Company Valuation: Lojas Renner S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,089 19,873 16,647 12,747 12,872 10,776 - -
Change - -17.5% -16.24% -23.43% 0.98% -16.28% - -
Enterprise Value (EV) 1 24,269 21,685 15,470 10,921 11,372 12,087 12,381 12,739
Change - -10.65% -28.66% -29.4% 4.13% 6.29% 2.43% 2.89%
P/E 36.9x 15.5x 17.1x 10.6x 9.33x 7.06x 6.53x 5.91x
PBR 2.46x - 1.66x 1.18x 1.3x 1.02x 0.95x 0.89x
PEG - 0.2x -0.7x 0.5x 0.3x 0.7x 0.8x 0.6x
Capitalization / Revenue 2.28x 1.5x 1.22x 0.88x 0.81x 0.65x 0.59x 0.54x
EV / Revenue 2.3x 1.63x 1.13x 0.76x 0.72x 0.73x 0.68x 0.64x
EV / EBITDA 14.1x 9.03x 7.35x 4.12x 3.57x 3.99x 3.42x 3.19x
EV / EBIT 29.8x 15.4x 17.4x 8.67x 6.33x 6.31x 5.56x 5.04x
EV / FCF 86.2x 50.3x 8.74x 6.04x 7.91x 8.43x 8.84x 8.03x
FCF Yield 1.16% 1.99% 11.4% 16.6% 12.6% 11.9% 11.3% 12.5%
Dividend per Share 2 0.3896 - 0.6488 0.6456 0.8383 1.076 0.9827 1.177
Rate of return 1.75% - 4.1% 5.33% 6.23% 9.6% 8.77% 10.5%
EPS 2 0.6026 1.203 0.9241 1.138 1.442 1.588 1.717 1.898
Distribution rate 64.7% - 70.2% 56.7% 58.1% 67.8% 57.2% 62%
Net sales 1 10,572 13,271 13,648 14,436 15,830 16,502 18,325 19,974
EBITDA 1 1,723 2,401 2,104 2,650 3,187 3,033 3,622 3,991
EBIT 1 813.9 1,407 889.1 1,259 1,797 1,915 2,226 2,529
Net income 1 633.1 1,292 976.3 1,197 1,500 1,532 1,715 1,912
Net Debt 1 180.6 1,812 -1,177 -1,826 -1,500 1,311 1,605 1,963
Reference price 2 22.22 18.62 15.84 12.12 13.45 11.21 11.21 11.21
Nbr of stocks (in thousands) 1,084,183 1,067,423 1,051,161 1,051,732 957,030 961,283 - -
Announcement Date 17/03/22 16/02/23 14/03/24 20/02/25 03/03/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.45x4.08x14.43x3.36% 208B
46.2x5.72x23.76x0.81% 149B
31.37x2.99x20x0.73% 78.71B
50.32x2.82x10.87x1.27% 38.13B
22.55x1.5x8.49x4.17% 29.39B
16.71x3.15x12.06x1.43% 25.72B
18.84x2.61x11.7x1.89% 23.59B
30.03x1.75x14.76x-.--% 21.63B
15.36x1.82x7.72x4.22% 10.91B
Average 28.65x 2.94x 13.76x 1.99% 64.94B
Weighted average by Cap. 32.69x 3.91x 16.70x 2.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield