Company Valuation: Marcopolo

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,678 2,514 6,142 7,625 7,301 6,141 - -
Change - -6.11% 144.28% 24.14% -4.25% -15.88% - -
Enterprise Value (EV) 1 3,677 3,711 7,026 8,783 8,782 7,634 7,548 7,124
Change - 0.93% 89.32% 25% -0.01% -13.08% -1.12% -5.62%
P/E 7.88x 5.97x 8.18x 6.77x 6.1x 5.02x 4.89x 4.39x
PBR 0.99x 0.85x 1.88x 2.08x 1.95x 1.43x 1.33x 1.23x
PEG - 0.3x 0.1x 0.1x -5.2x 1.29x 1.99x 0.4x
Capitalization / Revenue 0.77x 0.46x 0.92x 0.89x 0.81x 0.66x 0.6x 0.56x
EV / Revenue 1.05x 0.69x 1.05x 1.02x 0.97x 0.81x 0.74x 0.65x
EV / EBITDA 11x 9.62x 7.42x 5.4x 5.83x 4.52x 4.09x 3.58x
EV / EBIT 16.1x 14x 8.78x 6.03x 6.51x 5.1x 4.64x 4.06x
EV / FCF 41.7x -82.5x 7.75x 9.76x 7.86x 11.1x 8.47x 7.53x
FCF Yield 2.4% -1.21% 12.9% 10.2% 12.7% 9.05% 11.8% 13.3%
Dividend per Share 2 - 0.0697 0.1818 0.7454 1.05 0.4451 0.5122 0.6685
Rate of return - 3.25% 3.4% 11.1% 17.6% 8.73% 10% 13.1%
EPS 2 0.2933 0.3593 0.653 0.9906 0.9789 1.017 1.042 1.161
Distribution rate - 19.4% 27.8% 75.3% 107% 43.8% 49.2% 57.6%
Net sales 1 3,499 5,416 6,683 8,594 9,058 9,372 10,266 11,006
EBITDA 1 333.5 385.6 946.9 1,625 1,506 1,688 1,845 1,990
EBIT 1 228 265.8 800.6 1,458 1,350 1,497 1,626 1,754
Net income 1 366.6 449.1 816.2 1,200 1,223 1,269 1,297 1,404
Net Debt 1 998.9 1,197 884.1 1,158 1,481 1,492 1,407 982.6
Reference price 2 2.311 2.144 5.341 6.709 5.970 5.100 5.100 5.100
Nbr of stocks (in thousands) 1,240,387 1,241,322 1,242,770 1,243,450 1,240,354 1,241,339 - -
Announcement Date 2/25/22 2/28/23 2/27/24 2/25/25 2/26/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.76x0.46x2.84x3.37% 2.66B
63.96x - - 0.34% 2.37B
8.49x0.31x3.14x4.53% 2.1B
12.57x0.74x5.71x4.09% 1.03B
Average 24.20x 0.51x 3.90x 3.08% 2.04B
Weighted average by Cap. 26.18x 0.46x 3.46x 2.88%

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