Colombian (COLCAP) Financials Sector Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies18
- 7D0.3%
- 3M2.2%
- 1Y-7.6%
- YTD6.8%
Over the last 7 days, the Financials industry has dropped 2.4%, driven by Bancolombia declining 2.0%. However, the industry is down 10.0% over the past year. Earnings are forecast to grow by 24% annually.
Sector Valuation and Performance
Has the Colombian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | Col$117.3t | Col$113.7t | Col$12.9t | 8.8x | 9.1x | 1x |
| Fri, 22 Mar 2024 | Col$111.0t | Col$114.4t | Col$13.0t | 7.8x | 8.5x | 1x |
| Sun, 18 Feb 2024 | Col$114.9t | Col$116.6t | Col$13.7t | 8.6x | 8.4x | 1x |
| Tue, 16 Jan 2024 | Col$115.5t | Col$121.7t | Col$13.7t | 9x | 8.4x | 0.9x |
| Thu, 14 Dec 2023 | Col$99.6t | Col$121.6t | Col$14.3t | 6.8x | 7x | 0.8x |
| Sat, 11 Nov 2023 | Col$99.8t | Col$123.5t | Col$16.2t | 6.4x | 6.2x | 0.8x |
| Mon, 09 Oct 2023 | Col$102.2t | Col$115.1t | Col$14.5t | 7.3x | 7.1x | 0.9x |
| Wed, 06 Sep 2023 | Col$101.5t | Col$114.8t | Col$15.3t | 6.7x | 6.6x | 0.9x |
| Fri, 04 Aug 2023 | Col$112.7t | Col$114.3t | Col$18.2t | 6.1x | 6.2x | 1x |
| Sun, 02 Jul 2023 | Col$111.5t | Col$114.0t | Col$18.2t | 6.5x | 6.1x | 1x |
| Tue, 30 May 2023 | Col$111.8t | Col$112.9t | Col$18.3t | 6.1x | 6.1x | 1x |
| Thu, 27 Apr 2023 | Col$121.8t | Col$116.4t | Col$18.9t | 6.3x | 6.5x | 1x |
| Sat, 25 Mar 2023 | Col$110.1t | Col$116.6t | Col$21.1t | 5x | 5.2x | 0.9x |
| Mon, 20 Feb 2023 | Col$120.6t | Col$121.7t | Col$22.4t | 4x | 5.4x | 1x |
| Wed, 18 Jan 2023 | Col$131.4t | Col$121.7t | Col$22.4t | 4.5x | 5.9x | 1.1x |
| Fri, 16 Dec 2022 | Col$127.2t | Col$121.8t | Col$22.6t | 5.3x | 5.6x | 1x |
| Sun, 13 Nov 2022 | Col$126.0t | Col$121.6t | Col$23.5t | 5.2x | 5.4x | 1x |
| Tue, 11 Oct 2022 | Col$123.8t | Col$120.2t | Col$22.8t | 5.1x | 5.4x | 1x |
| Thu, 08 Sep 2022 | Col$128.8t | Col$121.2t | Col$23.5t | 5.4x | 5.5x | 1.1x |
| Sat, 06 Aug 2022 | Col$137.1t | Col$118.3t | Col$23.2t | 5.8x | 5.9x | 1.2x |
| Mon, 04 Jul 2022 | Col$142.7t | Col$118.3t | Col$23.2t | 5.7x | 6.2x | 1.2x |
| Wed, 01 Jun 2022 | Col$163.6t | Col$118.3t | Col$23.2t | 6.2x | 7.1x | 1.4x |
| Fri, 29 Apr 2022 | Col$144.0t | Col$108.9t | Col$18.6t | 6.4x | 7.7x | 1.3x |
| Sun, 27 Mar 2022 | Col$150.6t | Col$108.4t | Col$18.5t | 7.3x | 8.1x | 1.4x |
| Tue, 22 Feb 2022 | Col$149.4t | Col$103.8t | Col$16.3t | 7.4x | 9.2x | 1.4x |
| Thu, 20 Jan 2022 | Col$153.7t | Col$103.8t | Col$16.3t | 7.5x | 9.4x | 1.5x |
| Sat, 18 Dec 2021 | Col$139.8t | Col$103.8t | Col$16.3t | 7.2x | 8.6x | 1.3x |
| Mon, 15 Nov 2021 | Col$138.0t | Col$99.0t | Col$14.7t | 8.1x | 9.4x | 1.4x |
| Wed, 13 Oct 2021 | Col$140.4t | Col$96.6t | Col$13.7t | 8.5x | 10.3x | 1.5x |
| Fri, 10 Sep 2021 | Col$136.3t | Col$96.7t | Col$13.7t | 8x | 10x | 1.4x |
| Sun, 08 Aug 2021 | Col$126.2t | Col$96.7t | Col$13.7t | 7.5x | 9.2x | 1.3x |
| Sat, 01 May 2021 | Col$135.5t | Col$89.6t | Col$9.9t | 11.1x | 13.6x | 1.5x |
Price to Earnings Ratio
13.6x
Current Industry PE
- Investors are optimistic on the Colombian Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 9.1x which is higher than its 3-year average PE of 7.7x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 9.1% per year over the last three years.
- Revenues for these companies have grown 8.2% 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 Colombian Financials sector?
| CO Market | 0.55% | |
| Financials | 0.28% | |
| Diversified Financial | 3.59% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Insurance | 0% | |
| Banks | -0.58% | |
| Capital Markets | -0.69% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 15.0x.
- 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 7.6x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings decline of 38% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GRUPOSURA Grupo de Inversiones Suramericana | Col$38.00k | 4.1% +Col$868.8b | -4.5% | PE13.4x | |
| BCOLOMBIA Bancolombia | Col$34.50k | 0.8% +Col$250.1b | -6.8% | PB0.9x | |
| CORFICOLCF Corporación Financiera Colombiana | Col$15.12k | 1.9% +Col$102.4b | 14.5% | PE6.3x | |
| GRUPOAVAL Grupo Aval Acciones y Valores | Col$463.00 | 0.2% +Col$23.7b | -18.8% | PB0.7x |