Evertec provides various transaction processing services to financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company was founded in 2004 and is based in San Juan, Puerto Rico.
EVTC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for EVERTEC Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that EVERTEC Inc ranked in the 36th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of EVERTEC Inc, consider:
The compound growth rate in the free cash flow of EVERTEC Inc over the past 5.43 years is 0.05%; that's higher than only 23.78% of free cash flow generating stocks in the Technology sector.
82% of the company's capital comes from equity, which is greater than 63.46% of stocks in our cash flow based forecasting set.
EVERTEC Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 4.84. This coverage rate is greater than that of 61.55% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as EVTC, try ALTR, MEI, TEAM, ENTG, and NVDA.
Evertec, Inc. (EVTC) provides payment services for Puerto Rico and various countries in the Caribbean and Latin America. The majority of Evertec's revenue is generated in Puerto Rico and according to Moody's, Evertec is: the dominant payments processor and a provider of the leading ATM and PIN debit networks. The...
Puerto Rico-based payments processing company Evertec Inc (NYSE: EVTC ) is exploring multiple strategic options that include a potential sale, according to a Bloomberg report Tuesday. What Happened: The report states the company is working with a financial advisor to identify potential acquirers. Some of the suitors it could appeal … Full story available on Benzinga.com
Evertec ([[EVTC]] +11.4%) shares soar to a 52-week high after Bloomberg reports the company has hired a financial adviser help it explore strategic options including a potential sale.Evertec is working with a financial adviser to field interest from potential buyers, according to the report, which also says the company could...