FRAS-LE S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.35 BRL | +2.30% |
|
+1.94% | +7.94% |
| 05-08 | Transcript : Fras-le S.A., Q1 2024 Earnings Call, May 08, 2024 | |
| 03-12 | Transcript : Fras-le S.A., Q4 2023 Earnings Call, Mar 12, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,223 | 2,171 | 2,989 | 2,566 | 4,539 | 4,958 | - | - |
| Enterprise Value (EV) 1 | 1,503 | 2,171 | 3,601 | 2,920 | 4,367 | 4,958 | 5,198 | 5,232 |
| P/E ratio | - | 11.5 x | 14.2 x | 11.8 x | 12 x | 12.4 x | 10.8 x | - |
| Yield | 1.93% | - | 2.64% | 1.8% | 2.79% | 6.03% | 6.95% | 7.22% |
| Capitalization / Revenue | 0.9 x | - | 1.16 x | 0.84 x | 1.34 x | 1.27 x | 1.15 x | 1.05 x |
| EV / Revenue | 0.9 x | - | 1.16 x | 0.84 x | 1.34 x | 1.27 x | 1.15 x | 1.05 x |
| EV / EBITDA | 6.98 x | - | 7.7 x | 5.4 x | 6.83 x | 6.85 x | 6.17 x | 5.59 x |
| EV / FCF | 32.2 x | - | 21.5 x | -12.1 x | 5.02 x | 15.9 x | 15.7 x | 13.6 x |
| FCF Yield | 3.1% | - | 4.64% | -8.24% | 19.9% | 6.29% | 6.37% | 7.36% |
| Price to Book | 1.6 x | - | 2.73 x | 1.46 x | 2.47 x | 2.55 x | 2.41 x | - |
| Nbr of stocks (in thousands) | 214,566 | 214,566 | 214,566 | 267,016 | 267,016 | 267,016 | - | - |
| Reference price 2 | 5.700 | 10.12 | 13.93 | 9.610 | 17.00 | 18.57 | 18.57 | 18.57 |
| Announcement Date | 20-03-04 | 21-03-03 | 22-02-23 | 23-02-27 | 24-03-11 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,366 | - | 2,582 | 3,058 | 3,389 | 3,911 | 4,299 | 4,720 |
| EBITDA 1 | 175.2 | - | 388.1 | 475.6 | 664.7 | 724 | 803.8 | 887.3 |
| EBIT 1 | 106.7 | - | 274.6 | 333 | 542.6 | 591 | 670.3 | 732.7 |
| Operating Margin | 7.81% | - | 10.63% | 10.89% | 16.01% | 15.11% | 15.59% | 15.52% |
| Earnings before Tax (EBT) 1 | - | - | - | 248.8 | 526.7 | 546 | 611.7 | 657 |
| Net income 1 | - | 188.4 | 210.6 | 204.8 | 377.4 | 404 | 444.8 | 468.3 |
| Net margin | - | - | 8.16% | 6.7% | 11.14% | 10.33% | 10.35% | 9.92% |
| EPS 2 | - | 0.8779 | 0.9844 | 0.8117 | 1.413 | 1.500 | 1.720 | - |
| Free Cash Flow 1 | 37.97 | - | 138.8 | -211.5 | 903.8 | 312 | 316 | 365 |
| FCF margin | 2.78% | - | 5.37% | -6.91% | 26.67% | 7.98% | 7.35% | 7.73% |
| FCF Conversion (EBITDA) | 21.67% | - | 35.76% | - | 135.97% | 43.09% | 39.32% | 41.13% |
| FCF Conversion (Net income) | - | - | 65.89% | - | 239.49% | 77.23% | 71.05% | 77.94% |
| Dividend per Share 2 | 0.1100 | - | 0.3680 | 0.1730 | 0.4735 | 1.120 | 1.290 | 1.340 |
| Announcement Date | 20-03-04 | 21-03-03 | 22-02-23 | 23-02-27 | 24-03-11 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 685.1 | 704.8 | 782.6 | 823.9 | 746.8 | 838.8 | 919.6 | 889.1 | 741.3 | 841.3 |
| EBITDA 1 | 59.8 | 106 | 125.1 | 137.9 | 106.6 | 177.1 | 199.5 | 190.2 | 97.9 | 154 |
| EBIT 1 | - | - | 96.7 | - | 49.79 | - | 156 | 157.9 | - | 116.9 |
| Operating Margin | - | - | 12.36% | - | 6.67% | - | 16.96% | 17.76% | - | 13.9% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | - | - | 66.8 | 74.62 | 34.95 | 89.38 | 98.2 | 106.1 | 87.57 | 107.7 |
| Net margin | - | - | 8.54% | 9.06% | 4.68% | 10.66% | 10.68% | 11.93% | 11.81% | 12.8% |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 22-02-23 | 22-05-11 | 22-08-10 | 22-11-09 | 23-02-27 | 23-05-09 | 23-08-08 | 23-11-08 | 24-03-11 | 24-05-07 |
1BRL in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 280 | - | 612 | 354 | - | - | 240 | 274 |
| Net Cash position | - | - | - | - | 172 | - | - | - |
| Leverage (Debt/EBITDA) | 1.6 x | - | 1.576 x | 0.7444 x | - | - | 0.2986 x | 0.3088 x |
| Free Cash Flow 1 | 38 | - | 139 | -211 | 904 | 312 | 316 | 365 |
| ROE (net income / shareholders' equity) | 5.56% | - | 23% | 14.2% | 20.7% | 21.1% | 20.1% | 20% |
| ROA (Net income/ Total Assets) | - | - | 7.84% | - | - | - | - | - |
| Assets 1 | - | - | 2,686 | - | - | - | - | - |
| Book Value Per Share 2 | 3.560 | - | 5.110 | 6.590 | 6.890 | 7.270 | 7.700 | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 83.1 | - | 106 | 106 | 134 | 155 | 181 | 196 |
| Capex / Sales | 6.08% | - | 4.12% | 3.48% | 3.95% | 3.95% | 4.21% | 4.15% |
| Announcement Date | 20-03-04 | 21-03-03 | 22-02-23 | 23-02-27 | 24-03-11 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
18.57
BRL
Average target price
21.79
BRL
Spread / Average Target
+17.36%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +7.94% | 968M | |
| -0.50% | 3.91B | |
| -21.86% | 3.31B | |
| -0.21% | 2.69B | |
| +48.91% | 2.24B | |
| -27.30% | 2.22B | |
| +76.56% | 1.73B | |
| -9.74% | 1.45B | |
| -17.54% | 1.2B | |
| +44.33% | 1.09B |
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- FRAS3 Stock
- Financials Fras-le S.A.