BAP:NYE-Credicorp Ltd (USD)

COMMON STOCK | Banks-Regional | NYE

Last Closing Price

USD 116.33

Change

-3.66 (-3.05)%

Market Cap

USD 11.36B

Volume

1.02M

Average Target Price

USD 146.00 (+25.51%)
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. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. Its Insurance and Pensions segment 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. The company's Microfinance segment manages loans, credits, deposits, and current accounts of the small and microenterprises. Its Investment Banking and Wealth Management segment offers its services to corporations, institutional investors, governments, and foundations; engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market; and structures securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-18 )

Largest Industry Peers for Banks-Regional

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

-0.06 (-0.08%)

USD112.37B 39.03 N/A
USB-PH U.S. Bancorp

+0.01 (+0.04%)

USD102.67B 6.58 N/A
USB-PP U.S. Bancorp

-0.05 (-0.18%)

USD89.19B 7.50 N/A
USB U.S. Bancorp

-0.98 (-1.76%)

USD87.06B 16.71 N/A
USB-PO U.S. Bancorp

N/A

USD81.31B 8.27 N/A
USB-PM U.S. Bancorp

+0.04 (+0.15%)

USD79.13B 6.92 N/A
PNC The PNC Financial Services Gro..

-4.12 (-2.26%)

USD77.52B 9.54 N/A
BSBR Banco Santander (Brasil) S.A

-0.21 (-2.35%)

USD66.75B 12.38 N/A
ITUB Itaú Unibanco Holding S.A

-0.17 (-2.61%)

USD63.92B 15.27 N/A
IBN ICICI Bank Limited

-0.27 (-1.58%)

USD60.42B 18.00 N/A

ETFs Containing BAP

Symbol Name Weight Mer Price(Change) Market Cap
EDZ Direxion Daily MSCI Emerg.. 0.00 % 1.10 %

+0.18 (+2.32%)

USD0.02B
EET ProShares Ultra MSCI Emer.. 0.00 % 0.95 %

-1.48 (-1.40%)

USD0.09B
EEV ProShares UltraShort MSCI.. 0.00 % 0.95 %

+0.23 (+1.54%)

USD5.70M
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 %

-0.52 (-1.80%)

USD0.18B
EUM ProShares Short MSCI Emer.. 0.00 % 0.95 %

+0.10 (+0.85%)

USD0.02B
EWEM Invesco MSCI Emerging Mar.. 0.00 % 0.70 %

N/A

USD0.01B
FM iShares MSCI Frontier and.. 0.00 % 0.79 %

-0.24 (-0.72%)

USD0.45B
GML SPDR S&P Emerging Latin A.. 0.00 % 0.00 %

N/A

USD0.04B
ILF iShares Latin America 40 .. 0.00 % 0.48 %

-0.13 (-0.42%)

USD1.90B
PID Invesco International Div.. 0.00 % 0.53 %

-0.32 (-1.77%)

USD0.58B
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 -29.08% 2% F 3% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -29.08% 2% F 3% F
Trailing 12 Months  
Capital Gain -21.36% 2% F 5% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -21.36% 2% F 4% F
Trailing 5 Years  
Capital Gain -22.99% 17% F 16% F
Dividend Return 11.33% 21% F 37% F
Total Return -11.66% 16% F 15% F
Average Annual (5 Year Horizon)  
Capital Gain 0.32% 40% F 31% F
Dividend Return 2.23% 45% F 52% F
Total Return 2.55% 39% F 29% F
Risk Return Profile  
Volatility (Standard Deviation) 26.09% 54% F 42% F
Risk Adjusted Return 9.76% 36% F 24% F
Market Capitalization 11.36B 68% D+ 83% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 97.20 1% F 8% F
Price/Book Ratio 1.62 30% F 59% F
Price / Cash Flow Ratio 0.90 72% C- 78% C+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 334.52% 86% B 89% B+
Return on Invested Capital 0.20% 42% F 30% F
Return on Assets 0.36% 6% F 23% F
Debt to Equity Ratio 89.38% 27% F 42% F
Technical Ratios  
Short Ratio 1.28 88% B+ 65% D
Short Percent 1.58% 51% F 68% D+
Beta 0.84 84% B 67% D+
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:
Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Positive cash flow

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

Superior Dividend Growth

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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 capital utilization

The company management has delivered below median return on invested capital 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.

Highly 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.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector