CREDICORP LTD (BAP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BAP - BMG2519Y1084 - Common Stock
344.33 USD
+3.72 (+1.09%)
344.32 USD
-0.01 (0%)
Overall BAP gets a fundamental rating of 4 out of 10. We evaluated BAP against 383 industry peers in the Banks industry. BAP has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, BAP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past 5 years BAP has always been profitable.
- Of the past 5 years BAP 4 years had a positive operating cash flow.
1.2 Ratios
- BAP has a Return On Assets of 2.51%. This is amongst the best in the industry. BAP outperforms 98.43% of its industry peers.
- BAP has a better Return On Equity (18.14%) than 97.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 18.14% | ||
| ROIC | N/A |
ROA(3y)2.05%
ROA(5y)1.55%
ROE(3y)15.66%
ROE(5y)12.38%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of BAP (26.45%) is better than 63.19% of its industry peers.
- 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) | 26.45% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y5.36%
PM growth 5Y-1%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The number of shares outstanding for BAP remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, BAP has less shares outstanding
- Compared to 1 year ago, BAP has an improved debt to assets ratio.
2.2 Solvency
- BAP has a debt to FCF ratio of 1.72. This is a very positive value and a sign of high solvency as it would only need 1.72 years to pay back of all of its debts.
- BAP's Debt to FCF ratio of 1.72 is in line compared to the rest of the industry. BAP outperforms 52.74% of its industry peers.
- A Debt/Equity ratio of 1.00 is on the high side and indicates that BAP has dependencies on debt financing.
- BAP has a Debt to Equity ratio of 1.00. This is amonst the worse of the industry: BAP underperforms 84.33% of its industry peers.
- Although BAP does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 1.72 | ||
| 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
- BAP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.65%, which is quite impressive.
- Measured over the past 5 years, BAP shows a small growth in Earnings Per Share. The EPS has been growing by 5.23% on average per year.
- Looking at the last year, BAP shows a quite strong growth in Revenue. The Revenue has grown by 10.19% in the last year.
- Measured over the past years, BAP shows a small growth in Revenue. The Revenue has been growing by 6.28% on average per year.
EPS 1Y (TTM)23.65%
EPS 3Y15.38%
EPS 5Y5.23%
EPS Q2Q%13.66%
Revenue 1Y (TTM)10.19%
Revenue growth 3Y9.48%
Revenue growth 5Y6.28%
Sales Q2Q%-4.3%
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 15.70% on average per year.
- The Revenue is expected to grow by 6.85% on average over the next years.
EPS Next Y26.66%
EPS Next 2Y17.94%
EPS Next 3Y15.7%
EPS Next 5YN/A
Revenue Next Year0.5%
Revenue Next 2Y6.36%
Revenue Next 3Y6.85%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same 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
- BAP's earnings are expected to grow with 15.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y17.94%
EPS Next 3Y15.7%
5. Dividend
5.1 Amount
- BAP has a Yearly Dividend Yield of 3.18%.
- BAP's Dividend Yield is a higher than the industry average which is at 2.61.
- BAP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
5.2 History
- On average, the dividend of BAP grows each year by 10.42%, which is quite nice.
- BAP has paid a dividend for at least 10 years, which is a reliable track record.
- BAP has decreased its dividend recently.
Dividend Growth(5Y)10.42%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- BAP pays out 66.66% of its income as dividend. This is not a sustainable payout ratio.
- BAP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP66.66%
EPS Next 2Y17.94%
EPS Next 3Y15.7%
CREDICORP LTD / BAP FAQ
What is the ChartMill fundamental rating of CREDICORP LTD (BAP) stock?
ChartMill assigns a fundamental rating of 4 / 10 to BAP.
What is the valuation status for BAP stock?
ChartMill assigns a valuation rating of 0 / 10 to CREDICORP LTD (BAP). This can be considered as Overvalued.
What is the profitability of BAP stock?
CREDICORP LTD (BAP) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for BAP stock?
The Earnings per Share (EPS) of CREDICORP LTD (BAP) is expected to grow by 26.66% in the next year.