Financials Block, Inc. Buenos Aires S.E.

Equities

SQ

ARBCOM460374

Business Support Services

End-of-day quote Buenos Aires S.E. 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
3,962 ARS +0.30% Intraday chart for Block, Inc. -2.68% +5.23%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 26,881 98,142 74,501 37,583 47,771 39,540 - -
Enterprise Value (EV) 1 26,280 96,876 73,747 36,527 45,792 36,093 32,523 30,232
P/E ratio 77.2 x 495 x 489 x -67.6 x 3,868 x 34.3 x 26.5 x 17.3 x
Yield - - - - - - - -
Capitalization / Revenue 11.8 x 10.3 x 4.22 x 2.14 x 2.18 x 1.58 x 1.41 x 1.3 x
EV / Revenue 11.6 x 10.2 x 4.18 x 2.08 x 2.09 x 1.44 x 1.16 x 0.99 x
EV / EBITDA 63 x 204 x 72.8 x 36.9 x 25.5 x 12.9 x 9.22 x 6.87 x
EV / FCF 65.2 x 398 x 103 x 7,179 x -912 x 16.9 x 10.7 x 9.01 x
FCF Yield 1.53% 0.25% 0.97% 0.01% -0.11% 5.9% 9.37% 11.1%
Price to Book 17.7 x 37.3 x 22.9 x 2.19 x 2.54 x 1.96 x 1.71 x 1.5 x
Nbr of stocks (in thousands) 4,29,681 4,50,937 4,61,276 5,98,071 6,17,599 6,17,042 - -
Reference price 2 62.56 217.6 161.5 62.84 77.35 64.08 64.08 64.08
Announcement Date 26/02/20 23/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,275 9,498 17,661 17,532 21,916 25,081 27,995 30,479
EBITDA 1 416.9 474.1 1,014 991 1,792 2,791 3,529 4,402
EBIT 1 26.56 -18.82 161.1 -624.5 -278.8 1,018 1,736 2,749
Operating Margin 1.17% -0.2% 0.91% -3.56% -1.27% 4.06% 6.2% 9.02%
Earnings before Tax (EBT) 1 378.2 216 157.5 -565.3 -29.14 1,345 1,789 2,847
Net income 1 375.4 213.1 166.3 -540.7 9.772 1,163 1,567 2,516
Net margin 16.5% 2.24% 0.94% -3.08% 0.04% 4.64% 5.6% 8.25%
EPS 2 0.8100 0.4400 0.3300 -0.9300 0.0200 1.869 2.418 3.699
Free Cash Flow 1 403.2 243.2 713.5 5.088 -50.19 2,130 3,048 3,354
FCF margin 17.73% 2.56% 4.04% 0.03% -0.23% 8.49% 10.89% 11%
FCF Conversion (EBITDA) 96.72% 51.3% 70.39% 0.51% - 76.33% 86.36% 76.19%
FCF Conversion (Net income) 107.39% 114.12% 429.09% - - 183.16% 194.48% 133.33%
Dividend per Share 2 - - - - - - - -
Announcement Date 26/02/20 23/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 4,079 3,961 4,404 4,516 4,651 4,990 5,535 5,617 5,773 5,957 6,267 6,342 6,470 6,551 6,948
EBITDA 1 184.2 195.4 187.3 327.4 280.9 368.4 384.4 477.5 562.2 705.1 684.6 677.4 719.9 813.2 867.5
EBIT 1 -54.61 -226.8 -213.8 -48.79 -135.2 -6.172 -132.1 -9.908 -130.7 249.7 234.2 227.9 259.8 367.4 402.8
Operating Margin -1.34% -5.73% -4.85% -1.08% -2.91% -0.12% -2.39% -0.18% -2.26% 4.19% 3.74% 3.59% 4.02% 5.61% 5.8%
Earnings before Tax (EBT) 1 -74.39 -209.1 -208 -36.03 -112.2 -21.38 -129.5 15.77 106 506.3 264.5 257.3 287.8 382.1 421
Net income 1 -76.83 -204.2 -208 -14.71 -113.8 -16.84 -122.5 -28.95 178.1 472 225.4 218.4 248.3 350.8 395.5
Net margin -1.88% -5.16% -4.72% -0.33% -2.45% -0.34% -2.21% -0.52% 3.08% 7.92% 3.6% 3.44% 3.84% 5.35% 5.69%
EPS 2 -0.1700 -0.3800 -0.3600 -0.0200 -0.1800 -0.0300 -0.2000 -0.0500 0.2800 0.7400 0.3744 0.3621 0.4181 0.5754 0.6238
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 24/02/22 05/05/22 04/08/22 03/11/22 23/02/23 04/05/23 03/08/23 02/11/23 22/02/24 02/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 601 1,266 754 1,056 1,979 3,447 7,017 9,308
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 403 243 714 5.09 -50.2 2,130 3,048 3,354
ROE (net income / shareholders' equity) 27% 19.1% 29.9% 5.93% 6.28% 9.11% 11.2% 12.4%
ROA (Net income/ Total Assets) 11.2% 5.83% 7.49% -2.33% 3.44% 4.61% 6.12% 6.19%
Assets 1 3,357 3,655 2,219 23,195 283.7 25,216 25,594 40,639
Book Value Per Share 2 3.530 5.840 7.040 28.70 30.40 32.80 37.60 42.70
Cash Flow per Share 2 1.000 0.7500 1.690 0.3000 0.1600 3.880 5.600 6.790
Capex 1 62.5 138 134 171 151 206 252 326
Capex / Sales 2.75% 1.46% 0.76% 0.97% 0.69% 0.82% 0.9% 1.07%
Announcement Date 26/02/20 23/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
48
Last Close Price
64.08 USD
Average target price
91.18 USD
Spread / Average Target
+42.30%
Consensus