Market Closed -
Sao Paulo
20:05:12 09/05/2024 BST
|
5-day change
|
1st Jan Change
|
48.56
BRL
|
+1.08%
|
|
+0.96%
|
+15.73%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
61,095
|
99,666
|
158,999
|
155,425
|
125,446
|
137,825
|
-
|
-
|
Enterprise Value (EV)
1 |
36,895
|
49,166
|
119,799
|
153,125
|
141,246
|
138,245
|
156,126
|
153,968
|
P/E ratio
|
17.8
x
|
25
x
|
29.7
x
|
23.8
x
|
27.1
x
|
23.9
x
|
19
x
|
16.2
x
|
Yield
|
1.43%
|
1.36%
|
0.86%
|
1.01%
|
1.45%
|
1.36%
|
1.52%
|
1.61%
|
Capitalization / Revenue
|
5.7
x
|
8.53
x
|
8.59
x
|
7.49
x
|
6.66
x
|
6.93
x
|
6.07
x
|
5.66
x
|
EV / Revenue
|
3.44
x
|
4.21
x
|
6.47
x
|
7.38
x
|
7.5
x
|
6.95
x
|
6.88
x
|
6.32
x
|
EV / EBITDA
|
7.1
x
|
9.2
x
|
12
x
|
13.2
x
|
15.4
x
|
12.9
x
|
13.2
x
|
11.5
x
|
EV / FCF
|
4.28
x
|
16.2
x
|
22.8
x
|
22.9
x
|
-
|
18.5
x
|
12.3
x
|
15.3
x
|
FCF Yield
|
23.4%
|
6.16%
|
4.38%
|
4.36%
|
-
|
5.41%
|
8.16%
|
6.54%
|
Price to Book
|
2.81
x
|
1.7
x
|
2.71
x
|
4.1
x
|
3.07
x
|
3.18
x
|
3.2
x
|
2.95
x
|
Nbr of stocks (in thousands)
|
1,284,579
|
1,879,078
|
1,890,600
|
1,866,739
|
1,823,343
|
1,826,951
|
-
|
-
|
Reference price
2 |
47.56
|
53.04
|
84.10
|
83.26
|
68.80
|
75.44
|
75.44
|
75.44
|
Announcement Date
|
16/01/20
|
19/01/21
|
18/01/22
|
18/01/23
|
17/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,721
|
11,691
|
18,520
|
20,762
|
18,837
|
19,896
|
22,704
|
24,361
|
EBITDA
1 |
5,197
|
5,346
|
9,960
|
11,624
|
9,146
|
10,724
|
11,841
|
13,371
|
EBIT
1 |
4,848
|
4,932
|
8,796
|
10,376
|
7,808
|
8,154
|
10,348
|
11,855
|
Operating Margin
|
45.22%
|
42.19%
|
47.49%
|
49.98%
|
41.45%
|
40.98%
|
45.58%
|
48.66%
|
Earnings before Tax (EBT)
1 |
4,848
|
4,300
|
7,713
|
9,388
|
6,378
|
8,067
|
10,131
|
11,733
|
Net income
1 |
3,526
|
3,043
|
5,360
|
6,635
|
4,649
|
5,716
|
7,269
|
8,206
|
Net margin
|
32.89%
|
26.03%
|
28.94%
|
31.96%
|
24.68%
|
28.73%
|
32.02%
|
33.68%
|
EPS
2 |
2.670
|
2.120
|
2.830
|
3.500
|
2.540
|
3.159
|
3.965
|
4.666
|
Free Cash Flow
1 |
8,617
|
3,030
|
5,247
|
6,682
|
-
|
7,475
|
12,734
|
10,076
|
FCF margin
|
80.37%
|
25.92%
|
28.33%
|
32.18%
|
-
|
37.57%
|
56.09%
|
41.36%
|
FCF Conversion (EBITDA)
|
165.81%
|
56.68%
|
52.68%
|
57.48%
|
-
|
69.7%
|
107.54%
|
75.35%
|
FCF Conversion (Net income)
|
244.38%
|
99.57%
|
97.89%
|
100.71%
|
-
|
130.77%
|
175.17%
|
122.79%
|
Dividend per Share
2 |
0.6800
|
0.7200
|
0.7200
|
0.8400
|
1.000
|
1.023
|
1.145
|
1.215
|
Announcement Date
|
16/01/20
|
19/01/21
|
18/01/22
|
18/01/23
|
17/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
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
|
---|
Net sales
1 |
4,570
|
4,708
|
4,672
|
5,093
|
5,500
|
5,497
|
5,116
|
4,656
|
4,606
|
4,459
|
4,740
|
4,902
|
5,016
|
5,196
|
5,328
|
EBITDA
1 |
2,561
|
2,577
|
2,393
|
2,835
|
3,249
|
3,147
|
2,655
|
2,280
|
2,236
|
1,975
|
2,296
|
2,606
|
2,760
|
2,871
|
3,003
|
EBIT
1 |
2,268
|
2,278
|
2,089
|
2,522
|
2,930
|
2,835
|
2,343
|
1,955
|
1,903
|
1,607
|
1,938
|
1,919
|
2,002
|
2,186
|
-
|
Operating Margin
|
49.63%
|
48.39%
|
44.71%
|
49.52%
|
53.27%
|
51.57%
|
45.8%
|
41.99%
|
41.32%
|
36.04%
|
40.89%
|
39.15%
|
39.91%
|
42.07%
|
-
|
Earnings before Tax (EBT)
1 |
2,011
|
2,023
|
1,839
|
2,274
|
2,677
|
2,598
|
2,110
|
1,691
|
1,383
|
1,194
|
1,798
|
1,956
|
2,100
|
2,293
|
2,393
|
Net income
1 |
1,406
|
1,449
|
1,278
|
1,652
|
1,884
|
1,821
|
1,533
|
1,173
|
1,017
|
926
|
1,251
|
1,368
|
1,483
|
1,624
|
1,685
|
Net margin
|
30.77%
|
30.78%
|
27.35%
|
32.44%
|
34.25%
|
33.13%
|
29.96%
|
25.19%
|
22.08%
|
20.77%
|
26.39%
|
27.92%
|
29.57%
|
31.25%
|
31.62%
|
EPS
2 |
0.7400
|
0.7600
|
0.6700
|
0.8700
|
0.9900
|
0.9700
|
0.8300
|
0.6400
|
0.5600
|
0.5100
|
0.6800
|
0.7542
|
0.8308
|
0.9024
|
0.9215
|
Dividend per Share
2 |
0.1800
|
0.1800
|
0.2000
|
0.2000
|
0.2200
|
0.2200
|
0.2500
|
0.2500
|
0.2500
|
0.2500
|
0.2500
|
0.2575
|
0.2575
|
0.2575
|
0.3233
|
Announcement Date
|
15/10/21
|
18/01/22
|
18/04/22
|
18/07/22
|
17/10/22
|
18/01/23
|
17/04/23
|
18/07/23
|
16/10/23
|
17/01/24
|
15/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
15,800
|
420
|
18,301
|
16,143
|
Net Cash position
1 |
24,200
|
50,500
|
39,200
|
2,300
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
1.728
x
|
0.0392
x
|
1.546
x
|
1.207
x
|
Free Cash Flow
1 |
8,617
|
3,030
|
5,247
|
6,682
|
-
|
7,475
|
12,734
|
10,076
|
ROE (net income / shareholders' equity)
|
19%
|
9%
|
11%
|
18%
|
16%
|
15.5%
|
16.4%
|
19%
|
ROA (Net income/ Total Assets)
|
1.19%
|
0.72%
|
1.02%
|
1.21%
|
1.1%
|
1.92%
|
1.54%
|
1.56%
|
Assets
1 |
295,260
|
421,497
|
527,871
|
547,578
|
423,098
|
298,186
|
471,019
|
526,007
|
Book Value Per Share
2 |
16.90
|
31.10
|
31.00
|
20.30
|
22.40
|
23.70
|
23.60
|
25.60
|
Cash Flow per Share
|
7.060
|
4.770
|
1.120
|
1.090
|
-
|
-
|
-
|
-
|
Capex
1 |
708
|
631
|
916
|
971
|
804
|
637
|
740
|
811
|
Capex / Sales
|
6.6%
|
5.4%
|
4.95%
|
4.68%
|
4.27%
|
3.2%
|
3.26%
|
3.33%
|
Announcement Date
|
16/01/20
|
19/01/21
|
18/01/22
|
18/01/23
|
17/01/24
|
-
|
-
|
-
|
Last Close Price
75.44
USD Average target price
79.1
USD Spread / Average Target +4.85% Consensus |