Switch to:
Also traded in: Germany, Mexico, Peru

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 2.11
BAP's Cash to Debt is ranked lower than
53% of the 1134 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 3.18 vs. BAP: 2.11 )
Ranked among companies with meaningful Cash to Debt only.
BAP' s Cash to Debt Range Over the Past 10 Years
Min: 1.22  Med: 2.15 Max: No Debt
Current: 2.11
Equity to Asset 0.10
BAP's Equity to Asset is ranked lower than
51% of the 1602 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.10 vs. BAP: 0.10 )
Ranked among companies with meaningful Equity to Asset only.
BAP' s Equity to Asset Range Over the Past 10 Years
Min: 0.08  Med: 0.10 Max: 0.12
Current: 0.1
0.08
0.12
Interest Coverage 1.63
BAP's Interest Coverage is ranked higher than
50% of the 1585 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.62 vs. BAP: 1.63 )
Ranked among companies with meaningful Interest Coverage only.
BAP' s Interest Coverage Range Over the Past 10 Years
Min: 0.86  Med: 1.45 Max: 1.85
Current: 1.63
0.86
1.85
F-Score: 3
M-Score: -2.37
WACC vs ROIC
8.50%
368.74%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 33.84
BAP's Operating margin (%) is ranked higher than
57% of the 1621 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 31.11 vs. BAP: 33.84 )
Ranked among companies with meaningful Operating margin (%) only.
BAP' s Operating margin (%) Range Over the Past 10 Years
Min: 25.87  Med: 32.25 Max: 36.02
Current: 33.84
25.87
36.02
Net-margin (%) 23.96
BAP's Net-margin (%) is ranked higher than
55% of the 1620 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 22.40 vs. BAP: 23.96 )
Ranked among companies with meaningful Net-margin (%) only.
BAP' s Net-margin (%) Range Over the Past 10 Years
Min: 17.12  Med: 23.56 Max: 28.8
Current: 23.96
17.12
28.8
ROE (%) 20.05
BAP's ROE (%) is ranked higher than
91% of the 1615 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 8.20 vs. BAP: 20.05 )
Ranked among companies with meaningful ROE (%) only.
BAP' s ROE (%) Range Over the Past 10 Years
Min: 14.41  Med: 21.65 Max: 24.34
Current: 20.05
14.41
24.34
ROA (%) 2.05
BAP's ROA (%) is ranked higher than
86% of the 1625 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.87 vs. BAP: 2.05 )
Ranked among companies with meaningful ROA (%) only.
BAP' s ROA (%) Range Over the Past 10 Years
Min: 1.48  Med: 2.19 Max: 2.35
Current: 2.05
1.48
2.35
Revenue Growth (3Y)(%) 14.40
BAP's Revenue Growth (3Y)(%) is ranked higher than
85% of the 1336 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 2.80 vs. BAP: 14.40 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
BAP' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 0.3  Med: 13.20 Max: 20.9
Current: 14.4
0.3
20.9
EBITDA Growth (3Y)(%) 18.70
BAP's EBITDA Growth (3Y)(%) is ranked higher than
79% of the 1226 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 5.80 vs. BAP: 18.70 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
BAP' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: 7.9  Med: 17.30 Max: 32.4
Current: 18.7
7.9
32.4
EPS Growth (3Y)(%) 14.60
BAP's EPS Growth (3Y)(%) is ranked higher than
70% of the 1211 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 7.40 vs. BAP: 14.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
BAP' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -0.5  Med: 18.40 Max: 65.3
Current: 14.6
-0.5
65.3
» BAP's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-08-11)


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q2 2015

BAP Guru Trades in Q2 2015

Sarah Ketterer 17,266 sh (New)
Jim Simons 242,800 sh (+82.66%)
Frank Sands 97,292 sh (+34.77%)
Ken Fisher 1,109,030 sh (+14.68%)
John Rogers 47,881 sh (+10.53%)
RS Investment Management 23,563 sh (+4.72%)
Pioneer Investments 5,400 sh (-12.21%)
» More
Q3 2015

BAP Guru Trades in Q3 2015

Jeremy Grantham 3,500 sh (New)
Jim Simons 380,600 sh (+56.75%)
Frank Sands 136,780 sh (+40.59%)
John Rogers 52,613 sh (+9.88%)
Ken Fisher 1,128,705 sh (+1.77%)
Sarah Ketterer 17,266 sh (unchged)
RS Investment Management Sold Out
Pioneer Investments 2,098 sh (-61.15%)
» More
Q4 2015

BAP Guru Trades in Q4 2015

Paul Tudor Jones 3,370 sh (New)
David Dreman 5 sh (New)
Frank Sands 184,261 sh (+34.71%)
Jeremy Grantham 4,400 sh (+25.71%)
Ken Fisher 1,165,791 sh (+3.29%)
Sarah Ketterer 17,266 sh (unchged)
Pioneer Investments 2,098 sh (unchged)
John Rogers 43,518 sh (-17.29%)
Jim Simons 126,700 sh (-66.71%)
» More
Q1 2016

BAP Guru Trades in Q1 2016

Ron Baron 52,381 sh (New)
RS Investment Management 27,802 sh (New)
Jeremy Grantham 9,900 sh (+125.00%)
Frank Sands 247,731 sh (+34.45%)
Ken Fisher 1,226,662 sh (+5.22%)
David Dreman 5 sh (unchged)
Pioneer Investments Sold Out
Jim Simons Sold Out
Paul Tudor Jones Sold Out
John Rogers Sold Out
Sarah Ketterer Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with BAP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Banks » Banks - Regional - Latin America
Compare:OTCPK:GBOOY, NYSE:BSMX, OTCPK:BDORY, OTCPK:GPFOY, NYSE:BCH, NYSE:BSAC, NYSE:AVAL, NYSE:CIB, NYSE:ITCB, NYSE:BMA, NAS:GGAL, NYSE:BFR, NYSE:BLX, NYSE:SUPV, NYSE:BSBR, NYSE:BBDO, NYSE:ITUB » details
Traded in other countries:D8V.Germany, BAP N.Mexico, BAP.Peru,
Credicorp Ltd through its banking and non-banking subsidiaries, provides financial and health services and products. It operates in four segments namely Banking, Insurance, Pension fund and Investment banking.

Credicorp Ltd was incorporated in Bermuda on October 20, 1995. The Company through its banking and non-banking subsidiaries, provides financial and health services and products mainly throughout Peru and in certain other countries. The Company operates in four segments namely Banking, Insurance, Pension fund and Investment banking. The Banking segment is engaged in handling loans, credit facilities, deposits and current accounts. The Insurance segment grants property, transportation, marine hull, automobile, life, health and pension fund underwriting insurance. Private hospitals operations are also included under this operating segment. It also provides health and wellness programs, primary and ambulatory services, and acute care services. Pension funds provide private pension fund management services to individuals. Investment banking provides brokerage and securities and investment management services to a diversified client base, including corporations, institutional investors, governments and endowment. It also includes the structuring and placement of primary market issuances and the execution and trading of secondary market transactions. In addition, it offers securitization structuring to corporate entities and manages mutual funds. The Company is subject to regulation and supervision in Peru, Bolivia, Colombia, Chile, the Cayman Islands, the United States of America, and Panama.

Guru Investment Theses on Credicorp Ltd

Baron Funds Comments on Credicorp Ltd. - Jun 01, 2016

We invest in Financials companies located overseas through our three international funds. In addition to our traditional investment criteria, we look for companies that are poised to benefit from secular or structural growth opportunities in their regional markets. For instance, we own Credicorp Ltd. (NYSE:BAP), the largest financial services company in Peru, with dominant positions in banking, insurance, and asset management. In addition to a high quality management team and a track record of delivering solid profitability, we think Credicorp stands to benefit from two major secular trends: an increase in banking penetration and favorable demographics. Peru is still vastly underserved in terms of financial services, with a loan/GDP ratio of roughly 27%, among the lowest in Latin America, implying significant room for banks to increase lending. In addition, a population with a young, but increasing, median age; a reduction in poverty levels; and a gradual formalization of the labor force will boost demand for financial services, in our view.



From Baron Funds' May 2016 Baron Insight: Investing in Financials.



Check out Ron Baron latest stock trades

Top Ranked Articles about Credicorp Ltd

Ken Fisher's Best Investments: Credicorp, Ambev, Tata Motors Fisher's holdings with the best price performance
Ken Fisher (Trades, Portfolio) is the CEO and CIO of Fisher Investments. He manages a portfolio composed of 687 stocks with total value of $50,773 million. During the first quarter 2016, the guru increased several stakes, and the following are the ones with the highest performance since that buy. Read more...
Baron Funds Comments on Credicorp Ltd. Guru stock highlight
We invest in Financials companies located overseas through our three international funds. In addition to our traditional investment criteria, we look for companies that are poised to benefit from secular or structural growth opportunities in their regional markets. For instance, we own Credicorp Ltd. (NYSE:BAP), the largest financial services company in Peru, with dominant positions in banking, insurance, and asset management. In addition to a high quality management team and a track record of delivering solid profitability, we think Credicorp stands to benefit from two major secular trends: an increase in banking penetration and favorable demographics. Peru is still vastly underserved in terms of financial services, with a loan/GDP ratio of roughly 27%, among the lowest in Latin America, implying significant room for banks to increase lending. In addition, a population with a young, but increasing, median age; a reduction in poverty levels; and a gradual formalization of the labor force will boost demand for financial services, in our view.
From Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 26.70
BAP's P/E(ttm) is ranked lower than
87% of the 1682 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 12.67 vs. BAP: 26.70 )
Ranked among companies with meaningful P/E(ttm) only.
BAP' s P/E(ttm) Range Over the Past 10 Years
Min: 7.14  Med: 17.08 Max: 27.36
Current: 26.7
7.14
27.36
Forward P/E 12.85
BAP's Forward P/E is ranked lower than
60% of the 443 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 12.61 vs. BAP: 12.85 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 26.70
BAP's PE(NRI) is ranked lower than
87% of the 1537 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 12.86 vs. BAP: 26.70 )
Ranked among companies with meaningful PE(NRI) only.
BAP' s PE(NRI) Range Over the Past 10 Years
Min: 7.14  Med: 17.08 Max: 27.36
Current: 26.7
7.14
27.36
P/B 3.01
BAP's P/B is ranked lower than
94% of the 1759 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.04 vs. BAP: 3.01 )
Ranked among companies with meaningful P/B only.
BAP' s P/B Range Over the Past 10 Years
Min: 1.71  Med: 3.11 Max: 5.12
Current: 3.01
1.71
5.12
P/S 3.43
BAP's P/S is ranked lower than
61% of the 1761 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 2.94 vs. BAP: 3.43 )
Ranked among companies with meaningful P/S only.
BAP' s P/S Range Over the Past 10 Years
Min: 1.76  Med: 3.55 Max: 6.02
Current: 3.43
1.76
6.02
EV-to-EBIT 7.75
BAP's EV-to-EBIT is ranked higher than
76% of the 1650 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 12.90 vs. BAP: 7.75 )
Ranked among companies with meaningful EV-to-EBIT only.
BAP' s EV-to-EBIT Range Over the Past 10 Years
Min: -0.3  Med: 9.00 Max: 19.1
Current: 7.75
-0.3
19.1
EV-to-EBITDA 7.00
BAP's EV-to-EBITDA is ranked higher than
76% of the 1649 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 12.75 vs. BAP: 7.00 )
Ranked among companies with meaningful EV-to-EBITDA only.
BAP' s EV-to-EBITDA Range Over the Past 10 Years
Min: -0.3  Med: 8.30 Max: 16.5
Current: 7
-0.3
16.5
PEG 2.06
BAP's PEG is ranked lower than
71% of the 731 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.13 vs. BAP: 2.06 )
Ranked among companies with meaningful PEG only.
BAP' s PEG Range Over the Past 10 Years
Min: 0.23  Med: 0.73 Max: 2.09
Current: 2.06
0.23
2.09
Shiller P/E 26.16
BAP's Shiller P/E is ranked lower than
78% of the 491 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 17.16 vs. BAP: 26.16 )
Ranked among companies with meaningful Shiller P/E only.
BAP' s Shiller P/E Range Over the Past 10 Years
Min: 14.16  Med: 27.98 Max: 47.69
Current: 26.16
14.16
47.69

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.44
BAP's Dividend Yield is ranked lower than
81% of the 2235 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 2.98 vs. BAP: 1.44 )
Ranked among companies with meaningful Dividend Yield only.
BAP' s Dividend Yield Range Over the Past 10 Years
Min: 0.97  Med: 1.66 Max: 3.82
Current: 1.44
0.97
3.82
Dividend Payout 0.18
BAP's Dividend Payout is ranked higher than
80% of the 1294 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.33 vs. BAP: 0.18 )
Ranked among companies with meaningful Dividend Payout only.
BAP' s Dividend Payout Range Over the Past 10 Years
Min: 0.69  Med: 1.08 Max: 9.53
Current: 0.18
0.69
9.53
Dividend Growth (3y) 4.10
BAP's Dividend Growth (3y) is ranked lower than
65% of the 733 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 8.40 vs. BAP: 4.10 )
Ranked among companies with meaningful Dividend Growth (3y) only.
BAP' s Dividend Growth (3y) Range Over the Past 10 Years
Min: -38  Med: 11.10 Max: 57.1
Current: 4.1
-38
57.1
Forward Dividend Yield 1.44
BAP's Forward Dividend Yield is ranked lower than
85% of the 2109 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 3.21 vs. BAP: 1.44 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 1.92
BAP's Yield on cost (5-Year) is ranked lower than
75% of the 2505 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 3.58 vs. BAP: 1.92 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
BAP' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 1.29  Med: 2.21 Max: 5.09
Current: 1.92
1.29
5.09

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 3.03
BAP's Price/Tangible Book is ranked lower than
93% of the 1747 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.12 vs. BAP: 3.03 )
Ranked among companies with meaningful Price/Tangible Book only.
BAP' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.64  Med: 2.37 Max: 5.52
Current: 3.03
0.64
5.52
Price/Projected FCF 7.72
BAP's Price/Projected FCF is ranked lower than
99.99% of the 973 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.67 vs. BAP: 7.72 )
Ranked among companies with meaningful Price/Projected FCF only.
BAP' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.51  Med: 2.26 Max: 7.93
Current: 7.72
0.51
7.93
Price/DCF (Earnings Based) 1.28
BAP's Price/DCF (Earnings Based) is ranked lower than
81% of the 113 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.73 vs. BAP: 1.28 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 0.97
BAP's Price/Median PS Value is ranked higher than
57% of the 1684 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.01 vs. BAP: 0.97 )
Ranked among companies with meaningful Price/Median PS Value only.
BAP' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.18  Med: 0.77 Max: 1.6
Current: 0.97
0.18
1.6
Price/Peter Lynch Fair Value 1.81
BAP's Price/Peter Lynch Fair Value is ranked lower than
83% of the 434 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.90 vs. BAP: 1.81 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
BAP' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.36  Med: 0.71 Max: 1.88
Current: 1.81
0.36
1.88
Price/Graham Number 1.91
BAP's Price/Graham Number is ranked lower than
93% of the 1552 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.84 vs. BAP: 1.91 )
Ranked among companies with meaningful Price/Graham Number only.
BAP' s Price/Graham Number Range Over the Past 10 Years
Min: 0.53  Med: 1.40 Max: 2.81
Current: 1.91
0.53
2.81
Earnings Yield (Greenblatt) (%) 12.85
BAP's Earnings Yield (Greenblatt) (%) is ranked higher than
78% of the 1803 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 7.20 vs. BAP: 12.85 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
BAP' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 5.2  Med: 11.10 Max: 3126.2
Current: 12.85
5.2
3126.2
Forward Rate of Return (Yacktman) (%) 14.94
BAP's Forward Rate of Return (Yacktman) (%) is ranked higher than
55% of the 844 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 13.22 vs. BAP: 14.94 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
BAP' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 10.4  Med: 22.50 Max: 42.8
Current: 14.94
10.4
42.8

More Statistics

Revenue (TTM) (Mil) $3,864
EPS (TTM) $ 5.92
Beta0.80
Short Percentage of Float1.06%
52-Week Range $81.78 - 163.15
Shares Outstanding (Mil)94.38

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 3,698 4,289 4,695
EPS ($) 3.74 4.28 4.83
EPS w/o NRI ($) 3.74 4.28 4.83
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($) 3.16 5.10 5.96

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)