Financials Westwing Comércio Varejista S.A.

Equities

WEST3

BRWESTACNOR3

Home Furnishings Retailers

Delayed Sao Paulo 13:59:39 2024-05-15 EDT 5-day change 1st Jan Change
1.11 BRL -7.50% Intraday chart for Westwing Comércio Varejista S.A. -5.93% -19.57%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 385.4 131.3 152.5
Enterprise Value (EV) 1 154.3 3.62 28.91
P/E ratio -9.14 x -2.42 x -2.84 x
Yield - - -
Capitalization / Revenue 1.23 x 0.51 x 0.77 x
EV / Revenue 0.49 x 0.01 x 0.15 x
EV / EBITDA -2.23 x -0.05 x -0.47 x
EV / FCF -1.18 x -0.04 x 8.47 x
FCF Yield -85% -2,370% 11.8%
Price to Book 1.01 x 0.43 x 0.6 x
Nbr of stocks (in thousands) 110,126 110,330 110,498
Reference price 2 3.500 1.190 1.380
Announcement Date 22-03-22 23-03-31 24-03-20
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 118.9 130.9 245.3 313.9 256.8 198.2
EBITDA 1 7.94 2.491 1.279 -69.24 -75.6 -61.37
EBIT 1 7.393 1.882 0.062 -72.36 -84.27 -71.09
Operating Margin 6.22% 1.44% 0.03% -23.05% -32.81% -35.88%
Earnings before Tax (EBT) 1 4.532 -1.216 -6.165 -54.54 -65.32 -54.75
Net income 1 2.832 -1.474 11.7 -42.15 -54.27 -53.74
Net margin 2.38% -1.13% 4.77% -13.43% -21.13% -27.12%
EPS 2 0.0398 -0.0207 0.1594 -0.3828 -0.4919 -0.4857
Free Cash Flow 1 1.537 -3.334 25.51 -131.2 -85.8 3.412
FCF margin 1.29% -2.55% 10.4% -41.78% -33.41% 1.72%
FCF Conversion (EBITDA) 19.36% - 1,994.88% - - -
FCF Conversion (Net income) 54.28% - 218.05% - - -
Dividend per Share - - - - - -
Announcement Date 20-12-03 20-12-03 21-03-31 22-03-22 23-03-31 24-03-20
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 86.12 87.64 68.27 61.54 61.72 69.57 44.44 45.74 51.02 56.95
EBITDA 1 -11.77 -18.21 -7.696 -14.06 -9.839 - -10.7 -8.24 -9.545 -15.47
EBIT 1 -14.83 -23.04 -12.9 -18.73 -14.91 -31.14 -16.61 -14.84 -19.4 -20.36
Operating Margin -17.22% -26.29% -18.9% -30.44% -24.15% -44.75% -37.38% -32.43% -38.03% -35.75%
Earnings before Tax (EBT) 1 - -19.8 - -13.31 - - -13.48 - - -17.55
Net income 1 -9.318 -16.75 -7.078 -8.734 -11.04 -24.57 -13.48 -9.08 -14.64 -16.54
Net margin -10.82% -19.11% -10.37% -14.19% -17.9% -35.32% -30.33% -19.85% -28.7% -29.04%
EPS 2 -0.0847 -0.1258 -0.0642 -0.0800 -0.0794 - -0.1117 -0.0814 -0.1211 -0.1557
Dividend per Share - - - - - - - - - -
Announcement Date 21-11-11 22-03-22 22-05-11 22-08-15 22-11-10 23-03-31 23-05-15 23-08-14 23-11-15 24-03-20
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 3.84 - - - -
Net Cash position 1 4.31 - 18.7 231 128 124
Leverage (Debt/EBITDA) - 1.54 x - - - -
Free Cash Flow 1 1.54 -3.33 25.5 -131 -85.8 3.41
ROE (net income / shareholders' equity) -33.4% 18.9% -558% -21.9% -16.2% -19.1%
ROA (Net income/ Total Assets) 19.2% 4.22% 0.06% -15.4% -11.5% -11.5%
Assets 1 14.73 -34.96 19,437 274.4 471.4 467.6
Book Value Per Share 2 -0.1000 -0.2100 0.0600 3.450 2.800 2.310
Cash Flow per Share 2 0.0600 0.1100 0.4200 2.400 1.410 1.260
Capex 1 0.68 1.17 4.1 25 10.6 0.86
Capex / Sales 0.57% 0.9% 1.67% 7.96% 4.12% 0.44%
Announcement Date 20-12-03 20-12-03 21-03-31 22-03-22 23-03-31 24-03-20
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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