Company Valuation: Kinea Renda Imobiliária Fundo de Investimento Imobiliário

Data adjusted to current consolidation scope
Fiscal Period: June 2018 2019 2020 2021 2022 2023
Market Cap 1 2,212 2,394 3,987 3,348 3,176 3,860
Change - 8.24% 66.53% -16.02% -5.14% 21.52%
Enterprise Value (EV) 1 2,211 2,394 3,987 3,348 3,176 3,859
Change - 8.27% 66.52% -16.02% -5.14% 21.51%
P/E 12.2x 11.8x 11.5x 14.2x 12.3x 13.1x
PBR 0.99x 1.02x 1.08x 0.87x 0.82x 1x
PEG - 1.1x 0.9x -0.4x 1.29x 0.9x
Capitalization / Revenue 15.7x 12.5x 15.3x 15.1x 11.8x 11.3x
EV / Revenue 15.7x 12.5x 15.3x 15.1x 11.8x 11.3x
EV / EBITDA - - - - - -
EV / EBIT 21x 15.6x 19.5x 19.5x 14.4x 13.3x
EV / FCF 13.2x -3.54x 4.48x 31.5x 8.03x 602x
FCF Yield 7.56% -28.3% 22.3% 3.17% 12.5% 0.17%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 11.72 13.03 14.74 9.737 10.66 12.17
Distribution rate - - - - - -
Net sales 1 140.9 191.2 260 221.9 269.7 341.9
EBITDA - - - - - -
EBIT 1 105.1 153.5 204.8 171.4 220.7 290.4
Net income 1 182 307.6 347.8 235.2 257.6 294.1
Net Debt 1 -0.662 - -0.058 -0.132 -0.055 -0.288
Reference price 2 142.49 154.23 168.94 138.61 131.48 159.77
Nbr of stocks (in thousands) 15,524 15,524 23,601 24,157 24,157 24,157
Announcement Date 9/12/18 9/6/19 9/8/20 9/10/21 9/8/22 9/12/23
1BRL in Million2BRL
Estimates

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Kinea Renda Imobiliária Fundo de Investimento Imobiliário
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