Financials BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

Equities

AGRO3

BRAGROACNOR7

Fishing & Farming

Market Closed - Sao Paulo 21:06:00 26/04/2024 BST 5-day change 1st Jan Change
25.3 BRL -2.09% Intraday chart for BrasilAgro - Companhia Brasileira de Propriedades Agrícolas -4.99% -5.28%

Valuation

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 893.1 1,244 2,976 2,418 2,422 2,520 - -
Enterprise Value (EV) 1 1,090 1,713 2,779 2,685 2,910 2,762 2,520 2,520
P/E ratio 5.07 x 10.9 x 9.68 x 4.66 x 9.07 x 8.66 x 5.49 x 7.83 x
Yield 5.6% 3.39% 8.73% 13.3% 13.2% 13.3% 11.5% 18.2%
Capitalization / Revenue 1.67 x 2.22 x 4.12 x 2.07 x 2.68 x 2.28 x 1.94 x 2.12 x
EV / Revenue 2.04 x 3.06 x 3.85 x 2.3 x 3.22 x 2.5 x 1.94 x 2.12 x
EV / EBITDA 5.32 x 9.65 x 7.6 x 3.59 x 5.45 x 6.04 x 4.04 x 5.09 x
EV / FCF 142,084,114 x 86,692,997 x - 17,397,208 x - - - -
FCF Yield 0% 0% - 0% - - - -
Price to Book 1.01 x 1.16 x 1.41 x 1.13 x 1.18 x 1.14 x 1.07 x 1.14 x
Nbr of stocks (in thousands) 53,802 59,342 99,192 99,192 98,806 99,615 - -
Reference price 2 16.60 20.96 30.00 24.38 24.51 25.30 25.30 25.30
Announcement Date 03/09/19 28/08/20 01/09/21 01/09/22 05/09/23 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 535.1 559.1 721.9 1,168 903.4 1,105 1,297 1,188
EBITDA 1 204.8 177.6 365.7 748.1 533.7 457 624 495
EBIT 1 181.7 117.3 255.7 665.5 275.8 370 537 404
Operating Margin 33.96% 20.99% 35.42% 56.97% 30.53% 33.48% 41.4% 34.01%
Earnings before Tax (EBT) 1 199.8 133.5 298.1 637.3 281.7 345 511 376
Net income 1 177.1 119.6 317.6 520.1 268.5 290 457 320
Net margin 33.09% 21.38% 44% 44.52% 29.73% 26.24% 35.24% 26.94%
EPS 2 3.273 1.930 3.100 5.235 2.703 2.920 4.610 3.230
Free Cash Flow 7.668 19.76 - 154.3 - - - -
FCF margin 1.43% 3.54% - 13.21% - - - -
FCF Conversion (EBITDA) 3.74% 11.13% - 20.63% - - - -
FCF Conversion (Net income) 4.33% 16.53% - 29.67% - - - -
Dividend per Share 2 0.9300 0.7100 2.620 3.240 3.240 3.370 2.920 4.610
Announcement Date 03/09/19 28/08/20 01/09/21 01/09/22 05/09/23 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Junio 2022 Q1 2022 Q2 2022 Q3 2023 Q1 2023 Q2
Net sales - - - - -
EBITDA 1 - 340.3 160.7 - 86.2
EBIT - - - - -
Operating Margin - - - - -
Earnings before Tax (EBT) - - - - -
Net income 1 125.4 - 81.78 42 -12.88
Net margin - - - - -
EPS - - - 0.4228 -
Dividend per Share - - - - -
Announcement Date 04/11/21 08/02/22 10/05/22 08/11/22 07/02/23
1BRL in Million
Estimates

Balance Sheet Analysis

Fiscal Period: Junio 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 196 470 - 267 488 242 - -
Net Cash position 1 - - 197 - - - - -
Leverage (Debt/EBITDA) 0.9589 x 2.644 x - 0.3565 x 0.9146 x 0.5295 x - -
Free Cash Flow 7.67 19.8 - 154 - - - -
ROE (net income / shareholders' equity) 21.6% 11.9% 19.2% 23.6% 12.8% 13% 20% 14.1%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 16.40 18.10 21.30 21.60 20.70 22.20 23.70 22.20
Cash Flow per Share - - 1.480 2.070 - - - -
Capex 43.7 49.3 - 50.8 - - - -
Capex / Sales 8.16% 8.81% - 4.35% - - - -
Announcement Date 03/09/19 28/08/20 01/09/21 01/09/22 05/09/23 - - -
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
25.3 BRL
Average target price
43 BRL
Spread / Average Target
+69.96%
Consensus

Annual profits - Rate of surprise

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