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
|Historical stock prices|
|Current Share Price||7.40|
|52 Week High||9,500,000.00|
|52 Week Low||5.30|
|1 Month Change||23.33%|
|3 Month Change||-100.00%|
|1 Year Change||-100.00%|
|3 Year Change||-99.72%|
|5 Year Change||5,148.23%|
|Change since IPO||11,562,400.00%|
Recent News & Updates
|MVZ.B||VE Banks||VE Market|
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.
|MVZ.B Average Weekly Movement||31.5%|
|Banks Industry Average Movement||4.6%|
|Market Average Movement||31.2%|
|10% most volatile stocks in VE Market||31.7%|
|10% least volatile stocks in VE Market||29.8%|
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
|1997||3,012||Gustavo Vollmer Acedo||https://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
|MVZ.B fundamental statistics|
Is MVZ.B overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MVZ.B income statement (TTM)|
|Cost of Revenue||0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.63m|
|Net Profit Margin||35.48%|
How did MVZ.B perform over the long term?See historical performance and comparison
16,891.9%Current Dividend Yield
Is Mercantil Servicios Financieros C.A 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: 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).
How is Mercantil Servicios Financieros C.A forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Mercantil Servicios Financieros C.A performed over the past 5 years?
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.
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
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%).
What is Mercantil Servicios Financieros C.A current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Gustavo Vollmer Acedo (72 yo)
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...
Experienced Board: MVZ.B's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mercantil Servicios Financieros, C.A.'s employee growth, exchange listings and data sources
- 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
- Mercantil Servicios Financieros, C.A.
- Av. Andres Bello N° 1
- 35th Floor
- Distrito Federal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/29 22:54|
|End of Day Share Price||2021/11/29 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.