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Argentinian (MERVAL) Financials Sector Analysis

UpdatedMay 30, 2024
DataAggregated Company Financials
Companies10
  • 7D-1.5%
  • 3M82.7%
  • 1Y556.5%
  • YTD152.2%

Over the last 7 days, the Financials industry has dropped 5.0%, driven by a pullback from Banco Patagonia of 12%. In the past year, the industry has gained 551%. Earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

Has the Argentinian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 May 2024AR$18.3tAR$11.6tAR$1.6t18.2x11.4x1.6x
Sat, 27 Apr 2024AR$14.4tAR$10.1tAR$1.4t11.9x10.1x1.4x
Mon, 25 Mar 2024AR$13.1tAR$9.5tAR$1.4t12x9.6x1.4x
Wed, 21 Feb 2024AR$9.8tAR$3.2tAR$395.4b24x24.8x3x
Fri, 19 Jan 2024AR$9.3tAR$3.2tAR$376.1b30x24.7x2.9x
Sun, 17 Dec 2023AR$7.5tAR$3.4tAR$385.2b21x19.4x2.2x
Tue, 14 Nov 2023AR$4.4tAR$2.6tAR$304.0b14.2x14.4x1.7x
Thu, 12 Oct 2023AR$4.6tAR$2.6tAR$304.0b15.6x15x1.8x
Sat, 09 Sep 2023AR$4.5tAR$2.6tAR$301.4b15.3x15.1x1.7x
Mon, 07 Aug 2023AR$3.8tAR$2.2tAR$195.3b23.9x19.3x1.7x
Wed, 05 Jul 2023AR$3.9tAR$2.2tAR$195.3b24.2x19.8x1.8x
Fri, 02 Jun 2023AR$2.7tAR$2.1tAR$187.2b15.1x14.2x1.2x
Sun, 30 Apr 2023AR$2.3tAR$2.0tAR$177.0b13.5x13.2x1.2x
Tue, 28 Mar 2023AR$2.0tAR$1.9tAR$165.1b13.7x12x1x
Thu, 23 Feb 2023AR$2.2tAR$1.1tAR$82.2b21.7x26.3x2x
Sat, 21 Jan 2023AR$2.2tAR$1.1tAR$88.2b18.5x25x2x
Mon, 19 Dec 2022AR$1.3tAR$1.1tAR$88.2b11x14.4x1.2x
Wed, 16 Nov 2022AR$1.2tAR$920.0bAR$85.1b10.1x13.9x1.3x
Fri, 14 Oct 2022AR$1.2tAR$920.0bAR$85.1b10.8x14.1x1.3x
Sun, 11 Sep 2022AR$1.3tAR$925.3bAR$83.6b11.3x15.2x1.4x
Tue, 09 Aug 2022AR$1.1tAR$853.6bAR$88.3b9.9x12.6x1.3x
Thu, 07 Jul 2022AR$872.9bAR$853.6bAR$88.4b7.8x9.9x1x
Sat, 04 Jun 2022AR$1.0tAR$1.0tAR$94.6b8.5x10.8x1x
Mon, 02 May 2022AR$986.8bAR$1.0tAR$95.0b8.3x10.4x1x
Wed, 30 Mar 2022AR$1.1tAR$753.8bAR$63.1b20.4x17x1.4x
Fri, 25 Feb 2022AR$1.1tAR$731.4bAR$64.4b23.1x16.5x1.5x
Sun, 23 Jan 2022AR$1.0tAR$622.6bAR$49.0b22.4x20.5x1.6x
Tue, 21 Dec 2021AR$985.0bAR$616.4bAR$48.9b21.2x20.2x1.6x
Thu, 18 Nov 2021AR$1.0tAR$616.8bAR$61.9b15.8x16.6x1.7x
Sat, 16 Oct 2021AR$1.0tAR$616.8bAR$62.3b15.7x16.4x1.7x
Mon, 13 Sep 2021AR$1.0tAR$616.8bAR$62.3b15.4x16.8x1.7x
Wed, 11 Aug 2021AR$823.9bAR$631.6bAR$65.4b11.4x12.6x1.3x
Sun, 06 Jun 2021AR$784.2bAR$624.9bAR$80.0b11x9.8x1.3x
Price to Earnings Ratio

9.8x


Total Market Cap: AR$784.2bTotal Earnings: AR$80.0bTotal Revenue: AR$624.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Financials Sector Price to Earnings3Y Average 15.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Argentinean Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 11.7x which is lower than its 3-year average PE of 15.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 171% per year over the last three years.
  • Revenues for these companies have grown 165% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Argentinian Financials sector?

AR Market0.49%
Financials-1.52%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial0%
Consumer Finance0%
Insurance0%
Capital Markets-1.23%
Banks-1.55%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 22.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 13.7x.
Forecasted Growth
  • Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 17% over the next 5 years.
  • However this is lower than its past earnings growth rate of 155% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GGAL Grupo Financiero GaliciaAR$4.16k1.3%
+AR$77.2b		613.7%PB3x
VALO Banco de ValoresAR$317.001.9%
+AR$5.0b		206.3%PE31.9x
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Latest News

GGAL

AR$4,157.50

Grupo Financiero Galicia

7D

1.3%

1Y

613.7%

BMA

AR$7,524.15

Banco Macro

7D

-1.2%

1Y

775.9%

SUPV

AR$1,655.50

Grupo Supervielle

7D

-3.4%

1Y

671.1%

BBAR

AR$4,180.50

Banco BBVA Argentina

7D

-4.9%

1Y

477.4%

BHIP

AR$408.50

Banco Hipotecario

7D

-1.9%

1Y

1,338.4%

BPAT

AR$2,504.00

Banco Patagonia

7D

-11.8%

1Y

1,240.8%

MTR

AR$1,596.50

Matba Rofex

7D

-0.6%

1Y

159.2%

BYMA

AR$324.00

Bolsas y Mercados Argentinos

7D

-2.0%

1Y

321.9%

VALO

AR$317.00

Banco de Valores

7D

1.9%

1Y

206.3%