Financials LOG Commercial Properties e Participações S.A.

Equities

LOGG3

BRLOGGACNOR7

Real Estate Development & Operations

Market Closed - Sao Paulo 21:07:50 03/05/2024 BST 5-day change 1st Jan Change
22.9 BRL +2.74% Intraday chart for LOG Commercial Properties e Participações S.A. +5.19% +0.44%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,316 3,461 2,555 1,616 2,274 2,298 - -
Enterprise Value (EV) 1 3,703 3,812 3,620 1,616 3,418 3,306 2,962 2,891
P/E ratio 28.2 x 24.9 x 7 x 4.21 x 11.8 x 14 x 13 x 8.87 x
Yield 0.65% 0.95% 3.44% - 3.07% 2.36% 3.78% 0.87%
Capitalization / Revenue 25.9 x 24.5 x 17.1 x 7.44 x 10.3 x 10.2 x 8.17 x 7.26 x
EV / Revenue 28.9 x 26.9 x 24.2 x 7.44 x 15.5 x 14.6 x 10.5 x 9.13 x
EV / EBITDA 36.1 x 34.7 x 30.2 x 9.7 x 20.7 x 19.9 x 13.6 x 11.4 x
EV / FCF - 49.5 x 7.06 x - -8.62 x 3.94 x 3.3 x 16 x
FCF Yield - 2.02% 14.2% - -11.6% 25.4% 30.3% 6.26%
Price to Book 1.13 x 1.14 x 0.77 x - 0.61 x 0.59 x 0.58 x 0.54 x
Nbr of stocks (in thousands) 102,159 101,174 101,044 100,258 99,728 100,340 - -
Reference price 2 32.46 34.21 25.29 16.12 22.80 22.90 22.90 22.90
Announcement Date 10/02/20 09/02/21 08/02/22 08/02/23 06/02/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 128 141.5 149.4 217.2 220.2 225.8 281.2 316.5
EBITDA 1 102.7 110 119.7 166.6 165 166.2 218 252.7
EBIT 1 101.9 109.3 118.9 164.9 161 166 217.2 247.9
Operating Margin 79.61% 77.2% 79.58% 75.92% 73.13% 73.5% 77.23% 78.32%
Earnings before Tax (EBT) 1 142 235.7 420.3 397.5 184.5 244 175.8 251.6
Net income 1 90.2 140 369 386.1 192.2 167 177.6 261.2
Net margin 70.45% 98.89% 247.01% 177.72% 87.29% 73.96% 63.14% 82.53%
EPS 2 1.151 1.372 3.612 3.831 1.925 1.640 1.755 2.582
Free Cash Flow 1 - 76.94 512.8 - -396.7 838 899 181
FCF margin - 54.36% 343.32% - -180.18% 371.05% 319.65% 57.19%
FCF Conversion (EBITDA) - 69.95% 428.42% - - 504.08% 412.34% 71.63%
FCF Conversion (Net income) - 54.98% 138.99% - - 501.68% 506.24% 69.29%
Dividend per Share 2 0.2097 0.3254 0.8700 - 0.7000 0.5401 0.8660 0.1995
Announcement Date 10/02/20 09/02/21 08/02/22 08/02/23 06/02/24 - - -
1BRL in Million2BRL
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
Net sales 1 38.65 40.79 54.31 59.18 62.95 67.01 57.42 48.11 47.61 53.84 61.03 64.5 65.09
EBITDA 1 30.62 30.04 44.5 46.06 45.97 52.9 43.24 36.71 32.12 38.84 48.77 53.42 45.12
EBIT 1 30.39 29.74 44.18 45.73 45.27 52 42.32 35.73 30.95 37.69 46.22 50.95 49.38
Operating Margin 78.63% 72.9% 81.35% 77.26% 71.92% 77.6% 73.7% 74.27% 65.01% 70.01% 75.73% 78.99% 75.87%
Earnings before Tax (EBT) 1 - - - - - - - - 9.93 16.1 25 34.21 28.69
Net income 1 87.59 131.4 99.79 110.6 44.26 27.49 42.75 48.53 - 55.16 46.6 48 -
Net margin 226.61% 322.24% 183.75% 186.85% 70.3% 41.02% 74.44% 100.88% - 102.44% 76.36% 74.42% -
EPS 2 0.8610 1.297 0.9881 1.099 0.4473 0.2752 0.4279 - - 0.5489 0.4500 0.4600 -
Dividend per Share 2 - - - - - - - - 0.7000 - 0.7109 - -
Announcement Date 08/02/22 28/04/22 27/07/22 26/10/22 08/02/23 26/04/23 03/08/23 31/10/23 06/02/24 24/04/24 - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 387 351 1,065 - 1,144 1,008 665 593
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.766 x 3.193 x 8.894 x - 6.935 x 6.062 x 3.048 x 2.348 x
Free Cash Flow 1 - 76.9 513 - -397 838 899 181
ROE (net income / shareholders' equity) 2.41% 4.67% 11.6% - 5.25% 1.8% 3.18% 4.72%
ROA (Net income/ Total Assets) - - - - 3.1% 9.3% 1.66% 2.69%
Assets 1 - - - - 6,202 1,796 10,691 9,721
Book Value Per Share 2 28.80 30.00 32.80 - 37.20 38.90 39.30 42.50
Cash Flow per Share - - - - - - - -
Capex 1 - 147 638 - 554 859 10 11
Capex / Sales - 104.05% 426.91% - 251.6% 380.35% 3.56% 3.48%
Announcement Date 10/02/20 09/02/21 08/02/22 08/02/23 06/02/24 - - -
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
9
Last Close Price
22.9 BRL
Average target price
27.39 BRL
Spread / Average Target
+19.60%
Consensus
  1. Stock Market
  2. Equities
  3. LOGG3 Stock
  4. Financials LOG Commercial Properties e Participações S.A.