Banco Macro Sa Stock Beta
| BMA Stock | USD 80.01 1.79 2.19% |
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.
Banco | Beta |
Banco Macro SA Company Beta Analysis
Banco Macro's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Banco Macro Beta | 1.5 |
Most of Banco Macro's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Banco Macro SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Banco Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Banco Macro is extremely important. It helps to project a fair market value of Banco Stock properly, considering its historical fundamentals such as Beta. Since Banco Macro's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Banco Macro's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Banco Macro's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Banco Macro SA has a Beta of 1.496. This is 82.44% higher than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Banco Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Banco Macro's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Banco Macro could also be used in its relative valuation, which is a method of valuing Banco Macro by comparing valuation metrics of similar companies.Banco Macro is currently under evaluation in beta category among its peers.
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 | 42.1B | 14.8T | 15.6T |
Banco Macro ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Banco Macro's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Banco Macro's managers, analysts, and investors.Environmental | Governance | Social |
Banco Macro Institutional Holders
Institutional Holdings refers to the ownership stake in Banco Macro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Banco Macro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Banco Macro's value.| Shares | Ping Capital Management, Inc. | 2024-09-30 | 247.1 K | William Blair Investment Management, Llc | 2024-09-30 | 241.6 K | Axiom Investors | 2024-09-30 | 175.3 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 165.6 K | Lsv Asset Management | 2024-09-30 | 92.2 K | Goldman Sachs Group Inc | 2024-06-30 | 71.5 K | Dorsey Wright | 2024-06-30 | 66.4 K | Glenorchy Capital Ltd | 2024-09-30 | 61.1 K | Allspring Global Investments Holdings, Llc | 2024-06-30 | 50.9 K | Candriam Luxembourg S.c.a. | 2024-06-30 | 754.2 K | Tt International Asset Management Ltd | 2024-06-30 | 501.7 K |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Banco Macro will likely underperform.
Banco Fundamentals
| Return On Equity | 0.24 | |||
| Return On Asset | 0.0634 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | (0.79) % | |||
| Current Valuation | (4.75 T) | |||
| Shares Outstanding | 62.82 M | |||
| Shares Owned By Institutions | 11.03 % | |||
| Number Of Shares Shorted | 610.21 K | |||
| Price To Earning | 2.71 X | |||
| Price To Book | 1.61 X | |||
| Price To Sales | 0 X | |||
| Revenue | 3.15 B | |||
| Gross Profit | 491.99 B | |||
| EBITDA | 157.85 B | |||
| Net Income | 972.16 M | |||
| Cash And Equivalents | 501.03 B | |||
| Total Debt | 443.04 M | |||
| Debt To Equity | 5.66 % | |||
| Book Value Per Share | 4,993 X | |||
| Cash Flow From Operations | (95.24 M) | |||
| Short Ratio | 2.84 X | |||
| Earnings Per Share | 7.36 X | |||
| Price To Earnings To Growth | 0.90 X | |||
| Target Price | 85554.98 | |||
| Number Of Employees | 9.18 K | |||
| Beta | 1.5 | |||
| Market Capitalization | 5.66 B | |||
| Total Asset | 6.72 T | |||
| Retained Earnings | 227.4 M | |||
| Annual Yield | 0.26 % | |||
| Net Asset | 6.72 T | |||
| Last Dividend Paid | 628.29 |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Banco Macro SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Macro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banco Macro Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Macro Sa Stock: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.
Is Diversified Banks space 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 6.273 | Dividend Share 628.288 | Earnings Share 7.36 | Revenue Per Share 54.3 K | Quarterly Revenue Growth (0.53) |
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.