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Qualicorp Consultoria e Corretora de Seguros

OTCPK:QULR.Y
Snowflake Description

Very undervalued with excellent balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QULR.Y
OTCPK
R$5B
Market Cap
  1. Home
  2. US
  3. Healthcare
Company description

Qualicorp Consultoria e Corretora de Seguros S.A. The last earnings update was 7 days ago. More info.


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QULR.Y Share Price and Events
7 Day Returns
0%
OTCPK:QULR.Y
-1.4%
US Healthcare
-3.9%
US Market
1 Year Returns
-
OTCPK:QULR.Y
-2.4%
US Healthcare
1.4%
US Market
QULR.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Qualicorp Consultoria e Corretora de Seguros (QULR.Y) 0% 0% - - - -
US Healthcare -1.4% 2.6% -8.9% -2.4% 19% 61.3%
US Market -3.9% -3.6% 1.8% 1.4% 35.8% 40.8%
1 Year Return vs Industry and Market
  • No trading data on QULR.Y.
  • No trading data on QULR.Y.
Price Volatility
QULR.Y
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Qualicorp Consultoria e Corretora de Seguros's competitors could be found in our database.

QULR.Y Value

 Is Qualicorp Consultoria e Corretora de Seguros undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Qualicorp Consultoria e Corretora de Seguros to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Qualicorp Consultoria e Corretora de Seguros.

OTCPK:QULR.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:QULR.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Healthcare Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.686 (1 + (1- 34%) (13.5%))
0.831
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.831 * 5.96%)
7.68%

Discounted Cash Flow Calculation for OTCPK:QULR.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Qualicorp Consultoria e Corretora de Seguros is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:QULR.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (BRL, Millions) Source Present Value
Discounted (@ 7.68%)
2019 591.00 Analyst x1 548.84
2020 669.33 Analyst x3 577.24
2021 642.00 Analyst x1 514.17
2022 687.00 Analyst x1 510.96
2023 712.00 Est @ 3.64% 491.77
2024 735.96 Est @ 3.37% 472.06
2025 759.33 Est @ 3.18% 452.31
2026 782.42 Est @ 3.04% 432.81
2027 805.49 Est @ 2.95% 413.79
2028 828.71 Est @ 2.88% 395.35
Present value of next 10 years cash flows R$4,809.30
OTCPK:QULR.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= R$828.71 × (1 + 2.73%) ÷ (7.68% – 2.73%)
R$17,192.31
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= R$17,192.31 ÷ (1 + 7.68%)10
R$8,201.82
OTCPK:QULR.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= R$4,809.30 + R$8,201.82
R$13,011.13
Equity Value per Share
(BRL)
= Total value / Shares Outstanding
= R$13,011.13 / 280.54
R$46.38
OTCPK:QULR.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:QULR.Y represents 0.21987x of BOVESPA:QUAL3
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.21987x
Value per Share
(Listing Adjusted, USD)
= Value per Share (BRL) x Listing Adjustment Factor
= R$ 46.38 x 0.21987
$10.20
Value per share (USD) From above. $10.20
Current discount Discount to share price of $4.01
= -1 x ($4.01 - $10.20) / $10.20
60.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Qualicorp Consultoria e Corretora de Seguros is available for.
Intrinsic value
>50%
Share price is $4.01 vs Future cash flow value of $10.2
Current Discount Checks
For Qualicorp Consultoria e Corretora de Seguros to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Qualicorp Consultoria e Corretora de Seguros's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Qualicorp Consultoria e Corretora de Seguros's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Qualicorp Consultoria e Corretora de Seguros's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Qualicorp Consultoria e Corretora de Seguros's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:QULR.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in BRL R$1.40
BOVESPA:QUAL3 Share Price ** BOVESPA (2019-04-11) in BRL R$18.24
United States of America Healthcare Industry PE Ratio Median Figure of 55 Publicly-Listed Healthcare Companies 20.63x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Qualicorp Consultoria e Corretora de Seguros.

OTCPK:QULR.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BOVESPA:QUAL3 Share Price ÷ EPS (both in BRL)

= 18.24 ÷ 1.40

13.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Qualicorp Consultoria e Corretora de Seguros is good value based on earnings compared to the US Healthcare industry average.
  • Qualicorp Consultoria e Corretora de Seguros is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Qualicorp Consultoria e Corretora de Seguros's expected growth come at a high price?
Raw Data
OTCPK:QULR.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
16.5%per year
United States of America Healthcare Industry PEG Ratio Median Figure of 42 Publicly-Listed Healthcare Companies 1.67x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

OTCPK:QULR.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.06x ÷ 16.5%

0.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Qualicorp Consultoria e Corretora de Seguros is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Qualicorp Consultoria e Corretora de Seguros's assets?
Raw Data
OTCPK:QULR.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in BRL R$8.74
BOVESPA:QUAL3 Share Price * BOVESPA (2019-04-11) in BRL R$18.24
United States of America Healthcare Industry PB Ratio Median Figure of 91 Publicly-Listed Healthcare Companies 2.29x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
OTCPK:QULR.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BOVESPA:QUAL3 Share Price ÷ Book Value per Share (both in BRL)

= 18.24 ÷ 8.74

2.09x

* Primary Listing of Qualicorp Consultoria e Corretora de Seguros.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Qualicorp Consultoria e Corretora de Seguros is good value based on assets compared to the US Healthcare industry average.
X
Value checks
We assess Qualicorp Consultoria e Corretora de Seguros's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Healthcare industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Healthcare industry average (and greater than 0)? (1 check)
  5. Qualicorp Consultoria e Corretora de Seguros has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

QULR.Y Future Performance

 How is Qualicorp Consultoria e Corretora de Seguros expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Qualicorp Consultoria e Corretora de Seguros expected to grow at an attractive rate?
  • Qualicorp Consultoria e Corretora de Seguros's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Qualicorp Consultoria e Corretora de Seguros's earnings growth is expected to exceed the United States of America market average.
  • Qualicorp Consultoria e Corretora de Seguros's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:QULR.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:QULR.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 16.5%
OTCPK:QULR.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 2.7%
United States of America Healthcare Industry Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Healthcare Industry Revenue Growth Rate Market Cap Weighted Average 6.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:QULR.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in BRL Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:QULR.Y Future Estimates Data
Date (Data in BRL Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,384 902 682 1
2021-12-31 2,040 842 612 2
2020-12-31 2,103 792 492 6
2019-12-31 2,106 757 411 4
OTCPK:QULR.Y Past Financials Data
Date (Data in BRL Millions) Revenue Cash Flow Net Income *
2019-03-31 1,920 767 392
2018-12-31 1,932 779 397
2018-09-30 1,961 674 393
2018-06-30 2,018 622 391
2018-03-31 2,047 585 368
2017-12-31 2,075 535 371
2017-09-30 2,083 739 353
2017-06-30 2,057 729 316
2017-03-31 2,017 803 316
2016-12-31 1,964 637 405
2016-09-30 1,914 664 388
2016-06-30 1,849 545 379

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Qualicorp Consultoria e Corretora de Seguros's earnings are expected to grow by 16.5% yearly, however this is not considered high growth (20% yearly).
  • Qualicorp Consultoria e Corretora de Seguros's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:QULR.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Qualicorp Consultoria e Corretora de Seguros Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:QULR.Y Future Estimates Data
Date (Data in BRL Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 2.43 2.43 2.43 1.00
2021-12-31 2.17 2.20 2.15 2.00
2020-12-31 1.71 1.78 1.64 5.00
2019-12-31 1.50 1.50 1.48 3.00
OTCPK:QULR.Y Past Financials Data
Date (Data in BRL Millions) EPS *
2019-03-31 1.40
2018-12-31 1.39
2018-09-30 1.34
2018-06-30 1.33
2018-03-31 1.26
2017-12-31 1.28
2017-09-30 1.26
2017-06-30 1.13
2017-03-31 1.14
2016-12-31 1.47
2016-09-30 1.43
2016-06-30 1.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Qualicorp Consultoria e Corretora de Seguros is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Qualicorp Consultoria e Corretora de Seguros's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Qualicorp Consultoria e Corretora de Seguros has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

QULR.Y Past Performance

  How has Qualicorp Consultoria e Corretora de Seguros performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Qualicorp Consultoria e Corretora de Seguros's growth in the last year to its industry (Healthcare).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Qualicorp Consultoria e Corretora de Seguros has delivered over 20% year on year earnings growth in the past 5 years.
  • Qualicorp Consultoria e Corretora de Seguros's 1-year earnings growth is less than its 5-year average (6.6% vs 28.6%)
  • Qualicorp Consultoria e Corretora de Seguros's earnings growth has exceeded the US Healthcare industry average in the past year (6.6% vs 4%).
Earnings and Revenue History
Qualicorp Consultoria e Corretora de Seguros's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Qualicorp Consultoria e Corretora de Seguros Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:QULR.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in BRL Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,919.52 391.84 918.01
2018-12-31 1,932.12 397.04 914.41
2018-09-30 1,961.12 392.59 923.09
2018-06-30 2,017.68 390.93 924.19
2018-03-31 2,047.44 367.63 912.55
2017-12-31 2,075.29 370.71 932.07
2017-09-30 2,082.71 353.13 933.49
2017-06-30 2,056.62 315.60 955.69
2017-03-31 2,016.67 316.39 962.32
2016-12-31 1,964.40 404.73 971.68
2016-09-30 1,914.20 388.43 983.36
2016-06-30 1,849.46 378.60 956.11
2016-03-31 1,782.60 379.77 944.35
2015-12-31 1,730.16 227.13 903.91
2015-09-30 1,673.26 191.16 921.36
2015-06-30 1,630.02 193.66 911.14
2015-03-31 1,568.28 146.74 888.84
2014-12-31 1,493.01 126.08 862.90
2014-09-30 1,418.43 52.73 794.22
2014-06-30 1,324.12 3.30 749.25
2014-03-31 1,259.83 -18.32 707.33
2013-12-31 1,199.53 -31.72 687.04
2013-09-30 1,124.99 5.63 653.22
2013-06-30 1,057.31 4.55 630.54
2013-03-31 989.00 19.56 605.21
2012-12-31 920.67 22.28 575.45
2012-09-30 853.57 45.18 545.16
2012-06-30 783.69 44.66 499.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Qualicorp Consultoria e Corretora de Seguros has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Qualicorp Consultoria e Corretora de Seguros used its assets more efficiently than the US Healthcare industry average last year based on Return on Assets.
  • Qualicorp Consultoria e Corretora de Seguros has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Qualicorp Consultoria e Corretora de Seguros's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Healthcare industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Qualicorp Consultoria e Corretora de Seguros has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

QULR.Y Health

 How is Qualicorp Consultoria e Corretora de Seguros's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Qualicorp Consultoria e Corretora de Seguros's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Qualicorp Consultoria e Corretora de Seguros is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Qualicorp Consultoria e Corretora de Seguros's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Qualicorp Consultoria e Corretora de Seguros's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Qualicorp Consultoria e Corretora de Seguros Company Filings, last reported 1 month ago.

OTCPK:QULR.Y Past Debt and Equity Data
Date (Data in BRL Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 2,451.60 690.80 1,006.40
2018-12-31 2,354.49 615.73 460.88
2018-09-30 2,288.74 627.16 622.77
2018-06-30 2,178.71 614.69 419.05
2018-03-31 2,281.91 626.20 546.05
2017-12-31 2,366.90 613.79 538.76
2017-09-30 2,279.63 633.06 867.29
2017-06-30 2,224.51 616.30 742.01
2017-03-31 2,186.32 639.12 701.50
2016-12-31 2,067.78 617.51 466.04
2016-09-30 2,233.95 533.91 488.42
2016-06-30 2,088.15 551.35 333.23
2016-03-31 2,183.67 530.95 421.39
2015-12-31 1,993.88 547.66 546.67
2015-09-30 1,994.22 527.85 659.57
2015-06-30 2,377.03 538.17 599.54
2015-03-31 2,412.31 525.37 621.35
2014-12-31 2,356.83 551.09 538.55
2014-09-30 2,354.88 533.11 441.64
2014-06-30 2,075.19 226.63 91.56
2014-03-31 2,036.54 219.68 307.15
2013-12-31 2,019.80 225.34 327.37
2013-09-30 2,048.67 219.10 208.05
2013-06-30 2,029.58 305.74 230.73
2013-03-31 2,012.36 298.87 146.94
2012-12-31 1,992.20 305.17 123.96
2012-09-30 1,999.31 298.85 78.19
2012-06-30 1,982.60 367.25 321.83
  • Qualicorp Consultoria e Corretora de Seguros's level of debt (28.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (10.8% vs 28.2% today).
  • Debt is well covered by operating cash flow (111.1%, greater than 20% of total debt).
  • Qualicorp Consultoria e Corretora de Seguros earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Qualicorp Consultoria e Corretora de Seguros's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Qualicorp Consultoria e Corretora de Seguros has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

QULR.Y Dividends

 What is Qualicorp Consultoria e Corretora de Seguros's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.78%
Current annual income from Qualicorp Consultoria e Corretora de Seguros dividends. Estimated to be 8.91% next year.
If you bought $2,000 of Qualicorp Consultoria e Corretora de Seguros shares you are expected to receive $136 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Qualicorp Consultoria e Corretora de Seguros's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Qualicorp Consultoria e Corretora de Seguros's dividend is above the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:QULR.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Healthcare Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:QULR.Y Future Dividends Estimate Data
Date (Data in R$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 2.09 1.00
2020-12-31 1.43 3.00
2019-12-31 1.76 1.00
OTCPK:QULR.Y Past Annualized Dividends Data
Date (Data in R$) Dividend per share (annual) Avg. Yield (%)
2018-05-11 1.237 7.740
2018-03-15 1.237 5.411
2017-05-11 1.390 4.392
2017-03-20 1.390 6.635
2016-11-07 0.897 4.710
2016-08-01 0.897 4.306
2016-05-11 0.796 4.429
2016-03-31 0.796 5.305
2015-05-15 0.424 2.606
2015-03-27 0.424 1.774
2015-03-26 0.425 1.784

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Qualicorp Consultoria e Corretora de Seguros has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Qualicorp Consultoria e Corretora de Seguros only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Qualicorp Consultoria e Corretora de Seguros's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess Qualicorp Consultoria e Corretora de Seguros's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Qualicorp Consultoria e Corretora de Seguros afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Qualicorp Consultoria e Corretora de Seguros has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

QULR.Y Management

 What is the CEO of Qualicorp Consultoria e Corretora de Seguros's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
José Filho
CEO Bio

Mr. José Seripieri Filho serves as the Chief Executive Officer at QualiCorp. SA. He served as the Chairman at QualiCorp. SA and serves as its Director.

CEO Compensation
  • Insufficient data for José to compare compensation growth.
  • Insufficient data for José to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

José Filho

TITLE
CEO & Director

Grace Cury De Almeida Tourinho

TITLE
CFO & Investor Relations Officer
AGE
53

Rosangela de Souza

TITLE
Corporate Director of Operations
TENURE
2 yrs
Board of Directors

Raul Ladeira de Matos

TITLE
Chairman of the Board
TENURE
1.1 yrs

José Filho

TITLE
CEO & Director

Wilson Olivieri

TITLE
Director

Arnaldo Curiati

TITLE
Independent Director

Alexandre Dias

TITLE
Independent Director
AGE
47

Nilton Molina

TITLE
Independent Director

Rogério Paulo Peres

TITLE
Director
AGE
56
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Qualicorp Consultoria e Corretora de Seguros's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Qualicorp Consultoria e Corretora de Seguros has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

QULR.Y News

Simply Wall St News

QULR.Y Company Info

Description

Qualicorp Consultoria e Corretora de Seguros S.A. operates as a healthcare benefits administrator and health management services provider in Brazil. The company operates in two segments, Affinity, and Corporate and Other. The Affinity segment negotiates contracts with health plan operators on behalf of professional associations. This segment also provides brokerage services to distribute the plans directly to professional association members. In addition, it offers value-added services to beneficiaries, such as enrollment, billing, customer service, and medical concierge services; professional associations comprising outsourcing administrative services and creation of incentives to help recruit and retain members; and health plan operators, including sales, billing, and payment for the first 30-days past due. This segment serves approximately 1.8 million beneficiaries with 532 professional associations. The Corporate and Other segment provides health plan consultancy, brokerage, healthcare information technology, and third-party administration services to national and multi-national companies, and governmental entities. This segment serves approximately 600 corporations and government organizations. The company was formerly known as Qualicorp S.A. and changed its name to Qualicorp Consultoria e Corretora de Seguros S.A. in June 2018. Qualicorp Consultoria e Corretora de Seguros S.A. was founded in 1997 and is based in São Paulo, Brazil.

Details
Name: Qualicorp Consultoria e Corretora de Seguros S.A.
QULR.Y
Exchange: OTCPK
Founded: 1997
R$1,281,517,143
280,535,625
Website: http://www.qualicorp.com.br
Address: Qualicorp Consultoria e Corretora de Seguros S.A.
Rua Doutor Plínio Barreto, 365,
11º andar (parte),
São Paulo,
São Paulo, 01419-000,
Brazil
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BOVESPA QUAL3 Common Shares Bolsa de Valores de Sao Paulo BR BRL 29. Jun 2011
OTCPK QULR.Y SPONSORED ADR Pink Sheets LLC US USD 25. Sep 2014
Number of employees
Current staff
Staff numbers
2,025
Qualicorp Consultoria e Corretora de Seguros employees.
Industry
Managed Health Care
Healthcare
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/16 02:39
End of day share price update: 2019/04/11 00:00
Last estimates confirmation: 2019/05/10
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.