Financials Amazon.com, Inc. Sao Paulo

Equities

AMZO34

BRAMZOBDR002

Department Stores

Market Closed - Sao Paulo 21:11:00 03/05/2024 BST 5-day change 1st Jan Change
47.15 BRL +3.22% Intraday chart for Amazon.com, Inc. +2.43% +26.92%

Valuation

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 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

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 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

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 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

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 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
59
Last Close Price
186.2 USD
Average target price
217.1 USD
Spread / Average Target
+16.58%
Consensus