COFACE SA (COFA.PA) Fundamental Analysis & Valuation
EPA:COFA • FR0010667147
14.87 EUR
+0.03 (+0.2%)
Last: Mar 11, 2026, 07:00 PM
This COFA.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 6 out of 10 to COFA. COFA was compared to 47 industry peers in the Insurance industry. While COFA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. COFA is not valued too expensively and it also shows a decent growth rate. Finally COFA also has an excellent dividend rating. With these ratings, COFA could be worth investigating further for dividend investing!.
1. COFA.PA Profitability Analysis
1.1 Basic Checks
- COFA had positive earnings in the past year.
- COFA had a positive operating cash flow in the past year.
- In the past 5 years COFA has always been profitable.
- In the past 5 years COFA always reported a positive cash flow from operatings.
1.2 Ratios
- COFA's Return On Assets of 4.16% is amongst the best of the industry. COFA outperforms 82.98% of its industry peers.
- With a Return On Equity value of 15.19%, COFA perfoms like the industry average, outperforming 55.32% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 4.88%, COFA belongs to the top of the industry, outperforming 89.36% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for COFA is in line with the industry average of 3.45%.
- The 3 year average ROIC (3.68%) for COFA is below the current ROIC(4.88%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 15.19% | ||
| ROIC | 4.88% |
ROA(3y)3.01%
ROA(5y)3.05%
ROE(3y)11.22%
ROE(5y)11.12%
ROIC(3y)3.68%
ROIC(5y)3.62%
1.3 Margins
- COFA has a Profit Margin of 13.16%. This is in the better half of the industry: COFA outperforms 74.47% of its industry peers.
- COFA's Profit Margin has improved in the last couple of years.
- COFA has a Operating Margin of 19.64%. This is amongst the best in the industry. COFA outperforms 82.98% of its industry peers.
- In the last couple of years the Operating Margin of COFA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.64% | ||
| PM (TTM) | 13.16% | ||
| GM | N/A |
OM growth 3Y-1.58%
OM growth 5Y9.47%
PM growth 3Y-2.65%
PM growth 5Y12.51%
GM growth 3YN/A
GM growth 5YN/A
2. COFA.PA Health Analysis
2.1 Basic Checks
- COFA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, COFA has about the same amount of shares outstanding.
- COFA has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, COFA has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.38, we must say that COFA is in the distress zone and has some risk of bankruptcy.
- COFA has a Altman-Z score of 1.38. This is amongst the best in the industry. COFA outperforms 89.36% of its industry peers.
- The Debt to FCF ratio of COFA is 16.15, which is on the high side as it means it would take COFA, 16.15 years of fcf income to pay off all of its debts.
- COFA's Debt to FCF ratio of 16.15 is on the low side compared to the rest of the industry. COFA is outperformed by 70.21% of its industry peers.
- COFA has a Debt/Equity ratio of 1.46. This is a high value indicating a heavy dependency on external financing.
- COFA has a worse Debt to Equity ratio (1.46) than 85.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 16.15 | ||
| Altman-Z | 1.38 |
ROIC/WACC1.01
WACC4.85%
2.3 Liquidity
- COFA has a Current Ratio of 6.63. This indicates that COFA is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Current ratio value of 6.63, COFA belongs to the best of the industry, outperforming 95.74% of the companies in the same industry.
- COFA has a Quick Ratio of 6.63. This indicates that COFA is financially healthy and has no problem in meeting its short term obligations.
- COFA has a better Quick ratio (6.63) than 95.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.63 | ||
| Quick Ratio | 6.63 |
3. COFA.PA Growth Analysis
3.1 Past
- COFA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.85%.
- COFA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.01% yearly.
- The Revenue has decreased by -1.00% in the past year.
- The Revenue has been growing by 8.23% on average over the past years. This is quite good.
EPS 1Y (TTM)-14.85%
EPS 3Y-2.61%
EPS 5Y22.01%
EPS Q2Q%-18.09%
Revenue 1Y (TTM)-1%
Revenue growth 3Y0.03%
Revenue growth 5Y8.23%
Sales Q2Q%-8.89%
3.2 Future
- The Earnings Per Share is expected to grow by 0.60% on average over the next years.
- The Revenue is expected to grow by 4.67% on average over the next years.
EPS Next Y-0.91%
EPS Next 2Y3.14%
EPS Next 3Y5.82%
EPS Next 5Y0.6%
Revenue Next Year2.28%
Revenue Next 2Y3.41%
Revenue Next 3Y4.67%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. COFA.PA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 6.58, the valuation of COFA can be described as very cheap.
- Compared to the rest of the industry, the Price/Earnings ratio of COFA indicates a rather cheap valuation: COFA is cheaper than 97.87% of the companies listed in the same industry.
- COFA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.15.
- A Price/Forward Earnings ratio of 9.58 indicates a reasonable valuation of COFA.
- COFA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. COFA is cheaper than 68.09% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of COFA to the average of the S&P500 Index (24.27), we can say COFA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.58 | ||
| Fwd PE | 9.58 |
4.2 Price Multiples
- COFA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. COFA is cheaper than 72.34% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as COFA.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.13 | ||
| EV/EBITDA | 10.14 |
4.3 Compensation for Growth
- The decent profitability rating of COFA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y3.14%
EPS Next 3Y5.82%
5. COFA.PA Dividend Analysis
5.1 Amount
- COFA has a Yearly Dividend Yield of 8.41%, which is a nice return.
- COFA's Dividend Yield is rather good when compared to the industry average which is at 4.21. COFA pays more dividend than 97.87% of the companies in the same industry.
- COFA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.41% |
5.2 History
- On average, the dividend of COFA grows each year by 12.13%, which is quite nice.
Dividend Growth(5Y)12.13%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- COFA pays out 62.19% of its income as dividend. This is not a sustainable payout ratio.
- COFA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP62.19%
EPS Next 2Y3.14%
EPS Next 3Y5.82%
COFA.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:COFA (3/11/2026, 7:00:00 PM)
14.87
+0.03 (+0.2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)05-12 2026-05-12
Inst Owners61.41%
Inst Owner ChangeN/A
Ins Owners2.95%
Ins Owner ChangeN/A
Market Cap2.23B
Revenue(TTM)2.55B
Net Income(TTM)336.18M
Analysts78.18
Price Target18.07 (21.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.41% |
Yearly Dividend1.4
Dividend Growth(5Y)12.13%
DP62.19%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.23%
PT rev (3m)-0.67%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.55%
EPS NY rev (3m)-4.76%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.73%
Revenue NY rev (3m)-1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.58 | ||
| Fwd PE | 9.58 | ||
| P/S | 0.87 | ||
| P/FCF | 11.13 | ||
| P/OCF | 9.45 | ||
| P/B | 1.01 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 10.14 |
EPS(TTM)2.26
EY15.2%
EPS(NY)1.55
Fwd EY10.44%
FCF(TTM)1.34
FCFY8.98%
OCF(TTM)1.57
OCFY10.58%
SpS17.01
BVpS14.74
TBVpS12.98
PEG (NY)N/A
PEG (5Y)0.3
Graham Number27.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 15.19% | ||
| ROCE | 6.61% | ||
| ROIC | 4.88% | ||
| ROICexc | 4.91% | ||
| ROICexgc | 5.38% | ||
| OM | 19.64% | ||
| PM (TTM) | 13.16% | ||
| GM | N/A | ||
| FCFM | 7.85% |
ROA(3y)3.01%
ROA(5y)3.05%
ROE(3y)11.22%
ROE(5y)11.12%
ROIC(3y)3.68%
ROIC(5y)3.62%
ROICexc(3y)3.87%
ROICexc(5y)3.88%
ROICexgc(3y)4.26%
ROICexgc(5y)4.26%
ROCE(3y)4.99%
ROCE(5y)4.91%
ROICexgc growth 3Y-5.79%
ROICexgc growth 5Y14.53%
ROICexc growth 3Y-5.71%
ROICexc growth 5Y16.11%
OM growth 3Y-1.58%
OM growth 5Y9.47%
PM growth 3Y-2.65%
PM growth 5Y12.51%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 16.15 | ||
| Debt/EBITDA | 6.04 | ||
| Cap/Depr | 105.21% | ||
| Cap/Sales | 1.39% | ||
| Interest Coverage | 12.48 | ||
| Cash Conversion | 44.12% | ||
| Profit Quality | 59.68% | ||
| Current Ratio | 6.63 | ||
| Quick Ratio | 6.63 | ||
| Altman-Z | 1.38 |
F-Score4
WACC4.85%
ROIC/WACC1.01
Cap/Depr(3y)79.66%
Cap/Depr(5y)75.27%
Cap/Sales(3y)1.7%
Cap/Sales(5y)1.68%
Profit Quality(3y)109.09%
Profit Quality(5y)128.34%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.85%
EPS 3Y-2.61%
EPS 5Y22.01%
EPS Q2Q%-18.09%
EPS Next Y-0.91%
EPS Next 2Y3.14%
EPS Next 3Y5.82%
EPS Next 5Y0.6%
Revenue 1Y (TTM)-1%
Revenue growth 3Y0.03%
Revenue growth 5Y8.23%
Sales Q2Q%-8.89%
Revenue Next Year2.28%
Revenue Next 2Y3.41%
Revenue Next 3Y4.67%
Revenue Next 5YN/A
EBIT growth 1Y-16.79%
EBIT growth 3Y-1.55%
EBIT growth 5Y18.48%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-38.58%
FCF growth 3Y-22.02%
FCF growth 5Y4.57%
OCF growth 1Y-33.14%
OCF growth 3Y-19.68%
OCF growth 5Y3.98%
COFACE SA / COFA.PA FAQ
What is the fundamental rating for COFA stock?
ChartMill assigns a fundamental rating of 6 / 10 to COFA.PA.
Can you provide the valuation status for COFACE SA?
ChartMill assigns a valuation rating of 6 / 10 to COFACE SA (COFA.PA). This can be considered as Fairly Valued.
What is the profitability of COFA stock?
COFACE SA (COFA.PA) has a profitability rating of 7 / 10.
What is the earnings growth outlook for COFACE SA?
The Earnings per Share (EPS) of COFACE SA (COFA.PA) is expected to decline by -0.91% in the next year.
Is the dividend of COFACE SA sustainable?
The dividend rating of COFACE SA (COFA.PA) is 7 / 10 and the dividend payout ratio is 62.19%.