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Grupo Financiero Banorte, S.A.B. de C.V is currently in a long term uptrend where the price is trading 18.5% above its 200 day moving average.
From a valuation standpoint, the stock is 94.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.3.
Grupo Financiero Banorte, S.A.B. de C.V's total revenue rose by 57.6% to $35B since the same quarter in the previous year.
Its net income has dropped by 1.2% to $9B since the same quarter in the previous year.
Finally, its free cash flow fell by 91.2% to $366M since the same quarter in the previous year.
Based on the above factors, Grupo Financiero Banorte, S.A.B. de C.V gets an overall score of 3/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | MXP370711014 |
Sector | Financial Services |
Industry | Banks - Regional |
Market Cap | 21B |
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PE Ratio | 7.95 |
Target Price | 168.56 |
Dividend Yield | 9.4% |
Beta | 0.35 |
Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing. It is also involved in investment planning, foreign currency purchase/sale, financial advice, brokerage, asset management, investment banking, letters of credit, bank guarantees, and leasing and factoring activities. In addition, the company sells mutual funds and debt and capital instruments; issues debit cards; and provides insurance services for car, home, life, medical, employee, and SMEs, as well as cash management services for collection, trustees, payroll, and lines of credit. Further, it provides online banking, POS, payment, reconciliation, documentary collection, import bills of exchange discount, International wire transfer, remittances, storage, inventory management, logistics, marketing, and payroll services. The company was founded in 1899 and is based in Mexico City, Mexico.
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