Financials Credicorp Ltd.

Equities

BAP

BMG2519Y1084

Banks

Market Closed - Nyse 04:02:17 2024-05-17 pm EDT 5-day change 1st Jan Change
164 USD +0.39% Intraday chart for Credicorp Ltd. -6.82% +9.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 16,946 13,024 9,707 10,789 11,925 13,034 - -
Enterprise Value (EV) 1 16,946 13,024 9,707 10,789 11,925 13,034 13,034 13,034
P/E ratio 13.4 x 137 x 10.4 x 9.02 x 9.49 x 8.66 x 7.87 x 7.2 x
Yield 2.79% 5.02% 1.08% - 4.32% 6.11% 6.51% 7.03%
Capitalization / Revenue 3.93 x 3.56 x 2.61 x 2.41 x 2.32 x 2.34 x 2.22 x 2.07 x
EV / Revenue 3.93 x 3.56 x 2.61 x 2.41 x 2.32 x 2.34 x 2.22 x 2.07 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.58 x 1.9 x 1.41 x 1.44 x 1.25 x 1.39 x 1.28 x 1.19 x
Nbr of stocks (in thousands) 79,510 79,405 79,517 79,533 79,536 79,474 - -
Reference price 2 213.1 164.0 122.1 135.7 149.9 164.0 164.0 164.0
Announcement Date 2/5/20 2/8/21 2/7/22 2/9/23 2/8/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,310 3,663 3,722 4,476 5,132 5,561 5,866 6,299
EBITDA - - - - - - - -
EBIT 1 1,778 61.57 1,706 2,244 2,713 2,036 2,555 2,517
Operating Margin 41.26% 1.68% 45.82% 50.14% 52.87% 36.61% 43.57% 39.95%
Earnings before Tax (EBT) 1 1,778 61.57 1,390 1,775 1,775 2,116 2,322 2,562
Net income 1 1,270 95.27 934.1 1,200 1,261 1,513 1,658 1,813
Net margin 29.46% 2.6% 25.09% 26.8% 24.57% 27.2% 28.27% 28.78%
EPS 2 15.92 1.200 11.71 15.04 15.81 18.93 20.84 22.77
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 5.953 8.240 1.321 - 6.478 10.01 10.67 11.52
Announcement Date 2/5/20 2/8/21 2/7/22 2/9/23 2/8/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,018 1,023 1,051 1,142 1,237 1,284 1,333 1,325 1,327 1,395 1,359 1,371 1,383 1,401 1,399
EBITDA - - - - - - - - - - - - - - -
EBIT 1 439.3 514 521.9 600 596.4 711.1 740 700.7 637.5 779.1 515.1 484.6 477.3 588 -
Operating Margin 43.15% 50.23% 49.66% 52.53% 48.21% 55.39% 55.5% 52.87% 48.04% 55.87% 37.91% 35.36% 34.51% 41.98% -
Earnings before Tax (EBT) 1 406.3 446.7 428.4 483.6 407.2 514.9 522.7 456.9 333.4 559.1 517.1 532.7 537.8 555.8 566.7
Net income 1 276.4 296.9 288.9 329.8 277.6 373.6 378.6 329 218.1 408.2 368.2 376.2 391.6 403 410.9
Net margin 27.14% 29.01% 27.48% 28.87% 22.44% 29.1% 28.4% 24.83% 16.44% 29.27% 27.1% 27.45% 28.31% 28.77% 29.37%
EPS 2 3.466 3.721 3.621 4.136 3.480 4.685 4.748 4.118 2.747 5.130 4.690 4.617 4.488 5.154 5.154
Dividend per Share 2 - 3.917 3.876 - - - 6.718 - - - 10.51 - - - 11.60
Announcement Date 2/7/22 5/9/22 8/11/22 11/7/22 2/9/23 5/6/23 8/15/23 11/6/23 2/8/24 5/9/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 17% 1.4% 13.9% 16.7% 15.8% 16.7% 17.3% 17.5%
ROA (Net income/ Total Assets) 2.3% 0.2% 1.5% 1.9% 2% 2.31% 2.4% 2.38%
Assets 1 55,201 47,637 62,271 63,140 63,038 65,630 69,148 76,061
Book Value Per Share 2 82.70 86.20 86.80 94.40 120.0 118.0 128.0 138.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/5/20 2/8/21 2/7/22 2/9/23 2/8/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
164 USD
Average target price
188 USD
Spread / Average Target
+14.66%
Consensus
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