BVN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | 190.50 | 3.14 | -7.04 | -23.00 | |
| Price to Sales | 2.53 | 4.70 | 2.29 | 2.06 | |
| Book Value Per Common Share | 13.35 | 11.84 | 11.85 | 9.32 | |
| Price to Book | 0.86 | 1.29 | 0.63 | 0.79 | |
| Price to Operating Cash Flow | 16.24 | ||||
| Price to Free Cash Flow | 19.73 | -332.75 | -17.15 | -5.74 | |
| Enterprise Value to EBITDA | 212057.27 | 117634.29 |
| Breakdown | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|
| Price to Earnings | 14.88 | 60.54 | 66.17 | |
| Price to Sales | 9.77 | 10.65 | 15.54 | 16.34 |
| Book Value Per Common Share | 13.35 | 13.22 | 12.28 | 12.01 |
| Price to Book | 0.86 | 1.05 | 1.38 | 1.32 |
| Price to Operating Cash Flow | 19.50 | 39.11 | 236.31 | |
| Price to Free Cash Flow | 37.94 | 41.30 | -127.35 | -99.13 |
| Enterprise Value to EBITDA | 87592.85 | 294251.13 | 311271.60 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | -96.62 | ||||
| Revenue YoY | 40.15 | -0.12 | -8.40 | ||
| EBITDA YoY | 239.07 | 6.76 | 8.19 | ||
| Net Profit YoY | 1928.15 | -96.70 |
| Breakdown | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|
| Earning YoY | 232.14 | 16.67 | ||
| Revenue YoY | -9.52 | 19.49 | 12.28 | |
| EBITDA YoY | -85.17 | 174.29 | 12.91 | |
| Net Profit YoY | -85.81 | 235.02 | 15.13 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.88 | 0.87 | 1.00 | 1.48 | |
| Quick Ratio | 1.54 | 1.08 | 1.33 | 0.75 | |
| Current Ratio | 1.75 | 1.31 | 1.63 | 0.88 | |
| Debt to Equity | 0.42 | 0.43 | 0.42 | 0.80 | |
| Long-Term Debt to Equity | 0.28 | 0.29 | 0.30 | 0.46 |
| Breakdown | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.88 | 1.80 | 0.68 | 0.68 |
| Quick Ratio | 1.54 | 1.61 | 1.11 | 1.09 |
| Current Ratio | 1.75 | 1.82 | 1.40 | 1.32 |
| Debt to Equity | 0.42 | 0.40 | 0.40 | 0.41 |
| Long-Term Debt to Equity | 0.28 | 0.28 | 0.28 | 0.28 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 7.98 | 0.44 | 13.38 | -5.79 | |
| ROE | 11.31 | 0.63 | 19.05 | -10.40 | |
| Gross Margin | 31.12 | 11.08 | 7.44 | 9.70 | |
| Operating Margin | 53.40 | 21.91 | 20.43 | 17.14 | |
| EBITDA Margin | 53.61 | 22.16 | 20.73 | 17.55 | |
| Net Profit Margin | 34.88 | 2.41 | 73.05 | -29.33 |
| Breakdown | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|
| ROA | 0.67 | 4.78 | 1.54 | 1.36 |
| ROE | 0.94 | 6.71 | 2.15 | 1.91 |
| Gross Margin | 26.22 | 34.14 | 35.29 | 28.33 |
| Operating Margin | 19.87 | 107.82 | 40.39 | 35.69 |
| EBITDA Margin | 19.87 | 121.20 | 52.80 | 52.50 |
| Net Profit Margin | 11.22 | 71.56 | 25.52 | 24.89 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | ||||
| Dividend Payout Ratio | 93.39 |
| Breakdown | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | |||
| Dividend Payout Ratio | 26.13 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 5,047,903.00 | 4,533,799.00 | 4,503,227.00 | 4,561,811.00 | 0 |
| Current Assets | 838,362.00 | 577,762.00 | 620,380.00 | 739,545.00 | 0 |
| Cash and Short-Term Investments | 478,435.00 | 219,790.00 | 253,918.00 | 376,999.00 | 0 |
| Cash and Cash Equivalents | 478,435.00 | 219,790.00 | 253,918.00 | 376,999.00 | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 260,859.00 | 255,469.00 | 249,945.00 | 255,888.00 | 0 |
| Inventory | 79,594.00 | 76,527.00 | 88,345.00 | 86,264.00 | 0 |
| Other Current Assets | 19,474.00 | 25,976.00 | 28,172.00 | 20,394.00 | 0 |
| Non-Current Assets | 4,209,541.00 | 3,956,037.00 | 3,882,847.00 | 3,822,266.00 | 0 |
| Property, Plant, Equipment Net | 1,892,521.00 | 1,606,978.00 | 1,539,327.00 | 1,542,707.00 | 0 |
| Real Estate | 0 | 0 | 0 | 0 | 186.00 |
| Goodwill | 34,023.00 | 34,023.00 | 0 | 0 | 0 |
| Intangible Assets | 22,079.00 | 19,113.00 | 19,713.00 | 20,359.00 | 0 |
| Long-Term Investments | 1,548,392.00 | 1,527,123.00 | 1,520,977.00 | 1,422,295.00 | 0 |
| Non-Current Deferred Assets | 91,677.00 | 131,863.00 | 106,170.00 | 164,351.00 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 1,488,202.00 | 1,364,588.00 | 1,340,286.00 | 2,023,280.00 | 0 |
| Current Liabilities | 479,738.00 | 441,605.00 | 379,597.00 | 844,937.00 | 0 |
| Payables and Expenses | 416,669.00 | 299,895.00 | 250,355.00 | 262,667.00 | 0 |
| Account Payables | 367,204.00 | 293,621.00 | 247,989.00 | 259,641.00 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 3,020.00 |
| Short-Term Debt | 0 | 34,219.00 | 0 | 50,000.00 | 65,793.00 |
| Other Current Liabilities | 0 | 107,491.00 | 0 | 532,270.00 | 0 |
| Non-Current Liabilities | 1,008,464.00 | 922,983.00 | 960,689.00 | 1,178,343.00 | 0 |
| Long-Term Debt | 0 | 672,361.00 | 0 | 878,558.00 | 506,567.00 |
| Other Non-Current Liabilities | 0 | 250,622.00 | 0 | 299,785.00 | 0 |
| Equity | 3,559,701.00 | 3,169,211.00 | 3,162,941.00 | 2,538,531.00 | 0 |
| Shareholders Equity | 3,390,689.00 | 3,006,460.00 | 3,008,850.00 | 2,368,326.00 | 0 |
| Capital Stock | 751,288.00 | 751,288.00 | 751,288.00 | 751,288.00 | 0 |
| Share Premium | 218,450.00 | 218,450.00 | 218,450.00 | 218,450.00 | 0 |
| Retained Earnings | 2,225,611.00 | 1,841,549.00 | 1,841,761.00 | 1,239,526.00 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 195,340.00 | 195,173.00 | 197,351.00 | 159,062.00 | 0 |
| Minority Interest | 169,012.00 | 162,751.00 | 154,091.00 | 170,205.00 | 0 |
| Debt | 0 | 706,580.00 | 0 | 50,000.00 | 65,793.00 |
| Net Debt | 0 | 0 | 0 | 0 | 361,997.00 |
| Common Shares Outstanding | 253,986.87 | 253,986.87 | 253,986.87 | 253,986.87 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 1,154,605.00 | 823,845.00 | 824,802.00 | 900,450.00 | 0 |
| Cost Of Revenue | 795,318.00 | 732,597.00 | 763,473.00 | 813,106.00 | 0 |
| Interest Income | 10,944.00 | 8,703.00 | 4,138.00 | 819.00 | 0 |
| Interest Expense | 43,054.00 | 98,014.00 | 44,094.00 | 53,236.00 | 0 |
| Non-Interest Expense | 85,446.00 | 90,379.00 | 84,922.00 | 89,452.00 | 0 |
| Gross Profit | 359,287.00 | 91,248.00 | 61,329.00 | 87,344.00 | 0 |
| Operating Expenses | 193,753.00 | 172,321.00 | 199,090.00 | 203,579.00 | 0 |
| Selling, General and Administrative Expenses | 85,446.00 | 90,379.00 | 84,922.00 | 89,452.00 | 0 |
| Research and Development Expenses | 965.00 | 437.00 | 401.00 | 379.00 | 0 |
| Other Operating Expenses | 104,386.00 | 78,295.00 | 110,319.00 | 108,920.00 | 0 |
| Operating Income | 165,534.00 | -81,073.00 | -137,761.00 | -116,235.00 | 0 |
| Net Non-Operating Income | 51,568.00 | 33,392.00 | 51,698.00 | 44,171.00 | 0 |
| EBT | 573,449.00 | 82,524.00 | 124,429.00 | 101,129.00 | 0 |
| Income Tax | 156,164.00 | 42,994.00 | 41.00 | -23,671.00 | 0 |
| Net Income Including Non-Controlling Interests | 416,263.00 | 32,682.00 | 602,935.00 | -262,804.00 | 0 |
| Net Income Non-Controlling Interests | -13,574.00 | -12,827.00 | -385.00 | -1,271.00 | 0 |
| Net Income | 402,689.00 | 19,855.00 | 602,550.00 | -264,075.00 | 0 |
| EBIT | 616,503.00 | 180,538.00 | 168,523.00 | 154,365.00 | 0 |
| Deprecation and Amortization | 2,428.00 | 1,998.00 | 2,460.00 | 3,680.00 | 0 |
| EBITDA | 618,931.00 | 182,536.00 | 170,983.00 | 158,045.00 | 0 |
| EPS | 0 | 0.00 | 0.00 | -0.00 | -0.00 |
| Diluted EPS | 0 | 0.00 | 0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 0 | 253,986.87 | 253,986.87 | 253,986.87 | 253,986.87 |
| Average Shares Outstanding Diluted | 0 | 253,986.87 | 253,986.87 | 253,986.87 | 253,986.87 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 0 | 238,347.00 | 0 | 0 |
| Operating Net Income | 0 | 32,682.00 | 0 | 0 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 4,948.00 | 0 | 0 |
| Other Operating Activities | 0 | 200,717.00 | 0 | 0 |
| Investing Cash Flow | -117,924.00 | -205,536.00 | 205,753.00 | -86,287.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -326,612.00 | -228,980.00 | -138,857.00 | -89,570.00 |
| Net Purchase/Sale of Investments Net | 210,534.00 | 245.00 | 1,577.00 | 0 |
| Net Purchase/Sale of Business | 660.00 | 27,003.00 | 298,323.00 | 3,640.00 |
| Other Investing Activities | -2,506.00 | -3,804.00 | 44,710.00 | -357.00 |
| Financing Cash Flow | -109,490.00 | -55,624.00 | -370,500.00 | 461,332.00 |
| Net Issuance/Repayment of Debt | -4,138.00 | -4,475.00 | -54,638.00 | 518,302.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | -18,542.00 | 0 | 0 |
| Other Financing Activities | 0 | -32,607.00 | 0 | -56,970.00 |
| Net Change in Cash | 258,645.00 | -34,128.00 | -123,081.00 | 141,550.00 |
| Cash at Beginning of Period | 219,790.00 | 253,918.00 | 376,999.00 | 235,449.00 |
| Cash at End of Period | 478,435.00 | 219,790.00 | 253,918.00 | 376,999.00 |
| Free Cash Flow | 148,316.00 | -11,637.00 | -110,307.00 | -323,804.00 |
| Breakdown | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|
| Assets | 5,047,903.00 | 4,953,842.00 | 4,592,526.00 | 4,528,290.00 |
| Current Assets | 838,362.00 | 805,883.00 | 515,253.00 | 528,602.00 |
| Cash and Short-Term Investments | 478,435.00 | 457,892.00 | 171,546.00 | 173,962.00 |
| Cash and Cash Equivalents | 478,435.00 | 457,892.00 | 171,546.00 | 173,962.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 260,859.00 | 254,998.00 | 238,424.00 | 262,119.00 |
| Inventory | 79,594.00 | 79,620.00 | 85,360.00 | 69,922.00 |
| Other Current Assets | 19,474.00 | 13,373.00 | 19,923.00 | 22,599.00 |
| Non-Current Assets | 4,209,541.00 | 4,147,959.00 | 4,077,273.00 | 3,999,688.00 |
| Property, Plant, Equipment Net | 1,892,521.00 | 1,778,027.00 | 1,687,886.00 | 1,630,666.00 |
| Goodwill | 34,023.00 | 0 | 0 | 0 |
| Intangible Assets | 22,079.00 | 0 | 0 | 0 |
| Long-Term Investments | 1,548,392.00 | 1,587,033.00 | 1,597,154.00 | 1,538,067.00 |
| Non-Current Deferred Assets | 91,677.00 | 99,001.00 | 126,185.00 | 134,760.00 |
| Other Non-Current Assets | 620,849.00 | 0 | 0 | 0 |
| Liabilities | 1,488,202.00 | 1,422,739.00 | 1,304,308.00 | 1,314,449.00 |
| Current Liabilities | 479,738.00 | 443,976.00 | 368,508.00 | 401,423.00 |
| Payables and Expenses | 416,669.00 | 320,349.00 | 238,835.00 | 252,778.00 |
| Account Payables | 367,204.00 | 266,935.00 | 235,526.00 | 243,642.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 35,889.00 | 33,649.00 | 31,181.00 |
| Other Current Liabilities | 0 | 87,738.00 | 96,024.00 | 117,464.00 |
| Non-Current Liabilities | 1,008,464.00 | 978,763.00 | 935,800.00 | 913,026.00 |
| Long-Term Debt | 0 | 262,048.00 | 658,350.00 | 668,120.00 |
| Other Non-Current Liabilities | 0 | 716,715.00 | 277,450.00 | 244,906.00 |
| Equity | 3,559,701.00 | 3,531,103.00 | 3,288,218.00 | 3,213,841.00 |
| Shareholders Equity | 3,390,689.00 | 3,357,079.00 | 3,120,042.00 | 3,049,322.00 |
| Capital Stock | 751,288.00 | 751,288.00 | 751,288.00 | 751,288.00 |
| Share Premium | 218,450.00 | 218,450.00 | 218,450.00 | 218,450.00 |
| Retained Earnings | 2,225,611.00 | 2,192,001.00 | 1,955,131.00 | 1,884,411.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 195,340.00 | 195,340.00 | 195,173.00 | 195,173.00 |
| Minority Interest | 169,012.00 | 174,024.00 | 168,176.00 | 164,519.00 |
| Debt | 0 | 297,937.00 | 691,999.00 | 699,301.00 |
| Common Shares Outstanding | 253,986.87 | 253,986.87 | 253,986.87 | 253,986.87 |
| Breakdown | 2025-09-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Revenues | 431,038.00 | 299,593.00 | 331,106.00 | 277,105.00 | 246,801.00 |
| Cost Of Revenue | 235,637.00 | 221,048.00 | 218,054.00 | 179,322.00 | 176,894.00 |
| Interest Income | 4,338.00 | 3,317.00 | 3,654.00 | 2,249.00 | 1,724.00 |
| Interest Expense | 20,520.00 | 677.00 | 12,969.00 | 15,431.00 | 13,977.00 |
| Non-Interest Expense | 25,468.00 | 20,976.00 | 23,953.00 | 24,965.00 | 15,552.00 |
| Gross Profit | 195,401.00 | 78,545.00 | 113,052.00 | 97,783.00 | 69,907.00 |
| Operating Expenses | 33,348.00 | 110,558.00 | 31,495.00 | 30,580.00 | 21,120.00 |
| Selling, General and Administrative Expenses | 25,468.00 | 20,976.00 | 23,953.00 | 24,965.00 | 15,552.00 |
| Other Operating Expenses | 7,880.00 | 85,661.00 | 7,542.00 | 5,615.00 | 5,568.00 |
| Operating Income | 162,053.00 | -32,013.00 | 81,557.00 | 67,203.00 | 48,787.00 |
| Net Non-Operating Income | -7,741.00 | -150,619.00 | 204,751.00 | -649.00 | -1,915.00 |
| EBT | 220,850.00 | 58,848.00 | 344,026.00 | 96,478.00 | 74,097.00 |
| Income Tax | 41,627.00 | 28,937.00 | 98,141.00 | 22,001.00 | 7,085.00 |
| Net Income Including Non-Controlling Interests | 178,999.00 | 30,410.00 | 244,426.00 | 74,374.00 | 67,053.00 |
| Net Income Non-Controlling Interests | -11,850.00 | 3,204.00 | -7,499.00 | -3,654.00 | -5,625.00 |
| Net Income | 167,149.00 | 33,614.00 | 236,927.00 | 70,720.00 | 61,428.00 |
| EBIT | 241,370.00 | 59,525.00 | 356,995.00 | 111,909.00 | 88,074.00 |
| Deprecation and Amortization | 31,844.00 | 0 | 44,312.00 | 34,399.00 | 41,503.00 |
| EBITDA | 273,214.00 | 59,525.00 | 401,307.00 | 146,308.00 | 129,577.00 |
| EPS | 0.00 | 0 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 253,986.87 | 0 | 254,760.21 | 253,986.87 | 253,986.87 |
| Average Shares Outstanding Diluted | 253,986.87 | 0 | 254,760.21 | 253,986.87 | 253,986.87 |
| Breakdown | 2025-09-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 185,879.00 | 0 | 180,824.00 | 110,081.00 | 17,063.00 |
| Operating Net Income | 178,999.00 | 0 | 244,426.00 | 74,374.00 | 67,053.00 |
| Deprecation and Amortization | 31,844.00 | 0 | 44,312.00 | 34,399.00 | 41,503.00 |
| Deferred Income Tax | 41,617.00 | 0 | 98,141.00 | 8,650.00 | -1,857.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 8,458.00 | 0 | 66,662.00 | -15,118.00 | -59,848.00 |
| Other Operating Activities | -75,039.00 | 0 | -272,717.00 | 7,776.00 | -29,788.00 |
| Investing Cash Flow | -135,667.00 | -100,278.00 | 117,784.00 | -80,255.00 | -55,175.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -135,667.00 | -99,430.00 | -95,332.00 | -79,946.00 | -55,175.00 |
| Net Purchase/Sale of Investments Net | 0 | 210,534.00 | 3,271.00 | 1,060.00 | 0 |
| Net Purchase/Sale of Business | 0 | -210,400.00 | 210,000.00 | 0 | 0 |
| Other Investing Activities | 0.00 | -982.00 | -155.00 | 0 | 0 |
| Financing Cash Flow | -153,025.00 | -57,270.00 | -12,262.00 | -32,242.00 | -7,716.00 |
| Net Issuance/Repayment of Debt | -1,696.00 | -563.00 | -1,782.00 | -964.00 | -829.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | -18,477.00 | 0 |
| Other Financing Activities | -151,329.00 | 0 | 0 | -12,801.00 | 0 |
| Net Change in Cash | -102,813.00 | 20,543.00 | 286,346.00 | -2,416.00 | -45,828.00 |
| Cash at Beginning of Period | 588,537.00 | 457,892.00 | 171,546.00 | 197,820.00 | 219,790.00 |
| Cash at End of Period | 485,724.00 | 478,435.00 | 457,892.00 | 195,404.00 | 173,962.00 |
| Free Cash Flow | 49,064.00 | 77,117.00 | 85,376.00 | -33,815.00 | -40,687.00 |