Banco Macro Sa Stock Filter Stocks by Fundamentals
| BMA Stock | USD 53.27 3.45 6.92% |
Banco Macro SA fundamentals help investors to digest information that contributes to Banco Macro's financial success or failures. It also enables traders to predict the movement of Banco Stock. The fundamental analysis module provides a way to measure Banco Macro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Banco Macro stock.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 1.4 K | 1.4 K |
Banco | Cash per Share |
Banco Macro Current Valuation Drivers
We derive many important indicators used in calculating different scores of Banco Macro from analyzing Banco Macro's financial statements. These drivers represent accounts that assess Banco Macro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Banco Macro's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.4T | 837.1B | 920.5B | 1.9T | 14.8T | 15.6T | |
| Enterprise Value | 1.3T | 515.1B | 569.5B | 56.4B | 14.4T | 15.1T |
Banco Fundamentals
| Return On Equity | 0.32 | ||||
| Return On Asset | 0.0888 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | (2.64 T) | ||||
| Shares Outstanding | 63.94 M | ||||
| Shares Owned By Institutions | 5.33 % | ||||
| Number Of Shares Shorted | 954.82 K | ||||
| Price To Earning | 2.71 X | ||||
| Price To Book | 2.83 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 2.84 T | ||||
| Gross Profit | 491.99 B | ||||
| EBITDA | 152.82 B | ||||
| Net Income | 587.3 B | ||||
| Cash And Equivalents | 501.03 B | ||||
| Total Debt | 460.02 B | ||||
| Debt To Equity | 5.66 % | ||||
| Book Value Per Share | 3,197 X | ||||
| Cash Flow From Operations | 1.25 T | ||||
| Short Ratio | 2.50 X | ||||
| Earnings Per Share | 0.54 X | ||||
| Price To Earnings To Growth | 0.90 X | ||||
| Target Price | 45.63 | ||||
| Number Of Employees | 9.19 K | ||||
| Beta | 1.72 | ||||
| Market Capitalization | 3.75 B | ||||
| Total Asset | 6.72 T | ||||
| Retained Earnings | 1.42 T | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 6.72 T |
About Banco Macro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Banco Macro SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Banco Macro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Banco Macro SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Banco Macro
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Macro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Macro will appreciate offsetting losses from the drop in the long position's value.Moving together with Banco Stock
| 0.96 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.85 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
Moving against Banco Stock
| 0.85 | EBTC | Enterprise Bancorp Earnings Call Today | PairCorr |
| 0.67 | VABK | Virginia National | PairCorr |
| 0.65 | EBMT | Eagle Bancorp Montana Earnings Call Today | PairCorr |
| 0.62 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
| 0.62 | EFSC | Enterprise Financial Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Banco Macro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Macro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Macro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Macro SA to buy it.
The correlation of Banco Macro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Macro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Macro SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Macro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Banco Macro Piotroski F Score and Banco Macro Altman Z Score analysis. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Banco Stock analysis
When running Banco Macro's price analysis, check to measure Banco Macro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Macro. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Macro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.275 | Earnings Share 0.54 | Revenue Per Share 44.5 K | Quarterly Revenue Growth 1.304 | Return On Assets 0.0888 |
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.