Financials Grupo de Inversiones Suramericana S.A.

Equities

End-of-day quote Bolsa De Valores De Colombia Other stock markets 03:30:00 26/04/2024 am IST			5-day change	1st Jan Change
39,020 ^COP	+0.36%		+8.69%	+34.55%

28/04	International Holding Co.'s Unit Finalizes Share Swap Deal in Colombia	MT
12/04	Grupo Argos S.A. and Grupo de Inversiones Suramericana S.A., Nugil SAS and Jgdb Holding S A/S completed the acquisition of 22.6% stake in Grupo Nutresa S. A. for $1.23 billion.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	1,92,56,417	1,43,41,948	1,65,84,039	2,10,87,377	1,50,53,761	2,07,99,130	-
Enterprise Value (EV) ¹	1,92,56,417	1,43,41,948	1,65,84,039	2,10,87,377	2,19,58,858	2,33,21,199	2,04,67,881
P/E ratio	12.6 x	58.8 x	12.2 x	11.9 x	10.9 x	9.15 x	7.81 x
Yield	1.62%	2.51%	2.61%	3.05%	4.41%	2.94%	2.81%
Capitalization / Revenue	0.88 x	0.69 x	0.67 x	0.67 x	0.42 x	0.51 x	0.49 x
EV / Revenue	0.88 x	0.69 x	0.67 x	0.67 x	0.62 x	0.57 x	0.48 x
EV / EBITDA	-	-	-	-	4.16 x	4.67 x	3.85 x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	0.62 x	0.57 x	0.61 x	0.72 x	0.55 x	0.59 x	0.55 x
Nbr of stocks (in thousands)	5,81,978	5,81,978	5,81,978	5,79,229	5,79,229	5,79,229	-
Reference price ²	34,000	25,280	30,000	42,000	29,000	39,020	39,020
Announcement Date	27/02/20	28/02/21	25/02/22	01/03/23	20/03/24	-	-

¹COP in Million²COP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	2,19,14,782	2,08,37,911	2,48,47,945	3,13,50,429	3,55,29,207	4,09,95,434	4,27,09,409
EBITDA ¹	-	-	-	-	52,73,307	49,90,275	53,10,253
EBIT ¹	30,41,242	16,07,823	25,64,276	36,81,000	46,48,198	42,02,980	45,25,817
Operating Margin	13.88%	7.72%	10.32%	11.74%	13.08%	10.25%	10.6%
Earnings before Tax (EBT) ¹	23,94,252	7,96,000	19,79,801	26,89,000	36,01,531	33,28,805	38,39,903
Net income ¹	15,25,537	2,25,000	14,08,560	20,75,000	15,39,582	24,69,349	28,92,367
Net margin	6.96%	1.08%	5.67%	6.62%	4.33%	6.02%	6.77%
EPS ²	2,692	430.0	2,466	3,515	2,660	4,263	4,993
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	550.0	634.0	784.0	1,280	1,280	1,147	1,096
Announcement Date	27/02/20	28/02/21	25/02/22	01/03/23	20/03/24	-	-

¹COP in Million²COP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	-	-	69,05,097	25,22,069	-
Net Cash position ¹	-	-	-	-	-	-	3,31,249
Leverage (Debt/EBITDA)	-	-	-	-	1.309 x	0.5054 x	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	6.09%	0.87%	1.19%	6.73%	4.8%	6.7%	7.3%
ROA (Net income/ Total Assets)	2.18%	0.32%	1.92%	2.38%	-	-	-
Assets ¹	7,00,55,887	6,99,51,811	7,33,81,610	8,71,48,257	-	-	-
Book Value Per Share ²	54,658	44,684	49,370	58,229	52,487	66,124	71,117
Cash Flow per Share	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-
Announcement Date	27/02/20	28/02/21	25/02/22	01/03/23	20/03/24	-	-

¹COP in Million²COP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B-

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

39,020 COP

Average target price

33,150 COP

Spread / Average Target

-15.04%

	1st Jan change	Capi.
GRUPO DE INVERSIONES SURAMERICANA S.A.	+34.55%	5.29B
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	+3.05%	95.15B
CHINA LIFE INSURANCE COMPANY LIMITED	+4.15%	94.71B
AIA GROUP LIMITED	-15.80%	77.24B
LIFE INSURANCE CORPORATION OF INDIA	+17.74%	74.93B
CHINA PACIFIC INSURANCE (GROUP) CO., LTD.	+6.69%	30.04B
JAPAN POST HOLDINGS CO., LTD.	+18.06%	27.87B
FUBON FINANCIAL HOLDING CO., LTD.	+4.32%	26.97B
SBI LIFE INSURANCE COMPANY LIMITED	-0.72%	16.99B
HDFC LIFE INSURANCE COMPANY LIMITED	-11.07%	15.16B