Evertec Inc

Evertec Inc

EVTC · NYSE · Technology / Software - Infrastructure

32.54USD+0.42 (+1.31%)

Price History

Full chart

Market Stats

Previous Close32.12
Open32.42
Day Range32.23 – 32.66
52-Week Range21.74 – 34.52
Volume294.26K
Market Cap1.68B
P/E (TTM)18.30
Forward P/E14.88
EPS1.54
Dividend Yield0.71%
Beta0.69
50-Day Avg29.86
200-Day Avg28.31

About

EVERTEC, Inc. provides transaction processing and financial technology services in Latin America, Puerto Rico, and the Caribbean. It operates through four segments: Payment Services - Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. The company offers merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. It also provides payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers. In addition, the company offers business process management solutions comprising core bank processing, network hosting, managed services and managed security services, IT professional services, business process outsourcing, item processing, cash processing, and fulfillment. Further, it owns and operates the ATH network, a personal identification number debit network. The company processes approximately ten billion transactions annually through a system of electronic payment networks. It sells and distributes its services primarily through direct sales force. The company serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Morgan M. Schuessler Jr.
  • Employees5.33K
  • HeadquartersCupey Center Building, San Juan, PR, United States, 00926, USA
  • Websitehttps://www.evertecinc.com

Leadership

  • Mr. Morgan M. Schuessler Jr.President, CEO & Director · b. 1973
  • Ms. Karla M. Cruz-JusinoExecutive VP, CFO & Treasurer · b. 1985
  • Mr. Joaquin A. Castrillo-Salgado CPASenior Executive VP & COO · b. 1984
  • Mr. Diego G. VigliancoExecutive VP & Chief Information Officer · b. 1970
  • Mr. Luis A. Rodríguez-González J.D.Executive VP, Chief Legal & Administrative Officer and Secretary · b. 1978
  • Ms. Paola Perez SurilloExecutive VP and Group Head of Puerto Rico & Caribbean · b. 1984
  • Ms. Lily ArteagaHead of Investor Relations
  • Mr. Alberto Lopez GaffneyExecutive VP and Chief Strategy & Corporate Development Officer · b. 1973
  • Mr. Miguel Vizcarrondo CarriónExecutive VP and Chief Product & Innovation Officer · b. 1973
  • Mr. Daniel BrignardelloExecutive VP & Group Head of Latin America · b. 1976

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue321.12M341.68M357.24M361.13M372.88M389.51M407.14M453.87M487.37M510.59M589.80M618.41M694.71M845.49M931.82M
Growth (%)-+6.40%+4.55%+1.09%+3.26%+4.46%+4.53%+11.48%+7.38%+4.76%+15.51%+4.85%+12.34%+21.70%+10.21%
Cost of Revenue155.38M159.67M162.98M157.54M167.92M175.81M200.65M196.96M213.38M226.87M250.16M292.62M336.76M406.42M469.13M
Gross Profit165.75M182.82M195.42M204.25M205.61M213.70M206.49M256.91M274.00M283.72M339.63M325.79M357.95M439.07M462.69M
Gross Margin51.61%53.51%54.70%56.56%55.14%54.86%50.72%56.60%56.22%55.57%57.58%52.68%51.53%51.93%49.65%
Operating Expense103.23M103.18M109.66M106.90M102.84M106.55M120.41M131.78M129.49M142.33M143.12M168.39M221.79M273.40M276.25M
Operating Income62.52M79.65M85.76M97.35M102.78M107.14M86.08M125.13M144.50M141.39M196.51M157.40M136.16M165.67M186.44M
Operating Margin19.47%23.31%24.01%26.96%27.56%27.51%21.14%27.57%29.65%27.69%33.32%25.45%19.60%19.59%20.01%
EBITDA115.83M143.53M82.10M166.82M171.28M167.58M154.31M192.28M213.57M220.44M279.58M371.24M211.29M322.20M344.74M
EBITDA Margin36.07%42.01%22.98%46.19%45.93%43.02%37.90%42.36%43.82%43.17%47.40%60.03%30.41%38.11%37.00%
Net Income24.21M77.37M-24.62M67.53M74.60M75.04M55.05M86.27M103.47M104.44M161.13M239.01M79.72M112.62M141.59M
Net Income Margin7.54%22.64%-6.89%18.70%20.01%19.26%13.52%19.01%21.23%20.45%27.32%38.65%11.48%13.32%15.20%
R&D--000000-------
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense50.96M54.33M37.42M25.77M24.27M24.62M29.86M30.04M28.81M25.07M22.81M24.77M32.32M74.73M68.28M
Interest Expense % of Total Revenue15.87%15.90%10.47%7.14%6.51%6.32%7.33%6.62%5.91%4.91%3.87%4.01%4.65%8.84%7.33%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.05B977.75M919.35M890.24M880.63M885.66M902.79M927.29M1.01B1.07B1.14B1.13B2.06B1.86B2.24B
Total Liabilities680.68M855.29M808.02M770.66M768.46M777.49M754.81M711.69M740.05M730.15M674.49M657.00M1.42B1.34B1.53B
Total Equity366.18M122.45M111.33M119.57M112.17M104.68M144.11M211.46M267.19M337.74M466.21M471.51M594.29M472.52M621.61M
Cash56.20M25.63M22.48M32.11M28.75M51.92M50.42M69.97M111.03M202.65M266.35M185.27M295.60M273.64M305.99M
Total Debt523.83M763.76M735.88M689.58M659.05M647.46M615.74M538.31M555.65M523.52M486.57M446.97M986.41M966.58M1.13B
Net Debt467.63M738.12M713.39M657.47M630.30M595.54M565.32M468.33M444.62M320.87M220.22M261.70M690.81M692.94M824.39M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow69.37M82.66M62.61M139.82M162.42M168.05M145.79M172.73M179.95M199.09M228.42M223.36M211.19M260.06M227.01M
Investing Cash Flow-31.75M-27.04M-28.90M-25.83M-53.07M-57.79M-76.27M-41.30M-65.35M-48.63M-83.82M-133.32M-507.93M-118.28M-238.24M
Financing Cash Flow-36.62M-86.19M-37.07M-104.15M-112.72M-90.80M-69.18M-105.06M-70.23M-62.62M-81.28M-156.77M416.37M-152.56M28.45M
Capital Expenditure23.43M27.51M28.42M25.61M46.98M42.27M33.46M41.32M59.87M48.64M66.91M82.53M84.95M88.42M91.50M
Free Cash Flow45.94M55.16M34.19M114.21M115.44M125.78M112.32M131.41M120.08M150.45M161.51M140.83M126.24M171.64M135.51M
Dividends Paid-319.96M16.39M31.36M30.92M29.70M21.76M7.27M14.42M14.38M14.41M13.77M13.03M12.87M12.78M
FCF to OCF66.23%66.72%54.61%81.69%71.07%74.85%77.05%76.08%66.73%75.57%70.71%63.05%59.78%66.00%59.69%
Dividend Paid to FCF-580.11%47.94%27.46%26.79%23.61%19.37%5.53%12.01%9.56%8.92%9.78%10.32%7.50%9.43%

Earnings

Report DateMay 7, 2013Aug 7, 2013Nov 6, 2013Feb 12, 2014May 7, 2014Aug 6, 2014Nov 5, 2014Feb 18, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Feb 17, 2016May 11, 2016Jul 28, 2016Nov 2, 2016Feb 22, 2017May 3, 2017Aug 1, 2017Nov 7, 2017Feb 21, 2018May 1, 2018Jul 31, 2018Oct 30, 2018Feb 20, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 25, 2020May 8, 2020Aug 4, 2020Oct 29, 2020Mar 1, 2021Apr 29, 2021Aug 3, 2021Oct 27, 2021Feb 24, 2022Apr 28, 2022Aug 5, 2022Nov 2, 2022Feb 22, 2023Apr 26, 2023Jul 26, 2023Oct 26, 2023Feb 4, 2024May 1, 2024Jul 31, 2024Nov 6, 2024Feb 26, 2025May 7, 2025Jul 30, 2025Nov 6, 2025Feb 26, 2026May 6, 2026Aug 4, 2026Nov 5, 2026
EPS Estimate-0.350.360.420.390.400.400.450.400.430.420.440.400.410.400.410.390.420.350.230.310.440.410.440.480.470.470.490.460.340.410.540.540.570.620.620.620.650.580.650.600.670.650.640.680.690.730.720.800.860.890.810.920.820.85
EPS Actual0.070.350.360.430.400.410.400.440.390.440.420.440.410.430.410.430.450.440.330.240.470.460.450.460.500.510.470.480.460.380.650.590.620.780.620.720.700.650.400.650.690.710.800.620.720.830.860.870.870.890.920.830.900.93-
Surprise-0.00%0.00%2.38%2.56%2.50%0.00%-2.22%-2.50%2.33%0.00%0.00%2.50%4.88%2.50%4.88%15.38%4.76%-5.71%4.35%51.61%4.55%9.76%4.55%4.17%8.51%0.00%-2.04%0.00%11.76%58.54%9.26%14.81%36.84%0.00%16.13%12.90%0.00%-31.03%0.00%15.00%5.97%23.08%-3.13%5.88%20.29%17.81%21.47%8.75%3.49%3.37%2.47%-2.17%13.41%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap1.68B
Enterprise Value2.71B
Trailing P/E18.30
Forward P/E14.88
PEG Ratio2.14
Price / Sales1.74
Price / Book2.57
EPS1.54
Book Value10.74
Revenue (TTM)996.16M
Gross Profit (TTM)509.22M
EBITDA274.71M
Profit Margin9.80%
Operating Margin19.39%
Return on Equity14.85%
Return on Assets5.03%
Shares Outstanding59.75M
Shares Float58.86M
Beta0.69
Dividend Yield0.71%
Dividend Rate0.20
Payout Ratio5.59%

Analyst Ratings

Buy
Based on 5 analystsTarget 35.60
  • Strong Buy
    1
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
106.48%
Insiders
1.36%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    9.30M15.56%
  • FMR Inc
    9.26M15.49%
  • American Century Companies Inc
    5.19M8.68%
  • Vanguard Portfolio Management, LLC
    3.96M6.62%
  • Kayne Anderson Rudnick Investment Management LLC
    3.06M5.12%
  • Vanguard Capital Management, LLC
    2.86M4.78%
  • State Street Corp
    2.50M4.19%
  • Fuller & Thaler Asset Management Inc
    1.83M3.07%
  • Geode Capital Management, LLC
    1.54M2.57%
  • Dimensional Fund Advisors, Inc.
    1.43M2.39%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.76M6.28%
  • American Century Small Cap Value Inv
    2.67M4.47%
  • Fidelity Low-Priced Stock
    2.44M4.09%
  • FullerThaler Behavioral Sm-Cp Eq R6
    1.98M3.31%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.96M3.27%
  • iShares Russell 2000 ETF
    1.62M2.71%
  • Vanguard Small Cap Index
    1.42M2.37%
  • Strategic Advisers Fidelity US TtlStk
    1.23M2.06%
  • Fidelity Global Value Growth Eq MF
    921.30K1.54%
  • Vanguard MStar Small Cap Value Index
    900.41K1.51%

Dividends

20264×
0.05Nov 9, 20260.05Aug 3, 20260.05May 11, 20260.05Mar 2, 2026
20254×
0.05Nov 3, 20250.05Aug 4, 20250.05May 13, 20250.05Mar 3, 2025
20244×
0.05Oct 28, 20240.05Jul 29, 20240.05Apr 26, 20240.05Feb 26, 2024
20234×
0.05Oct 27, 20230.05Jul 28, 20230.05Apr 28, 20230.05Feb 27, 2023
20224×
0.05Oct 31, 20220.05Aug 5, 20220.05Apr 29, 20220.05Feb 24, 2022
20214×
0.05Oct 29, 20210.05Jul 30, 20210.05Apr 30, 20210.05Feb 26, 2021