Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Mexican Stock Exchange  >  Gentera, S.A.B. de C.V.    GENTERA *   MX01GE0E0004

GENTERA, S.A.B. DE C.V.

(GENTERA *)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector news

Gentera B de C : 03-06-2020 GENTERA announces the decision made by FITCH Ratings

share with twitter share with LinkedIn share with facebook
06/03/2020 | 10:16pm EDT

GENTERA ANNOUNCES THE DECISION

MADE BY FITCH RATINGS

Mexico City, Mexico, June 3, 2020 - GENTERA, S.A.B. de C.V., ("GENTERA") (BMV: GENTERA*) informs that Banco Compartamos S.A. I.B.M., the main subsidiary of GENTERA, received a change in its national scale rating by the rating agency FITCH Ratings ("FITCH").

Fitch Ratings changed Banco Compartamos Ratings, keeping the outlook to negative:

-National scale long-term, and senior unsecured ratings were changed to 'AA(mex)' and 'AA(mex)', from 'AA+(mex) and 'AA+(mex)', respectively.

According to the press report issued, Fitch Ratings stated:

"...The adjustment resulted in several rating reviews for issuers in different sectors including financial institutions, corporations, insurers, infrastructure, and regional and local government entities.

Rating reviews are used to modify ratings for reasons that are not related to credit quality in order to reflect changes in national scales in a given country and relative risk levels… "

***

About GENTERA

GENTERA, S.A.B. de C.V. (formerly Compartamos, S.A.B. de C.V.) is a holding company whose primary objective is to promote, organize and manage companies, domestic and international, that are subject to its investment policies. GENTERA was established in 2010 and is headquartered in Mexico. Its shares began trading on the Mexican Stock Exchange on December 24, 2010 under the ticker symbol COMPARC*. On January 2, 2014, the ticker symbol was changed to GENTERA*.

Note on Forward-Looking Statements

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, Company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

For additional information, please contact:

Enrique Barrera Flores, Investor Relations Officer

Brenda García Cárdenas, Investor Relations

Telephone: +52 (55) 5276-7379

Disclaimer

Gentera SAB de CV published this content on 03 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 June 2020 02:15:07 UTC

share with twitter share with LinkedIn share with facebook
All news about GENTERA, S.A.B. DE C.V.
08/10GENTERA B DE C : 10-08-2020 GENTERA announces that it formalized its majority st..
PU
06/30GENTERA B DE C : 30-06-2020 GENTERA announces that it formalized the sale of Pag..
PU
06/03GENTERA B DE C : 03-06-2020 GENTERA announces the decision made by FITCH Ratings
PU
04/06GENTERA B DE C : 06-04-2020 GENTERA informs the decision made by the Board of Di..
PU
04/03GENTERA B DE C : 03-04-2020 GENTERA announces the decision made by Fitch Ratings
PU
2019GENTERA B DE C : 10-06-2019 Gentera announces the decision made by Fitch Ratings
PU
2019GENTERA B DE C : 10-04-2019 Gentera announces the decision made by Fitch Ratings
PU
2019GENTERA SAB DE CV : Ex-dividend day for interim dividend
FA
2018GENTERA SAB DE CV : Ex-dividend day for final dividend
FA
2018GENTERA SAB DE CV : Ex-dividend day for interim dividend
FA
More news
Financials
Sales 2020 17 402 M 778 M 778 M
Net income 2020 -1 116 M -49,9 M -49,9 M
Net Debt 2020 4 036 M 180 M 180 M
P/E ratio 2020 -108x
Yield 2020 0,92%
Capitalization 10 097 M 450 M 451 M
EV / Sales 2020 0,81x
EV / Sales 2021 1,02x
Nbr of Employees 22 301
Free-Float 68,9%
Chart GENTERA, S.A.B. DE C.V.
Duration : Period :
Gentera, S.A.B. de C.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GENTERA, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 13,71 MXN
Last Close Price 6,36 MXN
Spread / Highest target 293%
Spread / Average Target 116%
Spread / Lowest Target 10,1%
EPS Revisions
Managers
NameTitle
Enrique Majós Ramírez Chief Executive Officer
Carlos Antonio Danel Cendoya Co-Chairman
Mario Ignacio Langarica Àvila Chief Financial Officer
Carlos Labarthe Costas Director
John Anthony Santa María Otazúa Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GENTERA, S.A.B. DE C.V.-67.33%455
BAJAJ FINANCE LIMITED0.00%27 104
DISCOVER FINANCIAL SERVICES-33.44%17 301
ORIX CORPORATION-24.65%16 404
SYNCHRONY FINANCIAL-28.38%15 055
ACOM CO., LTD.-7.44%6 809