Download PDF

1. Company Snapshot

1.a. Company Description

KBC Ancora SCA holds participating interest in KBC Group SA.The company was formerly known as Almancora SCA and changed its name to KBC Ancora SCA in June 2007.KBC Ancora SCA was incorporated in 1998 and is based in Leuven, Belgium.


KBC Ancora SCA operates as a subsidiary of Cera S.C.R.L.

Show Full description

1.b. Last Insights on KBCA

KBC Ancora's recent performance was driven by a significant interim dividend distribution of EUR 3.51 per share, payable on June 5, 2025. This payout reflects the company's robust financial position and commitment to returning value to shareholders. Additionally, the absence of a final dividend suggests a focus on maintaining a healthy balance sheet. Furthermore, the company's recent announcement of its total number of voting rights as at May 31, 2025, indicates a stable shareholder base.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

3. NewsRoom

Card image cap

Is It Too Late To Consider KBC Ancora After Its 37.5% 2025 Surge?

Dec -04

Card image cap

Announcement of the total number of voting rights as at 30 November 2025

Dec -01

Card image cap

Announcement of the total number of voting rights as at 31 October 2025

Nov -03

Card image cap

Announcement of the total number of voting rights as at 30 September 2025

Oct -01

Card image cap

Convocation of the Ordinary General Meeting of Shareholders and publication of the Annual Report

Sep -30

Card image cap

Assessing KBC Ancora’s Valuation After Strong Five Year Price Growth in 2025

Sep -15

Card image cap

KBC Ancora closes financial year 2024/2025 with a profit of EUR 315.4 million

Aug -29

Card image cap

Announcement of the total number of voting rights as at 31 May 2025

Jun -02

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (0.00%)

6. Segments

Investment and Related Activities

Expected Growth: 5.5%

KBC Ancora SCA's investment and treasury activities are poised for growth driven by increasing demand for investment services, expanding financial markets, and strategic asset allocation. The company's diversified portfolio and risk management expertise will optimize returns, fueling a 5.5% CAGR.

7. Detailed Products

Life Insurance

KBC Ancora SCA offers a range of life insurance products that provide financial protection to individuals and their loved ones in the event of death or terminal illness.

Non-Life Insurance

KBC Ancora SCA provides non-life insurance products that cover risks such as accidents, damage to property, and liability.

Banking Services

KBC Ancora SCA offers a range of banking services, including current and savings accounts, credit cards, and loans.

Investment Products

KBC Ancora SCA provides a range of investment products, including mutual funds, exchange-traded funds, and structured products.

Pension and Savings Plans

KBC Ancora SCA offers pension and savings plans that help individuals and businesses plan for their long-term financial goals.

Wealth Management

KBC Ancora SCA provides wealth management services, including portfolio management and investment advice.

8. KBC Ancora SCA's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for KBC Ancora SCA is moderate, as there are alternative investment options available to clients, but the company's diversified portfolio and strong brand reputation help to mitigate this threat.

Bargaining Power Of Customers

The bargaining power of customers is relatively low, as KBC Ancora SCA's clients are primarily institutional investors and high net worth individuals who have limited negotiating power.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate, as KBC Ancora SCA relies on a diverse range of suppliers for its investment products and services, but the company's scale and reputation help to maintain a balance of power.

Threat Of New Entrants

The threat of new entrants is relatively low, as KBC Ancora SCA operates in a highly regulated industry with significant barriers to entry, including capital requirements and regulatory hurdles.

Intensity Of Rivalry

The intensity of rivalry is high, as KBC Ancora SCA operates in a highly competitive industry with many established players, and the company must continually innovate and differentiate itself to maintain market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 4.80%
Debt Cost 5.22%
Equity Weight 95.20%
Equity Cost 10.48%
WACC 10.23%
Leverage 5.04%

11. Quality Control: KBC Ancora SCA passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
KBC Ancora

A-Score: 7.4/10

Value: 4.2

Growth: 4.8

Quality: 8.6

Yield: 9.4

Momentum: 8.5

Volatility: 9.0

1-Year Total Return ->

Stock-Card
MandG

A-Score: 6.7/10

Value: 7.5

Growth: 1.8

Quality: 4.2

Yield: 10.0

Momentum: 7.5

Volatility: 9.0

1-Year Total Return ->

Stock-Card
DWS

A-Score: 6.5/10

Value: 4.7

Growth: 3.8

Quality: 7.8

Yield: 8.1

Momentum: 8.5

Volatility: 6.0

1-Year Total Return ->

Stock-Card
Amundi

A-Score: 6.2/10

Value: 5.5

Growth: 5.0

Quality: 5.3

Yield: 9.4

Momentum: 5.0

Volatility: 7.3

1-Year Total Return ->

Stock-Card
Janus Henderson

A-Score: 6.1/10

Value: 5.4

Growth: 4.2

Quality: 8.5

Yield: 7.5

Momentum: 6.0

Volatility: 5.0

1-Year Total Return ->

Stock-Card
Industrivärden

A-Score: 5.7/10

Value: 4.3

Growth: 4.1

Quality: 7.4

Yield: 3.8

Momentum: 5.0

Volatility: 9.7

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

71.7$

Current Price

71.7$

Potential

-0.00%

Expected Cash-Flows