Financials SLC Agrícola S.A.

Equities

SLCE3

BRSLCEACNOR2

Fishing & Farming

Delayed Sao Paulo 14:04:39 2024-06-12 EDT 5-day change 1st Jan Change
17.53 BRL -2.67% Intraday chart for SLC Agrícola S.A. +0.06% -6.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,620 5,142 8,547 9,683 8,096 7,724 - -
Enterprise Value (EV) 1 6,124 5,955 10,995 11,901 10,876 12,453 11,520 12,638
P/E ratio 15 x 10.6 x 8.06 x 7.76 x 9.12 x 10.1 x 7.33 x 7.3 x
Yield 3.12% 4.51% 5.93% 6.28% 4.7% 4.75% 4.71% 5.11%
Capitalization / Revenue 1.52 x 1.33 x 1.35 x 1.01 x 1.12 x 1.04 x 1.02 x 1.03 x
EV / Revenue 2.01 x 1.54 x 1.74 x 1.24 x 1.5 x 1.68 x 1.53 x 1.69 x
EV / EBITDA 7.7 x 6.2 x 6.52 x 3.91 x 4.02 x 5.47 x 4.46 x 5.01 x
EV / FCF 20.6 x 10 x 317 x 7.71 x 8.13 x 15.7 x 19.5 x 20.7 x
FCF Yield 4.85% 9.99% 0.32% 13% 12.3% 6.36% 5.13% 4.83%
Price to Book 1.67 x 1.75 x 2.41 x 2.14 x 1.68 x 1.43 x 1.38 x 1.27 x
Nbr of stocks (in thousands) 450,835 453,323 459,320 454,095 430,194 439,841 - -
Reference price 2 10.25 11.34 18.61 21.32 18.82 17.56 17.56 17.56
Announcement Date 3/11/20 3/19/21 3/15/22 3/8/23 3/6/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,041 3,873 6,324 9,590 7,231 7,415 7,546 7,492
EBITDA 1 795.5 960.3 1,685 3,047 2,709 2,276 2,584 2,524
EBIT 1 689.7 840.6 1,539 2,869 2,489 1,814 2,023 2,120
Operating Margin 22.68% 21.7% 24.34% 29.92% 34.42% 24.46% 26.81% 28.3%
Earnings before Tax (EBT) 1 414.7 689.2 1,561 1,806 1,224 1,101 1,532 1,500
Net income 1 311.5 488.7 1,062 1,267 895.6 765.8 1,105 1,034
Net margin 10.24% 12.62% 16.79% 13.22% 12.39% 10.33% 14.65% 13.81%
EPS 2 0.6838 1.074 2.307 2.749 2.063 1.742 2.395 2.407
Free Cash Flow 1 297 594.7 34.69 1,543 1,338 792 591 611
FCF margin 9.77% 15.36% 0.55% 16.09% 18.5% 10.68% 7.83% 8.16%
FCF Conversion (EBITDA) 37.33% 61.93% 2.06% 50.63% 49.39% 34.8% 22.87% 24.21%
FCF Conversion (Net income) 95.34% 121.7% 3.27% 121.72% 149.36% 103.42% 53.47% 59.06%
Dividend per Share 2 0.3198 0.5112 1.103 1.340 0.8839 0.8343 0.8275 0.8966
Announcement Date 3/11/20 3/19/21 3/15/22 3/8/23 3/6/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2
Net sales 1 - 1,665 1,353 2,322 2,093 2,130 1,648 1,919 1,957 2,278 1,563 1,675 1,841 2,112
EBITDA 1 - 820.3 377.8 589.6 933.6 569.7 491.9 673.4 704.2 542 471.6 621 674 665.9
EBIT 1 - - - 536.9 885.3 517.8 434.5 611.2 644 485.9 411.3 556.7 603.2 600.2
Operating Margin - - - 23.12% 42.3% 24.31% 26.37% 31.86% 32.91% 21.33% 26.32% 33.23% 32.77% 28.41%
Earnings before Tax (EBT) 1 - - - 110 825.5 471.4 224 -297 308.1 369.8 145.1 320.8 403.2 412
Net income 1 745.1 - - 112.1 538.9 334.2 164.8 -142.3 223 188.9 122.6 240.5 274.9 274.4
Net margin - - - 4.83% 25.75% 15.69% 10% -7.42% 11.4% 8.29% 7.84% 14.35% 14.93% 12.99%
EPS 2 162,108 - - 0.2277 1.299 0.8054 0.3281 -0.3694 - 0.4296 0.2786 0.5468 0.6250 0.6238
Dividend per Share 2 - - - - - - - 0.8839 - 0.3826 0.1501 0.3319 0.3208 0.3279
Announcement Date 5/11/22 8/10/22 11/4/22 3/8/23 5/15/23 8/9/23 11/8/23 3/6/24 5/8/24 - - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,504 813 2,448 2,218 2,780 4,729 3,796 4,914
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.89 x 0.8469 x 1.453 x 0.7281 x 1.026 x 2.078 x 1.469 x 1.947 x
Free Cash Flow 1 297 595 34.7 1,543 1,338 792 591 611
ROE (net income / shareholders' equity) 11.6% 16.6% 32.9% 31.2% 18.8% 14.7% 17.4% 17.1%
ROA (Net income/ Total Assets) 4.9% - 9.9% 11.2% 5.83% 7.2% 8.47% 6.4%
Assets 1 6,357 - 10,728 11,341 15,362 10,636 13,056 16,164
Book Value Per Share 2 6.150 6.480 7.710 9.970 11.20 12.30 12.70 13.80
Cash Flow per Share 2 1.170 1.730 0.9500 4.320 4.270 3.150 2.840 -
Capex 1 235 190 400 449 515 1,087 764 785
Capex / Sales 7.73% 4.91% 6.33% 4.68% 7.12% 14.66% 10.13% 10.47%
Announcement Date 3/11/20 3/19/21 3/15/22 3/8/23 3/6/24 - - -
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
17.56 BRL
Average target price
23.95 BRL
Spread / Average Target
+36.39%
Consensus
  1. Stock Market
  2. Equities
  3. SLCE3 Stock
  4. Financials SLC Agrícola S.A.