BASE:BHIP

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Banco Hipotecario

Market Cap

AR$15.2b

Last Updated

2021/06/22 23:25 UTC

Data Sources

Company Financials

Executive Summary

Banco Hipotecario S.A. provides wholesale and retail banking services in Argentina. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Banco Hipotecario's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BHIP is less volatile than 75% of AR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BHIP's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0%

BHIP

-2.0%

AR Banks

-1.2%

AR Market


1 Year Return

15.7%

BHIP

37.3%

AR Banks

46.1%

AR Market

Return vs Industry: BHIP underperformed the AR Banks industry which returned 37% over the past year.

Return vs Market: BHIP underperformed the AR Market which returned 45.2% over the past year.


Shareholder returns

BHIPIndustryMarket
7 Day0%-2.0%-1.2%
30 Day29.6%19.4%16.1%
90 Day26.1%34.5%28.6%
1 Year15.7%15.7%38.3%37.3%48.1%46.1%
3 Year-34.7%-35.6%47.8%42.0%95.0%82.1%
5 Year49.3%46.1%170.3%148.3%283.7%234.0%

Long-Term Price Volatility Vs. Market

How volatile is Banco Hipotecario's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Banco Hipotecario undervalued compared to its fair value and its price relative to the market?

6030.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BHIP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BHIP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BHIP is poor value based on its PE Ratio (6059.7x) compared to the AR Banks industry average (9.8x).

PE vs Market: BHIP is poor value based on its PE Ratio (6059.7x) compared to the AR market (9.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BHIP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BHIP is good value based on its PB Ratio (0.8x) compared to the AR Banks industry average (1x).


Future Growth

How is Banco Hipotecario forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.3%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Banco Hipotecario has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Banco Hipotecario performed over the past 5 years?

-46.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BHIP has a large one-off loss of ARS420.2M impacting its March 31 2021 financial results.

Growing Profit Margin: BHIP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BHIP's earnings have declined by 46% per year over the past 5 years.

Accelerating Growth: BHIP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BHIP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (-28.5%).


Return on Equity

High ROE: BHIP's Return on Equity (0.1%) is considered low.


Financial Health

How is Banco Hipotecario's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BHIP's Assets to Equity ratio (7.6x) is low.

Allowance for Bad Loans: BHIP has a low allowance for bad loans (96%).

Low Risk Liabilities: 76% of BHIP's liabilities are made up of primarily low risk sources of funding.

Loan Level: BHIP has an appropriate level of Loans to Assets ratio (32%).

Low Risk Deposits: BHIP's Loans to Deposits ratio (48%) is appropriate.

Level of Bad Loans: BHIP has a high level of bad loans (11.6%).


Dividend

What is Banco Hipotecario current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BHIP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BHIP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BHIP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BHIP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BHIP's dividend in 3 years as they are not forecast to pay a notable one for the AR market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Manuel Juan Luciano Herrera Grazioli

4yrs

Tenure

Mr. Manuel Juan Luciano Herrera Grazioli has been General Manager at Banco Hipotecario SA since June 01, 2017 and was its Interim Chief Financial Officer since April 27, 2020.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco Hipotecario S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco Hipotecario S.A.
  • Ticker: BHIP
  • Exchange: BASE
  • Founded: 1886
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: AR$15.224b
  • Shares outstanding: 1.47b
  • Website: https://www.hipotecario.com.ar

Location

  • Banco Hipotecario S.A.
  • Reconquista 151
  • Buenos Aires
  • Capital Federal
  • 1003
  • Argentina

Listings


Biography

Banco Hipotecario S.A. provides wholesale and retail banking services in Argentina. The company offers savings, current, and investor accounts; personal loans comprising destination, housing expansion, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/22 23:25
End of Day Share Price2021/06/22 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.