Company Valuation: EVEN Construtora e Incorporadora S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,345 946.5 1,613 1,066 1,527 663.3 - -
Change - -29.64% 70.45% -33.93% 43.23% -56.55% - -
Enterprise Value (EV) 1 766 773.9 2,008 1,478 2,040 1,382 1,485 1,491
Change - 1.03% 159.43% -26.38% 38.06% -32.26% 7.45% 0.42%
P/E 5.82x 9.02x 7.54x - 5.48x 2.53x 2.07x 1.83x
PBR 0.74x 0.49x 0.84x - 0.81x 0.33x 0.3x 0.27x
PEG - -0.2x 0x - - -0.36x 0.1x 0.1x
Capitalization / Revenue 0.59x 0.41x 0.54x 0.49x 0.8x 0.38x 0.29x 0.29x
EV / Revenue 0.34x 0.33x 0.68x 0.69x 1.06x 0.79x 0.65x 0.66x
EV / EBITDA 2.55x 4.29x 5.39x 13.4x 7x 4.02x 3.49x 3.04x
EV / EBIT 2.89x 6.01x 7.21x 14.6x 8.96x 4.06x 3.52x 3.06x
EV / FCF -15.1x - - - 20.1x -4.01x -10.1x 5.36x
FCF Yield -6.63% - - - 4.97% -24.9% -9.93% 18.7%
Dividend per Share 2 0.564 - 0.5035 - 0.7652 0.7616 0.4644 0.92
Rate of return 8.56% - 6.14% - 9.84% 22.8% 13.9% 27.5%
EPS 2 1.132 0.508 1.087 - 1.42 1.32 1.613 1.825
Distribution rate 49.8% - 46.3% - 53.9% 57.7% 28.8% 50.4%
Net sales 1 2,276 2,318 2,974 2,157 1,920 1,759 2,282 2,254
EBITDA 1 299.8 180.2 372.2 110 291.7 343.8 426.1 491
EBIT 1 264.9 128.8 278.4 101.5 227.7 340.5 422.2 487.2
Net income 1 231.2 104.4 216 42.11 237.7 211.1 275.3 324.6
Net Debt 1 -579.2 -172.6 394.4 412.1 513.8 718.9 821.8 828.1
Reference price 2 6.590 4.580 8.200 5.360 7.780 3.340 3.340 3.340
Nbr of stocks (in thousands) 204,128 206,651 196,739 198,856 196,224 198,594 - -
Announcement Date 3/22/22 3/28/23 3/21/24 3/27/25 3/23/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
2.53x0.79x4.02x22.8% 123M
65.15x - - - 70.02B
12.47x4.37x11.22x3.86% 39.48B
18.62x4.04x16.26x1.32% 28.72B
5.68x0.75x1.56x8.71% 27.63B
7.97x1.46x8.19x4.44% 26.54B
14.44x3.15x15.07x2.42% 26.64B
10.23x2.01x7.74x4.1% 20.56B
8.24x2.9x6.79x-.--% 19.76B
7.44x0.82x3x3% 19.02B
Average 15.28x 2.26x 8.21x 5.63% 27.85B
Weighted average by Cap. 24.62x 2.62x 9.22x 3.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - EVEN Construtora e Incorporadora S.A.

Historical PBR trend

Valuation ratios - PBR - EVEN Construtora e Incorporadora S.A.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - EVEN Construtora e Incorporadora S.A.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - EVEN Construtora e Incorporadora S.A.


Year-on-year evolution of the Yield

Valuation ratios - Yield - EVEN Construtora e Incorporadora S.A.
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