Projected Income Statement: Light SA

Forecast Balance Sheet: Light SA

Forecast Balance Sheet - Light SA
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 7,578 8,605 8,548 9,341 7,950 5,713 5,030 3,044
Change - 13.55% -0.66% 9.28% -14.89% -28.14% -11.96% -39.48%
Announcement Date 3/24/22 3/28/23 3/25/24 3/28/25 3/21/26 - - -
1BRL in Million
Estimates

Cash Flow Forecast: Light SA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 1,249 1,470 773.1 967 168.3 1,792 2,110 1,833
Change - 17.69% -47.42% 25.08% -82.59% 964.46% 17.75% -13.13%
Free Cash Flow (FCF) 1 -1,291 -1,270 622.8 - - - - -
Change - 1.69% 149.06% - - - - -
Announcement Date 3/24/22 3/28/23 3/25/24 3/28/25 3/21/26 - - -
1BRL in Million
Estimates

Forecast Financial Ratios: Light SA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 13.7% 12.79% 15.23% 14.12% 14.57% 13.32% 18.57% 19.32%
EBIT Margin (%) 8.84% 7.27% 9.66% 7.91% 8.46% 6.36% 11.53% 12.42%
EBT Margin (%) -1.34% -40.3% 5.81% 11.73% 4.21% -0.41% 7.7% 9.62%
Net margin (%) 2.86% -42.8% 1.81% 11.05% 1.42% 19.5% 6.03% 7.91%
FCF margin (%) -9.27% -9.58% 4.41% - - - - -
FCF / Net Income (%) -324.51% 22.38% 244.04% - - - - -

Profitability

        
ROA 1.46% -21.66% 1.07% - - - - -
ROE 5.03% -97.98% 8.59% 39.54% 4% 32.27% 7.24% 7.06%

Financial Health

        
Leverage (Debt/EBITDA) 3.97x 5.08x 3.98x 4.45x 3.64x 3.02x 1.8x 1x
Debt / Free cash flow -5.87x -6.78x 13.73x - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 8.97% 11.09% 5.48% 6.5% 1.12% 12.63% 14.01% 11.58%
CAPEX / EBITDA (%) 65.44% 86.75% 35.96% 46.05% 7.71% 94.85% 75.42% 59.92%
CAPEX / FCF (%) -96.74% -115.81% 124.14% - - - - -

Items per share

        
Cash flow per share 1 -0.1146 0.5473 - - - - - -
Change - 577.56% - - - - - -
Dividend per Share 1 0.2628 - - - - - 0.14 0.14
Change - - - - - - - 0%
Book Value Per Share 1 23.44 7.636 8.439 14.23 14.63 7.43 7.85 8.28
Change - -67.43% 10.52% 68.57% 2.81% -49.2% 5.65% 5.48%
EPS 1 1.08 -15.46 0.7 4.41 0.57 1.725 0.575 0.785
Change - -1,531.71% 104.53% 530% -87.07% 202.63% -66.67% 36.52%
Nbr of stocks (in thousands) 372,555 372,555 372,555 372,555 372,555 1,609,810 1,609,810 1,609,810
Announcement Date 3/24/22 3/28/23 3/25/24 3/28/25 3/21/26 - - -
1BRL
Estimates
2026 *2027 *
P/E 2.28x 6.85x
PBR 0.53x 0.5x
EV / Sales 0.85x 0.76x
Yield - 3.55%

EPS & Dividend

EPS & Dividend - Light SA


Y-o-Y evolution of P/E

Valuation ratios - P/E - Light SA
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Light SA
Trader
Investor
Global
Quality
ESG MSCI
BBB
Ratings Surperformance© - Light SA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
3.940BRL
Average target price
4.733BRL
Spread / Average Target
+20.14%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Light SA