BAP:NYE-Credicorp Ltd (USD)

COMMON STOCK | Banks—Regional | NYE

Last Closing Price

USD 155.05

Change

0.00 (0.00)%

Market Cap

USD 12.31B

Volume

0.28M

Average Target Price

USD 159.33 (+2.76%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Wealth Management segments. The company offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. It also issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. In addition, the company offers microfinance, including the management of loans, credits, deposits, and current accounts of the small and microenterprises. Further, it provides investment brokerage and management services to corporations, institutional investors, governments, and foundations; and engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market. Additionally, it structures securitization processes for corporate customers and manages mutual funds, as well as investment advisory and financial planning services. The company was founded in 1889 and is based in Hamilton, Bermuda. Address: Clarendon House, Hamilton, Bermuda, HM CX

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-28 )

Largest Industry Peers for Banks—Regional

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HDB HDFC Bank Limited

N/A

USD107.09B 131.05 N/A
USB-PH U.S. Bancorp

N/A

USD97.32B 7.82 N/A
USB-PP U.S. Bancorp

N/A

USD88.60B 9.34 N/A
USB-PO U.S. Bancorp

N/A

USD83.40B 8.48 N/A
USB-PM U.S. Bancorp

N/A

USD80.94B 8.87 N/A
USB U.S. Bancorp

N/A

USD66.60B 14.63 N/A
PNC The PNC Financial Services Gro..

N/A

USD59.23B 8.40 N/A
PNC-PQ The PNC Financial Services Gro..

N/A

USD58.78B 2.14 N/A
ITUB Itaú Unibanco Holding S.A

N/A

USD49.91B 8.59 N/A
IBN ICICI Bank Limited

N/A

USD43.96B 37.36 N/A

ETFs Containing BAP

Symbol Name Weight Mer Price(Change) Market Cap
EDZ Direxion Daily MSCI Emerg.. 0.00 % 1.08 %

N/A

USD0.04B
EEM iShares MSCI Emerging Mar.. 0.00 % 0.68 %

N/A

USD24.15B
EET ProShares Ultra MSCI Emer.. 0.00 % 0.95 %

N/A

USD0.04B
EEV ProShares UltraShort MSCI.. 0.00 % 0.95 %

N/A

USD0.01B
EMLB iPath Long Enhanced MSCI .. 0.00 % 0.00 %

N/A

USD1.33M
EMSA iPath Short Enh MSCI Emer.. 0.00 % 0.00 %

N/A

USD1.80M
EPU iShares MSCI Peru ETF 0.00 % 0.59 %

N/A

USD0.08B
EUM ProShares Short MSCI Emer.. 0.00 % 0.95 %

N/A

USD0.05B
EWEM Invesco MSCI Emerging Mar.. 0.00 % 0.70 %

N/A

USD0.01B
GML SPDR S&P Emerging Latin A.. 0.00 % 0.00 %

N/A

USD0.04B
IEMG iShares Core MSCI Emergin.. 0.00 % 0.13 %

N/A

USD54.41B
ILF iShares Latin America 40 .. 0.00 % 0.48 %

N/A

USD0.81B
EDBI Legg Mason Emerging Mkts .. 0.00 % 0.50 %

N/A

USD0.01B
PACA Xtrackers MSCI [Latin Ame.. 0.00 % 0.45 %

N/A

USD1.74M

Market Performance

  Market Performance vs.
Industry/Classification (Banks—Regional)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -27.25% 24% F 15% F
Dividend Return 3.99% 87% B+ 78% C+
Total Return -23.26% 31% F 17% F
Trailing 12 Months  
Capital Gain -26.58% 20% F 14% F
Dividend Return 4.02% 78% C+ 73% C
Total Return -22.56% 25% F 15% F
Trailing 5 Years  
Capital Gain 46.81% 86% B 70% C-
Dividend Return 18.40% 74% C 61% D-
Total Return 65.22% 84% B 73% C
Average Annual (5 Year Horizon)  
Capital Gain 11.01% N/A N/A 81% B-
Dividend Return 2.03% N/A N/A 53% F
Total Return 13.04% N/A N/A 81% B-
Risk Return Profile  
Volatility (Standard Deviation) 28.42% N/A N/A 23% F
Risk Adjusted Return 45.90% N/A N/A 63% D
Market Capitalization 12.31B 68% D+ 85% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks—Regional)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 13.48 43% F 66% D
Price/Book Ratio 1.87 11% F 43% F
Price / Cash Flow Ratio 1.78 76% C 76% C
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 2.62% 11% F 43% F
Return on Invested Capital 7.60% 66% D 62% D-
Return on Assets 0.32% 13% F 25% F
Debt to Equity Ratio 89.88% 31% F 39% F
Technical Ratios  
Short Ratio 1.21 88% B+ 65% D
Short Percent 1.41% 82% B- 77% C+
Beta 0.66 93% A 75% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.