Financials Financiera Independencia S.A.B. de C.V. SOFOM E.N.R.

Equities

FINDEP *

MX00FI050003

Consumer Lending

End-of-day quote Mexican S.E. 06:00:00 2024-02-26 pm EST 5-day change 1st Jan Change
10.3 MXN +3.00% Intraday chart for Financiera Independencia S.A.B. de C.V. SOFOM E.N.R. -.--% +3.00%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,020 1,497 2,750 2,288 2,483 2,483
Enterprise Value (EV) 1 8,434 7,921 9,838 7,100 7,145 7,363
P/E ratio 9.23 x 5.89 x 7.64 x -4.45 x 7.14 x 3.92 x
Yield - - - - - -
Capitalization / Revenue 0.58 x 0.42 x 0.74 x 0.73 x 0.73 x 0.71 x
EV / Revenue 2.41 x 2.22 x 2.64 x 2.26 x 2.1 x 2.1 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.47 x 0.35 x 0.61 x 0.56 x 0.56 x 0.53 x
Nbr of stocks (in thousands) 325,827 317,124 323,508 311,320 310,363 310,363
Reference price 2 6.200 4.720 8.500 7.350 8.000 8.000
Announcement Date 4/30/18 5/2/19 4/30/20 4/30/21 5/3/22 4/28/23
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,503 3,566 3,727 3,143 3,403 3,512
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 300.6 354.2 451.4 100.7 658.7 900.9
Net income 1 225.4 262.1 323.9 -412.7 346.9 625
Net margin 6.44% 7.35% 8.69% -13.13% 10.19% 17.8%
EPS 2 0.6715 0.8011 1.112 -1.653 1.120 2.040
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/30/18 5/2/19 4/30/20 4/30/21 5/3/22 4/28/23
1MXN in Million2MXN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 6,413 6,424 7,088 4,812 4,662 4,880
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 5.45% 6.23% 7.57% 1.09% 11.3% 13.7%
ROA (Net income/ Total Assets) 1.85% 2.15% 2.62% 0.4% 4.52% 5.64%
Assets 1 12,177 12,197 12,383 -104,390 7,667 11,086
Book Value Per Share 2 13.30 13.60 13.90 13.10 14.30 15.20
Cash Flow per Share 2 1.130 1.390 1.450 2.770 1.450 3.390
Capex 1 63.3 53.7 89.2 34.3 23.9 51.5
Capex / Sales 1.81% 1.51% 2.39% 1.09% 0.7% 1.47%
Announcement Date 4/30/18 5/2/19 4/30/20 4/30/21 5/3/22 4/28/23
1MXN in Million2MXN
Estimates
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