(BAP) Credicorp - Ratings and Ratios
Banking, Insurance, Microfinance, Investment
Dividends
| Dividend Yield | 3.90% |
| Yield on Cost 5y | 7.77% |
| Yield CAGR 5y | -18.73% |
| Payout Consistency | 82.2% |
| Payout Ratio | 48.4% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 24.2% |
| Value at Risk 5%th | 38.2% |
| Relative Tail Risk | -4.12% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.73 |
| Alpha | 45.97 |
| CAGR/Max DD | 1.21 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.525 |
| Beta | 0.579 |
| Beta Downside | 0.765 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.54% |
| Mean DD | 6.29% |
| Median DD | 5.18% |
Description: BAP Credicorp October 16, 2025
Credicorp Ltd. (NYSE:BAP) is Peru’s leading diversified financial holding, operating four core segments: Universal Banking, which delivers credit, deposits and current-account services to individuals and corporations; Insurance & Pensions, providing property, transport, marine, auto, life, health policies and private-pension fund administration; Microfinance, focused on loans and deposits for small-business and micro-enterprise clients; and Investment Management & Advisory, offering brokerage, capital-market execution, securitization and mutual-fund management for institutional investors.
In its most recent reporting (Q2 2024), Credicorp posted a return on equity of roughly 15 % and a net profit increase of 8 % year-over-year, driven largely by a 6 % expansion of its loan portfolio and continued low non-performing loan ratios (<2 %) in the microfinance arm, Mibanco. The bank’s credit-to-deposit ratio held at a conservative 78 %, reflecting prudent balance-sheet management amid a modest rise in Peru’s policy rate to 7.5 %.
Key macro drivers include Peru’s GDP growth of about 2 % in 2023 and a gradual slowdown in inflation to the low-single-digit range, which supports consumer credit demand while keeping funding costs in check. Regionally, the diversified-bank sub-industry remains sensitive to commodity price cycles and political stability, factors that can materially affect loan-growth outlooks and asset-quality trends across Latin America.
For a deeper, data-driven view of Credicorp’s valuation and risk profile, the ValueRay platform offers a concise, quantitative snapshot worth exploring.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (6.47b TTM) > 0 and > 6% of Revenue (6% = 1.47b TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA 0.22pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -360.0% (prev -309.4%; Δ -50.54pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.02 (>3.0%) and CFO 4.86b <= Net Income 6.47b (YES >=105%, WARN >=100%) |
| Net Debt (-9.47b) to EBITDA (8.42b) ratio: -1.12 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.48 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (79.5m) change vs 12m ago 0.02% (target <= -2.0% for YES) |
| Gross Margin 79.82% (prev 71.81%; Δ 8.01pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 9.73% (prev 10.15%; Δ -0.42pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.63 (EBITDA TTM 8.42b / Interest Expense TTM 4.79b) >= 6 (WARN >= 3) |
Altman Z'' -1.44
| (A) -0.35 = (Total Current Assets 81.11b - Total Current Liabilities 169.54b) / Total Assets 255.30b |
| (B) 0.14 = Retained Earnings (Balance) 34.96b / Total Assets 255.30b |
| (C) 0.03 = EBIT TTM 7.79b / Avg Total Assets 252.53b |
| (D) 0.17 = Book Value of Equity 36.63b / Total Liabilities 218.04b |
| Total Rating: -1.44 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 69.99
| 1. Piotroski 4.0pt |
| 2. FCF Yield 20.41% |
| 3. FCF Margin 18.53% |
| 4. Debt/Equity 0.92 |
| 5. Debt/Ebitda -1.12 |
| 6. ROIC - WACC (= 3.13)% |
| 7. RoE 18.31% |
| 8. Rev. Trend 63.06% |
| 9. EPS Trend -68.13% |
What is the price of BAP shares?
Over the past week, the price has changed by +3.76%, over one month by +7.62%, over three months by +6.19% and over the past year by +54.67%.
Is BAP a buy, sell or hold?
- Strong Buy: 7
- Buy: 3
- Hold: 2
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the BAP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 292 | 3.4% |
| Analysts Target Price | 292 | 3.4% |
| ValueRay Target Price | 376.9 | 33.4% |
BAP Fundamental Data Overview December 03, 2025
P/E Trailing = 10.7414
P/E Forward = 9.6154
P/S = 1.0141
P/B = 1.8955
P/EG = 1.16
Beta = 0.872
Revenue TTM = 24.57b PEN
EBIT TTM = 7.79b PEN
EBITDA TTM = 8.42b PEN
Long Term Debt = 23.45b PEN (from longTermDebt, last quarter)
Short Term Debt = 10.18b PEN (from shortTermDebt, last quarter)
Debt = 33.63b PEN (from shortLongTermDebtTotal, last quarter)
Net Debt = -9.47b PEN (from netDebt column, last quarter)
Enterprise Value = 22.31b PEN (69.79b + Debt 33.63b - CCE 81.11b)
Interest Coverage Ratio = 1.63 (Ebit TTM 7.79b / Interest Expense TTM 4.79b)
FCF Yield = 20.41% (FCF TTM 4.55b / Enterprise Value 22.31b)
FCF Margin = 18.53% (FCF TTM 4.55b / Revenue TTM 24.57b)
Net Margin = 26.32% (Net Income TTM 6.47b / Revenue TTM 24.57b)
Gross Margin = 79.82% ((Revenue TTM 24.57b - Cost of Revenue TTM 4.96b) / Revenue TTM)
Gross Margin QoQ = 77.88% (prev 74.63%)
Tobins Q-Ratio = 0.09 (Enterprise Value 22.31b / Total Assets 255.30b)
Interest Expense / Debt = 2.31% (Interest Expense 776.2m / Debt 33.63b)
Taxrate = 29.05% (728.3m / 2.51b)
NOPAT = 5.52b (EBIT 7.79b * (1 - 29.05%))
Current Ratio = 0.48 (Total Current Assets 81.11b / Total Current Liabilities 169.54b)
Debt / Equity = 0.92 (Debt 33.63b / totalStockholderEquity, last quarter 36.56b)
Debt / EBITDA = -1.12 (Net Debt -9.47b / EBITDA 8.42b)
Debt / FCF = -2.08 (Net Debt -9.47b / FCF TTM 4.55b)
Total Stockholder Equity = 35.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.53% (Net Income 6.47b / Total Assets 255.30b)
RoE = 18.31% (Net Income TTM 6.47b / Total Stockholder Equity 35.30b)
RoCE = 13.25% (EBIT 7.79b / Capital Employed (Equity 35.30b + L.T.Debt 23.45b))
RoIC = 9.16% (NOPAT 5.52b / Invested Capital 60.31b)
WACC = 6.03% (E(69.79b)/V(103.42b) * Re(8.15%) + D(33.63b)/V(103.42b) * Rd(2.31%) * (1-Tc(0.29)))
Discount Rate = 8.15% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.01%
[DCF Debug] Terminal Value 70.00% ; FCFE base≈4.29b ; Y1≈2.82b ; Y5≈1.29b
Fair Price DCF = 313.4 (DCF Value 24.88b / Shares Outstanding 79.4m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -68.13 | EPS CAGR: -17.48% | SUE: 0.17 | # QB: 0
Revenue Correlation: 63.06 | Revenue CAGR: 8.82% | SUE: 0.50 | # QB: 0
EPS next Quarter (2026-03-31): EPS=6.88 | Chg30d=+0.311 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=27.73 | Chg30d=+0.966 | Revisions Net=+5 | Growth EPS=+10.0% | Growth Revenue=+9.1%
Additional Sources for BAP Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle