Market Closed -
Sao Paulo
16:07:38 2024-05-31 EDT
|
5-day change
|
1st Jan Change
|
25.07
BRL
|
-2.83%
|
|
-3.80%
|
-14.73%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
36,800
|
41,301
|
40,026
|
39,085
|
50,403
|
42,998
|
-
|
-
|
Enterprise Value (EV)
1 |
37,628
|
42,074
|
41,175
|
44,709
|
57,058
|
50,168
|
50,712
|
50,969
|
P/E ratio
|
67.9
x
|
71.4
x
|
49.3
x
|
39.4
x
|
46.3
x
|
31
x
|
22.9
x
|
19.3
x
|
Yield
|
0.57%
|
0.1%
|
-
|
-
|
-
|
1.07%
|
1.85%
|
2.08%
|
Capitalization / Revenue
|
2.1
x
|
2.06
x
|
1.66
x
|
1.34
x
|
1.48
x
|
1.1
x
|
0.96
x
|
0.84
x
|
EV / Revenue
|
2.15
x
|
2.1
x
|
1.71
x
|
1.54
x
|
1.68
x
|
1.28
x
|
1.13
x
|
1
x
|
EV / EBITDA
|
28
x
|
29.4
x
|
22.8
x
|
19.8
x
|
21.9
x
|
11.5
x
|
9.75
x
|
8.46
x
|
EV / FCF
|
55.5
x
|
52.3
x
|
60.3
x
|
90.6
x
|
119
x
|
34.7
x
|
28.5
x
|
24.4
x
|
FCF Yield
|
1.8%
|
1.91%
|
1.66%
|
1.1%
|
0.84%
|
2.88%
|
3.5%
|
4.1%
|
Price to Book
|
9.14
x
|
9.47
x
|
8.56
x
|
7.32
x
|
8.46
x
|
6.05
x
|
5.32
x
|
4.87
x
|
Nbr of stocks (in thousands)
|
1,714,103
|
1,715,363
|
1,713,046
|
1,713,657
|
1,714,382
|
1,715,124
|
-
|
-
|
Reference price
2 |
21.47
|
24.08
|
23.37
|
22.81
|
29.40
|
25.07
|
25.07
|
25.07
|
Announcement Date
|
2/19/20
|
3/9/21
|
2/22/22
|
3/7/23
|
3/5/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
17,503
|
20,067
|
24,127
|
29,067
|
33,974
|
39,180
|
44,860
|
51,043
|
EBITDA
1 |
1,344
|
1,429
|
1,807
|
2,262
|
2,603
|
4,363
|
5,202
|
6,022
|
EBIT
1 |
840.6
|
865.3
|
1,180
|
2,262
|
2,603
|
2,466
|
3,050
|
3,732
|
Operating Margin
|
4.8%
|
4.31%
|
4.89%
|
7.78%
|
7.66%
|
6.29%
|
6.8%
|
7.31%
|
Earnings before Tax (EBT)
1 |
649.1
|
743.2
|
1,065
|
1,193
|
1,312
|
1,787
|
2,431
|
2,971
|
Net income
1 |
542.9
|
579.3
|
815.2
|
996.1
|
1,151
|
1,372
|
1,785
|
2,150
|
Net margin
|
3.1%
|
2.89%
|
3.38%
|
3.43%
|
3.39%
|
3.5%
|
3.98%
|
4.21%
|
EPS
2 |
0.3161
|
0.3373
|
0.4739
|
0.5788
|
0.6356
|
0.8090
|
1.095
|
1.302
|
Free Cash Flow
1 |
678.6
|
804.2
|
683.1
|
493.5
|
480.7
|
1,447
|
1,777
|
2,089
|
FCF margin
|
3.88%
|
4.01%
|
2.83%
|
1.7%
|
1.42%
|
3.69%
|
3.96%
|
4.09%
|
FCF Conversion (EBITDA)
|
50.5%
|
56.27%
|
37.8%
|
21.81%
|
18.47%
|
33.16%
|
34.16%
|
34.69%
|
FCF Conversion (Net income)
|
124.99%
|
138.83%
|
83.8%
|
49.54%
|
41.77%
|
105.47%
|
99.58%
|
97.18%
|
Dividend per Share
2 |
0.1234
|
0.0231
|
-
|
-
|
-
|
0.2685
|
0.4636
|
0.5212
|
Announcement Date
|
2/19/20
|
3/9/21
|
2/22/22
|
3/7/23
|
3/5/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
6,474
|
6,563
|
7,179
|
7,490
|
7,836
|
7,931
|
9,025
|
9,288
|
8,924
|
9,100
|
9,787
|
9,969
|
10,248
|
10,421
|
EBITDA
|
448.1
|
388.4
|
727.5
|
546.8
|
599.4
|
563
|
767.6
|
658.1
|
614.5
|
679.9
|
-
|
-
|
-
|
-
|
EBIT
1 |
276.9
|
220.7
|
555.7
|
369.9
|
599.4
|
374.3
|
573
|
453.8
|
614.5
|
563
|
754.2
|
614.4
|
609.4
|
664.8
|
Operating Margin
|
4.28%
|
3.36%
|
7.74%
|
4.94%
|
7.65%
|
4.72%
|
6.35%
|
4.89%
|
6.89%
|
6.19%
|
7.71%
|
6.16%
|
5.95%
|
6.38%
|
Earnings before Tax (EBT)
1 |
-
|
155.1
|
-
|
272.3
|
292.8
|
203.5
|
446.8
|
344.8
|
304.3
|
280.1
|
536.9
|
442.6
|
485.7
|
-
|
Net income
1 |
187.2
|
153.6
|
354.8
|
215.4
|
285.2
|
192.3
|
363.2
|
296.5
|
284.7
|
187.8
|
389.9
|
328.9
|
358.6
|
-
|
Net margin
|
2.89%
|
2.34%
|
4.94%
|
2.88%
|
3.64%
|
2.42%
|
4.02%
|
3.19%
|
3.19%
|
2.06%
|
3.98%
|
3.3%
|
3.5%
|
-
|
EPS
2 |
0.1368
|
0.0812
|
0.2059
|
0.1252
|
0.1654
|
0.1099
|
0.2028
|
0.1586
|
0.1643
|
0.1126
|
0.2437
|
0.1909
|
0.1946
|
0.1900
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.1177
|
-
|
0.1247
|
-
|
Announcement Date
|
2/22/22
|
5/3/22
|
7/29/22
|
10/31/22
|
3/7/23
|
5/2/23
|
8/8/23
|
10/31/23
|
3/5/24
|
5/7/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
827
|
773
|
1,149
|
5,624
|
6,655
|
7,170
|
7,714
|
7,971
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.6157
x
|
0.5409
x
|
0.6358
x
|
2.486
x
|
2.556
x
|
1.643
x
|
1.483
x
|
1.324
x
|
Free Cash Flow
1 |
679
|
804
|
683
|
493
|
481
|
1,447
|
1,777
|
2,089
|
ROE (net income / shareholders' equity)
|
14.4%
|
13.8%
|
17.4%
|
19.9%
|
18.7%
|
21.5%
|
24.8%
|
27.2%
|
ROA (Net income/ Total Assets)
|
5.54%
|
4.61%
|
5.51%
|
6.23%
|
5.66%
|
10.1%
|
11.3%
|
-
|
Assets
1 |
9,800
|
12,568
|
14,791
|
15,980
|
20,333
|
13,519
|
15,760
|
-
|
Book Value Per Share
2 |
2.350
|
2.540
|
2.730
|
3.120
|
3.470
|
4.140
|
4.710
|
5.150
|
Cash Flow per Share
2 |
0.5600
|
0.8600
|
0.9000
|
0.9800
|
1.080
|
1.490
|
1.690
|
2.410
|
Capex
1 |
287
|
673
|
867
|
1,189
|
1,305
|
1,111
|
1,285
|
1,289
|
Capex / Sales
|
1.64%
|
3.35%
|
3.6%
|
4.09%
|
3.84%
|
2.84%
|
2.86%
|
2.53%
|
Announcement Date
|
2/19/20
|
3/9/21
|
2/22/22
|
3/7/23
|
3/5/24
|
-
|
-
|
-
|
Last Close Price
25.07
BRL Average target price
30.5
BRL Spread / Average Target +21.66% Consensus |