# Scandal Or Not, Grupo Aval's Current Valuation Is Attractive (NYSE:AVAL) | Seeking Alpha

> Seeking Alpha analysis argues that Grupo Aval, a Colombian banking group, is attractively valued at about 8x earnings despite a 53% share price decline since its 2014 NYSE listing. The author attributes the weakness to an Odebrecht bribery scandal and a weaker peso. The piece expects tax reform to boost future earnings.

- Date: 2019-01-11 · published 2019-01-11T12:00:00.000Z
- Category: market · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/61365-scandal-or-not-grupo-aval-s-current-valuation-is-attractive-nyse-aval-seeking
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

This is equity valuation commentary about a single bank with no new supply, demand or price driver for feed commodities. It has no meaningful effect on feed markets.

## Sources

- seekingalpha.com: https://seekingalpha.com/article/4232815-scandal-or-not-grupo-avals-current-valuation-is-attractive

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.