EVERTEC, Inc. and its subsidiaries engage in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, Merchant Acquiring, and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; payment and billing products for merchants, businesses, and financial institutions; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting services, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. The company manages a system of electronic payment networks that process approximately two billion transactions. It sells and distributes its services primarily through a proprietary direct sales force, as well as various indirect sales channels, including value-added resellers. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.
Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:EVTC
CUSIPN/A
Phone787-759-9999
Debt
Debt-to-Equity Ratio3.77%
Current Ratio1.15%
Quick Ratio1.15%
Price-To-Earnings
Trailing P/E Ratio12.16
Forward P/E Ratio14.09
P/E Growth2.82
Sales & Book Value
Annual Sales$407.14 million
Price / Sales3.16
Cash Flow$2.4382 per share
Price / Cash7.28
Book Value$2.04 per share
Price / Book8.70
Profitability
EPS (Most Recent Fiscal Year)$1.47
Net Income$55.05 million
Net Margins13.52%
Return on Equity78.61%
Return on Assets11.89%
Miscellaneous
Employees2,100
Outstanding Shares72,430,000
