EVERTEC, Inc.
$32.54
+0.42 (+1.31%) · delayed · Nov 13, 2026
Five-year price
52w $21.81 to $35.29
- Market cap
- $1.9B
- Enterprise value
- $2.7B
- P/E
- 14.8×
- 19.0× on 3y avg EPS
- EV / EBIT
- 14.5×
- FCF yield
- 10.6%
- ROIC
- 12.5%
- Debt / equity
- 1.73
- Piotroski F
- 7/9
Value scorecard · FY2025
Does it pass the value tests?
Quality
83
- ●ROIC > 12% (5y avg)5y avg ROIC 16.5%
- ●ROE > 15% (5y avg)5y avg ROE 29.1%
- ○Stable operating marginsMargin volatility 5.3% (σ, 5y)
- ●Earnings convert to cashFCF / net income 159% (5y avg)
- ●Growing revenueRevenue CAGR 5y 12.8%
- ●Shrinking share countDiluted shares -11.8% over 5y
Value
40
- ●P/E below 15P/E 14.8
- ○EV/EBIT below 12EV/EBIT 14.5
- ●FCF yield above 6%FCF yield 10.6%
- ○Price below Graham NumberGraham Number $22.79
- ○P/B below 3P/B 3.1
Safety
40
- ○Debt / equity below 0.5D/E 1.73
- ○Debt payable in < 4 yrs of earningsNet debt $0.8B
- ○Interest coverage > 8xCoverage 2.7x
- ●Current ratio > 1.5Current ratio 2.07
- ●Piotroski F-score ≥ 6F-score 7/9
Graham Defensive
57
- ○Adequate size (revenue > $2B)Revenue $0.9B
- ●Strong condition (current ratio ≥ 2)Current ratio 2.07
- ●Earnings stability (no loss, 10y)10 years of data
- ●Uninterrupted dividendsDividends paid every year on record
- ●Earnings growth ≥ 33% (10y, 3y avgs)EPS growth 75%
- ○Moderate P/E (≤ 15 on 3y avg EPS)P/E (3y avg) 19.0
- ○P/E × P/B ≤ 22.5Product 58.9
Valuation lab
What do you have to believe?
At $32.54, the market is pricing in about 0.2% annual free-cash-flow growth for the next decade (9% discount rate, 2.5% terminal growth).
Starting cash flow
Net debt $771M · 59M shares · 5y revenue CAGR 12.8%
Intrinsic value
$106.85
Price
$32.54
Margin of safety
70%
What the price implies
The market is paying for 0.2% annual cash-flow growth for 10 years at a 9.0% discount rate.
Terminal value share
65% of the value sits beyond year 10.
Financial statements
A decade of the record.
USD millions · fiscal years · source: SEC 10-K XBRL
| Line item | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 390 | 407 | 454 | 487 | 511 | 590 | 618 | 695 | 845 | 932 |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Operating income | 107 | 86 | 125 | 145 | 141 | 197 | 157 | 136 | 166 | 186 |
| Operating margin | 27.5% | 21.1% | 27.6% | 29.6% | 27.7% | 33.3% | 25.5% | 19.6% | 19.6% | 20.0% |
| Pre-tax income | 83 | 60 | 99 | 117 | 124 | 182 | 268 | 85 | 120 | 154 |
| Income tax | 8 | 5 | 13 | 13 | 19 | 21 | 29 | 5 | 5 | 10 |
| Net income | 75 | 55 | 86 | 103 | 104 | 161 | 239 | 80 | 113 | 142 |
| EPS (diluted) | 1.01 | 0.76 | 1.16 | 1.41 | 1.43 | 2.21 | 3.45 | 1.21 | 1.73 | 2.20 |
| Diluted shares | 74 | 73 | 74 | 73 | 73 | 73 | 69 | 66 | 65 | 64 |
Who owns it