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 1,211 - -
Change - -60.6% 72.79% -49.25% 16.5% -31.29% - -
Enterprise Value (EV) 1 11,955 10,330 11,529 10,854 9,712 7,976 6,966 3,928
Change - -13.59% 11.6% -5.86% -10.52% -17.88% -12.66% -43.61%
P/E 10.9x -0.3x 11.4x 0.92x 8.3x 2.04x 1.25x -
PBR 0.5x 0.61x 0.95x 0.29x 0.32x 0.19x 0.17x -
PEG - 0x -0x 0x -0.1x 0x 0x -
Capitalization / Revenue 0.31x 0.13x 0.21x 0.1x 0.12x 0.09x 0.08x 0.08x
EV / Revenue 0.86x 0.78x 0.82x 0.73x 0.65x 0.56x 0.46x 0.27x
EV / EBITDA 6.26x 6.1x 5.36x 5.17x 4.45x 3.69x 2.27x 1.19x
EV / EBIT 9.71x 10.7x 8.46x 9.22x 7.66x 6.58x 3.34x 1.71x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.2628 - - - - - 0.65 -
Rate of return 2.24% - - - - - 20% -
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 3.250 3.250 3.250
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.($)
2.04x0.56x3.69x-.--% 231M
34.47x5.88x42.98x0.19% 283B
21.41x9.24x15.76x2.86% 180B
19.88x4.14x11.37x3.59% 152B
13.08x1.89x6.71x5.42% 109B
20.76x5.95x13.17x3.26% 107B
22.11x3.3x14.16x0.61% 100B
18.31x5.59x11.32x3.51% 96.62B
19.44x5.14x12.49x3.07% 68.38B
19.16x6.33x13.52x3.88% 60.48B
Average 19.07x 4.80x 14.52x 2.64% 115.63B
Weighted average by Cap. 23.12x 5.54x 19.94x 2.5%

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