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 4,079 - -
Change - -17.07% 20.87% 7.2% 7.44% 25.4% - -
Enterprise Value (EV) 2,817 2,336 2,824 3,027 3,253 4,079 4,079 4,079
Change - -17.07% 20.87% 7.2% 7.44% 25.4% 0% 0%
P/E 10.5x 8x 9.62x 10.3x 9.64x 11.8x 11x 10x
PBR 1.32x 1.75x 1.86x 1.82x 1.65x 1.96x 1.81x 1.63x
PEG - 0.4x 1.27x 1.76x 0.5x 2.68x 1.53x 1x
Capitalization / Revenue 3.31x 2.54x 3.04x 3.23x 3.25x 3.83x 3.68x 3.6x
EV / Revenue 0x 0x 0x 0x 0x 3.83x 3.68x 3.6x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 7.01x 6.76x -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.31 0.46 0.56 0.64 0.72 0.8 0.872 -
Rate of return 2.25% 3.62% 3.4% 3.44% 3.47% 3.01% 3.28% -
EPS 2 1.31 1.59 1.71 1.81 2.15 2.245 2.406 2.65
Distribution rate 23.7% 28.9% 32.7% 35.4% 33.5% 35.6% 36.2% -
Net sales 1 851.1 918.4 929.8 938.2 1,001 1,065 1,107 1,132
EBITDA - - - - - - - -
EBIT 1 391.5 475.3 459.5 452.2 499.2 581.5 603.2 -
Net income 1 277.3 305.1 302.9 298.7 344.9 343.9 350.5 356.9
Net Debt - - - - - - - -
Reference price 2 13.78 12.72 16.45 18.59 20.73 26.55 26.55 26.55
Nbr of stocks (in thousands) 204,440 183,665 171,656 162,839 156,901 153,619 - -
Announcement Date 1/26/22 1/27/23 1/24/24 1/23/25 1/27/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.6x - - 3.07% 4.08B
14.48x - - 1.9% 899B
12.94x - - 2.02% 420B
5.74x - - 5.4% 362B
11.69x - - 4.41% 335B
18.36x - - 2.32% 290B
5.45x - - 5.59% 278B
5.83x - - 5.34% 258B
12.21x - - 2.2% 266B
14.52x - - 2.77% 237B
Average 11.28x 3.5% 334.95B
Weighted average by Cap. 11.80x 3.24%

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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  3. FBP Stock
  4. Valuation First BanCorp.