BMA:NYE-Banco Macro S.A (USD)

COMMON STOCK | Banks-Regional | NYE

Last Closing Price

USD 13.36

Change

-0.53 (-3.82)%

Market Cap

USD 0.89B

Volume

0.32M

Average Target Price

N/A
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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; 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 collection services, payments to suppliers, payroll services, and foreign exchange transactions; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. As of December 31, 2019, it operated through a network of 463 branches, 1,542 ATMs, 955 self-service terminals, and service points. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-22 )

Largest Industry Peers for Banks-Regional

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HDB HDFC Bank Limited

+0.81 (+1.10%)

USD109.64B 141.91 N/A
USB-PH U.S. Bancorp

+0.05 (+0.21%)

USD99.75B 7.92 N/A
USB-PP U.S. Bancorp

-0.03 (-0.11%)

USD86.40B 9.00 N/A
USB-PO U.S. Bancorp

N/A

USD81.31B 8.27 N/A
USB-PM U.S. Bancorp

+0.07 (+0.26%)

USD79.91B 8.65 N/A
USB U.S. Bancorp

+0.19 (+0.42%)

USD68.80B 14.92 N/A
PNC The PNC Financial Services Gro..

-1.12 (-0.73%)

USD65.16B 9.06 N/A
PNC-PQ The PNC Financial Services Gro..

N/A

USD58.78B 2.14 N/A
IBN ICICI Bank Limited

-0.35 (-2.28%)

USD51.98B 44.02 N/A
ITUB Itaú Unibanco Holding S.A

-0.18 (-3.23%)

USD51.76B 8.72 N/A

ETFs Containing BMA

Symbol Name Weight Mer Price(Change) Market Cap
ARGT Global X MSCI Argentina E.. 0.00 % 0.60 %

-0.01 (-0.03%)

USD0.05B
FRN Invesco Frontier Markets .. 0.00 % 0.70 %

N/A

USD0.06B
HGI Invesco Zacks Intl Mlt-As.. 0.00 % 0.98 %

N/A

USD9.44M
DOGS Arrow Dogs of the World E.. 0.00 % 1.34 %

N/A

USD3.37M

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Regional)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -14.19% 2% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -14.19% 1% F 1% F
Trailing 12 Months  
Capital Gain -55.89% 2% F 3% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -55.89% 2% F 3% F
Trailing 5 Years  
Capital Gain -77.42% 2% F 3% F
Dividend Return 10.50% 17% F 28% F
Total Return -66.92% 2% F 4% F
Average Annual (5 Year Horizon)  
Capital Gain -17.43% 2% F 7% F
Dividend Return 2.09% 59% F 53% F
Total Return -15.34% 2% F 7% F
Risk Return Profile  
Volatility (Standard Deviation) 42.18% 7% F 11% F
Risk Adjusted Return -36.37% 12% F 16% F
Market Capitalization 0.89B 22% F 50% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Regional)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 1.95 98% A+ 97% A+
Price/Book Ratio 0.57 88% B+ 93% A
Price / Cash Flow Ratio -0.04 88% B+ 86% B
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 42.76% 100% A+ 96% A
Return on Invested Capital 33.04% 98% A+ 96% A
Return on Assets 7.93% 100% A+ 92% A-
Debt to Equity Ratio 30.60% 56% F 73% C
Technical Ratios  
Short Ratio 0.84 92% A- 70% C-
Short Percent N/A N/A N/A N/A N/A
Beta 1.75 12% F 18% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.