Financials BMC Bolsa Mercantil de Colombia S.A.

Equities

BMC

COR02PA00018

Financial & Commodity Market Operators

End-of-day quote Bolsa De Valores De Colombia 03:30:00 07/06/2024 am IST 5-day change 1st Jan Change
1,910 COP 0.00% Intraday chart for BMC Bolsa Mercantil de Colombia S.A. 0.00% +15.06%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 43,926 43,807 86,431 43,215 95,310 95,310
Enterprise Value (EV) 1 -10,520 -10,264 30,128 -13,330 41,428 27,503
P/E ratio 5.46 x 3.92 x 6.25 x 2.73 x 5.91 x 4.28 x
Yield - - - - 14.5% 20.3%
Capitalization / Revenue 1.25 x 1.04 x 1.65 x 0.77 x 1.55 x 1.2 x
EV / Revenue -0.3 x -0.24 x 0.58 x -0.24 x 0.67 x 0.35 x
EV / EBITDA -0.9 x -0.69 x 1.76 x -0.71 x 1.76 x 0.9 x
EV / FCF -0.67 x -2.6 x 3.18 x -2.68 x 5.87 x 1.24 x
FCF Yield -150% -38.5% 31.5% -37.2% 17% 80.7%
Price to Book 0.6 x 0.55 x 1.03 x 0.5 x 1.09 x 1 x
Nbr of stocks (in thousands) 59,199 59,199 59,199 59,199 59,199 59,199
Reference price 2 742.0 740.0 1,460 730.0 1,610 1,610
Announcement Date 02/04/18 05/03/19 28/02/20 05/03/21 30/03/22 30/03/23
1COP in Million2COP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 35,102 42,207 52,291 56,470 61,465 79,337
EBITDA 1 11,741 14,854 17,126 18,709 23,481 30,689
EBIT 1 11,242 14,333 16,383 18,143 21,270 28,252
Operating Margin 32.03% 33.96% 31.33% 32.13% 34.6% 35.61%
Earnings before Tax (EBT) 1 14,972 17,644 19,170 21,560 21,958 31,652
Net income 1 8,044 11,184 13,834 15,840 16,124 22,270
Net margin 22.92% 26.5% 26.46% 28.05% 26.23% 28.07%
EPS 2 135.9 188.9 233.7 267.6 272.4 376.2
Free Cash Flow 1 15,749 3,948 9,476 4,965 7,052 22,192
FCF margin 44.87% 9.36% 18.12% 8.79% 11.47% 27.97%
FCF Conversion (EBITDA) 134.14% 26.58% 55.33% 26.54% 30.03% 72.31%
FCF Conversion (Net income) 195.78% 35.3% 68.5% 31.34% 43.74% 99.65%
Dividend per Share - - - - 232.7 327.1
Announcement Date 02/04/18 05/03/19 28/02/20 05/03/21 30/03/22 30/03/23
1COP in Million2COP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 54,446 54,071 56,302 56,545 53,883 67,808
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 15,749 3,948 9,476 4,965 7,052 22,192
ROE (net income / shareholders' equity) 11.6% 14.6% 16.9% 18.5% 18.5% 24.4%
ROA (Net income/ Total Assets) 8.52% 9.69% 10.6% 11.3% 13.1% 15.6%
Assets 1 94,467 1,15,383 1,31,085 1,40,198 1,22,851 1,42,707
Book Value Per Share 2 1,237 1,345 1,420 1,474 1,473 1,616
Cash Flow per Share 2 70.40 96.40 71.60 119.0 71.50 222.0
Capex 1 971 802 205 187 - 4,031
Capex / Sales 2.77% 1.9% 0.39% 0.33% - 5.08%
Announcement Date 02/04/18 05/03/19 28/02/20 05/03/21 30/03/22 30/03/23
1COP in Million2COP
Estimates
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