Evertec Intrinsic Value Calculation – EVERTEC Reports Positive Third Quarter Results

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EVERTEC ($NYSE:EVTC) operates in Latin America and Caribbean, providing payment and transaction processing services. It also provides solutions for payment processing and integrated commerce activities, such as cash processing, payment processing and integrated commerce activities, as well as bank switch network services. The company’s strong third quarter performance is attributed to the continued growth in its payment, integrated commerce, and switching businesses. Furthermore, increased demand for its financial transaction services drove up its revenues year-over-year.

Overall, this positive report is a testament to EVERTEC’s strong financial performance. The company remains optimistic about its future prospects and is confident that it can maintain its strong results going forward.

Share Price

On Wednesday, payment processor EVERTEC reported positive third quarter results. The company’s stock opened at $33.6 and closed at $33.4, down by 0.1% from its last closing price of 33.4. This demonstrates that the overall financial results of the quarter were widely accepted by investors.

This was driven by strong growth in payment processing revenues and increased demand for international services, such as remittance and card processing. The company believes that its investments in new products and services will continue to yield positive results in the quarters ahead. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Evertec. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Evertec. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Evertec. More…

Key Ratios Snapshot

Some of the financial key ratios for Evertec are shown below. More…

Analysis – Evertec Intrinsic Value Calculation

We at GoodWhale recently conducted an analysis of EVERTEC‘s wellbeing and are excited to share the results. Our proprietary Valuation Line reveals that the intrinsic value of EVERTEC’s shares is around $46.3, making it currently undervalued by 27.9%, with its stock being traded at just $33.4. This presents a great opportunity for investors that are looking to gain access to a company that has a strong intrinsic value and potential for growth. More…

Peers

The company offers a wide range of products and services that enable businesses to accept and process electronic payments. Evertec Inc’s competitors include Euronet Worldwide Inc, EVO Payments Inc, and DLocal Ltd.

– Euronet Worldwide Inc ($NASDAQ:EEFT)

Euronet Worldwide is a leading global provider of electronic transaction processing solutions for the financial and retail industries. The company has a market cap of 4.5 billion and a return on equity of 18.5%. Euronet provides a comprehensive range of services that enable financial institutions, retailers and other businesses to process transactions electronically. These services include ATM and point-of-sale (POS) services, card issuing and acquiring, mobile payments, cross-border money transfer, and other payment-related services. Euronet has a strong presence in Europe, Asia Pacific, the Middle East, Africa and the United States.

– EVO Payments Inc ($NASDAQ:EVOP)

Evo Payments, Inc. is a holding company, which engages in the provision of payment processing services. It offers merchant acquiring and processing solutions, which enable merchants to accept a variety of payment types, including credit, debit, prepaid, and alternative payments. The company was founded in 1989 and is headquartered in Atlanta, GA.

– DLocal Ltd ($NASDAQ:DLO)

DLocal is a leading cross-border payments platform that enables businesses to make and receive payments in local currencies across Africa, Asia, Latin America, and the Middle East. The company has a market cap of 4.11B as of 2022 and a return on equity of 23.96%. DLocal is headquartered in London, UK.

Summary

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