Banco Macro Profitability Analysis

BMA
 Stock
  

USD 13.66  0.05  0.36%   

For Banco Macro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Banco Macro to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Banco Macro SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Banco Macro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Banco Macro SA over time as well as its relative position and ranking within its peers. Continue to Trending Equities.
  
The current year Price to Sales Ratio is expected to grow to 0.50. The current year Return on Sales is expected to grow to 0.13. The current year Income Tax Expense is expected to grow to about 1.2 B, whereas Accumulated Other Comprehensive Income is forecasted to decline to about 70.7 B.

Banco Macro Revenues

206.36 Billion

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 YOY
0.77
Market Capitalization
862.6 M
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0312
Return On Equity
0.13
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 Banco Macro value 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.

Banco Macro SA Price to Earnings To Growth vs. Number of Employees Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Banco Macro's current stock value. Our valuation model uses many indicators to compare Banco Macro value to that of its competitors to determine the firm's financial worth.
Banco Macro SA is number one stock in number of employees category among related companies. It is number one stock in price to earnings to growth category among related companies . The ratio of Number of Employees to Price to Earnings To Growth for Banco Macro SA is about  61,400 . The current year Earnings before Tax is expected to grow to about 24.4 B, whereas Earnings Before Interest Taxes and Depreciation Amortization EBITDA are forecasted to decline to about 29.5 B.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Banco Macro by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Banco Macro's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Banco Macro's earnings, one of the primary drivers of an investment's value.

Banco Number of Employees vs. Competition

Banco Macro SA is number one stock in number of employees category among related companies. The total workforce of Banks—Regional industry is currently estimated at about 54,982. Banco Macro retains roughly 7,982 in number of employees claiming about 15% of stocks in Banks—Regional industry.

Banco Price to Earnings To Growth vs. Number of Employees

Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Banco Macro 
Number of Employees 
 = 
Full Time 
+  
Part Time 
7.98 K
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Banco Macro 
PEG Ratio 
 = 
PE Ratio 
EPS Growth 
0.13 X
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.

Banco Macro Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Banco Macro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Banco Macro will eventually generate negative long term returns. The profitability progress is the general direction of Banco Macro's change in net profit over the period of time. It can combine multiple indicators of Banco Macro, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Accumulated Other Comprehensive Income85.5 B70.7 B
Consolidated Income22.9 B19 B
Net Income22.9 B19 B
Net Income Common Stock22.9 B19 B
Net Income to Non Controlling Interests747 K689.9 K
Operating Income90.4 B71.6 B
Income Tax Expense1.2 B1.2 B
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina. Banco Macro operates under Banks - Regional classification in the United States and is traded on New York Stock Exchange. It employs 7982 people.

Banco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Banco Macro. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Banco Macro position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Banco Macro's important profitability drivers and their relationship over time.

Banco Macro Profitability Trends

Banco Macro profitability trend refers to the progression of profit or loss within a business. An upward trend means that Banco Macro's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Banco Macro's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Banco Macro Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Banco Macro different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Banco Macro in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Banco Macro's future profitability.

Use Banco Macro in pair-trading

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.

Banco Macro Pair Trading

Banco Macro SA Pair Trading Analysis

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 equities. 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Banco Macro position

In addition to having Banco Macro in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Baby Boomer Prospects
Baby Boomer Prospects Theme
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Baby Boomer Prospects Theme or any other thematic opportunities.
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Continue to Trending Equities. Note that the Banco Macro SA information on this page should be used as a complementary analysis to other Banco Macro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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To fully project Banco Macro's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Banco Macro SA at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Banco Macro's income statement, its balance sheet, and the statement of cash flows.
Potential Banco Macro investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Banco Macro investors may work on each financial statement separately, they are all related. The changes in Banco Macro's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Banco Macro's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.