Stocktoria

Banco Macro S.A. BMA.BA

AR · XBUE · XBUE · stock · Financial Services · website

Banco Macro S.A. statistics & valuation

Market capAR$7.83T
P / E18.3×
P / S1.3×
P / B1.5×
P / FCF3.2×
Net margin7.2%
FCF margin41.5%
Net cashAR$3.06T
Enterprise value USD$3.2B
Graham number -19.7%AR$9,834.61

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (AR$9,834.61); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
12.30% 8.40% 20.60% 7.20% 2021202220232024
Gross margin (%)
2021202220232024
Operating margin (%)
2021202220232024
Return on equity (%)
29.70% 17.30% 37.60% 8.00% 2021202220232024
Shares outstanding
628.2M 628.2M 628.2M 628.2M 2021202220232024
Net debt (AR$)
-AR$245.34B -AR$539.60B -AR$1.83T -AR$3.06T 2021202220232024
Share buybacks (AR$)
AR$0 2021202220232024
Return on assets (%)
7.10% 4.20% 11.40% 2.20% 2021202220232024
Free cash flow margin (%)
20.40% 102.00% -5.00% 41.50% 2021202220232024
Debt / equity (×)
0.19× 0.15× 0.19× 0.11× 2021202220232024
EPS (AR$)
AR$67.31 AR$67.31 AR$918.51 AR$506.94 2021202220232024

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Banco Macro S.A. trades at about 24.1× earnings — above its 10-year norm (10-year range 4.7×–23.6×, median 12×).

4.7× 24.1×

Shaded band = 10-year range (4.7×–23.6×); dot = today's 24.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2024FY2023FY2022FY2021
Net margin7.2%20.6%8.4%12.3%
FCF margin41.5%-5.0%102.0%20.4%
Return on assets2.2%11.4%4.2%7.1%
Return on equity8.0%37.6%17.3%29.7%
Debt / equity0.11×0.19×0.15×0.19×

Computed from company filings · AR · as of 2024-12-31. Figures in ARS. Facts plus Stocktoria's own computed scores — not investment advice.