Company Valuation: First BanCorp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,817 2,336 2,824 3,027 3,253 3,999 - -
Change - -17.07% 20.87% 7.2% 7.44% 22.96% - -
Enterprise Value (EV) 2,817 2,336 2,824 3,027 3,253 3,999 3,999 3,999
Change - -17.07% 20.87% 7.2% 7.44% 22.96% 0% 0%
P/E 10.5x 8x 9.62x 10.3x 9.64x 11.1x 10.5x 9.72x
PBR 1.32x 1.75x 1.86x 1.82x 1.65x 2.12x 1.94x 1.85x
PEG - 0.4x 1.27x 1.76x 0.5x 0.9x 1.79x 1.25x
Capitalization / Revenue 3.31x 2.54x 3.04x 3.23x 3.25x 3.73x 3.57x 3.45x
EV / Revenue 0x 0x 0x 0x 0x 3.73x 3.57x 3.45x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 7.11x 6.92x 6.65x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.31 0.46 0.56 0.64 0.72 0.8217 0.95 0.9275
Rate of return 2.25% 3.62% 3.4% 3.44% 3.47% 3.08% 3.56% 3.48%
EPS 2 1.31 1.59 1.71 1.81 2.15 2.405 2.546 2.744
Distribution rate 23.7% 28.9% 32.7% 35.4% 33.5% 34.2% 37.3% 33.8%
Net sales 1 851.1 918.4 929.8 938.2 1,001 1,073 1,120 1,158
EBITDA - - - - - - - -
EBIT 1 391.5 475.3 459.5 452.2 499.2 562.6 578 601.1
Net income 1 277.3 305.1 302.9 298.7 344.9 369.4 371 379.8
Net Debt - - - - - - - -
Reference price 2 13.78 12.72 16.45 18.59 20.73 26.68 26.68 26.68
Nbr of stocks (in thousands) 204,440 183,665 171,656 162,839 156,901 149,906 - -
Announcement Date 26/01/22 27/01/23 24/01/24 23/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.1x - - 3.08% 4B
13.62x - - 1.88% 901B
6.25x - - 4.97% 430B
6.82x - - 4.66% 382B
11.58x - - 2.35% 352B
6.3x - - 4.93% 341B
6.76x - - 4.73% 316B
10.75x - - 4.91% 295B
17.65x - - 2.39% 283B
11.4x - - 2.27% 251B
Average 10.22x 3.62% 355.56B
Weighted average by Cap. 10.40x 3.47%

Y-o-Y evolution of P/E

Valuation ratios - P/E - First BanCorp.

Historical PBR trend

Valuation ratios - PBR - First BanCorp.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - First BanCorp.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - First BanCorp.


Year-on-year evolution of the Yield

Valuation ratios - Yield - First BanCorp.
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