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Argentinian (MERVAL) Financials Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies10
  • 7D1.8%
  • 3M37.9%
  • 1Y339.1%
  • YTD233.2%

In the last week, the Financials industry is up 1.8%, with Banco BBVA Argentina up 4.0%. This takes the industry's 12 month performance to a gain of 339%. Looking forward, earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Nov 2024AR$24.7tAR$12.6tAR$1.7t16.7x14.9x2x
Sun, 20 Oct 2024AR$22.3tAR$14.2tAR$1.8t14.8x12.6x1.6x
Tue, 17 Sep 2024AR$22.0tAR$14.7tAR$1.8t16.7x11.9x1.5x
Thu, 15 Aug 2024AR$18.1tAR$12.7tAR$1.7t14.5x10.3x1.4x
Sat, 13 Jul 2024AR$18.6tAR$12.7tAR$1.8t16.7x10.4x1.5x
Mon, 10 Jun 2024AR$18.5tAR$12.7tAR$1.8t16.7x10.3x1.5x
Wed, 08 May 2024AR$17.1tAR$10.2tAR$1.4t14.3x12x1.7x
Fri, 05 Apr 2024AR$12.9tAR$10.2tAR$1.4t10.9x9.1x1.3x
Sun, 03 Mar 2024AR$10.3tAR$5.6tAR$958.9b18.3x10.8x1.8x
Tue, 30 Jan 2024AR$10.9tAR$3.2tAR$376.1b33.4x29x3.4x
Thu, 28 Dec 2023AR$6.9tAR$3.2tAR$377.0b21.4x18.2x2.1x
Sat, 25 Nov 2023AR$5.6tAR$3.4tAR$343.3b20.8x16.2x1.6x
Mon, 23 Oct 2023AR$4.9tAR$2.6tAR$304.0b15.8x16x1.9x
Wed, 20 Sep 2023AR$4.6tAR$2.6tAR$303.8b15.7x15.1x1.8x
Fri, 18 Aug 2023AR$4.4tAR$2.2tAR$203.5b27.2x21.8x2x
Sun, 16 Jul 2023AR$3.7tAR$2.2tAR$195.3b23.6x19.1x1.7x
Tue, 13 Jun 2023AR$3.1tAR$2.2tAR$195.4b18.3x15.9x1.4x
Thu, 11 May 2023AR$2.4tAR$2.0tAR$174.8b14.1x13.6x1.2x
Sat, 08 Apr 2023AR$2.1tAR$1.7tAR$143.6b23.9x14.4x1.2x
Mon, 06 Mar 2023AR$2.2tAR$1.3tAR$101.5b16.5x21.2x1.6x
Wed, 01 Feb 2023AR$2.2tAR$1.1tAR$82.1b23.3x26.9x2.1x
Fri, 30 Dec 2022AR$1.6tAR$1.1tAR$88.2b13.5x17.9x1.4x
Sun, 27 Nov 2022AR$1.3tAR$1.0tAR$98.7b10.2x12.7x1.2x
Tue, 25 Oct 2022AR$1.2tAR$920.0bAR$85.1b10.7x14.1x1.3x
Thu, 22 Sep 2022AR$1.3tAR$927.6bAR$84.1b11.3x15.6x1.4x
Sat, 20 Aug 2022AR$1.1tAR$854.3bAR$87.5b10x13.1x1.3x
Mon, 18 Jul 2022AR$936.2bAR$853.5bAR$88.3b8.2x10.6x1.1x
Wed, 15 Jun 2022AR$822.0bAR$852.5bAR$88.5b7.8x9.3x1x
Fri, 13 May 2022AR$970.7bAR$1.0tAR$94.2b8.1x10.3x1x
Sun, 10 Apr 2022AR$1.0tAR$913.3bAR$82.8b19.9x12.5x1.1x
Tue, 08 Mar 2022AR$1.0tAR$910.1bAR$83.3b23.1x12.3x1.1x
Thu, 03 Feb 2022AR$1.1tAR$622.6bAR$49.0b22.6x21.8x1.7x
Sat, 01 Jan 2022AR$988.6bAR$616.4bAR$48.9b21.6x20.2x1.6x
Mon, 29 Nov 2021AR$952.3bAR$642.9bAR$58.0b15.3x16.4x1.5x
Price to Earnings Ratio

16.4x


Total Market Cap: AR$952.3bTotal Earnings: AR$58.0bTotal Revenue: AR$642.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Financials Sector Price to Earnings3Y Average 15.2x202220232024
Current Industry PE
  • Investors are relatively neutral on the Argentinean Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.2x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 206% per year over the last three years.
  • Revenues for these companies have grown 170% 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 Market6.61%
Financials1.78%
Capital Markets4.80%
Banks1.53%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial0%
Consumer Finance0%
Insurance0%
Industry PE
  • Investors are most optimistic about the Banks industry, which is trading close to its 3-year average PE ratio of 13.3x.
    • Analysts are expecting annual earnings growth of 19.0%, which is lower than the prior year's growth of 32.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 33% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 19% 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
BYMA Bolsas y Mercados ArgentinosAR$350.502.5%
+AR$32.4b
129.8%PS17.9x
BHIP Banco HipotecarioAR$450.501.9%
+AR$13.0b
761.4%PB1.9x
VALO Banco de ValoresAR$388.502.9%
+AR$9.2b
155.6%PE134.6x
SUPV Grupo SupervielleAR$2.42k0.2%
+AR$2.2b
384.5%PB1.6x
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Latest News

BBAR

AR$6,080.00

Banco BBVA Argentina

7D

-2.1%

1Y

332.6%

BMA

AR$8,870.00

Banco Macro

7D

-3.1%

1Y

320.3%

BYMA

AR$350.50

Bolsas y Mercados Argentinos

7D

2.5%

1Y

129.8%

MTR

AR$2,550.00

Matba Rofex

7D

-0.8%

1Y

173.9%

GGAL

AR$6,230.00

Grupo Financiero Galicia

7D

-1.7%

1Y

356.3%

SUPV

AR$2,415.00

Grupo Supervielle

7D

0.2%

1Y

384.5%

VALO

AR$388.50

Banco de Valores

7D

2.9%

1Y

155.6%

BHIP

AR$450.50

Banco Hipotecario

7D

1.9%

1Y

761.4%

BPAT

AR$2,205.00

Banco Patagonia

7D

-0.5%

1Y

556.3%