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Argentinian (MERVAL) Financials Sector Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies10
  • 7D3.3%
  • 3M18.5%
  • 1Y321.7%
  • YTD129.0%

In the last week, the Financials industry is up 3.3%, with Banco Patagonia up 29%. This takes the industry's 12 month performance to a gain of 322%. Earnings are forecast to grow by 22% annually.

Sector Valuation and Performance

Has the Argentinian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024AR$17.4tAR$12.7tAR$1.8t15.5x9.7x1.4x
Sun, 23 Jun 2024AR$19.6tAR$12.7tAR$1.8t16.7x11x1.5x
Tue, 21 May 2024AR$17.9tAR$10.2tAR$1.3t17.3x13.3x1.7x
Thu, 18 Apr 2024AR$13.0tAR$10.1tAR$1.4t10.5x9.2x1.3x
Sat, 16 Mar 2024AR$11.0tAR$9.5tAR$1.4t10.8x8x1.1x
Mon, 12 Feb 2024AR$10.0tAR$3.2tAR$391.5b28.8x25.6x3.1x
Wed, 10 Jan 2024AR$8.0tAR$3.2tAR$376.1b23.6x21.2x2.5x
Fri, 08 Dec 2023AR$6.9tAR$3.7tAR$401.7b18.9x17.3x1.9x
Sun, 05 Nov 2023AR$4.6tAR$2.6tAR$304.0b14.9x15.1x1.8x
Tue, 03 Oct 2023AR$4.1tAR$2.6tAR$305.6b14.1x13.5x1.6x
Thu, 31 Aug 2023AR$5.6tAR$2.6tAR$301.4b19.6x18.7x2.2x
Sat, 29 Jul 2023AR$3.8tAR$2.2tAR$195.3b24.8x19.4x1.7x
Mon, 26 Jun 2023AR$3.6tAR$2.2tAR$195.1b21.8x18.3x1.7x
Wed, 24 May 2023AR$2.5tAR$2.0tAR$172.2b15.1x14.6x1.2x
Fri, 21 Apr 2023AR$2.3tAR$2.0tAR$177.0b13.4x13.1x1.1x
Sun, 19 Mar 2023AR$1.9tAR$1.9tAR$164.1b12.1x11.7x1x
Tue, 14 Feb 2023AR$2.2tAR$1.1tAR$82.5b22.9x26.9x2.1x
Thu, 12 Jan 2023AR$1.9tAR$1.1tAR$88.2b18.1x21.5x1.7x
Sat, 10 Dec 2022AR$1.3tAR$1.1tAR$88.2b11.3x15x1.2x
Mon, 07 Nov 2022AR$1.2tAR$920.0bAR$85.1b11x14.3x1.3x
Wed, 05 Oct 2022AR$1.3tAR$920.0bAR$85.1b11.5x14.8x1.4x
Fri, 02 Sep 2022AR$1.2tAR$925.3bAR$83.6b11.1x14.1x1.3x
Sun, 31 Jul 2022AR$1.1tAR$853.6bAR$88.3b9.5x12.6x1.3x
Tue, 28 Jun 2022AR$805.7bAR$853.6bAR$88.4b7.4x9.1x0.9x
Thu, 26 May 2022AR$1.1tAR$1.0tAR$93.0b8.9x11.4x1x
Sat, 23 Apr 2022AR$1.0tAR$1.0tAR$93.3b8.6x11x1x
Mon, 21 Mar 2022AR$1.1tAR$910.1bAR$83.3b23x12.7x1.2x
Wed, 16 Feb 2022AR$1.0tAR$622.6bAR$49.0b23.1x21.3x1.7x
Fri, 14 Jan 2022AR$1.0tAR$622.6bAR$49.0b22.3x21x1.7x
Sun, 12 Dec 2021AR$991.0bAR$616.4bAR$48.9b21.5x20.3x1.6x
Tue, 09 Nov 2021AR$1.1tAR$616.8bAR$62.3b15.7x17.7x1.8x
Thu, 07 Oct 2021AR$992.4bAR$616.8bAR$62.3b15.3x15.9x1.6x
Sat, 04 Sep 2021AR$951.1bAR$631.6bAR$65.4b13.2x14.5x1.5x
Mon, 02 Aug 2021AR$771.9bAR$631.6bAR$65.4b10.7x11.8x1.2x
Price to Earnings Ratio

11.8x


Total Market Cap: AR$771.9bTotal Earnings: AR$65.4bTotal Revenue: AR$631.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Financials Sector Price to Earnings3Y Average 15.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Argentinean Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.7x which is lower than its 3-year average PE of 15.6x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 201% per year over the last three years.
  • Revenues for these companies have grown 172% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Argentinian Financials sector?

AR Market-0.11%
Financials3.31%
Banks4.04%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial0%
Consumer Finance0%
Insurance0%
Capital Markets-2.92%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 22.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 13.7x.
Forecasted Growth
  • Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 22% over the next 5 years.
  • However this is lower than its past earnings growth rate of 217% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BPAT Banco PatagoniaAR$2.50k28.9%
+AR$402.7b		760.6%PB2x
GGAL Grupo Financiero GaliciaAR$3.71k2.8%
+AR$147.5b		310.8%PB1.6x
BBAR Banco BBVA ArgentinaAR$3.56k3.0%
+AR$64.3b		251.7%PB1x
BHIP Banco HipotecarioAR$386.509.8%
+AR$52.9b		993.4%PB1.8x
SUPV Grupo SupervielleAR$1.62k2.9%
+AR$19.9b		371.7%PB1.3x
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Latest News

BPAT

AR$2,500.00

Banco Patagonia

7D

28.9%

1Y

760.6%

BBAR

AR$3,560.00

Banco BBVA Argentina

7D

3.0%

1Y

251.7%

BMA

AR$6,420.00

Banco Macro

7D

-4.2%

1Y

317.5%

GGAL

AR$3,705.00

Grupo Financiero Galicia

7D

2.8%

1Y

310.8%

MTR

AR$1,850.00

Matba Rofex

7D

-11.9%

1Y

198.4%

VALO

AR$337.50

Banco de Valores

7D

6.5%

1Y

217.6%

SUPV

AR$1,615.00

Grupo Supervielle

7D

2.9%

1Y

371.7%

BHIP

AR$386.50

Banco Hipotecario

7D

9.8%

1Y

993.4%

BYMA

AR$316.50

Bolsas y Mercados Argentinos

7D

-2.9%

1Y

331.2%