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EVERTEC

DB:2EV
Snowflake Description

Solid track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2EV
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Software
Company description

EVERTEC, Inc. engage in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The last earnings update was 21 days ago. More info.


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2EV Share Price and Events
7 Day Returns
1.9%
DB:2EV
-12.7%
DE IT
1.3%
DE Market
1 Year Returns
-
DB:2EV
4.6%
DE IT
-7.6%
DE Market
2EV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
EVERTEC (2EV) 1.9% 0.8% 6.5% - 110.4% 39.3%
DE IT -12.7% 6.4% -8.8% 4.6% 134.4% 204%
DE Market 1.3% 2.8% 7.5% -7.6% 9.3% 13.3%
1 Year Return vs Industry and Market
  • No trading data on 2EV.
  • No trading data on 2EV.
Price Volatility
2EV
Industry
5yr Volatility vs Market

2EV Value

 Is EVERTEC undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of EVERTEC to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for EVERTEC.

DB:2EV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:2EV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.057 (1 + (1- 21%) (26.73%))
1.187
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.187 * 5.96%)
7.3%

Discounted Cash Flow Calculation for DB:2EV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for EVERTEC is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:2EV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.3%)
2019 117.00 Analyst x1 109.04
2020 144.00 Analyst x1 125.06
2021 151.83 Est @ 5.44% 122.89
2022 157.72 Est @ 3.88% 118.96
2023 162.11 Est @ 2.78% 113.95
2024 165.38 Est @ 2.02% 108.33
2025 167.82 Est @ 1.48% 102.45
2026 169.68 Est @ 1.1% 96.53
2027 171.10 Est @ 0.84% 90.72
2028 172.23 Est @ 0.66% 85.10
Present value of next 10 years cash flows $1,073.03
DB:2EV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $172.23 × (1 + 0.23%) ÷ (7.3% – 0.23%)
$2,439.30
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,439.30 ÷ (1 + 7.3%)10
$1,205.25
DB:2EV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,073.03 + $1,205.25
$2,278.29
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,278.29 / 70.34
$28.67
DB:2EV Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2EV represents 0.88519x of NYSE:EVTC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88519x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 32.39 x 0.88519
€28.67
Value per share (EUR) From above. €28.67
Current discount Discount to share price of €25.29
= -1 x (€25.29 - €28.67) / €28.67
11.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price EVERTEC is available for.
Intrinsic value
12%
Share price is €25.29 vs Future cash flow value of €28.67
Current Discount Checks
For EVERTEC to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • EVERTEC's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • EVERTEC's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for EVERTEC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are EVERTEC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2EV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.19
NYSE:EVTC Share Price ** NYSE (2019-03-19) in USD $28.57
Germany IT Industry PE Ratio Median Figure of 20 Publicly-Listed IT Companies 26.74x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 19.26x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of EVERTEC.

DB:2EV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:EVTC Share Price ÷ EPS (both in USD)

= 28.57 ÷ 1.19

24.05x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EVERTEC is good value based on earnings compared to the DE IT industry average.
  • EVERTEC is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does EVERTEC's expected growth come at a high price?
Raw Data
DB:2EV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
11.6%per year
Germany IT Industry PEG Ratio Median Figure of 15 Publicly-Listed IT Companies 1.46x
Germany Market PEG Ratio Median Figure of 276 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

DB:2EV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.05x ÷ 11.6%

2.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EVERTEC is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on EVERTEC's assets?
Raw Data
DB:2EV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $3.01
NYSE:EVTC Share Price * NYSE (2019-03-19) in USD $28.57
Germany IT Industry PB Ratio Median Figure of 25 Publicly-Listed IT Companies 3.67x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.76x
DB:2EV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:EVTC Share Price ÷ Book Value per Share (both in USD)

= 28.57 ÷ 3.01

9.5x

* Primary Listing of EVERTEC.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EVERTEC is overvalued based on assets compared to the DE IT industry average.
X
Value checks
We assess EVERTEC's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. EVERTEC has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

2EV Future Performance

 How is EVERTEC expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is EVERTEC expected to grow at an attractive rate?
  • EVERTEC's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • EVERTEC's earnings growth is positive but not above the Germany market average.
  • EVERTEC's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:2EV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:2EV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 11.6%
DB:2EV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 4.4%
Germany IT Industry Earnings Growth Rate Market Cap Weighted Average 23.6%
Germany IT Industry Revenue Growth Rate Market Cap Weighted Average 16.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:2EV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2EV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 520 127 3
2020-12-31 495 163 108 8
2019-12-31 472 135 97 8
DB:2EV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 454 173 86
2018-09-30 435 166 72
2018-06-30 426 152 55
2018-03-31 416 151 55
2017-12-31 407 146 55
2017-09-30 409 152 65
2017-06-30 401 170 79
2017-03-31 395 163 79
2016-12-31 390 168 75
2016-09-30 383 163 81
2016-06-30 382 155 87
2016-03-31 378 163 86

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • EVERTEC's earnings are expected to grow by 11.6% yearly, however this is not considered high growth (20% yearly).
  • EVERTEC's revenue is expected to grow by 4.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:2EV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from EVERTEC Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2EV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.70 1.70 1.70 1.00
2020-12-31 1.47 1.53 1.42 4.00
2019-12-31 1.30 1.37 1.26 4.00
DB:2EV Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.19
2018-09-30 0.99
2018-06-30 0.76
2018-03-31 0.76
2017-12-31 0.76
2017-09-30 0.90
2017-06-30 1.08
2017-03-31 1.07
2016-12-31 1.01
2016-09-30 1.08
2016-06-30 1.14
2016-03-31 1.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • EVERTEC is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess EVERTEC's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
EVERTEC has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

2EV Past Performance

  How has EVERTEC performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare EVERTEC's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • EVERTEC's year on year earnings growth rate has been positive over the past 5 years.
  • EVERTEC's 1-year earnings growth exceeds its 5-year average (56.7% vs 12.1%)
  • EVERTEC's earnings growth has exceeded the DE IT industry average in the past year (56.7% vs 18.5%).
Earnings and Revenue History
EVERTEC's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from EVERTEC Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2EV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 453.87 86.27 68.72
2018-09-30 435.27 71.90 61.81
2018-06-30 425.97 55.00 62.02
2018-03-31 416.14 55.04 58.76
2017-12-31 407.14 55.04 56.16
2017-09-30 409.41 65.18 53.79
2017-06-30 401.15 78.77 49.30
2017-03-31 395.31 78.90 47.28
2016-12-31 389.51 75.02 46.99
2016-09-30 383.30 80.98 43.46
2016-06-30 381.78 86.63 43.74
2016-03-31 377.51 85.96 40.11
2015-12-31 373.53 85.37 37.28
2015-09-30 371.99 74.53 34.79
2015-06-30 367.92 68.29 31.50
2015-03-31 365.85 66.50 33.02
2014-12-31 361.79 66.16 33.38
2014-09-30 361.73 75.11 32.86
2014-06-30 360.27 70.82 33.15
2014-03-31 358.11 -11.89 35.31
2013-12-31 358.40 -27.12 36.11
2013-09-30 354.91 28.93 35.80
2013-06-30 351.34 16.40 35.71
2013-03-31 346.54 79.30 31.56
2012-12-31 342.49 77.37 31.69
2012-09-30 336.27 8.62 32.09
2012-06-30 333.46 3.67 33.35
2012-03-31 326.35 16.73 33.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst EVERTEC made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • EVERTEC used its assets more efficiently than the DE IT industry average last year based on Return on Assets.
  • EVERTEC has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess EVERTEC's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
EVERTEC has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

2EV Health

 How is EVERTEC's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up EVERTEC's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • EVERTEC is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • EVERTEC's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of EVERTEC's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from EVERTEC Company Filings, last reported 2 months ago.

DB:2EV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 215.61 542.37 69.97
2018-09-30 214.95 565.14 91.31
2018-06-30 197.36 569.37 59.33
2018-03-31 179.29 599.70 53.47
2017-12-31 147.98 615.74 50.42
2017-09-30 137.68 642.52 48.44
2017-06-30 134.02 661.36 93.06
2017-03-31 125.37 644.03 52.07
2016-12-31 108.18 649.42 51.92
2016-09-30 105.65 646.51 44.99
2016-06-30 107.45 656.24 35.73
2016-03-31 109.66 656.59 36.04
2015-12-31 98.21 659.56 28.75
2015-09-30 118.25 671.01 40.40
2015-06-30 136.32 666.20 38.84
2015-03-31 122.39 686.04 32.43
2014-12-31 94.84 689.58 32.11
2014-09-30 138.86 679.10 29.23
2014-06-30 126.13 698.63 27.83
2014-03-31 114.57 720.75 27.24
2013-12-31 111.33 735.88 22.49
2013-09-30 174.46 695.34 27.96
2013-06-30 166.68 702.40 19.59
2013-03-31 130.61 743.38 34.13
2012-12-31 122.46 763.76 25.63
2012-09-30 104.07 736.20 50.11
2012-06-30 101.05 735.64 26.16
2012-03-31 366.18 523.83 56.20
  • EVERTEC's level of debt (251.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (660.6% vs 251.6% today).
  • Debt is well covered by operating cash flow (31.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).
X
Financial health checks
We assess EVERTEC's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. EVERTEC has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

2EV Dividends

 What is EVERTEC's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.7%
Current annual income from EVERTEC dividends. Estimated to be 1.16% next year.
If you bought €2,000 of EVERTEC shares you are expected to receive €14 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • EVERTEC's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.5%).
  • EVERTEC's dividend is below the markets top 25% of dividend payers in Germany (3.9%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:2EV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
Germany IT Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 0.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:2EV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.40 2.00
2020-12-31 0.36 3.00
2019-12-31 0.26 3.00
DB:2EV Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-15 0.200 0.702
2018-10-26 0.200 0.726
2018-07-26 0.200 0.833
2018-05-03 0.000 0.000
2018-05-01 0.000 0.000
2017-11-07 0.000 0.000
2017-07-26 0.000 0.000
2017-04-27 0.400 2.381
2017-02-17 0.400 2.464
2016-10-27 0.400 2.354
2016-07-28 0.400 2.407
2016-05-11 0.400 2.600
2016-02-17 0.400 3.015
2015-11-04 0.400 2.598
2015-08-05 0.400 2.152
2015-05-06 0.400 1.881
2015-02-18 0.400 1.869
2014-11-05 0.400 1.865
2014-08-06 0.400 1.791
2014-05-07 0.400 1.702
2014-02-12 0.400 1.647
2013-11-06 0.400 1.708
2013-08-07 0.400 1.719

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EVERTEC is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • EVERTEC is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of EVERTEC's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of EVERTEC's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.4x coverage).
X
Income/ dividend checks
We assess EVERTEC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can EVERTEC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. EVERTEC has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

2EV Management

 What is the CEO of EVERTEC's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mac Schuessler
COMPENSATION $7,499,112
AGE 45
TENURE AS CEO 3.9 years
CEO Bio

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 served as the President of International at Global Payments Inc. from August 1, 2012 to November 20, 2014. He served as an Executive Vice President and the Chief Administrative Officer of Global Payments Inc. from November 2008 to 2012 with responsibility for the company’s global operations, human resources, corporate marketing and communications, real estate services and money transfer business. In this position, he led the implementation of the worldwide credit and risk function, and the creation of the company’s first global operations center in Manila, Philippines. He oversaw the human resource strategy and operations for the Global Payments Inc.'s 5,000 employees in over 21 countries and also responsible for its branding, corporate marketing and communications initiatives, as well as facilities and real estate functions. Mr. Schuessler served as an Executive Vice President of Human Resources, Corporate Communications and Corporate Resources of Global Payments Inc. from June 2007 to November 2008, Vice President of Marketing since February 22, 2005 and was subsequently promoted to Senior Vice President of Marketing and Corporate Communications later that year. He served as Vice President of Global Purchasing Solutions for American Express, Inc., with responsibility for managing the company’s purchasing card business globally, where he managed strategic initiatives, marketing and product development to drive one of the fastest growing global businesses of Global Payments Inc. Additionally, he served in various sales, marketing, strategy and product management positions. He additionally served as Vice President, U.S. Product Management and ePayments for American Express. Prior to joining American Express, Mr. Schuessler served with Wachovia BankCard Services. He is active in civic and community-focused organizations in Metropolitan Atlanta, where he is a member of the board of directors for both the American Red Cross and the Boys and Girls Clubs. He has been Director of EVERTEC, Inc. since April 2015. He was a Member of Visa’s Senior Client Council and the UnionPay International Member Council, the international division of China UnionPay (CUP). He is also active in Atlanta's professional association of senior HR executives, the Human Resource Leadership Forum, as a member of the organization's board and executive committee. In 2002, he received the business school's "Outstanding Recent Alumni Award." Mr. Schuessler holds a Bachelors Degree from New York University and an MBA Degree from Emory University, Goizueta Business School.

CEO Compensation
  • Mac's compensation has increased by more than 20% in the past year.
  • Mac's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the EVERTEC management team in years:

3.9
Average Tenure
45
Average Age
  • The tenure for the EVERTEC management team is about average.
Management Team

Mac Schuessler

TITLE
President
COMPENSATION
$7M
AGE
45
TENURE
3.9 yrs

Phil Steurer

TITLE
Executive VP & COO
COMPENSATION
$2M
AGE
49
TENURE
6.6 yrs

Guillermo Rospigliosi

TITLE
Executive Vice President of Product
COMPENSATION
$2M
AGE
44
TENURE
2.9 yrs

Mike Vizcarrondo Carrión

TITLE
Executive VP of Payment Services
COMPENSATION
$2M
AGE
45
TENURE
6.9 yrs

Joaquin Castrillo-Salgado

TITLE
Executive VP & CFO
AGE
35
TENURE
0.5 yrs

Alan Cohen-Shoreman

TITLE
Head of Investor Relations
AGE
52
TENURE
4.4 yrs

Kay Sharpton

TITLE
Vice President of Investor Relations

Luis Rodríguez-González

TITLE
Executive VP
AGE
40
TENURE
3.1 yrs

Paola Surillo

TITLE
Executive Vice President of People & Culture
AGE
33
TENURE
1.1 yrs

Carlos Ramírez

TITLE
Executive Vice President of Sales for Puerto Rico
COMPENSATION
$1M
AGE
54
TENURE
6.9 yrs
Board of Directors Tenure

Average tenure and age of the EVERTEC board of directors in years:

5.1
Average Tenure
66
Average Age
  • The tenure for the EVERTEC board of directors is about average.
Board of Directors

Frank D’Angelo

TITLE
Chairman of the Board
COMPENSATION
$253K
AGE
72
TENURE
5.1 yrs

Mac Schuessler

TITLE
President
COMPENSATION
$7M
AGE
45
TENURE
3.9 yrs

Alan Schumacher

TITLE
Director
COMPENSATION
$200K
AGE
71
TENURE
5.9 yrs

Teresita Rosado

TITLE
Director
COMPENSATION
$202K
AGE
66
TENURE
5.8 yrs

Olga Botero

TITLE
Director
COMPENSATION
$184K
AGE
54
TENURE
4.5 yrs

Tom Swidarski

TITLE
Director
COMPENSATION
$190K
AGE
59
TENURE
4.3 yrs

Jorge Junquera

TITLE
Director
COMPENSATION
$189K
AGE
69
TENURE
6.9 yrs

Néstor Rivera

TITLE
Director
AGE
72
TENURE
6.9 yrs

Brian Smith

TITLE
Director
COMPENSATION
$209K
AGE
63
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • EVERTEC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. Mar 19 Sell Diana Rivera-Ramirez Individual 13. Mar 19 13. Mar 19 -1,500 €24.86 €-37,286
11. Mar 19 Sell Diana Rivera-Ramirez Individual 08. Mar 19 08. Mar 19 -3,000 €24.10 €-72,308
25. Feb 19 Sell Frank D’Angelo Individual 21. Feb 19 21. Feb 19 -10,000 €24.88 €-248,809
20. Dec 18 Sell Tere Loubriel Individual 20. Dec 18 20. Dec 18 -2,900 €23.68 €-68,685
14. Dec 18 Sell Miguel Vizcarrondo Carrión Individual 13. Dec 18 13. Dec 18 -40,000 €24.07 €-962,781
10. Dec 18 Sell Carlos Ramírez Individual 06. Dec 18 06. Dec 18 -44,378 €23.17 €-1,028,023
13. Aug 18 Sell Philip Steurer Individual 09. Aug 18 10. Aug 18 -10,000 €21.55 €-213,619
X
Management checks
We assess EVERTEC's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. EVERTEC has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

2EV News

Simply Wall St News

2EV Company Info

Description

EVERTEC, Inc. engage 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.

Details
Name: EVERTEC, Inc.
2EV
Exchange: DB
Founded: 1988
$1,787,266,247
70,342,547
Website: http://www.evertecinc.com
Address: EVERTEC, Inc.
Cupey Center Building,
Road 176,
San Juan,
Puerto Rico, 00926,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE EVTC Common Stock New York Stock Exchange US USD 12. Apr 2013
DB 2EV Common Stock Deutsche Boerse AG DE EUR 12. Apr 2013
Number of employees
Current staff
Staff numbers
2,100
EVERTEC employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 21:37
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2019/02/21
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.