Last update: earnings as of Dec 2023
Enter your own assumptions and estimate the value of Grupo Security using the sum of the parts (SOTP) methodology. An English version will be made available shortly.
Enter your own assumptions and estimate the value of Grupo Security using the sum of the parts (SOTP) methodology. An English version will be made available shortly.
We share with our investors a valuation calculator for Grupo Security. This calculator consists of a sum of the parts (SOTP) model in which the user enters their assumptions of activity, business indicators and discount rates, among others, to obtain an estimate of the value of the company's shares.
The sum of the parts (SOTP) model has the following steps:
(1) Estimate the value of the equity of the different business units of Grupo Security**
(2) Add available cash and equivalents of the parent company
(3) Subtract the parent company's financial obligations
(4) Subtract the present value of corporate expenses
The use of this calculator requires enabling macros in Excel.
* No information provided by Security in the model constitutes a projection of future data or results. As noted above, any future assumptions are based solely on historical performance averages of Security and its affiliates and are included solely to facilitate the user's use of the model. Neither Security nor any of its affiliates or subsidiaries make any guarantees regarding future profitability, whether based on historical data and assumptions included by Security, or on data and projections incorporated by the user. ** Banco Security and Factoring Security are estimated using the Discounted Dividend Methodology (DDM). Vida Security, Protecta Security, Inmobiliaria Security, Travel Security and the rest of the subsidiaries are valued with a price-to-book ratio.