Evertec Inc - Understand $evtc stock

$EVTC Market Cap: $2.174 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$785.1M

TTM

Gross Margin

51.63%

TTM

Net Earnings

$69.40M

TTM

Current Assets

$530.8M

Q2 2024

Current Liabilities

$291.0M

Q2 2024

Current Ratio

182.42%

Q2 2024

Total Assets

$1.890B

Q2 2024

Total Liabilities

$1.364B

Q2 2024

Book Value

$525.5M

Q2 2024

Cash

$257.7M

Q2 2024

P/E

31.33

Sep 18, 2024 EST

Free Cash Flow

$140.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$694.7M	$618.4M	$589.8M	$510.6M	$487.4M	$453.9M	$407.1M	$389.5M	$373.5M	$361.8M	$358.4M	$342.5M	$321.1M	$297.4M	$276.3M	$281.1M
YoY Change	12.34%	4.85%	15.51%	4.76%	7.38%	11.48%	4.53%	4.28%	3.24%	0.94%	4.65%	6.65%	7.98%	7.64%	-1.71%	6.52%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$694.7M	$618.4M	$589.8M	$510.6M	$487.4M	$453.9M	$407.1M	$389.5M	$373.5M	$361.8M	$358.4M	$342.5M	$321.1M	$297.4M	$276.3M	$281.1M
Cost Of Revenue	$336.8M	$292.6M	$250.2M	$226.9M	$213.4M	$197.0M	$2.929M	$2.180M	$1.701M	$1.946M	$8.429M	$426.0K	$205.0K	$155.1M	$150.1M	$164.4M
Gross Profit	$358.0M	$325.8M	$339.6M	$283.7M	$274.0M	$256.9M	$404.2M	$387.3M	$371.8M	$359.8M	$350.0M	$342.1M	$320.9M	$142.3M	$126.2M	$116.7M
Gross Profit Margin	51.53%	52.68%	57.58%	55.56%	56.22%	56.6%	99.28%	99.44%	99.54%	99.46%	97.65%	99.88%	99.94%	47.85%	45.67%	41.52%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$128.2M	$89.77M	$68.05M	$70.81M	$61.41M	$68.72M	$56.16M	$46.99M	$37.28M	$41.28M	$38.81M	$31.69M	$33.34M	$35.40M	$25.60M	$27.60M
YoY Change	42.78%	31.92%	-3.9%	15.3%	-10.63%	22.36%	19.53%	26.04%	-9.69%	6.35%	22.48%	-4.96%	-5.82%	38.28%	-7.25%	13.11%
% of Gross Profit	35.81%	27.55%	20.04%	24.96%	22.41%	26.75%	13.89%	12.13%	10.03%	11.47%	11.09%	9.26%	10.39%	24.88%	20.29%	23.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$21.60M	$18.50M	$17.40M	$17.40M	$16.60M	$14.50M	$14.70M	$14.20M	$15.10M	$15.50M	$16.20M	$16.40M	$15.30M	$37.10M	$24.50M	$30.40M
YoY Change	16.76%	6.32%	0.0%	4.82%	14.48%	-1.36%	3.52%	-5.96%	-2.58%	-4.32%	-1.22%	7.19%	-58.76%	51.43%	-19.41%	-5.3%
% of Gross Profit	6.03%	5.68%	5.12%	6.13%	6.06%	5.64%	3.64%	3.67%	4.06%	4.31%	4.63%	4.79%	4.77%	26.07%	19.41%	26.05%
Operating Expenses	$128.2M	$89.77M	$68.05M	$70.81M	$61.41M	$68.72M	$56.16M	$46.99M	$37.28M	$41.28M	$38.81M	$31.69M	$33.34M	$72.60M	$50.10M	$58.10M
YoY Change	42.78%	31.92%	-3.9%	15.3%	-10.63%	22.36%	19.53%	26.04%	-9.69%	6.35%	22.48%	-4.96%	-54.08%	44.91%	-13.77%	2.65%
Operating Profit	$136.2M	$157.4M	$196.5M	$141.4M	$144.5M	$125.1M	$86.08M	$107.1M	$103.4M	$96.99M	$86.25M	$79.65M	$62.52M	$69.70M	$76.10M	$58.60M
YoY Change	-13.49%	-19.9%	38.99%	-2.15%	15.48%	45.36%	-19.66%	3.66%	6.57%	12.45%	8.29%	27.4%	-10.31%	-8.41%	29.86%	32.58%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	$32.32M	$24.77M	$22.81M	$25.07M	$28.81M	$30.04M	$29.86M	$24.62M	$24.27M	$25.77M	$37.42M	$54.33M	$50.96M	-$10.80M	$4.500M	$5.300M
YoY Change	30.47%	8.6%	-9.03%	-12.97%	-4.1%	0.61%	21.3%	1.45%	-5.84%	-31.12%	-31.13%	6.62%	-571.82%	-340.0%	-15.09%	43.24%
% of Operating Profit	23.74%	15.74%	11.61%	17.73%	19.94%	24.01%	34.69%	22.98%	23.48%	26.57%	43.38%	68.22%	81.51%	-15.49%	5.91%	9.04%
Other Income/Expense, Net	-$50.81M	$110.5M	-$14.81M	-$17.54M	-$27.83M	-$25.96M	-$25.88M	-$23.75M	-$21.32M	-$21.93M	-$111.9M	-$61.94M	-$67.53M	$1.000M	$7.900M	$9.400M
YoY Change	-146.0%	-845.84%	-15.57%	-36.97%	7.18%	0.31%	8.99%	11.4%	-2.79%	-80.41%	80.71%	-8.28%	-6852.8%	-87.34%	-15.96%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$85.35M	$267.9M	$181.7M	$123.9M	$116.7M	$99.17M	$60.20M	$83.40M	$82.04M	$75.06M	-$25.68M	$17.71M	-$5.013M	$25.20M	$88.50M	$73.50M
YoY Change	-68.13%	47.41%	46.71%	6.15%	17.66%	64.73%	-27.82%	1.65%	9.3%	-392.26%	-245.03%	-453.24%	-119.89%	-71.53%	20.41%	53.44%
Income Tax	$5.477M	$28.98M	$20.56M	$19.00M	$12.98M	$12.60M	$4.780M	$8.271M	-$3.335M	$8.901M	$1.435M	-$59.66M	-$29.23M	$8.600M	$30.70M	$23.90M
% Of Pretax Income	6.42%	10.82%	11.32%	15.34%	11.12%	12.7%	7.94%	9.92%	-4.06%	11.86%		-336.9%		34.13%	34.69%	32.52%
Net Earnings	$79.72M	$239.0M	$161.1M	$104.4M	$103.5M	$86.27M	$55.05M	$75.04M	$85.38M	$66.16M	-$27.12M	$77.37M	$24.21M	$16.70M	$59.70M	$53.20M
YoY Change	-66.64%	48.33%	54.29%	0.93%	19.94%	56.7%	-26.63%	-12.11%	29.05%	-343.97%	-135.05%	219.51%	44.99%	-72.03%	12.22%	49.02%
Net Earnings / Revenue	11.48%	38.65%	27.32%	20.45%	21.23%	19.01%	13.52%	19.26%	22.86%	18.29%	-7.57%	22.59%	7.54%	5.62%	21.61%	18.93%
Basic Earnings Per Share	$1.23	$3.48	$2.24	$1.45	$1.44	$1.19	$0.76	$1.01	$1.11	$0.84	-$0.34	$1.06	$0.33
Diluted Earnings Per Share	$1.21	$3.45	$2.21	$1.43	$1.41	$1.16	$0.76	$1.01	$1.11	$0.84	-$0.34	$1.01	$0.33	$231.6K	$831.5K	$735.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$295.6M	$197.2M	$266.4M	$202.6M	$111.0M	$70.00M	$50.40M	$51.90M	$28.70M	$32.10M	$22.50M	$25.60M	$56.20M	$55.20M
YoY Change	49.88%	-25.95%	31.47%	82.52%	58.57%	38.89%	-2.89%	80.84%	-10.59%	42.67%	-12.11%	-54.45%	1.81%
Cash & Equivalents	$295.6M	$197.2M	$266.4M	$202.6M	$111.0M	$70.00M	$50.40M	$51.90M	$28.70M	$32.10M	$22.50M	$25.60M	$56.20M	$55.20M
Short-Term Investments
Other Short-Term Assets	$130.3M	$60.82M	$66.47M	$71.70M	$70.70M	$61.30M	$44.30M	$34.70M	$38.70M	$31.40M	$38.70M	$43.50M	$35.40M	$23.60M
YoY Change	114.2%	-8.5%	-7.29%	1.41%	15.33%	38.37%	27.67%	-10.34%	23.25%	-18.86%	-11.03%	22.88%	50.0%
Inventory
Prepaid Expenses
Receivables	$135.5M	$131.1M	$103.5M	$84.70M	$94.20M	$84.90M	$74.10M	$71.70M	$67.30M	$65.60M	$57.20M	$60.90M	$60.60M	$62.20M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$561.4M	$389.1M	$436.4M	$359.0M	$276.0M	$216.2M	$168.7M	$158.3M	$134.7M	$129.1M	$118.4M	$130.0M	$152.2M	$141.1M
YoY Change	44.26%	-10.82%	21.55%	30.07%	27.66%	28.16%	6.57%	17.52%	4.34%	9.04%	-8.92%	-14.59%	7.87%
Property, Plant & Equipment	$77.25M	$72.31M	$69.76M	$71.10M	$73.80M	$36.80M	$37.90M	$38.90M	$34.10M	$29.50M	$33.20M	$36.70M	$36.70M	$43.70M
YoY Change	6.84%	3.65%	-1.88%	-3.66%	100.54%	-2.9%	-2.57%	14.08%	15.59%	-11.14%	-9.54%	0.0%	-16.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$32.65M	$16.88M	$15.20M	$13.10M	$13.00M	$12.10M	$13.10M	$12.30M	$12.30M	$11.80M	$10.60M	$11.10M	$12.30M	$0.00
YoY Change	93.46%	11.02%	16.05%	0.77%	7.44%	-7.63%	6.5%	0.0%	4.24%	11.32%	-4.5%	-9.76%
Other Assets	$79.24M	$29.72M	$16.84M	$11.70M	$7.500M	$8.300M	$4.500M	$6.100M	$2.300M	$11.40M	$18.20M	$24.50M	$25.00M	$44.20M
YoY Change	166.62%	76.52%	43.9%	56.0%	-9.64%	84.44%	-26.23%	165.22%	-79.82%	-37.36%	-25.71%	-2.0%	-43.44%
Total Long-Term Assets	$1.499B	$742.6M	$708.4M	$713.6M	$735.7M	$711.1M	$734.1M	$727.4M	$729.0M	$756.2M	$802.9M	$847.7M	$894.7M	$951.1M
YoY Change	101.84%	4.83%	-0.73%	-3.0%	3.46%	-3.13%	0.92%	-0.22%	-3.6%	-5.82%	-5.28%	-5.25%	-5.93%
Total Assets	$2.060B	$1.132B	$1.145B	$1.073B	$1.012B	$927.3M	$902.8M	$885.7M	$863.7M	$885.3M	$921.3M	$977.7M	$1.047B	$1.092B
YoY Change
Accounts Payable	$66.52M	$46.75M	$28.48M	$43.30M	$39.20M	$47.30M	$41.10M	$40.80M	$21.20M	$17.80M	$20.60M	$24.50M	$21.80M	$17.70M
YoY Change	42.28%	64.13%	-34.22%	10.46%	-17.12%	15.09%	0.74%	92.45%	19.1%	-13.59%	-15.92%	12.39%	23.16%
Accrued Expenses	$135.9M	$96.28M	$80.12M	$63.90M	$63.90M	$57.00M	$38.50M	$34.20M	$37.30M	$26.10M	$26.60M	$34.60M	$29.60M	$41.00M
YoY Change	41.11%	20.17%	25.38%	0.0%	12.11%	48.05%	12.57%	-8.31%	42.91%	-1.88%	-23.12%	16.89%	-27.8%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$20.00M	$0.00	$0.00	$0.00	$0.00	$12.00M	$28.00M	$17.00M	$23.00M	$51.20M	$27.00M	$0.00	$0.00
YoY Change	-100.0%					-100.0%	-57.14%	64.71%	-26.09%	-55.08%	89.63%
Long-Term Debt Due	$23.87M	$20.75M	$19.75M	$14.30M	$14.30M	$14.30M	$46.50M	$19.80M	$22.80M	$19.00M	$19.00M	$6.100M	$0.00	$3.600M
YoY Change	15.02%	5.06%	38.11%	0.0%	0.0%	-69.25%	134.85%	-13.16%	20.0%	0.0%	211.48%		-100.0%
Total Short-Term Liabilities	$298.3M	$208.4M	$152.9M	$153.0M	$144.3M	$136.7M	$147.2M	$129.2M	$102.5M	$91.10M	$123.8M	$96.90M	$65.00M	$78.80M
YoY Change	43.14%	36.32%	-0.08%	6.03%	5.56%	-7.13%	13.93%	26.05%	12.51%	-26.41%	27.76%	49.08%	-17.51%
Long-Term Debt	$946.8M	$389.5M	$444.8M	$481.0M	$510.9M	$524.1M	$557.3M	$599.7M	$619.3M	$647.6M	$665.7M	$730.7M	$523.8M	$558.6M
YoY Change	143.09%	-12.43%	-7.53%	-5.85%	-2.52%	-5.96%	-7.07%	-3.16%	-4.37%	-2.72%	-8.9%	39.5%	-6.23%
Other Long-Term Liabilities	$91.84M	$48.98M	$74.45M	$93.40M	$80.50M	$41.00M	$36.50M	$33.70M	$23.00M	$28.80M	$300.0K	$3.100M	$400.0K	$2.200M
YoY Change	87.52%	-34.22%	-20.29%	16.02%	96.34%	12.33%	8.31%	46.52%	-20.14%	9500.0%	-90.32%	675.0%	-81.82%
Total Long-Term Liabilities	$1.039B	$438.5M	$519.2M	$574.4M	$591.4M	$565.1M	$593.8M	$633.4M	$642.3M	$676.4M	$666.0M	$733.8M	$524.2M	$560.8M
YoY Change	136.88%	-15.55%	-9.6%	-2.87%	4.65%	-4.83%	-6.25%	-1.39%	-5.04%	1.56%	-9.24%	39.98%	-6.53%
Total Liabilities	$1.466B	$660.2M	$678.5M	$734.8M	$744.5M	$715.8M	$758.7M	$781.0M	$765.4M	$790.5M	$810.0M	$855.3M	$680.7M	$752.6M
YoY Change	122.04%	-2.7%	-7.66%	-1.3%	4.01%	-5.65%	-2.86%	2.04%	-3.18%	-2.41%	-5.3%	25.65%	-9.55%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	64.93M shares	68.70M shares	72.05M shares	71.94M shares	72.10M shares	72.61M shares	72.48M shares	74.13M shares	77.07M shares	78.34M shares	78.91M shares	72.69M shares	72.54M shares
Diluted Shares Outstanding	65.81M shares	69.31M shares	72.87M shares	73.05M shares	73.48M shares	74.42M shares	72.87M shares	74.47M shares	77.18M shares	78.89M shares	78.91M shares	76.64M shares	73.25M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $2.174 Billion

About Evertec Inc

EVERTEC, Inc. engages in the provision of transaction services. The firm provides a range of merchant acquiring, payment processing and business process management services. The firm operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually. The company offers a range of services for core bank processing, cash processing and technology outsourcing. The company owns and operates the ATH network, which is a personal identification number (PIN) debit network in Latin America. The company serves a range of financial institutions, merchants, corporations and government agencies with solutions that enable them to issue, process and accept transactions securely. The firm's range of services spans the entire transaction processing value chain and includes a range of front-end customer-facing solutions.

Industry: Services-Computer Processing & Data Preparation Peers: