Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL)

CAPS Rating: 2 out of 5

The Company is engaged in commercial banking and provides banking products and services to large corporations, small- and medium-sized enterprises and individuals.

Results 1 - 13 of 13

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Member Avatar karlsmq (< 20) Submitted: 11/29/2013 11:16:51 AM : Outperform Start Price: $12.86 GGAL Score: +0.35

VERY PROFITABLE ,VERY LOW PE

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Member Avatar sergiobdamico (< 20) Submitted: 11/4/2013 9:25:03 AM : Underperform Start Price: $9.42 GGAL Score: -37.16

highly risky in the short term

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Member Avatar bonnetgustavo (42.67) Submitted: 12/1/2012 12:58:31 PM : Underperform Start Price: $5.30 GGAL Score: -126.58

It have a long position on Argentinean bond which have risk of currency, and default and has no possibilities of send dividend to the shareholders (you). In resume we almost can’t name this nonsense a company.
On the other hand, as usual in this cases, big opportunities on the day-trade.

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Member Avatar daniflint (< 20) Submitted: 1/30/2012 5:51:59 PM : Outperform Start Price: $7.59 GGAL Score: +35.22

Very healthy loan portafolio, Argentina households and corporations with very low leves of debt, total loans represents leas than 15% of GDP. Public sector debt outstanding less than 20 % of GDP. High growth potencial of the banking sector.

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Member Avatar falcon2382 (29.73) Submitted: 11/5/2011 10:45:44 AM : Outperform Start Price: $7.96 GGAL Score: +18.74

good foreign bank

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Member Avatar mrindependent (66.08) Submitted: 10/28/2011 4:20:17 PM : Outperform Start Price: $9.31 GGAL Score: -4.58

value stock

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Member Avatar allid414 (72.04) Submitted: 10/20/2010 11:26:07 PM : Outperform Start Price: $11.15 GGAL Score: -41.04

ggal

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Member Avatar Paramnesia1930 (28.98) Submitted: 12/4/2009 5:00:28 PM : Underperform Start Price: $5.26 GGAL Score: -88.72

Volume since late October has been declining, the advance-decline line and momentum indicators have not confirmed the latest highs, and sentiment indicators are frothy. As confidence in the recovery breaks down and money managers lock in 2009 profits, equities will fall—especially banks that have risen excessively in the last six months.

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Member Avatar unstoppablepeon (< 20) Submitted: 10/27/2008 12:41:16 AM : Underperform Start Price: $1.81 GGAL Score: -539.33

worst 30days caps

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Member Avatar gehin (34.87) Submitted: 5/7/2008 7:22:15 PM : Outperform Start Price: $5.87 GGAL Score: +92.31

comeback

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Member Avatar grammatoncleric (< 20) Submitted: 2/15/2008 1:06:44 AM : Underperform Start Price: $6.55 GGAL Score: -61.14

foreign banking

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Member Avatar mit168 (20.05) Submitted: 10/19/2007 12:12:08 AM : Underperform Start Price: $7.90 GGAL Score: -42.47

High inflation in Argentina and low saving

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Member Avatar NetscribeBanking (89.06) Submitted: 3/28/2007 3:27:49 AM : Underperform Start Price: $10.15 GGAL Score: +8.65

Grupo Financiero Galicia S.A. is an Argentinean financial services holding company that operates through its subsidiaries. It is engaged in commercial banking and provides a variety of banking products and services to corporations, medium- and small-sized companies and individuals. Company’s basket of services includes personal and corporate loans, deposit-taking, credit and debit cards, residential mortgage loans, fiduciary and custodial services and electronic banking. It also operates in other finance related areas, such as investment banking, insurance distribution and asset management.

For December 2006, its total interest income fell by 6% to $725.80 million. Net interest income after loan loss provision fell by 44% to 86.25 million due to lower interest collected on mortgage loans, together with reduced income from government securities. Net loss totaled $6.1 million vs. an income of $34.60 million due to higher administrative and labor expenses. Company’s book value per share has also reduced but merely from 1.31 to 1.30. The group is focusing on deepening Banco Galicia’s activity in private sector in the future and its estimated market share of the private sector loan pie increased to 7.41% in September 2006 from 7.24% a year ago. With economic conditions improving and unemployment rates going down, the firm might benefit from growth in consumer credit to households.

Although these factors might sound prospective for the future of the company but it is important to note that it has incurred a loss in the current year. Moreover the company’s share price has already risen and it is unlikely that it will increase further. Even the valuations do not give a lucrative picture as the price to earning multiple of 36.2 and a forecasted real asset growth rate of 2.0% result in a price earning growth ratio of 4.3. This is most unfavorable, as it is worse than 96% of all firms. Thus looking at the current scenario the company’s current price does not look worthy.

Results 1 - 13 of 13

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