Financials Banco Mercantil do Brasil S.A.

Equities

BMEB4

BRBMEBACNPR5

Banks

Market Closed - Sao Paulo 04:00:00 2024-05-03 pm EDT 5-day change 1st Jan Change
26 BRL +12.55% Intraday chart for Banco Mercantil do Brasil S.A. +18.99% +53.94%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 369.7 683.2 859.9 1,214 1,046 1,998
Enterprise Value (EV) 1 -29.23 -544.2 -392.5 634.6 16.2 1,229
P/E ratio 6.91 x 5.6 x 5.64 x 6.14 x 5.22 x 4.19 x
Yield 9.43% 5.29% 4.47% 4.12% 4.99% -
Capitalization / Revenue 0.25 x 0.41 x 0.46 x 0.54 x 0.41 x 0.61 x
EV / Revenue -0.02 x -0.33 x -0.21 x 0.28 x 0.01 x 0.38 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.46 x 0.77 x 0.86 x 1.01 x 0.82 x 1.14 x
Nbr of stocks (in thousands) 104,832 104,832 104,832 104,832 104,483 104,483
Reference price 2 3.520 6.480 8.125 10.85 10.02 16.89
Announcement Date 2/22/19 2/21/20 2/11/21 2/18/22 3/8/23 2/7/24
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,469 1,664 1,855 2,251 2,573 3,270
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 127.6 85.76 203.7 133.1 264.1 543.3
Net income 1 53.4 121.4 151 184.5 200.6 420.9
Net margin 3.63% 7.29% 8.14% 8.2% 7.79% 12.87%
EPS 2 0.5094 1.158 1.441 1.768 1.920 4.028
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.3318 0.3431 0.3628 0.4468 0.4998 -
Announcement Date 2/22/19 2/21/20 2/11/21 2/18/22 3/8/23 2/7/24
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 399 1,227 1,252 579 1,029 769
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 7% 14% 15.6% 17% 16.1% 29%
ROA (Net income/ Total Assets) 0.6% 1.27% 1.48% 1.62% 1.47% 2.47%
Assets 1 8,872 9,550 10,190 11,394 13,633 17,030
Book Value Per Share 2 7.630 8.470 9.420 10.80 12.20 14.90
Cash Flow per Share 2 14.60 24.20 18.20 11.60 17.30 26.70
Capex 1 36.9 27 80.2 38.3 27 52.8
Capex / Sales 2.51% 1.62% 4.32% 1.7% 1.05% 1.61%
Announcement Date 2/22/19 2/21/20 2/11/21 2/18/22 3/8/23 2/7/24
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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