XNYSBMA
Market cap745mUSD
Dec 20, Last price
96.70USD
1D
1.53%
1Q
30.57%
Jan 2017
50.27%
IPO
319.52%
Name
Banco Macro SA
Chart & Performance
Profile
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. As of December 31, 2021, it operated through a network of 466 branches, 1,779 ATMs, 955 self-service terminals, and various service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
Valuation
Title ARS 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 | 3,150,385 -99.80% | 1,549,284,308 315.91% | 372,501,994 -6.56% | |||||||
Cost of revenue | (2,825,164,023) | 287,614,010 | 26,743,801 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,828,314,408 | 1,261,670,298 | 345,758,193 | |||||||
NOPBT Margin | 89,776.77% | 81.44% | 92.82% | |||||||
Operating Taxes | 315,474 | 60,581,675 | 2,310,310 | |||||||
Tax Rate | 0.01% | 4.80% | 0.67% | |||||||
NOPAT | 2,827,998,935 | 1,201,088,623 | 343,447,883 | |||||||
Net income | 587,304,104 362.63% | 126,950,267 184.93% | 44,554,136 -42.06% | |||||||
Dividends | (27,761,341) | |||||||||
Dividend yield | 2,644.15% | |||||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 10,429,866 | 6,104,768 | ||||||||
Long-term debt | 453,530 | 229,801,393 | 80,891,449 | |||||||
Deferred revenue | 214,378,629 | 74,055,345 | ||||||||
Other long-term liabilities | 1,907,364,973 | (228,631,401) | (79,989,875) | |||||||
Net debt | (3,840,320) | (1,649,373,426) | (309,510,745) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (85,229,087) | 1,150,263,392 | 377,246,812 | |||||||
CAPEX | (57,073,159) | (75,754,316) | (13,426,063) | |||||||
Cash from investing activities | (951,692,018) | (75,766,209) | (13,495,513) | |||||||
Cash from financing activities | (56,912) | 384,199,857 | (306,880,951) | |||||||
FCF | 3,035,434,204 | 1,164,073,090 | 334,079,632 | |||||||
Balance | ||||||||||
Cash | 1,670,326 | 1,888,379,297 | 395,996,605 | |||||||
Long term investments | 2,623,524 | 1,225,388 | 510,357 | |||||||
Excess cash | 4,136,331 | 1,812,140,470 | 377,881,862 | |||||||
Stockholders' equity | 1,636,281 | 1,319,791,125 | 405,473,635 | |||||||
Invested Capital | (2,221,792,746) | 812,955,557 | 609,344,983 | |||||||
ROIC | 168.89% | 61.77% | ||||||||
ROCE | 19.67% | 18.20% | ||||||||
EV | ||||||||||
Common stock shares outstanding | 63,941 | 639,413 | 639,413 | |||||||
Price | 2.87 74.79% | 1.64 17.12% | 1.40 -9.96% | |||||||
Market cap | 183,512 -82.52% | 1,049,916 17.12% | 896,457 -9.96% | |||||||
EV | (3,656,288) | (1,648,059,775) | (308,540,500) | |||||||
EBITDA | 2,885,826,609 | 1,309,155,691 | 359,638,582 | |||||||
EV/EBITDA | ||||||||||
Interest | 1,822,269 | 307,140,282 | 183,872,424 | |||||||
Interest/NOPBT | 0.06% | 24.34% | 53.18% |