| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ABC.A Stock Overview
Banco del Caribe, C.A., Banco Universal provides various banking products and financial services to individual customers, companies and small and medium-sized enterprises, and corporate and institutional clients.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | 2.48 |
| 52 Week High | 2,500,000.00 |
| 52 Week Low | 1.78 |
| Beta | 2.08 |
| 1 Month Change | 30.53% |
| 3 Month Change | -100.00% |
| 1 Year Change | -100.00% |
| 3 Year Change | -99.02% |
| 5 Year Change | 16,271.80% |
| Change since IPO | n/a |
Recent News & Updates
Shareholder Returns
| ABC.A | VE Banks | VE Market | |
|---|---|---|---|
| 7D | 37.8% | 1,612.9% | 2,008.7% |
| 1Y | -100.0% | -7.5% | -3.1% |
Return vs Industry: ABC.A underperformed the VE Banks industry which returned -7.3% over the past year.
Return vs Market: ABC.A underperformed the VE Market which returned -2.6% over the past year.
Price Volatility
| ABC.A volatility | |
|---|---|
| ABC.A Average Weekly Movement | 32.2% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 31.5% |
| 10% most volatile stocks in VE Market | 32.2% |
| 10% least volatile stocks in VE Market | 30.1% |
Stable Share Price: ABC.A is more volatile than 90% of VE stocks over the past 3 months, typically moving +/- 32% a week.
Volatility Over Time: ABC.A's weekly volatility has increased from 20% to 32% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1954 | 1,130 | Martin De Benedetto | https://www.bancaribe.com.ve |
Banco del Caribe, C.A., Banco Universal provides various banking products and financial services to individual customers, companies and small and medium-sized enterprises, and corporate and institutional clients. It offers current, savings, checking, master, Escrow, deposit, and private accounts; debit and credit cards; foreign exchange and foreign trade services; investment solutions; and point of sale terminals. It also provides finance solutions; corporate finance and credit; financial advisory, debt restructuring, and valuation of companies; and payroll, treasury, and Internet and mobile banking services.
Banco del Caribe C.A. Banco Universal Fundamentals Summary
| ABC.A fundamental statistics | |
|---|---|
| Market Cap | 14.07b |
| Earnings (TTM) | 2.37t |
| Revenue (TTM) | 29.84t |
0.0x
P/E Ratio0.0x
P/B RatioIs ABC.A overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABC.A income statement (TTM) | |
|---|---|
| Revenue | 29.84t |
| Cost of Revenue | 1.35t |
| Gross Profit | 28.49t |
| Expenses | 26.12t |
| Earnings | 2.37t |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 15.92k |
| Gross Margin | 95.49% |
| Net Profit Margin | 7.94% |
| Debt/Equity Ratio | 0.0% |
How did ABC.A perform over the long term?
See historical performance and comparisonValuation
Is Banco del Caribe C.A. Banco Universal undervalued compared to its fair value and its price relative to the market?
0.00015x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ABC.A's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ABC.A's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ABC.A is good value based on its PE Ratio (0x) compared to the South American Banks industry average (9.4x).
PE vs Market: ABC.A's PE Ratio (0x) is in line with the VE market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABC.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABC.A is good value based on its PB Ratio (0x) compared to the XS Banks industry average (1x).
Future Growth
How is Banco del Caribe C.A. Banco Universal forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.2%
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 del Caribe C.A. Banco Universal 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 del Caribe C.A. Banco Universal performed over the past 5 years?
89.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABC.A has a large one-off gain of VES1,714.8B impacting its June 30 2021 financial results.
Growing Profit Margin: ABC.A's current net profit margins (7.9%) are lower than last year (34.7%).
Past Earnings Growth Analysis
Earnings Trend: ABC.A's earnings have grown significantly by 89.4% per year over the past 5 years.
Accelerating Growth: ABC.A's earnings growth over the past year (704.1%) exceeds its 5-year average (89.4% per year).
Earnings vs Industry: ABC.A earnings growth over the past year (704.1%) exceeded the Banks industry 29.4%.
Return on Equity
High ROE: ABC.A's Return on Equity (9%) is considered low.
Financial Health
How is Banco del Caribe C.A. Banco Universal'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: ABC.A's Assets to Equity ratio (6.5x) is low.
Allowance for Bad Loans: ABC.A has a sufficient allowance for bad loans (6679%).
Low Risk Liabilities: 88% of ABC.A's liabilities are made up of primarily low risk sources of funding.
Loan Level: ABC.A has an appropriate level of Loans to Assets ratio (12%).
Low Risk Deposits: ABC.A's Loans to Deposits ratio (16%) is appropriate.
Level of Bad Loans: ABC.A has an appropriate level of bad loans (0.1%).
Dividend
What is Banco del Caribe C.A. Banco Universal current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ABC.A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ABC.A'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 ABC.A's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABC.A's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ABC.A is not paying a notable dividend for the VE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABC.A's dividend in 3 years as they are not forecast to pay a notable one for the VE market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average board tenure
CEO
Martin De Benedetto
no data
Tenure
Mr. Martin Perez De Benedetto serves as Executive President at Banco Del Caribe, C.A., Banco Universal and served as its Executive Vice President of Corporate Banking and Business.
Board Members
Experienced Board: ABC.A's board of directors are considered experienced (5.7 years average tenure).
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 del Caribe, C.A., Banco Universal's employee growth, exchange listings and data sources
Key Information
- Name: Banco del Caribe, C.A., Banco Universal
- Ticker: ABC.A
- Exchange: CCSE
- Founded: 1954
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: 14.072b
- Shares outstanding: 148.80m
- Website: https://www.bancaribe.com.ve
Number of Employees
Location
- Banco del Caribe, C.A., Banco Universal
- Av. Tamanaco, Torre Extebandes
- Piso 1, Of. 1
- Caracas
- Distrito Federal
- 1060
- Venezuela
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/12/01 22:01 |
| End of Day Share Price | 2021/12/01 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.