Market Closed -
Sao Paulo
21:11:00 03/05/2024 BST
|
5-day change
|
1st Jan Change
|
47.15
BRL
|
+3.22%
|
|
+2.43%
|
+26.92%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
916,154
|
1,634,168
|
1,691,003
|
856,939
|
1,570,153
|
1,937,818
|
-
|
-
|
Enterprise Value (EV)
1 |
884,547
|
1,581,588
|
1,643,698
|
854,063
|
1,541,687
|
1,908,737
|
1,847,837
|
1,857,283
|
P/E ratio
|
80.3
x
|
77.9
x
|
51.4
x
|
-311
x
|
52.4
x
|
41.6
x
|
33
x
|
25.3
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
3.27
x
|
4.23
x
|
3.6
x
|
1.67
x
|
2.73
x
|
3.03
x
|
2.73
x
|
2.45
x
|
EV / Revenue
|
3.15
x
|
4.1
x
|
3.5
x
|
1.66
x
|
2.68
x
|
2.99
x
|
2.6
x
|
2.35
x
|
EV / EBITDA
|
20.4
x
|
27.6
x
|
22.8
x
|
11.4
x
|
14
x
|
13.9
x
|
11.6
x
|
9.64
x
|
EV / FCF
|
40.9
x
|
51
x
|
-112
x
|
-73.8
x
|
41.9
x
|
31.3
x
|
24.6
x
|
19.2
x
|
FCF Yield
|
2.45%
|
1.96%
|
-0.9%
|
-1.35%
|
2.39%
|
3.19%
|
4.06%
|
5.22%
|
Price to Book
|
14.8
x
|
17.5
x
|
12.3
x
|
5.89
x
|
8.2
x
|
6.86
x
|
5.54
x
|
4.37
x
|
Nbr of stocks (in thousands)
|
9,915,944
|
10,035,024
|
10,142,952
|
10,201,654
|
10,334,031
|
10,406,627
|
-
|
-
|
Reference price
2 |
92.39
|
162.8
|
166.7
|
84.00
|
151.9
|
186.2
|
186.2
|
186.2
|
Announcement Date
|
30/01/20
|
02/02/21
|
03/02/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
280,522
|
386,064
|
469,822
|
513,983
|
574,785
|
638,767
|
710,365
|
789,959
|
EBITDA
1 |
43,395
|
57,283
|
71,994
|
75,053
|
110,305
|
137,169
|
159,954
|
192,722
|
EBIT
1 |
14,541
|
22,899
|
24,879
|
12,248
|
36,852
|
61,270
|
74,997
|
95,802
|
Operating Margin
|
5.18%
|
5.93%
|
5.3%
|
2.38%
|
6.41%
|
9.59%
|
10.56%
|
12.13%
|
Earnings before Tax (EBT)
1 |
13,976
|
24,178
|
38,151
|
-5,936
|
37,557
|
59,635
|
75,385
|
97,856
|
Net income
1 |
11,588
|
21,331
|
33,364
|
-2,722
|
30,425
|
47,984
|
61,292
|
79,706
|
Net margin
|
4.13%
|
5.53%
|
7.1%
|
-0.53%
|
5.29%
|
7.51%
|
8.63%
|
10.09%
|
EPS
2 |
1.150
|
2.092
|
3.240
|
-0.2700
|
2.900
|
4.476
|
5.650
|
7.361
|
Free Cash Flow
1 |
21,653
|
31,020
|
-14,726
|
-11,569
|
36,813
|
60,956
|
75,109
|
96,947
|
FCF margin
|
7.72%
|
8.03%
|
-3.13%
|
-2.25%
|
6.4%
|
9.54%
|
10.57%
|
12.27%
|
FCF Conversion (EBITDA)
|
49.9%
|
54.15%
|
-
|
-
|
33.37%
|
44.44%
|
46.96%
|
50.3%
|
FCF Conversion (Net income)
|
186.86%
|
145.42%
|
-
|
-
|
121%
|
127.03%
|
122.54%
|
121.63%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
30/01/20
|
02/02/21
|
03/02/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
137,412
|
116,444
|
121,234
|
127,101
|
149,204
|
127,358
|
134,383
|
143,083
|
169,961
|
143,313
|
148,778
|
158,309
|
187,552
|
158,042
|
163,921
|
EBITDA
1 |
16,966
|
16,146
|
18,210
|
18,450
|
21,787
|
20,868
|
26,543
|
29,392
|
33,502
|
32,180
|
32,631
|
34,093
|
37,894
|
36,165
|
36,940
|
EBIT
1 |
3,460
|
3,669
|
3,317
|
2,525
|
2,737
|
4,774
|
7,681
|
11,188
|
13,209
|
15,307
|
13,428
|
14,967
|
17,451
|
16,772
|
16,303
|
Operating Margin
|
2.52%
|
3.15%
|
2.74%
|
1.99%
|
1.83%
|
3.75%
|
5.72%
|
7.82%
|
7.77%
|
10.68%
|
9.03%
|
9.45%
|
9.3%
|
10.61%
|
9.95%
|
Earnings before Tax (EBT)
1 |
14,934
|
-5,265
|
-2,653
|
2,944
|
-962
|
4,119
|
7,563
|
12,189
|
13,686
|
12,983
|
13,342
|
15,100
|
17,759
|
15,518
|
15,909
|
Net income
1 |
14,323
|
-3,844
|
-2,028
|
2,872
|
278
|
3,172
|
6,750
|
9,879
|
10,624
|
10,431
|
10,760
|
12,098
|
14,160
|
13,135
|
13,165
|
Net margin
|
10.42%
|
-3.3%
|
-1.67%
|
2.26%
|
0.19%
|
2.49%
|
5.02%
|
6.9%
|
6.25%
|
7.28%
|
7.23%
|
7.64%
|
7.55%
|
8.31%
|
8.03%
|
EPS
2 |
1.388
|
-0.3780
|
-0.2000
|
0.2800
|
0.0300
|
0.3100
|
0.6500
|
0.9400
|
1.000
|
0.9800
|
1.012
|
1.131
|
1.323
|
1.251
|
1.202
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
03/02/22
|
28/04/22
|
28/07/22
|
27/10/22
|
02/02/23
|
27/04/23
|
03/08/23
|
26/10/23
|
01/02/24
|
30/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
31,607
|
52,580
|
47,305
|
2,876
|
28,466
|
29,081
|
89,981
|
80,536
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
21,653
|
31,020
|
-14,726
|
-11,569
|
36,813
|
60,956
|
75,109
|
96,947
|
ROE (net income / shareholders' equity)
|
21.9%
|
27.4%
|
28.8%
|
-1.92%
|
17.5%
|
19.4%
|
18.8%
|
18.7%
|
ROA (Net income/ Total Assets)
|
5.97%
|
7.81%
|
9%
|
-0.62%
|
6.14%
|
8.55%
|
9.38%
|
9.63%
|
Assets
1 |
193,948
|
273,222
|
370,876
|
441,596
|
495,263
|
560,890
|
653,692
|
827,396
|
Book Value Per Share
2 |
6.230
|
9.280
|
13.60
|
14.30
|
18.50
|
27.20
|
33.60
|
42.60
|
Cash Flow per Share
2 |
3.820
|
6.480
|
4.500
|
4.590
|
8.100
|
12.00
|
14.40
|
16.10
|
Capex
1 |
16,861
|
35,044
|
55,396
|
58,321
|
48,133
|
62,166
|
66,754
|
70,591
|
Capex / Sales
|
6.01%
|
9.08%
|
11.79%
|
11.35%
|
8.37%
|
9.73%
|
9.4%
|
8.94%
|
Announcement Date
|
30/01/20
|
02/02/21
|
03/02/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Last Close Price
186.2
USD Average target price
217.1
USD Spread / Average Target +16.58% Consensus |