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Argentinian (MERVAL) Financials Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies9
  • 7D3.8%
  • 3M7.3%
  • 1Y40.9%
  • YTD46.5%

The Financials industry is up 4.8% in the last week, with Banco BBVA Argentina up 16%. This means that the industry has gained 53% over the past year. Earnings are forecast to grow by 26% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022AR$1.3tAR$1.1tAR$91.0b10.2x13.9x1.2x
Sat, 29 Oct 2022AR$1.2tAR$920.0bAR$85.1b10.8x14x1.3x
Mon, 26 Sep 2022AR$1.3tAR$911.2bAR$82.3b11.7x15.5x1.4x
Wed, 24 Aug 2022AR$1.2tAR$853.4bAR$85.9b10.5x14.1x1.4x
Fri, 22 Jul 2022AR$984.9bAR$853.6bAR$88.3b8.6x11.2x1.2x
Sun, 19 Jun 2022AR$822.8bAR$852.5bAR$88.5b7.5x9.3x1x
Tue, 17 May 2022AR$1.0tAR$1.0tAR$94.2b8.8x10.9x1x
Thu, 14 Apr 2022AR$1.0tAR$938.8bAR$87.0b8.5x11.6x1.1x
Sat, 12 Mar 2022AR$1.0tAR$910.1bAR$83.3b22.7x12.4x1.1x
Mon, 07 Feb 2022AR$1.0tAR$622.6bAR$49.0b22.5x21.4x1.7x
Wed, 05 Jan 2022AR$991.9bAR$616.4bAR$48.9b21.1x20.3x1.6x
Fri, 03 Dec 2021AR$1.0tAR$648.0bAR$59.0b15.6x17.5x1.6x
Sun, 31 Oct 2021AR$1.0tAR$616.8bAR$62.3b15.5x16.6x1.7x
Tue, 28 Sep 2021AR$975.3bAR$616.8bAR$62.3b15.4x15.7x1.6x
Thu, 26 Aug 2021AR$903.3bAR$631.6bAR$65.4b12.5x13.8x1.4x
Fri, 02 Jul 2021AR$781.9bAR$631.6bAR$65.4b10.9x12x1.2x
Mon, 05 Apr 2021AR$620.4bAR$624.9bAR$80.0b8.6x7.8x1x
Thu, 07 Jan 2021AR$703.1bAR$910.5bAR$185.5b7.9x3.8x0.8x
Wed, 30 Sep 2020AR$607.1bAR$1.0tAR$188.1b8.1x3.2x0.6x
Sat, 04 Jul 2020AR$566.8bAR$1.1tAR$186.2b5.5x3x0.5x
Tue, 07 Apr 2020AR$344.7bAR$1.0tAR$189.0b2.8x1.8x0.3x
Fri, 10 Jan 2020AR$618.6bAR$992.8bAR$185.1b5.7x3.3x0.6x
Price to Earnings Ratio

3.1x


Total Market Cap: AR$469.6bTotal Earnings: AR$153.4bTotal Revenue: AR$924.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Financials Sector Price to Earnings3Y Average 9.2x202020212022
Current Industry PE
  • Investors are optimistic on the Argentinean Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.7x which is higher than its 3-year average PE of 9.2x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.3% 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?

AR Market5.91%
Financials3.85%
Banks4.42%
Capital Markets1.56%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial0%
Consumer Finance0%
Insurance0%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.0x.
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 4.6% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 26% 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
BBAR Banco BBVA ArgentinaAR$346.657.5%
+AR$14.8b
51.3%PB0.7x
GGAL Grupo Financiero GaliciaAR$255.004.1%
+AR$14.7b
22.0%PB0.8x
BMA Banco MacroAR$449.703.4%
+AR$9.4b
41.4%PB0.7x
BYMA Bolsas y Mercados ArgentinosAR$194.502.5%
+AR$3.6b
99.2%PS19.2x
BHIP Banco HipotecarioAR$12.4012.7%
+AR$2.1b
33.5%PB0.4x
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Latest News

BMA

AR$449.70

Banco Macro

7D

3.4%

1Y

41.4%

BBAR

AR$346.65

Banco BBVA Argentina

7D

7.5%

1Y

51.3%

VALO

AR$58.80

Banco de Valores

7D

0.3%

1Y

n/a

BYMA

AR$194.50

Bolsas y Mercados Argentinos

7D

2.5%

1Y

99.2%

BHIP

AR$12.40

Banco Hipotecario

7D

12.7%

1Y

33.5%

SUPV

AR$114.50

Grupo Supervielle

7D

2.2%

1Y

28.1%

BPAT

AR$98.90

Banco Patagonia

7D

1.2%

1Y

25.3%