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.

Consensus: estimates received as of july 17, 2025

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 reply

Mean

Standard deviation

Total revenue

5

468

2.4

 
Gross Earned Premiums

5

382

5.1

 
Net Earned Premiums

5

277

5.5

 
NEP/GEP

5

72.5%

0.7

ppt
Net underwriting income

5

78

3.6

 
Net Investment Income

5

20

3.8

 
Insurance finance expenses (IFE)

5

(8)

2.7

 
Current operating income

5

90

1.7

 
Other operating income and expenses

5

(0)

0.7

 
Operating Income

5

90

1.2

 
Finance costs

5

(10)

1.1

 
Income Tax

5

(21)

1.4

 
Tax rate

5

26.6%

1.7

ppt
Net income

5

59

1.8

 
Net Loss Ratio (%)

5

39.7%

0.3

ppt
Net Cost Ratio (%)

5

31.5%

1.1

ppt
Net Combined Ratio (%)

5

71.2%

1.1

ppt
ROATE (%)*

3

12.4%

0.7

ppt
 * RoATE = Return on Average Tangible Equity

 

   
Solvency Ratio (%)

3

192%

1.0

ppt

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 reply

Mean

Standard deviation

Total revenue

5

1,889

10.0

 
Gross Earned Premiums

5

1,535

5.4

 
Net Earned Premiums

5

1,116

6.5

 
NEP/GEP

5

72.7%

0.3

ppt
Net underwriting income

5

324

11.1

 
Net Investment Income

5

80

11.3

 
Insurance finance expenses (IFE)

5

-35

1.3

 
Current operating income

5

370

14.9

 
Other operating & Restructuring charges

5

(2)

2.9

 
Operating Income

5

367

12.3

 
Finance costs

5

(39)

4.6

 
Income Tax

5

(86)

2.8

 
Tax rate

5

26%

0.7

ppt
Net income

5

242

7.8

 
Net Loss Ratio (%)

5

39.8%

0.8

ppt
Net Cost Ratio (%)

5

30.8%

0.9

ppt
Net Combined Ratio (%)

5

70.6%

1.0

ppt
ROATE (%)*

5

12.4%

0.4

ppt
Solvency II ratio (PIM)

5

196%

3.4

ppts
EPS

5

1.62 €

0.05

 

DPS

5

1.34 €

0.05

 

Additional distribution per share

5

0.00 €

0.00

 

Payout ratio

5

82.9%

2.1

ppt
Tangible Equity

 

1,967

26

 

Average Tangible Equity

 

1,948

19

 

 * RoATE = Return on Average Tangible Equity

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 reply

Mean

Standard deviation

Total revenue

5

1,951

25.3

 
Gross Earned Premiums

5

1,575

6.8

 
Net Earned Premiums

5

1,146

7.1

 
NEP/GEP

5

72.7%

0.3

ppt
Net underwriting income

5

328

9.3

 
Net Investment Income

5

               88

15.2

 
Insurance finance expenses (IFE)

5

(38)

3.7

 
Current operating income

5

378

16.5

 
Other operating & Restructuring charges

5

(3)

3.6

 
Operating Income

5

376

14.8

 
Finance costs

5

(39)

4.6

 
Income Tax

5

(90)

3.6

 
Tax rate

5

27%

0.7

ppt
Net income

5

247

9.6

 
Net Loss Ratio (%)

5

40.6%

1.0

ppt
Net Cost Ratio (%)

5

30.5%

0.6

ppt
Net Combined Ratio (%)

5

71.0%

0.9

ppt
ROATE (%)*

5

12.3%

0.5

ppt
Solvency II ratio (PIM)

5

196%

4.8

ppts
EPS

5

1.64 €

0.05

 

DPS

5

1.34 €

0.05

 

Additional distribution per share

5

0.00 €

0.00

 

Payout ratio

5

82.1%

2.2

ppts
Tangible Equity

 

2,002

48

 

Average Tangible Equity

 

1,991

42

 

*RoATE = Return on Average Tangible Equity

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 reply

Mean

Standard deviation

Total revenue

5

2,022

42.2

 
Gross Earned Premiums

5

1,619

18.2

 
Net Earned Premiums

5

1,180

10.6

 
NEP/GEP

5

72.9%

0.2

ppt
Net underwriting income

5

341

14.6

 
Net Investment Income

5

               92

18.8

 
Insurance finance expenses (IFE)

5

(39)

4.4

 
Current operating income

5

394

28.4

 
Other operating & Restructuring charges

5

(2)

3.0

 
Operating Income

5

392

27.3

 
Finance costs

5

(39)

4.6

 
Income Tax

5

(94)

6.3

 
Tax rate

5

27%

0.7

ppt
Net income

5

259

19.1

 
Net Loss Ratio (%)

5

40.8%

1.5

ppt
Net Cost Ratio (%)

5

30.0%

0.8

ppt
Net Combined Ratio (%)

5

70.8%

1.3

ppt
ROATE (%)

5

12.7%

1.0

ppt
Solvency II ratio (PIM)

5

197%

6.3

ppts
EPS

5

1.73 €

0.13

 

DPS

5

1.41 €

0.09

 

Additional distribution per share

5

0.00 €

0.00

 

Payout ratio

5

81.6%

1.4

ppt
Tangible Equity

4

2,057

52

 

Average Tangible Equity

4

2,031

34

 

*RoATE = Return on Average Tangible Equity

Disclaimer

This analyst consensus has been prepared with the most recent estimates submitted by various financial analysts to COFACE SA as at 17 July 2025. 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 BankAmalie Zdravkovic
CIC-MSPierre Chedeville
Kepler CheuvreuxBaptiste de Leudeville
Oddo BHFBenoƮt Valleaux