Evertec Free Cash Flow vs Market Capitalization Analysis

EVTC Stock  USD 39.62  1.24  3.23%   
Trend analysis of Evertec balance sheet accounts such as Other Current Liabilities of 189.2 M or Total Current Liabilities of 158.7 M provides information on Evertec's total assets, liabilities, and equity, which is the actual value of Evertec to its prevalent stockholders. By breaking down trends over time using Evertec balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.

About Evertec Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Evertec at a specified time, usually calculated after every quarter, six months, or one year. Evertec Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Evertec and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Evertec currently owns. An asset can also be divided into two categories, current and non-current.

Evertec Balance Sheet Chart

Evertec Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Evertec uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Evertec's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 565.8 M, whereas Total Assets are forecasted to decline to about 1.2 B.

Total Assets

Total assets refers to the total amount of Evertec assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Evertec books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Evertec balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Evertec are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Evertec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evertec current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.At present, Evertec's Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense22.8M24.8M40.6M25.9M
Depreciation And Amortization83.1M92.0M99.9M81.1M

Evertec fundamental ratios Correlations

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0.770.120.750.860.420.640.52-0.270.860.670.910.620.680.080.620.910.750.76-0.95-0.95-0.570.480.190.98-0.09
0.80.390.750.550.660.730.7-0.130.790.870.720.590.31-0.050.340.720.90.85-0.72-0.67-0.360.490.110.73-0.16
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0.29-0.120.420.660.290.660.79-0.460.690.780.54-0.01-0.28-0.02-0.10.540.670.35-0.42-0.520.22-0.040.60.32-0.29
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0.630.240.680.310.69-0.280.2-0.120.060.330.150.510.710.270.640.510.270.55-0.72-0.57-0.780.53-0.320.730.25
0.2-0.110.08-0.050.33-0.020.280.17-0.280.12-0.070.270.130.27-0.060.27-0.040.04-0.07-0.03-0.120.020.30.030.06
0.510.620.620.340.29-0.1-0.03-0.010.520.230.230.370.670.64-0.060.370.130.59-0.54-0.53-0.380.82-0.320.74-0.43
0.72-0.060.910.720.90.540.80.67-0.530.950.611.00.460.510.270.370.790.65-0.84-0.87-0.570.280.430.83-0.1
0.670.070.750.90.650.670.850.76-0.430.910.80.790.370.27-0.040.130.790.67-0.72-0.69-0.370.210.310.66-0.01
0.970.620.760.850.60.350.540.450.130.570.750.650.920.550.040.590.650.67-0.74-0.6-0.430.82-0.020.78-0.14
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Click cells to compare fundamentals

Evertec Account Relationship Matchups

Evertec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.1B1.1B2.1B1.2B
Short Long Term Debt Total555.6M523.5M486.6M447.0M986.4M503.3M
Other Current Liab64.5M64.6M81.7M99.7M180.2M189.2M
Total Current Liabilities144.3M153.0M152.9M208.4M298.3M158.7M
Total Stockholder Equity267.2M337.7M466.2M471.5M594.3M624.0M
Other Liab45.6M73.7M47.0M48.3M55.5M37.4M
Property Plant And Equipment Net73.8M71.1M69.8M72.3M77.2M54.8M
Current Deferred Revenue20.7M25.0M17.4M15.2M21.1M13.0M
Net Debt444.6M320.9M220.2M249.7M667.7M415.1M
Retained Earnings296.5M379.9M506.1M487.3M538.9M565.8M
Accounts Payable39.2M43.3M28.5M46.8M66.5M39.6M
Cash111.0M202.6M266.4M197.2M318.7M334.6M
Non Current Assets Total735.7M713.5M708.4M742.6M1.5B898.3M
Non Currrent Assets Other5.3M6.0M9.9M24.0M34.8M36.5M
Other Assets4.3M52.4M16.9M15.5M17.8M16.6M
Long Term Debt510.9M481.0M458.2M389.5M946.8M994.2M
Cash And Short Term Investments111.0M202.6M266.4M197.2M318.7M334.6M
Net Receivables106.8M95.7M113.3M131.1M137.6M102.8M
Good Will399.5M397.7M393.3M423.4M791.7M458.9M
Common Stock Total Equity720K721K719K648K583.2K583.1K
Common Stock Shares Outstanding73.5M73.1M72.9M69.3M65.8M59.4M
Liabilities And Stockholders Equity1.0B1.1B1.1B1.1B2.1B1.2B
Non Current Liabilities Total595.7M577.2M521.6M448.6M1.1B717.3M
Inventory39.2M43.7M38.0M18.4M21.2M27.1M
Other Current Assets19.0M17.0M18.8M42.4M97.3M102.2M
Other Stockholder Equity296.5M5.3M7.6M487.3M36.5M34.7M
Total Liab740.1M730.2M674.5M657.0M1.4B876.1M
Property Plant And Equipment Gross73.8M71.1M69.8M72.3M221.4M232.4M
Total Current Assets276.0M359.0M436.4M389.1M553.6M581.3M
Accumulated Other Comprehensive Income(30.0M)(48.3M)(48.1M)(16.5M)18.2M19.1M
Short Term Debt20.0M20.1M25.3M46.7M30.6M27.8M
Intangible Assets241.9M219.9M213.3M200.3M518.1M544.0M
Common Stock720K721K719K648K654K578.5K
Property Plant Equipment43.8M43.5M48.5M56.4M64.8M43.7M
Noncontrolling Interest In Consolidated Entity4.4M4.7M4.1M3.2M3.7M3.1M
Retained Earnings Total Equity296.5M379.9M506.1M487.3M560.5M588.5M
Deferred Long Term Liab4.3M2.7M2.4M10.1M9.1M11.2M
Net Tangible Assets(374.2M)(279.8M)(140.4M)(152.2M)(175.0M)(183.8M)
Long Term Investments12.3M12.8M12.1M22.1M32.7M16.9M

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

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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.
Pair CorrelationCorrelation Matching
When determining whether Evertec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evertec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evertec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evertec Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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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.