EVERTEC, Inc. engages in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean.
Solid track record with adequate balance sheet.
Share Price & News
How has EVERTEC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2EV has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 2EV exceeded the German IT industry which returned 13.5% over the past year.
Return vs Market: 2EV exceeded the German Market which returned 2.9% over the past year.
Price Volatility Vs. Market
How volatile is EVERTEC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is EVERTEC undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2EV (€28.8) is trading below our estimate of fair value (€32.07)
Significantly Below Fair Value: 2EV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2EV is good value based on its PE Ratio (21.4x) compared to the IT industry average (29.4x).
PE vs Market: 2EV is poor value based on its PE Ratio (21.4x) compared to the German market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: 2EV is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: 2EV is overvalued based on its PB Ratio (8.1x) compared to the DE IT industry average (4.3x).
How is EVERTEC forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2EV's forecast earnings growth (8.7% per year) is above the savings rate (-0.4%).
Earnings vs Market: 2EV's earnings (8.7% per year) are forecast to grow slower than the German market (13.1% per year).
High Growth Earnings: 2EV's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2EV's revenue (4.6% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: 2EV's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2EV's Return on Equity is forecast to be high in 3 years time (32.7%)
How has EVERTEC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2EV has high quality earnings.
Growing Profit Margin: 2EV's current net profit margins (21.2%) are higher than last year (19%).
Past Earnings Growth Analysis
Earnings Trend: 2EV's earnings have grown by 4.5% per year over the past 5 years.
Accelerating Growth: 2EV's earnings growth over the past year (19.9%) exceeds its 5-year average (4.5% per year).
Earnings vs Industry: 2EV earnings growth over the past year (19.9%) exceeded the IT industry 13.5%.
Return on Equity
High ROE: Whilst 2EV's Return on Equity (38.18%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
How is EVERTEC's financial position?
Financial Position Analysis
Short Term Liabilities: 2EV's short term assets ($276.0M) exceed its short term liabilities ($144.3M).
Long Term Liabilities: 2EV's short term assets ($276.0M) do not cover its long term liabilities ($595.7M).
Debt to Equity History and Analysis
Debt Level: 2EV's debt to equity ratio (193.4%) is considered high.
Reducing Debt: 2EV's debt to equity ratio has reduced from 724.7% to 193.4% over the past 5 years.
Debt Coverage: 2EV's debt is well covered by operating cash flow (34.3%).
Interest Coverage: 2EV's interest payments on its debt are well covered by EBIT (5.2x coverage).
Inventory Level: 2EV has a low level of unsold assets or inventory.
Debt Coverage by Assets: 2EV's debt is not covered by short term assets (assets are 0.5x debt).
What is EVERTEC's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase EVERTEC before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 2EV's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.52%).
High Dividend: 2EV's dividend (0.65%) is low compared to the top 25% of dividend payers in the German market (3.92%).
Stability and Growth of Payments
Stable Dividend: 2EV is not paying a notable dividend for the German market, therefore no need to check if payments are stable.
Growing Dividend: 2EV is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 2EV is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2EV's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mac Schuessler (46yo)
Mr. Morgan M. Schuessler, Jr., also known as Mac, has been the Chief Executive Officer and President at EVERTEC, Inc. since April 2015. Mr. Schuessler has over 20 years of payment industry experience. He s ...
CEO Compensation Analysis
Compensation vs Market: Mac's total compensation ($USD4.71M) is above average for companies of similar size in the German market ($USD1.76M).
Compensation vs Earnings: Mac's compensation has been consistent with company performance over the past year.
|Executive VP & COO||7.5yrs||US$1.17m||0.048% $995.7k|
|Executive VP||0yrs||US$1.11m||0.016% $331.2k|
|Executive VP of Payment Services||7.8yrs||US$1.18m||0.17% $3.5m|
|Executive VP & CFO||1.4yrs||no data||0.049% $1.0m|
|Head of Investor Relations||5.3yrs||no data||no data|
|Vice President of Investor Relations||0yrs||no data||no data|
|Executive Vice President of Product||3.8yrs||US$1.52m||0.074% $1.5m|
|Executive Vice President of People & Culture||2yrs||no data||0.070% $1.4m|
|Executive Vice President of Sales for Puerto Rico||7.8yrs||US$984.41k||0.066% $1.4m|
Experienced Management: 2EV's management team is seasoned and experienced (5.1 years average tenure).
|Independent Director||7.8yrs||US$209.99k||0.030% $608.6k|
|Independent Director||6.8yrs||US$222.49k||0.035% $728.1k|
|Independent Director||5.2yrs||US$217.49k||0.031% $631.8k|
|Independent Director||5yrs||US$214.99k||0.040% $827.5k|
|Chairman of the Board||6yrs||US$282.49k||0.056% $1.1m|
|Independent Director||5.4yrs||US$207.49k||0.030% $615.6k|
|Director||0.8yrs||no data||0.0054% $111.9k|
|Director||0.8yrs||no data||0.0054% $111.9k|
Experienced Board: 2EV's board of directors are considered experienced (5.2 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
EVERTEC, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: EVERTEC, Inc.
- Ticker: 2EV
- Exchange: DB
- Founded: 1988
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$2.254b
- Listing Market Cap: US$2.053b
- Shares outstanding: 70.30m
- Website: https://www.evertecinc.com
Number of Employees
- EVERTEC, Inc.
- Cupey Center Building
- Road 176
- San Juan
- Puerto Rico
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EVTC||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Apr 2013|
|2EV||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 2013|
|EVTC N||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Apr 2013|
EVERTEC, Inc. engages in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates in four segments: Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting services, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. The company manages a system of electronic payment networks that process approximately two billion transactions. It sells and distributes its services primarily through a proprietary direct sales force. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is based in San Juan, Puerto Rico.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 22:26|
|End of Day Share Price||2020/02/27 00:00|
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.