Company Valuation: First BanCorp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,817 2,336 2,824 3,027 3,253 4,363 - -
Change - -17.07% 20.87% 7.2% 7.44% 34.15% - -
Enterprise Value (EV) 2,817 2,336 2,824 3,027 3,253 4,363 4,363 4,363
Change - -17.07% 20.87% 7.2% 7.44% 34.15% 0% 0%
P/E 10.5x 8x 9.62x 10.3x 9.64x 12x 11.4x 10.9x
PBR 1.32x 1.75x 1.86x 1.82x 1.65x 2.15x 2x 1.77x
PEG - 0.4x 1.27x 1.76x 0.5x 1x 2.25x 2.11x
Capitalization / Revenue 3.31x 2.54x 3.04x 3.23x 3.25x 3.99x 3.85x 3.85x
EV / Revenue 0x 0x 0x 0x 0x 3.99x 3.85x 3.85x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 7.52x 7.25x -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.31 0.46 0.56 0.64 0.72 0.7967 0.872 -
Rate of return 2.25% 3.62% 3.4% 3.44% 3.47% 2.77% 3.03% -
EPS 2 1.31 1.59 1.71 1.81 2.15 2.398 2.52 2.65
Distribution rate 23.7% 28.9% 32.7% 35.4% 33.5% 33.2% 34.6% -
Net sales 1 851.1 918.4 929.8 938.2 1,001 1,095 1,135 1,132
EBITDA - - - - - - - -
EBIT 1 391.5 475.3 459.5 452.2 499.2 580.5 601.6 -
Net income 1 277.3 305.1 302.9 298.7 344.9 367.4 367.2 356.9
Net Debt - - - - - - - -
Reference price 2 13.78 12.72 16.45 18.59 20.73 28.78 28.78 28.78
Nbr of stocks (in thousands) 204,440 183,665 171,656 162,839 156,901 151,609 - -
Announcement Date 26/01/22 27/01/23 24/01/24 23/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.96x - - 2.77% 4.36B
14.1x - - 1.77% 947B
13.3x - - 1.91% 436B
6.11x - - 5.07% 388B
12.7x - - 4.07% 354B
5.89x - - 5.18% 308B
18.64x - - 2.29% 292B
6.14x - - 5.09% 269B
12x - - 2.18% 264B
15.47x - - 2.56% 261B
Average 11.63x 3.29% 352.36B
Weighted average by Cap. 11.97x 3.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation First BanCorp.