Financials American Express Company Buenos Aires S.E.

Equities

AXP

ARDEUT110046

Consumer Lending

End-of-day quote Buenos Aires S.E. 23:00:00 24/06/2024 BST 5-day change 1st Jan Change
20,218 ARS -0.47% Intraday chart for American Express Company +4.62% +66.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 101,867 97,356 126,717 110,404 136,523 165,864 - -
Enterprise Value (EV) 1 101,867 97,356 126,717 110,404 136,523 165,864 165,864 165,864
P/E ratio 15.6 x 32.1 x 16.3 x 15 x 16.7 x 17.9 x 15.6 x 13.7 x
Yield 1.32% 1.42% 1.05% 1.41% 1.28% 1.22% 1.3% 1.47%
Capitalization / Revenue 2.34 x 2.7 x 2.99 x 2.09 x 2.26 x 2.5 x 2.29 x 2.12 x
EV / Revenue 2.34 x 2.7 x 2.99 x 2.09 x 2.26 x 2.5 x 2.29 x 2.12 x
EV / EBITDA - - - - 7.99 x 6.76 x 6.06 x 5.51 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 4.7 x 4.55 x 6.05 x 4.75 x 5.12 x 5.36 x 4.78 x 4.53 x
Nbr of stocks (in thousands) 818,271 805,190 774,556 747,233 728,746 719,303 - -
Reference price 2 124.5 120.9 163.6 147.8 187.3 230.6 230.6 230.6
Announcement Date 24/01/20 26/01/21 25/01/22 27/01/23 26/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 43,556 36,087 42,380 52,862 60,515 66,439 72,370 78,376
EBITDA 1 - - - - 17,087 24,524 27,386 30,084
EBIT 1 12,002 9,026 9,270 11,767 15,436 18,193 19,387 20,268
Operating Margin 27.56% 25.01% 21.87% 22.26% 25.51% 27.38% 26.79% 25.86%
Earnings before Tax (EBT) 1 8,429 4,296 10,689 9,585 10,513 12,164 13,535 14,917
Net income 1 6,663 3,036 7,917 7,400 8,252 9,282 10,359 11,433
Net margin 15.3% 8.41% 18.68% 14% 13.64% 13.97% 14.31% 14.59%
EPS 2 7.990 3.770 10.02 9.850 11.21 12.92 14.81 16.82
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.640 1.720 1.720 2.080 2.400 2.808 2.994 3.394
Announcement Date 24/01/20 26/01/21 25/01/22 27/01/23 26/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 12,145 11,735 13,395 13,556 14,176 14,281 15,054 15,381 15,799 15,801 16,616 16,798 17,278 17,210 17,996
EBITDA - - - - - - - - - - - - - - -
EBIT 1 2,359 2,679 2,953 3,237 2,898 3,222 4,000 4,333 3,949 4,414 4,488 4,441 4,455 4,588 4,892
Operating Margin 19.42% 22.83% 22.05% 23.88% 20.44% 22.56% 26.57% 28.17% 25% 27.93% 27.01% 26.44% 25.79% 26.66% 27.18%
Earnings before Tax (EBT) 1 2,306 2,712 2,543 2,459 1,871 2,167 2,734 3,100 2,512 3,145 3,083 3,088 2,853 3,129 3,432
Net income 1 1,679 2,069 1,964 1,851 1,546 1,788 2,142 2,418 1,904 2,405 2,344 2,347 2,167 2,370 2,589
Net margin 13.82% 17.63% 14.66% 13.65% 10.91% 12.52% 14.23% 15.72% 12.05% 15.22% 14.11% 13.97% 12.54% 13.77% 14.39%
EPS 2 2.180 2.730 2.570 2.470 2.070 2.400 2.890 3.300 2.620 3.330 3.258 3.296 3.065 3.481 3.700
Dividend per Share 2 0.4300 0.5200 0.5200 0.5200 0.5200 0.6000 0.6000 0.6000 0.6000 0.7000 0.7000 0.7100 0.7100 0.7800 0.7800
Announcement Date 25/01/22 22/04/22 22/07/22 21/10/22 27/01/23 20/04/23 21/07/23 20/10/23 26/01/24 19/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 30.4% 13.2% 35.2% 30.2% 31.5% 31.8% 32.4% 34.1%
ROA (Net income/ Total Assets) 3.54% 1.56% 4.17% 3.55% 3.37% 3.41% 3.59% 3.53%
Assets 1 188,487 194,503 189,993 208,498 244,728 272,170 288,652 324,342
Book Value Per Share 2 26.50 26.60 27.10 31.10 36.60 43.00 48.30 50.90
Cash Flow per Share 16.40 6.940 18.50 - - - - -
Capex 1,645 1,478 1,550 - 1,563 - - -
Capex / Sales 3.78% 4.1% 3.66% - 2.58% - - -
Announcement Date 24/01/20 26/01/21 25/01/22 27/01/23 26/01/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
29
Last Close Price
230.6 USD
Average target price
237.8 USD
Spread / Average Target
+3.14%
Consensus
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