AnalystsConsensus

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

492

14.7

 
Gross Earned Premiums

5

416

11.7

 
Net Earned Premiums

5

304

7.9

 
NEP/GEP

5

73.1%

0.2

ppt
Net underwriting income

5

92

4.3

 
Net Investment Income

5

7

2.6

 
Insurance finance expenses (IFE)

5

(12)

2.3

 
Current operating income

5

87

5.5

 
Other operating income and expenses

5

(2)

2.0

 
Operating Income

5

85

6.0

 
Finance costs

5

(8)

0.9

 
Income Tax

5

(20)

1.6

 
Tax rate

5

25.9%

0.6

ppt
Net income

5

57

5.0

 
Net Loss Ratio (%)

5

43.4%

1.9

ppt
Net Cost Ratio (%)

5

26.0%

1.4

ppt
Net Combined Ratio (%)

5

69.4%

1.8

ppt
ROATE (%)

3

12.2%

0.2

ppt

 

in M€# of replyMeanStandard deviation
Total revenue

5

1,931

21.4

 
Gross Earned Premiums

5

1,618

14.3

 
Net Earned Premiums

5

1,180

11.3

 
NEP/GEP

5

73.0%

0.1

ppt
Net underwriting income

5

375

8.5

 
Net Investment Income

5

17

3.3

 
Insurance finance expenses (IFE)

5

-39

3.2

 
Current operating income

5

353

7.9

 
Other operating & Restructuring charges

5

(3)

3.7

 
Operating Income

5

350

9.8

 
Finance costs

5

(32)

1.5

 
Income Tax

5

(81)

3.4

 
Tax rate

5

25%

0.9

ppt
Net income

5

238

8.3

 
Net Loss Ratio (%)

5

41.6%

0.5

ppt
Net Cost Ratio (%)

5

26.2%

0.6

ppt
Net Combined Ratio (%)

5

67.8%

0.8

ppt
ROATE (%)

5

13.0%

0.6

ppt
Solvency II ratio (PIM)

3

190%

11.5

ppts
EPS

5

1.59 €

0.05

 

DPS

5

1.29 €

0.07

 

Additional distribution per share

4

0.00 €

0.00

 

Payout ratio

5

81.3%

1.5

ppt
in M€# of replyMeanStandard deviation
Total revenue

5

2,018

40.4

 
Gross Earned Premiums

5

1,690

21.4

 
Net Earned Premiums

5

1,234

15.5

 
NEP/GEP

5

73.0%

0.0

ppt
Net underwriting income

5

333

20.9

 
Net Investment Income

5

61

5.8

 
Insurance finance expenses (IFE)

5

-43

3.3

 
Current operating income

5

350

17.3

 
Other operating & Restructuring charges

5

(3)

3.8

 
Operating Income

5

348

16.5

 
Finance costs

5

(31)

4.4

 
Income Tax

5

(81)

2.9

 
Tax rate

5

26%

0.9

ppt
Net income

5

236

11.9

 
Net Loss Ratio (%)

5

45.0%

1.5

ppt
Net Cost Ratio (%)

5

27.4%

0.8

ppt
Net Combined Ratio (%)

5

72.3%

1.9

ppt
ROATE (%)

5

13.1%

0.5

ppt
Solvency II ratio (PIM)

3

179%

11.4

ppts
EPS

5

1.57 €

0.08

 

DPS

5

1.27 €

0.09

 

Additional distribution per share

4

0.00 €

0.00

 

Payout ratio

5

81.2%

2.5

ppts
in M€# of replyMeanStandard deviation
Total revenue

5

2,082

85.1

 
Gross Earned Premiums

5

1,738

58.0

 
Net Earned Premiums

5

1,269

41.9

 
NEP/GEP

5

73.0%

0.0

ppt
Net underwriting income

5

323

26.6

 
Net Investment Income

5

72

7.0

 
Insurance finance expenses (IFE)

5

-46

4.5

 
Current operating income

5

349

21.4

 
Other operating & Restructuring charges

5

(3)

3.8

 
Operating Income

5

346

22.2

 
Finance costs

5

(31)

4.3

 
Income Tax

5

(81)

2.8

 
Tax rate

5

26%

0.9

ppt
Net income

5

234

17.0

 
Net Loss Ratio (%)

5

46.4%

1.8

ppt
Net Cost Ratio (%)

5

27.6%

1.3

ppt
Net Combined Ratio (%)

5

74.1%

1.8

ppt
ROATE (%)

5

12.6%

0.9

ppt
Solvency II ratio (PIM)

3

179%

15.2

ppt
EPS

5

1.56 €

0.12

 

DPS

5

1.28 €

0.13

 

Additional distribution per share

5

0.00 €

0.00

 

Payout ratio

5

82.3%

3.4

ppts

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
Berenberg Michael Huttner
Deutsche Bank Hadley Cohen
Exane BNP Paribas Philip Ross
Kepler Cheuvreux Baptiste de Leudeville
Oddo BHF BenoƮt Valleaux