OTCMGBOOY
Market cap19bUSD
Dec 20, Last price
35.10USD
1D
8.23%
1Q
0.37%
Jan 2017
41.19%
Name
Grupo Financiero Banorte SAB de CV
Chart & Performance
Profile
Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. The company offers payroll accounts and credit cards; car, mortgage, payroll, and personal credit banorte; and savings and investment products. It also provides insurance products, including life, home, auto, health, savings, credit card, mobile equipment, and mortgage credit insurance; foreign exchange services; and online and mobile banking services. The company operates through a network of approximately 1,151 branches, 9,668 ATMs, and 154,443 point of sale terminals. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is based in Mexico City, Mexico.
Valuation
Title MXN in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 196,701,000 9.56% | 179,544,000 11.54% | 160,966,000 12.05% | |||||||
Cost of revenue | 11,524,000 | 10,829,000 | 12,193,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 185,177,000 | 168,715,000 | 148,773,000 | |||||||
NOPBT Margin | 94.14% | 93.97% | 92.43% | |||||||
Operating Taxes | 17,832,000 | 15,963,000 | 10,556,000 | |||||||
Tax Rate | 9.63% | 9.46% | 7.10% | |||||||
NOPAT | 167,345,000 | 152,752,000 | 138,217,000 | |||||||
Net income | 52,418,000 15.44% | 45,408,000 29.56% | 35,048,000 14.88% | |||||||
Dividends | (37,704,000) | (34,283,000) | (16,759,000) | |||||||
Dividend yield | 7.70% | 8.48% | 4.37% | |||||||
Proceeds from repurchase of equity | (3,988,000) | (5,810,000) | ||||||||
BB yield | 0.81% | 1.44% | ||||||||
Debt | ||||||||||
Debt current | ||||||||||
Long-term debt | 125,455,000 | 140,503,000 | ||||||||
Deferred revenue | ||||||||||
Other long-term liabilities | (125,455,000) | (140,503,000) | ||||||||
Net debt | (591,670,000) | (409,086,000) | (340,048,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 51,912,000 | 76,605,000 | 11,134,000 | |||||||
CAPEX | (9,064,000) | (11,791,000) | (4,523,000) | |||||||
Cash from investing activities | (4,264,000) | (9,926,000) | (1,182,000) | |||||||
Cash from financing activities | (55,523,000) | (57,212,000) | (20,448,000) | |||||||
FCF | 154,174,000 | 131,056,000 | 158,475,000 | |||||||
Balance | ||||||||||
Cash | 100,230,000 | 108,254,000 | 98,842,000 | |||||||
Long term investments | 491,440,000 | 426,287,000 | 381,709,000 | |||||||
Excess cash | 581,834,950 | 525,563,800 | 472,502,700 | |||||||
Stockholders' equity | 170,768,000 | 163,162,000 | 183,087,000 | |||||||
Invested Capital | 2,104,091,000 | 1,900,139,000 | 1,666,178,000 | |||||||
ROIC | 8.36% | 8.57% | 8.42% | |||||||
ROCE | 8.14% | 8.18% | 8.04% | |||||||
EV | ||||||||||
Common stock shares outstanding | 2,862,677 | 2,883,457 | 2,883,457 | |||||||
Price | 171.10 22.01% | 140.24 5.43% | 133.02 21.00% | |||||||
Market cap | 489,804,040 21.13% | 404,375,953 5.43% | 383,557,396 21.00% | |||||||
EV | (102,013,960) | (1,721,047) | 46,515,396 | |||||||
EBITDA | 189,662,000 | 173,083,000 | 151,363,000 | |||||||
EV/EBITDA | 0.31 | |||||||||
Interest | 248,015,000 | 152,469,000 | 40,772,000 | |||||||
Interest/NOPBT | 133.93% | 90.37% | 27.41% |