Evertec, Inc. Experiences Revision in Its Stock Evaluation Amid Financial Metric Shifts

Evertec, Inc., a small-cap player in the regional banks sector, has recently undergone a valuation adjustment, reflecting shifts in its financial metrics. The company currently shows a P/E ratio of 19, alongside a price-to-book value of 4.35. Its EV to EBIT stands at 16.86, while the EV to EBITDA is recorded at 9.78. The firm also demonstrates a PEG ratio of 0.48 and a modest dividend yield of 0.55%. Notably, its return on capital employed (ROCE) is at 15.03%, and return on equity (ROE) is reported at 22.87%.
When compared to its peers, Evertec's valuation metrics present a mixed picture. For instance, Glacier Bancorp, Inc. is positioned with a higher P/E ratio of 26.08, while Hancock Whitney Corp. boasts a lower P/E at 12.21. The performance of Evertec has lagged behind the S&P 500 across various time frames, with a year-to-date return of -20.94% compared to the S&P's 14.40%. This context highlights the competitive landscape within the regional banking sector, where Evertec's financial performance and valuation metrics are critical for understanding its market position.