Grupo Financiero Galicia S.A. (GGAL) Financial Ratios
25 years of historical data (2000–2024) · Financial Services · Banks - Regional
EV/EBITDA
↑
2.67
—
5yr avg: N/A
30Y Low0.6·High23.3
P/FCF
↓
N/A
—
5yr avg: 0.00
30Y Low0.0·High2.8
P/B Ratio
↓
1.48
↑+78880% vs avg
5yr avg: 0.00
30Y Low0.0·High0.7
ROE
↑
40.2%
↓+11% vs avg
5yr avg: 36.3%
30Y Low-174%·High43%
Debt/EBITDA
↑
0.90
↑+51% vs avg
5yr avg: 0.60
30Y Low0.3·High23.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GGAL Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Grupo Financiero Galicia S.A. trades at 5.1x earnings, 43838% above its 5-year average of 0.0x, sitting at the 90th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a discount of 61%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.7B | $9.2B | $255M | $1.4B | $1.4B | $1.3B | $2.3B | $3.9B | $5.2B | $350M | $352M |
| Enterprise Value | $4.6B | $-193902463352 | $-1529905126037 | $-900990437684 | $-300782308292 | $-177635906240 | $-78605789405 | $-25985087895 | $32.6B | $-1702320662 | $-5627022238 |
| P/E Ratio → | 5.09 | 0.01 | 0.00 | 0.01 | 0.01 | 0.03 | 0.08 | — | 0.49 | 0.58 | 0.81 |
| P/S Ratio | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.01 | 0.01 |
| P/B Ratio | 1.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.04 | 0.08 | 0.02 | 0.02 |
| P/FCF | — | — | 0.00 | 0.00 | — | 0.00 | 0.01 | 0.22 | — | 0.01 | 0.02 |
| P/OCF | — | — | 0.00 | 0.00 | — | 0.00 | 0.01 | 0.16 | — | 0.01 | 0.02 |
P/E links to full P/E history page with 30-year chart
GGAL EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Grupo Financiero Galicia S.A.'s enterprise value stands at 2.7x EBITDA. The Financial Services sector median is 11.5x, placing the stock at a 77% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.02 | -0.11 | -0.11 | -0.11 | -0.21 | -0.15 | -0.10 | 0.22 | -0.03 | -0.16 |
| EV / EBITDA | 2.67 | -0.08 | -1.12 | -1.42 | -0.80 | -1.11 | -0.85 | -2.47 | 1.29 | -0.18 | -0.76 |
| EV / EBIT | 2.90 | -0.09 | -1.29 | -2.03 | -1.04 | -1.30 | -0.95 | -3.68 | 1.42 | -0.18 | -0.79 |
| EV / FCF | — | — | -0.96 | -0.52 | — | -0.34 | -0.50 | -1.43 | — | -0.07 | -0.38 |
GGAL Profitability
Margins and return-on-capital ratios measuring operating efficiency
Grupo Financiero Galicia S.A. earns an operating margin of 20.8%, roughly in line with the Financial Services sector average. Operating margins have expanded from 5.2% to 20.8% over the past 3 years, signaling improving operational efficiency. Return on equity of 40.2% is exceptionally high — well above the sector median of 9.4%. ROIC of 31.0% represents excellent returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.7% | 62.7% | 49.5% | 50.8% | 56.9% | 57.5% | 52.4% | 52.0% | 66.7% | 59.2% | 61.7% |
| Operating Margin | 20.8% | 20.8% | 8.5% | 5.2% | 10.1% | 15.7% | 16.2% | 2.6% | 15.5% | 19.0% | 20.5% |
| Net Profit Margin | 15.3% | 15.3% | 5.3% | 3.9% | 6.6% | 8.5% | 9.6% | -2.7% | 7.1% | 12.2% | 12.4% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 40.2% | 40.2% | 37.5% | 26.5% | 43.4% | 34.1% | 38.3% | -8.9% | 23.4% | 32.2% | 32.6% |
| ROA | 7.6% | 7.6% | 7.1% | 4.8% | 7.8% | 5.9% | 5.4% | -1.1% | 2.9% | 3.0% | 3.2% |
| ROIC | 31.0% | 31.0% | 36.4% | 21.2% | 38.8% | 33.1% | 26.2% | 3.0% | 19.7% | 21.6% | 21.6% |
| ROCE | 19.5% | 19.5% | 12.2% | 6.8% | 12.1% | 11.2% | 9.6% | 1.1% | 6.4% | 4.9% | 6.0% |
GGAL Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Grupo Financiero Galicia S.A. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (78% below the sector average of 4.1x). The company holds a net cash position — cash of $3.8T exceeds total debt of $2.2T, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.7x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.36 | 0.36 | 0.23 | 0.26 | 0.27 | 0.31 | 0.61 | 1.27 | 1.04 | 0.70 | 0.79 |
| Debt / EBITDA | 0.90 | 0.90 | 0.34 | 0.78 | 0.43 | 0.54 | 1.04 | 11.49 | 2.79 | 1.57 | 1.67 |
| Net Debt / Equity | — | -0.03 | -0.76 | -0.48 | -0.51 | -0.65 | -0.51 | -0.31 | 0.41 | -0.09 | -0.38 |
| Net Debt / EBITDA | -0.08 | -0.08 | -1.12 | -1.42 | -0.80 | -1.11 | -0.87 | -2.84 | 1.09 | -0.21 | -0.81 |
| Debt / FCF | — | — | -0.96 | -0.52 | — | -0.34 | -0.51 | -1.64 | — | -0.09 | -0.40 |
| Interest Coverage | 0.71 | 0.71 | 0.18 | 0.12 | 0.26 | 0.51 | 0.42 | 0.08 | 0.60 | 0.55 | 0.65 |
Net cash position: cash ($3.76T) exceeds total debt ($2.16T)
GGAL Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.66x is below 1.0, meaning current liabilities exceed current assets — though the company's $3.8T cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 1.09x to 0.66x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.66 | 0.66 | 2.70 | 1.09 | 8.50 | 5.10 | 4.20 | 3.27 | 2.90 | 12.28 | 1.06 |
| Quick Ratio | 0.66 | 0.66 | 2.70 | 1.09 | 8.50 | 5.10 | 4.20 | 3.27 | 2.90 | 12.28 | 1.06 |
| Cash Ratio | 0.20 | 0.20 | 2.66 | 2.42 | 8.50 | 4.38 | 4.65 | 3.27 | 2.90 | 12.28 | 1.06 |
| Asset Turnover | — | 0.33 | 1.36 | 0.81 | 0.88 | 0.54 | 0.55 | 0.30 | 0.30 | 0.20 | 0.22 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
GGAL Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Grupo Financiero Galicia S.A. returns 6.9% to shareholders annually — split between a 6.9% dividend yield and 0.0% buyback yield. The payout ratio of 37.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 19.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 63.2% | 16.6% | 42.9% | 28.4% |
| Payout Ratio | 37.8% | 37.8% | 24.4% | 20.1% | 6.2% | 8.1% | 7.4% | — | 8.2% | 2.5% | 2.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 19.7% | 19043.6% | 31300.5% | 10541.6% | 13477.3% | 3073.2% | 1285.3% | — | 202.4% | 172.0% | 123.3% |
| FCF Yield | — | — | 625604.2% | 121026.7% | — | 41185.8% | 6804.0% | 463.1% | — | 6888.7% | 4227.3% |
| Buyback Yield | 0.0% | 10.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 6.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 63.2% | 16.6% | 42.9% | 28.4% |
| Shares Outstanding | — | $148M | $15M | $147M | $147M | $144M | $143M | $143M | $78M | $13M | $13M |
Peer Comparison
Compare GGAL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GGALYou | $6B | 5.1 | 2.7 | — | 62.7% | 20.8% | 40.2% | 31.0% | 0.9 |
 BMA | $5B | 20.5 | 8.5 | 8.3 | 68.3% | 5.6% | 7.7% | 5.5% | 0.9 |
 BBAR | $3B | 12.4 | 3.7 | — | 65.9% | 8.5% | 12.7% | 10.7% | 0.7 |
 SUPV | $751M | -18.3 | — | — | 39.5% | -4.8% | -6.3% | -5.7% | — |
 BSAC | $14B | 0.0 | 17.0 | 20.5 | 48.8% | 26.7% | 18.4% | 4.5% | 11.5 |
 ITUB | $90B | 10.3 | 20.6 | 3.5 | 34.5% | 13.1% | 20.6% | 3.2% | 17.6 |
 BBD | $40B | 8.5 | — | — | 34.6% | -1.1% | 13.3% | -0.3% | — |
 BSBR | $43B | 17.6 | 7.4 | 161.0 | 27.5% | 11.0% | 10.4% | 4.9% | 6.7 |
 GFI | $40B | 32.5 | 15.5 | 56.7 | 42.5% | 40.2% | 24.9% | 24.0% | 1.1 |
 BAP | $26B | 16.1 | 9.1 | 6.6 | 64.2% | 29.0% | 16.2% | 8.2% | 4.4 |
 BVN | $9B | 10.9 | 11.5 | 82.1 | 43.0% | 35.6% | 20.1% | 11.4% | 0.9 |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonGGAL — Frequently Asked Questions
Quick answers to the most common questions about buying GGAL stock.
What is Grupo Financiero Galicia S.A.'s P/E ratio?
Grupo Financiero Galicia S.A.'s current P/E ratio is 5.1x. The historical average is 2.2x. This places it at the 90th percentile of its historical range.
What is Grupo Financiero Galicia S.A.'s EV/EBITDA?
Grupo Financiero Galicia S.A.'s current EV/EBITDA is 2.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.0x.
What is Grupo Financiero Galicia S.A.'s ROE?
Grupo Financiero Galicia S.A.'s return on equity (ROE) is 40.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 11.5%.
Is GGAL stock overvalued?
Based on historical data, Grupo Financiero Galicia S.A. is trading at a P/E of 5.1x. This is at the 90th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Grupo Financiero Galicia S.A.'s dividend yield?
Grupo Financiero Galicia S.A.'s current dividend yield is 6.87% with a payout ratio of 37.8%.
What are Grupo Financiero Galicia S.A.'s profit margins?
Grupo Financiero Galicia S.A. has 62.7% gross margin and 20.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Grupo Financiero Galicia S.A. have?
Grupo Financiero Galicia S.A.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.