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 October 20, 2026

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

4

464

7.4

 

Insurance revenue

4

379

7.7

 

Net Earned Premiums

4

274

5.2

 

NEP/GEP

4

72.3%

0.6

ppt

Net underwriting income

4

68

3.0

 

Net Investment Income

4

23

1.0

 

Insurance finance expenses (IFE)

4

(13)

1.8

 
Current operating income

4

78

3.4

 
Other operating income and expenses

4

               (1)

0.8

 
Operating Income

4

77

4.0

 
Finance costs

4

(10)

0.5

 
Income Tax

4

(18)

2.0

 
Tax rate

4

26.9%

1.7

ppt
Net income

4

48

2.3

 
Net Loss Ratio (%)

4

39.0%

0.1

ppt
Net Cost Ratio (%)

5

35.4%

0.5

ppt
Net Combined Ratio (%)

4

74.4%

0.5

ppt
ROATE (%)

3

10.0%

0.3

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

4

1,873

14.4

 
Insurance revenue

4

1,513

12.8

 
Net Earned Premiums

4

1,095

9.2

 
NEP/GEP

4

72.4%

0.4

ppt
Net underwriting income

4

286

6.2

 
Net Investment Income

4

96

0.2

 
Insurance finance expenses (IFE)

4

-52

8.7

 
Current operating income

4

330

13.2

 
Other operating & Restructuring charges

4

(4)

2.1

 
Operating Income

4

326

13.7

 
Finance costs

4

(41)

0.8

 
Income Tax

4

(77)

3.1

 
Tax rate

4

27%

0.7

ppt
Net income

4

208

11.0

 
Net Loss Ratio (%)

4

38.8%

0.7

ppt
Net Cost Ratio (%)

4

34.5%

0.7

ppt
Net Combined Ratio (%)

4

73.3%

0.4

ppt
ROATE (%)

4

10.6%

0.5

ppt
Solvency II ratio (PIM)

4

197%

2.8

ppts
EPS

4

1.39 €

0.07

 

DPS

4

1.15 €

0.09

 

Additional distribution per share

4

0.00 €

0.00

 

Payout ratio

4

82.7%

2.9

ppt
 

 

   
Tangible Equity

2

1,980

30

 

Average Tangible Equity

3

1,962

16

 

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

4

1,945

55.6

 

Insurance revenue

4

1,557

34.4

 

Net Earned Premiums

4

1,131

20.6

 

NEP/GEP

4

72.6%

0.4

ppt

Net underwriting income

4

297

14.6

 

Net Investment Income

4

              101

4.1

 

Insurance finance expenses (IFE)

4

(50)

9.5

 

Current operating income

4

347

27.5

 

Other operating & Restructuring charges

4

(2)

2.8

 

Operating Income

4

345

28.6

 

Finance costs

4

(41)

0.8

 

Income Tax

4

(80)

7.4

 

Tax rate

4

26%

0.6

ppt

Net income

4

223

21.4

 

Net Loss Ratio (%)

4

38.5%

0.7

ppt

Net Cost Ratio (%)

4

34.7%

0.6

ppt

Net Combined Ratio (%)

4

73.1%

1.0

ppt

ROATE (%)

4

11.1%

0.9

ppt

Solvency II ratio (PIM)

4

198%

5.0

ppts

EPS

4

1.50 €

0.14

 

DPS

4

1.25 €

0.16

 

Additional distribution per share

4

0.00 €

0.00

 

Payout ratio

4

83.5%

3.0

ppt

 

 

 

 

 

Tangible Equity

 2 

2,025

33

 

Average Tangible Equity

3

2,008

26

 

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

4

2,023

97.4

 

Insurance revenue

4

1,603

52.0

 

Net Earned Premiums

4

1,165

32.3

 

NEP/GEP

4

72.6%

0.5

ppt

Net underwriting income

4

314

25.4

 

Net Investment Income

4

              106

8.2

 

Insurance finance expenses (IFE)

4

(51)

9.1

 

Current operating income

4

369

41.8

 

Other operating & Restructuring charges

4

(3)

3.4

 

Operating Income

4

366

42.0

 

Finance costs

4

(41)

0.8

 

Income Tax

4

(86)

10.6

 

Tax rate

4

26%

0.6

ppt

Net income

4

238

30.9

 

Net Loss Ratio (%)

4

38.1%

0.9

ppt

Net Cost Ratio (%)

4

34.6%

1.0

ppt

Net Combined Ratio (%)

4

72.7%

1.6

ppt

ROATE (%)

4

11.6%

1.3

ppt

Solvency II ratio (PIM)

4

199%

7.1

ppts

EPS

4

1.60 €

0.21

 

DPS

4

1.31 €

0.20

 

Additional distribution per share

4

0.00 €

0.00

 

Payout ratio

4

81.7%

1.9

ppt

 

 

 

 

 

Tangible Equity

2 

2,075

43

 

Average Tangible Equity

3 

2,039

32

 

Disclaimer

This analyst consensus has been prepared with the most recent estimates submitted by various financial analysts to COFACE SA as at October 20, 2026. 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
CIC-MSPierre Chedeville
Kepler CheuvreuxBaptiste de Leudeville
Oddo BHFBenoƮt Valleaux