Banco BTG Pactual SA
BOVESPA:BPAC3

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Banco BTG Pactual SA
BOVESPA:BPAC3
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Price: 26.3 BRL 1.94% Market Closed
Market Cap: R$265.9B

P/FCFE

-19.9
Current
514%
Cheaper
vs 3-y average of 4.8

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-19.9
=
Market Cap
R$230.9B
/
Free Cash Flow to Equity
R$-17.6B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-19.9
=
Market Cap
R$230.9B
/
Free Cash Flow to Equity
R$-17.6B

Valuation Scenarios

Banco BTG Pactual SA is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (4.8), the stock would be worth R$-6.35 (124% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-186%
Maximum Upside
No Upside Scenarios
Average Downside
154%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -19.9 R$26.3
0%
3-Year Average 4.8 R$-6.35
-124%
Industry Average 17 R$-22.54
-186%
Country Average 10.6 R$-14.09
-154%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Lower than 100% of companies in Brazil
Percentile
0th
Based on 332 companies
0th percentile
-8.6
Low
0.1 — 7.9
Typical Range
7.9 — 17.3
High
17.3 —
Distribution Statistics
Brazil
Min 0.1
30th Percentile 7.9
Median 10.6
70th Percentile 17.3
Max 51 841.7

Banco BTG Pactual SA
Glance View

Market Cap
265.9B BRL
Industry
Financial Services

Banco BTG Pactual SA, founded in Brazil in 1983, has grown to become a formidable player in the Latin American financial landscape, carving out a niche as a powerhouse in investment banking and asset management. With its strategic headquarters in São Paulo, BTG Pactual leverages its deep-rooted understanding of emerging markets to offer a wide array of financial services. The bank's expertise in areas such as corporate lending, sales and trading, wealth management, and advisory services propels it to cater to a diverse clientele including multinational corporations, financial institutions, government entities, and high-net-worth individuals. By fostering a culture of innovation and entrepreneurship, BTG Pactual has adeptly positioned itself to capitalize on the growth opportunities within the dynamic economic environment of Latin America. The bank's success is intricately tied to its robust revenue streams, which come from a blend of fee-based services and interest income. In investment banking, BTG Pactual thrives on advisory fees and underwriting services where it guides mergers, acquisitions, and public offerings, enabling it to pocket significant advisory and transaction fees. Its asset management division, on the other hand, meticulously manages a wealth of assets for institutional and retail investors, drawing on management fees as a primary income source. Moreover, its robust trading division capitalizes on market volatility, generating revenue through strategic trading activities. By maintaining a focus on high-growth segments and nurturing strong client relationships, BTG Pactual continues to drive sustainable financial performance, solidifying its status as a key player in the global financial ecosystem.

BPAC3 Intrinsic Value
53.55 BRL
Undervaluation 51%
Intrinsic Value
Price R$26.3
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