(COFA) Coface - Overview
Sector: Financial Services | Industry: Insurance - Reinsurance | Exchange: PA (France) | Market Cap: 2.469m EUR | Total Return: 3.1% in 12m
Credit Insurance, Business Information, Debt Collection, Factoring, Surety Bonds
Total Rating 38
Safety 23
Buy Signal -0.37
Insurance - Reinsurance
Industry Rotation: +5.2
Industry Rotation: +5.2
Market Cap:
2.87B
Avg Turnover: 3.31M
Avg Turnover: 3.31M
Risk 3d forecast
Volatility19.4%
VaR 5th Pctl3.31%
VaR vs Median3.66%
Reward TTM
Sharpe Ratio-0.16
Rel. Str. IBD41.8
Rel. Str. Peer Group60.2
Character TTM
Beta0.158
Beta Downside-0.098
Hurst Exponent0.582
Drawdowns 3y
Max DD19.62%
CAGR/Max DD0.75
CAGR/Mean DD2.41
EPS (Earnings per Share)
EPS CAGR: -9.31%
EPS Trend: -44.9%
EPS Trend: -44.9%
Qual. Beats: 0
Revenue
Rev. CAGR: 4.42%
Rev. Trend: 47.0%
Rev. Trend: 47.0%
Last SUE: 0.07
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: COFA Coface
Coface SA is a global provider of trade credit insurance and risk management services, headquartered in France. The company specializes in protecting businesses against the risk of non-payment by domestic and export customers. Beyond its core insurance offerings, Coface provides debt collection, factoring, and surety bonds, supported by a suite of digital risk assessment tools such as CofaNet and Urba360.
The trade credit insurance sector operates as a pro-cyclical industry, where demand often increases during economic volatility while loss ratios are sensitive to global insolvency trends. Coface’s business model relies heavily on its proprietary database, which tracks the financial health of millions of companies worldwide to assign credit scores and recommended coverage limits. Its geographic footprint spans Western Europe, North America, and the Asia-Pacific, diversifying its exposure across multiple regulatory environments.
Investors can further examine these risk metrics and financial trends on ValueRay. Coface remains a key player in the global credit ecosystem, serving a client base that ranges from small enterprises to multinational corporations.
- Global insolvency rates and corporate default trends drive claims ratio volatility
- Net investment income fluctuates with European Central Bank interest rate policy
- Expansion of business information services diversifies revenue beyond credit insurance
- Premium growth correlates with global trade volumes and international B2B activity
- Capital management strategy and dividend payout ratios influence shareholder total returns
Piotroski VR‑10 (Strict)
4.0
| Net Income: 213.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.47 > 1.0 |
| NWC/Revenue: -50.70% < 20% (prev 280.3%; Δ -330.9% < -1%) |
| CFO/TA 0.02 > 3% & CFO 175.7m > Net Income 213.5m |
| Net Debt (2.02b) to EBITDA (357.2m): 5.64 < 3 |
| Current Ratio: 0.49 > 1.5 & < 3 |
| Outstanding Shares: last quarter (150.2m) vs 12m ago 0.52% < -2% |
| Gross Margin: 94.65% > 18% (prev 0.89%; Δ 9.38k% > 0.5%) |
| Asset Turnover: 21.37% > 50% (prev 20.68%; Δ 0.68% > 0%) |
| Interest Coverage Ratio: 7.97 > 6 (EBITDA TTM 357.2m / Interest Expense TTM 40.6m) |
Altman Z''
0.33
| A: -0.11 (Total Current Assets 858.7m - Total Current Liabilities 1.77b) / Total Assets 8.49b |
| B: 0.16 (Retained Earnings 1.34b / Total Assets 8.49b) |
| C: 0.04 (EBIT TTM 324.0m / Avg Total Assets 8.40b) |
| D: 0.25 (Book Value of Equity 1.56b / Total Liabilities 6.24b) |
| Altman-Z'' Score: 0.33 = B |
Beneish M
-1.31
| DSRI: 0.10 (Receivables 385.9m/3.63b, Revenue 1.79b/1.72b) |
| GMI: 0.94 (GM 94.65% / 88.63%) |
| AQI: 5.17 (AQ_t 0.89 / AQ_t-1 0.17) |
| SGI: 1.05 (Revenue 1.79b / 1.72b) |
| TATA: 0.00 (NI 213.5m - CFO 175.7m) / TA 8.49b) |
| Beneish M-Score: -1.31 (Cap -4..+1) = D |
What is the price of COFA shares?
As of May 19, 2026, the stock is trading at EUR 16.45 with a total of 251,966 shares traded.
Over the past week, the price has changed by +3.07%, over one month by +1.98%, over three months by +0.92% and over the past year by +3.13%.
Over the past week, the price has changed by +3.07%, over one month by +1.98%, over three months by +0.92% and over the past year by +3.13%.
Is COFA a buy, sell or hold?
Coface has no consensus analysts rating.
What are the forecasts/targets for the COFA price?
| Analysts Target Price | - | - |
Coface (COFA) - Fundamental Data Overview
as of 18 May 2026
Market Cap USD = 2.87b (2.47b EUR * 1.1626 EUR.USD)P/E Trailing = 11.5524
P/E Forward = 8.6356
P/S = 1.2806
P/B = 1.08
Revenue TTM = 1.79b EUR
EBIT TTM = 324.0m EUR
EBITDA TTM = 357.2m EUR
Long Term Debt = 3.17b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 1.59m EUR (from shortTermDebt, last quarter)
Debt = 3.17b EUR (corrected: LT Debt 3.17b + ST Debt 1.59m)
Net Debt = 2.02b EUR (from netDebt column, last quarter)
Enterprise Value = 5.16b EUR (2.47b + Debt 3.17b - CCE 472.8m)
Interest Coverage Ratio = 7.97 (Ebit TTM 324.0m / Interest Expense TTM 40.6m)
EV/FCF = 37.45x (Enterprise Value 5.16b / FCF TTM 137.9m)
FCF Yield = 2.67% (FCF TTM 137.9m / Enterprise Value 5.16b)
FCF Margin = 7.69% (FCF TTM 137.9m / Revenue TTM 1.79b)
Net Margin = 11.90% (Net Income TTM 213.5m / Revenue TTM 1.79b)
Gross Margin = 94.65% ((Revenue TTM 1.79b - Cost of Revenue TTM 96.0m) / Revenue TTM)
Gross Margin QoQ = none% (prev 88.76%)
Tobins Q-Ratio = 0.61 (Enterprise Value 5.16b / Total Assets 8.49b)
Interest Expense / Debt = 0.32% (Interest Expense 10.1m / Debt 3.17b)
Taxrate = 25.90% (18.8m / 72.7m)
NOPAT = 240.1m (EBIT 324.0m * (1 - 25.90%))
Current Ratio = 0.49 (Total Current Assets 858.7m / Total Current Liabilities 1.77b)
Debt / Equity = 1.41 (Debt 3.17b / totalStockholderEquity, last quarter 2.25b)
Debt / EBITDA = 5.64 (Net Debt 2.02b / EBITDA 357.2m)
Debt / FCF = 14.62 (Net Debt 2.02b / FCF TTM 137.9m)
Total Stockholder Equity = 2.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.54% (Net Income 213.5m / Total Assets 8.49b)
RoE = 9.80% (Net Income TTM 213.5m / Total Stockholder Equity 2.18b)
RoCE = 6.06% (EBIT 324.0m / Capital Employed (Equity 2.18b + L.T.Debt 3.17b))
RoIC = 5.77% (NOPAT 240.1m / Invested Capital 4.16b)
WACC = 3.00% (E(2.47b)/V(5.64b) * Re(6.54%) + D(3.17b)/V(5.64b) * Rd(0.32%) * (1-Tc(0.26)))
Discount Rate = 6.54% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: 55.21 | Cagr: 0.35%
[DCF] Terminal Value 82.15% ; FCFF base≈152.2m ; Y1≈108.6m ; Y5≈58.6m
[DCF] Fair Price = N/A (negative equity: EV 1.83b - Net Debt 2.02b = -185.1m; debt exceeds intrinsic value)
EPS Correlation: -44.89 | EPS CAGR: -9.31% | SUE: N/A | # QB: 0
Revenue Correlation: 46.97 | Revenue CAGR: 4.42% | SUE: 0.07 | # QB: 0
EPS current Year (2026-12-31): EPS=1.49 | Chg30d=-1.36% | Revisions=-50% | GrowthEPS=+0.0% | GrowthRev=+2.8%
EPS next Year (2027-12-31): EPS=1.62 | Chg30d=-1.13% | Revisions=-50% | GrowthEPS=+8.9% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: -50%