| Company Name: | Banco Macro S.A. ADR Class B | | Ticker Symbol: | BMA | | | WWW Address: | www.macro.com.ar | | CEO: | Jorge Horacio Brito | | No. of Employees: | 7,973 | | Common Issue Type: | AD | | Business Description: | The Company offers traditional bank products and services to companies, including those operating in regional economies, as well as to medium- and low-income individuals.
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| | | Industry Information: | BANKING - Foreign Regional Banks [more like this] | |
| Price | Day Change | Bid | Ask | Open | High | Low | Volume | | 29.26 | 0.28 | 25.61 | 30.24 | 28.66 | 29.73 | 28.66 | 119954 |
| Market Cap (mil) | Shares Outstanding (mil) | Beta | EPS | DPS | P/E | Yield | 52-Wks-Range |
| 1,702.9 | 58.2 | 1.50 | 2.90 | 0.79 | 43.3 | 2.2 | 33.85 - 8.71 |
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| KEY FIGURES (Latest Twelve Months - LTM) | | Yesterday's Close | 29.26 | $ | | PE Ratio - LTM | 43.3 | |
| Market Capitalisation | 1,968.4 | mil |
| Latest Shares Outstanding | 58.2 | mil |
| Earnings pS (EPS) | 2.90 | $ |
| Dividend pS (DPS) | 0.79 | ¢ |
| Dividend Yield | 2.2 | % |
| Dividend Payout Ratio | 27 | % |
| Revenue per Employee | 149,277 | $ |
| Effective Tax Rate | 28.3 | % |
| Float | 0.0 | mil |
| Float as % of Shares Outstanding | 0.0 | % |
| Foreign Sales | - | |
| Domestic Sales | - | |
| Selling, General & Adm/tive (SG&A) as % of Revenue | - | |
| Research & Devlopment (R&D) as % of Revenue | - | |
| Gross Profit Margin | - | |
| EBITDA Margin | 58.5 | % |
| Pre-Tax Profit Margin | 23.5 | % |
| Assets Turnover | 0.2 | % |
| Return on Assets (ROA) | 2.5 | % |
| Return on Equity (ROE) | 17.3 | % |
| Return on Capital Invested (ROCI) | 14.5 | % |
| Current Ratio | - | |
| Leverage Ratio (Assets/Equity) | 7.1 | |
| Interest Cover | 1.7 | |
| Total Debt/Equity (Gearing Ratio) | 0.20 | |
| LT Debt/Total Capital | 16.0 | % |
| Working Capital pS | - | |
| Cash pS | - | |
| Book-Value pS | 13.21 | $ |
| Tangible Book-Value pS | 12.44 | $ |
| Cash Flow pS | 2.29 | $ |
| Free Cash Flow pS | 3.54 | $ |
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| KEY FIGURES (LTM): Price info |
| Price/Book Ratio | 2.21 | |
| Price/Tangible Book Ratio | 2.35 | |
| Price/Cash Flow | 12.8 | |
| Price/Free Cash Flow | 8.3 | |
| P/E as % of Industry Group | 0.0 | % |
| P/E as % of Sector Segment | 151.0 | % |
| | | Balance Sheet (at a glance) in Millions |
| | | | | | DIVIDEND INFO | | Dividend Declared Date | 08/12/2009 |
| Dividend Ex-Date | 09/09/2009 |
| Dividend Record Date | 09/13/2009 |
| Dividend Pay Date | 09/21/2009 |
| Dividend Amount | 648 |
| Type of Payment | Cash Payment |
| Dividend Rate | 0.65 |
| Current Dividend Yield | 2.2 |
| 5-Y Average Dividend Yield | 0.0 |
| Payout Ratio | 27.0 |
| 5-Y Average Payout Ratio | 12.0 |
|  | | Share price performance previous 3 years |
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|  | | Share price performance intraday |
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| PRICE/VOLUME | High | Low | Close | % Price Chg | % Price Chg vs. Mkt. | Avg. Daily Vol | Total Vol |
| 1 Week | - | - | - | 1.0 | 100 | 1,899 | 1,200 |
| 4 Weeks | 33.85 | 27.00 | 29.23 | 0.1 | 94 | 1,710 | 27,359 |
| 13 Weeks | 33.85 | 21.23 | 22.41 | 30.6 | 121 | 1,318 | 79,056 |
| 26 Weeks | 33.85 | 13.25 | 13.22 | 121.3 | 184 | 1,239 | 153,634 |
| 52 Weeks | 33.85 | 8.71 | 10.90 | 168.4 | 217 | 1,146 | 284,097 |
| YTD | 33.85 | 8.71 | - | 170.4 | 221 | 1,151 | 260,086 |
| Moving Average | 5-Days | 10-Days | 10-Weeks | 30-Weeks | 200-Days | Beta (60-Mnth) | Beta (36-Mnth) |
| 29.21 | 30.48 | 28.15 | 20.76 | 17.72 | 1.50 | 1.50 |
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| GROWTH RATES | 5-Year Growh | R² of 5-Year Growth | 3-Year Growth |
| Revenue | 0.00 | 0.0 | 45.45 |
| Income | 0.00 | 0.0 | -16.52 |
| Dividend | 0.00 | 0.0 | 0.00 |
| Capital Spending | 0.00 | NA | 0.00 |
| R&D | 0.00 | NA | 0.00 |
| Normalized Inc. | 0.00 | NA | 5.85 |
| | | CHANGES | YTD vs. Last YTD | Curr Qtr vs. Qtr 1-Yr ago | Annual vs. Last Annual |
| Revenue % | -100.0 | 277.0 | 37.0 |
| Earnings % | -100.0 | 266.6 | 21.6 |
| EPS % | -100.0 | -100.0 | 26.7 |
| EPS $ | -2.22 | -0.76 | 0.61 |
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| SOLVENCY RATIOS | | SHORT-TERM SOLVENCY RATIOS (LIQUIDITY) |
| Free Cash Flow Margin | 33.16 |
| Free Cash Flow Margin 5YEAR AVG | 46.79 |
| Cash-Flow pS | 5.49 |
| Free Cash-Flow pS | 4.78 |
| FINANCIAL STRUCTURE RATIOS |
| Financial Leverage Ratio (Assets/Equity) | 7.96 |
| Debt Ratio | 87.44 |
| Total Debt/Equity (Gearing Ratio) | 0.19 |
| LT Debt/Equity | 0.19 |
| LT Debt/Capital Invested | 15.63 |
| LT Debt/Total Liabilities | 2.66 |
| | | | VALUATION RATIOS | | MULTIPLES |
| PQ Ratio | 0.32 |
| Tobin's Q Ratio | 0.31 |
| Current P/E Ratio - LTM | 43.30 |
| Enterprise Value (EV)/EBITDA | 0.01 |
| Enterprise Value (EV)/Free Cash Flow | 2.59 |
| Dividend Yield | 2.2 |
| Price/Tangible Book Ratio - LTM | 2.35 |
| Price/Book Ratio - LTM | 2.21 |
| Price/Cash Flow Ratio | 12.8 |
| Price/Free Cash Flow Ratio - LTM | 8.3 |
| P/E Ratio (1 month ago) - LTM | 45.1 |
| P/E Ratio (26 weeks ago) - LTM | 6.0 |
| P/E Ratio (52 weeks ago) - LTM | 3.6 |
| 5-Y High P/E Ratio | 0.0 |
| 5-Y Low P/E Ratio | 0.0 |
| 5-Y Average P/E Ratio | 0.0 |
| Current P/E Ratio as % of 5-Y Average P/E | 0 |
| P/E as % of Industry Group | 0.0 |
| P/E as % of Sector Segment | 151.0 |
| Current 12 Month Normalized P/E Ratio - LTM | 20.4 |
| PER SHARE FIGURES |
| Tangible Book Value pS - LTM | 12.44 |
| Book Value pS - LTM | 13.21 |
| Capital Invested pS | 16.61 |
| Cash Flow pS - LTM | 2.29 |
| Free Cash Flow pS - LTM | 3.54 |
| Earnings pS (EPS) | 2.90 |
| | | | OPERATING RATIOS | | PROFITABILITY |
| Return on Equity (ROE) | 23.43 |
| Return on Equity (ROE) - 5YEAR AVRG. | 19.1 |
| Return on Capital Invested (ROCI) | 19.77 |
| Return on Capital Invested (ROCI) - 5YEAR AVRG. | 12.7 |
| Return on Assets (ROA) | 2.94 |
| Return on Assets (ROA) - 5YEAR AVRG. | 2.7 |
| EBIT Margin - LTM | 58.5 |
| EBITDA Margin - LTM | 58.5 |
| Pre-Tax Profit Margin | 54.78 |
| Pre-Tax Profit Margin - 5YEAR AVRG. | 61.53 |
| Net Profit Margin | 39.11 |
| Net Profit Margin - 5YEAR AVRG. | 52.97 |
| Effective Tax Rate | 28.25 |
| Effective Tax Rate - 5YEAR AVRG. | 14.20 |
| EFFICIENCY RATIOS |
| Revenue per Employee - LTM | 230,343 |
| Net Income per Employee - LTM | 34,144 |
| Assets/Revenue - LTM | 500.00 |
| Assets/Revenue - 5YEAR AVRG. | 2,033.76 |
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