
$ 134.2k
José del Amo-Mójica
President of Triple-S Propiedad3.42yrsno data0.17%
$ 759.8k

4.6yrs

Average Tenure

55yo

Average Age

Experienced Management: GTS's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Luis Clavell Rodríguez
Chairman of the Board12.25yrsUS$310.00k0.22%
$ 1.0m
Roberto García-Rodríguez
President4.58yrsUS$4.19m1.46%
$ 6.6m
Gail Marcus
Independent Director3.08yrsUS$191.00kno data
David Chafey
Independent Director7.33yrsUS$202.00k0.099%
$ 446.9k
Manuel Figueroa-Collazo
Independent Director16.58yrsUS$197.00k0.12%
$ 558.4k
Joseph Frick
Independent Director7.33yrsUS$207.75k0.054%
$ 242.4k
Cari Dominguez
Vice Chairman & Lead Independent Directorno dataUS$208.58k0.090%
$ 408.3k
Roberto María-Ros
Independent Director5.58yrsUS$207.85k0.023%
$ 103.0k

7.3yrs

Average Tenure

66.5yo

Average Age

Experienced Board: GTS's board of directors are considered experienced (7.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Triple-S Management Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Triple-S Management Corporation
  • Ticker: GTS
  • Exchange: NYSE
  • Founded: 1959
  • Industry: Managed Health Care
  • Sector: Healthcare
  • Market Cap: US$452.094m
  • Shares outstanding: 23.50m
  • Website: https://management.grupotriples.com

Number of Employees


Location

  • Triple-S Management Corporation
  • 1441 F.D. Roosevelt Avenue
  • San Juan
  • Puerto Rico
  • 920
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTSNYSE (New York Stock Exchange)YesClass B Common StockUSUSDDec 2007
4T3ADB (Deutsche Boerse AG)YesClass B Common StockDEEURDec 2007

Biography

Triple-S Management Corporation, through its subsidiaries, provides a portfolio of managed care and related products in the commercial, Medicare Advantage, and Medicaid markets. It operates through three s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 00:02
End of Day Share Price2020/08/03 00:00
Earnings2020/03/31
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.