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Banco de Valores S.A (VALO) Fair Value & Analysis

Financial Services · AR · Market cap 723B ARS

BD Banco de Valores S.A VALO · BA
Price630.50 ARS
Fair Value539.91 ARS
Upside-14.4%
Quality31/100
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Mixed Growth
Highly profitable · 22.2% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/13)
Wide moat 69/100
Evidence: High Range 404.93 ARS – 674.88 ARS Share as image

Fair value as of: Jul 27, 2026

From 6 valuation models · updated 14 days ago

Share price −7.2% over the past month.

Below-average quality, and screening another 14% overvalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from 404.93 ARS (bear) to 674.88 ARS (bull), base 539.91 ARS. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 31/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

733.63 ARS 19.19 ARS Fair Value 539.91 ARS Feb 2021 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 27, 2026.

How to read this chart

60‑month range 19.19 ARS – 733.63 ARS · fair‑value band 404.93 ARS – 674.88 ARS · the 630.50 ARS price screens above the 539.91 ARS fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 27, 2026.

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Analysis

Banco de Valores S.A (VALO) currently trades at 630.50 ARS, while our model-based Fair Value estimate is 539.91 ARS, implying the stock looks roughly 14.4% overvalued today. The Quality Score stands at 31/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Banco de Valores S.A generated revenue of 238B ARS at a net margin of 22.2%. Revenue grew 19.6% year over year. It earns a return on equity of 16.9%. The stock trades on a trailing P/E of 13.4. Fundamentals as of Jul 27, 2026

Our scenario range runs from 404.93 ARS (bear case) to 674.88 ARS (bull case); at 630.50 ARS, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 15% below its 52-week high and 177% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 16% fair-value upside, at -14%, VALO screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 341.26 ARS 477.18 ARS 1,980 ARS 76
Gordon GGM 25.82 ARS 56.37 ARS 94.85 ARS 70
P/E Multiple 476.39 ARS 635.19 ARS 793.98 ARS 63
All 6 models by family
Dividend Discount
Gordon GGM 25.82 ARS 56.37 ARS 94.85 ARS 70
DDM Multi-Stage 25.82 ARS 46.18 ARS 58.75 ARS 61
Multiples
P/E Multiple 476.39 ARS 635.19 ARS 793.98 ARS 63
P/B Multiple 333.47 ARS 444.63 ARS 555.78 ARS 55
Asset-Based
NCAV (Graham) 158.80 ARS 212.79 ARS 317.59 ARS 50
Economic Profit
Residual Income 341.26 ARS 477.18 ARS 1,980 ARS 76

Widest divergence: Economic Profit (477.18 ARS) versus Dividend Discount (46.18 ARS). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 238B ARS
Revenue growth (YoY) +19.6%
Net margin 22.2%
Return on equity 16.9%
Free cash flow −168B ARS FY2025
P/E ratio 13.4
More key figures
Operating margin 30.7%
EPS (TTM) 47.11 ARS
EPS growth (YoY) -28.2%

Figures from reported company fundamentals · as of Jul 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 33 · Market factors (momentum, volatility) 77

Profitability 34
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 75
Price trend over the last 3–12 months (market factor)
52W Momentum 89
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Banco de Valores S.A. provides various services in financial trusts and mutual funds in Argentina. It offers financial trustee services; and advisory services for structuring and placement of financial trusts, as well as shares and debt issuance, and rating services.

Full company description

Banco de Valores S.A. provides various services in financial trusts and mutual funds in Argentina. It offers financial trustee services; and advisory services for structuring and placement of financial trusts, as well as shares and debt issuance, and rating services. The company is also involved in the custodian of assets in non-financial trusts for institutional clients; and Open-ended and closed-end mutual funds products. In addition, it engages in the financing operations; and provision of integral settlement and clearing agents services, as well as corporate, API, and investment banking services. The company was incorporated in 1977 and is based in Buenos Aires, Argentina.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Banco de Valores S.A reported revenue of 383B ARS in FY2025 versus 32.4B ARS in FY2021, a compound +85.4%/yr. Reported net income was 56.0B ARS in FY2025, compounding +199.8%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
383B ARS
Latest YoY
−41.7%
Avg. growth/yr (3Y)
+77.2%
Avg. growth/yr (5Y)
+90.4%
Avg. growth/yr (9Y)
+92.8%
Revenue +85.4%/yr
FY21 32.4B ARS
FY22 68.8B ARS
FY23 881B ARS
FY24 657B ARS
FY25 383B ARS
Net income +199.8%/yr
FY21 693M ARS
FY22 1.6B ARS
FY23 18.1B ARS
FY24 27.9B ARS
FY25 56.0B ARS

VALO screens 14% overvalued. Compare with JPMorgan Chase & Co →

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Cite: Fair Value Calculator (2026). "Banco de Valores S.A Fair Value". https://www.fairvalue-calculator.com/stock/VALO

Peer Group

Banks - Diversified · 47 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 35 · Bottom 25%
Fair Value upside −14% · Bottom 25%
Return on equity (TTM) 17% · Top 25%
Return on assets 2% · Top 25%
Net margin (TTM) 22% · Bottom 25%
Operating margin (TTM) 31% · Bottom 25%
Revenue growth 20% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.12× · Lower than 75% of peers

Valuation Multiples vs Banks - Diversified median · lower = cheaper

P/E (TTM) 13.4× · Cheaper than median
P/B 1.99× · Pricier than 75% of peers
P/S (TTM) 3.03× · Cheaper than 75% of peers
EV/EBITDA 19.8× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 14 · sector 37
FUTURE 98 · sector 25
PAST 67 · sector 42
HEALTH 94 · sector 52
DIVIDEND 0 · sector 67

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banks - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 27, 2026).

Stock Price Fair Value vs Fair Value
JPMorgan Chase & Co JPM $341.10 $278.99 -18%
Bank of America Corporation BAC $59.67 $55.89 -6%
China Construction Bank Corporation 601939 ¥10.16 ¥17.20 +69%
Industrial and Commercial Bank of China Limited 601398 ¥7.50 ¥13.44 +79%
HSBC Holdings HSBC $100.52 $84.67 -16%
Agricultural Bank of China Limited 601288 ¥6.37 ¥11.85 +86%
Royal Bank of Canada RY C$305.74 C$190.48 -38%
Bank of China Limited 601988 ¥5.88 ¥9.80 +67%
Wells Fargo & Company WFCS C$23.58 C$27.40 +16%
Banco Santander, S.A SAN 51.02 PLN 55.60 PLN +9%

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Frequently asked questions

Is Banco de Valores S.A (VALO) overvalued or undervalued?
As of Jul 27, 2026, our model estimates a fair value of 539.91 ARS versus a price of 630.50 ARS, about −14% (overvalued).
What is the fair value of VALO?
Our model-based fair value for Banco de Valores S.A is 539.91 ARS (as of Jul 27, 2026), built from audited fundamentals. The current price is 630.50 ARS.
What is the quality score of VALO?
Banco de Valores S.A has a Quality Score of 31/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Banco de Valores S.A (VALO)?
Banco de Valores S.A reported trailing-twelve-month revenue of about 238B ARS (latest available figure, as of Jul 27, 2026).
What is the net profit margin of VALO?
The net profit margin of Banco de Valores S.A is about 22.2%, meaning it keeps roughly 22.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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