Evertec, Inc. — Earnings Quality Grade F
EVTC · Technology
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 64 days, change +4 days YoY
AR growth 17.8% exceeds revenue growth 10.2%
Revenue grew 10.2% but CFFO declined -12.7%
Small-cap context: Small-cap revenue/CFFO ratio is sensitive to growth-stage working-capital draws.
Expense Quality
No material inventory
CapEx growth 3.5% vs revenue 10.2%. Normal
SG&A/Gross Profit = 33.3%. Normal
Gross margin 49.7%, change -2.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.60. Profits backed by cash
FCF $0.1B, FCF/NI = 0.96
Accruals ratio = -3.8%. Low accruals
Cash $0.3B covers only 27% of debt $1.1B
Balance Sheet Health
Goodwill+Intangibles $1.4B = 232% of equity. Over 50%
Debt/EBITDA = 3.3x. Healthy
Other assets -18.7% vs revenue 10.2%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 25% YoY. Normal
Manipulation Score
M-Score = -2.42 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25