Analysts Consensus

COFACE SA collects analysts' estimates on the company financial performance and publishes the consensus prior to its quarterly results publication.
 
The consensus is the average of the different analysts' estimates who cover COFACE SA and it will be published two weeks before the publication of the quarterly results.

Analysts Consensus

COFACE SA collects analysts' estimates on the company financial performance and publishes the consensus prior to its quarterly results publication. The consensus is the average of the different analysts' estimates who cover COFACE SA and it will be published two weeks before the publication of the quarterly results.

Coface wishes to draw the attention of the reader to the level of the standard deviation on each of the indicators presented in the consensus below.

A high level of standard deviation reveals discrepancies in the hypotheses retained by each of the contributors to this consensus when calculating their estimates.

The reader is invited to focus on the disclaimer below.

in M€# of replyMeanStandard deviation
Total revenue

5

449

21.7

 
Gross Earned Premiums

5

372

21.6

 
Net Earned Premiums

5

272

17.3

 
NEP/GEP

5

73.1%

0.7

ppt
Net underwriting income

5

77

3.4

 
Net Investment Income

5

8

6.9

 
Insurance finance expenses (IFE)

5

(13)

2.6

 
Current operating income

5

72

7.4

 
Other operating income and expenses

5

(2)

3.9

 
Operating Income

5

70

7.5

 
Finance costs

5

(8)

1.4

 
Income Tax

5

(17)

3.0

 
Tax rate

5

28.3%

3.9

ppt
Net income

5

45

6.7

 
Net Loss Ratio (%)

5

42.2%

2.4

ppt
Net Cost Ratio (%)

5

29.0%

2.1

ppt
Net Combined Ratio (%)

5

71.2%

1.1

ppt
ROATE (%)

2

11.0%

2.9

ppt

 

in M€# of replyMeanStandard deviation
Total revenue

5

1,868

20.3

 
Gross Earned Premiums

5

1,560

21.7

 
Net Earned Premiums

5

1,137

16.2

 
NEP/GEP

5

72.9%

0.2

ppt
Net underwriting income

5

367

3.3

 
Net Investment Income

5

23

6.5

 
Insurance finance expenses (IFE)

5

-43

2.7

 
Current operating income

5

346

7.6

 
Other operating & Restructuring charges

5

(3)

4.0

 
Operating Income

5

344

7.6

 
Finance costs

5

(32)

1.5

 
Income Tax

5

(77)

3.4

 
Tax rate

5

25%

0.9

ppt
Net income

5

235

6.5

 
Net Loss Ratio (%)

5

40.9%

0.7

ppt
Net Cost Ratio (%)

5

26.5%

0.6

ppt
Net Combined Ratio (%)

5

67.4%

0.3

ppt
ROATE (%)

5

13.3%

0.5

ppt
Solvency II ratio (PIM)

3

210%

7.5

ppts
EPS

5

1.57 €

0.05

 

DPS

5

1.27 €

0.06

 

Additional distribution per share

4

0.00 €

0.00

 

Payout ratio

5

81.3%

3.5

ppt
in M€# of replyMeanStandard deviation
Total revenue51 870

33,9

 
Gross Earned Premiums51 561

60,5

 
Net Earned Premiums51 140

44,2

 
NEP/GEP573,0%

0,0

ppt
Net underwriting income5323

17,4

 
Net Investment Income567

6,9

 
Insurance finance expenses (IFE)5-49

5,0

 
Current operating income5341

22,0

 
Other operating & Restructuring charges5(2)

4,1

 
Operating Income5339

21,5

 
Finance costs5(36)

4,5

 
Income Tax5(77)

3,7

 
Tax rate525%

1,1

ppts
Net income5226

20,3

 
Net Loss Ratio (%)544,0%

0,7

ppt
Net Cost Ratio (%)527,4%

0,7

ppt
Net Combined Ratio (%)571,5%

0,9

ppt
ROATE (%)512,4%

0,9

ppt
Solvency II ratio (PIM)4193%

3,7

ppts
EPS51,51 €

0,13

 
DPS51,26 €

0,10

 
Additional distribution per share50,00 €

0,00

 
Payout ratio583,8%

5,0

ppts
in M€# of replyMeanStandard deviation
Total revenue51,929

85.9

 
Gross Earned Premiums51,587

81.1

 
Net Earned Premiums51,156

58.9

 
NEP/GEP572.8%

0.4

ppts
Net underwriting income5308

32.3

 
Net Investment Income579

5.9

 
Insurance finance expenses (IFE)5(50)

6.5

 
Current operating income5338

37.9

 
Other operating & Restructuring charges5(2)

4.0

 
Operating Income5335

38.6

 
Finance costs5(35)

4.1

 
Income Tax5(76)

7.7

 
Tax rate526%

1.0

ppt
Net income5224

32.3

 
Net Loss Ratio (%)545.6%

1.9

ppt
Net Cost Ratio (%)527.6%

1.4

ppt
Net Combined Ratio (%)573.2%

2.1

ppts
ROATE (%)512.0%

1.3

ppt
Solvency II ratio (PIM)4195%

9.1

 
EPS51.49 €

0.21

 
DPS51.25 €

0.18

 
Additional distribution per share50.00 €

0.00

 
Payout ratio583.8%

3.6

ppts

Disclaimer

This analyst consensus has been prepared with the most recent estimates submitted by various financial analysts to COFACE SA as at 6 February 2024. It includes key indicators only and does not purport to be comprehensive. The Coface Group takes no responsibility for the use of these materials by any person.

The estimates and any related opinions, forecasts, projections, predictions or expectations, are the sole responsibility of the analysts concerned. Coface has not commented on nor verified any (individual) estimates and it does not express any opinion on nor endorses the estimates or their correctness and accuracy in any way. Coface accepts no liability in respect of the analyst consensus and undertakes no obligation to provide updates or revisions.

It should be noted that estimates are, by definition, forward looking and are therefore subject to risks and uncertainties which are subject to change at any time and which may materially affect eventual results.

The information contained in-here has not been subject to independent verification. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein.

This analyst consensus is provided for information purposes only. It should not be seen as a recommendation to buy or sell financial instruments in COFACE SA, or to take or refrain from taking any other action. None of the Coface Group, its affiliates or its advisors, nor any representatives of such persons, shall have any liability whatsoever for any loss arising from any use of this document or its contents or otherwise arising in connection with this information.

More comprehensive information about the Coface Group may be obtained on its Internet website. The Group’s financial and strategic information, as well as the integral regulatory information can be found at the following address: http://www.coface.com/Investors.

Analysts covering Coface

Coface Group has been listed on Paris Stock Market since June 2014. The stock COFA is covered by analysts who regularly publish research notes on the Group. You will find below the list of main financial analysts who cover COFA shares. This list is provided for information purposes only and might be non-exhaustive nor up to date.

Analysts covering Coface
Financial Institution Analyst
BerenbergMichael Huttner
Deutsche BankHadley Cohen
Exane BNP ParibasPhilip Ross
Kepler CheuvreuxBaptiste de Leudeville
Oddo BHFBenoƮt Valleaux