Financials Bolsas y Mercados Argentinos S.A.

Equities

BYMA

ARBYMA300018

Financial & Commodity Market Operators

End-of-day quote Buenos Aires S.E. 23:00:00 08/05/2024 BST 5-day change 1st Jan Change
1,620 ARS -2.23% Intraday chart for Bolsas y Mercados Argentinos S.A. +5.67% +92.12%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 14,426 12,058 23,356 39,650 82,922 321,584
Enterprise Value (EV) 1 -6,798 -31,042 -37,123 -34,791 -61,294 -274,701
P/E ratio 7.8 x 6.7 x 7.99 x -32 x - 3.06 x
Yield - - 2.16% - 6.75% -
Capitalization / Revenue 2.9 x 3.51 x 5.28 x 6.11 x 6.9 x 6.19 x
EV / Revenue -1.37 x -9.04 x -8.39 x -5.36 x -5.1 x -5.29 x
EV / EBITDA -1.96 x -25.5 x -14.3 x -14.1 x -12.3 x -9.97 x
EV / FCF -1 x -3.11 x -57.9 x 2.46 x -45.4 x -1.2 x
FCF Yield -100% -32.2% -1.73% 40.7% -2.2% -83.5%
Price to Book 1.55 x 0.8 x 1.02 x 1.21 x - 1.13 x
Nbr of stocks (in thousands) 762,500 750,126 758,296 762,500 762,500 762,500
Reference price 2 18.92 16.07 30.80 52.00 108.8 421.8
Announcement Date 11/03/19 19/02/20 10/03/21 09/03/22 15/03/23 07/03/24
1ARS in Million2ARS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,971 3,436 4,426 6,490 12,018 51,938
EBITDA 1 3,464 1,218 2,587 2,476 4,971 27,552
EBIT 1 3,380 1,047 2,327 2,088 4,285 25,076
Operating Margin 68% 30.48% 52.58% 32.17% 35.65% 48.28%
Earnings before Tax (EBT) 1 2,843 2,297 4,260 149.5 2,966 127,863
Net income 1 1,851 1,831 2,939 -1,240 605.6 105,157
Net margin 37.24% 53.29% 66.41% -19.1% 5.04% 202.47%
EPS 2 2.427 2.401 3.855 -1.626 - 137.9
Free Cash Flow 1 6,825 9,981 641.6 -14,153 1,350 229,258
FCF margin 137.31% 290.51% 14.5% -218.06% 11.23% 441.41%
FCF Conversion (EBITDA) 197.01% 819.19% 24.8% - 27.16% 832.08%
FCF Conversion (Net income) 368.73% 545.15% 21.83% - 222.93% 218.02%
Dividend per Share - - 0.6667 - 7.344 -
Announcement Date 11/03/19 19/02/20 10/03/21 09/03/22 15/03/23 07/03/24
1ARS in Million2ARS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 21,224 43,100 60,479 74,441 144,215 596,285
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 6,825 9,981 642 -14,153 1,350 229,258
ROE (net income / shareholders' equity) 21.8% 12.4% 13.5% -3.68% 0.97% 44.3%
ROA (Net income/ Total Assets) 7.48% 1.23% 1.82% 1.17% 1.36% 1.98%
Assets 1 24,733 148,508 161,056 -105,555 44,462 5,310,950
Book Value Per Share 2 12.20 20.20 30.30 42.90 - 372.0
Cash Flow per Share 2 19.20 35.70 58.80 61.30 - 437.0
Capex 1 30.7 189 166 242 234 592
Capex / Sales 0.62% 5.49% 3.75% 3.72% 1.95% 1.14%
Announcement Date 11/03/19 19/02/20 10/03/21 09/03/22 15/03/23 07/03/24
1ARS in Million2ARS
Estimates
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