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EVTC

EVTC - EVERTEC Inc Stock Price, Fair Value and News

38.56USD+0.29 (+0.76%)Delayed as of 26 Apr 2024, 12:57 pm ET

Market Summary

EVTC
USD38.56+0.29
Delayedas of 26 Apr 2024, 12:57 pm
0.76%

EVTC Stock Price

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EVTC RSI Chart

EVTC Valuation

Market Cap

2.5B

Price/Earnings (Trailing)

31.44

Price/Sales (Trailing)

3.61

EV/EBITDA

14.94

Price/Free Cashflow

12.35

EVTC Price/Sales (Trailing)

EVTC Profitability

EBT Margin

12.29%

Return on Equity

13.41%

Return on Assets

3.87%

Free Cashflow Yield

8.1%

EVTC Fundamentals

EVTC Revenue

Revenue (TTM)

694.7M

Rev. Growth (Yr)

20.29%

Rev. Growth (Qtr)

12.37%

EVTC Earnings

Earnings (TTM)

79.7M

Earnings Growth (Yr)

-59.9%

Earnings Growth (Qtr)

14.85%

Breaking Down EVTC Revenue

52 Week Range

33.1142.03
(Low)(High)

Last 7 days

2.9%

Last 30 days

-0.3%

Last 90 days

-5.6%

Trailing 12 Months

20.8%

How does EVTC drawdown profile look like?

EVTC Financial Health

Current Ratio

1.88

Debt/Equity

1.59

Debt/Cashflow

0.24

EVTC Investor Care

Dividend Yield

0.52%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

0.72%

Diluted EPS (TTM)

1.21

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023628.0M634.5M661.9M694.7M
2022600.5M611.9M611.9M618.4M
2021528.2M559.4M568.8M589.8M
2020490.5M485.9M503.6M510.6M
2019462.4M471.6M478.4M487.4M
2018416.1M426.0M435.3M453.9M
2017395.3M401.1M409.4M407.1M
2016377.5M381.8M383.3M389.5M
2015365.9M367.9M372.0M373.5M
2014358.5M360.7M362.1M361.8M
2013347.3M352.1M355.7M358.4M
2012326.5M331.8M337.1M342.5M
2011000321.1M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of EVERTEC Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 11, 2024
d'angelo frank g.
sold
-598,832
37.427
-16,000
-
Mar 08, 2024
brignardello daniel
sold (taxes)
-65,754
36.92
-1,781
executive vice president
Mar 08, 2024
schuessler morgan m
sold
-2,203,510
37.025
-59,514
president & ceo
Mar 07, 2024
rodriguez-gonzalez luis a
acquired
606,854
36.92
16,437
general counsel & evp
Mar 07, 2024
rodriguez-gonzalez luis a
sold (taxes)
-171,752
36.92
-4,652
general counsel & evp
Mar 07, 2024
schuessler morgan m
acquired
4,636,970
36.92
125,595
president & ceo
Mar 07, 2024
castrillo-salgado joaquin a.
acquired
1,156,930
36.92
31,336
evp & cfo
Mar 07, 2024
schuessler morgan m
sold (taxes)
-684,644
36.92
-18,544
president & ceo
Mar 07, 2024
vizcarrondo miguel
acquired
985,173
36.92
26,684
executive vice president
Mar 07, 2024
castrillo-salgado joaquin a.
sold (taxes)
-212,364
36.92
-5,752
evp & cfo

1–10 of 50

Which funds bought or sold EVTC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 24, 2024
Willis Investment Counsel
added
3.09
6,639
1,418,090
0.10%
Apr 24, 2024
Robeco Institutional Asset Management B.V.
sold off
-100
-15,844
-
-%
Apr 24, 2024
Simplicity Wealth,LLC
new
-
821,504
821,504
0.02%
Apr 24, 2024
Solstein Capital, LLC
unchanged
-
-165
6,304
-%
Apr 24, 2024
Polaris Capital Management, LLC
unchanged
-
-51,792
1,987,020
0.10%
Apr 23, 2024
Venturi Wealth Management, LLC
unchanged
-
-151
5,786
-%
Apr 23, 2024
WETZEL INVESTMENT ADVISORS, INC.
unchanged
-
298
298
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-29.44
-364,000
802,000
0.01%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-2.74
-70,126
1,276,800
0.03%
Apr 23, 2024
FIFTH THIRD BANCORP
added
4.89
373
17,117
-%

1–10 of 49

Are Funds Buying or Selling EVTC?

Are funds buying EVTC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EVTC
No. of Funds

Unveiling EVERTEC Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.33%
7,453,242
SC 13G/A
Feb 13, 2024
kayne anderson rudnick investment management llc
6.01%
3,886,452
SC 13G/A
Feb 12, 2024
american century investment management inc
4.99%
3,284,225
SC 13G/A
Feb 09, 2024
capital international investors
5.5%
3,615,781
SC 13G/A
Jan 22, 2024
blackrock inc.
15.7%
10,163,355
SC 13G/A
Feb 14, 2023
kayne anderson rudnick investment management llc
6.84%
4,458,996
SC 13G/A
Feb 13, 2023
capital international investors
6.4%
4,194,489
SC 13G/A
Feb 13, 2023
boston partners
3.01%
1,963,827
SC 13G/A
Feb 09, 2023
vanguard group inc
11.73%
7,645,778
SC 13G/A
Feb 08, 2023
american century investment management inc
5.28%
3,445,281
SC 13G/A

Recent SEC filings of EVERTEC Inc

View All Filings
Date Filed Form Type Document
Apr 18, 2024
8-K
Current Report
Apr 10, 2024
DEF 14A
DEF 14A
Apr 10, 2024
DEFA14A
DEFA14A
Apr 05, 2024
3
Insider Trading
Mar 21, 2024
8-K
Current Report
Mar 12, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading

Peers (Alternatives to EVERTEC Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.0T
236.6B
-5.25% 35.26%
34.42
12.54
13.97% 24.86%
212.2B
19.9B
-6.69% 30.46%
44.2
10.64
10.76% 1.35%
71.1B
3.1B
-9.73% 140.01%
795.84
23.27
36.33% 148.75%
44.3B
21.9B
-13.13% 20.19%
6.5K
2.02
25.01% 101.26%
15.4B
3.8B
-5.78% 29.33%
28.16
4.05
5.40% 4.57%
10.7B
2.8B
-2.72% 39.21%
23.21
3.81
3.55% 53.13%
MID-CAP
6.7B
612.7M
-2.27% 20.86%
-751.06
10.94
7.07% 79.45%
6.4B
583.1M
21.47% 19.39%
-33.36
10.91
22.54% 30.49%
3.5B
1.5B
2.25% 35.99%
28.7
2.4
2.16% -14.54%
2.6B
545.4M
-4.16% 1.12%
-23.75
4.85
16.53% 26.16%
SMALL-CAP
1.4B
1.2B
-4.25% -5.66%
20.71
1.21
7.30% 93.18%
1.0B
251.7M
0.44% -4.23%
25.31
4.02
-10.22% -14.79%
455.4M
601.1M
-0.39% 45.07%
-27.86
0.76
4.88% -183.51%
19.8M
7.0M
3.04% -50.94%
-2.3
2.91
-55.73% -45.27%
13.6M
15.6M
24.30% 49.44%
-1.37
0.88
-6.37% -5256.07%

EVERTEC Inc News

Latest updates
MarketBeat • 22 Apr 2024 • 10:17 am
Business Wire • 18 Apr 2024 • 08:05 pm
Yahoo Finance • 13 Mar 2024 • 07:00 am
Yahoo Finance • 11 Mar 2024 • 07:00 am
Business Wire • 06 Mar 2024 • 08:00 am
Yahoo Finance • 02 Mar 2024 • 08:00 am
Nasdaq • 29 Feb 2024 • 08:00 am
Seeking Alpha • 28 Feb 2024 • 08:00 am

EVERTEC Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue12.4%195173167160162146161150155146149140134137118122127119123119118
Costs and Expenses29.4%17313413212012112211410410599.0095.0095.0095.0093.0092.0089.0093.0084.0085.0081.0090.00
  S&GA Expenses45.7%44.0030.0030.0024.0023.0026.0020.0020.0018.0017.0017.0016.0019.0017.0018.0017.0016.0015.0015.0015.0023.00
EBITDA Margin-6.3%0.30*0.32*0.56*0.57*0.60*0.62*0.45*0.47*0.47*0.47*0.48*----------
Interest Expenses168.5%15.006.006.006.007.007.006.006.006.006.006.006.006.006.006.007.007.007.007.008.007.00
Income Taxes119.2%1.00-4.867.003.006.009.008.006.006.007.003.005.003.007.005.005.003.004.002.004.002.00
Earnings Before Taxes149.9%13.005.0035.0033.0035.0014741.0045.0047.0042.0052.0040.0036.0041.0020.0027.0028.0029.0030.0031.0022.00
EBT Margin-24.3%0.12*0.16*0.39*0.41*0.43*0.46*0.29*0.31*0.31*0.30*0.30*----------
Net Income14.8%12.0010.0028.0030.0029.0013834.0039.0041.0035.0049.0036.0032.0034.0016.0022.0025.0025.0027.0027.0020.00
Net Income Margin-21.7%0.11*0.15*0.35*0.37*0.39*0.41*0.24*0.27*0.27*0.27*0.27*----------
Free Cashflow73.8%56.0032.0064.0050.0054.0023.0058.0062.0040.0060.0073.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets68.7%2,0601,2211,1721,1371,1321,1211,1691,1621,1451,1081,0711,0411,0731,0281,0129791,012980950969927
  Current Assets39.5%561402394368389397490474436403356320359319303260276245206217216
    Cash Equivalents66.2%29617819217418521628028425824420015622114414710413110364.0073.0087.00
  Net PPE9.6%62.0057.0058.0057.0056.0050.0048.0050.0049.0043.0041.0042.0044.0043.0041.0042.0044.0043.0045.0046.0037.00
  Goodwill82.2%79243443843442341833.00389393395397396398395396394399396396396395
Liabilities108.0%1,425685633626657666657666674681673685730718733717740731722752712
  Current Liabilities19.9%298249199183208179166161153153137137153138151128144128115148137
  Short Term Borrowings-100.0%-6.00--20.00---------15.00----15.00-
  Long Term Debt152.7%947375380385389427433439445449454459481484488491511514517521524
    LT Debt, Current15.0%24.0021.0021.0021.0021.0029.0023.0021.0020.0018.0017.0016.0014.0014.0014.0014.0014.0014.0014.0014.0014.00
    LT Debt, Non Current152.7%947375380385389427433439445449454459481484488491511514517521524
Shareholder's Equity11.6%594532538511472455513495470428398356342310279263272249229216216
  Retained Earnings1.5%539531529508487481546526506469437398380351320308296275253237229
  Additional Paid-In Capital729.6%37.004.00----2.00-8.004.00--5.007.004.00--3.00--6.00
Shares Outstanding1.3%65.0065.0065.0065.0065.0066.0071.0072.0072.0072.0072.0072.00---------
Minority Interest4.5%4.004.004.003.003.003.004.004.004.004.004.004.005.004.004.004.004.004.004.004.004.00
Float---763---1,296---2,628---1,044---1,452--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations63.4%60,83237,22071,72754,51164,35229,10762,22167,68152,56563,82677,28334,74677,93033,90753,32733,92543,78260,21746,61129,33944,291
  Share Based Compensation2.4%6,9206,7566,4995,5575,2165,2965,1654,2793,8563,7083,8553,3803,4683,6633,6393,4833,4023,4533,4363,2792,900
Cashflow From Investing-755.3%-402,499-47,062-21,734-36,637-27,322-59,810-31,902-14,290-23,515-13,269-12,623-34,413-11,714-18,473-9,035-9,412-15,485-14,243-21,663-13,956-16,310
Cashflow From Financing4715.5%472,122-10,229-18,044-40,579-57,260-40,712-22,627-36,169-7,208-7,208-18,153-48,716-11,837-22,8343,412-31,358-13,110-7,589-33,900-15,628-45,231
  Dividend Payments1.8%3,2903,2323,2543,2493,2583,3383,5793,5983,5983,5983,6083,6053,5963,5937,193-3,5963,5973,6103,6173,637
  Buy Backs60.1%12,5027,8089,5216,26924,06837,31714,03621,179--10,12014,268-339679-7,3003,35125310,71017,48610,000

EVTC Income Statement

2023-12-31
Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Revenues$ 694,709$ 618,409$ 589,796
Operating costs and expenses   
Cost of revenues, exclusive of depreciation and amortization shown below336,756292,621250,164
Selling, general and administrative expenses128,17289,77068,048
Depreciation and amortization93,62178,61875,070
Total operating costs and expenses558,549461,009393,282
Income from operations136,160157,400196,514
Non-operating income (expenses)   
Interest income8,5123,1211,889
Interest expense(32,321)(24,772)(22,810)
Gain on sale of a business0135,6420
(Loss) gain on foreign currency remeasurement(8,276)(7,645)1,897
Loss on foreign currency swap(24,065)00
Earnings of equity method investment4,9762,9681,713
Other income, net3671,1382,502
Total non-operating (expenses) income(50,807)110,452(14,809)
Income before income taxes85,353267,852181,705
Income tax expense5,47728,98320,562
Net income79,876238,869161,143
Less: Net income (loss) attributable to non-controlling interests154(140)13
Net income attributable to EVERTEC, Inc.’s common stockholders79,722239,009161,130
Other comprehensive income (loss), net of tax of $598, $1,447 and $1,153   
Foreign currency translation adjustments38,32812,490(11,129)
(Loss) gain on cash flow hedges(3,618)19,21511,151
Unrealized (loss) gain on change in fair value of debt securities available-for-sale(15)(68)109
Total comprehensive income attributable to EVERTEC, Inc.’s common stockholders$ 114,417$ 270,646$ 161,261
Net income per common share - basic attributable to EVERTEC, Inc.’s common stockholders (in dollar per share)$ 1.23$ 3.48$ 2.24
Net income per common share - diluted attributable to EVERTEC, Inc.’s common stockholders (in dollar per share)$ 1.21$ 3.45$ 2.21

EVTC Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 295,600$ 185,274
Restricted cash23,07318,428
Accounts receivable, net126,510111,493
Settlement assets51,46731,542
Prepaid expenses and other assets64,70442,392
Total current assets561,354389,129
Debt securities available-for-sale, at fair value2,0952,203
Equity securities, at fair value9,4130
Investment in equity investee21,14514,661
Property and equipment, net62,45356,387
Operating lease right-of-use asset14,79615,918
Goodwill791,700423,392
Other intangible assets, net518,070200,320
Deferred tax asset47,8475,701
Derivative asset4,3857,440
Net investment in leases014
Other long-term assets27,00516,578
Total assets2,060,2631,131,743
Current Liabilities:  
Accrued liabilities129,16080,666
Accounts payable66,51629,730
Contract liability21,05515,226
Income tax payable3,4029,406
Current portion of long-term debt23,86720,750
Short-term borrowings020,000
Current portion of operating lease liability6,6935,936
Settlement liabilities47,62026,696
Total current liabilities298,313208,410
Long-term debt946,816389,498
Deferred tax liability87,91610,111
Contract liability - long term41,82534,068
Operating lease liability - long-term9,03310,788
Other long-term liabilities40,9844,120
Total liabilities1,424,887656,995
Commitments and contingencies (Note 25)
Redeemable non-controlling interests36,9680
Stockholders’ equity  
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued00
Common stock, par value $0.01; 206,000,000 shares authorized; 65,450,799 shares issued and outstanding at December 31, 2023 (December 31, 2022 - 64,847,233)654648
Additional paid-in capital36,5270
Accumulated earnings538,903487,349
Accumulated other comprehensive income (loss), net of tax18,209(16,486)
Total EVERTEC, Inc. stockholders’ equity594,293471,511
Non-controlling interest4,1153,237
Total equity598,408474,748
Total liabilities and equity$ 2,060,263$ 1,131,743
EVTC
EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; and Business Solutions segments. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. In addition, the company offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers services. Further, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. Additionally, the company owns and operates the ATH network, an automated teller machine and personal identification number debit networks. It manages a system of electronic payment networks that process approximately six billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.
 CEO
 WEBSITEevertecinc.com
 INDUSTRYSoftware - Infra
 EMPLOYEES2700

EVERTEC Inc Frequently Asked Questions


What is the ticker symbol for EVERTEC Inc? What does EVTC stand for in stocks?

EVTC is the stock ticker symbol of EVERTEC Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of EVERTEC Inc (EVTC)?

As of Thu Apr 25 2024, market cap of EVERTEC Inc is 2.5 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EVTC stock?

You can check EVTC's fair value in chart for subscribers.

What is the fair value of EVTC stock?

You can check EVTC's fair value in chart for subscribers. The fair value of EVERTEC Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of EVERTEC Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EVTC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is EVERTEC Inc a good stock to buy?

The fair value guage provides a quick view whether EVTC is over valued or under valued. Whether EVERTEC Inc is cheap or expensive depends on the assumptions which impact EVERTEC Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EVTC.

What is EVERTEC Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, EVTC's PE ratio (Price to Earnings) is 31.44 and Price to Sales (PS) ratio is 3.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EVTC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on EVERTEC Inc's stock?

In the past 10 years, EVERTEC Inc has provided 0.061 (multiply by 100 for percentage) rate of return.