Company Valuation: Light SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,378 1,725 2,980 1,513 1,762 1,106 - -
Change - -60.6% 72.79% -49.25% 16.5% -37.21% - -
Enterprise Value (EV) 1 11,955 10,330 11,529 10,854 9,712 7,871 6,861 3,823
Change - -13.59% 11.6% -5.86% -10.52% -18.95% -12.83% -44.28%
P/E 10.9x -0.3x 11.4x 0.92x 8.3x 1.87x 1.15x -
PBR 0.5x 0.61x 0.95x 0.29x 0.32x 0.18x 0.16x -
PEG - 0x -0x 0x -0.1x 0x 0x -
Capitalization / Revenue 0.31x 0.13x 0.21x 0.1x 0.12x 0.08x 0.07x 0.08x
EV / Revenue 0.86x 0.78x 0.82x 0.73x 0.65x 0.55x 0.45x 0.26x
EV / EBITDA 6.26x 6.1x 5.36x 5.17x 4.45x 3.64x 2.24x 1.16x
EV / EBIT 9.71x 10.7x 8.46x 9.22x 7.66x 6.49x 3.29x 1.67x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.2628 - - - - - 0.65 -
Rate of return 2.24% - - - - - 21.9% -
EPS 2 1.08 -15.46 0.7 4.41 0.57 1.59 2.59 -
Distribution rate 24.3% - - - - - 25.1% -
Net sales 1 13,931 13,253 14,116 14,876 14,996 14,236 15,244 14,448
EBITDA 1 1,909 1,695 2,150 2,100 2,184 2,164 3,064 3,300
EBIT 1 1,231 964 1,363 1,177 1,269 1,213 2,087 2,292
Net income 1 397.9 -5,672 255.2 1,644 213.1 592.8 965.5 -
Net Debt 1 7,578 8,605 8,548 9,341 7,950 6,765 5,755 2,717
Reference price 2 11.750 4.630 8.000 4.060 4.730 2.970 2.970 2.970
Nbr of stocks (in thousands) 372,555 372,555 372,555 372,555 372,555 372,555 - -
Announcement Date 3/24/22 3/28/23 3/25/24 3/28/25 3/21/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
1.87x0.55x3.64x-.--% 214M
34.85x6.15x44.97x0.19% 288B
21.84x9.2x15.21x2.82% 182B
20.85x4.33x11.75x3.46% 160B
14x1.99x6.98x5.1% 116B
21.67x6.01x13.27x3.15% 109B
18.77x5.68x11.33x3.45% 98.85B
19.96x3.08x12.09x0.69% 87.32B
21.32x5.35x12.86x2.84% 73.94B
19.41x6.4x13.7x3.82% 61.44B
Average 19.45x 4.87x 14.58x 2.55% 117.61B
Weighted average by Cap. 23.54x 5.65x 20.25x 2.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield