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Argentinian (MERVAL) Financials Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies10
  • 7D-5.7%
  • 3M-3.5%
  • 1Y26.4%
  • YTD38.5%

Over the last 7 days, the Financials industry has dropped 8.7%, driven by a pullback from Grupo Financiero Galicia of 13%. This takes the industry's 12 month performance to a gain of 45%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021AR$952.3bAR$642.9bAR$58.0b15.3x
Wed, 27 Oct 2021AR$1.1tAR$616.8bAR$62.3b15.8x
Fri, 24 Sep 2021AR$962.9bAR$616.8bAR$62.3b15.4x
Sun, 22 Aug 2021AR$809.2bAR$631.6bAR$65.4b11.3x
Fri, 09 Jul 2021AR$781.9bAR$631.6bAR$65.4b10.9x
Thu, 01 Apr 2021AR$620.4bAR$624.9bAR$80.0b8.6x
Sun, 03 Jan 2021AR$703.1bAR$910.5bAR$185.5b7.9x
Wed, 07 Oct 2020AR$607.1bAR$1.0tAR$188.1b8.1x
Tue, 30 Jun 2020AR$566.8bAR$1.1tAR$186.2b5.5x
Fri, 03 Apr 2020AR$344.7bAR$1.0tAR$189.0b2.8x
Mon, 06 Jan 2020AR$618.6bAR$992.8bAR$185.1b5.7x
Thu, 10 Oct 2019AR$418.2bAR$924.0bAR$153.4b3.9x
Wed, 03 Jul 2019AR$716.9bAR$842.7bAR$149.7b8.3x
Sat, 06 Apr 2019AR$549.0bAR$646.4bAR$140.1b7.7x
Tue, 08 Jan 2019AR$518.0bAR$549.8bAR$123.2b6.6x
PE Ratio

9.1x

Total Market Cap: AR$539.1bTotal Earnings: AR$145.0bTotal Revenue: AR$494.8b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 15.2x which is higher than its 3-year average PE of 7.8x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Financials industry have declined 26% per year over the last three years, while revenues for these companies have grown 7.5% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

Capital Markets3.40%
Banks-6.85%

Industry PE: Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 9.5x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Banks industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 9.2x.

Forecasted Growth: Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 26% over the next 5 years. This is better than its past earnings decline of 42% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
BYMA Bolsas y Mercados Argentinos5.9%+AR$3.9b50.4%PS16x
BRIO Banco Santander Río0.5%+AR$659.6m37.3%PB0.9x
MTR Matba Rofex2.6%+AR$614.6m29.0%PE24.4x
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