CREDICORP LTD (BAP)
BMG2519Y1084 - Common Stock
We assign a fundamental rating of 2 out of 10 to BAP. BAP was compared to 412 industry peers in the Banks industry. Both the profitability and financial health of BAP have multiple concerns. While showing a medium growth rate, BAP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
Each year in the past 5 years BAP has been profitable.
Of the past 5 years BAP 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.04%, BAP belongs to the top of the industry, outperforming 96.12% of the companies in the same industry.
BAP has a better Return On Equity (14.99%) than 88.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.04% | ||
| ROE | 14.99% | ||
| ROIC | N/A |
ROA(3y)1.82%
ROA(5y)1.57%
ROE(3y)14.83%
ROE(5y)12.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 25.04%, BAP is in line with its industry, outperforming 54.85% of the companies in the same industry.
In the last couple of years the Profit Margin of BAP has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for BAP so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25.04% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y123.44%
PM growth 5Y-1.12%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BAP has less shares outstanding than it did 1 year ago.
BAP has more shares outstanding than it did 5 years ago.
BAP has a better debt/assets ratio than last year.
2.2 Solvency
BAP has a debt to FCF ratio of 19.97. This is a negative value and a sign of low solvency as BAP would need 19.97 years to pay back of all of its debts.
The Debt to FCF ratio of BAP (19.97) is worse than 84.71% of its industry peers.
A Debt/Equity ratio of 0.82 indicates that BAP is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.82, BAP is doing worse than 78.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 19.97 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.05% over the past year.
Measured over the past 5 years, BAP shows a small growth in Earnings Per Share. The EPS has been growing by 4.07% on average per year.
BAP shows a decrease in Revenue. In the last year, the revenue decreased by -2.02%.
The Revenue has been growing slightly by 5.25% on average over the past years.
EPS 1Y (TTM)5.05%
EPS 3Y140.71%
EPS 5Y4.07%
EPS growth Q2Q-21.25%
Revenue 1Y (TTM)-2.02%
Revenue growth 3Y7.92%
Revenue growth 5Y5.25%
Revenue growth Q2Q-7.86%
3.2 Future
Based on estimates for the next years, BAP will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.76% on average per year.
BAP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.56% yearly.
EPS Next Y14.79%
EPS Next 2Y13.08%
EPS Next 3Y11.76%
EPS Next 5YN/A
Revenue Next Year7.51%
Revenue Next 2Y6.88%
Revenue Next 3Y6.56%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.08%
EPS Next 3Y11.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.96%, BAP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.91, BAP has a dividend in line with its industry peers.
BAP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.96% |
5.2 History
The dividend of BAP is nicely growing with an annual growth rate of 11.82%!
BAP has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BAP pays out 40.98% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of BAP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP40.98%
EPS Next 2Y13.08%
EPS Next 3Y11.76%
CREDICORP LTD
NYSE:BAP (4/18/2024, 3:46:53 PM)
After market: 161.88 0 (0%)161.88
+0.89 (+0.55%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap12.88B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.96% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.04% | ||
| ROE | 14.99% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 25.04% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)5.05%
EPS 3Y140.71%
EPS 5Y
EPS growth Q2Q
EPS Next Y14.79%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-2.02%
Revenue growth 3Y7.92%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y