OTCPK:GCNJ.F

Stock Analysis Report

Grupo Catalana Occidente

Executive Summary

Grupo Catalana Occidente, S.A., together with its subsidiaries, provides insurance products and services worldwide.

Snowflake

Fundamentals

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has Grupo Catalana Occidente's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:GCNJ.F

0.5%

US Insurance

0.9%

US Market


1 Year Return

n/a

OTCPK:GCNJ.F

8.8%

US Insurance

0.3%

US Market

No trading data on GCNJ.F.

No trading data on GCNJ.F.


Share holder returns

GCNJ.FIndustryMarket
7 Day0%0.5%0.9%
30 Day0%-1.8%-1.9%
90 Dayn/a2.0%1.6%
1 Yearn/a11.5%8.8%2.6%0.3%
3 Yearn/a45.8%34.8%41.0%31.8%
5 Yearn/a66.3%46.6%55.2%38.0%

Price Volatility Vs. Market

How volatile is Grupo Catalana Occidente's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Grupo Catalana Occidente undervalued based on future cash flows and its price relative to the stock market?

4%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Grupo Catalana Occidente's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Grupo Catalana Occidente's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Grupo Catalana Occidente is good value based on earnings compared to the US Insurance industry average.

Grupo Catalana Occidente is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Grupo Catalana Occidente is poor value based on expected growth next year.


Price Based on Value of Assets

Grupo Catalana Occidente is good value based on assets compared to the US Insurance industry average.


Next Steps

Future Growth

How is Grupo Catalana Occidente expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

3.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Grupo Catalana Occidente's revenue is expected to grow by 4.5% yearly, however this is not considered high growth (20% yearly).

Grupo Catalana Occidente's earnings are expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).

Grupo Catalana Occidente's revenue growth is positive but not above the United States of America market average.

Grupo Catalana Occidente's earnings growth is positive but not above the United States of America market average.

Grupo Catalana Occidente's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Grupo Catalana Occidente is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Grupo Catalana Occidente performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Grupo Catalana Occidente's year on year earnings growth rate has been positive over the past 5 years.

Grupo Catalana Occidente's 1-year earnings growth is equal to the 5-year average.

Grupo Catalana Occidente's earnings growth has exceeded the US Insurance industry average in the past year (9.1% vs 4.3%).


Return on Equity

Grupo Catalana Occidente has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Grupo Catalana Occidente used its assets less efficiently than the US Insurance industry average last year based on Return on Assets.


Return on Capital Employed

Grupo Catalana Occidente has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Grupo Catalana Occidente's financial position?


Financial Position Analysis

Grupo Catalana Occidente's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Grupo Catalana Occidente's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Grupo Catalana Occidente's level of debt (5.5%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (5.4% vs 5.5% today).

Debt is well covered by operating cash flow (366.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 68.3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 16.2x debt.


Next Steps

Dividend

What is Grupo Catalana Occidente's current dividend yield, its reliability and sustainability?

3.13%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Grupo Catalana Occidente's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Grupo Catalana Occidente's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (6.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.7x coverage).


Next Steps

Management

What is the CEO of Grupo Catalana Occidente's salary, the management and board of directors tenure and is there insider trading?

16.7yrs

Average board tenure


CEO

José Ignacio Álvarez Juste (59yo)

7.3yrs

Tenure

€519,000

Compensation

Mr. José Ignacio Álvarez Juste serves as Chief Executive Officer and Director of Grupo Catalana Occidente, SA since April 26, 2016. His experience includes Experience CEO of Bilbao Compañía Anónima de Segu ...


CEO Compensation Analysis

José Ignacio's remuneration is lower than average for companies of similar size in United States of America.

José Ignacio's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

16.7yrs

Average Tenure

63yo

Average Age

The average tenure for the Grupo Catalana Occidente board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Grupo Catalana Occidente individual insiders in the past 3 months.


Recent Insider Transactions

Buy€112,01705 Jun 19
Jose Maria Serra Farré
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares3,225
Max Price€34.73
Buy€223,24808 May 19
Jose Maria Serra Farré
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares6,000
Max Price€37.36
Buy€169,22506 Mar 19
Jose Maria Serra Farré
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares4,560
Max Price€37.11
Buy€145,09121 Dec 18
Francisco José Arregui Laborda
EntityIndividual
Role
Member of the Board of Directors
Director General & Secretary
Shares3,771
Max Price€38.60
Buy€112,57812 Dec 18
Jose Maria Serra Farré
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares2,800
Max Price€40.21

Ownership Breakdown


Management Team

  • Jose Maria Serra Farré (75yo)

    Executive Chairman

    • Tenure: 0.0yrs
    • Compensation: €44.00k
  • Francisco José Arregui Laborda (62yo)

    Director General & Secretary

    • Tenure: 21.6yrs
    • Compensation: €541.00k
  • Hugo Calderón (44yo)

    Executive Director

    • Tenure: 0.0yrs
    • Compensation: €89.00k
  • David Ponce

    Chief Executive Officer of Plus Ultra

    • Tenure: 0.0yrs
  • José Ignacio Álvarez Juste (59yo)

    CEO & Director

    • Tenure: 7.3yrs
    • Compensation: €519.00k
  • Carlos Felipe González Bailac

    Financial Director

    • Tenure: 0.0yrs
  • Joaquín Guallar Pérez (44yo)

    Vice-Secretary

    • Tenure: 0.0yrs
  • Patricia Rodríguez García

    Investor Relations

    • Tenure: 0.0yrs

Board Members

  • Jose Maria Serra Farré (75yo)

    Executive Chairman

    • Tenure: 0.0yrs
    • Compensation: €44.00k
  • Francisco José Arregui Laborda (62yo)

    Director General & Secretary

    • Tenure: 21.6yrs
    • Compensation: €541.00k
  • Jorge Izard (75yo)

    Director

    • Tenure: 26.3yrs
    • Compensation: €23.00k
  • Enrique Godó (60yo)

    Director

    • Tenure: 11.8yrs
  • Federico Blasco (77yo)

    Director

    • Tenure: 25.8yrs
    • Compensation: €23.00k
  • Francisco Javier Pérez Farguell (64yo)

    Independent Director

    • Tenure: 23.3yrs
  • Javier Juncadella Salisachs (72yo)

    Vice Chairman

    • Tenure: 7.6yrs
    • Compensation: €191.00k
  • Hugo Calderón (44yo)

    Executive Director

    • Tenure: 0.0yrs
    • Compensation: €89.00k
  • José Ignacio Álvarez Juste (59yo)

    CEO & Director

    • Tenure: 7.3yrs
    • Compensation: €519.00k
  • Juan Ignacio Guerrero Gilabert (61yo)

    Independent Director

    • Tenure: 8.3yrs

Company Information

Grupo Catalana Occidente, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Grupo Catalana Occidente, S.A.
  • Ticker: GCNJ.F
  • Exchange: OTCPK
  • Founded: 1864
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: €3.596b
  • Listing Market Cap: €3.989b
  • Shares outstanding: 117.90m
  • Website: https://www.grupocatalanaoccidente.com

Number of Employees


Location

  • Grupo Catalana Occidente, S.A.
  • Paseo de la Castellana 4
  • Madrid
  • Madrid
  • 28046
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GCOBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURNov 1993
OCZADB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 1993
0NRNLSE (London Stock Exchange)YesOrdinary SharesGBEURNov 1993
GCNJ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 1993
GCOEBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURNov 1993
GCO NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNNov 1993

Biography

Grupo Catalana Occidente, S.A., together with its subsidiaries, provides insurance products and services worldwide. The company offers multirisk products and services related to home and family, stores, co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:09
End of Day Share Price2019/06/19 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.