Bladex Inc. (BLX) vs Inter & Co. Inc. (INTR)

Bladex Inc. and Inter & Co. Inc. are both Banks Regional companies. Bladex Inc. and Inter & Co. Inc. are of similar size ($1.8B and $1.7B). Inter & Co. Inc. trades at the lower P/E: 6.1× against 8.1×. Inter & Co. Inc. grew revenue faster over the last twelve months: 52.6% against 3.62%. Bladex Inc. has the higher net margin (27.9% vs 9.22%) and the higher return on invested capital (2.59% vs 0.00%). Both pay a dividend; Bladex Inc. yields more (6.66% vs 2.81%). Across the 16 metrics below, Inter & Co. Inc. leads on 11 and Bladex Inc. on 5.

Valuation

Metric BLX INTR Banks Regional median
P/E 8.09 6.11 12.46
P/S 2.20 0.57 2.41
P/B 1.06 0.85 1.26
Price to free cash flow n/m 7.72 11.00
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 12.36% 16.38% 7.96%
Free cash flow yield (12.08%) 12.95% 8.80%

Profitability

Metric BLX INTR Banks Regional median
Gross margin 42.67% 58.20% 69.75%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.91% 9.22% 18.88%
Free cash flow margin 0.00% 7.36% 17.28%
Return on equity 14.08% 15.36% 10.43%
Return on assets 1.67% 1.64% 1.14%
Return on invested capital 2.59% 0.00% 8.47%

Growth

Metric BLX INTR Banks Regional median
Revenue growth (TTM) 3.62% 52.59% 6.94%
EPS growth (last fiscal year) 9.11% 39.47% 18.88%
Revenue growth, 5-year CAGR 34.81% — 12.56%
Net income growth, 5-year CAGR 28.97% — 9.78%

Health

Metric BLX INTR Banks Regional median
Debt to equity 3.34 0.08 0.20
Current ratio 1.70 0.90 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BLX INTR Banks Regional median
Dividend yield 6.66% 2.81% 2.64%
Payout ratio 0.54 0.17 0.32

Size

Metric BLX INTR Banks Regional median
Market cap 1.72b 1.76b 910.32m

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