BB Seguridade Participações
Market Cap
US$17.4b
Last Updated
2019/12/11 00:51 UTC
Data Sources
Company Financials +
Executive Summary
BB Seguridade Participações S.A., through its subsidiaries, invests in the insurance, pension plans, premium bonds, reinsurance, and dental insurance businesses in Brazil.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -3.6% per year for the next 3 years
Snowflake Analysis
Solid track record average dividend payer.
Similar Companies
Share Price & News
How has BB Seguridade Participações's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BBSE.Y has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.5%
BBSE.Y
0.9%
US Insurance
0.7%
US Market
1 Year Return
21.5%
BBSE.Y
21.8%
US Insurance
18.2%
US Market
Return vs Industry: BBSE.Y matched the US Insurance industry which returned 21.8% over the past year.
Return vs Market: BBSE.Y exceeded the US Market which returned 18.2% over the past year.
Shareholder returns
| BBSE.Y | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 0.9% | 0.7% |
| 30 Day | 4.2% | 0.5% | 1.5% |
| 90 Day | 5.5% | 1.3% | 5.0% |
| 1 Year | 33.2%21.5% | 24.8%21.8% | 20.8%18.2% |
| 3 Year | 36.2%12.9% | 32.5%22.3% | 45.2%35.8% |
| 5 Year | 1.2%-24.1% | 69.5%49.3% | 71.6%52.7% |
Price Volatility Vs. Market
How volatile is BB Seguridade Participações's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is BB Seguridade Participações undervalued compared to its fair value and its price relative to the market?
11.64x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BBSE.Y ($8.66) is trading above our estimate of fair value ($7.12)
Significantly Below Fair Value: BBSE.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BBSE.Y is good value based on its PE Ratio (11.6x) compared to the Insurance industry average (16.7x).
PE vs Market: BBSE.Y is good value based on its PE Ratio (11.6x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: BBSE.Y's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BBSE.Y is overvalued based on its PB Ratio (6.8x) compared to the US Insurance industry average (1.2x).
Next Steps
Future Growth
How is BB Seguridade Participações forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
-3.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBSE.Y's earnings are forecast to decline over the next 3 years (-3.6% per year).
Earnings vs Market: BBSE.Y's earnings are forecast to decline over the next 3 years (-3.6% per year).
High Growth Earnings: BBSE.Y's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BBSE.Y's revenue (8.4% per year) is forecast to grow faster than the US market (7.4% per year).
High Growth Revenue: BBSE.Y's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BBSE.Y's Return on Equity is forecast to be very high in 3 years time (47.1%).
Next Steps
Past Performance
How has BB Seguridade Participações performed over the past 5 years?
2.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBSE.Y has a high level of non-cash earnings.
Growing Profit Margin: BBSE.Y's current net profit margins are higher than last year (79.5%).
Past Earnings Growth Analysis
Earnings Trend: BBSE.Y's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: BBSE.Y's earnings growth over the past year (66.5%) exceeds its 5-year average (2.8% per year).
Earnings vs Industry: BBSE.Y earnings growth over the past year (66.5%) exceeded the Insurance industry -10.4%.
Return on Equity
High ROE: BBSE.Y's Return on Equity (58.8%) is considered outstanding.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is BB Seguridade Participações'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
Inventory Level: BBSE.Y has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if BBSE.Y's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: BBSE.Y's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if BBSE.Y has a sufficient allowance for bad loans.
Low Risk Liabilities: BBSE.Y reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if BBSE.Y has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BBSE.Y has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if BBSE.Y has an appropriate level of bad loans.
Next Steps
Dividend
What is BB Seguridade Participações's current dividend yield, its reliability and sustainability?
4.03%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BBSE.Y's dividend (4.03%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: BBSE.Y's dividend (4.03%) is in the top 25% of dividend payers in the US market (3.7%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BBSE.Y has been paying a dividend for less than 10 years.
Growing Dividend: BBSE.Y's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.4%), BBSE.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BBSE.Y's dividends in 3 years are forecast to be covered by earnings (76% payout ratio).
Next Steps
Management
What is the CEO of BB Seguridade Participações's salary, the management and board of directors tenure and is there insider trading?
2.7yrs
Average board tenure
CEO
Bernardo De Silva Rothe 0
0yrs
Tenure
Mr. Bernardo de Azevedo Silva Rothe is the Chief Executive Officer of BB Seguridade Participações S.A and serves as its President of the Executive Board and serves as its Director. Mr Bernardo Rothe has be ...
Board Age and Tenure
2.7yrs
Average Tenure
53yo
Average Age
Experienced Board: BBSE.Y's board of directors are not considered experienced ( 2.7 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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Werner Süffert (45yo)
CFO, Investor Relations Director & Member of Executive Board
- Tenure: 0yrs
Pedro Bramont
Chief Risk Officer
- Tenure: 0yrs
Reinaldo Yokoyama (48yo)
Chief Product Officer
- Tenure: 0yrs
Rafael Sperendio
Head of Investor Relations
- Tenure: 0yrs
Bernardo De Silva Rothe
CEO, President of the Executive Board & Director
- Tenure: 0yrs
Board Members
Arnaldo Vollet (70yo)
Independent Director
- Tenure: 0yrs
Marcelo Dutra Labuto (48yo)
President of the Board
- Tenure: 6.8yrs
Isabel da Silva Ramos (44yo)
Independent Director
- Tenure: 6.1yrs
Giorgio Bampi (72yo)
Independent Member of Fiscal Council
- Tenure: 4.7yrs
Nerylson da Silva
Director
- Tenure: 0yrs
Lucinéia Possar (53yo)
Member of Fiscal Council
- Tenure: 0yrs
Carlos dos Santos
Vice Chairman of the Board
- Tenure: 0.7yrs
Bernardo De Silva Rothe
CEO, President of the Executive Board & Director
- Tenure: 0yrs
Bruno Dalcolmo
Director
- Tenure: 0.7yrs
Bruno Leal
Director
- Tenure: 0.7yrs
Company Information
BB Seguridade Participações S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: BB Seguridade Participações S.A.
- Ticker: BBSE.Y
- Exchange: OTCPK
- Founded: 2012
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: R$72.257b
- Listing Market Cap: R$17.437b
- Shares outstanding: 2.00b
- Website: https://www.bbseguridaderi.com.br
Location
- BB Seguridade Participações S.A.
- Banco do Brasil Building, Asa Norte
- Bloco B, 3rd Floor
- Brasilia
- Distrito Federal
- Brazil
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BBSE3 | BOVESPA (Bolsa de Valores de Sao Paulo) | Yes | Common Shares | BR | BRL | Apr 2013 |
| BBSE.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Mar 2014 |
Biography
BB Seguridade Participações S.A., through its subsidiaries, invests in the insurance, pension plans, premium bonds, reinsurance, and dental insurance businesses in Brazil. It operates through two segments, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 00:51 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.