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MVZ.

Mercantil Servicios Financieros C.ACCSE:MVZ.B Stock Report

Market Cap

778.3m

7D

11.3%

1Y

-100.0%

Updated

29 Nov, 2021

Data

Company Financials
MVZ.B fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

MVZ.B Stock Overview

Mercantil Servicios Financieros, C.A., through its subsidiaries, engages in the banking, insurance, and wealth management businesses in Latin America.

Price History & Performance

Summary of all time highs, changes and price drops for Mercantil Servicios Financieros C.A
Historical stock prices
Current Share Price7.40
52 Week High9,500,000.00
52 Week Low5.30
Beta-2.42
1 Month Change23.33%
3 Month Change-100.00%
1 Year Change-100.00%
3 Year Change-99.72%
5 Year Change5,148.23%
Change since IPO11,562,400.00%

Recent News & Updates

Shareholder Returns

MVZ.BVE BanksVE Market
7D11.3%29.1%24.0%
1Y-100.0%-2.8%0.2%

Return vs Industry: MVZ.B underperformed the VE Banks industry which returned -4.1% over the past year.

Return vs Market: MVZ.B underperformed the VE Market which returned -1.2% over the past year.

Price Volatility

Is MVZ.B's price volatile compared to industry and market?
MVZ.B volatility
MVZ.B Average Weekly Movement31.5%
Banks Industry Average Movement4.6%
Market Average Movement31.2%
10% most volatile stocks in VE Market31.7%
10% least volatile stocks in VE Market29.8%

Stable Share Price: MVZ.B is more volatile than 75% of VE stocks over the past 3 months, typically moving +/- 32% a week.

Volatility Over Time: MVZ.B's weekly volatility has increased from 20% to 32% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19973,012Gustavo Vollmer Acedohttps://www.msf.com

Mercantil Servicios Financieros, C.A., through its subsidiaries, engages in the banking, insurance, and wealth management businesses in Latin America. It offers health, automobile, and equity insurance; trust and custody services; investment banking services; and mutual funds. The company was incorporated in 1997 and is based in Caracas, Venezuela.

Mercantil Servicios Financieros C.A Fundamentals Summary

How do Mercantil Servicios Financieros C.A's earnings and revenue compare to its market cap?
MVZ.B fundamental statistics
Market Cap778.28m
Earnings (TTM)171.13t
Revenue (TTM)482.26t

0.0x

P/E Ratio

0.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MVZ.B income statement (TTM)
Revenue482.26t
Cost of Revenue0
Gross Profit482.26t
Expenses311.13t
Earnings171.13t

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.63m
Gross Margin100.00%
Net Profit Margin35.48%
Debt/Equity Ratio0.0%

How did MVZ.B perform over the long term?

See historical performance and comparison

Dividends

16,891.9%

Current Dividend Yield

0.074%

Payout Ratio

Valuation

Is Mercantil Servicios Financieros C.A undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MVZ.B (VES7.4) is trading below our estimate of fair value (VES139691.04)

Significantly Below Fair Value: MVZ.B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MVZ.B is good value based on its PE Ratio (0x) compared to the South American Banks industry average (9.6x).

PE vs Market: MVZ.B's PE Ratio (0x) is in line with the VE market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MVZ.B is good value based on its PB Ratio (0x) compared to the XS Banks industry average (1x).


Future Growth

How is Mercantil Servicios Financieros C.A 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 Mercantil Servicios Financieros C.A 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 Mercantil Servicios Financieros C.A performed over the past 5 years?

93.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MVZ.B has high quality earnings.

Growing Profit Margin: MVZ.B's current net profit margins (35.5%) are lower than last year (49.7%).


Past Earnings Growth Analysis

Earnings Trend: MVZ.B's earnings have grown significantly by 93.1% per year over the past 5 years.

Accelerating Growth: MVZ.B's earnings growth over the past year (653%) exceeds its 5-year average (93.1% per year).

Earnings vs Industry: MVZ.B earnings growth over the past year (653%) exceeded the Banks industry 26.9%.


Return on Equity

High ROE: MVZ.B's Return on Equity (62.5%) is considered outstanding.


Financial Health

How is Mercantil Servicios Financieros C.A'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: MVZ.B's Assets to Equity ratio (6x) is low.

Allowance for Bad Loans: MVZ.B has a sufficient allowance for bad loans (3323%).

Low Risk Liabilities: 59% of MVZ.B's liabilities are made up of primarily low risk sources of funding.

Loan Level: MVZ.B has an appropriate level of Loans to Assets ratio (14%).

Low Risk Deposits: MVZ.B's Loans to Deposits ratio (28%) is appropriate.

Level of Bad Loans: MVZ.B has an appropriate level of bad loans (0.1%).


Dividend

What is Mercantil Servicios Financieros C.A current dividend yield, its reliability and sustainability?

16,891.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MVZ.B's dividend (16891.89%) is higher than the bottom 25% of dividend payers in the VE market (1.88%).

High Dividend: MVZ.B's dividend (16891.89%) is in the top 25% of dividend payers in the VE market (6.74%)


Stability and Growth of Payments

Stable Dividend: MVZ.B's dividend payments have been volatile in the past 10 years.

Growing Dividend: MVZ.B's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (0.07%), MVZ.B's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

0.8yrs

Average board tenure


CEO

Gustavo Vollmer Acedo (72 yo)

10.83yrs

Tenure

Mr. Gustavo Julio Vollmer Acedo serves as the President of Grupo Palmar and Mercantil, C.A. Mr. Vollmer Acedo serves as the President and Chief Executive Officer of Corporación Palmar S.A. and other compan...


Board Members

Experienced Board: MVZ.B's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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

Mercantil Servicios Financieros, C.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mercantil Servicios Financieros, C.A.
  • Ticker: MVZ.B
  • Exchange: CCSE
  • Founded: 1997
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: 778.275m
  • Shares outstanding: 104.76m
  • Website: https://www.msf.com

Number of Employees


Location

  • Mercantil Servicios Financieros, C.A.
  • Av. Andres Bello N° 1
  • 35th Floor
  • Caracas
  • Distrito Federal
  • 1010
  • Venezuela

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 22:54
End of Day Share Price2021/11/29 00:00
Earnings2021/09/30
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.