Financials Mapfre S.A.

Equities

MAP

ES0124244E34

Multiline Insurance & Brokers

Market Closed - BME 11:35:10 2024-04-30 EDT 5-day change 1st Jan Change
2.262 EUR -0.79% Intraday chart for Mapfre S.A. +0.53% +16.42%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,204 4,857 5,506 5,534 5,952 6,932 - -
Enterprise Value (EV) 1 7,640 4,566 5,506 5,534 5,952 6,932 6,932 6,932
P/E ratio 11.8 x 9.37 x 7.22 x 8.62 x 8.83 x 7.75 x 7.29 x 7.07 x
Yield 6.36% 7.85% 8.11% 8.01% 7.72% 7.15% 7.6% 7.44%
Capitalization / Revenue 0.31 x 0.24 x 0.25 x 0.23 x 0.22 x 0.24 x 0.23 x 0.22 x
EV / Revenue 0.31 x 0.24 x 0.25 x 0.23 x 0.22 x 0.24 x 0.23 x 0.22 x
EV / EBITDA - - - - - - - -
EV / FCF - - - 10.9 x 3.84 x 9.97 x 9.46 x 9 x
FCF Yield - - - 9.22% 26% 10% 10.6% 11.1%
Price to Book 0.82 x 0.57 x 0.66 x 0.77 x 0.71 x 0.81 x 0.76 x 0.73 x
Nbr of stocks (in thousands) 3,052,650 3,049,267 3,049,485 3,057,260 3,063,119 3,064,424 - -
Reference price 2 2.360 1.593 1.806 1.810 1.943 2.262 2.262 2.262
Announcement Date 20-02-12 21-02-11 22-02-10 23-02-09 24-02-14 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,044 20,482 22,155 24,540 26,917 29,384 30,365 31,816
EBITDA - - - - - - - -
EBIT 1 1,369 1,195 1,391 1,398 1,648 2,012 2,055 2,133
Operating Margin 5.94% 5.83% 6.28% 5.7% 6.12% 6.85% 6.77% 6.7%
Earnings before Tax (EBT) 1 1,279 1,118 1,355 1,398 1,648 1,936 1,989 1,987
Net income 1 609.2 526.5 765.2 642.1 677.2 883.8 936 970.4
Net margin 2.64% 2.57% 3.45% 2.62% 2.52% 3.01% 3.08% 3.05%
EPS 2 0.2000 0.1700 0.2500 0.2100 0.2200 0.2919 0.3102 0.3200
Free Cash Flow 1 - - - 510 1,548 695 733 770
FCF margin - - - 2.08% 5.75% 2.37% 2.41% 2.42%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - 79.42% 228.64% 78.64% 78.31% 79.35%
Dividend per Share 2 0.1500 0.1250 0.1464 0.1450 0.1500 0.1616 0.1719 0.1684
Announcement Date 20-02-12 21-02-11 22-02-10 23-02-09 24-02-14 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 10,983 - 4,969 5,523 6,538 5,972 6,135 5,896 6,564 14,350 6,330 6,238 8,329 7,026 6,733 6,043
EBITDA - - - - - - - - - - - - - - - - -
EBIT - - 659.6 - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - - - - -
Earnings before Tax (EBT) 1 530 536.5 - 269.3 451.4 300.6 362.4 352.9 381.7 453 - 432.2 414.3 451 - - -
Net income 1 234.7 270.7 364 160.4 240.8 154.5 183.1 150.8 153.7 189.4 - 153.6 206.6 193.6 254.8 227.4 224.7
Net margin - 2.46% - 3.23% 4.36% 2.36% 3.07% 2.46% 2.61% 2.89% - 2.43% 3.31% 2.32% 3.63% 3.38% 3.72%
EPS 2 0.0800 - - 0.0300 0.1000 0.0500 0.0600 0.0500 0.0500 - - - - 0.0646 0.0827 0.0738 0.0730
Dividend per Share - - - - 0.1464 - - - 0.0846 - - - - - - - -
Announcement Date 20-02-12 20-07-24 21-07-26 21-10-29 22-02-10 22-04-28 22-07-28 22-10-28 23-02-09 23-07-28 23-07-28 23-10-15 24-02-14 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 436 - - - - - - -
Net Cash position - 292 - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - 510 1,548 695 733 770
ROE (net income / shareholders' equity) 7.23% 6.1% 9% 8.2% 9% 10.1% 10.6% 10.6%
ROA (Net income/ Total Assets) 0.87% 0.74% 1.15% 1.04% 1.26% 1.3% 1.3% 1.3%
Assets 1 69,867 70,831 66,504 61,740 53,573 67,986 72,004 74,646
Book Value Per Share 2 2.880 2.770 2.750 2.360 2.750 2.810 2.970 3.090
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 20-02-12 21-02-11 22-02-10 23-02-09 24-02-14 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
2.262 EUR
Average target price
2.462 EUR
Spread / Average Target
+8.86%
Consensus
  1. Stock Market
  2. Equities
  3. MAP Stock
  4. Financials Mapfre S.A.