Evertec Stock Return On Equity
| EVTC Stock | USD 37.19 0.10 0.27% |
Evertec fundamentals help investors to digest information that contributes to Evertec's financial success or failures. It also enables traders to predict the movement of Evertec Stock. The fundamental analysis module provides a way to measure Evertec's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Evertec stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.13 | 0.13 |
Evertec | Return On Equity |
Evertec Company Return On Equity Analysis
Evertec's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Evertec Return On Equity | 0.14 |
Most of Evertec's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Evertec is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Evertec Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Evertec is extremely important. It helps to project a fair market value of Evertec Stock properly, considering its historical fundamentals such as Return On Equity. Since Evertec's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Evertec's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Evertec's interrelated accounts and indicators.
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Evertec Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Evertec has a Return On Equity of 0.1439. This is 101.2% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 146.42% lower than that of the firm.
Evertec Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evertec's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Evertec could also be used in its relative valuation, which is a method of valuing Evertec by comparing valuation metrics of similar companies.Evertec is currently under evaluation in return on equity category among related companies.
Evertec Current Valuation Drivers
We derive many important indicators used in calculating different scores of Evertec from analyzing Evertec's financial statements. These drivers represent accounts that assess Evertec's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Evertec's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.5B | 2.8B | 3.6B | 2.2B | 2.7B | 1.6B | |
| Enterprise Value | 2.9B | 3.1B | 3.8B | 2.5B | 3.3B | 2.0B |
Evertec Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0533 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 3.2 B | |||
| Shares Outstanding | 64.41 M | |||
| Shares Owned By Insiders | 0.79 % | |||
| Shares Owned By Institutions | 99.21 % | |||
| Number Of Shares Shorted | 1.82 M | |||
| Price To Earning | 20.85 X | |||
| Price To Book | 4.05 X | |||
| Price To Sales | 3.46 X | |||
| Revenue | 694.71 M | |||
| Gross Profit | 329.89 M | |||
| EBITDA | 236.03 M | |||
| Net Income | 79.72 M | |||
| Cash And Equivalents | 288.06 M | |||
| Cash Per Share | 4.31 X | |||
| Total Debt | 986.41 M | |||
| Debt To Equity | 0.93 % | |||
| Current Ratio | 2.94 X | |||
| Book Value Per Share | 9.08 X | |||
| Cash Flow From Operations | 224.29 M | |||
| Short Ratio | 4.09 X | |||
| Earnings Per Share | 1.21 X | |||
| Price To Earnings To Growth | 2.14 X | |||
| Target Price | 42.17 | |||
| Number Of Employees | 5 K | |||
| Beta | 1.19 | |||
| Market Capitalization | 2.42 B | |||
| Total Asset | 2.06 B | |||
| Retained Earnings | 538.9 M | |||
| Working Capital | 263.04 M | |||
| Current Asset | 134.72 M | |||
| Current Liabilities | 102.5 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.72 % | |||
| Net Asset | 2.06 B | |||
| Last Dividend Paid | 0.2 |
About Evertec Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evertec's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evertec using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evertec based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Evertec
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evertec position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evertec will appreciate offsetting losses from the drop in the long position's value.Moving against Evertec Stock
| 0.58 | SQ | Block Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.53 | BOX | Box Inc Financial Report 4th of June 2024 | PairCorr |
| 0.45 | DTSS | Datasea | PairCorr |
| 0.42 | FFIV | F5 Networks Fiscal Year End 22nd of October 2024 | PairCorr |
| 0.42 | FLYW | Flywire Corp Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Evertec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evertec when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evertec - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evertec to buy it.
The correlation of Evertec is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evertec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evertec moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evertec can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Evertec Piotroski F Score and Evertec Altman Z Score analysis. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Evertec Stock analysis
When running Evertec's price analysis, check to measure Evertec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evertec is operating at the current time. Most of Evertec's value examination focuses on studying past and present price action to predict the probability of Evertec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evertec's price. Additionally, you may evaluate how the addition of Evertec to your portfolios can decrease your overall portfolio volatility.
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Is Evertec's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evertec. If investors know Evertec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evertec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Dividend Share 0.2 | Earnings Share 1.21 | Revenue Per Share 10.699 | Quarterly Revenue Growth 0.203 |
The market value of Evertec is measured differently than its book value, which is the value of Evertec that is recorded on the company's balance sheet. Investors also form their own opinion of Evertec's value that differs from its market value or its book value, called intrinsic value, which is Evertec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evertec's market value can be influenced by many factors that don't directly affect Evertec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evertec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evertec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evertec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.